Are Shares of SunTrust Banks Cheap or Expensive?

Are Shares of SunTrust Banks Cheap or Expensive?

Shares of SunTrust Banks (NYSE: STI) are up 28% over the past year. That's less than many of its peers, as the KBW Bank Index has climbed 38% over the same stretch, but it nevertheless beats the S&P 500, which is up 20%.

Given this performance, it's reasonable for investors to ask: Are shares of SunTrust Banks cheap or expensive?

A branch of SunTrust Banks. Image source: Getty Images.

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Source: Fool.com