About SunTrust Banks (NYSE:STI)

SunTrust Banks, Inc. is a provider of financial services. The Company's principal subsidiary is SunTrust Bank (the Bank). The Company's business segments include Consumer Banking and Private Wealth Management, Wholesale Banking, Mortgage Banking and Corporate Other. As of December 31, 2016, the Consumer Banking and Private Wealth Management segment consisted of three primary businesses: Consumer Banking, Consumer Lending and Private Wealth Management. The Wholesale Banking segment includes the operations of the Corporate and investment banking (CIB), Commercial and Business Banking, Commercial Real Estate, and Treasury and Payment Solutions businesses. The Mortgage Banking segment offers residential mortgage products nationally through its retail and correspondent channels, the Internet (www.suntrust.com) and by telephone. The Bank provides clients with a selection of full-, self- and assisted-service channels, including branch, call center, Teller Connect machines, mobile and tablet.

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SunTrust Banks (NYSE:STI) Frequently Asked Questions

What is SunTrust Banks' stock symbol?

SunTrust Banks trades on the New York Stock Exchange (NYSE) under the ticker symbol "STI."

How often does SunTrust Banks pay dividends? What is the dividend yield for SunTrust Banks?

SunTrust Banks declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Wednesday, February 28th will be given a dividend of $0.40 per share on Thursday, March 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend is Tuesday, February 27th. View SunTrust Banks' Dividend History.

How will SunTrust Banks' stock buyback program work?

SunTrust Banks announced that its Board of Directors has initiated a stock repurchase program on Thursday, June 29th 2017, which authorizes the company to buyback $1,320,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

How were SunTrust Banks' earnings last quarter?

SunTrust Banks, Inc. (NYSE:STI) issued its quarterly earnings results on Friday, January, 19th. The financial services provider reported $1.09 earnings per share for the quarter, topping analysts' consensus estimates of $1.05 by $0.04. The financial services provider had revenue of $2.27 billion for the quarter, compared to analysts' expectations of $2.32 billion. SunTrust Banks had a return on equity of 9.18% and a net margin of 23.35%. The firm's quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the company earned $0.90 EPS. View SunTrust Banks' Earnings History.

Has SunTrust Banks been receiving favorable news coverage?

News coverage about STI stock has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SunTrust Banks earned a news sentiment score of 0.13 on Accern's scale. They also gave news articles about the financial services provider an impact score of 46.25 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Which institutional investors are selling SunTrust Banks stock?

STI stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Wells Fargo & Company MN, Teacher Retirement System of Texas, Caisse DE Depot ET Placement DU Quebec, Millennium Management LLC, First Trust Advisors LP, Franklin Resources Inc. and Cookson Peirce & Co. Inc.. Company insiders that have sold SunTrust Banks company stock in the last year include Jerome T Lienhard, Kyle P Legg, Mark A Chancy and Susan S Johnson. View Insider Buying and Selling for SunTrust Banks.

How do I buy shares of SunTrust Banks?

Shares of STI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SunTrust Banks' stock price today?

One share of STI stock can currently be purchased for approximately $71.05.

How big of a company is SunTrust Banks?

SunTrust Banks has a market capitalization of $33.50 billion and generates $9.74 billion in revenue each year. The financial services provider earns $2.27 billion in net income (profit) each year or $4.48 on an earnings per share basis. SunTrust Banks employs 23,785 workers across the globe.

MarketBeat Community Rating for SunTrust Banks (STI)

MarketBeat's community ratings are surveys of what our community members think about SunTrust Banks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

SunTrust Banks (NYSE:STI) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.