BB&T Corporation today reported quarterly earnings for the fourth quarter of 2015. Net income available to common shareholders was $502 million, or $0.64 per diluted common share for the fourth quarter of 2015. Excluding mergerrelated and restructuring charges, net income available to common shareholders was $535
million, or $0.68 per diluted share.

Net income available to common shareholders was $492 million ($0.64 per diluted share) and $551 million ($0.75 per diluted share) for the third quarter of 2015 and fourth quarter of 2014, respectively.

“We are pleased to report solid results for the quarter, driven by strong net interest income following our acquisition of Susquehanna Bancshares during the third quarter,” said Chairman and Chief Executive Officer Kelly S. King. “Our fee income remained steady and our net interest income was up more than 12% from the fourth quarter of last year.

“Revenues were $2.6 billion, up $164 million compared to the fourth quarter of 2014, reflecting our strategic acquisitions during the year. Revenues for the year were $9.8 billion, up 4% over 2014, led by record fee income of $4.0 billion,” said King. “With a strong balance sheet and cost reductions from acquisitions, I am looking forward to our continued success during 2016.

“After the successful conversion of Susquehanna’s systems in the fourth quarter, we were pleased to receive approval from our federal and state banking regulators for our acquisition of National Penn, which is expected to close April 1st and significantly expand our presence in the mid-Atlantic region,” said King.