Media headlines about Triumph Bancorp (NASDAQ:TBK) have been trending positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Triumph Bancorp earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.7303842124895 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- FY2018 Earnings Estimate for Triumph Bancorp, Inc. (TBK) Issued By B. Riley (americanbankingnews.com)
- Triumph Bancorp (TBK) Scheduled to Post Quarterly Earnings on Monday (americanbankingnews.com)
- Analysts Anticipate Triumph Bancorp, Inc. (TBK) Will Post Quarterly Sales of $48.74 Million (americanbankingnews.com)
- Triumph Bancorp (TBK) Rating Increased to Strong-Buy at Zacks Investment Research (americanbankingnews.com)
- Q1 2018 Earnings Estimate for Triumph Bancorp, Inc. Issued By B. Riley (TBK) (americanbankingnews.com)
Triumph Bancorp (NASDAQ:TBK) opened at $35.10 on Wednesday. Triumph Bancorp has a 1-year low of $20.50 and a 1-year high of $36.25. The firm has a market capitalization of $738.10, a price-to-earnings ratio of 18.87, a PEG ratio of 1.39 and a beta of 0.81. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.01 and a quick ratio of 1.01.
Triumph Bancorp (NASDAQ:TBK) last released its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.02. Triumph Bancorp had a return on equity of 8.40% and a net margin of 17.59%. The company had revenue of $43.68 million during the quarter, compared to analysts’ expectations of $44.66 million. equities research analysts anticipate that Triumph Bancorp will post 1.47 EPS for the current year.
Several equities analysts recently issued reports on TBK shares. BidaskClub cut Triumph Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Zacks Investment Research cut Triumph Bancorp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 20th. Wells Fargo & Co set a $35.00 price target on Triumph Bancorp and gave the stock a “buy” rating in a report on Friday, October 20th. Piper Jaffray Companies cut Triumph Bancorp from an “overweight” rating to a “neutral” rating and set a $34.00 price target for the company. in a report on Friday, October 6th. Finally, DA Davidson reissued a “buy” rating and issued a $36.00 price target on shares of Triumph Bancorp in a report on Friday, October 20th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Triumph Bancorp currently has a consensus rating of “Buy” and an average price target of $35.86.
In other Triumph Bancorp news, Director Maribess L. Miller acquired 5,504 shares of the stock in a transaction dated Wednesday, November 15th. The stock was acquired at an average price of $29.77 per share, with a total value of $163,854.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders bought 6,504 shares of company stock valued at $195,094. Insiders own 12.35% of the company’s stock.
About Triumph Bancorp
Triumph Bancorp, Inc is a financial holding company. Through its bank subsidiary, TBK Bank, SSB (TBK Bank), the Company offers traditional banking services, as well as commercial finance products. The Company operates through four segments: Banking, Factoring, Asset Management and Corporate. The Factoring segment includes the operations of Triumph Business Capital with revenue derived from factoring services.
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