V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough
Banking

Truist Financial Executive Compensation (FY25)

TFC · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 1, 2026
219 figures on this page: 212 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Total compensation for William Rogers, Chairman and Chief Executive Officer, came to $14,313,770 in fiscal 2025, and Rogers' total moved 2.6% higher from the $13,951,543 reported for fiscal 2024. The company reported a chief executive pay ratio of 137:1 for fiscal 2025, against median employee compensation of $104,397. For fiscal 2025, shareholders backed the say-on-pay proposal with 91.5% of votes cast for or against in favor at the meeting held April 28, 2026. The disclosed peer group names Bank of America, Citizens Financial, JPMorgan Chase, Key Corp and M&T, among others.
Chief executive, fiscal 2025
◇
William Rogers
Median of the other named officers
$6,287,512
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 28, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — William Rogers: $13,951,543 → $14,313,770 (2.6% higher)
Say-on-pay support: 59.5% → 91.5% (32.0 points higher)
CEO pay ratio: 149:1 → 137:1 (8.1% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Truist Financial's chief executive and what were they paid?
Total compensation for William Rogers, Chairman and Chief Executive Officer, came to $14,313,770 in fiscal 2025. Rogers' total moved 2.6% higher from the $13,951,543 reported for fiscal 2024.
What was Truist Financial's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 91.5% of votes cast for or against in favor at the meeting held April 28, 2026.
Which companies are in Truist Financial's peer group?
The disclosed peer group names Bank of America, Citizens Financial, JPMorgan Chase, Key Corp and M&T, among others.
What is Truist Financial's chief executive pay ratio?
The company reported a chief executive pay ratio of 137:1 for fiscal 2025, against median employee compensation of $104,397.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dontá Wilson
Senior Executive Vice President and Chief Consumer & Small Business Banking Officer
◇—◇—◇—◇◇
Michael B. Maguire
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John M. Howard
Senior Executive Vice President and Head of Insurance Holdings
◇—◇—◇◇◇◇
Dontá Wilson
Senior Executive Vice President and Chief Consumer & Small Business Banking Officer
◇—◇—◇◇◇◇
Michael B. Maguire
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kristin Lesher
Senior Executive Vice President and Chief Wholesale Banking Officer
◇◇◇—◇—◇◇
William Rogers
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Dont Wilson
Senior Executive Vice President and Chief Consumer and Small Business Banking Officer
◇—◇—◇◇◇◇
Michael Maguire
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Hugh Cummins III
Former Vice Chair and Chief Operating Officer
Departed during or after this year
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Rogers
Chairman and Chief Executive Officer
◇—◇—◇◇◇◇
Hugh Cummins III
Former Vice Chair and Chief Operating Officer
Departed during or after this year
◇————◇◇◇
Kristin Lesher
Senior Executive Vice President and Chief Wholesale Banking Officer
◇—◇—◇◇◇◇
Dont Wilson
Senior Executive Vice President and Chief Consumer and Small Business Banking Officer
◇◇◇—◇◇◇◇
Michael Maguire
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Bradley Bender
Senior Executive Vice President and Chief Risk Officer
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Michael B. MaguireRSU◇——◇——◇
Michael B. MaguirePSU◇◇◇—◇—◇
Michael B. MaguireRSU◇——◇——◇
Michael B. MaguirePSU◇◇◇—◇—◇
William H. Rogers Jr.RSU◇——◇——◇
William H. Rogers Jr.PSU◇◇◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael MaguireRSU◇◇——
PSU◇◇——
William RogersRSU◇◇——
PSU◇◇——
Hugh CumminsPSU◇◇——
RSU◇◇——
Bradley BenderRSU◇◇——
PSU◇◇——
Kristin LesherRSU◇◇——
PSU◇◇——
Dontá WilsonRSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas E. Skains
Lead independent director
◇◇———◇◇
Donna S. Morea
◇◇————◇
Steven C. Voorhees
◇◇———◇◇
Dallas S. Clement
◇◇———◇◇
Agnes Bundy Scanlan
◇◇———◇◇
Charles A. Patton
◇◇————◇
Laurence Stein
◇◇————◇
K. David Boyer, Jr
◇◇————◇
Bruce L. Tanner
◇◇————◇
Jennifer S. Banner
◇◇————◇
Linnie M. Haynesworth
◇◇————◇
Jonathan M. Pruzan
◇◇————◇
William H. Rogers, Jr served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x the average annual cash retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • Bank of America BAC
  • Citizens Financial CFG
  • JPMorgan Chase JPM
  • Key Corp KEY
  • M&T MTB
  • PNC Financial PNC
  • Regions RF
  • U.S. Bancorp USB

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 28, 2026=◇◇◇
2024April 29, 2025=◇◇◇
2023April 23, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2021April 26, 2022=◇◇◇
2020April 27, 2021=◇◇◇
2019April 28, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Email me this page as a cited PDF
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when Truist Financial files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Truist Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Truist Financial sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for a Velarion Pro seat
Full platform access for one person: every industry we cover, peer positioning, and the written analysis. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.
Join the list for Peer Group Review
Whether Truist Financial's disclosed peer group is defensible, who names Truist Financial back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
219 figures on this page: 212 cited to the filing that reported them, 7 calculated from figures it prints.
212 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001193125-26-201455
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-107144
    2025 Director Compensation Table · 2025 Grants of Plan-Based Awards · 2025 Outstanding Equity Awards at Fiscal Year-End · 2025 Summary Compensation Table · and 2 more sections
  3. 0000092230-25-000055
  4. 0001193125-25-055156
    2024 Summary Compensation Table
  5. 0000092230-24-000018
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-064251
    2023 Summary Compensation Table
  7. 0000092230-23-000044
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-068395
    Summary Compensation Table
  9. 0000092230-22-000054
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000092230-21-000041
  11. 0001193125-20-126565
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Truist Financial executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TFC (accessed 2026).
Short form: data: Velarion
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Truist Financial and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers Truist Financial discloses

The companies named in TFC's own disclosed peer group.

Bank of AmericaCitizens FinancialJPMorgan ChaseKey CorpM&TPNC FinancialRegionsU.S. Bancorp

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy