SunTrust's shares trade for 1.1 times their reported Sept. 30 tangible book value of $25.72, and for 10.74 times the consensus 2013 earnings estimate of $2.69 a share, among analysts polled by Thomson Reuters. The consensus 2014 EPS estimate is $2.97. The company will announce its fourth-quarter results on Jan. 18, with analysts expecting a profit of 61 cents a share, declining from $1.98 in the third quarter, but increasing from 13 cents in the fourth quarter of 2011. Both prior periods reflected one-time items. During the third quarter, SunTrust strengthened its balance sheet by selling its holdings of Coca-Cola ( KO) shares, for a pre-tax gain of $1.9 billion. SunTrust also reported a $371 million provision for mortgage repurchase claims during the third quarter, saying that the move had boosted its putback reserves "to a level that is expected to cover the estimated losses on loans sold to Government Sponsored Enterprises (GSEs) prior to 2009." The fourth-quarter 2011 results reflected an elevated mortgage putback provision, as well as a negative mortgage servicing rights valuation adjustment, in light of the expected effect of the expanded Home Mortgage Refinance Program, or HARP 2.0.