Truist Insurance posts blow-out 15% organic growth in Q2
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Truist Insurance posts blow-out 15% organic growth in Q2

James Thaler
July 15, 2021
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The insurance operations of North Carolina-headquartered bank Truist posted 15% organic growth for Q2, and grew Ebitda margins by 380 bps, in a result that is a possible bellwether for the brokerage sector in the coming weeks.

Total revenue in the three months to June jumped by $98mn to $719mn, driven by higher GDP growth and what the firm characterized as “continued hard market conditions”.

Truist

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Truist Brokers News Earnings
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James Thaler
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