Truist Financial Shareholders Approve Directors and Pay Plans; CEO Reaffirms ROTCE Targets
At Truist Financial's annual meeting on May 4, 2026, shareholders overwhelmingly approved all director nominees (91%+), the 'say-on-pay' advisory vote, PwC ratification, and an amended incentive plan. CEO Bill Rogers reaffirmed a target of achieving a 15% return on tangible common equity by 2027 with long-term goals between 16-18%. The company also highlighted $5.2 billion returned to shareholders in 2025.
Tickers: $TFC
Topics: capital return targets director elections say-on-pay vote shareholder approval