Triumph Financial (NASDAQ:TFIN) Issues Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Triumph Financial (NASDAQ:TFIN) posted its quarterly earnings results on Wednesday. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.10), Zacks reports. Triumph Financial had a net margin of 4.47% and a return on equity of 2.64%.

Triumph Financial Trading Up 0.8 %

NASDAQ TFIN opened at $91.97 on Thursday. The firm has a market cap of $2.15 billion, a P/E ratio of 117.91 and a beta of 1.24. 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 stock’s 50-day moving average is $96.15 and its 200-day moving average is $88.68. Triumph Financial has a one year low of $66.85 and a one year high of $110.58.

Insider Transactions at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the sale, the chief executive officer now owns 151,533 shares of the company’s stock, valued at $16,117,049.88. This trade represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.15% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. B. Riley reiterated a “neutral” rating and issued a $65.00 price target on shares of Triumph Financial in a report on Wednesday, October 2nd. DA Davidson raised their target price on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Based on data from MarketBeat.com, Triumph Financial has a consensus rating of “Hold” and an average price target of $71.60.

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.