|Bid||50.70 x 800|
|Ask||50.76 x 800|
|Day's Range||50.64 - 52.46|
|52 Week Range||50.64 - 75.08|
|Beta (3Y Monthly)||1.48|
|PE Ratio (TTM)||8.71|
|Earnings Date||Jan 17, 2019 - Jan 21, 2019|
|Forward Dividend & Yield||2.00 (3.83%)|
|1y Target Est||73.33|
Gregory A. Farno, 62, became SunTrust's new Maryland market president on Aug. 30 after Sam DiPaolo's abrupt departure.
Asian markets rose Monday on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of slower global growth.
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in October, blaming macroeconomic conditions and unpredictable events that hit several sectors, with healthcare among them. Nevertheless, most investors decided to stick to their bullish theses and their long-term focus allows us to profit from the recent declines. […]
One 2019 trend to watch in the banking sector: big M&A deals between large regionals no longer held back by regulatory red tape.
JLL, the third-largest commercial real estate brokerage firm in Orlando, is searching for more downtown office space after hiring the entire team from Orlando-based boutique real estate firm Cite Partners, the 10th-largest real estate firm in Orlando, on Dec. 7. JLL (NYSE: JLL) now is looking to bring all of its employees together in a roughly 18,000-square-foot space. JLL will decide on its future lease situation in the next 10 months, Tim Rivers, Florida market director at JLL who is based in Tampa, told Orlando Business Journal.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...
Central Florida's health care providers are preparing to meet a growing need for hospitals and other medical services in the area. The Orlando-Kissimmee-Sanford metro area's population is expected to grow from 2.18 million in 2011 to a projected 4.02 million in 2047, according to the University of Central Florida Institute for Economic Competitiveness. Henry Grady III, the health care industry manager for SunTrust Banks Inc. (NYSE:STI), believes medical providers in Orlando are looking at those areas of growth when they build new health facilities.
He will drive IT modernization throughout government by helping agencies build, buy and share technology more easily.
New Jersey-based Valley Bank has a new Central Florida market president. Sam Miles, who has been leading Valley’s operations in Orlando for the past 10 years as the city's market president, will oversee both the Orlando and Jacksonville markets for the bank. Miles takes over the position after Sandy Hostetter left to become SunTrust Banks Inc.'s (NYSE: STI) Central Florida market president.
Add intelligence to machines and you don’t need operators. Add intelligence to business processes and you can make them self-service. At its Dec. 4 closing price of $157 per share, Nvidia is still selling at about 8 times last year’s sales, but its data center business remains strong.
The SPDR S&P Regional Banking ETF lost 5.3 percent and fell into bear market territory, more than 20 percent off its all-time high notched in June. Shares of SunTrust, Citizens Financial Group, Fifth Third Bancorp and Regions Financial all fell more than 5 percent in afternoon trading. Larger national banks including Bank of America, Morgan Stanley and Citigroup all dropped more than 4 percent.
The city of Atlanta and five Atlanta-based corporate giants are teaming up to launch a workforce training initiative that will operate out of Atlanta Technical College. The Center for Workforce Innovation will be a "game changer" for efforts to match unemployed Atlantans with jobs in high demand, Mayor Keisha Lance Bottoms said Nov. 26 during a news conference at Atlanta City Hall. Working through the Atlanta Committee for Progress (ACP), a partnership of business, civic and academic leaders, the initiative was put together during the last year and a half by top executives at Delta Air Lines Inc. (NYSE: DAL), The Home Depot Inc., SunTrust Banks Inc. (NYSE: STI), Georgia Power Co. and Intercontinental Exchange.
ATLANTA , Nov. 28, 2018 /PRNewswire/ -- 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 ...
SunTrust is the largest bank in the Atlanta metro area by market share, according to data from the Federal Deposit Insurance Corp. As of Sept. 30, 2018, the bank had total assets of $211 billion and total deposits of $160 billion, per a company release.
The city and real estate executives had hoped a new-to-Orlando tenant would backfill the office space.
"It’s kind of ironic that I started my career trying to take business from Sun Bank," she said. "Now, I hope to build this bank’s market share even bigger than it is today."
New York-based global co-working giant WeWork Cos. is eyeing space inside Orlando's SunTrust Center, arguably the most iconic office building in Central Florida.
SunTrust Banks Inc. is honing its advisory services to better serve an influx of baby boomers looking to transition their businesses into the next generation.
Caplinger was awarded the Women in Technology (WIT) Woman of the Year Award this year in the large business category.
Bell Partners Inc., based in Greensboro, announced its acquisition on behalf of its Fund VI investors of Broadstone Plantation in Plantation, Florida, which it has renamed Bell at Plantation.