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SunTrust Banks

SunTrust Banks 3Q earnings match estimates

Earnings HQ: FBN’s Ashley Webster breaks down SunTrust Banks ’ third-quarter earnings report.

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  1. SunTrust To Take $179 Mln Legal-related Hit

    SunTrust Banks said its third-quarter results will be impacted by $179 million, or 33 cents a share, of costs to resolve legal matters and agency mortgage repurchase...

  2. Regional Bank ETFs: Don't Mess With Texas

    Financial services ETFs of all stripes have been standout performers this year.The Financial Select Sector SPDR (NYSE:XLF), the largest financial services ETF by ass...

  3. Seeking the Most Consumer-Friendly Savings Accounts

    A new report reveals that while savings accounts are a financial staple for nearly half of America's families, not all of these accounts are created equal.The study ...

  4. Judge blocks $13 million arbitration against SunTrust

    SunTrust Banks Inc won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed secu...

  5. SunTrust 1st-Quarter Profit Rises 41% As Expenses Drop

    SunTrust Banks Inc.'s (STI) first-quarter profit jumped 41% as expense cuts offset a decline in revenue.The Atlanta bank's results beat analyst expectations, and its...

  6. SunTrust Banks 1st-Quarter Up 41% on Stronger Credit, Lower Expenses

    SunTrust Banks Inc.'s (STI) first-quarter profit jumped 41% as the regional bank benefited from stronger credit and lower expenses, although revenue fell and its net...

  7. Financial Stocks Down After Bank Of America Miss

    Financial stocks were down on Wednesday, after Bank of America Corp. missed analyst expectations on earnings. First-quarter profit the bank increased to $2.6 billion...

  8. Exclusive: Nationwide, Reich & Tang to buy HighMark funds -sources

    Columbus, Ohio-based Nationwide Financial and New York-based Reich & Tang are buying UnionBanCal Corp's mutual fund business, three sources told Reuters on Tuesday.S...

  9. Big U.S. Banks Unveil Dividends, Stock Buybacks After Fed's Stress Tests

    A number of big U.S. banks Thursday unveiled plans for dividends and stock buybacks following the latest round of the Federal Reserve's stress tests.In all, 14 of th...

  10. Banks Foreclosing on the Most Homes

    The housing market is clearly improving. According to the National Association of Realtors, existing home sales have risen and distressed mortgages account for a sma...

  11. Fed's Estimates for Banks' Minimum Capital Ratios in a 'Severely Adverse' Event

    The Federal Reserve said Thursday that 17 of the 18 largest U.S. banks could weather a sharp economic downturn with adequate buffers against losses, potentially clea...

  12. The Must Know ETFs For Bank Stress Tests

    With results from another batch of Federal Reserve stress tests on U.S. banks expected to start trickling in later today, the sector is showing signs of life, but in...

  1. SunTrust Banks 2Q earnings beat expectations

    Earnings HQ: FBN’s Lori Rothman breaks down SunTrust Banks ’ second-quarter earnings report.

  2. Airbnb court fight

    FBN’s Liz MacDonald reports that Airbnb could face a possible shutdown.

  3. $101B AstraZeneca deal happening?

    Strategas Research Partners CIO Jason Trennert and Philadelphia Trust Company CEO Michael Crofton on the M&A market for pharmaceutical and biotech companies.

  4. SunTrust Banks 1Q earnings beat expectations

    Earnings HQ: FBN’s Lori Rothman breaks down SunTrust Banks ’ first-quarter earnings report.

  5. Banks Climb, REITs Fall as Traders Eye Higher Rates

    The Federal Reserve's statement and change in guidance is a bit more hawkish than many market watchers anticipated.  This is giving the financial sector, especially ...

  6. First Half of Earnings Season Raises Questions

    Earnings season has entered halftime and the first-half results may have some investors needing a pep talk.The first-half picture is a familiar one: cost-cutting fue...

  7. SunTrust Settles Some Mortgage Claims

    SunTrust Banks Inc (NYSE:STI) agreed to pay nearly $1.2 billion to resolve investigations from several U.S. authorities into its mortgage practices, the bank said on...

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