Bill and his Board of Bandits continue to throw things against the wall hoping something will stick to get share price up.
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@2jc and still left money on the table
@2va true productivity gains will start Monday. Make sure to suit up, show up, and shut up.
But wait!
Shouldn’t stock have gone up with the productivity gains from the Draconian RTO mandates Billy put in place?
the insurance sale has fixed some serious balance sheet issues. Truist was able to offload bonds at ~2.5% and get some paying double that. Spring should be an economic bloodbath for the U.S.
Truist is actually positioned to weather it better than any other top ten bank in terms of Liquidity Coverage Ratio.
Also sold the insurance unit at a market high.
Teammates, once again I’m having to buy back stock at the end of the year in a last ditch effort to boost the stock price so I get my big fat bonus.
I’m getting tired of saying this, but it’s time to play offense! Now get your act together. I’ve hired the best Wells and JP Morgan leaders money can buy, so no more excuses. Get it done and do it with unwavering care and purpose.
This was implemented early in the year and has been in progress since without seeing ANY lift in stock price. It’s probably one of the biggest corporate squanderings I’ve ever witnessed. When it’s done and no value has been reached maybe the board will grow a pair and do its job? Change now!
The money from sale of insurance will be depleted when this is done. Need to get some real growth and stop losing clients.
Publicly traded companies being beholden to share prices instead of good business decisions is hilarious. Stock prices are so detached from reality it basically doesn't matter anymore.