Truist Financial Corp.'s (NYSE:TFC) chief executive officer said the company is "always evaluating alternatives" for its insurance operation, including a potential sale of the remaining 80% stake it owns. "I think we've said pretty clearly that the insurance business creates a capital opportunity for us and then like outlined that in a lot of specificity," Rogers said. "We've said clearly that we're always evaluating alternatives and we're going to do the best thing for the insurance business and the best thing for Truist going forward".

Shares of Truist Financial Corp. were trading at $37.47 on the afternoon of Jan. 19, 2024 up 4.14% from the previous close.