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2002 Archives

Aug 5, 2002

SunTrust Robinson Humphrey announced today the roster for its Financial Services and Technology Unconference scheduled for Thursday, August 8 in New York City. This unique "Unconference" format...

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Jul 23, 2002

SunTrust Banks, Inc. today disclosed what it termed minimal credit exposure to WorldCom and affiliated companies. Specifically SunTrust said its exposure is limited to $6 million in unfunded...

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Jul 22, 2002

Alexander Key Investments, the full- service retail brokerage division of SunTrust Capital Markets, is officially open for business at 100 Shockoe Slip in Richmond, Virginia, with eight private...

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Jul 12, 2002

SunTrust Banks, Inc. today announced the following executive appointments: Jorge Arrieta has been named Controller/Principal Accounting Officer of SunTrust. Mr. Arrieta succeeds William (Bill)...

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Jul 10, 2002
In Uncertain Economy Solid Results Reflect Core Business Strength, Conservative Business Approach

SunTrust Banks, Inc. today reported net income and operating income for the second quarter of 2002 of $343.7 million or $1.20 per diluted share, up 1% from the $1.19 per diluted share earned in...

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Jun 24, 2002

SunTrust Banks, Inc. said today it has reconfigured its geographic banking organization, which serves 3.7 million customer households throughout Georgia, Florida, Virginia, Maryland, Tennessee,...

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Jun 18, 2002

SunTrust Banks, Inc. announced today that it will release second quarter results prior to the market opening on Wednesday, July 10, 2002. SunTrust management will host a conference call on July...

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May 29, 2002

SunTrust Banks, Inc. , announced today it has purchased the assets and operations of the Richmond, Virginia retail brokerage office of Deutsche Bank Alex Brown. The office will become an Alexander...

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May 15, 2002

SunTrust Banks, Inc. said today that Robert C. Whitehead, Executive Vice President and SunTrust's Chief Information Officer, has announced his decision to retire from SunTrust on June 30, 2002,...

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May 3, 2002

SunTrust Banks, Inc. will present at the Prudential Securities Financial Services and Regulatory Conference on Friday, May 10, 2002, at 11:45 a.m. Eastern time. L. Phillip Humann, Chairman,...

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Apr 25, 2002

SunTrust Banks, Inc. , announced today that it has launched a specialized Web site for its STI Classic family of mutual funds. The new Internet address is http://www.sticlassicfunds.com/ . The...

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Apr 18, 2002

SunTrust Banks, Inc. announced today that Sandra W. Jansky has been named Executive Vice President and Senior Credit Officer, a new executive management position at the Company. In her new...

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Apr 17, 2002

SunTrust Banks, Inc. will present at the UBS Warburg 2002 Global Financial Services Conference on Wednesday, April 24, 2002 at 11:00 a.m., Eastern time. L. Phillip Humann, Chairman, President and...

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Apr 16, 2002

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.43 per common share. The dividend is payable on June 14, 2002, to shareholders of record at...

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Apr 16, 2002

SunTrust Banks, Inc., Chairman, President and Chief Executive Officer L. Phillip Humann announced today that Karen Hastie Williams, a partner in the Washington, DC law firm of Crowell & Moring,...

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Apr 10, 2002

SunTrust Banks, Inc. today reported operating income for the first quarter of 2002 of $344.7 million or $1.20 per diluted share, up 5% from the $1.14 per diluted share earned in the first quarter...

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Mar 27, 2002

SunTrust Banks, Inc. announced today that it will release first quarter results prior to the market opening on Wednesday, April 10, 2002. SunTrust management will host a conference call on April...

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Mar 26, 2002

Concurrent with distribution this week of its formal 2001 annual report to shareholders, SunTrust Banks, Inc. has also unveiled a special "Annual Report for Kids." The Kid's Report is available at...

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Mar 20, 2002

SunTrust Banks, Inc. and Viewpointe Archive Services, LLC announced today that SunTrust has taken an ownership position in Viewpointe and concurrently signed a long- term agreement to implement...

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Mar 14, 2002

SunTrust Banks, Inc. announced today the introduction of two fee-based, mutual fund asset allocation services aimed at retail investors throughout SunTrust's high-growth Mid-Atlantic and Southeast...

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Feb 21, 2002

Nationwide Financial and SunTrust Banks, Inc. announced today a new proprietary partnership to develop, market and service retirement plans to SunTrust's small business and commercial customers....

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Feb 20, 2002

SunTrust Banks, Inc. said today it has completed the integration of the Huntington Bancshares, Inc. Florida banking franchise into SunTrust's Florida organization. With the addition of 59...

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Feb 12, 2002

The Board of Directors of SunTrust Banks, Inc. today announced a 7.5% dividend increase. A quarterly cash dividend of $.43 per common share was declared payable on March 15, 2002 to shareholders...

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Feb 11, 2002

SunTrust Banks, Inc. will present at the Philadelphia Securities Association on Thursday, February 21, 2002, at 12:30 p.m. Eastern time. L. Phillip Humann, Chairman, President and Chief Executive...

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Feb 5, 2002

SunTrust Banks' STI Classic Funds was named the number three family of funds in performance for 2001 in Barron's seventh annual mutual fund ranking issue, published February 2, 2002. According to...

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