Provided
April 29, 2021
Women now make up 53% of Shake Shack s overall workforce, and people of color make up 76%, according to the New York-based chain, which Thursday unveiled its annual Stand for Something Good Summary.
Focused on community support, diversity and inclusion, employee benefits and compensation as well as sustainability, the report included the following 2025 targets:
People of color will will make up 50% of the chain s leadership team (currently 34.7%) and 30% will hold roles home-office leadership roles (currently 19.6%).
The chain will have gender parity between men and women in Shack leadership (currently 23.7%) and home-office leadership roles (currently 49%). We re dedicated to doing the work it takes to be a company that values diversity, not only in our words, but in our actions, as we bring our mission to Stand For Something Good to life each and every day, Idris Stover, Shake Shack director of diversity, equity and inclusion, wrote Thursday in a b
The Best LGBTQ+-Friendly Companies That Are Hiring Now gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.
CHARLOTTE, N.C. Truist Financial Corporation has reported earnings for the first quarter of 2021.
Net income available to common shareholders was $1.3 billion, up 35.3 percent, compared to the first quarter last year. Earnings per diluted common share were 98 cents, an increase of 34.2 percent compared with the same period last year. Results for the first quarter produced an annualized return on average assets of 1.17 percent, an annualized return on average common shareholders’ equity of 8.69 percent and an annualized return on tangible common shareholders’ equity of 16.40 percent.
Adjusted net income available to common shareholders was $1.6 billion, or $1.18 per diluted share, excluding merger-related and restructuring charges of $141 million ($108 million after-tax), incremental operating expenses related to the merger of $175 million ($134 million after-tax) and an acceleration of loss recognition related to certain terminated cash flow hedges of $36 million ($28 million
Truist Reports First Quarter 2021 Results
Earnings of $1.3 billion, or $0.98 per diluted share
News provided by
Share this article
Share this article
CHARLOTTE, N.C., April 15, 2021 /PRNewswire/ Truist Financial Corporation (NYSE: TFC) today reported earnings for the first quarter of 2021.
Net income available to common shareholders was $1.3 billion, up 35.3 percent, compared to the first quarter last year. Earnings per diluted common share were $0.98, an increase of 34.2 percent compared with the same period last year. Results for the first quarter produced an annualized return on average assets (ROA) of 1.17 percent, an annualized return on average common shareholders equity (ROCE) of 8.69 percent and an annualized return on tangible common shareholders equity (ROTCE) of 16.40 percent.
Operator
Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation First Quarter 2021 Earnings Conference. As a reminder, this event is being recorded.
It is now my pleasure to introduce your host, Alan Greer of Investor Relations.
Alan Greer
Investor Relations Officer
Thank you, Katie, and good morning, everyone. We appreciate you joining our call today. We have our Chairman and Chief Executive Officer, Kelly King; President and COO, Bill Rogers; and CFO, Daryl Bible, who will highlight a number of strategic priorities and discuss Truist s first quarter 21 results. Chris Henson, Head of Banking and Insurance; and Clarke Starnes, our Chief Risk Officer, will also participate in the Q&A portion of our call.