Buffett Dumps $982 Million in BofA Stock—What Does He Know?

Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.

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Charles A. Patton net worth and biography

Charles Patton Biography and Net Worth

Director of Truist Financial

Charles A. Patton serves as Independent Director of the Company. He has served as a consultant and manager of Patton Holdings, LLC (a real estate holding company) since 2007 and manager of PATCO Investments, LLC (emphasizing specialty lending and equity participations) since 1998. Qualifications and Skills: Over the course of his extensive career in the financial services industry, Mr. Patton has served in a variety of leadership positions, including as the President and Chief Executive Officer of Virginia First Savings Bank. As the top executive of Virginia First, he gained leadership, oversight and risk management skills, as well as financial industry and banking operations expertise, which are valuable as a Truist director. His service on the Truist Bank board has provided him with significant institutional knowledge about Truist, and considerable corporate governance expertise. Mr. Patton also is a leader in his community, holding leadership positions in a variety of social and civic organizations in the Richmond, Virginia area. He is Chairman of the Richard Bland College Foundation, Inc. and Chairman of its Executive Committee.

What is Charles A. Patton's net worth?: The estimated net worth of Charles A. Patton is at least $175,917.28 as of May 2nd, 2023. Mr. Patton owns 3,668 shares of Truist Financial stock worth more than $175,917 as of November 23rd. This net worth estimate does not reflect any other investments that Mr. Patton may own. Learn More about Charles A. Patton's net worth.
How do I contact Charles A. Patton?: The corporate mailing address for Mr. Patton and other Truist Financial executives is 214 NORTH TRYON STREET, CHARLOTTE NC, 28202. Truist Financial can also be reached via phone at (336) 733-2000 and via email at [email protected]. Learn More on Charles A. Patton's contact information.
Has Charles A. Patton been buying or selling shares of Truist Financial?: Charles A. Patton has not been actively trading shares of Truist Financial within the last three months. Most recently, on Tuesday, May 2nd, Charles A. Patton bought 3,668 shares of Truist Financial stock. The stock was acquired at an average cost of $19.00 per share, with a total value of $69,692.00. Following the completion of the transaction, the director now directly owns 3,668 shares of the company's stock, valued at $69,692. Learn More on Charles A. Patton's trading history.
Who are Truist Financial's active insiders?: Truist Financial's insider roster includes Daryl Bible (CFO), K. Boyer, Jr. (Director), Scott Case (EVP), Hugh Cummins, III (Insider), Ellen Fitzsimmons (Sr. EVP), John Howard (Sr. EVP & Chief Insurance Officer ), Kelly King (Director), Ellen Koebler (Insider), Michael Maguire (EVP), Kimberly Moore-Wright (EVP), Charles Patton (Director), Cynthia Powell (VP), Nido Qubein (Director), David Ratcliffe (Director), William Rogers, Jr. (Chairman & CEO), Brantley Standridge (EVP), Clarke Starnes, III (Insider), Joseph Thompson (EVP), Thomas Thompson (Director), Steven Voorhees (Director), David Weaver (EVP), and Dontá Wilson (VP). Learn More on Truist Financial's active insiders.
Are insiders buying or selling shares of Truist Financial?: During the last year, Truist Financial insiders bought shares 1 times. They purchased a total of 57,300 shares worth more than $2,518,908.00. During the last year, insiders at the insurance provider sold shares 2 times. They sold a total of 10,452 shares worth more than $436,283.04. The most recent insider tranaction occured on July, 25th when VP Cynthia B. Powell sold 6,688 shares worth more than $295,208.32. Insiders at Truist Financial own 0.2% of the company. Learn More about insider trades at Truist Financial.
Information on this page was last updated on 7/25/2024.

Charles A. Patton Insider Trading History at Truist Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/2/2023	Buy	3,668	$19.00	$69,692.00	3,668
3/8/2017	Sell	10,000	$48.15	$481,500.00

Charles A. Patton Buying and Selling Activity at Truist Financial

Truist Financial Company Overview

Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; credit card lending; consumer finance; home equity and mortgage lending; other direct retail lending; insurance; investment brokerage; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; small business lending; and wealth management/private banking services. In addition, it offers asset based lending, investment banking and capital market, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, merchant, commercial deposit and treasury, floor plan, mortgage warehouse lending, real estate lending, and supply chain financing services. Further, the company provides insurance brokerage, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment management and advisory services. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.

Today's Range

Now: $47.96

$46.83

$48.06

50 Day Range

MA: $43.68

$41.49

$47.96

2 Week Range

Now: $47.96

$31.23

$48.06

Volume

8,587,856 shs

Average Volume

8,504,333 shs

Market Capitalization

$63.67 billion

P/E Ratio

N/A

Dividend Yield

4.44%

Beta

1.05