SunTrust Reports Second Quarter 2016 Results

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Go back to SunTrust Reports Second Quarter 2016 Results

Goldman Sachs Removes SunTrust Banks (STI) from Conviction Buy List

July 25, 2016 7:24 AM EDT

Goldman Sachs downgraded SunTrust Banks (NYSE: STI) from Conviction Buy to Buy with a price target of $46.00 (from $44.00).

For an analyst ratings summary and ratings history on SunTrust Banks click here. For more ratings news on SunTrust Banks click here.

Shares of SunTrust Banks closed at $42.40 yesterday.

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SunTrust Banks (STI) Tops Q2 EPS by 6c

July 22, 2016 6:03 AM EDT

SunTrust Banks (NYSE: STI) reported Q2 EPS of $0.94, $0.06 better than the analyst estimate of $0.88. Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.14 billion.

Earnings per share increased 12% compared to the prior quarter and 6% compared to the second quarter... More