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2010 Archives

Jun 3, 2010
Clients Benefit from Guaranteed Retirement Income with Growth Potential

SunTrust Banks, Inc. announced today that it has added a guaranteed lifetime income investment option, ClearCourse®, to its institutional 401(k) investment platform. This addition reflects the...

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May 27, 2010

SunTrust Banks, Inc. announced today that it plans to release second quarter 2010 results prior to the market opening on Thursday, July 22, 2010. SunTrust management will host a conference call...

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May 26, 2010

This Memorial Day, Father's Day or "just because," pay tribute to the solid people in your life who go above and beyond and make a difference. With SunTrust Bank's "Solid Salutes," you can send a...

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May 24, 2010
SunTrust Provided Most Export Working Capital Loans to Small Businesses in 2009

SunTrust Banks, Inc. announced today that it has been selected for the Export Lender of the Year award from the U.S. Small Business Administration for making the most export working capital loans...

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May 14, 2010

SunTrust Banks, Inc. announced today that David Stevens has been named President and Chief Executive Officer of the Company's Central Carolina Region, effective June 14. He is joining SunTrust...

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Apr 27, 2010

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.01 per common share. The dividend is payable on June 15, 2010, to shareholders of record on...

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Apr 27, 2010

SunTrust Banks, Inc. Chairman and Chief Executive Officer James M. Wells III, announced today that Thomas R. Watjen and William A. Linnenbringer have been elected to SunTrust's Board of Directors....

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Apr 21, 2010
Economic Conditions Impact Financial Results; Company Notes Improved Asset Quality and Operating Trends

SunTrust Banks, Inc. today reported a net loss available to common shareholders for the first quarter of 2010 of $229 million, or $0.46 per average common share, as the lingering effects of the...

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Apr 12, 2010

SunTrust Banks, Inc. today announced it is reviewing strategic options for portions of its institutional investment management business, a move consistent with the Company's ongoing strategy of...

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Apr 8, 2010

SunTrust Banks, Inc., announced today that Jeff Nager has been named Senior Vice President and SBA Division Executive. In this newly formed position, Mr. Nager is overseeing the Company's lending...

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Apr 7, 2010
Top-Ranked Innovative Product Streamlines Healthcare Claims and Payments

SunTrust Banks, Inc. has won two 2010 Monarch Innovation Awards from Barlow Research Associates, Inc. for outstanding products and features to better serve business clients. With only seven...

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Apr 1, 2010

SunTrust Banks, Inc. announced today that it plans to release first quarter 2010 results prior to the market opening on Wednesday, April 21, 2010. SunTrust management will host a conference call...

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Mar 25, 2010

SunTrust Banks, Inc. announced today that Jerome Lienhard has been named Senior Vice President of Strategic Finance & Administration with responsibility for Strategic Sourcing, Corporate Real...

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Mar 23, 2010

SunTrust Banks, Inc. Chairman and Chief Executive Officer James M. Wells III today announced an organizational and leadership realignment of the Company's banking franchise designed to support...

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Mar 5, 2010

SunTrust Banks, Inc. is scheduled to make a presentation at the 2010 Citi Financial Services Conference in New York City on Wednesday, March 10, 2010, at 8:00 a.m. (EST). James M. Wells III,...

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Mar 3, 2010

SunTrust Banks, Inc. will present at the Raymond James 31st Annual Institutional Investors Conference in Orlando, Florida, on Monday, March 8, 2010, at 11:00 a.m. (EST). William H. Rogers, Jr.,...

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Feb 22, 2010

SunTrust Banks, Inc. has won nine national Greenwich Excellence Awards for distinguished service in small business banking and middle market banking in 2009. With five awards in the Small Business...

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Feb 9, 2010

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.01 per common share. The dividend is payable on March 15, 2010, to shareholders of record on...

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Feb 2, 2010

Finding that consumers have resonated positively with a more solid, frugal approach to spending and saving, SunTrust Banks, Inc. introduced two programs to empower individuals to take more control...

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Jan 22, 2010
Continued Recessionary Pressures Affect Earnings While Asset Quality Trends and Certain Operating Results Improved

SunTrust Banks, Inc. today reported a net loss available to common shareholders for the fourth quarter of 2009 of $316.4 million, or $0.64 per average common share, compared to a net loss...

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Jan 6, 2010

SunTrust Banks, Inc. announced today that Todd LaRocca and Billy Crafton and their respective teams will join SunTrust Sports and Entertainment Specialty Group, forming a new San Diego office for...

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