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Capital (Tables)
12 Months Ended
Dec. 31, 2018
Class of Stock [Line Items]  
Dividends Declared [Table Text Block]
 
Year Ended December 31
(Dollars in millions, except per share data)
2018
 
2017
 
2016
Common stock:
 
 
 
 
 
Dividends declared

$826

 

$634

 

$498

Dividends declared per share
1.80

 
1.32

 
1.00

Preferred stock:
 
 
 
 
 
Dividends declared

$107

 

$94

 

$66

Dividends declared per share:
 
 
 
 
 
Series A
4,056

 
4,056

 
4,067

Series B
4,056

 
4,056

 
4,067

Series E 1
1,469

 
5,875

 
5,875

Series F
5,625

 
5,625

 
5,625

Series G
5,050

 
3,128

 

Series H
5,566

 
669

 

1 All 4,500 shares of outstanding Series E Preferred Stock were redeemed in the first quarter of 2018.
Assets Subject to Regulatory Capital Requirements
 
2018
 
2017
(Dollars in millions)
Amount
 
Ratio
 
Amount
 
Ratio
SunTrust Banks, Inc.
 
 
 
 
 
 
 
CET1

$17,258

 
9.21
%
 

$17,141

 
9.74
%
Tier 1 capital
19,306

 
10.30

 
19,622

 
11.15

Total capital
22,517

 
12.02

 
23,028

 
13.09

Leverage
 
 
9.26

 
 
 
9.80

 
 
 
 
 
 
 
 
SunTrust Bank
 
 
 
 
 
 
 
CET1

$20,137

 
11.01
%
 

$19,474

 
11.29
%
Tier 1 capital
20,160

 
11.02

 
19,496

 
11.31

Total capital
22,564

 
12.33

 
22,132

 
12.83

Leverage
 
 
9.95

 
 
 
9.97

Preferred Stock [Table Text Block]
(Dollars in millions)
2018
 
2017
 
2016
Series A

$172

 

$172

 

$172

Series B
103

 
103

 
103

Series E 1

 
450

 
450

Series F
500

 
500

 
500

Series G
750

 
750

 

Series H
500

 
500

 

Total preferred stock

$2,025

 

$2,475

 

$1,225

1 All 4,500 shares of outstanding Series E Preferred Stock were redeemed in the first quarter of 2018.
Schedule of Stock by Class The following table presents information related to the Company’s preferred stock outstanding at December 31, 2018:
 Preferred 1
 Stock
 
Issue Date
 
Number of Shares Authorized
 
Number of Shares Issued
 
Number of Shares Outstanding
 
Dividend Dates
 
  Annual Per 2
Share Dividend Rate
 
Optional Redemption Date
 
Redemption Price Per Share
Series A
 
9/12/2006
 
5,000
 
5,000
 
1,725
 
Quarterly
beginning on December 15, 2006
 
Greater of 3-month LIBOR plus 0.53% per annum or 4.00%
 
9/15/2011
 
$100,000
Series B
 
12/15/2011
 
5,010
 
1,025
 
1,025
 
Quarterly beginning on March 15, 2012
 
Greater of 3-month LIBOR plus 0.645% per annum or 4.00%
 
12/15/2011
 
100,000
Series F
 
11/7/2014
 
5,000
 
5,000
 
5,000
 
Semi-annually beginning on
June 15, 2015 until December 15, 2019
 
5.625% until December 15, 2019
 
 12/15/2019 3
 
100,000
 
Quarterly beginning on March 15, 2020
 
3-month LIBOR plus 3.86% per annum beginning on March 15, 2020
 
Series G
 
5/2/2017
 
7,500
 
7,500
 
7,500
 
Semi-annually beginning on December 15, 2017 until June 15, 2022
 
5.05% until
June 15, 2022
 
 6/15/2022 3
 
100,000
 
Quarterly
beginning on September 15, 2022
 
3-month LIBOR plus 3.102%
per annum beginning on September 15, 2022
 
Series H
 
11/14/2017
 
5,000
 
5,000
 
5,000
 
Semi-annually beginning on
June 15, 2018 until December 15, 2027
 
5.125% until December 15, 2027
 
 12/15/2027 3
 
100,000
 
Quarterly beginning on March 15, 2028
 
3-month LIBOR plus 2.786% per annum beginning on March 15, 2028
 
1 All series of preferred stock have no par value, $100,000 liquidation preference per share, and no voting rights.
2 Dividends on the shares are noncumulative.
3 Redeemable at the option of the Company on or after the date stated or any time within 90 days following a regulatory capital event.