- Reuters•13 hours ago
The Federal Reserve will seek significantly more capital from the largest U.S. banks and give some relief to smaller lenders as it updates its annual stress test, Fed Governor Daniel Tarullo said on Monday. The reforms will include a new capital buffer to better protect the financial system from a shock at the nation's largest lenders like JPMorgan Chase, Bank of America and Wells Fargo. Under the plan, roughly 25 regional banks including Regions Bank and SunTrust Bank would face less scrutiny during the annual stress test.
- PR Newswire•8 days ago
ATLANTA, Sept. 19, 2016 /PRNewswire/ -- This week 125 years ago, the Georgia State Legislature approved the incorporation of the Commercial Travelers' Savings Bank, the earliest Georgia forerunner to what is now SunTrust Banks, Inc. (STI). Founded by 24 people from all walks of life with various business backgrounds, the institution became known as Trust Company of Georgia in 1893 and changed its focus from a savings and loan institution to managing trusts and engaging in investment banking and underwriting securities. In 1985, Trust Company of Georgia merged with SunBanks, Inc. of Florida to form SunTrust Banks, Inc., representing the Southeast's first regional interstate bank merger.
SunTrust Banks, Inc. (STI)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||36.12 x 100|
|Ask||42.81 x 200|
|Day's Range||42.70 - 43.87|
|52wk Range||31.07 - 45.24|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||11.57|
|Avg Vol (3m)||3,440,175|
|Dividend & Yield||1.04 (2.35%)|