Truist Q2 Profit Hits $1.2 Billion @Themotleyfool #Stocks $TFC
Summary by The Charlotte Observer
2 Articles
2 Articles
Truist Q2 Profit Hits $1.2 Billion @themotleyfool #stocks $TFC
·Alexandria, United States
Read Full ArticleTruist posts slight profit gain as bank adjusts to post-insurance era
Truist reported $1.18 billion in second-quarter net income — up 42% year-over-year but just 1.7% from Q1 — as it adjusts to life without Truist Insurance Holdings. Fee income rose slightly and wealth management is now its top fee generator. The bank spent $750M on share buybacks and added 467 employees.
·Charlotte, United States
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Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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