trending Market Intelligence /marketintelligence/en/news-insights/trending/T51zcVjwpIeh-noP_g0l1w2 content esgSubNav
In This List

Moody's affirms ratings of BB&T

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Moody's affirms ratings of BB&T

Moody's affirmed BB&T Corp.'s senior unsecured and subordinated debt ratings at A2 and noncumulative preferred stock at Baa1(hyb), among other ratings.

The rating agency also affirmed BB&T subsidiary Branch Banking and Trust Co.'s issuer rating and senior unsecured debt rating at A1, long-term deposit rating at Aa1 and short-term deposit rating at P-1, among other ratings.

The affirmation is based on BB&T's "continued risk discipline and healthy financial fundamentals," according to Moody's. The company "has a diverse revenue stream, limited concentration risk, a granular loan portfolio and deposit base, and minimal leveraged lending exposure," the rating agency added.