About SunTrust Bank
SunTrust Bank is a publicly listed company based in Atlanta (United States) founded in 1891. Commercial banking services are offered to individuals and businesses. The company has 22,776 employees. SunTrust Bank has completed 4 acquisitions, including CSI Capital Management, FirstAgain and Jones & Frank. Its chief executive, as recorded, is Bill Rogers. Its website suntrust.com draws about 16 thousand monthly visits. SunTrust Bank offers products and services including Truist One Checking, Truist One Savings, Truist Enjoy Cash Credit Card, and Home Equity Line of Credit. Its focus areas include Banks and Commercial Banks. Its legal entity is SUNTRUST BANKS, INC. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Atlanta, United States
- Employees 22,776
- Stage Public
- SectorsFinancial Services
- Phone•••• ••••
- Website suntrust.com
- Social LinkedIn X Facebook YouTube
- Legal Name Suntrust Banks, Inc.
- Latest Funding Round$3.7M (USD), Post-IPO
Dec 2016
- Investors
- Employee Count22,776
- Investments & AcquisitionsCSI Capital Management
& 3 more
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.
Apps and channels of SunTrust Bank
SunTrust Bank publishes 1 mobile app.
Funding Insights of SunTrust Bank
- Total Rounds 4
- Last Round Post-IPO — $3.7M
- First Round $155,081
(Jul 2008)
- Investors Count 1
All 4 funding rounds of SunTrust Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2016 | $3.7M | Post-IPO | – | – | – |
| Dec 2015 | $6.93M | Post-IPO | – | – | – |
| Dec 2014 | $6.04M | Post-IPO | – | – | – |
| Jul 2008 | $155,081 | Grant | – | – |
1 investors in total: 1 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
The U.S. Department of the Treasury is tasked with formulating and implementing fiscal policy for the United States government. | 1789 | treasury.gov |
Investor details for SunTrust Bank
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SunTrust Bank
734 people are tracked at SunTrust Bank (429 in leadership, 14 in board & advisors, 291 in team); the tracked headcount is 22,776.
| Name | Role | Group |
|---|---|---|
Bill Rogers | CEO & Chairman | Leadership |
Rohit Makhijani | Senior Vice President At Truist Ventures | Leadership |
Fredrick Brewer | Senior Vice President, Enterprise Technology Business Unit Risk Advisor | Leadership |
Joshua W. Derryberry | Senior Vice President, Middle TN Market President | Leadership |
Neeraj Khanna | Head Of Enterprise Global Services Strategy & Enablement | Leadership |
Satyan Melwani | Head Of Consumer Payment Products | Leadership |
Sandeep Sethi | Vice President/portfolio Manager - Team Lead | Leadership |
Tim Bruckhart | VP | Commercial Credit Underwriter & Portfolio Manager | Leadership |
Thomas P. Hackett | Chairman & CEO, Truist Securities | Leadership |
Scott Stanzel | EVP, Chief Communications Officer | Leadership |
Hugh S. Cummins III | Vice Chair & COO | Leadership |
Jeremy Faust | Senior Vice President & Premium Finance Chief Credit Officer | Leadership |
Fadie Itayem | Head Of Enterprise Finance & Executive Vice President | Leadership |
Alexander Fulton | Vice President | Leadership |
Sadiq Punjani | Head Of SEO | Leadership |
Beth Ventura | Chief Brand And Advertising Officer, Head Of Truist Creative Agency | Leadership |
Rodney Wilson | Vice President, Digital Marketing | Leadership |
Scott Proper | Senior Vice President | Leadership |
Mike Maguire | CFO | Leadership |
Brad Bender | Chief Risk Officer | Leadership |
714 more people are available in the full profile.
Complete people profiles for SunTrust Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Home loans provider | pillarfinance.com | New York, United States | 2010 | Oct 2016 | •••• | |
Unsecured personal loans are provided via an online lending platform. | firstagain.com | San Diego, United States | 2005 | Jan 2012 | •••• | |
Financial planning, investment, and wealth management services are provided. | csicapital.com | San Francisco, United States | 1978 | May 2011 | •••• | |
Fuel and fluid handling system solutions are provided comprehensively. | jones-frank.com | Norfolk, United States | 1945 | Dec 2009 | •••• |
Complete acquisition details for SunTrust Bank
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of SunTrust Bank
8 dated milestones of SunTrust Bank across 125 years, from founding to its latest funding, stage changes and deals.
- Founded SunTrust Bank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $155K.
- Acquisition Acquires Jones & Frank.
- Acquisition Acquires CSI Capital Management.
- Acquisition Acquires FirstAgain.
- Acquisition Acquires Pillar Financial.
- Funding Latest funding round, Post-IPO, of $3.7M.
Competitors of SunTrust Bank
SunTrust Bank has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. | ||
| citigroup.com | 1812 | New York, United States | 500 | Diversified financial services are offered through commercial banking operations. |
Detailed competitors of SunTrust Bank
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- Full competitor set
- Operating metrics
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- Competitive positioning
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Web traffic of SunTrust Bank
The website of SunTrust Bank (suntrust.com) receives about 16.5K visits a month.
- Monthly visits16.5K
▼ 23.7% vs previous month
Websites whose visitors overlap most with SunTrust Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bankofamerica.com | 100% | 113.9M | #258 | View details | |
| wellsfargo.com | 100% | 104.9M | #241 | View details | |
bbt.com | bbt.com | 100% | #369,371 | – | |
home.ingdirect.com | home.ingdirect.com | 99% | – | ||
| capitalone.com | 97% | 148.4M | #178 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for SunTrust Bank
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- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Suntrust Bank
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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 CEO of SunTrust Bank, as recorded in our data.
SunTrust Bank has 22,776 employees.
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's top competitors include Truist, Citi and Equity Bank.
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.
SunTrust Bank operates through Suntrust Banks, Inc..
Yes. SunTrust Bank publishes Truist Mobile.