Clarke III - Truist Financial Chief EVP

TFC-PO Preferred Stock  USD 22.96  0.03  0.13%   

Insider

Clarke III is Chief EVP of Truist Financial
Age 64
Phone336 733 2000
Webhttps://www.truist.com

Truist Financial Management Efficiency

The company has return on total asset (ROA) of 0.0112 % which means that it generated a profit of $0.0112 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0976 %, meaning that it generated $0.0976 on every $100 dollars invested by stockholders. 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.
Truist Financial has accumulated 66.62 B in total debt. 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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Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina. Truist Financial operates under BanksRegional classification in the United States and is traded on NYQ Exchange. It employs 52648 people. Truist Financial (TFC-PO) is traded on NASDAQ Exchange in USA. It is located in 214 North Tryon Street, Charlotte, NC, United States, 28202 and employs 52,848 people. Truist Financial is listed under Banking category by Fama And French industry classification.

Management Performance

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.
William Rogers, CEO Chairman
Scott Case, Chief EVP
John Howard, EVP Officer
Ankur Vyas, Head Relations
Clarke III, Chief EVP
Ellen Fitzsimmons, Chief EVP
Michael Maguire, CFO EVP
Scott Stanzel, Ex Officer
Kelly King, Ex Director
Hugh III, Vice Chair

Truist Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred 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.

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.

Moving against Truist Preferred Stock

  0.56RF Regions Financial Fiscal Year End 17th of January 2025 PairCorr
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  0.53AX Axos FinancialPairCorr
  0.53TECTP Tectonic FinancialPairCorr
The ability to find closely correlated positions to Truist Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Truist Financial 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 Truist Financial - 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 Truist Financial to buy it.
The correlation of Truist Financial 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 Truist Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Truist Financial 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 Truist Financial 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Truist Preferred Stock

Truist Financial financial ratios help investors to determine whether Truist Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Truist with respect to the benefits of owning Truist Financial security.