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) January 12, 1999

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

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


    303 Peachtree St., N.E., Atlanta, Georgia                 30308
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   (Address of principal executive offices)                 (Zip Code)


Registrant's telephone number, including area code  (404) 588-7711

                                                                         

Item 5. Other Events

On January 12, 1999,  SunTrust Banks, Inc. issued a press release reporting 1998
Operating Earnings were $1.1 billion,  an increase of 11.5%. A copy of the press
release is filed as Exhibit 99 to 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.
                                    (Registrant)



Date: January 15, 1999              By:   /s/ William P. O'Halloran
                                          --------------------------------------
                                          William P. O'Halloran
                                          Senior Vice President and Controller