BB&T Corporation

Stock Symbol: BBT

BB&T Corporation Description:
BB&T and its subsidiaries offer full-service commercial and retail banking and additional financial services such as insurance, investments, retail brokerage, corporate finance, international banking, leasing and trust.

BB&T Corporation Financial Summary:
For the nine months ended 30 September 2005, BB&T Corporation's interest income increased 19% to $4.01B. Net interest income after LLP increased 7% to $2.48B. Net income increased 7% to $1.22B. Net interest income reflects higher average balances of loans and other interest-earning assets, partially offset by higher average balances of deposits. Net income reflects growth in the non-interest generating businesses, including insurance and mortgage banking.

BB&T Corporation Business Summary:
BB&T Corporation (BB&T) is a regional financial holding company that provides a variety of banking and financial services. BB&T's primary market area consists of North and South Carolina, Virginia, Maryland, Georgia, eastern Tennessee, West Virginia, Kentucky, Florida and Washington, D.C. BB&T also offers various lending products, insurance and other financial services products nationwide through other subsidiaries. BB&T's principal commercial bank subsidiaries are Branch Banking and Trust Company, Branch Banking and Trust Company of South Carolina, Branch Banking and Trust Company of Virginia and BB&T Bankcard Corporation. Scott & Stringfellow, Inc., another subsidiary of the Company, is an investment banking and full-service brokerage firm located in Richmond, Virginia. On February 1, 2004, BB&T Insurance Services acquired McGriff, Seibels & Williams, Inc., of Birmingham, Alabama. On April 14, 2004, BB&T acquired Republic Bancshares Inc., headquartered in St. Petersburg, Florida.