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) November 3, 2010

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 7.01 Regulation FD Disclosure.

SunTrust Banks, Inc. (the “Registrant”, “SunTrust”, or the “Company”) is scheduled to make a presentation at the BancAnalysts Association of Boston Conference on Thursday, November 4, 2010 at 11:25 AM Eastern Time. William H. Rogers, Jr., President, will make SunTrust’s presentation. A copy of the slide package to be used by the Registrant at this conference is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. Such slide package will also be available on the Registrant’s web site at www.suntrust.com. Information contained on the Registrant’s website expressly is not incorporated by reference into this Current Report on Form 8-K.

The information in the preceding paragraph, as well as Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section. It may only be incorporated by reference into another filing under the Exchange Act or Securities Act of 1933 if such subsequent filing specifically references Section 7.01 of this Current Report on Form 8-K. All information in the slide package speaks 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 7.01 of this report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Slide package to be presented on November 4, 2010 (furnished with the Commission as a part of this Current Report on 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: November 3, 2010.	By:	/s/    David A. Wisniewski
		David A. Wisniewski,
		Associate General Counsel and Group Vice President

EX-99.1

SunTrust Banks, Inc.

BancAnalysts

Association of Boston Conference

November 4, 2010

William H. Rogers, Jr.

President

Exhibit 99.1

1

Important

Cautionary

Statement

About

Forward-Looking

Statements

The

following

should

be

read

in

conjunction

with

the

financial

statements,

notes

and

other

information

contained

in

the

Company’s

2009

Annual

Report

on

Form

10-K,

Quarterly

Reports

on

Form10-Q,

and

Current

Reports

on

Form

8-K.

This

presentation

includes

non-GAAP

financial

measures

to

describe

SunTrust’s

performance.

The

reconciliations

of

those

measures

to

GAAP

measures

are

provided

within

or

in

the

appendix

of

this

presentation.

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.

This

presentation

contains

forward-looking

statements.

Any

statement

that

does

not

describe

historical

or

current

facts,

is

a

forward-looking

statement.

These

statements

often

include

the

words

“believes,”

“expects,”

“anticipates,”

“estimates,”

“intends,”

“plans,”

“goals,”

“targets,”

“initiatives,”

“potentially,”

“probably,”

“projects,”

“outlook”

or

similar

expressions

or

future

conditional

verbs

such

as

“may,”

“will,”

“should,”

“would,”

and

“could.”

Forward-looking

statements

are

based

upon

the

current

beliefs

and

expectations

of

management

and

on

information

currently

available

to

management.

Our

statements

speak

as

of

the

date

hereof,

and

we

do

not

assume

any

obligation

to

update

these

statements

or

to

update

the

reasons

why

actual

results

could

differ

from

those

contained

in

such

statements

in

light

of

new

information

or

future

events.

Forward-looking

statements

are

subject

to

significant

risks

and

uncertainties.

Investors

are

cautioned

against

placing

undue

reliance

on

such

statements.

Actual

results

may

differ

materially

from

those

set

forth

in

the

forward-looking

statements.

Factors

that

could

cause

actual

results

to

differ

materially

from

those

described

in

the

forward-looking

statements

can

be

found

in

Item

1A

of

Part

I

of

our

10-K

and

in

other

periodic

reports

that

we

file

with

the

SEC.

Those

factors

include:

our

expense

for

regulatory

assessment

may

increase

as

a

result

of

the

passage

of

the

Dodd-Frank

Reform

Act;

difficult

market

conditions

have

adversely

affected

our

industry;

recent

levels

of

market

volatility

are

unprecedented;

we

are

subject

to

capital

adequacy

guidelines

and,

if

we

fail

to

meet

these

guidelines,

our

financial

condition

would

be

adversely

affected;

recently

enacted

legislation,

or

legislation

enacted

in

the

future,

or

any

proposed

federal

programs

subject

us

to

increased

regulation

and

may

adversely

affect

us;

we

have

not

yet

received

permission

to

repay

TARP

funds;

emergency

measures

designed

to

stabilize

the

U.S.

banking

system

are

beginning

to

wind

down;

we

are

subject

to

credit

risk;

weakness

in

the

economy

and

in

the

real

estate

market,

including

specific

weakness

within

our

geographic

footprint,

has

adversely

affected

us

and

may

continue

to

adversely

affect

us;

weakness

in

the

real

estate

market,

including

the

secondary

residential

mortgage

loan

markets,

has

adversely

affected

us

and

may

continue

to

adversely

affect

us;

as

a

financial

services

company,

adverse

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

revenue

and

expense,

the

value

of

assets

and

obligations,

and

the

availability

and

cost

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;

we

may

be

required

to

repurchase

mortgage

loans

or

indemnify

mortgage

loan

purchasers

as

a

result

of

breaches

of

representations

and

warranties,

borrower

fraud,

or

certain

borrower

defaults,

which

could

harm

our

liquidity,

results

of

operations,

and

financial

condition;

we

may

continue

to

suffer

increased

losses

in

our

loan

portfolio

despite

enhancement

of

our

underwriting

policies;

depressed

market

values

for

our

stock

may

require

us

to

write

down

goodwill;

clients

could

pursue

alternatives

to

bank

deposits,

causing

us

to

lose

a

relatively

inexpensive

source

of

funding;

consumers

may

decide

not

to

use

banks

to

complete

their

financial

transactions,

which

could

affect

net

income;

we

have

businesses

other

than

banking

which

subject

us

to

a

variety

of

risks;

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

business

and

revenues;

we

rely

on

other

companies

to

provide

key

components

of

our

business

infrastructure;

the

soundness

of

other

financial

institutions

could

adversely

affect

us;

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;

we

are

subject

to

certain

litigation,

and

our

expenses

related

to

this

litigation

may

adversely

affect

our

results;

regulation

by

federal

and

state

agencies

could

adversely

affect

the

business,

revenue,

and

profit

margins;

competition

in

the

financial

services

industry

is

intense

and

could

result

in

losing

business

or

reducing

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;

we

may

not

pay

dividends

on

your

common

stock;

our

ability

to

receive

dividends

from

our

subsidiaries

accounts

for

most

of

our

revenue

and

could

affect

our

liquidity

and

ability

to

pay

dividends;

significant

legal

actions

could

subject

us

to

substantial

uninsured

liabilities;

recently

declining

values

of

real

estate,

increases

in

unemployment,

and

the

related

effects

on

local

economies

may

increase

our

credit

losses,

which

would

negatively

affect

our

financial

results;

deteriorating

credit

quality,

particularly

in

real

estate

loans,

has

adversely

impacted

us

and

may

continue

to

adversely

impact

us;

our

allowance

for

loan

losses

may

not

be

adequate

to

cover

our

eventual

losses;

we

will

realize

future

losses

if

the

proceeds

we

receive

upon

liquidation

of

nonperforming

assets

are

less

than

the

carrying

value

of

such

assets;

disruptions

in

our

ability

to

access

global

capital

markets

may

negatively

affect

our

capital

resources

and

liquidity;

in

2009

and

2010,

credit

rating

agencies

downgraded

the

credit

ratings

of

SunTrust

Bank

and

SunTrust

Banks,

Inc.,

and

these

downgrades

and

any

subsequent

downgrades

could

adversely

impact

the

price

and

liquidity

of

our

securities

and

could

have

an

impact

on

our

businesses

and

results

of

operations;

we

have

in

the

past

and

may

in

the

future

pursue

acquisitions,

which

could

affect

costs

and

from

which

we

may

not

be

able

to

realize

anticipated

benefits;

we

depend

on

the

expertise

of

key

personnel,

and

if

these

individuals

leave

or

change

their

roles

without

effective

replacements,

operations

may

suffer;

we

may

not

be

able

to

hire

or

retain

additional

qualified

personnel

and

recruiting

and

compensation

costs

may

increase

as

a

result

of

turnover,

both

of

which

may

increase

costs

and

reduce

profitability

and

may

adversely

impact

our

ability

to

implement

our

business

strategy;

our

accounting

policies

and

processes

are

critical

to

how

we

report

our

financial

condition

and

results

of

operations,

and

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;

our

disclosure

controls

and

procedures

may

not

prevent

or

detect

all

errors

or

acts

of

fraud;

our

financial

instruments

carried

at

fair

value

expose

us

to

certain

market

risks;

our

revenues

derived

from

our

investment

securities

may

be

volatile

and

subject

to

a

variety

of

risks;

and

we

may

enter

into

transactions

with

off-balance

sheet

affiliates

or

our

subsidiaries.

2

•

Diversify the balance

sheet

•

Optimize business mix

•

Improve expense

efficiency

•

Grow market share

Investment Thesis

Large Diversified Franchise

•

High market share in attractive

growth markets

•

Diversified business and product

mix

Growth Strategies

Stable Base Provides Solid Foundation for Future Growth

•

Diversified credit profile

•

Improved credit trends

•

Enhanced risk profile

Improved Results and Capital

Structure

Strengthened Credit and Risk

Profile

•

Improved core results

•

Funding mix improved

with large, stable deposit

base

•

Solid capital ratios

3

Projected

Population

Growth

4

1.

Source: SNL Financial, as of 6/30/2010 based on MSAs

2.

As of 9/30/2010

3.

Source: SNL Financial---projected household income change, 2010-2015, MSA + counties not in any MSA, at 10/12/2010

4.

Source: SNL Financial---five-year population growth, 2010-2015, MSA + counties not in any MSA, at 10/12/2010

SunTrust Footprint

Attractive Geographic Profile In Higher Growth Markets

0.7%

1.1%

2.0%

2.2%

2.9%

3.3%

3.7%

3.9%

4.7%

5.6%

5.7%

6.1%

MTB

PNC

CMA

KEY

FITB

MI

COF

USB

RF

BBT

WFC

STI

U.S. Average Growth:

3.9%

•

Ranked top 3 in 21 of the top 25 SunTrust markets

–

Top 25 represents 85% of total MSA deposits

–

Top 25 average deposit market share is 14%

•

1,670 branches serving communities with attractive overall growth

prospects

•

Projected household income growth is above the U.S. average

Best Footprint in Banking

1

2

3

4

Diversified Business and Product Mix

Well Diversified Business and Product Mix

Total Revenue, Nine Months Ended 9/30/2010

43%

14%

11%

11%

10%

8%

3%

Retail Banking

Wealth and Investment Management

Corporate and Investment Banking

Mortgage

Diversified Commercial Banking

Corporate Other and Treasury

Commercial Real Estate

5

Diversified Business Mix

Retail  Banking

Scope       

of

Operations

Market

Focus

1.

As of 9/30/10

•

Footprint

•

1,670 branches

•

2,928 ATMs

•

Consumer lending

•

Small business

•

Retail clients in

SunTrust footprint

•

Business clients

with <$5MM in

revenue (<$10MM

in major markets)

Helping People Prosper

•

Primarily footprint

•

Full array of wealth

management

products and

professional

services to national,

individual and

institutional clients

•

AUA = $196B

•

Individuals and

families in need of

private wealth

management

•

Organizations in

need of

administrative and

investment

solutions

Wealth and

Investment

Management

•

National

•

Residential

mortgages

•

Mortgage servicing

portfolio

of

$177B

•

Prime-based

platform; ~98% of

3Q 2010

originations for sale

were agency

•

50% of production in

3Q 2010 was retail

originated

Mortgage

1

1

1

1

6

Diversified Business Mix

Commercial Real

Estate

Scope       

of

Operations

Market

Focus

•

Footprint

•

Full line of banking

and capital markets

services

•

Commercial real

estate developers

and investors

•

Class A,

institutional grade

properties

Helping Institutions Prosper

•

Primarily footprint

•

Full line of lending,

capital markets,

commercial card,

treasury and payment

solutions

•

Commercial: $5MM-

$100MM in revenue

•

Middle Market:               

$100MM-$750MM in

revenue

•

Not-for-Profit &

Government Entities

•

Asset Based

Lending and

Leasing

Diversified

Commercial Banking

Corporate and

Investment Banking

•

National with focus

on selected industry

sectors

•

Full line of traditional

banking and capital

markets services

•

Large Corporate:

>$750MM in

revenue

•

Capital markets

services for

Commercial,

Middle Market and

CRE clients

7

Diversified Portfolio

Loan Portfolio 9/30/2010: $115,055

Loan Portfolio is Well Diversified by Geography and Product Type

1. Includes credit card portfolio, student loans and indirect loans

1

($ in millions)

Note: Geographic distribution excludes $1.0 billion credit card portfolio, approximately $4.4 billion in student loans and $1.0 billion of indirect loans

25%

17%

13%

8%

8%

7%

3%

19%

Florida

Georgia

Virginia

North Carolina

Maryland

Tennessee

South Carolina

Outside of Footprint

28%

28%

14%

13%

13%

4%

Commercial

Residential Mortgage

Consumer

Home Equity Lines

Commercial Real Estate

Construction

8

Diversified Portfolio

Net Charge-Offs 3Q 2010: $690

Asset Quality Issues Remain Concentrated in Residential Real Estate Related Portfolios

1. Includes credit card portfolio which had net charge-offs of $18 million

Nonaccrual Loans 9/30/2010: $4,373

1

($ in millions)

9%

45%

5%

18%

6%

17%

Commercial

Residential Mortgage

Consumer

Home Equity Lines

Commercial Real Estate

Construction

7%

44%

1%

7%

11%

30%

Commercial

Residential Mortgage

Consumer

Home Equity Lines

Commercial Real Estate

Construction

9

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

$9,000

$10,000

Construction

Prime 2nd

Home Equity

Loans

Lot Loans

Alt-A

High LTV

Broker Originated

12/31/2008

09/30/2010

Higher Risk Portfolio Segments Significantly Reduced

Higher Risk Segment Loan Balances Reduced  Nearly 40%

55%

Residential Mortgage

Home Equity Lines

Loan Balances

34%

32%

38%

40%

15%

25%

Construction

($ in millions, period end balances)

10

$539

$756

$690

$644

$521

$532

$588

$728

$2,300

$2,186

$1,897

$1,771

$1,553

$1,344

$1,404

$1,400

4Q 2008

1Q 2009

2Q 2009

3Q 2009

4Q 2009

1Q 2010

2Q 2010

3Q 2010

90 DPD Loans

30-89 DPD Loans

$2,839

$2,942

$2,587

$2,415

$2,074

$1,876

$1,992

Delinquencies

Delinquencies Down From Early 2009 Peak

$2,128

1.

Excludes Federally guaranteed GNMA repurchases

2.

Student loan portfolio 30+ DPD increased $326 million in 3Q 2010

as compared to 1Q 2010; approximately 90% of the student loan portfolio is government

guaranteed

Delinquencies

($ in millions)

Total

Delinquencies

Excluding Student

Loans Decreased

$74

Million²

1

11

$3,940

$4,641

$5,504

$5,444

$5,402

$5,185

$4,699

$4,373

$516

$606

$661

$651

$699

$858

$764

$696

4Q 2008

1Q 2009

2Q 2009

3Q 2009

4Q 2009

1Q 2010

2Q 2010

3Q 2010

NPL

OREO

Nonperforming Loans and Assets

Nonperforming Loans are Down 20% From Their 2Q 2009 Peak

$4,456

$5,246

$6,165

$6,095

$6,101

$6,043

$5,463

$5,069

1.

Includes OREO and other repossessed assets; Q1 2010 also includes $160 million of nonperforming loans held for sale

1

Nonperforming Assets

($ in millions)

12

Allowance for Loan and Lease Losses

Increased Reserve Levels

1.50%

2.00%

2.50%

3.00%

$2,000

$2,200

$2,400

$2,600

$2,800

$3,000

$3,200

$3,400

4Q 2008

1Q 2009

2Q 2009

3Q 2009

4Q 2009

1Q 2010

2Q 2010

3Q 2010

ALLL

Loan Coverage Ratio

Allowance for Loan and Lease Losses

($ in millions)

13

Net Charge-Offs and Loan Coverage Ratios

The Loan Coverage Ratio Exceeds the Net Charge-Off Ratio

1.50%

2.00%

2.50%

3.00%

3.50%

4Q 2008

1Q 2009

2Q 2009

3Q 2009

4Q 2009

1Q 2010

2Q 2010

3Q 2010

NCO Ratio

Loan Coverage Ratio

14

$(500)

$(400)

$(300)

$(200)

$(100)

$-

$100

$200

3Q 2009

4Q 2009

1Q 2010

2Q 2010

3Q 2010

Improved Results

Profitable in 3Q 2010, Operating Trends Are Encouraging

Net

Income/(Loss)

Available

to

Common

Shareholders

$(377)

$(316)

$(229)

$(56)

$84

($ in millions)

15

$167 Billion

September 30, 2010

Large, Stable Deposit Base Primary Source of Liquidity

1. Includes Fed Funds, Repos, and other short-term borrowings

Diversified Sources of Funding

$172 Billion

December 31, 2008

Core Deposits 61%

Other Deposits 5%

Short-Term Borrowings¹

5%

Long-Term Borrowings 16%

Capital 13%

Core Deposits 70%

Other Deposits 2%

Short-Term Borrowings¹

5%

Long-Term Borrowings 9%

Capital 14%

16

5.83%

5.83%

7.34%

7.49%

7.67%

7.70%

7.92%

8.00%

5.59%

5.82%

6.86%

7.01%

6.73%

6.88%

7.18%

7.26%

5.00%

5.50%

6.00%

6.50%

7.00%

7.50%

8.00%

8.50%

4Q 2008

1Q 2009

2Q 2009

3Q 2009

4Q 2009

1Q 2010

2Q 2010

3Q 2010

Tier 1 Common

TCE

Improved Capital Ratios

Capital Ratios

1.

Tangible common equity to tangible assets; please refer to the appendix to this presentation for a reconcilement to the most directly comparable GAAP financial

measure

1

17

•

Diversify the balance sheet

•

Optimize business mix

•

Improve expense efficiency

•

Grow market share

Investment Thesis

Growth Strategies

Stable Base Provides Solid Foundation for Future Growth

18

$100

$117

2006

3Q 2010

Client Deposits

Balance Sheet Diversity

•

High quality securities

portfolio increased due to

strong liquidity

and 4Q

2009 addition of $5 billion

U.S. Treasury securities

held for TARP repayment

($ in billions, period end balances)

Used Increased Liquidity to Increase Securities Portfolio and Reduce Higher Cost Funding and Long-Term Debt

•

Increase in client deposits

enabled a significant

reduction in brokered and

foreign deposits

•

Repayment of over $7

billion in FHLB advances

in 2009 and over $1

billion

in

2010

+17%

+20%

-88%

-21%

$24

$3

2006

3Q 2010

Brokered and Foreign Deposits

$25

$30

2006

3Q 2010

Securities Available for Sale

$19

$15

2006

3Q 2010

Long-Term Debt

19

Balance Sheet Optimization

SunTrust Will Increasingly Diversify the Portfolio By Growing Commercial and Consumer Loans While 

Managing Real Estate Exposure

Targeted Areas For Growth

Commercial-Related Lending

•Asset-Based Lending

•Middle Market

•Commercial

•CIB

Consumer-Related Lending

•Credit Card

•Private Wealth Management

•Indirect Auto

Note:  Consumer-Related includes Consumer Direct, Consumer Indirect, and Credit Card;  Residential Real Estate-Related includes  Residential Mortgages, Home

Equity Lines, Residential Construction Loans, and Construction Perm Loans; CRE-Related includes  Commercial Real Estate Loans and Commercial Construction 

Loans

Commercial-

Related

28%

Consumer-

Related

14%

Residential

Real Estate-

Related

43%

CRE-Related

15%

(As of 9/30/2010, period end balances)

20

Expense Efficiency Focus

1.

Includes approximately 1,500 positions transitioned to a third party provider contracted for certain check and related processing operations

2.

Appendix includes reconciliation of non-GAAP numbers and details of adjustments and cyclical expenses

Expense Savings Enabled Continued Invest in the Business While Keeping Core Expenses Flat

+35%

-17%

FLAT

33,599

28,001

2006

2009

FTE

Total Expenses

$4,609

$4,605

2006

2009

Expenses Excluding Adjustments

and

Cyclical

Expenses

$4,867

$6,562

2006

2009

($ in millions)

1

2

21

Mission and Values

SunTrust’s Mission is Supported by a Core Set of Principles Which Underlie the Corporate Strategies

Our mission is to help people and institutions prosper

One Team

Client First

Focus on

Profitable Growth

We accomplish this by focusing on three principles:

We know that highly engaged teammates drive client loyalty and that leads to

primary relationship growth

22

Actions Taken Along the Path Are Leading to Market Share Growth

Market Share Growth: Path to Success

•

Investing in

training and

development

•

Conducting

teammate

surveys to better

understand

engagement

•

Developing client-

centric

experiences that

drive loyalty

•

Developing

enterprise-wide

service

excellence

program

•

Developing new

performance

management

program that

better aligns

with goals

•

Holistically

serving the

needs of

consumers and

business owners

•

Tailoring

activities toward

new primary

relationship

packages

•

Garnering client

feedback to inform

strategies and

drive greater

loyalty: calling

1,000 clients daily

•

Creating specific

competitive

strategies by

market

Market Share

Growth

23

Market Share Growth

Efforts to Grow Market Share Are Yielding Results

Household Growth

0.5%

1.2%

4.1%

4.3%

2009 US HH

Growth

2009 STI

Footprint HH

Growth

2009 STI Net HH

Growth

2010 STI

Annualized Net

HH Growth

1.

Source: BAI Benchmarking Report, measures based on bank growth, consumer

2.

Source: 2008 & 2009 Nielsen Claritas

Demographic Update

3.

Retail Banking checking households

2

2

3

•

Since the “Live Solid. Bank Solid”

brand campaign began, SunTrust

has out-performed the competition

on

deposit

and

household

growth

•

According to a Gallup poll, SunTrust

clients showed the highest level of

satisfaction with efforts to inform them

about overdraft changes

•

Competitive studies indicate the

service in SunTrust branches

and call centers is the highest in

the industry –

beating large and

regional banks in service scores

1

3

24

•

Diversify the balance

sheet

•

Optimize business mix

•

Improve expense

efficiency

•

Grow market share

Investment Thesis

Large Diversified Franchise

•

High market share in attractive

growth markets

•

Diversified business and product

mix

Growth Strategies

Stable Base Provides Solid Foundation for Future Growth

•

Diversified credit profile

•

Improved credit trends

•

Enhanced risk profile

Improved Results and Capital

Structure

Strengthened Credit and Risk

Profile

•

Improved core results

•

Funding mix improved

with large, stable deposit

base

•

Solid capital ratios

SunTrust Banks, Inc.

BancAnalysts Association of Boston Conference

November 4, 2010

William H. Rogers, Jr.

President

26

Appendix

27

Reconciliation of Non GAAP Measures

1.

SunTrust

presents

a

tangible

equity

to

tangible

assets

ratio

that

excludes

the

after-tax

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.

2.

SunTrust

presents

a

tangible

common

equity

to

tangible

assets

ratio

that

excludes

preferred

stock

from

tangible

equity.

The

Company

believes

this

measure

is

useful

to

investors

because,

by

removing the preferred stock (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 who also use this measure.

This measure is also used by management to analyze capital adequacy.

28

($ in millions)

Reconciliation of Non GAAP Measures

1.

Adjusted expense is provided as the removal of certain items that are material and potentially non-recurring is useful to investors and management in comparing among institutions and in

evaluating expense trends

2.

Expense excluding adjustments and cyclical is provided as it removes expenses that are recurring in nature, but higher in a recessionary cycle and is useful to investors and management

in assessing the impact of the recession on non-interest expenses and earnings, and facilitates analysis of the effectiveness of management in controlling expense growth

$

%

$

%

2009

2008

2006

2009 vs 2008

2009 vs 2008

2009 vs 2006

2009 vs 2006

Employees

28,001

29,333

33,599

(1,332)

(5)%

(5,598)

(17)%

Total Expenses

6,562

$     

5,879

$     

4,867

$     

683

$              

12%

1,695

$           

35%

Adjustment Items:

Impairment

751

45

-

(Gain)/Loss on Debt Retirement

39

12

12

Coke Charitable Contribution

-

183

-

Visa Litigation

7

(34)

-

Merger Expense

-

13

-

FDIC Special Assessment

78

-

-

  Total Adjustments

875

220

12

Adjusted Expenses

5,687

$     

5,659

$     

4,855

$     

28

$                

1%

832

$              

17%

Cyclical Items:

Regulatory Assessments

224

55

23

Credit & Collection Services

259

156

102

Other Real Estate

244

105

-

Mortgage Reinsurance

115

180

-

Operating Losses

100

446

45

Pension Expense

141

24

78

  Total Cyclical Expenses

1,083

966

247

117

12%

836

339%

Expenses Excl Adjustments & Cyclical

4,605

$     

4,693

$     

4,609

$     

(88)

$               

(2)%

(4)

$                  

0%