tiprankstipranks
Truist Financial Revamps Executive Compensation and Grants Leadership Awards
Company Announcements

Truist Financial Revamps Executive Compensation and Grants Leadership Awards

Don't Miss our Black Friday Offers:

Truist Financial (TFC) has issued an update.

Truist Financial Corporation’s Board of Directors has approved one-time equity Leadership Awards for two senior executives, which are crucial to leveraging opportunities from a recent strategic transaction. These awards focus on shareholder value and risk management, with payouts contingent on meeting capital requirements and stock performance against a banking index. Additionally, the company has revamped its executive compensation program to better align with its strategic goals and the dynamic marketplace, shifting from a formulaic approach to a more nuanced evaluation of performance across various financial and strategic categories.

For a thorough assessment of TFC stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyTruist Financial price target raised to $51 from $47 at Citi
TheFlyTruist Financial call volume above normal and directionally bullish
TheFlyTruist Financial price target raised to $52 from $48 at Wells Fargo
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App