Triumph Financial (NYSE:TFIN) Cut to Hold at Zacks Research

Zacks Research cut shares of Triumph Financial (NYSE:TFIN) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports.

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

Triumph Financial Trading Up 0.5%

TFIN opened at $61.58 on Monday. The company’s 50 day simple moving average is $64.74. The company has a market capitalization of $1.46 billion, a PE ratio of 66.22 and a beta of 1.50. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. Triumph Financial has a twelve month low of $42.90 and a twelve month high of $77.84.

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

About Triumph Financial

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.