David Ratcliffe - Truist Financial Lead Independent Director

TFC Stock  USD 47.96  1.15  2.46%   

Director

David Ratcliffe is Lead Independent Director of Truist Financial Corp since 2022.
Age 71
Tenure 2 years
Address 214 North Tryon Street, Charlotte, NC, United States, 28202
Phone336 733 2000
Webhttps://www.truist.com

Truist Financial Management Efficiency

The company has Return on Asset of (0.0114) % which means that on every $100 spent on assets, it lost $0.0114. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0951) %, meaning that it generated no profit with money 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. The current year's Return On Tangible Assets is expected to grow to -0.002. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, Truist Financial's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 494.7 B, whereas Total Current Assets are forecasted to decline to about 29.1 B.
Truist Financial Corp has 59.69 B in debt. Note however, debt could still be an excellent tool for Truist to invest in growth at high rates of return.

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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 New York Stock Exchange. It employs 52648 people. Truist Financial Corp (TFC) is traded on New York Stock Exchange in USA. It is located in 214 North Tryon Street, Charlotte, NC, United States, 28202 and employs 37,867 people. Truist Financial is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Truist Financial Corp 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.
Scott Case, Senior Executive Vice President, Chief Information Officer
Kathy Farrell, Head Credit
Bradley CFA, Head Relations
Dallas Clement, Independent Director
Donna Morea, Independent Director
Dale Jeanes, Chief Audit Officer
Brant Standridge, Senior Executive Vice President and President Retail Banking, Head of Retail Community Banking
Donta Wilson, Senior Executive Vice President and Chief Digital and Client Experience Officer
K Boyer, Independent Director
Howard Whyte, Chief Information Security Officer
Jodie Hughes, Director Region
Charlie Mattox, Market President
Cynthia Powell, Executive Controller
Denise Demaio, Chief Audit Officer
Ankur Vyas, Head Relations
Frank Scruggs, Independent Director
Peter Mahoney, EVP Program
Antonio Coley, President Region
Linnie Haynesworth, Independent Director
Travis Rhodes, Regional Jersey
Steven Voorhees, Independent Director
Agnes Scanlan, Independent Director
Anna Cablik, Lead Independent Director
Jennifer Banner, Independent Director
Daryl Bible, Chief Financial Officer, Senior Executive Vice President
Paul Garcia, Independent Director
Scott JD, Chief EVP
Bruce Tanner, Independent Director
Hugh Cummins, Senior Executive Vice President and Head of the Corporate and Institutional Group
Easter Maynard, Independent Director
John Howard, Senior Executive Vice President Chief Insurance Officer
Thomas Hackett, Chairman Securities
Charles Patton, Independent Director
David Ratcliffe, Lead Independent Director
Steve Hagerman, Chief Officer
Patrick Graney, Independent Director
Thomas Skains, Lead Independent Director
Mo Ramani, Chief Officer
Brad Bender, Interim Officer
Hugh III, Vice Officer
Kimberly MooreWright, Senior Executive Vice President, Chief Teammate Officer, Head of Enterprise Diversity
Christopher Henson, Senior Executive Vice President and Head of Banking and Insurance
Thomas Thompson, Independent Director
Fadie Itayem, Treasurer
Alex Brame, Regional Carolina
William Rogers, President, Chief Operating Officer, Director of Truist and Truist Bank
Joseph Thompson, Senior Executive Vice President and Head of Truist Wealth
William II, Regional Texas
David Kennedy, President Region
Scott Stengel, Senior Officer
Ellen Fitzsimmons, Senior Executive Vice President and Chief Legal Officer and Head of Enterprise Diversity, Corporate Secretary
Clarke Starnes, Senior Executive Vice President Chief Risk Officer
Nido Qubein, Independent Director
Tarun Mehta, Transformation Strategy
Calvin Barker, Ohio Kentucky
David Weaver, Senior Executive Vice President, Chief Commercial Community Banking Officer
Paul Donahue, Independent Director
Burton McDonald, Regional Region
Vinoo Vijay, Chief Marketing Officer
Liz Guthrie, Head Transformation
Christine Sears, Independent Director
Clarke III, Chief EVP
Ellen Koebler, Senior Executive Vice President and Deputy Chief Risk Officer
Michael Maguire, Senior Executive Vice President, Chief National Consumer Finance Services and Payments Officer
Scott Stanzel, Executive Officer
Sherry Graziano, Client Digital
Kelly King, Chairman of the Board, Chief Executive Officer of Truist and Truist Bank

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.

Also Currently Popular

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When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.239
Dividend Share
2.08
Earnings Share
(4.86)
Revenue Per Share
10.857
Quarterly Revenue Growth
0.061
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.