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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 312
Company Information
Name: BB&T Corporation
Industry: Regional Banks
Description: BB&T and its subsidiaries offer full-service commercial and retail banking and additional financial services such as insurance, investments, retail brokerage, corporate finance, international banking, leasing and trust.
Financial Summary: For the nine months ended 30 September 2005, BB&T Corporation's interest income increased 19% to $4.01B. Net interest income after LLP increased 7% to $2.48B. Net income increased 7% to $1.22B. Net interest income reflects higher average balances of loans and other interest-earning assets, partially offset by higher average balances of deposits. Net income reflects growth in the non-interest generating businesses, including insurance and mortgage banking.
Business Summary: BB&T Corporation (BB&T) is a regional financial holding company that provides a variety of banking and financial services. BB&T's primary market area consists of North and South Carolina, Virginia, Maryland, Georgia, eastern Tennessee, West Virginia, Kentucky, Florida and Washington, D.C. BB&T also offers various lending products, insurance and other financial services products nationwide through other subsidiaries. BB&T's principal commercial bank subsidiaries are Branch Banking and Trust Company, Branch Banking and Trust Company of South Carolina, Branch Banking and Trust Company of Virginia and BB&T Bankcard Corporation. Scott & Stringfellow, Inc., another subsidiary of the Company, is an investment banking and full-service brokerage firm located in Richmond, Virginia. On February 1, 2004, BB&T Insurance Services acquired McGriff, Seibels & Williams, Inc., of Birmingham, Alabama. On April 14, 2004, BB&T acquired Republic Bancshares Inc., headquartered in St. Petersburg, Florida.
Misc Details
Symbol: BBT
City: Winston-Salem
State: NC
ZIP Code: 27101
Address: 200 West Second Street
Phone: 336-733-2000
Fax: 336-721-3499
Website: http://www.bbandt.com
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