BB&T 2015 Annual Report Download - page 7

TableofContents
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,” “could,” 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, insurance or other services;
·disruptions to the national or global financial markets, including the impact of a downgrade of U.S. government obligations by one of the credit
ratings agencies and the adverse effects of recessionary conditions in Europe and the impact of recent market disruptions in China;
·changes in the interest rate environment, including interest rate changes made by the Federal Reserve, and cash flow reassessments may reduce NIM
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 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;
·a reduction may occur in BB&T’s credit ratings;
·adverse changes may occur in the securities markets;
·competitors of BB&T may have greater financial resources or develop products that enable them to compete more successfully than BB&T and may
be subject to different regulatory standards than BB&T;
·cyber-security risks, including “denial of service,” “hacking” and “identity theft,” could adversely affect our business and financial performance or
our reputation, and we could be liable for financial losses incurred by third parties due to breaches of data shared between financial institutions;
·natural or other disasters, including acts of domestic or foreign terrorism, 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;
·costs related to the integration of the businesses of BB&T and its merger partners may be greater than expected;
·failure to execute on strategic or operational plans, including the ability to successfully complete and/or integrate mergers and acquisitions or fully
achieve expected cost savings or revenue growth associated with mergers and acquisitions within the expected time frames could adversely impact
financial condition and results of operations;
·significant litigation could have a material adverse effect on BB&T;
·deposit attrition, customer loss and/or revenue loss following completed mergers and acquisitions may be greater than expected;
·higher than expected costs related to information technology infrastructure or a failure to successfully implement future system enhancements could
adversely impact BB&T’s financial condition and results of operations and could result in significant additional costs to BB&T; and
·widespread system outages, caused by the failure of critical internal systems or critical services provided by third parties, could adversely impact
BB&T’s financial conditions and results of operations.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. Actual results may
differ materially from those expressed in or implied by any forward-looking statement. Except to the extent required by applicable law or regulation, BB&T
undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

BB&T is a FHC headquartered in Winston-Salem, North Carolina. BB&T conducts its business operations primarily through its bank subsidiary, Branch
Bank, and other nonbank subsidiaries.
3
Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.