SunTrust Banks, Inc. (extinct)

SunTrust Banks, Inc. (extinct)

SunTrust Banks, Inc. (extinct)

Overview
Date Founded

1984

Headquarters

303 Peachtree Street NE,Atlanta, GA 30308

Type of Company

Public

Employees (Worldwide)

22.9K

Industries

Retail & Commercial Banking
Accounting & Financial Services
Consumer Finance

Company Description

SunTrust Banks, Inc. is a bank and financial holding company that engages in the provision of financial services. It offers deposit, credit, mortgage banking, trust and investment, asset management, securities brokerage, and capital market services. It operates through the following segments: Consumer, Wholesale, and Corporate Other. The Consumer segment consists of consumer banking, lending, wealth management, and mortgage banking services. The Wholesale segment relates to advisory, capital raising, and financial risk management; commercial and business banking, commercial real estate; as well as treasury and payment solutions. The Corporate Other segment covers management of the company's investment securities portfolio, long-term debt, end user derivative instruments, short-term liquidity and funding activities, balance sheet risk management, and most real estate assets. The company was founded in July 12, 1984 and is headquartered in Atlanta, GA.

Contact Data
Trying to get in touch with decision makers at SunTrust Banks, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Executive Vice President & Chief Risk Officer

Chief Executive Officer of SunTrust Bank, Central Group, Executive Vice President

President & Chief Executive Officer, SunTrust Mortgage, Inc

Business Owners Specialty Group

President & Chief Executive Officer

Paths to SunTrust Banks, Inc.
Potential Connections via
Relationship Science
You
SunTrust Banks, Inc.
Owners & Shareholders
Details Hidden

CRMC's International Investors division invests primarily in the stocks of large-cap growth-oriented companies across practically all sectors. Although they invest internationally, most of their investments are in the stocks of North American companies. They maintain an investment philosophy that is distinguished by four key beliefs: (1) solid research is fundamental to sound investment decisions; (2) investment decisions should not be made lightly; (3) a long-term approach; (4) the capital system.

Details Hidden

MAA has Target Asset Allocation categories, which have associated asset class allocation ranges: conservative, moderately conservative, moderate, moderately aggressive, aggressive, equity-focused, fixed income-focused, alternative investment-focused and custom allocation. The firm's more conservative target asset Allocations typically recommend a greater percentage of client's assets be allocated to fixed income investments and cash, rather than to equity securities. The more aggressive target asset allocations typically recommend a greater percentage of client's assets be allocated to equity investments and alternative investments, rather than to fixed income investments and cash. The equity-focused, fixed Income-focused or alternative investment-focused target asset allocation categories allows to orient portfolio towards a single asset class and get more significant exposure to a single asset class.

Details Hidden

AC's investment process utilizes quantitative methods that focus on identifying and incorporating investment signals into their proprietary return, risk and transaction cost models. Their investment approach involves creating and investing in diversified equity portfolios. They utilize a structured investment process that attempts to add value relative to a client specific benchmark. This involves identifying opportunities across companies, sectors and countries by evaluating a diverse set of fundamental and market-based predictive factors. Portfolios are constructed through the use of a mean variance optimizer and proprietary risk and transaction cost models. Depending on the client's mandate, AC offers advice on forward foreign currency contracts, options on foreign currency, futures, interest rates, currency, equity swap transactions, REITs and repurchase agreements. They also effect transactions in derivatives.

Recent Transactions
Details Hidden

BB&T Corp. purchases SunTrust Banks, Inc. resulting in a new company Truist Financial Corp.

Details Hidden

IPFS Corporation purchases Premium Assignment Corp. from SunTrust Banks, Inc.

Details Hidden

SunTrust Banks, Inc. purchases Pillar Financial LLC /2 Subsidiaries from Pillar Financial LLC

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Accountant

Advised onSunTrust Banks, Inc. purchases Crestar Financial Corp.

Investment Advisor

Advised onBB&T Corp. purchases SunTrust Banks, Inc. resulting in a new company Truist Financial Corp.

Legal Advisor

Advised onSunTrust Banks, Inc. purchases Crestar Financial Corp.

Legal Advisor

Advised onBB&T Corp. purchases SunTrust Banks, Inc. resulting in a new company Truist Financial Corp.

Legal Advisor

Advised onSunTrust Banks, Inc. purchases National Commerce Financial Corp. (Tennessee)

Legal Advisor

Advised onBB&T Corp. purchases SunTrust Banks, Inc. resulting in a new company Truist Financial Corp.

Advisors & Consultants
Legal Advisor

Partner at Schulte Roth & Zabel LLP

Legal Advisor

Shareholder at GrayRobinson PA

Legal Advisor

Founder at Black, Mann & Graham LLP

Clients

Navicent Health provides general healthcare services. The company operates The Medical Center of Central Georgia, outpatient clinics and Carlyle Place, an assisted-living center. It offers comprehensive home care services, cardiac, neurology and orthopedics programs. Central Georgia Health System was founded in 1994 and is headquartered in Macon, GA.

Key Stats and Financials As of 2018
Market Capitalization
$31.5B
Total Enterprise Value
$43.5B
Earnings Per Share
$5.74
Revenue
$10.4B
Net Profit
$2.78B
Total Debt
$23.8B
Total Equity
$24.3B
Enterprise Value Sales
4.17x
TEVNet Income
15.69x
Debt TEV
0.55x
Three Year Compounded Annual Growth Rate Of Revenue
8.25%
Five Year Compounded Annual Growth Rate Of Revenue
4.39%
Non-Profit Donations & Grants
Political Donations
Investments
Details Hidden

Finxact, Inc. develops core-as-a-service banking technology. It allow banks to deliver new services for today's omni-channel consumer. The company was founded by Francis R. Sanchez, Michael A. Sanchez, Deborah Kovacs, Dylan Phillips, Dan H. McKinney, and Jim Joyce in 2016 and is headquartered in Jacksonville, FL.

Details Hidden

Payrailz LLC operates as a digital payments company offering bill payment and money transfer solutions to banks and credit unions. Its technology, including AI, security, cloud-based software and chat bot, offers engaging payment solutions to the customers. The company is headquartered in Glastonbury, CT.

Details Hidden

Greenlight Financial Technology, Inc. provides debit cards for kids, teens, and college students. Through its mobile application, its platform allows users to automate allowances, send money, and receive real-time notifications. The company was founded by Timothy P. Sheenan, Johnson Cook, and John Hagelgans in 2014 and is headquartered in Atlanta, GA.

Investors
Details Hidden

Founder at Legendary Communities Alabama LLC

Awards & Honors
Rank #329
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #329
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by SunTrust Banks, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of SunTrust Banks, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and SunTrust Banks, Inc..