Revenue Growth Dulls Suntrust’s Energy Pain.

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  • Additional Information
    • Subject Terms:
      SUNTRUST Banks Inc. STI; SUNTRUST Robinson Humphrey Inc.
    • Abstract:
      The article reports that SunTrust Banks in Atlanta, Georgia has increased its revenue and earnings despite increased reserves for downgraded energy loans in the first quarter of 2015-16. Topics discussed include increase in mortgage servicing income offset by lower income from mortgage production; increase in spending on marketing and customer development by the bank; and increase in income from SunTrust Robinson Humphrey, investment banking arm of the bank.