Shutthiphong Chandaeng/iStock via Getty Images Shares of super regional bank Truist Financial Corporation (NYSE:TFC) are trading near their 52-week high after posting a strong 2Q24, as expectations for a Fed rate cut in September increase. The bank sold its remaining 80% stake in Truist Insurance Holdings (TIH) in May 2024 and executed a concurrent balance sheet repositioning to boost its capital adequacy ratios. With a 4.7% yield despite an approximate 25% rally since first announcing the TIH sale in Febru ...