Triumph Financial (NASDAQ:TFIN) Releases Earnings Results, Misses Expectations By $0.02 EPS

Triumph Financial (NASDAQ:TFIN - Get Free Report) posted its earnings results 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 return on equity of 1.93% and a net margin of 3.30%. The company had revenue of $101.57 million for the quarter, compared to analyst estimates of $104.49 million. During the same period last year, the business earned $0.14 earnings per share.

Triumph Financial Price Performance

Triumph Financial stock traded down $1.90 during midday trading on Monday, reaching $46.72. The company had a trading volume of 554,679 shares, compared to its average volume of 164,532. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. Triumph Financial has a 12-month low of $42.90 and a 12-month high of $110.58. The company has a market capitalization of $1.09 billion, a P/E ratio of 86.52 and a beta of 1.18. The firm's fifty day simple moving average is $60.66 and its 200-day simple moving average is $80.18.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TFIN. DA Davidson decreased their target price on shares of Triumph Financial from $68.00 to $56.00 and set a "neutral" rating for the company in a research note on Monday. Keefe, Bruyette & Woods lowered their target price on shares of Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a research note on Monday. Finally, Stephens restated an "equal weight" rating and issued a $109.00 price target on shares of Triumph Financial in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $70.20.

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.