Triumph Financial (NYSE:TFIN) Rating Lowered to Hold at Zacks Research

Triumph Financial (NYSE:TFIN) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

TFIN has been the topic of several other reports. Wall Street Zen raised Triumph Financial from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings upgraded Triumph Financial from a “sell (d+)” rating to a “hold (c)” rating in a research note on Thursday, February 12th. Finally, B. Riley Financial lowered Triumph Financial from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a research note on Monday, January 12th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Triumph Financial has an average rating of “Hold” and a consensus target price of $70.00.

Triumph Financial Stock Performance

Triumph Financial stock opened at $61.49 on Monday. Triumph Financial has a 1 year low of $42.90 and a 1 year high of $77.84. The firm has a 50 day moving average of $64.80. The stock has a market capitalization of $1.46 billion, a P/E ratio of 66.12 and a beta of 1.50. 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 (NYSE:TFIN) last posted its quarterly earnings results on Monday, January 26th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.48. The company had revenue of $105.19 million for the quarter, compared to the consensus estimate of $111.21 million. Triumph Financial had a net margin of 4.89% and a return on equity of 3.49%.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.