The Zacks Analyst Blog Highlights: KeyCorp, SunTrust Banks, Fifth Third Bancorp, BB&T and Comerica
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:30AM CDT
The Zacks Analyst Blog Highlights: KeyCorp, SunTrust Banks, Fifth Third Bancorp, BB&T and Comerica
FITB: 18.95 (-0.01), BBT: 37.07 (-0.07), STI: 41.97 (-0.08), KEY: 11.70 (+0.03), CMA: 44.80 (+0.07)
Bank Stock Roundup: Q2 Earnings Coming to an End; KeyCorp, BB&T in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 10:26AM CDT
Over the last five trading days, we have seen the last phase earnings releases for the second quarter by U.S. banks.
FITB: 18.95 (-0.01), COF: 66.17 (-0.38), BBT: 37.07 (-0.07), JPM: 64.52 (-0.14), C: 43.94 (+0.05), STI: 41.97 (-0.08), WFC: 47.89 (+0.32), KEY: 11.70 (+0.03), PNC: 83.93 (+0.08), CMA: 44.80 (+0.07)
SunTrust Announces Key Appointments within Finance Team
PR Newswire - Mon Jul 11, 3:05PM CDT
SunTrust Banks, Inc. (NYSE: STI) today announced that Al Kolesar has been named corporate treasurer. He succeeds Kevin Blair who has resigned from the company to pursue other opportunities.
STI: 41.97 (-0.08)
After Yesterday's Rally of 1.25% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jul 11, 1:18PM CDT
SunTrust Banks (NYSE:STI) traded in a range yesterday that spanned from a low of $41.78 to a high of $42.20. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $41.88 on volume of 2.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
STI: 41.97 (-0.08)
Financial Sector Equities Under Review - ICICI Bank, SunTrust Banks, Comerica, and LendingTree
PR Newswire - Tue Jun 21, 6:55AM CDT
On Monday, June 20, 2016, the NASDAQ Composite ended the trading session at 4,837.21, up 0.77%; the Dow Jones Industrial Average advanced 0.73% to finish at 17,804.87; and the S&P 500 closed at 2,083.25, up 0.58%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: ICICI Bank Ltd (NYSE: IBN), SunTrust Banks Inc. (NYSE: STI), Comerica Inc. (NYSE: CMA), and LendingTree Inc. (NASDAQ: TREE). Learn more about these stocks by accessing their free trade alerts at:
IBN: 7.27 (-0.03), TREE: 106.35 (+3.97), STI: 41.97 (-0.08), CMA: 44.80 (+0.07)
Watch for SunTrust Banks to Potentially Rebound After Falling 1.41% Yesterday
Comtex SmarTrend(R) - Thu Jun 16, 1:58PM CDT
SunTrust Banks (NYSE:STI) traded in a range yesterday that spanned from a low of $40.13 to a high of $40.67. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $40.55 on volume of 1.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STI: 41.97 (-0.08)
Downgrade Alert for SunTrust Banks (STI)
Comtex SmarTrend(R) - Wed Jun 08, 3:05AM CDT
SunTrust Banks (NYSE:STI) was downgraded from Positive to Neutral at Susquehanna today. The stock closed yesterday at $43.40 on volume of 2.9 million shares, below average daily volume of 4.0 million. SunTrust Banks (NYSE:STI) has potential upside of 7.6% based on a current price of $43.40 and analysts' consensus price target of $46.70. SunTrust Banks shares have support at the 200-day moving average (MA) of $39.66 and additional support at the 50-day MA of $37.64.
STI: 41.97 (-0.08)
SunTrust to Announce Second Quarter 2016 Earnings Results Friday, July 22, 2016
PR Newswire - Mon Jun 06, 11:06AM CDT
SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release second quarter 2016 results on Friday, July 22, 2016. SunTrust management will host a conference call that morning and details are as follows:
STI: 41.97 (-0.08)
Look for Shares of SunTrust Banks to Potentially Rebound after Yesterday's 2.18% Sell Off
Comtex SmarTrend(R) - Fri Jun 03, 2:05PM CDT
SunTrust Banks (NYSE:STI) traded in a range yesterday that spanned from a low of $42.22 to a high of $43.17. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $42.85 on volume of 2.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STI: 41.97 (-0.08)
SmarTrend Watching for Potential Rebound in Shares of SunTrust Banks After 2.18% Loss
Comtex SmarTrend(R) - Fri Jun 03, 2:04PM CDT
SunTrust Banks (NYSE:STI) traded in a range yesterday that spanned from a low of $42.22 to a high of $43.17. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $42.85 on volume of 2.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STI: 41.97 (-0.08)
SunTrust Banks Shares Up 20.8% Since SmarTrend's Buy Recommendation (STI)
Comtex SmarTrend(R) - Fri Jun 03, 1:40PM CDT
SmarTrend identified an Uptrend for SunTrust Banks (NYSE:STI) on March 2nd, 2016 at $35.53. In approximately 3 months, SunTrust Banks has returned 20.76% as of today's recent price of $42.90.
STI: 41.97 (-0.08)
SunTrust Announces Leadership Transition in Human Resources and South Florida
PR Newswire - Wed Jun 01, 11:00AM CDT
SunTrust Banks, Inc. (NYSE: STI) today announced a leadership transition in its Human Resources function and South Florida market.
STI: 41.97 (-0.08)
SunTrust Names Kathleen Zadareky to Lead Investor and Regulatory Strategy for Mortgage
PR Newswire - Fri May 27, 8:05AM CDT
SunTrust Banks, Inc. (NYSE: STI) today announced that Kathleen Zadareky will lead Investor and Regulatory Strategy for SunTrust Mortgage, Inc. She will report to Mortgage President and Chief Executive Officer Dorinda Smith and oversee product development, affordable and inclusive lending, exam management, investor and regulatory relations.
STI: 41.97 (-0.08)
Look for Shares of SunTrust Banks to Potentially Pullback after Yesterday's 1.65% Rise
Comtex SmarTrend(R) - Wed May 25, 2:00PM CDT
SunTrust Banks (NYSE:STI) traded in a range yesterday that spanned from a low of $43.47 to a high of $44.32. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $43.31 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
STI: 41.97 (-0.08)
SunTrust Banks Rises 1.65% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed May 25, 1:59PM CDT
SunTrust Banks (NYSE:STI) traded in a range yesterday that spanned from a low of $43.47 to a high of $44.32. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $43.31 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
STI: 41.97 (-0.08)
Bank Stocks in Focus as Fed Signals Rate Hike in June
Zacks Equity Research - Zacks Investment Research - Thu May 19, 4:42PM CDT
Several bank stocks rallied on Wednesday after Federal Reserve officials signaled a likely interest rate hike decision in June's policy meeting
FITB: 18.95 (-0.01), RF: 9.07 (+0.03), CFG: 22.68 (+0.22), STI: 41.97 (-0.08), FHN: 14.70 (+0.06)