SunTrust Banks, Inc. is a bank and financial holding company that engages in the provision of financial services. It offers deposit, credit, mortgage banking, trust and investment, asset management, securities brokerage, and capital market services. It operates through the following segments: Consumer, Wholesale, and Corporate Other. The Consumer segment consists of consumer banking, lending, wealth management, and mortgage banking services. The Wholesale segment relates to advisory, capital raising, and financial risk management; commercial and business banking, commercial real estate; as well as treasury and payment solutions. The Corporate Other segment covers 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 most real estate assets. The company was founded in July 12, 1984 and is headquartered in Atlanta, GA.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNYSE:STI
Previous Symbol
CUSIP86791410
Phone800-786-8787
Debt
Debt-to-Equity Ratio0.65
Current Ratio0.95
Quick Ratio0.93
Price-To-Earnings
Trailing P/E Ratio12.93
Forward P/E Ratio9.31
P/E Growth0.9
Sales & Book Value
Annual Sales$9.74 billion
Price / Sales2.41
Cash Flow$5.6705 per share
Price / Cash Flow9.21
Book Value$48.16 per share
Price / Book1.08
Profitability
EPS (Most Recent Fiscal Year)$4.04
Net Income$2.27 billion
Net Margins28.17%
Return on Equity11.66%
Return on Assets1.26%
Miscellaneous
Employees23,785
Outstanding Shares449,290,000
Market Cap$24.54 billion
OptionableOptionable
SunTrust Banks (NYSE:STI) Frequently Asked Questions
What is SunTrust Banks' stock symbol?
SunTrust Banks trades on the New York Stock Exchange (NYSE) under the ticker symbol "STI."
How often does SunTrust Banks pay dividends? What is the dividend yield for SunTrust Banks?
SunTrust Banks announced a quarterly dividend on Wednesday, November 14th. Investors of record on Friday, November 30th will be given a dividend of $0.50 per share on Monday, December 17th. This represents a $2.00 annualized dividend and a yield of 3.83%. The ex-dividend date is Thursday, November 29th. View SunTrust Banks' Dividend History.
How will SunTrust Banks' stock buyback program work?
SunTrust Banks announced that its Board of Directors has approved a stock buyback plan on Thursday, June 28th 2018, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.6% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.
How were SunTrust Banks' earnings last quarter?
SunTrust Banks, Inc. (NYSE:STI) posted its quarterly earnings data on Friday, October, 19th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.39 by $0.17. The financial services provider earned $2.29 billion during the quarter, compared to the consensus estimate of $2.35 billion. SunTrust Banks had a net margin of 28.17% and a return on equity of 11.66%. The company's revenue for the quarter was down .8% on a year-over-year basis. During the same period in the prior year, the business earned $1.06 EPS. View SunTrust Banks' Earnings History.
When is SunTrust Banks' next earnings date?
What price target have analysts set for STI?
20 brokerages have issued 1-year price objectives for SunTrust Banks' stock. Their predictions range from $70.00 to $86.00. On average, they expect SunTrust Banks' stock price to reach $77.0769 in the next twelve months. This suggests a possible upside of 47.7% from the stock's current price. View Analyst Price Targets for SunTrust Banks.
What is the consensus analysts' recommendation for SunTrust Banks?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SunTrust Banks.
Has SunTrust Banks been receiving favorable news coverage?
News stories about STI stock have trended somewhat positive this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SunTrust Banks earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are some of SunTrust Banks' key competitors?
Some companies that are related to SunTrust Banks include U.S. Bancorp (USB), Industrial & Cmrcl Bnk f China (IDCBY), PNC Financial Services Group (PNC), UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Mizuho Financial Group (MFG), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), BB&T (BBT), BANCO DO BRASIL/S (BDORY), Standard Chartered (SCBFF), DANSKE BK A/S/S (DNKEY), Shinhan Financial Group (SHG) and KeyCorp (KEY).
Who are SunTrust Banks' key executives?
SunTrust Banks' management team includes the folowing people:
- Bill Rogers, Chairman & Chief Executive Officer
- Mark A. Chancy, Vice-Chairman & Co-Chief Operating Officer
- Hugh S. Cummins, Co-Chief Operating Officer & Corporate EVP
- L. Allison Dukes, Chief Financial Officer
- Scott Case, Chief Information Officer
Who are SunTrust Banks' major shareholders?
SunTrust Banks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.20%), Vanguard Group Inc. (8.10%), Vanguard Group Inc (8.10%), Capital World Investors (4.67%), FMR LLC (4.04%) and Capital International Investors (1.47%). Company insiders that own SunTrust Banks stock include Agnes Bundy Scanlan, Frank P Scruggs Jr, Hugh S Cummins III, Jerome T Lienhard, Jorge Arrieta, Kyle P Legg, Mark A Chancy, Steven C Voorhees, Susan S Johnson and Thomas E Freeman. View Institutional Ownership Trends for SunTrust Banks.
Which institutional investors are selling SunTrust Banks stock?
STI stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, FMR LLC, TIAA CREF Investment Management LLC, BlackRock Inc., Standard Life Aberdeen plc, Standard Life Aberdeen plc, Bank of New York Mellon Corp and First Trust Advisors LP. Company insiders that have sold SunTrust Banks company stock in the last year include Agnes Bundy Scanlan, Hugh S Cummins III, Jerome T Lienhard, Jorge Arrieta, Mark A Chancy and Susan S Johnson. View Insider Buying and Selling for SunTrust Banks.
Which institutional investors are buying SunTrust Banks stock?
STI stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Vanguard Group Inc, Vanguard Group Inc., Bridgeway Capital Management Inc., The Manufacturers Life Insurance Company, Morgan Stanley, Canada Pension Plan Investment Board and Bank of Montreal Can. Company insiders that have bought SunTrust Banks stock in the last two years include Frank P Scruggs Jr and Steven C Voorhees. View Insider Buying and Selling for SunTrust Banks.
How do I buy shares of SunTrust Banks?
Shares of STI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SunTrust Banks' stock price today?
One share of STI stock can currently be purchased for approximately $52.18.
How big of a company is SunTrust Banks?
SunTrust Banks has a market capitalization of $24.54 billion and generates $9.74 billion in revenue each year. The financial services provider earns $2.27 billion in net income (profit) each year or $4.04 on an earnings per share basis. SunTrust Banks employs 23,785 workers across the globe.
What is SunTrust Banks' official website?
How can I contact SunTrust Banks?
SunTrust Banks' mailing address is 303 PEACHTREE ST NE, ATLANTA GA, 30308. The financial services provider can be reached via phone at 800-786-8787 or via email at [email protected]
MarketBeat Community Rating for SunTrust Banks (NYSE STI)
MarketBeat's community ratings are surveys of what our community members think about SunTrust Banks and other stocks. Vote "Outperform" if you believe STI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STI will underperform the S&P 500 over the long term. You may vote once every thirty days.
