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2018 Archives

Dec 19, 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 5.50% from 5.25%, effective December 20,...

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Dec 19, 2018

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release fourth quarter 2018 results on Friday, January 18, 2019. SunTrust management will host a conference call that morning and...

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Dec 19, 2018

Junior Achievement (JA) of Middle Tennessee is pleased to announce the SunTrust Foundation has pledged $750,000 to support a new program for students called JA Finance Park. The SunTrust...

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Nov 28, 2018

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the Goldman Sachs US Financial Services Conference in New York on Tuesday, December 4, 2018. Time: 8:10 a.m. (ET) Presenter:...

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Nov 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 December 17, 2018, to common...

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Nov 13, 2018
Survey finds correlation between healthy money habits and holiday happiness

Nearly half of Americans (49 percent) are feeling pressure to spend more than they can afford this season, up from 46 percent last year, according to an annual holiday survey by SunTrust Banks,...

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Nov 8, 2018
LightStream survey finds low awareness of debt consolidation as a strategy to manage debt

More than 80 percent of U.S. consumers consider paying down debt a financial priority1. Yet, a recent LightStream Survey conducted by the Harris Poll* found that 23 percent believe it is nearly...

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Nov 8, 2018
More than a third of businesses lack a transition plan

As Baby Boomers increasingly reach retirement age, a third expect to transition the ownership of their business in the next five years, according to a SunTrust survey. More than a third (36...

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Nov 1, 2018

LIFT Orlando announced today a $1.2 million grant from the SunTrust Foundation spread over three years to establish the SunTrust Financial Well-Being Center at the Communities of West Lakes. The...

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Nov 1, 2018

SunTrust Banks, Inc. (NYSE: STI) today announced that Jerome Lienhard will retire as chief risk officer at the end of the year, following an outstanding 40-year career in the financial services...

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Oct 30, 2018

SunTrust Banks, Inc. (NYSE:STI) today issued a reminder to the holders of the company's Series B Warrants to purchase SunTrust common stock (NYSE: STI WS B) and the company's Series A Warrants to...

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Oct 30, 2018

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the BancAnalysts Association of Boston Conference in Boston on Thursday, November 8, 2018. Time: 3:05 p.m. (ET) Presenter:...

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Oct 25, 2018

SunTrust Banks, Inc. (NYSE: STI) has been named a leader in the Javelin's 2018 Online Banking and 2018 Mobile Banking Scorecards in four distinct categories. SunTrust received leader recognition...

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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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