Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States. The company operates through Banking, Factoring, and Corporate segments. It offers depository products, including checking, savings, and money market accounts, as well as certificates of deposit; and commercial and industrial loans, loans to purchase capital equipment, and business loans for working capital and operational purposes. The company also provides asset-based, and equipment and premium finance loans; real estate loans to finance commercial properties; factoring services to the transportation and non-transportation sectors; agriculture loans; commercial construction, land, and land development loans; mortgage warehouse loans; residential real estate loans; and consumer loans. In addition, it offers debit cards; electronic banking, trust, and treasury management services; and insurance brokerage services. As of December 31, 2018, the company operated through a network of 10 branches in the Quad Cities Metropolitan Area of Iowa and Illinois; 8 branches in central and northwestern Illinois; 7 branches in southern Colorado; 3 branches in New Mexico; 30 branches in Colorado; 2 branches in far western Kansas; and loan production offices in Littleton, Colorado Springs, Durango, and Lee's Summit. Triumph Bancorp, Inc. is headquartered in Dallas, Texas.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone214-365-6900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$285.95 million
Profitability
Miscellaneous
Employees1,122
Next Earnings Date7/17/2019 (Estimated)
OptionableNot Optionable
Triumph Bancorp (NASDAQ:TBK) Frequently Asked Questions
What is Triumph Bancorp's stock symbol?
Triumph Bancorp trades on the NASDAQ under the ticker symbol "TBK."
How were Triumph Bancorp's earnings last quarter?
Triumph Bancorp Inc (NASDAQ:TBK) posted its earnings results on Wednesday, April, 17th. The financial services provider reported $0.55 EPS for the quarter, topping the Zacks' consensus estimate of $0.52 by $0.03. The financial services provider earned $68.85 million during the quarter, compared to analyst estimates of $70.32 million. Triumph Bancorp had a return on equity of 9.61% and a net margin of 17.70%. During the same quarter last year, the company earned $0.52 EPS. View Triumph Bancorp's Earnings History.
When is Triumph Bancorp's next earnings date?
What price target have analysts set for TBK?
5 brokerages have issued 12 month target prices for Triumph Bancorp's shares. Their forecasts range from $33.00 to $52.00. On average, they anticipate Triumph Bancorp's share price to reach $41.25 in the next year. This suggests a possible upside of 35.4% from the stock's current price. View Analyst Price Targets for Triumph Bancorp.
What is the consensus analysts' recommendation for Triumph Bancorp?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Triumph Bancorp in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Triumph Bancorp.
What are Wall Street analysts saying about Triumph Bancorp stock?
Here are some recent quotes from research analysts about Triumph Bancorp stock:
- 1. Stephens analysts commented, "We’re moderating our outlook and our revised price target of $34 (was $38), which represents a 12x multiple on our updated 2020 EPS estimate of $2.86 (previous estimate of $3.16). Our rating is Overweight. KEY EPS Miss; Lowering Our EPS Forecasts. TBK reported GAAP EPS of $0.55. Excluding $400K in non-operating income, we calculate operating EPS of $0.54, above consensus forecast of $0.53. The EPS beat was driven by better-than-expected LLP expense (+0.03 to EPS) and partially offset by an elevated tax rate (-$0.01 to EPS). TBK reported PPNR of $19.9 million, below consensus forecast of $20.6 million. While 1Q19 results were driven by the soft revenue (due to loan growth and NIM compression), we partially attribute this to seasonality that should see improving trends throughout 2019." (4/18/2019)
- 2. According to Zacks Investment Research, "Triumph Bancorp Inc. is a financial holding company with a diversified line of community banking, commercial finance and asset management activities. It serves its local communities through its two wholly owned bank subsidiaries, Triumph Savings Bank, SSB and Triumph Community Bank, N.A. These operations include a full suite of lending and depository products and services focused on meeting the needs of its customers in its community banking markets. It serves a broad national customer base through its commercial finance brands, which include discount factoring through Triumph Business Capital, equipment lending and general asset based lending through Triumph Commercial Finance, healthcare asset based lending through Triumph Healthcare Finance, commercial insurance through Triumph Insurance Group, institutional asset management services through Triumph Capital Advisors. Triumph Bancorp Inc. is headquartered in Dallas, Texas. " (4/11/2019)
Has Triumph Bancorp been receiving favorable news coverage?
Media headlines about TBK stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Triumph Bancorp earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the stock's share price in the near future.
Who are some of Triumph Bancorp's key competitors?
Some companies that are related to Triumph Bancorp include Home Bancshares (HOMB), Texas Capital Bancshares (TCBI), Investors Bancorp (ISBC), CVB Financial (CVBF), Chemical Financial (CHFC), Cathay General Bancorp (CATY), Union Bankshares (UBSH), Independent Bank (INDB), International Bancshares (IBOC), Columbia Banking System (COLB), Bancorpsouth Bank (BXS), South State (SSB), First Interstate Bancsystem (FIBK), Independent Bank Group (IBTX) and First Bancorp (FBP).
What other stocks do shareholders of Triumph Bancorp own?
Who are Triumph Bancorp's key executives?
Triumph Bancorp's management team includes the folowing people:
- Mr. Aaron P. Graft, Pres, CEO & Vice Chairman (Age 41)
- Mr. R. Bryce Fowler, Exec. VP, CFO & Treasurer (Age 65)
- Mr. Adam D. Nelson, Exec. VP & Gen. Counsel (Age 41)
- Ms. Gail Lehmann, Exec. VP & Sec. (Age 61)
- Mr. Luke Wyse, Sr. VP of Fin. & Investor Relations
Who are Triumph Bancorp's major shareholders?
Triumph Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.71%), Wellington Management Group LLP (9.85%), Mendon Capital Advisors Corp (5.86%), Dimensional Fund Advisors LP (3.76%), Hodges Capital Management Inc. (2.92%) and Loomis Sayles & Co. L P (1.76%). Company insiders that own Triumph Bancorp stock include Aaron P Graft, Adam D Nelson, C Todd Sparks, Charles A Anderson, Daniel J Karas, Justin N Trail, Maribess L Miller, Michael P Rafferty and Richard Loren Davis. View Institutional Ownership Trends for Triumph Bancorp.
Which major investors are selling Triumph Bancorp stock?
TBK stock was sold by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Emerald Mutual Fund Advisers Trust, Monarch Partners Asset Management LLC, Morgan Stanley, Renaissance Technologies LLC, Hodges Capital Management Inc., Loomis Sayles & Co. L P and Peregrine Capital Management LLC. Company insiders that have sold Triumph Bancorp company stock in the last year include Aaron P Graft, Adam D Nelson and Daniel J Karas. View Insider Buying and Selling for Triumph Bancorp.
Which major investors are buying Triumph Bancorp stock?
TBK stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Mendon Capital Advisors Corp, Dimensional Fund Advisors LP, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, BlackRock Inc., State of Wisconsin Investment Board and Banc Funds Co. LLC. Company insiders that have bought Triumph Bancorp stock in the last two years include C Todd Sparks, Charles A Anderson, Justin N Trail, Maribess L Miller, Michael P Rafferty and Richard Loren Davis. View Insider Buying and Selling for Triumph Bancorp.
How do I buy shares of Triumph Bancorp?
Shares of TBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Triumph Bancorp's stock price today?
One share of TBK stock can currently be purchased for approximately $30.46.
How big of a company is Triumph Bancorp?
Triumph Bancorp has a market capitalization of $813.28 million and generates $285.95 million in revenue each year. The financial services provider earns $51.70 million in net income (profit) each year or $2.21 on an earnings per share basis. Triumph Bancorp employs 1,122 workers across the globe.
What is Triumph Bancorp's official website?
How can I contact Triumph Bancorp?
Triumph Bancorp's mailing address is 12700 PARK CENTRAL DRIVE SUITE 1700, DALLAS TX, 75251. The financial services provider can be reached via phone at 214-365-6900 or via email at [email protected]
MarketBeat Community Rating for Triumph Bancorp (NASDAQ TBK)
MarketBeat's community ratings are surveys of what our community members think about Triumph Bancorp and other stocks. Vote "Outperform" if you believe TBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
