WASHINGTON (dpa-AFX) - SunTrust Banks Inc. (STI) reported that its third-quarter 2014 net income available to common shareholders rose to $563 million or $1.06 per share, from $179 million or $0.33 per share in the comparable quarter last year. Excluding certain items, earnings per share for the quarter were $0.81 compared to $0.66 last year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue grew to $2.03 billion from $1.92 billion in the year ago quarter. Wall Street analysts had a consensus revenue estimate of $2.07 billion for the quarter.
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