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2018 Archives

Dec 19, 2018

BB&T Corporation (NYSE: BBT) today announced it is increasing its prime lending rate to 5.50 percent from 5.25 percent effective immediately. About BB&T BB&T is one of the largest financial...

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Dec 18, 2018
Forbis retires after building out energy lending capabilities

BB&T (NYSE: BBT) has named banking veteran and executive vice president Mark Grover to lead its Corporate Banking Energy team following the retirement of Jeff Forbis, who started and led the group...

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Dec 11, 2018
Funding opens doors for 100 North Carolina educators in program's first year

As part of its commitment to advancing education and leadership, BB&T Corporation (NYSE: BBT) has made a $500,000 grant to the Ron Clark Academy to host an annual "BB&T Ron Clark Academy Teacher...

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Nov 26, 2018

BB&T Corporation (NYSE: BBT) will report its fourth-quarter 2018 earnings on Jan. 17, 2019. Chairman and Chief Executive Officer Kelly S. King and Chief Financial Officer Daryl N. Bible will host...

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Nov 13, 2018
Bank builds on strong dealer network in indirect RV and marine lending

BB&T Corporation (NYSE: BBT) today announced a new strategy for nationwide expansion of its recreational lending for RV and marine vehicles, widening its specialized lending services beyond BB&T's...

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Nov 8, 2018

BB&T Corporation (NYSE: BBT) today announced Senior Executive Vice President Dontá Wilson has been named chief digital and client experience officer, and Senior Executive Vice President Bennett...

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Nov 1, 2018

BB&T Corporation (NYSE: BBT) today named Senior Executive Vice President Donna Goodrich as treasurer. A member of BB&T's Executive Management Team since 2007, Goodrich will have oversight for the...

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Oct 22, 2018

The Board of Directors of BB&T Corporation (NYSE: BBT) today elected Patrick C. Graney III and Easter A. Maynard as directors, with service commencing immediately. "We welcome Pat and Easter and...

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Oct 22, 2018

The board of directors of BB&T Corporation (NYSE: BBT) today declared the following regular quarterly dividends payable Dec. 3, 2018, to shareholders of record at the close of business Nov. 9,...

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Oct 18, 2018

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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Oct 18, 2018

BB&T Corporation (NYSE: BBT) today announced it will host an Investor Day for investors and analysts on Wednesday, Nov. 14, in Greensboro, North Carolina. Presentations about BB&T's financial...

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Oct 18, 2018

BB&T Corporation (NYSE: BBT) today reported record earnings for the third quarter of 2018. Net income available to common shareholders was $789 million. Earnings per diluted common share were...

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Oct 16, 2018
BB&T Charitable Fund provides $1 million in grants to four local community colleges

BB&T Corporation (NYSE: BBT) today announced it will build an approximately 100,000-square-foot office facility at 301 S. James K. Powell Blvd. in downtown Whiteville, North Carolina. The new...

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Oct 15, 2018

The BB&T Charitable Fund today announced grants totaling $250,000 to help support disaster relief efforts in the aftermath of Hurricane Michael. The American Red Cross and Samaritan's Purse will...

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Sep 26, 2018

BB&T Corporation (NYSE: BBT) today announced it is increasing its prime lending rate to 5.25 percent from 5.00 percent effective immediately. About BB&T BB&T is one of the largest financial...

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Sep 25, 2018

BB&T announced today it has named Rhonda Roberts as Charlottesville, Va., market president. Roberts is located at 1425 Seminole Trail. "We are extremely fortunate to have Rhonda move into this...

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Sep 24, 2018

BB&T Chief Information Officer (CIO) Barbara F. Duck has been named to American Banker's 25 "Women to Watch" list for 2018. Duck and other honorees will be celebrated on October 4, 2018 at a gala...

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Sep 18, 2018

The BB&T Charitable Fund today announced grants totaling $1.5 million to help support disaster relief efforts in the aftermath of Hurricane Florence. The American Red Cross and Samaritan's Purse...

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Sep 18, 2018
Represents BB&T's first outlay of its $50 million fintech commitment

BB&T Corporation (NYSE: BBT) today announced a $5 million investment in Enigma, a Data-as-a-Service company headquartered in New York City. Enigma is already providing enhancements to BB&T's...

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Sep 14, 2018

BB&T Corporation (NYSE: BBT) today announced measures it's taking to help clients in areas affected by Hurricane Florence. "As our clients begin to recover from this deadly storm, we're standing...

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Sep 12, 2018

BB&T Corporation (NYSE: BBT) today announced that due to the potential threat of Hurricane Florence, Chairman and Chief Executive Officer Kelly S. King will not be attending the Barclays Global...

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Aug 30, 2018

BB&T Corporation (NYSE: BBT) today announced Chairman and Chief Executive Officer Kelly S. King will present at the Barclays Global Financial Services Conference in New York on Thursday, Sept. 13,...

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Aug 29, 2018
Announces plans for new 95,000-square-foot downtown Wilson facility

BB&T Corporation (NYSE: BBT) today announced it will build an approximately 95,000-square-foot office facility on Pine Street in downtown Wilson, N.C. The new $35 million building will accommodate...

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Aug 28, 2018

Sheffield Financial, a division of Branch Banking and Trust Company, and Honda Marine, a division of American Honda Co. Inc. (Honda Marine), have agreed to a multi-year financing services...

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Aug 21, 2018
Randall, Lovell, Husak and Boone assume new senior leadership roles

Grandbridge Real Estate Capital today announced Matthew G. Rocco has been named president and will continue to serve as national production manager, overseeing the company's national loan...

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