SunTrust Banks (STU:SUUB.PFD) Tax Rate % : 16.33% (As of Sep. 2019)

View and export this data going back to 2017. Start your Free Trial

What is SunTrust Banks Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SunTrust Banks's Tax Expense for the three months ended in Sep. 2019 was $122.00 Mil. SunTrust Banks's Pre-Tax Income for the three months ended in Sep. 2019 was $747.00 Mil. Therefore, SunTrust Banks's Tax Rate % for the quarter that ended in Sep. 2019 was 16.33%.

SunTrust Banks Tax Rate % Historical Data

The historical data trend for SunTrust Banks's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SunTrust Banks Tax Rate % Chart

SunTrust Banks Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Tax Rate %

Get a 7-Day Free Trial

21.64

28.22

29.90

18.91

16.45

SunTrust Banks Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Tax Rate %	Get a 7-Day Free Trial															11.19	17.09	15.16	13.21	16.33

SunTrust Banks Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

SunTrust Banks's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2018 )	/	Pre-Tax Income (A: Dec. 2018 )
	=	548	/	3332
	=	16.45 %

SunTrust Banks's Tax Rate % for the quarter that ended in Sep. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2019 )	/	Pre-Tax Income (Q: Sep. 2019 )
	=	122	/	747
	=	16.33 %

SunTrust Banks Tax Rate % Related Terms

Thank you for viewing the detailed overview of SunTrust Banks's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

SunTrust Banks (STU:SUUB.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SunTrust Banks Inc (STU:SUUB.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Peachtree Street, North East, Atlanta, GA, USA, 30308

Website

http://www.suntrust.com

SunTrust Banks, headquartered in Atlanta, comprises commercial, corporate, and retail banking operations. SunTrust's corporate and investment banking arm is under the SunTrust Robinson Humphrey brand. The vast majority of SunTrust's deposits are in seven Southeastern U.S. states and the District of Columbia.

SunTrust Banks (STU:SUUB.PFD) Headlines

No Headlines