Triumph Financial (NASDAQ:TFIN) Issues Quarterly Earnings Results

Triumph Financial (NASDAQ:TFIN) announced its earnings results on Wednesday. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02), Zacks reports. Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. The firm had revenue of $101.57 million during the quarter, compared to the consensus estimate of $104.49 million. During the same quarter in the prior year, the firm posted $0.14 earnings per share.

Triumph Financial Trading Down 2.7 %

NASDAQ:TFIN opened at $48.62 on Friday. The company has a market capitalization of $1.14 billion, a P/E ratio of 90.04 and a beta of 1.18. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05. Triumph Financial has a 12 month low of $42.90 and a 12 month high of $110.58. The firm has a fifty day simple moving average of $61.22 and a 200-day simple moving average of $80.30.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TFIN. DA Davidson cut their price objective on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods raised Triumph Financial from an “underperform” rating to a “market perform” rating and lowered their price objective for the stock from $80.00 to $74.00 in a research report on Thursday, February 27th. Finally, Stephens reaffirmed an “equal weight” rating and set a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $79.00.

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.