Triumph Financial (NASDAQ:TFIN) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Triumph Financial (NASDAQ:TFIN - Get Free Report) posted 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 analysts' expectations 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 %

TFIN stock traded down $1.33 during midday trading on Friday, reaching $48.62. The company's stock had a trading volume of 1,033,324 shares, compared to its average volume of 162,965. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 90.04 and a beta of 1.18. Triumph Financial has a 1 year low of $42.90 and a 1 year high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a fifty day simple moving average of $60.66 and a two-hundred day simple moving average of $80.14.

Analysts Set New Price Targets

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

About Triumph Financial

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.