Triumph Financial (NYSE:TFIN) Releases Earnings Results, Misses Estimates By $0.08 EPS

Triumph Financial (NYSE:TFIN) posted its earnings results on Wednesday. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08), FiscalAI reports. Triumph Financial had a net margin of 7.17% and a return on equity of 4.69%. The firm had revenue of $125.67 million for the quarter, compared to the consensus estimate of $123.11 million.

Triumph Financial Trading Down 0.3%

Shares of TFIN stock traded down $0.20 during trading hours on Wednesday, reaching $62.02. 280,581 shares of the stock were exchanged, compared to its average volume of 249,685. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 41.91 and a beta of 1.53. Triumph Financial has a 12-month low of $49.27 and a 12-month high of $83.52. The company’s 50-day moving average price is $66.75 and its 200-day moving average price is $69.61. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05.

Analyst Ratings Changes

TFIN has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Triumph Financial in a research note on Friday, August 7th. Stephens lifted their price objective on shares of Triumph Financial from $82.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. DA Davidson boosted their target price on shares of Triumph Financial from $65.00 to $82.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Zacks Research cut shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Keefe, Bruyette & Woods lifted their price target on Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $84.80.

Insider Transactions at Triumph Financial

In other Triumph Financial news, EVP Edward Schreyer sold 2,900 shares of the business’s stock in a transaction that occurred on 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 owned 15,534 shares in the company, valued at $1,145,632.50. The trade was a 15.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Adam D. Nelson sold 3,750 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were 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. This trade represents a 13.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 5.51% of the company’s stock.

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.