UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 20, 2009

SunTrust Banks, Inc.
(Exact name of registrant as specified in its charter)

 
					
Georgia	 	001-08918	 	58-1575035	
(State or other jurisdiction
of incorporation)	 	(Commission File Number)	 	(IRS Employer
Identification No.)	

303 Peachtree St., N.E., Atlanta, Georgia	 	30308	
(Address of principal executive offices)	 	(Zip Code)	
Registrant’s telephone number, including area code (404) 588-7711
Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	

 

Item 7.01.	Regulation FD Disclosure.	
SunTrust Banks, Inc. (the “Registrant” or “SunTrust”) is scheduled to meet with and make a presentation to certain institutional investors beginning on Thursday, August 20, 2009 at 10:00 AM Eastern Time and beginning on Friday, August 21, 2009 at 7:15 AM Eastern Time. Mark A. Chancy, Corporate Executive Vice President and Chief Financial Officer, and Jerome T. Lienhard, Senior Vice President and Treasurer, will make SunTrust’s presentation. A copy of the slide package to be used by the Registrant during these meetings is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. Such slide package will also be available on the Registrant’s web site at www.suntrust.com. Information contained on the Registrant’s website expressly is not incorporated by reference into this Current Report on Form 8-K.
The information in the preceding paragraph, as well as Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section. It may only be incorporated by reference into another filing under the Exchange Act or Securities Act of 1933 if such subsequent filing specifically references Section 7.01 of this Current Report on Form 8-K. All information in the slide package speaks as of the date thereof and the Registrant does not assume any obligation to update said information in the future. In addition, the Registrant disclaims any inference regarding the materiality of such information which otherwise may arise as a result of its furnishing such information under Item 7.01 of this report on Form 8-K.

Item 9.01.	Financial Statements and Exhibits.	
 
(d)	Exhibits.	

99.1	 	Slide package to be presented on August 20 and 21, 2009 (furnished with the Commission as a part of this Current Report on Form 8-K).	

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	 	SUNTRUST BANKS, INC.	
			
Date: August 20, 2009	 	By:	 	/s/ David A. Wisniewski	
	 		 	David A. Wisniewski	
	 		 	Group Vice President and Associate General Counsel	

SunTrust Banks, Inc.
Fixed Income Investor Presentation
August 20-21, 2009
Exhibit 99.1	

1

Important Cautionary Statement About Forward-Looking Statements

The following should be read in conjunction with the financial statements, notes and other information contained in the Company ’ s 2008 Annual Report on Form 10-K, Quarterly Reports on
Form 10-Q and elsewhere in our periodic reports and Current Reports on Form 8-K filed with the Securities and Exchange Commission ( “ SEC ” ), which are available at the Securities and
Exchange Commission ’ s internet site (http://www.sec.gov)

This presentation includes non-GAAP financial measures to describe SunTrust ’ s performance.  The reconciliation 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 future levels of net interest margin, charge-offs, provision expense, and income are forward-looking statements. 
Also, any statement that does not describe historical or current facts, including statements about beliefs and expectations, is a forward-looking statement. These statements often include the
words “ believes, ” “ expects, ” “ anticipates, ” “ estimates, ” “ intends, ” “ plans, ” “ targets, ” “ initiatives, ” “ potentially, ” “ probably, ” “ projects, ” “ outlook ” or similar expressions or future conditional
verbs such as “ may, ” “ will, ” “ should, ” “ would, ” and “ could. ” Such statements are based upon the current beliefs and expectations of management and on information currently available to
management. Our forward looking statements speak as of the date hereof, and we do not assume any obligation to update these statements or 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 at Item
1A of our annual report on Form 10-K filed with the Securities and Exchange Commission and available at the Securities and Exchange Commission ’ s internet site (http://www.sec.gov).
Those factors include: difficult market conditions have adversely affected our industry; current levels of market volatility are unprecedented; the soundness of other financial institutions could
adversely affect us; there can be no assurance that recently enacted legislation, or any proposed federal programs, will stabilize the U.S. financial system, and such legislation and programs
may adversely affect us; the impact on us of recently enacted legislation, in particular the Emergency Economic Stabilization Act of 2008 ( “ EESA ” ) and its implementing regulations, and
actions by the FDIC, cannot be predicted at this time; credit risk; 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; weakness in the real estate market may adversely affect our reinsurance subsidiary; 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; 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; 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 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 our business and revenues; 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 our business, revenue, and profit margins; competition in the
financial services industry is intense and could result in losing business or reducing margins; future legislation could harm our competitive position; maintaining or increasing market share
depends on market acceptance and regulatory approval of new products and services; we may not pay dividends on our common stock; our ability to receive dividends from our subsidiaries
accounts for most of our revenue and could affect our liquidity and ability to pay dividends; significant legal actions could subject us to substantial uninsured liabilities; recently declining
values of residential real estate, increases in unemployment, and the related effects on local economics may increase our credit losses, which would negatively affect our financial results;
deteriorating credit quality, particularly in real estate loans, has adversely impacted us and may continue to adversely impact us; 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 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 strategy; our accounting policies
and processes are critical to how we report our financial condition and results of operations, and these require us 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; we may enter into transactions with off-balance sheet affiliates or our subsidiaries; and we are subject to market risk associated with our asset
management and commercial paper conduit businesses.	

2
I.    SUNTRUST OVERVIEW
II.
FINANCIAL PERFORMANCE
III.  CAPITAL
IV.  LIQUIDITY
V.   ASSET QUALITY
Table of Contents	

SunTrust Overview	

4
Best Footprint in Banking
Projected
Population
Growth
1.
Deposit and share data from SNL as of June 30, 2009.  Branch data from STI Q2 2009 earnings report.
2.
Five-year population growth is from 2009-2014
SunTrust
Footprint
Attractive Geographic Profile In Valuable Markets
1.3%
2.6%
3.6%
4.2%
4.7%
4.9%
5.2%
5.9%
6.7%
7.3%
8.5%
PNC
KEY
FITB
COF
USB
JPM
RF
BAC
BBT
WFC
STI
U.S. Average Growth:
4.6%
•
Ranked top 3 in 18 of the top 25 SunTrust markets; represents
67.1% of total MSA deposits and average deposit market share of
16.7%
•
1,692 branches serving communities with an attractive overall
growth projection
•
Projected household income growth is above the U.S. average
1
2	

5
152
BB&T
9
2,027
JPMorgan Chase
2
1,849
Citigroup
3
1,284
Wells Fargo
4
143
Regions
10
172
Capital One
8
177
SunTrust
7
266
U.S. Bancorp
6
280
PNC Financial
5
$2,254
Bank of America
1
$B
Company
U.S.
Rank
Note: Data as of June 30, 2009 per SNL Financial, SEC filings and Company presentations; excludes custody/processor banks
Deposits
SunTrust Has Significant Scale
Assets
Branches
1,306
Fifth Third
9
6,109
Bank of America
2
5,203
JPMorgan Chase
3
2,850
U.S. Bancorp
4
993
KeyCorp
10
1,505
BB&T
8
1,692
SunTrust
7
1,899
Regions
6
2,606
PNC Financial
5
6,668
Wells Fargo
1
#
Company
U.S.
Rank
SunTrust is a Top 10 U.S. Bank
164
U.S. Bancorp
6
95
Regions
10
866
JPMorgan
2
814
Wells Fargo
3
805
Citigroup
4
102
BB&T
9
117
Capital One
8
119
SunTrust
7
190
PNC Financial
5
$971
Bank of America
1
$B
Company
U.S.
Rank	

6
Household
Lending
Diversified Business Mix
Retail &
Commercial
Corporate and
Investment
Banking
Wealth &
Investment
Management
Scope       
of
Operations
Market
Focus
-
National
-
Full line of
investment banking
products and
services
-
Middle Market:               
$100MM-$750MM
-
Corporate Banking:
>$750MM
-
Investment banking
sales to commercial and
W&IM clients
-
National
-
Full array of private
wealth management
and institutional
solutions including
personal and
institutional
investment
management
-
AUA
=
$188B
-
Individuals in need of
private wealth mgmt.
including banking,
trust, brokerage and
asset management
solutions
-
Organizations in need
of institutional
administrative and
investment solutions
-
National
-
Residential
mortgages,
consumer lending
-
Ranked #6 in total
mortgage 
originations
-
Mortgage servicing
portfolio of $173.1B
-
Prime based platform,
~99% of 2Q 2009
originations for sale
were agency
-
49% of production in
2Q 2009 was retail
originated
1.
For the six months ending June 30, 2009, Inside Mortgage Finance, 7/31/09
2.
As of 6/30/09
3.
Full-service branches
-
SunTrust footprint
-
1,692
branches
2,3
-
2,695
ATMs
-
~850 Relationship
Managers
-
Retail clients in
SunTrust footprint
-
Business clients in
SunTrust footprint with
revenues <$100MM
-
Government and not-
for-profit enterprises
-
Commercial RE:
commercial and
residential developers
& investors
2
2
1
2
2	

7
Diversified Revenue Base Remains Important
49
51
42
42
50
40
41
41
58
58
50
60
59
59
0
25
50
75
100
2003
2004
2005
2006
2007
2008
1H09
Noninterest Income
Net Interest Income
Contribution of Noninterest Income
(%
of
Total
Revenue
-
FTE)
Trust/
Investment
Management
11%
Deposit Service
Charges/
Other Fees
30%
Card Fees
7%
Investment
Banking
6%
Other
9%
Retail Investment
Services
5%
Trading Account
Profits/
Commissions
3%
Mortgage
Servicing/
Production
29%
Strong Mix of Fee Revenue
(1H09 Fee Income Mix)
1.
1H09 noninterest income of $2,218 million
Increasing Noninterest Income Contribution
1	

Financial Performance	

9
($ in millions, except per share data)
2Q
2009
Loss
of
$0.41
Per
Share
and
YTD
Loss
of
$0.86
Per
Share
Excluding
1Q
2009
Goodwill
Charge
Income Statement Highlights
Net Interest Income (FTE)
Provision for Loan Losses
Noninterest Income
Total Revenue (FTE)
Total Noninterest Expense
Total Noninterest Expense Excl Goodwill
Pre-Tax Income
Provision/(Benefit) for Income Taxes
Preferred Dividends
Gain on Redemption of Preferred Stock
Net Loss to Common Shareholders
Net Loss to Common Excl Goodwill
Net Loss Per Average Common Diluted Share
Net Loss Per Share Excl Goodwill
NM = Not Meaningful—those changes over 1000% or where results changed from positive to negative
% Change      % Change                          % Change
2Q 2009
1Q 2009         2Q 2008       YTD 2009      YTD 2008
1.
Please refer to the STI Q2 2009 earnings presentation for all non-GAAP reconcilement
1
1
1
$1,121.1
962.2
1,071.7
2,192.8
1,528.0
(332.4)
(149.0)
72.2
89.4
(164.4)
(0.41)
1,528.0
(164.4)
$(0.41)
3%
(3)%
(4)%
(1)%
(29)%
66%
1%
1%
81%
(2)%
83%
11%
NM
(5)%
115%
(24)%
(16)%
11%
11%
NM
NM
NM
NM
NM
NM
NM
NM
NM
NM
NM
NM
NM
NM
NM
NM
$2,214.1
1,956.3
2,192.9
4,407.0
3,680.0
(1,298.3)
143.5
89.4
(1,039.8)
(325.0)
(2.77)
$(0.86)
(299.7)
(6)%
94%
(11)%
(9)%
40%
11%
1
9%
2,928.8	

10
($ in millions, quarterly average balances)
Balance Sheet Summary
Commercial
Real Estate Home Equity Lines
Real Estate Construction
Real Estate 1-4 Family
Real Estate Commercial
Consumer –
Direct
Consumer –
Indirect
Credit Card
Total Loans
Noninterest-Bearing Deposits
NOW Accounts
Money Market Accounts
Savings
Consumer Time
Other Time
Total Consumer and Commercial Deposits       
Brokered & Foreign Deposits
Total Deposits
2Q 2009
1Q 2009
1Q 2009
2Q 2008
Annualized
% Change
1.
Excludes $5.5 billion of nonaccrual and restructured loans
Attractive Deposit Growth Continued; Loans Declined Slightly
$38,599
15,809
6,449
29,388                              
15,775
5,127
6,499
978           
$118,624
$24,574                              
22,768        
31,251
3,662         
17,367      
13,905
113,527       
6,608       
$120,135
(2)%
(1)%
(13)%
(2)%
(1)%
(2)%
1%           
(2)%
8%                              
7%        
7%
6%         
1%      
3%
6%       
(11)%       
5%
(6)%
(2)%
(50)%
(7)%
11%
(3)%
(8)%
2%           
(6)%
31%
29%        
26%
25%         
3%      
14%
22%       
(44)%       
18%
3%
6%
(44)%
(8)%           
14%
17%
(13)%
20%           
(3)%
15%           
5%        
20%
(7)%         
4%      
17%
12%       
(56)%       
3%
1
3%	

11
3.13%
3.07%
3.14%
2.87%
2.94%
2Q 2008
3Q 2008
4Q 2008
1Q 2009
2Q 2009
Margin of 2.94% Expanded 7 bps from 1Q 2009
•
2Q margin expansion driven primarily
by improved deposit pricing and
funding mix, with increased core
deposits and decreased broker
deposits and long-term debt
•
Focus on deposit and loan pricing
benefited margin and offset continuing
compression associated with rising
NPA’s and sluggish loan demand
•
We stated on July 22, 2009 that,
“Based on current assumptions,
margin expected to be relatively stable
for the remainder of the year with some
additional expansion possible”
Net Interest Margin	

Capital	

13
SCAP Related Capital Actions Exceeded Goals
SCAP Tier 1 Common Target
“At
the
Market”
Offering 
Marketed Offering
Greenshoe 
Visa Share Sale
Cash
Tender
Deferred Tax Asset
Total  
%
Complete
/
Share
Increase
2Q 2009 Capital Actions
$2,160
258
1,358
204 
70
212
190
$2,292     
106.1%
17.7
108.0
16.2 
NA
NA
NA
141.9      
39.8%
Complete
Complete
Complete 
Complete
Complete
Complete
($ and shares in millions)
Tier 1 Common
Common
Action
Impact      
Shares                        Status
1.
Capital impact including fees, charges and taxes
2.
Percent share count increase versus 3/31/09 shares outstanding of 356.7 million
1
2	

14
SCAP Proforma 2010 Capital Meets Well Capitalized Thresholds Even After Repayment of TARP and
Assuming Realization of Full $11.8 Billion SCAP Two Year Losses
Capital
Under
SCAP
“More
Adverse”
Scenario
1.
SCAP resources of $4.7 billion less 1H09 SCAP target of approximately $1.2 billion = $3.5 billion before tax and $2.2 billion after tax
2.
Impact of SCAP losses of $11.8 billion less $1.4 billion in actual 1H09 net charge-offs = $10.4 billion before tax and $6.5 billion after tax
3.
Assumes $132.5 million for the second half of 2009 with a repayment occurring at the end of 2009 for illustrative purposes
4.
Capital ratios calculated using 2Q 2009 estimated RWA of $152 billion
$11.8 SCAP  
Losses
Less
$1.4 Actual            
1H09                
NCOs
Adjusted For
Taxes
$4.7 Total
SCAP
Resources
Less
$1.2 1H09               
SCAP
Resources
Adjusted for
Taxes
($ in billions)
Tier 1 Common
Tier 1
$4.9
$6.5
$2.2
$0.1
12.2%
7.3%
6.1%
4.5%
4Q 2010 Well
Capitalized
6.0%
4.0%
4
3
1
2
$0
$5
$10
$15
$20
$25
2Q09
2H09 + 2010
SCAP
Resources
SCAP Losses
Preferred
Dividend
TARP
Preferred
4Q10 Capital	

15
7.34%
12.23%
15.31%
7.27%
10.55%
15.20%
Tier 1 Common Ratio
Tier 1 Ratio
Total Capital Ratio
STI Q209
Peer median Q209
Strong Capital Position
Note:  Peers include BBT, COF, FITB, KEY, PNC, RF and USB.  STI ratios are actual.
Source: Company earnings releases, SNL Financial.
7.34% 2Q09 Tier 1 Common Ratio	

16
8.40%
8.05%
7.34%
7.27%
7.00%
6.70%
5.30%
BBT
RF
STI
KEY
FITB
USB
PNC
Q2 Capital Ratio Comparison
Tier 1 Common
TCE/TA
Note:
STI
Tier
1
Common
ratio
is
actual.
Capital
One
Financial
did
not
provide
Tier
1
Common
Ratio
in
Q2
earnings
release.
PNC
and
Capital
One
Financial did not provide intangible assets in Q2 earnings release.
Source: Company earnings releases, SNL Financial.
7.35%
6.77%
6.67%
6.59%
5.98%
4.98%
KEY
STI
FITB
RF
BBT
USB	

Liquidity	

18
+6.7%
$3.4
$3.5
$3.7
$28.3
$30.1
$32.0
$24.4
$20.9
$24.9
$20.8
$23.2
$21.8
$17.1
$17.3
$17.3
$13.0
$13.7
$13.3
Dec 2008
March 2009
June 2009
MMA
DDA
NOW
CD <$100
CD >$100
Savings
+5.4%
flat
+4.8%
+16.7%
+6.4%
Dec –
March
Growth
+5.0%
Consumer and Commercial Deposit Trends
$103.8
$110.8
$114.2
($ in billions)
Dec –
June
Growth
+8.8%
+2.3%
(1.2)%
+11.5%
+19.1%
+13.1%
+10.0%
1.
Reflects average balances for the month
1
1
1
Core Consumer and Commercial Deposits Increased to a Record $114 Billion with Favorable Mix Trends	

19
SunTrust Maintains a Very Conservative Short-Term Liquidity Stance and Has Access to Plentiful
Contingent Liquidity
Short-Term Liquidity	

20
SunTrust Conservatively Manages Refunding Risk by Laddering Its Debt Maturity Schedule
Debt Maturity Profile
SunTrust term wholesale funding balance and maturity schedule
$ millions
Funding product
7.31.09
balance
2009
2010
2011
2012
FHLB advances
3,116
514
1,057
255
1,467
Fixed
1,611
9
57
255
1,467
Floating
1,505
505
1,000
0
0
Wholesale CDs
2,960
1,001
1,959
0
0
Fixed
1
1
0
0
0
Floating
2,959
1,000
1,959
0
0
Bank notes
9,259
0
750
4,289
1,763
Fixed
5,127
0
750
2,250
0
Floating
4,132
0
0
2,039
1,763
Parent company notes
2,342
285
300
0
1,013
Total
17,677
1,800
4,066
4,544
4,243
Maturities as share of 7.31.09 balance
10.2%
23.0%
25.7%
24.0%
Maturities	

21
2Q 2009 Liability Management Results
($ in Millions)
$375
61
314
750
3,500
70
$4,320
$110
11
91
212
(3)
5
$214
$(56)
17
(3)
(42)
(4)
7
$(39)
Principal Amount
Retired
Cash
Tendered
Tier 1
Common
Pre-Tax Income
Statement Impact
1.
A pre-tax
loss
of
$56
million
reflected
for
the
PPS
transaction
is
the
net
impact
of
the
gross
gain
on
debt
extinguishment of $113 million, less transaction related costs, and a loss of $165 million recorded to
reflect the extinguishment of the forward sale agreement embedded within the existing PPS security. The
$165 million is directly recorded in additional paid in capital offsetting the after-tax loss recorded in
retained earnings and resulting in net additional Tier 1 common of $110 million
2.
A gain on the Series A preferred securities is not included in net income but is included in income
available to common shareholders, EPS, and total equity
Security
PPS
SunTrust Capital VIII
Series A Preferred
Sub-Total Cash Tender
FHLB Advances
Bank Note
Total
$262
43
220
525
3,500
63
$4,087
2
1	

Asset Quality	

23
SCAP –
Loan Losses
7.8%
8.3%
8.5%
8.6%
8.8%
9.0%
9.1%
10.0%
10.0%
10.5%
10.9%
11.7%
COF
C
FITB
BAC
JPM
RF
PNC
WFC
BBT
KEY
STI
USB
SCAP
Loan
Losses
(%)
–
“More
Adverse”
Scenario
SCAP Conclusions Endorsed SunTrust’s Relative Credit Strength	

24
11.7%
7.8%
37.9%
18.2%
13.9%
5.5%
11.0%
4.5%
19.9%
6.3%
3.4%
11.9%
13.7%
5.2%
17.4%
8.3%
8.2%
10.6%
Source: Federal Reserve
Note: Financial data as of December 31, 2008
1. Includes BAC, BBT, C, COF, FITB, JPM, KEY, PNC, RF, USB and WFC
2. Includes losses on other consumer and non-consumer loans
CRE
First Lien Mortgages
Second/Junior Lien Mortgages
C&I
Credit Card Loans
Total Loans
Peer range¹
²
Loan Type
SCAP-
Conservative Underwriting
SCAP Cumulative Estimated Losses for 2009 and 2010 for “More Adverse Scenario”	

25
Asset Quality Metrics
Over
Half
of
Charge-Off
Increase
Driven
By
Borrower
Misrepresentation
Classification
Change;
Early Stage Delinquencies Declined and ALLL Increased to 2.37%
($ in millions)
2Q 2009
1Q 2009
4Q 2008
2Q09 vs
1Q09
Total Loans at End of Period
$122,816.2
$123,893.0
$126,998.4
$(1,076.8)
$(3,105.4)
Allowance for Loans & Lease Losses
2,896.0
2,735.0
2,351.0
161.0
384.0
Net Charge-offs
801.2
610.1
552.5
191.1
57.6
Borrower Misprepresentations
116.2
17.0
--
99.2
17.0
Net Charge-offs Excluding
Borrower Misrepresentations
685.0
593.1
552.5
91.9
40.6
Provision Expense
962.2
994.1
962.5
(31.9)
31.6
NPAs
6,165.0
5,246.4
4,456.4
918.6
790.0
NPLs
to Total Loans
4.48%
3.75%
3.10%
0.73%
0.65%
NPAs
to Total Loans + OREO/OA
4.99%
4.21%
3.49%
0.78%
0.72%
ALLL to Loans
2.37%
2.21%
1.86%
0.16%
0.35%
NCOs (annualized to Average Loans)
2.59%
1.97%
1.72%
0.62%
0.25%
30-89 Days Past Due
1.54%
1.76%
1.81%
(0.22)%
(0.05)%
1Q09 vs
4Q08
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	

26
•
Increased reserves by $1.4 billion from
1Q08
•
2Q09 reserve of $2.9 billion
•
Aggregate $1.1 billion of excess
provision over charge-offs in past four
quarters
•
Average $268 million excess per
quarter
1,094
1,283
1,545
1,829
1,941
2,351
2,735
2,896
0
500
1,000
1,500
2,000
2,500
3,000
3Q07
4Q07
1Q08
2Q08
3Q08
4Q08
1Q09
2Q09
Loan Loss Reserve –
Last Eight Quarters
($ in millions)
43
189
263
125
112
410
384
161
0
100
200
300
400
500
3Q07
4Q07
1Q08
2Q08
3Q08
4Q08
1Q09
2Q09
Provisions in Excess of NCOs –
Last Eight Quarters
($ in millions)
SunTrust Has Taken Aggressive Action
2.37% Allowance to Loans Ratio	

27
Allowance to Non-Performing Loan Review
ALLL
Coverage
of
NPLs
Increases
to
Nearly
100%
When
Adjusted
for
NPLs
Previously
Written
Down and Impaired Loans That Have Specific Reserve Allocations
1.
Loans to large corporate clients.  Relatively few, but larger credits make FAS 114 reserves and implied severities volatile.  Specific credits included in the reserve at this time primarily are in cyclical industries and loss
severities are being influenced upward by expected debt for equity swap workouts
2.
Loans to mid-sized businesses and real estate developers; typically secured by collateral
3.
Percentage based on impairments realized when loan has non-accrual status or we take title to REO property.  Additional impairment of the loan or property may occur when property or collateral is seized or
liquidated.
IMPAIRED LOANS WITH SPECIFIC RESERVES
2Q 2009 ($ in Millions)
2Q 09
2Q 09
Cumulative
Implied
Balance
FAS114 Reserve
Charge-Offs
Severity
Commercial and Investment Banking
$208
$85
$113
62%
1
Commercial
932
190
52
25%
2
Wealth and Investment Management
45
13
2
32%
TOTAL FAS 114 Portfolio
$1,185
$288
$167
34%
ALLL / NPL Coverage Ratio
22%
99%
23%
54%
Base ALLL/NPL
Coverage
Resi Mtg NPLs at
Expected
Recoverable Value
Impaired Loans With
Specific Reserves
Adjusted ALLL/NPL
Coverage
3	

28
Loan Portfolio
Consumer Real Estate-Driven Charge-Offs Increased; Significant and Broad-Based Decrease in Early
Stage Delinquencies
1. Consumer -
Direct includes approximately $3 billion of federally guaranteed student loans
2. The increase in charge-offs is largely due to a $99.2 million increase in borrower misrepresentation charge-offs which were classified as operating   
losses prior to 2009  
(2)
Balance
% of
Balance
% of
C/O Ratio
C/O Ratio
30-89 DLQ%
30-89 DLQ%
($ in millions)
06/30/2009
Portfolio
03/31/2009
Portfolio
2Q09
1Q09
2Q09
1Q09
Commercial
$37,961
31%
$38,616
31%
1.53%
1.35%
0.27%
0.37%
Commercial Real Estate
15,859
13%
15,094
12%
0.07%
0.05%
0.85%
0.72%
Consumer -
Direct
(1)
5,121
4%
5,173
4%
0.91%
0.54%
4.25%
5.25%
Consumer -
Indirect
6,406
5%
6,351
5%
1.24%
2.00%
1.66%
1.84%
Credit Cards
1,006
1%
976
1%
9.03%
6.94%
3.72%
3.25%
Real Estate Home Equity Lines
16,298
13%
16,455
13%
4.79%
4.00%
1.38%
1.44%
Real Estate 1-4 Family
31,989
26%
32,181
27%
4.06%
2.28%
2.50%
2.79%
Real Estate Construction
8,176
7%
9,047
7%
4.20%
3.76%
3.36%
4.24%
Total
$122,816
100%
$123,893
100%
2.59%
1.97%
1.54%
1.76%	

29
1.  Excludes $72.4 million of C & I loans secured by residential real estate and $64.9 million of mark-to-market loans held for sale
2.  Does not include nonaccruals
Residential Mortgages $31,989 million
Portfolio Profile
Credit Quality Metrics
Loan Type
6/30/09
Balance
3/31/09
Balance
6/30/2009           
$ Nonaccruals
3/31/2009         
$ Nonaccruals
6/30/09    
60+ DLQ
3/31/09    
60+ DLQ
Core Portfolio
$24,608
$23,906
$1,620
$1,293
2.18%
2.43%
Home Equity Loans
2,088
2,333
62
68        
0.81
0.98
Prime 2
3,210
3,509
120
128 
2.58
3.06
Lot Loans
1,157
1,329
280
252  
5.33
5.30
Alt-A 1
694
819
259
250  
7.84
8.02
Alt-A 2
232
285
51
57   
8.76
8.60
Total
$31,989
$32,181
$2,392
$2,048
2.49%
2.71%
Residential Mortgages
Delinquencies Declined Meaningfully, While Nonaccrual Balances Trended Higher
($ in millions)
nd
st
nd
1
2
2	

30
Home Equity Lines $16,298 million
1.  Excludes
3
party
originated
2.  Excludes 3rd party originated and Florida CLTV > 80%
3.  Excludes
3rd
party
originated,
Florida
CLTV>80%
and
CLTV
90+%
4.  Annualized quarterly rate
Portfolio Profile
Credit Quality Metrics
Type
6/30/09
Balance
% of
Total
3/31/09
Balance
2Q 09
Charge-off
4
%
1Q 09
Charge-off
4
%
2Q 09
Nonaccrual
%
1Q 09
Nonaccrual
%
3
Party
Originated
$1,703
11%
$1,782
13.75%
14.08%
4.41%
4.63%
CLTV > 80%
(Florida)
1,892
12
1,940
10.32
8.33
3.68
3.88
CLTV > 90%
1,644
10
1,695
4.54
4.00
1.84
1.71
All Other
11,059
67
11,038
2.35
1.78
1.20
1.21
Total
$16,298
100%
$16,455
4. 79%
4.00%
1.91%
1.96%
Home Equity Lines
Two Highest Risk Segments Comprise 23% of Portfolio, but Drove 55% of 2Q Losses; Two-Thirds of the
Portfolio Exhibited Higher Losses but Stable Nonaccrual Levels
($ in millions)
rd
3
2
1
rd	

31
1. Annualized second quarter net charge-off ratio
($ in millions)
Balances Declined $871 Million, or Nearly 10%, to Less Than 7% of Total Loans;
Construction-to-Perm is Stabilizing, Commercial is Solid and Residential is Weak
Construction $8,176 million
19
15%
%
of
Portfolio
5.77%
5.47
0.68
0.96
6.00
8.72
8.50
8.32%
1Q 09
30 +
DLQ
Portfolio Profile
Credit Quality Metrics
Type
6/30/09
Balance
%
FL
2Q 09
C/O
%
$
NPLs
FL
NPLs
%
2Q 09
30 +
DLQ
Construction Perm
$1,250
26%
6.87%
$321
33%
5.57%
Residential
Construction
1,588
29
6.77
446
39
7.91
Residential A&D
1,587
19
23
5.70
496
37
7.73
Residential Land
589
7
41
5.27
222
52
2.79
Commercial
Construction
2,087
26
21
0.21
74
70
0.74
Commercial A&D
525
7
23
0.43
19
41
1.00
Commercial Land
550
7
32
0.99
35
22
7.76
Total
$8,176
100%
26%
4.20%
$1,613
40%
4.87%
Construction
1	

32
Credit Summary
•
Overall, credit performance weakened with deterioration most evident in residential real estate-
related charge-offs and NPL formation
•
2
nd
quarter decline in early stage delinquencies was significant and broad based, particularly in
consumer and mortgage loan products
•
Allowance for loan losses increased to 2.37% of loans
•
Residential Mortgage delinquencies declined meaningfully, while nonaccrual balances trended
higher
•
The two highest risk segments of HELOCs comprise 23% of portfolio but drove 55% of 2Q losses;
two-thirds of the portfolio exhibited higher losses but stable nonaccrual levels
•
The Construction
portfolio
declined
nearly
10%
–
$871
million
–
in
2Q
2009
and
is
down
41%
since
December 2007 
Residential Construction credit performance remained weak
Commercial Construction performed well; NPL increase largely driven by two borrowers
•
ALLL
coverage
of
NPLs
nearly
100%
adjusted
for
two-thirds
of
Residential
Mortgage
NPLs
written
down to expected recoverable value and specific (FAS114) reserves
•
Credit losses are expected to increase in the third quarter given continued weakness in residential
real estate-related and cyclically sensitive commercial exposures
•
Delinquency trends, particularly in consumer, are encouraging relative to potential loss rates in 4Q
and beyond