** charts before earnings **
** charts after earnings **
SunTrust Banks beats by $0.04, reports revs in-line :
- Reports Q4 (Dec) earnings of $0.91 per share, $0.04 better than the Capital IQ Consensus of $0.87; revenues rose 0.1% year/year to $2.05 bln vs the $2.06 bln Capital IQ Consensus.
- Net interest margin: 2.98% vs 2.94% in Q3
- Provision for credit losses increased due to a modest increase in net charge-offs.
- During the quarter, the Company repurchased $214 million of common stock.
Capital
- Estimated capital ratios continue to be well above regulatory requirements. The Common Equity Tier 1 and Tier 1 capital ratios were estimated to be 9.8% and 10.6%, respectively, as of December 31, 2015, on a fully phased-in basis.
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