SunTrust Banks

SunTrust Banks is the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions. It operates through two segments: Consumer and Wholesale. The Consumer segment provides deposits and payments, various lending types, credit cards, discount/online and full-service brokerage products, professional investment advisory products and services, and trust services, as well as family office solutions and residential mortgage products. The Wholesale segment provides capital markets solutions, as well as lease financing solutions, cash management services and auto dealer financing solutions, and construction, real estate financing, as well as tailored financing and equity investment solutions. The company merged with BB&T to form Truist.

Employee Rating

3.5More
StateClosed
TypeSubsidiary
Parent CompanyBB&T
HQAtlanta, US
Founded1891
Websitesuntrust.com
Cybersecurity ratingBMore
SunTrust Banks was founded in 1891 and is headquartered in Atlanta, US

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Key People/Management at SunTrust Banks

William H. Rogers

William H. Rogers

Chairman and Chief Executive Officer
Jorge Arrieta

Jorge Arrieta

General Auditor
Margaret L. Callihan

Margaret L. Callihan

Chief Human Resources Officer
Scott E. Case

Scott E. Case

Chief Information Officer
Mark A. Chancy

Mark A. Chancy

Vice Chairman and Co-Chief Operating Officer
Hugh S. Beau Cummins

Hugh S. Beau Cummins

Co-Chief Operating Officer
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SunTrust Banks Office Locations

SunTrust Banks has an office in Atlanta
Atlanta, US (HQ)
303 Peachtree Center Ave NE
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SunTrust Banks Financials and Metrics

Summary Metrics

Founding Date

1891
SunTrust Banks is a subsidiary of BB&T

SunTrust Banks Revenue

SunTrust Banks's revenue was reported to be $3.23 b in FY, 2018
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.7b3.4b5.4b5.4b8.7b8.5b9.2b3.4b3.2b

Revenue growth, %

62%(2%)7%

Cost of goods sold

544.0m501.0m557.0m

Gross profit

8.2b8.0b8.6b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

5.4b4.5b8.3b8.2b5.6b6.4b6.9b7.5b

Accounts Receivable

113.0b120.0b119.3b21.0k141.4b150.2b

PP&E

1.6b1.6b1.6b1.5b1.5b1.6b1.7b2.0b

Goodwill

6.3b6.3b6.4b6.3b6.3b6.3b6.3b6.3b
USDQ1, 2010

Financial Leverage

7.6 x
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SunTrust Banks Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

1.45 k1.40 k1.37 k

Non-accrual Loans

$634 m$612 m$481 m$463 m$672 m$975 m$944 m$949 m$845 m$789 m$754 m

Total Loans

$133.11 b$132.38 b$132.54 b$133.56 b$136.44 b$139.75 b$141.66 b$141.53 b$143.30 b$143.53 b$144.27 b
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SunTrust Banks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

SunTrust Banks Online and Social Media Presence

Embed Graph

SunTrust Banks News and Updates

Wolf Popper LLP Investigates the Proposed Acquisition of SunTrust Banks, Inc. by BB&T Corporation

NEW YORK, Feb. 7, 2019 /PRNewswire/ -- Wolf Popper LLP is investigating claims on behalf of investors in SunTrust Banks, Inc. (NYSE: STI) concerning the proposed acquisition of SunTrust by BB&T Corporation (NYSE: BBT). According to Carl Stine, a partner at Wolf Popper, "The exchange ratio ...

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of SunTrust Banks, Inc.

NEW YORK, Feb. 7, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against SunTrust Banks, Inc. (NYSE: STI) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by BB&T Corporation (NYSE: BBT). Stockholders will...

SHAREHOLDER ALERT: WeissLaw LLP Investigates SunTrust Banks, Inc.

NEW YORK, Feb. 7, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of SunTrust Banks, Inc. ("STI" or the "Company") (NYSE: STI) in connection with the proposed acquisition of the Company by BB&T...

UPDATE 1-BB&T Corp to buy SunTrust Banks for $28 bln in stock

BB&T Corporation said on Thursday it will buy SunTrust Banks Inc for $28.24 billion in an all-stock deal, creating the sixth largest U.S. bank based on assets and deposits.

BB&T to Acquire SunTrust Banks in $66 Billion All-Share Deal

BB&T and SunTrust Banks Agree to Combine in $66 Billion Merger
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SunTrust Banks Blogs

SunTrust Reports Third Quarter 2019 Results

Continued Loan Growth, Improved Deposit Growth, Diverse Fee Income, and Strong Credit Quality Highlight Third Quarter Results

SunTrust Foundation Awards $500,000 Grant to National Foundation for Credit Counseling

Support expands financial counseling pilot program for Hispanic community

The rise of "Purposeful Debt"

LightStream survey finds Americans embracing new attitudes toward debt, rejecting past stigmas
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SunTrust Banks Frequently Asked Questions

  • When was SunTrust Banks founded?

    SunTrust Banks was founded in 1891.

  • Who are SunTrust Banks key executives?

    SunTrust Banks's key executives are William H. Rogers, Jorge Arrieta and Margaret L. Callihan.

  • How many employees does SunTrust Banks have?

    SunTrust Banks has 17,153 employees.

  • What is SunTrust Banks revenue?

    Latest SunTrust Banks annual revenue is $3.2 b.

  • What is SunTrust Banks revenue per employee?

    Latest SunTrust Banks revenue per employee is $188.1 k.

  • Who are SunTrust Banks competitors?

    Competitors of SunTrust Banks include Nomura Holdings, U.S. Bancorp and Loomis.

  • Where is SunTrust Banks headquarters?

    SunTrust Banks headquarters is located at 303 Peachtree Center Ave NE, Atlanta.

  • Where are SunTrust Banks offices?

    SunTrust Banks has an office in Atlanta.

  • How many offices does SunTrust Banks have?

    SunTrust Banks has 1 office.