Company Profile For BB&T Corporation

BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its commercial banking subsidiary, Branch Banking and Trust Company (Branch Bank). Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and individuals. As of December 31, 2008, Branch Bank provided services through 1,511 offices located in North Carolina, South Carolina, Virginia, Maryland, Georgia, Kentucky, Florida, West Virginia, Tennessee, Washington D.C., Alabama and Indiana. In August 2009, BB&T acquired the banking operations of Colonial Bank of Montgomery.

BRIEF: For the nine months ended 30 September 2009, BB&T Corporation's interest income decreased 8% to $5.06B. Net interest income after Loan Loss Provision decreased 36% to $1.44B. Net income available to common shareholders decreased 55% to $544M. Net interest income reflects a decrease in income from business network segment and increased provision for loan losses. Net income also reflects an increase in personnel expenses.