About SunTrust Bank
SunTrust Bank is a company based in Atlanta (United States) founded in 1891. The company has 22,776 employees as of December 31, 2019. SunTrust Bank has completed 4 acquisitions, including CSI Capital Management, FirstAgain and Jones & Frank. SunTrust Bank offers products and services including Truist One Checking, Truist One Savings, Truist Enjoy Cash Credit Card, and Home Equity Line of Credit. SunTrust Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Atlanta, United States
- Employees 22776 as on 31 Dec, 2019
- Stage Public
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Suntrust Banks, Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Latest Funding Round
$3.7 M (USD), Post-IPO
Dec 14, 2016
- Investors
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Employee Count
22776
as on Dec 31, 2019
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Investments & Acquisitions
CSI Capital Management
& 3 more
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Products & Services of SunTrust Bank
SunTrust Bank offers a comprehensive portfolio of products and services, including Truist One Checking, Truist One Savings, Truist Enjoy Cash Credit Card, and Home Equity Line of Credit.
Checking account with no overdraft fees and practical perks.
Savings option with competitive rates and easy access.
Credit card offering cash back on purchases.
Loan using home equity for expenses or investments.
People of SunTrust Bank
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Leadership Team
233 people
Software Development Team
228 people
Finance and Accounting
43 people
Data Analysis and Operations Team
24 people
Legal and Compliance
22 people
Product Management Team
19 people
Senior Team
19 people
Operations Team
17 people
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Funding Insights of SunTrust Bank
Investors in SunTrust Bank
SunTrust Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include U.S. Department of the Treasury.
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The U.S. Department of the Treasury is tasked with formulating and implementing fiscal policy for the United States government.
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Investor details for SunTrust Bank
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by SunTrust Bank
SunTrust Bank has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CSI Capital Management, FirstAgain and Jones & Frank.
Investment portfolio details for SunTrust Bank
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Home loans provider
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Unsecured personal loans are provided via an online lending platform.
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Financial planning, investment, and wealth management services are provided.
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Locked | Locked | 1978 | Locked |
Complete acquisition details for SunTrust Bank
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - SunTrust Bank
Detailed financials for SunTrust Bank
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Suntrust Bank Comparisons
Peer comparison for SunTrust Bank
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of SunTrust Bank
SunTrust Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others.
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Wealth advisory and banking services are offered to clients.
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Global banking, investment, and wealth management services are offered worldwide.
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Commercial banking services are provided to businesses and individuals.
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Diversified financial services are offered through commercial banking operations.
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Regional bank
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Diversified financial services are offered through commercial banking operations.
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Detailed competitors of SunTrust Bank
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- Domains and locations
- Full company profiles
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Latest news on Suntrust Bank
Complete news archive for SunTrust Bank
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about SunTrust Bank
SunTrust Bank was founded in 1891 and raised its 1st funding round 117 years after it was founded.
SunTrust Bank is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Bill Rogers is the current CEO of SunTrust Bank.
As of Dec 31, 2019, the latest employee count at SunTrust Bank is 22,776.
SunTrust Bank was founded in 1891 in Atlanta, United States, and operates as a commercial bank in the financial sector. Personal banking, credit cards, loans, mortgages, small business support, investing, retirement planning, wealth management, and corporate services are provided to individual and business clients. Annual revenues of 10.43 billion and net profit of 2.77 billion were recorded in 2018.
SunTrust Bank offers Truist One Checking, Truist One Savings, Truist Enjoy Cash Credit Card, and Home Equity Line of Credit.
SunTrust Bank has made 4 acquisitions, including CSI Capital Management, FirstAgain, and Jones & Frank.
SunTrust Bank has 1 investor. Key investors include U.S. Department of the Treasury.