Truist Financial Corporation

NYSE:TFC Stock Report

Market Cap: US$57.2b

Truist Financial Management

Management criteria checks 4/4

Truist Financial's CEO is Bill Rogers, appointed in Sep 2021, has a tenure of 3.08 years. total yearly compensation is $12.04M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth $49.08M. The average tenure of the management team and the board of directors is 2 years and 10.8 years respectively.

Key information

Bill Rogers

Chief executive officer

US$12.0m

Total compensation

CEO salary percentage10.0%
CEO tenure3.1yrs
CEO ownership0.09%
Management average tenure2yrs
Board average tenure10.8yrs

Recent management updates

Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package

Apr 17
Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package

Recent updates

Truist Financial (NYSE:TFC) Is Paying Out A Dividend Of $0.52

Oct 26
Truist Financial (NYSE:TFC) Is Paying Out A Dividend Of $0.52

Why Truist Financial Stock Is Not A Buy Ahead Of Q2 Earnings

Oct 20

Truist Financial Q3 Preview: Core Banking Trends Become Even More Important

Oct 08

Truist Financial: Making Solid Progress

Sep 01

Time To Worry? Analysts Just Downgraded Their Truist Financial Corporation (NYSE:TFC) Outlook

Jul 31
Time To Worry? Analysts Just Downgraded Their Truist Financial Corporation (NYSE:TFC) Outlook

Truist Financial (NYSE:TFC) Will Pay A Dividend Of $0.52

Jul 29
Truist Financial (NYSE:TFC) Will Pay A Dividend Of $0.52

Why Truist Financial Stock Is Not A Buy Ahead Of Q2 Earnings

Jul 19

Truist Financial: Patience Is Bitter, But Its Fruit Is Sweet

Jun 26

Truist: Low Expectations And More Flexibility Create Opportunities (Rating Upgrade)

Jun 20

Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Apr 29
Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts

Apr 26
Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts

Truist Financial Q1 Earnings Preview: Capital Improvement But Deposit Weakness (Rating Downgrade)

Apr 17

Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package

Apr 17
Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package

Truist Financial Still Has Room To Run While Yielding 5.48%

Apr 05

Truist Financial: A Market Leader Ain't Cheap

Mar 23

Truist Financial: Potential For Improved Efficiency And Profitability Supports A Buy Rating

Feb 29

Truist Financial: The New All-Time High In Emergency Lending Explained

Feb 19

Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Feb 02
Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Truist Financial: Don't Let The Net Loss Scare You

Jan 23

Truist: Solid As A Rock And Potentially Returning 8.4% Annualized

Dec 29

Truist Financial Stock: Downgraded To Hold Despite Powell Pivot

Dec 19

Truist Financial: Buying In A Solid Base At Technical Support Levels

Nov 20

Truist Bank: Top Value Pick From Beaten-Down Banks

Oct 19

Truist Financial And U.S. Bancorp Q3 Earnings: A Caveat Hidden In Plain Sight

Oct 13

Truist Financial: A Secure Dividend And Attractive Valuation Create Opportunity

Sep 25

Truist Financial: The 6.3% Yielding Preferred Shares Could Be An Option

Sep 09

Truist Financial: Expect More Solvency Deterioration As Mortgage Rates Rise Higher

Aug 22

Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Jul 29
Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Truist Financial: Risky High-Yielder

Jul 21

Truist Financial And U.S. Bancorp: Cause For Concern After The Stress Test?

Jun 30

Truist: Priced For Disaster, Set For Recovery

Jun 15

Truist: Don't Forget About This Deep Value Gem

Jun 09

Truist Financial: Most Of The Negatives Are Priced In

May 24

Monetizing The Insurance Business Gives Truist Options, But Also Brings Risk

Feb 17

Truist Financial sheds 5% of investment-banking staff amid dealmaking slump - report

Feb 07

Truist Financial cut to Equalweight at Stephens on recent outperformance

Jan 31

Truist Financial declares $0.52 dividend

Jan 24

Truist Financial Q4 2022 Earnings Preview

Jan 18

Truist: The Problem And Opportunity In One Word

Jan 10

Truist Financial added to Citi's negative catalyst watch on NII, expense headwinds

Jan 04

CEO Compensation Analysis

How has Bill Rogers's remuneration changed compared to Truist Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$6b

Jun 30 2024n/an/a

-US$7b

Mar 31 2024n/an/a

-US$2b

Dec 31 2023US$12mUS$1m

-US$1b

Sep 30 2023n/an/a

US$5b

Jun 30 2023n/an/a

US$6b

Mar 31 2023n/an/a

US$6b

Dec 31 2022US$13mUS$1m

US$6b

Sep 30 2022n/an/a

US$6b

Jun 30 2022n/an/a

US$6b

Mar 31 2022n/an/a

US$6b

Dec 31 2021US$10mUS$1m

US$6b

Sep 30 2021n/an/a

US$6b

Jun 30 2021n/an/a

US$5b

Mar 31 2021n/an/a

US$5b

Dec 31 2020US$9mUS$1m

US$4b

Sep 30 2020n/an/a

US$4b

Jun 30 2020n/an/a

US$3b

Mar 31 2020n/an/a

US$3b

Dec 31 2019US$4mUS$78k

US$3b

Compensation vs Market: Bill's total compensation ($USD12.04M) is about average for companies of similar size in the US market ($USD12.90M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


CEO

Bill Rogers (66 yo)

3.1yrs

Tenure

US$12,037,646

Compensation

Mr. William Henry Rogers, Jr., also known as Bill, is Executive Chairman of Truist Financial Corporation since March 12, 2022 and serves as its Chief Executive Officer since September 12, 2021. He served a...


Leadership Team

NamePositionTenureCompensationOwnership
William Rogers
Executive Chairman & CEO3.1yrsUS$12.04m0.086%
$ 49.1m
Michael Maguire
Senior EVP & CFO2.1yrsUS$3.60m0.0057%
$ 3.2m
Hugh Cummins
Vice Chair & Chief Operating Officerless than a yearUS$6.52m0.028%
$ 15.9m
Clarke Starnes
Senior EVP24.8yrsUS$6.51m0.017%
$ 9.4m
Donta Wilson
Senior EVP & Chief Consumer and Small Business Banking Officer8.2yrsUS$4.66m0.0034%
$ 2.0m
Steve Hagerman
Chief Information Officerno datano datano data
Bradley Milsaps
Head of Investor Relationsno datano datano data
Scott Stengel
Senior EVPless than a yearno datano data
Scott Stanzel
Executive VP & Chief Communications Officer2yrsno datano data
Jodie Hughes
Director of Regional Commercial Real Estate & President of Washington Region11.8yrsno datano data
William Toomey
Regional President of Houston & Central Texas1.8yrsno datano data
Calvin Barker
Regional President of Tri-States for Kentucky1.8yrsno datano data

2.0yrs

Average Tenure

54yo

Average Age

Experienced Management: TFC's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Rogers
Executive Chairman & CEO13.8yrsUS$12.04m0.086%
$ 49.1m
Thomas Skains
Lead Independent Director15.3yrsUS$338.83k0.0024%
$ 1.4m
Dallas Clement
Independent Director9.8yrsUS$318.83k0.00022%
$ 125.8k
Steven Voorhees
Independent Director6.8yrsUS$318.83k0.0046%
$ 2.6m
Donna Morea
Independent Director12.8yrsUS$333.83k0.0030%
$ 1.7m
K. Boyer
Independent Director15yrsUS$308.83k0.0011%
$ 646.4k
Jennifer Banner
Independent Director21.5yrsUS$288.83k0.0021%
$ 1.2m
Agnes Bundy Scanlan
Independent Director7.8yrsUS$318.83k0.00047%
$ 268.9k
Bruce Tanner
Independent Director9.8yrsUS$288.83k0.00088%
$ 503.4k
Linnie Haynesworth
Independent Director4.8yrsUS$288.83k0.00022%
$ 125.8k
Charles Patton
Independent Director11.8yrsUS$318.83k0.0055%
$ 3.1m
Laurence Stein
Independent Directorless than a yearno datano data

10.8yrs

Average Tenure

66yo

Average Age

Experienced Board: TFC's board of directors are seasoned and experienced ( 10.8 years average tenure).