BNET Industries
Market Cap:$11.1B
Last Fiscal Year Sales:$13.0B
- Public
- US
Dow Jones Description
SunTrust Banks, Inc., with total assets of $179.1 billion on March 31, 2009, is one of the nation?s largest and strongest financial holding companies. Through its banking subsidiaries, the company provides deposit, credit, trust, and investment services to a broad range of retail, business, and institutional clients. Other subsidiaries provide mortgage banking, brokerage, investment management, equipment leasing, and capital market services. Atlanta-based SunTrust enjoys leading market positions in some of the highest growth markets in the United States and also serves clients in selected markets nationally. The company operates 1,694 retail branches and 2,673 ATMs in Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and the District of Columbia. In addition, SunTrust provides customers with a full range of technology-based banking channels, including Internet, PC, and Automated Telephone Banking.
Number of Employees 29,333
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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SunTrust Introduces Daily Budgeting Application for Facebook
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The Next 2 Dividend Burnouts?
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SunTrust STI Upgrade Alert, Watch for 0.2% Technical Uptrend Continuation
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Sector Snap: Regional Banks shares rise
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Credit Suisse Upgraded SunTrust Banks STI to Outperform
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Morgan Keegan & Co. maintains SunTrust Banks at 'outperform'
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SunTrust announces quarterly dividend
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BMO Capital Markets Corp. upgrades SunTrust Banks to 'outperform'
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The apparel issue swung to a wider-than-expected third-quarter loss
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BMO Capital Upgrades SunTrust Banks STI to Outperform
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NEWS FROM BAI: SunTrust Piloting Moneta Solution for Internet Payments
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Stocks rise as Ford profit, economic data top estimates
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Bank Stocks Fall on BofA Snag
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Analyst downgrades Fifth Third stock
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A well-known activist investor is stepping down from the Internet company's board
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Banks slip farther, dragging sector down
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HEADLINE STOCKS-Some U.S. stocks on the move on Oct. 26
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Sector Snap: Regional banks slump after downgrades
News & Analysis
Filter by
bank and suntrust banks inc. - All News and Analysis
Significant Risks to U.S. Bank Stocks Exist: Citigroup
Reuters
- 2009-12-01
(Reuters) - Citigroup said there are substantial risks facing U.S. bank stocks now, but in the near term these stocks can grind higher given a combination of the Federal Reserve's accommodative stance plus a modest recovery."Since there is above-average risk, we would remain very selective focusing on banks that have...
Bank to convert to cash balance plan; SunTrust also sweetens 401(k) offering in shift from traditional pension.(News)
- 2007-02-26
Byline: JERRY GEISEL ATLANTA-One of the nation's biggest banks is converting its traditional pension plan to a cash balance plan, the second major company to do so since Congress passed legislation last year that protects new cash balance plans fr Byline: JERRY GEISEL...
One Major Bank Reports SEC Inquiry has been concluded while a Community Bank Declares Cash Dividend.
- 2006-08-28
M2 PRESSWIRE-28 August 2006-InvestSource Inc.: One Major Bank Reports SEC Inquiry has been concluded while a Community Bank Declares Cash DividendC1994-2006 M2 COMMUNICATIONS LTD RDATE:29082006 For Market News and Highlights, please go to www.investsourceinc.com PNC Bank, a unit...
Banking biz recruiter to ramp up staff.(Atlanta bank)(Brief Article)
- 2006-02-13
Byline: SHAWN A. TURNER Socius Search LLC's deal to help an Atlanta bank find people as it expands is enabling the Cleveland-based recruiter of banking talent to grow, too. The work for publicly traded SunTrust Banks Inc. is expected to help...
SunTrust Banks fires 3 loan executives.
- 2004-11-11
By Peralte C. Paul, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News Nov. 11--SunTrust Banks Inc. on Wednesday fired three executives, including its chief credit officer, and reassigned a fourth following an internal probe that revealed multiple accounting errors in its reserve for...
Bank sells Knoxville, Tenn., leasing firms for $13 million.
- 2004-10-27
By David Keim, The Knoxville News-Sentinel, Tenn. Knight Ridder/Tribune Business News Oct. 27--The president of National Bank of Commerce's local operations has joined a relatively new competitor and taken two long-established Knoxville leasing companies along in a $13 million deal. ...
Orders issued under Bank Holding Company Act
- 2004-09-22
Orders Issued Under Section 3 of the Bank Holding Company Act Capital One Financial Corporation McLean, Virginia Order Approving the Formation of a Bank Holding Company Capital One Financial Corporation ("Capital One") has requested the Board's approval under section 3 of the Bank Holding Company Act ("BHC...
John R. Frazer to Lead SunTrust's New Private Client Services Group in Memphis; Bank Positions for Post-Merger Expansion
- 2004-09-01
MEMPHIS, Tenn. -- David Popwell, executive vice president of National Commerce Financial Corporation (NYSE: NCF), today previewed the post-merger structure and management of the company's wealth management operation in Memphis. SunTrust (NYSE: STI) and NCF are expected to merge in the fourth quarter of 2004. The changes will include...
SunTrust Buys National Bank of Commerce; Savannah, Ga., Branches Consolidate.
- 2004-05-13
By Mary Carr Mayle, Savannah Morning News, Ga. Knight Ridder/Tribune Business News May 13--In a deal worth nearly $7 billion, SunTrust Banks Inc. will acquire National Commerce Financial Corp., parent company of National Bank of Commerce, including its three Savannah NBC Bank...
Bank Merger Could Affect Roanoke, Va., Jobs; Competition May Benefit Customers.
- 2004-05-11
By Jenny Kincaid, The Roanoke Times, Va. Knight Ridder/Tribune Business News May 11--A merger of two of the largest banks in the Roanoke Valley could affect local jobs, but the extent is unknown. SunTrust Banks Inc. announced Sunday its nearly $7...
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
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