Piper Jaffray Upgrades Triumph Bancorp (TBK) to Overweight
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B.Riley/FBR Upgrades Triumph Bancorp (TBK) to Buy
January 23, 2018 6:46 AM ESTB.Riley/FBR upgraded Triumph Bancorp (NASDAQ: TBK) from Neutral to Buy with a price target of $42.00.
For an analyst ratings summary and ratings history on Triumph Bancorp click here. For more ratings news on Triumph Bancorp click here.
Shares of Triumph Bancorp closed at $37.00 yesterday.
... MoreTriumph Bancorp (TBK) Misses Q4 EPS by 12c
January 22, 2018 6:04 AM ESTTriumph Bancorp (NASDAQ: TBK) reported Q4 EPS of $0.34, $0.12 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $45.8 million versus the consensus estimate of $47.54 million.
2017 Fourth Quarter Highlights
For the fourth quarter of 2017, net income was $6.3 million and net income available to common stockholders was $6.1 million, compared to net income of $9.8 million and net income available to common stockholders of $9.6 million for the quarter ended September 30, 2017. Diluted earnings per share were $0.29 for the quarter ended December 31, 2017, compared to $0.47 for the quarter ended September 30, 2017. Net income for... More