Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides various banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States. The company operates through three segments: Banking, Factoring, and Corporate. It offers depository products, including checking, savings, and money market accounts, as well as certificates of deposit; and commercial and industrial loans, loans to purchase capital equipment, and business loans for working capital and operational purposes. The company also provides asset-based, and equipment and premium finance loans; real estate loans to finance commercial properties; factoring services to the transportation and non-transportation sectors; agriculture loans; commercial construction, land, and land development loans; mortgage warehouse loans; residential real estate loans; and consumer loans. In addition, it offers debit cards; electronic banking, trust, and treasury management services; and insurance brokerage services. As of December 31, 2020, the company operated through a network of 10 branches in the Quad Cities Metropolitan Area of Iowa and Illinois; 8 branches in northern and central Illinois; 7 branches in southern Colorado; 3 branches in New Mexico; 31 branches in central and eastern Colorado; and 2 branches in far western Kansas, as well as a branch office dedicated to deposit gathering activities in Dallas, Texas. Triumph Bancorp, Inc. is headquartered in Dallas, Texas.
IPO Year: 2014
Exchange: NASDAQ
Website: triumphbancorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/6/2022 | $103.00 → $79.00 | Strong Buy → Outperform | Raymond James |
| 1/24/2022 | $170.00 → $152.00 | Buy | B. Riley Securities |
| 1/24/2022 | $148.00 → $132.00 | Strong Buy | Raymond James |
| 12/3/2021 | $153.00 → $170.00 | Buy | B. Riley Securities |
| 10/22/2021 | $112.00 → $148.00 | Strong Buy | Raymond James |
| 10/7/2021 | $90.00 → $107.00 | Equal-Weight | Wells Fargo |
| 9/29/2021 | $110.00 → $125.00 | Buy | B. Riley Securities |
| 7/27/2021 | $78.00 → $82.00 | Equal-Weight | Stephens & Co. |
| 7/26/2021 | $116.00 → $112.00 | Strong Buy | Raymond James |
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4 - Triumph Financial, Inc. (0001539638) (Issuer)
4 - Triumph Financial, Inc. (0001539638) (Issuer)
4 - Triumph Financial, Inc. (0001539638) (Issuer)
4 - Triumph Financial, Inc. (0001539638) (Issuer)
4 - Triumph Financial, Inc. (0001539638) (Issuer)
4 - Triumph Financial, Inc. (0001539638) (Issuer)
4 - Triumph Financial, Inc. (0001539638) (Issuer)
10-K - Triumph Financial, Inc. (0001539638) (Filer)
8-K - Triumph Financial, Inc. (0001539638) (Filer)
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8-K - Triumph Financial, Inc. (0001539638) (Filer)
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10-Q - Triumph Financial, Inc. (0001539638) (Filer)
8-K - Triumph Financial, Inc. (0001539638) (Filer)
8-K - Triumph Financial, Inc. (0001539638) (Filer)
10-Q - Triumph Financial, Inc. (0001539638) (Filer)
Raymond James downgraded Triumph Bancorp from Strong Buy to Outperform and set a new price target of $79.00 from $103.00 previously
B. Riley Securities reiterated coverage of Triumph Bancorp with a rating of Buy and set a new price target of $152.00 from $170.00 previously
Raymond James reiterated coverage of Triumph Bancorp with a rating of Strong Buy and set a new price target of $132.00 from $148.00 previously
B. Riley Securities reiterated coverage of Triumph Bancorp with a rating of Buy and set a new price target of $170.00 from $153.00 previously
Raymond James reiterated coverage of Triumph Bancorp with a rating of Strong Buy and set a new price target of $148.00 from $112.00 previously
Wells Fargo reiterated coverage of Triumph Bancorp with a rating of Equal-Weight and set a new price target of $107.00 from $90.00 previously
B. Riley Securities reiterated coverage of Triumph Bancorp with a rating of Buy and set a new price target of $125.00 from $110.00 previously
Stephens & Co. reiterated coverage of Triumph Bancorp with a rating of Equal-Weight and set a new price target of $82.00 from $78.00 previously
Raymond James reiterated coverage of Triumph Bancorp with a rating of Strong Buy and set a new price target of $112.00 from $116.00 previously
B. Riley Securities upgraded Triumph Bancorp from Neutral to Buy and set a new price target of $110.00 from $85.00 previously
DALLAS, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (NASDAQ:TFIN) today announced that it expects to release its fourth quarter financial results and management commentary after the market closes on Wednesday, January 25, 2023. Upon filing, the financial results and commentary will be available on the Company's website at tfin.com. Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 7:00 a.m. USCT on Thursday, January 26, 2023. The live video conference option may be accessed directly through this link, https://triumph-financial-inc-earnings-q4.open-exchange.net/, or via t
DALLAS, Nov. 30, 2022 (GLOBE NEWSWIRE) -- November 30, 2022 (GLOBE NEWSWIRE) – Triumph Bancorp, Inc. (the "Company") (NASDAQ:TBK) today announced the Company's Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ:TBKCP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on December 30, 2022, to holders of record at the close of business on December 15, 2022. About TriumphTriumph Bancorp, Inc. (NASDAQ:TBK) is a financial holding company headq
DALLAS, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) has released its third quarter 2022 financial results. The Q3 2022 financial results and shareholder letter are available on the investor relations section of the Company's website at ir.triumphbancorp.com through the News & Events, Webcasts & Presentations links. Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 7:00 a.m. CT on Thursday, October 20, 2022. The live video conference option may be accessed directly through this link, https://triumph-bancorp-earnings-q3.open-exchange.net/, or via the Company's w
DALLAS, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) today announced that it expects to release its third quarter financial results and management commentary after the market closes on Wednesday, October 19, 2022. Upon filing, the financial results and commentary will be available on the Company's website at www.triumphbancorp.com through the Investor Relations portal. Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 7:00 a.m. USCT on Thursday, October 20, 2022. The live video conference option may be accessed directly through this link, https://triumph-bancor
DALLAS, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (the "Company") (NASDAQ:TBK) today announced the Company's Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ:TBKCP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on September 30, 2022, to holders of record at the close of business on September 15, 2022. About TriumphTriumph Bancorp, Inc. (NASDAQ:TBK) is a financial holding company headquartered in Dallas, Texas, offering
DALLAS, July 20, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) has released its second quarter 2022 financial results. The Q2 2022 financial results and shareholder letter are available on the investor relations section of the Company's website at ir.triumphbancorp.com through the News & Events, Webcasts & Presentations links. Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 7:00 a.m. CT on Thursday, July 21, 2022. The live video conference option may be accessed directly through this link, https://triumph-bancorp-earnings.open-exchange.net/registration, or via the Comp
DALLAS, July 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) today announced that it expects to release its second quarter financial results and management commentary after the market closes on Wednesday, July 20, 2022. Upon filing, the financial results and commentary will be available on the Company's website at www.triumphbancorp.com through the Investor Relations portal. Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 7:00 a.m. USCT on Thursday, July 21, 2022. The live video conference option may be accessed directly through this link, https://triumph-bancorp-ear
DALLAS, May 31, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (the "Company") (NASDAQ:TBK) today announced the Company's Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ:TBKCP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on June 30, 2022, to holders of record at the close of business on June 15, 2022. About TriumphTriumph Bancorp, Inc. (NASDAQ:TBK) is a financial holding company headquartered in Dallas, Texas, offering a diversif
DALLAS, April 20, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) ("Triumph" or the "Company") today announced earnings and operating results for the first quarter of 2022. As part of how we measure our results, we use certain non-GAAP financial measures to ascertain performance. These non-GAAP financial measures are reconciled in the section labeled "Metrics and non-GAAP financial reconciliation" at the end of this press release. 2022 First Quarter Highlights For the first quarter of 2022, net income to common shareholders was $23.5 million, and diluted earnings per share were $0.93.Net interest income was $100.1 million.Non-interest income was $11.1 million.Non-interest ex
DALLAS, April 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) today announced that it expects to release its first quarter financial results after the market closes on Wednesday, April 20, 2022. Upon filing, the financial results will be available on the Company's website at www.triumphbancorp.com through the Investor Relations portal. Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call for investors and analysts beginning at 7:00 a.m. CDT on Thursday, April 21, 2022. To participate in the live conference call, please dial 1-844-200-6205 (International: +1-929-526-1599) and access code 026223. A simultaneous au
DALLAS, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Triumph, a member of the Triumph Financial, Inc. (NASDAQ:TFIN) portfolio of brands and a leading provider of working capital financing solutions to the transportation industry, announced today the appointment of Tim Valdez as president of its factoring division. In this new role, Valdez will now oversee the strategic direction of Triumph's factoring vertical. Prior to this promotion, Valdez served as senior vice president for TriumphPay. TriumphPay providers audit and payment services to the transportation factoring industry, including to Triumph. "We're excited to welcome Tim into his new position," said Aaron P. Graft, vice chairman and chief e
DALLAS, Oct. 03, 2022 (GLOBE NEWSWIRE) -- TriumphPay, a division of TBK Bank, SSB, today announced the appointment of Dan Curtis as executive vice president, chief relationship management officer. In this role, Curtis will provide strategic leadership for TriumphPay's client relationship team, as well as identify key business drivers for clients and ensure TriumphPay is meeting client demands. "We're incredibly excited to have Dan join our team," said Aaron P. Graft, vice chairman and chief executive officer of Triumph Bancorp, Inc. (NASDAQ:TBK). "It is a testament to the TriumphPay solution and momentum of the offering that continues to attract top talent like Dan, who joins with deep in
DALLAS, March 10, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) announced today the appointment of Erik T. Bahr as chief revenue officer of TBK Bank, SSB, member FDIC. In the newly created role, Bahr is responsible for driving go-to-market strategy, sales performance, client satisfaction, and overall operations of the sales channels and partnership for the bank's transportation lines of business. Additionally, Bahr will improve the enterprise offering to its transportation clients and manage all activities associated with transportation-related revenue generation. "The distinct solutions offered by our transportation lines of business enable our clients to achieve succes
MIAMI, Jan. 07, 2022 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI) (the "Company") (Intermex), a leading money remittance services company, today announced the appointment of Ms. Debra A. Bradford and Dr. Bernardo B. Fernandez to the Company's Board of Directors, effective January 7, 2022. Chairman, Chief Executive Officer, and President Bob Lisy said, "The Intermex executive team and the Board of Directors look forward to working with Ms. Bradford and Dr. Fernandez to leverage their experience guiding organizations through significant growth and change." Mr. Lisy added, "Their unique skills and strengths, coupled with their diverse backgrounds will be a significant
DALLAS, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) announced today the appointment of Renee Galitis as chief information officer. In her role, Galitis will execute the information technology (IT) strategy driving innovation and operational excellence for the company. She will provide direction and oversight for the IT and information security teams, leading existing and emerging technology initiatives. "Renee's ability to align operational execution and technology transformation makes her an excellent fit for Triumph," said Aaron P. Graft, chief executive officer. "Her experience leading large, complex projects and technology environments will be instrumental i
DALLAS, April 26, 2021 (GLOBE NEWSWIRE) -- Triumph Business Capital, a member of the Triumph Bancorp, Inc. (NASDAQ:TBK) group and provider of working capital financing solutions to small and medium-sized business, announced today the appointment of Amber Roy as chief operating officer. Roy will report to its chief executive officer, Geoff Brenner. As chief operating officer, Roy will be responsible for Triumph Business Capital's day-to-day operations, ensuring the company delivers high quality services while being cost effective and maintaining a positive profit margin. Roy will lead all of Triumph Business Capital's operational functions, including underwriting and customer experience.
DALLAS, Jan. 26, 2021 (GLOBE NEWSWIRE) -- TriumphPay, a division of TBK Bank, SSB, announced today the appointment of Ed Schreyer as chief operating officer of the division. Schreyer will officially join TriumphPay in early March and will report to its chief executive officer, Jordan Graft. As chief operating officer, Schreyer will be responsible for TriumphPay's day-to-day operations, ensuring the overall vision is brought to fruition by delivering a product with no defects, excellent customer service, and timely payment solutions. Schreyer will lead all of TriumphPay's operational functions, including sales engineering, underwriting, payee operations and customer success. "With experie
DALLAS, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (NASDAQ:TFIN) today announced that it expects to release its fourth quarter financial results and management commentary after the market closes on Wednesday, January 25, 2023. Upon filing, the financial results and commentary will be available on the Company's website at tfin.com. Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 7:00 a.m. USCT on Thursday, January 26, 2023. The live video conference option may be accessed directly through this link, https://triumph-financial-inc-earnings-q4.open-exchange.net/, or via t
DALLAS, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Triumph, a member of the Triumph Financial, Inc. (NASDAQ:TFIN) portfolio of brands and a leading provider of working capital financing solutions to the transportation industry, announced today the appointment of Tim Valdez as president of its factoring division. In this new role, Valdez will now oversee the strategic direction of Triumph's factoring vertical. Prior to this promotion, Valdez served as senior vice president for TriumphPay. TriumphPay providers audit and payment services to the transportation factoring industry, including to Triumph. "We're excited to welcome Tim into his new position," said Aaron P. Graft, vice chairman and chief e
DALLAS, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (f/k/a Triumph Bancorp, Inc.) (NASDAQ:TFIN) ("Triumph" or the "Company") announced today the final results of its modified "Dutch auction" tender offer to purchase up to $100 million of its common stock for cash at a price per share not less than $51.00 and not greater than $58.00, which expired at 12:00 midnight, New York City time, at the end of the day on December 6, 2022. Based on the final count by Equiniti Trust Company, the depositary for the tender offer, a total of 408,615 shares of Triumph's common stock, $0.01 par value per share, were properly tendered at or below the purchase price of $58.00 per share and nei
DALLAS, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (f/k/a Triumph Bancorp, Inc.) (NASDAQ:TFIN) ("Triumph" or the "Company") announced today the preliminary results of its modified "Dutch auction" tender offer to purchase up to $100 million of its common stock for cash at a price per share not less than $51.00 and not greater than $58.00, which expired at 12:00 midnight, New York City time, at the end of the day on December 6, 2022. Based on the preliminary count by Equiniti Trust Company, the depositary for the tender offer, a total of 408,615 shares of Triumph's common stock, $0.01 par value per share, were properly tendered and not properly withdrawn at or below the purch
DALLAS, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. today announced the completion of an extensive rebranding effort, including a change of the company name to Triumph Financial, Inc. (the "Company" or "Triumph Financial"). Prior to the market open on Dec. 2, 2022, the Company's common stock will begin trading on NASDAQ under the ticker symbol "TFIN." This will replace the Company's current ticker symbol for its common stock "TBK," which has been used since its initial public offering in November 2014. In addition to the Triumph Financial rebranding, the brands Triumph Business Capital, Triumph Insurance Group and Triumph Commercial Finance have consolidated factoring, insuran
DALLAS, Nov. 30, 2022 (GLOBE NEWSWIRE) -- November 30, 2022 (GLOBE NEWSWIRE) – Triumph Bancorp, Inc. (the "Company") (NASDAQ:TBK) today announced the Company's Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ:TBKCP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on December 30, 2022, to holders of record at the close of business on December 15, 2022. About TriumphTriumph Bancorp, Inc. (NASDAQ:TBK) is a financial holding company headq
DALLAS, Nov. 29, 2022 (GLOBE NEWSWIRE) -- TriumphPay today announced the addition of Schneider (NYSE:SNDR) to its rapidly growing open payments network. TriumphPay has continued expanding the reach of its open payments network since it launched earlier this year, providing brokers, factors, shippers and carriers a single solution to manage payments and mitigate fraud and risk. "We're thrilled that Schneider is expanding their relationship with us to include invoice processing on TriumphPay's best-in-class payments network," said Aaron P. Graft, vice chairman and chief executive officer of Triumph Bancorp, Inc. (NASDAQ:TBK). "Schneider has a long history of being at the forefront of innova
DALLAS, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) ("Triumph" or the "Company") announced today that it has commenced a modified "Dutch auction" tender offer (the "Tender Offer") to purchase for cash up to $100 million of its common stock (the "Common Stock") at a price per share not less than $51.00 and not greater than $58.00, less any applicable withholding taxes and without interest, using available cash on hand. On November 4, 2022, the closing price of the Common Stock was $49.35 per share. The Tender Offer will expire at 12:00 midnight, New York City time, at the end of the day on December 6, 2022, unless extended or terminated. If the Tender Offer is full
Triumph Business Capital named a "Top Company for Women to Work in Transportation" for 2022 by Women in Transportation. DALLAS, Nov. 4, 2022 /PRNewswire-PRWeb/ -- Triumph Business Capital, member of the Triumph Bancorp, Inc. group and provider of working capital financing solutions to the transportation industry, announced today its selection as a 2022 "Top Company for Women to Work For in Transportation" by Redefining the Road, the official magazine of Women In Trucking (WIT). The organization's mission is to encourage the employment of women in the trucking industry, promote their accomplishments, and minimize the obstacles they face. "It's an honor to be nominated and selected by our peer
DALLAS, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (NASDAQ:TBK) has released its third quarter 2022 financial results. The Q3 2022 financial results and shareholder letter are available on the investor relations section of the Company's website at ir.triumphbancorp.com through the News & Events, Webcasts & Presentations links. Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 7:00 a.m. CT on Thursday, October 20, 2022. The live video conference option may be accessed directly through this link, https://triumph-bancorp-earnings-q3.open-exchange.net/, or via the Company's w