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) July 19, 2007

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)	(IRS Employer Identification No.)

303 Peachtree St., N.E., Atlanta, Georgia	30308
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (404) 588-7711

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))

Item 2.02 Results of Operations and Financial Condition.

Item 7.01 Regulation FD Disclosure.

The following information is furnished pursuant to Item 2.02, “Results of Operations and Financial Condition” and Item 7.01, “Regulation FD Disclosure”. 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 in another filing under the Exchange Act or Securities Act of 1933 if such subsequent filing specifically references this Form 8-K.

On July 19, 2007, SunTrust Banks, Inc. (the “Registrant”) announced financial results for the second quarter ended June 30, 2007. A copy of the news release announcing the Registrant’s results for the second quarter ended June 30, 2007 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 financial results for the second quarter ended June 30, 2007 on July 19, 2007, at 8:00 a.m. Eastern time. Additional presentation materials relating to such call are attached hereto as Exhibit 99.2 and are incorporated herein by reference.

All information in the news release and the 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 and/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 July 19, 2007 (furnished with the Commission as a part of this Form 8-K).
99.2	Presentation materials dated July 19, 2007 (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: July 19, 2007.	By:	/s/ Thomas E. Panther
		Thomas E. Panther,
		Senior Vice President and Controller

EX-99.1

Exhibit 99.1

News Release

Contact:
Investors	Media
Greg Ketron	Barry Koling
(404) 827-6714	(404) 230-5268

For Immediate Release

July 19, 2007

SunTrust Second Quarter 2007 Earnings Reflect Positive Impact of

Shareholder Value Initiatives

Efficiency and Productivity Initiatives and Balance Sheet Management Strategies Contribute to

Earnings Per Share of $1.89; Includes $0.41 Per Share Gain on Partial Sale of The Coca-Cola

Company Stock

ATLANTA— SunTrust Banks, Inc. (NYSE: STI) today reported net income available to common shareholders for the second quarter of 2007 of $673.9 million compared to $544.0 million in the second quarter of 2006. Net income per average common diluted share was $1.89 compared to $1.49 in the second quarter of 2006. The results included a $145.6 million after-tax gain on sale of 4.5 million shares, or 9%, of the Company’s common stock holdings of The Coca-Cola Company (Coke). Excluding the gain on sale of Coke stock, net income available to common shareholders was $528.3 million, or $1.48 per average common diluted share, for the second quarter of 2007.

“We are pleased to report that our intensified and continuing focus on driving shareholder value contributed significantly to the Company’s performance in the second quarter,” said James M. Wells III, President and Chief Executive Officer of SunTrust. Mr. Wells noted that the shareholder value initiatives helped deliver positive operating leverage for the quarter, with solid revenue growth and strong expense management helping to offset the impact of higher credit costs.

The Company’s initiatives to drive shareholder value announced during the first half of this year include the E² Efficiency and Productivity Program and balance sheet and capital management strategies. The E² Efficiency and Productivity Program initiatives produced $51.8 million in cost savings for the second quarter of 2007, bringing the year-to-date cost savings to $80.6 million. The cost savings to date have primarily come from supplier management, offshoring/outsourcing, and process reengineering-related initiatives. Additional initiatives are either being implemented or are under review, and the expectation is that the program will produce $181 million in cost savings for the full year of 2007, $350 million in 2008, and $530 million in 2009, representing over 10% of the Company’s current full-year expense base.

The balance sheet and capital management strategies initiated in the first half of this year have resulted in selling or replacing lower-yielding investment securities and mortgage loans with higher-yielding assets, de-levering the balance sheet, and using the resulting capital flexibility to repurchase shares through an accelerated share repurchase program and open-market purchases, which together totaled over $850 million in the second quarter. The Company’s capital management strategies also included the partial liquidation of the Coke holdings during the second quarter and the evaluation of alternatives for the remaining 43.7 million shares.

Several of the Company’s key financial performance measures improved as a result of these initiatives, as the return on assets and equity, net interest margin, and the efficiency ratio improved in the second quarter from the first quarter of 2007.

Second Quarter 2007 Consolidated Highlights

	2nd Quarter 2007	2nd Quarter 2006	% Change
Income Statement
(Dollars in millions, except per share data)
Net income available to common shareholders	$673.9	$544.0	24	%
Net income available to common shareholders excluding Coke gain	528.3	544.0	(3	)%
Net income per average common diluted share	1.89	1.49	27	%
Net income per average common diluted share excluding Coke gain	1.48	1.49	(1	)%
Revenue – fully taxable-equivalent	2,374.6	2,065.4	15	%
Revenue – fully taxable-equivalent excluding Coke gain	2,139.8	2,065.4	4	%
Provision for loan losses	104.7	51.8	102	%
Noninterest income	1,154.6	875.4	32	%
Noninterest income excluding Coke gain	919.8	875.4	5	%
Noninterest expense	1,251.2	1,214.1	3	%
Net interest margin	3.10%	3.00%
Efficiency ratio	52.69%	58.78%
Efficiency ratio excluding Coke gain	58.47%	58.78%
Balance Sheet
(Dollars in billions)
Average loans	$118.2	$120.1	(2	)%
Average consumer and commercial deposits	97.9	97.2	1	%
Capital Tier 1 capital ratio (1) Total average shareholders’ equity to total average assets Tangible equity to tangible assets	7.5% 9.96% 5.85%	7.31% 9.57% 5.81%
Asset Quality Net charge-offs to average loans (annualized) Nonperforming loans to total loans	0.30% 0.64%	0.10% 0.27%
(1) Current period Tier 1 capital ratio is estimated as of the earnings release date.

• Net income available to common shareholders increased 24% and net income per average common diluted share increased 27% from the second quarter of 2006, due to a $145.6 million after-tax gain on sale of Coke stock. Excluding this gain, net income available to common shareholders decreased 3% and net income per average common diluted share decreased 1% from the second quarter of 2006 as fully taxable-equivalent revenue growth outpaced expense growth; however, this net growth was not enough to offset the $52.9 million, or 102%, increase in provision for loan losses.

• Fully taxable-equivalent revenue increased 15% from the second quarter of 2006. Excluding the gain on sale of Coke stock, fully taxable-equivalent revenue increased 4% due to a 3% increase in fully taxable-equivalent net interest income and noninterest income growth of 5%. On a sequential annualized basis, excluding the gain on sale of Coke stock, fully taxable-equivalent revenue increased 14% from the first quarter of 2007.

• Fully taxable-equivalent net interest income increased 3% from the second quarter of 2006. Net interest margin for the second quarter of 2007 was 3.10%, a 10 basis point improvement from the second quarter of 2006. Compared to the first quarter of 2007, fully taxable-equivalent net interest income improved 11% on a sequential annualized basis and net interest margin improved 8 basis points. The increase in fully taxable-equivalent net interest income and net interest margin were largely the result of the balance sheet management strategies executed in the first and second quarters of 2007.

• Noninterest income growth from the second quarter of 2006 occurred across several categories, including increases in service charges on deposit accounts, retail investment services income, other charges and fees, card fees, mortgage production and servicing income, and other noninterest income, mainly due to gains generated on private equity investments and structured leasing transactions.

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• Noninterest expense increased 3% from the second quarter of 2006 due in part to the Company’s election to record certain newly-originated mortgage loans held-for-sale at fair value during the second quarter of 2007. This election resulted in a $12.4 million increase in compensation expense as origination costs associated with these loans are no longer deferred. Expense growth during the quarter was also affected by the reversal of a leverage leasing-related reserve in the second quarter of 2006 that reduced noninterest expense by $10.9 million in that period. Excluding the impact of these two items, expense growth was only 1%.

• The efficiency ratio benefited from the positive operating leverage generated in the second quarter of 2007. The efficiency ratio was 52.69% for the second quarter of 2007; excluding the gain on sale of Coke stock, it was 58.47%. Both ratios reflect improvement from the second quarter of 2006 and first quarter of 2007.

• Total average loans decreased 2% and total average consumer and commercial deposits increased 1% from the second quarter of 2006. The decline in loans was due to approximately $10 billion of loan sales associated with specific balance sheet management strategies that began in the second quarter of 2006 and were accelerated in the first half of 2007. Average consumer and commercial deposit growth was driven mainly by NOW account and consumer and other time deposit growth.

• The tier 1 capital and tangible equity to tangible asset ratios increased as the Company took steps to improve these ratios over the past year, the most significant of which was the capital restructuring program executed in the second-half of 2006. The tier 1 capital ratio improved an estimated 19 basis points from June 30, 2006, to approximately 7.5% as of June 30, 2007, and the tangible equity to tangible asset ratio improved 4 basis points to 5.85% over the same period. The balance sheet management strategies executed in the first half of 2007 provided the Company enough flexibility to repurchase approximately $850 million, or 8.7 million shares, of common stock through an accelerated share repurchase agreement and open market purchases and still improve its capital ratios.

• Annualized net charge-offs were 0.30% of average loans for the second quarter of 2007, up from 0.10% of average loans in the second quarter of 2006 and 0.21% of average loans in the first quarter of 2007. The increase reflects the normalization of the credit cycle from the historically low net charge-offs experienced in the first half of 2006 in addition to the negative impact from deterioration in certain segments of the consumer real estate market. The increase in net charge-offs was most pronounced in the commercial, home equity, and residential mortgage categories.

• Nonperforming loans to total loans increased to 0.64% as of June 30, 2007, from 0.27% as of June 30, 2006, due mainly to an increase in residential mortgage nonperforming loans. The increase has been driven by the maturation of this portfolio and the deterioration of the credit quality in Alternative A (“Alt-A”) mortgage loans.

CONSOLIDATED FINANCIAL PERFORMANCE

Revenue

Fully taxable-equivalent revenue was $2,374.6 million for the second quarter of 2007, up 15% from the second quarter of 2006. Excluding the gain on Coke stock, fully taxable-equivalent revenue increased 4% driven by growth in both net interest income and noninterest income. On a sequential annualized basis, excluding the gain on sale of Coke stock, fully taxable-equivalent revenue increased 14% from the first quarter of 2007.

For the six months ended June 30, 2007, fully taxable-equivalent revenue was $4,441.8 million, up 8% from the same period in 2006. Excluding the gain on Coke stock, fully taxable-equivalent revenue was up 2% from the six months ended June 30, 2006, also driven by growth in both net interest income and noninterest income.

Net Interest Income

Fully taxable-equivalent net interest income was $1,220.0 million in the second quarter of 2007, an increase of 3% from the second quarter of 2006. Net interest margin for the second quarter of 2007 was 3.10%, a 10 basis point improvement from the second quarter of 2006. On a sequential annualized basis,

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fully taxable-equivalent net interest income improved 11% from the first quarter of 2007. Net interest margin increased 8 basis points from the first quarter of 2007 marking the second consecutive 8 basis point sequential quarter improvement. The increases in both fully taxable-equivalent net interest income and net interest margin were driven mainly by the balance sheet management strategies executed in the first half of this year, which has resulted in improved yields on earning assets, as well as de-levering the balance sheet and reducing the level of higher-cost wholesale funding. Average earning asset yields increased 5 basis points compared to the first quarter of 2007, while average interest bearing liability costs remained flat.

For the six months ended June 30, 2007, fully taxable-equivalent net interest income was $2,408.2 million, up 1% from the same period in 2006 while the net interest margin remained flat at 3.06% for the six months ended June 30, 2007 and 2006. The stable fully taxable-equivalent net interest income and net interest margin over this period is mainly attributable to the balance sheet management strategies executed this year.

Noninterest Income

Total noninterest income was $1,154.6 million for the second quarter of 2007, up 32% from the second quarter of 2006 driven in large part by the $234.8 million gain on sale of Coke stock. Noninterest income excluding the Coke stock gain increased 5%. The increase was driven by growth in several areas, including retail investment services, card fees, mortgage production and servicing-related income, and other noninterest income. Growth in retail investment services income was driven by strong annuity sales. Card fee growth was due to higher interchange fees. Mortgage production fee growth was driven by record mortgage production in the second quarter of nearly $18 billion, a 20% increase over the second quarter of 2006, nearly $3 billion of portfolio loans sold in the second quarter of 2007, and the election in the second quarter to record certain newly-originated mortgage loans held-for-sale at fair value under the provisions of SFAS 159, thereby alleviating the burdens and complexities of qualifying for hedge accounting on the mortgage warehouse. This election impacts the timing of recognition of origination fees and costs, as well as servicing value. Specifically, origination fees and costs, which had been deferred and recognized as part of the gain/loss on sale of the loan, are now recognized in earnings at time of origination. The servicing value, which had been recorded at the time the loan was sold, is now included in the fair value of the loan and recognized at origination. Mortgage servicing income increased primarily due to higher servicing fee income derived from a larger serving portfolio, partially offset by lower gains from servicing asset sales. The increase in other noninterest income was due mainly to gains generated on private equity investments and structured leasing transactions, including a $23.4 million gain on one private equity investment transaction. Net of related expenses, the pre-tax impact on income from the transaction totaled $19.3 million, or $12.0 million after-tax. Negatively impacting noninterest income was a decline in trading income due to negative market value adjustments on assets and liabilities carried at fair value, as well as a decline in trust income due to the merger of Lighthouse Partners into Lighthouse Investment Partners in the first quarter of 2007 and the sale of the corporate bond trustee business in the third quarter of 2006.

On a sequential annualized basis excluding the Coke stock gain, noninterest income increased 19% from the first quarter of 2007 due to similar reasons noted previously for the growth over the second quarter of 2006. In addition, strong growth occurred in investment banking income led by an increase in securitization fees. Other items of note were an $11.6 million gain on the sale of servicing rights that accounted for the increase in mortgage servicing-related income over the first quarter of 2007, as well as the impact of the fair value adoption in the first quarter on trading income and mortgage production-related income. This explains a majority of the variance in these two categories on a sequential annualized basis as trading income was positively impacted and mortgage production-related income was negatively impacted by the fair value adoption in the first quarter.

For the six months ended June 30, 2007, noninterest income was $2,033.5 million, an increase of 18% from the same period in 2006. Excluding the gain on Coke stock, noninterest income increased 4% compared to the six months ended June 30, 2006. The factors contributing to the growth were similar to those noted for the growth over the same quarter of last year and on a sequential annualized basis.

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Noninterest Expense

Total noninterest expense in the second quarter of 2007 was $1,251.2 million, up 3% from the second quarter of 2006. The second quarter of 2007 expense level included the impact of the Company’s election to record certain newly-originated mortgage loans held-for-sale at fair value. Under this election, costs associated with the origination of mortgage loans held-for-sale are recognized as a component of compensation expense when the loan is originated. Prior to election, these costs were deferred and recognized as part of the gain/loss on sale of the loan. The impact of this election was to increase compensation expense by $12.4 million in the quarter. Also impacting the rate of expense growth was the reversal of a leverage lease-related reserve in the second quarter of 2006 that reduced noninterest expense by $10.9 million. Excluding the impact of these two items, expense growth was only 1%, demonstrating the impact the E² initiatives had on controlling expense growth. The initiatives generated $51.8 million of cost saves in the second quarter of 2007. Initial implementation costs associated with the E² initiatives totaled $12.4 million in the second quarter of 2007 and were offset by E²-related corporate real estate gains of $13.2 million in the quarter. On a sequential annualized basis, taking into account the impact of electing to record certain newly-originated mortgage loans held-for-sale at fair value, initial implementation costs associated with the E² initiative, and E²-related corporate real estate gains, expense growth was a modest 4%.

For the six months ended June 30, 2007, noninterest expense was $2,487.2 million, an increase of 2% compared to the same period in 2006. This increase was driven by initial implementation costs associated with E² initiatives totaling $26.2 million in 2007, partially offset by corporate real estate gains of $17.4 million, as well as the $12.4 million of compensation expense associated with electing to record certain newly-originated mortgage loans held-for-sale at fair value and the benefit of the leverage lease-related reserve reversal in 2006. Taking these items into account, expense growth was only 1% compared to the six months ended June 30, 2006. The E² initiatives have generated $80.6 million in cost savings for the six months ended June 30, 2007.

Balance Sheet

As of June 30, 2007, SunTrust had total assets of $180.3 billion. Shareholders’ equity of $17.4 billion as of June 30, 2007, represented 10% of total assets. Book value per common share was $48.33 as of June 30, 2007.

Loans

Average loans for the second quarter of 2007 were $118.2 billion, down nearly $2 billion, or 2%, from the second quarter of 2006. The decline was due to balance sheet management strategies implemented since the second quarter of 2006 and accelerated in the first half of 2007. The strategies resulted in the sale of nearly $10 billion in loans over the past year, which included the sale of approximately $5.9 billion in mortgage loans, $1.8 billion in student loans, and $1.9 billion in corporate loans. Average loans were down $3.4 billion from the first quarter of 2007 due to $4.1 billion in mortgages moved to loans held-for-sale late in the first quarter and $1.9 billion of corporate loans sold in March. Taking into account the loan sales, the Company had underlying loan growth across most categories.

Deposits

Average consumer and commercial deposits for the second quarter of 2007 were $97.9 billion, up 1% from the second quarter of 2006. The increase in deposits was driven by growth in NOW accounts and consumer and other time deposits. The growth in these categories was offset by declines in demand deposit, money market, and savings account balances. Given market conditions and the higher-rate environment, customer preference has been for higher-yielding products. This demand has driven the continuation of the deposit mix shift away from lower-rate products, such as demand deposits, toward higher-rate products, such as time deposits or other alternative investment products with higher returns. The alternative investment products include securities sold under agreement to repurchase and off-balance sheet products,

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such as STI Classic money market mutual funds. Total brokered and foreign deposits declined 12% from the second quarter of 2006, as the Company strategically reduced the size of its loan and securities portfolios thereby reducing reliance on these higher cost funding sources.

On a sequential annualized basis, average consumer and commercial deposits increased 1% from the first quarter of 2007, driven by an 8% sequential annualized increase in demand deposits. The Company continues to pursue deposit growth initiatives, as well as increasing our presence in specific markets within our footprint.

Capital

The tier 1 capital and tangible equity to tangible asset ratios increased as the Company took steps to improve these ratios over the past year, the most significant of which was the capital restructuring program executed in the second-half of 2006. The tier 1 capital ratio improved an estimated 19 basis points from June 30, 2006, to approximately 7.5% as of June 30, 2007, and the tangible equity to tangible asset ratio improved 4 basis points to 5.85% over the same period. Given the flexibility gained through the balance sheet management strategies executed in the first half of 2007, the Company repurchased 8.7 million shares of common stock for approximately $850 million through an accelerated share repurchase agreement and open-market purchases during the second quarter. Under the terms of the accelerated share repurchase agreement, which resulted in the repurchase of 8.0 million shares in the second quarter, the Company may receive up to 1.7 million additional shares at the expiration of the agreement’s term, which is now expected to occur in late August of 2007, without additional payment. The number of additional shares will be based on the weighted average share price of SunTrust common stock between now and the expiration date.

Asset Quality

Annualized net charge-offs in the second quarter of 2007 were 0.30% of average loans, up from 0.10% in the second quarter of 2006 and 0.21% in the first quarter of 2007. Net charge-offs were $88.3 million in the second quarter of 2007 compared to $29.1 million in the second quarter of 2006 and $62.9 million in the first quarter of 2007. The increase in net charge-offs over the second quarter of 2006 reflects the normalization in the credit cycle from historically low net charge-offs experienced in the first half of 2006 in addition to the negative impact from deterioration in certain segments of the consumer real estate market. The increase in net charge-offs from both the second quarter of 2006 and first quarter of 2007 was most pronounced in the commercial, home equity, and residential mortgage categories.

Nonperforming loans were $764.6 million, or 0.64% of total loans as of June 30, 2007, compared to $327.3 million, or 0.27% of total loans as of June 30, 2006, and $665.1 million, or 0.57% of total loans as of March 31, 2007. The increase in nonperforming loans compared to both periods was mainly due to an increase in residential mortgage nonperforming loans. The increase in residential mortgage nonperforming loans was driven by the maturation of this portfolio and the deterioration of credit quality in Alt-A mortgage loans, of which the majority is well-collateralized or insured.

The allowance for loan and lease losses increased $16.4 million from March 31, 2007, to $1,050.4 million as of June 30, 2007. The increase in the allowance for loan and lease losses was mainly attributable to a $1.9 billion increase in period-end loans compared to March 31, 2007, and the deterioration in certain segments of the consumer real estate market, and resulted in a $48.2 million increase in provision for loan losses compared to the first quarter of 2007. The allowance for loan and lease losses as of June 30, 2007, represented 0.88% of period-end loans consistent with March 31, 2007. The allowance for loan and lease losses as of June 30, 2007, represented 137% of period-end nonperforming loans.

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LINE OF BUSINESS FINANCIAL PERFORMANCE

The following discussion details results for SunTrust’s five business lines: Retail, Commercial, Corporate and Investment Banking, Mortgage and Wealth and Investment Management. All revenue is reported on a fully taxable-equivalent basis. For the lines of business, results include net interest income which is computed using matched-maturity funds transfer pricing. Further, provision expense is represented by net charge-offs.

SunTrust also reports results for Corporate Other and Treasury, which includes the Treasury department as well as the residual expense associated with operational and support expense allocations. This segment also includes differences created between internal management accounting practices and generally accepted accounting principles, certain matched-maturity funds transfer pricing credits and charges, differences in provision expense compared to net charge-offs, as well as equity and its related impact.

Retail

preliminary data (in millions)	2nd Quarter 2007	2nd Quarter 2006	% Change
Net income	$158.9	$184.0	(14) %
Revenue - fully taxable-equivalent	848.2	856.3	(1)
Average total loans	31,579.1	30,437.9	4
Average total deposits	68,743.8	69,539.7	(1)

Three Months Ended June 30, 2007 vs. 2006

Retail’s net income for the second quarter of 2007 was $158.9 million, a decrease of $25.0 million, or 14%, compared to the second quarter of 2006. The decrease was primarily the result of lower net interest income and higher net charge-offs partially offset by higher noninterest income.

Net interest income decreased $10.0 million, or 2%, driven by the continued shift in deposit mix to higher-rate deposit products and a $795.9 million, or 1%, decline in average deposits. Specifically, increases in higher-cost time deposits and certain NOW account products were more than offset by declines in lower-cost money market and demand deposit balances, as customer preference continues to favor higher-yielding deposit products. Net interest income was also negatively impacted by a $1.2 billion, or 68%, decrease in average loans held-for-sale, as Retail has strategically decreased exposure in relatively low spread, third-party student loans. Positively impacting net interest income was a $1.1 billion, or 4%, increase in average loans driven by growth in home equity, business banking, and newly-originated student loans. These increases were partially offset by a decrease in indirect auto loans.

Provision for loan losses increased $29.7 million reflecting normalization of the credit cycle from historically low net charge-offs experienced in the first half of 2006 in addition to the negative impact from deterioration in certain segments of the consumer real estate market. The increase compared to the second quarter of 2006 was most pronounced in home equity products.

Total noninterest income increased $1.9 million, or 1%, from the second quarter of 2006. This increase was driven primarily by increases in interchange income driven by higher transaction volume and increases in service charges on deposit accounts due to higher collection rates. These increases were partially offset by a decrease in gains on sales of student loans.

Total noninterest expense increased $2.6 million, or 1%, from the second quarter of 2006. Increases in personnel expense related to investments in the branch distribution network and business banking were partially offset by a decrease in amortization of core deposit intangibles.

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Six Months Ended June 30, 2007 vs. 2006

Retail’s net income for the six months ended June 30, 2007, was $320.1 million, a decrease of $34.7 million, or 10%, compared to the same period in 2006. The decrease was primarily the result of lower net interest income and higher net charge-offs.

Net interest income decreased $9.1 million, or 1%, driven by the continued shift in deposit mix to higher-rate deposit products. Average deposits increased $630.7 million, or 1%, as increases in higher-cost time deposits and certain NOW account products were partially offset by declines in lower-cost money market and demand deposit balances, as customer preference continues to favor higher-yielding deposit products. Net interest income was also negatively impacted by a $1.0 billion, or 58%, decrease in average loans held-for-sale, as Retail has strategically decreased exposure in relatively low spread, third-party student loans. Positively impacting net interest income was a $569.9 million, or 2%, increase in average loans driven by growth in home equity and business banking loans. These increases were partially offset by a decrease in indirect auto and student loans.

Provision for loan losses increased $55.0 million reflecting normalization of the credit cycle from historically low net charge-offs experienced in the first half of 2006 in addition to the negative impact from deterioration in certain segments of the consumer real estate market. The increase compared to the first half of 2006 was most pronounced in home equity products.

Total noninterest income increased $3.4 million, or 1%. This increase was driven primarily by increases in interchange income driven by higher transaction volume and increases in service charges on deposit accounts due to higher collection rates. These increases were partially offset by a decrease in gains on sales of student loans.

Total noninterest expense decreased $4.8 million, or less than 1%. Decreases in amortization of core deposit intangibles, new loan production expense, and shared corporate expenses were partially offset by an increase in personnel expense related to investments in the branch distribution network and business banking.

Commercial

preliminary data (in millions)	2nd Quarter 2007	2nd Quarter 2006	% Change
Net income	$100.6	$107.1	(6) %
Revenue - fully taxable-equivalent	303.7	312.8	(3)
Average total loans	33,258.5	32,821.8	1
Average total deposits	14,275.6	13,641.3	5

Three Months Ended June 30, 2007 vs. 2006

Commercial’s net income for the second quarter of 2007 was $100.6 million, a decrease of $6.5 million, or 6%. The decrease was primarily driven by lower net interest income partially offset by higher noninterest income.

Net interest income decreased $12.6 million, or 5%, as the continued shift in deposit mix to higher-rate products decreased net interest income $11.4 million. The compression in deposit spreads was primarily due to a decrease in demand deposits, as customers redeployed liquidity in the current rate environment to higher-yielding NOW account and off-balance sheet sweep products. Total average deposits increased $634.2 million, or 5%, as increases in institutional and government deposits were partially offset by decreases in lower-cost demand deposits and money market accounts. Average loans increased $436.7 million, or 1%, resulting in a $0.6 million increase in net interest income. The average loan growth was most prominent in construction and commercial lending products.

Provision for loan losses increased $1.1 million compared to the second quarter of 2006.

Total noninterest income increased $3.4 million, or 5%, driven by increases in service charges on deposit accounts and other miscellaneous income, partially offset by a decrease in business credit card income.

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Total noninterest expense decreased $2.6 million, or 2%. Decreases in various discretionary expenses, credit and collection services expenses, and shared corporate expenses were partially offset by increased Affordable Housing-related expenses.

Six Months Ended June 30, 2007 vs. 2006

Commercial’s net income for the six months ended June 30, 2007, was $198.8 million, a decrease of $11.9 million, or 6%. The decrease was primarily driven by lower net interest income partially offset by higher noninterest income and lower noninterest expense.

Net interest income decreased $20.2 million, or 4%, as the continued shift in deposit mix to higher-rate deposit products decreased net interest income $20.7 million. The compression in deposit spreads was primarily due to a decrease in demand deposits, as customers redeployed liquidity in the current rate environment to higher-yielding NOW account and off-balance sheet sweep products. Total average deposits increased $577.1 million, or 4%, as increases in institutional and government deposits were partially offset by decreases in lower-cost demand deposits and money market accounts. Average loans increased $836.6 million, or 3%, resulting in a $3.7 million increase in net interest income. The average loan growth was most prominent in construction lending products.

Provision for loan losses increased $5.2 million, or 93%, compared to the same period in 2006. The increase was most prominent in commercial loan products.

Total noninterest income increased $3.3 million, or 2%, driven by increases in service charges on deposits, other miscellaneous income, and higher Bankcard and Capital Markets referral revenue, partially offset by a decrease in business credit card income.

Total noninterest expense decreased $4.2 million, or 1%. Decreases in various discretionary expenses, credit and collection services expenses, and shared corporate expenses were partially offset by increased Affordable Housing-related expenses.

Corporate and Investment Banking

preliminary data (in millions)	2nd Quarter 2007	2nd Quarter 2006	% Change
Net income	$66.1	$62.4	6 %
Revenue - fully taxable-equivalent	252.6	216.5	17
Average total loans	15,234.7	16,394.8	(7)
Average total deposits	2,779.9	2,999.1	(7)

Three Months Ended June 30, 2007 vs. 2006

Corporate and Investment Banking’s net income for the second quarter of 2007 was $66.1 million, an increase of $3.7 million, or 6%. The increase was primarily driven by higher noninterest income, partially offset by higher noninterest expense and net charge-offs.

Net interest income decreased $3.8 million, or 7%, due to a decrease in average loans and compression of deposit spreads. Average loan balances decreased $1.2 billion, or 7%, as the impact of a $1.9 billion structured asset sale of corporate loans in the first quarter of 2007 was partially offset by growth in corporate banking loans and lease financing assets. Average deposits decreased $219.2 million, or 7%, driven by lower demand deposits. Partially offsetting the decline in net interest income due to decreased loans and deposits was an increase driven by capital markets trading assets at improved spreads.

Provision for loan losses increased to $14.6 million from a net recovery of $0.4 million. The increase was mainly in the corporate banking and leasing portfolios.

Total noninterest income increased $39.9 million, or 25%, mainly driven by private equity investment gains and syndication, primary bond, structured leasing, and securitization activities. One private equity investment transaction generated a $23.4 million gain, and net of related expenses, the pre-tax impact on income was $19.3 million. These increases were partially offset by lower fixed income trading revenue.

9

Total noninterest expense increased $15.2 million, or 13%, driven by increased incentive-based compensation due to increased revenue and the reversal of the leveraged lease-related reserve in the second quarter of 2006. This increase was partially offset by lower shared corporate expenses.

Six Months Ended June 30, 2007 vs. 2006

Corporate and Investment Banking’s net income for the six months ended June 30, 2007, was $109.3 million, a decrease of $10.0 million, or 8%. The decrease was primarily due to a decrease in net interest income and higher net charge-offs, partially offset by growth in noninterest income.

Net interest income decreased $19.2 million, or 15%, as a decrease in average loans and compression of deposit spreads resulted in a $16.7 million decline in net interest income. Average loan balances decreased $445.0 million, or 3%, as the impact of a $1.9 billion structured asset sale of corporate loans in the first quarter of 2007 was partially offset by growth in corporate banking loans and lease financing assets. Average deposits decreased $547.4 million, or 16%, as a result of lower demand deposit balances and a reduction in certain bid-category products the business elected not to bid on due to their high cost in relation to alternative funding sources. This led to net interest income compression from deposits of $3.6 million. Positively impacting net interest income was an increase in capital markets trading assets at improved spreads.

Provision for loan losses increased to $16.9 million from a net recovery of $0.8 million. The increase was mainly in the corporate banking and leasing portfolios.

Total noninterest income increased $29.1 million, or 9%, mainly driven by private equity investment gains and primary bond and syndication activities. One private equity investment transaction generated a $23.4 million gain, and net of related expenses, the pre-tax impact on income was $19.3 million. These increases were partially offset by lower income from fixed income trading, equity offerings, M&A, and securitization activities.

Total noninterest expense increased $8.2 million, or 3%, driven by increased incentive-based compensation due to increased revenue and the reversal of the leveraged lease-related reserve in the second quarter of 2006. This increase was partially offset by lower shared corporate expenses.

Mortgage

preliminary data (in millions)	2nd Quarter 2007	2nd Quarter 2006	% Change
Net income	$42.1	$61.9	(32) %
Revenue - fully taxable-equivalent	272.4	249.7	9
Average total loans	29,447.5	32,009.1	(8)
Average total deposits	2,378.6	1,843.2	29

Three Months Ended June 30, 2007 vs 2006

Mortgage’s net income for the second quarter of 2007 was $42.1 million, a decrease of $19.8 million, or 32%, compared to the second quarter of 2006. The decline was driven by narrower secondary marketing margins, losses associated with prior Alt-A product originations, lower income from sales of servicing assets, and higher volume-related expense. Positively impacting net income were higher fee income from record production, record loan sales, and a larger servicing portfolio.

Net interest income decreased $13.9 million, or 9%, driven primarily by decreases in average loans held-for-investment and compression of loan spreads which resulted in an $18.3 million decline in net interest income. Average loans, primarily residential mortgage and residential construction loans, declined $2.6 billion, or 8%, due to balance sheet management strategies initiated in the second half of 2006 and accelerated in the first half of 2007. Average loans held-for-sale increased $4.9 billion, or 65%, however, due to compressed spreads, net interest income declined $0.6 million. The increase in average loans held-for-sale was primarily due to the first quarter transfer of $4.1 billion of portfolio loans to the held for sale

10

category. Average deposits were up $0.5 billion, or 29%, due to growth in escrow balances associated with higher servicing balances and positively impacted net interest income $7.1 million.

Provision for loan losses increased $10.9 million primarily due to higher Alt-A loan charge-offs. The Company is no longer originating Alt-A products for the held for investment portfolio.

Total noninterest income increased $36.6 million, or 36%, due to higher mortgage production and servicing income. The $5.5 million increase in mortgage production income was driven by record production and delivery volumes, partially offset by narrower secondary margins and higher losses, largely attributable to prior Alt-A production. Production volume of $18.0 billion was an increase of 19% and sales volumes of $14.2 billion was an increase of 46% over the second quarter of 2006. Mortgage production income was also favorably impacted by the election in May 2007 to record certain newly-originated mortgage loans held-for-sale at fair value under the provisions of SFAS 159, which alleviated the burdens and complexities of qualifying for hedge accounting on the mortgage warehouse. This election impacts the timing of recognition of origination fees and costs, as well as servicing value. Specifically, origination fees and costs, which had been deferred and recognized as part of the gain/loss on sale of the loan, are now recognized in earnings at time of origination. The servicing value, which had been recorded at the time the loan was sold, is now included in the fair value of the loan and recognized at origination. Mortgage servicing income increased $14.0 million, or 45%, primarily due to higher servicing fee income derived from a larger serving portfolio, partially offset by lower gains from servicing asset sales. At June 30, 2007, total loans serviced were $150.5 billion, up $29.0 billion, or 24%, from June 30, 2006. Other noninterest income was up $17.1 million due to higher insurance income and hedge gains associated with loans held at fair value, which were partially offset by corresponding loan losses in production income.

Total noninterest expense was up $44.2 million, or 29%. The second quarter of 2007 expense level included the impact of the Company’s election to record certain newly-originated mortgage loans held-for-sale at fair value. Under this election, costs associated with the origination of mortgage loans held-for-sale are recognized at the point of origination. Prior to the fair value election, these costs were deferred at origination and recognized as part of the gain/loss in noninterest income at the point of sale to the investor. Also driving the higher expense level was an increase in expense associated with record production volumes and operating losses incurred in the second quarter related to application fraud. The application fraud primarily relates to customer misstatements of income and/or assets on Alt-A products originated in prior periods.

Six Months Ended June 30, 2007 vs 2006

Mortgage’s net income for the six months ended June 30, 2007, was $49.6 million, a decline of $90.0 million or 64%. The decline was the result of narrower secondary marketing margins, losses associated with prior Alt-A product originations, lower income from sales of servicing assets, and higher volume-related expense. Positively impacting net income was improved fee income from higher production volumes, higher sales volumes, and a larger servicing portfolio.

Net interest income decreased $32.0 million, or 11%, due to lower income on portfolio loans and loans held-for-sale. Net interest income on loans was reduced $17.0 million and net interest income on loans held-for-sale was reduced $19.5 million due to spread compression resulting from higher short-term interest rates. Average loans increased $0.4 billion, or 1%, and average loans held-for-sale increased $2.9 billion, or 35%. The increase in loans held-for-sale was primarily due to the first quarter 2007 transfer of $4.1 billion of portfolio loans to loans held-for-sale. Average deposits increased $0.4 billion, or 27%, due to higher escrow balances associated with higher servicing balances and positively impacted net interest income $11.9 million.

Provision for loan losses increased $18.3 million due to higher Alt-A loan charge-offs. The Company is no longer originating Alt-A products for the held for investment portfolio.

Total noninterest income declined $45.3 million, or 21%, due to lower mortgage production income, slightly offset by higher mortgage servicing income. Mortgage production income declined $71.2 million, or 59%, as the benefits from higher production and sales volumes were more than offset by lower secondary marketing margins and losses on Alt-A loans originated in prior periods. Loan production was $32.8 billion, up $6.2 billion, or 23%, and loan sales to investors were $27.3 billion, up $7.3 billion, or 36%. Servicing

11

income increased $4.7 million, or 6%, due to higher servicing fee income derived from a larger servicing portfolio and slightly lower amortization of servicing rights. This increase was substantially offset by lower gains on sales of servicing assets from the same period in 2006. Other noninterest income was up $21.3 million due to higher insurance income and favorable hedge results on fair value assets which were partially offset by corresponding loan losses in production income.

Total noninterest expense was up $50.7 million, or 17%, due partly to the Company’s election to record certain newly-originated mortgage loans held-for-sale at fair value, under which certain loan origination costs previously deferred are now recognized at time of origination. Also driving the higher expense level was higher expense associated with stronger production volumes and operating losses related to application fraud. The application fraud primarily relates to customer misstatements of income and/or assets on Alt-A products originated in prior periods.

Wealth and Investment Management

preliminary data (in millions)	2nd Quarter 2007	2nd Quarter 2006	% Change
Net income	$53.3	$57.5	(7) %
Revenue - fully taxable-equivalent	336.0	342.3	(2)
Average total loans	8,026.1	8,063.7	(1)
Average total deposits	9,869.9	9,158.4	8

Three Months Ended June 30, 2007 vs. 2006

Wealth and Investment Management’s net income for the second quarter of 2007 was $53.3 million, a decrease of $4.2 million, or 7%, compared to the second quarter of 2006. The decrease was primarily driven by the impact of the merger of Lighthouse Partners into Lighthouse Investment Partners in the first quarter of 2007, the sale of the corporate bond trustee business in the third quarter of 2006, and lower net interest income, partially offset by strong growth in retail investment income and lower noninterest expense.

Net interest income decreased $4.2 million, or 5%, due primarily to a shift in deposit mix to higher-cost products as customer preference continues to favor higher-yielding deposit products. Average deposits increased $0.7 billion, or 8%, due to an increase in higher-cost NOW accounts and time deposits, partially offset by declines in lower-cost demand and money market deposits. Average loans decreased slightly as a result of lower consumer mortgages and commercial real estate balances, partially offset by growth in personal credit lines.

Provision for loan losses increased $2.2 million primarily due to higher home equity net charge-offs.

Total noninterest income decreased $2.1 million, or 1%, primarily driven by a decline in trust revenue from the Lighthouse Partners merger and the sale of the corporate bond trustee business. Retail investment income increased $13.6 million, or 24%, due to higher recurring and transactional revenue, with annuity sales exhibiting particular strength.

Total noninterest expense decreased $1.4 million, or 1%, primarily driven by decreased expenses resulting from the Lighthouse Partners merger and a reduction in shared corporate costs, partially offset by increased intangible amortization and staff expenses.

End of period assets under management were approximately $139.1 billion compared to $135.0 billion as of the same period last year. Approximately $5.4 billion of Lighthouse Partners assets were merged into Lighthouse Investment Partners and were not included in the June 30, 2007, total. Assets under management include individually managed assets, the STI Classic Funds, institutional assets managed by Trusco Capital Management, and participant-directed retirement accounts. SunTrust’s total assets under advisement were approximately $249.9 billion, which includes $139.1 billion in assets under management, $60.3 billion in non-managed trust assets, $42.5 billion in retail brokerage assets, and $7.9 billion in non-managed corporate trust assets. Approximately $21.2 billion in non-managed corporate trust assets were sold at the time of the corporate bond trustee transaction.

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Six Months Ended June 30, 2007 vs. 2006

Wealth and Investment Management’s net income for the six months ended June 30, 2007, was $120.7 million, an increase of $16.3 million, or 16%, compared to the same period in 2006. The growth was driven primarily by a gain on sale upon the merger of Lighthouse Partners into Lighthouse Investment Partners and increased retail investment income, partially offset by lower net interest income and higher noninterest expenses.

Net interest income decreased $5.1 million, or 3%, as the continued shift in deposit mix to higher-cost products compressed deposit spreads, decreasing net interest income $5.3 million. Average deposits increased $0.7 billion, or 7%, due to increases in higher-cost NOW account products and time deposit balances, partially offset by decreases in lower-cost demand and money market deposits. Average loans increased slightly with most growth coming in consumer loans, partially offset by a decline in consumer mortgages.

Provision for loan losses increased $3.1 million primarily due to higher home equity net charge-offs.

Total noninterest income increased $44.1 million, or 9%, primarily driven by a $32.3 million gain on sale upon merger of Lighthouse Partners. Additionally, retail investment income increased due to higher recurring and transactional revenue, mainly annuity sales. Trust income decreased due to the merger of Lighthouse Partners and the sale of the corporate bond trustee business.

Total noninterest expense increased $11.4 million, or 2%. Growth was primarily attributable to increases in staff and intangible amortization expenses, partially offset by a decrease in shared corporate expenses.

Corporate Other and Treasury

preliminary data (in millions)	2nd Quarter 2007	2nd Quarter 2006	% Change
Net income	$260.3	$71.1	266 %
Net income excluding gain on sale of shares of Coke	$114.7	$71.1	61
Average securities available for sale	17,524.4	25,494.2	(31)

Three Months Ended June 30, 2007 vs. 2006

Corporate Other and Treasury’s net income for the second quarter of 2007 was $260.3 million, an increase of $189.2 million compared to the second quarter of 2006 and was mainly driven by the $145.6 million after-tax gain on sale of Coke stock and an increase in net interest income due to balance sheet management strategies executed in the first half of this year.

The balance sheet management strategies resulted in improved yields on earning assets, as well as de-levering the balance sheet and reducing the level of higher-cost wholesale funding. This was mainly responsible for the $74.3 million increase in net interest income. Total average assets decreased $7.8 billion, or 23.0%, mainly due to a reduction in the size of the investment portfolio designed to reduce the Company’s reliance on wholesale funding sources and increase the capacity to fund future loan growth. Total average deposits decreased $3.3 billion, or 12.2%, mainly due to a decrease in brokered and foreign deposits that resulted from the wholesale funding reduction.

Provision for loan losses, which predominantly represents the difference between consolidated provision for loan losses and net charge-offs for the lines of business, decreased $6.1 million.

Total noninterest income increased $199.5 million driven by the $234.8 million pre-tax gain on sale of Coke stock, partially offset by a $21.4 million decrease in trading income due to negative market value adjustments on certain assets and liabilities carried at fair value.

Total noninterest expense decreased $21.0 million compared to the second quarter of 2006 demonstrating the impact the E² Efficiency and Productivity Program had on controlling expense growth. This decline was mainly due to a reduction in total staff expenses in support functions, as well as reduced advertising and consulting expenses.

13

Six Months Ended June 30, 2007 vs. 2006

Corporate Other and Treasury’s net income for the six months ended June 30, 2006, was $404.1 million, an increase of $257.5 million compared to the same period in 2006 and was mainly driven by the $145.6 million after-tax gain on sale of Coke stock and an increase in net interest income due to the aforementioned balance sheet management strategies executed in the first half of this year.

Net interest income increased $104.5 million due to the balance sheet management strategies. Total average assets decreased $5.0 billion, or 14.8%, mainly due to the reduction in the size of the investment portfolio related to the strategies. Total average deposits decreased $0.7 billion, or 2.8%, mainly due to a decrease in brokered and foreign deposits also related to the strategies.

Provision for loan losses, which predominantly represents the difference between consolidated provision for loan losses and net charge-offs for the lines of business, decreased $23.2 million.

Total noninterest income increased $272.0 million driven by the $234.8 million pre-tax gain on sale of Coke stock and a $53.0 million increase in trading profits driven by net positive market value adjustments on certain assets and liabilities carried at fair value.

Total noninterest expense decreased $14.7 million, demonstrating the impact the E² Efficiency and Productivity Program had on controlling expense growth. This decline was mainly due to a reduction in total staff expenses in support functions, as well as reduced advertising and consulting expenses.

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 quarterly report on Form 10-Q. Detailed financial tables and other information are available on our Web site at www.suntrust.com in the Investor Relations section located under “About SunTrust”. This information is also included in a current report on Form 8-K filed with the SEC today.

This news release contains certain non-US GAAP financial measures to describe the Company’s performance. The reconciliation of those measures to the most directly comparable US GAAP financial measures, and the reasons why SunTrust believes such financial measures may be useful to investors, can be found in the financial information contained in the appendices of this news release.

Conference Call

SunTrust management will host a conference call on July 19, 2007, at 8:00 a.m. (Eastern Time) to discuss the earnings results and business trends. Individuals are encouraged to call in beginning at 7:45 a.m. (Eastern Time) by dialing 1-888-972-7805 (Passcode: 2Q07; Leader: Greg Ketron). Individuals calling from outside the United States should dial 1-517-308-9091 (Passcode: 2Q07; Leader: Greg Ketron). A replay of the call will be available beginning July 19, 2007, and ending August 2, 2007, by dialing 1-866-418-1754 (domestic) or 1-203-369-0746 (international).

Alternatively, individuals may listen to the live webcast of the presentation by visiting the SunTrust Web site at www.suntrust.com. The webcast will be hosted under “Investor Relations” located under “About SunTrust” or may be accessed directly from the SunTrust home page by clicking on the earnings-related link, “2nd Quarter Earnings Release.” Beginning the afternoon of July 19, 2007, listeners may access an archived version of the webcast in the “Webcasts and Presentations” subsection found under “Investor Relations.” This webcast will be archived and available for one year. A link to the Investor Relations page is also found in the footer of the SunTrust home page.

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation’s largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through

14

various subsidiaries the Company provides credit cards, mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust’s Internet address is www.suntrust.com.

Forward-Looking Statements

This news release may contain forward-looking statements. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. These statements often include the words “may,” “could,” “will,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “initiatives,” “targets,” “potentially,” “probably,” “projects,” “outlook” or similar expressions. Such statements are based upon the current beliefs and expectations of SunTrust’s management, and on information currently available to management, and speak as of the date hereof. 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 SunTrust’s results to differ materially from those described in the forward-looking statements can be found in the Company’s 2006 Annual Report on Form 10-K, in the Quarterly Reports on Form 10-Q and in the Current Reports filed on Form 8-K with the Securities and Exchange Commission and available at the Securities and Exchange Commission’s internet site (http://www.sec.gov). Those factors include: changes in general business or economic conditions or the competitive banking environment; changes in market interest rates or capital markets; significant changes in legislation or regulatory requirements, or the fiscal and monetary policies of the federal government and its agencies; significant changes in securities markets or markets for residential or commercial real estate; increases in the cost of funds resulting from customers pursuing alternatives to bank deposits or shifting from demand deposits to higher-cost products; hurricanes and other natural disasters; competitive pressures among local, regional, national, and international banks, thrifts credit unions, and other financial institutions; litigation; the potential that the Company may acquire other institutions or may divest certain portions of its business; changes in accounting principles, policies, or guidelines; and we carry certain financial instruments at fair value and are subject to market risk.

The forward-looking statements in this news release speak only as of this date, and SunTrust does not assume any obligation to update such statements or to update the reasons why actual results could differ from those contained in such statements.

###

15

SunTrust Banks, Inc. and Subsidiaries

FINANCIAL HIGHLIGHTS

(Dollars in millions, except per share data) (Unaudited)

	Three Months Ended June 30				%		Six Months Ended June 30				%
	2007		2006		Change		2007		2006		Change
EARNINGS & DIVIDENDS
Net income	$681.4		$544.0		25.3	%	$1,202.7		$1,075.5		11.8	%
Net income available to common shareholders	673.9		544.0		23.9		1,187.8		1,075.5		10.4
Net income available to common shareholders excluding gain on sale of shares of The Coca-Cola Company 1	528.3		544.0		(2.9	)	1,042.3		1,075.5		(3.1	)
Total revenue - FTE 2	2,374.6		2,065.4		15.0		4,441.8		4,116.3		7.9
Total revenue - FTE excluding net securities gains and losses 1	2,138.2		2,059.5		3.8		4,205.3		4,110.3		2.3
Total revenue - FTE excluding gain on sale of shares of The Coca-Cola Company 1	2,139.8		2,065.4		3.6		4,206.9		4,116.3		2.2
Net income per average common share
Diluted	1.89		1.49		26.8		3.33		2.96		12.5
Diluted excluding gain on sale of shares of The Coca-Cola Company 1	1.48		1.49		(0.7	)	2.92		2.96		(1.4	)
Basic	1.91		1.51		26.5		3.37		2.98		13.1
Dividends paid per average common share	0.73		0.61		19.4		1.46		1.22		19.6
CONDENSED BALANCE SHEETS
Selected Average Balances
Total assets	$179,996		$180,744		(0.4	)%	$180,747		$179,190		0.9	%
Earning assets	157,594		158,889		(0.8	)	158,529		157,325		0.8
Loans	118,165		120,145		(1.6	)	119,831		118,214		1.4
Consumer and commercial deposits	97,927		97,172		0.8		97,860		96,238		1.7
Brokered and foreign deposits	23,983		27,194		(11.8	)	25,341		25,930		(2.3	)
Total shareholders’ equity	17,928		17,304		3.6		17,825		17,179		3.8
As of
Total assets	180,314		181,143		(0.5	)
Earning assets	157,095		158,845		(1.1	)
Loans	118,788		120,243		(1.2	)
Allowance for loan and lease losses	1,050		1,062		(1.1	)
Consumer and commercial deposits	97,822		99,042		(1.2	)
Brokered and foreign deposits	25,069		25,811		(2.9	)
Total shareholders’ equity	17,369		17,424		(0.3	)
FINANCIAL RATIOS & OTHER DATA
Return on average total assets	1.52	%	1.21	%	25.6	%	1.34	%	1.21	%	10.7	%
Return on average assets less net unrealized securities gains 1	1.18		1.18		-		1.16		1.19		(2.5	)
Return on average common shareholders’ equity	15.51		12.61		23.0		13.83		12.63		9.5
Return on average realized common shareholders’ equity 1	12.71		12.90		(1.5	)	12.63		12.98		(2.7	)
Net interest margin 2	3.10		3.00		3.3		3.06		3.06		-
Efficiency ratio 2	52.69		58.78		(10.4	)	56.00		59.29		(5.6	)
Tangible efficiency ratio 1	51.64		57.53		(10.2	)	54.91		58.00		(5.3	)
Effective tax rate	31.45		30.10		4.5		31.08		30.56		1.7
Tier 1 capital ratio	7.5	3	7.31		2.7
Total capital ratio	10.8	3	10.70		0.7
Tier 1 leverage ratio	7.1	3	6.82		4.1
Total average shareholders’ equity to total average assets	9.96		9.57		4.0		9.86		9.59		2.9
Tangible equity to tangible assets 1	5.85		5.81		0.7
Full-time equivalent employees	33,241		34,155		(2.7	)
Number of ATMs	2,533		2,564		(1.2	)
Full service banking offices	1,685		1,695		(0.6	)
Traditional	1,338		1,342		(0.3	)
In-store	347		353		(1.7	)
Book value per common share	$48.33		$47.85		1.0
Market price:
High	94.18		78.33		20.2		94.18		78.33		20.2
Low	78.16		72.56		7.7		78.16		69.68		12.2
Close	85.74		76.26		12.4		85.74		76.26		12.4
Market capitalization	29,928		27,768		7.8
Average common shares outstanding (000s)
Diluted	356,008		364,391		(2.3	)	356,608		363,917		(2.0	)
Basic	351,987		361,267		(2.6	)	352,713		360,604		(2.2	)

¹ See Appendix A for a reconcilement of non-GAAP performance measures.

² Revenue, net interest margin, and efficiency ratios 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 a FTE basis plus noninterest income.

³ Current period tier 1 capital, total capital and tier 1 leverage ratios are estimated as of the earnings release date.

Page 1

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER FINANCIAL HIGHLIGHTS

(Dollars in millions, except per share data) (Unaudited)

	Three Months Ended
	June 30 2007		March 31 2007		December 31 2006		September 30 2006		June 30 2006
EARNINGS & DIVIDENDS
Net income	$681.4		$521.3		$506.3		$535.6		$544.0
Net income available to common shareholders	673.9		513.9		498.6		535.6		544.0
Net income available to common shareholders excluding gain on sale of shares of The Coca-Cola Company 1	528.3		513.9		498.6		535.6		544.0
Total revenue - FTE 2	2,374.6		2,067.2		2,067.7		2,032.8		2,065.4
Total revenue - FTE excluding net securities gains and losses and net gain on sale of Bond Trustee business 1	2,138.2		2,067.2		2,032.4		2,011.8		2,059.5
Total revenue - FTE excluding gain on sale of shares of The Coca-Cola Company 1	2,139.8		2,067.2		2,067.7		2,032.8		2,065.4
Net income per average common share
Diluted	1.89		1.44		1.39		1.47		1.49
Diluted, excluding gain on sale of shares of The Coca-Cola Company 1	1.48		1.44		1.39		1.47		1.49
Basic	1.91		1.45		1.41		1.48		1.51
Dividends paid per average common share	0.73		0.73		0.61		0.61		0.61
CONDENSED BALANCE SHEETS
Selected Average Balances
Total assets	$179,996		$181,506		$182,343		$180,501		$180,744
Earning assets	157,594		159,474		160,115		158,915		158,889
Loans	118,165		121,515		121,364		120,742		120,145
Consumer and commercial deposits	97,927		97,792		98,553		97,643		97,172
Brokered and foreign deposits	23,983		26,714		26,124		27,958		27,194
Total shareholders’ equity	17,928		17,720		18,155		17,662		17,304
As of
Total assets	180,314		186,385		182,162		183,105		181,143
Earning assets	157,095		163,299		159,064		160,288		158,845
Loans	118,788		116,913		121,454		121,237		120,243
Allowance for loan and lease losses	1,050		1,034		1,045		1,087		1,062
Consumer and commercial deposits	97,822		99,875		99,776		98,684		99,042
Brokered and foreign deposits	25,069		23,563		24,246		25,709		25,811
Total shareholders’ equity	17,369		17,969		17,814		18,589		17,424
FINANCIAL RATIOS & OTHER DATA
Return on average total assets	1.52	%	1.16	%	1.10	%	1.18	%	1.21	%
Return on average assets less net unrealized securities gains 1	1.18		1.15		1.04		1.28		1.18
Return on average common shareholders’ equity	15.51		12.10		11.20		12.10		12.61
Return on average realized common shareholders’ equity 1	12.71		12.54		11.17		13.73		12.90
Net interest margin 2	3.10		3.02		2.94		2.93		3.00
Efficiency ratio 2	52.69		59.79		59.67		59.30		58.78
Tangible efficiency ratio 1	51.64		58.65		58.49		58.03		57.53
Effective tax rate	31.45		30.59		27.07		27.94		30.10
Tier 1 capital ratio	7.5	3	7.60		7.72		7.70		7.31
Total capital ratio	10.8	3	10.94		11.11		11.07		10.70
Tier 1 leverage ratio	7.1	3	7.24		7.23		7.27		6.82
Total average shareholders’ equity to total average assets	9.96		9.76		9.96		9.78		9.57
Tangible equity to tangible assets 1	5.85		5.97		6.03		6.42		5.81
Full-time equivalent employees	33,241		33,397		33,599		34,293		34,155
Number of ATMs	2,533		2,543		2,569		2,568		2,564
Full service banking offices	1,685		1,691		1,701		1,699		1,695
Traditional	1,338		1,338		1,349		1,347		1,342
In-store	347		353		352		352		353
Book value per common share	$48.33		$49.00		$48.78		$49.71		$47.85
Market price:
High	94.18		87.43		85.64		81.59		78.33
Low	78.16		80.76		76.76		75.11		72.56
Close	85.74		83.04		84.45		77.28		76.26
Market capitalization	29,928		29,604		29,972		28,120		27,768
Average common shares outstanding (000s)
Diluted	356,008		357,214		358,292		365,121		364,391
Basic	351,987		353,448		354,677		361,805		361,267

¹ See Appendix A for a reconcilement of non-GAAP performance measures.

² Revenue, net interest margin, and efficiency ratios 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 a FTE basis plus noninterest income.

³ Current period tier 1 capital, total capital and tier 1 leverage ratios are estimated as of the earnings release date.

Page 2

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED BALANCE SHEETS

(Dollars in thousands) (Unaudited)

	As of June 30				Increase/(Decrease)3
	2007		2006		Amount		%
ASSETS
Cash and due from banks	$4,254,430		$4,214,076		$40,354		1.0	%
Interest-bearing deposits in other banks	25,991		29,733		(3,742	)	(12.6	)
Funds sold and securities purchased under agreements to resell	1,143,995		942,983		201,012		21.3
Trading assets	13,044,972		2,621,940		10,423,032		NM
Securities available for sale 1	14,725,957		26,542,900		(11,816,943	)	(44.5	)
Loans held for sale (loans at fair value: $6,494,602 as of June 30, 2007)	12,474,932		10,819,967		1,654,965		15.3
Loans:
Commercial	34,362,837		35,159,832		(796,995	)	(2.3	)
Real estate:
Home equity lines	14,303,659		13,894,177		409,482		2.9
Construction	14,417,949		13,099,808		1,318,141		10.1
Residential mortgages	30,759,216		32,844,670		(2,085,454	)	(6.3	)
Commercial real estate	12,416,329		12,575,092		(158,763	)	(1.3	)
Consumer:
Direct	4,391,739		4,237,332		154,407		3.6
Indirect	7,739,369		8,113,741		(374,372	)	(4.6	)
Credit card	396,624		318,493		78,131		24.5
Total loans	118,787,722		120,243,145		(1,455,423	)	(1.2	)
Allowance for loan and lease losses	(1,050,362	)	(1,061,862	)	(11,500	)	(1.1	)
Net loans	117,737,360		119,181,283		(1,443,923	)	(1.2	)
Goodwill	6,897,050		6,900,222		(3,172	)	-
Other intangible assets	1,290,460		1,141,346		149,114		13.1
Other assets	8,719,225		8,748,994		(29,769	)	(0.3	)
Total assets 2	$180,314,372		$181,143,444		($829,072	)	(0.5	)
LIABILITIES
Noninterest-bearing consumer and commercial deposits	$22,725,654		$24,243,088		($1,517,434	)	(6.3	)%
Interest-bearing consumer and commercial deposits:
NOW accounts	20,255,930		17,194,199		3,061,731		17.8
Money market accounts	21,645,616		24,627,018		(2,981,402	)	(12.1	)
Savings	4,698,516		5,556,847		(858,331	)	(15.4	)
Consumer time	16,745,010		16,134,694		610,316		3.8
Other time	11,751,246		11,285,875		465,371		4.1
Total consumer and commercial deposits	97,821,972		99,041,721		(1,219,749	)	(1.2	)
Brokered deposits (CDs at fair value: $282,889 as of June 30, 2007; $62,419 as of June 30, 2006)	16,659,978		18,425,635		(1,765,657	)	(9.6	)
Foreign deposits	8,408,752		7,385,081		1,023,671		13.9
Total deposits	122,890,702		124,852,437		(1,961,735	)	(1.6	)
Funds purchased	3,405,459		4,527,339		(1,121,880	)	(24.8	)
Securities sold under agreements to repurchase	6,081,096		7,158,914		(1,077,818	)	(15.1	)
Other short-term borrowings	2,083,518		1,438,891		644,627		44.8
Long-term debt (notes at fair value: $6,757,188 as of June 30, 2007)	20,604,933		18,222,162		2,382,771		13.1
Trading liabilities	2,156,279		1,574,107		582,172		37.0
Other liabilities	5,723,532		5,945,674		(222,142	)	(3.7	)
Total liabilities	162,945,519		163,719,524		(774,005	)	(0.5	)
SHAREHOLDERS’ EQUITY
Preferred stock, no par value	500,000		-		500,000		100.0
Common stock, $1.00 par value	370,578		370,578		-		-
Additional paid in capital	6,589,387		6,751,929		(162,542	)	(2.4	)
Retained earnings	10,739,449		9,943,155		796,294		8.0
Treasury stock, at cost, and other	(1,751,449	)	(418,262	)	(1,333,187	)	NM
Accumulated other comprehensive income	920,888		776,520		144,368		18.6
Total shareholders’ equity	17,368,853		17,423,920		(55,067	)	(0.3	)
Total liabilities and shareholders’ equity	$180,314,372		$181,143,444		($829,072	)	(0.5	)
Common shares outstanding	349,052,800		364,129,209		(15,076,409	)	(4.1	)
Common shares authorized	750,000,000		750,000,000		-		-
Preferred shares outstanding	5,000		-		5,000		100.0
Preferred shares authorized	50,000,000		50,000,000		-		-
Treasury shares of common stock	21,525,598		6,449,189		15,076,409		NM
1   Includes net unrealized gains of	$2,035,623		$1,309,753		$725,870		55.4	%
2   Includes earning assets of	157,094,873		158,845,216		(1,750,343	)	(1.1	)

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

Page 3

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER CONSOLIDATED BALANCE SHEETS

(Dollars in thousands) (Unaudited)

	As of
	June 30 2007		March 31 2007		December 31 2006		September 30 2006		June 30 2006
ASSETS
Cash and due from banks	$4,254,430		$3,867,957		$4,235,889		$4,066,173		$4,214,076
Interest-bearing deposits in other banks	25,991		21,974		21,810		39,982		29,733
Funds sold and securities purchased under agreements to resell	1,143,995		883,833		1,050,046		1,147,423		942,983
Trading assets	13,044,972		21,545,502		2,777,629		3,675,917		2,621,940
Securities available for sale 1	14,725,957		13,163,036		25,101,715		25,553,320		26,542,900
Loans held for sale	12,474,932		14,067,788		11,790,122		11,501,646		10,819,967
Loans:
Commercial	34,362,837		33,484,170		34,613,882		35,018,715		35,159,832
Real estate:
Home equity lines	14,303,659		14,039,685		14,102,655		14,014,617		13,894,177
Construction	14,417,949		14,175,478		13,892,988		13,595,924		13,099,808
Residential mortgages	30,759,216		30,248,543		33,830,101		33,711,399		32,844,670
Commercial real estate	12,416,329		12,454,475		12,567,824		12,459,023		12,575,092
Consumer:
Direct	4,391,739		4,293,308		4,160,091		4,082,257		4,237,332
Indirect	7,739,369		7,840,962		7,936,102		8,022,512		8,113,741
Credit card	396,624		375,938		350,690		332,947		318,493
Total loans	118,787,722		116,912,559		121,454,333		121,237,394		120,243,145
Allowance for loan and lease losses	(1,050,362	)	(1,033,939	)	(1,044,521	)	(1,087,316	)	(1,061,862	)
Net loans	117,737,360		115,878,620		120,409,812		120,150,078		119,181,283
Goodwill	6,897,050		6,896,723		6,889,860		6,903,001		6,900,222
Other intangible assets	1,290,460		1,293,457		1,181,984		1,120,102		1,141,346
Other assets	8,719,225		8,765,951		8,702,742		8,946,911		8,748,994
Total assets 2	$180,314,372		$186,384,841		$182,161,609		$183,104,553		$181,143,444
LIABILITIES
Noninterest-bearing consumer and commercial deposits	$22,725,654		$22,765,045		$22,887,176		$22,813,455		$24,243,088
Interest-bearing consumer and commercial deposits:
NOW accounts	20,255,930		20,802,207		20,230,763		17,508,754		17,194,199
Money market accounts	21,645,616		22,070,587		22,371,828		23,803,496		24,627,018
Savings	4,698,516		5,102,312		5,198,980		5,699,545		5,556,847
Consumer time	16,745,010		17,044,783		16,824,239		16,615,445		16,134,694
Other time	11,751,246		12,089,882		12,262,902		12,243,372		11,285,875
Total consumer and commercial deposits	97,821,972		99,874,816		99,775,888		98,684,067		99,041,721
Brokered deposits	16,659,978		18,203,295		18,150,059		18,264,554		18,425,635
Foreign deposits	8,408,752		5,360,164		6,095,682		7,444,329		7,385,081
Total deposits	122,890,702		123,438,275		124,021,629		124,392,950		124,852,437
Funds purchased	3,405,459		6,433,195		4,867,591		5,926,570		4,527,339
Securities sold under agreements to repurchase	6,081,096		6,851,863		6,950,426		7,362,480		7,158,914
Other short-term borrowings	2,083,518		1,958,438		2,062,636		1,744,479		1,438,891
Long-term debt	20,604,933		19,007,959		18,992,905		17,477,276		18,222,162
Trading liabilities	2,156,279		1,642,958		1,634,097		1,611,648		1,574,107
Other liabilities	5,723,532		9,083,615		5,818,719		5,999,843		5,945,674
Total liabilities	162,945,519		168,416,303		164,348,003		164,515,246		163,719,524
SHAREHOLDERS’ EQUITY
Preferred stock, no par value	500,000		500,000		500,000		500,000		-
Common stock, $1.00 par value	370,578		370,578		370,578		370,578		370,578
Additional paid in capital	6,589,387		6,688,660		6,627,196		6,735,458		6,751,929
Retained earnings	10,739,449		10,325,246		10,541,152		10,258,441		9,943,155
Treasury stock, at cost, and other	(1,751,449	)	(1,101,172	)	(1,151,269	)	(453,934	)	(418,262	)
Accumulated other comprehensive income	920,888		1,185,226		925,949		1,178,764		776,520
Total shareholders’ equity	17,368,853		17,968,538		17,813,606		18,589,307		17,423,920
Total liabilities and shareholders’ equity	$180,314,372		$186,384,841		$182,161,609		$183,104,553		$181,143,444
Common shares outstanding	349,052,800		356,504,563		354,902,566		363,868,470		364,129,209
Common shares authorized	750,000,000		750,000,000		750,000,000		750,000,000		750,000,000
Preferred shares outstanding	5,000		5,000		5,000		5,000		-
Preferred shares authorized	50,000,000		50,000,000		50,000,000		50,000,000		50,000,000
Treasury shares of common stock	21,525,598		14,073,835		15,675,832		6,709,928		6,449,189
1   Includes net unrealized gains of	$2,035,623		$2,333,896		$2,103,362		$1,915,277		$1,309,753
2   Includes earning assets of	157,094,873		163,299,162		159,063,834		160,287,584		158,845,216

Page 4

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED STATEMENTS OF INCOME

(Dollars in thousands, except per share data) (Unaudited)

	Three Months Ended						Six Months Ended
	June 30		Increase/(Decrease) 2				June 30		Increase/(Decrease) 2
	2007	2006	Amount		%		2007	2006	Amount		%
Interest income	$2,543,870	$2,423,087	$120,783		5.0	%	$5,071,927	$4,701,800	$370,127		7.9	%
Interest expense	1,348,586	1,254,344	94,242		7.5		2,712,084	2,354,016	358,068		15.2
NET INTEREST INCOME	1,195,284	1,168,743	26,541		2.3		2,359,843	2,347,784	12,059		0.5
Provision for loan losses	104,680	51,759	52,921		NM		161,121	85,162	75,959		89.2
NET INTEREST INCOME AFTER
PROVISION FOR LOAN LOSSES	1,090,604	1,116,984	(26,380	)	(2.4	)	2,198,722	2,262,622	(63,900	)	(2.8	)
NONINTEREST INCOME
Service charges on deposit accounts	196,844	191,645	5,199		2.7		385,879	377,830	8,049		2.1
Trust and investment management income	164,620	175,811	(11,191	)	(6.4	)	338,938	343,900	(4,962	)	(1.4	)
Retail investment services	71,785	58,441	13,344		22.8		135,328	113,430	21,898		19.3
Other charges and fees	118,358	113,948	4,410		3.9		236,495	226,330	10,165		4.5
Investment banking income	61,999	60,481	1,518		2.5		112,156	112,296	(140	)	(0.1	)
Trading account profits and commissions	16,437	46,182	(29,745	)	(64.4	)	106,638	83,057	23,581		28.4
Card fees	68,580	61,941	6,639		10.7		132,775	118,544	14,231		12.0
Mortgage production related income	64,322	56,579	7,743		13.7		55,667	119,616	(63,949	)	(53.5	)
Mortgage servicing related income	45,527	31,401	14,126		45.0		80,930	76,111	4,819		6.3
Other noninterest income	109,738	73,082	36,656		50.2		212,290	149,799	62,491		41.7
Securities gains/(losses), net	236,412	5,858	230,554		NM		236,432	5,962	230,470		NM
Total noninterest income	1,154,622	875,369	279,253		31.9		2,033,528	1,726,875	306,653		17.8
NONINTEREST EXPENSE
Employee compensation and benefits	710,613	689,073	21,540		3.1		1,409,613	1,394,038	15,575		1.1
Net occupancy expense	84,650	81,710	2,940		3.6		170,907	162,754	8,153		5.0
Outside processing and software	100,730	98,447	2,283		2.3		200,406	193,339	7,067		3.7
Equipment expense	53,823	48,107	5,716		11.9		103,232	97,555	5,677		5.8
Marketing and customer development	43,326	49,378	(6,052	)	(12.3	)	89,031	92,024	(2,993	)	(3.3	)
Amortization of intangible assets	24,904	25,885	(981	)	(3.8	)	48,446	53,130	(4,684	)	(8.8	)
Other noninterest expense	233,148	221,493	11,655		5.3		465,556	447,744	17,812		4.0
Total noninterest expense	1,251,194	1,214,093	37,101		3.1		2,487,191	2,440,584	46,607		1.9
INCOME BEFORE PROVISION FOR INCOME TAXES	994,032	778,260	215,772		27.7		1,745,059	1,548,913	196,146		12.7
Provision for income taxes	312,601	234,258	78,343		33.4		542,332	473,384	68,948		14.6
Net income	681,431	544,002	137,429		25.3		1,202,727	1,075,529	127,198		11.8
Preferred dividends	7,519	-	7,519		100.0		14,882	-	14,882		100.0
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$673,912	$544,002	$129,910		23.9		$1,187,845	$1,075,529	$112,316		10.4
Net interest income - FTE 1	$1,219,952	$1,190,026	$29,926		2.5		$2,408,224	$2,389,405	$18,819		0.8
Net income per average common share
Diluted	1.89	1.49	0.40		26.8		3.33	2.96	0.37		12.5
Basic	1.91	1.51	0.40		26.5		3.37	2.98	0.39		13.1
Cash dividends paid per common share	0.73	0.61	0.12		19.4		1.46	1.22	0.24		19.6
Average common shares outstanding (000s)
Diluted	356,008	364,391	(8,383	)	(2.3	)	356,608	363,917	(7,309	)	(2.0	)
Basic	351,987	361,267	(9,280	)	(2.6	)	352,713	360,604	(7,891	)	(2.2	)

¹ Net interest income includes the effects of FTE adjustments using a federal tax rate of 35% and state income taxes where applicable to increase tax-exempt interest income to a taxable-equivalent basis.

² “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

Page 5

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER CONSOLIDATED STATEMENTS OF INCOME

(Dollars in thousands, except per share data) (Unaudited)

	Three Months Ended
	June 30 2007	March 31 2007		December 31 2006	September 30 2006		June 30 2006
Interest income	$2,543,870	$2,528,057		$2,564,731	$2,525,489		$2,423,087
Interest expense	1,348,586	1,363,498		1,403,442	1,374,097		1,254,344
NET INTEREST INCOME	1,195,284	1,164,559		1,161,289	1,151,392		1,168,743
Provision for loan losses	104,680	56,441		115,806	61,568		51,759
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	1,090,604	1,108,118		1,045,483	1,089,824		1,116,984
NONINTEREST INCOME
Service charges on deposit accounts	196,844	189,035		191,628	194,262		191,645
Trust and investment management income	164,620	174,318		169,248	173,717		175,811
Retail investment services	71,785	63,543		65,000	55,544		58,441
Other charges and fees	118,358	118,137		122,386	113,347		113,948
Investment banking income	61,999	50,157		71,211	47,046		60,481
Trading account profits and commissions	16,437	90,201		9,586	20,404		46,182
Card fees	68,580	64,195		64,187	64,916		61,941
Mortgage production related income	64,322	(8,655	)	47,476	50,336		56,579
Mortgage servicing related income	45,527	35,403		8,994	36,633		31,401
Net gain on sale of Bond Trustee business	-	-		-	112,759		-
Gain on sale upon merger of Lighthouse Partners	-	32,340		-	-		-
Other noninterest income	109,738	70,212		97,473	81,783		73,082
Securities gains/(losses), net	236,412	20		35,377	(91,816	)	5,858
Total noninterest income	1,154,622	878,906		882,566	858,931		875,369
NONINTEREST EXPENSE
Employee compensation and benefits	710,613	699,000		657,093	674,322		689,073
Net occupancy expense	84,650	86,257		85,846	85,613		81,710
Outside processing and software	100,730	99,676		101,538	98,699		98,447
Equipment expense	53,823	49,409		49,234	50,249		48,107
Marketing and customer development	43,326	45,705		45,249	35,932		49,378
Amortization of intangible assets	24,904	23,542		24,304	25,792		25,885
Loss on extinguishment of debt	-	-		11,665	-		-
Other noninterest expense	233,148	232,408		258,848	234,892		221,493
Total noninterest expense	1,251,194	1,235,997		1,233,777	1,205,499		1,214,093
INCOME BEFORE PROVISION FOR INCOME TAXES	994,032	751,027		694,272	743,256		778,260
Provision for income taxes	312,601	229,731		187,918	207,668		234,258
Net income	681,431	521,296		506,354	535,588		544,002
Preferred dividends	7,519	7,363		7,729	-		-
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$673,912	$513,933		$498,625	$535,588		$544,002
Net interest income - FTE 1	$1,219,952	$1,188,272		$1,185,166	$1,173,860		$1,190,026
Net income per average common share
Diluted	1.89	1.44		1.39	1.47		1.49
Basic	1.91	1.45		1.41	1.48		1.51
Cash dividends paid per common share	0.73	0.73		0.61	0.61		0.61
Average common shares outstanding (000s)
Diluted	356,008	357,214		358,292	365,121		364,391
Basic	351,987	353,448		354,677	361,805		361,267

¹ Net interest income includes the effects of FTE adjustments using a federal tax rate of 35% and state income taxes where applicable to increase tax-exempt interest income to a taxable-equivalent basis.

Page 6

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED DAILY AVERAGE BALANCES,

AVERAGE YIELDS EARNED AND RATES PAID

(Dollars in millions; yields on taxable-equivalent basis) (Unaudited)

	Three Months Ended
	June 30, 2007					March 31, 2007
	Average Balances		Interest Income/ Expense	Yields/ Rates		Average Balances		Interest Income/ Expense	Yields/ Rates
ASSETS
Loans:
Real estate 1-4 family	$30,754.4		$493.2	6.42	%	$34,089.1		$527.3	6.19	%
Real estate construction	13,710.1		259.4	7.59		13,430.3		252.7	7.63
Real estate home equity lines	13,849.7		272.4	7.89		13,738.1		268.3	7.92
Real estate commercial	12,731.8		220.8	6.95		12,830.6		220.2	6.96
Commercial - FTE 1	33,607.7		539.6	6.44		34,032.8		535.6	6.38
Business credit card	403.7		5.9	5.80		369.5		5.5	5.94
Consumer - direct	4,347.5		78.2	7.21		4,220.5		76.0	7.30
Consumer - indirect	8,063.6		123.1	6.12		8,166.5		122.0	6.06
Nonaccrual and restructured	696.1		4.8	2.76		637.5		4.5	2.85
Total loans	118,164.6		1,997.4	6.78		121,514.9		2,012.1	6.72
Securities available for sale:
Taxable	11,014.3		167.7	6.09		6,650.6		108.7	6.54
Tax-exempt - FTE 1	1,041.2		15.2	5.85		1,038.8		15.2	5.86
Total securities available for sale - FTE 1	12,055.5		182.9	6.07		7,689.4		123.9	6.44
Funds sold and securities purchased under agreements to resell	1,038.1		13.2	5.04		1,006.3		12.9	5.12
Loans held for sale	13,454.3		200.4	5.96		11,205.2		173.7	6.20
Interest-bearing deposits	24.1		0.3	5.74		28.9		0.4	5.69
Interest earning trading assets	12,857.6		174.3	5.44		18,028.9		228.8	5.15
Total earning assets	157,594.2		2,568.5	6.54		159,473.6		2,551.8	6.49
Allowance for loan and lease losses	(1,037.6	)				(1,050.5	)
Cash and due from banks	3,427.7					3,520.0
Premises and equipment	1,980.1					2,001.0
Other assets	14,646.8					14,271.9
Noninterest earning trading assets	986.6					985.1
Unrealized gains on securities available for sale, net	2,398.7					2,305.3
Total assets	$179,996.5					$181,506.4
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing deposits:
NOW accounts	$20,065.8		$119.0	2.38	%	$19,820.1		$115.9	2.37	%
Money market accounts	21,773.3		142.0	2.62		22,089.1		142.9	2.62
Savings	4,786.7		14.8	1.24		5,024.8		16.3	1.32
Consumer time	16,942.3		190.5	4.51		16,809.4		183.1	4.42
Other time	11,962.4		144.5	4.85		12,115.8		144.0	4.82
Total interest-bearing consumer and commercial deposits	75,530.5		610.8	3.24		75,859.2		602.2	3.22
Brokered deposits	16,972.2		227.5	5.30		18,888.5		250.8	5.31
Foreign deposits	7,011.2		92.9	5.24		7,825.6		102.9	5.26
Total interest-bearing deposits	99,513.9		931.2	3.75		102,573.3		955.9	3.78
Funds purchased	3,967.7		52.2	5.21		4,693.1		61.2	5.22
Securities sold under agreements to repurchase	6,339.0		74.4	4.64		6,768.0		79.5	4.70
Other short-term borrowings	2,262.3		32.7	5.79		1,758.4		26.0	6.00
Long-term debt	19,772.4		258.0	5.24		19,000.8		240.9	5.14
Total interest-bearing liabilities	131,855.3		1,348.5	4.10		134,793.6		1,363.5	4.10
Noninterest-bearing deposits	22,395.8					21,933.1
Other liabilities	7,817.3					7,059.3
Shareholders’ equity	17,928.1					17,720.4
Total liabilities and shareholders’ equity	$179,996.5					$181,506.4
Interest Rate Spread				2.44	%				2.39	%
Net Interest Income - FTE 1			$1,220.0					$1,188.3
Net Interest Margin 2				3.10	%				3.02	%

¹ The fully taxable-equivalent (“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.

² The net interest margin is calculated by dividing annualized net interest income - FTE by average total earning assets.

Page 7

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED DAILY AVERAGE BALANCES,

AVERAGE YIELDS EARNED AND RATES PAID

(Dollars in millions; yields on taxable-equivalent basis) (Unaudited)

	Three Months Ended
	December 31, 2006					September 30, 2006					June 30, 2006
	Average Balances		Interest Income/ Expense	Yields/ Rates		Average Balances		Interest Income/ Expense	Yields/ Rates		Average Balances		Interest Income/ Expense	Yields/ Rates
ASSETS
Loans:
Real estate 1-4 family	$34,345.4		$531.8	6.19	%	$33,875.7		$519.4	6.13	%	$34,348.0		$515.1	6.00	%
Real estate construction	13,204.0		254.3	7.64		12,805.6		247.5	7.67		12,180.6		226.4	7.45
Real estate home equity lines	13,722.9		273.4	7.90		13,626.3		270.2	7.87		13,517.5		253.6	7.52
Real estate commercial	12,784.8		223.1	6.93		12,808.6		223.4	6.92		12,840.8		215.5	6.73
Commercial - FTE 1	33,965.1		545.8	6.37		34,306.9		542.1	6.27		33,993.0		516.7	6.10
Business credit card	351.4		5.3	5.99		323.8		5.0	6.14		307.0		4.6	5.96
Consumer - direct	4,116.3		76.8	7.40		4,206.9		76.7	7.23		4,251.1		75.9	7.16
Consumer - indirect	8,231.8		123.8	5.97		8,339.1		121.5	5.78		8,385.8		117.0	5.60
Nonaccrual and restructured	642.1		5.0	3.06		449.1		4.4	3.87		320.7		3.1	3.88
Total loans	121,363.8		2,039.3	6.67		120,742.0		2,010.2	6.61		120,144.5		1,927.9	6.44
Securities available for sale:
Taxable	22,170.4		282.0	5.09		23,027.9		286.9	4.98		24,621.2		294.8	4.79
Tax-exempt - FTE 1	998.0		14.6	5.85		968.7		14.1	5.84		933.6		13.7	5.85
Total securities available for sale - FTE 1	23,168.4		296.6	5.12		23,996.6		301.0	5.02		25,554.8		308.5	4.83
Funds sold and securities purchased under agreements to resell	1,176.3		15.4	5.15		1,084.1		14.3	5.16		1,244.1		15.2	4.83
Loans held for sale	12,009.3		198.4	6.61		11,026.4		188.0	6.82		9,929.3		163.7	6.59
Interest-bearing deposits	31.2		0.3	3.76		25.8		0.3	5.04		27.0		0.3	4.73
Interest earning trading assets	2,365.8		38.6	6.46		2,039.8		34.2	6.64		1,989.1		28.7	5.78
Total earning assets	160,114.8		2,588.6	6.41		158,914.7		2,548.0	6.36		158,888.8		2,444.3	6.17
Allowance for loan and lease losses	(1,086.1	)				(1,070.8	)				(1,050.1	)
Cash and due from banks	3,683.1					3,705.8					3,899.6
Premises and equipment	1,957.4					1,925.7					1,908.0
Other assets	14,708.2					14,702.1					14,660.1
Noninterest earning trading assets	1,000.5					948.8					909.7
Unrealized gains on securities available for sale, net	1,965.4					1,374.6					1,528.0
Total assets	$182,343.3					$180,500.9					$180,744.1
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing deposits:
NOW accounts	$18,441.1		$102.2	2.20	%	$16,596.2		$78.1	1.87	%	$16,811.2		$67.0	1.60	%
Money market accounts	23,075.7		153.1	2.63		24,267.0		171.4	2.80		25,091.3		163.4	2.61
Savings	5,437.0		23.6	1.73		5,591.2		24.1	1.71		5,161.0		16.2	1.26
Consumer time	16,682.8		180.8	4.30		16,402.5		169.8	4.11		15,471.7		146.7	3.80
Other time	12,338.6		148.3	4.77		11,852.2		138.1	4.62		10,779.1		114.8	4.27
Total interest-bearing consumer and commercial deposits	75,975.2		608.0	3.18		74,709.1		581.5	3.09		73,314.3		508.1	2.78
Brokered deposits	18,102.0		243.1	5.25		18,420.7		246.1	5.23		17,692.0		218.6	4.89
Foreign deposits	8,022.2		107.6	5.25		9,537.6		128.5	5.27		9,502.3		117.5	4.89
Total interest-bearing deposits	102,099.4		958.7	3.73		102,667.4		956.1	3.69		100,508.6		844.2	3.37
Funds purchased	5,163.4		68.8	5.21		4,206.7		56.2	5.23		4,402.3		54.2	4.87
Securities sold under agreements to repurchase	7,148.8		86.3	4.72		7,146.3		86.0	4.71		7,184.1		79.4	4.37
Other short-term borrowings	1,913.3		29.7	6.17		1,001.3		16.9	6.70		1,252.4		18.0	5.78
Long-term debt	17,854.2		259.9	5.78		17,735.2		258.9	5.79		18,438.0		258.5	5.62
Total interest-bearing liabilities	134,179.1		1,403.4	4.15		132,756.9		1,374.1	4.11		131,785.4		1,254.3	3.82
Noninterest-bearing deposits	22,577.7					22,933.4					23,858.0
Other liabilities	7,431.0					7,148.8					7,796.3
Shareholders’ equity	18,155.5					17,661.8					17,304.4
Total liabilities and shareholders’ equity	$182,343.3					$180,500.9					$180,744.1
Interest Rate Spread				2.26	%				2.25	%				2.35	%
Net Interest Income - FTE 1			$1,185.2					$1,173.9					$1,190.0
Net Interest Margin 2				2.94	%				2.93	%				3.00	%

¹ The fully taxable-equivalent (“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.

² The net interest margin is calculated by dividing annualized net interest income - FTE by average total earning assets.

Page 8

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED DAILY AVERAGE BALANCES,

AVERAGE YIELDS EARNED AND RATES PAID

(Dollars in millions; yields on taxable-equivalent basis) (Unaudited)

	Six Months Ended
	June 30, 2007					June 30, 2006
	Average Balances		Interest Income/ Expense	Yields/ Rates		Average Balances		Interest Income/ Expense	Yields/ Rates
ASSETS
Loans:
Real estate 1-4 family	$32,412.5		$1,020.6	6.30	%	$32,926.7		$971.5	5.90	%
Real estate construction	13,571.0		512.1	7.61		11,652.0		422.0	7.30
Real estate home equity lines	13,794.2		540.6	7.90		13,454.1		488.7	7.33
Real estate commercial	12,780.9		441.0	6.96		12,810.8		419.9	6.61
Commercial - FTE 1	33,819.1		1,075.2	6.41		33,531.3		999.5	6.01
Business credit card	386.7		11.3	5.87		292.6		9.0	6.12
Consumer - direct	4,284.3		154.2	7.26		4,765.1		160.1	6.78
Consumer - indirect	8,114.8		245.1	6.09		8,468.9		232.2	5.53
Nonaccrual and restructured	667.0		9.2	2.80		312.6		7.2	4.67
Total loans	119,830.5		4,009.3	6.75		118,214.1		3,710.1	6.33
Securities available for sale:
Taxable	8,844.5		276.3	6.25		24,276.5		577.9	4.76
Tax-exempt - FTE 1	1,040.0		30.5	5.86		925.1		27.1	5.85
Total securities available for sale - FTE 1	9,884.5		306.8	6.21		25,201.6		605.0	4.80
Funds sold and securities purchased under agreement to resell	1,022.3		26.1	5.08		1,187.4		27.2	4.55
Loans held for sale	12,336.0		374.1	6.07		10,640.5		341.6	6.42
Interest-bearing deposits	26.4		0.8	5.71		159.5		2.7	3.46
Interest earning trading assets	15,429.0		403.2	5.27		1,921.4		56.8	5.96
Total earning assets	158,528.7		5,120.3	6.51		157,324.5		4,743.4	6.08
Allowance for loan and lease losses	(1,044.0	)				(1,044.0	)
Cash and due from banks	3,473.6					3,977.4
Premises and equipment	1,990.5					1,889.7
Other assets	14,460.3					14,532.0
Noninterest earning trading assets	985.9					940.0
Unrealized gains on securities available for sale, net	2,352.2					1,570.2
Total assets	$180,747.2					$179,189.8
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing deposits:
NOW accounts	$19,943.6		$235.0	2.38	%	$16,905.1		$127.5	1.52	%
Money market accounts	21,930.3		284.8	2.62		25,358.4		310.0	2.47
Savings	4,905.1		31.1	1.28		5,225.7		31.2	1.21
Consumer time	16,876.2		373.6	4.46		14,687.5		264.0	3.63
Other time	12,038.7		288.5	4.83		10,182.7		206.5	4.09
Total interest-bearing consumer and commercial deposits	75,693.9		1,213.0	3.23		72,359.4		939.2	2.62
Brokered deposits	17,925.1		478.3	5.31		16,576.1		391.4	4.70
Foreign deposits	7,416.1		195.8	5.25		9,353.9		219.3	4.66
Total interest-bearing deposits	101,035.1		1,887.1	3.77		98,289.4		1,549.9	3.18
Funds purchased	4,328.4		113.4	5.21		4,189.8		98.0	4.65
Securities sold under agreements to repurchase	6,552.4		154.0	4.67		7,025.5		147.8	4.18
Other short-term borrowings	2,011.8		58.7	5.88		1,557.8		43.2	5.59
Long-term debt	19,388.7		498.9	5.19		19,420.0		515.1	5.35
Total interest-bearing liabilities	133,316.4		2,712.1	4.10		130,482.5		2,354.0	3.64
Noninterest-bearing deposits	22,165.7					23,878.2
Other liabilities	7,440.3					7,650.3
Shareholders’ equity	17,824.8					17,178.8
Total liabilities and shareholders’ equity	$180,747.2					$179,189.8
Interest Rate Spread				2.41	%				2.44	%
Net Interest Income - FTE 1			$2,408.2					$2,389.4
Net Interest Margin 2				3.06	%				3.06	%

¹ The fully taxable-equivalent (“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.

² The net interest margin is calculated by dividing annualized net interest income - FTE by average total earning assets.

Page 9

SunTrust Banks, Inc. and Subsidiaries

OTHER FINANCIAL DATA

(Dollars in thousands) (Unaudited)

	Three Months Ended						Six Months Ended
	June 30				%		June 30				%
	2007		2006		Change1		2007		2006		Change1
CREDIT DATA
Allowance for loan and lease losses - beginning	$1,033,939		$1,039,247		(0.5	)%	$1,044,521		$1,028,128		1.6	%
Provision for loan losses	104,680		51,759		NM		161,121		85,162		89.2
Allowance associated with loans at fair value2	-		-		-		(4,100	)	-		(100.0	)
Charge-offs
Commercial	(40,853	)	(19,155	)	NM		(63,133	)	(32,608	)	93.6
Real estate:
Home equity lines	(24,429	)	(5,534	)	NM		(40,301	)	(11,318	)	NM
Construction	(1,468	)	(109	)	NM		(2,066	)	(237	)	NM
Residential mortgages	(19,615	)	(6,373	)	NM		(33,908	)	(12,677	)	NM
Commercial real estate	(694	)	(2,346	)	(70.4	)	(981	)	(3,307	)	(70.3	)
Consumer:
Direct	(5,362	)	(5,408	)	(0.9	)	(11,218	)	(11,542	)	(2.8	)
Indirect	(19,301	)	(16,724	)	15.4		(45,062	)	(38,226	)	17.9
Total charge-offs	(111,722	)	(55,649	)	NM		(196,669	)	(109,915	)	78.9
Recoveries
Commercial	5,536		6,595		(16.1	)	11,307		13,678		(17.3	)
Real estate:
Home equity lines	2,323		1,743		33.3		3,506		3,693		(5.1	)
Construction	244		711		(65.7	)	363		765		(52.5	)
Residential mortgages	1,614		2,123		(24.0	)	3,027		4,392		(31.1	)
Commercial real estate	162		595		(72.8	)	203		3,989		(94.9	)
Consumer:
Direct	2,568		3,014		(14.8	)	5,021		6,608		(24.0	)
Indirect	11,018		11,724		(6.0	)	22,062		25,362		(13.0	)
Total recoveries	23,465		26,505		(11.5	)	45,489		58,487		(22.2	)
Net charge-offs	(88,257	)	(29,144	)	NM		(151,180	)	(51,428	)	NM
Allowance for loan and lease losses - ending	$1,050,362		$1,061,862		(1.1	)	$1,050,362		$1,061,862		(1.1	)
Net charge-offs to average loans (annualized)
Commercial	0.42	%	0.15	%	NM	%	0.30	%	0.11	%	NM	%
Real estate:
Home equity lines	0.64		0.11		NM		0.54		0.11		NM
Construction	0.04		(0.02	)	NM		0.03		(0.01	)	NM
Residential mortgages	0.23		0.05		NM		0.19		0.05		NM
Commercial real estate	0.02		0.05		(69.4	)	0.01		(0.01	)	NM
Consumer:
Direct	0.26		0.23		14.1		0.29		0.21		38.9
Indirect	0.41		0.24		71.4		0.57		0.31		84.1
Total net charge-offs to total average loans	0.30		0.10		NM		0.25		0.09		NM
Period Ended
Nonaccrual loans
Commercial	$91,895		$69,184		32.8	%
Real estate:
Construction	77,936		21,743		NM
Residential mortgages 3	511,566		136,101		NM
Commercial real estate	44,168		53,081		(16.8	)
Consumer loans	11,235		18,861		(40.4	)
Total nonaccrual loans	736,800		298,970		NM
Restructured loans	27,816		28,292		(1.7	)
Total nonperforming loans	764,616		327,262		NM
Other real estate owned (OREO)	100,973		35,576		NM
Other repossessed assets	7,250		6,953		4.3
Total nonperforming assets	$872,839		$369,791		NM
Total accruing loans past due 90 days or more	$449,038		$284,938		57.6	%
Total nonperforming loans to total loans	0.64	%	0.27	%	NM	%
Total nonperforming assets to total loans plus OREO and other repossessed assets	0.73		0.31		NM
Allowance to period-end loans	0.88		0.88		-
Allowance to nonperforming loans	137.4		324.5		(57.7	)

¹ “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

² Amount removed from the allowance for loan losses related to the Company’s election to record $4.1 billion of residential mortgages at fair value.

³ Includes home equity lines on nonaccrual status.

Page 10

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER OTHER FINANCIAL DATA

(Dollars in thousands) (Unaudited)

	Three Months Ended
	June 30 2007		March 31 2007		% Change1		December 31 2006		September 30 2006		June 30 2006
CREDIT DATA
Allowance for loan and lease losses - beginning	$1,033,939		$1,044,521		(1.0	)%	$1,087,316		$1,061,862		$1,039,247
Provision for loan losses	104,680		56,441		85.5		115,806		61,568		51,759
Allowance associated with loans at fair value2	-		(4,100	)	(100.0	)	-		-		-
Charge-offs
Commercial	(40,853	)	(22,280	)	83.4		(127,831	)	(23,062	)	(19,155	)
Real estate:
Home equity lines	(24,429	)	(15,872	)	53.9		(11,038	)	(6,460	)	(5,534	)
Construction	(1,468	)	(598	)	NM		(1,230	)	(814	)	(109	)
Residential mortgages	(19,615	)	(14,293	)	37.2		(7,806	)	(9,113	)	(6,373	)
Commercial real estate	(694	)	(287	)	NM		(4,256	)	(487	)	(2,346	)
Consumer:
Direct	(5,362	)	(5,856	)	(8.4	)	(5,924	)	(4,544	)	(5,408	)
Indirect	(19,301	)	(25,761	)	(25.1	)	(25,450	)	(18,639	)	(16,724	)
Total charge-offs	(111,722	)	(84,947	)	31.5		(183,535	)	(63,119	)	(55,649	)
Recoveries
Commercial	5,536		5,771		(4.1	)	6,657		9,636		6,595
Real estate:
Home equity lines	2,323		1,183		96.4		1,529		1,618		1,743
Construction	244		119		NM		755		520		711
Residential mortgages	1,614		1,413		14.2		1,686		1,831		2,123
Commercial real estate	162		41		NM		1,748		475		595
Consumer:
Direct	2,568		2,453		4.7		2,805		2,713		3,014
Indirect	11,018		11,044		(0.2	)	9,754		10,212		11,724
Total recoveries	23,465		22,024		6.5		24,934		27,005		26,505
Net charge-offs	(88,257	)	(62,923	)	40.3		(158,601	)	(36,114	)	(29,144	)
Allowance for loan and lease losses - ending	$1,050,362		$1,033,939		1.6		$1,044,521		$1,087,316		$1,061,862
Net charge-offs to average loans (annualized)
Commercial	0.42	%	0.19	%	NM	%	1.39	%	0.15	%	0.15	%
Real estate:
Home equity lines	0.64		0.43		48.9		0.27		0.14		0.11
Construction	0.04		0.01		NM		0.01		0.01		(0.02	)
Residential mortgages	0.23		0.15		54.1		0.07		0.08		0.05
Commercial real estate	0.02		0.01		67.1		0.08		-		0.05
Consumer:
Direct	0.26		0.33		(21.9	)	0.30		0.17		0.23
Indirect	0.41		0.73		(43.7	)	0.75		0.40		0.24
Total net charge-offs to total average loans	0.30	%	0.21	%	42.9	%	0.52	%	0.12	%	0.10	%
Period Ended
Nonaccrual loans
Commercial	$91,895		$118,737		(22.6	)%	$106,769		$263,684		$69,184
Real estate:
Construction	77,936		54,885		42.0		38,646		26,508		21,743
Residential mortgages 3	511,566		401,095		27.5		286,676		189,218		136,101
Commercial real estate	44,168		47,463		(6.9	)	55,365		54,394		53,081
Consumer loans	11,235		15,141		(25.8	)	16,302		22,685		18,861
Total nonaccrual loans	736,800		637,321		15.6		503,758		556,489		298,970
Restructured loans	27,816		27,772		0.2		27,993		28,934		28,292
Total nonperforming loans	764,616		665,093		15.0		531,751		585,423		327,262
Other real estate owned (OREO)	100,973		74,645		35.3		55,460		41,690		35,576
Other repossessed assets	7,250		6,202		16.9		6,617		6,670		6,953
Total nonperforming assets	$872,839		$745,940		17.0		$593,828		$633,783		$369,791
Total accruing loans past due 90 days or more	$449,038		$369,940		21.4	%	$353,515		$301,878		$284,938
Total nonperforming loans to total loans	0.64	%	0.57	%	12.3	%	0.44	%	0.48	%	0.27	%
Total nonperforming assets to total loans plus OREO and other repossessed assets	0.73		0.64		14.1		0.49		0.52		0.31
Allowance to period-end loans	0.88		0.88		-		0.86		0.90		0.88
Allowance to nonperforming loans	137.4		155.5		(11.6	)	196.4		185.7		324.5

¹ “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

² Amount removed from the allowance for loan losses related to the Company’s election to record $4.1 billion of residential mortgages at fair value.

³ Includes home equity lines on nonaccrual status.

Page 11

SunTrust Banks, Inc. and Subsidiaries

OTHER FINANCIAL DATA (continued)

(Dollars and shares in thousands, except per share data) (Unaudited)

	Three Months Ended June 30									Six Months Ended June 30
	Core Deposit Intangible		Mortgage Servicing Rights		Other		Total			Core Deposit Intangible		Mortgage Servicing Rights		Other		Total
OTHER INTANGIBLE ASSET ROLLFORWARD
Balance, beginning of period	$303,283		$680,837		$139,343		$1,123,463			$324,743		$657,604		$140,620		$1,122,967
Amortization	(21,087	)	(46,359	)	(4,798	)	(72,244	)		(43,632	)	(90,343	)	(9,498	)	(143,473	)
Servicing rights originated	-		116,572		-		116,572			-		243,781		-		243,781
Community Bank of Florida branch acquisition	-		-		-		-			1,085		-		-		1,085
Reclass investment to trading assets	-		-		-		-			-		-		(1,050	)	(1,050	)
Purchase of GenSpring (formerly AMA, LLC) minority shares	-		-		-		-			-		-		4,473		4,473
Sale/securitization of mortgage servicing rights	-		(30,676	)	-		(30,676	)		-		(90,668	)	-		(90,668	)
Issuance of noncompete agreement	-		-		4,231		4,231			-		-		4,231		4,231
Balance, June 30, 2006	$282,196		$720,374		$138,776		$1,141,346			$282,196		$720,374		$138,776		$1,141,346
Balance, beginning of period	$222,829		$921,255		$149,373		$1,293,457			$241,614		$810,509		$129,861		$1,181,984
Amortization	(17,255	)	(46,578	)	(7,649	)	(71,482	)		(36,040	)	(87,937	)	(12,407	)	(136,384	)
Servicing rights originated	-		182,991		-		182,991			-		335,096		-		335,096
Purchase of GenSpring (formerly AMA, LLC) minority shares	-		-		1,150		1,150			-		-		1,278		1,278
Intangible assets obtained from sale upon merger of Lighthouse Partners, net1	-		-		-		-			-		-		24,142		24,142
Sale/securitization of mortgage servicing rights	-		(115,656	)	-		(115,656	)		-		(115,656	)	-		(115,656	)
Balance, June 30, 2007	$205,574		$942,012		$142,874		$1,290,460			$205,574		$942,012		$142,874		$1,290,460
	Three Months Ended
	June 30 2007		March 31 2007		December 31 2006		September 30 2006		June 30 2006
COMMON SHARE ROLLFORWARD
Beginning balance	356,505		354,903		363,868		364,129		363,339
Common shares issued/exchanged for employee benefit plans, stock option, performance and restricted stock activity	1,228		2,218		961		1,379		790
Acquisition of treasury stock	(8,680	)	(616	)	(9,926	)	(1,640	)	-
Ending balance	349,053		356,505		354,903		363,868		364,129
COMMON STOCK REPURCHASE ACTIVITY
Number of common shares repurchased 2	8,715		653		9,962		1,660		29
Average price per share of repurchased common shares	$87.02		$82.83		$77.76		$76.69		$75.73
Total cost to acquire treasury shares	$853,386		$-		$870,669		$125,752		$-
Maximum number of common shares that may yet be purchased under plans or programs 3	2,471	4	11,151		11,767		8,360		10,000

¹ During the first quarter of 2007 SunTrust merged its wholly-owned subsidiary, Lighthouse Partners, into Lighthouse Investment Partners, LLC in exchange for a minority interest in Lighthouse Investment Partners, LLC and a revenue-sharing agreement. This transaction resulted in a $7.9 million decrease in existing intangible assets and a new intangible asset of $32.0 million.

² This figure includes shares repurchased pursuant to SunTrust’s employee stock option plans, pursuant to which participants may pay the exercise price upon exercise of SunTrust stock options by surrendering shares of SunTrust common stock which the participant already owns.

³ In August 2006, the Board authorized the Company to repurchase up to an additional $1 billion or 13,333,334 shares of the Company’s Common Stock, under which authority the Company repurchased 9,926,589 shares during 2006 under an Accelerated Share Repurchase Agreement (“ASR”). The 3,406,745 shares remaining under the August 2006 authorization, combined with 8,360,000 shares remaining under Board authorization from April 2006, left the Company with authorization to repurchase up to 11,766,745 shares as of January 1, 2007. The Company completed the aforementioned ASR with the repurchase of 615,514 shares during the first quarter of 2007 and repurchased an additional 8,022,254 shares under an ASR announced in the Company’s 8-K filing on June 7, 2007.

⁴ Pursuant to the ASR described in the June 7, 2007 8-K, the Company may receive up to 1,691,176 additional shares at the expiration of the ASR without additional payment.

The number of additional shares generally will be based on the volume weighted average share price of SunTrust’s common stock during the term of the ASR, subject to the maximum number of shares established during the hedge period of the ASR. The number of shares which the Company may repurchase on June 30, 2007 is reduced by the number of shares which will be delivered to us at the expiration of the ASR, which number cannot be computed at this time.

Page 12

SunTrust Banks, Inc. and Subsidiaries

RECONCILEMENT OF NON-GAAP MEASURES

APPENDIX A TO THE EARNINGS RELEASE

(Dollars in thousands) (Unaudited)

	Three Months Ended										Six Months Ended
	June 30 2007		March 31 2007		December 31 2006		September 30 2006		June 30 2006		June 30 2007		June 30 2006
NON-GAAP MEASURES PRESENTED IN THE EARNINGS RELEASE
Net income	$681,431		$521,296		$506,354		$535,588		$544,002		$1,202,727		$1,075,529
Securities (gains)/losses, net of tax	(146,575	)	(12	)	(21,934	)	56,926		(3,632	)	(146,588	)	(3,696	)
Net income excluding net securities gains and losses	534,856		521,284		484,420		592,514		540,370		1,056,139		1,071,833
The Coca-Cola Company dividend, net of tax	(13,218	)	(14,580	)	(13,316	)	(13,317	)	(13,316	)	(27,798	)	(26,633	)
Net income excluding net securities (gains)/losses and The Coca-Cola Company dividend	521,638		506,704		471,104		579,197		527,054		1,028,341		1,045,200
Preferred dividends	7,519		7,363		7,729		-		-		14,882		-
Net income available to common shareholders excluding net securities (gains)/losses and The Coca-Cola Company dividend	$514,119		$499,341		$463,375		$579,197		$527,054		$1,013,459		$1,045,200
Total average assets	$179,996,457		$181,506,369		$182,343,274		$180,500,921		$180,744,146		$180,747,241		$179,189,849
Average net unrealized securities gains	(2,398,651	)	(2,305,306	)	(1,965,367	)	(1,374,648	)	(1,528,041	)	(2,352,236	)	(1,570,190	)
Average assets less net unrealized securities gains	$177,597,806		$179,201,063		$180,377,907		$179,126,273		$179,216,105		$178,395,005		$177,619,659
Total average common shareholders’ equity	$17,428,101		$17,220,384		$17,655,469		$17,558,581		$17,304,451		$17,324,815		$17,178,826
Average accumulated other comprehensive income	(1,206,487	)	(1,074,497	)	(1,202,004	)	(821,317	)	(915,885	)	(1,140,856	)	(939,652	)
Total average realized common shareholders’ equity	$16,221,614		$16,145,887		$16,453,465		$16,737,264		$16,388,566		$16,183,959		$16,239,174
Return on average total assets	1.52	%	1.16	%	1.10	%	1.18	%	1.21	%	1.34	%	1.21	%
Impact of excluding net realized and unrealized securities (gains)/losses and The Coca-Cola Company dividend	(0.34	)	(0.01	)	(0.06	)	0.10		(0.03	)	(0.18	)	(0.02	)
Return on average total assets less net unrealized securities gains 1	1.18	%	1.15	%	1.04	%	1.28	%	1.18	%	1.16	%	1.19	%
Return on average common shareholders’ equity	15.51	%	12.10	%	11.20	%	12.10	%	12.61	%	13.83	%	12.63	%
Impact of excluding net realized and unrealized securities (gains)/losses and The Coca-Cola Company dividend	(2.80	)	0.44		(0.03	)	1.63		0.29		(1.20	)	0.35
Return on average realized common shareholders’ equity 2	12.71	%	12.54	%	11.17	%	13.73	%	12.90	%	12.63	%	12.98	%
Efficiency ratio 3	52.69	%	59.79	%	59.67	%	59.30	%	58.78	%	56.00	%	59.29	%
Impact of excluding amortization of intangible assets	(1.05	)	(1.14	)	(1.18	)	(1.27	)	(1.25	)	(1.09	)	(1.29	)
Tangible efficiency ratio 4	51.64	%	58.65	%	58.49	%	58.03	%	57.53	%	54.91	%	58.00	%
Total shareholders’ equity	$17,368,853		$17,968,538		$17,813,606		$18,589,307		$17,423,920
Goodwill	(6,897,050	)	(6,896,723	)	(6,889,860	)	(6,903,001	)	(6,900,222	)
Other intangible assets including mortgage servicing rights (“MSRs”)	(1,290,460	)	(1,293,457	)	(1,181,984	)	(1,120,102	)	(1,141,346	)
Mortgage servicing rights	942,012		921,255		810,510		724,323		720,374
Tangible equity	$10,123,355		$10,699,613		$10,552,272		$11,290,527		$10,102,726
Total assets	$180,314,372		$186,384,841		$182,161,609		$183,104,553		$181,143,444
Goodwill	(6,897,050	)	(6,896,723	)	(6,889,860	)	(6,903,001	)	(6,900,222	)
Other intangible assets including MSRs	(1,290,460	)	(1,293,457	)	(1,181,984	)	(1,120,102	)	(1,141,346	)
Mortgage servicing rights	942,012		921,255		810,510		724,323		720,374
Tangible assets	$173,068,874		$179,115,916		$174,900,275		$175,805,773		$173,822,250
Tangible equity to tangible assets 5	5.85	%	5.97	%	6.03	%	6.42	%	5.81	%
Net interest income	$1,195,284		$1,164,559		$1,161,289		$1,151,392		$1,168,743		$2,359,843		$2,347,784
Taxable-equivalent adjustment	24,668		23,713		23,877		22,468		21,283		48,381		41,621
Net interest income - FTE	1,219,952		1,188,272		1,185,166		1,173,860		1,190,026		2,408,224		2,389,405
Noninterest income	1,154,622		878,906		882,566		858,931		875,369		2,033,528		1,726,875
Total revenue - FTE	$2,374,574		$2,067,178		$2,067,732		$2,032,791		$2,065,395		$4,441,752		$4,116,280
Net securities (gains)/losses	(236,412	)	(20	)	(35,377	)	91,816		(5,858	)	(236,432	)	(5,962	)
Net gain on sale of Bond Trustee business	-		-		-		(112,759	)	-		-		-
Total revenue - FTE excluding net securities (gains)/losses and net gain on sale of Bond Trustee business 6	$2,138,162		$2,067,158		$2,032,355		$2,011,848		$2,059,537		$4,205,320		$4,110,318

¹ SunTrust presents a return on average assets less net unrealized gains on securities. The foregoing numbers primarily reflect adjustments to remove the effects of the Company’s securities portfolio which includes the ownership by the Company of 43.7 million shares of The Coca-Cola Company as of June 30, 2007. The Company uses this information internally to gauge its actual performance in the industry. The Company believes that the return on average assets less the net unrealized securities gains is more indicative of the Company’s return on assets because it more accurately reflects the return on the assets that are related to the Company’s core businesses which are primarily customer relationship and customer transaction driven. The return on average assets less net unrealized gains on securities is computed by dividing annualized net income, excluding securities gains/losses and The Coca-Cola Company dividend, by average assets less net unrealized securities gains.

² The Company believes that the return on average realized common shareholders’ equity is more indicative of the Company’s return on equity because the excluded equity relates primarily to the long term holding of a specific security. The return on average realized common shareholders’ equity is computed by dividing annualized net income available to common shareholders, excluding securities gains/losses and The Coca -Cola Company dividend, by average realized common shareholders’ equity.

³ Computed by dividing noninterest expense by total revenue—FTE. The efficiency ratios are presented on an 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.

⁴ SunTrust presents a tangible efficiency ratio which excludes the cost of intangible assets. The Company believes this measure is useful to investors because, by removing the effect of intangible asset costs (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. This measure is utilized by management to assess the efficiency of the Company and its lines of business.

⁵ SunTrust presents a tangible equity to tangible assets ratio that excludes the impact of purchase accounting intangible assets. The Company believes this measure is 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. This measure is used by management to analyze capital adequacy.

⁶ SunTrust presents total revenue-FTE excluding realized net securities gains/losses and the net gain on the sale of the Bond Trustee business. The Company believes total revenue-FTE without net securities gains/losses is more indicative of the Company’s performance because it isolates income that is primarily customer relationship and customer transaction driven. SunTrust further excludes the net gain on the sale of the Bond Trustee business because the Company believes the exclusion of the net gain is more indicative of normalized operations.

Page 13

SunTrust Banks, Inc. and Subsidiaries

RECONCILEMENT OF NON-GAAP MEASURES

APPENDIX A TO THE EARNINGS RELEASE, continued

(Dollars in thousands) (Unaudited)

	Three Months Ended										Six Months Ended
	June 30 2007		March 31 2007		December 31 2006		September 30 2006		June 30 2006		June 30 2007		June 30 2006
SELECTED NON-GAAP MEASURES PRESENTED IN THE EARNINGS RELEASE
Total revenue - FTE	$2,374,574		$2,067,178		$2,067,732		$2,032,791		$2,065,395		$4,441,752		$4,116,280
Gain on sale of shares of The Coca-Cola Company	(234,806	)	-		-		-		-		(234,806	)	-
Total revenue - FTE excluding gain on sale of shares of The Coca-Cola Company 1	$2,139,768		$2,067,178		$2,067,732		$2,032,791		$2,065,395		$4,206,946		$4,116,280
Net income available to common shareholders	$673,912		$513,933		$498,625		$535,588		$544,002		$1,187,845		$1,075,529
Gain on sale of shares of The Coca-Cola Company, net of tax	(145,580	)	-		-		-		-		(145,580	)	-
Net income available to common shareholders excluding gain on sale of shares of The Coca-Cola Company 1	$528,332		$513,933		$498,625		$535,588		$544,002		$1,042,265		$1,075,529
Diluted net income per average common share	$1.89		$1.44		$1.39		$1.47		$1.49		$3.33		$2.96
Impact of excluding gain on sale of shares of The Coca-Cola Company	(0.41	)	-		-		-		-		(0.41	)	-
Diluted net income per average common share excluding gain on sale of shares of The Coca-Cola Company 1	$1.48		$1.44		$1.39		$1.47		$1.49		$2.92		$2.96
Efficiency ratio	52.69	%	59.79	%	59.67	%	59.30	%	58.78	%	56.00	%	59.29	%
Impact of gain on sale of shares of The Coca-Cola Company	5.78		-		-		-		-		3.12		-
Efficiency ratio excluding gain on sale of shares of The Coca-Cola Company 1	58.47	%	59.79	%	59.67	%	59.30	%	58.78	%	59.12	%	59.29	%
Noninterest income	$1,154,622		$878,906		$882,566		$858,931		$875,369		$2,033,528		$1,726,875
Impact of gain on sale of shares of The Coca-Cola Company	(234,806	)	-		-		-		-		(234,806	)	-
Noninterest income excluding gain on sale of shares of The Coca-Cola Company 1	$919,816		$878,906		$882,566		$858,931		$875,369		$1,798,722		$1,726,875

¹ SunTrust presents total revenue-FTE, net income available to common shareholders, diluted net income per average common share, efficiency ratio and noninterest income excluding the gain on sale of shares of The Coca-Cola Company. The Company believes these measures are more indicative of the Company’s performance because they exclude a large securities gain that is not a customer relationship or customer driven transaction.

Page 14

SunTrust Banks, Inc. and Subsidiaries

QUARTER-TO-QUARTER COMPARISON - ACTUAL

APPENDIX B TO THE EARNINGS RELEASE

(Dollars in thousands) (Unaudited)

	Three Months Ended
	June 30 2007		March 31 2007		Increase/ (Decrease)				Sequential Annualized2 %		June 30 2007		June 30 2006		Increase/ (Decrease)
					Amount		%								Amount		%
STATEMENTS OF INCOME
NET INTEREST INCOME	$1,195,284		$1,164,559		$30,725		2.6	%	10.6	%	$1,195,284		$1,168,743		$26,541		2.3	%
Provision for loan losses	104,680		56,441		48,239		85.5		NM		104,680		51,759		52,921		NM
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	1,090,604		1,108,118		(17,514	)	(1.6	)	(6.3	)	1,090,604		1,116,984		(26,380	)	(2.4	)
NONINTEREST INCOME
Service charges on deposit accounts	196,844		189,035		7,809		4.1		16.5		196,844		191,645		5,199		2.7
Trust and investment management income	164,620		174,318		(9,698	)	(5.6	)	(22.3	)	164,620		175,811		(11,191	)	(6.4	)
Retail investment services	71,785		63,543		8,242		13.0		51.9		71,785		58,441		13,344		22.8
Other charges and fees	118,358		118,137		221		0.2		0.7		118,358		113,948		4,410		3.9
Investment banking income	61,999		50,157		11,842		23.6		94.4		61,999		60,481		1,518		2.5
Trading account profits and commissions	16,437		90,201		(73,764	)	(81.8	)	NM		16,437		46,182		(29,745	)	(64.4	)
Card fees	68,580		64,195		4,385		6.8		27.3		68,580		61,941		6,639		10.7
Mortgage production related income	64,322		(8,655	)	72,977		NM		NM		64,322		56,579		7,743		13.7
Mortgage servicing related income	45,527		35,403		10,124		28.6		NM		45,527		31,401		14,126		45.0
Net gain on sale upon merger of Lighthouse Partners	-		32,340		(32,340	)	(100.0	)	NM		-		-		-		-
Other noninterest income	109,738		70,212		39,526		56.3		NM		109,738		73,082		36,656		50.2
Net securities gains/(losses	236,412		20		236,392		NM		NM		236,412		5,858		230,554		NM
Total noninterest income	1,154,622		878,906		275,716		31.4		NM		1,154,622		875,369		279,253		31.9
NONINTEREST EXPENSE
Employee compensation and benefits	710,613		699,000		11,613		1.7		6.6		710,613		689,073		21,540		3.1
Net occupancy expense	84,650		86,257		(1,607	)	(1.9	)	(7.5	)	84,650		81,710		2,940		3.6
Outside processing and software	100,730		99,676		1,054		1.1		4.2		100,730		98,447		2,283		2.3
Equipment expense	53,823		49,409		4,414		8.9		35.7		53,823		48,107		5,716		11.9
Marketing and customer development	43,326		45,705		(2,379	)	(5.2	)	(20.8	)	43,326		49,378		(6,052	)	(12.3	)
Amortization of intangible assets	24,904		23,542		1,362		5.8		23.1		24,904		25,885		(981	)	(3.8	)
Other noninterest expense	233,148		232,408		740		0.3		1.3		233,148		221,493		11,655		5.3
Total noninterest expense	1,251,194		1,235,997		15,197		1.2		4.9		1,251,194		1,214,093		37,101		3.1
INCOME BEFORE INCOME TAXES	994,032		751,027		243,005		32.4		NM		994,032		778,260		215,772		27.7
Provision for income taxes	312,601		229,731		82,870		36.1		NM		312,601		234,258		78,343		33.4
NET INCOME	681,431		521,296		160,135		30.7		NM		681,431		544,002		137,429		25.3
Preferred dividends	7,519		7,363		156		2.1		8.5		7,519		-		7,519		100.0
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	673,912		513,933		159,979		31.1		NM		673,912		544,002		129,910		23.9
Gain on sale of shares of The Coca-Cola Company, net of tax	(145,580	)	-		(145,580	)	(100.0	)	NM		(145,580	)	-		(145,580	)	(100.0	)
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS EXCLUDING THE GAIN ON SALE OF SHARES OF THE COCA-COLA COMPANY 1	$528,332		$513,933		$14,399		2.8	%	11.2	%	$528,332		$544,002		($15,670	)	(2.9	)%
REVENUE AND NONINTEREST EXPENSE
Net interest income	$1,195,284		$1,164,559		$30,725		2.6	%	10.6	%	$1,195,284		$1,168,743		$26,541		2.3	%
Taxable-equivalent adjustment	24,668		23,713		955		4.0		16.1		24,668		21,283		3,385		15.9
Net interest income - FTE	1,219,952		1,188,272		31,680		2.7		10.7		1,219,952		1,190,026		29,926		2.5
Noninterest income	1,154,622		878,906		275,716		31.4		NM		1,154,622		875,369		279,253		31.9
Total revenue - FTE	2,374,574		2,067,178		307,396		14.9		59.5		2,374,574		2,065,395		309,179		15.0
Net securities (gains)/losses	(236,412	)	(20	)	(236,392	)	NM		NM		(236,412	)	(5,858	)	(230,554	)	NM
Total revenue - FTE excluding net securities (gains)/losses 1	$2,138,162		$2,067,158		$71,004		3.4	%	13.7	%	$2,138,162		$2,059,537		$78,625		3.8	%
Noninterest expense	$1,251,194		$1,235,997		15,197		1.2	%	4.9	%	$1,251,194		$1,214,093		37,101		3.1	%
Compensation expense related to fair valued mortgage loans	(12,400	)	-		(12,400	)	(100.0	)	NM		(12,400	)	-		(12,400	)	(100.0	)
Leverage lease reserve reversal	-		-		-		-		-		-		10,923		(10,923	)	(100.0	)
E2 initial implementation costs, net of corporate real estate gains	902		(9,772	)	10,674		NM		NM		902		(2,821	)	3,723		NM
Noninterest expense excluding compensation expense related to fair valued mortgage loans, leverage lease reserve reversal and E 2 implementation costs, net of corporate real estate gains 3	$1,239,696		$1,226,225		$13,471		1.1	%	4.4	%	$1,239,696		$1,222,195		$17,501		1.4	%
SELECTED AVERAGE BALANCES (Dollars in millions)
Average loans
Commercial	$33,608		$34,033		($425	)	(1.2	)%	(5.0	)%	$33,608		$33,993		($385	)	(1.1	)%
Real estate home equity lines	13,850		13,738		112		0.8		3.2		13,850		13,517		333		2.5
Real estate construction	13,710		13,430		280		2.1		8.3		13,710		12,181		1,529		12.5
Real estate 1-4 family	30,754		34,089		(3,335	)	(9.8	)	(39.1	)	30,754		34,348		(3,594	)	(10.5	)
Real estate commercial	12,732		12,831		(99	)	(0.8	)	(3.1	)	12,732		12,841		(109	)	(0.8	)
Credit card	404		370		34		9.2		37.0		404		307		97		31.5
Consumer - direct	4,347		4,220		127		3.0		12.0		4,347		4,251		96		2.3
Consumer - indirect	8,064		8,166		(102	)	(1.2	)	(5.0	)	8,064		8,386		(322	)	(3.8	)
Nonaccrual and restructured	696		638		58		9.0		36.1		696		321		375		NM
Total loans	$118,165		$121,515		($3,350	)	(2.8	)%	(11.0	)%	$118,165		$120,145		($1,980	)	(1.6	)%
Average deposits
Noninterest bearing deposits	$22,396		$21,933		$463		2.1	%	8.4	%	$22,396		$23,858		($1,462	)	(6.1	)%
NOW accounts	20,066		19,820		246		1.2		5.0		20,066		16,811		3,255		19.4
Money market accounts	21,773		22,089		(316	)	(1.4	)	(5.7	)	21,773		25,091		(3,318	)	(13.2	)
Savings	4,787		5,025		(238	)	(4.7	)	(18.9	)	4,787		5,161		(374	)	(7.3	)
Consumer and other time	28,905		28,925		(20	)	(0.1	)	(0.3	)	28,905		26,251		2,654		10.1
Total consumer and commercial deposits	97,927		97,792		135		0.1		0.6		97,927		97,172		755		0.8
Brokered and foreign deposits	23,983		26,714		(2,731	)	(10.2	)	(40.9	)	23,983		27,194		(3,211	)	(11.8	)
Total deposits	$121,910		$124,506		($2,596	)	(2.1	)%	(8.3	)%	$121,910		$124,366		($2,456	)	(2.0	)%
SELECTED CREDIT DATA
Nonaccrual loans	$736,800		$637,321		$99,479		15.6	%	62.4	%	$736,800		$298,970		$437,830		NM	%
Restructured loans	27,816		27,772		44		0.2		0.6		27,816		28,292		(476	)	(1.7	)
Total nonperforming loans	764,616		665,093		99,523		15.0		59.9		764,616		327,262		437,354		NM
Other real estate owned (OREO)	100,973		74,645		26,328		35.3		NM		100,973		35,576		65,397		NM
Other repossessed assets	7,250		6,202		1,048		16.9		67.6		7,250		6,953		297		4.3
Total nonperforming assets	$872,839		$745,940		$126,899		17.0	%	68.0	%	$872,839		$369,791		$503,048		NM	%
Allowance for loan and lease losses	$1,050,362		$1,033,939		$16,423		1.6	%	6.4	%	$1,050,362		$1,061,862		($11,500	)	(1.1	)%

¹ SunTrust presents selected financial data on a basis that excludes net securities gains/(losses) and the gain on the sale of shares of The Coca-Cola Company. The Company believes the exclusion of these items is more indicative of the Company’s performance because they exclude a large securities gain that is not a customer relationship or customer driven transaction.

² Multiply percentage change by 4 to calculate sequential annualized change. Any sequential annualized change over 100 percent is labeled as “NM” because those changes over 100 percent were not considered to be meaningful.

³ SunTrust presents noninterest expense on a basis that excludes compensation expense related to fair valued mortgage loans, leverage lease reserve reversal, and E squared initial implementation costs, net of corporate real estate gains. The Company believes the exclusion of these items is more indicative of normalized operations

Page 15

SunTrust Banks, Inc. and Subsidiaries

YEAR-TO-DATE COMPARISON - ACTUAL

APPENDIX B TO THE EARNINGS RELEASE, continued

(Dollars in thousands) (Unaudited)

	Six Months Ended
	June 30 2007		June 30 2006		Increase/ (Decrease)
					Amount		%1
STATEMENTS OF INCOME
NET INTEREST INCOME	$2,359,843		$2,347,784		$12,059		0.5	%
Provision for loan losses	161,121		85,162		75,959		89.2
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	2,198,722		2,262,622		(63,900	)	(2.8	)
NONINTEREST INCOME
Service charges on deposit accounts	385,879		377,830		8,049		2.1
Trust and investment management income	338,938		343,900		(4,962	)	(1.4	)
Retail investment services	135,328		113,430		21,898		19.3
Other charges and fees	236,495		226,330		10,165		4.5
Investment banking income	112,156		112,296		(140	)	(0.1	)
Trading account profits and commissions	106,638		83,057		23,581		28.4
Card fees	132,775		118,544		14,231		12.0
Mortgage production related income	55,667		119,616		(63,949	)	(53.5	)
Mortgage servicing related income	80,930		76,111		4,819		6.3
Net gain on sale upon merger of Lighthouse Partners	32,340		-		32,340		100.0
Other noninterest income	179,950		149,799		30,151		20.1
Net securities gains/(losses)	236,432		5,962		230,470		NM
Total noninterest income	2,033,528		1,726,875		306,653		17.8
NONINTEREST EXPENSE
Employee compensation and benefits	1,409,613		1,394,038		15,575		1.1
Net occupancy expense	170,907		162,754		8,153		5.0
Outside processing and software	200,406		193,339		7,067		3.7
Equipment expense	103,232		97,555		5,677		5.8
Marketing and customer development	89,031		92,024		(2,993	)	(3.3	)
Amortization of intangible assets	48,446		53,130		(4,684	)	(8.8	)
Other noninterest expense	465,556		447,744		17,812		4.0
Total noninterest expense	2,487,191		2,440,584		46,607		1.9
INCOME BEFORE INCOME TAXES	1,745,059		1,548,913		196,146		12.7
Provision for income taxes	542,332		473,384		68,948		14.6
NET INCOME	1,202,727		1,075,529		127,198		11.8
Preferred dividends	14,882		-		14,882		100.0
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	1,187,845		1,075,529		112,316		10.4
Gain on sale of shares of The Coca-Cola Company, net of tax	(145,580	)	-		(145,580	)	(100.0	)
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS EXCLUDING THE GAIN ON SALE OF SHARES OF THE COCA-COLA COMPANY 1	$1,042,265		1,075,529		($33,264	)	(3.1	)%
REVENUE AND NONINTEREST EXPENSE
Net interest income	$2,359,843		$2,347,784		$12,059		0.5	%
Taxable-equivalent adjustment	48,381		41,621		6,760		16.2
Net interest income - FTE	2,408,224		2,389,405		18,819		0.8
Noninterest income	2,033,528		1,726,875		306,653		17.8
Total revenue - FTE	4,441,752		4,116,280		325,472		7.9
Net securities (gains)/losses	(236,432	)	(5,962	)	230,470		NM
Total revenue - FTE excluding net securities (gains)/losses 2	$4,205,320		$4,110,318		$95,002		2.3	%
Noninterest expense	$2,487,191		$2,440,584		46,607		1.9	%
Compensation expense related to fair valued mortgage loans	(12,400	)	-		(12,400	)	(100.0	)
Leverage lease reserve reversal	-		10,923		(10,923	)	(100.0	)
E2 initial implementation costs, net of corporate real estate gains	(8,770	)	(6,934	)	(1,836	)	26.5
Noninterest expense excluding compensation expense related to fair valued mortgage loans, leverage lease reserve reversal and E 2 implementation costs, net of corporate real estate gains 3	$2,466,021		$2,444,573		$21,448		0.9	%
SELECTED AVERAGE BALANCES (Dollars in millions)
Average loans
Commercial	$33,819		$33,531		$288		0.9	%
Real estate home equity lines	13,794		13,454		340		2.5
Real estate construction	13,571		11,652		1,919		16.5
Real estate 1-4 family	32,413		32,927		(514	)	(1.6	)
Real estate commercial	12,781		12,811		(30	)	(0.2	)
Credit card	387		293		94		32.2
Consumer - direct	4,284		4,765		(481	)	(10.1	)
Consumer - indirect	8,115		8,469		(354	)	(4.2	)
Nonaccrual and restructured	667		312		355		NM
Total loans	$119,831		$118,214		$1,617		1.4	%
Average deposits
Noninterest bearing deposits	$22,166		$23,878		($1,712	)	(7.2	)%
NOW accounts	19,944		16,905		$3,039		18.0
Money market accounts	21,930		25,358		(3,428	)	(13.5	)
Savings	4,905		5,226		(321	)	(6.1	)
Consumer and other time	28,915		24,870		4,045		16.3
Total consumer and commercial deposits	97,860		96,237		1,623		1.7
Brokered and foreign deposits	25,341		25,930		(589	)	(2.3	)
Total deposits	$123,201		$122,167		$1,034		0.8	%

¹ Any change over 100 percent is labeled as “NM”. Those changes over 100 percent were not considered to be meaningful.

² SunTrust presents selected financial data on a basis that excludes net securities gains/(losses) and the gain on the sale of shares of The Coca-Cola Company. The Company believes the exclusion of these items is more indicative of the Company’s performance because they exclude a large securities gain that is not a customer relationship or customer driven transaction.

³ SunTrust presents noninterest expense on a basis that excludes compensation expense related to fair valued mortgage loans, leverage lease reserve reversal, and E ² initial implementation costs, net of corporate real estate gains. The Company believes the exclusion of these items is more indicative of normalized operations.

Page 16

Retail Line of Business	PRELIMINARY DATA
(Dollars in thousands)     (Unaudited)

	Three Months Ended						Six Months Ended
	June 30 2007		June 30 2006		%3 Change		June 30 2007		June 30 2006		%3 Change
Statement of Income
Net interest income	$580,514		$590,499		(1.7	)%	$1,156,774		$1,165,937		(0.8	)%
FTE adjustment	35		21		66.7		70		42		66.7
Net interest income - FTE	580,549		590,520		(1.7	)	1,156,844		1,165,979		(0.8	)
Provision for loan losses1	48,620		18,871		NM		93,606		38,589		NM
Net interest income after provision for loan losses - FTE	531,929		571,649		(6.9	)	1,063,238		1,127,390		(5.7	)
Noninterest income before securities gains	267,672		265,747		0.7		526,631		523,260		0.6
Securities gains, net	-		-		-		3		-		100.0
Total noninterest income	267,672		265,747		0.7		526,634		523,260		0.6
Noninterest expense before amortization of intangible assets	533,105		526,677		1.2		1,050,936		1,048,128		0.3
Amortization of intangible assets	17,245		21,075		(18.2	)	36,017		43,608		(17.4	)
Total noninterest expense	550,350		547,752		0.5		1,086,953		1,091,736		(0.4	)
Income before provision for income taxes	249,251		289,644		(13.9	)	502,919		558,914		(10.0	)
Provision for income taxes	90,270		105,652		(14.6	)	182,722		204,059		(10.5	)
FTE adjustment	35		21		66.7		70		42		66.7
Net income	$158,946		$183,971		(13.6	)	$320,127		$354,813		(9.8	)
Total revenue - FTE	$848,221		$856,267		(0.9	)	$1,683,478		$1,689,239		(0.3	)
Average Balance Sheet 2
Total loans	$31,579,084		$30,437,883		3.7	%	$31,409,677		$30,839,730		1.8	%
Goodwill	4,897,762		4,897,367		-		4,895,042		4,884,959		0.2
Other intangible assets excluding MSRs	211,917		291,277		(27.2	)	221,153		302,220		(26.8	)
Total assets	37,734,467		37,904,665		(0.4	)	37,708,718		38,198,537		(1.3	)
Total deposits	68,743,828		69,539,701		(1.1	)	69,015,114		68,384,403		0.9
Performance Ratios
Efficiency ratio	64.88	%	63.97	%			64.57	%	64.63	%
Impact of excluding cost of intangible assets	(5.89	)	(6.24	)			(5.98	)	(6.43	)
Tangible efficiency ratio	58.99	%	57.73	%			58.59	%	58.20	%

¹ Provision for loan losses represents net charge-offs for the lines of business.

² Shareholders’ equity is not allocated to the lines of business at this time; business line performance does not include the funding benefit that would result from holding shareholders’ equity at the line of business level.

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

Page 17

Commercial Line of Business	PRELIMINARY DATA
(Dollars in thousands)     (Unaudited)

	Three Months Ended						Six Months Ended
	June 30 2007		June 30 2006		% Change		June 30 2007		June 30 2006		% Change
Statement of Income
Net interest income	$220,089		$232,037		(5.1	)%	$439,427		$458,575		(4.2	)%
FTE adjustment	9,359		9,971		(6.1	)	18,886		19,935		(5.3	)
Net interest income - FTE	229,448		242,008		(5.2	)	458,313		478,510		(4.2	)
Provision for loan losses1	7,776		6,656		16.8		10,722		5,559		92.9
Net interest income after provision for loan losses - FTE	221,672		235,352		(5.8	)	447,591		472,951		(5.4	)
Noninterest income before securities gains/(losses)	74,212		70,825		4.8		144,814		141,472		2.4
Securities gains/(losses), net	-		-		-		-		-		-
Total noninterest income	74,212		70,825		4.8		144,814		141,472		2.4
Noninterest expense before amortization of intangible assets	165,311		167,875		(1.5	)	334,947		339,110		(1.2	)
Amortization of intangible assets	-		-		-		-		-		-
Total noninterest expense	165,311		167,875		(1.5	)	334,947		339,110		(1.2	)
Income before provision for income taxes	130,573		138,302		(5.6	)	257,458		275,313		(6.5	)
Provision for income taxes	20,586		21,190		(2.8	)	39,794		44,729		(11.0	)
FTE adjustment	9,359		9,971		(6.1	)	18,886		19,935		(5.3	)
Net income	$100,628		$107,141		(6.1	)	$198,778		$210,649		(5.6	)
Total revenue - FTE	$303,660		$312,833		(2.9	)	$603,127		$619,982		(2.7	)
Average Balance Sheet 2
Total loans	$33,258,483		$32,821,777		1.3	%	$33,056,392		$32,219,821		2.6	%
Goodwill	1,262,176		1,264,845		(0.2	)	1,262,176		1,263,115		(0.1	)
Other intangible assets excluding MSRs	-		-		-		-		-		-
Total assets	35,683,882		35,290,908		1.1		35,476,602		34,662,079		2.3
Total deposits	14,275,554		13,641,334		4.6		14,257,189		13,680,130		4.2
Performance Ratios
Efficiency ratio	54.44	%	53.66	%			55.54	%	54.70	%
Impact of excluding cost of intangible assets	(2.35	)	(2.24	)			(2.40	)	(2.30	)
Tangible efficiency ratio	52.09	%	51.42	%			53.14	%	52.40	%

¹ Provision for loan losses represents net charge-offs for the lines of business.

² Shareholders’ equity is not allocated to the lines of business at this time; business line performance does not include the funding benefit that would result from holding shareholders’ equity at the line of business level.

Page 18

Corporate and Investment Banking Line of Business	PRELIMINARY DATA
(Dollars in thousands)     (Unaudited)

	Three Months Ended						Six Months Ended
	June 30 2007		June 30 2006		%3 Change		June 30 2007		June 30 2006		%3 Change
Statement of Income
Net interest income	$42,456		$49,706		(14.6	)%	$84,465		$110,489		(23.6	)%
FTE adjustment	10,995		7,500		46.6		20,946		14,107		48.5
Net interest income - FTE	53,451		57,206		(6.6	)	105,411		124,596		(15.4	)
Provision for loan losses1	14,600		(435	)	NM		16,863		(830	)	NM
Net interest income after provision for loan losses - FTE	38,851		57,641		(32.6	)	88,548		125,426		(29.4	)
Noninterest income before securities gains/(losses)	199,155		159,274		25.0		344,475		315,386		9.2
Securities gains/(losses), net	-		-		-		-		-		-
Total noninterest income	199,155		159,274		25.0		344,475		315,386		9.2
Noninterest expense before amortization of intangible assets	131,994		116,794		13.0		258,095		249,936		3.3
Amortization of intangible assets	122		122		-		244		244		-
Total noninterest expense	132,116		116,916		13.0		258,339		250,180		3.3
Income before provision for income taxes	105,890		99,999		5.9		174,684		190,632		(8.4	)
Provision for income taxes	28,811		30,121		(4.4	)	44,391		57,142		(22.3	)
FTE adjustment	10,995		7,500		46.6		20,946		14,107		48.5
Net income	$66,084		$62,378		5.9		$109,347		$119,383		(8.4	)
Total revenue - FTE	$252,606		$216,480		16.7		$449,886		$439,982		2.3
Average Balance Sheet2
Total loans	$15,234,660		$16,394,765		(7.1	)%	$15,752,200		$16,197,153		(2.7	)%
Goodwill	147,470		147,666		(0.1	)	147,470		147,569		(0.1	)
Other intangible assets excluding MSRs	1,157		1,647		(29.8	)	1,221		2,224		(45.1	)
Total assets	23,722,665		23,765,119		(0.2	)	23,844,914		23,518,942		1.4
Total deposits	2,779,900		2,999,145		(7.3	)	2,789,906		3,337,324		(16.4	)
Performance Ratios
Efficiency ratio	52.30	%	54.01	%			57.42	%	56.86	%
Impact of excluding cost of intangible assets	(0.38	)	(0.46	)			(0.46	)	(0.47	)
Tangible efficiency ratio	51.92	%	53.55	%			56.96	%	56.39	%

¹ Provision for loan losses represents net charge-offs for the lines of business.

² Shareholders’ equity is not allocated to the lines of business at this time; business line performance does not include the funding benefit that would result from holding shareholders’ equity at the line of business level.

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

Page 19

Mortgage Line of Business	PRELIMINARY DATA
(Dollars in thousands)     (Unaudited)

	Three Months Ended						Six Months Ended
	June 30 2007		June 30 2006		%3 Change		June 30 2007		June 30 2006		%3 Change
Statement of Income
Net interest income	$135,485		$149,361		(9.3	)%	$266,163		$298,197		(10.7	)%
FTE adjustment	-		-		-		-		-		-
Net interest income - FTE	135,485		149,361		(9.3	)	266,163		298,197		(10.7	)
Provision for loan losses 1	13,051		2,128		NM		23,260		5,000		NM
Net interest income after provision for loan losses - FTE	122,434		147,233		(16.8	)	242,903		293,197		(17.2	)
Noninterest income before securities gains/(losses)	136,931		100,322		36.5		175,412		220,668		(20.5	)
Securities gains/(losses), net	-		-		-		-		-		-
Total noninterest income	136,931		100,322		36.5		175,412		220,668		(20.5	)
Noninterest expense before amortization of intangible assets	196,411		152,194		29.1		347,976		297,277		17.1
Amortization of intangible assets	763		763		-		1,527		1,527		-
Total noninterest expense	197,174		152,957		28.9		349,503		298,804		17.0
Income before provision for income taxes	62,191		94,598		(34.3	)	68,812		215,061		(68.0	)
Provision for income taxes	20,064		32,667		(38.6	)	19,184		75,449		(74.6	)
FTE adjustment	-		-		-		-		-		-
Net income	$42,127		$61,931		(32.0	)	$49,628		$139,612		(64.5	)
Total revenue - FTE	$272,416		$249,683		9.1		$441,575		$518,865		(14.9	)
Average Balance Sheet 2
Total loans	$29,447,549		$32,009,078		(8.0	)%	$30,906,163		$30,478,394		1.4	%
Goodwill	276,635		275,705		0.3		276,310		263,015		5.1
Other intangible assets excluding MSRs	3,503		6,562		(46.6	)	3,901		6,942		(43.8	)
Total assets	47,866,786		41,088,776		16.5		46,076,743		40,335,162		14.2
Total deposits	2,378,640		1,843,188		29.1		2,086,942		1,644,671		26.9
Performance Ratios
Efficiency ratio	72.38	%	61.26	%			79.15	%	57.59	%
Impact of excluding cost of intangible assets	(1.08	)	(1.04	)			(1.41	)	(0.93	)
Tangible efficiency ratio	71.30	%	60.22	%			77.74	%	56.66	%
Other Information
Production Data
Channel mix
Retail	$6,767,535		$6,571,921		3.0	%	$12,687,187		$11,747,315		8.0	%
Wholesale	6,447,113		4,971,300		29.7		12,019,225		9,208,907		30.5
Correspondent	4,745,579		3,486,658		36.1		8,080,169		5,624,910		43.6
Total production	$17,960,227		$15,029,879		19.5		$32,786,581		$26,581,132		23.3
Channel mix - percent
Retail	38	%	44	%			39	%	44	%
Wholesale	36		33				37		35
Correspondent	26		23				24		21
Total production	100	%	100	%			100	%	100	%
Purchase and refinance mix
Refinance	$7,721,183		$5,087,567		51.8		$15,287,725		$9,424,772		62.2
Purchase	10,239,044		9,942,312		3.0		17,498,856		17,156,360		2.0
Total production	$17,960,227		$15,029,879		19.5		$32,786,581		$26,581,132		23.3
Purchase and refinance mix - percent
Refinance	43	%	34	%			47	%	35	%
Purchase	57		66				53		65
Total production	100	%	100	%			100	%	100	%
Applications	$24,369,784		$22,169,211		9.9		$48,868,769		$42,366,894		15.3
Mortgage Servicing Data (End of Period)
Total loans serviced	$150,456,415		$121,436,424		23.9	%
Total loans serviced for others	105,123,313		80,511,802		30.6
Net carrying value of MSRs	942,012		720,263		30.8
Ratio of net carrying value of MSRs to total loans serviced for others	0.896	%	0.895	%

¹ Provision for loan losses represents net charge-offs for the lines of business.

² Shareholders’ equity is not allocated to the lines of business at this time; business line performance does not include the funding benefit that would result from holding shareholders’ equity at the line of business level.

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

Page 20

Wealth and Investment Management Line of Business	PRELIMINARY DATA
(Dollars in thousands)     (Unaudited)

	Three Months Ended						Six Months Ended
	June 30 2007		June 30 2006		%3 Change		June 30 2007		June 30 2006		%3 Change
Statement of Income
Net interest income	$86,975		$91,215		(4.6	)%	$176,050		$181,178		(2.8	)%
FTE adjustment	12		17		(29.4	)	28		34		(17.6	)
Net interest income - FTE	86,987		91,232		(4.7	)	176,078		181,212		(2.8	)
Provision for loan losses1	2,951		751		NM		4,011		943		NM
Net interest income after provision for loan losses - FTE	84,036		90,481		(7.1	)	172,067		180,269		(4.5	)
Noninterest income before securities gains/(losses)	248,963		251,103		(0.9	)	533,518		489,453		9.0
Securities gains/(losses), net	65		(15	)	NM		9		(53	)	NM
Total noninterest income	249,028		251,088		(0.8	)	533,527		489,400		9.0
Noninterest expense before amortization of intangible assets	241,691		245,924		(1.7	)	504,377		495,922		1.7
Amortization of intangible assets	6,553		3,702		77.0		10,216		7,307		39.8
Total noninterest expense	248,244		249,626		(0.6	)	514,593		503,229		2.3
Income before provision for income taxes	84,820		91,943		(7.7	)	191,001		166,440		14.8
Provision for income taxes	31,473		34,430		(8.6	)	70,262		62,003		13.3
FTE adjustment	12		17		(29.4	)	28		34		(17.6	)
Net income	$53,335		$57,496		(7.2	)	$120,711		$104,403		15.6
Total revenue - FTE	$336,015		$342,320		(1.8	)	$709,605		$670,612		5.8
Average Balance Sheet 2
Total loans	$8,026,076		$8,063,724		(0.5	)%	$8,110,682		$8,106,158		0.1	%
Goodwill	304,262		305,456		(0.4	)	314,363		301,745		4.2
Other intangible assets excluding MSRs	136,557		123,825		10.3		127,020		123,124		3.2
Total assets	8,941,690		8,853,497		1.0		9,002,749		8,874,153		1.4
Total deposits	9,869,892		9,158,372		7.8		9,827,249		9,158,801		7.3
Performance Ratios
Efficiency ratio	73.88	%	72.92	%			72.52	%	75.04	%
Impact of excluding cost of intangible assets	(2.96	)	(2.04	)			(2.38	)	(2.08	)
Tangible efficiency ratio	70.92	%	70.88	%			70.14	%	72.96	%
Other Information (End of Period)
Assets under adminstration
Managed (discretionary) assets	$139,149,853		$135,046,000		3.0	%
Non-managed assets	60,290,599		51,072,000		18.1
Total assets under administration	199,440,452		186,118,000		7.2
Brokerage assets	42,494,858		35,016,000		21.4
Corporate trust assets	7,941,416		28,213,000		(71.9	)
Total assets under advisement	$249,876,726		$249,347,000		0.2

¹ Provision for loan losses represents net charge-offs for the lines of business.

² Shareholders’ equity is not allocated to the lines of business at this time; business line performance does not include the funding benefit that would result from holding shareholders’ equity at the line of business level.

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

Page 21

Corporate Other and Treasury	PRELIMINARY DATA
(Dollars in thousands)     (Unaudited)

	Three Months Ended						Six Months Ended
	June 30 2007		June 30 2006		%2 Change		June 30 2007		June 30 2006		%2 Change
Statement of Income
Net interest income	$129,765		$55,925		NM	%	$236,964		$133,408		77.6	%
FTE adjustment	4,267		3,774		13.1		8,451		7,503		12.6
Net interest income - FTE	134,032		59,699		NM		245,415		140,911		74.2
Provision for loan losses1	17,682		23,788		(25.7	)	12,659		35,901		(64.7	)
Net interest income after provision for loan losses - FTE	116,350		35,911		NM		232,756		105,010		NM
Noninterest income before securities gains	(8,723	)	22,240		NM		72,246		30,674		NM
Securities gains, net	236,347		5,873		NM		236,420		6,015		NM
Total noninterest income	227,624		28,113		NM		308,666		36,689		NM
Noninterest expense before amortization of intangible assets	(42,222	)	(21,256	)	98.6		(57,586	)	(42,919	)	34.2
Amortization of intangible assets	221		223		(0.9	)	442		444		(0.5	)
Total noninterest expense	(42,001	)	(21,033	)	99.7		(57,144	)	(42,475	)	34.5
Income before provision for income taxes	385,975		85,057		NM		598,566		184,174		NM
Provision for income taxes	121,397		10,198		NM		185,979		30,002		NM
FTE adjustment	4,267		3,774		13.1		8,451		7,503		12.6
Net income	$260,311		$71,085		NM		$404,136		$146,669		NM
Total revenue - FTE	$361,656		$87,812		NM		$554,081		$177,600		NM
Measures excluding securities gains/(losses), net
Total revenue - FTE	$361,656		$87,812		NM	%	$554,081		$177,600		NM	%
Securities gains, net	(236,347	)	(5,873	)	NM		(236,420	)	(6,015	)	NM
Total revenue - FTE excluding net securities gains3	$125,309		$81,939		52.9		$317,661		$171,585		85.1
Net income	$260,311		$71,085		NM		$404,136		$146,669		NM
Gain on sale of shares of The Coca-Cola Company, net of tax	(145,580	)	-		(100.0	)	(145,580	)	-		(100.0	)
Net Income excluding gain on shares of The Coca-Cola Company 4	$114,731		$71,085		61.4		$258,556		$146,669		76.3
Average Balance Sheet
Total loans	$618,774		$417,246		48.3	%	$595,391		$372,828		59.7	%
Securities available for sale	17,524,366		25,494,198		(31.3	)	20,116,132		25,132,642		(20.0	)
Goodwill	7,095		7,419		(4.4	)	7,672		7,996		(4.1	)
Other intangible assets excluding MSRs	4,957		5,846		(15.2	)	5,073		5,956		(14.8	)
Total assets	26,046,967		33,841,181		(23.0	)	28,637,515		33,600,976		(14.8	)
Total deposits (mainly brokered and foreign)	23,861,897		27,184,891		(12.2	)	25,224,469		25,962,278		(2.8	)
	June 30 2007		December 31 2006
Other Information
Duration of investment portfolio	5.2	%	3.1	%
Net interest income interest rate sensitivity:
% Change in net interest income under:
Instantaneous 100 bp increase in rates over next 12 months	0.3	%	(0.9	)%
Instantaneous 100 bp decrease in rates over next 12 months	(0.7	)%	1.0	%

¹ Provision for loan losses represents difference between net charge-offs for the lines of business and consolidated provision for loan losses.

² “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

³ SunTrust presents total revenue excluding realized securities gains/losses. The Company believes total revenue without the securities gains/losses is more indicative of the Company’s performance because it isolates income that is primarily customer relationship and customer transaction driven.

⁴ SunTrust presents net income avalable to common shareholders excluding the gain on sale of shares of the Coca-Cola Company. The Company believes that this measure is more indicative of the Company’s performance because it excludes a large securities gain that is not a customer relationship nor a customer driven transaction.

Page 22

Consolidated - Segment Totals	PRELIMINARY DATA
(Dollars in thousands)    (Unaudited)

	Three Months Ended						Six Months Ended
	June 30 2007		June 30 2006		%1 Change		June 30 2007		June 30 2006		%1 Change
Statement of Income
Net interest income	$1,195,284		$1,168,743		2.3	%	$2,359,843		$2,347,784		0.5	%
FTE adjustment	24,668		21,283		15.9		48,381		41,621		16.2
Net interest income - FTE	1,219,952		1,190,026		2.5		2,408,224		2,389,405		0.8
Provision for loan losses	104,680		51,759		NM		161,121		85,162		89.2
Net interest income after provision for loan losses - FTE	1,115,272		1,138,267		(2.0	)	2,247,103		2,304,243		(2.5	)
Noninterest income before securities gains/(losses)	918,210		869,511		5.6		1,797,096		1,720,913		4.4
Securities gains/(losses), net	236,412		5,858		NM		236,432		5,962		NM
Total noninterest income	1,154,622		875,369		31.9		2,033,528		1,726,875		17.8
Noninterest expense before amortization of intangible assets	1,226,290		1,188,208		3.2		2,438,745		2,387,454		2.1
Amortization of intangible assets	24,904		25,885		(3.8	)	48,446		53,130		(8.8	)
Total noninterest expense	1,251,194		1,214,093		3.1		2,487,191		2,440,584		1.9
Income before provision for income taxes	1,018,700		799,543		27.4		1,793,440		1,590,534		12.8
Provision for income taxes	312,601		234,258		33.4		542,332		473,384		14.6
FTE adjustment	24,668		21,283		15.9		48,381		41,621		16.2
Net income	$681,431		$544,002		25.3		$1,202,727		1,075,529		11.8
Total revenue - FTE	$2,374,574		2,065,395		15.0		$4,441,752		$4,116,280		7.9
Average Balance Sheet
Total loans	$118,164,626		$120,144,473		(1.6	)%	$119,830,505		$118,214,084		1.4	%
Goodwill	6,895,400		6,898,458		-		6,903,033		6,868,399		0.5
Other intangible assets excluding MSRs	358,091		429,157		(16.6	)	358,368		440,466		(18.6	)
Total assets	179,996,457		180,744,146		(0.4	)	180,747,241		179,189,849		0.9
Total deposits	121,909,711		124,366,631		(2.0	)	123,200,869		122,167,607		0.8
Performance Ratios
Efficiency ratio	52.69	%	58.78	%			56.00	%	59.29	%
Impact of excluding cost of intangible assets	(1.05	)	(1.25	)			(1.09	)	(1.29	)
Tangible efficiency ratio	51.64	%	57.53	%			54.91	%	58.00	%

¹ “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

Page 23

EX-99.2

SunTrust Banks, Inc.

2Q 2007 Earnings Presentation

July 19, 2007

Exhibit 99.2

1

The following should be read in conjunction with the financial statements, notes and other information contained in the Company’s 2006 Annual Report on Form

10-K, Quarterly Report on Form 10-Q, and Current Reports on Form 8-K.

This presentation may include non-GAAP financial measures to describe SunTrust’s performance.  The reconciliation of those measures to GAAP measures can

be found in SunTrust’s earnings press releases, which can be found on SunTrust’s website in the news section of the investor relations pages.  In this presentation,

net interest income and net interest margin are presented on a fully taxable-equivalent (“FTE”) basis, and ratios are presented on an annualized basis. The FTE basis

adjusts

for

the

tax-favored

status

of

income

from

certain

loans

and

investments.

The

Company

believes

this

measure

to

be

the

preferred

industry

measurement

of

net

interest income and provides relevant comparison between taxable

and non-taxable amounts.

The information in this presentation may contain forward-looking statements. Statements that do not describe historical or current facts, including statements

about

beliefs

and

expectations,

are

forward-looking

statements.

These

statements

often

include

the

words

“may,”

“could,”

“will,”

“should,”

“believes,”

“expects,”

“anticipates,”

“estimates,”

“intends,”

“plans,”

“targets,”

“initiatives,”

“potentially,”

“probably,”

“projects,”

“outlook”

or

similar

expressions.

Such

statements

are

based

upon the current beliefs and expectations of SunTrust's management and on information currently available to management.  The forward looking statements are

intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Such

statements speak as of the date hereof, and SunTrust does not intend to update the statements made herein 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 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 SunTrust’s results to differ materially from those described

in the forward-looking statements can be found in the Company's 2006 Annual Report on Form 10-K, in the Company’s Quarterly Reports on Form 10-Q, and in the

Current Reports on Form 8-K filed with the Securities and Exchange Commission and available at the Securities and Exchange Commission's internet site

(http://www.sec.gov). Those factors include: changes in general business or economic conditions could have a material adverse effect on our financial condition and

results

of

operations;

changes

in

market

interest

rates

or

capital

markets

could

adversely

affect

our

revenues

and

expenses,

the

value

of

assets

and

obligations,

costs

of capital, or liquidity; the fiscal and monetary policies of the federal government and its agencies could have a material adverse effect on our earnings; significant

changes in securities markets or markets for commercial or residential real estate could harm our revenues and profitability; customers could pursue alternatives to

bank deposits, causing us to lose a relatively inexpensive source of funding; customers may decide not to use banks to complete their financial transactions, which

could affect net income; we have businesses other than banking, which subjects us to a variety of risks; hurricanes and other natural disasters may adversely affect

loan portfolios and operations and increase the cost of doing business; negative public opinion could damage our reputation and adversely impact our business; we

rely on other companies for key components of our business infrastructure; we rely on our systems, employees and certain counterparties, and certain failures could

materially adversely affect our operations; we depend on the accuracy and completeness of information about clients and counterparties; regulation by federal and

state

agencies

could

adversely

affect

our

business,

revenues,

and

profit

margins;

competition

in

the

financial

services

industry

is

intense

and

could

result

in

losing

business or reducing profit margins; future legislation could harm our competitive position; maintaining or increasing market share depends on market acceptance and

regulatory approval of new products and services; our ability to

receive dividends from our subsidiaries accounts for most of our revenues and could affect our liquidity

and ability to pay dividends; significant legal actions could subject us to substantial uninsured liabilities; 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 without whom our operations

may

suffer;

we

may

be

unable

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 the business strategy; our accounting policies and methods are key to

how we report financial condition and results of operation, and may require management to make estimates about matters that are uncertain; changes in our

accounting policies or in accounting standards could materially affect how we report our financial results and condition; our stock price can be volatile; and our

disclosure

controls

and

procedures

may

fail

to

prevent

or

detect

all

errors

or

acts

of

fraud.

2

Management’s Initiatives to Drive Shareholder Value, Announced in Mid-May, Are Already

Producing Results and Contributing to Earnings

•

E

2

Efficiency and Productivity Program

–

Primarily driven by supplier management, offshoring/outsourcing, and process reengineering, on track

to achieve accelerated expense savings target of $181M in 2007

–

Management will provide update on substantive progress in the Organizational Review initiatives by

late August

•

Balance Sheet and Capital Management Strategies

–

In early May, SunTrust sold 4.5M shares or 9% of its Coke holdings producing an after-tax gain of

$145.6M, or $0.41 per share, for 2Q 2007; management is currently evaluating alternatives for the

remaining

43.7M

shares

and

will

communicate

its

ultimate

plan

by

year-end

–

Balance sheet optimization strategies initiated earlier this year have resulted in a stronger, more

profitable earning asset mix, thereby improving the margin

•

In 2Q 2007, SunTrust NIM was 3.10%, up 10bps from 2Q 2006 and 8bps from 1Q 2007

–

These

initiatives

have

also

resulted

in

additional

capital

flexibility

–

enabling

SunTrust

to

repurchase

over $850M in shares through accelerated and open-market repurchase programs

•

SunTrust

has

already

exceeded

the

low

end

of

the

$750M

–

$1B

target

range

announced

in

mid-May

•

Management Continues to Focus on Efficiency and Productivity, Balance Sheet

Management and Business Mix Opportunities to Build Future Momentum

Update on Initiatives to Drive Shareholder Value

3

1 Does

not

include

initial

costs

associated

with

implementation,

including

severance.

($ in millions)

E

2

Efficiency and Productivity Program:                          

E

2

Estimated Gross Cost Savings¹

Savings For Fiscal Year 2009 Represent Over 10% of Expense Base

Cumulative

Total

2007

2008

2009

Corporate Real Estate

Supplier Management

Offshoring/Outsourcing

Process Reengineering

Organizational Review

100

115

45

125

145

$

$181

$350

$530

TOTAL      

$ 530

4

$80.6

$0.0

$45.0

$90.0

$135.0

$180.0

Total realized expense reductions achieved year-to-date through the end of 2Q¹

1 Does

not

include

initial

costs

associated

with

implementation,

including

severance.

($ in millions)

Gross Cost

Savings For 2Q  

= $51.8M

E

2

Efficiency and Productivity Program:                          

Making Progress on Estimated Cost Savings

E

2

2007 Estimated Gross Cost Savings¹

5

•

Moved from 4 Groups/20 Regions to 3 Groups/17 Regions

•

Introduced

a

more

efficient

approach

to

layers

of

management

and

spans

of

control

within

the

Geographies

•

Consolidating several back office operations that have historically been performed at the Region or

Group level to gain consistency and economies of scale

•

Announcing

full

effects

of

Organizational

Review

process

in

late

August

Implemented New Credit Support Structure -

Improving Efficiency and Transforming the

Commercial Lending Process, Making it Easier To Do Business With

Us

Made Significant Progress Towards Achieving $100M Gross CRE Cost

Saves

•

Four recent large property transactions in Atlanta GA, Laurel MD, Memphis TN, and Orlando FL

represent an annual savings of approximately $13M, or 50%

•

Employing a sale and leaseback strategy involving approximately 475 facilities throughout the

Southeast and Mid-Atlantic -

49 office buildings and 425 retail branches:

–

A

full

marketing

program

is

underway

for

the

branches

and

office

buildings

–

There are currently nearly 500 interested parties; balanced interest among institutional, private,

and individual investors

–

Final bids due by late September, anticipate closings to occur by year-end

Corporate

Real

Estate

Process

Reengineering

Organizational

Review

Enhanced Efficiency of Geographic Structure

•

Credit Resource Centers have been formed:

–

Successful Central Florida Region pilot underway, recently commenced additional pilots in

the Georgia, Central Virginia, and Western Virginia Regions

–

Expect full roll-out by year-end

•

Streamlining the credit process will improve client experience, eliminate administrative tasks

from Relationship Managers, and reduce headcount and expenses through the achievement of

economies of scale

E

2

Efficiency and Productivity Program:                          

Recent Highlights and Accomplishments

6

($ in millions)

Noninterest Expense

E

2

Initial Implementation Costs

E

2

Program Real Estate Gains

Elimination of FAS 91 Deferral Related

to FV Adoption

Reversal of LILO QTE Reserve

Noninterest

Expense

Excluding

E

2

Initial Implementation Costs and LILO

and FAS 91 Impact

June 30, 2007

% Change

$2,487.2

(26.2)

17.4

(12.4)

-

$2,466.0

$2,440.6

(6.9)

-

-

10.9

$2,444.6

1.9%

0.9%

Results Already Apparent As Core Expense Growth Was <1% YTD 2007

Over YTD 2006

E

2

Efficiency and Productivity Program:                          

Core Expense Growth

•

Total

E

2

Program

Initial

Implementation

Costs

for

the

first

half

of

2007

=

$26.2M

•

YTD

2007

E

2

Program

Initial

Implementation

Costs

Were

Primarily

In:

–

Corporate Real Estate

–

Offshoring/Outsourcing

–

Organizational Review

June 30, 2006

Six Months Ended

7

2Q 2007 Financial Performance

Income Statement

($ in millions, except per share data)

Net Interest Income (FTE)

Provision for Loan Losses

Noninterest Income

Noninterest Income Excluding Coke Gain

Total Revenue (FTE)

Total Revenue (FTE) Excluding Coke Gain

Total Noninterest Expense

Provision for Income Taxes¹

Net Income Available to Common

Shareholders

Net Income Available to Common

Shareholders Excluding Coke Gain

Diluted Net Income Per Average Common

Share

Diluted Net Income Per Average Common

Share Excluding Coke Gain²

$1,220.0

104.7

1,154.6

919.8

2,374.6

2,139.8

1,251.2

312.6

673.9

528.3

1.89

1.48

2Q 2007

1%

89%

18%

4%

8%

2%

2%

15%

10%

(3)%

13%

(1)%

June 30, 2007

2Q 2006

% Change

Annualized

1Q 2007

3%

102%

32%

5%

15%

4%

3%

33%

24%

(3)%

27%

(1)%

11%

342%

126%

19%

60%

14%

5%

144%

124%

11%

125%

11%

1

Effective

tax

rate

in

2Q

2007

was

31.45%

versus

30.59%

in

1Q

2007

and

30.10%

in

2Q

2006

due

to

taxes

paid

on

Coke

gain.

$2,408.2

161.1

2,033.5

1,798.7

4,441.8

4,206.9

2,487.2

542.3

1,187.8

1,042.3

3.33

2.92

June 30, 2006

% Change

2 Accelerated

share

repurchases

of

8

million

shares

entered

into

in

late

May

is

partially

reflected

in

2Q

2007.

Six Months Ended

8

2Q 2007 Financial Performance

Balance Sheet

Real Estate 1-4 Family

Real Estate Construction

Real Estate Home Equity Lines

Real Estate Commercial

Commercial

Consumer –

Direct

Consumer –

Indirect

Total Loans

Total Securities Available for Sale

Total Earning Assets

Noninterest-Bearing Deposits

NOW Accounts

Money Market Accounts

Savings

Consumer Time

Other Time

Total Consumer and Commercial Deposits

(Average balances, $ in millions)

2Q 2007

% Change

2Q 2006

$    30,754.4

13,710.1

13,849.7

12,731.8

33,607.7

4,347.5

8,063.6

118,164.6

12,055.5

$  157,594.2

$    22,395.8

20,065.8

21,773.3

4,786.7

16,942.3

11,962.4

$    97,926.3

$    34,348.0

12,180.6

13,517.5

12,840.8

33,993.0

4,251.1

8,385.8

120,144.5

25,554.8

$  158,888.8

$    23,858.0

16,811.2

25,091.3

5,161.0

15,471.7

10,779.1

$    97,172.3

(10)%

13%

2%

(1)%

(1)%

2%

(4)%

(2)%

(53)%

(1)%

(6)%

19%

(13)%

(7)%

10%

11%

1%

9

2Q 2007 Financial Performance

Financial Ratios and Other Data

Return on Average Total Assets

Return on Average Total Assets Excluding Coke Gain

Return on Average Common Shareholders’

Equity

Return on Average Common Shareholders’

Equity

Excluding Coke Gain 

Net Interest Margin

Efficiency Ratio

Efficiency Ratio Excluding Coke Gain

Tier 1 Capital Ratio

Annualized Total Net Charge-Offs to Total Average

Loans

1.16%

1.16%

12.10%

12.10%

3.02%

59.79%

59.79%

7.60%

0.21%

2Q 2007

1Q 2007

1.52%

1.19%

15.51%

12.16%

3.10%

52.69%

58.47%

7.5%

0.30%

Diluted Average Common Shares

Outstanding (000s)

357,214

356,008

1

1 Estimated as of the earnings release date.

2 Accelerated

share

repurchases

of

8

million

shares

entered

into

in

late

May

is

partially

reflected

in

2Q

2007.

2

10

Review of 2Q 2007 Credit Quality and Outlook

•

SunTrust’s credit quality continues to be solid; however, credit trends are normalizing in addition to

the negative impact from deterioration in certain segments of the consumer real estate market

•

The primary contributors were a higher number of relatively small commercial loan, higher LTV home

equity line, and Alt-A mortgage product charge-offs

•

The

decrease

in

average

total

loans

resulting

from

$6B

in

loan

sales

contributed

1–

2bps

of

the

increase in the annualized net charge-off ratio

•

Company

increased

reserve

level

by

$16M

in

2Q

2007;

provision

of

$104.7M

exceeded

$88.3M

in net

charge-offs

•

Management expects net charge-offs for the year to be in the 25-30bp range

Commercial

–

Nature of commercial charge-offs is volatile

–

Experienced higher number of smaller commercial and

corporate charge-offs than expected

Home Equity Lines

–

Attributable to increased loss experience on higher LTV

product (>90% LTV) and general portfolio seasoning

Residential Mortgage

–

Higher losses in Alt-A segment and general portfolio

seasoning

19

42

Commercial

43

64

Home Equity Lines

15

23

Residential Mortgage

21

30

Total Loan Portfolio

1Q 2007

2Q 2007

Category

Annualized NCOs /

Avg. Loans (in bps)

15

11

5

10

2Q 2006

11

Additional Reconciliations

12

2nd Quarter

1st Quarter

2007

2007

Return on average total assets

1.52

%

1.16

%

Impact of excluding gain on sale of shares of The Coca-Cola Company

(0.33)

-

Return on average total assets excluding Coke gain

1.19

%

1.16

%

Return on average common shareholders' equity

15.51

%

12.10

%

Impact of excluding gain on sale of shares of The Coca-Cola Company

(3.35)

-

Return on average common shareholders' equity excluding Coke gain

12.16

%

12.10

%