Truist Financial Management
Management criteria checks 4/4
Truist Financial's CEO is Bill Rogers, appointed in Sep 2021, has a tenure of 3.25 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 $49.35M. The average tenure of the management team and the board of directors is 2.2 years and 10.9 years respectively.
Key information
Bill Rogers
Chief executive officer
US$12.0m
Total compensation
| CEO salary percentage | 10.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.2yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
Truist Financial (NYSE:TFC) Is Paying Out A Dividend Of $0.52
Oct 26
Why Truist Financial Stock Is Not A Buy Ahead Of Q2 Earnings
Oct 20Truist Financial Q3 Preview: Core Banking Trends Become Even More Important
Oct 08Truist Financial: Making Solid Progress
Sep 01Time To Worry? Analysts Just Downgraded Their Truist Financial Corporation (NYSE:TFC) Outlook
Jul 31Truist Financial (NYSE:TFC) Will Pay A Dividend Of $0.52
Jul 29Why Truist Financial Stock Is Not A Buy Ahead Of Q2 Earnings
Jul 19Truist Financial: Patience Is Bitter, But Its Fruit Is Sweet
Jun 26Truist: Low Expectations And More Flexibility Create Opportunities (Rating Upgrade)
Jun 20Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52
Apr 29Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts
Apr 26Truist Financial Q1 Earnings Preview: Capital Improvement But Deposit Weakness (Rating Downgrade)
Apr 17Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package
Apr 17Truist Financial Still Has Room To Run While Yielding 5.48%
Apr 05Truist Financial: A Market Leader Ain't Cheap
Mar 23Truist Financial: Potential For Improved Efficiency And Profitability Supports A Buy Rating
Feb 29Truist Financial: The New All-Time High In Emergency Lending Explained
Feb 19Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52
Feb 02Truist Financial: Don't Let The Net Loss Scare You
Jan 23Truist: Solid As A Rock And Potentially Returning 8.4% Annualized
Dec 29Truist Financial Stock: Downgraded To Hold Despite Powell Pivot
Dec 19Truist Financial: Buying In A Solid Base At Technical Support Levels
Nov 20Truist Bank: Top Value Pick From Beaten-Down Banks
Oct 19Truist Financial And U.S. Bancorp Q3 Earnings: A Caveat Hidden In Plain Sight
Oct 13Truist Financial: A Secure Dividend And Attractive Valuation Create Opportunity
Sep 25Truist Financial: The 6.3% Yielding Preferred Shares Could Be An Option
Sep 09Truist Financial: Expect More Solvency Deterioration As Mortgage Rates Rise Higher
Aug 22Truist Financial: Risky High-Yielder
Jul 21Truist Financial And U.S. Bancorp: Cause For Concern After The Stress Test?
Jun 30Truist: Priced For Disaster, Set For Recovery
Jun 15Truist: Don't Forget About This Deep Value Gem
Jun 09Truist Financial: Most Of The Negatives Are Priced In
May 24Monetizing The Insurance Business Gives Truist Options, But Also Brings Risk
Feb 17Truist Financial sheds 5% of investment-banking staff amid dealmaking slump - report
Feb 07Truist Financial cut to Equalweight at Stephens on recent outperformance
Jan 31Truist Financial declares $0.52 dividend
Jan 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$6b |
| Jun 30 2024 | n/a | n/a | -US$7b |
| Mar 31 2024 | n/a | n/a | -US$2b |
| Dec 31 2023 | US$12m | US$1m | -US$1b |
| Sep 30 2023 | n/a | n/a | US$5b |
| Jun 30 2023 | n/a | n/a | US$6b |
| Mar 31 2023 | n/a | n/a | US$6b |
| Dec 31 2022 | US$13m | US$1m | US$6b |
| Sep 30 2022 | n/a | n/a | US$6b |
| Jun 30 2022 | n/a | n/a | US$6b |
| Mar 31 2022 | n/a | n/a | US$6b |
| Dec 31 2021 | US$10m | US$1m | US$6b |
| Sep 30 2021 | n/a | n/a | US$6b |
| Jun 30 2021 | n/a | n/a | US$5b |
| Mar 31 2021 | n/a | n/a | US$5b |
| Dec 31 2020 | US$9m | US$1m | US$4b |
| Sep 30 2020 | n/a | n/a | US$4b |
| Jun 30 2020 | n/a | n/a | US$3b |
| Mar 31 2020 | n/a | n/a | US$3b |
| Dec 31 2019 | US$4m | US$78k | US$3b |
Compensation vs Market: Bill's total compensation ($USD12.04M) is about average for companies of similar size in the US market ($USD12.85M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Rogers (66 yo)
3.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 3.3yrs | US$12.04m | 0.086% $ 49.3m | |
| Senior EVP & CFO | 2.3yrs | US$3.60m | 0.0057% $ 3.3m | |
| Vice Chair & Chief Operating Officer | 1.1yrs | US$6.52m | 0.028% $ 15.9m | |
| Senior EVP & Chief Consumer and Small Business Banking Officer | 8.3yrs | US$4.66m | 0.0034% $ 2.0m | |
| Chief Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior EVP | less than a year | no data | no data | |
| Executive VP & Chief Communications Officer | 2.2yrs | no data | no data | |
| Director of Regional Commercial Real Estate & President of Washington Region | 11.9yrs | no data | no data | |
| Regional President of Houston & Central Texas | 1.9yrs | no data | no data | |
| Regional President of Pennsylvania & New Jersey | 1.9yrs | no data | no data | |
| Regional President of South Carolina | 6.3yrs | no data | no data |
2.2yrs
Average Tenure
52yo
Average Age
Experienced Management: TFC's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 13.9yrs | US$12.04m | 0.086% $ 49.3m | |
| Lead Independent Director | 15.5yrs | US$338.83k | 0.0024% $ 1.4m | |
| Independent Director | 9.9yrs | US$318.83k | 0.00022% $ 126.5k | |
| Independent Director | 6.9yrs | US$318.83k | 0.0046% $ 2.6m | |
| Independent Director | 12.9yrs | US$333.83k | 0.0030% $ 1.7m | |
| Independent Director | 15.2yrs | US$308.83k | 0.00077% $ 442.8k | |
| Independent Director | 21.7yrs | US$288.83k | 0.0021% $ 1.2m | |
| Independent Director | 7.9yrs | US$318.83k | 0.00047% $ 270.3k | |
| Independent Director | 9.9yrs | US$288.83k | 0.00088% $ 506.1k | |
| Independent Director | 5yrs | US$288.83k | 0.00022% $ 126.5k | |
| Independent Director | 11.9yrs | US$318.83k | 0.0055% $ 3.2m | |
| Independent Director | less than a year | no data | no data |
10.9yrs
Average Tenure
66.5yo
Average Age
Experienced Board: TFC's board of directors are seasoned and experienced ( 10.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Truist Financial Corporation is covered by 57 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Ishan Majumdar | Baptista Research |