BB&T Corporation · Winston-Salem, NC United States ·(NYSE: BBT)
Company Description
Phone: 336-733-2000
Fax: 336-733-2470
Rankings
- #404 in FT Global 500
- #260 in FORTUNE 500
- S&P 500
View BB&T Corporation Locations On A US Map
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This link will open in a new window Big, Bold & Temerarious? That might be an apt description of BB&T, the banking company that covers the Southeast like kudzu. The company serves consumers, small to midsized businesses, and government entities through more than 1,800 branches. Its flagship subsidiary, Branch Banking and Trust (also known as BB&T), is one of North Carolina's oldest banks and a leading originator of residential mortgages in the Southeast. In addition to deposit accounts and loans, the company offers insurance, mutual funds, discount brokerage, wealth management, and financial planning services. Business services include leasing, factoring, and investment banking (through
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Key BB&T Corporation Financials
| Company Type | Public - NYSE: BBT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $7,435.0 |
| 2008 Employees | 29,600 |
BB&T Corporation Executives
117 executives listed for BB&T Corporation's Winston-Salem, NC location.
| Title | Name & Bio | Contact |
| Chairman | John Allison | Network |
| President, CEO, and Director | Kelly King | Network |
| SEVP and COO | Christopher Henson | Network |
Competition
Competitive Landscape for BB&T Corporation
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top BB&T Corporation Competitors
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