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 |