Wednesday, July 11, 2007

SunTrust Banks

SunTrust Banks is among the world’s largest Regional Banks sector businesses in the world. SunTrust Banks’s employees generate $2.107B in profits on $7.711B of revenue. Global output in the Regional Banks business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but SunTrust Banks is determined to remain a market leader. Sectoral leadership in the Regional Banks segment takes dedication and consistency, but management seeks out-sized growth.

SunTrust Banks’s ticker symbol STI has recently been trading near $86.90 a share. The SunTrust Banks corporate headquarters in Atlanta GA predicts Regional Banks profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $30.991B ensures sufficient liquidity. With a beta of 0.25, the company is less volatile than the market as a whole. When the average equity moves lower, SunTrust Banks moves less aggressively.

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