Triumph Financial (NASDAQ:TFIN) Issues Quarterly Earnings Results

Triumph Financial (NASDAQ:TFIN - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.13 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 Performance

Shares of TFIN traded up $0.70 during midday trading on Wednesday, reaching $91.97. 147,498 shares of the stock were exchanged, compared to its average volume of 120,700. Triumph Financial has a twelve month low of $66.85 and a twelve month high of $110.58. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The company has a market cap of $2.15 billion, a P/E ratio of 117.91 and a beta of 1.24. The stock's 50 day simple moving average is $96.36 and its 200 day simple moving average is $88.65.

Insider Transactions at Triumph Financial

In related news, CEO Aaron P. Graft sold 13,500 shares of the firm's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the transaction, the chief executive officer now owns 151,533 shares in the company, valued at approximately $16,117,049.88. This trade represents a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.15% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on TFIN. B. Riley reiterated a "neutral" rating and issued a $65.00 target price on shares of Triumph Financial in a research note on Wednesday, October 2nd. DA Davidson lifted their target price on Triumph Financial from $74.00 to $84.00 and gave the stock a "neutral" rating in a research note on Friday, October 18th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target 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.

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