Eric Kendrick - Truist Financial Independent Director

Director

Mr. Eric C. Kendrick is an Independent Director of BBT Corporationrationration. Mr. Kendrick has served as the President of Mereck Associates, Inc. since 1989. He is also President of Old Dominion Warehouse Corporation since 1991, President of Upton Corporation since 1991, and President of Murteck Construction Company, Inc. since 1991 since 2013.
Age 70
Tenure 11 years
Phone336 671-2399
Webwww.bbt.com
Kendrick brings to BB&T significant financial services industry experience and corporate governance perspective from his service on the boards of First Virginia Banks, Inc., where he served as a director from 1986 until it merged with BB&T in 2003, and Branch Bank, where he has served as director since 2003. As a successful executive, Mr. Kendrick also brings to the BB&T Board a high level of business acumen, as well as significant experience and valuable perspective from the construction and real estate development industries.

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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Truist Financial Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals in the Southeastern and Mid-Atlantic United States. The company was founded in 1872 and is based in Charlotte, North Carolina. BBT operates under Regional - Southeast Banks classification in USA and is traded on New York Stock Exchange. It employs 34723 people. Truist Financial (BBT) is traded on New York Stock Exchange in USA and employs 34,723 people.

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.
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.

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 Pfizer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pfizer 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 Pfizer - 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 Pfizer Inc to buy it.
The correlation of Pfizer 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 Pfizer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pfizer Inc 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 Pfizer 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
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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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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