Triumph Financial reported earnings of $0.19 per share, exceeding expectations of $0.17. The company generated $125.57 million in revenue, surpassing the forecast of $106.29 million. Last year, the company earned $0.51 per share.
Analyst Ratings
Several analysts have commented on TFIN. B. Riley maintained a “neutral” rating with a price target of $65.00. Piper Sandler raised their target from $60.00 to $65.00, rating it “underweight.” Stephens set a $74.00 target with an “equal weight” rating. DA Davidson increased their target from $74.00 to $84.00 with a “neutral” rating. Keefe, Bruyette & Woods downgraded their rating to “underperform” and lowered the target to $70.00. Currently, two analysts recommend selling, three suggest holding, with a consensus rating of “Hold” and a target price of $71.60.
Insider Transactions
COO Edward Joseph Schreyer sold 6,128 shares at about $81.41, totaling roughly $498,880. After the sale, he holds 39,698 shares valued at around $3.23 million, which is a 0.00% change in ownership. Insiders own about 6.15% of the shares.
Institutional Trading
Several institutions adjusted their positions in Triumph Financial. Kayne Anderson Rudnick raised their stake by 258.3% with over 2.6 million shares valued at $215 million. Thrivent Financial increased holdings by 7.5%, and Envestnet Asset Management boosted theirs by 108.3%. American Century Companies and Sei Investments also raised their stakes significantly. Overall, 91.11% of shares are owned by institutional investors.
Company Overview
Triumph Financial, Inc. is a financial holding company providing banking, payments, and factoring services in the U.S. They offer various deposit and loan products.
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