BB&T is one of the largest financial services holding companies in the U.S. with $221.9 billion in assets and market capitalization of $29.0 billion. Based in Winston-Salem, N.C., the company operates 2,249 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others.
BB&T's operating strategy distinguishes it from other financial holding companies. BB&T's banking subsidiaries are organized as a group of community banks, each with a regional president, which allows decisions to be made locally, close to the client. This also makes BB&T's client service more responsive, reliable and empathetic. Since 1989, BB&T has completed the acquisition of more than 64 community banks and thrifts, more than 95 insurance agencies, and 37 non-bank financial services companies. This acquisition strategy has contributed significantly to BB&T's success. BB&T supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace.
Closing share price
|FY, 2013||FY, 2014||FY, 2015||FY, 2016|
|$6.5 b||$6.1 b||$6.3 b||$7.1 b|
Revenue growth, %
|$1.7 b||$2.2 b||$2.1 b||$2.4 b|