Loading...
Loading...
SunTrust Banks
STI reported a rise in its third-quarter profit.
SunTrust's quarterly profit surged to $1.08 billion, from a year-ago profit of $215 million. Its per-share earnings rose to $1.98, from $0.39.
SunTrust's total revenue surged 75% to $3.84 billion. Excluding securities impacts, its revenue dropped 13% to $1.9 billion. However, analysts were expecting earnings of $1.99 per share on revenue of $3.83 billion.
SunTrust's net interest margin declined to 3.38% from 3.49%.
SunTrust shares closed at $28.63 on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in