SunTrust Banks (STI) Tops Q4 EPS by 2c

SunTrust Banks (NYSE: STI) reported Q4 EPS of $1.40, $0.02 better than the analyst estimate of $1.38. Revenue for the quarter came in at $2.38 billion versus the consensus estimate of $2.38 billion.

"Our performance this quarter provided a good conclusion to a strong year for SunTrust. In 2018, we continued to deliver on the commitments we have made to our owners: we achieved our sub-60% adjusted tangible efficiency ratio target one year ahead of schedule, and we delivered our seventh consecutive year of improved earnings per share, efficiency, and capital returns," said William H. Rogers, Jr., chairman and CEO of SunTrust Banks, Inc. "Going into 2019, our diverse business mix, ongoing investments in growth and technology, and consistent underwriting discipline, give me confidence in our ability to continue to deliver long-term value for our owners."

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

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