BNET Industries
Market Cap:$11.2B
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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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
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Going, going … Worley auctions failed Bradenton banks' fixtures
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BMO Capital Initiates Coverage on SunTrust STI with a Market Perform
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BMO Capital Markets Corp. initiates coverage of SunTrust Banks at 'market perform'
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SunTrust Appoints Willem Hattink EVP, Head Of Private Wealth Management And Institutional Investment Solutions -...
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Chase taps ex-SunTrust executive to head Central Florida operations
News & Analysis
Filter by
first union and suntrust banks inc. - All News and Analysis
First Union, Wachovia to Sell 38 Branches in Proposed Merger.
- 2001-07-27
By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Jul. 27--As part of their proposed merger, First Union Corp. and Wachovia Corp. would sell 38 branches, including 26 in the Carolinas, to appease government antitrust concerns. The Department of...
1st Union gets edge in Wachovia bids.
- 2001-07-16
* As the premium of SunTrust Banks Inc.'s stock offer for Wachovia Corp. has further eroded, First Union Corp. has gained the upper hand in the merger battle, analysts say. First Union of Charlotte, N.C., got a boost last week when it...
First Union Rebuts Rival's Claims.
- 2001-07-06
By Audrey Y. Williams, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Jul. 6--First Union Corp. on Thursday urged the Federal Reserve to disregard a letter from SunTrust Banks Inc. that seeks to derail a merger between First Union and Wachovia Corp....
Battle for Control of Wachovia Bank Heats Up.
- 2001-06-29
By Jane Seccombe, Winston-Salem Journal, N.C. Knight Ridder/Tribune Business News Jun. 29--The battle for control of Wachovia Corp. is heating up. With their joint-proxy solicitation of shareholders now under way, Wachovia and its preferred suitor, First Union Corp., ran full-page ...
Rivals For Wachovia Take Different Insurance Approaches.(SunTrust Banks Inc., First Union Corp, Wachovia Bank)(Brief Article)(Statistical Data Included)
- 2001-06-11
Two rival financial institutions competing to take over Winston-Salem, N.C.-based Wachovia Bank take strikingly different approaches to insurance sales. As the rivalry heats up between SunTrust Banks Inc., in Atlanta, and First Union Corp., in Charlotte, N.C., it remains unclear how each would...
A new confederation threatening to rend First Union's asunder.
- 2001-05-21
SunTrust makes its bid for Wachovia, and some like it Wealth often marries wealth, but in the case of Wachovia Corp. and SunTrust Banks Inc., the perfect match might not happen. Wachovia Corp. is being tempted to...
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Industry Transcripts by Seeking Alpha
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Progressive Corp. Q3 2009 Earnings Call Transcript
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American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
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on Nov 10, 2009about MBI
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