Triumph Bancorp – Consensus indicates potential rise of 6.4%


Triumph Bancorp found using ticker (TBK) now have 7 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The target price varies between 170 and 107 by calculating the average target price that we have 127.71. Now, with the previous closing price of 119.98, that would indicate there is a potential upside of 6.4%. The 50-day moving average is 123.87 and the 200-day MA is 95.32. The market capitalization of the company is $ 2,996 million. Company website: https://www.triumphbancorp.com

Triumph Bancorp operates as a financial holding company for TBK Bank, SSB, which provides a variety of banking and trade finance products and services to retail customers and small and medium-sized businesses in the United States. The company operates through three segments: Banking, Factoring and Corporates. It offers deposit products, including checking, savings and money market accounts, as well as certificates of deposit; and commercial and industrial loans, loans for the purchase of capital goods and loans to businesses for working capital and operational purposes. The company also offers asset loans, equipment loans and premium loans; real estate loans for financing commercial properties; factoring services to the transport and non-transport sectors; agricultural loans; loans for commercial construction, land and land use planning; warehouse mortgages; residential real estate loans; and consumer credit. In addition, it offers debit cards; electronic banking, trust and cash management services; and insurance brokerage services. As of December 31, 2020, the company operated through a network of 10 branches in the Quad Cities metropolitan area of ​​Iowa and Illinois; 8 branches in northern and central Illinois; 7 branches in southern Colorado; 3 branches in New Mexico; 31 branches in central and eastern Colorado; and 2 branches in the far west of Kansas, as well as a branch dedicated to deposit collection activities in Dallas, Texas. Triumph Bancorp was founded in 1981 and is headquartered in Dallas, Texas.

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