1Q Results
Bloomberg News
NOT ALL IN MY CONTROL: SunTrust is sticking by its long-term goal of a 60% efficiency ratio, but the timing will "be economic dependent and somewhat interest rate dependent," CEO Bill Rogers said.

SunTrust's Need to Defend Spending Shows Investor Focus on Costs

SunTrust's efficiency decline in the first quarter overshadowed a 16% profit increase, underscoring how shareholders and others are thoroughly scrutinizing bank spending in a low-growth era.

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