BB&T 2011 Annual Report Download - page 4

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Forward-Looking Statements
This Annual Report on Form 10-K contains “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995, regarding the financial condition, results of operations, business plans and the future
performance of BB&T that are based on the beliefs and assumptions of the management of BB&T and the information
available to management at the time that these disclosures were prepared. Words such as “anticipates,” “believes,”
“estimates,” “expects,” “forecasts,” “intends,” “plans,” “projects,” “may,” “will,” “should,” and other similar expressions
are intended to identify these forward-looking statements. Such statements are subject to factors that could cause actual
results to differ materially from anticipated results. Such factors include, but are not limited to, the following:
• general economic or business conditions, either nationally or regionally, may be less favorable than expected,
resulting in, among other things, a deterioration in credit quality and/or a reduced demand for credit or other
services;
• disruptions to the credit and financial markets, either nationally or globally, including the impact of a downgrade
of U.S. government obligations by one of the credit ratings agencies and the adverse effects of the ongoing
sovereign debt crisis in Europe;
• changes in the interest rate environment may reduce net interest margins and/or the volumes and values of loans
made or held as well as the value of other financial assets held;
• competitive pressures among depository and other financial institutions may increase significantly;
• legislative, regulatory or accounting changes, including changes resulting from the adoption and implementation
of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”), may
adversely affect the businesses in which BB&T is engaged;
• local, state or federal taxing authorities may take tax positions that are adverse to BB&T;
• reduction in BB&T’s credit ratings;
• adverse changes may occur in the securities markets;
• competitors of BB&T may have greater financial resources and develop products that enable them to compete
more successfully than BB&T and may be subject to different regulatory standards than BB&T;
• costs or difficulties related to the integration of the businesses of BB&T and its merger partners may be greater
than expected;
• unpredictable natural or other disasters could have an adverse effect on BB&T in that such events could
materially disrupt BB&T’s operations or the ability or willingness of BB&T’s customers to access the financial
services BB&T offers;
• expected cost savings associated with completed mergers and acquisitions may not be fully realized or realized
within the expected time frames; and
• deposit attrition, customer loss and/or revenue loss following completed mergers and acquisitions may be greater
than expected.
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