Triumph Financial (NYSE:TFIN) Posts Quarterly Earnings Results, Beats Estimates By $0.48 EPS

Triumph Financial (NYSE:TFIN) announced its earnings results on Monday. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.48, Zacks reports. Triumph Financial had a return on equity of 1.76% and a net margin of 2.00%.

Triumph Financial Price Performance

TFIN traded up $1.28 during trading on Monday, hitting $70.68. 235,104 shares of the stock traded hands, compared to its average volume of 228,281. The business’s 50 day moving average is $63.14. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 0.96. Triumph Financial has a twelve month low of $42.90 and a twelve month high of $79.86. The firm has a market cap of $1.68 billion, a P/E ratio of 243.73 and a beta of 1.48.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on TFIN shares. B. Riley cut Triumph Financial from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a research report on Monday, January 12th. Wall Street Zen downgraded shares of Triumph Financial from a “hold” rating to a “sell” rating in a research note on Sunday, January 18th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Triumph Financial in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $70.00.

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.