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SunTrust Banks, Inc. Message Board

  • dklatt1012 dklatt1012 Jan 14, 2013 1:11 PM Flag

    Thoughts ?

    Looking at Sun Trusts customer base and now solid balance sheet, does it look like a potential take over candidate ? Does to me.

    Regulation can get expensive - sorry GOPers, After 2008 I need to agree with this - Americans deserve credibility from their banking institutions and banks, especially now, are going to be as transparent as glass should any offer be made. If you can't afford to play at the 25 dollar table, the 5 dollar tables are downtown !

    I see it getting gobbled up, with housing on the rebound big banking would be passing up a bargain at this EPS.

    Sentiment: Buy

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    • cruisetillthetiresfalloff cruisetillthetiresfalloff Jan 27, 2013 12:06 PM Flag

      Congratulations!! You are officially the 10 millionth person to predict a takeover of this bank.

      Send me your address and I'll mail your prize, a 5 pack of car fresheners.


    • I don't think so. Any bank large enough to gobble up STI would most likely run into the 10% max deposit threshold. Moreover, STI has FAR TOO GREAT of legacy loan and MBS risk unresolved. That said, I could see STI being a suitor of small regional banks to expand its footprint. They better do something or they will eventually be swallowed up by the big guys but not by choice.

44.18+0.03(+0.07%)Sep 23 4:02 PMEDT