63.20 0.00 (0.00%)
After hours: 4:39PM EST
|Bid||60.00 x 1300|
|Ask||0.00 x 2200|
|Day's Range||61.40 - 63.21|
|52 Week Range||57.17 - 75.08|
|Beta (3Y Monthly)||1.48|
|PE Ratio (TTM)||10.86|
|Earnings Date||Jan 17, 2019 - Jan 21, 2019|
|Forward Dividend & Yield||2.00 (3.15%)|
|1y Target Est||74.39|
ATLANTA , Nov. 14, 2018 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.50 per common share. The dividend is payable on ...
Thirty-six percent of the survey respondents said they had no specific plans for transitioning to a new owner.
ATLANTA, Nov. 13, 2018 /PRNewswire/ -- Nearly half of Americans (49 percent) are feeling pressure to spend more than they can afford this season, up from 46 percent last year, according to an annual holiday survey by SunTrust Banks, Inc. (STI). SunTrust, a purpose-driven company, is leading the onUp movement to advance financial wellness in America.
The move to 300 South Orange will mean Bank of America is positioning itself in a more prominent location in the central business district.
"People who are carrying debt often overlook cost-reducing solutions," said Todd Nelson, senior vice president at LightStream, a division of SunTrust Bank (STI). According to the survey, this is particularly true for Generation X (ages 36-51), who expressed concern about their financial confidence. While they are likely heading into their highest earning years, compared to other generations, Gen Xers have also accumulated the most debt. In fact, LightStream found that one in four Gen Xers who are currently in debt (25 percent) say they are not confident in the way they manage it, and 22 percent don't see a way out.
ATLANTA, Nov. 8, 2018 /PRNewswire/ -- As Baby Boomers increasingly reach retirement age, a third expect to transition the ownership of their business in the next five years, according to a SunTrust survey. More than a third (36 percent) do not have a specific plan for how to transition their business, and 21 percent admit that they are not financially prepared for retirement. "Baby Boomer business owners are approaching retirement at a moment when the economy is growing and a high number of private equity firms are seeking investments," said Jason Cagle, head of Commercial Banking for SunTrust.
First Tennessee Bank, member of the First Horizon National Corp. (FHN) family of companies, is partnering with SunTrust Banks, Inc. (STI) to host a special screening of “Andrew Young Presents: The Color of Money” documentary. The screening will take place from 5–8 p.m. on Nov. 19, 2018 at the University Center Theatre at the University of Memphis. “First Tennessee and SunTrust are continuing Dr. Martin Luther King, Jr.’s dream of financial inclusion by providing economic literacy in their communities through Operation HOPE,” said Ambassador Andrew Young.
SunTrust Banks' charitable foundation gave Lift Orlando a grant that will be used to teach financial literacy to residents in the area. The SunTrust Foundation gave the Orlando nonprofit $1.2 million spread over three years toward the SunTrust Financial Well-Being Center. The center initially has begun in the offices for Lift Orlando, but an individual facility is being planned, Lift Orlando Executive director Eddy Moratin told Orlando Business Journal.
ORLANDO, Fla., Nov. 1, 2018 /PRNewswire/ -- LIFT Orlando announced today a $1.2 million grant from the SunTrust Foundation spread over three years to establish the SunTrust Financial Well-Being Center at the Communities of West Lakes. The center will offer residents a wide range of support services to help them gain financial confidence. The SunTrust Financial Well-Being Center will initially be located at the HUB, the current office space for LIFT Orlando.
There is considerable debate on whether regional banks, which trade at valuations well below average, are a value trap or a screaming bargain. The (KRE) (KRE) gained 0.9% on Wednesday, and it was up 1.1% around midday on Thursday.
SunTrust picked the successor for Jerome Lienhard, who will retire as the company's chief risk officer.
ATLANTA , Nov. 1, 2018 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today announced that Jerome Lienhard will retire as chief risk officer at the end of the year, following an outstanding 40-year career ...
With Trump-appointed officials at the heads of the major regulatory agencies, it is unlikely that the midterms will affect the momentum of financial regulatory policy.
ATLANTA, Oct. 30, 2018 /PRNewswire/ -- SunTrust Banks, Inc. (STI) today issued a reminder to the holders of the company's Series B Warrants to purchase SunTrust common stock (NYSE:STI WS B) and the company's Series A Warrants to purchase SunTrust common stock (NYSE:STI WS A) that these warrants will expire on Wednesday, November 14, 2018, and Monday, December 31, 2018, respectively, and will no longer be exercisable thereafter.
ATLANTA , Oct. 30, 2018 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the BancAnalysts Association of Boston Conference in Boston on Thursday, November 8, 2018 ...
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As branch consolidations hit institutions across the country, SunTrust Bank is considering bringing a “mobile banking vehicle” to Raleigh.
ATLANTA , Oct. 25, 2018 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) has been named a leader in the Javelin's 2018 Online Banking and 2018 Mobile Banking Scorecards in four distinct categories. SunTrust ...
This nonprofit will add jobs and further investment into the area with its new Pendana at West Lakes development.
The Federal Reserve is raising the federal funds rate, which is supposed to benefit regional banks, but that has not been the case. Conventional wisdom does not work when the banking system has experienced a credit crunch, a zero percent funds rate, three waves of quantitative easing, and now a long and tedious so-called normalization of monetary policy by the Federal Reserve. When the Federal Reserve cut the federal funds rate to 0.00% to 0.25% back in December 2008, banks had a difficult time managing net interest income.
Salesforce.com Inc. (NYSE: CRM) announced it's adding 600 jobs in Atlanta and naming an office tower after itself. In a news release, the San Francisco-based software provider unveiled the new name of its Southeast regional office as “Salesforce Tower Atlanta.” The 34-story building, at 950 East Paces Ferry Road in Buckhead, had been known as Atlanta Plaza. Salesforce has been a tenant in the building for several years.