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SunTrust Banks

NYSE:STI
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STI
NYSE
$28B
Market Cap
  1. Home
  2. US
  3. Banks
Company description

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. The last earnings update was 1 day ago. More info.


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STI Share Price and Events
7 Day Returns
1%
NYSE:STI
2.8%
US Banks
0.2%
US Market
1 Year Returns
-5%
NYSE:STI
-4.3%
US Banks
6.3%
US Market
STI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SunTrust Banks (STI) 1% 3.6% 4.6% -5% 51.3% 65.2%
US Banks 2.8% 0.9% 3.1% -4.3% 44.5% 48.6%
US Market 0.2% 2.1% 8.5% 6.3% 37.9% 45.7%
1 Year Return vs Industry and Market
  • STI underperformed the Market in United States of America which returned 6.3% over the past year.
Price Volatility
STI
Industry
5yr Volatility vs Market

STI Value

 Is SunTrust Banks undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SunTrust Banks to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SunTrust Banks.

NYSE:STI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 14 analysts.
= Stable Book Value * Return on Equity
= $55.86 * 11.1%
$6.20
Book Value of Equity per Share Weighted future Book Value estimates from 12 analysts. $55.86
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:STI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.63
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.631 (1 + (1- 21%) (98.63%))
1.082
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.082 * 5.96%)
9.18%

Discounted Cash Flow Calculation for NYSE:STI using Excess Returns Model Model

The calculations below outline how an intrinsic value for SunTrust Banks is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NYSE:STI Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (11.1% – 9.18%) * $55.86)
$1.07
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $1.07 / (9.18% - 2.73%)
$16.59
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $55.86 + $16.59
$72.45
NYSE:STI Discount to Share Price
Calculation Result
Value per share (USD) From above. $72.45
Current discount Discount to share price of $63.49
= -1 x ($63.49 - $72.45) / $72.45
12.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price SunTrust Banks is available for.
Intrinsic value
12%
Share price is $63.49 vs Future cash flow value of $72.45
Current Discount Checks
For SunTrust Banks to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SunTrust Banks's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • SunTrust Banks's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SunTrust Banks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SunTrust Banks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:STI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $5.74
NYSE:STI Share Price ** NYSE (2019-04-18) in USD $63.49
United States of America Banks Industry PE Ratio Median Figure of 587 Publicly-Listed Banks Companies 12.98x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SunTrust Banks.

NYSE:STI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:STI Share Price ÷ EPS (both in USD)

= 63.49 ÷ 5.74

11.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SunTrust Banks is good value based on earnings compared to the US Banks industry average.
  • SunTrust Banks is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does SunTrust Banks's expected growth come at a high price?
Raw Data
NYSE:STI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
2.6%per year
United States of America Banks Industry PEG Ratio Median Figure of 262 Publicly-Listed Banks Companies 1.29x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NYSE:STI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.06x ÷ 2.6%

4.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SunTrust Banks is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on SunTrust Banks's assets?
Raw Data
NYSE:STI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $51.38
NYSE:STI Share Price * NYSE (2019-04-18) in USD $63.49
United States of America Banks Industry PB Ratio Median Figure of 592 Publicly-Listed Banks Companies 1.23x
United States of America Market PB Ratio Median Figure of 5,178 Publicly-Listed Companies 1.91x
NYSE:STI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:STI Share Price ÷ Book Value per Share (both in USD)

= 63.49 ÷ 51.38

1.24x

* Primary Listing of SunTrust Banks.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SunTrust Banks is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess SunTrust Banks's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. SunTrust Banks has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

STI Future Performance

 How is SunTrust Banks expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SunTrust Banks expected to grow at an attractive rate?
  • SunTrust Banks's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • SunTrust Banks's earnings growth is positive but not above the United States of America market average.
  • SunTrust Banks's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:STI Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:STI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 2.6%
NYSE:STI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 3.7%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.9%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:STI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 weeks ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:STI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 10,222 2,716 4
2020-12-31 9,969 2,625 9
2019-12-31 9,621 2,545 7
NYSE:STI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 8,971 2,610
2018-12-31 9,005 2,569 2,668
2018-09-30 8,809 4,196 2,747
2018-06-30 8,731 3,160 2,533
2018-03-31 8,586 3,213 2,340
2017-12-31 8,471 5,622 2,179
2017-09-30 8,446 2,106 1,916
2017-06-30 8,391 2,480 1,861
2017-03-31 8,292 1,612 1,832
2016-12-31 8,160 -518 1,811
2016-09-30 8,063 915 1,830
2016-06-30 7,953 2,721 1,892

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SunTrust Banks's earnings are expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
  • SunTrust Banks's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:STI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 weeks ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from SunTrust Banks Company Filings, last reported 2 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:STI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 6.27 6.69 5.70 5.00
2020-12-31 6.01 7.00 5.06 20.00
2019-12-31 5.72 5.80 5.63 13.00
NYSE:STI Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 5.74
2018-12-31 5.79
2018-09-30 5.88
2018-06-30 5.37
2018-03-31 4.92
2017-12-31 4.53
2017-09-30 3.95
2017-06-30 3.80
2017-03-31 3.70
2016-12-31 3.63
2016-09-30 3.64
2016-06-30 3.73

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • SunTrust Banks is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SunTrust Banks's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SunTrust Banks has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

STI Past Performance

  How has SunTrust Banks performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SunTrust Banks's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SunTrust Banks's year on year earnings growth rate has been positive over the past 5 years.
  • SunTrust Banks's 1-year earnings growth is equal to the 5-year average.
  • SunTrust Banks's earnings growth has not exceeded the US Banks industry average in the past year (11.5% vs 43.9%).
Earnings and Revenue History
SunTrust Banks's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SunTrust Banks Company Filings, last reported 2 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:STI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 8,971.00 2,610.00 5,057.00
2018-12-31 9,005.00 2,668.00 5,044.00
2018-09-30 8,809.00 2,747.00 5,089.00
2018-06-30 8,731.00 2,533.00 5,077.00
2018-03-31 8,586.00 2,340.00 5,052.00
2017-12-31 8,471.00 2,179.00 5,048.00
2017-09-30 8,446.00 1,916.00 4,917.00
2017-06-30 8,391.00 1,861.00 4,901.00
2017-03-31 8,292.00 1,832.00 4,845.00
2016-12-31 8,160.00 1,811.00 4,756.00
2016-09-30 8,063.00 1,830.00 4,596.00
2016-06-30 7,953.00 1,892.00 4,517.00
2016-03-31 7,927.00 1,882.00 4,516.00
2015-12-31 7,867.00 1,863.00 4,551.00
2015-09-30 7,839.00 1,775.00 4,330.00
2015-06-30 7,751.00 1,819.00 4,326.00
2015-03-31 7,720.00 1,740.00 4,332.00
2014-12-31 7,711.00 1,722.00 4,417.00
2014-09-30 7,669.00 1,756.00 4,502.00
2014-06-30 7,560.00 1,372.00 4,449.00
2014-03-31 7,499.00 1,350.00 4,393.00
2013-12-31 7,514.00 1,297.00 4,311.00
2013-09-30 7,521.00 1,234.00 4,425.00
2013-06-30 8,995.00 2,121.00 4,629.00
2013-03-31 8,986.00 2,026.00 4,630.00
2012-12-31 9,080.00 1,931.00 4,683.00
2012-09-30 8,769.00 1,652.00 4,459.00
2012-06-30 7,321.00 798.00 4,437.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SunTrust Banks has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SunTrust Banks used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if SunTrust Banks improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess SunTrust Banks's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SunTrust Banks has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

STI Health

 How is SunTrust Banks's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of SunTrust Banks's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SunTrust Banks Company Filings, last reported 2 weeks ago.

NYSE:STI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 24,823.00 27,785.00 12,191.00
2018-12-31 24,280.00 24,254.00 11,085.00
2018-09-30 24,139.00 22,927.00 11,406.00
2018-06-30 24,316.00 17,913.00 10,556.00
2018-03-31 24,269.00 14,844.00 10,659.00
2017-12-31 25,154.00 14,974.00 10,513.00
2017-09-30 24,522.00 17,106.00 13,127.00
2017-06-30 24,477.00 18,009.00 12,913.00
2017-03-31 23,484.00 15,553.00 12,630.00
2016-12-31 23,618.00 16,910.00 10,683.00
2016-09-30 24,449.00 17,077.00 14,944.00
2016-06-30 24,464.00 17,579.00 10,450.00
2016-03-31 24,053.00 14,112.00 9,545.00
2015-12-31 23,437.00 13,553.00 9,984.00
2015-09-30 23,664.00 12,951.00 10,025.00
2015-06-30 23,223.00 16,626.00 11,840.00
2015-03-31 23,260.00 18,146.00 13,126.00
2014-12-31 23,005.00 22,670.00 12,761.00
2014-09-30 22,269.00 23,674.00 13,107.00
2014-06-30 22,131.00 22,634.00 10,749.00
2014-03-31 21,817.00 20,613.00 11,862.00
2013-12-31 21,422.00 19,964.00 9,291.00
2013-09-30 21,070.00 17,582.00 10,138.00
2013-06-30 21,007.00 18,671.00 9,431.00
2013-03-31 21,194.00 16,531.00 12,311.00
2012-12-31 20,985.00 15,263.00 13,573.00
2012-09-30 20,399.00 20,578.00 12,518.00
2012-06-30 20,568.00 23,828.00 13,627.00
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • SunTrust Banks has an acceptable proportion of non-loan assets held.
  • SunTrust Banks's liabilities are made up of primarily low risk sources of funding.
  • Loans at SunTrust Banks are broadly funded by customer deposits.
  • SunTrust Banks's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • SunTrust Banks has a sufficient allowance for bad loans.
  • SunTrust Banks has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess SunTrust Banks's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SunTrust Banks has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

STI Dividends

 What is SunTrust Banks's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.15%
Current annual income from SunTrust Banks dividends. Estimated to be 3.54% next year.
If you bought $2,000 of SunTrust Banks shares you are expected to receive $63 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • SunTrust Banks's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • SunTrust Banks's dividend is below the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:STI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 472 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:STI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.47 5.00
2020-12-31 2.34 21.00
2019-12-31 2.11 22.00
NYSE:STI Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-15 2.000 3.184
2018-11-14 2.000 3.479
2018-08-14 2.000 2.977
2018-04-24 1.600 2.315
2018-02-13 1.600 2.314
2017-11-15 1.600 2.453
2017-08-08 1.600 2.778
2017-08-04 1.600 2.750
2017-07-21 1.600 2.797
2017-04-25 1.040 1.857
2017-02-14 1.040 1.824
2016-11-09 1.040 1.902
2016-06-29 1.040 2.390
2016-04-26 0.960 2.292
2016-02-09 0.960 2.653
2015-11-10 0.960 2.390
2015-08-11 0.960 2.382
2015-08-05 0.960 2.166
2015-07-17 0.960 2.161
2015-05-07 0.960 2.215
2015-04-20 0.960 2.314
2015-02-10 0.800 1.928
2014-11-11 0.800 2.002
2014-08-12 0.800 2.106
2014-03-27 0.800 2.058
2014-02-11 0.400 1.039
2013-11-12 0.400 1.089
2013-08-13 0.400 1.195
2013-03-18 0.400 1.282
2013-02-12 0.200 0.705
2012-11-13 0.200 0.714
2012-08-14 0.200 0.731
2012-04-24 0.200 0.858
2012-02-14 0.200 0.864
2011-11-08 0.200 1.056
2011-08-09 0.200 1.064
2011-04-26 0.040 0.155
2011-02-08 0.040 0.135
2010-11-09 0.040 0.146
2010-08-10 0.040 0.159
2010-04-27 0.040 0.153
2010-02-09 0.040 0.153
2009-11-10 0.040 0.180
2009-08-11 0.040 0.186
2009-04-28 0.400 2.458
2009-04-20 0.400 2.665

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of SunTrust Banks's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess SunTrust Banks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SunTrust Banks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SunTrust Banks has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

STI Management

 What is the CEO of SunTrust Banks's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bill Rogers
COMPENSATION $8,815,914
AGE 60
TENURE AS CEO 7.8 years
CEO Bio

Mr. William Henry Rogers, Jr., also known as Bill, serves as Chairman of SunTrust Banks, Inc. since January 1, 2012 and has been its Chief Executive Officer since June 2011. He is the Chairman & Chief Executive Officer of SunTrust Bank since June 1, 2011 & serves as its President. He serves as Chairman, Chief Executive Officer and President of SunTrust Bank Holding Company. He began his career in 1980, joining the commercial banking division SunTrust Banks, Inc. He held increasingly senior positions in corporate and commercial banking, corporate finance, retail banking, private wealth management and mortgage, prior to being named President in 2008 and Chief Operating Officer in 2010. He serves on a number of local and national organizations. He served as President of SunTrust Securities Inc. He is a Board Member of the Boys & Girls Clubs of America and Chair of Achieve Atlanta and The Commerce Club. He is a Director of Virtus Fund Advisers, LLC. He is a Member of the Emory University Board of Trustees and Atlanta Committee for Progress and serves on the Board of Operation HOPE. In addition, he volunteers on the Georgia State Robinson College of Business Board of advisors and the Board of trustees for Woodruff Arts Center. He was a Director of Federal Reserve Bank of Atlanta since January 1, 2012. Mr. Rogers served as a Director of Books-a-Million, Inc., since November 2000 until May 28, 2013. He is also a Member of the Federal Reserve Board of Governors’ Federal Advisory Council of the Federal Reserve Bank of Atlanta. He earned a bachelor’s degree in business administration from the University of North Carolina at Chapel Hill and an MBA from Georgia State University.

CEO Compensation
  • Bill's compensation has been consistent with company performance over the past year.
  • Bill's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the SunTrust Banks management team in years:

1.2
Average Tenure
54
Average Age
  • The average tenure for the SunTrust Banks management team is less than 2 years, this suggests a new team.
Management Team

Bill Rogers

TITLE
Chairman & CEO
COMPENSATION
$9M
AGE
60
TENURE
7.8 yrs

Laura Dukes

TITLE
Corporate Executive VP & CFO
COMPENSATION
$3M
AGE
43
TENURE
1.1 yrs

Mark Chancy

TITLE
Vice Chairman
COMPENSATION
$5M
AGE
53
TENURE
1.2 yrs

Beau Cummins

TITLE
Co-COO & Wholesale Segment Executive
COMPENSATION
$5M
AGE
55
TENURE
1.2 yrs

Scott Case

TITLE
Corporate Executive VP & Chief Information Officer
COMPENSATION
$3M
AGE
47
TENURE
1.2 yrs

Ernie Dawal

TITLE
Chief Investment Officer
TENURE
7.8 yrs

Ankur Vyas

TITLE
Director of Investor Relations & Assistant Treasurer

Ann Reams

TITLE
Compliance Officer

Ellen Fitzsimmons

TITLE
General Counsel
AGE
57
TENURE
1.3 yrs

Sue Mallino

TITLE
Chief Communications Officer & Senior VP
TENURE
5.9 yrs
Board of Directors Tenure

Average tenure and age of the SunTrust Banks board of directors in years:

5.8
Average Tenure
63
Average Age
  • The tenure for the SunTrust Banks board of directors is about average.
Board of Directors

Bill Rogers

TITLE
Chairman & CEO
COMPENSATION
$9M
AGE
60
TENURE
7.3 yrs

David Fuller

TITLE
Chairman of SunTrust Bank Central Florida div
TENURE
7.1 yrs

David Stevens

TITLE
Chairman and CEO of Central Carolina Division
AGE
61

Gary Peacock

TITLE
Chairman

Manny Perdomo

TITLE
Chairman of South Florida div
TENURE
2.7 yrs

Tom Watjen

TITLE
Director
COMPENSATION
$274K
AGE
64
TENURE
9 yrs

David Ratcliffe

TITLE
Lead Director
COMPENSATION
$282K
AGE
69
TENURE
0.3 yrs

Donna Morea

TITLE
Director
COMPENSATION
$264K
AGE
63
TENURE
7 yrs

Paul Garcia

TITLE
Director
COMPENSATION
$234K
AGE
66
TENURE
4.7 yrs

Dallas Clement

TITLE
Director
COMPENSATION
$232K
AGE
53
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • SunTrust Banks insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
27. Feb 19 Sell Mark Chancy Individual 26. Feb 19 26. Feb 19 -10,000 $65.38 $-653,800
27. Feb 19 Sell Jorge Arrieta Individual 25. Feb 19 25. Feb 19 -4,000 $66.25 $-265,016
15. Aug 18 Sell Jorge Arrieta Individual 14. Aug 18 14. Aug 18 -2,500 $73.13 $-182,835
23. May 18 Sell Hugh Cummins Individual 21. May 18 21. May 18 -11,000 $69.00 $-759,000
17. May 18 Buy Frank Scruggs Individual 16. May 18 16. May 18 1,000 $69.01 $69,010
15. May 18 Sell Jerome Lienhard Individual 14. May 18 14. May 18 -8,750 $69.06 $-604,275
07. May 18 Buy Steven Voorhees Individual 04. May 18 04. May 18 6,000 $65.96 $395,760
03. May 18 Sell Agnes Scanlan Individual 02. May 18 02. May 18 -1,500 $67.35 $-101,025
X
Management checks
We assess SunTrust Banks's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SunTrust Banks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

STI News

Simply Wall St News

SunTrust Banks, Inc. (NYSE:STI): What Does The Future Look Like?

Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued at $60)! … (NYSE:STI) released its latest earnings announcement on 31 December 2018,

Simply Wall St -

What You Should Know About SunTrust Banks, Inc.’s (NYSE:STI) Risks

As a US$27b market capitalisation company operating in the financial services sector, SunTrust Banks, Inc. … Economic growth fuels demand for loans and affects a borrower’s ability to repay which directly impacts the level of risk SunTrust Banks takes on. … It is relevant to understand a bank’s level of risky assets on its accounts as it affects the attractiveness of its stock as an investment.

Simply Wall St -

Who Has Been Selling SunTrust Banks, Inc. (NYSE:STI) Shares?

So before you buy or sell SunTrust Banks, Inc. … SunTrust Banks Insider Transactions Over The Last Year … In the last twelve months, the biggest single sale by an insider was when Co-COO & Wholesale Segment Executive Hugh Cummins sold US$759k worth of shares at a price of US$69.00 per share

Simply Wall St -

Three Understated Metrics For SunTrust Banks, Inc. (NYSE:STI) You Should Know

As major financial institutions return to health after the Global Financial Crisis, we are seeing an increase in market confidence, and understanding of, these “too-big-to-fail” banking stocks. … Following the crisis, a set of reforms termed Basel III was enforced to bolster risk management, regulation, and supervision in the financial services industry. … We should we cautious when it comes to investing in financial stocks due to the various risks large banks tend to face.

Simply Wall St -

SunTrust Banks Inc (NYSE:STI) Investors Are Paying Above The Intrinsic Value

Pricing STI, a financial stock, can be difficult since these banks have cash flows that are affected by regulations that are not imposed upon other sectors. … For example, banks are required to hold more capital to reduce the risk to depositors.

Simply Wall St -

Does SunTrust Banks Inc's (NYSE:STI) CEO Pay Reflect Performance?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. … How Does Bill Rogers's Compensation Compare With Similar Sized Companies. … Our data indicates that SunTrust Banks Inc is worth US$28.5b, and total annual CEO compensation is US$10m.

Simply Wall St -

How Does SunTrust Banks Inc (NYSE:STI) Fare As A Dividend Stock?

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Historically, SunTrust Banks Inc (NYSE:STI) has been paying a dividend to shareholders. … Let's take a look at SunTrust Banks in more detail.

Simply Wall St -

SunTrust Banks Inc (NYSE:STI): What You Have To Know Before Buying For The Upcoming Dividend

On the 17 September 2018, SunTrust Banks Inc (NYSE:STI) will be paying shareholders an upcoming dividend amount of US$0.50 per share. … Investors looking for higher income-generating stocks to add to their portfolio should keep reading, as I take a deeper dive into SunTrust Banks's latest financial data to analyse its dividend attributes. … Has it paid dividend every year without dramatically reducing payout in the past?

Simply Wall St -

Is SunTrust Banks Inc's (NYSE:STI) 10.12% ROE Strong Compared To Its Industry?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … With an ROE of 10.12%, SunTrust Banks Inc (NYSE:STI) returned in-line to its own industry which delivered 8.45% over the past year. … Check out our latest analysis for SunTrust Banks

Simply Wall St -

At US$65.47, Is It Time To Buy SunTrust Banks Inc (NYSE:STI)?

Let's talk about the popular SunTrust Banks Inc (NYSE:STI). … Let’s take a look at SunTrust Banks’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change … View out our latest analysis for SunTrust Banks

Simply Wall St -

STI Company Info

Description

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. It operates in two segments, Consumer and Wholesale. The Consumer segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; professional investment advisory products and services; and trust services, as well as family office solutions. This segment also offers residential mortgage products in the secondary market. The Wholesale segment provides capital markets solutions, including advisory, capital raising, and financial risk management; asset-based financing solutions, such as securitizations, asset-based lending, equipment financing, and structured real estate arrangements; cash management services and auto dealer financing solutions; investment banking solutions; and credit and deposit, fee-based product offering, multi-family agency lending, advisory, commercial mortgage brokerage, and tailored financing and equity investment solutions. This segment also offers treasury and payment solutions, such as operating various electronic and paper payment types, which comprise card, wire transfer, automated clearing house, check, and cash; and provides services clients to manage their accounts online. The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2018, it operated 1,218 full-service banking offices located in Florida, Georgia, Virginia, North Carolina, Tennessee, Maryland, South Carolina, and the District of Columbia. SunTrust Banks, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

Details
Name: SunTrust Banks, Inc.
STI
Exchange: NYSE
Founded: 1891
$28,171,338,370
443,713,000
Website: http://www.suntrust.com
Address: SunTrust Banks, Inc.
303 Peachtree Street, N.E.,
Atlanta,
Georgia, 30308,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE STI Common Stock New York Stock Exchange US USD 01. Jul 1985
DB SUU Common Stock Deutsche Boerse AG DE EUR 01. Jul 1985
LSE 0LAT Common Stock London Stock Exchange GB USD 01. Jul 1985
BMV STI * Common Stock Bolsa Mexicana de Valores MX MXN 01. Jul 1985
NYSE STI.PRA PFD 1/4000 A New York Stock Exchange US USD 15. Sep 2006
DB A1ZR91 -F 5.625% Deutsche Boerse AG DE USD 14. Nov 2014
Number of employees
Current staff
Staff numbers
22,626
SunTrust Banks employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 23:42
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/19
Last earnings filing: 2019/04/18
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.