Monday, April 23, 2012

S&P says Suntrust Banks rtgs unaffected by strong Q1 results

Standard & Poor's Ratings Services today said that its ratings and outlook on SunTrust Banks Inc. (BBB/Stable/A-2) are not affected by the company's strong first-quarter results, which were better than our expectations. SunTrust generated adjusted pretax income of $343 million in the first quarter, up significantly from $136 million in the fourth quarter of 2011.


http://www.reuters.com/article/2012/04/23/idUSWNA555220120423


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