SunTrust Banks Company Profile (NYSE:STI)

Analyst Ratings

Consensus Ratings for SunTrust Banks (NYSE:STI) (?)
Ratings Breakdown: 2 Sell Rating(s), 10 Hold Rating(s), 13 Buy Rating(s)
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $43.55 (2.98% upside)

Analysts' Ratings History for SunTrust Banks (NYSE:STI)
Show:
DateFirmActionRatingPrice TargetActions
7/26/2016Compass PointBoost Price TargetBuy$45.00 -> $48.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/25/2016Goldman Sachs Group Inc.DowngradeConviction-Buy -> Buy$44.00 -> $46.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/15/2016Keefe, Bruyette & WoodsReiterated RatingMarket Perform$45.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/15/2016Robert W. BairdDowngradeNeutral -> Underperform$43.00 -> $41.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/12/2016Credit Suisse Group AGReiterated RatingSellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/9/2016NomuraReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/10/2016Barclays PLCReiterated RatingEqual Weight$46.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/10/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/7/2016BMO Capital MarketsReiterated RatingHold$44.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/28/2016Portales PartnersUpgradeSector Perform -> OutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/15/2016Deutsche Bank AGReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/7/2016SusquehannaDowngradePositive -> Neutral$45.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/25/2016FBR & CoReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/25/2016Royal Bank Of CanadaBoost Price TargetOutperform$42.00 -> $44.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/25/2016Citigroup Inc.Boost Price TargetNeutral$35.00 -> $40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/22/2016Raymond James Financial Inc.UpgradeMarket Perform -> OutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/7/2016JPMorgan Chase & Co.Lower Price TargetOverweight$43.50 -> $43.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/26/2016Sanford C. BernsteinLower Price Target$44.00 -> $42.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/25/2016Piper Jaffray Cos.Reiterated RatingOverweight$51.00 -> $48.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/25/2016Evercore ISIReiterated RatingBuy$41.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/12/2016Bank of America Corp.UpgradeNeutral -> Buy$46.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/20/2015MacquarieBoost Price TargetNeutral$42.00 -> $44.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/8/2015GuggenheimInitiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/6/2015Jefferies GroupLower Price TargetHold$46.00 -> $41.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/10/2015Sterne Agee CRTLower Price Target$46.00 -> $45.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2015Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/18/2015StephensInitiated CoverageEqual WeightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/1/2015Sandler O'NeillDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/4/2015Standpoint ResearchUpgradeHold -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/3/2014Morgan StanleyBoost Price TargetEqual Weight$45.00 -> $47.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for SunTrust Banks (NYSE:STI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/14/2016        
7/22/2016Q216$0.88$0.94$2.14 billion$2.19 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/22/2016Q116$0.75$0.84$2.03 billion$2.10 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2016Q415$0.87$0.91$2.04 billion$2.05 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/16/2015Q315$0.84$1.00$2.04 billion$2.03 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/17/2015Q215$0.81$0.89$2.02 billion$2.10 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/20/2015Q115$0.72$0.78$2.01 billion$2.03 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/16/2015Q414$0.81$0.88$2.06 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/17/2014Q314$0.79$0.81$1.92 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/21/2014Q214$0.73$0.81$2.07 billion$2.10 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2014Q1$0.66$0.73$2.01 billion$2.11 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/17/2014Q413$0.69$0.77$2.03 billion$2.29 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/18/2013Q313$0.69$0.66$2.13 billion$3.84 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/19/2013Q2 2013$0.67$0.68$2.16 billion$2.10 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/19/2013Q1 2013$0.62$0.63$2.25 billion$2.11 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/18/2013Q4 2012$0.62$0.65$2.31 million$2.30 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/22/2012$2.01$1.98ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/20/2012$0.45$0.50ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2012$0.34$0.46ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/20/2012$0.28$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/21/2011$0.36$0.39ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/22/2011$0.31$0.33ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2011$0.14$0.22ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/21/2011$0.07$0.23ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for SunTrust Banks (NYSE:STI)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.70$0.87$0.80
Q2 20164$0.84$0.89$0.87
Q3 20165$0.84$0.90$0.87
Q4 20165$0.81$0.93$0.88
Q1 20174$0.81$0.90$0.85
Q2 20174$0.87$0.96$0.92
Q3 20174$0.92$1.01$0.97
Q4 20172$0.97$1.00$0.99
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for SunTrust Banks (NYSE:STI)
Annual Dividend:$0.96
Dividend Yield:2.27%
Payout Ratio:26.02% (Based on Trailing 12 Months of Earnings)
27.35% (Based on Current Year Consensus EPS Estimate)
26.59% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:66.30% (3 Year Average)

Dividend History for SunTrust Banks (NYSE:STI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
4/26/2016quarterly$0.242.26%5/26/20165/31/20166/15/2016Tweet This Announcement  Share This Announcement on StockTwits
2/9/2016quarterly$0.242.92%2/24/20162/26/20163/15/2016Tweet This Announcement  Share This Announcement on StockTwits
11/10/2015quarterly$0.242.21%11/25/201511/30/201512/15/2015Tweet This Announcement  Share This Announcement on StockTwits
8/11/2015quarterly$0.242.24%8/27/20158/31/20159/15/2015Tweet This Announcement  Share This Announcement on StockTwits
4/28/2015quarterly$0.242.3%5/27/20155/29/20156/15/2015Tweet This Announcement  Share This Announcement on StockTwits
2/10/2015quarterly$0.201.96%2/25/20152/27/20153/16/2015Tweet This Announcement  Share This Announcement on StockTwits
11/11/2014quarterly$0.202.01%11/25/201411/28/201412/15/2014Tweet This Announcement  Share This Announcement on StockTwits
8/12/2014quarterly$0.202.17%8/27/20148/29/20149/15/2014Tweet This Announcement  Share This Announcement on StockTwits
4/22/2014quarterly$0.202.05%5/28/20145/30/20146/16/2014Tweet This Announcement  Share This Announcement on StockTwits
2/11/2014quarterly$0.101.08%2/26/20142/28/20143/14/2014Tweet This Announcement  Share This Announcement on StockTwits
11/12/2013quarterly$0.101.13%11/26/201311/29/201312/16/2013Tweet This Announcement  Share This Announcement on StockTwits
8/13/2013quarterly$0.101.14%8/28/20138/30/20139/16/2013Tweet This Announcement  Share This Announcement on StockTwits
4/23/2013quarterly$0.101.38%5/29/20135/31/20136/14/2013Tweet This Announcement  Share This Announcement on StockTwits
2/12/2013quarterly$0.050.69%2/27/20133/1/20133/15/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for SunTrust Banks (NYSE:STI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
7/26/2016Susan S JohnsonInsiderSell1,118$42.40$47,403.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016Anil T CheriyanInsiderSell10,000$42.00$420,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/27/2016Aleem GillaniCFOSell23,664$42.49$1,005,483.36View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/26/2016Jerome T LienhardCEOSell10,000$34.54$345,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/12/2016Paul R GarciaDirectorBuy3,000$33.20$99,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/9/2016Aleem GillaniCFOBuy200$31.80$6,360.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/28/2016Mark A ChancyEVPSell14,605$35.46$517,893.30View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/25/2016Aleem GillaniCFOBuy2,770$34.69$96,091.30View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/5/2015Raymond D. FortinEVPSell22,182$43.39$962,476.98View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/25/2015Aleem GillaniCFOBuy2,500$38.90$97,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/17/2015Mark A ChancyEVPSell5,000$44.16$220,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/5/2015Raymond D FortinEVPSell20,000$42.71$854,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/28/2015Bradford R DinsmoreEVPSell7,500$41.11$308,325.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/23/2015Mark A ChancyEVPSell5,388$41.19$221,931.72View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/27/2015Jerome T LienhardCEOSell3,547$39.16$138,900.52View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/22/2015Aleem GillaniCFOSell9,600$39.85$382,560.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/21/2015Mark A ChancyEVPSell12,000$38.42$461,040.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/6/2014Rilla S DelorierCMOSell2,600$39.63$103,038.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/28/2014Thomas FreemanEVPSell13,157$37.90$498,650.30View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/26/2014Bradford DinsmoreEVPSell6,833$37.29$254,802.57View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/19/2013Thomas PantherCAOSell1,351$36.12$48,798.12View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/24/2013David M RatcliffeDirectorBuy20,000$33.30$666,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/9/2013Jerome T LienhardCEOSell32,000$30.75$984,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/14/2013Bradford R DinsmoreEVPSell5,834$28.78$167,902.52View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for SunTrust Banks (NYSE:STI)
DateHeadline
07/29/16 06:50 PMSunTrust Banks, Inc. Common Sto (STI) Ownership Down in Latest Report from Sumitomo Mitsui Trust Holdings, Inc. - Finance Daily
07/29/16 09:40 AMSunTrust Banks Inc (NYSE:STI) nearing 52-week high, short interest down - Street Report
07/28/16 04:25 PMWhole Foods Facing Foot-Traffic Headwinds; SunTrust Maintains Buy Rating - SunTrust maintains its Buy rating on Whole Foods Market, Inc. (NASDAQ: WFM), despite saying traffic is still a "bigger challenge" for the organic foods retailer. Whole Foods reported $0.37 per share in its third-quarter earnings, in line with the consensus/Street estimates. Same-store sales in the period fell 2.6 percent, a bit more than SunTrust's -2 percent number and the Street's -2.3 percent. But, analyst David Magee is bullish on the company, and here's why: "We're pleased to hear the positive early read on the 365 concept (which may play a bigger role in '17 expansion), the re-pricing of produce and home delivery; the pilot loyalty program's results point to a broad rollout. So, we advise investors to be patient, noting WFM's historically ...Full story available on Benzinga.com
07/28/16 04:25 PMLumber Liquidators Reports Its 10th Consecutive Quarter Of Negative Comps - Lumber Liquidators Holdings Inc (NYSE: LL) on Wednesday reported Q2 results. A net loss of ($0.45) per share was $0.20 larger than expected, while revenue of $238.09 million, down 4 percent year-over-year, came in $2.43 million below the Street’s consensus. Comparable store sale tumbled 7.2 percent, and the number of transactions slipped 7.9 percent. However, the gross margin rate rose to 29.7 percent, from 25.1 percent posted in the same quarter last year. Following these figures, SunTrust analysts Keith Hughes and ...Full story available on Benzinga.com
07/28/16 01:40 PMSunTrust's Bob Peck Raises Price Target On Facebook To $142 On Strong Quarter - The strong second-quarter results of Facebook Inc (NASDAQ: FB) reinforced the bullish thesis of SunTrust's Robert "Bob" Peck, as the social media giant's quarterly numbers trumped the estimates of both Peck and the Street handsomely. Q2, In Review Facebook's second-quarter EPS/revenue of $0.97/$6.44 billion was higher than the Peck's estimate of $0.83/$6 billion and consensus estimate of $0.82/$6.02 billion. "Facebook's 2Q report refuted the growing concerns that rising competition was stagnating user growth and monetization. Not only did Facebook report higher DAUs across all regions with accelerating monetization, but it did so on higher incremental operating margins of 64 percent," Peck wrote in a note. Ad revenue growth was 63 percent year-over-year (20 percent quarter-over-quarter), ahead of the Street. DAUs added came in at 38 million quarter-over-quarter and 160 million year-over-year, growing 17 percent and ...Full story available on Benzinga.com
07/25/16 06:46 PMBaird Downgrades Rating On SunTrust Banks, Inc. Common Sto (STI)
07/25/16 10:49 AMBaird Downgrades Rating On SunTrust Banks, Inc. Common Sto (STI) - Finance Daily
07/25/16 10:49 AMHot Line At Active Movers: SunTrust Banks (NYSE:STI), Sony (NYSE:SNE), Torchlight Energy Resources (NASDAQ ... - Seneca Globe
07/25/16 10:49 AMSunTrust Banks, Inc. (NYSE:STI) & CNH Industrial NV (NYSE:CNHI) Stocks are Roundup - Wall Street 24
07/25/16 10:49 AMStocks Recommendation Update: SunTrust Banks, Inc. (NYSE:STI) , New York Community Bancorp, Inc. (NYSE:NYCB) - Street Updates
07/23/16 05:59 PMHow much profit did SunTrust generate in Q2?
07/23/16 05:59 PMSunTrust Banks Inc. Reports 2% Increase In Q2 Bottom Line
07/23/16 10:24 AMStock Earnings Alert: SunTrust Banks, Inc. (NYSE:STI) - Post Registrar
07/22/16 06:26 PMSunTrust Banks : beats Street 2Q forecasts
07/22/16 06:26 PMSunTrust Banks (STI) Dips Ahead of Earnings
07/22/16 06:26 PMSunTrust Banks (STI) Tops Q2 EPS by 6c
07/22/16 02:40 PMFeds charge man who allegedly tried to sell stolen SunTrust account data -
07/22/16 09:32 AMAnalysts Rating updates about two Stocks: Huntington Bancshares Incorporated (NASDAQ:HBAN) , SunTrust Banks ... - Street Updates
07/22/16 09:32 AMReview of Analysts Ranking: Lloyds Banking Group Plc (NYSE:LYG) , SunTrust Banks, Inc. (NYSE:STI) - Street Updates
07/22/16 09:32 AMLooking Ahead to Earnings for SunTrust Banks, Inc. (NYSE:STI) - Post Registrar
07/22/16 08:13 AMWill SunTrust Banks (STI) Stock Rise on Q2 Earnings Beat? -
07/22/16 06:30 AMSunTrust (STI) Beats on Q2 Earnings & Revenue Estimates -
07/22/16 06:07 AMQ2 2016 SunTrust Banks Inc Earnings Release - Before Market Open -
07/22/16 05:14 AMSunTrust beats Street 2Q forecasts -
07/21/16 11:21 AMWhat to Expect When SunTrust (STI) Reports Q2 Earnings -
07/20/16 07:35 PMStock Strength in Focus for SunTrust Banks, Inc. (NYSE:STI) - Press Telegraph
07/20/16 07:35 PMWill SunTrust (STI) Stock Continue to Rise Post Q2 Earnings? - Nasdaq
07/20/16 07:35 PMEarnings at a Glance: SunTrust Banks, Inc. (NYSE:STI), Corning Incorporated (NYSE:GLW), Cincinnati Bell Inc (NYSE ... - Engelwood Daily
07/20/16 07:35 PMFerguson Wellman Capital Management Inc buys $30507379 stake in SunTrust Banks (STI) - TheFounders Daily
07/20/16 09:30 AMWill SunTrust (STI) Stock Continue to Rise Post Q2 Earnings?
07/18/16 10:29 AMFinancial Stocks with Active Broker's Concerns- SunTrust Banks (NYSE:STI), JPMorgan Chase (NYSE:JPM) - Seneca Globe
07/18/16 10:29 AMAnalysts Pounding the Table on Shares of SunTrust Banks, Inc. (NYSE:STI) - TGP
07/15/16 05:34 PMUpdate on SunTrust Banks, Inc. (NYSE:STI) for the day - Twin County News
07/15/16 05:34 PMStocks Buzz: MGM Resorts International (MGM) SunTrust Banks, Inc. (STI) U.S. Bancorp (USB) - iStreetWire
07/15/16 05:34 PMLeading stocks in today's market: SunTrust Banks, Inc. (NYSE:STI) - Twin County News
07/15/16 05:34 PMThis Hot Stock is Trending: SunTrust Banks, Inc. (NYSE:STI) - News Oracle
07/15/16 05:34 PMSunTrust Banks Inc. (STI) is Trading Higher on Unusual Volume for July 12 - Equities.com
07/15/16 05:34 PMToday's Top Gainers in the Market SunTrust Banks, Inc. (NYSE:STI) from Financial - The Daily Leicester
07/15/16 05:34 PMSunTrust Banks Inc. (STI) Pops 2.62% for July 14 - Equities.com
07/15/16 05:34 PMExpress Scripts Holding Company (NASDAQ:ESRX) & SunTrust Banks, Inc. (NYSE:STI) Stocks on the Run - Money News (press release)
07/15/16 05:46 AMSunTrust Banks downgraded by Robert W. Baird -
07/14/16 06:54 PMSunTrust Banks : Bank's Monogram(R)-Based Loan Program Offers New Education Loan Refinance Option
07/14/16 05:18 PMSunTrust Bank's Monogram(R)-Based Loan Program Offers New Education Loan Refinance Option - [at noodls] - ATLANTA, GA and MEDFORD, MA -- (Marketwired) -- 07/14/16 -- SunTrust Banks, Inc. (NYSE: STI)and The First Marblehead Corporation (NYSE: FMD)announced today that SunTrust's Monogram®-based loan program ...
07/14/16 10:12 AMSunTrust Banks Inc. (STI) is Trading Higher on Unusual Volume for July 12
07/13/16 12:21 PMSunTrust's Bob Peck Previews Match Group's Q2 Earnings - SunTrust's Robert "Bob" Peck said Match Group Inc (NASDAQ: MTCH) is likely to benefit from strong paid member count growth in the second quarter. "Ahead of the 2Q earnings we believe 1) another ~220 million paid member counts (PMCs) added with a majority from Tinder," Peck wrote in a note. Peck forecast year-over-year dating margin improving to mid-30s, while continued improvement of mobile conversion, versus desktop, is strengthening turnaround story of legacy sites. Related Link: Interested In Microcaps? Here's One That Could ...Full story available on Benzinga.com
07/13/16 09:46 AMSunTrust's online lending platform doing well - KBW -
07/13/16 09:30 AMSuper-Prime Lending A 'Ray Of Sunshine' For SunTrust
07/12/16 08:51 PMBenzinga's M&A Chatter for Tuesday July 12, 2016 - The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday July 12, 2016: Hearing Oracle Near Deal to Acquire NetSuite The Rumor: Shares of NetSuite (NYSE: N) surged higher Tuesday, on unconfirmed market chatter of a potential takeover by Oracle (NYSE: ORCL), according to sources as reported by Proactive Investors. That follows a Benzinga report on Tuesday, mentioning unusual option activity in NetSuite. SunTrust stated in a note that a deal was unlikely due to limited synergies. Oracle declined comment, while NetSuite did not respond to ...Full story available on Benzinga.com
07/12/16 06:51 PMWhy You Should Try the First Trust NASDAQ ABA Community Bank ETF (QABA)
07/12/16 12:20 PMSunTrust Downgrades Twitter, Yahoo: Here's A Timeline Of Recent Buyout Speculation - Following Microsoft Corporation (NASDAQ: MSFT)’s massive $26 billion buyout of LinkedIn Corp (NYSE: LNKD), shareholders of Yahoo! Inc. (NASDAQ: YHOO) and Twitter Inc (NYSE: TWTR) seemed convinced buyout deals for each company were imminent. So far, they have both gotten nothing but more speculation. SunTrust analyst Bob Peck lost his patience with the two stocks earlier this week and downgraded both to Neutral. Why? In all likelihood, it’s because of the same reasons both companies weren’t acquired a long time ago. Both companies have struggled to define a clear vision for the future and both companies are suffering from stagnant growth. Related Link: Cybersecurity Consolidation May Be Heating Up M&A chatter has certainly ...Full story available on Benzinga.com

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About SunTrust Banks

SunTrust Banks logoSunTrust Banks, Inc. is a bank holding company and a financial holding company. Through its principal subsidiary, SunTrust Bank, the Company offers a line of financial services for consumers and businesses, including deposit, credit, mortgage banking, and trust and investment services. The Company's other subsidiaries provide asset and wealth management, securities brokerage, and capital market services. The Company operates through three segments: Consumer Banking and Private Wealth Management, Wholesale Banking and Mortgage Banking. It also operates a Corporate Other segment, which includes the management of the Company's investment securities portfolio, long-term debt, end user derivative instruments, short-term liquidity and funding activities, balance sheet risk management, and real estate assets. The Company operates primarily within Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia and the District of Columbia.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: STI
  • CUSIP: 86791410
Key Metrics:
  • Previous Close: $42.29
  • 50 Day Moving Average: $41.72
  • 200 Day Moving Average: $38.93
  • P/E Ratio: 11.45
  • P/E Growth: 4.42
  • Market Cap: $21.20B
  • Beta: 1.44
  • Current Year EPS Consensus Estimate: $3.51 EPS
  • Next Year EPS Consensus Estimate: $3.61 EPS
Additional Links:
SunTrust Banks (NYSE:STI) Chart for Saturday, July, 30, 2016