SunTrust Banks, Inc.

  • Don't Ignore These Regional Banks

    By Phillip Woolgar - August 14, 2013 | Tickers: BBD, FHN, STI

    Regional banks are often ignored for the massive players in the industry, but there are several that could present investors with a heap of profits. These are three regional banks (which are classified as having less than $50 billion in assets) to keep your eye on.

    SunTrust is diversifying the smart way

    SunTrust Banks' (NYSE: STI) move on Aug. 5 to commit $5 billion for commercial mortgage loans is a more »

  • Looking for a Rally? Banks to Buy Ahead of Q2 Earnings

    By John Macris - July 15, 2013 | Tickers: BAC, STI, USB

    Earnings season is underway, and the center of attention will shift to the banking sector during the week of July 15. Last Friday, banking giants JPMorgan Chase and Wells Fargo kicked off a series of bank earnings reports. Both companies beat consensus estimates by a respectable 5% margin. And on Monday, Citigroup followed the trend with a beat on earnings and revenue.

    I believe the strong reports provided by these more »

  • Should PNC Sell Its Stake in BlackRock?

    By Red Chip - June 27, 2013 | Tickers: BLK, COF, PNC, STI

    PNC Financial Services Group (NYSE: PNC), the second largest U.S regional bank not only faces stiff competition due to industry consolidation but tough economic times as well.

    PNC stock rushed up 19% during the current year. The bank faces a major decision. Let’s review the bank’s past performance and see what would be the implication of PNC Financial selling or not selling its BlackRock stake.

    Satisfactory earnings more »

  • The Sun Is Shining on This Regional

    By Marshall Hargrave - June 23, 2013 | Tickers: BBT, FITB, HBAN, STI

    SunTrust Banks (NYSE: STI) is one of the largest regional banks and it appears that the dark cloud of the financial crisis could be moving away, which should allow this bank to shine going forward. The bank has managed to under-perform the broader banking market by nearly 15 percentage points over the past 12 months, but its compelling valuation means the stock could move higher going forward. 
     

    Who is SunTrust more »

  • How Will This Controversial Play Affect Regional Banks?

    By Mike Thiessen - June 19, 2013 | Tickers: STEL, STI, UBSH

    The recent announcement of a merger between two well-respected but decidedly local Virginia banks could have implications for thousands of investors beyond the state's borders. According to confirmed reports by both companies, Richmond-based Union First Market Bankshares (NASDAQ: UBSH) has agreed to purchase StellarOne (NASDAQ: STEL) in an all-stock deal. Although the deal has not yet cleared regulatory hurdles or been put forth as the subject of a shareholder more »

  • 3 Solid Banking Companies to Buy

    By Madhukar Dubey - June 11, 2013 | Tickers: C, JPM, STI

    According to the Federal Deposit Insurance Commission, U.S. banks earned profits of $40.3 billion in the first quarter of 2013, which showed growth of 15.8% year over year. The recovery of the U.S. economy resulted in improvements in investment products, equity underwriting, mergers and acquisitions. I have analyzed three banks among the top 20 banks in the US. Let’s find out what the growth factors more »

  • 2 Financial Stocks to Buy, 1 to Avoid

    By Red Chip - June 11, 2013 | Tickers: PNC, RF, STI

    The interest rate environment and loan growth are among the key determinants of the net interest margin of a bank. Due to low interest rates and macroeconomic conditions, 2013 may be a tough year for banking. Enhanced capital regulations resulted in higher regulatory costs, which in turn are pressurizing the banking efficiency ratio. This growing regulatory cost has more impact on smaller banks' margins as compared to mega banks. However more »

  • Buy the Financials Still Trading Below Book Value - Part 2

    By Mark Holder - June 10, 2013 | Tickers: ACAS, RF, STI

    Even after substantial gains this year, a number of financial stocks still trade below book value. While not covered back in January along with the insurers and airplane leasing firms, a cross section of other financial stocks continue to trade considerably below book value. While the fears from the financial crisis have mostly dissipated, the stocks continue to meander below book value even with strong earnings profiles.

    Stocks ranging from more »

  • Can This Bank's Strengths Offset These Two Concerns?

    By Chad Henage - May 22, 2013 | Tickers: BBT, STI, USB, WFC

    When I came across U.S. Bancorp (NYSE: USB) last year, I couldn't believe that I had been ignoring one of the best big banks in the country. The company's loan and deposit growth matched up well to any of their peers, and their credit quality was good. I've kept up with the company through their earnings reports, and there are two concerns that have me worried more »

  • This Bank Needs to Turn Over More Rocks

    By Chad Henage - May 22, 2013 | Tickers: BBT, PNC, STI, USB

    I'm a big fan of Peter Lynch, and one statement that he made always sticks with me. He said that his stock picking method was all about turning over more rocks to find great companies -- in essence, if you don't try, you can't succeed. I'm wondering whether the bankers at SunTrust (NYSE: STI) need to be hit over the head with a rock to make this more »

  • 4 Southern Regional Banks to Consider

    By Bill Edson - May 7, 2013 | Tickers: OZRK, BBT, BPOP, STI

    2013 is supposed to be a difficult year for banking. The sustained low interest rate environment should limit income opportunity, and banks' revenue savior in 2012, mortgage fee income, will not be as robust in 2013. However, some of the country's large regional banks have managed their businesses well enough to get off to a great start in 2013. I am going to look at some of those banks more »

  • Wall Street Loves This Regional Bank With Southern Flavor

    By John Macris - May 3, 2013 | Tickers: BAC, STI, WFC

    In recent weeks, Wall Street has gained an attraction for the regional banks in addition to popular money center banks such as Bank of America and Citigroup.

    Two contributing factors have lead to a momentum shift for the regionals. First, we’ve seen pockets of economic strength across the United States. Increased consumer confidence has lead Americans to spend more of their paychecks, helping to fuel 2.5% GDP growth more »

  • Sorting Through the Regionals

    By Marshall Hargrave - April 15, 2013 | Tickers: BBT, FITB, HBAN, RF, STI

    Standard & Poor's has a positive outlook for regional banks, as do I. These banks tend to have less exposure to international concerns and also are purer plays on deposits and consumer/small business economic health, whereas the exposure of mega-banks can be susceptible to trading and other "unplanned" losses.
     
    The regionals should see positive performance going forward on the back of home refinancing and gains on loans. According to more »
  • 4 Banks to Consider Following the Fed's Stress Test

    By Maxwell Fisher - March 29, 2013 | Tickers: BBT, JPM, STI

    Unlike 2012, this year's Federal Reserve stress tests are a two-part affair. First, in early March, the Federal Reserve released this year's results, comparing the banks' common capital ratios at the end of the third quarter of 2012 with the likelihood that capital cushion would hold up given a draconian set of hypothetical economic calamities.

    Then a few days later, the Federal Reserve would approve the condition or more »

  • A Smart Play On Regional Banking

    By Matthew Frankel - March 25, 2013 | Tickers: BAC, BBT, C, STI

    When it comes to banks to invest in for the long-run, few of the big banks fit the traditional criteria of what investors look for: stability, low-risk assets, good dividend yield, and a good record of growth. One bank that even after the financial crisis still meets those criteria is BB&T Corp (NYSE: BBT). With the recent rejection of the company’s capital plan by the Federal Reserve and more »

  • Banking Stress Test Results Not What They Seem

    By Maxwell Fisher - March 20, 2013 | Tickers: C, STI

    With some fanfare, the Federal Reserve's “Stress Tests” have been released as concerned to the nation's largest bank holding companies. For most part, the numbers are open for all to peruse, and the purpose of this article is to point out that things are not quite what they may seem.

    The popular press, upon the release of the 2013 results, hailed the improved health of most of the more »

  • Billionaire Louis Bacon’s Cheap Stock Picks

    By Meena Krishnamsetty - March 14, 2013 | Tickers: DFS, JPM, RF, STI, WFC

    We track 13F filings from hedge funds and other notable investors for a number of reasons. For one, we work on researching investment strategies based on the included information: even with the inherent delay that comes from using 13F filings, the most popular small cap stocks among hedge funds generate an excess return of 18 percentage points per year on average (read more about imitating hedge funds' small cap picks more »

  • 2 Problems That Could Derail This Huge Growth

    By Chad Henage - February 13, 2013 | Tickers: BBT, MTB, PNC, STI

    Just like the team they represent, M&T Bank (NYSE: MTB) is off to a great start in 2013. As the official bank of the Baltimore Ravens, both the team and the bank have a lot to squawk about. The Ravens of course won the Superbowl, and M&T should win some sort of trophy for their recent results. However, even though the bank's earnings were generally impressive, there are two issues that investors need to keep an eye on.

  • Time For This Bank To Get Serious

    By Chad Henage - February 13, 2013 | Tickers: BBT, MTB, PNC, STI

    It's a natural instinct to try and hold things together in whatever way possible when a company goes through a rough patch. Having worked in a bank for over 10 years, I know that there were times the bank “suggested” that we cut certain expenses, or that raises were either impossible or very small because of the trying economic environment. That being said, we knew that our day to day work did make a difference to the bottom line of the company, and that eventually things would turn around. Some banks have a hard time getting out of this “survival” mode, and I'm afraid that's exactly what's going on at SunTrust (NYSE: STI).

  • Back from the Dead: This Bank Could Rise 100% in 2013

    By John Macris - January 19, 2013 | Tickers: BBT, STI, SNV | Editor's Choice

     

    How many readers wish they could go back in time and pick up shares of Bank of America during the worst days of the financial crisis? Or Goldman Sachs, the best-run investment bank on Wall Street, which could seemingly do no wrong until the fall of 2008? Both of these firms received lifelines from billionaire Warren Buffett during the nadir of the market plunge.

    As we all know, these specific more »

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