David Hudson  Weaver net worth and biography

David Weaver Biography and Net Worth

David Weaver is responsible for all aspects of commercial banking including business banking, commercial banking, middle market banking, and regional commercial real estate through Truist's unique Community Bank model. He is also responsible for commercial deposit and loan products, the advisory teams covering capital markets originations and corporate finance, as well as the specialty industry verticals covering dealer commercial services, senior care, government/not-for-profit, association services, and government contracting. He is a member of Truist's executive leadership team.  

A 32-year veteran of the banking industry, Weaver assumed his current role in December 2019 upon the closing of the merger of equals between BB&T Corporation and SunTrust Banks Inc. Prior to that, he served as BB&T's president of community banking since 2017. He joined BB&T's Executive Management team in 2016 after being named community bank group executive in 2010. In that role, Weaver was responsible for nine regions in six states: North Carolina, Virginia, South Carolina, Tennessee, Alabama, and Pennsylvania. He was named regional president of BB&T's triangle region in 2005 after beginning his career with BB&T in 1995 as a business services officer.

Currently, Weaver serves as a board member of the Lineberger Cancer Center, Chapel Hill, North Carolina; on the executive committee at Wake Forest University Center for Private Business; and on the Executive Committee of the North Carolina Chamber of Commerce. He has served on the Executive Committee of the Dix Park Conservancy and on the advisory board of the Ronald McDonald House. He also has served as a board member of the Greater Raleigh Chamber of Commerce, trustee of Wake Education Partnership, board member of Communities in Schools of North Carolina, a community board advisor for the Junior League of Raleigh, an advisory board member for Five Points Capital, class agent and alumni council member of Ravenscroft School and as Wake County chairman of the United Way of the Greater Triangle.

Weaver earned his bachelor’s degree in business administration and an MBA from the University of North Carolina at Chapel Hill.

What is David Hudson Weaver's net worth?

The estimated net worth of David Hudson Weaver is at least $414,684.90 as of May 23rd, 2016. Mr. Weaver owns 10,674 shares of Truist Financial stock worth more than $414,685 as of April 24th. This net worth evaluation does not reflect any other investments that Mr. Weaver may own. Learn More about David Hudson Weaver's net worth.

How old is David Hudson Weaver?

Mr. Weaver is currently 57 years old. There are 6 older executives and no younger executives at Truist Financial. The oldest executive at Truist Financial is Mr. William Henry Rogers Jr., Executive Chairman & CEO, who is 66 years old. Learn More on David Hudson Weaver's age.

How do I contact David Hudson Weaver?

The corporate mailing address for Mr. Weaver and other Truist Financial executives is 214 NORTH TRYON STREET, CHARLOTTE NC, 28202. Truist Financial can also be reached via phone at (336) 733-2000 and via email at [email protected]. Learn More on David Hudson Weaver's contact information.

Has David Hudson Weaver been buying or selling shares of Truist Financial?

David Hudson Weaver has not been actively trading shares of Truist Financial in the last ninety days. Most recently, David Hudson Weaver sold 1,750 shares of the business's stock in a transaction on Wednesday, October 20th. The shares were sold at an average price of $63.05, for a transaction totalling $110,337.50. Learn More on David Hudson Weaver's trading history.

Who are Truist Financial's active insiders?

Truist Financial's insider roster includes Daryl Bible (CFO), K. Boyer, Jr. (Director), Scott Case (EVP), Hugh Cummins, III (Insider), Ellen Fitzsimmons (Sr. EVP), John Howard (Sr. EVP & Chief Insurance Officer ), Kelly King (Director), Ellen Koebler (Insider), Michael Maguire (EVP), Kimberly Moore-Wright (EVP), Charles Patton (Director), Cynthia Powell (VP), Nido Qubein (Director), David Ratcliffe (Director), William Rogers, Jr. (CEO), Brantley Standridge (EVP), Clarke Starnes, III (Insider), Joseph Thompson (EVP), Thomas Thompson (Director), Steven Voorhees (Director), David Weaver (EVP), and Dontá Wilson (VP). Learn More on Truist Financial's active insiders.

Are insiders buying or selling shares of Truist Financial?

During the last year, Truist Financial insiders bought shares 2 times. They purchased a total of 13,668 shares worth more than $350,192.00. During the last year, insiders at the insurance provider sold shares 1 times. They sold a total of 3,764 shares worth more than $141,074.72. The most recent insider tranaction occured on March, 7th when Director K. David Jr. Boyer sold 3,764 shares worth more than $141,074.72. Insiders at Truist Financial own 0.2% of the company. Learn More about insider trades at Truist Financial.

Information on this page was last updated on 3/7/2024.

David Hudson Weaver Insider Trading History at Truist Financial

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/20/2021Sell1,750$63.05$110,337.50View SEC Filing Icon  
8/19/2020Sell7,416$38.28$283,884.48View SEC Filing Icon  
7/25/2019Sell21,705$51.44$1,116,505.20View SEC Filing Icon  
8/16/2017Sell8,752$46.91$410,556.32View SEC Filing Icon  
8/25/2016Sell10,909$37.78$412,142.02View SEC Filing Icon  
5/23/2016Sell4,000$35.05$140,200.0010,674View SEC Filing Icon  
See Full Table

David Hudson Weaver Buying and Selling Activity at Truist Financial

This chart shows David Hudson Weaver's buying and selling at Truist Financial by year and by quarter.

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Truist Financial Company Overview

Truist Financial logo
Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company provides funding; asset management; automobile lending; credit card lending; consumer finance; home equity and mortgage lending; other direct retail lending; insurance; investment brokerage; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; small business lending; and wealth management/private banking services. In addition, it offers asset based lending, investment banking and capital market, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, merchant, commercial deposit and treasury, floor plan, mortgage warehouse lending, real estate lending, and supply chain financing services. Further, the company provides insurance brokerage, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment management and advisory services. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
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Today's Range

Now: $38.87
Low: $38.41
High: $39.21

50 Day Range

MA: $36.76
Low: $34.53
High: $38.98

2 Week Range

Now: $38.87
Low: $25.56
High: $39.29

Volume

1,536,270 shs

Average Volume

9,620,659 shs

Market Capitalization

$51.88 billion

P/E Ratio

N/A

Dividend Yield

5.47%

Beta

1.08