SunTrust Banks (NYSE:STI) reported second quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.44 on revenue of $2.58B. Analysts polled by expected EPS of $1.45 on revenue of $2.39B. That compared to EPS of $1.49 on revenue of $2.32B in the same period a year earlier. The company had reported EPS of $1.24 on revenue of $2.33B in the previous quarter.
SunTrust Banks follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.51 on revenue of $28.84B.
Bank of America earnings beat analysts' expectations on Wednesday, with second quarter EPS of $0.74 on revenue of $23.08B. analysts expected EPS of $0.71 on revenue of $23.12B
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