- PR Newswire•6 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.
- American City Business Journals•6 days ago
Georgia’s largest bank celebrated its 125th birthday Sept. 19 at the Atlanta History Center with the opening of a time capsule from 1972. Atlanta Mayor Kasim Reed, Atlanta-based SunTrust Banks Inc. (STI) Chairman and CEO William H. Rogers and Atlanta History Center President and CEO Sheffield Hale were among those in attendance for the event and the presentation of $1,000 donations to several Atlanta-area high school student councils, who were invited to contribute items to a new time capsule that will be sealed for 25 years and opened in 2041. The Trust Company of Georgia was founded as the Commercial Travelers' Savings Bank on Sept. 21, 1891.
SunTrust Banks, Inc. (STI)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||42.61 x 300|
|Ask||44.85 x 200|
|Day's Range||43.90 - 44.55|
|52wk Range||31.07 - 45.24|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||11.96|
|Avg Vol (3m)||3,435,180|
|Dividend & Yield||1.04 (2.35%)|