Public | |
Traded as | NYSE: BBT S&P 500 Component |
Industry | Finance, Investments, andInsurance |
Founded | 1872 |
Headquarters | Winston-Salem, North Carolina, United States |
Area served
| North Carolina, South Carolina, Virginia, Maryland,West Virginia, Kentucky,Tennessee, Georgia, Florida,Alabama, Indiana, Texas,Washington, D.C. |
Key people
| Kelly S. King (Chairman and CEO) |
Products | Commercial and Consumer banking, Investment banking,Insurance, Mortgage |
Revenue | US$8.9 billion (FY 2014)[1] |
$2.151 billion (FY 2014) | |
Total assets | $186.8 billion (FY 2014)[2] |
Total equity | $24.426 billion (FY 2014)[1] |
Number of employees
| 33,400 (February 2015)[1] |
The BB&T Corporation (Branch Banking & Trust) is one of the largest financial services holding companies in the U.S. with $184.7 billion in assets and market capitalization of $28.9 billion, as of March 31, 2014. Based inWinston-Salem, N.C., the company operates 1,824 financial centers in 12 states (including North Carolina, South Carolina, Virginia, Maryland, West Virginia, Kentucky, Tennessee, Georgia, Florida, Alabama, Indiana, Texas, withOhio, New Jersey and Pennsylvania being added after pending transactions) and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage, and insuranceproducts and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others.
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