Triumph Bancorp (TBK) Misses Q1 EPS by 5c

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Triumph Bancorp Reports First Quarter Net Income to Common Stockholders of $13.9 Million

April 29, 2015 4:45 PM EDT

DALLAS, April 29, 2015 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) today announced earnings and operating results for the first quarter of 2015.

"Our first quarter 2015 results reflect our opportunistic approach to our business," said Aaron P. Graft, Chief Executive Officer, Triumph Bancorp, Inc. "Our acquisition of Doral Money, Inc. added approximately $700 million to our asset management business and generated a profit for our investors, in addition to core earnings for the quarter."

As part of how we measure our results, we use certain non-GAAP financial measures to ascertain performance. These non-GAAP financial... More

Triumph Bancorp Reports First Quarter Net Income to Common Stockholders of $13.9 Million

April 29, 2015 4:45 PM EDT

DALLAS, April 29, 2015 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) today announced earnings and operating results for the first quarter of 2015.

"Our first quarter 2015 results reflect our opportunistic approach to our business," said Aaron P. Graft, Chief Executive Officer, Triumph Bancorp, Inc. "Our acquisition of Doral Money, Inc. added approximately $700 million to our asset management business and generated a profit for our investors, in addition to core earnings for the quarter."

As part of how we measure our results, we use certain non-GAAP financial measures to ascertain performance. These non-GAAP financial... More