Chuck Jones newest post about SunTruist:
Truist’s performance has become the Washington General’s of bank performance. Stock price is down 33% since the merger. They continue to underperform their peers and the market as a whole. While their dividend per share is adequate; the continued churn in leadership, lack of accountability, and Bill Rogers statement that he had to shock the system to get better performance shows this is a mediocre leadership team. The fact that executives are buying the stock as a “bottom feeder” raises more questions about this company. #BottomFeeder #WashingtonGenerals
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