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Published on 7/24/2012 in the Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

DBRS: SunTrust unchanged

DBRS, Inc. said that SunTrust Banks, Inc.'s issuer and senior debt ratings at A (low) are unaffected by the company's second-quarter earnings.

The trend is stable.

DBRS said it views the quarterly results as solid with improving earnings, strong mortgage banking results, positive operating leverage, modest loan growth and broad-based improvements in asset quality.


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