Triumph Bancorp, Inc. (NASDAQ:TBK) banking products and services provider, is expected to report second quarter earnings results, after market close, on Monday 20th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.07 per share.
Looking ahead, the full year income are expected at $ 0.54 per share on the revenues of $ 291.89 million.
Previous Quarter Performance
Triumph Bancorp, Inc. revealed loss for the first quarter of $ 0.18 per share, from the revenue of $ 69.98 million. The quarterly revenues hiked 3.15 percent compared with the same quarter last year. According to street consensus, TBK was expected to report 1Q20 income of $ 0.28 per share from revenue of $ 71.00 million. The bottom line results missed street analysts by $ 0.46 or 164.29 percent, at the same time, top line results fell short of analysts by $ 1.02 million or 1.44 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Triumph Bancorp, Inc.
Stock Performance
According to the previous trading day, closing price of TBK was $ 24.00, representing a 26.12 % increase from the 52 week low of $ 19.03 and a 44.38 % decrease over the 52 week high of $ 43.15.
The company has a market capital of $ 593.47 million and is part of the Financial Services sector and Banks – Regional – US industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”TBK” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
On 10th July 2020, upgraded by DA Davidson to Buy from Neutral rating, with $ 26.00 target price.
On 2nd June 2020, downgraded by Wells Fargo & Co to Underweight from Equal-Weight rating.
Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States. The company operates through Banking, Factoring, and Corporate segments.
