SunTrust Related Content

BB&T, SunTrust Complete Merger, Relaunch as Truist

BB&T and SunTrust Banks completed their merger of equals and relaunched as Truist Financial, the sixth largest U.S. commercial bank. read more

SunTrust Earnings Benefit from $172MM Tax Reform-Related Items

SunTrust reported Q4/17 net income of $710 million was up from $448 million for the same quarter in 2016. The bank noted results included a $172 million after-tax net benefit from tax reform-related items. read more

Textainer Refinances $1.2B Warehouse Financing Facility

Intermodal lessor Textainer Group announced an subsidiary of the company closed on a refinancing to extend its term loan and lower the rate on it warehouse facility to acquire containers. read more

SunTrust Expands ATSG Facility to Support Fleet Growth

Air Transport Services Group obtained lender commitments for a one-year extension through May 2022 of its secured credit facility, which was upsized to $545 million. The amendment was led by SunTrust. read more

SunTrust Announces Executive Moves as Part of Streamlining

SunTrust appointed key leaders to new roles as the company streamlines it business segments to boost performance. read more

Reuters: Major Regional Banks Prepare for Energy Loan Losses

According to Reuters, five U.S. regional banks put aside millions of dollars during Q1/16 to cover potential losses from loans to the energy sector. read more

SunTrust: Shifts in Small and Mid-market Growth Strategies

According to the annual SunTrust Banks Business Pulse Survey, there is a significant shift in the growth strategies of middle-market and small businesses as they plan expansion in the next five years. read more

TAL International Completes Financing, Releases Triton Merger Update

TAL International Container closed an add-on financing to its existing term loan, with SunTrust as administrative agent and collateral agent. The commitment of the loan increased from $307 million to $407 million. read more

SunTrust Launches FinTech-Focused Commercial Banking Specialty

SunTrust launched a new payments and technology industry specialty in Commercial and Business Banking. Eric Brewer, current head of Treasury and Payment Solutions at SunTrust, will lead this new specialty. read more

SunTrust Led Group Provides $260MM to Private Aircraft FBO

Private aircraft FBO Sheltair said it obtained a $60 million credit line and a $200 million credit facility from a group of lenders led by SunTrust Bank. read more

SunTrust, Apollo, Ares Said to be Interested in GE Sponsor Unit

Bloomberg reported that SunTrust, Apollo Global Management and Ares Management are weighing offers for a GE unit in the U.S. that lends to private-equity firms. read more

SunTrust: Business Leaders Ready for Growth

Eighty-four percent of business owners and company decision makers are seeking growth opportunities, according to the annual Business Pulse Survey sponsored by SunTrust. read more

Inside GE Capital

Jerry Parrotto

Recently, monitordaily reported GE Capital segment results showed overall net earnings for Q3/14 were $1.492 billion, down 22% from $1.903 a year earlier. All financial segments – Consumer, Real Estate, GECAS and Energy Financial – were off, with the exception... read more

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