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2002 Archives

Dec 27, 2002

SunTrust Banks, Inc. said today that Timothy E. Sullivan has joined the Company as Executive Vice President and Chief Information Officer. In that role, Mr. Sullivan, 52, will assume executive...

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Dec 11, 2002

SunTrust Banks, Inc. announced today that it will release fourth quarter/full year results prior to the market opening on Wednesday, January 8, 2003. SunTrust management will host a conference...

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Dec 2, 2002

SunTrust Banks, Inc. will present at the Goldman Sachs Large Cap Bank CEO Conference on Wednesday, December 4, 2002 at 9:00 a.m. Eastern Standard Time. L. Phillip Humann, chairman, president and...

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Nov 21, 2002

In December, SunTrust Robinson Humphrey will change its rating system to three recommendations from the former five- tier system. The new ratings are defined as follows: Overweight (OW) = The...

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Nov 18, 2002

Trusco Capital Management's Managing Director, Christian G. Koch, has been recognized as one of the top buy-side technology analyst by Institutional Investor in its 2002 All-America Research Team...

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Nov 13, 2002

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

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Nov 12, 2002

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.43 per common share. The dividend is payable on December 13, 2002, to shareholders of record...

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Nov 7, 2002

SunTrust Banks, Inc. will present at the Sandler O'Neill & Partners, L.P. Financial Services Conference on Wednesday, November 13, 2002 at 2:55 p.m. Eastern Standard Time. L. Phillip Humann,...

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Nov 7, 2002

SunTrust Bank announced today it has lowered its prime lending rate to 4.25% from 4.75%, effective Thursday, November 7. The prime rate is a benchmark used to set interest rates on various forms...

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Nov 5, 2002

SunTrust Banks, Inc. will present at BancAnalysts Association of Boston Fall Conference on Thursday, November 7, 2002 at 2:45 p.m. Eastern Standard Time. L. Phillip Humann, chairman, president and...

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Nov 5, 2002

Twenty-two industry leading companies are scheduled for presentations to institutional investors at the SunTrust Robinson Humphrey Business Services Conference on Thursday, November 7. The...

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Oct 22, 2002

SunTrust Banks, Inc. announced today that it is turning up the volume on the tailored financial services it provides within the fast-growing music industry. Establishment of STI Music Private...

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Oct 15, 2002

SunTrust Banks, Inc. will commemorate the National Disability Mentoring Day, which is being held tomorrow, Wednesday, October 16, 2002, by holding mentoring and recruiting sessions for students...

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Oct 9, 2002
'No Negative Surprises': Results Reflect Company's Emphasis on Consistency Despite Tough Economy

SunTrust Banks, Inc. today reported net income for the third quarter of 2002 of $343.0 million, up 3% from $334.1 million in the third quarter of 2001. Net income per diluted share was $1.20, up...

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Oct 1, 2002

SunTrust Banks, Inc. announced today that Donald Hutchinson will be joining the company as its Maryland regional president and CEO effective November 1, 2002. In this capacity, Mr. Hutchinson, 56,...

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Sep 24, 2002

Alexander Key Investments, a full-service retail brokerage affiliate of SunTrust Banks, Inc. , has opened a Nashville office at 2525 West End Avenue in the Vanderbilt area that will provide...

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Sep 18, 2002

SunTrust Banks, Inc. announced today that it will release third quarter results prior to the market opening on Wednesday, October 9, 2002. SunTrust management will host a conference call on...

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Sep 12, 2002

SunTrust Banks, Inc. announced today that it has introduced the SunTrust Financial Planning Group, a highly specialized organizational unit that will provide a comprehensive package of financial...

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Sep 12, 2002

SunTrust Robinson Humphrey announced today it has formed a partnership with Trapeza Funding LLC for purchasing privately placed trust preferred securities issued by community banks. The...

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Sep 9, 2002

Thirteen community banks based in the Southeast and Mid-Atlantic will make presentations to retail and institutional investors at the SunTrust Robinson Humphrey Sunbelt Community Banking...

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Sep 3, 2002

Robert Hazlett, III, has joined SunTrust Robinson Humphrey Capital Markets as a director and senior research analyst covering pharmaceutical and specialty pharmaceutical companies. He has six...

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Aug 29, 2002

SunTrust Banks, Inc. will present at the Merrill Lynch Banking and Financial Services Investor Conference on Wednesday, September 4, 2002 at 9:20 a.m. Eastern Time. L. Phillip Humann, chairman,...

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Aug 20, 2002

SunTrust Banks, Inc. and the Atlanta Falcons announced today that the two organizations have signed a four-year sponsorship agreement designating SunTrust as the "Official Bank of the Atlanta...

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Aug 13, 2002

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.43 per common share. The dividend is payable on September 13, 2002 to shareholders of record...

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Aug 13, 2002
Company to Expense Options, Expand Board Governance Role; Moves Consistent With Long-Time Conservative Approach

SunTrust Banks, Inc. announced today several shareholder-oriented steps taken in response to the current national business climate, and in line with the Company's long-standing conservative...

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