SunTrust Banks (STI) Tops Q2 EPS by 4c

Go back to SunTrust Banks (STI) Tops Q2 EPS by 4c

SunTrust Reports Second Quarter 2017 Results

July 21, 2017 6:00 AM EDT

ATLANTA, July 21, 2017 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) reported net income available to common shareholders of $505 million, or $1.03 per average common diluted share.

Earnings per average common diluted share increased 13% compared to the first quarter and 10% compared to the second quarter of 2016.  For the first half of 2017, earnings per share grew 9% compared to the same period a year ago.

"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... More