Exhibit 12

BB&T Corporation

Earnings To Fixed Charges

	Six Months Ended June 30,				Years Ended December 31,
	2012		2011		2011		2010		2009		2008		2007
	(Dollars in millions)
Earnings:
Income before income taxes	$	1,363	$	705	$	1,628	$	969	$	1,036	$	2,079	$	2,582
Plus:
Fixed charges		618		759		1,442		1,855		2,254		3,052		4,068
Less:
Dividends/accretion on preferred stock (1)		11		—		—		—		146		29		—
Noncontrolling interest		34		29		43		38		24		10		12
Capitalized interest		—		—		—		—		—		2		4
Earnings, including interest on deposits		1,936		1,435		3,027		2,786		3,120		5,090		6,634
Less:
Interest on deposits		228		323		610		917		1,271		1,891		2,620
Earnings, excluding interest on deposits	$	1,708	$	1,112	$	2,417	$	1,869	$	1,849	$	3,199	$	4,014
Fixed charges:
Interest expense	$	573	$	727	$	1,378	$	1,795	$	2,040	$	2,969	$	4,014
Capitalized interest		—		—		—		—		—		2		4
Interest portion of rent expense		34		32		64		60		68		52		50
Dividends/accretion on preferred stock (1)		11		—		—		—		146		29		—
Total fixed charges		618		759		1,442		1,855		2,254		3,052		4,068
Less:
Interest on deposits		228		323		610		917		1,271		1,891		2,620
Total fixed charges excluding interest on deposits	$	390	$	436	$	832	$	938	$	983	$	1,161	$	1,448
Earnings to fixed charges:
Including interest on deposits		3.13x		1.89x		2.10x		1.50x		1.38x		1.67x		1.63x
Excluding interest on deposits		4.38x		2.55x		2.91x		1.99x		1.88x		2.76x		2.77x

(1) Dividends on preferred stock have been grossed up by the effective tax rate for the period.