Exhibit 12
BB&T Corporation
Earnings To Fixed Charges (1)
				Year Ended December 31,
				2015		2014		2013		2012		2011
				(Dollars in millions)
Earnings:
	Income before income taxes			$	2,917	$	3,127	$	3,283	$	2,945	$	1,732
	Plus:
		Fixed charges			819		843		967		1,130		1,442
		Distributions from equity method investees			8		9		9		6		7
	Less:
		Capitalized interest			2		1		―		―		―
		Income from equity method investees			(3)		―		9		3		3
			Earnings		3,745		3,978		4,250		4,078		3,178
	Less:
		Interest on deposits			233		239		301		429		610
			Earnings, excluding interest on deposits	$	3,512	$	3,739	$	3,949	$	3,649	$	2,568
Fixed charges:
	Interest expense			$	735	$	768	$	891	$	1,060	$	1,378
	Capitalized interest				2		1		―		―		―
	Interest portion of rent expense				82		74		76		70		64
		Total fixed charges			819		843		967		1,130		1,442
	Less:
		Interest on deposits			233		239		301		429		610
			Total fixed charges excluding interest on deposits		586		604		666		701		832
	Dividends/accretion on preferred stock (2)				203		210		222		90		―
		Total fixed charges and preferred dividends		$	1,022	$	1,053	$	1,189	$	1,220	$	1,442
		Total fixed charges and preferred dividends, excluding interest on deposits		$	789	$	814	$	888	$	791	$	832
Earnings to fixed charges:
	Including interest on deposits				4.57x		4.72x		4.40x		3.61x		2.20x
	Excluding interest on deposits				5.99x		6.19x		5.93x		5.21x		3.09x
Earnings to fixed charges and preferred dividends:
	Including interest on deposits				3.66x		3.78x		3.57x		3.34x		2.20x
	Excluding interest on deposits				4.45x		4.59x		4.45x		4.61x		3.09x
(1)	Prior periods have been revised to remove losses on equity method investees and to remove the adjustment for noncontrolling in™terests that incurred fixed charges.
(2)	Dividends on preferred stock have been grossed up by the effective tax rate for the period.