Fourth Quarter, 2011
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BB&T Corporation declares dividend (12/14/2011)
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The board of directors of BB&T Corporation today declared the 2012 first quarter dividend of $0.16 per common share.
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BB&T Corporation CEO to speak Dec. 6 at Goldman Sachs U.S. Financial Services Conference 2011 (11/30/2011)
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BB&T Corporation today announced that Chairman and Chief Executive Officer Kelly King will present at the Goldman Sachs U.S. Financial Services Conference 2011 in New York City on Tuesday, Dec. 6 at 10:00 a.m. ET.
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BB&T Corporation President of Community Banking to speak at Bank of America Merrill Lynch Banking and Financial Services Conference (11/10/2011)
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BB&T Corporation today announced that President of Community Banking Ricky Brown will present at the Bank of America Merrill Lynch Banking and Financial Services Conference Nov. 15 at 3:55 p.m. ET in New York City.
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BB&T to acquire California insurance agency, Precept (11/3/2011)
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BB&T to acquire California insurance agency, Precept. Transaction addresses need for highly consultive services in changing healthcare enviroment.
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BB&T to acquire BankAtlantic (11/1/2011)
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BB&T to acquire BankAtlantic - Significantly accelerates BB&T's expansion in Southeast Florida
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BB&T Corporation chief risk officer to speak at BancAnalysts Association of Boston Conference (10/28/2011)
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BB&T Corporation today announced that Chief Risk Officer Clarke Starnes will present at the BancAnalysts Association of Boston Conference Nov. 3 at 8:55 a.m. (ET).
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BB&T elects Welch as director (10/25/2011)
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The directors of BB&T Corporation on Tuesday elected Edwin H. Welch, president of the University of Charleston, to the corporate board.
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BB&T posts EPS of $0.52, up 73%; Net income increases 69% (10/20/2011)
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Today BB&T reported third quarter net income of $371 million, an increase of 69% compared to $219 million reported in the third quarter last year.
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Third Quarter, 2011
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BB&T Corp. to speak at Barclays Conference (9/6/2011)
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BB&T today said that Chairman and Chief Executive Officer Kelly King will present at the Barclays Conference on Sept. 13.
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BB&T Corporation declares dividend (8/23/2011)
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The board of directors of BB&T today declared the 2011 fourth-quarter dividend of $0.16 per common share.
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BB&T reports 46% increase in net income (7/21/2011)
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BB&T today reported strong earnings for the second quarter of 2011. Net income totaled $327 million, an increase of 46% compared to $224 million reported in the second quarter last year. EPS totals $0.44, up 47%.
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Second Quarter, 2011
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BB&T reports 21% increase in net income (4/21/2011)
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BB&T today reported earnings for the first quarter of 2011. Net income totaled $234 million, an increase of 20.6% compared to $194 million reported in the first quarter last year. EPS totals $.32, up 19%.
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First Quarter, 2011
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BB&T among the first large banks to increase dividend (3/18/2011)
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The board of directors of BB&T today declared a 1-cent increase in the 2011 second-quarter dividend, as well as a special 1-cent dividend.
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BB&T reports record revenues for 2010 (1/21/2011)
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BB&T today reported earnings for the fourth quarter of 2010. Net income available to common shareholders totaled $208 million, or $.30 per diluted common share.
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Fourth Quarter, 2010
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BB&T CEO to speak at BancAnalysts Conference (10/29/2010)
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BB&T today announced that Chairman and CEO Kelly King will present at the BancAnalysts Association of Boston Conference Nov. 5 at 10 a.m. (EDT).
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BB&T reports 3rd quarter EPS totaling $.30, up 30% (10/21/2010)
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BB&T today reported earnings for the 3rd quarter of 2010. Net income available to common shareholders totaled $210 million, or $.30 per diluted common share.
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Third Quarter, 2010
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BB&T Corporation declares dividend (8/24/2010)
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The board of directors today declared the 2010 fourth quarter dividend of $0.15 per share.
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BB&T reports 2nd quarter EPS totaling $.30, up 50% (7/22/2010)
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BB&T today reported earnings for the 2Q10. Net income available to common shareholders totaled $210 million, or $.30 per diluted common share, compared with $121 million, or $.20 per diluted common share, earned during 2Q09.
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Second Quarter, 2010
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BB&T reports first quarter net income of $194 million (4/22/2010)
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BB&T today reported earnings for the first quarter of 2010. Net income totaled $194 million, or $.27 per diluted common share.
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First Quarter, 2010
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BB&T Corporation declares dividend (2/23/2010)
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The board of directors today declared the 2010 second quarter dividend of $0.15 per share.
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BB&T reports 2009 net income of $877 million (1/22/2010)
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BB&T today reported earnings for the fourth quarter and the full year 2009. For the fourth quarter, net income totaled $194 million, or $.27 per diluted common share.
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Fourth Quarter, 2009
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BB&T corporate board elects CEO King as chairman (12/16/2009)
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The directors of BB&T on Tuesday elected Chief Executive Officer Kelly S. King as the chairman of the board, effective Jan. 1, 2010.
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BB&T Corporation declares dividend (12/15/2009)
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The board of directors of BB&T today declared the 2010 first quarter dividend of $0.15 per share.
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BB&T Insurance Services to acquire southwest Florida agency (11/3/2009)
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BB&T Insurance Services today said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Company Inc. of Fort Myers.
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BB&T Corporation CEO to speak Nov. 5 at BancAnalysts Association of Boston conference (10/30/2009)
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BB&T today said that CEO Kelly King is scheduled to present at the BancAnalysts Association of Boston Inc. conference Thursday, Nov. 5 at 9:15 a.m. EST.
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Washington, D.C., information security executive named BB&T director (10/28/2009)
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The directors of BB&T elected K. David Boyer Jr., co-founder and chief executive officer of information services company GlobalWatch Technologies Inc., to the corporate board.
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BB&T reports 3rd quarter earnings per share of $.23 (10/19/2009)
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BB&T today reported $157 million in net income for the third quarter, or $.23 per diluted common share.
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Third Quarter, 2009
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Grandbridge acquires Texas and Kentucky mortgage banking firms (9/30/2009)
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Grandbridge acquires Texas and Kentucky mortgage banking firms, broadens Freddie Mac program Plus® Seller/Servicer capabilities. Originators Aanonsen and Bauer join Grandbridge.
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BB&T Corporation CEO to speak Sept. 16 (9/3/2009)
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BB&T Chief Executive Officer Kelly King will present at the Barclays Capital Global Financial Services Conference at the Hilton New York in New York City on Wednesday, Sept. 16.
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BB&T names new corporate controller (9/1/2009)
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BB&T Corporation today announced that Cindy Powell has been named corporate controller.
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BB&T Corporation names new director (8/26/2009)
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The directors of BB&T Corporation on Tuesday elected J. Littleton “Litt” Glover Jr., a metro Atlanta lawyer and commercial real estate developer, to the corporate board.
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BB&T Corporation declares dividend (8/25/2009)
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The board of directors of BB&T Corporation today declared the 2009 fourth quarter dividend of $0.15 per share.
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BB&T announces pricing of common stock offering (8/18/2009)
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BB&T announced today that it priced on Monday a public offering of 33.45 million shares of common stock at $26 per share.
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BB&T announces $750 million common stock offering (8/17/2009)
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BB&T announced today that it has commenced a public offering of $750 million of its common stock for sale to the public.
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BB&T acquires deposits and certain assets of Colonial Bank (8/14/2009)
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BB&T late this afternoon said it has acquired the banking operations of Colonial Bank of Montgomery, Ala. The FDIC and BB&T have entered into a loss sharing agreement covering substantially all acquired loans and securities.
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BB&T reports 2nd quarter 2009 net income of $208 million (7/17/2009)
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BB&T Corporation reported today net income for the second quarter of 2009 totaling $208 million and net income available to common shareholders totaling $121 million, or $.20 per diluted common share.
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Second Quarter, 2009
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Piedmont Natural Gas CEO named BB&T director (6/24/2009)
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The directors of BB&T elected Tom Skains, chairman and chief executive officer of Piedmont Natural Gas, to the corporate board.
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BB&T pays Treasury more than $3.1 billion to exit TARP (6/17/2009)
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BB&T today said it has exited the Troubled Asset Relief Program, or TARP, by buying back the preferred stock sold to the U.S. Treasury Department under the Capital Purchase Program last November.
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BB&T announces approval to repay TARP (6/9/2009)
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BB&T announced today that it has received final regulatory approval to repurchase all the preferred stock sold to the U.S. Department of the Treasury in November 2008.
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BB&T announces full over-allotment option exercised in common stock offering (5/13/2009)
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BB&T announced today that underwriters in BB&T’s public offering of 75 million shares of common stock have fully exercised their option to purchase an additional 11.25 million shares.
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BB&T announces pricing of common stock offering (5/12/2009)
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BB&T announced today that it has priced a public offering of 75 million shares of common stock at a price to the public of $20 per share for total gross proceeds of $1.5 billion.
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BB&T announces $1.5 billion common stock offering (5/11/2009)
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BB&T Corporation announced today that it has commenced a public offering of $1.5 billion of its common stock for sale to the public.
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BB&T announces plan to repay government investment (5/11/2009)
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BB&T Corporation today announced a plan to repay all of its preferred stock and warrants invested in the company through the U.S. Treasury's TARP Capital Purchase Plan.
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BB&T capital levels exceed stress test requirements (5/7/2009)
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BB&T said today that its capital levels are more than sufficient and exceed the government's minimum stress test requirements.
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BB&T reports 1st quarter 2009 net income of $318 million; Earnings per share total $0.48 (4/17/2009)
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BB&T Corporation (NYSE: BBT) reported today net income for the first quarter of 2009 totaling $318 million and net income available to common shareholders totaling $271 million, or $.48 per diluted common share.
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First Quarter, 2009
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BB&T Corporation declares increase in dividend (2/24/2009)
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The board of directors of BB&T Corporation today declared the 2009 second quarter dividend of $0.47 per share, a 2.2 percent increase over the $0.46 paid in the second quarter of 2009.
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BB&T reports 2008 net income of $1.5 billion; earnings per common share $2.71 (1/22/2009)
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BB&T today earnings for the fourth quarter and the full year 2008. For the fourth quarter, net income totaled $305 million and net income available to common shareholders totaled $284 million, or $.51 per diluted common share.
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BB&T CEO elected to Federal Reserve (1/14/2009)
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BB&T Corporation today said that Chief Executive Officer Kelly S. King has been elected to serve on the nine-member board of directors of the Federal Reserve Bank of Richmond.
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Fourth Quarter, 2008
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BB&T Corporation declares increase in dividend (12/16/2008)
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The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2009 first quarter dividend of $0.47 per share, a 2.2 percent increase over the $0.46 paid in the first quarter of 2008.
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BB&T Corporation COO to speak Friday (11/4/2008)
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BB&T Corporation today said that Chief Operating Officer Kelly King is scheduled to present at the BancAnalysts Association of Boston Inc. conference Friday at 10 a.m. EST.
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BB&T names new chief operating officer and chief financial officer as Allison nears retirement (10/30/2008)
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BB&T today said that CFO Chris Henson will be named chief operating officer and Assistant Chief Financial Officer Daryl Bible will succeed Henson as CFO, beginning Jan. 1, 2009. Bible will join the executive management team immediately.
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BB&T to participate in U.S. Treasury program (10/27/2008)
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BB&T Corporation said today that it has received preliminary approval to participate in the U.S. Treasury Department’s capital purchase program to revive the financial sector.
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BB&T reports net income of $358 million (10/16/2008)
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BB&T Corporation reported today net income for the third quarter of 2008 totaling $358 million, or $.65 per diluted share, compared with $444 million, or $.80 per diluted share, earned during the third quarter of 2007.
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Third Quarter, 2008
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BB&T Corporation COO to speak Sept. 9 at Lehman Brothers Global Financial Services Conference (9/2/2008)
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BB&T Corporation today said that Chief Operating Officer Kelly King will present at the Lehman Brothers Global Financial Services Conference in New York City on Tuesday, Sept. 9 at 10:30 a.m. EDT.
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BB&T subsidiary CRC Insurance Services to acquire Southern Risk Operations LLC (9/2/2008)
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CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corporation principal subsidiary Branch Banking and Trust Company, today completed a purchase of Southern Risk Operations LLC.
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BB&T’s John Allison to retire as CEO on Dec. 31 (8/27/2008)
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BB&T Corporation (NYSE: BBT) today said that longtime Chief Executive Officer John A. Allison will retire as CEO on Dec. 31, 2008. He will continue as chairman of the BB&T Corporation board of directors until Dec. 31, 2009.
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BB&T Corporation declares increase in dividend (8/26/2008)
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The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2008 fourth-quarter dividend of $0.47 per share, a 2.2 percent increase over the $0.46 paid in the fourth quarter of 2007.
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BB&T Insurance unit to acquire Myrtle Beach, S.C., agency (7/30/2008)
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BB&T Insurance Services, the nation's sixth largest insurance broker, today said it plans to expand its coastal South Carolina operation with the acquisition of the Grand Strand's largest insurance agency.
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BB&T pension plan buys BB&T common stock (7/23/2008)
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BB&T Corporation today announced that BB&T’s pension plan purchased approximately 2.45 million shares of BB&T common stock for approximately $52.9 million in a private placement transaction.
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BB&T reports net income of $428 Million (7/17/2008)
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BB&T Corporation reported today net income for the second quarter of 2008 totaling $428 million, or $.78 per diluted share.
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Second Quarter, 2008
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BB&T Corporation declares increase in dividend (6/24/2008)
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The board of directors of BB&T Corporation (NYSE: BBT) today declared an increase in the 2008 third quarter dividend to $0.47 per share, a 2.2 percent increase over the $0.46 paid in the third quarter of 2007.
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BB&T reaffirms first-quarter dividend comment (6/19/2008)
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BB&T Corporation (NYSE: BBT) today said it is reaffirming an earlier assertion from its first-quarter earnings report that the company’s capital levels remain strong and management anticipates “some increase in the cash dividend during 2008.”
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BB&T not materially affected by court decision (4/30/2008)
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BB&T Corporation said today it will not be materially affected by a decision issued Tuesday by the U.S. Court of Appeals for the Fourth Circuit.
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BB&T Insurance Services to acquire Union Bank of California insurance brokerage arm (4/23/2008)
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Raleigh, N.C.-based BB&T Insurance Services today said it has reached an agreement with Union Bank of California, N.A., to purchase its San Diego-based insurance subsidiary, UnionBanc Insurance Services Inc.
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BB&T reports increase in 1st quarter earnings (4/17/2008)
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BB&T Corp. reported today net income for the first quarter of 2008 totaling $428 million, or $.78 per diluted share.
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First Quarter, 2008
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BB&T’s chief credit officer to retire Sept. 1 (3/11/2008)
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BB&T Corporation today announced that Chief Credit Officer W. Kendall Chalk will retire Sept. 1, 2008.
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BB&T Insurance Services to acquire Orlando agency (2/28/2008)
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BB&T Insurance Services, the nation’s seventh largest insurance broker, today said it plans to expand its Florida operation with the acquisition of Burkey Risk Services of metro Orlando.
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BB&T Corporation declares dividend (2/26/2008)
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The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2008 second-quarter dividend of $0.46 per share, a 9.5 percent increase over the $0.42 paid in the second quarter of 2007.
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BB&T reports 2007 net income of $1.73 billion; up 13.5% (1/17/2008)
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BB&T Corp. reported today earnings for the 4th quarter and the full year 2007. For the 4th quarter, net income totaled $411 million, or $.75 per diluted share, reflecting increases of 63.7% and 63.0%, respectively, compared to 4th quarter 2006.
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Fourth Quarter, 2007
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BB&T names Bible as assistant chief financial officer (12/19/2007)
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BB&T Corporation (NYSE: BBT) today named Daryl Bible as assistant chief financial officer. He will assume his new role Jan. 2.
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BB&T Insurance Services to acquire Georgia agency (12/13/2007)
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BB&T Insurance Services, the nation’s seventh largest insurance broker, today said it plans to expand its metro Atlanta operation with the acquisition of Ott & Company of Alpharetta, Ga.
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BB&T Corporation declares dividend (12/12/2007)
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The board of directors of BB&T Corporation (NYSE: BBT) on Tuesday afternoon declared the 2008 first quarter dividend of $0.46 per share, a 9.5 percent increase over the $0.42 paid in the first quarter of 2007.
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WilcoHess president named BB&T director (12/12/2007)
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The directors of BB&T Corporation on Tuesday elected Stephen Williams, president and majority owner of A.T. Williams Oil Company, to the corporate board.
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BB&T Corporation CEO to speak Nov. 13 at Merill Lynch Banking & Financial Services Conference (11/6/2007)
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BB&T Corporation today said that Chairman and Chief Executive Officer John Allison will present at the Merrill Lynch Banking & Financial Services Conference in New York on Tuesday, Nov. 13 at 1:45 p.m. (EST).
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BB&T Corporation COO to speak Nov. 13 at Sandler O'Neill Financial Services Conference (11/6/2007)
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BB&T Corporation today said that Chief Operating Officer Kelly King will present at the Sandler O’Neill 2007 Financial Services Conference in Naples, Fla., on Tuesday, Nov. 13 at 10:55 a.m. (EST).
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BB&T Corporation CEO to speak November 8th to BancAnalysts Association of Boston (11/5/2007)
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BB&T Corporation today said that Chairman and Chief Executive Officer John Allison will present at the BancAnalysts Association of Boston on Nov. 8 at 3:50 p.m. (EST).
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BB&T reports 3rd quarter net income of $444 million, up 6.5% (10/18/2007)
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BB&T Corp. reported today net income for the third quarter of 2007 totaling $444 million, or $.80 per diluted share, compared with $417 million, or $.77 per diluted share, earned during the third quarter of 2006.
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Third Quarter, 2007
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BB&T Insurance Services to acquire Georgia agency (9/28/2007)
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BB&T Insurance Services, the nation’s seventh largest insurance broker, today said it plans to expand its metro Atlanta and north Georgia operation with the acquisition of Sidney O. Smith Inc.
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BB&T Corp CEO to speak at Lehman Conference (8/31/2007)
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BB&T Corporation (NYSE: BBT) today said that Chairman and Chief Executive Officer John Allison will present at the Lehman Brothers 2007 Financial Services Conference in New York City on Tuesday, September 11 at 3:45 p.m. ET.
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BB&T to acquire commercial mortgage company (8/23/2007)
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BB&T Corporation principal subsidiary Branch Banking and Trust Company today said it plans to buy commercial real estate finance company Collateral Real Estate Capital LLC of Birmingham, Ala.
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BB&T Corporation declares dividend (8/21/2007)
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The board of directors of BB&T Corporation today declared the 2007 fourth quarter dividend of $0.46 per share, a 9.5 percent increase over the $0.42 paid in the fourth quarter of 2006.
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BB&T reports record net income of $458 million (7/19/2007)
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BB&T Corporation reported today record net income for the second quarter of 2007 totaling $458 million, or $.83 per diluted share, compared with $429 million, or $.79 per diluted share, earned during the second quarter of 2006.
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Second Quarter, 2007
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BB&T Insurance Services to acquire South Carolina agency (6/27/2007)
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BB&T Insurance Services, the nation’s seventh largest insurance broker, today said it plans to expand its South Carolina operation with the acquisition of Carswell Insurance Services of Hilton Head Island.
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BB&T Corporation declares dividend (6/26/2007)
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The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2007 third quarter dividend of $0.46 per share, a 9.5 percent increase over the $0.42 paid in the third quarter of 2006.
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BB&T Insurance Services to acquire metro Atlanta agency (5/30/2007)
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BB&T Insurance Services, the nation’s seventh largest insurance broker, today said it plans to expand its metro Atlanta operation with the acquisition of Reese Insurance Associates Inc. of Riverdale, Ga.
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Two BB&T Funds recognized as top performers in 2006 by Lipper Inc. (5/17/2007)
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Lipper Inc. awarded the BB&T Special Opportunities Equity Fund’s Institutional Shares (BOPIX) with a Performance Achievement Award as the top performing fund in 2006 in the Multi-Cap Growth Funds category.
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Nine BB&T Capital Markets analysts recognized in annual Forbes.com/StarMine survey (5/14/2007)
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Nine BB&T Capital Markets equity research analysts were among the nation’s top three earnings estimators or stock pickers in the sixth annual Forbes.com/StarMine survey of securities analyst accuracy.
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BB&T Capital Partners acquires Innovative Container (5/10/2007)
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BB&T Capital Partners, a subsidiary of Branch Banking and Trust Company, today said it has acquired Innovative Container, a Greenville, S.C.-based industrial container reconditioning and manufacturing company.
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BB&T Corporation CEO to speak May 14 at UBS Global Financial Services Conference (5/9/2007)
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BB&T Corporation today said that Chairman and Chief Executive Officer John Allison will present at the UBS 2007 Global Financial Services Conference in New York City on Monday, May 14 at 4:20 p.m. ET.
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BB&T’s ‘Triple Play Giveaway’ starts today in Florida (5/4/2007)
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Minor league baseball fans throughout the Southeast will have an opportunity this spring and summer to win as much as $300,000 in BB&T’s “Triple Play Giveaway.”
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BB&T completes acquisition of Coastal Financial Corp. (5/1/2007)
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BB&T Corporation today completed its acquisition of Coastal Financial Corporation of Myrtle Beach, S.C.
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BB&T reports 1st quarter net income of $421 million; (4/19/2007)
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Operating earnings for the first quarter of 2007 totaled $425 million, or $.78 per diluted share, excluding $4 million in net after-tax merger-related and restructuring charges.
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First Quarter, 2007
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CRC announces promotions for senior executives (3/12/2007)
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The board of directors of CRC Insurance Services Inc., the wholesale insurance subsidiary of Branch Banking and Trust Company, today announced promotions for several senior executives.
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BB&T’s new online account opening application receives high marks from customers, independent firms (3/8/2007)
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BB&T Corporation’s new instant online account-opening system has been ranked among the top five in the nation by Change Sciences Group, a national research firm, for the best online customer experience among the top 40 national and regional banks.
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BB&T names Broome head of Commercial Finance unit (2/26/2007)
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BB&T Corporation today said it has named Senior Loan Administrator J. Tol Broome Jr. as president of its Commercial Finance line of business.
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BB&T Corporation declares dividend (2/20/2007)
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The board of directors of BB&T Corporation today declared the 2007 second quarter dividend of $0.42 per share, a 10.5 percent increase over the $0.38 paid in the second quarter of 2006.
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BB&T’s leasing subsidiary renamed Equipment Finance Corp. (2/14/2007)
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BB&T Corporation has changed the name of its leasing subsidiary to “BB&T Equipment Finance Corporation” to better reflect the subsidiary’s business offerings.
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BB&T launches instant online account opening (2/6/2007)
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In less time than it takes most people to drive to the bank, you can now open and fund a BB&T account from home with the bank’s new instant online application offering.
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BB&T Special Opportunities Equity Fund ranked as top 'Category King' for 2006 by The Wall Street Journal (1/29/2007)
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The BB&T Special Opportunities Equity Fund A Shares (BOPAX) was awarded the top “Category King” spot in 2006 by The Wall Street Journal in the Multi-Cap Growth category.
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BB&T kicks off contactless card pilot program (1/29/2007)
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BB&T Corporation (NYSE:BBT) today said it has begun issuing BB&T Check Cards with the Visa® Contactless feature to select clients in Georgia, Florida, Maryland, Virginia and Washington, D.C., in a pilot program.
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BB&T reports 2006 net income of $1.53 billion; Operating earnings per share total $.82 for the fourth quarter (1/18/2007)
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BB&T Corp. reported earnings for the 4th qtr. and full year 2006. For the 4th qtr., net income totaled $250.8 mil., or $.46 per diluted share, compared with $429.6 mil., or $.78 per diluted share, earned during the 4th qtr. 2005.
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BB&T completes AFCO, CAFO acquisitions (1/3/2007)
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BB&T Corporation subsidiary Branch Banking and Trust Company completed its acquisition of insurance premium finance company AFCO Credit Corporation and its Canadian affiliate, CAFO Inc., from Mellon Financial Corporation.
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Fourth Quarter, 2006
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BB&T to acquire Coastal Financial Corporation of Myrtle Beach, S.C. (12/21/2006)
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BB&T Corporation and Coastal Financial Corporation today announced that they have signed a definitive merger agreement.
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BB&T Corporation declares dividend (12/12/2006)
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The board of directors of BB&T Corporation today declared the 2007 first quarter dividend of $0.42 per share, a 10.5 percent increase over the $0.38 paid in the first quarter of 2006.
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BB&T enters NASCAR as sponsor of No. 2 RCR Busch Series car (12/11/2006)
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BB&T Corporation today marked its entry into NASCAR by announcing a two-year agreement to be the official bank of Richard Childress Racing (RCR) and the primary sponsor of the No. 2 Chevrolet Monte Carlos driven by Clint Bowyer in the Busch Series.
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BB&T Asset Management expands alternative investment offerings (12/8/2006)
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BB&T Asset Management today said it is now offering a broader range of alternative investment strategies to the bank’s Wealth Management and Institutional Services clients.
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BB&T names two to its Executive Management team (12/4/2006)
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As part of a long-term plan to add younger executives to its top leadership group, BB&T Corporation today named two new members to its Executive Management team.
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BB&T named to Maryland IOLTA Silver Honor Roll (11/30/2006)
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BB&T today said it is now a Silver member of the Interest on Lawyer Trust Accounts (IOLTA) Honor Roll sponsored by the Maryland Legal Services Corporation and the Maryland State Bar Association.
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BB&T expands prepaid product line with new gift card (11/21/2006)
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BB&T Corporation today said it will begin offering the BB&T Visa Gift Card to retail and business clients, its fourth new prepaid product in the last two years.
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First Citizens Bancorp branches open as BB&T today (11/13/2006)
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BB&T Corporation today said that 16 branches of the former First Citizens Bancorp of Cleveland, Tenn., opened as BB&T financial centers this morning.
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BB&T to offer Florida clients more surcharge-free ATMs (11/7/2006)
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BB&T today announced a new ATM strategy to give its Florida clients broader access to their cash and more free foreign ATM transactions.
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O’Shea joins BB&T Capital Markets as head of Equity Transactions (11/6/2006)
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BB&T Capital Markets said today it has hired Patrick A. O’Shea as a senior managing director and head of Equity Transactions.
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BB&T Insurance Services to acquire Florida agency (11/1/2006)
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BB&T Insurance Services, the nation’s seventh largest insurance broker, today said it plans to expand its Florida operation with the acquisition of Wyman, Green & Blalock Inc. of Bradenton.
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BB&T Special Opportunities Equity Fund receives four- and five-star ratings from Morningstar Inc. (10/31/2006)
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The BB&T Special Opportunities Equity Fund A Shares (BOPAX) and I Shares (BOPIX) were awarded four- and five-star status, respectively, out of the 379 funds in the Mid Cap Blend category by Morningstar Inc. for the three-year period ended Sept. 30, 2006.
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Export-Import Bank of the U.S. raises BB&T international lending limits (10/30/2006)
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BB&T International Services today said that the Export-Import Bank of the United States has raised BB&T’s status to a “high level” lender under the Working Capital Guarantee program.
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BB&T reports 3rd quarter net income of $417.0 million (10/19/2006)
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BB&T Corporation reported today net income for the third quarter of 2006 totaling $417.0 million, or $.77 per diluted share, compared with $442.0 million, or $.80 per diluted share, earned during the third quarter of 2005.
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BB&T to offer health savings accounts (10/10/2006)
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BB&T Corporation (NYSE:BBT) today said it will begin offering health savings accounts (HSAs) to qualified clients.
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BB&T third quarter 2006 earnings release and conference call webcast (10/4/2006)
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BB&T Corporation, a regional financial holding company, will report its third quarter 2006 earnings prior to market opening on Oct. 19, 2006.
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Third Quarter, 2006
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Investor Relations Manager Nicholson retires from BB&T; Gjesdal named as successor (9/29/2006)
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BB&T Corporation said that Investor Relations Manager Tom Nicholson will retire today after a 35-year career in banking.
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Main Street branches in Georgia open as BB&T today (9/18/2006)
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BB&T Corporation today said that 24 branches of the former Main Street Banks Inc. of Atlanta opened as BB&T financial centers this morning.
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BB&T consolidation creates one banking subsidiary (9/15/2006)
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BB&T Corporation today said it plans to merge banking subsidiaries BB&T of Virginia and BB&T of South Carolina into Branch Banking and Trust Company, the corporation’s primary banking subsidiary.
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Whitworth to retire as president of BB&T’s Blue Ridge Region (8/31/2006)
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BB&T Corporation announced that F. Dixon Whitworth Jr., will retire today as president of its Winchester-based Blue Ridge Region. The bank has named John C. Williams, president of BB&T’s Lynchburg-based Virginia South Central Region, to succeed Whitworth.
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BB&T to acquire insurance premium finance companies AFCO and CAFO from Mellon Financial (8/24/2006)
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BB&T Corp. principal subsidiary Branch Banking and Trust Company today said it has entered into a purchase agreement to buy insurance premium finance company AFCO Credit Corporation and its Canadian affiliate, CAFO Inc., from Mellon Financial Corporation.
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BB&T Corporation declares dividend (8/22/2006)
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The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2006 fourth quarter dividend of $0.42 per share, a 10.5 percent increase over the $0.38 paid in the fourth quarter of 2005.
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BB&T ranks first among banks in national survey of home mortgage customer service satisfaction (8/7/2006)
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BB&T Corporation (NYSE: BBT) is second in the nation in home mortgage customer service satisfaction – and first among banks –
according to J.D. Power.
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BB&T completes acquisition of First Citizens Bancorp (8/1/2006)
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BB&T Corporation (NYSE: BBT) today completed its acquisition of privately held First Citizens Bancorp of Cleveland, Tenn.
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BB&T's 2nd quarter EPS up 12.9%; operating earnings per share total $.81 (7/20/2006)
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BB&T Corporation reported today net income for the second quarter of 2006 totaling $429.1 million, or $.79 per diluted share, compared with $386.8 million, or $.70 per diluted share, earned during the second quarter of 2005.
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BB&T unveils newest educational audiotape for Hispanics; BiBi Tape No. 9 helps immigrants better understand the U.S. legal system (7/14/2006)
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In an effort to reach the fastest growing ethnic group in the United States, BB&T today released the ninth installment in an ongoing series of Spanish-language educational audiotapes.
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BB&T lanza la más reciente cinta de audio educativa para hispanos; la cinta BiBi número 9 ayuda a los inmigrantes a entender mejor el sistema legal de los Estados Unidos (7/14/2006)
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Con el propósito de llegar al grupo étnico de crecimiento más rápido en los Estados Unidos, BB&T lanzó hoy la novena parte de una serie de cintas de audio educativas en español.
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BB&T second quarter 2006 earnings release and conference call webcast (7/13/2006)
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BB&T Corporation (NYSE: BBT), a regional financial holding company, will report its second quarter 2006 earnings prior to market opening on July 20, 2006.
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Wall Street Journal ranks two BB&T Capital Markets analysts among ‘Best on the Street’ (7/6/2006)
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The Wall Street Journal’s 14th annual “Best on the Street” report of the country’s top stock pickers includes John Diffendal and Jack Kasprzak of BB&T Capital Markets.
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Second Quarter, 2006
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BB&T names Coppedge, Hillis to new regional president positions in Florida, Klich to focus on statewide operations (6/27/2006)
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BB&T today said that Florida President William R. Klich, who also served as president of BB&T’s Gulf Coast Region based here, will drop the regional role on July 1 to serve as BB&T’s full-time market leader for Florida.
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BB&T Corporation declares dividend (6/27/2006)
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The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2006 third quarter dividend of $0.42 per share, a 10.5 percent increase over the $0.38 paid in the third quarter of 2005.
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BB&T announces share buyback program (6/27/2006)
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Acting under authority granted by its board of directors, BB&T Corporation (NYSE: BBT) today announced the approval of a new plan to repurchase up to 50 million shares of its common stock.
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BB&T money transfer product EasySend now free, available across footprint (6/20/2006)
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BB&T Corporation (NYSE: BBT) today said it will begin offering free international money transfers throughout its banking network covering more than 1,400 financial centers.
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BB&T completes acquisition of Main Street Banks Inc. (6/1/2006)
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BB&T Corporation (NYSE: BBT) today completed its acquisition of Main Street Banks Inc., metropolitan Atlanta’s largest community bank.
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BB&T Capital Markets analysts win seven awards in annual Forbes.com/StarMine survey (5/31/2006)
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Two BB&T Capital Markets analysts were ranked in the top three in both the earnings estimation and stock picking categories in the fifth annual Forbes.com/StarMine survey of securities analyst accuracy.
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BB&T named ‘Dividend Achiever’ by Mergent (5/4/2006)
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BB&T Corporation (NYSE: BBT) today said it has been named to the elite 2006 Dividend Achievers list by Mergent Inc., a New York City-based provider of global financial information.
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BB&T’s OnSite Deposit service exceeds $1 billion in checks processed (4/24/2006)
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BB&T today said that its OnSite Deposit service has reached a significant milestone. More than $1 billion in checks have been processed since the image-based service was introduced in March 2005.
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BB&T's 1st quarter EPS totals $.79, up 11.3% (4/20/2006)
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BB&T Corporation reported today net income for the first quarter of 2006 totaling $431.5 million, or $.79 per diluted share.
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BB&T First Quarter 2006 Earnings Release and Conference Call Webcast (4/13/2006)
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BB&T Corporation (NYSE: BBT), a regional financial holding company, will report its first quarter 2006 earnings prior to market opening on Thursday, April 20, 2006.
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First Quarter, 2006
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BB&T’s Vaughan named BISA president-elect (3/30/2006)
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BB&T Investment Services Inc. today said that the Bank Insurance & Securities Association (BISA) board of directors has elected John D. Vaughan Jr. as the association’s next president. He will assume the post in 2007 and serve a two-year term.
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BB&T named a top training organization in the nation (3/21/2006)
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For the fourth year in a row, BB&T Corporation (NYSE: BBT) has been named to Training magazine’s “Training Top 100” list in its March 2006 issue. The list is a national survey of organizations that excel at workforce training and development.
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BB&T Mid Cap Growth Fund cited among best in asset class for 2005 (3/9/2006)
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The BB&T Mid Cap Growth Fund was named one of the top performing funds in its asset class for 2005, according to Lipper Inc.
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BB&T branding campaign begins Thursday (3/8/2006)
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BB&T Corporation today said it will launch a new advertising campaign this week to introduce its new brand positioning and “There’s opportunity here” tag line.
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BB&T Corporation declares dividend (2/21/2006)
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The board of directors of BB&T Corporation today declared the 2006 second quarter dividend of $0.38 per share, an 8.6 percent increase over the $0.35 paid in the second quarter of 2005.
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BB&T to acquire Texas-based nonprime auto finance company (2/16/2006)
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BB&T Corporation today said it plans to acquire the assets of nonprime auto finance company FSB Financial Ltd. of Arlington, Texas.
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BB&T Capital Markets hires chemicals industry analysts (2/2/2006)
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BB&T Capital Markets today said it has hired a renowned team of New York City-based equity analysts to cover the chemicals industry.
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BB&T announces eminent domain policy (1/25/2006)
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BB&T Corporation today said it will not lend to commercial developers that plan to build condominiums, shopping malls and other private projects on land taken from private citizens by government entities using eminent domain.
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BB&T reports record 2005 net income of $1.65 billion; Operating earnings per share total $3.04, an increase of 8.2% (1/19/2006)
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BB&T Corporation reported today earnings for the fourth quarter and the full year 2005.
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BB&T to acquire First Citizens Bancorp of Cleveland, Tenn. (1/12/2006)
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BB&T Corporation today said it plans to buy privately held First Citizens Bancorp in a $142.6 million transaction that would strengthen BB&T’s presence in east Tennessee, including the fast growing Interstate 75 corridor between Knoxville and Chattanooga.
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BB&T reorganizes metro Atlanta / Bank names regional presidents for North and South Atlanta (1/10/2006)
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Continuing a commitment to its community banking philosophy, BB&T announced today it is reorganizing its Atlanta metro operations into two regions - North Atlanta and South Atlanta — to accommodate accelerating growth in Georgia’s most vibrant city.
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BB&T Capital Partners announces new hires (1/5/2006)
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| |
BB&T Capital Partners, today said it has expanded its staff with three recent hires: Thomas H. Westbrook, partner and head of Mezzanine Investments; W. Brent Kulman, director of Business Development; and Scott L. Snow, vice president.
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Fourth Quarter, 2005
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BB&T to acquire Main Street Banks Inc. of metro Atlanta (12/15/2005)
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BB&T Corporation today said it plans to buy Main Street Banks Inc. of Atlanta in a $622.7 million stock swap that would strengthen its presence in some of the most economically vibrant communities in the country.
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BB&T Fourth Quarter 2005 Earnings Conference Call (12/14/2005)
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BB&T Corporation, a regional financial holding company, will report its fourth quarter 2005 earnings prior to market opening on Thursday, Jan. 19, 2006.
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BB&T Institutional Trust Services chooses ProNvest to offer investment advice (12/13/2005)
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BB&T Institutional Trust Services today announced a new partnership with ProNvest, a national independent registered investment advisor based in Atlanta and Chattanooga, Tenn.
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BB&T Corporation declares dividend (12/13/2005)
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The board of directors of BB&T Corporation today declared the 2006 first quarter dividend of $0.38 per share, an 8.6 percent increase over the $0.35 paid in the first quarter of 2005.
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BB&T forms new Payments Services Division (12/12/2005)
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BB&T Corporation today said it has created a new Payments Services Division and named BB&T veteran Bennett Bradley to lead it.
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BB&T introduces online resource for payroll processing (11/28/2005)
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BB&T Corporation today said it has introduced PwHR Source, an online resource from BB&T Payroll Services designed to make payroll processing quicker, easier and more accurate.
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BB&T to acquire New Jersey-based brokerage firm (11/14/2005)
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| |
BB&T Corporation today said it would acquire brokerage and investment banking firm Bergen Capital Inc.
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BB&T Economic Educator of the Year Awards Honor Three N.C. High School Teachers (11/10/2005)
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| |
A new initiative co-sponsored by the N.C. Council on Economic Education (NCCEE) and the BB&T Charitable Foundation hopes to help turn the “economic literacy deficit” around in North Carolina.
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BB&T forms new Commercial Finance unit (11/3/2005)
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BB&T Corporation today said it completed the merger of BB&T Factors Corporation into principal subsidiary Branch Banking and Trust Company on Tuesday.
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BB&T announces 3rd quarter earnings (10/14/2005)
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| |
WINSTON-SALEM, N.C. -- BB&T Corporation reported today third quarter net income totaling $442.0 million, or $.80 per diluted share.
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BB&T’s Laureate Capital acquisition expands BB&T’s Laureate Capital acquisition expands (10/6/2005)
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| |
Laureate Capital LLC, a commercial mortgage banking subsidiary of Branch Banking and Trust Company, today said it has acquired the $325 million servicing portfolio and loan origination platform of Atlanta-based Wilson & Nolan Southeast Inc.
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Third Quarter, 2005
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BB&T Capital Markets forms new Healthcare Investment Banking Group (9/28/2005)
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BB&T Capital Markets today said it has created a Healthcare Investment Banking Group and named new hires Michael Weber and Keith Mumford to lead the effort.
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BB&T recognized for service excellence in business banking (9/27/2005)
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BB&T Corporation today said it has received six “Excellence in Business Banking” awards from Greenwich Associates. It is the highest number of awards given by the Connecticut-based strategic consulting and research firm to any bank in the South region.
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BB&T third quarter 2005 earnings conference call (9/23/2005)
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BB&T CORPORATION, the nation's ninth largest financial holding company, will report its third quarter 2005 earnings prior to market opening Oct. 14, 2005.
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BB&T unveils eighth in a series of educational audiotapes for Hispanics (9/13/2005)
|
| |
In an ongoing effort to reach the fastest growing ethnic group in the United States, BB&T today released the eighth installment in a groundbreaking series of Spanish-language educational audiotapes.
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BB&T estrena la octava parte de una serie de cintas de audio educativas para los hispanos (9/13/2005)
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| |
En un continuo esfuerzo por llegar al grupo étnico de crecimiento más rápido en los Estados Unidos, BB&T estrenó hoy la octava parte de una innovadora serie de cintas de audio educativas en español.
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BB&T Corporation declares dividend (8/23/2005)
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The board of directors of BB&T Corporation today declared the 2005 fourth quarter dividend of $0.38 per share, an 8.6 percent increase over the $0.35 paid in the fourth quarter of 2004.
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BB&T named nation’s best mortgage lending trainer (8/17/2005)
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| |
BB&T Corporation has the best mortgage lending training program in the nation for companies with more than 1,000 employees, according to the Mortgage Bankers Association (MBA).
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BB&T Capital Markets adds equity research coverage of the automotive aftermarket industry (8/17/2005)
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BB&T Capital Markets today said it has added equity research coverage of the automotive aftermarket industry, led by Senior Research Analyst Tony Cristello.
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BB&T announces 2nd quarter 2005 earnings (7/13/2005)
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BB&T announces 2nd quarter net income of $386.8 million; Reports operating earnings per share of $.75. Year-to-date operating earnings per share up 9.8%.
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BB&T’s redesigned Web site includes online application for checking, savings and money market accounts (7/5/2005)
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BB&T Corporation today said it has unveiled a new Web site with updated design and features, including online account application for checking, savings and money market accounts.
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Second Quarter, 2005
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Gov. Bush, HUD secretary among scheduled speakers at BB&T faith-based community development conference (6/28/2005)
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| |
BB&T Corporation will host the inaugural “Faith-Based Community Development Training Symposium” Aug. 9-11 at the Westin Diplomat Resort and Spa in Ft. Lauderdale, Fla.
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Gobernador Bush y Secretario de HUD entre Oradores Invitados a Actividad de BB&T para Desarrollo Comunitario Basado en la Fe (6/28/2005)
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BB&T Corporation celebrará el primer "Simposio de Capacitación en Desarrollo Comunitario Basado en la Fe" del 9 al 11 de agosto en el Westin Diplomat Resort and Spa de Ft. Lauderdale, Florida.
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BB&T Corporation increases dividend (6/28/2005)
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| |
The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2005 third quarter dividend of $0.38 per share, an 8.6 percent increase over the $0.35 paid in the third quarter of 2004.
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BB&T selects Rockett, Burkhead & Winslow as advertising and marketing agency of record (6/27/2005)
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BB&T Corporation today said it has selected Raleigh, N.C.-based Rockett, Burkhead & Winslow (RBW) as its advertising and marketing agency of record.
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BB&T Second Quarter 2005 Earnings Conference Call (6/24/2005)
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| |
BB&T CORPORATION, a regional financial holding company, will report its second quarter 2005 earnings prior to market opening on Wednesday, July 13, 2005.
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Wall Street Journal ranks two BB&T Capital Markets analysts among ‘Best on the Street’ (5/26/2005)
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| |
The stock-picking expertise of BB&T Capital Markets’ Andrew Wolf and Jack Kasprzak earned them a spot on The Wall Street Journal’s 13th annual “Best on the Street” roster of the country’s top analysts.
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BB&T Capital Markets ranked eighth in annual Forbes.com/StarMine survey (5/18/2005)
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| |
BB&T Capital Markets was ranked as the eighth best equity research firm in the nation for 2004 in the fourth annual Forbes.com/StarMine survey of securities analysts.
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BB&T introduces new payroll card for employers (5/16/2005)
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| |
BB&T Corporation today said it has introduced its third prepaid product in the past year.
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BB&T Institutional Services rated among top 401(k) providers (5/5/2005)
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| |
BB&T Institutional Services was ranked No. 3 overall among 401(k) providers for companies, municipalities and organizations in the $1 million-$10 million range by 401k Exchange.
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BB&T to Webcast Annual Shareholders Meeting (4/20/2005)
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| |
BB&T Corporation today said it will offer a live audio webcast of its annual shareholders meeting on April 26.
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BB&T introduces Automatic Rollover IRA (4/19/2005)
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| |
Retirement plan sponsors can turn to BB&T to meet new federal guidelines requiring automatic individual retirement account “rollovers” for departing employees with low balances.
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BB&T’s 1st quarter net income up 20.4% (4/13/2005)
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| |
BB&T Corporation reported today net income for the first quarter of 2005 totaling $395.4 million, or $.71 per diluted share.
|
| |
First Quarter, 2005
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| |
BB&T again ranked nation’s No. 1 small business-friendly financial holding company (3/28/2005)
|
| |
For the fifth time in the past seven years, BB&T Corporation is the top ranked “small business-friendly” financial holding company in the country, according to a recently released report by the U.S. Small Business Administration’s Office of Advocacy.
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BB&T First Quarter 2005 Earnings Conference Call (3/21/2005)
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| |
BB&T Corporation, a regional financial holding company, will report its first quarter 2005 earnings prior to market opening on Wednesday, April 13, 2005.
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BB&T named ‘Dividend Achiever’ by Mergent (3/14/2005)
|
| |
BB&T Corporation today said it has been named to the elite 2005 Dividend Achievers Index by Mergent Inc., a New York City-based provider of global financial information.
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BB&T to offer check-image deposit service for business clients (3/10/2005)
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| |
BB&T business clients soon will have a faster and more efficient way to make deposits with a new electronic service from BB&T subsidiary Creative Payment Solutions Inc.
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BB&T unveils seventh in a series of educational audiotapes for Hispanics (3/8/2005)
|
| |
In an ongoing effort to reach the fastest growing ethnic group in the United States, BB&T today released the seventh installment in a groundbreaking series of Spanish-language educational audiotapes.
|
| |
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BB&T Presenta Séptima Cinta Educativa de una Serie para los Hispanos (3/8/2005)
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| |
Como parte de un esfuerzo continuo para comunicarse con el grupo étnico de más rápido crecimiento en los Estados Unidos, BB&T publicó hoy la séptima cinta educativa en español de una serie innovadora.
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BB&T’s chief financial officer to retire at end of 2Q (2/28/2005)
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| |
BB&T Corporation today said that longtime Chief Financial Officer Scott Reed will retire June 30.
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BB&T Corporation declares dividend (2/22/2005)
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| |
The board of directors of BB&T Corporation today declared the 2005 second quarter dividend of $0.35 per share, a 9.4 percent increase over the $0.32 paid in the second quarter of 2004.
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Sterling Capital Management to partner with BB&T (2/16/2005)
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| |
BB&T Corporation today said it would acquire a 70 percent ownership interest in Sterling Capital Management LLC of Charlotte, N.C.
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Wenick to assume helm at BB&T Wealth Management (2/15/2005)
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| |
A year and a half after it was created, BB&T’s Wealth Management Division is growing rapidly and meeting its early revenue goals, the division’s newly appointed manager Mark Wenick said.
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Wiggs named chief marketing officer for BB&T (2/1/2005)
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BB&T Corporation today said it has named Steve Wiggs as the company’s first chief marketing officer.
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Project HOPE executive named BB&T director (1/31/2005)
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The directors of BB&T Corporation recently elected humanitarian and former university health science center president Dr. John P. Howe III to the corporate board.
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BB&T offers access to leading TurboTax for the Web service (1/19/2005)
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BB&T Corporation will help make taxes less taxing for its customers by making the leading online tax preparation service, TurboTax® for the WebSM, available at www.BBandT.com.
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BB&T reports 2004 net income of $1.56 billion, up 46.3%; surpasses $100 billion in assets (1/14/2005)
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BB&T reports 2004 net income of $1.56 billion, up 46.3%; surpasses $100 billion in assets
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Fourth Quarter, 2004
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BB&T introduces Spanish-language Web site (12/21/2004)
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BB&T Corporation today said it is now offering a Web site in Spanish, www.BBandT.com/espanol.
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BB&T Presenta Sitio Web en Español (12/21/2004)
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BB&T Corporation dijo hoy que está ofreciendo un sitio web en español, http://www.BBandT.com/espanol .
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BB&T Fourth Quarter 2004 Earnings Conference Call (12/20/2004)
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BB&T CORPORATION, a regional financial holding company, will report its fourth quarter 2004 earnings prior to market opening on Friday, Jan. 14, 2005.
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BB&T Corporation declares dividend (12/14/2004)
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The board of directors of BB&T Corporation today declared the 2005 first quarter dividend of $0.35 per share, a 9.4 percent increase over the $0.32 paid in the first quarter of 2004.
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BB&T ranks first among banks in national survey of home mortgage customer satisfaction (12/1/2004)
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BB&T Corporation is third in the nation in home mortgage customer satisfaction, according to J.D. Power. BB&T’s ranking places it first among banks for the third year in a row.
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BB&T to acquire metro Washington, D.C.-based investment bank (11/16/2004)
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BB&T Capital Markets today said it would acquire middle-market investment bank Windsor Group LLC and affiliate Windsor Advisory Services LLC of Reston, Va.
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Metro Atlanta steel company owner named BB&T director (11/5/2004)
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The directors of BB&T Corporation recently elected Anna Cablik, president and chief executive officer of Anasteel & Supply Company LLC of Ellenwood, Ga., to the corporate board.
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BB&T reports record net income of $412.9 million (10/14/2004)
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BB&T Corporation reported today record third quarter net income totaling $412.9 million, or $.74 per diluted share, compared with $115.9 million, or $.21 per diluted share, earned in the third quarter of 2003.
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Third Quarter, 2004
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BB&T Third Quarter 2004 Earnings Conference Call (9/23/2004)
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BB&T Corporation, a regional financial holding company, will report its third quarter 2004 earnings prior to market opening on Thursday, Oct. 14, 2004.
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BB&T unveils sixth in a series of educational audiotapes for Hispanics (9/14/2004)
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In an ongoing effort to reach the fastest growing ethnic group in the United States, BB&T today released the sixth installment in its groundbreaking series of Spanish-language educational audiotapes.
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BB&T Presenta Sexta de una Serie de Cintas Magnetofónicas para Hispanos (9/14/2004)
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En un esfuerzo sostenido para llegar al grupo étnico de más rápido crecimiento en Estados Unidos, BB&T presentó la sexta de una serie de cintas magnetofónicas instructivas en español que establecen un nuevo precedente.
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BB&T Corporation declares dividend (8/24/2004)
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WINSTON-SALEM, N.C. – The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2004 fourth quarter dividend of $0.35 per share, a 9.4 percent increase over the $0.32 paid in the fourth quarter of 2003.
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BB&T unveils fifth in a series of educational audiotapes for Hispanics (7/28/2004)
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In an ongoing effort to reach the fastest growing ethnic group in the United States, BB&T today released the fifth installment in its groundbreaking series of Spanish-language educational audiotapes.
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BB&T Presenta el Quinto Cassette de Audio de una (7/28/2004)
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En su constante esfuerzo por llegar al grupo étnico de más rápido crecimiento en Estados Unidos, BB&T presentó hoy la quinta entrega de su innovadora serie de audiocassettes educativos en idioma español.
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BB&T reports net income of $400 million, up 26.5% (7/13/2004)
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BB&T Corporation reported today second quarter net income totaling $400.1 million, or $.72 per diluted share.
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Second Quarter, 2004
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BB&T Second Quarter 2004 Earnings Conference Call (6/24/2004)
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BB&T CORPORATION, a regional financial holding company, will report its second quarter 2004 earnings prior to market opening on Tuesday, July 13, 2004.
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BB&T Corporation increases dividend (6/22/2004)
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The board of directors of BB&T Corporation today declared the 2004 third quarter dividend of $0.35 per share, a 9.4 percent increase over the $0.32 paid in the third quarter of 2003.
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Republic Bancshares branches open as BB&T today (6/14/2004)
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BB&T Corporation today said that 72 financial centers of the former Republic Bancshares Inc. of St. Petersburg, Fla., opened as BB&T branches this morning.
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BB&T Capital Markets analysts ranked in Forbes.com/StarMine survey (5/26/2004)
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BB&T Capital Markets today said that four of its analysts are included in the annual Top Equity Analysts ranking by Forbes.com and StarMine.
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Wall Street Journal ranks two BB&T Capital Markets analysts among ‘Best on the Street’ (5/25/2004)
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The stock-picking expertise of two BB&T Capital Markets analysts earned them a spot on The Wall Street Journal’s 12th annual “Best on the Street” roster of the country’s top analysts.
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BB&T Insurance Services to acquire second Lexington, Ky.-based agency (5/13/2004)
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BB&T Insurance Services today said it plans to buy Lexington-based Employee Benefit Services of Kentucky.
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BB&T names Patricia Oliver as new general counsel (5/5/2004)
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BB&T Corporation (NYSE: BBT) today said it has named Patricia Oliver as general counsel and corporate secretary.
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BB&T completes acquisition of Capitol Premium Plan (5/3/2004)
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BB&T Corporation late Friday completed its acquisition of insurance premium finance company Capitol Premium Plan Inc. of Charlotte, N.C.
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BB&T announces changes to its Executive Management team (4/29/2004)
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BB&T today announced changes to its executive management team, which helps set policy and direction for the corporation. The changes take effect June 30.
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BB&T Asset Management names Schappe as new chief investment officer (4/28/2004)
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BB&T Asset Management Inc. today said it has named Jeffrey J. Schappe as chief investment officer of the Raleigh-based registered investment advisory firm.
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BB&T completes acquisition of Republic Bancshares Inc. (4/15/2004)
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BB&T Corporation late Wednesday completed its acquisition of St. Petersburg, Fla.-based Republic Bancshares Inc.
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BB&T to acquire Washington, D.C.-based investment advisory firm (4/14/2004)
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BB&T Asset Management today said it would acquire investment advisory firm de Garmo & Kelleher of Washington, D.C.
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BB&T announces 1st quarter net income of $328.5 million; operating earnings increase 1.2% to $334.6 million (4/13/2004)
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BB&T Corporation reported today net income for the first quarter of 2004 totaling $328.5 million, or $.60 per diluted share.
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BB&T introduces new money transfer product for Hispanic clients (4/12/2004)
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BB&T Corporation today said it has introduced a new money transfer product for its Hispanic clients.
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BB&T Introduce Nuevo Producto de Transferencia de Dinero para Clientes Hispanos (4/12/2004)
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BB&T Corporation anunció hoy que ha introducido en el mercado hispano un nuevo producto de transferencia de dinero.
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BB&T named one of the nation’s top training organizations (4/7/2004)
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For the second year in a row, BB&T Corporation has been named to Training magazine’s 2004 “Training Top 100” list, a national survey of organizations that excel at workforce development.
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First Quarter, 2004
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BB&T first quarter 2004 earnings conference call (3/26/2004)
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BB&T CORPORATION, a regional financial holding company, will report its first quarter 2004 earnings prior to market opening on Tuesday, April 13, 2004.
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BB&T names Guillaume as chairman and chief executive officer of Kentucky operations (3/23/2004)
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BB&T today said that Kentucky operations President Rick Guillaume will assume the additional statewide roles of chairman and chief executive officer.
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BB&T updates 2004 earnings guidance (3/19/2004)
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BB&T Corporation today announced revised 2004 earnings guidance to reflect the impact of fluctuations in interest rates and the resulting reduced profitability of BB&T’s mortgage banking operations.
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BB&T Insurance Services to acquire St. Petersburg, Fla.-based agency (3/8/2004)
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BB&T Insurance Services today said it plans to buy Iler Wall & Shonter Insurance Inc. of St. Petersburg, Fla. The acquisition would give the nation’s sixth largest insurance broker its second agency in the Sunshine State.
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BB&T unveils fourth in a series of educational audiotapes for Hispanics (2/26/2004)
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In its ongoing effort to reach the fastest growing ethnic group in the United States, BB&T today unveiled the fourth installment in a groundbreaking series of Spanish-language educational audiotapes.
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BB&T Presenta Cuarta Entrega de Serie de Cintas de Audio Educativas para Hispanos (2/26/2004)
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En un esfuerzo permanente por llegar al grupo étnico de mayor crecimiento en los Estados Unidos, BB&T dio a conocer hoy la cuarta entrega de una inédita serie de cintas de audio educativas en idioma español.
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BB&T Corporation declares dividend (2/24/2004)
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The board of directors of BB&T Corporation today declared the 2004 second quarter dividend of $0.32 per share, a 10.3 percent increase over the $0.29 paid in the second quarter of 2003.
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BB&T introduces two new cash management products (2/23/2004)
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BB&T Corporation today introduced two new account consolidation and tracking products for its business deposit clients.
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BB&T’s corporate board votes to amend expiration date of stockholder rights plan (2/13/2004)
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The Board of Directors of BB&T Corporation has voted to amend BB&T’s shareholder rights plan to accelerate the final expiration date of the purchase rights issued under the plan.
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BB&T Corporation to hold Annual Investor and Analyst Conference Webcast (2/12/2004)
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BB&T Corporation (NYSE: BBT) will host its annual investor and analyst conference on Feb. 19, from 8:00 a.m. to 3:00 p.m. (EST).
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BB&T Insurance Services completes McGriff, Seibels & Williams acquisition (2/2/2004)
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BB&T Insurance Services late Sunday completed its acquisition of McGriff, Seibels & Williams Inc. of Birmingham, Ala., creating the sixth largest insurance broker in the nation.
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BB&T to acquire Charlotte, N.C.-based insurance premium finance company (1/28/2004)
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BB&T Corporation today said it plans to buy insurance premium finance company Capitol Premium Plan Inc. of Charlotte, N.C., in a stock swap.
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BB&T ranked nation’s No. 3 CRA-reporting lender to small businesses (1/22/2004)
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BB&T Corporation is the No. 3 Community Reinvestment Act-reporting “small business-friendly” financial holding company in the country, according to the U.S. Small Business Administration.
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BB&T ranks first among banks in national survey of home mortgage customer satisfaction (1/14/2004)
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BB&T Corporation is second in the nation in home mortgage customer satisfaction, according to J.D. Power. BB&T’s ranking places it first among banks for the second year in a row.
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BB&T posts record operating results for 2003; Merger charges and nonrecurring items cause 9.6% decrease in quarterly net income (1/13/2004)
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BB&T posts record operating results for 2003; operating earnings up 9.6% in the fourth quarter. Merger charges and nonrecurring items cause 9.6% decrease in net income
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BB&T ranked nation’s No. 1 small business-friendly bank (1/12/2004)
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For the fourth time in the past six years, BB&T Corporation is the No. 1 “small business-friendly” financial holding company in the country, according to the U.S. Small Business Administration.
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BB&T offers access to leading e-tax service (1/12/2004)
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BB&T Corporation today announced an agreement with e-finance leader Intuit to offer the company’s popular online tax preparation and filing service.
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BB&T ranks No. 1 among financial services firms in national survey of ‘customer advocacy’ (1/8/2004)
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BB&T Corporation is the top financial services company in the nation based on “customer advocacy,” according to a national consulting firm.
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BB&T Fourth Quarter 2003 Earnings Conference Call (1/7/2004)
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BB&T CORPORATION, a regional financial holding company, will report its fourth quarter 2003 earnings prior to market opening on Tuesday, Jan. 13, 2004.
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Fourth Quarter, 2003
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BB&T Corporation declares dividend (12/16/2003)
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The board of directors of BB&T Corporation today declared the 2004 first quarter dividend of $0.32 per share, a 10.3 percent increase over the $0.29 paid in the first quarter of 2003.
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BB&T to acquire Florida’s Republic Bancshares Inc. (12/2/2003)
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BB&T Corporation today said it plans to buy Republic Bancshares Inc. of St. Petersburg, Fla., in a $436 million transaction that represents entry into some of the strongest economic markets in the Southeast.
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BB&T’s chief operating officer to retire in 2004 (11/17/2003)
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Calling it one of the hardest decisions of his life, longtime BB&T Corporation Chief Operating Officer Henry Williamson Jr. today said he will retire on June 30, 2004.
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BB&T Insurance Services to acquire McGriff, Seibels & Williams (11/11/2003)
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BB&T Insurance Services, in its largest acquisition ever, today said it plans to buy McGriff, Seibels & Williams Inc. of Birmingham, Ala.
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BB&T introduces online option for tax payment product (11/5/2003)
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BB&T Corporation today said it has added an online option to its popular BB&T Tax Choice product.
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BB&T announces 3rd quarter net income of $115.9 million; Operating earnings increase 12.9% to $379.3 million (10/14/2003)
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BB&T announces 3rd quarter net income of $115.9 million; Operating earnings increase 12.9% to $379.3 million
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First Virginia branches open as BB&T today (10/14/2003)
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BB&T Corporation today said that more than 300 banking offices of the former First Virginia Banks Inc. of Falls Church, Va., opened as BB&T branches this morning.
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BB&T Third Quarter 2003 Earnings Conference Call (10/8/2003)
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BB&T CORPORATION, a regional financial holding company, will report its third quarter 2003 earnings prior to market opening on Tuesday, October 14, 2003.
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Third Quarter, 2003
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BB&T Investment Services, ShareBuilder kick off holiday sweepstakes promotion (9/30/2003)
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BB&T Investment Services Inc. and ShareBuilder today announced a holiday sweepstakes promotion to encourage BB&T customers to open a BB&T ShareBuilder investment account.
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BB&T International Services receives Governor’s International Community Service Award (9/29/2003)
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BB&T International Services today said it recently received the 2003 Governor’s International Community Service Award, presented annually by the North Carolina World Trade Association.
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BB&T unveils third in a series of educational audiotapes for Hispanics (9/6/2003)
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In its ongoing effort to reach the fastest growing ethnic group in the United States, BB&T today unveiled the third installment in a groundbreaking series of Spanish-language educational audiotapes.
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BB&T lowers online banking prices for small businesses (9/4/2003)
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BB&T Corporation today said it has developed a new menu of online banking and bill payment services designed to specifically meet the needs of its small business customers.
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BB&T, regional committee partner to help minority businesses (8/27/2003)
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BB&T and the National Capital Minority Business Opportunity Committee today announced a partnership to help the greater metropolitan Washington, D.C., minority business enterprises gain access to capital and financial expertise.
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BB&T Corporation declares dividend (8/26/2003)
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The board of directors of BB&T Corporation today declared the 2003 fourth quarter dividend of $0.32 per share, a 10.3 percent increase over the $0.29 paid in the fourth quarter of 2002.
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BB&T names two to its Executive Management team (8/18/2003)
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BB&T Corporation today said it has named two new members to its executive management team.
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BB&T Insurance Services to acquire North Carolina-based title insurance agency (8/15/2003)
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BB&T Insurance Services today said it plans to expand its growing title insurance business with the acquisition of Surety Land Title, also based in Raleigh.
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Barnes named head of BB&T Small Business Banking (8/14/2003)
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BB&T Corporation today said it has named Ray Barnes as head of its Small Business Banking Division.
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Daniels named BB&T Corporate Credit Risk Manager (8/14/2003)
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BB&T Corporation today said it has promoted Ken Daniels to the newly created position of Corporate Credit Risk manager.
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BB&T Insurance Services to acquire Nashville, Tenn.-based agency (8/1/2003)
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BB&T Insurance Services today said it plans to expand its Tennessee operation with the acquisition of Cooper, Love & Jackson in Nashville.
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Wiggs named head of new BB&T Wealth Management Division (7/30/2003)
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BB&T Corporation today said it has created a new Wealth Management Division and named Steve Wiggs as its manager.
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BB&T introduces Web-based international trade tool (7/15/2003)
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BB&T International Services today said it has introduced a new Web-based trade tool for importers and exporters.
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BB&T announces 2nd quarter net income of $316.2 million; operating earnings per share increase 4.4% (7/14/2003)
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BB&T announces 2nd quarter net income of $316.2 million; operating earnings per share increase 4.4%
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BB&T introduces online access to shareholder accounts (7/10/2003)
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BB&T Corporation today said it has introduced a Web-based management tool for registered BB&T shareholders.
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Corporate Controller Kellett to retire from BB&T in August (7/7/2003)
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Following through on a promise to herself, BB&T Corporation Controller Sherry Kellett — who is also a member of the BB&T executive management group — today said she will retire on Aug. 1.
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BB&T completes acquisition of First Virginia Banks Inc. (7/2/2003)
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BB&T Corporation late Tuesday completed its acquisition of Falls Church, Va.-based First Virginia Banks Inc. to create the nation’s 11th largest financial holding company.
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Second Quarter, 2003
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BB&T Corporation increases dividend (6/24/2003)
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The board of directors of BB&T Corporation today declared the 2003 third quarter dividend of $0.32 per share, a 10.3 percent increase over the $0.29 paid in the third quarter of 2002.
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BB&T second quarter 2003 earnings conference call (6/17/2003)
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BB&T Corporation, a regional financial holding company, will report its second quarter 2003 earnings prior to market opening on Monday, July 14, 2003.
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BB&T introduces rewards program for business credit card clients (6/16/2003)
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Small business owners now have another reason to consider the nation’s No. 2 “small business-friendly” bank.
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BB&T Insurance Services to acquire Kingsport, Tenn.-based agency (6/5/2003)
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BB&T Insurance Services today said it plans to buy STHARCO Inc., parent company of Kingsport Development Company (KDC) Insurance Inc. of Kingsport, Tenn.
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Wall Street Journal ranks two BB&T analysts among ‘Best on the Street’ (5/27/2003)
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Facing a prolonged stubborn stock market and unprecedented regulatory pressure, Wall Street analysts have it tougher than ever. No better time, then, to be named “Best on the Street.”
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BB&T introduces new business checking account (5/15/2003)
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BB&T Corporation today said it has introduced a new business checking package with a fixed monthly maintenance fee.
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BB&T unveils second Spanish audiotape aimed at nation’s fastest growing population segment (5/13/2003)
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In its continuing effort to reach the fastest growing ethnic group in the United States, BB&T today unveiled the second installment in a groundbreaking series of Spanish-language audiotapes.
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BB&T da a Conocer Segunda Cinta de Audio en Español Destinada al Segmento Poblacional de más Rápido Crecimiento de la Nación (5/13/2003)
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Como parte de su continuo esfuerzo para llegar al grupo étnico de más rápido crecimiento en Estados Unidos, BB&T dio a conocer hoy la segunda edición de su revolucionaria serie de cintas de audio en idioma español.
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CRC to acquire Southern Cross Underwriters (5/8/2003)
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CRC Insurance Services Inc., the wholesale insurance subsidiary of Branch Banking and Trust Company, today said it plans to buy Jackson, Miss.-based Southern Cross Underwriters Inc.
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BB&T’s net income up 5.8% in 1st quarter; earnings increase 7.0% excluding merger charges (4/14/2003)
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BB&T Corporation reported today first quarter 2003 net income totaling $327.7 million, or $.69 per diluted share.
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BB&T Corporation announces first quarter 2003 earnings conference call (4/7/2003)
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BB&T Corporation, regional financial holding company, will hold its quarterly conference call to discuss first quarter results and 2003 outlook on Monday, April 14, 2003, at 10:00 a.m. Eastern Time (9 a.m. Central Time).
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BB&T Insurance Services to acquire two Kentucky agencies (4/3/2003)
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BB&T Insurance Services today said it plans to buy Kentucky agencies Old Colony Insurance Service (Louisville) Inc. and Cromwell Insurance Agency of Lexington.
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BB&T completes acquisition of SEFCO (4/1/2003)
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BB&T Corporation late Monday completed its acquisition of insurance premium finance company Southeast Fidelity Corporation (SEFCO) of Tallahassee, Fla.
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First Quarter, 2003
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BB&T named one of the nation’s top training organizations (3/20/2003)
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BB&T Corporation today said it has been named to Training magazine’s 2003 “Training Top 100” list, a national survey of organizations that excel at workforce development.
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BB&T reputation rates high, national surveys say (3/19/2003)
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BB&T Corporation’s business reputation has received high marks in recent surveys by Fortune magazine and Rating Research LLC.
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BB&T Completes acquisition of Equitable Bank (3/17/2003)
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BB&T Corporation late Friday completed its acquisition of Wheaton, Md.-based Equitable Bank, expanding BB&T’s presence in several fast growing Maryland suburbs of Washington, D.C.
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BB&T withdraws OTS application in proposed FloridaFirst Bancorp merger (3/17/2003)
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BB&T Corporation today said it has withdrawn its application with the U.S. Office of Thrift Supervision (OTS) for approval to make an offer to buy FloridaFirst Bancorp Inc. BB&T filed the application in November 2002.
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BB&T Corporation declares dividend (2/25/2003)
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The board of directors of BB&T Corporation today declared the 2003 second quarter dividend of $0.29 per share, an 11.5 percent increase over the $0.26 paid in the second quarter of 2002.
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Forbes names BB&T to Platinum 400 list of America’s ‘Best Big Companies’ (1/30/2003)
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BB&T Corporation today said it has been named to the Forbes Platinum 400 – The Best Big Companies in America for the fourth year in a row.
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BB&T offers access to leading e-tax service (1/23/2003)
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| |
BB&T Corporation today announced an agreement with e-finance leader Intuit to offer the company’s popular online tax preparation and filing service.
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BB&T to acquire First Virginia Banks Inc. (1/21/2003)
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BB&T Corporation to buy First Virginia Banks Inc. of Falls Church, Va., in a $3.38 billion stock swap. A conference call to discuss the transaction at 9:30 today can be accessed at http://www.firstcallevents.com/service/ajwz372818612gf12.html
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BB&T Capital Markets named best regional firm for airfreight and surface transportation research (1/14/2003)
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BB&T Capital Markets is the No. 1 regional securities firm in the country when it comes to equity research in the airfreight and surface transportation sector, according to Institutional Investor magazine.
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BB&T’s net income increases 21.3% in 4th quarter; earnings up 33.8% for the year (1/13/2003)
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BB&T Corporation reported today record net income for the fourth quarter of 2002 totaling $337.3 million, an increase of 21.3% compared to $277.9 million earned in the fourth quarter of 2001.
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BB&T Corporation announces fourth quarter earnings call (1/10/2003)
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BB&T CORPORATION, a regional financial holding company, will hold its quarterly conference call to discuss fourth quarter results and 2003 outlook on Monday, January 13, 2003, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).
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BB&T picks Viewpointe for check image archiving (1/8/2003)
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Viewpointe Archive Services, LLC and BB&T Corporation today said that BB&T has signed a long-term agreement to use Viewpointe’s check image archiving technology.
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BB&T ranks first among banks in national survey of home mortgage customer satisfaction (1/6/2003)
|
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BB&T Corporation is second in the nation in home mortgage customer satisfaction, according to J.D. Power. BB&T’s ranking places it first among banks.
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Fourth Quarter, 2002
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BB&T ranks second among banks in Money magazine survey of employee benefits (12/19/2002)
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BB&T Corporation is ranked No. 29 overall in Money magazine’s “Corporate America’s Best Benefits” survey of Fortune 300 companies. BB&T’s ranking places it second among banks in the national magazine’s ninth annual survey.
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BB&T ranked nation’s No. 2 small business-friendly bank (12/17/2002)
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For the fifth year in a row, BB&T Corporation is one of the top two “small business-friendly” financial holding companies in the country, according to the U.S. Small Business Administration.
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BB&T Corporation declares dividend (12/17/2002)
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The board of directors of BB&T Corporation today declared the 2003 first quarter dividend of $0.29 per share, an 11.5 percent increase over the $0.26 paid in the first quarter of 2002.
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BB&T gives federal award money to community development organization (12/11/2002)
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BB&T Corporation today said it has donated a $1.1 million grant from the U.S. Treasury to the nonprofit Center for Community Self-Help, a North Carolina organization that acts as a secondary market for affordable mortgage and small business loans.
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BB&T to acquire Tallahassee, Fla.-based premium finance company (12/4/2002)
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BB&T Corporation today said it plans to buy insurance premium finance company Southeastern Fidelity Corporation (SEFCO) of Tallahassee, Fla., in a stock swap. Terms were not disclosed.
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BB&T Corporation CFO on live webcast from investor conference (12/2/2002)
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BB&T Corporation today said that Chief Financial Officer Scott Reed will address the ninth annual Friedman, Billings Ramsey Group Investor Conference Wednesday at 8:10 a.m.
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BB&T da a conocer grabaciones educativas para clientes hispanos (11/19/2002)
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En un esfuerzo por alcanzar al grupo étnico de mayor crecimiento en los EE.UU., BB&T dio a conocer hoy una primera y totalmente innovadora serie de cintas de audio en idioma español.
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BB&T unveils educational audiotapes for Hispanic clients (11/19/2002)
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In an effort to reach the fastest growing ethnic group in the United States, BB&T today unveiled the first in a groundbreaking series of Spanish-language audiotapes.
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BB&T introduces new credit line for small businesses (11/13/2002)
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The nation’s top small business bank today introduced a new business credit line for small business owners.
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BB&T Corporation president on live webcast from financial services forum (11/12/2002)
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BB&T Corporation today said that President Kelly King will address the Sandler O’Neill 2002 Financial Services Conference Wednesday at 1 p.m.
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First South branches open as BB&T (11/12/2002)
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BB&T Corporation today said that 11 full-service banking offices and 11 mortgage loan production offices of the former Regional Financial Corporation of Tallahassee, Fla., opened as BB&T branches this morning.
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BB&T Asset Management names Henderson as director of core equity (11/7/2002)
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BB&T Asset Management Inc. today said it has named Paige Henderson, CFA, as director of core equity.
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BB&T Insurance Services to acquire Savannah, Ga.-based agency (11/6/2002)
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BB&T Insurance Services today said it plans to expand its Georgia operation with the acquisition of Cranman & Company Inc. of Savannah.
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BB&T Introduces Web-based Reporting for Merchant Clients (11/5/2002)
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BB&T Corporation (NYSE: BBT) today said it has introduced its new Web-based reporting service for merchant clients.
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BB&T and FloridaFirst Bancorp terminate merger agreement — BB&T to file for regulatory clearance for offer (10/31/2002)
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BB&T Corporation and FloridaFirst Bancorp Inc. jointly announced that the agreement entered into on October 2, 2002 has been terminated in response to comments received from the Office of Thrift Supervision (OTS).
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BB&T’s earnings increase 18.5% in 3rd quarter (10/11/2002)
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BB&T Corporation reported today record earnings for the third quarter of 2002 totaling $336.0 million, excluding merger-related charges.
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BB&T Insurance Services to acquire Greenville, S.C.-based agency (10/4/2002)
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BB&T Insurance Services today said it plans to expand its South Carolina operation with the acquisition of Carolina Insurance Consultants Inc. of Greenville.
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BB&T to acquire FloridaFirst Bancorp of Lakeland, Fla. (10/3/2002)
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Building on its new presence in Florida, BB&T Corporation today said it plans to buy Lakeland-based FloridaFirst Bancorp Inc. in a $134.8 million transaction.
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BB&T Insurance Services to acquire Tallahassee, Fla.-based agency (10/1/2002)
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BB&T Insurance Services today said it plans to buy Landrum-Yaeger & Associates Inc. of Tallahassee, Fla. The acquisition would give the nation’s 10th largest insurance broker entry into Florida.
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Third Quarter, 2002
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BB&T Acquires Equitable Bank of Wheaton, Maryland (9/27/2002)
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BB&T to acquire Equitable Bank of Wheaton, Md.
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BB&T to acquire Equitable Bank of Wheaton, Md. (9/27/2002)
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BB&T Corporation today said it plans to buy Equitable Bank of Wheaton, Md., in a $52.6 million stock swap. The acquisition would expand BB&T’s presence in fast-growing Maryland suburbs of Washington, D.C.
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BB&T combines specialty finance companies Rose Shanis and Lendmark (9/24/2002)
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BB&T Corporation today said it has combined specialty lenders Rose Shanis Financial Services LLC and Lendmark Financial Services Inc., to form a regional direct consumer finance company.
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CRC to acquire Piedmont Brokerage Services LLC (9/18/2002)
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CRC Insurance Services Inc., the wholesale insurance subsidiary of Branch Banking and Trust Company, today said it plans to buy professional liability specialist Piedmont Brokerage Services LLC of High Point, N.C.
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BB&T completes acquisition of First South Bank parent Regional Financial Corp. of Tallahassee, Fla. (9/16/2002)
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BB&T Corporation late Friday completed its acquisition of Tallahassee, Fla.-based Regional Financial Corporation, giving BB&T entry into Florida.
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MidAmerica branches open as BB&T (9/16/2002)
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BB&T Corporation today said that 30 branches of the former MidAmerica Bancorp of Louisville, Ky., opened as BB&T banking offices this morning.
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BB&T Asset Management names Robert F. Millikan (9/10/2002)
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BB&T Asset Management Inc. today said it has named Robert F. Millikan, CFA, as senior vice president and director of fixed income portfolio management.
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BB&T Investment Services Inc. debuts new online investing tool (9/3/2002)
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BB&T Investment Services Inc. today said it has introduced a new online service targeted at first-time investors that lets them automatically invest in stocks and index securities.
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Scott & Stringfellow names Robertson as president and chief executive officer (8/27/2002)
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The Scott & Stringfellow Inc. board of directors today named Walter Robertson as president and chief executive officer.
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BB&T Corporation increases dividend (8/27/2002)
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The board of directors of BB&T Corporation today declared the 2002 fourth quarter dividend of $0.29 per share, an 11.5 percent increase over the $0.26 paid in the fourth quarter of 2001.
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BB&T Corporation certifies financial filings as part of SEC order to major public companies (8/14/2002)
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BB&T Corporation on Tuesday filed sworn statements with the Securities and Exchange Commission affirming its 2002 filings.
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AREA Bancshares branches open as BB&T (7/15/2002)
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BB&T Corporation today said that 69 branches of the former AREA Bancshares Corporation of Owensboro, Ky., opened as BB&T banking offices this morning.
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BB&T achieves 23.0% increase in 2nd quarter earnings (7/11/2002)
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BB&T Corporation reported today record earnings for the second quarter of 2002 totaling $329.0 million, or $.68 per diluted share, excluding merger-related charges.
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BB&T completes acquisition of Hunt, DuPree, Rhine & Associates Inc. (7/1/2002)
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BB&T Corporation today completed its acquisition of Hunt, DuPree, Rhine & Associates Inc. of Greenville, S.C.
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Second Quarter, 2002
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BB&T Corporation increases dividend (6/25/2002)
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The board of directors of BB&T Corporation today declared the 2002 third quarter dividend of $0.29 per share, an 11.5 percent increase over the $0.26 paid in the third quarter of 2001.
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Wall Street Journal ranks four BB&T analysts among ‘Best on the Street’ (6/24/2002)
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Facing a turbulent stock market and unprecedented scrutiny, there has never been a more rewarding time for a Wall Street analyst to be labeled “Best on the Street.”
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CRC to acquire American Marketing Center (6/19/2002)
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CRC Insurance Services Inc., the wholesale insurance subsidiary of Branch Banking and Trust Company, today said it plans to buy New York City-based American Marketing Center.
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BB&T names Guillaume as president of its new Louisville Metro Region (6/12/2002)
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BB&T Corporation today said it has named R.K. (Rick) Guillaume as president of its new Louisville Metro Region.
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BB&T names Hess as president of its new Central Kentucky Region (6/12/2002)
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BB&T Corporation (NYSE: BBT) today said it has named F. Lee Hess as president of its new Lexington-based Central Kentucky Region.
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BB&T names Ray as president of its new Western Kentucky Region (6/12/2002)
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BB&T Corporation today said it has named John Ray as president of its new Owensboro-based Western Kentucky Region.
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Morrison to step down as CEO of BB&T’s West Virginia Operations (6/5/2002)
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BB&T today announced that J. Holmes Morrison, chairman and chief executive officer of West Virginia Operations, will relinquish the CEO title on July 5, but will continue to hold several other key positions at the bank.
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BB&T To Acquire First South Bank Parent (5/22/2002)
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BB&T Corporation announces the acquisition of Regional Financial Corporation of Tallahassee, Florida, holding company for First South Bank.
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BB&T to acquire First South Bank parent Regional Financial Corp. of Tallahassee, Fla. (5/22/2002)
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BB&T Corporation today said it plans to buy privately held Regional Financial Corporation of Tallahassee, Fla., in a $274.6 million stock swap. The acquisition would give BB&T entry into Florida.
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BB&T Asset Management names Karlawish as president and chief investment officer (5/20/2002)
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BB&T Asset Management Inc. today said it has named Keith F. Karlawish as president and chief investment officer of the Raleigh-based registered investment advisory firm.
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BB&T introduces Web-based credit card management service (5/16/2002)
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BB&T Corporation today said it has introduced its new online credit card management service.
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Community First Banking branches open as BB&T (5/13/2002)
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BB&T Corporation today said that eight branches of the former Community First Banking Company of Carrollton, Ga., opened as BB&T branches this morning.
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BB&T to acquire Greenville, S.C.-based employee benefits firm (5/7/2002)
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BB&T Corporation today said it plans to buy employee benefits and investment advisory firm Hunt, DuPree, Rhine & Associates Inc. of Greenville, S.C.
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BB&T named ‘Dividend Achiever’ by Mergent (5/2/2002)
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BB&T Corporation today said it has been named a 2002 Dividend Achiever by Mergent, a New York City-based provider of global financial information.
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BB&T Insurance Services to acquire employee benefits agency (5/1/2002)
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BB&T Insurance Services today said it plans to expand its employee benefits operation with the acquisition of Richmond, Va.-based Benefit Consultants of Virginia Inc.
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BB&T completes acquisition of Virginia Investment Counselors Inc. (4/30/2002)
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BB&T Asset Management today completed its acquisition of Norfolk, Va.-based Virginia Investment Counselors Inc.
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BB&T achieves 18.3% growth in first quarter earnings (4/11/2002)
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BB&T Corporation reported today first quarter 2002 earnings totaling $309.2 million, or $.66 per diluted share, excluding nonrecurring items.
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Financial media rank BB&T among nation’s best banks (4/9/2002)
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BB&T is the third highest performing bank in the country, according to Business Week.
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BB&T completes acquisition of The Pfefferkorn Company (4/9/2002)
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Branch Banking and Trust Company, the principal subsidiary of BB&T Corporation, today said it has completed its acquisition of The Pfefferkorn Company based here.
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BB&T introduces online mortgage service (4/4/2002)
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BB&T Corporation today introduced its new Web-based mortgage monitoring service.
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First Quarter, 2002
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BB&T Investment Services, Inc. wins national award (3/25/2002)
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BB&T Investment Services, Inc. today announced that it recently received an Award of Excellence from the Bank Securities Association (BSA).
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BB&T completes acquisition of AREA Bancshares (3/21/2002)
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BB&T Corporation late Wednesday completed its acquisition of Owensboro, Ky.-based AREA Bancshares Corporation, the largest independent bank holding company in Kentucky.
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BB&T appoints new auditor for 2002 (3/20/2002)
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BB&T Corporation today named PricewaterhouseCoopers LLP as its independent auditor for 2002.
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F&M National branches open as BB&T (3/18/2002)
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BB&T Corporation today said that 134 branches of the former F&M National Corporation of Winchester, Va., opened as BB&T branches this morning.
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BB&T completes acquisition of MidAmerica Bancorp (3/11/2002)
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BB&T Corporation late Friday completed its acquisition of Louisville, Ky.-based MidAmerica Bancorp.
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BB&T to acquire Winston-Salem-based mortgage banking firm (3/7/2002)
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Branch Banking and Trust Company today said it has signed a definitive agreement to acquire mortgage banking firm The Pfefferkorn Company based here.
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BB&T names Linton to government liaison post (3/6/2002)
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BB&T Corporation today named A. Patrick Linton as executive vice president for government affairs and public policy.
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BB&T announces share buyback program (2/27/2002)
|
| |
Acting under authority granted by its Board of Directors, BB&T Corporation today announced the approval of a new plan to repurchase up to 40 million shares of its common stock.
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BB&T Corporation declares dividend (2/26/2002)
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The board of directors of BB&T Corporation today declared the 2002 second quarter dividend of $0.26 per share.
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BB&T Insurance Services to acquire Macon, Ga.-based agency (2/20/2002)
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BB&T Insurance Services today said it plans to expand its property and casualty operation with the acquisition of Macon, Ga.-based Kaplan Insurance.
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BB&T to acquire Norfolk, Va.-based investment advisory firm (1/31/2002)
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BB&T Asset Management today announced it would acquire Virginia Investment Counselors Inc. of Norfolk, Va.
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BB&T again offers access to leading e-tax service (1/30/2002)
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| |
BB&T Corporation today announced an agreement with e-finance leader Intuit to offer the company’s popular online tax preparation and filing service for the third year in a row.
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BB&T to acquire McLean, Va.-based brokerage firm (1/28/2002)
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BB&T Corporation today said it has signed a definitive agreement to buy investment banking and brokerage firm Ryan, Lee & Co. Inc. based here.
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BB&T Insurance Services to acquire employee benefits agency (1/14/2002)
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| |
BB&T Insurance Services today said it plans to expand its employee benefits operation with the acquisition of Greensboro, N.C.-based Professional Benefits Management Inc.
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BB&T reports 20th consecutive year of record earnings;4th quarter earnings up 15.3% (1/11/2002)
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| |
BB&T Corporation (NYSE:BBT) reported today results for 2001, the company’s 20th consecutive year of record recurring earnings.
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Fourth Quarter, 2001
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BB&T Corporation declares dividend (12/18/2001)
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The board of directors of BB&T Corporation today declared the 2002 first quarter dividend of $0.26 per share.
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BB&T completes acquisition of Community First (12/13/2001)
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BB&T Corporation late Wednesday completed its acquisition of Carrollton, Ga.-based Community First Banking Company.
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BB&T Insurance Services to acquire Macon, Ga.-based agency (11/29/2001)
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BB&T Insurance Services today said it plans to expand its Georgia operation with the acquisition of O’Neal & Hinson Insurance Services of Macon.
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Century South branches open as BB&T (11/13/2001)
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| |
BB&T Corporation today said that 33 branches of the former Century South Banks Inc. of Alpharetta, Ga., opened as BB&T branches this morning.
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BB&T completes acquisition of The Southeastern Trust Co. (11/9/2001)
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BB&T Corporation completed late Thursday its acquisition of trust and asset management firm The Southeastern Trust Company of Greenville, S.C.
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BB&T to acquire AREA Bancshares Corporation of Owensboro, Ky. (11/8/2001)
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| |
BB&T Corporation today said it plans to buy AREA Bancshares Corporation (Nasdaq: AREA) of Owensboro, Ky., in a $450.6 million stock swap. Area Bancshares is the largest independent bank holding company in Kentucky.
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BB&T to acquire MidAmerica Bancorp of Louisville, Ky. (11/8/2001)
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| |
BB&T Corporation today said it plans to buy MidAmerica Bancorp (AMEX: MAB) of Louisville, Ky., in a $372.4 million transaction. The acquisition, one of two BB&T announced today, would expand BB&T’s presence in the economically vibrant Louisville market.
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BB&T Corporation to merge with Cooney Rikard & Curtin Inc. (11/2/2001)
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BB&T Corporation today announced an agreement in principle to merge with Birmingham, Ala.-based Cooney Rikard & Curtin (CRC) Inc., the largest independently owned wholesale insurance broker in the nation.
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BB&T Insurance Services to acquire Greenville, S.C.-based agency (11/1/2001)
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| |
BB&T Insurance Services today said it plans to expand its South Carolina operation with the acquisition of U.S. Insurance Services Inc. of Greenville.
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Scott & Stringfellow launches CHOICE – A Private Asset Management Solution (10/29/2001)
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Scott & Stringfellow has launched a new private asset management program for high net worth investors called CHOICE.
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BB&T’s 3rd quarter earnings up 14.8% (10/11/2001)
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| |
BB&T Corporation reported today third quarter 2001 earnings totaling $283.5 million, or $.62 per diluted share.
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Laureate Capital to acquire Atlanta mortgage company (10/9/2001)
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| |
Laureate Capital, LLC, a commercial mortgage banking subsidiary of BB&T Corporation, today said it will buy Horizon Mortgage & Investment Company of Atlanta.
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BB&T Corporation to webcast third quarter earnings conference call (10/4/2001)
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| |
BB&T Corporation today said it will announce its third quarter earnings before the market opens on Oct. 11.
|
| |
Third Quarter, 2001
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| |
BB&T introduces Internet-based foreign exchange trading (9/24/2001)
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| |
BB&T International Services today announced its new Internet-based foreign exchange trading system.
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Scott & Stringfellow names Robertson as chief operating officer (9/18/2001)
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| |
Scott & Stringfellow Inc. today named Walter Robertson III as chief operating officer. Robertson, currently executive officer for sales development at BB&T Insurance Services, will assume his new position on Oct. 1.
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FirstSpartan Financial branches open as BB&T (9/17/2001)
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| |
BB&T Corporation today said that eight branches of the former FirstSpartan Financial Corp. of Spartanburg, S.C., opened as BB&T branches this morning.
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Virginia Capital branches open as BB&T (9/17/2001)
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| |
BB&T Corporation today said that four branches of the former Virginia Capital Bancshares of Fredericksburg, Va., opened as BB&T branches this morning.
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BB&T ranked top small business CRA lender in North Carolina (9/4/2001)
|
| |
BB&T Corporation is the No. 1 Community Reinvestment Act (CRA) lender to small businesses in North Carolina, according to a report recently released by the U.S. Small Business Administration.
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BB&T Trust to acquire The Southeastern Trust Company (8/29/2001)
|
| |
BB&T Trust today announced a plan to strengthen its South Carolina trust and asset management capabilities with the acquisition of The Southeastern Trust Company.
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BB&T Corporation declares dividend (8/28/2001)
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| |
The board of directors of BB&T Corporation today declared the 2001 fourth quarter dividend of $0.26 per share.
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BB&T Insurance Services to acquire Savannah, Ga.-based agency (8/23/2001)
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| |
BB&T Insurance Services today said it plans to expand its Georgia operation with the acquisition of transportation industry specialist Lofton and Company Inc. of Savannah.
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BB&T Insurance Services to acquire Virginia Beach, Va.-based agency (8/20/2001)
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| |
BB&T Insurance Services today said it plans to expand its Virginia operation with the acquisition of Lowery D. Finley and Company of Virginia Beach.
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BB&T again ranked nation’s No. 1 small business-friendly bank (8/16/2001)
|
| |
For the second year in a row and third time in the past four years, BB&T Corporation is the No. 1 “small business-friendly” financial holding company in the country, according to a report recently released by the U.S. Small Business Administration.
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BB&T Insurance Services Inc. ranked as nation’s 10th largest broker (8/14/2001)
|
| |
BB&T Insurance Services Inc. is the 10th largest insurance broker in the country, according to Business Insurance magazine.
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BB&T completes acquisition of F&M National (8/10/2001)
|
| |
BB&T Corporation completed late Thursday its acquisition of Winchester, Va.-based F&M National Corporation.
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BB&T announces public offering of Subordinated Notes (7/31/2001)
|
| |
BB&T Corporation announced today the underwritten public offering by the company of $650 million principal amount of its subordinated notes.
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BB&T Funds family adds OVB funds (7/24/2001)
|
| |
BB&T Asset Management, LLC today said that two equity mutual funds and a West Virginia municipal bond fund previously managed as “OVB (One Valley Bank) Funds” have been added to the BB&T Funds family.
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BankFirst Corporation branches open as BB&T (7/16/2001)
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| |
BB&T Corporation today said that 34 branches of the former BankFirst Corporation of Knoxville, Tenn., opened as BB&T branches this morning.
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BB&T reports 15.9% increase in 2nd quarter earnings (7/12/2001)
|
| |
BB&T Corporation reported today second quarter 2001 earnings totaling $255.1 million, or $.60 per diluted share, excluding $24.3 million in after-tax nonrecurring items.
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BB&T to acquire Community First Banking Company of Carrollton, Ga. (7/10/2001)
|
| |
BB&T Corporation today said it plans to buy Community First Banking Company of Carrollton, Ga., in a $128.0 million stock swap that would expand BB&T’s presence in the fast-growing metropolitan Atlanta market.
|
| |
Second Quarter, 2001
|
| |
BB&T completes acquisition of Virginia Capital (6/28/2001)
|
| |
BB&T Corporation completed late Wednesday its acquisition of Fredericksburg, Va.-based Virginia Capital Bancshares.
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BB&T Corporation declares dividend (6/26/2001)
|
| |
The board of directors of BB&T Corporation today declared the 2001 third quarter dividend of $0.26 per share.
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BB&T named West Virginia’s top small business lender (6/12/2001)
|
| |
The nation’s No. 1 “small business-friendly” bank can also lay claim to that title in West Virginia.
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| |
| |
BB&T completes acquisition of Century South Banks (6/8/2001)
|
| |
BB&T Corporation completed late Thursday its acquisition of Alpharetta, Ga.-based Century South Banks Inc.
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| |
Hardwick Holding Co., First Banking Company of Southeast Georgia branches open as BB&T (5/14/2001)
|
| |
BB&T Corporation today said that nine branches of the former Hardwick Holding Company of Dalton, Ga., and 10 branches of the former Statesboro, Ga.-based First Banking Company of Southeast Georgia opened as BB&T branches this morning.
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BB&T reports 16.1% increase in 1st quarter earnings (4/11/2001)
|
| |
BB&T Corporation reported today first quarter 2001 earnings totaling $243.3 million, or $.59 per diluted share, excluding $24.9 million in after-tax nonrecurring items.
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BB&T’s SMART Money Manager combines brokerage and checking accounts into single asset management account (4/10/2001)
|
| |
What have the dollars in your checking account earned for you lately? BB&T today introduced a new product that may help you earn more.
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BB&T Asset Management sees opportunity in stock market, calls for increase in equity exposure (4/3/2001)
|
| |
Despite the stock market’s sharp decline, BB&T Asset Management, LLC, today said it is advising its clients to increase the equity allocation in their capital appreciation portfolios.
|
| |
First Quarter, 2001
|
| |
FCNB Corp branches open as BB&T (3/19/2001)
|
| |
BB&T Corporation today announced that 32 banking offices of the former FCNB Corp of Frederick, Md., opened as BB&T branches this morning.
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| |
BB&T Growth and Income Stock Fund changes name to BB&T Large Company Value Fund (3/13/2001)
|
| |
BB&T Funds, a proprietary mutual fund family, today said it has changed the name of its BB&T Growth and Income Stock Fund to BB&T Large Company Value Fund.
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BB&T introduces new ‘one-stop banking’ package for small businesses (3/6/2001)
|
| |
BB&T Corporation today introduced BB&T Elite Business Account, a new package of banking services designed to meet the unique needs of small business customers.
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| |
BB&T completes acquisition of FirstSpartan Financial (3/5/2001)
|
| |
BB&T Corporation completed late Friday its acquisition of Spartanburg, S.C.-based FirstSpartan Financial Corp.
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BB&T Corporation declares dividend (2/27/2001)
|
| |
The board of directors of BB&T Corporation today declared the 2001 second quarter dividend of $0.23 per share.
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BB&T completes due diligence review of F&M National (2/22/2001)
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BB&T Corporation today said it has completed its due diligence review of F&M National Corporation of Winchester, Va.
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BB&T Factors elects two new board members (2/20/2001)
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BB&T Factors Corporation today announced it has elected two of its employees to the BB&T Factors board of directors.
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BB&T Insurance Services to acquire Stephens & Company Insurance Services Inc. (2/16/2001)
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BB&T Insurance Services today said it plans to expand its metro Atlanta operation with the acquisition of Stephens & Company Insurance
Services Inc. of Kennesaw, Ga.
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BB&T Asset Management’s Intermediate Corporate Bond Fund ranked in Top 10 by Wall Street Journal (2/15/2001)
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BB&T Asset Management, LLC, today announced that its Intermediate Corporate Bond Fund was named by The Wall Street Journal as one of the top 10 performers in its category.
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BB&T receives award from Virginia Museum of Natural History (2/7/2001)
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The Virginia Museum of Natural History today will present BB&T Corporation with the annual William Barton Rogers Corporate Award for its continued support of the Martinsville-based museum’s natural science education and research programs.
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BB&T Corporation to hold investor and analyst conference webcast (2/6/2001)
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BB&T Corporation will host an investor and analyst conference here Thursday from 8:30 a.m. - 4 p.m. (EST).
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BB&T Insurance Services reorganizes board of directors (1/29/2001)
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BB&T Insurance Services today announced it has elected four of its senior-level employees to serve on its board of directors.
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BB&T announces name change at mortgage subsidiary (1/25/2001)
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BB&T Corporation today folded Atlanta-based mortgage banking subsidiary Premier Lending Corp. into its BB&T Mortgage division.
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BB&T to acquire Virginia Capital Bancshares of Fredericksburg, Va. (1/24/2001)
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BB&T Corporation today said it plans to buy Virginia Capital Bancshares Inc. of Fredericksburg, Va., in a $180.5 million stock swap.
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BB&T to acquire F&M National Corporation of Winchester, Va. (1/24/2001)
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BB&T Corporation today said it plans to buy F&M National Corporation of Winchester, Va., in a $1.17 billion stock swap.
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BB&T again offers access to leading e-tax service (1/17/2001)
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BB&T Corporation today announced an agreement with e-finance leader Intuit to offer the company’s popular online tax preparation and filing service for the second year in a row.
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BB&T Insurance Services to acquire Clark Consulting Group Inc. (1/16/2001)
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BB&T Insurance Services Inc. today said it plans to expand its Virginia operation with the acquisition of Roanoke-based Clark Consulting Group Inc.
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BB&T reports record earnings for 2000; 4th quarter earnings per share up 18.4% (1/12/2001)
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BB&T Corporation reported today record results for 2000, the company’s 19th consecutive year of record recurring earnings.
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BB&T completes acquisition of FCNB Corp (1/9/2001)
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BB&T Corporation completed late Monday its acquisition of Frederick, Md.-based FCNB Corp.
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BB&T named IOLTA Bank of the Year (1/4/2001)
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BB&T was recently named Bank of the Year by the North Carolina IOLTA (Interest on Lawyers’ Trust Accounts) board of trustees for its commitment to the North Carolina IOLTA program.
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Fourth Quarter, 2000
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BB&T completes acquisition of BankFirst Corporation (12/28/2000)
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BB&T Corporation completed late Wednesday its acquisition of Knoxville, Tenn.-based BankFirst Corporation.
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FCNB shareholders approve merger with BB&T (12/21/2000)
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Shareholders of FCNB Corp today overwhelmingly approved a proposed merger with BB&T Corporation. The transaction is scheduled to close Jan. 8.
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BB&T Corporation declares dividend (12/19/2000)
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The board of directors of BB&T Corporation today declared the 2001 first quarter dividend of $0.23 per share.
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BB&T to acquire Century South Banks of Alpharetta, Ga. (12/5/2000)
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BB&T Corporation today said it plans to buy Century South Banks Inc. of Alpharetta, Ga., in a $428.2 million stock swap.
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BB&T completes acquisition of Edgar M. Norris & Co. (11/16/2000)
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BB&T Corporation completed late Wednesday its acquisition of brokerage firm Edgar M. Norris & Co. Inc. of Greenville, S.C.
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One Valley branches open as BB&T (11/13/2000)
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BB&T Corporation today announced that 118 branches of the former One Valley Bancorp of Charleston, W.Va., opened as BB&T branches this morning.
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BB&T receives Gold Well Workplace Award (11/2/2000)
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BB&T Corporation today received the Gold Well Workplace Award, the highest national award from the Wellness Councils of America.
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BB&T creates new asset management subsidiary (11/1/2000)
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BB&T Corporation has formed a subsidiary to manage customized investment portfolios for affluent individuals and businesses.
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BB&T named ‘Dividend Achiever’ by Mergent FIS (10/31/2000)
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BB&T Corporation has been named a “Dividend Achiever” by Mergent FIS, formerly the Financial Information Services division of Moody’s Investors Service.
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BB&T announces share buyback program (10/26/2000)
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| |
Acting under authority granted by its board of directors, BB&T Corporation today announced the approval of a new plan to repurchase up to 20 million shares of its common stock.
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BB&T Insurance Services to enter metro Nashville (10/16/2000)
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BB&T Insurance Services Inc. today said it plans to buy Thornton & Harwell Agency Inc. of Brentwood, Tenn., in a transaction that would give BB&T its first insurance presence in Tennessee.
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BB&T achieves 16.3% growth in third quarter earnings (10/12/2000)
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BB&T Corporation reported today that earnings for the third quarter of 2000 totaled $225.0 million excluding merger-related charges and losses resulting from restructuring the securities portfolio.
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Scott & Stringfellow announces new director of recruiting (10/4/2000)
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Scott & Stringfellow announced today that Dane R. Eckert has joined the firm as senior vice president and director of recruiting for the Private Client Group.
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BB&T completes acquisition of Laureate Capital Corp. (10/3/2000)
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BB&T Corporation completed late Friday its acquisition of commercial mortgage banking firm Laureate Capital Corp. of Charlotte, N.C.
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BB&T introduces Business Check Card (10/2/2000)
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BB&T Corporation today introduced its BB&T Business Check Card, a convenient payment product designed for small businesses.
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Third Quarter, 2000
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BB&T to acquire Greenville, S.C.-based brokerage firm (9/26/2000)
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| |
BB&T Corporation today said it has signed a definitive agreement to buy brokerage firm Edgar M. Norris & Co. Inc. of Greenville, S.C.
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BB&T to acquire FirstSpartan Financial Corp. of Spartanburg, S.C. (9/6/2000)
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BB&T Corporation today said it plans to buy FirstSpartan Financial Corp. of Spartanburg, S.C., in a $103.9 million stock swap.
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Wall Street Journal includes four BB&T analysts on its 'Best on the Street' roster (8/28/2000)
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Four research analysts with BB&T Capital Markets are among the “Best on the Street,” according to The Wall Street Journal.
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BB&T to acquire BankFirst Corp. of Knoxville, Tenn. (8/23/2000)
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BB&T Corporation today said it plans to buy BankFirst Corporation of Knoxville, Tenn., in a $149.7 million stock swap.
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BB&T Corporation declares dividend (8/22/2000)
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The board of directors of BB&T Corporation today declared the 2000 fourth quarter dividend of $0.23 per share.
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BB&T ranked nation’s No. 1 small business-friendly bank (8/16/2000)
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| |
For the second time in the past three years, BB&T Corporation is the No. 1 “small business-friendly” financial holding company in the country, according to a study recently released by the U.S. Small Business Administration.
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BB&T Insurance Services to acquire Martinsville, Va.-based agency (8/16/2000)
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| |
BB&T Insurance Services Inc. today said it plans to expand its Virginia operation with the acquisition of Martinsville-based Poindexter and Associates Inc., a health insurance and employee benefits agency.
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BB&T to acquire commercial mortgage banking firm (8/15/2000)
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| |
BB&T Corporation today said it has signed a definitive agreement to buy commercial mortgage banking firm Laureate Capital Corp. of Charlotte, N.C.
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BB&T Insurance Services to acquire Roanoke, Va.-based Chaney Thomas agencies (8/14/2000)
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| |
BB&T Insurance Services Inc. today said it plans to expand its Virginia operation with the acquisition of independent agencies Chaney, Thomas, Stephenson & Hill Inc. and Chaney, Thomas and Sarsfield Inc., both based in Roanoke.
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BB&T to acquire Frederick, Md.-based FCNB Corp (7/27/2000)
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| |
BB&T Corporation today said it plans to buy FCNB Corp (Nasdaq: FCNB) of Frederick, Md., in a $226.5 million stock swap. The acquisition would expand BB&T’s presence in central Maryland and the fast-growing Washington, D.C., corridor.
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BB&T Insurance Services to acquire Research Triangle Park-based agency (7/19/2000)
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| |
BB&T Insurance Services Inc. today said it plans to expand its North Carolina operation with the acquisition of Asura Corporation, an independent agency based in Research Triangle Park near Raleigh.
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BB&T introduces Internet-based cash management service (7/18/2000)
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BB&T Corporation today introduced its new Internet-based cash management service.
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Premier and First Citizens branches to open as BB&T (7/17/2000)
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| |
BB&T Corporation today announced that 45 branches of the former Premier Bancshares Inc. and First Citizens Corp., both based in metropolitan Atlanta, opened as BB&T branches this morning.
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BB&T reports 15.4% increase in 2nd quarter earnings (7/12/2000)
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| |
BB&T Corporation reported today second quarter 2000 earnings totaling $193.7 million, or $.54 per diluted share.
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BB&T introduces new bundled checking package (7/10/2000)
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| |
BB&T Corporation today launched its new Plus Package, a revamped checking product offering an array of extra benefits ranging from vision care to custom trip routing.
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BB&T completes acquisition of One Valley Bancorp (7/7/2000)
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BB&T Corporation completed late Thursday its acquisition of Charleston, W.Va.-based One Valley Bancorp Inc.
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BB&T promotes Ward to Marketing, Public Relations manager (7/5/2000)
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| |
BB&T Corporation has promoted Dick Ward to executive vice president and Marketing and Public Relations manager. Ward, who joined the bank in 1989, is based at the University Corporate Center at 1100 Reynolds Blvd.
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Second Quarter, 2000
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| |
BB&T Corporation approved for financial holding company status (6/29/2000)
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| |
BB&T Corporation (NYSE: BBT) has received approval from the Federal Reserve to convert from a bank holding company to a financial holding company under the Gramm-Leach-Bliley Act.
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BB&T Corporation declares dividend (6/27/2000)
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The board of directors of BB&T Corporation today declared the 2000 third quarter dividend of $0.23 per share.
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BB&T Insurance Services to buy Georgia-based agency (6/20/2000)
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BB&T Insurance Services Inc. said today it will expand its Georgia operation with the acquisition of independent agency Pruden Risk Management Inc. of Dalton, Chatsworth and Alpharetta.
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One Valley shareholders approve merger with BB&T (6/19/2000)
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| |
Shareholders of One Valley Bancorp Inc. today approved a proposed merger with BB&T Corporation. The transaction is scheduled to close July 6.
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BB&T completes acquisition of First Banking Company of Southeast Georgia (6/16/2000)
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BB&T Corporation completed late Thursday its acquisition of Statesboro, Ga.-based First Banking Company of Southeast Georgia.
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BB&T completes acquisition of Hardwick Holding Co. (6/14/2000)
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BB&T Corporation completed late Tuesday its acquisition of Dalton, Ga.-based Hardwick Holding Company.
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First Liberty Financial branches to open as BB&T (5/19/2000)
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| |
BB&T Corporation today announced that 38 branches of the former First Liberty Financial Corp. of Macon, Ga., will open as BB&T branches Monday morning.
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BB&T names Bradley as Electronic Delivery Systems manager (4/21/2000)
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| |
Bennett Bradley named as BB&T Electronic Delivery Systems Manager.
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Matewan BancShares branches to open as BB&T (4/14/2000)
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| |
BB&T Corporation today announced that 22 branches of the former Matewan BancShares Inc. of Williamson, W.Va., will open as BB&T branches Monday morning.
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BB&T reports 10.7% increase in 1st quarter earnings (4/11/2000)
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BB&T reports 10.7% increase in 1st quarter earnings.
|
| |
First Quarter, 2000
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| |
Mason-Dixon Bancshares branches to open as BB&T (3/17/2000)
|
| |
BB&T Corporation today announced that 21 branches of the former Mason-Dixon Bancshares Inc. of Westminster, Md., will open as BB&T branches Monday morning.
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BB&T Investment Services to offer fixed annuity product (3/1/2000)
|
| |
BB&T Investment Services Inc. today introduced a fixed annuity that offers the security and faster growth potential of tax-deferred investing.
|
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BB&T Corporation declares dividend (2/22/2000)
|
| |
The board of directors of BB&T Corporation today declared the 2000 second quarter dividend of $0.20 per share.
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BB&T offers access to on-line tax preparation and filing service (2/9/2000)
|
| |
BB&T Corporation announced an agreement with e-finance leader Intuit to offer access to the company’s on-line tax preparation and filing service.
|
| |
| |
BB&T to acquire One Valley Bancorp (2/7/2000)
|
| |
BB&T Corporation and One Valley Bancorp Inc. of Charleston, W.Va., announced an agreement that will combine two of the country’s highest performing bank holding companies and give BB&T the No. 1 market share in West Virginia.
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BB&T completes acquisition of Premier Bancshares (1/14/2000)
|
| |
BB&T Corporation has completed its acquisition of Atlanta-based Premier Bancshares Inc. in a $501 million transaction.
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| |
BB&T reports record earnings for 1999; fourth quarter earnings increase 19.3% (1/12/2000)
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| |
BB&T reports record earnings for 1999; fourth quarter earnings increase 19.3%.
|
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BB&T passes initial Y2K test (1/1/2000)
|
| |
BB&T Corporation passed its initial Y2K wellness check with no major problems related to the date change.
|
| |
Fourth Quarter, 1999
|
| |
BB&T names Wilson to Executive Management team (12/22/1999)
|
| |
BB&T Corporation named Leon Wilson, operations division manager since 1988, to the BB&T Executive Management group.
|
| |
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BB&T to acquire First Banking Company (12/15/1999)
|
| |
BB&T Corporation will buy Statesboro, Ga.-based First Banking Company of Southeast Georgia in a $124.2 million stock swap. It is BB&T’s fifth acquisition of a Georgia bank this year and will increase the bank’s assets in Georgia to $5 billion.
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BB&T Corporation declares dividend (12/14/1999)
|
| |
The board of directors of BB&T Corporation declared the 2000 first quarter dividend of $0.20 per share.
|
| |
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BB&T completes acquisition of First Liberty Financial (11/22/1999)
|
| |
BB&T Corporation completed its acquisition of Macon, Ga.-based First Liberty Financial Corp.
|
| |
| |
BB&T to acquire Dalton, Ga.-based Hardwick Holding Co. (11/17/1999)
|
| |
BB&T announces its fourth acquisition in Georgia this year with the $138.7 million proposed purchase of Hardwick Holding Company.
|
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BB&T mutual fund earns S&P 'Select' rating (11/3/1999)
|
| |
Standard & Poor's has included a BB&T mutual fund in its elite "Select Funds" group.
|
| |
| |
BB&T reports 14.6% earnings growth in 3rd quarter (10/12/1999)
|
| |
BB&T reports earnings for the third quarter of 1999 totaling $160.8 million, or $.50 per diluted share.
|
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BB&T offers prepaid phone cards at ATMs (10/8/1999)
|
| |
BB&T offers prepaid phone cards at ATMs across the Carolinas, Virginia, Maryland and Washington, D.C.
|
| |
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BB&T introduces new ‘one-stop banking’ service for small businesses (10/6/1999)
|
| |
BB&T announces BusinessSense, a package of services designed specifically for small business customers.
|
| |
| |
BB&T introduces business on-line banking service (10/5/1999)
|
| |
BB&T announces on-line banking and bill paying services for small business customers.
|
| |
Third Quarter, 1999
|
| |
Newcomen Society to honor BB&T and CEO Allison (9/13/1999)
|
| |
BB&T and its chairman and CEO, John Allison, will be honored by The Newcomen Society, a group that promotes free enterprise success nationwide.
|
| |
| |
Auto Allies and AAA Carolinas announce partnership (9/7/1999)
|
| |
Auto Allies, a subsidiary of BB&T Corporation, and AAA Carolinas have teamed up to help consumers find, buy and list vehicles on the Internet.
|
| |
| |
BB&T Insurance Services to buy two Georgia-based agencies (9/2/1999)
|
| |
BB&T Insurance expands in Georgia with the acquisition of Ingram-McDaniel & Associates of Thomaston and Macon Insurance Associates of Macon.
|
| |
| |
BB&T Insurance Services to buy Lumberton agency (8/30/1999)
|
| |
BB&T Insurance announced today it will buy The Kay Company, a 62-year-old agency based in Lumberton, N.C.
|
| |
| |
BB&T completes acquisition of Matewan BancShares (8/30/1999)
|
| |
BB&T expands into West Virginia and eastern Kentucky with the completion of its acquisition of Matewan BancShares.
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| |
| |
BB&T Corporation declares dividend (8/24/1999)
|
| |
BB&T declares a 1999 fourth quarter dividend of $0.20 per share, a 14.3 percent increase over the fourth quarter of 1998.
|
| |
| |
BB&T to acquire Atlanta-based Premier Bancshares (7/28/1999)
|
| |
BB&T Corporation (NYSE: BBT) will buy Premier Bancshares Inc. (NYSE: PMB) of Atlanta in a $624.1 million stock swap that will give BB&T its third Georgia bank and the sixth largest share of deposits in metropolitan Atlanta.
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BB&T’s D.C. Metro Region creates Government and Technology Services Group (7/23/1999)
|
| |
BB&T sets up a division to serve technology service firms that contract with government agencies in the Washington, D.C., area.
|
| |
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MainStreet Financial branches to open as BB&T (7/16/1999)
|
| |
Forty-one branches of Martinsville, Va.-based MainStreet Financial will open Monday, July 19, as BB&T.
|
| |
| |
BB&T completes acquisition of Mason-Dixon Bancshares (7/15/1999)
|
| |
BB&T increases asset size to $2.5 billion in Maryland with $234.3 million acquisition of Westminster-based bank holding company.
|
| |
| |
BB&T Insurance Services to buy Morehead City agency (7/14/1999)
|
| |
BB&T Insurance Services acquires Beam, Cooper, Gainey & Associates Inc., a N.C. insurance agency with offices in Morehead City, Greenville, Louisburg and Emerald Isle.
|
| |
| |
BB&T introduces new suite of Internet banking services (7/14/1999)
|
| |
BB&T announces four new on-line products, giving customers the option to bank via the Internet or connect directly to their accounts from a PC.
|
| |
| |
BB&T achieves 19.3% increase in 2nd quarter earnings (7/13/1999)
|
| |
BB&T reports second quarter 1999 earnings of $152.8 million, a 19.3% increase over second quarter of 1998.
|
| |
| |
BB&T completes acquisition of First Citizens Corp. (7/12/1999)
|
| |
BB&T Corporation completed late Friday its acquisition of Newnan, Ga.-based First Citizens Corp.
|
| |
| |
Celanese honors BB&T for third consecutive year (7/9/1999)
|
| |
BB&T International is recognized with a special award from worldwide manufacturer Celanese-Acetate Inc.
|
| |
| |
BB&T opens commercial loan office in Atlanta (7/1/1999)
|
| |
BB&T opens a commercial loan office in Atlanta and names Tasia Katapodis as its city executive.
|
| |
Second Quarter, 1999
|
| |
BB&T Corporation declares dividend (6/22/1999)
|
| |
BB&T's board of directors declares a 1999 third quarter dividend of $0.20 per share.
|
| |
| |
BB&T Insurance Services to buy Virginia agency (5/27/1999)
|
| |
RALEIGH, N.C. – BB&T Insurance Services Inc., a subsidiary of Branch Banking & Trust Company, said today it will buy G.C. Wright Co. Inc., a Petersburg, Va.-based independent insurance agency.
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| |
| |
BB&T Investment Services Inc. introduces Internet trading (5/13/1999)
|
| |
CHARLOTTE, N.C. – BB&T Investment Services Inc. today introduced an Internet trading service that lets customers make stock and mutual fund trades whenever they want.
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| |
| |
Scott & Stringfellow, Craigie Inc. merge to form BB&T investment banking and brokerage subsidiary (5/6/1999)
|
| |
BB&T's two Richmond, Va.-based securities affilliates merge to form a full-service investment banking and brokerage firm.
|
| |
| |
BB&T to acquire First Liberty Financial Corp. of Macon, Ga. (4/28/1999)
|
| |
BB&T announced it will acquire First Liberty Financial Corp. of Macon, Ga., for $500 million.
|
| |
| |
BB&T announces share buyback program (4/28/1999)
|
| |
BB&T announced a plan to repurchase up to 10 million shares of its common stock.
|
| |
| |
BB&T and Matewan announce renegotiation (4/27/1999)
|
| |
BB&T and Matewan BancShares of Williamson, W.Va., announced the renegotiation of their merger agreement.
|
| |
| |
‘Operation Shipshape’ brings in $6.2 million for repairs, renovations to USS North Carolina (4/26/1999)
|
| |
'Operation Shipshape' soared well past the $5 million fund-raising goal for the USS North Carolina.
|
| |
| |
BB&T Insurance Services to buy Virginia agency (4/21/1999)
|
| |
BB&T Insurance Services announced it will acquire E.W. Barger & Co., an independent insurance agency based in Waynesboro, Va.
|
| |
| |
BB&T introduces Money Market Mutual Fund Sweep Service (4/21/1999)
|
| |
BB&T has introduced an investment sweep service allowing small businesses to place excess funds in money market mutual funds.
|
| |
| |
BB&T Insurance Services to enter metro Washington, D.C. (4/19/1999)
|
| |
BB&T Insurance Services announced it will acquire Givens & Williams, an independent insurance agency in Fairfax, Va.
|
| |
| |
BB&T Insurance Services grows in Greensboro (4/14/1999)
|
| |
BB&T Insurances Services announced it will combine its business with Mays Insurance of Greensboro, N.C.
|
| |
| |
BB&T reports 17.7% increase in 1st quarter earnings (4/12/1999)
|
| |
BB&T reports first quarter 1999 earnings of $148.8 million, a 17.7% increase from first quarter 1998.
|
| |
| |
BB&T, Matewan announce extension of agreement date (4/9/1999)
|
| |
BB&T and Matewan extended the due dilligenge period in the reorganization agreement between the two companies.
|
| |
First Quarter, 1999
|
| |
BB&T completes acquisition of Scott & Stringfellow (3/26/1999)
|
| |
BB&T Corporation completed its $145.5 million acquisition of Scott & Stringfellow Financial Inc.
|
| |
| |
Business Week ranks BB&T nation's No. 2 bank (3/25/1999)
|
| |
BB&T is the second highest performing bank holding company in the country, according to Business Week magazine.
|
| |
| |
BB&T Insurance Services to buy Virginia agency (3/15/1999)
|
| |
BB&T Insurance Services announces it will buy Old Dominion Insurance Services, an independent agency with three offices in southwestern Virginia.
|
| |
| |
BB&T completes acquisition of MainStreet Financial (3/8/1999)
|
| |
BB&T completed late Friday, March 5, its acquisition of Mainstreet Financial Corp. of Martinsville, Va.
|
| |
| |
BB&T to acquire Matewan BancShares of Williamson, W.Va. (2/25/1999)
|
| |
BB&T announces it will acquire Matewan BancShares of Williamson, W.Va.
|
| |
| |
BB&T Corporation declares dividend (2/23/1999)
|
| |
BB&T's Board of Directors declares a dividend for the second quarter of 1999.
|
| |
| |
Franklin Bancorporation branches to open as BB&T (2/19/1999)
|
| |
All 10 metro-D.C. branches of Franklin National Bank will open as BB&T branches on Monday, Feb. 22.
|
| |
| |
BB&T Insurance Services to buy metro-Atlanta agency (2/17/1999)
|
| |
BB&T Insurance Services announced today that it will buy Huffines-Russell Insurance Agency of Alpharetta, Ga., giving BB&T its first insurance agency in Georgia.
|
| |
| |
BB&T to acquire Mason-Dixon Bancshares (1/28/1999)
|
| |
BB&T announced today that it will acquire Mason-Dixon Bancshares of Westminster, Md., the parent company of Carroll County Bank and Trust and Bank of Maryland.
|
| |
| |
BB&T To Acquire First Citizens Corp. Of Metro Atlanta (1/27/1999)
|
| |
BB&T announced today that it will acquire First Citizens Corporation of Newnan, Ga., BB&T's first entry into Georgia.
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| |
| |
BB&T announces share buyback (1/26/1999)
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BB&T announced today a new plan to repurchase shares of its common stock in connection with the proposed acquisition of MainStreet Financial Corporation of Martinsville, VA.
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BB&T reports record earnings for 1998; Recurring net income increases 19.7% (1/13/1999)
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BB&T today reported record earnings for 1998, totaling $512.8 million, or $1.75 per diluted share. For the fourth quarter of 1998, BB&T's net income totaled $136.5 million, an increase of 18.8% over 1997.
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Fourth Quarter, 1998
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BB&T Corporation to trade under BBT symbol (12/17/1998)
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Shares of BB&T Corporation (NYSE:BBK) common stock will begin trading on the New York Stock Exchange under the new symbol, BBT, effective 9:30 a.m., Monday, Jan. 4, 1999.
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BB&T Corporation declares dividend (12/15/1998)
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On Dec. 15, BB&T declared its 1999 first quarter dividend of $.175, which represents a 12.9 percent increase over the first quarter of 1998.
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BB&T improves 24-hour banking service (12/7/1998)
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BB&T today launched an upgraded 24-hour banking service, called BB&T Phone24, that combines automated telephone banking with a 24-hour staff at 1-800-BANK-BBT (226-5228).
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BB&T Insurance Services buys W-S/Mt. Airy agency (12/4/1998)
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Today BB&T Insurance Services announced the acquisition of Blue Ridge Burke Insurance, an agency with offices in Winston-Salem and Mt. Airy, N.C.
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Maryland Federal branches to open as BB&T on Monday (11/13/1998)
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BB&T will convert Maryland Federal branches this weekend.
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BB&T reports 24.3% increase in 3rd quarter earnings per share (10/13/1998)
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BB&T Corporation announces earnings for the third quarter of 1998.
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BB&T completes acquisition of Maryland Federal Bancorp (10/1/1998)
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BB&T has completed its acquisition of Maryland Federal of Hyattsville, Md.
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BB&T Insurance Services buys segment of personal lines business, Morganton office from Charlotte-based agency (10/1/1998)
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BB&T announces an agreement with Cameron M. Harris & Co.
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Third Quarter, 1998
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BB&T to repurchase shares for Scott & Stringfellow transactions (9/17/1998)
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BB&T Corp. has announced that it intends to repurchase shares of its common stock for reissue in connection with the proposed acquisition of Scott & Stringfellow.
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BB&T to acquire MainStreet of Martinsville, Va. (8/27/1998)
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BB&T Corporation and MainStreet Financial Corporation of Martinsville, Va.announce a merger agreement.
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BB&T Corporation declares dividend (8/25/1998)
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The board of directors of BB&T Corporation declare the 1998 fourth quarter dividend.
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BB&T earns 1998 community partnership award (8/18/1998)
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BB&T has received the 1998 Federal Home Loan Bank System CommunityPartnership Award.
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Life Savings Bank branches to open as BB&T (8/14/1998)
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Life Savings Bank branches will open as BB&T on Monday, Aug. 17, 1998.
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BB&T to acquire Scott & Stringfellow (8/10/1998)
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BB&T Corporation and Richmond, Va.-based Scott & Stringfellow Financial Inc. announced today an agreement that will significantly increase BB&T's presence in investment banking and retail brokerage.
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BB&T reports 19.8% increase in 2nd quarter earnings (7/10/1998)
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BB&T Corporation reported that earnings for the second quarter of 1998 totaled $122 million.
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BB&T completes acquisition of Franklin Bancorporation (7/2/1998)
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The transaction marks BB&T's first entry into the metro D.C. market.
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BB&T completes acquisition of W. E. Stanley & Company Inc. (7/1/1998)
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The acquisition was completed June 30.
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Second Quarter, 1998
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BB&T announces stock split and increase in cash dividend (6/23/1998)
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The board of directors of BB&T Corporation announces a 2-for-1 stock split of the company's common stock and a 12.9% increase in the quarterly cash dividend.
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BB&T software makes loan application (6/12/1998)
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BB&T announces the release of "Easy Answers," a free interactive computer program designed to help small business owners.
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BB&T buys employee benefits consulting company (6/2/1998)
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BB&T buys employee benefits consulting company.
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BB&T is No. 1 (5/28/1998)
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Among the 57 largest banks in the U.S., BB&T Corporation ranks as the top "small business friendly" bank holding company, according to the study by the SBA's Office of Advocacy.
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BB&T buys lawn equipment finance company (5/18/1998)
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BB&T Corporation announces its acquisition of Dealers Credit Inc., a national finance company based in Menomonee Falls, Wis., that specializes in loans for lawn care equipment.
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Fidelity Federal, Virginia First to open as branches of BB&T on Monday (4/17/1998)
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Thirty branches of Virginia First Savings Bank of Petersburg and Fidelity Federal Savings Bank of Richmond will open as branches of BB&T on Monday, April 20.
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BB&T reports 20% increase in 1st quarter earnings (4/13/1998)
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BB&T Corporation reports its first quarter 1998 earnings.
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BB&T Trust opens Richmond office, names Williams as manager (4/8/1998)
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BB&T Corporation announces the opening of a BB&T Trust office in Richmond, Va.
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First Quarter, 1998
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BB&T forms small business and middle market investment group (3/30/1998)
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BB&T Corporation announces the formation of BB&T Capital Partners LLC.
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BB&T Insurance Services buys Charlotte agency (3/26/1998)
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BB&T Insurance Services, Inc. has agreed to purchase McPhail, Bray, Murphy & Allen, Inc., an independent insurance agency located in Charlotte.
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BB&T names Kellett to Executive Management team (3/6/1998)
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BB&T Corporation has named Sherry A. Kellett as the eighth member of its Executive Management group.
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BB&T mutual fund gets top rating (3/4/1998)
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Morningstar rated the BB&T Growth and Income Stock Fund, Trust shares, five stars on a scale of one to five.
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BB&T Corporation completes Life Bancorp acquisition (3/2/1998)
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BB&T completed March 1 its acquisition of Life Bancorp Inc. of Norfolk, Va.
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BB&T to acquire Maryland Federal Bancorp, Inc. (2/25/1998)
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BB&T Corporation will acquire Maryland Federal Bancorp, Inc. of Hyattsville, Md.
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BB&T Insurance Services buys Virginia agency (2/11/1998)
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BB&T Insurance Services Inc. today announced an agreement in principle to buy W.C. Brown Insurance Services Inc. of Rocky Mount, Va.
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BB&T reports record 1997 earnings; recurring earnings per share increase 17% (1/14/1998)
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BB&T Corporation reports record 1997 earnings.
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Fourth Quarter, 1997
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BB&T Insurance Services moves into Virginia with purchase of Richmond agency (12/22/1997)
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BB&T Insurance Services has agreed to buy DeJarnette & Paul Inc., an independent insurance agency located in Richmond, Va.
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BB&T Corporation declares dividend (12/17/1997)
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BB&T Corp. announces its 1998 first quarter dividend.
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BB&T to acquire Franklin Bancorporation Inc. of D.C. (12/16/1997)
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BB&T Corp. announces its acquisition of Franklin Bancorporation of Washington, D.C.
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BB&T added to S&P 500 index, stock surges (12/3/1997)
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Standard and Poor's Financial Information Services will add BB&T Corporation to the S&P 500 index.
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BB&T completes acquisition of Virginia First Financial (12/2/1997)
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BB&T Corporation (NYSE: BBK) completed today the acquisition of Virginia First Financial Corporation of Petersburg, Va., in a cash and stock transaction valued at $152.2 million.
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BB&T earns federal award, gives money to community development organization (12/1/1997)
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BB&T Corporation has received a Bank Enterprise Award (BEA) of $330,000 from the U.S. Department of the Treasury as a part of the Community Development Financial Institutions (CDFI) Fund.
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BB&T to acquire Life Bancorp, Inc. of Norfolk, Va. (10/29/1997)
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BB&T Corporation announced today that a definitive agreement has been executed to acquire Life Bancorp, Inc.
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BB&T introduces new annuity product for investors (10/27/1997)
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BB&T is offering a new proprietary variable annuity that provides investors tax-deferred growth potential and exposure to stock market returns.
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BB&T Leasing opens full-service office in Greensboro (10/20/1997)
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BB&T Leasing Corporation, a subsidiary of BB&T Corporation, has announced the opening of a full-service office at 1310 Battleground Ave.
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BB&T's third quarter earnings before nonrecurring charges increase 16.9% (10/10/1997)
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BB&T Corporation reports its third quarter earnings.
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BB&T completes acquisition of Craigie Incorporated (10/2/1997)
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BB&T Corporation has completed its acquisition of Craigie Inc. of Richmond, Va.
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Third Quarter, 1997
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BB&T to convert UCB systems this weekend (9/19/1997)
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BB&T will convert UCB's data processing systems this weekend.
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BB&T Corporation declares dividend (8/27/1997)
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BB&T Corp. declares its fourth quarter dividend.
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BB&T video wins Telly award (8/26/1997)
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BB&T's Community Development Department is the recipient of a 1997 Telly award.
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BB&T completes divestiture to Centura and Triangle (8/18/1997)
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BB&T completes its divestiture of 23 branches as part of its merger with UCB.
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Ernsberger named president and CEO of Farr Associates (8/15/1997)
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Mark Ernsberger has been named president and CEO of Farr Associates, Inc., a behavioral sciences consulting company located in Greensboro. BB&T Corp. is majority owner of the firm.
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BB&T's affinity bankcard holders can earn free flights with no blackout periods (8/8/1997)
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BB&T introduces the Boarding Pass Travel Program to affinity bankcard customers.
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BB&T Corporation completes Sheffield acquisition (8/7/1997)
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BB&T Corporation announced today that it has completed its acquisition of Refloat Inc. of Mount Airy, N.C., and its principal subsidiary, Sheffield Financial Corp.
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Baldwin named manager of BB&T's new call center (8/5/1997)
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Tom E. Baldwin has been named director of BB&T's new call center.
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N.C. awards state 401(k) contract to BB&T (7/31/1997)
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BB&T is awarded the third-party administration of N.C.'s 401(k) plan.
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BB&T reports record earnings (7/11/1997)
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Earnings per share increase 15.2% for the 1st six months.
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BB&T gives small business easier 'Access' to funds (7/1/1997)
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BB&T introduces its new small business product, BB&T Business ChoiceLine.
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Second Quarter, 1997
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ASU vice chancellor named BB&T director (6/27/1997)
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BB&T has named Jane Helm as its newest corporate board member.
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BB&T Corporation declares dividend (6/24/1997)
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BB&T Corp. declares its third quarter dividend.
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BB&T and UCB branches to be divested to Centura and Triangle (5/21/1997)
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BB&T and UCB announce plans to divest 23 branches to Centura Bank and Triangle Bank.
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Bank holding company to be renamed BB&T Corporation (5/16/1997)
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Southern National Corporation will become BB&T Corporation.
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BB&T earns national/state awards for low-income housing project (5/7/1997)
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A national community development organization today named BB&T as one of eight winners in its 1997 Outstanding Community Investment Awards competition.
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Southern National to acquire Virginia First Financial (5/6/1997)
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SNC will acquire Virginia First Financial Corporation of Petersburg, Va.
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Southern National to acquire Craigie Incorporated (5/1/1997)
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SNC will purchase Craigie Incorporated, an investment banking firm headquartered in Richmond, Va.
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Shareholders approve Southern National, UCB merger (4/22/1997)
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Shareholders approve the merger of SNC and UCB as well as a change in the name of the holding company from Southern National Corporation to BB&T Corporation.
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BB&T makes on-line breakthrough for small business banking (4/15/1997)
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BB&T introduces BB&T Business OnLine, one of the first business on-line banking programs released in the Southeast.
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Southern National reports first quarter increase of 15.6% (4/11/1997)
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Southern National Corporation reports its first quarter earnings.
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First Quarter, 1997
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BB&T Life Insurance Sales Center takes the hassle out of buying insurance (3/21/1997)
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BB&T announces the opening of its new Life Insurance Sales Center.
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Shareholders will consider Southern National name change (3/19/1997)
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Shareholders will consider changing the name of the holding company to BB&T Corporation.
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UCB operations center to close (3/14/1997)
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UCB's Monroe operations center will close following the completion of its merger with Southern National Corporation.
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BB&T and McDonald's align to raise money for charity (3/11/1997)
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BB&T and McDonald's today announced a partnership that will raise more than $100,000 a year for Ronald McDonald House Charities of North Carolina and provide customers with easy access to their cash.
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Southern National completes acquisition of Fidelity Financial Bankshares Corporation (3/3/1997)
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SNC completes its purchase of Fidelity Financial Bankshares Corp. of Richmond, Va.
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Southern National Corporation declares dividend (2/25/1997)
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SNC's Board of Directors declares the 1997 second quarter dividend of $.27 per share.
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Southern National to acquire Phillips Factors Corporation and subsidiaries (2/4/1997)
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SNC will purchase Phillips Factors Corporation and its subsidiaries, Phillips Financial Corporation and Phillips Acceptance Corporation.
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Southern National announces share buyback program (1/28/1997)
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SNC announces a new plan to repurchase up to 5 million shares of its common stock.
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Southern National to acquire Sheffield Financial Corp. (1/23/1997)
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SNC has agreed to purchase Refloat, Inc. and its principal subsidiary Sheffield Financial Corp.
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Whiteville gets nod as newest BB&T regional headquarters (1/17/1997)
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Whiteville will become headquarters of BB&T's 11th North Carolina region.
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Southern National reports record earnings for 1996 (1/14/1997)
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Southern National Corporation reports 1996 earnings.
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BB&T launches the BB&T Audio Newsline (1/1/1997)
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Retrieve quotes via telephone line TOLL FREE at (877) BBT-NEWS.
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Fourth Quarter, 1996
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BB&T announces customized PC banking program (12/16/1996)
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BB&T today introduced its customized personal computer banking program.
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BB&T introduces savings program for college, new home or retirement (11/12/1996)
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BB&T introduces a new savings program to help consumers save for college, a new home or retirement.
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Southern National and UCB announce merger agreement (11/4/1996)
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SNC and UCB announce the signing of a merger agreement that will create the largest bank in the Carolinas.
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Hoechst-Celanese honors BB&T International Division (10/28/1996)
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BB&T is honored by manufacturing giant Hoechst-Celanese.
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FDIC awards 'outstanding' CRA rating to BB&T-N.C. (10/18/1996)
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BB&T receives an 'outstanding' CRA evaluation in N.C. from federal regulators.
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Southern National reports 3rd quarter earnings (10/11/1996)
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Southern National Corporation earned $56 million for the quarter ended September 30, 1996, or $.50 per fully diluted share.
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Southern National to repurchase shares for Fidelity Financial Bankshares transaction (10/11/1996)
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SNC will repurchase shares of its common stock for reissue in connection with the proposed acquisition of Fidelity Financial Bankshares Corp.
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ECU partners with BB&T for new credit card (10/8/1996)
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BB&T introduces an affinity credit card to promote and benefit East Carolina University.
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BB&T Insurance Services to buy S.C. insurance agencies (10/1/1996)
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Southern National Corporation to buy two independent South Carolina-based insurance companies.
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Third Quarter, 1996
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BB&T introduces new business investment product (9/23/1996)
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BB&T's new business product provides opportunities for investment besides traditional money market funds.
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BB&T introduces TravelPoints reward program (9/13/1996)
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A BB&T credit card can take you places.
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Four BB&T mutual funds awarded four-star rating (9/10/1996)
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Morningstar presents four BB&T mutual funds with a four-star rating.
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BB&T Insurance Services to buy S.C. insurance agency (9/9/1996)
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Southern National Corp. will buy Boyle-Vaughan Associates, Inc., an independent insurance agency based in Columbia, S.C.
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Southern National completes acquisition of Regional Acceptance (9/3/1996)
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Southern National and Regional Acceptance have completed their pooling of interests transaction.
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Southern National becomes majority shareholder of AutoBase Information Systems of Charlotte (8/29/1996)
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Southern National Corp. will become a majority shareholder of AutoBase Information Systems, Inc.
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Southern National, Customer Access terminate agreement (8/27/1996)
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Southern National and Customer Access terminate their definitive agreement.
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Southern National Corporation declares dividend (8/27/1996)
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SNC declares the 1996 fourth quarter dividend.
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BB&T introduces Mortgage 24 service for Realtors (8/26/1996)
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BB&T introduces its new Mortgage 24 system, an around-the-clock telephone banking service for Realtors and home builders.
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Southern National to purchase Fidelity Financial Bankshares Corporation (8/22/1996)
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Southern National Corporation will purchase Fidelity Financial Bankshares Corporation of Richmond, Va.
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BB&T names Whitney as Treasury Services manager (8/15/1996)
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Whitney will head BB&T's evolving Treasury Services department.
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BB&T improves PhoneTeller 24 system (7/29/1996)
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BB&T introduces an improved PhoneTeller 24 system that gives customers more telephone banking options.
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Commerce Bank To Open as Branches of BB&T (7/17/1996)
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Commerce Bank of Virginia will open 21 offices for business on July 22 as Branch Banking and Trust Company (BB&T) of Virginia.
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Second Quarter, 1996
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Southern National Corporation Declares Dividend (6/25/1996)
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The Board of Directors of Southern National Corportation declares 1996 third quarter dividend of $.27 per share.
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BB&T Purchases Assets of Asheville Leasing Company (6/17/1996)
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BB&T announces the purchased assets of MedStar Leasing Company of Asheville.
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BB&T and ASU to Introduce Appcard to Students (6/13/1996)
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BB&T and Appalachian State University announces the introduction of an AppCard, an expanded function of ASU's student ID card.
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SNC Announces Equity Investment in Customer Access (5/20/1996)
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Southern National Corporation and Customer Access Resources, Inc. of Raleigh, N.C., announces the signing of a definitive agreement.
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BB&T's New CD and IRA Products Make Savings Easier (5/6/1996)
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BB&T offers five new Certificate of Deposit and Individual Retirement Account products specially designed to instill good savings habits.
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BB&T Offers New 401(K) Program (4/23/1996)
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Branch Bank & Trust Company announces BB&T Select Funds, its new 401(k) program targeted to companies with more than 100 employees.
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Southern National Reports First Quarter Earnings (4/12/1996)
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Southern National Corporation reports net income of $69.6 million for the first quarter ended March 31, 1996, reflecting significant growth in recurring earnings.
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BB&T Credit Cards Benefit First Flight Celebration (4/11/1996)
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BB&T issues an affinity credit card to promote the Centennial Celebration of the Wright Brothers' first flight in Kitty Hawk, N.C.
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BB&T Credit Cards Benefit South Carolina Organizations (4/11/1996)
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The Palmetto State's attorneys and real estate agents can take advantage of a special credit card offer that benefits the South Carolina Bar and the South Carolina Association of Realtors.
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First Quarter, 1996
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Southern National Corporation Acquires Regional Acceptance Corporation (3/29/1996)
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Southern National acquires Regional Acceptance Corporation of Greenville, N.C., in a stock transaction valued at $167 million based on SNC's closing price of $27.625.
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BB&T Names McFarland Head of Alternative Delivery Systems (3/19/1996)
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Tom McFarland heads new BB&T unit dedicated to non-traditional ways to deliver bank services.
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Southern National Calls for Redemption of Preferred Stock (2/28/1996)
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Southern National announces that it has called for redemption of all of its outstanding shares of 4% Cumulative Convertible Preferred Stock, Series A.
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BB&T's New Visa Business Card Can Help Small Businesses (2/21/1996)
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BB&T introduces a Visa Business Card designed to help transform the way small businesses handle everyday business purchases, travel and entertainment expenses, and payments.
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BB&T Client Wins $15,000 First Prize (2/1/1996)
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Elizabeth Drumm of Greer, a client of Branch Banking and Trust Company, wins the $15,000 grand prize in BB&T 24 Check Card sweepstakes.
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Southern National Reports 1995 Earnings (1/18/1996)
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Southern National Corporation reports net income of $70.1 million for the fourth quarter ended December 31, 1995.
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Southern National Corporation Announces New Share Buyback Program (1/11/1996)
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Southern National Corporation's Board of Directors grants a new plan to repurchase up to 4,334,817 shares of its common stock.
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Southern National / BB&T Promotes Top Executives (1/4/1996)
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Southern National Corporation announces promotions of Henry G. Williamson to Chief Operating Officer, Kelly S. King to President, and Robert E Greene to president of the corporation's principal subsidiary, Banch Banking and Trust Company.
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