(Reuters) - NEW YORK, July 19 - SunTrust Banks Inc. , the seventh-largest U.S. bank, posted better-than-expected quarterly profit on Thursday, helped by cost cutting and a gain from selling a portion of its Coca-Cola Co. stock holdings.
Second-quarter net income for the Atlanta-based company was $673.9 million, or $1.89 a share, up from $544 million, or $1.49 per share, a year earlier.
Read more at Reuters.com Bonds News
Second-quarter net income for the Atlanta-based company was $673.9 million, or $1.89 a share, up from $544 million, or $1.49 per share, a year earlier.
Read more at Reuters.com Bonds News
No comments:
Post a Comment