SunTrust Banks (STI) Declares $0.40 Quarterly Dividend; 2.4% Yield

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SunTrust Banks (STI) PT Raised to $76 at Wedbush

April 23, 2018 6:44 AM EDT

Wedbush raised its price target on SunTrust Banks (NYSE: STI) to $76.00 (from $75.00) while maintaining a Neutral rating.

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Stephens Downgrades SunTrust Banks (STI) to Equal Weight

April 23, 2018 6:28 AM EDT

Stephens downgraded SunTrust Banks (NYSE: STI) from Overweight to Equal Weight.

Analyst Terry McEvoy steps to the sideline as the company's profitability and growth outlook is in-line with the current valuation.

For an analyst ratings summary and ratings history on... More

UPDATE: SunTrust Banks (STI) PT Lowered to $72 at Nomura/Instinet

April 23, 2018 5:53 AM EDT

(Updated - April 23, 2018 5:54 AM EDT)

(updated to correct price target)

Nomura/Instinet lowered its price target on SunTrust Banks (NYSE: STI) to $72.00 (from $77.00) while maintaining a Neutral rating.

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SunTrust Banks (STI) PT Raised to $75 at Piper Jaffray

April 23, 2018 1:20 AM EDT

Piper Jaffray raised its price target on SunTrust Banks (NYSE: STI) to $75.00 (from $72.00) while maintaining a Overweight rating.

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SunTrust Banks (STI) to Offer Free Identity Protection Following Potential Theft by Former Employee

April 20, 2018 9:05 AM EDT

SunTrust Banks, Inc. (NYSE: STI) is now offering Identity Protection for all current and new consumer clients at no cost on an ongoing basis. Experian IDnotify will be provided to those who sign up for the service.

SunTrust cares deeply about the privacy and security of client information. The company became aware of potential theft by a former employee of information from some of its contact lists. Although the investigation is ongoing, SunTrust is proactively notifying approximately... More

SunTrust says ex-employee may have shared info on 1.5 million clients

April 20, 2018 8:43 AM EDT

By Aparajita Saxena and Parikshit Mishra

(Reuters) - SunTrust Banks Inc (NYSE: STI) said on Friday it discovered that a former employee may have attempted to download some information on nearly 1.5 million clients and share it with a criminal third-party.

The company said it believes the information included names and account balances, but not personally identifiable information, such as social security numbers, account numbers, pins, user IDs, passwords or driver's license numbers.

The Atlanta, Georgia-based regional bank's shares fell 0.5 percent to $66.69.

Chief Executive Officer William Rogers brought the... More

SunTrust Banks (STI) Tops Q1 EPS by 18c

April 20, 2018 6:04 AM EDT

SunTrust Banks (NYSE: STI) reported Q1 EPS of $1.29, $0.18 better than the analyst estimate of $1.11.

""This year is off to a good start, with earnings per share increasing 42% year-over-year," said William H. Rogers, Jr., chairman and CEO of SunTrust Banks, Inc. "While a favorable operating... More