Triumph Financial (NASDAQ:TFIN) Announces Earnings Results, Misses Expectations By $0.10 EPS

Triumph Financial (NASDAQ:TFIN) announced its earnings results on Wednesday. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10), Zacks reports. Triumph Financial had a net margin of 4.47% and a return on equity of 2.64%.

Triumph Financial Stock Performance

Shares of NASDAQ TFIN opened at $91.97 on Thursday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. Triumph Financial has a 12 month low of $66.85 and a 12 month high of $110.58. The stock has a 50 day moving average of $96.15 and a 200-day moving average of $88.68. The company has a market capitalization of $2.15 billion, a P/E ratio of 117.91 and a beta of 1.24.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on TFIN shares. DA Davidson lifted their target price on Triumph Financial from $74.00 to $84.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. B. Riley restated a “neutral” rating and issued a $65.00 price target on shares of Triumph Financial in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to MarketBeat, Triumph Financial has a consensus rating of “Hold” and a consensus target price of $71.60.

Insider Transactions at Triumph Financial

In related news, CEO Aaron P. Graft sold 13,500 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the completion of the sale, the chief executive officer now directly owns 151,533 shares in the company, valued at $16,117,049.88. The trade was a 8.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 6.15% of the stock is currently owned by corporate insiders.

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.