BNET Industries
Market Cap:$11.5B
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
-
Morgan Keegan & Co. maintains SunTrust Banks at 'outperform'
-
SunTrust announces quarterly dividend
-
BMO Capital Markets Corp. upgrades SunTrust Banks to 'outperform'
-
The apparel issue swung to a wider-than-expected third-quarter loss
-
BMO Capital Upgrades SunTrust Banks STI to Outperform
-
NEWS FROM BAI: SunTrust Piloting Moneta Solution for Internet Payments
-
Stocks rise as Ford profit, economic data top estimates
-
Bank Stocks Fall on BofA Snag
-
Analyst downgrades Fifth Third stock
-
A well-known activist investor is stepping down from the Internet company's board
-
Banks slip farther, dragging sector down
-
HEADLINE STOCKS-Some U.S. stocks on the move on Oct. 26
-
Sector Snap: Regional banks slump after downgrades
-
Going, going … Worley auctions failed Bradenton banks' fixtures
-
BMO Capital Initiates Coverage on SunTrust STI with a Market Perform
-
BMO Capital Markets Corp. initiates coverage of SunTrust Banks at 'market perform'
-
SunTrust Appoints Willem Hattink EVP, Head Of Private Wealth Management And Institutional Investment Solutions -...
-
Chase taps ex-SunTrust executive to head Central Florida operations
News & Analysis
Filter by
merger and suntrust banks inc. - All News and Analysis
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...
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...
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...
SunTrust: Results buoy merger bid.
- 2001-07-09
* SunTrust Banks Inc. believes its strong second-quarter profits strengthened its bid to acquire Wachovia Corp. over that of rival First Union Corp. But one financial analyst isn't so sure it will make a difference. ...
Virginia Bankers Disemployed by Mergers Become Entrepreneurs, Consultants.
- 1999-06-15
Knight Ridder/Tribune Business News Jun. 14 -- Banking is hardly the only industry that's been hit by the merger craze. But few have been hit as hard. Talk about displacement. One in every four U.S. job cuts in March ...
SEC, Shareholder Approval Still Needed for Crestar-SunTrust Alliance.
- 1998-10-27
Knight Ridder/Tribune Business News Oct. 28--SunTrust Banks Inc., whose pending merger with Crestar Financial Corp. would create the nation's 10th-largest bank, said the transaction has been delayed by a Securities and Exchange Commission inquiry into its accounting methods. The merger agreement,...
- 1
Industry Transcripts by Seeking Alpha
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
SunTrust
IndustryTop Rated
- As Income Mobility Falls, American Dream Fades 7 votes
- Creative Destruction and the new Money Trust 6 votes
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- A House Divided: Fractured Financial Regulation Threatens Reform 3 votes
