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SUNTRUST EXPECTS 2ND QUARTER NET TO BE $103 MILLION OR 82 CENTS PER SHARE

 SUNTRUST EXPECTS 2ND QUARTER NET
 TO BE $103 MILLION OR 82 CENTS PER SHARE
 ATLANTA, July 6 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today said it expects to report net income for the 1992 second quarter ended June 30 in the range of $103 million or 82 cents per common share.
 This would compare with $92.6 million or 72 cents per share in the 1991 second quarter and would represent an increase of 13.9 percent in per share results for the period.
 SunTrust plans to release detailed results for the 1992 second quarter and year-to-date on July 14. The company is making today's announcement of anticipated net income in view of its current offering of $200 million of 10-year 7-3/8 percent notes.
 Based on its expected second quarter results, SunTrust's net income for the first half of 1992 will be approximately $203 million or $1.60 per share, compared with 1991 results of $181.6 million or $1.42 per share.
 SunTrust has notified the trustee of its $125 million outstanding of 11 percent notes due in 1995 that SunTrust has elected to redeem all of the 11 percent notes on Sept. 30, 1992.
 -0- 7/6/92
 /CONTACT: MEDIA: Willis Johnson, 404-588-8211 or ANALYSTS: Jim Armstrong, 404-588-7425, both of SunTrust Banks/
 (STI) CO: SunTrust Banks, Inc. ST: Georgia IN: FIN SU: ERP


BR-EA -- AT001 -- 6515 07/06/92 08:56 EDT
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Publication:PR Newswire
Date:Jul 6, 1992
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