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2015 Archives

Dec 23, 2015
Will expand BB&T's footprint in Pennsylvania

BB&T Corporation (NYSE: BBT) today announced it has received regulatory approval from the Federal Reserve, the FDIC and all required state banking regulators to acquire National Penn Bancshares,...

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Dec 16, 2015

BB&T Corporation (NYSE: BBT) today announced it is increasing its prime lending rate to 3.50 percent from 3.25 percent, effective immediately. About BB&T BB&T is one of the largest financial...

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Dec 1, 2015

BB&T Corporation (NYSE: BBT) today announced Chief Executive Officer Kelly S. King will present at the Goldman Sachs U.S. Financial Services Conference in New York on Tuesday, Dec. 8, at 10:50...

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Nov 30, 2015
Recognized with 42 Best-In-Class Awards

BB&T Retirement and Institutional Services received top rankings and 42 Best-in-Class awards in the national 2015 Defined Contribution (DC) Survey conducted by PLANSPONSOR magazine. This is the...

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Nov 10, 2015

BB&T Corporation (NYSE: BBT) today announced President of Community Banking Ricky Brown will present at the Bank of America Merrill Lynch 2015 Banking and Financial Services Conference in New York...

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Nov 9, 2015
Conversion gives Susquehanna clients access to new and expanded products

BB&T Corporation (NYSE: BBT) today announced the successful completion of its Susquehanna conversion including core systems, products, and most signage changes. After a weekend of conversion...

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Nov 5, 2015

BB&T Corporation (NYSE: BBT) will report its fourth-quarter 2015 earnings on Jan. 21, 2016, prior to market opening. Chairman and Chief Executive Officer Kelly S. King and Chief Financial Officer...

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Nov 4, 2015

BB&T Corporation (NYSE: BBT) today named two new members to its executive management team. The announcement, which is effective Jan. 1, 2016, is part of a long-term plan to expand its top...

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Oct 29, 2015

BB&T Corporation (NYSE: BBT) today announced Chief Financial Officer Daryl N. Bible will present at the BancAnalysts Association of Boston Conference, Thursday, Nov. 5, at 7:25 a.m., ET. A webcast...

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Oct 19, 2015

The board of directors of BB&T Corporation (NYSE: BBT) today declared the following regular quarterly dividends payable Dec. 1, 2015, to shareholders of record at the close of business Nov. 13,...

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Oct 15, 2015

BB&T Corporation (NYSE: BBT) today reported quarterly earnings for the third quarter of 2015. Net income available to common shareholders was $492 million, compared to $512 million earned in the...

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Oct 2, 2015

CRC Insurance Services Inc., (CRC) a wholesale insurance subsidiary of BB&T Corporation's principal subsidiary Branch Banking and Trust Company, announced today an agreement to acquire Connecticut...

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Oct 1, 2015

BB&T IHC International Ltd., a subsidiary of BB&T Corporation (NYSE: BBT), announced today it has reached an agreement to enter into a partnership with Willis Group Holdings (NYSE: WSH), the...

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Sep 23, 2015
BB&T Insurance Holdings leader Howard named as successor

BB&T Corporation (NYSE: BBT), today announced that H. Wade Reece, chairman and CEO of BB&T Insurance Holdings Inc., will retire effective Dec. 31, 2015. Reece completes an illustrious 37-year...

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Sep 11, 2015

BB&T Corporation (NYSE: BBT) today announced Chairman and Chief Executive Officer Kelly S. King will speak at the Barclays Global Financial Services Conference in New York, on Sept. 16, 2015, at...

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Aug 26, 2015

BB&T Corporation (NYSE: BBT) will report its third-quarter 2015 earnings on Oct. 15, 2015, prior to market opening. Chairman and Chief Executive Officer Kelly S. King and Chief Financial Officer...

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Aug 17, 2015
Strategically compelling, financially attractive transaction

BB&T Corporation (NYSE: BBT) and National Penn Bancshares, Inc. (NASDAQ: NPBC) announced today the signing of a definitive agreement under which BB&T will acquire National Penn in a cash and stock...

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Aug 13, 2015
New team adds dedicated equity research, sales and trading capabilities

BB&T Capital Markets today announced expanded capabilities to better serve the broader needs of the REITs and commercial real estate sectors. Beyond a well-established national corporate banking...

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Aug 6, 2015

During the first six months of 2015 Grandbridge Real Estate Capital originated and closed 338 loans secured by multifamily and commercial real estate properties throughout the country. Same time...

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Aug 3, 2015
Systems conversion expected during the fourth quarter 2015

BB&T Corporation (NYSE: BBT) today announced it has completed its acquisition of Susquehanna Bancshares, Inc. (NASDAQ: SUSQ) effective Aug. 1, 2015. Susquehanna is now operating as a division of...

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Jul 21, 2015

The board of directors of BB&T Corporation (NYSE: BBT) today declared the following regular quarterly dividends payable Sept. 1, 2015, to shareholders of record at the close of business Aug. 14, 2015:

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Jul 16, 2015

BB&T Corporation (NYSE: BBT) today released the results of its company-run mid-cycle stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. The...

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Jul 16, 2015

BB&T Corporation (NYSE: BBT) today reported quarterly earnings for the second quarter of 2015. Net income available to common shareholders was $454 million, compared to $424 million earned in the...

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Jul 7, 2015
Will significantly expand BB&T's footprint in the Mid-Atlantic region

BB&T Corporation (NYSE: BBT) today announced it has received regulatory approval from the Federal Reserve, the FDIC and all required state regulators to acquire Susquehanna Bancshares, Inc....

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Jun 22, 2015

BB&T Corporation (NYSE: BBT) today announced it has completed its acquisition of The Bank of Kentucky Financial Corporation. Systems were converted during the weekend and branches in northern...

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