All Posts Tagged With: "SunTrust Banks (STI)"

More Regionals Beat Estimates. Huntington Bancshares (NASDAQ: HBAN) Posts Profit; KeyCorp (NYSE: KEY) and Suntrust (NYSE: STI) Post Smaller-Than-Expected Losses.

April 21st, 2010 • View Comments • Filed Under • by Christopher
As reported in the Wall St. Journal, Huntington Bancshares Inc. (HBAN) posted its first profit in more than a year in the first quarter, while KeyCorp (KEY) and SunTrust Banks Inc. (STI) posted smaller-than-expected quarterly losses. Regional banks have surged roughly 30% this year. However, this week’s earnings reports allow investors to see the level [...]

Earnings Reports in Focus for Regional Banks Including: Regions Financial Corp. (NYSE: RF), U.S. Bancorp (NYSE: USB), and SunTrust Banks (NYSE: STI)

April 16th, 2010 • View Comments • Filed Under • by Christopher
Next week, large regional banks including Regions Financial (RF), SunTrust Banks (STI) and U.S. Bancorp (USB) will begin unveiling their first-quarter numbers.   Regional banks have surged roughly 30% this year, as many investors, if not analysts, are seeing these stocks as underappreciated and under-priced. And, compared to the news that seems to break daily [...]

SunTrust Banks Inc. (NYSE: STI) and Regions Financial Corp. (NYSE: RF) Remain Likely Targets of M & A Activity

March 10th, 2010 • View Comments • Filed Under • by Christopher
In June of 2009, CreditSights issued a report that listed SunTrust (STI) and Regions Bank (RF) as the top two franchises in terms of merger attractiveness once banks exited the U.S. government’s Troubled Asset Resolution Program (TARP). “In general, we view the more ‘critical mass’ regional bank franchises such as SunTrust, Regions, and Fifth Third [...]

New report shows Citigroup (NYSE: C) and SunTrust (NYSE: STI) face more belt-tightening in 2010

December 28th, 2009 • View Comments • Filed Under • by Christopher
Flurries of new regulations are adding expenses. Failing loans are cutting into revenue. It’s a recipe for continuing budget cuts for many banks. A report by research firm SNL Financial confirms that cost-cutting is the new normal in banking these days. In 2010, according to estimates by research firm SNL Financial: Southeastern powerhouse SunTrust (STI) [...]

SunTrust, Inc. (NYSE: STI), Wells Fargo (NYSE: WFC), and Regions Financial (NYSE: RF) tout loyalty programs to increase revenue

November 23rd, 2009 • View Comments • Filed Under • by Christopher
Earning miles with Delta Air Miles with a travel debit card from SunTrust (STI). Wells Fargo (WFC) will let you apply reward points towards a home equity loan. And Regions Financial’s allows you to earn 4% cash back on downloads from iTunes. These are just a few examples of loyalty programs being used by banks [...]