Triumph Financial (NASDAQ:TFIN) Announces Earnings Results, Misses Estimates By $0.02 EPS

Triumph Financial (NASDAQ:TFIN) announced its quarterly earnings data on Wednesday. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02), Zacks reports. Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. The business had revenue of $101.57 million during the quarter, compared to the consensus estimate of $104.49 million. During the same period last year, the company earned $0.14 EPS.

Triumph Financial Trading Down 2.7 %

NASDAQ TFIN opened at $48.62 on Friday. Triumph Financial has a one year low of $42.90 and a one year high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 90.04 and a beta of 1.18. The company’s 50-day simple moving average is $61.22 and its two-hundred day simple moving average is $80.30.

Wall Street Analyst Weigh In

TFIN has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods upgraded shares of Triumph Financial from an “underperform” rating to a “market perform” rating and cut their price target for the stock from $80.00 to $74.00 in a report on Thursday, February 27th. Stephens restated an “equal weight” rating and issued a $109.00 target price on shares of Triumph Financial in a research note on Thursday, January 23rd. Finally, DA Davidson decreased their price target on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $79.00.

About Triumph Financial

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.