SunTrust Banks (STI) Tops Q4 EPS by 3c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to SunTrust Banks (STI) Tops Q4 EPS by 3c

SunTrust Reports Fourth Quarter and Full Year 2017 Results

January 19, 2018 6:00 AM EST

ATLANTA, Jan. 19, 2018 /PRNewswire/ -- For the fourth quarter of 2017, SunTrust Banks, Inc. (NYSE: STI) reported net income available to common shareholders of $710 million, or $1.48 per average common diluted share, which includes $0.39 per share of net discrete benefits from Form 8-K items announced on December 4, 2017 and the impacts of tax reform-related items summarized below.

For the full year, diluted earnings per share was $4.47, up 24% relative to 2016.  When excluding the impact of the aforementioned net discrete benefits, earnings per share was up 14% relative to 2016 as a result of strong revenue growth, improved... More