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SunTrust Banks, Inc.
Ticker Symbol: STI* CUSIP: 867914103 Exchange: NYSE
* NOTE: This security is no longer trading as of 12/06/2019
Company's Online Profile
BUSINESS: SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. Through its flagship subsidiary, SunTrust Bank, the Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and investment banking services.
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Notes: Nov. 19, 2019 -- BB&T Corporation (NYSE: BBT) and SunTrust Banks, Inc. (NYSE: STI) today announced receipt of regulatory approvals from the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation to complete the previously announced merger of equals and become Truist Financial Corporation. Upon completion of the merger, Truist will be the sixth largest U.S. commercial bank, serving approximately 10 million U.S. consumer households and a full range of business clients, with leading market share in many of the most attractive, high-growth markets in the country. BB&T and SunTrust expect to complete the merger on December 6, 2019, pending satisfaction of customary closing conditions. BB&T common shares will become Truist common shares and SunTrust common shareholders will receive 1.295 Truist common shares for each share of SunTrust common stock they own at the closing. Following the closing, Truist common shares will trade on the NYSE under the symbol "TFC" and depositary shares or preferred purchase securities representing interests in Truist Series F, G, H, I and J preferred shares will trade on the NYSE under the symbols "TFC-F," "TFC-G," "TFC-H," "TFC-I" and "TFC-J," respectively.
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Large Cap Stock -
Market Value $29.36 Billion
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 303 Peachtree Street N.E., Atlanta, GA 30308 |
| Main Phone Number |
800-786-8787 |
| Fax Number |
404-332-3875 |
| Investor Relations
Leisa Branch
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800-324-8093
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| Toll Free Phone Number |
800-786-8787 |
| CEO - William H. Rogers, Jr. |
CFO - L. Allison Dukes |
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