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2014 Archives

Jul 21, 2014
Solid Balance Sheet Growth and Increased Noninterest Income Generate Revenue Momentum

SunTrust Banks, Inc. (NYSE: STI) today reported net income available to common shareholders of $387 million, or $0.72 per average common diluted share. The current quarter's results were...

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Jul 16, 2014

SunTrust Banks, Inc. (NYSE: STI) is celebrating the first group of students to graduate from its PATHways Professional Banking Operations and Leadership program.

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Jul 11, 2014

SunTrust Banks, Inc. (NYSE: STI) announced today it is teaming with LearnVest to provide tips and information to help people gain more control over their finances. As a purpose-driven company...

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Jul 3, 2014

SunTrust Banks, Inc. (NYSE: STI) today announced that the United States Attorney's Office for the Western District of Virginia and SunTrust Mortgage, Inc. have reached an agreement resolving...

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Jun 23, 2014

To better serve the specialized Private Wealth Management needs of medical practitioners, SunTrust Banks, Inc. (NYSE: STI) has established a Medical Specialty Group of financial advisors with...

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Jun 19, 2014

SunTrust Banks, Inc. (NYSE: STI) was recently selected by the U. S. Treasury Department's Community Development Financial Institutions Fund to receive $43 million in tax credit allocation...

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Jun 19, 2014

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release second quarter 2014 results prior to the market opening on Monday, July 21, 2014. SunTrust management will host a...

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Jun 17, 2014

SunTrust Banks, Inc. (NYSE: STI) today announced the definitive agreement to settle certain legacy mortgage matters with the U.S. Department of Housing and Urban Development and the U.S....

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Jun 17, 2014

SunTrust Banks, Inc. (NYSE: STI) is expanding its wholesale automobile dealer financial services to Dallas, Chicago and Boston, offering a full line of wholesale and indirect banking products to...

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Jun 13, 2014

SunTrust Banks, Inc. (NYSE: STI) is now offering EMV chip technology in all new consumer, business and commercial credit cards as an additional layer of protection for client information. The...

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Jun 2, 2014

Employees of RidgeWorth Investments (RidgeWorth) alongside investment funds affiliated with Lightyear Capital LLC (Lightyear), a leading financial services private equity firm, have acquired...

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May 27, 2014
Greg Badger to Lead Northeast Corporate Banking Team

SunTrust Robinson Humphrey (STRH) today announced that it has established a new corporate banking office in Boston and hired veteran New England banker Greg Badger as group head of its...

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May 19, 2014

SunTrust today announced the introduction of a new set of trade processing and payment tools for companies and institutions that conduct business in international markets. The new trade-processing...

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May 16, 2014

SunTrust Banks, Inc. (NYSE: STI) today issued the following statement: SunTrust supports the rights of all Americans to fully exercise their freedoms granted under the Constitution, including...

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May 14, 2014

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the Deutsche Bank Global Financial Services Investor Conference on Tuesday, May 27, 2014. Time: 11:05 a.m. (Eastern Time)...

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May 12, 2014
Branch includes the first fully-automated safety deposit box system in the U.S.

SunTrust Banks, Inc. (NYSE: STI) recently unveiled the latest in banking technology at the SunTrust Plaza Garden building in downtown Atlanta. This branch will be a testing ground for new concepts...

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May 12, 2014

SunTrust Robinson Humphrey (STRH) today announced the addition of three highly respected banking industry veterans to its Chicago-based Midwest Corporate Banking team. Wes Frangul, Jonathan...

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May 5, 2014

An overwhelming majority of consumers – 73 percent – will plan to use savings to pay for memorable life events they have planned in 2014, versus 21 percent who plan to use credit cards and 12...

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Apr 24, 2014
New Technology and Expansion Fuel Growth for Small and Mid-Market Companies

Business owners and top decision-makers are more optimistic about their own businesses in 2014 than they are about the overall U.S. economy, according to an annual survey sponsored by SunTrust...

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Apr 22, 2014

The Board of Directors of SunTrust Banks, Inc. (NYSE: STI) today announced an increase in the dividend on SunTrust common stock. A quarterly cash dividend of $0.20 per common share was declared...

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Apr 21, 2014
Continued Loan Growth, Disciplined Expense Management, and Asset Quality Improvements Help Drive Solid Results

SunTrust Banks, Inc. (NYSE: STI) today reported net income available to common shareholders of $393 million, or $0.73 per average common diluted share, representing a 16% increase from the first...

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Apr 1, 2014
Loans for home improvement projects also on the rise

With consumer confidence and the real estate market on the rise, many homeowners are ready to begin home remodeling or maintenance projects. According to an...

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Apr 1, 2014
Leading Acquisition and Divestiture Firm Enhances Bank's Platform in the Energy Sector

SunTrust Robinson Humphrey (STRH) today announced that it has acquired Houston-based Lantana Oil & Gas Partners, a leading acquisition and divestiture (A&D)...

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Mar 26, 2014

SunTrust Banks, Inc. (NYSE: STI) today announced that the Federal Reserve has completed its review of the Company's capital plan submitted in connection...

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Mar 25, 2014

SunTrust Bank has been named a best brand winner for small business banking and middle market banking by Greenwich Associates, which evaluated more than 750...

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