SunTrust Banks overview

SunTrust Banks, Inc. is an American bank holding company. The largest subsidiary is SunTrust Bank. It had US$199 billion in assets as of March 31, 2018. SunTrust Bank's most direct corporate parent was established in 1891 in Atlanta, where its headquarters remain.
The staff at SunTrust Banks come from unusually diverse demographic backgrounds. The company is 55.1% female and 44.4% ethnic minorities. SunTrust Banks employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 60.2% of employees identifying as members of the Republican Party. Despite their political differences, employees at SunTrust Banks seem to be happy. The company has great employee retention with staff members usually staying for 3.4 years. The average employee at SunTrust Banks makes $49,834 per year. Pay at SunTrust Banks is significantly lower than some of its highest paying competitors, like Morgan Stanley, The Bank of New York Mellon, and JPMorgan Chase, which pay $119,629, $82,840, and $75,304, respectively.
SunTrust Banks is an industry leader with 22,899 employees and an annual revenue of $9.0B that is headquartered in Atlanta, Georgia.

The Organization’s Mission

At SunTrust, insightful advice is the hallmark of our service commitment. To provide it, we examine every recommendation we make through the prism of how it provides direction, focus, simplicity and, ultimately, confidence for you and your family.

Industry

Bank Holding

Revenue

$9.0B

Employees

22,899

Founded in

1891

Headquarters

Atlanta, GA

Website

suntrust.com

Organization Type

Public

Is This Your Company?

The team at SunTrust Banks

Key People
  • Sara Pelletier (Manager)
  • William Rogers Jr (ceo)

SunTrust Banks Reviews

Zippia Official Logo

5.0

Zippia UserMay 2019

5.0

Zippia Official LogoZippia UserMay 2019

What Do You Like About Working There?

The team environment and leadership. Show More

What DON'T You Like About Working There?

The pay isn't competitive. Show More

What Are Your Favorite Benefits/Perks?

The health care. Show More
Zippia Official Logo

5.0

Zippia UserApril 2019

5.0

Zippia Official LogoZippia UserApril 2019

What Do You Like About Working There?

Great benefits, healthy working environment overall. Show More

What DON'T You Like About Working There?

Having to work most saturdays. Show More

What Are Your Favorite Benefits/Perks?

Opportunities for growth as well as an increase in raise every first month of the year. Show More
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SunTrust Banks Rankings

SunTrust Banks is ranked #62 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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SunTrust Banks Salaries

How much does SunTrust Banks pay?
The national average salary for a SunTrust Banks employee in the United States is $49,834 per year. Employees in the top 10 percent can make over $102,000 per year, while employees at the bottom 10 percent earn less than $24,000 per year.
9.5
Salary Score
Average Employee Earnings

SunTrust Banks Salaries By Job Title

The average employee at SunTrust Banks earns a yearly salary of $49,834 per year, but different jobs can earn drastically different salaries. The higher paying positions at SunTrust Banks include Java Developer, Interactive Developer, Senior Software Engineer, and Team Leader. A typical Java Developer salary at SunTrust Banks is $98,167 per year. Other roles at SunTrust Banks include Cashier and Customer Service Representative. A Cashier at SunTrust Banks earns an average yearly salary of $25,440.

SunTrust Banks careers

On average, employees at SunTrust Banks stay with the company for 3.4 years. Employees most commonly join SunTrust Banks after leaving Bank of America. When they leave SunTrust Banks, they most frequently get their next job at Bank of America.

Average Length of Employment

SunTrust Banks

3.4 years
Wells Fargo2.8 years
Top Employers Before SunTrust Banks
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Top Employers After SunTrust Banks
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SunTrust Banks Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1891

Organization type

Public

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SunTrust Banks Subsidiaries

Subsidiaries to SunTrust Banks include AMTdirect and ASSET MANAGEMENT ADVISORS. Employees at the parent company, SunTrust Banks, earn $49,834. In comparison, the salaries at AMTdirect and ASSET MANAGEMENT ADVISORS are $71,304 and $49,299.
Company
Average Salary

SunTrust Banks Competitors

Some of the competitors of SunTrust Banks are Morgan Stanley, The Bank of New York Mellon, and JPMorgan Chase. Employees at Morgan Stanley earn more than most of the competition, with an average yearly salary of $119,629. The salaries at The Bank of New York Mellon average $82,840 per year, and the salaries at JPMorgan Chase come in at $75,304 per year.

Frequently Asked Questions about SunTrust Banks

When was SunTrust Banks founded?

SunTrust Banks was founded in 1891.

How many Employees does SunTrust Banks have?

SunTrust Banks has 22,899 employees.

How much money does SunTrust Banks make?

SunTrust Banks generates $9.0B in revenue.

What industry is SunTrust Banks in?

SunTrust Banks is in the bank holding industry.

What is SunTrust Banks's mission?

SunTrust Banks's mission statement is "At SunTrust, insightful advice is the hallmark of our service commitment. To provide it, we examine every recommendation we make through the prism of how it provides direction, focus, simplicity and, ultimately, confidence for you and your family."

What type of company is SunTrust Banks?

SunTrust Banks is a public company.

Who are SunTrust Banks's competitors?

SunTrust Banks competitors include Wells Fargo, Bank of America, The PNC Financial Services Group, Regions Financial, Capital One, American Express, U.S. Bank, First Tennessee, KeyBank, BB&T, Fifth Third Bank, JPMorgan Chase, Citizens Financial Group, BB&T, M&T Bank, Citi, The Bank of New York Mellon, Morgan Stanley, First Data, Wachovia Securities Financial Holdings.

Who works at SunTrust Banks?

Sara Pelletier (Manager)

William Rogers Jr (ceo)

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You can find out what it is like to work at SunTrust Banks, also known as SUNTRUST BANKS INC, SunTrust, SunTrust Banks, SunTrust Banks Inc, SunTrust Banks, Inc. and Suntrust Bank.

Zippia gives an in-depth look into the details of SunTrust Banks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SunTrust Banks. The employee data is based on information from people who have self-reported their past or current employments at SunTrust Banks. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of SunTrust Banks and its employees or that of Zippia.