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SunTrust Banks, Inc. (STI) Posts Q3 EPS of 39c/Share, Beats Views

October 21, 2011 6:16 AM
SunTrust Banks, Inc. (NYSE: STI) reported Q3 EPS of $0.39, $0.04 better than the analyst estimate of $0.35. Revenue for the quarter came in at $2.24 billion versus the consensus estimate of $2.17 billion.

Estimated capital ratios continue to be well above current regulatory requirements, as well as the Basel III proposed guidance. The Tier 1 capital and Tier 1 common ratios were estimated to be 11.05% and 9.25%, respectively, as of the end of the quarter.

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Earnings