Truist Financial (TFC) 8-K Other Events

Exhibit Index

Exhibit 12 Schedule of Earnings to Fixed Charges

Exhibit 12

BB&T Corporation
Earnings To Fixed Charges
(Dollars in thousands)

	For the Six Months Ended
	June 30,						For the Years Ended December 31,
	2004			2003			2003			2002			2001			2000			1999
Earnings:
Income before income taxes	$	1,083,222		$	922,107		$	1,617,030		$	1,790,697		$	1,360,428		$	1,013,006		$	1,155,910
Plus:
Fixed charges		566,412			718,515			1,306,218			1,713,021			2,438,401			2,586,815			2,052,403
Less:
Capitalized interest		263			300			514			504			798			470			400
Earnings, including interest on
deposits		1,649,371			1,640,322			2,922,734			3,503,214			3,798,031			3,599,351			3,207,913
Less:
Interest on deposits		339,466			400,129			755,677			1,003,058			1,566,269			1,685,248			1,370,334
Earnings, excluding interest on
deposits	$	1,309,905		$	1,240,193		$	2,167,057		$	2,500,156		$	2,231,762		$	1,914,103		$	1,837,579
Fixed Charges:
Interest expense	$	553,377		$	704,813		$	1,272,787		$	1,686,584		$	2,414,936		$	2,563,912		$	2,038,453
Capitalized interest		263			300			514			504			798			470			400
Interest portion of rent expense		12,772			13,402			32,917			25,933			22,667			22,433			13,550
Total Fixed Charges		566,412			718,515			1,306,218			1,713,021			2,438,401			2,586,815			2,052,403
Less:
Interest on deposits		339,466			400,129			755,677			1,003,058			1,566,269			1,685,248			1,370,334
Total fixed charges excluding
interest on deposits	$	226,946		$	318,386		$	550,541		$	709,963		$	872,132		$	901,567		$	682,069
Earnings to fixed charges:
Including interest on deposits		2.91	x		2.28	x		2.24	x		2.05	x		1.56	x		1.39	x		1.56	x
Excluding interest on deposits		5.77	x		3.90	x		3.94	x		3.52	x		2.56	x		2.12	x		2.69x