SunTrust Banks (NYSE:STI) reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.33 on revenue of $2.35B. Analysts polled by forecast EPS of $1.31 on revenue of $2.33B. That compared to EPS of $1.29 on revenue of $2.24B in the same period a year earlier. The company had reported EPS of $1.4 on revenue of $2.37B in the previous quarter.
SunTrust Banks follows other major Financial sector earnings this month
On April 12, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Bank of America earnings Beat analysts' expectations on Tuesday, with first quarter EPS of $0.7 on revenue of $23B. analysts expected EPS of $0.66 on revenue of $23.2B
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