SunTrust Banks (STI) Sees Q3 Charge-Offs Up by 15-20%
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In a Form 8-K, SunTrust Banks (NYSE: STI) announced that it still expects Q3 charge-offs to increase by 15-20% over Q2 charge offs. For Q4, SunTrust continues to see charge-offs that will not be dramatically higher or lower than in Q3.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services to consumer and corporate customers in the United States.
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