BNET Industries
Market Cap:$11.3B
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 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
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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'
News & Analysis
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sec and suntrust banks inc. - All News and Analysis
One Major Bank Reports SEC Inquiry has been concluded while a Community Bank Declares Cash Dividend.
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...
SunTrust Banks fires 3 loan executives.
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...
John R. Frazer to Lead SunTrust's New Private Client Services Group in Memphis; Bank Positions for Post-Merger Expansion
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
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...
The Orlando Sentinel, Fla., Business Notes.
Knight Ridder/Tribune Business News Nov. 9--MEDICAL SOCIETY MOVES: The Orange County Medical Society has finished moving into rented digs at 2304 Aloma Ave., Suite 100, in Winter Park. The society, which represents 900 doctors, recently sold its 5,800-square-foot building at 1851 W. Colonial Drive...
Atlanta-Based SunTrust Banks Awaits SEC Review of Crestar Purchase.
Knight Ridder/Tribune Business News Oct. 29--The Federal Reserve on Tuesday approved SunTrust Banks Inc.'s plan to buy Crestar Financial Corp. of Richmond, Va., in a deal that would create the nation's 10th largest bank. However, the purchase is pending a review by...
SEC, Shareholder Approval Still Needed for Crestar-SunTrust Alliance.
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,...
Regulators' Questions Delay SunTrust Banks' Purchase of Crestar.
Knight Ridder/Tribune Business News Oct. 22--SunTrust Banks Inc. said Wednesday it delayed until December its planned purchase of Crestar Financial Corp. because regulators want more information on SunTrust's loan-loss reserves. SunTrust had hoped to hold a sharholders meeting and close the deal...
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SunTrust
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