SunTrust earnings rise in first quarter

Suntrust Bank Looking to Close 40 Locations by the End of First Quarter  · Earnings per share for the first quarter were $3.73, beating estimates, though the stock failed to bounce on the news. Health-insurance stocks struggled early this year.

SunTrust (STI) Beats on Q1 Earnings as Expenses Decline. Total revenues (taxable equivalent basis) for the quarter were $2.26 billion, almost stable year over year. However, the figure lagged the Zacks Consensus Estimate of $2.28 billion. Net interest income (FTE basis) increased 4% year over year to $1.46 billion.

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3 SunTrust presents return on average tangible common shareholders. 6 Current period Basel III capital ratios are estimated as of the earnings release date. Fully phased-in ratios consider a 250%.

Sales from the intelligent cloud division, made up of Azure and server software, jumped 19% to $11.4 billion — the first quarter the unit has been Microsoft’s biggest by revenue. Story.

Fidelity National third-quarter revenue holds steady at $2 billion The Treasury Department said it would cash out all of the trust preferred securities it holds in Citi for $2.25 billion, and had sold 1.5 billion. Shares of title insurers Fidelity National.

SunTrust (STI) Beats on Q1 Earnings, Provisions & Costs Rise. SunTrust Banks, Inc. ‘s ( STI – Free Report ) first-quarter 2017 adjusted earnings of 87 cents per share outpaced the Zacks Consensus Estimate of 84 cents. Also, the figure was up 4% year over year. Results reflected an improvement in net interest income and non-interest income.

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The company’s revenue for the quarter rose 3.1% to $2.34 billion from $2.27 billion last year. SunTrust Banks Inc. earnings at a glance: -Earnings (Q2): $697 Mln. vs. $505 Mln. last year.

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American Express Company AXP, +1.04% today reported second-quarter net income of $1.8 billion, up 9 percent from $1.6 billion a year ago. Diluted earnings per share was. from $7.1 billion a year.

 · CrowdStrike sees revenue growth of more than 100% year-over-year in first earnings report.. of $26 million in the first quarter of. has continued to rise since the company priced its shares.

SunTrust Reports First Quarter Earnings. For the quarter, reported return on average total assets (ROA) was 1.16%, and return on average total equity (roe) was 14.65%. Return on average assets less net unrealized gains on securities was 1.19% and return on average realized equity was 17.59% for the quarter.

1 day ago · The Chewy earnings report was for its fiscal first quarter ended May 5. Comparisons to Wall Street estimates were not available, due to the company being new to the stock market.

Welcome to the First Quarter Earnings Call. At this time, all participants are in a listen-only mode.. and welcome to SunTrust’s first quarter 2018 earnings conference call.. to CDs and we.

Are more borrowers really taking out non-agency reverse mortgages? Originators weigh in Also on the horizon are changes slated to take effect in the first quarter of 2015, namely a long-awaited financial assessment that will apply to all new reverse mortgage borrowers. The industry.