Open
| Close
| High
| Low
| Previous Close
| Daily Price Gain
|
YTD High
| YTD High Date
| YTD Low
| YTD Low Date
| YTD Price Change
| YTD Gain
|
52 Week High
| 52 Week High Date
| 52 Week Low
| 52 Week Low Date
| 52 Week Price Change
| 52 Week Gain
|
Stock Symbol
| Exchange
| Company URL
| Company Phone
|
CEO
| Headquarters
| Business Address
| |
Sector
| Industry Category
| Industry Group
| CIK
|
About
BB&T Corp. operates as a holding company for Branch Banking & Trust Co. It conducts its business operations primarily through its commercial bank subsidiary, Branch Bank, and other non-bank subsidiaries. The company operates through the following segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services and Financial Services. The Community Banking segment serves individual and business clients by offering a variety of loan and deposit products and other financial services. It is also responsible for serving client relationships. The Residential Mortgage Banking segment retains and services mortgage loans originated by the banking network as well as those purchased from various correspondent originators. Its Mortgage loan products include fixed and adjustable rate government and conventional loans for the purpose of constructing, purchasing or refinancing residential properties. The Dealer Financial Services segment originates loans to consumers for the purchase of automobiles, boats and recreational vehicles. The Specialized Lending segment include commercial finance, which manages asset-based working capital financing, supply chain financing, export-import finance, accounts receivable management, credit enhancement and mortgage warehouse lending; and governmental finance, which provides tax-exempt financing to meet the capital project needs of local governments. The Insurance Services segment provides property andcasualty, employee benefits and life insurance to businesses and individuals, surety coverage and title insurance to small businesses. The Financial Services segment provides personal trust administration, estate planning, investment counseling, wealth management, asset management, employee benefits services, corporate banking and corporate trust services to individuals, corporations, institutions, foundations and government entities. It also offers clients investment alternatives, including discount brokerage services, equities, fixed-rate and variable-rate annuities, mutual funds and governmental and municipal bonds. The company was founded by Alpheus Branch in 1872 and is headquartered in Winston-Salem, NC. | |||
Description
BB&T Corporation operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company's deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. BB&T Corporation also provides various funding services; asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of December 31, 2016, it operated 2,196 offices. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina. |