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

Triumph Financial (NASDAQ:TFIN) announced its quarterly earnings data 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 Up 0.8 %

Shares of Triumph Financial stock traded up $0.70 during trading on Wednesday, hitting $91.97. The company’s stock had a trading volume of 147,499 shares, compared to its average volume of 120,700. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99. The company has a fifty day simple moving average of $96.36 and a two-hundred day simple moving average of $88.65. The company has a market capitalization of $2.15 billion, a PE ratio of 117.91 and a beta of 1.24. Triumph Financial has a 52 week low of $66.85 and a 52 week high of $110.58.

Insider Buying and Selling

In other news, CEO Aaron P. Graft sold 13,500 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the sale, the chief executive officer now owns 151,533 shares of the company’s stock, valued at $16,117,049.88. This trade represents a 8.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 6.15% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. DA Davidson increased their price target on shares of 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 reissued a “neutral” rating and set a $65.00 price target on shares of Triumph Financial in a research report on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $71.60.

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.