SunTrust's estimated Sept. 30 Basel I Tier 1 common equity ratio was 9.8%, increasing from 9.4% the previous quarter.
Bank of America Merrill Lynch analyst Erika Penala in November estimated that following the completion of the next round of
in March, SunTrust would be approved to increase its quarterly dividend from a nickel a share to 15 cents, while also repurchasing $565 million in common shares during 2013.
Interested in more on SunTrust? See TheStreet Ratings' report card for this stock.
Written by Philip van Doorn in Jupiter, Fla.