Truist names Shirley Morejon as Tennessee regional president

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Reviewed by
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Key Highlights
  • Shirley Morejon appointed Truist regional president of Tennessee
  • Replaces Johnny Moore, who moves to head commercial banking integration
  • Morejon brings over 20 years of experience from Bank of America
  • Previously led mid-South region covering TN, AL, KY and MS
  • Supports clients generating $50 million to $2 billion in revenue
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Truist Financial Corporation (NYSE: TFC) named Shirley Morejon as regional president of Tennessee on Aug. 24, 2026. The appointment targets a fast-growing and increasingly competitive market.

Morejon replaces Johnny Moore, who was recently named head of commercial banking integration. Moore will focus on strengthening and scaling partnerships across Truist’s commercial banking, wealth management and wholesale payments businesses.

Leadership Profile

Morejon brings more than 20 years of banking leadership across commercial banking, treasury management and relationship management. She will grow and deepen client relationships in Tennessee while supporting teammates and communities across the state.

Jodie Hughes, Truist Head of Commercial Banking, described Morejon as a purposeful leader with a strong record of building teams and serving clients. Hughes noted that Morejon’s client-first leadership style and deep knowledge of the Southeastern market position her well to lead the Tennessee team.

Prior Experience

Previously, Morejon served as Bank of America’s market executive for the mid-South region. She led a team of middle market commercial bankers across Tennessee, Alabama, Kentucky and Mississippi.

Her team partnered with companies generating $50 million to $2 billion in annual revenue. They delivered commercial banking, treasury management, investment banking, capital markets and international banking solutions.

Community Engagement

Morejon is a longtime advocate for mentorship and talent development. She previously led a Hispanic/Latino employee resource group supporting more than 20,000 employees.

She was honored as a 2026 Nashville Business Journal Women of Influence and a 2022 Tampa Bay Business Journal Businesswoman of the Year. Based in Nashville, she actively supports several local organizations:

  • Nashville Area Chamber of Commerce
  • Nashville Impact100, a women-led philanthropic group
  • Advancing Women in Nashville (AWIN)
  • Children’s Cancer Center, where she previously served as board chair

About Truist

Truist’s commercial and middle market banking business is part of the wholesale banking segment. It provides comprehensive solutions to commercial, corporate, institutional and high-net-worth clients through regional coverage and industry-focused teams.

Headquartered in Charlotte, North Carolina, Truist has total assets of $556 billion as of June 30, 2026. It is a top-10 commercial bank offering products through wholesale and consumer businesses.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might Shirley Morejon's background in the mid-South region influence Truist's strategy to capture market share from competitors in Tennessee?

What specific growth targets or key performance indicators has Truist set for the Tennessee region under Morejon's new leadership?

How will Johnny Moore's transition to head of commercial banking integration impact the operational synergy between Truist's commercial banking and wealth management divisions?

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Truist Financial declares $0.52 common dividend

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Reviewed by
Suketu GScanX News Team
Key Highlights

Truist Financial Corporation announced a $0.52 per share quarterly cash dividend for common stockholders, payable September 1, 2026. The Board also declared dividends for seven series of preferred stock, with payments scheduled for September 1 and September 15, 2026. Specific record dates and dividend amounts vary by series, with Series S reflecting an initial dividend period from its May 15, 2026 issuance.

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Truist Financial Corporation declared a regular quarterly cash dividend of $0.52 per common share on July 28, 2026. The dividend is payable on September 1, 2026, to shareholders of record at the close of business on August 14, 2026. This declaration maintains the company’s ongoing commitment to returning capital to common shareholders through its established quarterly distribution schedule.

The Board of Directors also declared regular cash dividends on seven series of preferred stock. These distributions vary by series in terms of amount per share and payment timing, reflecting the specific terms of each preferred equity issuance.

Preferred Stock Dividends

The following table details the dividends declared for each series of preferred stock, including the dividend per share, dividend per depositary share, record date, and payment date.

Series Dividend per Share Dividend per Depositary Share Record Date Payment Date
Series I Non-Cumulative Perpetual Preferred Stock $1,138.74533 $0.28469 Aug. 14 Sep. 15
Series J Non-Cumulative Perpetual Preferred Stock $1,168.13422 $11.68134 Aug. 14 Sep. 15
Series N Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock $833.625 $33.345 Aug. 14 Sep. 1
Series O Non-Cumulative Perpetual Preferred Stock $328.125 $0.328125 Aug. 14 Sep. 1
Series Q Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock $637.50 $25.50 Aug. 14 Sep. 1
Series R Non-Cumulative Perpetual Preferred Stock $296.875 $0.296875 Aug. 14 Sep. 1
Series S Non-Cumulative Perpetual Preferred Stock $520.83333 $20.83333 Aug. 17 Sep. 15

Key Details and Exceptions

Several important details apply to these preferred stock dividends. For Series I, Series J, and Series S, the dividends per share and per depositary share are rounded to the hundred-thousandths position for reader convenience.

For Series J, the record date for Preferred Purchase Securities representing fractional interests in shares is August 31, 2026, in accordance with the Amended and Restated Declaration of Trust of SunTrust Preferred Capital I.

Dividends for Series N and Series Q are declared and paid semiannually.

The dividend for Series S reflects the initial dividend period that began on May 15, 2026, the original issuance date, and ends immediately prior to the September 15, 2026 payment date. For a regular quarterly dividend period prior to the first reset date, dividends on Series S would be $390.625 per share and $15.625 per depositary share.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might the maintenance of the $0.52 common dividend impact Truist's payout ratio and future capital allocation strategies amid current interest rate environments?

What does the semiannual payment structure for Series N and Q preferred stocks suggest about Truist's liquidity management compared to its quarterly common dividend obligations?

Given the initial dividend period for Series S, how will the upcoming reset date affect the yield attractiveness for new investors in this specific preferred equity series?

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