STI - SunTrust Banks, Inc.

NYSE - NYSE Delayed Price. Currency in USD
63.07
-1.42 (-2.20%)
At close: 4:02PM EDT
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Previous Close64.49
Open64.89
Bid57.00 x 1100
Ask0.00 x 2900
Day's Range63.05 - 64.96
52 Week Range46.05 - 75.08
Volume3,530,582
Avg. Volume5,069,220
Market Cap27.956B
Beta (3Y Monthly)1.64
PE Ratio (TTM)10.99
EPS (TTM)5.74
Earnings DateApr 18, 2019
Forward Dividend & Yield2.00 (3.10%)
Ex-Dividend Date2019-02-27
1y Target Est70.98
Trade prices are not sourced from all markets
  • Asian markets largely down as investors take wait-and-see approach
    MarketWatch7 hours ago

    Asian markets largely down as investors take wait-and-see approach

    Asian markets were mostly down in lackluster trading early Wednesday, as investors processed mixed signals on U.S.-China trade talks and awaited the Fed’s meeting later in the day.

  • SunTrust, BB&T still working on new name, CEO Rogers says
    American City Business Journals20 hours ago

    SunTrust, BB&T still working on new name, CEO Rogers says

    "It's a culture-building moment," SunTrust CEO Bill Rogers said of formulating a name to replace SunTrust and BB&T;.

  • PR Newswire22 hours ago

    SunTrust: War for Top Talent Prompts U.S. Businesses to Take Action

    ATLANTA, March 19, 2019 /PRNewswire/ -- According to the annual Business Pulse Survey by SunTrust, seventy-three percent of surveyed U.S. business leaders say the outlook for their own business is strong. To bolster their competitiveness, business leaders say they are focusing on three top priorities – evolving the technical skills of employees, focusing on cash management, and preparing for potential mergers and acquisitions (M&A). "Companies are becoming more employee-focused as the talent war continues and the unemployment rate remains at an all-time low," said Jason Cagle, head of Commercial Banking for SunTrust.

  • Boys & Girls Clubs of America and SunTrust Foundation Announce $1 Million Grant to Help Youth Become Workforce Ready
    PR Newswire2 days ago

    Boys & Girls Clubs of America and SunTrust Foundation Announce $1 Million Grant to Help Youth Become Workforce Ready

    ATLANTA, March 18, 2019 /PRNewswire/ -- Boys & Girls Clubs of America announced today that the SunTrust Foundation has committed $1 million to Boys & Girls Clubs of America's Workforce Development Effectiveness Project to help put youth in up to 45 Clubs across the Southeast on the path toward financial well-being. Stan Little, SunTrust Foundation president, presented Jim Clark, president and CEO of Boys & Girls Clubs of America, with the donation at a special event on Friday, March 15, at The Salvation Army Bellwood Boys & Girls Club in Atlanta.

  • SunTrust gives $5M for Atlanta's Westside revitalization effort
    American City Business Journals2 days ago

    SunTrust gives $5M for Atlanta's Westside revitalization effort

    SunTrust CEO Bill Rogers said the grant reflects the SunTrust’s commitment to the community following the bank's recently announced merger with BB&T;.

  • SunTrust Foundation Awards $5 Million Grant to Westside Future Fund
    PR Newswire2 days ago

    SunTrust Foundation Awards $5 Million Grant to Westside Future Fund

    ATLANTA, March 18, 2019 /PRNewswire/ -- The SunTrust Foundation announced today it awarded a $5 million grant to the Westside Future Fund (WFF). The grant will positively impact Atlanta's historic Westside neighborhoods, whose footprint once housed more than 40,000 residents by supporting mixed-income housing and economic development. This will ensure that legacy residents can continue to call the historic Westside home and thrive as part of the revitalization efforts taking place.

  • 3 Reasons JP Morgan Is a Solid Blue-Chip Play
    InvestorPlace5 days ago

    3 Reasons JP Morgan Is a Solid Blue-Chip Play

    The bullish move of stocks since late December has certainly been impressive. It does show how quickly sentiment can change.Source: Shutterstock Yet the macroeconomic environment still looks dicey. Some of the recent economic data - such as the jobs numbers and home sales - point to a slowing of the U.S. economy. In the meantime, Europe and China continue to have problems. Given all this, it should be no surprise that most central banks have been pursuing looser monetary policies. * 15 Stocks That May Be Hurt by This Year's Big IPOs So what does this mean for the rally? It's tough to tell. With such a big move already, there could easily be a pause or even a pullback as investors take profits. But if the economic situation continues to deteriorate, there will probably be an even bigger toll on the markets, with riskier stocks like to drop more than blue-chip names.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat is why it might be a good idea to look for some more stable, blue-chip companies to put in your portfolio. And a good choice right now is JPMorgan Chase (NYSE:JPM). To see why, let's consider the following three reasons: JP Morgan Stock: Diverse PlatformThe recently announced merger between BB&T (NYSE:BBT) and SunTrust Banks (NYSE:STI) points to the importance of size in the banking industry. The business is highly competitive, as customers want a wide array of services at low costs.But of course, that's great for JP Morgan stock. Note that the company is the largest bank in the U.S, with $1.5 trillion in assets and 62 million U.S. household customers (about 4 million small businesses also use JPM).Additionally, the bank has a diverse platform that includes the top global investment bank and a thriving wealth-management business. Furthermore, JPM is the top player in the highly lucrative credit-card industry.All this highlights the strategic vision and managerial capabilities of JP Morgan's CEO, Jamie Dimon. After all, he showed strong leadership during the financial crisis and has since found ways to deal with the new world of banking. JP Morgan Stock: InnovationAnother benefit of JPM's large size is that it has enough resources to conduct R&D. For example, the company has 49 million active digital customers, and 33 million of them use their mobile devices for banking.But the company has been looking at next-generation technologies, such as blockchain, as well. That system is quite powerful, as it enables secure and transparent collection of data. In other words, it's great for financial transactions.In the blockchain category, JP Morgan has created JPM Coin. It is geared for making settlements for trade more efficient. All in all, the project is a massive opportunity and could be a nice source of fee income.JPM is also using partnerships. Perhaps the most notable one is the alliance with Amazon.com (NASDAQ:AMZN) and Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) to develop Haven, a joint venture focused on lowering health-care costs. JP Morgan Stock: FinancialsOne of the headwinds facing JPM stock has been onerous regulations. However, there is a silver lining; specifically, the regulations have forced JPM to greatly strengthen its balance sheet. What's more, some of the rules have been loosened over the past couple of years.But JPM has been able to consistently generate strong returns on tangible common equity -- regardless of the environment. Its return on tangible common equity came in at 17% last year, versus 10.9% for Citigroup (NYSE:C), 13.7% for Wells Fargo (NYSE:WFC) and 15.5% for Bank of America (NYSE:BAC).The dividend yield of JP Morgan stock, currently around 3.1%, is also attractive. And the valuation of JPMorgan stock is reasonable, as its forward price-earnings multiple is about ten.Tom Taulli is an Enrolled Agent and also operates PathwayTax.com, which is a tax advisory and preparation firm. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post 3 Reasons JP Morgan Is a Solid Blue-Chip Play appeared first on InvestorPlace.

  • Regional Banks Test Resistance on Acquisition News
    Investopedia5 days ago

    Regional Banks Test Resistance on Acquisition News

    Discover what's driving regional banking stocks in the first quarter of 2019. These three industry leaders could keep the momentum going.

  • Reuters6 days ago

    Fed announces 2 public hearings on proposed BB&T, SunTrust merger

    The U.S. Federal Reserve said on Thursday it will hold two public hearings related to BB&T Corp's proposal to acquire SunTrust Banks Inc . The regulator will also extend the public comment period as it aims "to collect information relating to the convenience and needs of the communities to be served" by the lender, the Fed said in a joint statement with the Federal Deposit Insurance Corporation (FDIC). The meetings will be held on April 25 at the Fed's office in Charlotte, North Carolina, and on May 3 at the Fed's office in Atlanta.

  • This is Why SunTrust (STI) is a Great Dividend Stock
    Zacks6 days ago

    This is Why SunTrust (STI) is a Great Dividend Stock

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does SunTrust (STI) have what it takes? Let's find out.

  • PR Newswire8 days ago

    SunTrust to Announce First Quarter 2019 Earnings Results Thursday, April 18, 2019

    ATLANTA , March 12, 2019 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release first quarter 2019 results on Thursday, April 18, 2019 . SunTrust management will host ...

  • Markit8 days ago

    See what the IHS Markit Score report has to say about SunTrust Banks Inc.

    SunTrust Banks Inc NYSE:STIView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for STI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting STI. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold STI had net inflows of $1.05 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. STI credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • The timeline of the BB&T/SunTrust deal: It all started back in August 2018
    American City Business Journals9 days ago

    The timeline of the BB&T/SunTrust deal: It all started back in August 2018

    On Aug. 10, 2018, BB&T;'s Kelly King and SunTrust's Bill Rogers had a discussion which supported their beliefs that each shared many of the same views.

  • SunTrust’s Rogers feeling ‘incredibly bittersweet’ in final letter as CEO
    American City Business Journals12 days ago

    SunTrust’s Rogers feeling ‘incredibly bittersweet’ in final letter as CEO

    In his final letter as chairman and CEO of SunTrust Banks, Bill Rogers thanks employees, executives and shareholders, and says change ahead 'will be thoughtful, supportive and compassionate.' He'll be the No. 2 exec at the combined BB&T;/SunTrust.

  • American Finance Trust, Inc (AFIN) Q4 2018 Earnings Conference Call Transcript
    Motley Fool14 days ago

    American Finance Trust, Inc (AFIN) Q4 2018 Earnings Conference Call Transcript

    AFIN earnings call for the period ending December 31, 2018.

  • 5 Best Companies to Refinance Your Car
    Investopedia14 days ago

    5 Best Companies to Refinance Your Car

    High interest on a car loan can cost you money that you could be used to pay down other bills. Check out some top auto refinance companies in 2019.

  • PR Newswire15 days ago

    INVESTOR ALERT: Monteverde & Associates PC is Investigating the Recently Announced Acquisition

    NEW YORK , March 5, 2019 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...

  • PR Newswire15 days ago

    73% of Homeowners Will Invest in Their Nest This Year

    ATLANTA, March 5, 2019 /PRNewswire/ -- Nearly three in four (73%) homeowners surveyed plan to make home improvements this year, a 26% increase from 2018, according to the sixth annual LightStream Home Improvement Survey conducted by The Harris Poll. Homeowners also plan to spend more on those renovations – an average of about $9,000, the highest amount since the survey began in 2014. In addition, more homeowners this year will take on projects with major price tags.

  • GlobeNewswire15 days ago

    HFBC, NUBK, STI, and TCF SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Buyouts

    WILMINGTON, Del., March 04, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: HopFed Bancorp, Inc. (NasdaqGM: HFBC) regarding possible breaches of.

  • American City Business Journals16 days ago

    Exclusive: Here's the 2nd tenant headed to SunTrust's new $133M downtown tower

    Orlando-based HuntonBrady Architects — Central Florida's largest architecture firm based on billings — plans to move into a tower it designed. The firm expects to relocate to a roughly 22,000-square-foot space in the soon-to-open $132.

  • Houston energy co. to divest $300M in upstream assets
    American City Business Journals16 days ago

    Houston energy co. to divest $300M in upstream assets

    Houston-based Wishbone Energy Partners LLC reached an agreement to divest some of its assets in Texas and New Mexico for $300 million. The divestment has Wishbone selling its North Central Basin Platform business to Midland, Texas-based Ring Energy Inc. (NYSE American: REI) for $270 million in cash and $30 million in Ring Energy stock, according to a Feb. 26 press release. Ring did not have to access capital markets to fund the deal, instead relying on expanded credit from SunTrust Banks Inc. (NYSE: STI), according to the release.

  • Asian markets climb on trade-deal hopes, MSCI expansion
    MarketWatch19 days ago

    Asian markets climb on trade-deal hopes, MSCI expansion

    Asian shares were mostly higher on Friday after a report suggested that the leaders of China and the U.S. could be endorsing a trade deal in weeks.

  • 'Red Shoe Guy' gives optimistic Triad market forecast
    American City Business Journals21 days ago

    'Red Shoe Guy' gives optimistic Triad market forecast

    The "Red Shoe Guy" is optimistic about the economic future of the Triad and North Carolina. KC Conway, the director of research and corporate engagement with the Alabama Center for Real Estate, told the gathering at Wednesday's CCIM Triad Market Forecast that the region is well positioned economically for the coming year. Conway, the self-described Red Shoe Guy, even called North Carolina "the winner" in the chase for the new Amazon headquarters that ended up going to a suburban Washington location in northern Virginia.