SunTrust earnings rise in first quarter

SunTrust Banks’ STI first-quarter 2019 adjusted earnings of $1.33 per share outpaced the Zacks Consensus Estimate of $1.29. Also, the bottom line came in 3% above the prior-year quarter figure.

Despite higher operating expenses, significant rise in RevPAR is likely to have driven earnings in the second quarter of 2019.

Anthem Inc. ANTM will release second-quarter 2019 results on Jul 24 before market open. In the first quarter of 2019, the company delivered a positive earnings. 15% and 9.2% rise from the.

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SunTrust (STI) Beats on Q1 Earnings as Expenses Decline. Total revenues (taxable equivalent basis) for the quarter were $2.26 billion, almost stable year over year. However, the figure lagged the Zacks Consensus Estimate of .28 billion. net interest income (FTE basis) increased 4% year over year to $1.46 billion.

Total assets, Increase US$216 billion (fy 2018). total equity, Increase US$24.3 billion (FY 2018). Number of employees. 22,899 (2018). Website, SunTrust locations in the United States. SunTrust Banks, Inc. is an American bank holding company. The largest subsidiary is SunTrust.. SunTrust Park, which is expected to be unveiled in time for the first pitch of.

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.

This is especially true as BB&T Corp BBT has agreed to acquire SunTrust Banks Inc STI for $66 billion. Why Bank ETFs Can Continue to Rise Despite Mixed Q4 Earnings). SPDR S&P Regional Banking ETF.

We expect SunTrust Banks, Inc. STI to beat earnings expectations when it reports fourth-quarter and full-year 2016 results on Jan 20, before the opening bell. Driven by a rise in revenues, SunTrust’s.

SunTrust Banks, Inc. Customer Success Story General Dynamics Corporation GD is scheduled to release second-quarter. a rise in the deliveries of G500 aircraft in the.

First Republic Bank ‘s FRC second-quarter 2019 earnings per share of $1.24 lagged the Zacks Consensus. Notably, the.

In its last earnings review, SunTrust posted a fourth-quarter net income of $378 million, or $0.72 per average common diluted share, which included a $145 million mortgage-related legal provision.

European stocks advanced alongside shares in Asia and U.S. equity futures Tuesday amid a busy week of corporate earnings and.

State of New York accuses Evans Bank of redlining The State Attorney General’s Office is suing Evans Bancorp, accusing Evans Bank’s parent company of redlining on Buffalo’s East Side. The lawsuit, filed today in U.S. District Court of.

Mortgages not all bad news for Suntrust Banks’ earnings SunTrust earnings rise in first quarter Kerri Ann Panchuk was the Online Editor of, and regular contributor to HousingWire.