SunTrust 2012 Annual Report Download - page 10
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SUNTRUST BANKS, INC. 2012 ANNUAL REPORT
(Dollars in millions, except per share data)
Year ended December 31 2012 2011 2010
FOR THE YEAR
Net income $1,958 $647 $189
Net income/(loss) available to common shareholders 1,931 495 (87)
Total revenue — FTE 1 10,598 8,600 8,699
Common dividends paid 107 64 20
PER COMMON SHARE
Net income/(loss) — diluted $3.59 $0.94 ($0.18)
Dividends declared 0.20 0.12 0.04
Common stock closing price 28.35 17.70 29.51
Book value 37.59 36.86 36.34
FINANCIAL RATIOS
Return on average total assets 1.11 % 0.38% 0. 11%
Return on average common shareholders’ equity 9.56 2.56 (0.49)
Net interest margin 1 3.40 3.50 3.38
Efciency ratio 1 59.67 72.49 67.94
Tier 1 common equity 10.04 9.22 8.08
Tier 1 capital ratio 11.13 10.90 13.67
Total capital ratio 13.48 13.67 16.54
SELECTED AVERAGE BALANCES
Total assets $176,134 $172,440 $172,375
Earning assets 153,479 147,802 147,187
Loans 122,893 116,308 113,925
Deposits 128,504 125,058 120,045
Total shareholders’ equity 20,495 20,696 22,834
Common shares — diluted (thousands) 538,061 527,618 498,744
AS OF DECEMBER 31
Total assets $173,442 $176,859 $172,874
Earning assets 151,223 154,696 148,473
Loans 121,470 122,495 115,975
Allowance for loan and lease losses 2,174 2,457 2,974
Deposits 132,316 127,922 123,044
Total shareholders’ equity 20,985 20,066 23,130
Common shares outstanding (thousands) 538,959 536,967 500,436
1 Total revenue is comprised of net interest income presented on a fully-taxable equivalent (FTE) basis and noninterest income. The net interest margin and
efficiency ratios are presented on a FTE 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 it enhances comparability of net interest income arising from
taxable and tax-exempt sources.
Financial Highlights