BNET Industries
Market Cap:$10.2B
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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SunTrust launches app allowing Facebook users to barter
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SunTrust To Announce Fourth Quarter 2009 Earnings Results Friday, January 22, 2010
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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
News & Analysis
Filter by
investment and suntrust banks inc. - All News and Analysis
SunTrust Banks Inc. Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-22
Question-and-Answer SessionOperator Operator Instructions The first question is from Brian Foran from Goldman Sachs. Brian Foran - Goldman Sachs You mentioned Florida home prices and that you expect them to continue to fall. How much further are you expecting and is the recent improvement Case-Shiller data just a head...
Analyst Reports for Anadarko Petroleum Corporation, SunTrust Banks Inc., U.S. Bancorp and Regions Financial Corporation
- 2008-10-14
MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Anadarko...
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...
National Commerce Financial Corporation Announces Agreement in Principle to Settle Stockholder Litigation
- 2004-08-24
MEMPHIS, Tenn. -- National Commerce Financial Corporation (NYSE: NCF) has agreed in principle to settle the previously disclosed purported shareholder class action lawsuits pending against NCF challenging the proposed merger between NCF and SunTrust Banks, Inc. (NYSE: STI) "We have agreed to the settlement of the class action litigation...
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...
SunTrust Announces Purchase of Hilton Head, S.C., Bank.
- 2003-01-23
By R. Kevin Dietrich, The State, Columbia, S.C. Knight Ridder/Tribune Business News Jan. 23--SunTrust Banks Inc. said Wednesday it would expand into South Carolina through the purchase of Lighthouse Financial Services of Hilton Head. The deal comes less than two...
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...
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....
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