CRE, OI, community banking, mortgage,tech, all the above. Could they sell ELF as it has underperformed since merger by significant dollars. What say you “Teammates”?
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“As part of our relentless pursuit to create a better experience, we’re making a commitment to always look forward, pursue what’s next and strive to do more to further financial well-being for everyone.”
A better experience? So that's what all those Psychology Ph.D's are for?
Don’t worry about deposits being down all our clients withdrew money to pay their taxes. When you think you’ve heard it all this is stated in earnings call.
Mr Rogers and his gang live by the old rule, if you can’t dazzle them with science, baffle them with BS. BOD is a group of useful id--ts!
What an earnings call. How any bank Board member (or stockholder) could listen to that fiasco and come to the conclusion that this bank is being run by the right collection of individuals is simply mind boggling.
Let’s see what I learned. If I substantially underperform my sales goal for three years straight I can tell Bill a) it is still due to lingering issues from the merger, b) don’t worry, I am reconfiguring my sales model, c) I just know that I am on the right path, d) be patient, you should see good results “sometime” in the future and e) the most important thing is my desire for happy communities.
Anyone think that would get me a 27% wage increase and lifetime guaranteed employment??
LOL! What a clusterf*ck.
Deposit losses of 24 billion in one year. This isn’t ma and pa moving their life savings for better rates. Half billion for loan losses versus 170 m a year ago. Doesn’t sound like we are insulated from CRE as they make it appear. Bill spinning this tired old purpose BS and still blaming things on the merger. Called out by one analyst on this point. Like a White House press conference where the questions seem planned for the most part. Questions mostly about NII. Wake me up when investors and the BOD have had enough.
Dialed in to the earnings call in time for the Q&A. They are not buying Bill's bullsh-t.
Hopefully they start with the weirdo obsessed with Donta. Get help! They have lots of resources
You think underwriters are low skilled? Wow
It’ll be the low skilled people in corporate office administrative jobs like underwriters, auditors, and marketing.
Do not worry about layoffs, if losing your job is your purpose then it was ordained by Truist!
“Truist is a brand name representative of two mission- and purpose-driven companies coming together to serve our clients as a true financial partner,” said SunTrust Chief Executive Officer Bill Rogers, who will be president and chief operating officer of the combined company until he succeeds King as chief executive officer in September 2021. “As part of our relentless pursuit to create a better experience, we’re making a commitment to always look forward, pursue what’s next and strive to do more to further financial well-being for everyone.”
???
Mortgage/HELOC
Wut?