BB&T Bank (which stands for Branch Banking and Trust) was founded in 1872 by Alpheus Branch and Thomas Jefferson Hadley. The original name of the bank was Branch and Hadley Merchant Bank, with the first offices located in Wilson, North Carolina. Branch eventually bought out Hadley’s interest and renamed the bank Branch and Company.
Today, BB&T is one of the largest financial services holding companies in the US. The company had revenue in 2016 of $10.3 billion and has more than $222.6 billion in assets. The company has made numerous acquisitions over the years, including 21 Citigroup branches in 2013, 19 Colonial branches later that same year, and most recently, National Penn Bancshares in April of 2016 for $1.8 billion.
Forbes listed the company as one of the best workplaces for women in June of 2018.
BB&T Bank is publicly traded on the New York Stock Exchange under the ticker symbol BBT.
