EX-11.1 3 dex111.htm EXHIBIT 11.1 Exhibit 11.1

EXHIBIT 11.1

 

SunTrust Banks, Inc.

Statement re: Computation of Per Share Earnings

(In thousands, except per share data)

 

     Year Ended December 31
     2005
    2004
    2003
    2002
    2001
    2000

Basic

                              

Net income

    $1,987,239    $1,572,901    $1,332,297    $1,331,809    $1,375,537    $1,294,100

Average basic common shares

    359,066    299,375    278,295    282,495    287,702    297,834
    
  
  
  
  
  

Earnings per common share - basic

    $5.53    $5.25    $4.79    $4.71    $4.78    $4.35
    
  
  
  
  
  

Diluted

                              

Net income

    $1,987,239    $1,572,901    $1,332,297    $1,331,809    $1,375,537    $1,294,100

Average common shares outstanding

    359,066    299,375    278,295    282,495    287,702    297,834

Incremental shares outstanding 1

    4,388    3,934    3,139    3,557    3,882    3,122
    
  
  
  
  
  

Average diluted common shares

    363,454    303,309    281,434    286,052    291,584    300,956
    
  
  
  
  
  

Earnings per common share - diluted

    $5.47    $5.19    $4.73    $4.66    $4.72    $4.30
    
  
  
  
  
  

 

1 Includes the incremental effect of stock options and restricted stock outstanding computed under the treasury stock method.