More on Paul Miller's upgrade of SunTrust (NYSE:STI): Long on the sidelines because of worries about mortgage repurchase demands from the GSEs, FBR now believes the bank has turned the corner. Total provisions should be just $892M this year and $600M in 2014 vs. $1.4B in 2012. As for operations, FBR notes management's confidence in mortgage and investment banking growth will come against a far lighter expense base.
More on Paul Miller's upgrade of SunTrust (NYSE:STI): Long on the sidelines because of worries...
Recommended For You
More Trending News
About STI Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
STI | - | - |
Solidion Technology Inc. |