Charles Patton - Truist Financial Independent Director
Director
Mr. Charles A. Patton is an Independent Director of the Company. Mr. Patton has served as a consultant and manager of Patton Holdings, LLC since 2007 and manager of PATCO Investments, LLC since 1998. Over the course of his extensive career in the financial services industry, Mr. Patton has served in a variety of leadership positions, including as the President and Chief Executive Officer of Virginia First Savings Bank. As the top executive of Virginia First, he gained leadership, oversight and risk management skills, as well as financial industry and banking operations expertise, which are valuable as a director of BBT. His long tenure on the Branch Bank board has imparted him with significant institutional knowledge about BBT, while also providing corporate governance expertise. Mr. Patton also is a leader in his community, holding leadership positions in a variety of social and civic organizations in the Richmond, Virginia area. He is a Director and the Chairman of the Audit and Finance Committees of Richard Bland College Foundation, Inc. and Chairman of the Audit and Finance Committees. since 2013.
| Age | 61 |
| Tenure | 11 years |
| Phone | 336 671-2399 |
| Web | www.bbt.com |
Truist Financial Management Efficiency
Truist Financial's management efficiency ratios could be used to measure how well Truist Financial manages its routine affairs as well as how well it operates its assets and liabilities.The company has 36.89 B in debt with debt to equity (D/E) ratio of 6.68, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Truist Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Truist Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Truist Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Truist to invest in growth at high rates of return. When we think about Truist Financial's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 7.0E-4 | |||
| Return On Asset | 1.0E-4 |
Truist Financial Leadership Team
Elected by the shareholders, the Truist Financial's board of directors comprises two types of representatives: Truist Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Truist. The board's role is to monitor Truist Financial's management team and ensure that shareholders' interests are well served. Truist Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Truist Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rufus Yates, Senior Executive Vice President Capital Markets Manager | ||
| Edwin Welch, Independent Director | ||
| Easter Maynard, Independent Director | ||
| Steven Wiggs, Senior Executive Vice President Chief Marketing Officer, Lending Group Manager | ||
| Charles Patton, Independent Director | ||
| John Howe, Independent Director | ||
| Louis Lynn, Independent Director | ||
| Patrick Graney, Independent Director | ||
| Thomas Skains, Independent Director | ||
| I Henry, Independent Director | ||
| William Reuter, Independent Director | ||
| Eric Kendrick, Independent Director | ||
| Jim Godwin, Senior Executive Vice President and Deputy Chief Risk Officer | ||
| Christopher Henson, President, Chief Operating Officer | ||
| David Boyer, Independent Director | ||
| Brant Standridge, Senior Executive Vice President, President, Retail Banking | ||
| Thomas Thompson, Independent Director | ||
| Donta Wilson, Senior Executive Vice President, Chief Digital and Chief Client Experience Officer | ||
| W Yates, Senior Executive Vice President Financial Services and Commercial Manager | ||
| Alex Brame, President - Central Pennsylvania Region | ||
| Donna Goodrich, Senior Executive Vice President Deposit Services Manager | ||
| Robert Johnson, Senior Executive Vice President General Counsel, Secretary, Chief Corporate Governance Officer | ||
| Ronald Deal, Lead Independent Director | ||
| K Boyer, Independent Director | ||
| Patricia Henry, Independent Director | ||
| Stephen Williams, Independent Director | ||
| Barbara Duck, Senior Executive Vice President, Chief Information Officer | ||
| William Bradley, Senior Executive Vice President and Chief Digital Officer | ||
| Cynthia Williams, Senior Executive Vice President Chief Corporate Communications Officer | ||
| Edward Milligan, Independent Director | ||
| Bennett Bradley, Chief Digital Officer | ||
| Ricky Brown, President of Community Banking and President of BBandT | ||
| Clarke Starnes, Senior Executive Vice President Chief Risk Officer | ||
| Paul Johnson, CIO | ||
| Nido Qubein, Director | ||
| David Weaver, Senior Executive Vice President, President - Community Banking | ||
| Jennifer Banner, Independent Director | ||
| Anna Cablik, Lead Independent Director | ||
| W Bradley, Senior Executive Vice President Manager of Operations Shared Services | ||
| Daryl Bible, Chief Financial Officer, Senior Executive Vice President | ||
| Tollie Rich, Independent Director | ||
| Christine Sears, Independent Director | ||
| James Faulkner, Director | ||
| Kelly King, Chairman, CEO, Member of Executive Committee, Member of Risk Committee, Chairman of Branch Banking and Trust Company and CEO of Branch Banking and Trust Company |
Truist Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Truist Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 7.0E-4 | |||
| Return On Asset | 1.0E-4 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 40.42 % | |||
| Current Valuation | 78.6 B | |||
| Shares Outstanding | 766.3 M | |||
| Shares Owned By Insiders | 23.01 % | |||
| Shares Owned By Institutions | 0.05 % | |||
| Number Of Shares Shorted | 47.96 M | |||
| Price To Earning | 13.66 X |
Pair Trading with Truist Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Truist Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Truist Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to NiSource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NiSource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NiSource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NiSource to buy it.
The correlation of NiSource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NiSource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NiSource moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NiSource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Truist Financial information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Truist Stock
If you are still planning to invest in Truist Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Truist Financial's history and understand the potential risks before investing.
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