|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||60.20 - 61.16|
|52 Week Range||46.05 - 75.02|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||10.72|
|Earnings Date||Oct 17, 2019 - Oct 21, 2019|
|Forward Dividend & Yield||2.24 (3.71%)|
|1y Target Est||69.65|
SunTrust Banks Inc. and BB&T Corp. have picked a SunTrust executive to lead operations in Maryland if they are able to close their mega-merger. Greg Farno, currently the Baltimore market president for SunTrust, will become Maryland regional president of Truist — the name the banks have chosen for the combined entity. Farno's appointment will take effect upon the legal close of the proposed $66 billion deal.
Atlanta-based financial services company Greenlight Financial Technology Inc. has raised $39 million in equity funding. The company, founded in 2014, markets a smart debit card aimed at children that allows parents to use an app to can control their children’s spending.
The largest office relocation in downtown Orlando this year won’t happen as scheduled, which likely will affect other company moves in the urban core. Atlanta-based SunTrust Banks Inc. (NYSE: STI) plans to shift its Orlando headquarters into the still-under-construction SunTrust Plaza at Church Street Station by December, SunTrust spokesman Thomas Crosson said. Previously, the largest bank in Central Florida expected to make its 90,000-square-foot move by August with its roughly 250,000 square feet of former office space opening up by October.
Triangle Business Journal’s latest list of largest publicly traded companies combined for a market cap of $772 billion, down slightly from the $780 billion total a year ago. They are the subject of this week's top list.
The Atlanta office market is in store for big changes soon, thanks in part to recent mergers and acquisitions, four of which represent more than 2.5 million square feet of pre-merger office space.
Kelly gets the Georgia assignment. Heath Campbell, BB&T; Regional President for Georgia, will move to Charlotte.
August is traditionally a little slower in terms of large companies announcing dividend increases, but SunTrust Banks and Martin Marietta Materials were exceptions this week.
ATLANTA , Aug. 13, 2019 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.56 per common share, an increase of 12 percent. ...
The Internal Revenue Service — already a significantly sized office tenant in Central Florida — wants to grow its footprint. The IRS seeks an additional 25,230 square feet of space in Central Florida, according to an online post.
The "merger of equals" of the two southeastern banks is expected to close late in the third quarter or in the fourth quarter.
King reassured Triad business leaders that the loss of BB&T;'s headquarters won't be an overall loss for region.
ATLANTA , July 31, 2019 /PRNewswire/ -- Following the Federal Reserve's announcement to lower the Federal Funds rate, SunTrust Bank announced today it has lowered its prime lending rate to 5.25% from 5.50%, ...
According to a recent LightStream survey [https://blog.lightstream.com/2019-home-improvement-trends/] conducted by The Harris Poll, 59% of homeowners intend to live in their current place for at least 10 years (or never move!). To help people renovate in ways that are both smart and stylish, HGTV host and real estate expert Egypt Sherrod is sharing home improvement tips in partnership with LightStream, the nation's premier online consumer lender.
WINSTON-SALEM, N.C., July 30, 2019 /PRNewswire/ -- BB&T Corporation (BBT) shareholders today approved both the merger of equals between BB&T Corporation and SunTrust Banks Inc. (STI) and Truist Financial Corporation as the new name of the combined company. At a special meeting of shareholders held today, more than 98% of the shares voted were cast in favor of the merger of equals with SunTrust and more than 96% of the shares voted were cast in favor of the Truist name. "We're very pleased BB&T shareholders have overwhelmingly supported both the merger of equals with SunTrust and the new Truist name," said Chairman and Chief Executive Officer Kelly S. King.
ATLANTA, July 30, 2019 /PRNewswire/ -- SunTrust Banks, Inc. (STI) shareholders today approved the agreement for the merger of equals of SunTrust and BB&T Corporation (BBT). This completes another step in the process to form the premier financial institution, Truist, serving approximately 10 million U.S. consumer households and a full range of business clients. At a special meeting of shareholders held today, nearly 99 percent (98.96) of the shares voted were cast in favor of the proposal to approve the merger agreement with BB&T.
OBJ took a closer look at how city officials and businesses view the potential of the five opportunity zones in and directly surrounding Orlando’s central business district.
The Winston-Salem-based federal credit union fears confusion online and in person should the name Truist hold up for the bank to emerge out of the BB&T;/SunTrust marriage.
Rise in loan balance and improvement in mortgage banking business support KeyCorp's (KEY) Q2 earnings. However, worsening asset quality and flattening of yield curve are the undermining factors.
ATLANTA, July 22, 2019 /PRNewswire/ -- The SunTrust Foundation today announced a three-year grant of $2 million to 3DE National to continue the nonprofit's expansion in metro Atlanta and launch 3DE schools outside of Georgia for the first time, bringing the innovative high school model to Florida, Texas and the District of Columbia. 3DE schools infuse education with real-world experiences through corporate partners and experiential design. "Career readiness and workforce development are among areas of focus that drive the SunTrust Foundation's actions and investments," said Stan Little, president of the SunTrust Foundation.
Citizens Financial's (CFG) Q2 earnings reflect capital strength and higher fee income, partially offset by escalating expenses and provisions.