BB&T Corporation operates as the bank holding company for Branch Bank that provides a range of banking and trust services for retail and commercial clients. The company serves small and mid-size businesses, public agencies, local governments and individuals through 2,139 offices (as of December 31, 2015). The bank’s principal operating subsidiaries comprise: BB&T Equipment Finance Corporation (Charlotte, North Carolina) provides loan and lease financing to commercial and small businesses; BB&T Insurance Services, Inc. (Raleigh, North Carolina) offers property and casualty, life, health, employee benefits, commercial general liability, surety, title and other insurance products through its agency network; BB&T Investment Services, Inc. (Charlotte, North Carolina) is a registered broker-dealer and offers clients non-deposit investment products, including discount brokerage services, equities, fixed-rate, variable-rate and index annuities, mutual funds, government and municipal bonds, and money market funds; CRC Insurance Services, Inc. (Birmingham, Alabama) is a wholesale insurance broker authorized to do business nationwide; Crump Life Insurance Services, Inc. (Roseland, New Jersey) is a wholesale insurance broker authorized to do business nationwide; Grandbridge (Charlotte, North Carolina) engages in arranging and servicing commercial mortgage loans; McGriff, Seibels & Williams, Inc. (Birmingham, Alabama) is authorized to do business nationwide and engages in providing insurance products on an agency basis to large commercial clients, including many Fortune 500 companies; Prime Rate Premium Finance Corporation, Inc. (Florence, South Carolina) and its subsidiaries, which include AFCO Credit Corporation, provide insurance premium financing to clients in the United States and Canada; and Susquehanna Commercial Finance, Inc. (Malvern, Pennsylvania) provides loans and lease financing to commercial and small businesses. The company also has various nonbank subsidiaries, such as: BB&T Securities, LLC (Richmond, Virginia) is a registered investment banking and full-service brokerage firm that provides services in retail brokerage, equity and debt underwriting, investment advice, corporate finance and equity research; and facilitates the origination, trading and distribution of fixed-income securities and equity products in both the public and private capital markets. BB&T Securities, LLC also provides correspondent clearing services to broker-dealers and entities involved in the securities industry; Regional Acceptance Corporation (Greenville, North Carolina) engages in nonprime, indirect financing for consumer purchases of primarily mid-model and late-model used automobiles; and Sterling Capital Management, LLC (Charlotte, North Carolina) is a registered investment advisor, which provides tailored investment management solutions to meet the specific needs and objectives of individual and institutional clients through a range of investment strategies. Services The company’s subsidiaries offer various services targeted to retail and commercial clients. The company’s insurance operations primarily consist of a wholesale/agency network. Retail Services: Includes asset management, automobile lending, bankcard lending, consumer finance, home equity lending, home mortgage lending, insurance, investment brokerage services, mobile/online banking, payment solutions, retail deposit services, sales finance, small business lending, and wealth management/private banking. Commercial Services: Includes asset management, association services, capital markets services, commercial deposit services, commercial finance, commercial middle market lending, commercial mortgage lending, corporate banking, institutional trust services, insurance, insurance premium finance, international banking services, leasing, merchant services, mortgage warehouse lending, payment solutions, private equity investments, real estate lending, and supply chain management. Loans Commercial Loan and Lease Portfolio: The commercial loan and lease portfolio represents the major category of the company’s total loan por
bb&t corp (BBK:Berlin)
200 West Second Street
Winston-Salem, NC 27101
|Canadian Imperial Bank of Commerce/Canada||C$101.34 CAD||-0.42|
|Nordea Bank AB||kr77.95 SEK||-2.00|
|Standard Chartered PLC||552.10 GBp||-18.50|
|State Street Corp||$62.30 USD||-0.51|
|SunTrust Banks Inc||$41.74 USD||-0.33|
|View Industry Companies|
Sponsored Financial Commentaries
Only a company representative may request an update for the company profile. Documentation will be required.
To contact BB&T CORP, please visit www.bbt.com. Company data is provided by Capital IQ. Please use this form to report any data issues.