|Bid||0.00 x 0|
|Ask||72.50 x 200|
|Day's Range||67.82 - 68.63|
|52 Week Range||51.96 - 69.56|
|PE Ratio (TTM)||17.42|
|Forward Dividend & Yield||1.60 (2.34%)|
|1y Target Est||N/A|
Bank and industrial earnings will round out the week for investors, as markets also get a check on consumer confidence.
The SunTrust Foundation awarded $16.9 million in grants in 2017 to more than 1,400 educational institutions and nonprofits. Atlanta-based SunTrust Banks Inc. (NYSE: STI) reported the grants helped more ...
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $11.27 billion over the last one-month into ETFs that hold STI are among the highest of the last year, but the rate of growth is slowing.
Some of SunTrust's top Florida executives will have new positions with the bank in 2018. The Atlanta-based bank (STI) announced Thursday that its former top South Florida executive, Manny Perdomo, has been appointed head of international risk delivery. In his new role, Perdomo will be responsible for credit approval, compliance and operational risks for all of SunTrust's international exposures within the consumer and wholesale segments.
One of the largest regulated utilities, Xcel Energy has a mean price target of $50.2, which implies an estimated upside of more than 4% over the next year.
Both BB&T (BBT) and SunTrust (STI) are well poised for growth. However, SunTrust seems to be a better investment option given the higher earnings growth prospects.
SunTrust Banks Inc. (STI) is the latest in a slew of banks announcing minimum wage hikes following the GOP-led tax overhaul, which cuts corporate tax rates to 21%. SunTrust said Friday it will raise the minimum wage for hourly employees to $15 per hour as well as fund merit-based pay increases for about 20% of the bank's workforce. The 401K contribution is in addition to a 6% match opportunity already in place.
In an effort to get more people thinking about their finances, SunTrust Banks Inc. (STI) has created a gaming platform to guide them through key financial decisions. "The goal is to take people from financial stress to financial confidence," said Brian Nelson Ford, financial well-being executive at SunTrust. The game begins by asking users what they value most and then guides them through a map of financial planning (Home Buying Hollow, Lenders Ledge and the like).