Triumph Financial (NYSE:TFIN) Issues Earnings Results

Triumph Financial (NYSE:TFIN) announced its quarterly earnings data on Monday. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.48, Zacks reports. Triumph Financial had a net margin of 4.89% and a return on equity of 3.53%. The business had revenue of $120.08 million during the quarter, compared to the consensus estimate of $111.21 million.

Triumph Financial Trading Down 6.8%

NYSE TFIN opened at $65.75 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $1.56 billion, a P/E ratio of 70.70 and a beta of 1.48. Triumph Financial has a 1-year low of $42.90 and a 1-year high of $79.86. The firm’s 50 day moving average is $63.35.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TFIN shares. B. Riley cut shares of Triumph Financial from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a research note on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Triumph Financial in a report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Triumph Financial from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $70.00.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.