Clarke R. Starnes, III net worth and biography

Clarke Starnes, III Biography and Net Worth

Insider of Truist Financial

Clarke R. Starnes III is chief risk officer at Truist Financial Corporation. He oversees Truist’s Risk Management division and is a member of the executive leadership team. He assumed this role in December 2019, upon the closing of the merger of equals between BB&T Corporation and SunTrust Banks Inc.

Starnes was named chief credit officer of Truist predecessor BB&T in September 2008 and chief risk officer in January 2009. He was named to the BB&T Executive Management team in December 2006 as the specialized lending group manager. Prior to that, he served in many different roles, including as business services manager, regional senior credit officer, regional loan administrator for corporate accounts, and direct retail lending risk manager.

Earlier in his BB&T career, Starnes managed the company’s loan officer development program and credit analyst department. Starnes completed BB&T's Leadership Development Program in 1982.

Starnes currently serves as director of the BB&T Center for Leadership Development at East Carolina University and previously served as a director of the Consumer Bankers Association and the Consumer Credit Counseling Services of Forsyth County in North Carolina.

Starnes earned a bachelor’s degree in business administration from University of North Carolina at Chapel Hill and is also a graduate of the ABA Stonier Graduate School of Banking at the University of Delaware.

What is Clarke R. Starnes, III's net worth?: The estimated net worth of Clarke R. Starnes, III is at least $7.70 million as of January 22nd, 2021. Mr. Starnes, III owns 182,205 shares of Truist Financial stock worth more than $7,695,610 as of March 6th. This net worth estimate does not reflect any other assets that Mr. Starnes, III may own. Learn More about Clarke R. Starnes, III's net worth.
How do I contact Clarke R. Starnes, III?: The corporate mailing address for Mr. Starnes, III 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 investors@truist.com. Learn More on Clarke R. Starnes, III's contact information.
Has Clarke R. Starnes, III been buying or selling shares of Truist Financial?: Clarke R. Starnes, III has not been actively trading shares of Truist Financial over the course of the past ninety days. Most recently, Clarke R. Starnes III sold 37,565 shares of the business's stock in a transaction on Tuesday, October 19th. The shares were sold at an average price of $62.45, for a transaction totalling $2,345,934.25. Learn More on Clarke R. Starnes, III'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 2 times. They purchased a total of 91,480 shares worth more than $4,178,688.80. During the last year, insiders at the insurance provider sold shares 3 times. They sold a total of 15,418 shares worth more than $665,712.24. The most recent insider tranaction occured on December, 4th when Director K. David Jr. Boyer sold 4,966 shares worth more than $229,429.20. 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 12/4/2024.

Clarke R. Starnes, III Insider Trading History at Truist Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/19/2021	Sell	37,565	$62.45	$2,345,934.25
1/22/2021	Sell	48,175	$51.06	$2,459,815.50	182,205
2/21/2018	Sell	22,629	$55.40	$1,253,646.60	107,933
4/21/2017	Sell	53,594	$43.37	$2,324,371.78	131,350
8/19/2015	Sell	68,088	$39.85	$2,713,306.80	86,579
7/31/2014	Sell	67,331	$37.52	$2,526,259.12
10/23/2013	Sell	25,540	$34.44	$879,597.60

Clarke R. Starnes, III 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: $42.24

$41.66

$42.63

50 Day Range

MA: $45.79

$42.83

$48.14

2 Week Range

Now: $42.24

$34.51

$49.06

Volume

7,312,518 shs

Average Volume

7,398,764 shs

Market Capitalization

$55.13 billion

P/E Ratio

12.68

Dividend Yield

4.58%

Beta

1.08