News coverage about Triumph Bancorp (NASDAQ:TBK) has trended somewhat positive on Tuesday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Triumph Bancorp earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.3749861351572 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
TBK has been the topic of several research reports. B. Riley upgraded Triumph Bancorp from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $38.00 to $42.00 in a report on Tuesday, January 23rd. Keefe, Bruyette & Woods set a $38.00 price target on Triumph Bancorp and gave the stock a “buy” rating in a report on Friday, December 22nd. Piper Jaffray restated a “buy” rating and set a $49.00 price target on shares of Triumph Bancorp in a report on Thursday, March 15th. Wells Fargo cut Triumph Bancorp from an “outperform” rating to a “market perform” rating and set a $43.00 target price on the stock. in a report on Thursday, April 5th. Finally, Sandler O’Neill reiterated a “buy” rating and issued a $41.00 target price on shares of Triumph Bancorp in a report on Tuesday, January 23rd. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Triumph Bancorp presently has a consensus rating of “Buy” and a consensus target price of $39.78.
Shares of TBK stock opened at $39.80 on Tuesday. Triumph Bancorp has a one year low of $20.50 and a one year high of $44.05. The company has a market capitalization of $1,030.01, a P/E ratio of 25.35, a P/E/G ratio of 1.35 and a beta of 0.92. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10.
Triumph Bancorp (NASDAQ:TBK) last announced its earnings results on Monday, January 22nd. The financial services provider reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.08. Triumph Bancorp had a return on equity of 9.38% and a net margin of 16.62%. The business had revenue of $49.79 million for the quarter, compared to analysts’ expectations of $48.74 million. sell-side analysts anticipate that Triumph Bancorp will post 2.65 EPS for the current fiscal year.
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About Triumph Bancorp
Triumph Bancorp, Inc is a financial holding company. Through its bank subsidiary, TBK Bank, SSB (TBK Bank), the Company offers traditional banking services, as well as commercial finance products. The Company operates through four segments: Banking, Factoring, Asset Management and Corporate. The Factoring segment includes the operations of Triumph Business Capital with revenue derived from factoring services.
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