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2003 Archives

Jun 9, 2003

SunTrust Banks, Inc. announced today that it will release second quarter results prior to the market opening on Thursday, July 10, 2003. SunTrust management will host a conference call on July 10...

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Jun 2, 2003

SunTrust Banks, Inc. today completed its acquisition of Hilton Head Island, S.C.- based Lighthouse Financial Services, Inc. The previously announced $130 million purchase price was paid to...

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May 22, 2003

SunTrust Banks, Inc. announced today it has received an "Outstanding" Community Reinvestment Act (CRA) rating from the Federal Reserve Bank of Atlanta (FRB) in its recently completed examination...

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May 21, 2003

SunTrust Banks, Inc. has introduced BenePay, a state-of-the-art, secure, online payment distribution tool for retirement plan sponsors. With BenePay, clients of SunTrust's Retirement Services...

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May 14, 2003

SunTrust Banks, Inc. said today that Thomas K. Tracy, chairman and CEO of its SunTrust Robinson Humphrey Equity Capital Markets unit has announced his decision to retire from the company on August...

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Apr 17, 2003

SunTrust Banks, Inc. today announced the expansion of its life insurance product set to meet the needs of its high net-worth clients. Specifically SunTrust will now offer expanded life insurance...

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Apr 15, 2003

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.45 per common share. The dividend is payable on June 13, 2003 to shareholders of record at the...

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Apr 10, 2003
Company Says 'Positive Performance Trends' Bolster Results In Continued Weak Economy

SunTrust Banks, Inc. today reported net income for the first quarter of 2003 of $327.8 million, up 8% from the first quarter of 2002. Net income per diluted share was $1.17, up 10% from the $1.06...

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Apr 3, 2003

Alexander Key Investments, a full-service brokerage affiliate of SunTrust Banks, Inc. , has opened an office serving the Greater Washington D.C. region. The new office will provide financial...

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Mar 24, 2003

SunTrust Banks, Inc. announced today that its customers now have the added convenience of accessing their statements online. The new service is available for SunTrust personal checking, money...

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Mar 17, 2003

SunTrust Banks, Inc. announced today that it will release first quarter results prior to the market opening on Thursday, April 10, 2003. SunTrust management will host a conference call on April 10...

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Mar 13, 2003

Asset Management Advisors (AMA), a leading wealth management firm and affiliate of SunTrust Banks, Inc. , today announced it has expanded its private equity capabilities with the formation of a...

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Feb 26, 2003

Asset Management Advisors (AMA), a leading wealth management firm and affiliate of SunTrust Banks, Inc. , today announced its expansion into the Greenwich, Connecticut area. AMA provides...

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Feb 13, 2003

Trusco Capital Management, Inc., announced today that it has acquired the mid-cap equity investment product of Atlanta-based D.A. Capital Management, LLC. Terms of the acquisition were not disclosed.

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Feb 12, 2003

SunTrust Banks, Inc. Chairman, President and CEO Phil Humann has announced that Vice Chairman Theodore J. Hoepner has assumed the additional title -- and additional responsibilities -- as Chief...

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Feb 11, 2003

The Board of Directors of SunTrust Banks, Inc. today announced a 5% dividend increase. A quarterly cash dividend of $.45 per common share was declared payable on March 14, 2003 to shareholders of...

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Feb 7, 2003
Six Make List for Second Consecutive Year

SunTrust Banks, Inc. has announced that 15 of its private financial advisors have been recognized by Bank Investment Marketing magazine, a leading national industry publication, in its third...

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Jan 30, 2003

SunTrust Banks, Inc. announced today that it has launched an online Small Business Resource Center, located at www.suntrustsbrc.com to assist owners with their day-to-day business activities. The...

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Jan 27, 2003

SunTrust Banks, Inc. will present at the Salomon Smith Barney 2003 Financial Services Conference on Thursday, January 30, 2003 at 11:30 a.m. Eastern Standard Time. L. Phillip Humann, chairman,...

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Jan 22, 2003
Purchase of Lighthouse Financial Services Reflects SunTrust Focus On High-Growth Markets

SunTrust Banks, Inc. and Lighthouse Financial Services, Inc. today announced the signing of a definitive agreement under which SunTrust will acquire Hilton Head Island, S.C.-based Lighthouse....

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Jan 8, 2003
Results Point to Company's Underlying Strength Despite Weak Economy, Industry Pressures

SunTrust Banks, Inc. today reported net income for the fourth quarter of 2002 of $340.3 million, down 5% from the fourth quarter of 2001. Net income per diluted share was $1.20, down 3% from the...

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