SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the United States. It operates through two segments, Consumer and Wholesale. The Consumer segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; professional investment advisory products and services; and trust services, as well as family office solutions. This segment also offers residential mortgage products in the secondary market. The Wholesale segment provides capital markets solutions, including advisory, capital raising, and financial risk management, as well as lease financing solutions; cash management services and auto dealer financing solutions; and construction, mini-perm, and permanent real estate financing, as well as tailored financing and equity investment solutions. This segment also offers treasury and payment solutions, such as operating various electronic and paper payment types, which comprise card, wire transfer, automated clearing house, check, and cash; and provides services clients to manage their accounts online. The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2017, it operated 1,268 full-service banking offices located in Florida, Georgia, Virginia, North Carolina, Tennessee, Maryland, South Carolina, and the District of Columbia. SunTrust Banks, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.
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 Ratio15.27
Forward P/E Ratio11.00
P/E Growth1.03
Sales & Book Value
Annual Sales$9.74 billion
Price / Sales2.85
Cash Flow$5.8363 per share
Price / Cash10.57
Book Value$48.16 per share
Price / Book1.28
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$28.15 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 declared a quarterly dividend on Wednesday, November 14th. Investors of record on Friday, November 30th will be paid a dividend of $0.50 per share on Monday, December 17th. This represents a $2.00 annualized dividend and a yield of 3.24%. 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 authorized a share buyback program on Thursday, June 28th 2018, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.
How were SunTrust Banks' earnings last quarter?
SunTrust Banks, Inc. (NYSE:STI) issued its quarterly earnings data on Friday, October, 19th. The financial services provider reported $1.56 EPS for the quarter, topping the 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 firm's quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.06 EPS. View SunTrust Banks' Earnings History.
When is SunTrust Banks' next earnings date?
What price target have analysts set for STI?
21 brokerages have issued 12 month price targets for SunTrust Banks' stock. Their predictions range from $70.00 to $86.00. On average, they anticipate SunTrust Banks' share price to reach $77.0714 in the next year. This suggests a possible upside of 24.9% from the stock's current price. View Analyst Price Targets for SunTrust Banks.
What is the consensus analysts' recommendation for SunTrust Banks?
21 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 13 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 negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. SunTrust Banks earned a news impact score of -1.9 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of SunTrust Banks' key competitors?
Some companies that are related to SunTrust Banks include U.S. Bancorp (USB), PNC Financial Services Group (PNC), Industrial & Cmrcl Bnk f China (IDCBY), UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Mizuho Financial Group (MFG), Capital One Financial (COF), BB&T (BBT), Intesa Sanpaolo (ISNPY), BANCO DO BRASIL/S (BDORY), Standard Chartered (SCBFF), DANSKE Bk A/S/S (DNKEY), KeyCorp (KEY) and Shinhan Financial Group (SHG).
Who are SunTrust Banks' key executives?
SunTrust Banks' management team includes the folowing people:
- Mr. William Henry Rogers Jr., Chairman & CEO (Age 60)
- Mr. Mark A. Chancy, Vice Chairman, Co-COO & Consumer Segment Exec. (Age 53)
- Mr. Hugh Sterling Cummins III, Co-COO & Wholesale Segment Exec. (Age 55)
- Ms. Laura Allison Dukes, Corp. Exec. VP & CFO (Age 43)
- Mr. Ernest N. Dawal Jr., CFA, Chief Investment Officer
Who are SunTrust Banks' major shareholders?
SunTrust Banks' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.20%), Capital World Investors (4.67%), FMR LLC (4.04%), Capital International Investors (1.47%), LSV Asset Management (1.37%) and American Century Companies Inc. (1.14%). Company insiders that own SunTrust Banks stock include Agnes Bundy Scanlan, Anil T Cheriyan, 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 major 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 major investors are buying SunTrust Banks stock?
STI stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Bridgeway Capital Management Inc., The Manufacturers Life Insurance Company , Canada Pension Plan Investment Board, Bank of Montreal Can, Scout Investments Inc., Robeco Institutional Asset Management B.V. and Robeco Institutional Asset Management B.V.. 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 $61.72.
How big of a company is SunTrust Banks?
SunTrust Banks has a market capitalization of $28.15 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.
