SunTrust Banks (STI) Tops Q2 EPS by 4c

SunTrust Banks (NYSE: STI) reported Q2 EPS of $1.03, $0.04 better than the analyst estimate of $0.99.

"Our strong performance this quarter reflects our commitment to deliver against our strategy. We continued to realize benefits from our consistent focus on optimizing our business mix and investing in growth, made further progress in improving our efficiency, and significantly increased our capital returns to shareholders," said William H. Rogers, Jr., chairman and CEO of SunTrust Banks, Inc. "Overall, I am pleased with the momentum we have created; our fundamentals are strong, our execution continues to improve, and I am confident in our ability to deliver further growth for our clients, communities, teammates, and shareholders."

For earnings history and earnings-related data on SunTrust Banks (STI) click here.

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