TFC - Public offerings

Sale of TIH creates a capital advantage and capacity for growth CHARLOTTE, N.C., May 7, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced the completion of the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage in the United States, to an investor group led by private equity firms Stone Point Capital, Clayton, Dubilier & Rice, Mubadala Investment Company and other co-investors. "We are pleased to have completed the sale of TIH, and we look forward to maintaining a strong partnership wi

Sale will strengthen Truist's balance sheet and enhances strategic flexibility to invest in core banking franchise Positions Truist Insurance Holdings for continued growth in rapidly evolving insurance brokerage market Truist to host investor call at 8 a.m. today, Feb. 20, 2024 CHARLOTTE, N.C., GREENWICH, C.T. and NEW YORK, Feb. 20, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that it has reached a definitive agreement to sell its remaining stake in Truist Insurance Holdings ("TIH"), a subsidiary of Truist and the fifth largest insurance brokerage in the United States, to an investor group led by private equity firms Stone Point Capital ("Stone Point") and Cla