Exhibit 12
BB&T Corporation
Earnings To Fixed Charges (1)
				Year Ended December 31,
				2014		2013		2012		2011		2010
				(Dollars in millions)
Earnings:
	Income before income taxes			$	2,986	$	3,124	$	2,792	$	1,628	$	969
	Plus:
		Fixed charges			843		967		1,130		1,442		1,855
		Loss from equity method investees, net			141		151		150		101		79
		Distributions from equity method investees			9		9		6		7		2
	Less:
		Capitalized interest			1		―		―		―		―
			Earnings		3,978		4,251		4,078		3,178		2,905
	Less:
		Interest on deposits			239		301		429		610		917
			Earnings, excluding interest on deposits	$	3,739	$	3,950	$	3,649	$	2,568	$	1,988
Fixed charges:
	Interest expense			$	768	$	891	$	1,060	$	1,378	$	1,795
	Capitalized interest				1		―		―		―		―
	Interest portion of rent expense				74		76		70		64		60
		Total fixed charges			843		967		1,130		1,442		1,855
	Less:
		Interest on deposits			239		301		429		610		917
			Total fixed charges excluding interest on deposits		604		666		701		832		938
	Dividends/accretion on preferred stock (2)				199		211		87		―		―
		Total fixed charges and preferred dividends		$	1,042	$	1,178	$	1,217	$	1,442	$	1,855
		Total fixed charges and preferred dividends, excluding interest on deposits		$	803	$	877	$	788	$	832	$	938
Earnings to fixed charges:
	Including interest on deposits				4.72x		4.40x		3.61x		2.20x		1.57x
	Excluding interest on deposits				6.19x		5.93x		5.21x		3.09x		2.12x
Earnings to fixed charges and preferred dividends:
	Including interest on deposits				3.82x		3.61x		3.35x		2.20x		1.57x
	Excluding interest on deposits				4.66x		4.50x		4.63x		3.09x		2.12x
(1)	Prior periods have been revised to remove losses on equity method investees and to remove the adjustment for noncontrolling interests that incurred fixed charges.
(2)	Dividends on preferred stock have been grossed up by the effective tax rate for the period.