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The Branch Banking and Trust Company: An Overview

The Branch Banking and Trust Company (which is better known to most as BB&T) is a financial institution which is built on a tradition of excellence in community banking that stretches as far back as to the year 1872, and Branch Banking and Trust continues to offer clients a full and complete range of financial services, including, for instance, banking, lending, insurance, trust, and wealth management solutions.

Branch Banking and Trust Company Information

They are a full-service financial institution which was built on the strong and solid foundations of their philosophy, history, and their tradition of service, and they are in fact currently the nation’s ninth largest financial holding company, as they have more than 28,000 employees and as well more than 1,400 locations across the United States.

Branch Banking and Trust is headquartered in Winston-Salem, N.C., and they are an incredibly fast growing and highly profitable financial holding company with approximately $121.7 billion in assets. As well, their bank subsidiaries operate more than 1,450 financial centers in the Carolinas, Virginia, West Virginia, Kentucky, Georgia, Maryland, Tennessee, Florida, Alabama, Indiana and Washington, D.C.

They are ranked as the 11th largest financial holding company in the United States, they have more than 540 million shares outstanding, they manage more than $20 billion in trust assets, they are ranked among the 2003 world’s top 50 financial institutions for market capitalization by Retail Banker International, and over the last five years Branch Banking and Trust’s total compound annual return to shareholders is 7.8 percent with 9.4 percent for the S&P 500.

Comparison to Other Financial Institutions

From the previously given information it is quite easy to see just how outstandingly BB&T comes out over top of other financial institutions, and so regardless of what type of financial matters you are looking to take care of, you are definitely going to at least want to check them out further before going anywhere else, because you are sure to end up being pleased with the results that you will get from this particular financial institution.

They offer all of the options that you could ever possibly want, and what’s more is that they deliver 24/7 superior customer service, so that you never have to wait to get question answered, ever, and this is incredibly important because one of the largest complaints among banking institutions is the fact that there is no available customer service at times, whereas here you always have that option available to you.