S&P: BB&T unchanged

Standard & Poor's said the rating on BB&T Corp.'s A and A-1 ratings are not immediately affected by the company's first-quarter results.

The outlook is stable.

The company's net income was $225 million, up 8% from $208 million last quarter, S&P said. The net interest margin was relatively flat at 4.01%, the agency said, but remains strong.

S&P said it expects additional loan sales in the near term, but also expects further improvement in BB&T's credit costs as its credit trends get better.

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