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.
Flawless balance sheet average dividend payer.
Share Price & News
How has SunTrust Banks's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: STI exceeded the US Banks industry which returned 21.7% over the past year.
Return vs Market: STI exceeded the US Market which returned 24.7% over the past year.
Price Volatility Vs. Market
How volatile is SunTrust Banks's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StSunTrust Banks, Inc. (NYSE:STI): What Does The Future Look Like?
1 year ago | Simply Wall StWhat You Should Know About SunTrust Banks, Inc.’s (NYSE:STI) Risks
1 year ago | Simply Wall StWho Has Been Selling SunTrust Banks, Inc. (NYSE:STI) Shares?
Is SunTrust Banks undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STI ($70.13) is trading below our estimate of fair value ($81.9)
Significantly Below Fair Value: STI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: STI is good value based on its PE Ratio (12.8x) compared to the Banks industry average (12.8x).
PE vs Market: STI is good value based on its PE Ratio (12.8x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: STI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: STI is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).
How is SunTrust Banks forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STI's earnings are forecast to decline over the next 3 years (-1.9% per year).
Earnings vs Market: STI's earnings are forecast to decline over the next 3 years (-1.9% per year).
High Growth Earnings: STI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: STI's revenue (1.3% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: STI's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STI's Return on Equity is forecast to be low in 3 years time (9.4%).
How has SunTrust Banks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STI has high quality earnings.
Growing Profit Margin: STI's current net profit margins (27.5%) are lower than last year (31.2%).
Past Earnings Growth Analysis
Earnings Trend: STI's earnings have grown by 9.9% per year over the past 5 years.
Accelerating Growth: STI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STI had negative earnings growth (-11%) over the past year, making it difficult to compare to the Banks industry average (27.1%).
Return on Equity
High ROE: STI's Return on Equity (9.7%) is considered low.
Return on Assets
Return on Capital Employed
How is SunTrust Banks's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: STI has a low level of unsold assets or inventory.
Debt Coverage by Assets: STI's debt is not covered by short term assets (assets are 0.7x debt).
Financial Institutions Analysis
Asset Level: STI's level of assets compared to its equity is low.
Allowance for Bad Loans: STI has a sufficient allowance for bad loans.
Low Risk Liabilities: STI's liabilities are made up of primarily low risk sources of funding.
Loan Level: STI has an acceptable proportion of non-loan assets held.
Low Risk Deposits: STI's loans are broadly funded by customer deposits.
Level of Bad Loans: STI has an appropriate level of bad loans (0.38%)
What is SunTrust Banks's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: STI's dividend (3.19%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: STI's dividend (3.19%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: STI's dividend payments have been volatile in the past 10 years.
Growing Dividend: STI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.5%), STI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STI's dividends in 3 years are forecast to be well covered by earnings (41.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Rogers (61yo)
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. Mr. Rogers has been President a ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD8.82M) is about average for companies of similar size in the US market ($USD10.76M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
|Chairman & CEO||8.5yrs||US$8.82m||0.15% $47.3m|
|Corporate Executive VP & CFO||1.8yrs||US$2.64m||0.0099% $3.1m|
|Vice Chairman and Co-COO||1.8yrs||US$5.25m||0.044% $13.8m|
|Co-COO & Wholesale Segment Executive||1.8yrs||US$4.82m||0.016% $5.0m|
|Corporate Executive VP & Chief Information Officer||1.8yrs||US$2.78m||0.00021% $65.4k|
|Chief Investment Officer||8.4yrs||no data||no data|
|Director of Investor Relations & Assistant Treasurer||0yrs||no data||no data|
|Compliance Officer||0yrs||no data||no data|
|General Counsel||1.9yrs||no data||0.00028% $87.2k|
|Chief Communications Officer & Senior VP||6.6yrs||no data||no data|
Experienced Management: STI's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Chairman & CEO||8.5yrs||US$8.82m||0.15% $47.3m|
|Chairman of SunTrust Bank Central Florida div||7.8yrs||no data||no data|
|Chairman and CEO of Central Carolina Division||0yrs||no data||no data|
|Chairman||0yrs||no data||no data|
|Chairman of South Florida div||3.3yrs||no data||no data|
|Lead Director||0.9yrs||US$281.50k||0.0048% $1.5m|
|Independent Director||4yrs||US$232.00k||no data|
|Independent Director||6.7yrs||US$236.50k||0.0019% $594.8k|
|Independent Director||5.3yrs||US$233.50k||0.0020% $613.5k|
|Independent Director||7.7yrs||US$264.00k||0.0063% $2.0m|
Experienced Board: STI's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: STI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SunTrust Banks, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: SunTrust Banks, Inc.
- Ticker: STI
- Exchange: NYSE
- Founded: 1891
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$31.140b
- Shares outstanding: 444.04m
- Website: https://www.suntrust.com
Number of Employees
- SunTrust Banks, Inc.
- 303 Peachtree Street, N.E.
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|STI||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jul 1985|
|SUU||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 1985|
|0LAT||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jul 1985|
|STI *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jul 1985|
|STI.PRA||NYSE (New York Stock Exchange)||PFD 1/4000 A||US||USD||Sep 2006|
|A1ZR91||DB (Deutsche Boerse AG)||5.625%-FRN PERP USD 'F'||DE||USD||Nov 2014|
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. As of December 6, 2019, SunTrust Banks, Inc. operates as a subsidiary of BB&T Corporation.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/12/09 23:42|
|End of Day Share Price||2019/12/06 00:00|
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.