Truist organic growth up sequentially to 7.7% in Q2 as Ebitda margin slips 200bps

Truist Financial’s insurance division grew organic revenue by 7.7 percent in the second quarter, down from 14.8 percent in a prior-year period that grew strongly from the Covid-19-impacted Q2 2020, but sequentially up from 7.2 percent in Q1 2022, while the unit’s adjusted Ebitda margin shrank by 200 basis points to 32.3 percent.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 77 4160 9204

    andy.stone@wbmediagroup.com