May 23, 2013
(Stock Blog Hub,
7/23/12)
SunTrust Banks Inc.’s (STI) second-quarter 2012 earnings came in at 50 cents per share, surpassing the Zacks Consensus Estimate of 44 cents. This compares favorably with the...(read more)
(Stock Blog Hub,
10/26/11)
SunTrust Banks Inc.’s (STI) third quarter earnings came in at 39 cents per share, 4 cents ahead of the Zacks Consensus Estimate. This represents SunTrust’s fifth...(read more)
(Robert Weinstein Trading Blog,
10/17/11)
SunTrust Banks, Inc. (STI) is due to report earnings before the opening bell on October 21, 2011.
Overview
STI trades an average of...(read more)
SunTrust Banks (STI) Company Overview
SunTrust Banks, Inc. (NYSE: STI) is the ninth largest bank in the United States.[1] SunTrust's operations are mostly concentrated in the Southeast, and many of them are located within retail outlets, including over 100 within Wal-Marts.[2] STI's competitors range from local rival Regions Financial Corporation (RF) to national bank Bank of America (BAC).
The Atlanta-based bank reported a profit of $185 million compared with a prior-year loss of $248.1 million. Revenue jumped 19% to $2.33 billion. Revenue excluding investment gains and losses climbed 21%.[3]
) What's in this STI analysis on Wikinvest...
- Business Overview
- Retail and Commercial Banking ($353 million Net Income in 2010)
- Corporate and Investment Banking ($197 million Net Income in 2010)
- Mortgage ($822 million Net Loss in 2010)
- Wealth and Investment Management ($180 million Net Income in 2010)
- Trends and Forces
- Financial regulation may impact SunTrust
- Housing Market
- Benefit from low interest rates
- Competition
- References