BB&T Corp. / BBT

About BB&T Corp.

200 West Second St., Winston-Salem, N.C. 27101
www.bbt.com | 336-733-2000 | Founded: 1872

Industry: Financial Services | Category: Banks

Though widely regarded as one of the strongest banks, potential losses from commercial real estate loans prompted Standard & Poor's to downgrade its debt outlook to "negative" in March. The regional banking company said it expects continued increases in nonperforming home loans, particularly in Georgia, Florida and the Washington area. It received $3.1 billion in federal bailout funds in 2008, and in February increased its dividend 2.2 percent, to 47 cents per share.

2008 Financial Data

Net Income: $1,519,000,000
Asssets: $152,015,000,000 | Earnings Per Share: $2.71
Stockholder Equity: $16,037,000,000 | Annual Dividend: $1.86
Total employees: 28,637 | Local employees: 2,389