8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 19, 2018

SunTrust Banks, Inc.

__________________________________________

(Exact name of registrant as specified in its charter)

Georgia	001-08918	58-1575035
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
303 Peachtree Street, N.E., Atlanta, Georgia		30308
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code (800) 786-8787

	Not Applicable
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02 Results of Operations and Financial Condition.

Item 7.01 Regulation FD.

On October 19, 2018, SunTrust Banks, Inc. (the “Registrant”) announced financial results for the period ended September 30, 2018. A copy of the news release announcing such results is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The Registrant intends to hold an investor call and webcast to discuss these results on October 19, 2018, at 8:00 a.m. Eastern time. Additional presentation materials relating to such call are furnished hereto as Exhibit 99.2 and are incorporated herein by reference.

The foregoing information is furnished pursuant to Item 2.02, “Results of Operations and Financial Condition,” and Item 7.01, “Regulation FD.” Consequently, it is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. It may only be incorporated by reference into another filing under the Exchange Act or Securities Act of 1933 if such subsequent filing specifically references this Form 8-K. All information in the news release and presentation materials speak as of the date thereof and the Registrant does not assume any obligation to update said information in the future. In addition, the Registrant disclaims any inference regarding the materiality of such information which otherwise may arise as a result of its furnishing such information under Item 2.02 or Item 7.01 of this report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 News release dated October 19, 2018 (furnished with the Commission as a part of this Form 8-K).

99.2 Presentation slides dated October 19, 2018 (furnished with the Commission as a part of this Form 8-K).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

		SUNTRUST BANKS, INC.
		(Registrant)
Date:	October 19, 2018	By: /s/ R. Ryan Richards
		R. Ryan Richards, Senior Vice President and Controller

EX-99.1

Exhibit 99.1

News Release

Contact:
Investors	Media
Ankur Vyas	Mike McCoy
(404) 827-6714	(404) 588-7230

For Immediate Release

October 19, 2018

SunTrust Reports Third Quarter 2018 Results

Continued Efficiency Improvements, Strong Credit Quality, Higher Capital Return,

and Favorable Operating Environment Drive 47% Year-over-Year EPS Growth

ATLANTA -- SunTrust Banks, Inc. (NYSE: STI) reported net income available to common shareholders of $726 million, or $1.56 per average common diluted share. These results include $0.14 per share of discrete tax benefits driven by the finalization of the impact of tax reform on the Company and the consolidation of SunTrust Mortgage into SunTrust Bank, which was completed in the third quarter.

Diluted earnings per share increased 5% sequentially and 47% year-over-year. For the nine months ended September 30, 2018, earnings per share was $4.34, up 45% year-over-year.

“Our performance this quarter provides further validation of our successful execution against the Company’s key strategies. Our focus on efficiency continues to drive good results, with the year-to-date tangible efficiency ratio improving by 150 basis points. Additionally, our commitment to investing in growth to meet more client needs is driving good loan growth which helped offset lower noninterest income,” said William H. Rogers, Jr., chairman and CEO of SunTrust Banks, Inc. “We have revenue momentum going into the fourth quarter of the year, and 2018 is on track to be the seventh consecutive year of growth in earnings per share, improved efficiency, and higher capital returns.”

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ThirdQuarter2018Financial Highlights

(Commentary is on a fully taxable-equivalent basis unless otherwise noted. Consistent with SEC guidance in Industry Guide 3 that contemplates the calculation of tax-exempt income on a tax equivalent basis, net interest income, net interest margin, total revenue, and efficiency ratios are provided on a fully taxable-equivalent basis, which generally assumes a 21% marginal federal tax rate for all periods beginning on or after January 1, 2018 and 35% for all periods prior to January 1, 2018, as well as state income taxes, where applicable. We provide unadjusted amounts in the table on page 3 of this news release and detailed reconciliations and additional information in Appendix A on pages 22 and 23.)

Income Statement

• Net income available to common shareholders was $726 million, or $1.56 per average common diluted share, compared to $1.49 for the prior quarter and $1.06 for the third quarter of 2017.

◦ The current quarter included $0.14 per average common share of discrete tax benefits.

• Total revenue was down 1% sequentially and stable year-over-year. The sequential decrease was driven by lower noninterest income, which was partially offset by higher net interest income as a result of growth in earning assets.

• Net interest margin was 3.27% in the current quarter, down 1 basis point sequentially and up 12 basis points compared to the prior year. The sequential decline was driven by higher funding costs (largely driven by increased wholesale funding), which offset the benefits of higher benchmark interest rates. The year-over-year increase was driven primarily by higher benchmark interest rates in addition to positive mix shift in the loans held for investment ("LHFI") portfolio, offset partially by higher funding costs.

• Provision for credit losses increased $29 million sequentially and decreased $59 million year-over-year. The sequential increase was driven primarily by a lesser decline in the allowance for loan and lease losses ("ALLL") and higher net charge-offs on commercial loans, while the year-over-year decrease was driven by elevated hurricane-related reserves in the third quarter of 2017.

• Noninterest expense decreased slightly both sequentially and year-over-year. The decreases were driven primarily by lower employee compensation and benefits and other noninterest expense, partially offset by higher outside processing and software costs.

• The efficiency and tangible efficiency ratios for the current quarter were 59.8% and 58.9%, respectively, which is relatively stable compared to the prior quarter and prior year.

Balance Sheet

• Average performing LHFI was up 1% compared to the prior quarter, driven by growth in C&I, CRE, residential mortgages, and consumer direct loans.

• Average consumer and commercial deposits remained relatively stable compared to both the prior quarter and prior year.

Capital

• Estimated capital ratios continue to be well above regulatory requirements. The Common Equity Tier 1 ("CET1") ratio was estimated to be 9.6% as of September 30, 2018, slightly lower than the prior quarter due to loan growth and increased share repurchases.

• During the quarter, the Company repurchased $500 million of its outstanding common stock which is 25% of the $2.0 billion authorization it received per its 2018 Capital Plan. The Company also increased its quarterly common stock dividend by 25%, from $0.40 per common share in the prior quarter to $0.50 per share.

• Book value per common share was $48.00 and tangible book value per common share was $34.51, both up slightly from June 30, 2018, driven primarily by growth in retained earnings, offset in part by an increase in accumulated other comprehensive loss.

Asset Quality

• Nonperforming loans ("NPLs") decreased $60 million from the prior quarter and represented 0.47% of period-end LHFI at September 30, 2018. The decrease was driven primarily by the return to accrual status of certain commercial credits as well as charge-offs of certain commercial loans.

• Net charge-offs for the current quarter were $88 million, or 0.24% of total average LHFI on an annualized basis, compared to 0.20% during the prior quarter and 0.21% during the third quarter of 2017.

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• At September 30, 2018, the ALLL to period-end LHFI ratio was 1.10%, a 4 basis point decline compared to the prior quarter, driven by continued improvements in asset quality.

• Provision for credit losses increased $29 million sequentially and decreased $59 million year-over-year. The sequential increase was driven primarily by a lesser decline in the ALLL and higher net charge-offs on commercial loans, while the year-over-year decrease was driven by elevated hurricane-related reserves in the third quarter of 2017 and continued asset quality improvements resulting in a lower ALLL ratio.

Income Statement (Dollars in millions, except per share data)	3Q 2018			2Q 2018			1Q 2018			4Q 2017			3Q 2017
Net interest income	$1,512			$1,488			$1,441			$1,434			$1,430
Net interest income-FTE 1	1,534			1,510			1,461			1,472			1,467
Net interest margin	3.22		%	3.23		%	3.20		%	3.09		%	3.07		%
Net interest margin-FTE 1	3.27			3.28			3.24			3.17			3.15
Noninterest income	$782			$829			$796			$833			$846
Total revenue	2,294			2,317			2,237			2,267			2,276
Total revenue-FTE 1	2,316			2,339			2,257			2,305			2,313
Noninterest expense	1,384			1,390			1,417			1,520			1,391
Provision for credit losses	61			32			28			79			120
Net income available to common shareholders	726			697			612			710			512
Earnings per average common diluted share	1.56			1.49			1.29			1.48			1.06
Balance Sheet(Dollars in billions)
Average LHFI		$146.0			$144.2			$142.9			$144.0			$144.7
Average consumer and commercial deposits	159.3			159.0			159.2			160.7			159.4
Capital
Basel III capital ratios at period end 2 :
Tier 1 capital	10.72		%	10.86		%	11.00		%	11.15		%	10.74		%
Common Equity Tier 1 ("CET1")	9.60			9.72			9.84			9.74			9.62
Total average shareholders’ equity to total average assets	11.71			11.78			12.05			12.09			11.94
Asset Quality
Net charge-offs to total average LHFI (annualized)	0.24		%	0.20		%	0.22		%	0.29		%	0.21		%
ALLL to period-end LHFI 3	1.10			1.14			1.19			1.21			1.23
NPLs to period-end LHFI	0.47			0.52			0.50			0.47			0.48

¹ See Appendix A on pages 22 and 23 for non-U.S. GAAP reconciliations and additional information.

² Basel III capital ratios are calculated under the standardized approach using regulatory capital methodology applicable to the Company for each period presented, including the phase-in of transition provisions through January 1, 2018. Capital ratios at September 30, 2018 are estimated as of the date of this document.

³ LHFI measured at fair value were excluded from period-end LHFI in the calculation as no allowance is recorded for loans measured at fair value.

Consolidated Financial Performance Details

(Commentary is on a fully taxable-equivalent basis unless otherwise noted)

Revenue

Total revenue was $2.3 billion for the current quarter, a decrease of $23 million compared to the prior quarter, driven by lower noninterest income. Noninterest income decreased $47 million sequentially due largely to lower capital markets-related income, other noninterest income, and client transaction-related fees, offset partially by higher commercial real estate related income and wealth management-related income. The decrease in noninterest income was offset partially by a $24 million increase in net interest income during the current quarter. Compared to the third quarter of 2017, total revenue was stable.

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Net Interest Income

Net interest income was $1.5 billion for the current quarter, an increase of $24 million compared to the prior quarter due primarily to a $1.8 billion increase in average earning assets and one more day in the current quarter, offset partially by a 1 basis point decline in the net interest margin. The $67 million increase relative to the prior year was driven largely by a 12 basis point expansion in the net interest margin and a $1.5 billion increase in average earning assets.

Net interest margin for the current quarter was 3.27%, compared to 3.28% in the prior quarter and 3.15% in the third quarter of 2017. The sequential decline was driven by higher funding costs (driven primarily by increased wholesale funding), which offset the benefits of higher benchmark interest rates. The 12 basis point increase relative to the prior year was driven primarily by higher benchmark interest rates in addition to positive mix shift in the loan portfolio, offset partially by higher funding costs.

For the nine months ended September 30, 2018, net interest income was $4.5 billion, a $199 million increase compared to the nine months ended September 30, 2017. The net interest margin was 3.26% for the first nine months of 2018, a 13 basis point increase compared to the same period in 2017.

Noninterest Income

Noninterest income was $782 million for the current quarter, compared to $829 million for the prior quarter and $846 million for the third quarter of 2017. The $47 million sequential decrease was due primarily to lower capital markets-related income, other noninterest income, and client transaction-related fees, which was partially offset by higher commercial real estate related income and wealth management-related income. Compared to the third quarter of 2017, noninterest income decreased $64 million driven primarily by lower capital markets-related income, mortgage-related income, and client transaction-related fees.

Client transaction-related fees (namely service charges on deposits, other charges and fees, and card fees) decreased $12 million sequentially due primarily to a change in our process for recognizing card rewards expenses, which resulted in four months of rewards expenses being recognized in the third quarter of 2018 (recorded as a contra-revenue). The $21 million year-over-year decrease was due primarily to the same factors that impacted the sequential quarter as well as the impact of adopting the revenue recognition accounting standard during the first quarter of 2018, which resulted in the netting of certain expense items against card fees, other charges and fees, and service charges on deposit accounts.

Investment banking income was $150 million for the current quarter, compared to $169 million in the prior quarter and prior year. The $19 million sequential and year-over-year decreases were due primarily to lower loan syndication and investment grade bond origination activity, offset partially by strong deal flow activity in equity offerings during the third quarter of 2018. Beginning in the third quarter of 2018, the Company began presenting bridge commitment fee income related to capital market transactions in ‘investment banking income’. For periods prior to July 1, 2018, this income was presented in ‘other charges and fees’ and has been reclassified to 'investment banking income' for comparability. Capital markets bridge commitment fee income was $12 million and $21 million for the nine months ended September 30, 2018 and 2017, respectively.

Trading income was $42 million for the current quarter, compared to $53 million in the prior quarter and $51 million in the third quarter of 2017. The $11 million sequential decrease was due primarily to lower transaction activity with respect to client-related interest rate hedging activity. The $9 million year-over-year decrease was due primarily to lower trading revenues within fixed income sales and trading.

Mortgage servicing income was $43 million for the current quarter, relatively stable compared to $40 million in the prior quarter and $46 million in the third quarter of 2017. At September 30, 2018, the servicing portfolio totaled $170.5 billion, relatively stable compared to the prior quarter and a 3% increase compared to the prior year due to MSRs purchased in the first quarter of 2018 which transferred in the second quarter of 2018.

4

Mortgage production income for the current quarter was $40 million, compared to $43 million for the prior quarter and $61 million for the third quarter of 2017. The $21 million year-over-year decrease was due largely to lower gain on sale margins. Mortgage application volume decreased 9% sequentially and 1% compared to the third quarter of 2017. Closed loan volume decreased 2% sequentially and remained stable year-over-year.

Trust and investment management income was $80 million for the current quarter, compared to $75 million in the prior quarter and $79 million for the third quarter of 2017. The $5 million sequential increase was due primarily to seasonally higher trust fees in the current quarter.

Retail investment services income was $74 million for the current quarter, compared to $73 million in the prior quarter and $69 million in the third quarter of 2017. The $5 million year-over-year increase was due primarily to higher assets under management.

Commercial real estate related income was $24 million for the current quarter, compared to $18 million for the prior quarter and $17 million for the third quarter of 2017. The increase compared to the prior quarter and prior year was driven primarily by higher transaction volume with the Company’s agency lending business and higher tax-credit-related income within the Company’s affordable housing business.

Other noninterest income was $21 million for the current quarter, compared to $38 million in the prior quarter and $25 million in the third quarter of 2017. The sequential decrease was driven primarily by a $12 million remeasurement gain on a fintech equity investment recognized in the second quarter of 2018.

For the nine months ended September 30, 2018, noninterest income was $2.4 billion, compared to $2.5 billion for the nine months ended September 30, 2017. The $112 million decrease was driven by lower mortgage-related income, capital markets-related income, and client transaction-related fees.

Noninterest Expense

Noninterest expense was $1.4 billion in the current quarter, down$6 million sequentially and $7 million compared to the third quarter of 2017. The sequential decrease was driven largely by lower employee compensation and benefits, other noninterest expense, net occupancy expense, and equipment expense, offset partially by higher outside processing and software costs and marketing and customer development costs. The year-over-year decrease was due to declines across most expense categories, offset partially by higher outside processing and software costs.

Employee compensation and benefits expense was $795 million in the current quarter, compared to $802 million in the prior quarter and $806 million in the third quarter of 2017. The $7 million sequential and $11 million year-over-year decreases were primarily due to lower benefit-related costs (medical and FICA) in addition to lower compensation costs in the current quarter, offset partially by higher contract programming costs.

Outside processing and software expense was $234 million in the current quarter, compared to $227 million in the prior quarter and $203 million in the third quarter of 2017. The $7 million sequential and $31 million year-over-year increases were driven primarily by higher software-related costs related to the amortization of new and upgraded technology assets.

Net occupancy expense was $86 million in the current quarter, compared to $90 million in the prior quarter and $94 million in the prior year quarter. The $8 million year-over-year decrease was driven by lease termination gains which favorably impacted the second and third quarter of 2018 (with the majority of the benefit occurring in the third quarter of 2018).

Marketing and customer development expense was $45 million in the current quarter, compared to $40 million in the prior quarter and $45 million in the third quarter of 2017. The $5 million sequential increase was driven by normal seasonality in advertising and client development costs.

5

Regulatory assessments expense was $39 million in the current quarter, stable relative to the prior quarter and down $8 million compared to the third quarter of 2017. The year-over-year decrease was driven by a reduced FDIC assessment rate resulting primarily from our improved earnings profile and higher levels of unsecured debt.

Operating losses/(gains) were $18 million in the current quarter, compared to $17 million in the prior quarter and ($34) million in the third quarter of 2017. The $52 million year-over-year increase was due primarily to the favorable resolution of several legal matters during the third quarter of 2017 which resulted in $58 million of net discrete benefits.

Other noninterest expense was $108 million in the current quarter, compared to $114 million in the prior quarter and $168 million in the third quarter of 2017. The $6 million sequential decrease was driven primarily by lower severance and communications costs, offset partially by higher legal and consulting expenses. The $60 million year-over-year decrease was driven primarily by $44 million of discrete charges associated with efficiency initiatives (severance and software writedowns) recognized in the third quarter of 2017.

Noninterest expense for the nine months ended September 30, 2018 was down 1% compared to the nine months ended September 30, 2017. The $52 million decrease was driven largely by ongoing efficiency initiatives, offset partially by higher outside processing and software expense.

Income Taxes

For the current quarter, the Company recorded a provision for income taxes of $95 million compared to $171 million for the prior quarter and $225 million for the third quarter of 2017. The effective tax rate for the current quarter was 11%, compared to 19% in the prior quarter and 29% in the third quarter of 2017. The sequential decrease in the effective tax rate was due primarily to $67 million of discrete tax benefits recognized in the current quarter related to the finalization of the impact of tax reform on the Company and the completion of the merger of SunTrust Mortgage into SunTrust Bank. The year-over-year decrease in the effective tax rate was driven by the reduction in the U.S. federal corporate income tax rate from 35% to 21% in addition to the aforementioned tax benefits recognized in the current quarter.

Balance Sheet

At September 30, 2018, the Company had total assets of $211.3 billion and total shareholders’ equity of $24.1 billion, representing 11% of total assets. Book value per common share was $48.00 and tangible book value per common share was $34.51, both up slightly compared to June 30, 2018, driven primarily by growth in retained earnings, offset partially by an increase in accumulated other comprehensive loss.

Loans

Average performing LHFI totaled $145.2 billion for the current quarter, up 1% compared to the prior quarter and prior year driven primarily by increases in CRE, residential mortgages, and consumer direct loans. The sequential increase was also driven by growth in the C&I portfolio. Compared to the prior year, average C&I balances declined by $645 million, driven by the sale of Premium Assignment Corporation on December 1, 2017, which included $1.3 billion of C&I loan balances.

Deposits

Average consumer and commercial deposits for the current quarter were $159.3 billion, relatively stable compared to the prior quarter and the third quarter of 2017. Sequentially, growth in time deposits was offset by declines in demand deposits and savings accounts. Year-over-year, increases in time deposits, NOW, and savings account balances were offset by declines in money market accounts and demand deposits.

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Capital and Liquidity

The Company’s estimated capital ratios were well above current regulatory requirements with the Common Equity Tier 1 ratio estimated to be 9.6% at September 30, 2018. The ratios of average total equity to average total assets and tangible common equity to tangible assets were 11.7% and 7.7%, respectively, at September 30, 2018. The Company continues to have substantial available liquidity in the form of cash, high-quality government-backed or government-sponsored securities, and other available contingency funding sources.

The Company declared a common stock dividend of $0.50 per common share and repurchased $500 million of its outstanding common stock in the third quarter of 2018which is 25% of the $2.0 billion authorization it received per its 2018 Capital Plan. Additionally, the Bank issued $500 million of 4-year and $500 million of 6-year fixed-to-floating rate senior notes as well as $300 million of 4-year floating rate senior notes in the third quarter of 2018.

Asset Quality

Overall asset quality performance continues to be strong. Nonperforming assets ("NPAs") totaled $754 million at September 30, 2018, down $60 million from the prior quarter and $38 million year-over-year. The ratio of NPLs to period-end LHFI was 0.47%, 0.52%, and 0.48% at September 30, 2018, June 30, 2018, and September 30, 2017, respectively. The decrease was driven primarily by the return to accrual status of certain commercial credits as well as charge-offs of certain commercial loans. In addition, residential mortgage nonperforming loans declined due to loans transitioning from non-accruing (as a result of forbearance relief received after hurricanes) back to accruing status. 

Net charge-offs totaled $88 million during the current quarter, an increase of $15 million compared to the prior quarter and $10 million compared to the third quarter of 2017, driven by increased charge-offs on commercial loans. The ratio of annualized net charge-offs to total average LHFI was 0.24% during the current quarter, compared to 0.20% during the prior quarter and 0.21% during the third quarter of 2017.

The provision for credit losses was $61 million in the current quarter, a sequential increase of $29 million and a year-over-year decrease of $59 million. The sequential increase was driven primarily by a lesser decline in the ALLL and higher net charge-offs on commercial loans, while the year-over-year decrease was driven by elevated hurricane-related reserves in the third quarter of 2017 and continued asset quality improvements resulting in a lower ALLL ratio.

At September 30, 2018, the ALLL was $1.6 billion, which represented 1.10% of period-end loans, a 4 basis point decline relative to June 30, 2018, driven by continued improvements in asset quality.

Early stage delinquencies increased 2 basis points from the prior quarter and 3 basis points from September 30, 2017 to 0.74% at September 30, 2018. Excluding government-guaranteed loans which accounted for 0.50% at September 30, 2018, early stage delinquencies were 0.24%, up 2 basis points compared to the prior quarter and down 5 basis points compared to the third quarter of 2017.

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OTHER INFORMATION

About SunTrust Banks, Inc.

SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Headquartered in Atlanta, the Company has two business segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of September 30, 2018, SunTrust had total assets of $211 billion and total deposits of $160 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. Learn more at suntrust.com.

Business Segment Results

The Company has included its business segment financial tables as part of this release. Revenue and income amounts labeled "FTE" in the business segment tables are reported on a fully taxable-equivalent basis. For the business segments, net interest income is computed using matched-maturity funds transfer pricing and noninterest income includes federal and state tax credits that are grossed-up on a pre-tax equivalent basis. Further, provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments of the provision/(benefit) attributable to each segment's quarterly change in the allowance for loan and lease losses ("ALLL") and unfunded commitments reserve balances. SunTrust also reports results for Corporate Other, which includes the Treasury department as well as the residual expense associated with operational and support expense allocations. The Total Corporate Other results presented in this document also include Reconciling Items, which are comprised of differences created between internal management accounting practices and U.S. Generally Accepted Accounting Principles ("U.S. GAAP") and certain matched-maturity funds transfer pricing credits and charges. A detailed discussion of the business segment results will be included in the Company’s forthcoming Form 10-Q.

Corresponding Financial Tables and Information

Investors are encouraged to review the foregoing summary and discussion of SunTrust’s earnings and financial condition in conjunction with the detailed financial tables and information which SunTrust has also published today and SunTrust’s forthcoming Form 10-Q. Detailed financial tables and other information are also available at investors.suntrust.com. This information is also included in a current report on Form 8-K furnished with the SEC today.

Conference Call

SunTrust management will host a conference call on October 19, 2018, at 8:00 a.m. (Eastern Time) to discuss the earnings results and business trends. Individuals may call in beginning at 7:15 a.m. (Eastern Time) by dialing 1-877-209-9920 (Passcode: SunTrust). Individuals calling from outside the United States should dial 1-612-332-1210 (Passcode: SunTrust). A replay of the call will be available approximately one hour after the call ends on October 19, 2018, and will remain available until November 19, 2018, by dialing 1-800-475-6701 (domestic) or 1-320-365-3844 (international) (Passcode: 454908). Alternatively, individuals may listen to the live webcast of the presentation by visiting the SunTrust investor relations website at investors.suntrust.com. Beginning the afternoon of October 19, 2018, individuals may access an archived version of the webcast in the “Events & Presentations” section of the SunTrust investor relations website. This webcast will be archived and available for one year.

Non-GAAP Financial Measures

This news release includes non-GAAP financial measures to describe SunTrust’s performance. Additional information and reconciliations of those measures to GAAP measures are provided in the appendix to this news release beginning at page 22.

In this news release, consistent with SEC Industry Guide 3, the Company presents total revenue, net interest income, net interest margin, and efficiency ratios on a fully taxable equivalent (“FTE”) basis, and ratios on an annualized basis. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments using a federal tax rate of 21%for all periods beginning on or after January 1, 2018 and 35% for all periods prior to January 1, 2018, as well as state income taxes, where applicable, to increase tax-exempt interest income to a taxable-equivalent basis. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources. Total revenue-FTE equals net interest income-FTE plus noninterest income.

8

The Company presents the following additional non-GAAP measures because many investors find them useful. Specifically:

• The Company presents certain capital information on a tangible basis, including Tangible equity, Tangible common equity, the ratio of Tangible equity to tangible assets, the ratio of Tangible common equity to tangible assets, Tangible book value per share, and the Return on tangible common shareholders’ equity, which removes the after-tax impact of purchase accounting intangible assets from shareholders' equity and removes related intangible asset amortization from Net income available to common shareholders. The Company believes these measures are useful to investors because, by removing the amount of intangible assets that result from merger and acquisition activity and amortization expense (the level of which may vary from company to company), it allows investors to more easily compare the Company’s capital position and return on average tangible common shareholders' equity to other companies in the industry who present similar measures. The Company also believes that removing these items provides a more relevant measure of the return on the Company's common shareholders' equity. These measures are utilized by management to assess capital adequacy and profitability of the Company.

• Similarly, the Company presents Efficiency ratio-FTE, Tangible efficiency ratio-FTE, and Adjusted tangible efficiency ratio-FTE. The efficiency ratio is computed by dividing Noninterest expense by Total revenue. Efficiency ratio-FTE is computed by dividing Noninterest expense by Total revenue-FTE. Tangible efficiency ratio-FTE excludes the amortization related to intangible assets and certain tax credits. The Company believes this measure is useful to investors because, by removing the impact of amortization (the level of which may vary from company to company), it allows investors to more easily compare the Company’s efficiency to other companies in the industry. Adjusted tangible efficiency ratio-FTE removes the pre-tax impact of Form 8-K items announced on December 4, 2017 and the impacts of tax reform-related items from the calculation of Tangible efficiency ratio-FTE. The Company believes this measure is useful to investors because it is more reflective of normalized operations as it reflects results that are primarily client relationship and client transaction driven. These measures are utilized by management to assess the efficiency of the Company and its lines of business.

Important Cautionary Statement About Forward-Looking Statements

This news release contains forward-looking statements. Statements regarding future growth in earnings per share, improved efficiency, and higher capital returns are forward-looking statements. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “forecast,” “goals,” “targets,” “initiatives,” “opportunity,” “focus,” “potentially,” “probably,” “projects,” “outlook,” or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events.

Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward looking statements. Future dividends, and the amount of any such dividend, must be declared by our board of directors in their discretion. Also, future share repurchases and the timing of any such repurchases are subject to market conditions and management's discretion. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2017 and in other periodic reports that we file with the SEC.

9

SunTrust Banks, Inc. and Subsidiaries

FINANCIAL HIGHLIGHTS

(Dollars in millions and shares in thousands, except per share data) (Unaudited)	Three Months Ended September 30						%		Nine Months Ended September 30						%
	2018			2017			Change		2018			2017			Change
EARNINGS & DIVIDENDS
Net income		$752			$538		40	%		$2,117			$1,533		38	%
Net income available to common shareholders	726			512			42		2,036			1,468			39
Total revenue	2,294			2,276			1		6,848			6,719			2
Total revenue-FTE 1	2,316			2,313			—		6,913			6,826			1
Net income per average common share:
Diluted		$1.56			$1.06		47	%		$4.34			$3.00		45	%
Basic	1.58			1.07			48		4.38			3.04			44
Dividends paid per common share	0.50			0.40			25		1.30			0.92			41
CONDENSED BALANCE SHEETS
Selected Average Balances:
Total assets		$207,395			$205,738		1	%		$205,370			$204,833		—	%
Earning assets	186,344			184,861			1		184,607			184,180			—
Loans held for investment ("LHFI")	145,995			144,706			1		144,368			144,276			—
Intangible assets including residential mortgage servicing rights ("MSRs")	8,396			8,009			5		8,332			8,019			4
Residential MSRs	1,987			1,589			25		1,922			1,599			20
Consumer and commercial deposits	159,348			159,419			—		159,159			159,145			—
Total shareholders’ equity	24,275			24,573			(1	)	24,324			24,131			1
Preferred stock	2,025			1,975			3		2,145			1,643			31
Period End Balances:
Total assets										$211,276			$208,252		1	%
Earning assets									188,141			185,071			2
LHFI									147,215			144,264			2
Allowance for loan and lease losses ("ALLL")									1,623			1,772			(8	)
Consumer and commercial deposits									159,332			161,778			(2	)
Total shareholders’ equity									24,139			24,522			(2	)
FINANCIAL RATIOS & OTHER DATA
Return on average total assets	1.44		%	1.04		%	38	%	1.38		%	1.00		%	38	%
Return on average common shareholders’ equity	13.01			9.03			44		12.33			8.77			41
Return on average tangible common shareholders' equity 1	18.06			12.45			45		17.14			12.09			42
Net interest margin	3.22			3.07			5		3.22			3.05			6
Net interest margin-FTE 1	3.27			3.15			4		3.26			3.13			4
Efficiency ratio	60.34			61.12			(1	)	61.20			63.16			(3	)
Efficiency ratio-FTE 1	59.76			60.14			(1	)	60.62			62.17			(2	)
Tangible efficiency ratio-FTE 1	58.94			59.21			—		59.89			61.44			(3	)
Effective tax rate	11			29			(62	)	16			28			(43	)
Basel III capital ratios at period end 2:
Common Equity Tier 1 ("CET1")									9.60		%	9.62		%	—	%
Tier 1 capital									10.72			10.74			—
Total capital									12.47			12.69			(2	)
Leverage									9.66			9.50			2
Total average shareholders’ equity to total average assets	11.71		%	11.94		%	(2	)%	11.84			11.78			1
Tangible equity to tangible assets 1									8.76			9.12			(4	)
Tangible common equity to tangible assets 1									7.72			8.10			(5	)
Book value per common share										$48.00			$47.16		2
Tangible book value per common share 1									34.51			34.34			—
Market capitalization									30,632			28,451			8
Average common shares outstanding:
Diluted	464,164			483,640			(4	)	469,006			489,176			(4	)
Basic	460,252			478,258			(4	)	464,804			483,711			(4	)
Full-time equivalent employees									22,839			24,215			(6	)
Number of ATMs									2,053			2,108			(3	)
Full service banking offices									1,217			1,275			(5	)

¹  See Appendix A for additional information and reconcilements of non-U.S. GAAP performance measures.

²  Basel III capital ratios are calculated under the standardized approach using regulatory capital methodology applicable to the Company for each period presented, including the phase-in of transition provisions through January 1, 2018. Capital ratios at September 30, 2018 are estimated as of the date of this release.

10

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER FINANCIAL HIGHLIGHTS

	Three Months Ended
	September 30			June 30			March 31			December 31			September 30
(Dollars in millions and shares in thousands, except per share data) (Unaudited)	2018			2018			2018			2017			2017
EARNINGS & DIVIDENDS
Net income		$752			$722			$643			$740			$538
Net income available to common shareholders	726			697			612			710			512
Total revenue	2,294			2,317			2,237			2,267			2,276
Total revenue-FTE 1	2,316			2,339			2,257			2,305			2,313
Net income per average common share:
Diluted		$1.56			$1.49			$1.29			$1.48			$1.06
Basic	1.58			1.50			1.31			1.50			1.07
Dividends paid per common share	0.50			0.40			0.40			0.40			0.40
CONDENSED BALANCE SHEETS
Selected Average Balances:
Total assets		$207,395			$204,548			$204,132			$205,219			$205,738
Earning assets	186,344			184,566			182,874			184,306			184,861
LHFI	145,995			144,156			142,920			144,039			144,706
Intangible assets including residential MSRs	8,396			8,355			8,244			8,077			8,009
Residential MSRs	1,987			1,944			1,833			1,662			1,589
Consumer and commercial deposits	159,348			158,957			159,169			160,745			159,419
Total shareholders’ equity	24,275			24,095			24,605			24,806			24,573
Preferred stock	2,025			2,025			2,390			2,236			1,975
Period End Balances:
Total assets		$211,276			$207,505			$204,885			$205,962			$208,252
Earning assets	188,141			185,304			182,913			182,710			185,071
LHFI	147,215			144,935			142,618			143,181			144,264
ALLL	1,623			1,650			1,694			1,735			1,772
Consumer and commercial deposits	159,332			160,410			161,357			159,795			161,778
Total shareholders’ equity	24,139			24,316			24,269			25,154			24,522
FINANCIAL RATIOS & OTHER DATA
Return on average total assets	1.44		%	1.42		%	1.28		%	1.43		%	1.04		%
Return on average common shareholders’ equity	13.01			12.73			11.23			12.54			9.03
Return on average tangible common shareholders' equity 1	18.06			17.74			15.60			17.24			12.45
Net interest margin	3.22			3.23			3.20			3.09			3.07
Net interest margin-FTE 1	3.27			3.28			3.24			3.17			3.15
Efficiency ratio	60.34			59.98			63.35			67.03			61.12
Efficiency ratio-FTE 1	59.76			59.41			62.77			65.94			60.14
Tangible efficiency ratio-FTE 1	58.94			58.69			62.11			64.84			59.21
Adjusted tangible efficiency ratio-FTE 1	58.94			58.69			62.11			59.85			59.21
Effective tax rate	11			19			19			(11		)	29
Basel III capital ratios at period end 2:
CET1	9.60		%	9.72		%	9.84		%	9.74		%	9.62		%
Tier 1 capital	10.72			10.86			11.00			11.15			10.74
Total capital	12.47			12.67			12.90			13.09			12.69
Leverage	9.66			9.82			9.75			9.80			9.50
Total average shareholders’ equity to total average assets	11.71			11.78			12.05			12.09			11.94
Tangible equity to tangible assets 1	8.76			9.01			9.11			9.50			9.12
Tangible common equity to tangible assets 1	7.72			7.96			8.04			8.21			8.10
Book value per common share		$48.00			$47.70			$47.14			$47.94			$47.16
Tangible book value per common share 1	34.51			34.40			33.97			34.82			34.34
Market capitalization	30,632			30,712			31,959			30,417			28,451
Average common shares outstanding:
Diluted	464,164			469,339			473,620			480,359			483,640
Basic	460,252			465,529			468,723			474,300			478,258
Full-time equivalent employees	22,839			23,199			23,208			23,785			24,215
Number of ATMs	2,053			2,062			2,075			2,116			2,108
Full service banking offices	1,217			1,222			1,236			1,268			1,275

¹  See Appendix A for additional information and reconcilements of non-U.S. GAAP performance measures.

²  Basel III capital ratios are calculated under the standardized approach using regulatory capital methodology applicable to the Company for each period presented, including the phase-in of transition provisions through January 1, 2018. Capital ratios at September 30, 2018 are estimated as of the date of this release.

11

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED STATEMENTS OF INCOME

	Three Months Ended					Increase/(Decrease)					Nine Months Ended				Increase/(Decrease)
(Dollars in millions and shares in thousands, except per share data) (Unaudited)	September 30										September 30
	2018		2017			Amount			% 3		2018		2017		Amount			% 3
Interest income		$1,834		$1,635			$199		12	%		$5,261		$4,747		$514		11	%
Interest expense	322		205			117			57		821		548		273			50
NET INTEREST INCOME	1,512		1,430			82			6		4,440		4,199		241			6
Provision for credit losses	61		120			(59		)	(49	)	121		330		(209		)	(63	)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	1,451		1,310			141			11		4,319		3,869		450			12
NONINTEREST INCOME
Service charges on deposit accounts	144		154			(10		)	(6	)	433		453		(20		)	(4	)
Other charges and fees 1	89		89			—			—		264		270		(6		)	(2	)
Card fees	75		86			(11		)	(13	)	241		255		(14		)	(5	)
Investment banking income 1	150		169			(19		)	(11	)	453		501		(48		)	(10	)
Trading income	42		51			(9		)	(18	)	137		148		(11		)	(7	)
Trust and investment management income	80		79			1			1		230		229		1			—
Retail investment services	74		69			5			7		219		208		11			5
Mortgage servicing related income	43		46			(3		)	(7	)	138		148		(10		)	(7	)
Mortgage production related income	40		61			(21		)	(34	)	118		170		(52		)	(31	)
Commercial real estate related income	24		17			7			41		66		61		5			8
Net securities gains	—		—			—			—		1		1		—			—
Other noninterest income	21		25			(4		)	(16	)	108		76		32			42
Total noninterest income	782		846			(64		)	(8	)	2,408		2,520		(112		)	(4	)
NONINTEREST EXPENSE
Employee compensation and benefits	795		806			(11		)	(1	)	2,451		2,454		(3		)	—
Outside processing and software	234		203			31			15		667		612		55			9
Net occupancy expense	86		94			(8		)	(9	)	270		280		(10		)	(4	)
Marketing and customer development	45		45			—			—		127		129		(2		)	(2	)
Equipment expense	40		40			—			—		124		123		1			1
Regulatory assessments	39		47			(8		)	(17	)	118		143		(25		)	(17	)
Amortization	19		22			(3		)	(14	)	51		49		2			4
Operating losses/(gains)	18		(34		)	52			NM		40		17		23			NM
Other noninterest expense	108		168			(60		)	(36	)	343		436		(93		)	(21	)
Total noninterest expense	1,384		1,391			(7		)	(1	)	4,191		4,243		(52		)	(1	)
INCOME BEFORE PROVISION FOR INCOME TAXES	849		765			84			11		2,536		2,146		390			18
Provision for income taxes	95		225			(130		)	(58	)	412		606		(194		)	(32	)
NET INCOME INCLUDING INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	754		540			214			40		2,124		1,540		584			38
Less: Net income attributable to noncontrolling interest	2		2			—			—		7		7		—			—
NET INCOME		$752		$538			$214		40	%		$2,117		$1,533		$584		38	%
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS		$726		$512			$214		42	%		$2,036		$1,468		$568		39	%
Net interest income-FTE 2	1,534		1,467			67			5		4,505		4,306		199			5
Total revenue	2,294		2,276			18			1		6,848		6,719		129			2
Total revenue-FTE 2	2,316		2,313			3			—		6,913		6,826		87			1
Net income per average common share:
Diluted	1.56		1.06			0.50			47		4.34		3.00		1.34			45
Basic	1.58		1.07			0.51			48		4.38		3.04		1.34			44
Cash dividends paid per common share	0.50		0.40			0.10			25		1.30		0.92		0.38			41
Average common shares outstanding:
Diluted	464,164		483,640			(19,476		)	(4	)	469,006		489,176		(20,170		)	(4	)
Basic	460,252		478,258			(18,006		)	(4	)	464,804		483,711		(18,907		)	(4	)

¹Beginning July 1, 2018, the Company began presenting bridge commitment fee income related to capital market transactions in Investment banking income on the Consolidated Statements of Income. For periods prior to July 1, 2018, this income was previously presented in Other charges and fees and has been reclassified to Investment banking income for comparability.

² See Appendix A for additional information and reconcilements of non-U.S. GAAP measures to the related U.S.GAAP measures.

³ “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

12

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER CONSOLIDATED STATEMENTS OF INCOME

	Three Months Ended									Three Months Ended
(Dollars in millions and shares in thousands, except per share data) (Unaudited)	September 30		June 30		Increase/(Decrease)					March 31		December 31			September 30
	2018		2018		Amount			%		2018		2017			2017
Interest income		$1,834		$1,759		$75		4	%		$1,668		$1,640			$1,635
Interest expense	322		271		51			19		227		206			205
NET INTEREST INCOME	1,512		1,488		24			2		1,441		1,434			1,430
Provision for credit losses	61		32		29			91		28		79			120
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	1,451		1,456		(5		)	—		1,413		1,355			1,310
NONINTEREST INCOME
Service charges on deposit accounts	144		144		—			—		146		150			154
Other charges and fees 1	89		91		(2		)	(2	)	85		91			89
Card fees	75		85		(10		)	(12	)	81		88			86
Investment banking income 1	150		169		(19		)	(11	)	133		122			169
Trading income	42		53		(11		)	(21	)	42		41			51
Trust and investment management income	80		75		5			7		75		80			79
Retail investment services	74		73		1			1		72		70			69
Mortgage servicing related income	43		40		3			8		54		43			46
Mortgage production related income	40		43		(3		)	(7	)	36		61			61
Commercial real estate related income	24		18		6			33		23		62			17
Net securities gains/(losses)	—		—		—			—		1		(109		)	—
Other noninterest income	21		38		(17		)	(45	)	48		134			25
Total noninterest income	782		829		(47		)	(6	)	796		833			846
NONINTEREST EXPENSE
Employee compensation and benefits	795		802		(7		)	(1	)	853		803			806
Outside processing and software	234		227		7			3		206		214			203
Net occupancy expense	86		90		(4		)	(4	)	94		97			94
Marketing and customer development	45		40		5			13		41		104			45
Equipment expense	40		44		(4		)	(9	)	40		41			40
Regulatory assessments	39		39		—			—		41		43			47
Amortization	19		17		2			12		15		25			22
Operating losses/(gains)	18		17		1			6		6		23			(34		)
Other noninterest expense	108		114		(6		)	(5	)	121		170			168
Total noninterest expense	1,384		1,390		(6		)	—		1,417		1,520			1,391
INCOME BEFORE PROVISION/(BENEFIT) FOR INCOME TAXES	849		895		(46		)	(5	)	792		668			765
Provision/(benefit) for income taxes	95		171		(76		)	(44	)	147		(74		)	225
NET INCOME INCLUDING INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	754		724		30			4		645		742			540
Less: Net income attributable to noncontrolling interest	2		2		—			—		2		2			2
NET INCOME		$752		$722		$30		4	%		$643		$740			$538
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS		$726		$697		$29		4	%		$612		$710			$512
Net interest income-FTE 2	1,534		1,510		24			2		1,461		1,472			1,467
Total revenue	2,294		2,317		(23		)	(1	)	2,237		2,267			2,276
Total revenue-FTE 2	2,316		2,339		(23		)	(1	)	2,257		2,305			2,313
Net income per average common share:
Diluted	1.56		1.49		0.07			5		1.29		1.48			1.06
Basic	1.58		1.50		0.08			5		1.31		1.50			1.07
Cash dividends paid per common share	0.50		0.40		0.10			25		0.40		0.40			0.40
Average common shares outstanding:
Diluted	464,164		469,339		(5,175		)	(1	)	473,620		480,359			483,640
Basic	460,252		465,529		(5,277		)	(1	)	468,723		474,300			478,258

¹Beginning July 1, 2018, the Company began presenting bridge commitment fee income related to capital market transactions in Investment banking income on the Consolidated Statements of Income. For periods prior to July 1, 2018, this income was previously presented in Other charges and fees and has been reclassified to Investment banking income for comparability.

² See Appendix A for additional information and reconcilements of non-U.S. GAAP measures to the related U.S.GAAP measures.

13

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED BALANCE SHEETS

	September 30						(Decrease)/Increase
(Dollars in millions and shares in thousands, except per share data) (Unaudited)	2018			2017			Amount			% 3
ASSETS
Cash and due from banks		$6,206			$7,071			($865	)	(12	)%
Federal funds sold and securities borrowed or purchased under agreements to resell	1,374			1,182			192			16
Interest-bearing deposits in other banks	25			25			—			—
Trading assets and derivative instruments	5,676			6,318			(642		)	(10	)
Securities available for sale 1	30,984			30,927			57			—
Loans held for sale ("LHFS")	1,961			2,835			(874		)	(31	)
Loans held for investment ("LHFI"):
Commercial and industrial ("C&I")	68,203			67,758			445			1
Commercial real estate ("CRE")	6,618			5,238			1,380			26
Commercial construction	3,137			3,964			(827		)	(21	)
Residential mortgages - guaranteed	452			497			(45		)	(9	)
Residential mortgages - nonguaranteed	28,187			27,041			1,146			4
Residential home equity products	9,669			10,865			(1,196		)	(11	)
Residential construction	197			327			(130		)	(40	)
Consumer student - guaranteed	7,039			6,559			480			7
Consumer other direct	10,100			8,597			1,503			17
Consumer indirect	12,010			11,952			58			—
Consumer credit cards	1,603			1,466			137			9
Total LHFI	147,215			144,264			2,951			2
Allowance for loan and lease losses ("ALLL")	(1,623		)	(1,772		)	(149		)	(8	)
Net LHFI	145,592			142,492			3,100			2
Goodwill	6,331			6,338			(7		)	—
Residential MSRs	2,062			1,628			434			27
Other assets 1	11,065			9,436			1,629			17
Total assets 2		$211,276			$208,252			$3,024		1	%
LIABILITIES
Deposits:
Noninterest-bearing consumer and commercial deposits		$41,870			$43,984			($2,114	)	(5	)%
Interest-bearing consumer and commercial deposits:
NOW accounts	45,745			47,213			(1,468		)	(3	)
Money market accounts	49,960			52,487			(2,527		)	(5	)
Savings	6,591			6,505			86			1
Consumer time	6,499			5,735			764			13
Other time	8,667			5,854			2,813			48
Total consumer and commercial deposits	159,332			161,778			(2,446		)	(2	)
Brokered time deposits	1,046			959			87			9
Total deposits	160,378			162,737			(2,359		)	(1	)
Funds purchased	3,354			3,118			236			8
Securities sold under agreements to repurchase	1,730			1,422			308			22
Other short-term borrowings	2,856			909			1,947			NM
Long-term debt	14,289			11,280			3,009			27
Trading liabilities and derivative instruments	1,863			1,284			579			45
Other liabilities	2,667			2,980			(313		)	(11	)
Total liabilities	187,137			183,730			3,407			2
SHAREHOLDERS' EQUITY
Preferred stock, no par value	2,025			1,975			50			3
Common stock, $1.00 par value	553			550			3			1
Additional paid-in capital	9,001			8,985			16			—
Retained earnings	19,111			17,021			2,090			12
Treasury stock, at cost, and other	(4,677		)	(3,274		)	1,403			43
Accumulated other comprehensive loss, net of tax	(1,874		)	(735		)	1,139			NM
Total shareholders' equity	24,139			24,522			(383		)	(2	)
Total liabilities and shareholders' equity		$211,276			$208,252			$3,024		1	%
Common shares outstanding	458,626			476,001			(17,375		)	(4	)%
Common shares authorized	750,000			750,000			—			—
Preferred shares outstanding	20			20			—			—
Preferred shares authorized	50,000			50,000			—			—
Treasury shares of common stock	94,038			74,053			19,985			27

¹Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. For periods prior to January 1, 2018, these equity securities have been reclassified to Other assets for comparability.

² Includes earning assets of $188,141 and $185,071 at September 30, 2018 and 2017, respectively.

³ “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

14

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER CONSOLIDATED BALANCE SHEETS

(Dollars in millions and shares in thousands, except per share data) (Unaudited)	September 30			June 30			Increase/(Decrease)					March 31			December 31			September 30
	2018			2018			Amount			% 3		2018			2017			2017
ASSETS
Cash and due from banks		$6,206			$5,858			$348		6	%		$5,851			$5,349			$7,071
Federal funds sold and securities borrowed or purchased under agreements to resell	1,374			1,365			9			1		1,428			1,538			1,182
Interest-bearing deposits in other banks	25			25			—			—		25			25			25
Trading assets and derivative instruments	5,676			5,050			626			12		5,112			5,093			6,318
Securities available for sale 1	30,984			30,942			42			—		30,934			30,947			30,927
LHFS	1,961			2,283			(322		)	(14	)	2,377			2,290			2,835
LHFI:
C&I	68,203			67,343			860			1		66,321			66,356			67,758
CRE	6,618			6,302			316			5		5,352			5,317			5,238
Commercial construction	3,137			3,456			(319		)	(9	)	3,651			3,804			3,964
Residential mortgages - guaranteed	452			525			(73		)	(14	)	611			560			497
Residential mortgages - nonguaranteed	28,187			27,556			631			2		27,165			27,136			27,041
Residential home equity products	9,669			9,918			(249		)	(3	)	10,241			10,626			10,865
Residential construction	197			217			(20		)	(9	)	256			298			327
Consumer student - guaranteed	7,039			6,892			147			2		6,693			6,633			6,559
Consumer other direct	10,100			9,448			652			7		8,941			8,729			8,597
Consumer indirect	12,010			11,712			298			3		11,869			12,140			11,952
Consumer credit cards	1,603			1,566			37			2		1,518			1,582			1,466
Total LHFI	147,215			144,935			2,280			2		142,618			143,181			144,264
ALLL	(1,623		)	(1,650		)	(27		)	(2	)	(1,694		)	(1,735		)	(1,772		)
Net LHFI	145,592			143,285			2,307			2		140,924			141,446			142,492
Goodwill	6,331			6,331			—			—		6,331			6,331			6,338
Residential MSRs	2,062			1,959			103			5		1,916			1,710			1,628
Other assets 1	11,065			10,407			658			6		9,987			11,233			9,436
Total assets 2		$211,276			$207,505			$3,771		2	%		$204,885			$205,962			$208,252
LIABILITIES
Deposits:
Noninterest-bearing consumer and commercial deposits		$41,870			$44,755			($2,885	)	(6	)%		$43,494			$42,784			$43,984
Interest-bearing consumer and commercial deposits:
NOW accounts	45,745			45,430			315			1		46,672			47,379			47,213
Money market accounts	49,960			49,176			784			2		50,627			51,088			52,487
Savings	6,591			6,757			(166		)	(2	)	6,849			6,468			6,505
Consumer time	6,499			6,316			183			3		6,205			5,839			5,735
Other time	8,667			7,976			691			9		7,510			6,237			5,854
Total consumer and commercial deposits	159,332			160,410			(1,078		)	(1	)	161,357			159,795			161,778
Brokered time deposits	1,046			1,038			8			1		1,022			985			959
Total deposits	160,378			161,448			(1,070		)	(1	)	162,379			160,780			162,737
Funds purchased	3,354			1,251			2,103			NM		1,189			2,561			3,118
Securities sold under agreements to repurchase	1,730			1,567			163			10		1,677			1,503			1,422
Other short-term borrowings	2,856			2,470			386			16		706			717			909
Long-term debt	14,289			11,995			2,294			19		10,692			9,785			11,280
Trading liabilities and derivative instruments	1,863			1,958			(95		)	(5	)	1,737			1,283			1,284
Other liabilities	2,667			2,500			167			7		2,236			4,179			2,980
Total liabilities	187,137			183,189			3,948			2		180,616			180,808			183,730
SHAREHOLDERS’ EQUITY
Preferred stock, no par value	2,025			2,025			—			—		2,025			2,475			1,975
Common stock, $1.00 par value	553			552			1			—		552			550			550
Additional paid-in capital	9,001			8,980			21			—		8,960			9,000			8,985
Retained earnings	19,111			18,616			495			3		18,107			17,540			17,021
Treasury stock, at cost, and other	(4,677		)	(4,178		)	499			12		(3,853		)	(3,591		)	(3,274		)
Accumulated other comprehensive loss, net of tax	(1,874		)	(1,679		)	195			12		(1,522		)	(820		)	(735		)
Total shareholders’ equity	24,139			24,316			(177		)	(1	)	24,269			25,154			24,522
Total liabilities and shareholders’ equity		$211,276			$207,505			$3,771		2	%		$204,885			$205,962			$208,252
Common shares outstanding	458,626			465,199			(6,573		)	(1	)%	469,708			470,931			476,001
Common shares authorized	750,000			750,000			—			—		750,000			750,000			750,000
Preferred shares outstanding	20			20			—			—		20			25			20
Preferred shares authorized	50,000			50,000			—			—		50,000			50,000			50,000
Treasury shares of common stock	94,038			87,071			6,967			8		82,223			79,133			74,053

¹Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. For periods prior to January 1, 2018, these equity securities have been reclassified to Other assets for comparability.

² Includes earning assets of $188,141, $185,304, $182,913, $182,710, and $185,071 at September 30, 2018, June 30, 2018, March 31, 2018, December 31, 2017, and September 30, 2017, respectively.

³ “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

15

SunTrust Banks, Inc. and Subsidiaries CONSOLIDATED DAILY AVERAGE BALANCES, INCOME/EXPENSE, AND AVERAGE YIELDS EARNED/RATES PAID
	Three Months Ended														Increase/(Decrease) From
	September 30, 2018							June 30, 2018							Sequential Quarter					Prior Year Quarter
(Dollars in millions) (Unaudited)	Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Yields/ Rates		Average Balances			Yields/ Rates
ASSETS
Loans held for investment ("LHFI"): 1
Commercial and industrial ("C&I")		$67,632			$659	3.87	%		$67,211			$633	3.78	%		$421		0.09			($645	)	0.48
Commercial real estate ("CRE")	6,418			68		4.19		5,729			58		4.06		689			0.13		1,191			0.62
Commercial construction	3,300			40		4.76		3,559			40		4.58		(259		)	0.18		(618		)	0.90
Residential mortgages - guaranteed	502			3		2.76		588			5		3.33		(86		)	(0.57	)	(10		)	(0.81	)
Residential mortgages - nonguaranteed	27,584			268		3.89		27,022			258		3.81		562			0.08		897			0.07
Residential home equity products	9,632			121		4.97		9,918			119		4.81		(286		)	0.16		(1,146		)	0.57
Residential construction	193			2		4.75		216			3		5.26		(23		)	(0.51	)	(140		)	0.07
Consumer student - guaranteed	6,912			88		5.05		6,763			83		4.92		149			0.13		377			0.61
Consumer other direct	9,726			135		5.49		9,169			120		5.26		557			0.23		1,300			0.58
Consumer indirect	11,770			114		3.86		11,733			108		3.68		37			0.18		(54		)	0.35
Consumer credit cards	1,573			46		11.71		1,524			43		11.45		49			0.26		123			1.39
Nonaccrual	753			5		2.70		724			6		3.35		29			(0.65	)	14			(3.20	)
Total LHFI	145,995			1,549		4.21		144,156			1,476		4.11		1,839			0.10		1,289			0.42
Securities available for sale: 2
Taxable	30,927			207		2.68		30,959			205		2.65		(32		)	0.03		838			0.19
Tax-exempt	625			5		2.99		637			5		2.99		(12		)	—		121			—
Total securities available for sale	31,552			212		2.69		31,596			210		2.66		(44		)	0.03		959			0.20
Federal funds sold and securities borrowed or purchased under agreements to resell	1,426			7		1.79		1,471			6		1.58		(45		)	0.21		237			0.90
Loans held for sale ("LHFS")	2,022			22		4.40		2,117			24		4.54		(95		)	(0.14	)	(455		)	0.51
Interest-bearing deposits in other banks	25			—		3.90		25			—		2.32		—			1.58		—			2.02
Interest earning trading assets	4,789			39		3.18		4,677			38		3.23		112			(0.05	)	(502		)	0.80
Other earning assets 2	535			5		3.79		524			5		3.97		11			(0.18	)	(45		)	0.73
Total earning assets	186,344			1,834		3.90		184,566			1,759		3.82		1,778			0.08		1,483			0.39
Allowance for loan and lease losses ("ALLL")	(1,665		)					(1,682		)					(17		)			(83		)
Cash and due from banks	4,575							4,223							352					(448		)
Other assets	18,192							17,573							619					1,691
Noninterest earning trading assets and derivative instruments	668							512							156					(280		)
Unrealized (losses)/gains on securities available for sale, net	(719		)					(644		)					(75		)			(872		)
Total assets		$207,395							$204,548							$2,847					$1,657
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing deposits:
NOW accounts		$45,345			$65	0.57	%		$45,344			$52	0.46	%		$1		0.11			$741		0.24
Money market accounts	49,926			73		0.58		49,845			60		0.49		81			0.09		(3,352		)	0.26
Savings	6,658			—		0.02		6,805			1		0.03		(147		)	(0.01	)	123			—
Consumer time	6,413			17		1.03		6,280			15		0.95		133			0.08		738			0.27
Other time	8,357			33		1.55		7,643			27		1.41		714			0.14		2,805			0.41
Total interest-bearing consumer and commercial deposits	116,699			188		0.64		115,917			155		0.54		782			0.10		1,055			0.27
Brokered time deposits	1,041			4		1.54		1,029			4		1.46		12			0.08		94			0.26
Foreign deposits	172			1		1.94		139			—		1.90		33			0.04		(123		)	0.81
Total interest-bearing deposits	117,912			193		0.65		117,085			159		0.55		827			0.10		1,026			0.27
Funds purchased	1,352			7		1.94		1,102			5		1.73		250			0.21		(337		)	0.79
Securities sold under agreements to repurchase	1,638			8		1.85		1,656			7		1.71		(18		)	0.14		174			0.78
Interest-bearing trading liabilities	1,233			10		3.33		1,314			10		3.12		(81		)	0.21		321			0.49
Other short-term borrowings	2,259			9		1.57		1,807			7		1.54		452			0.03		462			1.01
Long-term debt	12,922			95		2.92		11,452			83		2.92		1,470			—		1,718			0.22
Total interest-bearing liabilities	137,316			322		0.93		134,416			271		0.81		2,900			0.12		3,364			0.32
Noninterest-bearing deposits	42,649							43,040							(391		)			(1,126		)
Other liabilities	2,465							2,309							156					(581		)
Noninterest-bearing trading liabilities and derivative instruments	690							688							2					298
Shareholders’ equity	24,275							24,095							180					(298		)
Total liabilities and shareholders’ equity		$207,395							$204,548							$2,847					$1,657
Interest Rate Spread						2.97	%						3.01	%				(0.04	)				0.07
Net Interest Income					$1,512							$1,488
Net Interest Income-FTE 3					$1,534							$1,510
Net Interest Margin 4						3.22	%						3.23	%				(0.01	)				0.15
Net Interest Margin-FTE 3, 4						3.27							3.28					(0.01	)				0.12

¹ Interest income includes loan fees of $43 million and $39 million for the three months ended September 30, 2018 and June 30, 2018, respectively.

² Beginning January 1, 2018, the Company began presenting other equity securities previously presented in securities available for sale as other earning assets. For periods prior to January 1, 2018, these equity securities have been reclassified to other earning assets for comparability.

³ See Appendix A for additional information and reconcilements of non-U.S. GAAP performance measures. Approximately 95% of the total FTE adjustment for both the three months ended September 30, 2018 and June 30, 2018 was attributed to C&I loans.

⁴ Net interest margin is calculated by dividing annualized Net interest income by average Total earning assets.

16

SunTrust Banks, Inc. and Subsidiaries CONSOLIDATED DAILY AVERAGE BALANCES, INCOME/EXPENSE, AND AVERAGE YIELDS EARNED/RATES PAID, continued
	Three Months Ended
	March 31, 2018							December 31, 2017							September 30, 2017
(Dollars in millions) (Unaudited)	Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Interest Income/ Expense		Yields/ Rates
ASSETS
LHFI: 1
C&I		$66,269			$588	3.60	%		$67,238			$575	3.39	%		$68,277			$583	3.39	%
CRE	5,201			49		3.84		5,209			47		3.57		5,227			47		3.57
Commercial construction	3,749			40		4.27		3,947			39		3.92		3,918			38		3.86
Residential mortgages - guaranteed	637			5		3.12		546			3		2.12		512			5		3.57
Residential mortgages - nonguaranteed	26,863			254		3.79		26,858			254		3.78		26,687			255		3.82
Residential home equity products	10,243			116		4.60		10,531			116		4.37		10,778			120		4.40
Residential construction	261			3		4.47		303			3		4.15		333			4		4.68
Consumer student - guaranteed	6,655			78		4.76		6,576			76		4.60		6,535			73		4.44
Consumer other direct	8,804			110		5.08		8,651			108		4.94		8,426			104		4.91
Consumer indirect	12,001			108		3.63		11,999			107		3.53		11,824			105		3.51
Consumer credit cards	1,526			43		11.26		1,504			39		10.40		1,450			37		10.32
Nonaccrual	711			4		2.25		677			9		5.12		739			11		5.90
Total LHFI	142,920			1,398		3.97		144,039			1,376		3.79		144,706			1,382		3.79
Securities available for sale: 2
Taxable	30,849			201		2.61		30,309			192		2.54		30,089			187		2.49
Tax-exempt	628			5		2.98		589			4		2.97		504			4		2.99
Total securities available for sale	31,477			206		2.62		30,898			196		2.53		30,593			191		2.49
Federal funds sold and securities borrowed or purchased under agreements to resell	1,334			4		1.18		1,198			2		0.87		1,189			3		0.89
LHFS	2,025			21		4.12		2,622			30		4.53		2,477			24		3.89
Interest-bearing deposits in other banks	25			—		1.85		25			—		1.62		25			—		1.88
Interest earning trading assets	4,564			34		3.05		4,996			32		2.53		5,291			31		2.38
Other earning assets 2	529			5		3.50		528			4		3.52		580			4		3.06
Total earning assets	182,874			1,668		3.70		184,306			1,640		3.53		184,861			1,635		3.51
ALLL	(1,726		)					(1,768		)					(1,748		)
Cash and due from banks	5,329							5,018							5,023
Other assets	17,256							16,794							16,501
Noninterest earning trading assets and derivative instruments	772							858							948
Unrealized (losses)/gains on securities available for sale, net	(373		)					11							153
Total assets		$204,132							$205,219							$205,738
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing deposits:
NOW accounts		$46,590			$45	0.39	%		$46,238			$42	0.36	%		$44,604			$37	0.33	%
Money market accounts	50,543			48		0.39		52,025			43		0.33		53,278			43		0.32
Savings	6,587			—		0.02		6,487			—		0.02		6,535			—		0.02
Consumer time	6,085			13		0.87		5,785			12		0.82		5,675			11		0.76
Other time	7,026			22		1.25		6,090			18		1.19		5,552			16		1.14
Total interest-bearing consumer and commercial deposits	116,831			128		0.44		116,625			115		0.39		115,644			107		0.37
Brokered time deposits	1,006			3		1.35		971			4		1.32		947			3		1.28
Foreign deposits	51			—		1.42		—			—		—		295			1		1.13
Total interest-bearing deposits	117,888			131		0.45		117,596			119		0.40		116,886			111		0.38
Funds purchased	876			3		1.45		1,143			3		1.17		1,689			5		1.15
Securities sold under agreements to repurchase	1,595			5		1.39		1,483			4		1.14		1,464			4		1.07
Interest-bearing trading liabilities	1,110			8		2.84		969			7		2.73		912			6		2.84
Other short-term borrowings	2,084			6		1.11		815			1		0.22		1,797			3		0.56
Long-term debt	10,506			74		2.84		10,981			72		2.60		11,204			76		2.70
Total interest-bearing liabilities	134,059			227		0.69		132,987			206		0.61		133,952			205		0.61
Noninterest-bearing deposits	42,338							44,120							43,775
Other liabilities	2,499							2,860							3,046
Noninterest-bearing trading liabilities and derivative instruments	631							446							392
Shareholders’ equity	24,605							24,806							24,573
Total liabilities and shareholders’ equity		$204,132							$205,219							$205,738
Interest Rate Spread						3.01	%						2.92	%						2.90	%
Net Interest Income					$1,441							$1,434							$1,430
Net Interest Income-FTE 3					$1,461							$1,472							$1,467
Net Interest Margin 4						3.20	%						3.09	%						3.07	%
Net Interest Margin-FTE 3, 4						3.24							3.17							3.15

¹  Interest income includes loan fees of $39 million, $42 million, and $45 million for the three months ended March 31, 2018, December 31, 2017, and September 30, 2017, respectively.

²  Beginning January 1, 2018, the Company began presenting other equity securities previously presented in securities available for sale as other earning assets. For periods prior to January 1, 2018, these equity securities have been reclassified to other earning assets for comparability.

³  See Appendix A for additional information and reconcilements of non-U.S. GAAP performance measures. Approximately 95% of the total FTE adjustment for the three months ended March 31, 2018, December 31, 2017, and September 30, 2017 was attributed to C&I loans.

⁴  Net interest margin is calculated by dividing annualized Net interest income by average Total earning assets.

17

SunTrust Banks, Inc. and Subsidiaries CONSOLIDATED DAILY AVERAGE BALANCES, INCOME/EXPENSE, AND AVERAGE YIELDS EARNED/RATES PAID, continued
	Nine Months Ended
	September 30, 2018							September 30, 2017							(Decrease)/Increase
(Dollars in millions) (Unaudited)	Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Yields/ Rates
ASSETS
LHFI: 1
C&I		$67,042			$1,880	3.75	%		$68,822			$1,711	3.32	%		($1,780	)	0.43
CRE	5,787			175		4.04		5,141			130		3.38		646			0.66
Commercial construction	3,534			120		4.53		4,032			109		3.63		(498		)	0.90
Residential mortgages - guaranteed	576			13		3.09		537			13		3.19		39			(0.10	)
Residential mortgages - nonguaranteed	27,159			780		3.83		26,234			749		3.81		925			0.02
Residential home equity products	9,929			356		4.79		11,117			354		4.26		(1,188		)	0.53
Residential construction	223			8		4.81		360			12		4.29		(137		)	0.52
Consumer student - guaranteed	6,778			249		4.91		6,426			209		4.36		352			0.55
Consumer other direct	9,236			365		5.28		8,100			298		4.92		1,136			0.36
Consumer indirect	11,834			330		3.72		11,322			295		3.48		512			0.24
Consumer credit cards	1,541			133		11.47		1,404			105		10.03		137			1.44
Nonaccrual	729			15		2.77		781			24		4.04		(52		)	(1.27	)
Total LHFI	144,368			4,424		4.10		144,276			4,009		3.72		92			0.38
Securities available for sale: 2
Taxable	30,912			614		2.65		30,037			551		2.45		875			0.20
Tax-exempt	630			14		2.99		380			9		3.01		250			(0.02	)
Total securities available for sale	31,542			628		2.66		30,417			560		2.45		1,125			0.21
Federal funds sold and securities borrowed or purchased under agreements to resell	1,411			16		1.52		1,221			6		0.63		190			0.89
LHFS	2,055			67		4.35		2,436			70		3.82		(381		)	0.53
Interest-bearing deposits in other banks	25			1		2.70		25			—		1.05		—			1.65
Interest earning trading assets	4,677			110		3.16		5,204			89		2.27		(527		)	0.89
Other earning assets 2	529			15		3.75		601			13		3.00		(72		)	0.75
Total earning assets	184,607			5,261		3.81		184,180			4,747		3.45		427			0.36
ALLL	(1,691		)					(1,724		)					(33		)
Cash and due from banks	4,706							5,158							(452		)
Other assets	17,678							16,235							1,443
Noninterest earning trading assets and derivative instruments	650							918							(268		)
Unrealized (losses)/gains on securities available for sale, net	(580		)					66							(646		)
Total assets		$205,370							$204,833							$537
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing deposits:
NOW accounts		$45,755			$162	0.47	%		$44,595			$90	0.27	%		$1,160		0.20
Money market accounts	50,102			182		0.49		54,120			114		0.28		(4,018		)	0.21
Savings	6,684			1		0.03		6,530			1		0.02		154			0.01
Consumer time	6,261			45		0.95		5,573			30		0.72		688			0.23
Other time	7,680			81		1.41		4,830			38		1.06		2,850			0.35
Total interest-bearing consumer and commercial deposits	116,482			471		0.54		115,648			273		0.32		834			0.22
Brokered time deposits	1,026			11		1.45		931			9		1.28		95			0.17
Foreign deposits	121			2		1.85		563			4		0.86		(442		)	0.99
Total interest-bearing deposits	117,629			484		0.55		117,142			286		0.33		487			0.22
Funds purchased	1,112			15		1.74		1,242			9		0.97		(130		)	0.77
Securities sold under agreements to repurchase	1,630			20		1.66		1,583			10		0.85		47			0.81
Interest-bearing trading liabilities	1,219			28		3.11		968			20		2.70		251			0.41
Other short-term borrowings	2,051			22		1.41		1,852			7		0.54		199			0.87
Long-term debt	11,635			252		2.89		11,094			216		2.60		541			0.29
Total interest-bearing liabilities	135,276			821		0.81		133,881			548		0.55		1,395			0.26
Noninterest-bearing deposits	42,677							43,497							(820		)
Other liabilities	2,424							2,961							(537		)
Noninterest-bearing trading liabilities and derivative instruments	669							363							306
Shareholders’ equity	24,324							24,131							193
Total liabilities and shareholders’ equity		$205,370							$204,833							$537
Interest Rate Spread						3.00	%						2.90	%				0.10
Net Interest Income					$4,440							$4,199
Net Interest Income-FTE 3					$4,505							$4,306
Net Interest Margin 4						3.22	%						3.05	%				0.17
Net Interest Margin-FTE 3, 4						3.26							3.13					0.13

¹ Interest income includes loan fees of $121 million and $135 million for the nine months ended September 30, 2018 and 2017, respectively.

²Beginning January 1, 2018, the Company began presenting other equity securities previously presented in securities available for sale as other earning assets. For periods prior to January 1, 2018, these equity securities have been reclassified to other earning assets for comparability.

³ See Appendix A for additional information and reconcilements of non-U.S. GAAP performance measures. Approximately 95% of the total FTE adjustment for both the nine months ended September 30, 2018 and 2017 was attributed to C&I loans.

⁴ Net interest margin is calculated by dividing annualized Net interest income by average Total earning assets.

18

SunTrust Banks, Inc. and Subsidiaries OTHER FINANCIAL DATA
	Three Months Ended											Nine Months Ended
	September 30						(Decrease)/Increase					September 30						Increase/(Decrease)
(Dollars in millions) (Unaudited)	2018			2017			Amount			% 4		2018			2017			Amount			% 4
CREDIT DATA
Allowance for credit losses, beginning of period		$1,722			$1,803			($81	)	(4	)%		$1,814			$1,776			$38		2	%
Provision/(benefit) for unfunded commitments	—			1			(1		)	(100	)	(7		)	6			(13		)	NM
Provision for loan losses:
Commercial	36			5			31			NM		37			89			(52		)	(58	)
Consumer	25			114			(89		)	(78	)	91			235			(144		)	(61	)
Total provision for loan losses	61			119			(58		)	(49	)	128			324			(196		)	(60	)
Charge-offs:
Commercial	(51		)	(33		)	18			55		(95		)	(122		)	(27		)	(22	)
Consumer	(71		)	(76		)	(5		)	(7	)	(234		)	(235		)	(1		)	—
Total charge-offs	(122		)	(109		)	13			12		(329		)	(357		)	(28		)	(8	)
Recoveries:
Commercial	9			11			(2		)	(18	)	19			32			(13		)	(41	)
Consumer	25			20			5			25		70			64			6			9
Total recoveries	34			31			3			10		89			96			(7		)	(7	)
Net charge-offs	(88		)	(78		)	10			13		(240		)	(261		)	(21		)	(8	)
Allowance for credit losses, end of period		$1,695			$1,845			($150	)	(8	)%		$1,695			$1,845			($150	)	(8	)%
Components:
Allowance for loan and lease losses ("ALLL")													$1,623			$1,772			($149	)	(8	)%
Unfunded commitments reserve												72			73			(1		)	(1	)
Allowance for credit losses													$1,695			$1,845			($150	)	(8	)%
Net charge-offs to average loans held for investment ("LHFI") (annualized):
Commercial	0.22		%	0.11		%	0.11			100	%	0.13		%	0.15		%	(0.02		)	(13	)%
Consumer	0.27			0.33			(0.06		)	(18	)	0.33			0.35			(0.02		)	(6	)
Total net charge-offs to total average LHFI	0.24			0.21			0.03			14		0.22			0.24			(0.02		)	(8	)
Period Ended
Nonaccrual/nonperforming loans ("NPLs"):
Commercial													$299			$298			$1		—	%
Consumer												396			399			(3		)	(1	)
Total nonaccrual/NPLs												695			697			(2		)	—
Other real estate owned (“OREO”)												52			57			(5		)	(9	)
Other repossessed assets												7			7			—			—
Nonperforming loans held for sale ("nonperforming LHFS")												—			31			(31		)	(100	)
Total nonperforming assets ("NPAs")													$754			$792			($38	)	(5	)%
Accruing restructured loans													$2,327			$2,501			($174	)	(7	)%
Nonaccruing restructured loans 1												345			304			41			13
Accruing LHFI past due > 90 days (guaranteed)												1,440			1,304			136			10
Accruing LHFI past due > 90 days (non-guaranteed)												42			39			3			8
Accruing LHFS past due > 90 days												2			—			2			NM
NPLs to period-end LHFI												0.47		%	0.48		%	(0.01		)	(2	)%
NPAs to period-end LHFI plus OREO, other repossessed assets, and nonperforming LHFS												0.51			0.55			(0.04		)	(7	)
ALLL to period-end LHFI 2, 3												1.10			1.23			(0.13		)	(11	)
ALLL to NPLs 2, 3												2.35x			2.55x			(0.20x)			(8	)

¹ Nonaccruing restructured loans are included in total nonaccrual/NPLs.

² This ratio is computed using the ALLL.

³ Loans measured at fair value were excluded from the calculation as no allowance is recorded for loans measured at fair value. The Company believes that this presentation more appropriately reflects the relationship between the ALLL and loans that attract an allowance.

⁴ "NM" - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

19

SunTrust Banks, Inc. and Subsidiaries FIVE QUARTER OTHER FINANCIAL DATA
	Three Months Ended											Three Months Ended
	September 30			June 30			(Decrease)/Increase					March 31			December 31			September 30
(Dollars in millions) (Unaudited)	2018			2018			Amount			% 4		2018			2017			2017
CREDIT DATA
Allowance for credit losses, beginning of period		$1,722			$1,763			($41	)	(2	)%		$1,814			$1,845			$1,803
Provision/(benefit) for unfunded commitments	—			3			(3		)	(100	)	(10		)	6			1
Provision/(benefit) for loan losses:
Commercial	36			17			19			NM		(16		)	19			5
Consumer	25			12			13			NM		54			55			114
Total provision for loan losses	61			29			32			NM		38			74			119
Charge-offs:
Commercial	(51		)	(21		)	30			NM		(23		)	(44		)	(33		)
Consumer	(71		)	(80		)	(9		)	(11	)	(83		)	(90		)	(76		)
Total charge-offs	(122		)	(101		)	21			21		(106		)	(134		)	(109		)
Recoveries:
Commercial	9			4			5			NM		6			7			11
Consumer	25			24			1			4		21			20			20
Total recoveries	34			28			6			21		27			27			31
Net charge-offs	(88		)	(73		)	15			21		(79		)	(107		)	(78		)
Other	—			—			—			—		—			(4		)	—
Allowance for credit losses, end of period		$1,695			$1,722			($27	)	(2	)%		$1,763			$1,814			$1,845
Components:
ALLL		$1,623			$1,650			($27	)	(2	)%		$1,694			$1,735			$1,772
Unfunded commitments reserve	72			72			—			—		69			79			73
Allowance for credit losses		$1,695			$1,722			($27	)	(2	)%		$1,763			$1,814			$1,845
Net charge-offs to average LHFI (annualized):
Commercial	0.22		%	0.09		%	0.13			NM		0.09		%	0.19		%	0.11		%
Consumer	0.27			0.34			(0.07		)	(21	)	0.37			0.41			0.33
Total net charge-offs to total average LHFI	0.24			0.20			0.04			20		0.22			0.29			0.21
Period Ended
Nonaccrual/NPLs:
Commercial		$299			$341			($42	)	(12	)%		$262			$240			$298
Consumer	396			414			(18		)	(4	)	450			434			399
Total nonaccrual/NPLs	695			755			(60		)	(8	)	712			674			697
OREO	52			53			(1		)	(2	)	59			57			57
Other repossessed assets	7			6			1			17		7			10			7
Nonperforming LHFS	—			—			—			—		—			—			31
Total NPAs		$754			$814			($60	)	(7	)%		$778			$741			$792
Accruing restructured loans		$2,327			$2,418			($91	)	(4	)%		$2,476			$2,468			$2,501
Nonaccruing restructured loans 1	345			326			19			6		279			286			304
Accruing LHFI past due > 90 days (guaranteed)	1,440			1,201			239			20		1,312			1,374			1,304
Accruing LHFI past due > 90 days (non-guaranteed)	42			41			1			2		36			31			39
Accruing LHFS past due > 90 days	2			1			1			100		3			2			—
NPLs to period-end LHFI	0.47		%	0.52		%	(0.05		)	(10	)%	0.50		%	0.47		%	0.48		%
NPAs to period-end LHFI plus OREO, other repossessed assets, and nonperforming LHFS	0.51			0.56			(0.05		)	(9	)	0.55			0.52			0.55
ALLL to period-end LHFI 2, 3	1.10			1.14			(0.04		)	(4	)	1.19			1.21			1.23
ALLL to NPLs 2, 3	2.35x			2.20x			0.15x			(7	)	2.40x			2.59x			2.55x

¹ Nonaccruing restructured loans are included in total nonaccrual/NPLs.

² This ratio is computed using the ALLL.

³ Loans measured at fair value were excluded from the calculation as no allowance is recorded for loans measured at fair value. The Company believes that this presentation more appropriately reflects the relationship between the ALLL and loans that attract an allowance.

⁴ "NM" - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

20

SunTrust Banks, Inc. and Subsidiaries OTHER FINANCIAL DATA, continued
	Three Months Ended September 30									Nine Months Ended September 30
(Dollars in millions) (Unaudited)	Residential MSRs - Fair Value			Commercial Mortgage Servicing Rights and Other			Total			Residential MSRs - Fair Value			Commercial Mortgage Servicing Rights and Other			Total
OTHER INTANGIBLE ASSETS ROLLFORWARD
Balance, beginning of period		$1,608			$81			$1,689			$1,572			$85			$1,657
Amortization	—			(6		)	(6		)	—			(16		)	(16		)
Servicing rights originated	90			3			93			252			10			262
Fair value changes due to inputs and assumptions 1	(11		)	—			(11		)	(27		)	—			(27		)
Other changes in fair value 2	(59		)	—			(59		)	(168		)	—			(168		)
Servicing rights sold	—			—			—			(1		)	—			(1		)
Other 3	—			—			—			—			(1		)	(1		)
Balance, September 30, 2017		$1,628			$78			$1,706			$1,628			$78			$1,706
Balance, beginning of period		$1,959			$77			$2,036			$1,710			$81			$1,791
Amortization	—			(3		)	(3		)	—			(13		)	(13		)
Servicing rights originated	100			4			104			250			10			260
Servicing rights purchased	14			—			14			89			—			89
Fair value changes due to inputs and assumptions 1	52			—			52			198			—			198
Other changes in fair value 2	(62		)	—			(62		)	(183		)	—			(183		)
Servicing rights sold	(1		)	—			(1		)	(2		)	—			(2		)
Balance, September 30, 2018		$2,062			$78			$2,140			$2,062			$78			$2,140

¹ Primarily reflects changes in discount rates and prepayment speed assumptions, due to changes in interest rates.

² Represents changes due to the collection of expected cash flows, net of accretion, due to the passage of time.

³ Represents measurement period adjustment on other intangible assets previously acquired in Pillar/Cohen acquisition.

	Three Months Ended
	September 30		June 30		March 31		December 31		September 30
(Shares in thousands) (Unaudited)	2018		2018		2018		2017		2017
COMMON SHARES OUTSTANDING ROLLFORWARD
Balance, beginning of period	465,199		469,708		470,931		476,001		481,644
Common shares issued	471		402		3,615		244		125
Repurchases of common stock	(7,044	)	(4,911	)	(4,838	)	(5,314	)	(5,768	)
Balance, end of period	458,626		465,199		469,708		470,931		476,001

21

SunTrust Banks, Inc. and Subsidiaries APPENDIX A TO THE EARNINGS RELEASE - RECONCILEMENT OF NON-U.S. GAAP MEASURES 1
	Three Months Ended															Nine Months Ended
	September 30			June 30			March 31			December 31			September 30			September 30
(Dollars in millions) (Unaudited)	2018			2018			2018			2017			2017			2018			2017
Net interest income		$1,512			$1,488			$1,441			$1,434			$1,430			$4,440			$4,199
Fully taxable-equivalent ("FTE") adjustment	22			22			20			38			37			65			107
Net interest income-FTE 2	1,534			1,510			1,461			1,472			1,467			4,505			4,306
Noninterest income	782			829			796			833			846			2,408			2,520
Total revenue-FTE 2		$2,316			$2,339			$2,257			$2,305			$2,313			$6,913			$6,826
Return on average common shareholders’ equity	13.01		%	12.73		%	11.23		%	12.54		%	9.03		%	12.33		%	8.77		%
Impact of removing average intangible assets and related pre-tax amortization, other than residential MSRs and other servicing rights	5.05			5.01			4.37			4.70			3.42			4.81			3.32
Return on average tangible common shareholders' equity 3	18.06		%	17.74		%	15.60		%	17.24		%	12.45		%	17.14		%	12.09		%
Net interest margin	3.22		%	3.23		%	3.20		%	3.09		%	3.07		%	3.22		%	3.05		%
Impact of FTE adjustment	0.05			0.05			0.04			0.08			0.08			0.04			0.08
Net interest margin-FTE 2	3.27		%	3.28		%	3.24		%	3.17		%	3.15		%	3.26		%	3.13		%
Noninterest expense		$1,384			$1,390			$1,417			$1,520			$1,391			$4,191			$4,243
Total revenue	2,294			2,317			2,237			2,267			2,276			6,848			6,719
Efficiency ratio 4	60.34		%	59.98		%	63.35		%	67.03		%	61.12		%	61.20		%	63.16		%
Impact of FTE adjustment	(0.58		)	(0.57		)	(0.58		)	(1.09		)	(0.98		)	(0.58		)	(0.99		)
Efficiency ratio-FTE 2, 4	59.76			59.41			62.77			65.94			60.14			60.62			62.17
Impact of excluding amortization related to intangible assets and certain tax credits	(0.82		)	(0.72		)	(0.66		)	(1.10		)	(0.93		)	(0.73		)	(0.73		)
Tangible efficiency ratio-FTE 2, 5	58.94		%	58.69		%	62.11		%	64.84		%	59.21		%	59.89		%	61.44		%
Impact of excluding Form 8-K and other tax reform-related items	—			—			—			(4.99		)	—			—			—
Adjusted tangible efficiency ratio-FTE 2, 5, 6	58.94		%	58.69		%	62.11		%	59.85		%	59.21		%	59.89		%	61.44		%

¹ Certain amounts in this schedule are presented net of applicable income taxes, calculated based on each subsidiary’s federal and state tax rates and are adjusted for any permanent differences.

² The Company presents Net interest income-FTE, Total revenue-FTE, Net interest margin-FTE, Efficiency ratio-FTE, Tangible efficiency ratio-FTE, and Adjusted tangible efficiency ratio-FTE on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of Net interest income from certain loans and investments using a federal tax rate of 21%for all periods beginning on or after January 1, 2018 and 35% for all periods prior to January 1, 2018, as well as state income taxes where applicable to increase tax-exempt interest income to a taxable-equivalent basis. The Company believes this measure to be the preferred industry measurement of Net interest income and it enhances comparability of Net interest income arising from taxable and tax-exempt sources. Total revenue-FTE equals Net interest income-FTE plus Noninterest income.

³ The Company presents Return on average tangible common shareholders' equity, which removes the after-tax impact of purchase accounting intangible assets from average common shareholders' equity and removes related intangible asset amortization from Net income available to common shareholders. The Company believes this measure is useful to investors because, by removing the amount of intangible assets and related pre-tax amortization expense (the level of which may vary from company to company), it allows investors to more easily compare the Company’s return on average common shareholders' equity to other companies in the industry. The Company also believes that removing these items provides a more relevant measure of the return on the Company's common shareholders' equity. This measure is utilized by management to assess the profitability of the Company.

⁴ Efficiency ratio is computed by dividing Noninterest expense by Total revenue. Efficiency ratio-FTE is computed by dividing Noninterest expense by Total revenue-FTE.

⁵ The Company presents Tangible efficiency ratio-FTE and Adjusted tangible efficiency ratio-FTE, which remove the amortization related to intangible assets and certain tax credits from the calculation of Efficiency ratio-FTE. The Company believes these measures are useful to investors because, by removing the impact of amortization (the level of which may vary from company to company), it allows investors to more easily compare the Company’s efficiency to other companies in the industry. These measures are utilized by management to assess the efficiency of the Company and its lines of business.

⁶ The Company presents Adjusted tangible efficiency ratio-FTE, which removes the pre-tax impact of Form 8-K and other tax reform-related items from the calculation of Tangible efficiency ratio-FTE. The Company believes this measure is useful to investors because it is more reflective of normalized operations as it reflects results that are primarily client relationship and client transaction driven. Removing these items also allows investors to more easily compare the Company's tangible efficiency to other companies in the industry that may not have had similar items impacting their results. Additional detail on these items can be found in the Form 8-K furnished with the SEC on January 19, 2018.

22

SunTrust Banks, Inc. and Subsidiaries APPENDIX A TO THE EARNINGS RELEASE - RECONCILEMENT OF NON-U.S. GAAP MEASURES, continued 1
	September 30			June 30			March 31			December 31			September 30
(Dollars in millions, except per share data) (Unaudited)	2018			2018			2018			2017			2017
Total shareholders' equity		$24,139			$24,316			$24,269			$25,154			$24,522
Goodwill, net of deferred taxes of $160 million, $159 million, $159 million, $163 million, and $254 million, respectively	(6,171		)	(6,172		)	(6,172		)	(6,168		)	(6,084		)
Other intangible assets (including residential MSRs and other servicing rights)	(2,140		)	(2,036		)	(1,996		)	(1,791		)	(1,706		)
Residential MSRs and other servicing rights	2,126			2,022			1,981			1,776			1,690
Tangible equity 2	17,954			18,130			18,082			18,971			18,422
Noncontrolling interest	(101		)	(103		)	(101		)	(103		)	(101		)
Preferred stock	(2,025		)	(2,025		)	(2,025		)	(2,475		)	(1,975		)
Tangible common equity 2		$15,828			$16,002			$15,956			$16,393			$16,346
Total assets		$211,276			$207,505			$204,885			$205,962			$208,252
Goodwill	(6,331		)	(6,331		)	(6,331		)	(6,331		)	(6,338		)
Other intangible assets (including residential MSRs and other servicing rights)	(2,140		)	(2,036		)	(1,996		)	(1,791		)	(1,706		)
Residential MSRs and other servicing rights	2,126			2,022			1,981			1,776			1,690
Tangible assets		$204,931			$201,160			$198,539			$199,616			$201,898
Tangible equity to tangible assets 2	8.76		%	9.01		%	9.11		%	9.50		%	9.12		%
Tangible common equity to tangible assets 2	7.72			7.96			8.04			8.21			8.10
Tangible book value per common share 3		$34.51			$34.40			$33.97			$34.82			$34.34

¹ Certain amounts in this schedule are presented net of applicable income taxes, calculated based on each subsidiary’s federal and state tax rates and are adjusted for any permanent differences.

² The Company presents certain capital information on a tangible basis, including Tangible equity, Tangible common equity, the ratio of Tangible equity to tangible assets, and the ratio of Tangible common equity to tangible assets, which remove the after-tax impact of purchase accounting intangible assets from shareholders' equity. The Company believes these measures are useful to investors because, by removing the amount of intangible assets that result from merger and acquisition activity (the level of which may vary from company to company), it allows investors to more easily compare the Company’s capital adequacy to other companies in the industry. These measures are used by management to analyze capital adequacy.

³ The Company presents Tangible book value per common share, which excludes the after-tax impact of purchase accounting intangible assets and also excludes Noncontrolling interest and Preferred stock from shareholders' equity. The Company believes this measure is useful to investors because, by removing the amount of intangible assets, noncontrolling interest, and preferred stock (the levels of which may vary from company to company), it allows investors to more easily compare the Company’s book value of common stock to other companies in the industry.

23

SunTrust Banks, Inc. and Subsidiaries CONSUMER BUSINESS SEGMENT
	Three Months Ended September 30								Nine Months Ended September 30
(Dollars in millions) (Unaudited)	2018			2017 1			% Change		2018			2017 1			% Change
Statements of Income:
Net interest income		$1,079			$999		8	%		$3,144			$2,915		8	%
FTE adjustment	—			—			—		—			—			—
Net interest income-FTE 2	1,079			999			8		3,144			2,915			8
Provision for credit losses 3	36			140			(74	)	101			310			(67	)
Net interest income-FTE - after provision for credit losses 2	1,043			859			21		3,043			2,605			17
Noninterest income before net securities gains/(losses)	445			482			(8	)	1,349			1,427			(5	)
Net securities gains/(losses)	—			—			—		—			—			—
Total noninterest income	445			482			(8	)	1,349			1,427			(5	)
Noninterest expense before amortization	994			925			7		2,994			2,936			2
Amortization	—			2			(100	)	1			3			(67	)
Total noninterest expense	994			927			7		2,995			2,939			2
Income-FTE - before provision for income taxes 2	494			414			19		1,397			1,093			28
Provision for income taxes	113			150			(25	)	316			395			(20	)
Tax credit adjustment	—			—			—		—			—			—
FTE adjustment	—			—			—		—			—			—
Net income including income attributable to noncontrolling interest	381			264			44		1,081			698			55
Less: Net income attributable to noncontrolling interest	—			—			—		—			—			—
Net income		$381			$264		44	%		$1,081			$698		55	%
Total revenue		$1,524			$1,481		3	%		$4,493			$4,342		3	%
Total revenue-FTE 2	1,524			1,481			3		4,493			4,342			3
Selected Average Balances:
Total LHFI		$75,414			$74,742		1	%		$75,122			$73,613		2	%
Goodwill	4,390			4,262			3		4,348			4,262			2
Other intangible assets excluding residential MSRs	2			7			(71	)	3			8			(63	)
Total assets	86,112			84,345			2		85,124			83,310			2
Consumer and commercial deposits	111,930			109,774			2		111,025			109,301			2
Performance Ratios:
Efficiency ratio	65.25		%	62.64		%			66.64		%	67.67		%
Impact of FTE adjustment	—			—					—			—
Efficiency ratio-FTE 2	65.25			62.64					66.64			67.67
Impact of excluding amortization and associated funding cost of intangible assets	(1.13		)	(1.11		)			(1.12		)	(1.11		)
Tangible efficiency ratio-FTE 2, 4	64.12		%	61.53		%			65.52		%	66.56		%

¹  During the second quarter of 2018, certain of the Company's business banking clients were transferred from the Wholesale business segment to the Consumer business segment. For all periods prior to the second quarter of 2018, the corresponding financial results have been transferred to the Consumer business segment for comparability purposes.

²  Net interest income-FTE, Income-FTE, Total revenue-FTE, Efficiency ratio-FTE, and Tangible efficiency ratio-FTE are presented on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of Net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of Net interest income and it enhances comparability of Net interest income arising from taxable and tax-exempt sources. Total revenue-FTE equals Net interest income on an FTE basis plus Noninterest income.

³  Provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the Allowance for loan and lease losses and Unfunded commitment reserve balances.

⁴  A Tangible efficiency ratio is presented, which excludes the amortization related to intangible assets and certain tax credits. The Company believes this measure is useful to investors because, by removing the impact of amortization (the level of which may vary from company to company), it allows investors to more easily compare this segment's efficiency to other business segments and companies in the industry. This measure is utilized by management to assess the efficiency of the Company and its lines of business.

24

SunTrust Banks, Inc. and Subsidiaries CONSUMER BUSINESS SEGMENT, continued
	Three Months Ended September 30								Nine Months Ended September 30
(Dollars in millions) (Unaudited)	2018			2017			% Change		2018			2017			% Change
Residential Mortgage Production Data:
Channel mix:
Retail		$1,860			$2,438		(24	)%		$5,853			$7,422		(21	)%
Correspondent	4,281			3,715			15		11,691			10,647			10
Total production		$6,141			$6,153		—	%		$17,544			$18,069		(3	)%
Channel mix - percent:
Retail	30		%	40		%			33		%	41		%
Correspondent	70			60					67			59
Total production	100		%	100		%			100		%	100		%
Purchase and refinance mix:
Refinance		$1,202			$1,980		(39	)%		$4,303			$6,473		(34	)%
Purchase	4,939			4,173			18		13,241			11,596			14
Total production		$6,141			$6,153		—	%		$17,544			$18,069		(3	)%
Purchase and refinance mix - percent:
Refinance	20		%	32		%			25		%	36		%
Purchase	80			68					75			64
Total production	100		%	100		%			100		%	100		%
Applications		$7,588			$7,658		(1	)%		$22,915			$23,675		(3	)%
Residential Mortgage Servicing Data (End of Period):
Total unpaid principal balance ("UPB") of residential mortgages serviced										$170,480			$165,273		3	%
Total UPB of residential mortgages serviced for others									139,955			135,411			3
Net carrying value of residential MSRs									2,062			1,628			27
Ratio of net carrying value of residential MSRs to total UPB of residential mortgages serviced for others									1.473		%	1.202		%
Assets Under Administration (End of Period):
Trust and institutional managed assets										$44,647			$42,266		6	%
Retail brokerage managed assets									17,516			15,561			13
Total managed assets									62,163			57,827			7
Non-managed assets									98,698			97,491			1
Total assets under advisement										$160,861			$155,318		4	%

25

SunTrust Banks, Inc. and Subsidiaries WHOLESALE BUSINESS SEGMENT
	Three Months Ended September 30								Nine Months Ended September 30
(Dollars in millions) (Unaudited)	2018			2017 1, 2			% Change 6		2018			2017 1, 2			% Change
Statements of Income:
Net interest income		$550			$511		8	%		$1,605			$1,490		8	%
FTE adjustment	22			36			(39	)	63			105			(40	)
Net interest income-FTE 3	572			547			5		1,668			1,595			5
Provision/(benefit) for credit losses 4	25			(19		)	NM		19			19			—
Net interest income-FTE - after provision/(benefit) for credit losses 3	547			566			(3	)	1,649			1,576			5
Noninterest income before net securities gains/(losses)	373			397			(6	)	1,124			1,169			(4	)
Net securities gains/(losses)	—			—			—		—			—			—
Total noninterest income	373			397			(6	)	1,124			1,169			(4	)
Noninterest expense before amortization	414			402			3		1,257			1,238			2
Amortization	19			19			—		50			46			9
Total noninterest expense	433			421			3		1,307			1,284			2
Income-FTE - before provision for income taxes 3	487			542			(10	)	1,466			1,461			—
Provision for income taxes	52			118			(56	)	183			318			(42	)
Tax credit adjustment	41			47			(13	)	100			121			(17	)
FTE adjustment	22			36			(39	)	63			105			(40	)
Net income including income attributable to noncontrolling interest	372			341			9		1,120			917			22
Less: Net income attributable to noncontrolling interest	—			—			—		—			—			—
Net income		$372			$341		9	%		$1,120			$917		22	%
Total revenue		$923			$908		2	%		$2,729			$2,659		3	%
Total revenue-FTE 3	945			944			—		2,792			2,764			1
Selected Average Balances:
Total LHFI		$70,485			$68,568		3	%		$69,155			$69,303		—	%
Goodwill	1,941			2,076			(7	)	1,983			2,076			(4	)
Other intangible assets excluding residential MSRs	75			74			1		76			75			1
Total assets	84,766			82,573			3		83,001			82,916			—
Consumer and commercial deposits	47,773			49,515			(4	)	48,259			49,724			(3	)
Performance Ratios:
Efficiency ratio	46.90		%	46.33		%			47.88		%	48.29		%
Impact of FTE adjustment	(1.08		)	(1.78		)			(1.08		)	(1.84		)
Efficiency ratio-FTE 3	45.82			44.55					46.80			46.45
Impact of excluding amortization and associated funding cost of intangible assets	(2.55		)	(2.55		)			(2.37		)	(2.21		)
Tangible efficiency ratio-FTE 3, 5	43.27		%	42.00		%			44.43		%	44.24		%

¹  During the second quarter of 2018, certain of the Company's business banking clients were transferred from the Wholesale business segment to the Consumer business segment. For all periods prior to the second quarter of 2018, the corresponding financial results have been transferred to the Consumer business segment for comparability purposes.

²  During the fourth quarter of 2017, the Company sold Premium Assignment Corporation ("PAC"), its commercial lines insurance premium finance subsidiary, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

³  Net interest income-FTE, Income-FTE, Total revenue-FTE, Efficiency ratio-FTE, and Tangible efficiency ratio-FTE are presented on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of Net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of Net interest income and it enhances comparability of Net interest income arising from taxable and tax-exempt sources. Total revenue-FTE equals Net interest income on an FTE basis plus Noninterest income.

⁴  Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the Allowance for loan and lease losses and Unfunded commitment reserve balances.

⁵  A Tangible efficiency ratio is presented, which excludes the amortization related to intangible assets and certain tax credits. The Company believes this measure is useful to investors because, by removing the impact of amortization (the level of which may vary from company to company), it allows investors to more easily compare this segment's efficiency to other business segments and companies in the industry. This measure is utilized by management to assess the efficiency of the Company and its lines of business.

⁶  “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

26

SunTrust Banks, Inc. and Subsidiaries TOTAL CORPORATE OTHER (including Reconciling Items)
	Three Months Ended September 30								Nine Months Ended September 30
(Dollars in millions) (Unaudited)	2018			2017 1			% Change 5		2018			2017 1			% Change 5
Statements of Income:
Net interest income/(expense) 2		($117	)		($80	)	(46	)%		($309	)		($206	)	(50	)%
FTE adjustment	—			1			(100	)	2			2			—
Net interest income/(expense)-FTE 3	(117		)	(79		)	(48	)	(307		)	(204		)	(50	)
Provision/(benefit) for credit losses 4	—			(1		)	100		1			1			—
Net interest income/(expense)-FTE - after provision/(benefit) for credit losses 3	(117		)	(78		)	(50	)	(308		)	(205		)	(50	)
Noninterest income/(expense) before net securities gains/(losses)	(36		)	(33		)	(9	)	(66		)	(77		)	14
Net securities gains/(losses)	—			—			—		1			1			—
Total noninterest income/(expense)	(36		)	(33		)	(9	)	(65		)	(76		)	14
Noninterest expense/(income) before amortization	(43		)	42			NM		(111		)	20			NM
Amortization	—			1			(100	)	—			—			—
Total noninterest expense/(income)	(43		)	43			NM		(111		)	20			NM
Income/(loss)-FTE - before provision/(benefit) for income taxes 3	(110		)	(154		)	29		(262		)	(301		)	13
Provision/(benefit) for income taxes	(70		)	(43		)	(63	)	(87		)	(107		)	19
Tax credit adjustment	(41		)	(47		)	13		(100		)	(121		)	17
FTE adjustment	—			1			(100	)	2			2			—
Net income/(loss) including income attributable to noncontrolling interest	1			(65		)	NM		(77		)	(75		)	(3	)
Less: Net income attributable to noncontrolling interest	2			2			—		7			7			—
Net income/(loss)		($1	)		($67	)	99			($84	)		($82	)	(2	)%
Total revenue		($153	)		($113	)	(35	)		($374	)		($282	)	(33	)%
Total revenue-FTE 3	(153		)	(112		)	(37	)	(372		)	(280		)	(33	)
Selected Average Balances:
Total LHFI		$96			$1,396		(93	)%		$91			$1,360		(93	)%
Securities available for sale	31,541			30,579			3		31,530			30,400			4
Goodwill	—			—			—		—			—			—
Other intangible assets excluding residential MSRs	1			—			—		—			—			—
Total assets	36,517			38,820			(6	)	37,245			38,607			(4	)
Consumer and commercial deposits	(355		)	130			NM		(125		)	120			NM
Other Information (End of Period):
Duration of securities available for sale portfolio (in years)									4.8			4.4
Net interest income interest rate sensitivity:
% Change in net interest income under:
Instantaneous 200 basis point increase in rates over next 12 months									2.0		%	3.2		%
Instantaneous 100 basis point increase in rates over next 12 months									1.1		%	1.8		%
Instantaneous 50 basis point decrease in rates over next 12 months									(0.8		)%	(1.3		)%

¹  During the fourth quarter of 2017, the Company sold Premium Assignment Corporation ("PAC"), its commercial lines insurance premium finance subsidiary, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

²  Net interest income/(expense) is driven by matched funds transfer pricing applied for segment reporting and actual Net interest income.

³  Net interest income/(expense)-FTE, Income/(loss)-FTE, and Total revenue-FTE are presented on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of Net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of Net interest income and it enhances comparability of Net interest income arising from taxable and tax-exempt sources. Total revenue-FTE equals Net interest income on an FTE basis plus Noninterest income.

⁴  Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the Allowance for loan and lease losses and Unfunded commitments reserve balances.

⁵  “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

27

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED SEGMENT TOTALS

	Three Months Ended September 30								Nine Months Ended September 30
(Dollars in millions) (Unaudited)	2018			2017			% Change		2018			2017			% Change
Statements of Income:
Net interest income		$1,512			$1,430		6	%		$4,440			$4,199		6	%
FTE adjustment	22			37			(41	)	65			107			(39	)
Net interest income-FTE 1	1,534			1,467			5		4,505			4,306			5
Provision for credit losses	61			120			(49	)	121			330			(63	)
Net interest income-FTE - after provision for credit losses 1	1,473			1,347			9		4,384			3,976			10
Noninterest income before net securities gains	782			846			(8	)	2,407			2,519			(4	)
Net securities gains	—			—			—		1			1			—
Total noninterest income	782			846			(8	)	2,408			2,520			(4	)
Noninterest expense before amortization	1,365			1,369			—		4,140			4,194			(1	)
Amortization	19			22			(14	)	51			49			4
Total noninterest expense	1,384			1,391			(1	)	4,191			4,243			(1	)
Income-FTE - before provision for income taxes 1	871			802			9		2,601			2,253			15
Provision for income taxes	95			225			(58	)	412			606			(32	)
Tax credit adjustment	—			—			—		—			—			—
FTE adjustment	22			37			(41	)	65			107			(39	)
Net income including income attributable to noncontrolling interest	754			540			40		2,124			1,540			38
Less: Net income attributable to noncontrolling interest	2			2			—		7			7			—
Net income		$752			$538		40	%		$2,117			$1,533		38	%
Total revenue		$2,294			$2,276		1	%		$6,848			$6,719		2	%
Total revenue-FTE 1	2,316			2,313			—		6,913			6,826			1
Selected Average Balances:
Total LHFI		$145,995			$144,706		1	%		$144,368			$144,276		—	%
Goodwill	6,331			6,338			—		6,331			6,338			—
Other intangible assets excluding residential MSRs	78			81			(4	)	79			83			(5	)
Total assets	207,395			205,738			1		205,370			204,833			—
Consumer and commercial deposits	159,348			159,419			—		159,159			159,145			—
Performance Ratios:
Efficiency ratio	60.34		%	61.12		%			61.20		%	63.16		%
Impact of FTE adjustment	(0.58		)	(0.98		)			(0.58		)	(0.99		)
Efficiency ratio-FTE 1	59.76			60.14					60.62			62.17
Impact of excluding amortization and associated funding cost of intangible assets	(0.82		)	(0.93		)			(0.73		)	(0.73		)
Tangible efficiency ratio-FTE 1	58.94		%	59.21		%			59.89		%	61.44		%

¹ Net interest income-FTE, Income-FTE, Total revenue-FTE, Efficiency ratio-FTE, and Tangible efficiency ratio-FTE are presented on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of Net interest income from certain loans and investments. See Appendix A for additional information and reconcilements of non-U.S. GAAP performance measures.

28

EX-99.2

3Q 18 EARNINGS PRESENTATION October 19, 2018 © 2018 SunTrust Banks, Inc. SunTrust is a federally registered trademark of SunTrust Banks, Inc.

IMPORTANT CAUTIONARY STATEMENT This presentation should be read in conjunction with the financial statements, notes and other information contained in the Company’s 2017 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Non-GAAP Financial Measures This presentation includes non-GAAP financial measures to describe SunTrust’s performance. The reconciliations of those measures to GAAP measures are provided within or in the appendix of this presentation beginning on slide 20. In this presentation, consistent with Securities and Exchange Commission Industry Guide 3, the Company presents total revenue, net interest income, net interest margin, and efficiency ratios on a fully taxable equivalent (“FTE”) and annualized basis. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments using applicable federal and state income tax rates to increase tax-exempt interest income to a taxable-equivalent basis. The Company believes this measure to be the preferred industry measurement of net interest income, and it enhances comparability of net interest income arising from taxable and tax-exempt sources. Total revenue-FTE equals net interest income-FTE plus noninterest income. The Company presents the following additional non-GAAP measures because many investors find them useful. Specifically: • The Company presents certain capital information on a tangible basis, including tangible equity, tangible common equity, tangible book value per share, and return on average tangible common equity. These measures exclude the after-tax impact of purchase accounting intangible assets. The Company believes these measures are useful to investors because, by removing the effect of intangible assets that result from merger and acquisition activity (the level of which may vary from company to company), it allows investors to more easily compare the Company’s capital adequacy to other companies in the industry. These measures are used by management to analyze the capital adequacy and profitability of the Company. • Similarly, the Company presents Efficiency ratio-FTE, Tangible efficiency ratio-FTE, Adjusted efficiency ratio-FTE and Adjusted tangible efficiency ratio-FTE. The efficiency ratio is computed by dividing Noninterest expense by Total revenue. Efficiency ratio-FTE is computed by dividing Noninterest expense by Total revenue-FTE. Tangible efficiency ratio-FTE excludes the amortization related to intangible assets and certain tax credits. The Company believes this measure is useful to investors because, by removing the impact of amortization (the level of which may vary from company to company), it allows investors to more easily compare the Company’s efficiency to other companies in the industry. Adjusted efficiency ratio-FTE and adjusted tangible efficiency ratio-FTE remove the pre-tax impact of Form 8-K items announced on December 4, 2017 and the impacts of tax reform-related items or other income or expense items that are material and potentially non-recurring from the calculation of Efficiency ratio-FTE and Tangible efficiency ratio-FTE, respectively. The Company believes these measures are useful to investors because they are more reflective of normalized operations as they reflect results that are primarily client relationship and client transaction driven. These measures are utilized by management to assess the efficiency of the Company and its lines of business. • The Company presents adjusted EPS, adjusted noninterest income and adjusted noninterest expense, which exclude the impact of Form 8-K items announced on December 4, 2017 and the impacts of tax reform-related items. The Company believes these measures are useful to investors because they are more reflective of normalized operations as they reflect results that are primarily business driven. These measures are utilized by management to assess the earnings of the Company and its lines of business. • The Company presents the Basel III Common Equity Tier 1 (CET1) ratio, on a fully phased-in basis on slide 15. For December 31, 2017 and prior, fully-phased-in ratios considered a 250% risk-weighting for MSRs and deduction from capital of certain carryforward DTA, the overfunded pension asset, and other intangible assets. For March 31, 2018 and later, the fully-phased-in ratio considers a 250% risk-weighting for MSRs, as contemplated in the FRB’s ‘Simplifications’ NPR. The Company believes this measure is useful to investors who wish to understand the impact of potential future regulatory requirements. Important Cautionary Statement about Forward-Looking Statements This presentation contains forward-looking statements. Statements regarding future levels of net interest margin, net interest income, investment banking income, noninterest income, efficiency ratio, tangible efficiency ratio, net charge-off ratio, ALLL ratio, deposit betas, provision expense, CET1 ratio, future loan growth and momentum in lending pipelines, deposit mix shift, the Company’s access to wholesale funding, future share repurchases by the Company, growth opportunities in Wholesale and Consumer Banking, possible increases in earnings and capital returns, future discrete charges, our capacity to invest in technology and talent, and our ability to deliver value for our clients, communities, teammates and owners, are forward-looking statements. Also, any statement that does not describe historical or current facts is a forward-looking statement. Forward-looking statements are based on the current beliefs and expectations of management and on information currently available to management. Such statements speak as of the date of this presentation, and we do not assume any obligation to update such statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, Item 1A., “Risk Factors,” in our Annual Report on Form 10-K for the year ended December 31, 2017 and in other periodic reports that we file with the SEC. Those factors include: current and future legislation and regulation could require us to change our business practices, reduce revenue, impose additional costs, or otherwise adversely affect business operations or competitiveness; we are subject to stringent capital adequacy and liquidity requirements and our failure to meet these would adversely affect our financial condition; the monetary and fiscal policies of the federal government and its agencies could have a material adverse effect on our earnings; our financial results have been, and may continue to be, materially affected by general economic conditions, and a deterioration of economic conditions or of the financial markets may materially adversely affect our lending and other businesses and our financial results and condition; changes in market interest rates or capital markets could adversely affect our revenue and expenses, the value of assets and obligations, and the availability and cost of capital and liquidity; our earnings may be affected by volatility in mortgage production and servicing revenues, and by changes in carrying values of our servicing assets and mortgages held for sale due to changes in interest rates; interest rates on our outstanding financial instruments might be subject to change based on regulatory developments, which could adversely affect our revenue, expenses, and the value of those financial instruments; disruptions in our ability to access global capital markets may adversely affect our capital resources and liquidity; we are subject to credit risk; we may have more credit risk and higher credit losses to the extent that our loans are concentrated by loan type, industry segment, borrower type, or location of the borrower or collateral; we rely on the mortgage secondary market and GSEs for some of our liquidity; loss of customer deposits could increase our funding costs; any reduction in our credit rating could increase the cost of our funding from the capital markets; we are subject to litigation, and our expenses related to this litigation may adversely affect our results; we may incur fines, penalties and other negative consequences from regulatory violations, possibly even inadvertent or unintentional violations; we are subject to certain risks related to originating and selling mortgages, and may be required to repurchase mortgage loans or indemnify mortgage loan purchasers as a result of breaches of representations and warranties, or borrower fraud, and this could harm our liquidity, results of operations, and financial condition; we face risks as a servicer of loans; consumers and small businesses may decide not to use banks to complete their financial transactions, which could affect net income; we have businesses other than banking which subject us to a variety of risks; negative public opinion could damage our reputation and adversely impact business and revenues; we may face more intense scrutiny of our sales, training, and incentive compensation practices; we rely on other companies to provide key components of our business infrastructure; competition in the financial services industry is intense and we could lose business or suffer margin declines as a result; we continually encounter technological change and must effectively develop and implement new technology; maintaining or increasing market share depends on market acceptance and regulatory approval of new products and services; we have in the past and may in the future pursue acquisitions, which could affect costs and from which we may not be able to realize anticipated benefits; we depend on the expertise of key personnel, and if these individuals leave or change their roles without effective replacements, operations may suffer; we may not be able to hire or retain additional qualified personnel and recruiting and compensation costs may increase as a result of turnover, both of which may increase costs and reduce profitability and may adversely impact our ability to implement our business strategies; our framework for managing risks may not be effective in mitigating risk and loss to us; our controls and procedures may not prevent or detect all errors or acts of fraud; we are at risk of increased losses from fraud; our operational and communications systems and infrastructure may fail or may be the subject of a breach or cyber-attack that, if successful, could adversely affect our business and disrupt business continuity; a disruption, breach, or failure in the operational systems and infrastructure of our third party vendors and other service providers, including as a result of cyber-attacks, could adversely affect our business; natural disasters and other catastrophic events could have a material adverse impact on our operations or our financial condition and results; the soundness of other financial institutions could adversely affect us; we depend on the accuracy and completeness of information about clients and counterparties; our accounting policies and processes are critical to how we report our financial condition and results of operation, and they require management to make estimates about matters that are uncertain; depressed market values for our stock and adverse economic conditions sustained over a period of time may require us to write down some portion of our goodwill; our stock price can be volatile; we might not pay dividends on our stock; our ability to receive dividends from our subsidiaries or other investments could affect our liquidity and ability to pay dividends; and certain banking laws and certain provisions of our articles of incorporation may have an anti-takeover effect. 2

3Q 18 AND YTD EPS OVERVIEW1 Quarterly & YTD Trends Diluted EPS Adjusted EPS $4.34 $1.56 $1.48 $1.49 $1.29 $3.00 $1.06 $1.09 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 YTD 17 YTD 18 Solid Overall Earnings Continued Improvements Asset Quality & Capital Momentum in Profitability Remain Strengths • EPS of $1.56, up 5% • Continued efficiency performance • NCO ratio: 0.24% | NPL ratio: 0.47% → Includes $0.14 discrete tax benefits → 3Q 18 reported efficiency ratio: 59.8%; → Strong asset quality performance → Excluding this, EPS declined as a result of tangible efficiency ratio: 58.9%2 reflects favorable operating lower noninterest income and higher → 150 bps improvement in tangible environment and consistent provision expense efficiency ratio YTD underwriting discipline • Revenue trends mixed • Strong returns: ROE of 13.0%, ROTCE of • 9.6% Basel III CET1 ratio → Net interest income up 2% (avg. loans up 1%) 18.1%3 • Repurchased $500 million of common stock → Excluding discrete tax benefits, ROTCE → Noninterest income down 6% (driven in 3Q 18 | $1.5 billion capacity remains primarily by capital markets) of 16.5% 1. All commentary reflects sequential (2Q 18 to 3Q 18) trends, unless otherwise noted. Total revenue, net interest income, efficiency ratio, and tangible efficiency ratio are reported on a fully-taxable equivalent (FTE) basis. Please refer to page 22 of the earnings press release for GAAP reconciliations 3 2. Please refer to slide 20 for GAAP reconciliations 3. Please refer to page 22 of the earnings press release for GAAP reconciliations

NET INTEREST INCOME1 Net interest income (FTE) growth continues: up 2% QoQ and 5% YoY ($ in millions) Prior Quarter Variance $1,534 $1,510 • Net interest margin (FTE) decreased 1 bp, as benefit $1,467 $1,472 $1,461 of higher short-term rates was offset by funding mix shift 3.28% 3.27% → Increased wholesale funding in support of strong 3.24% loan growth 3.17% • Net interest income (FTE) increased $24 million, or 3.15% 2%, as a result of 1% average loan growth $1,488 $1,512 Prior Year Variance $1,430 $1,434 $1,441 • Net interest margin (FTE) increased 12 bps, as a result of higher loan yields due to increases in short-term rates and positive mix shift, partially offset by higher funding costs • Net interest income (FTE) increased $67 million, or 5%, driven by NIM expansion and 1% average loan growth 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 2 Net Interest Income Net Interest Income (FTE) NIM (FTE) 1. On this slide, net interest income is reported on an unadjusted and fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of income from certain loans and investments. SunTrust believes this measure to be the preferred industry measurement of net interest income and provides relevant comparison between taxable and non-taxable amounts. Net interest margin (FTE) is calculated as net 4 interest income (FTE) divided by average earning assets (on an annualized basis). Please refer to page 22 of the earnings press release for a reconciliation of net interest margin to net interest margin (FTE) 2. Please refer to slide 20 for a reconciliation of net interest income to net interest income (FTE)

NONINTEREST INCOME ($ in millions) $840 Prior Quarter Variance $7 • Noninterest income decreased $47 million, driven by: → $30 million decline in capital markets-related income → $12 million gain related to fintech equity investment in 2Q 18 → $7 million one-time charge related to change in process for recognizing card rewards expense (recorded as contra revenue) $846 $833 $829 $796 $782 Prior Year Variance • Noninterest income decreased $64 million as a result of the same factors impacting prior quarter variance in addition to a $24 million decline in mortgage- related income 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Non-core items1 5 1. Non-core items refers to items announced in the December 4, 2017 Form 8-K and tax reform-related items. Please refer to slide 20 for a reconciliation of reported noninterest income to adjusted noninterest income

NONINTEREST EXPENSE Disciplined expense management continues: expenses stable QoQ and YoY ($ in millions) $1,520 $111 Prior Quarter Variance • Noninterest expense stable → Higher outside processing & software costs driven by increased software amortization (both new and upgraded technology assets) → Offset by lower compensation expense and lease termination benefits recognized in net occupancy expense $1,391 $1,409 $1,417 $1,390 $1,384 Prior Year Variance • Noninterest expense stable as a result of ongoing efficiency initiatives which fund investments in growth and technology → 3Q 17 included $14 million net discrete benefits ($58 million legal accrual reversals partially offset by $44 million of costs associated with efficiency initiatives) 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Non-core items1 6 1. Non-core items refers to items announced in the December 4, 2017 Form 8-K and tax reform-related items. Please refer to slide 20 for a reconciliation of reported noninterest expense to adjusted noninterest expense

EFFICIENCY RATIO & TANGIBLE EFFICIENCY RATIO1  Achieved 150 bps improvement in efficiency YTD  On track to achieve <60% full-year target by 2019 or sooner 5-Quarter Trends YTD Annual Trends 65.6% 62.8% 62.2% 63.7% 63.1% 60.9% 60.6% 62.6% 60.1% 59.4% 59.8% 61.9% 65.3% 62.1% 61.4% 63.3% 62.6% 59.9% 59.9% 62.0% 59.2% 58.7% 58.9% 61.0% <60% 2 2 2 2 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 YTD 17 YTD 18 2013 2014 2015 2016 2017 TER Target (2019 or sooner) Efficiency Ratio (FTE) Tangible Efficiency Ratio (FTE) 1. The efficiency ratio and tangible efficiency ratio are reported on fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts net interest income for the tax-favored status of income from certain loans and investments. Unadjusted net interest income can be found on slide 4. Please refer to slide 20 for the reconciliation to the GAAP efficiency ratio 7 2. 2013, 2014, 4Q 17, and 2017 values represent the adjusted efficiency ratio and adjusted tangible efficiency ratio. Adjusted figures are intended to provide management and investors information on trends that are more comparable across periods and potentially more comparable across institutions. Please refer to slide 20 for reconciliations related to the GAAP efficiency ratio

CREDIT QUALITY Asset quality continues to be very strong ($ in millions) Net Charge-offs Nonperforming Loans . NCO ratio remains well below historical averages . Sequential decrease driven primarily by lower C&I NPLs NCOs Total NCO Ratio (annualized) NPLs Total NPL Ratio $107 $755 $712 $88 $697 $674 $695 $78 $79 $73 0.29% 0.24% 0.21% 0.22% 0.20% 0.48% 0.47% 0.50% 0.52% 0.47% 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Allowance for Loan and Lease Losses (ALLL) Provision for Credit Losses . Continued asset quality improvements drive decline in ALLL ratio . Sequential increase driven by lesser ALLL decline and slightly higher NCOs ALLL ALLL Ratio $1,772 $1,735 $1,694 $120 $1,650 $1,623 $79 $61 1.23% 1.21% 1.19% 1.14% 1.10% $28 $32 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 8

BALANCE SHEET ($ in billions) ($ in billions, average balances) Average Performing Loans Average Client Deposits $159.4 $160.7 $159.2 $159.0 $159.3 $144.0 $143.4 $142.2 $143.4 $145.2 $6.5 $6.5 $6.6 $6.8 $6.7 $11.2 $11.9 $13.1 $13.9 $14.8 $28.2 $28.7 $29.0 $29.2 $30.0 $44.6 $46.2 $46.6 $45.3 $45.3 $38.3 $38.2 $38.0 $37.7 $37.9 $43.8 $44.1 $42.3 $43.0 $42.6 $77.4 $76.4 $75.2 $76.5 $77.4 $53.3 $52.0 $50.5 $49.8 $49.9 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Commercial Residential Consumer Money Market DDA (Nonint bearing) NOW Time Savings Prior Quarter Variance Prior Quarter Variance • Average performing loans up 1% with broad-based growth • Average client deposits stable across most categories • Interest-bearing deposit costs up 11 bps Period-end loans up 2% → → Compares to prior quarter increase of 10 bps Prior Year Variance Prior Year Variance • Average performing loans up 1%; driven by growth in Average client deposits stable; mix shift towards higher consumer direct and CRE, partially offset by declines in C&I • cost deposits and home equity → $3.5 billion increase in time deposits offset by → Prior year comparison impacted by sale of Premium declines in money market and noninterest bearing Assignment Corporation in 4Q 17 (included $1.3 billion deposits of C&I balances) 9 Note: Totals may not foot due to rounding

CAPITAL POSITION Basel III Common Equity Tier 1 Ratio1 Basel III Tier 1 Capital Ratio1 11.2% 10.7% 11.0% 10.9% 10.7% 9.6% 9.7% 9.8% 9.7% 9.6% 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Book Value / Tangible Book Value Per Share2 $47.16 $47.94 $47.14 $47.70 $48.00 $34.34 $34.82 $33.97 $34.40 $34.51 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Book Value Per Share Tangible Book Value Per Share 10 1. Current quarter amounts are estimated at the time of the earnings release and subject to revision 2. Please refer to slide 21 for the reconciliation of book value per share to tangible book value per share

CONSUMER SEGMENT HIGHLIGHTS %Δ %Δ Key Highlights ($ in millions) 3Q 17 2Q 18 3Q 18 Prior Qtr Prior Yr Net Interest Income $999 $1,054 $1,079 2 % 8 % • Targeted balance sheet growth continues, which improves the Company’s overall loan mix and provides Noninterest Income 482 453 445 (2)% (8)% attractive funding Total Revenue 1,481 1,507 1,524 1 % 3 % → Growth in direct consumer lending (LightStream, Provision for Credit Losses 140 7 36 NM NM Credit Card, and third party partnerships), partially offset by declines in home equity and auto Noninterest Expense 927 994 994 0 % 7 % → Targeted CD initiatives continue to drive good Net Income $264 $391 $381 (3)% 44 % deposit growth from existing and new clients → Balance sheet growth, when combined with wider Key Statistics ($ in billions) deposit spreads (due to low betas), drives strong Total Loans (average) $74.7 $74.8 $75.4 1 % 1 % increases in net interest income Client Deposits (average) $109.8 $111.6 $111.9 0 % 2 % • Noninterest income trends primarily impacted by Managed Assets $57.8 $60.3 $62.2 3 % 7 % mortgage (down $24 million YoY) and card fees → Card fees negatively impacted by $7 million in Full-Service Branches 1,275 1,222 1,217 (0)% (5)% 3Q 18 as a result of a change in process for Efficiency Ratio 62.6% 65.9% 65.3% recognizing card rewards expense (recorded as contra revenue) Tangible Efficiency Ratio¹ 61.5% 64.8% 64.1% → Wealth management momentum continues (AUM up Mortgage Data: 3% sequentially QoQ and 7% YoY) Servicing Portfolio for Others $135.4 $140.3 $140.0 (0)% 3 % • Making core efficiency progress Production Volume $6.2 $6.3 $6.1 (2)% (0)% → When excluding discrete benefits in 3Q 17, tangible efficiency improved 230 bps YTD2 • Achieving national recognition → Received four Javelin ‘Leader’ Awards online and mobile banking capabilities → One of only four banks to receive ‘Leader’ award across four or more categories3 → Recognized as Top 5 Mortgage Servicer by JD Power → Named Top 3 Overall Auto Finance Lender by Auto Note: NM = not meaningful Finance Performance 1. Please refer to page 24 of the earnings press release for a reconciliation of efficiency ratio to tangible efficiency ratio 11 2. YTD 17 tangible efficiency ratio (TER) was 66.6%. Excluding the $55 million legal accrual reversal recorded in 3Q 17, YTD 17 TER was 67.8%. YTD 18 TER is 65.5% 3. Others were Bank of America, Navy Federal, and USAA

WHOLESALE SEGMENT HIGHLIGHTS %Δ %Δ Key Highlights ($ in millions) 3Q 17 2Q 18 3Q 18 Prior Qtr Prior Yr Net Interest Income (FTE) $547 $561 $572 2 % 5 % • Positive underlying trends affirm strategic momentum Noninterest Income 397 388 373 (4)% (6)% → Strong loan growth driven by key areas of Total Revenue (FTE) 944 949 945 0 % 0 % investment across the platform including expanded capabilities Provision/(Benefit) for Credit Losses (19) 24 25 4 % NM → Added permanent and bridge financing Noninterest Expense 421 424 433 2 % 3 % capabilities to CRE platform Net Income $341 $382 $372 (3)% 9 % → Good momentum with expansion of Aging Services vertical (within Commercial Key Statistics ($ in billions) Banking) Total Loans (average) $68.6 $69.3 $70.5 2 % 3 % → M&A and equity-related income up 7% YTD Capital markets revenue from non-CIB clients up Client Deposits (average) $49.5 $47.4 $47.8 1 % (4)% → 37% YTD, a reflection of our capabilities and Efficiency Ratio (FTE)¹ 44.6% 44.6% 45.8% OneTeam approach Tangible Efficiency Ratio (FTE)¹ 42.0% 42.3% 43.3% • Credit environment remains strong, in part driven by operating environment, but also due to consistent underwriting discipline → Wholesale NCO ratio: 16 bps in 3Q 18 | 7 bps YTD 12 Note: NM = not meaningful 1. Please refer to page 26 of the earnings press release for a reconciliation of efficiency ratio to tangible efficiency ratio

EXECUTING AGAINST OUR STRATEGIES: WELL POSITIONED FOR FUTURE SUCCESS Investment Thesis 3Q 18 Accomplishments1 • Diverse business mix enables revenue stability; improved net interest margin and solid, broad-based loan growth offset declines in noninterest income Strong & Diverse → Wholesale loan balances up 3%| Consumer loan balances up 1% Franchise; Investing → Noninterest income pressured by market conditions and client activity levels (primarily impacting capital markets and mortgage) in Growth • Committed to ongoing investments in technology → Achieving national recognition for digital capabilities2 • Favorable operating environment, ongoing efficiency initiatives, and strong credit quality drive improved financial results Improving Efficiency → NIM: 3.27% | 12 bp YoY improvement & Returns → ROTCE: 18.1%3 | 560 bp YoY improvement → EPS: $1.56 | 47% YoY improvement • On track to achieve <60% tangible efficiency ratio target (59.9% YTD)4 • Commenced 2018 Capital Plan which includes: → 52% increase in share repurchases Strong Capital → 4% YoY decline in shares outstanding Position → 25% increase in dividends → Represents 3.2% dividend yield5 • 9.6% Basel III CET1 ratio 1. Figures refer to the YoY change of 3Q 17 vs. 3Q 18 unless otherwise noted. Total revenue, net interest income, efficiency ratio, and tangible efficiency ratio are reported on a fully-taxable equivalent (FTE) basis 2. See slide 11 for details 3. Reported ROE is 13.0%. Please refer to page 22 of the earnings press release for GAAP reconciliations 13 4. Efficiency ratio (FTE) YTD is 60.6%. Please refer to slide 20 for GAAP reconciliations 5. As of October 17, 2018

APPENDIX

5-QUARTER FINANCIAL HIGHLIGHTS 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 EPS (diluted) $1.06 $1.48 $1.29 $1.49 $1.56 Adjusted EPS (diluted)1 $1.06 $1.09 $1.29 $1.49 $1.56 Efficiency Ratio (FTE) 60.1% 65.9% 62.8% 59.4% 59.8% Tangible Efficiency Ratio (FTE)2 59.2% 64.8% 62.1% 58.7% 58.9% Profitability Adjusted Tangible Efficiency Ratio (FTE)2 59.2% 59.9% 62.1% 58.7% 58.9% Net Interest Margin (FTE) 3.15% 3.17% 3.24% 3.28% 3.27% Return on Average Assets 1.04% 1.43% 1.28% 1.42% 1.44% Return on Average Common Equity 9.0% 12.5% 11.2% 12.7% 13.0% Return on Average Tangible Common Equity3 12.5% 17.2% 15.6% 17.7% 18.1% Balance Average Performing Loans ($ in billions) $144.0 $143.4 $142.2 $143.4 $145.2 Sheet Average Client Deposits ($ in billions) $159.4 $160.7 $159.2 $159.0 $159.3 NPL Ratio 0.48% 0.47% 0.50% 0.52% 0.47% NCO Ratio 0.21% 0.29% 0.22% 0.20% 0.24% ALLL Ratio 1.23% 1.21% 1.19% 1.14% 1.10% Credit & Basel III Common Equity Tier 1 Ratio (transitional) 9.6% 9.7% 9.8% 9.7% 9.6% Capital Basel III Common Equity Tier 1 Ratio (fully phased-in)4 9.5% 9.6% 9.7% 9.6% 9.4% Book Value Per Share $47.16 $47.94 $47.14 $47.70 $48.00 Tangible Book Value Per Share5 $34.34 $34.82 $33.97 $34.40 $34.51 1. Please refer to slide 5 of the 4Q 17 earnings presentation for the GAAP reconciliations 2. Please refer to slide 20 for the GAAP reconciliations 3. Please refer to page 22 of the earnings press release for GAAP reconciliations 4. For 12/31/17 and prior, fully-phased-in ratios considered a 250% risk-weighting for MSRs and deduction from capital of certain carryforward DTA, the overfunded pension asset, and other intangible assets. For 1Q 18, 2Q 18, 15 and 3Q18 the fully-phased-in ratio reflects a 250% risk-weighting for MSRs, as contemplated in the FRB’s ‘Simplifications’ NPR 5. Please refer to slide 21 for a reconcilement to book value per share

30-89 DAY DELINQUENCIES BY LOAN CLASS ($ in millions) Memo: 3Q 18 Loan 30-89 Accruing Delinquencies 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Balance Commercial & industrial 0.08% 0.06% 0.05% 0.05% 0.06% $68,203 Commercial real estate 0.02% 0.00% 0.03% 0.23% 0.03% $6,618 Commercial construction 0.00% 0.00% 0.00% 0.38% 0.00% $3,137 Total Commercial Loans 0.07% 0.06% 0.05% 0.08% 0.05% $77,958 Residential mortgages – guaranteed $452 Residential mortgages – nonguaranteed 0.27% 0.55% 0.24% 0.19% 0.26% $28,187 Home equity products 0.85% 0.71% 0.65% 0.60% 0.72% $9,669 Residential construction 0.28% 2.33% 0.11% 0.16% 0.48% $197 Guaranteed student loans $7,039 Other direct 0.44% 0.42% 0.39% 0.32% 0.38% $10,100 Indirect 1.09% 0.91% 0.71% 0.75% 0.83% $12,010 Credit cards 0.89% 0.83% 0.89% 0.84% 0.95% $1,603 Total Consumer Loans¹ 0.58% 0.65% 0.44% 0.40% 0.48% $69,257 Total SunTrust - excl. gov.-guaranteed delinquencies 1 0.29% 0.32% 0.22% 0.22% 0.24% $139,724 Impact of excluding gov.-guaranteed delinquencies 0.42% 0.48% 0.46% 0.50% 0.50% $7,491 Total SunTrust - incl. gov.-guaranteed delinquencies2 0.71% 0.80% 0.68% 0.72% 0.74% $147,215 1. Excludes delinquencies on federally guaranteed mortgages and student loans 2. Excludes mortgage loans guaranteed by GNMA that SunTrust has the option, but not the obligation, to repurchase 16 Note: Totals may not foot due to rounding

NONPERFORMING LOANS BY LOAN CLASS ($ in millions) Memo: 3Q 18 Loan Nonperforming Loans 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Balance Commercial & industrial $292 $215 $216 $296 $256 $68,203 Commercial real estate 5 24 46 45 43 $6,618 Commercial construction 1 1 - - - $3,137 Total Commercial Loans $298 $240 $262 $341 $299 $77,958 Residential mortgages – guaranteed - - - - - Residential mortgages - nonguaranteed - - - - - $452 Home equity products 161 206 253 240 225 $28,187 Residential construction 214 203 169 150 149 $9,669 Guaranteed student loans - - - - - $7,039 Other direct 6 7 8 8 7 $10,100 Indirect 7 7 4 6 6 $12,010 Credit cards - - - - - $1,603 Total Consumer Loans $399 $434 $450 $414 $396 $69,257 Total SunTrust $697 $674 $712 $755 $695 $147,215 NPLs / Total Loans 0.48% 0.47% 0.50% 0.52% 0.47% 17 Note: Totals may not foot due to rounding

NET CHARGE-OFF RATIOS BY LOAN CLASS ($ in millions) Memo: 3Q 18 Loan Net Charge-off Ratio (annualized) 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Balance Commercial & industrial 0.09 % 0.22 % 0.08 % 0.10 % 0.25 % $68,203 Commercial real estate 0.44 % (0.01)% 0.28 % (0.01)% (0.01)% $6,618 Commercial construction (0.01)% (0.01)% (0.02)% (0.00)% (0.00)% $3,137 Total Commercial Loans 0.11 % 0.19 % 0.09 % 0.09 % 0.22 % $77,958 Residential mortgages – guaranteed - - - - - $452 Residential mortgages – nonguaranteed 0.14 % 0.20 % 0.14 % 0.18 % 0.03 % $28,187 Home equity products 0.15 % 0.19 % 0.10 % 0.05 % (0.01)% $9,669 Residential construction 1.63 % 3.39 % 0.69 % 2.76 % 0.69 % $197 Guaranteed student loans - - - - - $7,039 Other direct 0.70 % 0.81 % 0.82 % 0.77 % 0.68 % $10,100 Indirect 0.59 % 0.66 % 0.67 % 0.41 % 0.52 % $12,010 Credit cards 2.55 % 2.77 % 3.21 % 3.22 % 3.13 % $1,603 Total Consumer Loans 0.33 % 0.41 % 0.37 % 0.34 % 0.27 % $69,257 Total SunTrust 0.21 % 0.29 % 0.22 % 0.20 % 0.24 % $147,215 18 Note: Totals may not foot due to rounding

NET CHARGE-OFFS BY LOAN CLASS ($ in millions) Memo: 3Q 18 Loan Net Charge-offs 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Balance Commercial & industrial $16 $37 $13 $17 $42 $68,203 Commercial real estate 6 - 4 - - $6,618 Commercial construction - - - - - $3,137 Total Commercial Loans $22 $37 $17 $17 $42 $77,958 Residential mortgages – guaranteed - - - - - $452 Residential mortgages – nonguaranteed 9 14 9 12 2 $28,187 Home equity products 5 5 3 1 (1) $9,669 Residential construction 1 3 - 2 - $197 Guaranteed student loans - - - - - $7,039 Other direct 15 18 18 17 16 $10,100 Indirect 18 20 20 12 16 $12,010 Credit cards 8 10 12 12 13 $1,603 Total Consumer Loans $56 $70 $62 $56 $46 $69,257 Total SunTrust $78 $107 $79 $73 $88 $147,215 19 Note: Totals may not foot due to rounding

RECONCILIATION: ADJUSTED EFFICIENCY RATIO (FTE) & ADJUSTED TANGIBLE EFFICIENCY RATIO (FTE) ($ in millions) 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 YTD 17 YTD 18 2013 2014 2015 2016 2017 Reported (GAAP) Basis Net Interest Income 1,430 1,434 1,441 1,488 1,512 4,199 4,440 4,853 4,840 4,764 5,221 5,633 Noninterest Income 846 833 796 829 782 2,520 2,408 3,214 3,323 3,268 3,383 3,354 Revenue 2,276 2,267 2,237 2,317 2,294 6,719 6,848 8,067 8,163 8,032 8,604 8,987 Noninterest Expense¹ 1,391 1,520 1,417 1,390 1,384 4,243 4,191 5,831 5,543 5,160 5,468 5,764 Efficiency Ratio 61.1% 67.0% 63.3% 60.0% 60.3% 63.2% 61.2% 72.3% 67.9% 64.2% 63.6% 64.1% Reconciliation: Net Interest Income 1,430 1,434 1,441 1,488 1,512 4,199 4,440 4,853 4,840 4,764 5,221 5,633 FTE Adjustment 37 38 20 22 22 107 65 127 142 142 138 145 Net Interest Income-FTE 1,467 1,472 1,461 1,510 1,534 4,306 4,505 4,980 4,982 4,906 5,359 5,778 Noninterest Income 846 833 796 829 782 2,520 2,408 3,214 3,323 3,268 3,383 3,354 Revenue-FTE 2,313 2,305 2,257 2,339 2,316 6,826 6,913 8,194 8,305 8,174 8,742 9,132 Efficiency Ratio-FTE 60.1% 65.9% 62.8% 59.4% 59.8% 62.2% 60.6% 71.2% 66.7% 63.1% 62.6% 63.1% Adjustment Items (Noninterest Income): GSE mortgage repurchase settlements (63) RidgeWorth sale 105 Premium Assignment Corporation sale 107 107 Securities & MSR losses in connection with tax reform-related actions (114) (114) Adjusted Noninterest Income 846 840 796 829 782 2,520 2,408 3,277 3,218 3,268 3,383 3,361 Adjusted Revenue-FTE² 2,313 2,313 2,257 2,339 2,316 6,826 6,913 8,257 8,200 8,174 8,742 9,139 Noninterest Expense¹ 1,391 1,520 1,417 1,390 1,384 4,243 4,191 5,831 5,543 5,160 5,468 5,764 Adjustment Items (Noninterest Expense): Impact of certain legacy mortgage legal matters 323 324 Mortgage servicing advances allowance increase 96 Efficiency related charges as outlined in 12/4/17 8-K 36 36 Contribution to communities / teammates in connection with tax-reform 75 75 Adjusted Noninterest Expense² 1,391 1,409 1,417 1,390 1,384 4,243 4,191 5,412 5,219 5,160 5,468 5,653 Amortization Expense 22 25 15 17 19 49 51 23 25 40 49 75 Adjusted Tangible Expenses² 1,369 1,384 1,402 1,373 1,365 4,194 4,140 5,389 5,194 5,120 5,419 5,578 Adjusted Efficiency Ratio-FTE³ 60.1% 60.9% 62.8% 59.4% 59.8% 62.2% 60.6% 65.6% 63.7% 63.1% 62.6% 61.9% Adjusted Tangible Efficiency Ratio-FTE³ 59.2% 59.9% 62.1% 58.7% 58.9% 61.4% 59.9% 65.3% 63.3% 62.6% 62.0% 61.0% 1. In accordance with updated GAAP, amortization of affordable housing investments were reclassified and are now presented in provision for income taxes for 2013. Previously, the amortization was presented in other noninterest expense 2. Adjusted revenue and expenses are provided as they remove certain items that are material and potentially non-recurring. Adjusted figures are intended to provide management and investors information on trends that are more comparable across periods and potentially more comparable across institutions 20 3. Represents adjusted noninterest expense / adjusted revenue–FTE. Adjusted tangible efficiency ratio excludes amortization expense, the impact of which is (0.95%), (1.08%), (0.66%), (0.73%), (0.82%), (0.72%), (0.74%), (0.28%), (0.30%), (0.49%), (0.56%) and (0.82%) for 3Q 17, 4Q 17, 1Q 18, 2Q 18, 3Q 18, YTD 17, YTD 18, 2013, 2014, 2015, 2016, and 2017, respectively

RECONCILIATION: OTHER NON-GAAP MEASURES ($ in billions, except per-share data) 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 Total Shareholders' Equity $24.5 $25.2 $24.3 $24.3 $24.1 Goodwill, Net of Deferred Taxes (6.1) (6.2) (6.2) (6.2) (6.2) Other Intangible Assets Including MSRs, Net of Deferred Taxes (1.7) (1.8) (2.0) (2.0) (2.1) MSRs 1.7 1.8 2.0 2.0 2.1 Tangible Equity $18.4 $19.0 $18.1 $18.1 $18.0 Noncontrolling Interest (0.1) (0.1) (0.1) (0.1) (0.1) Preferred Stock (2.0) (2.5) (2.0) (2.0) (2.0) Tangible Common Equity $16.3 $16.4 $16.0 $16.0 $15.8 Total Assets 208.3 206.0 204.9 207.5 211.3 Goodwill (6.3) (6.3) (6.3) (6.3) (6.3) Other Intangible Assets Including MSRs, Net of Deferred Taxes (1.7) (1.8) (2.0) (2.0) (2.1) MSRs 1.7 1.8 2.0 2.0 2.1 Tangible Assets $201.9 $199.6 $198.5 $201.2 $204.9 Book Value Per Common Share $47.16 $47.94 $47.14 $47.70 $48.00 Tangible Book Value Per Common Share $34.34 $34.82 $33.97 $34.40 $34.51 21 Note: Totals may not foot due to rounding