Triumph Financial (NYSE:TFIN) Announces Quarterly Earnings Results, Misses Estimates By $0.08 EPS

Key Points

• Triumph Financial reported quarterly EPS of $0.52, missing the analyst consensus of $0.60 by $0.08. Revenue reached $125.67 million, exceeding estimates of $123.11 million.
• The stock fell 0.3% to $62.02 following the results. Triumph Financial has a $1.48 billion market capitalization, a 41.91 price-to-earnings ratio, and a 52-week range of $49.27 to $83.52.
• Analysts maintain a generally neutral outlook, with two Buy ratings and five Holds and an average price target of $84.80. Several firms raised their targets, while Zacks Research downgraded the stock to Hold.

Triumph Financial (NYSE:TFIN - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by ($0.08), FiscalAI reports. Triumph Financial had a net margin of 7.17% and a return on equity of 4.69%. The firm had revenue of $125.67 million for the quarter, compared to analyst estimates of $123.11 million.

Triumph Financial Stock Down 0.3%

TFIN traded down $0.20 during trading on Wednesday, hitting $62.02. The company had a trading volume of 280,569 shares, compared to its average volume of 249,685. The company has a market capitalization of $1.48 billion, a PE ratio of 41.91 and a beta of 1.53. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.05. Triumph Financial has a one year low of $49.27 and a one year high of $83.52. The firm's 50-day moving average price is $66.75 and its 200 day moving average price is $69.61.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on TFIN shares. Stephens lifted their price target on shares of Triumph Financial from $82.00 to $88.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 23rd. DA Davidson upped their price objective on shares of Triumph Financial from $65.00 to $82.00 and gave the company a "neutral" rating in a research report on Wednesday, July 29th. Zacks Research downgraded Triumph Financial from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 28th. Keefe, Bruyette & Woods raised their price objective on Triumph Financial from $78.00 to $88.00 and gave the stock a "market perform" rating in a research note on Thursday, July 23rd. Finally, B. Riley Financial upgraded Triumph Financial from a "neutral" rating to a "buy" rating and set a $82.00 target price on the stock in a report on Friday, October 2nd. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $84.80.

Insider Transactions at Triumph Financial

In other Triumph Financial news, EVP Edward Schreyer sold 2,900 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $73.75, for a total transaction of $213,875.00. Following the completion of the transaction, the executive vice president owned 15,534 shares in the company, valued at approximately $1,145,632.50. This represents a 15.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Adam Nelson sold 3,750 shares of Triumph Financial stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $79.05, for a total value of $296,437.50. Following the completion of the sale, the executive vice president directly owned 23,755 shares in the company, valued at $1,877,832.75. This represents a 13.63% decrease in their position. The SEC filing for this sale provides additional information. 5.51% of the stock is currently owned by corporate insiders.

Triumph Financial Company Profile

Triumph Financial, Inc is a financial holding company headquartered in Dallas, Texas, that provides banking, payments and financial services designed primarily for businesses and professionals in the transportation industry. The company operates through a technology-focused model that combines traditional banking capabilities with specialized payments and working-capital solutions.

Its offerings include commercial banking products, accounts and lending services, as well as transportation-focused invoice factoring through Triumph Business Capital.

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