Triumph Financial (NYSE:TFIN) Issues Earnings Results, Misses Expectations By $0.08 EPS

Triumph Financial (NYSE:TFIN) announced its quarterly earnings data on Wednesday. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08), FiscalAI reports. The firm had revenue of $125.67 million during the quarter, compared to analyst estimates of $123.11 million. Triumph Financial had a return on equity of 5.61% and a net margin of 8.96%.

Triumph Financial Trading Up 0.1%

NYSE TFIN opened at $62.07 on Friday. Triumph Financial has a 12 month low of $49.27 and a 12 month high of $83.52. The stock has a 50-day simple moving average of $66.12 and a 200 day simple moving average of $69.63. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.48 billion, a PE ratio of 41.94 and a beta of 1.53.

Insider Transactions at Triumph Financial

In other news, EVP Edward Schreyer sold 2,900 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $73.75, for a total transaction of $213,875.00. Following the completion of the transaction, the executive vice president directly owned 15,534 shares in the company, valued at approximately $1,145,632.50. The trade was a 15.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Adam Nelson sold 3,750 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total value of $296,437.50. Following the transaction, the executive vice president owned 23,755 shares of the company’s stock, valued at $1,877,832.75. The trade was a 13.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.51% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on TFIN. Zacks Research downgraded shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Keefe, Bruyette & Woods lifted their price target on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Triumph Financial in a research report on Friday, August 7th. Stephens boosted their price target on shares of Triumph Financial from $67.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, Raymond James Financial dropped their price target on shares of Triumph Financial from $89.00 to $84.00 and set an “outperform” rating for the company in a research note on Friday, September 25th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $81.20.

About Triumph Financial

Triumph Financial, Inc is a financial holding company headquartered in Dallas, Texas, that provides banking, payments and financial services designed primarily for businesses and professionals in the transportation industry. The company operates through a technology-focused model that combines traditional banking capabilities with specialized payments and working-capital solutions.

Its offerings include commercial banking products, accounts and lending services, as well as transportation-focused invoice factoring through Triumph Business Capital.