BB&T Corporation is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary, Branch Banking and Trust Company (Branch Bank), and other nonbank subsidiaries. Its segments include Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Holdings and Financial Services. Branch Bank provides a range of banking and trust services for retail and commercial clients. Its retail services include asset management, automobile lending, bankcard lending, consumer finance, home equity lending, home mortgage lending, insurance, investment brokerage services, payment solutions and sales finance, among others. Its commercial services include asset management, association services, capital market services, commercial deposit services, commercial finance, corporate banking, floor plan lending, insurance, merchant services, real estate lending and payment solutions, among others.
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Type
Public
HQ
Winston-Salem, US
Founded
1872
Size (employees)
37,500 (est)
Website
bbt.com
BB&T Corporation was founded in 1872 and is headquartered in Winston-Salem, US
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Key People/Management at BB&T Corporation

Donna Goodrich

Donna Goodrich

Senior Executive Vice President and Deposit Services Manager, BB&T Corporation
Dontá Wilson

Dontá Wilson

Senior Executive Vice President and Chief Client Experience Officer, BB&T Corporation
Jim Godwin

Jim Godwin

Senior Executive Vice President and Deputy Chief Risk Officer, BB&T Corporation
David Weaver

David Weaver

Senior Executive Vice President President, Community Banking
Robert Johnson

Robert Johnson

Senior Executive Vice President, General Counsel, Secretary and Chief Corporate Governance Officer BB&T Corporation
W. Yates

W. Yates

Senior Executive Vice President and President & CEO of BB&T Securities, LLC
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BB&T Corporation Office Locations

BB&T Corporation has an office in Winston-Salem
Winston-Salem, US (HQ)
200 Second St NW
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BB&T Corporation Financials and Metrics

BB&T Corporation Financials

BB&T Corporation's revenue was reported to be $11.54 b in FY, 2016 which is a 11.5% increase from the previous period.
USD

Net income (FY, 2017)

2.4 b

EBIT (FY, 2017)

6.5 b

Market capitalization (20-Apr-2018)

42.7 b

Cash (31-Dec-2017)

2.2 b

EV

69.1 b
BB&T Corporation's current market capitalization is $42.7 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

10.4 b9.9 b10.3 b11.5 b

Revenue growth, %

(5%)4%12%

Cost of goods sold

891 m768 m735 m745 m839 m

Gross profit

9.6 b9.2 b9.6 b10.8 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

2.5 b2.6 b2.7 b2.9 b3 b2.9 b3 b3 b

Cost of goods sold

177 m186 m192 m188 m185 m166 m189 m230 m

Gross profit

2.3 b2.5 b2.5 b2.7 b2.8 b2.8 b2.9 b2.8 b

Gross profit Margin, %

93%93%93%94%94%94%94%92%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.6 b1.6 b2.1 b1.9 b2.2 b

Accounts Receivable

1.9 b343 m

PP&E

2.1 b2.1 b

Goodwill

6.8 b6.9 b8.5 b9.6 b9.6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

1.8 b1.7 b1.7 b1.4 b1.5 b1.6 b1.5 b1.8 b2 b1.9 b1.7 b2.2 b2.2 b

Accounts Receivable

498 m354 m589 m437 m325 m824 m1.1 b786 m510 m930 m2.1 b671 m428 m

PP&E

1.9 b1.9 b1.9 b1.8 b1.9 b1.9 b2 b2 b2.1 b2.1 b2.1 b2.1 b2 b

Goodwill

6.8 b6.8 b6.9 b6.9 b7 b7.1 b8.5 b8.6 b9.6 b9.6 b9.6 b9.6 b9.6 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.7 b2.2 b2.1 b2.4 b2.4 b

Depreciation and Amortization

150 m408 m

Accounts Payable

(812 m)(4 m)263 m186 m

Cash From Operating Activities

5.3 b3.3 b2.9 b2.7 b4.6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

1.1 b578 m1.1 b1.6 b547 m1 b1.6 b570 m1.2 b1.8 b426 m1.1 b1.7 b

Depreciation and Amortization

313 m104 m207 m316 m107 m217 m338 m127 m269 m410 m137 m274 m413 m

Accounts Payable

(1.1 b)(160 m)(563 m)(939 m)(44 m)180 m(42 m)249 m282 m(118 m)(233 m)179 m

Cash From Operating Activities

1.8 b632 m877 m1.5 b(583 m)46 m1.9 b(130 m)861 m300 m158 m1.5 b3 b
USDY, 2017

EV/EBIT

10.6 x

EV/CFO

14.9 x

Financial Leverage

7.5 x
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BB&T Corporation Operating Metrics

BB&T Corporation's Total Loans was reported to be $143.6b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

1.84 k2.14 k2.20 k

Non-accrual Loans

$616 m$599 m$572 m$585 m$576 m$786 m$793 m$757 m$736 m$723 m$612 m

Total Loans

$143.10 b$119.91 b$122.30 b$135.52 b$143.69 b$135.10 b$140.72 b$140.91 b$144.57 b$142.61 b$143.65 b
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BB&T Corporation News and Updates

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