8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________________

Form 8-K

Current Report

_____________________________

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

June 28, 2017

Date of Report (Date of earliest event reported)

BB&T Corporation

(Exact name of registrant as specified in its charter)

Commission file number: 1-10853

_____________________________

North Carolina	56-0939887
(State of incorporation)	(I.R.S. Employer Identification No.)

200 West Second Street
Winston-Salem, North Carolina	27101
(Address of principal executive offices)	(Zip Code)

(336) 733-2000

(Registrant's telephone number, including area code)

_____________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [  ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [  ]

ITEM 8.01	Results of Operations and Financial Condition
On June 28, 2017, BB&T Corporation ("BB&T") announced that the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions. The timing and exact amount of repurchases will be consistent with BB&T's capital plan and subject to various factors, including BB&T's capital position, liquidity, financial performance, alternative uses of capital, stock trading price, and general market conditions, and may be suspended at any time. The common stock repurchases may be executed through open market purchases, privately negotiated transactions, trading plans established in accordance with Securities and Exchange Commission rules or other means.   A copy of the news release is attached hereto as Exhibit 99.1 and incorporated by reference into this Item 8.01. This Current Report on Form 8-K (including the Exhibit hereto) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of BB&T’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause BB&T’s actual results to differ materially from those described in the forward-looking statements can be found in BB&T’s Annual Report on Form 10-K for the year ended December 31, 2016, Quarterly Report on Form 10-Q for the quarter ended March 31, 2017 and Current Report on Form 8-K dated April 24, 2017, which have been filed with the Securities and Exchange Commission and are available on BB&T’s website (https://bbt.investorroom.com/sec-filings) and on the Securities and Exchange Commission’s website (www.sec.gov). BB&T does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.
ITEM 9.01	Financial Statements and Exhibits
Exhibit No.	Description of Exhibit
99.1	Press release announcing that the Board of Governors accepted BB&T Corporation’s capital plan.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BB&T CORPORATION

(Registrant)

By: /s/ Cynthia B. Powell

Cynthia B. Powell

Executive Vice President and Corporate Controller

(Principal Accounting Officer)

Date: June 29, 2017

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EX-99.1

June 28, 2017

FOR IMMEDIATE RELEASE

Contacts:

Alan GreerRichard Baytosh

Executive Vice PresidentSenior Vice President

BB&T Investor RelationsBB&T Investor Relations

(336) 733-3021(336) 733-0732

AGreer@BBandT.comRBaytosh@BBandT.com

Tamera GjesdalBrian Davis

Senior Vice PresidentSenior Vice President

BB&T Investor RelationsBB&T Corporate Communications

(336) 733-3058Contact via email

TGjesdal@BBandT.com

BB&T announces Federal Reserve’s response to its CCAR capital plan

WINSTON-SALEM, N.C. - BB&T Corporation (NYSE: BBT) today announced the board of governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions.

The capital actions include a recommendation to increase the quarterly dividend $0.03 to $0.33,

a 10-percent increase. This action will be considered by the board at its July 25 meeting. The plan also incorporates other uses of capital including capital distributions of up to $1.88 billion in share repurchase transactions beginning in the third quarter of 2017.

“We are pleased to receive the Federal Reserve’s non-objection to our plan to increase dividends and authorize a share repurchase program,” said Chairman and Chief Executive Officer Kelly S. King. “This allows us to provide one of the strongest dividend payouts among regional banks. It also demonstrates BB&T’s continued capital strength and our commitment to serving our clients and communities as we generate long-term benefits for our shareholders.”

BB&T submitted its capital plan, approved by its board of directors, to the Federal Reserve, FDIC and the North Carolina Commissioner of Banks in April 2017 as part of the Comprehensive Capital Analysis and Review of 34 bank holding companies.

About BB&T

BB&T is one of the largest financial services holding companies in the U.S. with approximately $220.5 billion in assets and market capitalization of approximately $36.3 billion, as of March 31, 2017. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, N.C., the company operates more than 2,100 financial centers in 15 states and Washington, D.C. A Fortune 500 company, BB&T was recognized as one of Forbes’ 2017 Best Banks in America and is consistently recognized for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.

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