Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
2,000,000
# of Visitors Per Month
 

Send Article via Email

REGISTERED USERS (Free!):
Can forward to 6 email addresses at a time. Register or Login

Registered users also get the additional advantage of Co-branded Emails and Landing Pages. Learn more about these features.

Your Name: 
Your Email: 
I want to forward this to
(Enter Email Address Below) :
Include a Personal Message (optional)

Please add 1 and 3 and type the answer here:
Leave this field blank.
Email Preview Below:
This feature is now 100% free. Learn More About Co-branded Email and our other Co-branded Services.
 
This email was sent to you by:
Harry Chriest |
Mortgage News Daily

Message:   YOUR MESSAGE HERE
Email alerts, such as this one, are a free service provided by Mortgage News Daily. If you would like to receive an alert when important news breaks please register to join our community.
SunTrust Banks earnings rise 20% on lower expenses
Posted to: Around The Web
Thursday, January 16, 2014 7:00 PM

Forward this email:  Send a copy of this story to someone you know that may want to read it.

SunTrust Banks Inc. said its fourth-quarter earnings rose 20% as a drop in the regional bank's expenses masked a decrease in revenue. The company has been cutting costs to offset slow loan growth and low interest rates. Noninterest expense dropped 8.8% from the year before to $1.38 billion, with a $96 million increase in the mortgage service advance reserve in the third quarter offsetting a $323 million impact on noninterest expenses coming from a mortgage settlement.


More from MND:

 

If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

 

More From MND

Mortgage Rates:
  • 30 Yr FRM 3.88%
  • |
  • 15 Yr FRM 3.11%
  • |
  • Jumbo 30 Year Fixed 3.71%
MBS Prices:
  • 30YR FNMA 4.5 108-22 (0-04)
  • |
  • 30YR FNMA 5.0 110-28 (0-01)
  • |
  • 30YR FNMA 5.5 111-31 (0-02)
Recent Housing Data:
  • Mortgage Apps 4.93%
  • |
  • Refinance Index 0.90%
  • |
  • FHFA Home Price Index 0.67%