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Stock Market & Financial Investment News

News Breaks
January 17, 2014
06:06 EDTSTISunTrust reports Q4 EPS 77c, consensus 69c
Reports Q4 revenue $2.29B, consensus $2.03B. Reports Q4 capital ratio 11.13%. Reports Q4 Tier 1 common equity ratio 10.04%. Reports Q4 net charge-offs 1.3%. Reports Q4 book value per share $38.61. Reports Q4 NII $5B.
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September 9, 2014
11:22 EDTSTISunTrust sees modest decline potential in cyclical costs, other expenses
Says committed to maintaining strong expense discipline. Says that there is potential for modest declines in cyclical costs and other credit-related expenses. Believes company's size is an advantage. In terms of the company's consumer banking and private wealth management area, it looks to grow wealth management, optimize the delivery model, increase consumer lending production and continue to improve retail productivity. Says that there is further potential in improving the company's overall return profile and capital return to shareholders. Comments take from the company's slide presentation at the Barclays 2014 Global Financial Services Conference.
September 8, 2014
07:24 EDTSTIBarclays to hold a conference
Global Financial Services Conference to be held in New York on September 8-10.

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