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SunTrust earnings rise in first quarter

SunTrust also reported first quarter earnings Thursday, with a bottom line of $1.24 per share, a figure that missed Street estimates of $1.30, on stronger-than-expected revenues of $2.4 billion.

SunTrust Banks Inc. Q2 Earnings Rise. Analysts’ estimates typically exclude special items. The company’s revenue for the quarter rose 3.1% to $2.34 billion from $2.27 billion last year. SunTrust Banks Inc. earnings at a glance: -Earnings (Q2): $697 Mln. vs. $505 Mln. last year. -eps (q2): .49 vs. $1.03 last year.

The net income was essentially unchanged from $5.86 billion in the first quarter. Wells Fargo typically serves as. as well.

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With that said, let me highlight some of the specifics for SunTrust earnings in the first quarter. Loan growth remained strong, evidenced by a 3%.

SUNTRUST RESTATES EARNINGS FOR 1ST HALF OF YEAR, REPORTS RISE IN 3RD-QUARTER PROFIT. for the first and second quarters of 2004. SunTrust chief executive Phillip Humann, 59, for a month delayed.

Improved Profitability and strong loan growth highlight 1Q Results Planned.. Net interest income was $1.6 billion for the first quarter of 2019,

SunTrust Banks STI is scheduled to report first-quarter 2019 results on Apr 18. In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate. Results benefited from rise.

SunTrust Banks, Inc. today reported net income available to common shareholders for the first quarter of 2008 of $283.6 million, or $0.81 per average common diluted share, compared to $513.9 million, or $1.44 per average common diluted share, in the first quarter of 2007. Growth in the balance sheet and core business revenues coupled with disciplined expense management were more than offset by.

We predict wage growth of three percent over next four quarters: CIO SunTrust Banks, Inc. today reported net income for the first quarter of 2003 of $327.8 million, up 8% from the first quarter of 2002. Net income per diluted share was $1.17, up 10% from the $1.06 per diluted share earned in the first quarter of 2002. SunTrust believes operating earnings of the Company, which exclude certain non-recurring, merger-related charges, is also an appropriate.

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ATLANTA, April 18, 2019 /PRNewswire/ — For the first quarter of 2019, SunTrust Banks, Inc. (NYSE: STI) reported net income available to common shareholders of $554 million, or $1.24 per average common diluted share, which includes $(0.09) per share of merger-related costs associated with the Company’s previously announced proposed merger with BB&T Corporation.

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