Exhibit 12

BB&T Corporation

Earnings To Fixed Charges

	Six Months Ended June 30,				For the Years Ended December 31,
	2011		2010		2010		2009		2008		2007		2006
	(Dollars in millions)
Earnings:
Income before income taxes	$	705	$	491	$	969	$	1,036	$	2,079	$	2,582	$	2,478
Plus:
Fixed charges		759		951		1,855		2,232		3,044		4,068		3,233
Less:
Dividends/accretion on preferred stock		—		—		—		124		21		—		—
Noncontrolling interest		29		20		38		24		10		12		5
Capitalized interest		—		—		—		—		2		4		2
Earnings, including interest on deposits		1,435		1,422		2,786		3,120		5,090		6,634		5,704
Less:
Interest on deposits		323		500		917		1,271		1,891		2,620		2,137
Earnings, excluding interest on deposits	$	1,112	$	922	$	1,869	$	1,849	$	3,199	$	4,014	$	3,567
Fixed charges:
Interest expense	$	727	$	924	$	1,795	$	2,040	$	2,969	$	4,014	$	3,185
Capitalized interest		—		—		—		—		2		4		2
Interest portion of rent expense		32		27		60		68		52		50		46
Dividends/accretion on preferred stock		—		—		—		124		21		—		—
Total fixed charges		759		951		1,855		2,232		3,044		4,068		3,233
Less:
Interest on deposits		323		500		917		1,271		1,891		2,620		2,137
Total fixed charges excluding interest on deposits	$	436	$	451	$	938	$	961	$	1,153	$	1,448	$	1,096
Earnings to fixed charges:
Including interest on deposits		1.89x		1.50x		1.50x		1.40x		1.67x		1.63x		1.76x
Excluding interest on deposits		2.55x		2.04x		1.99x		1.92x		2.77x		2.77x		3.25x