Raymond James analyst Michael Rose maintained a Buy rating on Triumph Bancorp (NASDAQ:TBK) on Friday, setting a price target of $148, which is approximately 34.79% above the present share price of $109.8.
Rose expects Triumph Bancorp to post earnings per share (EPS) of $1.10 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Triumph Bancorp, with an average price target of $116.
The analysts price targets range from a high of $153 to a low of $82.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $104.18 million and a net profit of $0. The company's market cap is $2.76 billion.
According to TipRanks.com, Raymond James analyst Michael Rose is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.0% and a 54.99% success rate.
Triumph Bancorp, Inc. operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services. The Banking segment relates to operations of TBK Bank, including loans originated under Triumph Commercial Finance, Triumph Healthcare Finance, and Triumph Premium Finance brands. The Corporate segment refers to the financing and investment activities, as well as the management and administrative expenses. The company was founded by Aaron P. Graft in November 2010 and is headquartered in Dallas, TX.