WARNING: “Buffett Indicator” flashing for first time in 50 years

Warren Buffett has sold a staggering $97 billion worth of stocks this year... But why? Our research indicates the Oracle of Omaha is quietly preparing for a historic market crash. His most reliable crash indicator - the "Buffett indicator" - just flashed red for the first time in 25 years.

Take these 4 steps today to protect your retirement NOW

Joseph M. Thompson net worth and biography

Joseph Thompson Biography and Net Worth

EVP of Truist Financial

Joe M. Thompson is head of Wealth at Truist Financial Corporation. He oversees teams that deliver holistic wealth management solutions to affluent, high, and ultra-high net worth individuals, families, and business owners in the U.S. and abroad, as well as distinct solutions for individuals and businesses in the medical, legal, sports and entertainment industries. Truist Wealth also provides public, private, and nonprofit organizations with corporate trust, escrow, and institutional investment management services, in addition to asset management solutions delivered by Sterling Capital Management. He assumed this position on December 2019 upon the closing of the merger of equals between BB&T Corporation and SunTrust Banks, Inc., and is a member of the company’s executive management team.

In August 2014, Thompson was named the head of Private Wealth Management at SunTrust Banks, Inc. Prior to that, Thompson, who joined SunTrust Bank subsidiary SunTrust Robinson Humphrey (STRH) in 1991, held numerous positions in the Financial Services Group, including being named head of Investment Banking and later head of Corporate Banking. Before joining SunTrust, Thompson worked in the mergers and acquisitions department at Morgan Stanley & Co., Inc.

Thompson is a member of the board of trustees of the National YoungArts Foundation.

Thompson earned a bachelor's degree from Williams College and an MBA from the Harvard Business School.

What is Joseph M. Thompson's net worth?: The estimated net worth of Joseph M. Thompson is at least $1.63 million as of April 26th, 2021. Mr. Thompson owns 37,741 shares of Truist Financial stock worth more than $1,634,940 as of December 21st. This net worth estimate does not reflect any other investments that Mr. Thompson may own. Learn More about Joseph M. Thompson's net worth.
How do I contact Joseph M. Thompson?: The corporate mailing address for Mr. Thompson 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 Joseph M. Thompson's contact information.
Has Joseph M. Thompson been buying or selling shares of Truist Financial?: Joseph M. Thompson has not been actively trading shares of Truist Financial during the last quarter. Most recently, Joseph M. Thompson sold 3,750 shares of the business's stock in a transaction on Wednesday, January 19th. The shares were sold at an average price of $67.69, for a transaction totalling $253,837.50. Learn More on Joseph M. Thompson'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.

Joseph M. Thompson Insider Trading History at Truist Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
1/19/2022	Sell	3,750	$67.69	$253,837.50
4/26/2021	Sell	5,265	$58.20	$306,423.00	37,741

Joseph M. Thompson 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: $43.32

$42.28

$43.68

50 Day Range

MA: $45.24

$42.07

$48.12

2 Week Range

Now: $43.32

$34.23

$49.06

Volume

14,806,595 shs

Average Volume

8,302,987 shs

Market Capitalization

$57.51 billion

P/E Ratio

N/A

Dividend Yield

4.89%

Beta

1.06