SunTrust Banks, Inc operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. It operates in 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.
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Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone800-786-8787
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$10.43 billion
Profitability
Miscellaneous
Employees22,899
Next Earnings Date10/18/2019 (Estimated)
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 Tuesday, August 13th. Stockholders of record on Friday, August 30th will be given a dividend of $0.56 per share on Monday, September 16th. This represents a $2.24 annualized dividend and a dividend yield of 3.79%. The ex-dividend date is Thursday, August 29th. This is a boost from SunTrust Banks's previous quarterly dividend of $0.50. View SunTrust Banks' Dividend History.
How will SunTrust Banks' stock buyback program work?
SunTrust Banks announced that its board has initiated a share buyback program 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 repurchase up to 6.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.
How were SunTrust Banks' earnings last quarter?
SunTrust Banks, Inc. (NYSE:STI) issued its quarterly earnings results on Thursday, July, 18th. The financial services provider reported $1.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.46 by $0.02. The financial services provider had revenue of $2.56 billion for the quarter, compared to analysts' expectations of $2.39 billion. SunTrust Banks had a net margin of 23.92% and a return on equity of 11.86%. The firm's revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.49 earnings per share. View SunTrust Banks' Earnings History.
When is SunTrust Banks' next earnings date?
What price target have analysts set for STI?
16 brokerages have issued twelve-month price targets for SunTrust Banks' stock. Their predictions range from $61.90 to $81.00. On average, they expect SunTrust Banks' share price to reach $70.3338 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price. View Analyst Price Targets for SunTrust Banks.
What is the consensus analysts' recommendation for SunTrust Banks?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 12 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunTrust Banks.
Has SunTrust Banks been receiving favorable news coverage?
Media stories about STI stock have trended positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 2.5 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for SunTrust Banks.
Are investors shorting SunTrust Banks?
SunTrust Banks saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 8,596,600 shares, a decline of 11.4% from the June 30th total of 9,707,100 shares. Based on an average daily trading volume, of 2,590,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.0% of the company's stock are short sold. View SunTrust Banks' Current Options Chain.
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), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), UBS Group (UBS), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), BB&T (BBT), BANCO DO BRASIL/S (BDORY), Standard Chartered (SCBFF), KeyCorp (KEY), Shinhan Financial Group (SHG), Regions Financial (RF) and Huntington Bancshares (HBAN).
What other stocks do shareholders of SunTrust Banks own?
Who are SunTrust Banks' key executives?
SunTrust Banks' management team includes the folowing people:
- Mr. William Henry Rogers Jr., Chairman & CEO (Age 61)
- Ms. Laura Allison Dukes, Corp. Exec. VP & CFO (Age 44)
- Mr. Mark A. Chancy, Vice Chairman, Co-COO & Consumer Segment Exec. (Age 54)
- Mr. Hugh Sterling Cummins III, Co-COO & Wholesale Segment Exec. (Age 56)
- Mr. Scott E. Case, Corp. Exec. VP & Chief Information Officer (Age 48)
Who are SunTrust Banks' major shareholders?
SunTrust Banks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.90%), BlackRock Inc. (7.75%), BlackRock Inc. (7.75%), LSV Asset Management (1.28%), Northern Trust Corp (1.14%) and Bank of New York Mellon Corp (0.92%). Company insiders that own SunTrust Banks stock include Agnes Bundy Scanlan, Ellen Koebler, Frank P Scruggs Jr, Hugh S Cummins III, Jerome T Lienhard, Jorge Arrieta, Kyle P Legg, Mark A Chancy, Robert Ryan Richards, Steven C Voorhees and Susan S Johnson. 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 Vanguard Group Inc., Quest Capital Management Inc. ADV, LSV Asset Management, SG Americas Securities LLC, Natixis, Natixis, Victory Capital Management Inc. and Jennison Associates LLC. Company insiders that have sold SunTrust Banks company stock in the last year include Ellen Koebler, Frank P Scruggs Jr, Jorge Arrieta, Mark A Chancy and Robert Ryan Richards. View Insider Buying and Selling for SunTrust Banks.
Which institutional investors are buying SunTrust Banks stock?
STI stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Balyasny Asset Management LLC, Schafer Cullen Capital Management Inc, Hexavest Inc., Grantham Mayo Van Otterloo & Co. LLC, DLD Asset Management LP and Chicago Capital Management LLC. 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 $59.05.
How big of a company is SunTrust Banks?
SunTrust Banks has a market capitalization of $26.21 billion and generates $10.43 billion in revenue each year. The financial services provider earns $2.78 billion in net income (profit) each year or $5.70 on an earnings per share basis. SunTrust Banks employs 22,899 workers across the globe.View Additional Information About SunTrust Banks.
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.
