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2011 Archives

Jun 1, 2011

SunTrust Banks, Inc. (NYSE: STI) today announced that Kenneth J. Carrig has joined the Company as Corporate Executive Vice President and Chief Human Resources Officer. He will oversee human...

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May 24, 2011

SunTrust Banks, Inc. (NYSE: STI) announced today that Eric Brewer has joined the Company as Executive Vice President and head of Treasury & Payment Solutions. Mr. Brewer will be responsible for...

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May 23, 2011
Provided Most Export Working Capital Loans in 2010

SunTrust Banks, Inc. (NYSE: STI) 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...

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May 17, 2011

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the Barclays Capital Americas Select Conference in London on Monday, May 23, 2011. Time: 10:40 a.m. (GMT)/ 5:40 a.m. (EDT)...

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May 11, 2011
SunTrust's Sports and Entertainment Specialty Group Expands Presence in Los Angeles, San Francisco, Boca Raton and Greenwich

SunTrust Banks, Inc. (NYSE: STI) announced that it has acquired the assets of CSI Capital Management, a San Francisco based wealth management firm with a significant nation-wide presence that...

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Apr 27, 2011

SunTrust Banks, Inc. (NYSE: STI) Executive Chairman James. M. Wells III announced that Kyle Prechtl Legg has been elected to SunTrust's Board of Directors. "We welcome Kyle to the SunTrust Board...

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Apr 27, 2011
Expanded financial capabilities on ID cards offer students greater flexibility, security and convenience when making purchases both on and off campus

SunTrust Banks, Inc. (NYSE: STI) and MasterCard Worldwide today announced the launch of the SunTrust Campus Card, an innovative product that integrates a student identification (ID) card with a...

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Apr 26, 2011

The Board of Directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.01 per common share. The dividend is payable on June 15, 2011, to shareholders of...

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Apr 25, 2011

SunTrust Banks, Inc. (NYSE: STI) today announced that SunTrust Chief Financial Officer Mark Chancy has been named Wholesale Banking Executive, a newly-created post. He assumes responsibility for...

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Apr 21, 2011

SunTrust Banks, Inc. (NYSE: STI) today announced that the Company's Board of Directors has named James M. Wells III Executive Chairman and William H....

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Apr 21, 2011
Continued Improvement in Operating Trends; Redemption of TARP Shares Completed

SunTrust Banks, Inc. (NYSE: STI) today reported net income per average common share of $0.08 for the first quarter of 2011, or $0.22 excluding the $0.14 non-cash charge related to the redemption...

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Mar 31, 2011

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release first quarter 2011 results and host a conference call on Thursday, April 21, 2011. The earnings release and presentation...

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Mar 30, 2011

SunTrust Banks. Inc. (NYSE: STI) today announced that it has completed its previously announced repurchase of $3.50 billion of Fixed Rate Cumulative Preferred Stock, Series C and $1.35 billion of...

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Mar 29, 2011

SunTrust Banks, Inc. (NYSE: STI) today announced that Kevin S. Blair has been named Chairman, President and Chief Executive Officer of SunTrust Bank, Georgia Region. He succeeds William B. Haile,...

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Mar 24, 2011

SunTrust Banks, Inc. (NYSE: STI) has named William H. Peele President and Chief Executive Officer of SunTrust Bank, Mecklenburg/South Carolina Region. He succeeds Carl E. Wicker, Jr. who will...

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Mar 22, 2011

SunTrust Banks, Inc. (NYSE: STI) announced today that Jerome T. Lienhard has been named President and Chief Executive Officer of SunTrust Mortgage, Inc....

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Mar 18, 2011

SunTrust Banks, Inc. (NYSE: STI) announced it has priced a $1.04 billion offering of approximately 35.25 million shares of its common stock at $29.50 per share. Goldman, Sachs & Co., Morgan...

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Mar 18, 2011
Commences $1 Billion Common Stock Offering and Plans to Repurchase TARP Preferred Stock

SunTrust Banks, Inc. (NYSE: STI) announced that the Federal Reserve has completed its review and has not objected to SunTrust's capital plan submitted in connection with the Comprehensive Capital...

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Mar 2, 2011

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the 2011 Citigroup Financial Services Conference in New York City on Wednesday, March 9, 2011. Time: 11:15 a.m. (EST) Presenter:

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Feb 24, 2011

SunTrust Banks, Inc. (NYSE: STI) announced that it has won two TNS Choice Awards – including both national and East Region honors – for superior performance in consumer banking. Winners are...

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Feb 11, 2011

SunTrust Banks, Inc. (NYSE: STI) announced today that Larry L. Prince and Karen Hastie Williams plan to retire from the company's Board of Directors this year. In addition, the company announced...

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Feb 8, 2011

The Board of Directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.01 per common share. The dividend is payable on March 15, 2011, to shareholders of...

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Feb 8, 2011

SunTrust Banks, Inc. (NYSE: STI) today launched Solid Financial Foundation, the bank's newest program to help consumers "live solid" and take control of their daily finances and financial future....

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Jan 25, 2011

SunTrust Banks, Inc. (NYSE: STI) has won 18 Greenwich Excellence Awards for distinguished performance in serving the financial needs of business clients in 2010, doubling the number of Greenwich...

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Jan 21, 2011
Earnings of $0.23 per Share Driven by Solid Revenues and Continued Improvement in Credit Quality

SunTrust Banks, Inc. (NYSE: STI) announced today that solid revenues and further improvement in credit quality resulted in net income available to common shareholders of $114 million, or $0.23 per...

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