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Stock impact report

Here's Why SunTrust Is Better Than You Think [Seeking Alpha]

Solidion Technology, Inc. (STI) 
Last solidion technology, inc. earnings: 10/17 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Summary SunTrust Banks (NYSE: STI ) has just released its Q4 earnings data and it appears to be a mixed bag of results. However, the outlook for this bank is better than it may first appear- both in terms of the Q4 results and the company's more macro outlook. Let's take a closer look. Breaking down the Q4 results In some respects, results are better than the market expected- EPS came in at $0.90, just topping consensus estimate of $0.88. On the other hand, PPE/ credit came in relatively flat with expectations and fees of $0.82 billion missed the $0.83 billion consensus completely. However, under the surface of these headline results lies some figures that should be more encouraging to investors than the initial figures would suggest. For a start, while fees did miss, the upcoming higher interest rates anticipated by the market should reverse the $9m quarter-on-quarter increase in cash flows experienced in Q4. Most importantly, it should be noted that net interest m Show less Read more
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