Truist Financial 8K Regulation FD Disclosure | TFC 11 Feb 09

Exhibit 99.3

BB&TCorporation
Financial Management
Superior Relative Performance

Investor Conference

February11, 2009


Total Assets and Market Value


Assets				Market Value

U.S.				U.S.
Rank	Company	$ Billions		Rank	Company		$ Billions

1	J.P. Morgan	$	2,175	1	J.P. Morgan	$	95
2	Citigroup		1,945	2	Wells Fargo		80
3	Bank of America		1,818	3	Bank of America		42
4	Wells Fargo		1,310	4	U.S. Bancorp		26
5	PNC Financial		291	5	Citigroup		19
6	U.S. Bancorp		266	6	PNC Financial		14
7	SunTrust		189	7	BB&T		11
8	Capital One		166	8	Capital One		6
9	BB&T		152	9	SunTrust		4
10	Regions		146	10	M&T Bank		4

Assetsas ofDecember31, 2008
MarketValue as ofJanuary31, 2009

2009 Peer Banks

Financial Management

Agenda

1.	Profitability
2.	Balance Sheet Strategy
3.	Investment Portfolio
4.	Funding and Liquidity
5.	Interest Rate Sensitivity
6.	Capital
7.	Investing for the Future
8.	Summary

Source:SNL andCompany Reports

Profitability

EfficiencyRatio - Drivers

Integration of systems and processes
Corporate culture – everyone on same page
Disciplined integration of acquisitions
Mind set – treat company’s money as if it is yourown
Positive operating leverage


Profitability
Operating Leverage
	Linked Period Basis
	1st Q		2nd Q		3rd Q		4th Q		Year
	2008		2008		2008		2008		2008
Revenue Growth	10.49	%	22.48	%	3.40	%	7.38	%	10.80	%
Expense Growth	8.70	%	22.13	%	1.20	%	3.98	%	9.75	%

Operating Leverage	1.79	%	0.35	%	2.20	%	3.40	%	1.05	%

Based onoperating earnings


Profitability
Operating Income¹
Year-Over-Year Growth
(Dollars in Millions)
		2008		2007	Pct Change			Core²
Net interest income	$	4,388	$	3,948	11.1		%	10.5	%
Noninterest income		3,060		2,774	10.3			1.3
Total revenue		7,448		6,722	10.8			6.6
Noninterest expense		3,952		3,601	9.7			4.3
Pre-tax pre provision operating income		3,496		3,121	12.0			9.2
Net charge-offs		851		338	151.8
Reserve build		594		110	440.0
Operating earnings before income taxes		2,051		2,673	(23.3	)
Taxes³		654		924	(29.2	)
Operating earnings		1,397		1,749	(20.1	)

Operating earnings available to common shareholders		1,376		1,749	(21.3	)

¹Based onoperating earnings

²Excludesthe impact ofpurchase acquisitions,theimplementationof fair valueaccountingand the net impact ofvaluation adjustmentsformortgage servicingrights and gains or losses onmortgage servicingrights-related derivatives.

³Includes$83 million and $68 million for 2008 and 2007,respectivelyfor FTEadjusted income.

Balance Sheet Strategy
Loan Growth

Versusthe Same Period of the Prior Year

BalanceSheetStrategy

CapitalPurchase Program

U.S. Treasury invested $3.1 billion of preferredstock (including warrants) in BB&T Corporation.
Viewed favorably by regulators and ratingagencies.
Preferred stock has lower cost of capital thancurrent marketplace.
Initial goal – neutralize the cost to shareholders
–Invested in GSE mortgage-backed securities.
Increase lending activities to generate additionalearnings and tangible common equity.

Investment PortfoliobySecurityType

December31, 2008

*Distributioniscalculatedbased onquarter-endamortizedcost.

Investment Portfolio Summary

December31, 2008
(Dollars in millions)

Investment Portfolio
Strategy

Invest in high quality low risk securities.
Utilize cash flows to fund loan growth.
Pledge securities to bring in client public funds andrepurchase agreements.
Securities are evaluated every quarter forimpairment. In the past, we have had adequateoffsetting transactions to neutralize the impact onearnings.
Emphasize liquidity first, then earnings.

FundingandLiquidity

Increase Funding Flexibility

	Restructured Bank and Holding Company Debt Programs
		Focus on speed and access to marketplace
		Added multi-currency capability
		Added medium-term note capacity
		Added commercial paper facility
		Added broker CD program
	Increased borrowing capacity at both Federal Home Loan Bank and Federal Reserve Bank
		Increased capacity by $20 billion


Funding and Liquidity
Secured Borrowing Sources
December 31, 2008
		Capacity		Usage
		(Dollars in millions)
Fed Discount Window	$	15,760.2	$	-
Treasury Tax & Loan and Treasury Auctions		8,630.3		2,555.9
Dealer Repurchase Agreements		3,000.0		1,010.0
Federal Home Loan Bank		19,058.7		10,083.3
Available Investment Securities		10,969.3		-
	$	57,418.6	$	13,649.2

Note:Excess secured funding capacitywas 242% of one yearNational Markets funding maturities.

FundingandLiquidity
Liquidity Position

FundingandLiquidity
Funding Strategies

	Fund as much as possible from clients (deposits and borrowings)
	Diversity of funding sources – secured and unsecured
		Bank notes / medium-term notes
		Broker deposits
		Fed funds
		Dealer repurchase agreements
		Commercial paper
		Eurodollars
	Stagger maturities to avoid excessive funding pressure
	Utilize government programs on an as needed basis
		Temporary liquidity guarantee program
	Maintain strong liquidity first, then minimize funding costs

FundingandLiquidity
Structured Transactions

	IRS Issue
		BB&T has received notification of proposed IRS adjustments related to foreign tax credits claimed.
		Although the amount and timing of the resolution of this issue cannot currently be determined, BB&T believes its reserves are adequate to cover the expected liability.
		BB&T will attempt to settle the issue during 2009 and will pursue litigation if required.
		We may need to fund a payment to stop the accrual of interest on the proposed adjustment.


Funding and Liquidity
Ratings
	S&P	Moody’s	Fitch	DBRS
BB&T CORPORATION
- Common stock/issuer	A+	Aa3	AA-	AA(low)
SUBSIDIARY BANK-Branch Banking & Trust Company
- Long term deposits	AA-	Aa2	AA	AA
Ratings Outlook	Stable	Negative	Stable	Stable


Funding and Liquidity


Bank Holding Company Ratings

as of February 2, 2009
Sorted based on S&P Rating			Sorted based on Moody's Rating			Sorted based on Fitch's Rating

Company	S&P	Outlook	Company	Moody'sOutlook		Company	Fitch	Outlook

1U.S. Bancorp	AA	Stable	1U.S. Bancorp	Aa2	Stable	1Wells Fargo & Company	AA	Stable
2Wells Fargo & Company	AA	Negative	2Bank of NY Mellon Corporation	Aa2	Stable	2U.S. Bancorp	AA-	Positive
3Bank of NY Mellon Corporation	AA-	Stable	3JPMorgan Chase & Co.	Aa3	Stable	3BB&T Corporation	AA-	Stable
4Northern Trust Corporation	AA-	Stable	4BB&T Corporation	Aa3	Negative	4Bank of NY Mellon Corporation	AA-	Stable
5BB&T Corporation	A+	Stable	5Wells Fargo & Company	Aa3	Negative	5JPMorgan Chase & Co.	AA-	Stable
6State Street Corporation	A+	Negative	6Northern Trust Corporation	A1	Stable	6Northern Trust Corporation	AA-	Down
7Bank of America Corporation	A+	Negative	7SunTrust Banks, Inc.	A1	Stable	7Bank of America Corporation	A+	Stable
8JPMorgan Chase & Co.	A+	Negative	8State Street Corporation	A1	Negative	8Citigroup Inc. *	A+	Stable
9Citigroup Inc. *	A	Stable	9Bank of America Corporation	A1	Negative	9PNC Financial Services Group, Inc.	A+	Stable
10PNC Financial Services Group, Inc.	A	Stable	10PNC Financial Services Group, Inc.	A1	Negative	10Comerica Incorporated	A+	Stable
11SunTrust Banks, Inc.	A	Negative	11Marshall & Ilsley Corporation *	A1	Down	11Regions Financial Corporation	A+	Negative
12Regions Financial Corporation	A	Negative	12Comerica Incorporated	A2	Stable	12State Street Corporation	A+	Down
13Comerica Incorporated	A	Negative	13Keycorp	A2	Stable	13SunTrust Banks, Inc.	A+	Down
14M&T Bank Corporation	A-	Stable	14M&T Bank Corporation	A2	Negative	14Keycorp	A	Stable
15Fifth Third Bancorp	A-	Negative	15Citigroup Inc. *	A2	Down	15Fifth Third Bancorp	A
16Keycorp	A-	Negative	16Fifth Third Bancorp	A2	Down	16M&T Bank Corporation	A-	Stable
17Synovus Financial Corp.	BBB+	Negative	17Regions Financial Corporation	A3	Negative	17Zions Bancorporation *	A-	Stable
18Capital One Financial Corporation	BBB+	Negative	18Capital One Financial Corporation	A3	Negative	18Capital One Financial Corporation	A-	Stable
19Marshall & Ilsley Corporation *	BBB+	Negative	19Zions Bancorporation *	A3	Negative	19Huntington Bancshares Inc. *	A-	Stable
20Zions Bancorporation *	BBB+	Negative	20Huntington Bancshares Inc. *	A3	Down	20Synovus Financial Corp.	A-	Negative
21First Horizon National Corporation	BBB	Stable	21Popular, Inc. *	Baa1	Negative	21First Horizon National Corporation	BBB+	Negative
22Huntington Bancshares Inc. *	BBB	Negative	22First Horizon National Corporation	Baa1	Negative	22Popular, Inc. *	BBB	Negative
23Popular, Inc. *	BBB-	Stable	23Colonial Bancgroup, Inc.	B2	Down	23Colonial Bancgroup, Inc.	BB	Down
24Colonial Bancgroup, Inc.	BB-	Down	24Synovus Financial Corp.	N/A		24Marshall & Ilsley Corporation *	N/A
25Associated Banc-Corp	N/A		25Associated Banc-Corp	N/A		25Associated Banc-Corp	N/A


* Moody's issuer credit rating was not available on Reuters for these companies. Table reflects long-term debt rating.
N/AInformation not available on Reuters.

InterestRateSensitivity
InterestRate RiskManagement

Net Interest Margin

InterestRateSensitivity

EconomicValue of EquitySensitivityReport

as ofDecember31, 2008

Policy Limit is + / - 30%

InterestRateSensitivity
InterestRate RiskStrategy

	Net Interest Income represents approximately 60% of total revenues
	Produce a stable net interest margin (3.60% area for the full year)
	Tools used to achieve results include derivatives, investment portfolio and pricing assets and liabilities
	Primary drivers of net interest margin:
		Loan growth (mix change)
		Deposit pricing competition
		Prepayment speeds on mortgages and MBS

Capital

*Includingtrade dateaccounting balances,this ratio would be 5.3% .

Capital
Industry Leading Capital Generation

Cash Basis Return onTangible CommonEquity

Capital
CapitalManagement Strategies

Provide adequate capital in relation toBB&T’s overall risk profile
Preserve a sufficient base to support futuregrowth
Provide a competitive return toshareholders
Comply with regulatory standards
Achieve optimal credit ratings

Investingfor the Future
InvestingforGrowth

Disciplined decision making for bothorganic investments and acquisitions
Strong financial analysis on both aneconomic and accounting basis
Centrally managed review process
Thorough due diligence performed
Strategic and cultural fit
Executive management gives finalapproval

Investingfor the FutureOrganicCapitalInvestments

Highlights

•Openingde novobranches(106 from 2006through2009)
•Purchasingland for futurebranch consolidation
•Upgradingdata and voicenetwork– ITTransformationproject
•Expanded2missioncriticaloperations centers’ capacityandupgraded redundancy
•Movedintosignature buildinginAtlanta

Acquisition Investments

Invested$1.8 billion since 2006


2006		2007		2008
• Wyman, Green & Blalock	•	Coastal Financial	•	Ott & Company

• Bergen Capital	•	AFCO/CAFO	•	Ramsey Title Group

• FSB Financial	•	Collateral Real Estate	•	Burkey Risk Services
		Capital

• Main Street Banks			•	Savannah Reinsurance
	•	Reese Insurance		Underwriting Management
• First Citizens Bancorp		Associates
			•	Premier Benefits Group

	•	Carswell Insurance	•	UnionBanc Insurance Services

	•	Sidney O. Smith	•	Puckett, Sheetz & Hogan

	•	Heritage Title	•	Southern Risk Holdings, Inc.

	•	Established American	•	Commercial Title Group
		Coastal
			•	J. Rolfe Davis Insurance
				Agency

			•	TapCo Underwriters, Inc.

			•	Haven Trust Bank

			•	Live Oak Capital Ltd.

Financial Management Summary

Industry leading profitability statistics
Strong core operating earnings
Excellent cost control
Strong liquidity and capital positions
Conservative risk management
Investing for the future
Low risk providing a more predictable earningsstream
High return of earnings to shareholders

Superior Relative Performance

BB&TVersusPeers
AnnualizedTotalReturntoShareholders

For thePeriod1-1-08through1-31-09

Truist Financial (TFC) 8-KRegulation FD Disclosure