SunTrust Banks, Inc. STI Income Statement

Suntrust banks, inc. (STI)

Income statement / Quarterly

Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Interest Income
Interest and Fee Income, Loans and Leases Held-in-portfolio
1,708	1,721	1,697	1,635	1,549	1,476	1,398	1,376	1,382	1,338	1,289	1,269	1,245	1,222	1,203	1,161	1,139	1,115	1,091	1,153	1,152	1,161	1,151	1,159	1,148	1,157	1,169	1,215	1,257	1,263	1,300	1,310	1,296	1,299	1,314	1,335	1,330	1,318	1,317	1,349	1,370	1,397	1,412	1,688	1,715
Interest and fees on loans held for sale
21	15	13	34	22	24	21	30	24	21	24	30	25	18	19	17	20	23	22	16	30	17	15	17	30	29	31	27	29	31	25	22	21	22	28	35	36	33	33	41	57	72	61	64	72
Interest and Dividend Income, Securities, Operating, Available-for-sale
215	223	221	221	212	210	206	196	191	187	182	153	159	161	163	163	153	137	140	158	153	149	153	150	143	143	143	137	144	180	194	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxable interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	175	177	165	-	189	167	176	189	177	168	181	153	156
Tax-exempt interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	6	5	-	7	9	9	9	9	10	10	10	11
Dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	21	20	-	19	19	19	18	18	18	18	21	29
Interest on funds sold and securities purchased under agreements to resell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7	6
Interest on deposits in other banks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Trading account interest and other
61	62	56	54	51	49	43	39	38	37	33	40	22	23	26	22	21	22	19	22	18	19	17	17	18	18	16	17	15	18	15	14	21	21	22	23	23	24	20	23	23	26	43	71	74
Total interest income
2,005	2,021	1,987	1,944	1,834	1,759	1,668	1,641	1,635	1,583	1,528	1,492	1,451	1,424	1,411	1,363	1,333	1,297	1,272	1,349	1,353	1,346	1,336	1,343	1,339	1,347	1,359	1,396	1,445	1,492	1,534	1,543	1,538	1,546	1,554	1,595	1,604	1,570	1,574	1,629	1,657	1,693	1,729	2,017	2,066
Interest Expense
Interest Expense, Deposits
293	269	249	228	193	159	131	118	111	95	80	70	67	63	59	54	54	55	56	55	54	61	65	67	70	75	79	86	98	118	127	139	154	162	169	188	214	225	233	282	334	398	423	545	579
Interest Expense, Long-term Debt
150	150	125	123	95	83	74	72	76	70	70	69	68	64	59	57	60	67	68	72	74	66	58	54	52	53	51	55	66	90	88	102	110	113	124	129	138	154	159	161	175	193	229	273	274
Interest on trading liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	8	6	-	4	4	6	8	6
Interest on repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	1	-	1	2	2	31	35
Interest on other borrowings
52	67	69	47	34	29	22	17	18	15	12	10	8	9	11	6	8	8	8	10	10	10	9	9	9	8	8	9	10	10	8	8	11	12	12	40	3	3	3	31	2	3	5	11	13
Total interest expense
495	486	443	398	322	271	227	207	205	180	162	149	143	136	129	117	122	130	132	137	138	137	132	130	131	136	138	150	174	218	223	249	275	287	305	329	366	392	402	453	520	603	667	871	909
Interest Income (Expense), Net
1,510	1,535	1,544	1,546	1,512	1,488	1,441	1,434	1,430	1,403	1,366	1,343	1,308	1,288	1,282	1,246	1,211	1,167	1,140	1,212	1,215	1,209	1,204	1,213	1,208	1,211	1,221	1,246	1,271	1,274	1,311	1,294	1,263	1,259	1,249	1,266	1,238	1,178	1,172	1,176	1,137	1,089	1,062	1,146	1,156
Provision for Loan, Lease, and Other Losses
132	127	153	87	61	32	28	80	120	90	119	100	97	146	101	52	32	26	55	74	93	73	102	100	95	146	212	328	450	300	317	327	347	392	447	512	615	662	862	973	1,133	962	994	503	448
Interest Income (Expense), after Provision for Loan Loss
1,378	1,408	1,391	1,459	1,451	1,456	1,413	1,354	1,310	1,313	1,247	1,243	1,211	1,142	1,181	1,194	1,179	1,141	1,085	1,138	1,122	1,136	1,102	1,113	1,113	1,065	1,009	918	821	974	994	967	916	867	802	754	623	516	310	202	3	127	68	642	708
Noninterest Income
Service charges on deposit accounts
141	139	137	145	144	144	146	150	154	151	148	153	162	162	153	156	159	156	151	161	169	160	155	165	168	164	160	173	172	167	164	176	176	170	163	172	184	208	196	212	219	210	206	240	230
Other charges and fees
90	88	87	91	89	91	85	-	-	103	95	69	93	104	93	92	97	99	89	94	95	91	88	92	91	97	89	97	97	111	97	29	130	130	126	135	137	133	129	137	133	127	124	128	129
Card fees
83	82	82	83	75	85	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains (Losses) on Sales of Other Real Estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8	-30	-52	-50	-69	-62	-64	-69	-89	-78	-87	-46	-62	-88	-49	-44	-32	-24
Investment Advisory Fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60	62	59	-	58	59	58	58	52	48	47	54	51	55	56	72	73
Gains (Losses) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-13	-	-	1	1	-	-4	-12	-63	9	-23	-2	-38	25	0	0
Investment Banking Revenue
159	142	130	147	150	169	133	140	169	147	167	144	147	126	98	104	115	145	97	109	88	119	88	96	99	93	68	113	83	75	71	87	68	95	67	103	96	58	56	60	75	77	59	62	60
Trading Gain (Loss)
29	55	60	24	42	53	42	41	51	46	51	57	65	34	55	41	31	54	55	40	46	47	49	58	33	49	42	65	19	70	57	77	66	53	52	93	-22	109	-7	-31	-86	-30	107	121	-49
Professional Fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	-	-	-	-	-	15	-	-	-	36	-	34	-	-	-	-	-	-	-	-	-	-	-	-
Other Staff Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41	-	-	-	18	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Intangible Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	12	11	-	13	13	13	12	13	13	767	18	64
Mortgage reinsurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	24	70	47	24
Gain (Loss) Related to Litigation Settlement
5	205	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-	-20	0
Mortgage Related Income
106	86	100	86	83	83	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust and investment management income
78	73	71	74	80	75	75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retail investment services
76	75	69	73	74	73	72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Real Estate Related Income
32	50	24	69	24	18	23	62	17	24	20	34	8	10	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt and Equity Securities, Gain (Loss)
4	-42	0	0	0	0	1	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fees and Commissions, Mortgage Banking and Servicing
-	-	-	-	-	-	-	-	46	76	75	-	80	75	75	80	86	84	84	84	93	116	130	131	133	130	124	-	-	130	130	127	134	135	135	130	124	127	122	134	118	117	116	147	157
Investment Advisory, Management and Administrative Fees
-	-	-	-	-	-	-	-	-	70	68	-	71	72	69	71	77	80	72	74	76	76	71	69	68	69	61	-	127	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fees and Commissions, Mortgage Banking
-	-	-	-	-	-	-	-	-	56	53	-	118	111	60	53	58	76	83	61	45	52	43	32	-10	133	159	241	-64	103	63	-62	54	4	-1	41	133	-16	-31	-68	28	165	250	50	63
Servicing Fees, Net
-	-	-	-	-	-	-	-	-	44	58	-	49	52	62	56	40	30	43	53	44	45	54	37	11	1	38	45	64	70	81	22	58	72	72	68	132	88	70	46	60	139	83	62	32
Gain (Loss) on Disposition of Property Plant Equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	105	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Securities, Net
-	-	-	-	-	-	-	-	-	1	0	-	0	4	0	0	7	14	0	-4	-9	-1	-1	0	0	0	2	1	1,941	14	18	19	2	32	64	64	69	57	1	72	46	-24	3	173	549
Noninterest Income, Other Operating Income
40	72	24	27	21	38	48	26	25	22	30	81	13	13	21	-25	58	52	63	42	52	65	38	54	10	44	44	17	-31	53	57	39	53	57	47	69	46	46	28	37	46	41	38	66	56
Gain from ownership in Visa
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	112	-	0	0
Net gain on sale of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81	29
Net gain on sale/leaseback of premises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Noninterest Income
843	1,025	784	819	782	829	796	834	846	827	847	815	889	898	781	766	811	874	817	795	780	957	791	813	680	858	863	1,015	2,542	940	876	723	903	912	883	1,032	1,047	952	698	742	775	1,071	1,121	1,285	1,413
Noninterest Expense
Employee compensation
744	728	676	738	719	714	707	702	725	710	717	703	687	669	639	649	641	653	633	609	649	659	659	631	611	635	611	627	670	654	652	596	642	638	618	635	597	575	557	574	541	569	573	596	607
Other Labor-related Expenses
97	100	148	120	76	88	146	101	81	86	135	58	86	94	135	41	84	103	138	60	81	104	141	92	71	102	148	111	110	108	145	28	108	110	136	103	112	107	135	119	124	134	163	100	104
Outside processing and software
241	241	238	242	234	227	206	214	203	204	205	209	225	202	198	222	200	204	189	206	184	181	170	191	190	187	178	183	171	180	176	169	164	162	158	174	157	158	149	148	146	145	138	132	107
Charitable contribution to the SunTrust Foundation
0	205	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net occupancy expense
102	102	102	102	86	90	94	97	94	94	92	93	93	78	85	86	86	85	84	87	84	83	86	87	86	86	89	91	92	88	88	88	90	89	89	88	92	90	91	91	90	87	87	88	85
Merger-Related Costs
22	8	45	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing and Advertising Expense
44	46	41	49	45	40	41	103	45	42	42	52	38	38	44	48	42	34	27	44	35	30	25	40	34	31	30	50	75	32	27	59	41	46	38	56	43	44	34	48	38	30	34	217	47
Equipment Expense
36	36	42	42	40	44	40	42	40	43	39	44	44	42	40	41	41	42	40	42	41	42	44	45	45	46	45	48	49	46	45	46	44	44	44	46	45	42	41	43	41	43	43	51	50
Federal Deposit Insurance Corporation Premium Expense
17	17	19	7	39	39	41	43	47	49	48	46	47	44	36	35	32	35	37	33	29	40	40	41	45	41	54	54	67	60	52	-	80	-	-	-	-	-	-	-	-	-	-	-	-
Operating losses
23	14	22	38	18	17	6	23	-34	19	32	24	35	25	24	23	3	16	14	173	29	218	21	42	350	72	39	77	71	69	60	216	72	62	27	26	27	16	14	25	18	32	22	135	44
Regulatory assessments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81	71	-	67	65	64	60	45	148	47	19	10
Credit and collection services
-	-	-	-	-	-	-	-	-	-	-	-	-	18	-	-	8	25	-	25	21	23	22	40	139	52	33	57	65	61	56	93	71	60	51	70	69	66	74	75	69	66	47	50	33
Amortization
21	17	15	22	19	17	15	25	22	15	13	14	14	11	10	17	9	7	7	11	7	4	3	5	6	6	6	7	17	11	11	-	11	-	-	-	-	-	-	-	-	-	-	-	-
Other Noninterest Expense
127	124	141	8	108	114	121	-22	168	126	142	11	140	124	107	21	118	124	111	65	83	133	146	162	153	129	105	69	266	172	143	159	124	175	153	92	187	177	152	279	198	136	137	154	168
Noninterest Expense
1,474	1,638	1,489	1,482	1,384	1,390	1,417	1,520	1,391	1,388	1,465	1,396	1,409	1,345	1,318	1,288	1,264	1,328	1,280	1,410	1,259	1,517	1,357	1,361	1,730	1,387	1,353	1,471	1,726	1,546	1,541	1,667	1,560	1,542	1,465	1,548	1,499	1,503	1,361	1,453	1,428	1,527	2,152	1,665	1,375
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest
747	795	686	796	849	895	792	668	765	752	629	662	691	695	644	672	726	687	622	523	643	576	536	565	63	536	519	462	1,637	368	329	23	259	237	220	238	171	-35	-353	-508	-650	-328	-962	262	746
Income Tax Expense (Benefit)
122	105	104	135	95	171	147	-74	225	222	159	194	215	201	195	184	187	202	191	128	67	173	125	138	-133	156	161	101	551	91	69	-57	45	58	33	45	14	-50	-194	-262	-336	-148	-150	-52	202
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
625	690	582	661	754	724	645	742	540	530	470	468	476	494	449	488	539	485	431	395	576	403	411	427	196	380	358	361	1,086	277	260	80	214	179	187	193	157	15	-159	-245	-314	-179	-812	315	543
Net Income (Loss) Attributable to Noncontrolling Interest
2	2	2	3	2	2	2	3	2	2	2	3	2	2	2	4	2	2	2	1	0	4	6	1	7	3	6	5	9	2	10	6	-1	1	7	8	4	3	2	2	2	3	3	2	3
Net Income (Loss) Attributable to Parent
623	688	580	658	752	722	643	739	538	528	468	465	474	492	447	484	537	483	429	394	576	399	405	426	189	377	352	356	1,077	275	250	74	215	178	180	185	153	12	-161	-248	-316	-183	-815	312	540
Preferred Stock Dividends and Other Adjustments
26	25	26	25	26	25	31	-	26	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Available to Common Stockholders, Basic
597	663	554	633	726	697	612	711	512	505	451	449	457	475	430	466	519	467	411	379	563	387	393	413	179	365	340	350	1,066	270	245	72	211	174	38	114	84	-56	-229	-316	-377	-164	-875	304	529
Net income/(loss) per average common share
Earnings Per Share, Diluted
1.34	1.48	1.24	1.40	1.56	1.49	1.29	1.47	1.06	1.03	0.91	0.91	0.91	0.94	0.84	0.91	1.00	0.89	0.78	0.72	1.06	0.72	0.73	0.77	0.33	0.68	0.63	0.65	1.98	0.50	0.46	0.14	0.39	0.33	0.08	0.22	0.17	-0.11	-0.46	-0.32	-0.76	-0.41	-2.49	0.87	1.52
Earnings Per Share, Basic
1.35	1.49	1.25	1.40	1.58	1.50	1.31	1.49	1.07	1.05	0.92	0.91	0.92	0.95	0.85	0.92	1.01	0.90	0.79	0.72	1.07	0.73	0.74	0.78	0.33	0.68	0.64	0.66	1.99	0.51	0.46	0.13	0.40	0.33	0.08	0.22	0.17	-0.11	-0.46	-0.32	-0.76	-0.41	-2.49	0.87	1.52
Common Stock, Dividends, Per Share, Declared
0.56	0.50	0.50	0.50	0.50	0.40	0.40	0.40	0.40	0.26	0.26	0.26	0.26	0.24	0.24	0.24	0.24	0.24	0.20	0.20	0.20	0.20	0.10	0.10	0.10	0.10	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.10	0.10	0.77	0.77
Weighted Average Number of Shares Outstanding, Diluted
447	446	446	452	464	469	473	480	483	488	496	497	500	505	509	514	519	522	527	527	533	535	536	537	538	539	540	539	538	537	536	536	535	535	503	499	498	498	498	501	494	400	351	350	349
Weighted Average Number of Shares Outstanding, Basic
444	443	443	449	460	465	468	473	478	482	490	491	496	501	505	508	513	517	521	521	527	529	531	532	533	535	536	535	534	533	533	532	531	531	499	495	495	495	495	495	494	399	351	349	348
Amortization Method Qualified Affordable Housing Project Investments, Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial Service, Other [Member]
Revenues
-	-	-	-	-	-	-	-	89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit and Debit Card [Member]
Revenues
83	82	82	83	75	85	81	89	86	87	82	83	83	83	78	82	83	84	80	81	81	82	76	79	77	78	76	78	74	85	79	154	104	105	100	99	96	94	87	85	82	80	75	78	78
Fiduciary and Trust [Member]
Revenues
-	-	-	-	-	-	-	-	79	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment Advisory, Management and Administrative Service [Member]
Revenues
-	-	-	-	-	-	-	-	69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Banking [Member]
Revenues
-	-	-	-	-	-	-	-	61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-