Recap: Triumph Bancorp Q4 Earnings

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Shares of Triumph Bancorp TBK were unchanged after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 89.39% year over year to $1.25, which beat the estimate of $0.82.

Revenue of $105,984,000 up by 41.17% year over year, which beat the estimate of $84,850,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Price Action

52-week high: $60.85

Company's 52-week low was at $19.03

Price action over last quarter: Up 32.77%

Company Profile

Triumph Bancorp Inc is a Texas-based financial holding company offering traditional banking industry and provides asset management services. The company operating segments include Banking, Factoring, and Corporate. Triumph generates the majority of its revenues from the Banking segments. The company through its subsidiaries operates in the banking industry and provides financial lending to commercial, commercial real estate, factoring, agriculture, and construction and development industry. It also provides investment management services to its institutional clients and deals with the management of collateralized loan obligations.

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