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2018 Archives

Oct 19, 2018
Continued Efficiency Improvements, Strong Credit Quality, Higher Capital Return, and Favorable Operating Environment Drive 47% Year-over-Year EPS Growth

SunTrust Banks, Inc. (NYSE: STI) reported net income available to common shareholders of $726 million, or $1.56 per average common diluted share. These results include $0.14 per share of discrete...

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Oct 18, 2018

The SunTrust Foundation today announced the winners of the 2018 Lighting the Way Awards, giving a total of $2.7 million in grants to 36 nonprofit organizations across the South and Midwest to...

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Oct 12, 2018
SunTrust Bank also Accepting Financial Donations at All Branches

The SunTrust Foundation announced today it will commit $300,000 to various disaster relief and recovery efforts to support communities and businesses impacted by Hurricane Michael. Immediately,...

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Oct 12, 2018

ATLANTA – SunTrust Bank is deploying two mobile ATMs to the Florida Panhandle to help residents with their financial needs as the city and surrounding area recover from Hurricane Michael. The...

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Sep 26, 2018

Following the Federal Reserve's announcement to increase the Federal Funds rate, SunTrust Bank announced today it has increased its prime lending rate to 5.25% from 5.00%, effective September 27,...

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Sep 21, 2018

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release third quarter 2018 results on Friday, October 19, 2018. SunTrust management will host a conference call that morning and...

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Sep 18, 2018

The SunTrust Foundation announced today it will commit $300,000 to various disaster relief and recovery efforts to support communities and businesses impacted by Hurricane Florence. Immediately,...

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Sep 12, 2018

ATLANTA (September 12, 2018) – SunTrust Bank Charitable Irrevocable Trust and SunTrust Bank Trusteed Foundations, which include the Florence C. and Harry L. English Memorial Fund, the Walter H....

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Aug 29, 2018
SunTrust finds seven in ten college football fans willing to make tradeoffs to pay for game day

Some fans will spend hundreds to thousands of dollars on college football activities this season, from hosting game-day parties to attending the big games. According to a SunTrust survey conducted...

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Aug 22, 2018

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the Barclays Global Financial Services Conference in New York on Wednesday, September 12, 2018. Time: 9:00 a.m. (ET)...

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Aug 14, 2018

The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.50 per common share. The dividend is payable on September 17, 2018, to common...

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Aug 7, 2018

SunTrust Banks, Inc. (NYSE: STI) today announced it has opened new Private Wealth Management offices in Cincinnati and Cleveland. The expansion allows SunTrust to broaden its presence in Ohio and...

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Aug 2, 2018

(Chapel Hill, N.C. – Aug. 2, 2018) – The SunTrust Foundation will give a nearly $1 million grant to NCGrowth, an affiliated center of the Frank Hawkins Kenan Institute of Private Enterprise,...

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Jul 26, 2018
Survey finds travel, not emergencies, as Americans' top reason to save

SunTrust Banks, Inc. (NYSE: STI) today revealed that more Americans are saving their money for travel, surpassing saving for emergencies, retirement or purchasing a car or home, according to its...

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Jul 25, 2018

Statement from SunTrust Chairman & CEO Bill Rogers: "We mourn the loss of our director and great friend, Phail Wynn, one of the longest serving SunTrust board members. He had a tremendous impact...

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Jul 20, 2018
Solid Revenue Growth, Improved Efficiency, and Favorable Operating Environment Drive 45% Year-over-Year EPS Growth

SunTrust Banks, Inc. (NYSE: STI) reported net income available to common shareholders of $697 million, or $1.49 per average common diluted share. Diluted earnings per share increased 16% compared...

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Jul 17, 2018
SunTrust Foundation Extends Partnership with UTIA to Benefit More Middle and High School Students

(NASHVILLE, Tenn. – July 17, 2018) ― The SunTrust Foundation will expand its existing partnership with the University of Tennessee Institute of Agriculture (UTIA) to increase financial...

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Jun 28, 2018

SunTrust Banks, Inc. (NYSE: STI and the "Company") announced today that the Federal Reserve Board has completed its review of the Company's capital plan submitted in connection with the 2018...

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Jun 20, 2018

SunTrust Banks, Inc. (NYSE: STI) is now the official banking partner for Hartsfield-Jackson Atlanta International Airport. SunTrust recently received approval from the Atlanta City Council to open...

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Jun 14, 2018
Long-term care communities across the U.S. can now access bank's industry expertise

SunTrust Banks, Inc. (NYSE: STI) announced a nationwide expansion of its Aging Services/Senior Living Industry Practice group, leveraging existing SunTrust Bank and SunTrust Robinson Humphrey,...

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Jun 13, 2018

Following the Federal Reserve's announcement to increase the Federal Funds rate, SunTrust Bank announced today it has increased its prime lending rate to 5.00% from 4.75%, effective June 14, 2018....

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Jun 1, 2018

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release second quarter 2018 results on Friday, July 20, 2018. SunTrust management will host a conference call that morning and...

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May 21, 2018
Most popular requests are their own room and a large backyard

When it comes to purchasing a new home, 55 percent of U.S. homeowners with a child under the age of 18 at the time of home purchase say the opinion of their child was a factor in their home buying...

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May 17, 2018

SunTrust Banks, Inc. (NYSE: STI) is scheduled to speak at the Bernstein Strategic Decisions Conference in New York on Wednesday, May 30, 2018. Time: 3:00 p.m. (Eastern Time) Presenter: William H....

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May 14, 2018

Small businesses seeking to capitalize on improved economic conditions are planning to make their social media and online presence a greater priority this year. According to a SunTrust Banks, Inc....

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