BBT » Topics » ITEM 2.02 Results of Operations and Financial Condition

This excerpt taken from the BBT 8-K filed Jan 22, 2010.

ITEM 2.02   Results of Operations and Financial Condition

 

         On January 22, 2010, BB&T Corporation issued a press release reporting fourth quarter and full year 2009 results, and posted on its website its fourth quarter 2009 Earnings Release and Quarterly Performance Summary. The release contains forward-looking statements regarding BB&T and includes a cautionary statement identifying important factors that could cause actual results to differ materially from those anticipated. The earnings release and Quarterly Performance Summary are furnished as Exhibit 99.1 and 99.2.

 

This excerpt taken from the BBT 8-K filed Oct 19, 2009.

ITEM 2.02 Results of Operations and Financial Condition

     The purpose of this Current Report on Form 8-K is to furnish BB&T's third quarter 2009 earnings release. The release includes information regarding the acquisition by BB&T's wholly-owned subsidiary, Branch Banking and Trust Company ("Branch Bank"), of certain assets and the assumption of substantially all of the deposits and certain liabilities of Colonial Bank, an Alabama state-chartered bank headquartered in Montgomery, Alabama, pursuant to a Purchase and Assumption Agreement (the "Agreement") with the Federal Deposit Insurance Corporation (the "FDIC"), as receiver for Colonial Bank, dated August 14, 2009. The Agreement, as well as the identity of the assets acquired and liabilities assumed, remains subject to finalization and revision by the FDIC and Branch Bank. Upon finalization, the acquisition will be deemed to be effective as of August 14, 2009. The release contains forward-looking statements regarding BB&T and includes a cautionary statement identifying important factors that could cause actual results to differ materially from those anticipated.


This excerpt taken from the BBT 8-K filed Jul 17, 2009.
ITEM 2.02 Results of Operations and Financial Condition 

The purpose of this Current Report on Form 8-K is to furnish BB&T’s second quarter 2009 earnings release.

 

ITEM 9.01  Financial Statements and Exhibits 
 
Exhibit No.  Description of Exhibit 
 
99.1  BB&T Corporation Earnings Release issued July 17, 2009. 
 
99.2  BB&T Corporation Quarterly Performance Summary issued July 17, 2009. 


S I G N A T U R E

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BB&T CORPORATION
(Registrant)

By: /S/ EDWARD D. VEST

Edward D. Vest
Executive Vice President and Controller
(Principal Accounting Officer)

Date: July 17, 2009


This excerpt taken from the BBT 8-K filed Apr 27, 2009.

ITEM 2.02 Results of Operations and Financial Condition

This amended current report on Form 8-K revises certain supplemental gross charge-off data related to BB&T’s home equity loan portfolio as originally reported on April 17, 2009. This information was originally furnished on Exhibit 99.2 (BB&T Corporation Quarterly Performance Summary First Quarter 2009) as two supplemental tables appearing on page 16 under the heading “SUPPLEMENTAL HOME EQUITY PORTFOLIO INFORMATION”.

These revisions are due to the fact that certain charge-offs were inadvertently excluded from the calculation of the gross charge-off rates in the supplemental home equity disclosures as originally reported on April 17, 2009. These revisions are limited to the supplemental home equity disclosures and had no effect on the overall reported results or consolidated charge-off ratios. The gross charge-offs ratio for home equity loans for the first quarter of 2009, on an annualized basis, was originally reported as 1.09% and should have been 1.90%. In addition, the gross charge-offs as a percentage of outstanding for home equity loans and lines by state were also revised for each of the states and in total. This total for the first quarter of 2009, on an annualized basis, was originally reported as 1.17% and should have been 1.66%. The amounts related to 2008 were not material. The revised supplemental home equity portfolio disclosures are furnished as Exhibit 99.1.

This excerpt taken from the BBT 8-K filed Jan 22, 2009.

ITEM 2.02   Results of Operations and Financial Condition

         The purpose of this Current Report on Form 8-K is to furnish BB&T’s fourth quarter 2008 earnings release.


This excerpt taken from the BBT 8-K filed Oct 16, 2008.

ITEM 2.02   Results of Operations and Financial Condition

         The purpose of this Current Report on Form 8-K is to furnish BB&T’s third quarter 2008 earnings release.


This excerpt taken from the BBT 8-K filed Jul 17, 2008.

ITEM 2.02   Results of Operations and Financial Condition

         The purpose of this Current Report on Form 8-K is to furnish BB&T’s second quarter 2008 earnings release.


This excerpt taken from the BBT 8-K filed Apr 17, 2008.

ITEM 2.02   Results of Operations and Financial Condition

         The purpose of this Current Report on Form 8-K is to furnish BB&T’s first quarter 2008 earnings release.


This excerpt taken from the BBT 8-K filed Jan 17, 2008.

ITEM 2.02   Results of Operations and Financial Condition

         The purpose of this Current Report on Form 8-K is to furnish BB&T’s fourth quarter 2007 earnings release.


This excerpt taken from the BBT 8-K filed Oct 18, 2007.

ITEM 2.02   Results of Operations and Financial Condition

          The purpose of this Current Report on Form 8-K is to furnish BB&T’s third quarter 2007 earnings release.


This excerpt taken from the BBT 8-K filed Jul 19, 2007.

ITEM 2.02   Results of Operations and Financial Condition

          The purpose of this Current Report on Form 8-K is to furnish BB&T’s second quarter 2007 earnings release.


This excerpt taken from the BBT 8-K filed Apr 19, 2007.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s first quarter 2007 earnings release.


This excerpt taken from the BBT 8-K filed Jan 18, 2007.

ITEM 2.02   Results of Operations and Financial Condition

            The purpose of this Current Report on Form 8-K is to furnish BB&T’s fourth quarter 2006 earnings release.


This excerpt taken from the BBT 8-K filed Oct 19, 2006.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s third quarter 2006 earnings release.


This excerpt taken from the BBT 8-K filed Jul 20, 2006.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s second quarter 2006 earnings release.


This excerpt taken from the BBT 8-K filed Apr 20, 2006.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s first quarter 2006 earnings release.


This excerpt taken from the BBT 8-K filed Jan 19, 2006.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s fourth quarter 2005 earnings release.


This excerpt taken from the BBT 8-K filed Oct 14, 2005.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s third quarter 2005 earnings release.


This excerpt taken from the BBT 8-K filed Jul 13, 2005.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s second quarter 2005 earnings release.


This excerpt taken from the BBT 8-K filed Apr 13, 2005.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s first quarter 2005 earnings release.


This excerpt taken from the BBT 8-K filed Jan 14, 2005.

ITEM 2.02   Results of Operations and Financial Condition

           The purpose of this Current Report on Form 8-K is to furnish BB&T’s fourth quarter 2004 earnings release.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki