Computation of Earnings Per Share

9 Months Ended

Sep. 30, 2012

Computation of Earnings Per Share

Computation of Earnings Per Share

NOTE 16.Computation of Earnings Per Share

BB&T’s basic and diluted earnings per share amounts for the three and nine months ended September 30, 2012 and 2011, respectively, were calculated as follows:
				Three Months Ended September 30,				Nine Months Ended September 30,
				2012		2011		2012		2011
				(Dollars in millions, except per share data,
				shares in thousands)
	Basic Earnings Per Share:
		Net income available to common shareholders		$	469	$	366	$	1,410	$	898
		Weighted average number of common shares			699,091		697,052		698,454		696,335
		Basic earnings per share		$	0.67	$	0.52	$	2.02	$	1.29
	Diluted Earnings Per Share:
		Net income available to common shareholders		$	469	$	366	$	1,410	$	898
		Weighted average number of common shares			699,091		697,052		698,454		696,335
		Add:
			Effect of dilutive outstanding equity-based awards		10,784		8,552		9,985		8,575
		Weighted average number of diluted common shares			709,875		705,604		708,439		704,910
		Diluted earnings per share		$	0.66	$	0.52	$	1.99	$	1.27

For the three monthsendedSeptember 30, 2012 and 2011, the number of anti-dilutive awardswas 24.7 million and 42.5million shares, respectively. For the nine months endedSeptember 30, 2012 and 2011, the number of anti-dilutive awards was 33.4 million and 41.0 million shares, respectively.