68.96 0.00 (0.00%)
After hours: 4:32PM EDT
|Bid||65.00 x 800|
|Ask||71.73 x 800|
|Day's Range||68.47 - 69.24|
|52 Week Range||51.96 - 73.37|
|PE Ratio (TTM)||15.43|
|Forward Dividend & Yield||1.60 (2.37%)|
|1y Target Est||N/A|
A newly approved measure cuts some regulations for small lenders that were included in the Dodd-Frank reform bill.
SunTrust Banks and other superregional bank stocks neared buy zones Tuesday. After the close, the House voted to ease some post-crisis Dodd-Frank restrictions on the financial industry.
SunTrust (STI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A report from an investment bank identifies a baker’s dozen of regional banks looking to make money by growing deposit market share.
As if there wasn’t enough reason to be bullish on them in the shadow of rising interest rates, Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C) and Wells Fargo & Co (NYSE:WFC) — along with all other bank stocks — could soon be enjoying an even stronger tailwind. By the time you’re reading this, the U.S. bank regulations landscape could look considerably different than it has at any time since 2008’s subprime mortgage meltdown. The matter is now in the hands of the nation’s House of Representatives.
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Over the past 10 years, SunTrust Banks Inc (NYSE:STI) hasRead More...
With mortgage rates increasing, home prices on the uptick and countless first-time buyers getting priced out of the real estate market, lenders have set their sights on the nation's doctors, hoping to get them into a new home and mortgage. Bank of America Corporation ( BAC) told CNBC that the dollar volume of mortgages held by doctors has increased ninefold from 2008 through 2017. Meanwhile, Bank SNB, the Oklahoma bank owned by Simmons First National Corporation ( SFNC), told CNBC that it has issued $50 million in mortgages for physicians in 2017 and expects to double that in 2018.
Anil Cheriyan just retired from SunTrust after a tremendous run over the past six years. He reflects on the significant digital transformation he led, the new roles he created, the value the company derived, and the future of the CIO role.
Whether you like it or not, most of your day-to-day activities leave behind digital footprint You access banking services, use online day trading outlets, store photos of your family on a cloud service, and enter credit card information online. In order to put privacy awareness in the spotlight, the American Library Association has declared May 1 - May 7 Choose Privacy Awareness Week. What Is Choose Privacy Awareness Week? The American Library Association started Choose Privacy Awareness Week to increase public awareness of privacy issues and instill intellectual freedom in libraries.
Central Florida's banks are ready to grow, despite increased competition and the need for high-tech advancements.
Netflix impressed, yet again, by surpassing sky-high subscription estimates, ranking first on this week’s list. The unexpected shift to a more peaceful approach from the North Korean authorities, coupled with the upcoming summit between the two neighbors of the Korean Peninsula, put South Korea into the spotlight these past few days. Regional banks are set to capitalize on rising interest rates and deregulation, while commodities, particularly aluminum prices, whipsawed on strong demand, trade conflicts and U.S. sanctions. Check out our previous trends edition at Trending: Investors Apathetic to Barclays’ $1.2 Billion ETN Shutoff.
"We apologize to clients who may have been affected by this," CEO Bill Rogers said in a statement.
SunTrust Banks STI said on Friday a former employee may have attempted to download some information on nearly 1.5 million clients and share it with a criminal third-party. The company said it believes the information included names and account balances, but not personally identifiable information such as social security numbers. SunTrust said that it believes the stolen information had not left the bank.
Large banks such as SunTrust Banks Inc (NYSE:STI), with a market capitalisation of US$30.63B, have benefited from improving credit quality as a result of post-GFC recovery, leading to a strongRead More...
Loan growth and higher rates are expected to boost SunTrust's (STI) NII in Q1. Also, fee revenues are expected to remain stable.
A big chunk of space may come available in Orlando's tallest high-rise — just what the office market needs.
The legislation would raise the threshold for a bank being considered “too big to fail” while also relaxing mortgage rules and eliminate some paperwork for community banks.
The Atlanta-based financial institution reportedly is gearing up to move into newly built Class A office space on nearby Church Street.
Today community banks and regional banks are more like utility stocks, with steady earnings growth and fairly low valuations that have been rising all year from very low levels.