BB&T Corp., the ninth-largest U.S. bank by deposits, agreed to buy BankAtlantic Bancorp Inc.’s retail-lending unit, adding about $2.1 billion in loans and $3.3 billion in deposits.
The acquisition will help BB&T expand its retail business in Florida by adding 78 branches and boosting its share of the Miami market
It's another example of one of the top-10 banks growing yet again. Here are some stats on BB&T from its website:
BB&T Corporation, headquartered in Winston-Salem, N.C., is among the nation's top financial-holding companies with $168 billion in assets. Its bank subsidiaries operate approximately 1,800 financial centers [in 12 states and Washington, D.C.]