What do you all think
Does Truist split it self into a bank and an insurance company ?
Or does it sale the bank?
Insurance companies fe the higher multiples than banks …
3 replies (most recent on top)
Keep in mind, they are an Insurance Agency not an Insurance Company. Big difference.
Really … just think of all the merger and change of control bonuses they could get…
Truist is a financial corporation. It makes tons of money from insurance. It would never split.