Consumer and CRE loans rise at SunTrust.

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  • Additional Information
    • Subject Terms:
      SUNTRUST Banks Inc. STI
    • Abstract:
      The article reports a 38 percent increase in the net income of SunTrust Banks in Atlanta, Georgia to 722 million dollars in 2018. The profit increase was driven by consumer and commercial real estate lending. The bank also posted consumer growth driven by several factors that include its LightStream online-loan platform, an expansion of credit cards and partnerships with third-party lenders like GreenSky.