SunTrust Banks Inc. (STI)

All Comments on STI

  • commenter
    hendi_alex
    Jun 25 10:22 AM
    My Website
    U.S. Bank Dividend Yields Revisited [view article]
    I like BAC and have been considering taking a position in this beaten down financial giant. Regardless of a dividend cut or not, would consider the stock to be a great long term investement. But shorter term, related to the timing of an entry, does anyone have a concern over the POR of the bank. Yahoo shows the payout ratio as 104%. The dividend is 64 cents per quarter, and earnings.com shows earning of Q2 2007 through Q1 2008 as $1.28, .82, .05, .23. I'm wondering how much of those earnings are related to write downs that may have nothing to do with short term cash flow. Am also thinking that much of those 100% writedowns will not really be 100% losses and in the next year or two will be added back to the books. Finally, I would think that as soon as write downs are history, the earnings number will immediate rebound to a decent level. Anyone have a guess as to the likelihood of a dividend cut for BAC. It would seem that shortly after such a cut may be the best time to initiate a postition in the bank. Reply
  • commenter
    Dee Trooth
    Jun 25 09:56 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Evaluating the accuracy of the article reveals that the author's research was good and probably perfect at the time is was done. My update using, Yahoo Finaace, for, June 24, yields the following, 9 Div. Ylds. are the Same;10 Div. Ylds. are Higher; 6 Div. Ylds. are Lower. The lower yielders are, C, WB, WM, NCC, FITB, HBAN. My thanks to, The Sun and Seeking Alpha. Reply
  • commenter
    sharksm
    Jun 25 09:50 AM
    My Website
    U.S. Bank Dividend Yields Revisited [view article]
    I've owned 6,000 shares of BAC for many years. By buying Countrywide, Ken Lewis has risked the credibility of what , in my opinion was the best bank. If he is able to make this buy a success and not cut the dividend, I will apologize, but if the dividend is cut, that s.o.b. should get thrown out on his ass, without a parachute! Reply
  • commenter
    william
    taylor
    Jun 25 09:22 AM
    U.S. Bank Dividend Yields Revisited [view article]
    I have had a large investment in BAC for many years and recently bought more. I re invest all my dividends and the compounding is considerable. I figure if BAC goes to Hell then the whole country is doomed. I am in for life. Reply
  • commenter
    hendi_alex
    Jun 25 08:17 AM
    My Website
    U.S. Bank Dividend Yields Revisited [view article]
    It may be worth noting that during this past year that both USB and BBT have increased yields not only via share price drop but also because of increasing their distribution level. USB raised its quarterly dividend from 40 cents to 42.5 cents per share for its January payment. BBT just announced a dividend increase from 46 cents to 47 cents per quarter, with its August first payment. For USB, the dividend represents a POR of 68.6% vs. Q1 earnings of 62 cents. For BBT the dividend represents a POR of 64% vs. Q1 earnings. IMO it is premature to say whether the earnings have stablilized yet for either of these banks, but there is a nice margin of safety supporting the current dividend levels. Further these companies, IMO, would not be raising distribution levels if they anticipated any likelihood of a dividend cut in the next year.

    Note: I own shares of USB, BBT, and IAT, consider each to represent value at current prices and am accumulating in small incremental purchases.     Reply
  • commenter
    nxs_uno
    Jun 25 07:42 AM
    U.S. Bank Dividend Yields Revisited [view article]
    National City 20%? Why waste my time looking at his data if it is not correct? Good Lord, if he wants credibility, he needs to do some timely research into his facts. FITB just reduced their dividend for next Q. Lot of inaccuracy on this chart. Reply
  • commenter
    EE
    Jun 25 07:18 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Then there's inflation at an admitted 4% but really double that and soon to be triple. My $ are in very small new firms having global footprints about to be profitable or there,and huge growth in their headlights. Talking resources, silver, molly, copper, oil, gas, gold, water, technology. They are all beaten down to wonderful levels. I figure sooner or later, folks will bale the big stocks and look for places with large earnings growth track records and potential even if they are less than $5 stocks now. Dividends in hyper inflation mean nothing unless it is a stock dividend in a fast growing firm that is under valued. I'd give examples but then some would suggest I'm hyping a poor stock I trying to unload. It is OTC time! Reply
  • commenter
    EE
    Jun 25 06:46 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Even after the war is over (2010-2011) their earning power will be greatly reduced, and after some unpredictable knee jerk up action they probably will stagnate for a long time under reform rules or practice. This is dead and dying $. Reply
  • commenter
    Dan Walker
    Jun 25 06:29 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Don't you think it prudent to wait until the shooting stops before you start picking up causalities? Reply
  • commenter
    Stockguy456
    Jun 24 09:54 PM
    My Website
    JP Morgan Offer for Wachovia Makes Sense [view article]
    I agree Suntrust would be better Reply
  • commenter
    buyitcheap
    Jun 24 07:03 PM
    Subprime Not Over For Banks [Housing Tracker [view article]
    Many of these banks have standby facilities with their clients who have the VRDOs outstanding. What will happen to the banks balance sheets when their clients start to use the facilities to "guaranty" their VRDOs to stabilize their rates?


     Reply
  • commenter
    charlottemom
    Jun 24 02:41 PM
    JP Morgan Offer for Wachovia Makes Sense [view article]
    Think SunTrust is the better buy. Isn't as big as Wachovia in SE, but doesn't have a "Golden West" problem. Reply
  • commenter
    fatcat
    Jun 24 01:14 PM
    JP Morgan Offer for Wachovia Makes Sense [view article]
    Nobody else believes it either,Tom..I held the 20 call for a day,the stock moved a dollar and the option only moved 10c.... Reply
  • commenter
    tom123
    Jun 24 01:05 PM
    JP Morgan Offer for Wachovia Makes Sense [view article]
    There is no way the WB/JPM deal goes through. JPM has its hands busy with the Bear consolidation and generating business in an increasingly difficult market. I do not think it will be willing to undertake the headache of tailoring and executing the WB deal. HSBC, Santander or even Barclays is in better position to digest the bank. Reply
  • commenter
    fatcat
    Jun 24 12:57 PM
    JP Morgan Offer for Wachovia Makes Sense [view article]
    sold my wb calls for a small profit and picked up mer puts.That probably means there will be an offer for wb,since i tend to be a contra-indicator! Reply

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