BB&T releases results of its annual stress test
Jun 21, 2018
WINSTON-SALEM, N.C., June 21, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today released the results of its annual company-run stress test conducted in accordance with regulations of the board of governors of the Federal Reserve System and the FDIC under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are available in the Additional Disclosures section of the Investor Relations site on BBT.com/about. This disclosure precedes BB&T's planned release of its Comprehensive Capital Analysis and Review results, which are expected to be available June 28.
BB&T is one of the largest financial services holding companies in the U.S. with $220.7 billion in assets and market capitalization of approximately $40.6 billion, as of March 31, 2018. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, N.C., the company operates more than 2,000 financial centers in 15 states and Washington, D.C. A Fortune 500 company, BB&T is recognized consistently for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.
SOURCE BB&T Corporation
For further information: Alan Greer, Executive Vice President, BB&T Investor Relations, (336) 733-3021, AGreer@BBandT.com; Richard Baytosh, Senior Vice President, BB&T Investor Relations, (336) 733-0732, RBaytosh@BBandT.com; Brian Davis, Senior Vice President, BB&T Corporate Communications, CorporateCommunicationsNotification@BBandT.com