Triumph Financial (NASDAQ:TFIN) Issues Earnings Results

Triumph Financial (NASDAQ:TFIN - Get Free Report) issued its earnings results on Wednesday. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates 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 firm had revenue of $101.57 million for the quarter, compared to the consensus estimate of $104.49 million. During the same period last year, the firm earned $0.14 earnings per share.

Triumph Financial Stock Performance

NASDAQ TFIN traded down $1.90 during mid-day trading on Monday, reaching $46.72. 554,679 shares of the stock were exchanged, compared to its average volume of 164,532. The business's 50 day moving average is $60.66 and its 200-day moving average is $80.18. The company has a market capitalization of $1.09 billion, a P/E ratio of 86.52 and a beta of 1.18. Triumph Financial has a 1 year low of $42.90 and a 1 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.

Analysts Set New Price Targets

TFIN has been the topic of several research reports. Stephens reissued an "equal weight" rating and set a $109.00 price objective on shares of Triumph Financial in a report on Thursday, January 23rd. DA Davidson dropped their price objective on shares of Triumph Financial from $68.00 to $56.00 and set a "neutral" rating on the stock in a report on Monday. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Triumph Financial from $68.00 to $56.00 and set a "market perform" rating for the company in a research report on Monday. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, Triumph Financial has a consensus rating of "Hold" and a consensus target price 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.