SunTrust Banks said its net income was helped by mortgage-related and investment banking income and beat Wall Street predictions.
January 18, 2013 at 12:00 AM
1 minute read
SunTrust Banks Inc. said Friday that its fourth-quarter net income soared, helped by mortgage-related and investment banking income.
The Atlanta-based regional bank earned $350 million, or 65 cents per share, for the last three months of 2012, up from $71 million, or 13 cents per share, in the same quarter a year ago.
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