NEW YORK (TheStreet) -- Suntrust Banks shares are up 0.56% to $41.64 in early market trading on Monday after the bank reported first quarter financial results before the opening bell today that topped analysts' expectations for the period.The Atlanta, GA-based bank reported first quarter earnings of $429 million, or 78 cents per share, topping analysts' expectations of 72 cents per share by six cents. However, revenue for the period fell by 2% to $1.99 billion, causing the bank to miss analysts' forecast of $2.1 billion in revenue for the period.Mortgage product-related income was a bright spot for the company during the period, nearly doubling to $83 million from $43 million during the same period last year. TheStreet Ratings team rates SUNTRUST BANKS INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation: "We rate SUNTRUST BANKS INC (STI) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow." Highlights from the analysis by TheStreet Ratings Team goes as follows: You can view the full analysis from the report here: STI Ratings Report STI data by YCharts Must Read: Warren Buffett's Top 25 Stocks for 2015
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