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

DEC 9, 2019 - 6:30 am

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

JAN 22, 2018 - 7:00 am

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

SEP 8, 2017 - 6:23 am

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

APR 3, 2017 - 7:24 am

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

FEB 27, 2017 - 7:11 am

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

APR 25, 2016 - 7:29 am

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

MAR 24, 2016 - 6:37 am

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

FEB 11, 2016 - 6:42 am

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

FEB 5, 2016 - 7:08 am

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

AUG 24, 2015 - 6:29 am

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

APR 27, 2015 - 9:39 am

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

MAR 10, 2015 - 7:30 am

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

Oct 2014