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2005 Archives

Apr 18, 2005
Company Says Positive Trends Continue and NCF Merger Integration Remains on Track

SunTrust Banks, Inc. today reported net income for the first quarter of 2005 of $492.3 million, up from $361.8 million in the first quarter of 2004. Net income per diluted share was $1.36, up 6%...

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Apr 12, 2005

SunTrust Banks, Inc. today announced that Gay O. Abbott has been named head of the company's Commercial Banking line of business. Ms. Abbott succeeds Carl F. Mentzer who had been previously named...

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Apr 11, 2005

SunTrust Banks, Inc. announced today that Hugh "Beau" Cummins has been named Senior Managing Director and Head of SunTrust Robinson Humphrey Debt Capital Markets, a unit of the Corporate and...

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Mar 22, 2005

SunTrust Bank announced today it has increased its prime lending rate to 5.75% from 5.50%, effective March 22, 2005. The prime rate is a benchmark used to set interest rates on various forms of...

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Mar 21, 2005

SunTrust Banks, Inc. announced today that it will release first quarter results prior to the market opening on Monday, April 18, 2005. SunTrust management will host a conference call on April 18,...

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Mar 18, 2005

We're the best....blah blah blah

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Mar 15, 2005

SunTrust Banks, Inc. announced today that is introducing a new corporate logo that will start being visible on building signs, advertising, marketing materials, suntrust.com and all other company...

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Feb 9, 2005

Asset Management Advisors (AMA), a multi-family office and affiliate of SunTrust Banks, Inc. , today announced the opening of its newest location to serve clients in the Tampa Bay area. The office...

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Feb 8, 2005
Company Says Move Consistent With Dividend Increase Pattern

The Board of Directors of SunTrust Banks, Inc. today announced a 10% dividend increase. A quarterly cash dividend of $0.55 per common share was declared payable on March 15, 2005 to shareholders...

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Feb 7, 2005

SunTrust Banks, Inc. will present at the CSFB 2005 Financial Services Conference on Wednesday, February 9, 2005 at 7:30 a.m. Eastern Time. Mark A. Chancy, senior executive vice president and chief...

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Feb 2, 2005

SunTrust Bank announced today it has increased its prime lending rate to 5.50% from 5.25%, effective February 2, 2005. The prime rate is a benchmark used to set interest rates on various forms of...

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Jan 25, 2005

SunTrust Banks, Inc. will present at the Smith Barney Citigroup Financial Services Conference on Thursday, January 27, 2005 at 2:45 p.m. Eastern Time. L. Phillip Humann, chairman and chief...

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Jan 20, 2005
Company Says Year Ends on "Encouraging Note;" National Commerce Merger Adds to Results

SunTrust Banks, Inc. today reported net income for the fourth quarter of 2004 of $455.7 million, up from $342.5 million in the fourth quarter of 2003. Net income per diluted share was $1.26, up 4%...

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Jan 18, 2005

SunTrust Banks, Inc. today announced that Gregory W. Ketron has been named Director of Investor Relations. In this capacity, he will oversee SunTrust's communications and relationships with equity...

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Jan 12, 2005

As previously announced, SunTrust Banks, Inc. received notice in October 2004 that the staff of the Securities and Exchange Commission (SEC) was conducting an informal inquiry into matters...

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Jan 12, 2005

Fleet One, L.L.C. is entering 2005 with growing momentum. That's because 2004 will be remembered as the best year in the fleet card company's 16-year history. Fleet One shattered numerous company...

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Jan 6, 2005

SunTrust Banks, Inc. announced it will match employee donations, up to a total of $250,000, for SunTrust employees who donate funds for disaster relief efforts in South Asia and East Africa in...

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Jan 4, 2005

SunTrust Banks, Inc. announced today that it will release fourth quarter/full year results prior to the market opening on Thursday, January 20, 2005. SunTrust management will host a conference...

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