BB&T declares first-quarter preferred stock dividends

            BB&T declares first-quarter preferred stock dividends

PR Newswire

WINSTON-SALEM, N.C., Feb. 26, 2013

WINSTON-SALEM, N.C., Feb.26, 2013 /PRNewswire/ --The board of directors of
BB&T Corporation (NYSE: BBT) today declared the following quarterly preferred
stock dividends:

  oA regular quarterly dividend of $365.625 per share (equivalent to
    $0.365625 per depositary share or 1/1,000^th interest per share) on BB&T's
    Series D Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrD), payable
    May 1, 2013, to shareholders of record as of the close of business April
    30, 2013.
  oA regular quarterly dividend of $351.5625 per share (equivalent to
    $0.3515625 per depositary share or 1/1,000^th interest per share) on
    BB&T's Series E Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrE),
    payable May 1, 2013, to shareholders of record as of the close of business
    April 16, 2013.
  oA regular quarterly dividend of $325.000 per share (equivalent to
    $0.325000 per depositary share or 1/1,000^th interest per share) on BB&T's
    Series F Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrF), payable
    May 1, 2013, to shareholders of record as of the close of business April
    16, 2013.

As previously announced, the board of directors declared a quarterly dividend
of $0.23 per common share payable March 1, 2013, to shareholders of record at
the close of business on Feb. 8, 2013.

BB&T has approximately 700 million shares of common stock, 23 million
depositary shares related to its Series D Non-Cumulative Perpetual Preferred
Stock, 46 million depositary shares related to its Series E Non-Cumulative
Perpetual Preferred Stock and 18 million depositary shares related to its
Series F Non-Cumulative Perpetual Preferred Stock. BB&T has paid a cash
dividend to shareholders of its common stock every year since 1903.

About BB&T
BB&T Corporation (NYSE: BBT) is one of the largest financial services holding
companies in the U.S. with $183.9 billion in assets and market capitalization
of $20.4 billion, as of Dec. 31, 2012. Based in Winston-Salem, N.C., the
company operates 1,832 financial centers in 12 states and Washington, D.C.,
and offers a full range of consumer and commercial banking, securities
brokerage, asset management, mortgage and insurance products and services. A
Fortune 500 company, BB&T is consistently recognized for outstanding client
satisfaction by J.D. Power and Associates, the U.S. Small Business
Administration, Greenwich Associates and others. More information about BB&T
and its full line of products and services is available at www.BBT.com.

SOURCE BB&T Corporation

Website: http://www.BBT.com
Contact: ANALYSTS: Alan Greer, Executive Vice President, Investor Relations,
+1-336-733-3021, AGreer@BBandT.com, MEDIA: Cynthia Williams, Senior Executive
Vice President, Corporate Communications, +1-336-733-1478,
Cynthia.Williams@BBandT.com
 
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