SUNTRUST BANKS INC - FORM 8-K - EX-99.2 - PRESENTATION MATERIALS

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SunTrust Banks, Inc.

2Q 2011 Earnings Presentation

July 22, 2011

Exhibit 99.2

Important Cautionary Statement

The following should be read in conjunction with the financial statements, notes and other information contained in the Company’s 2010 Annual Report on Form 10-K, Quarterly

Reports on Form 10-Q, and Current Reports on Form 8-K.

This presentation includes non-GAAP financial measures to describe SunTrust’s performance. The reconciliations of those measures to GAAP measures are provided within or in

the appendix of this presentation. In this presentation, net interest income and net interest margin are presented on a fully taxable-equivalent (“FTE”) basis, and ratios are

presented on an annualized 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 provides relevant comparison between taxable and non-taxable amounts.

This presentation contains forward-looking statements. Statements regarding our expectations about revenue increases and expense reductions as a result of business initiatives

are forward looking statements. Also, any statement that does not describe historical or current facts, is a forward-looking statement. These statements often include the words

“believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “goals,” “targets,” “initiatives,” “potentially,” “probably,” “projects,” “outlook” or similar expressions or future

conditional verbs such as “may,” “will,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management and on

information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the

reasons why actual results could differ from those contained in such statements in light of new information or future events.

Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ

materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements

can be found in Part I, "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2010, and in Part II, "Item 1A. Risk Factors" in our Quarterly

Report on Form 10-Q for the period ended March 31, 2011, and in other periodic reports that we file with the SEC. Those factors include: difficult market conditions have adversely

affected our industry; concerns over market volatility continue; the Dodd-Frank Act makes fundamental changes in the regulation of the financial services industry, some of which

may adversely affect our business; we are subject to capital adequacy and liquidity guidelines and, if we fail to meet these guidelines, our financial condition would be adversely

affected; emergency measures designed to stabilize the U.S. banking system are beginning to wind down; we are subject to credit risk; our ALLL may not be adequate to cover our

eventual losses; we will realize future losses if the proceeds we receive upon liquidation of nonperforming assets are less than the carrying value of such assets; weakness in the

economy and in the real estate market, including specific weakness within our geographic footprint, has adversely affected us and may continue to adversely affect us; weakness

in the real estate market, including the secondary residential mortgage loan markets, has adversely affected us and may continue to adversely affect us; we are subject to certain

risks related to originating and selling mortgages. We may be required to repurchase mortgage loans or indemnify mortgage loan purchasers as a result of breaches of

representations and warranties, borrower fraud, or certain borrower defaults, which could harm our liquidity, results of operations, and financial condition; we are subject to risks

related to delays in the foreclosure process; we may continue to suffer increased losses in our loan portfolio despite enhancement of our underwriting policies; as a financial

services company, adverse changes in general business or economic conditions could have a material adverse effect on our financial condition and results of operations. Changes

in market interest rates or capital markets could adversely affect our revenue and expense, the value of assets and obligations, and the availability and cost of capital or liquidity;

the fiscal and monetary policies of the federal government and its agencies could have a material adverse effect on our earnings; depressed market values for our stock may

require us to write down goodwill; clients could pursue alternatives to bank deposits, causing us to lose a relatively inexpensive source of funding; consumers may decide not to

use banks to complete their financial transactions, which could affect net income; we have businesses other than banking which subject us to a variety of risks; hurricanes and

other natural or man-made disasters may adversely affect loan portfolios and operations and increase the cost of doing business; negative public opinion could damage our

reputation and adversely impact business and revenues; the soundness of other financial institutions could adversely affect us; we rely on other companies to provide key

components of our business infrastructure; we rely on our systems, employees, and certain counterparties, and certain failures could materially adversely affect our operations; we

depend on the accuracy and completeness of information about clients and counterparties; regulation by federal and state agencies could adversely affect the business, revenue,

and profit margins; competition in the financial services industry is intense and could result in losing business or margin declines; maintaining or increasing market share depends

on market acceptance and regulatory approval of new products and services; we may not pay dividends on your common stock; disruptions in our ability to access global capital

markets may negatively affect our capital resources and liquidity; any reduction in our credit rating could increase the cost of our funding from the capital markets; we have in the

past and may in the future pursue acquisitions, which could affect costs and from which we may not be able to realize anticipated benefits; we are subject to certain litigation, and

our expenses related to this litigation may adversely affect our results; we depend on the expertise of key personnel. If these individuals leave or change their roles without

effective replacements, operations may suffer; we may not be able to hire or retain additional qualified personnel and recruiting and compensation costs may increase as a result

of turnover, both of which may increase costs and reduce profitability and may adversely impact our ability to implement our business strategies; our accounting policies and

processes are critical to how we report our financial condition and results of operations. They require management to make estimates about matters that are uncertain; changes in

our accounting policies or in accounting standards could materially affect how we report our financial results and condition; our stock price can be volatile; our disclosure controls

and procedures may not prevent or detect all errors or acts of fraud; our financial instruments carried at fair value expose us to certain market risks; our revenues derived from our

investment securities may be volatile and subject to a variety of risks; and we may enter into transactions with off-balance sheet affiliates or our subsidiaries.

Table of Contents

OVERVIEW

II.

FINANCIAL PERFORMANCE

III.

RISK AND CAPITAL REVIEW

IV.

BUSINESS HIGHLIGHTS

APPENDIX

Balance

Sheet

Revenue

Expenses

Credit

and

Capital

•

Earnings per share of $0.33; improvement continued

•

Loans were stable compared to 1Q 11; growth in targeted portfolios offset continued

declines in higher-risk categories

•

Growth in lower-cost deposits and favorable mix shift continued

•

Net Interest Margin stable to 1Q 11

•

Fee income grew sequentially, with increases across a broad range of categories

•

Expenses rose from 1Q 11, largely due to credit-related factors

•

Improving trends in all primary credit metrics continued

•

Tier 1 Common Ratio of 9.20% (estimated)

2Q 11 Summary

I. OVERVIEW

Earnings

($ in millions, except per share data)

Income Statement Highlights

II. FINANCIAL

PERFORMANCE

Prior Quarter Variance

•

EPS increase of $0.11 (excluding TARP

Lower provision from continued credit

quality improvement

Higher fee income across a broad

range of consumer and commercial

categories

offset

planned

declines

Residential

•

Commercial

growth

driven

$1.0

billion,

2.2%,

increase

C&I.

CRE

and

Commercial

Construction

declined

combined

$0.5

billion

•

Residential

segment

declined

$0.7

billion,

1.5%,

due

lower

Non-guaranteed

Mortgages

and

Home

Equity

balances

•

Consumer loan growth of $0.2 billion driven by

Guaranteed Student Loans

Prior Year Variance

•

$3.1 billion, or 2.9%, growth in performing loans

•

Commercial

declined

~$1

billion

due

Commercial

Construction

and

CRE,

while

C&I

increased

•

Residential

segment

down

modestly,

growth

Guaranteed

Mortgages

was

than

offset

declines

higher-risk

portions

the

portfolio

•

Consumer

segment

~$4

billion,

over

30%,

driven

Indirect

and

Guaranteed

Student

Loans

Average Balances Stable Compared to 1Q 11

2010 quarterly averages for the Commercial, Residential, and Consumer segments are calculated using month end balances, and, therefore, do not sum to the total performing loan

balances, which are calculated using daily average balances

NOTE: Totals may not foot due to rounding

($ in billions)

$52.8

$52.0

$51.7

$51.4

$51.8

$43.3

$43.7

$44.2

$43.7

$43.0

$12.1

$13.3

$15.0

$16.1

$16.3

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Commercial

Residential

Consumer

$110.9

$111.1

$108.3

$109.0

$111.1

Average Performing Loans¹

Key Points

II.

FINANCIAL

PERFORMANCE

Higher-risk Loans¹

Higher-risk

Loans

(period-end)

Key Points

•

Higher-risk categories down $11.9 billion, or over

50%, since 4Q 08

These declining portfolios now represent less

than 10% of total loans

•

Over this same time, government-guaranteed loans

are up over $6 billion to $9.1 billion

Prior Quarter Variance

•

$0.7 billion, or 6%, decline in higher-risk loans

•

Declines occurred in all of the major categories, as

well as the sub-categories (listed in footnote)

•

Commercial Construction posted the largest

decrease, down $0.4 billion, or 17%

Prior Year Variance

•

$3.8 billion, or 25%, decline in higher-risk loans

•

Commercial Construction down $1.9 billion, or 52%

•

Higher-risk Mortgages down $1.0 billion, or 20%,

primarily from Prime 2nds and Residential

Construction

•

Higher-risk Home Equity down $0.9 billion, or 13%,

primarily from High LTV Lines and HE Loans

Continued Declines in Higher-risk Categories

NOTE: Totals may not foot due to rounding

($ in billions)

$6.9

$3.7

$3.1

$2.6

$2.1

$1.7

$8.1

$4.9

$4.7

$4.4

$4.1

$3.9

$8.3

$6.6

$6.4

$6.1

$5.9

$5.7

4Q 08

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Higher-Risk Home Equity Products

Higher-Risk Mortgage Products

Commercial Construction

$14.1

$13.1

$23.4

$15.2

$12.1

$11.4

Higher-risk Mortgage products include Prime 2nds, Residential Construction, and Alt-A. Higher-risk Home Equity includes High LTV lines (includes Florida lines > 80%

LTV and other lines > 90% LTV), Brokered Home Equity, and Home Equity Loans. Data includes performing and nonperforming loans

II.

FINANCIAL

PERFORMANCE

Deposits

Average Client Deposits

Key Points

Favorable Deposit Growth and Mix Shift Trends Continued

Prior Quarter Variance

•

Client

Deposits

grew

$1.2

billion,

1%,

record level of $121.9 billion

•

Continued favorable shift in deposit mix

DDA up $1.6 billion, or 5.5%

Time Deposits declined $0.3 billion, or 1.4%

Prior Year Variance

•

Client Deposits grew $5.4 billion, or 4.7%

•

Growth derived from lower-cost accounts, including:

DDA up $4.3 billion, or 17%

MMA up $5.2 billion, or 14%

•

Higher-cost

Time

Deposits

declined

$4.3

billion,

or 18%

$119.7

$116.5

$117.2

$120.7

$121.9

($ in billions)

NOTE: Totals may not foot due to rounding

$25.5

$26.5

$27.8

$28.3

$29.8

$24.9

$23.5

$24.6

$25.4

$24.7

$37.7

$39.8

$41.7

$42.6

$42.9

$4.1

$4.3

$4.6

$24.2

$23.3

$21.4

$20.2

$19.9

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

DDA

NOW

Money Market

Savings

Time

II.

FINANCIAL

PERFORMANCE

Net Interest Income

$1,208

$1,286

$1,277

$1,294

$1,266

3.33%

3.41%

3.44%

3.53%

1,000

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

3.0%

3.2%

3.4%

3.6%

Net Interest Margin

Net Interest Income

Net Interest Margin Stable to 1Q 11

Prior Quarter Variance

•

Net Interest Margin stable at 3.53%

Deposit mix shift, lower rates paid, and reduced long-

term debt rates contributed to 7 bps decline in interest-

bearing liabilities

Interest earning assets down 5 bps, due to lower loan

yields

•

Net Interest Income increased modestly, primarily due to

day count

Prior Year Variance

•

Net Interest Income up $78 million, or 6%, driven by a 20

bps expansion in the Net Interest Margin

Lower-cost deposit growth, lower deposit rates paid,

and a reduction in higher-cost debt drove a 34 bps

decline in interest-bearing liabilities

Interest earning asset yields declined a modest 9 bps,

as the securities portfolio repositioning helped mitigate

the impacts of the continued low rate environment

($ in millions)

Net Interest Income, FTE

Key Points

II.

FINANCIAL

PERFORMANCE

Noninterest Income

Sequential Quarter Increase from Broad Range of Categories

Please refer to the appendix for adjustment detail

Prior Quarter Variance

•

Adjusted Noninterest Income increased $37 million, or 5%,

due primarily to:

Investment

Banking

$28

million

increase

from

strong

syndicated finance revenue

Deposit Service Charges -

$7 million increase

Prior Year Variance

•

Adjusted Noninterest Income increased $53 million, or 7%

Investment

Banking

$37

million

due

higher

syndicated finance revenue

Retail Investment Services and Card Fees both

increased by over $10 million and grew by double digit

percentages

Mortgage Production increased due to lower

repurchase costs

Service Charges on Deposits declined due to the

impact of Reg E

($ in millions)

$883

$1,047

$1,032

$952

$912

$144

$108

$60

$51

$808

$1,047

$924

$823

$861

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Adjusted Noninterest Income

Adjustment

Items

Noninterest Income

Key Points

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

2005 & Prior

$21

$26

$20

$24

$21

2006

2007

204

134

108

157

183

2008

2009 -

2011

Total

$349

$263

$233

$313

$348

% Non-Agency

(approx.)

Repurchase demands increased in 2Q 11 primarily

from the high level of 2007 vintage demands

Summary Statistics

Losses have stabilized but reserve is up primarily

due to pending demand growth & resolution timing

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Period-end

Balance

$317

$320

$293

$363

$472

% Non-Agency

(approx.)

10%

Metric (2005 –

2011 vintages)

Amount ($B)

Sold UPB

$211

Remaining UPB

105

Cumulative Repurchase Requests

3.9

Requests Resolved

3.4

Losses Recognized to Date

0.9

2Q 2011 Reserve

0.3

Income Statement Impact to Date

$1.2

Memo:

Non-Agency

UPB

Includes estimates

Amount is an estimate and is included in the $105 billion of remaining UPB

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Beginning Balance

$210

$256

$270

$265

$270

Additions

148

Charge-Offs

(102)

(81)

(90)

(75)

(61)

Ending Balance

$256

$270

$265

$270

$299

Pending demands increased in 2Q 11 primarily

driven by the increase in new demands

II.

FINANCIAL

PERFORMANCE

Mortgage Repurchase Trends

Noninterest Expense

($ in millions)

II. FINANCIAL PERFORMANCE

$1,465

$1,548

$1,499

$1,503

Increase from 1Q Due Primarily to Credit-related Factors

Please refer to the appendix for adjustment detail

Prior Quarter Variance

•

$77 million increase in Total Noninterest Expense

Credit-related expenses increased $37

million due to higher Operating Losses

(litigation and compliance accruals) and

Credit & Collections

FDIC premium rose $10 million due to new

assessment methodology

Prior Year Variance

•

Adjusted Noninterest Expense increased by $108

million

Employee Compensation was up $66 million,

due to improved revenue generation and staff

additions

FDIC premium increased $16 million

Credit-related expenses rose $15 million

$1,542

$1,435

$1,487

$1,533

$1,466

$1,543

$68

$12

$15

($1)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Adjusted Noninterest Expense¹

Adjustment Items¹

Noninterest Expense

Key Points

Credit Quality Improvement

III. RISK AND CAPITAL REVIEW

30 -

89 Day Delinquencies

Net Charge-offs

Allowance for Loan and Lease Losses

$3,156

$3,086

$2,974

$2,854

$2,744

2.81%

2.69%

2.58%

2.49%

2.40%

1,000

1,500

2,000

2,500

3,000

3,500

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

ALLL Ratio

ALLL ($)

Continued Improvement in All Key Metrics

NCOs to Avg. Loans (annualized)

Net Charge-offs

Nonperforming Assets

$5,069

$4,758

$4,568

$5,463

$4,104

$4,699

$4,373

$4,110

$3,971

$3,610

$764

$696

$648

$597

$494

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Nonperforming Loans

Other Assets

1.26%

1.24%

1.18%

1.15%

1.09%

0.98%

0.96%

0.90%

0.80%

0.73%

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Total Delinq.

Delinq. Excl. Gov't Guar.

$722

$690

$621

$571

$505

2.57%

2.42%

2.14%

2.01%

1.76%

200

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

1.0%

1.4%

1.8%

2.2%

2.6%

3.0%

3.4%

Key Points

Net Charge-offs

Nonperforming Loans

Prior Quarter Variance

•

NPLs

declined

$361

million,

Commercial down $300 million, or 16%, led by

Commercial Construction, which fell $216 million, or

more than 25%

Declines across almost every loan category

•

Net

Charge-offs

declined

$66

million,

12%

Residential down $83 million due to Non-guaranteed

Mortgages and Home Equity

Commercial up $23 million, as C&I increased from

1Q but remained below 2010 levels

Prior Year Variance

•

NPLs

declined

$1.1

billion,

23%,

driven

Commercial

Construction,

Non-guaranteed

Mortgages, and C&I

•

Net

Charge-offs

declined

$217

million,

30%,

with

the

largest

declines

the

Non-guaranteed

Mortgages,

Commercial

Construction,

and

Residential

Construction portfolios

Meaningful Declines in NPLs and Net Charge-offs

III. RISK AND CAPITAL REVIEW

Nonperforming Loans and Net Charge-offs

$3,971

$4,699

$4,373

$4,110

$3,610

$35

$42

$35

$32

$34

$2,473

$2,273

$2,188

$2,076

$2,013

$2,191

$2,058

$1,887

$1,863

$1,563

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Commercial

Residential

Consumer

$722

$690

$571

$621

$505

$35

$31

$35

$29

$465

$428

$383

$380

$297

$222

$231

$203

$156

$179

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Commercial

Residential

Consumer

Estimated

The Tier 1 Capital Ratio including TARP was 13.51% in 2Q 10, 13.58% in 3Q 10, and 13.67% in 4Q 10

Please refer to the Appendix for a reconcilement to the most directly comparable GAAP financial measure

Capital

Ratios

Further

Expanded

and

Significantly

Exceed

Current

and

Proposed

Regulatory Standards

III. RISK AND CAPITAL REVIEW

Capital Position

Tier 1 Common Ratio

Tier

Capital

Ratio

(Excluding

TARP)

Tangible

Common

Equity

Ratio

Tangible

Book

Value

Per

7.92%

8.02%

8.08%

9.05%

9.20%

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11¹

9.84%

9.93%

10.02%

11.00%

11.10%

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11¹

7.18%

7.26%

7.15%

7.77%

7.96%

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

$23.58

$24.42

$23.76

$23.79

$24.57

2Q 10

3Q10

4Q10

1Q11

2Q11

•

Announced new checking account line-up

Responsive to clients’

preferences and the regulatory environment

•

Client loyalty in Retail Banking continued to improve, reaching another

all-time

high

•

Loan

production

the

Consumer

businesses

increased

14%

over

•

Retail

investment

services

income

23%

YTD;

strong

growth

managed

account fees on the brokerage platform

Source: SunTrust’s Service Excellence Program

Includes home equity, student loans, indirect loans, and other direct consumer

Reflects 2Q 11 average balance as compared to 2Q 10 average balance

Consumer

•

Corporate

Investment

Banking

revenue

and

net

income

were

the

second

and third highest quarters ever, respectively

YTD revenue is up 40% from 2010

YTD net income is up over 85%

•

Diversified Commercial Banking net income up over 40% YTD; meaningful

improvements in client acquisition and attrition

•

Asset Based Lending (targeted growth portfolio) balances grew to $1.2

billion,

$0.5

billion

from

prior

year

Wholesale

IV. BUSINESS HIGHLIGHTS

Selected Business Highlights

•

Earnings per share of $0.33; improvement continued

•

Loans were stable compared to 1Q 11; growth in targeted portfolios offset continued

declines in higher-risk categories

•

Growth in lower-cost deposits and favorable mix shift continued

•

Net Interest Margin stable to 1Q 11

•

Fee income grew sequentially, with increases across a broad range of categories

Earnings

Balance Sheet

Revenue

Expenses

•

Improving trends in all primary credit metrics continued

•

Tier 1 Common Ratio of 9.20% (estimated)

Credit and

Capital

•

Expenses rose from 1Q 11, largely due to credit-related factors

2Q 11 Summary

IV. BUSINESS HIGHLIGHTS

Appendix

$0.5

(1.2)

1.3

(0.1)

0.2

(0.1)

$0.6

$0.2

3.8

18.0

0.6

0.3

0.2

0.7

2.8

$26.6

$0.7

2.6

19.3

0.5

0.3

0.4

0.6

2.8

$27.2

U.S. Treasury

U.S. Agency

MBS –

Agency

U.S. States and Subdivisions

MBS –

Private

Corporate & Other

Asset –

Backed Securities

Other Equity

Total AFS

1Q 2011 2Q 2011 $ Change

Securities

Available for Sale

($ in billions, period-end balances)

Securities Portfolio

Stable Securities Portfolio; $32 million in 2Q Gains Recognized in Repositioning

NOTE: Columns may not foot due to rounding

V. APPENDIX

V. APPENDIX

30 –

89 Day Delinquencies by Loan Class –

Excl. Govt.

Guaranteed Loans

Memo:

($ in billions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

2Q 11 Loan

Balance

30-89 Day Delinquencies

Commercial Loans

Commercial & industrial

0.31

0.28

0.25

0.22

0.20

$ 45,922

Commercial real estate

1.05

0.88

0.43

0.33

0.26

5,707

Commercial construction

1.18

0.67

0.42

0.47

0.63

1,740

Total commercial loans

0.46

0.38

0.28

0.24

0.22

53,369

Residential Loans

Residential

mortgages

guaranteed

4,513

Residential

mortgages

nonguaranteed

1.83

1.88

1.90

1.63

1.45

23,224

Home equity products

1.44

1.52

1.40

1.46

1.44

16,169

Residential construction

2.82

2.61

3.28

2.94

2.28

1,118

Total residential loans

1.71

1.76

1.74

1.60

1.47

45,024

Consumer Loans

Guaranteed student loans

4,620

Other direct

0.63

1.87

0.92

1.12

0.82

1,863

Indirect

0.82

0.79

0.78

0.68

0.58

9,629

Credit cards

2.58

2.76

2.40

2.04

1.86

407

Total consumer loans

0.88

1.05

0.86

0.79

0.66

16,520

Total

SunTrust

excluding

government

guaranteed

delinquencies

0.98

0.96

0.90

0.80

0.73

$ 114,913

Total

SunTrust

including

government

guaranteed

delinquencies

1.26

1.24

1.18

1.15

1.09

Excludes delinquencies on all federally guaranteed mortgages

Excludes delinquencies on federally guaranteed student loans

Excludes

mortgage

loans

guaranteed

GNMA

that

SunTrust

has

the

option,

but

not

the

obligation,

repurchase

V. APPENDIX

Nonperforming Loans by Loan Class

Memo:

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

2Q 11 Loan

Balance

Nonperforming Loans

Commercial Loans

Commercial & industrial

$644

$601

$584

$585

$537

$45,922

Commercial real estate

321

346

342

435

399

5,707

Commercial construction

1,226

1,111

961

843

627

1,740

Total commercial loans

2,191

2,058

1,887

1,863

1,563

53,369

Residential Loans

Residential

mortgages

guaranteed

4,513

Residential

mortgages

nonguaranteed

1,749

1,591

1,543

1,458

1,412

23,224

Home equity products

360

357

355

343

335

16,169

Residential construction

364

325

290

275

266

1,118

Total residential loans

2,473

2,273

2,188

2,076

2,013

45,024

Consumer Loans

Guaranteed student loans

4,620

Other direct

1,863

Indirect

9,629

Credit cards

407

Total consumer loans

16,520

Total

$4,699

$4,373

$4,110

$3,971

$3,610

$114,913

NOTE: Columns may not foot due to rounding

V. APPENDIX

Net Charge-off Ratios by Loan Class

Memo:

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

2Q 11 Loan

Balance

Net Charge-offs to Avg. Loans annualized

Commercial Loans

Commercial & industrial

0.92

0.74

0.94

0.44

0.66

$45,922

Commercial real estate

0.97

2.33

1.79

1.42

2.72

5,707

Commercial construction

10.38

13.06

9.62

14.76

13.09

1,740

Total commercial loans

1.61

1.70

1.50

1.19

53,369

Residential Loans

Residential

mortgages

guaranteed

4,513

Residential

mortgages

nonguaranteed

3.37

3.30

3.09

3.19

2.16

23,224

Home equity products

4.04

3.69

3.71

3.96

3.49

16,169

Residential construction

20.44

18.09

11.61

10.46

10.52

1,118

Total residential loans

4.06

3.68

3.28

3.37

2.65

45,024

Consumer Loans

Guaranteed student loans

4,620

Other direct

3.02

1.74

2.20

2.53

2.14

1,863

Indirect

0.57

0.55

0.65

0.56

0.44

9,629

Credit cards

11.59

10.34

9.52

8.68

7.78

407

Total consumer loans

1.19

0.91

0.93

0.89

0.71

16,520

Total

2.57

2.42

2.14

2.01

1.76

$114,913

2010 net charge-off ratios calculated using average of month-end loan balances

NOTE: Columns may not foot due to rounding

1.34

V. APPENDIX

Net Charge-off by Loan Class

Memo:

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

2Q 11 Loan

Balance

Net Charge-off Trends

Commercial Loans

Commercial & industrial

$101

$82

$105

$49

$75

$45,922

Commercial real estate

5,707

Commercial construction

104

110

1,740

Total commercial loans

222

231

203

156

179

53,369

Residential Loans

Residential

mortgages

guaranteed

4,513

Residential

mortgages

nonguaranteed

208

202

187

125

23,224

Home equity products

174

159

156

161

141

16,169

Residential construction

1,118

Total residential loans

465

428

383

380

297

45,024

Consumer Loans

Guaranteed student loans

4,620

Other direct

1,863

Indirect

9,629

Credit cards

407

Total consumer loans

16,520

Total

$722

$690

$621

$571

$505

$114,913

NOTE: Columns may not foot due to rounding

Troubled Debt Restructuring (TDR) Composition

Mortgage and Consumer Loans are 94% of Accruing TDRs; 86% are Current on

Principal and Interest Payments

Prior Quarter Variance

•

Total TDRs were stable at $3.6 billion

•

Accruing and current balances increased

modestly

Prior Year Variance

•

Total TDRs increased by $387 million due to

increased modifications, primarily in Residential

loans

•

The percentage of TDRs that are accruing

increased to ~75% in 2Q 11 from ~70% in 2Q 10

$3,255

$3,504

$3,618

$3,619

V. APPENDIX

$3,642

TDR Trend

Key Points

Early Stage Accruing TDR Delinquencies

$2,269

$2,516

$2,613

$2,643

$2,719

$986

$988

$1,005

$976

$923

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Accruing

Nonaccruing

$1,980

$2,165

$2,245

$2,286

$2,349

$155

$198

$176

$193

$207

$86

$93

$108

$92

$104

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Current

30-59 DLQ

60-89 DLQ

Noninterest Income Reconciliation

V. APPENDIX

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Total Noninterest Income

$952

$1,047

$1,032

$883

$912

Adjustment Items:

Securities Gains

Fair Market Value Adjustments (Trading Income)

(1)

STI Debt Valuation (Trading Income)

(22)

(20)

SunTrust Index-linked CDs (SILC) (Trading

Income)

(59)

(11)

Auction Rate Securities (Trading Income)

(2)

(11)

Fair Value Adjustments (Mortgage Production)

(6)

(9)

(4)

(9)

Stable River Gain (Other Income)

Total Adjustments

144

108

Adjusted Noninterest Income

$808

$1,047

$924

$823

$861

NOTE: Columns may not foot due to rounding

Noninterest Expense Reconciliation

V. APPENDIX

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Total Noninterest Expense

$1,503

$1,499

$1,548

$1,465

$1,542

Adjustment Items:

AHG Write-down (Other Exp.)

(Gain)/Loss on Debt Extinguishment

(1)

Total Adjustments

(1)

Adjusted Noninterest Expense

$1,435

$1,487

$1,533

$1,466

$1,543

Additional Noninterest Expense Disclosures

V. APPENDIX

($ in millions)

2Q 10

3Q 10

4Q 10

1Q 11

2Q 11

Operating Losses

$16

$27

$26

$27

$61

Mortgage Reinsurance (Other Exp.)

Credit & Collections (Other Exp.)

Other Real Estate (Other Exp.)

Total Credit-related Expenses

$177

$181

$189

$155

$192

NOTE: Columns may not foot due to rounding

Reconciliation of Non GAAP Measures

V. APPENDIX

($ in billions, except per share data)

Three Months Ended

June 30

September 30

December 31

March 31

June 30

2010

2011

Total shareholders' equity

$23.0

$23.4

$23.1

$19.2

$19.7

Goodwill, net of deferred taxes

(6.2)

Other intangible assets including MSRs, net of deferred taxes

(1.4)

(1.2)

(1.6)

(1.5)

MSRs

1.3

1.1

1.4

1.5

1.4

Tangible equity

16.7

17.1

16.8

12.9

13.4

Preferred stock

(4.9)

(0.2)

Tangible common equity

$11.8

$12.2

$11.9

$12.8

$13.2

Total assets

$170.7

$174.7

$172.9

$170.8

$172.2

Goodwill

(6.3)

Other intangible assets including MSRs

(1.4)

(1.2)

(1.6)

(1.7)

(1.5)

MSRs

1.3

1.1

1.4

1.5

1.4

Tangible assets

$164.2

$168.3

$166.4

$164.4

$165.7

Tangible equity to tangible assets

10.18

10.19

10.12 %

7.87 %

8.07 %

Tangible common equity to tangible assets

7.18 %

7.26 %

7.15 %

7.77 %

7.96 %

Tangible book value per common share

$23.58

$24.42

$23.76

$23.79

$24.57

NOTE: Columns may not foot due to rounding

SUNTRUST BANKS INC - FORM 8-K - EX-99.2 - PRESENTATION MATERIALS - July 22, 2011

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