| Market Capitalization (Millions $) |
2,119 |
| Shares
Outstanding (Millions) |
447 |
| Employees |
26,281 |
| Revenues (TTM) (Millions $) |
11,196 |
| Net Income (TTM) (Millions $) |
2,558 |
| Cash Flow (TTM) (Millions $) |
1,579 |
| Capital Exp. (TTM) (Millions $) |
436 |
Business Description
SunTrust Banks Inc is a financial institution that primarily operates as a commercial and retail banking organization in the United States. The company is based in Atlanta, Georgia and was founded in 1985 as SunBanks Inc. It operates today as a subsidiary of Truist Financial Corporation.
SunTrust Banks offers a wide range of financial services, including deposit accounts, loans, credit cards, mortgages, insurance, wealth management, investment advisory, and capital markets services. The bank operates in several states, including Florida, Georgia, Virginia, Tennessee, North Carolina, South Carolina, Maryland, and the District of Columbia.
SunTrust Banks serves a diverse customer base, including individuals, families, small businesses, corporations, and institutions. The bank has a strong commitment to its local communities and focuses on fostering economic development and social responsibility through various philanthropic initiatives.
One of the key strengths of SunTrust is its expertise in developing customized financial solutions tailored to meet the unique needs of its customers. Its wealth management services are highly regarded, and the company is recognized as one of the largest providers of trust and estate services in the United States.
SunTrust Banks has a robust digital platform that makes it easy and convenient for customers to access and manage their accounts online, through mobile applications, and at ATMs. The bank also has a strong presence in the mortgage lending market and provides a range of home lending solutions to help customers achieve their homeownership goals.
In terms of its financial performance, SunTrust Banks has shown consistent growth over the years. The bank's net income has increased steadily, and it has a strong balance sheet with stable assets and capital ratios. Overall, SunTrust Banks is a well-respected financial institution with a strong commitment to its customers and the communities it serves.
Company Address: 303 Peachtree Street, N.E. Atlanta 30308 GA
Company Phone Number: 786-8787 Stock Exchange / Ticker: NYSE STI
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