Triumph Financial (NASDAQ:TFIN) Issues Quarterly Earnings Results

Triumph Financial (NASDAQ:TFIN) announced its quarterly earnings results on Wednesday. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10), Zacks reports. Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%.

Triumph Financial Stock Performance

Shares of TFIN opened at $78.86 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.99. The firm’s 50 day moving average is $96.15 and its 200-day moving average is $88.68. Triumph Financial has a 12-month low of $66.85 and a 12-month high of $110.58. The stock has a market capitalization of $1.84 billion, a P/E ratio of 146.04 and a beta of 1.24.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TFIN. DA Davidson increased their target price on shares of Triumph Financial from $74.00 to $84.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. Stephens reiterated an “equal weight” rating and issued a $109.00 price objective on shares of Triumph Financial in a report on Thursday. Finally, B. Riley reissued a “neutral” rating and set a $65.00 target price on shares of Triumph Financial in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $78.60.

Insider Activity at Triumph Financial

In other Triumph Financial news, CEO Aaron P. Graft sold 13,500 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the transaction, the chief executive officer now owns 151,533 shares of the company’s stock, valued at approximately $16,117,049.88. This represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 6.15% of the company’s stock.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.