BBT - BB&T Corporation

NYSE - NYSE Delayed Price. Currency in USD

BB&T Corporation

200 West Second Street
Winston-Salem, NC 27101
United States
336-733-2000
http://www.bbt.com

Sector : Financial Services
Industry : Banks - Regional - US
Full Time Employees : 35,852

Key Executives

Name Title Pay Exercised Year Born
Mr. Kelly Stuart King Chairman & CEO 6.16M 4.4M 1948
Mr. Christopher Lee Henson Pres & COO 2.86M 4.41M 1961
Mr. Daryl N. Bible Sr. EVP & CFO 2.22M 921.89k 1961
Ms. Barbara F. Duck Sr. EVP & Chief Information Officer 1.73M 1.79M 1967
Mr. Clarke R. Starnes III Sr. EVP & Chief Risk Officer 2.22M 1.67M 1959
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

BB&T Corporation operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company operates through four segments: CB-Retail, CB-Commercial, IH&PF, and FS&CF. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides various funding services; and asset management, automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, commercial general liability, surety, title and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, commercial middle market lending, floor plan lending, commercial mortgage lending, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. Additionally, BB&T Corporation offers 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. As of October 16, 2018, it operated through approximately 1,900 financial centers. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Corporate Governance

BB&T Corporation’s ISS Governance QualityScore as of March 1, 2019 is 5. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS) . Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.