Triumph Financial (NYSE:TFIN) Stock Rating Lowered by Zacks Research

Triumph Financial (NYSE:TFIN) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Other equities analysts also recently issued reports about the company. Weiss Ratings upgraded Triumph Financial from a “sell (d+)” rating to a “hold (c)” rating in a research report on Thursday, February 12th. B. Riley Financial cut shares of Triumph Financial from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a research report on Monday, January 12th. Finally, Wall Street Zen upgraded shares of Triumph Financial from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $70.00.

Triumph Financial Trading Up 7.2%

NYSE:TFIN opened at $61.49 on Monday. The business’s 50-day moving average price is $64.80. Triumph Financial has a 1-year low of $42.90 and a 1-year high of $77.84. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market capitalization of $1.46 billion, a PE ratio of 66.12 and a beta of 1.50.

Triumph Financial (NYSE:TFIN) last posted its earnings results on Monday, January 26th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.48. The firm had revenue of $105.19 million for the quarter, compared to analyst estimates of $111.21 million. Triumph Financial had a net margin of 4.89% and a return on equity of 3.49%.

Triumph Financial Company Profile

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.