NasdaqGS:TBK

Stock Analysis Report

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Market Cap

US$1.9b

Last Updated

2021/07/27 02:11 UTC

Data Sources

Company Financials +

Executive Summary

Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides various banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States. More Details


Snowflake Analysis

Excellent balance sheet with solid track record.


Similar Companies

Share Price & News

How has Triumph Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TBK's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

5.9%

TBK

3.7%

US Banks

3.3%

US Market


1 Year Return

177.8%

TBK

59.0%

US Banks

37.8%

US Market

Return vs Industry: TBK exceeded the US Banks industry which returned 55% over the past year.

Return vs Market: TBK exceeded the US Market which returned 39.1% over the past year.


Shareholder returns

TBKIndustryMarket
7 Day5.9%3.7%3.3%
30 Day-3.0%-4.8%1.1%
90 Day-16.7%-3.8%2.9%
1 Year177.8%177.8%63.5%59.0%39.9%37.8%
3 Year97.6%97.6%17.7%7.6%65.8%55.4%
5 Year335.9%335.9%96.5%71.8%124.3%99.4%

Long-Term Price Volatility Vs. Market

How volatile is Triumph Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Triumph Bancorp undervalued compared to its fair value and its price relative to the market?

20.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TBK ($75.07) is trading below our estimate of fair value ($95.6)

Significantly Below Fair Value: TBK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TBK is poor value based on its PE Ratio (16.3x) compared to the US Banks industry average (11x).

PE vs Market: TBK is good value based on its PE Ratio (16.3x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: TBK is poor value based on its PEG Ratio (130.3x)


Price to Book Ratio

PB vs Industry: TBK is overvalued based on its PB Ratio (2.5x) compared to the US Banks industry average (1.1x).


Future Growth

How is Triumph Bancorp forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-1.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TBK's forecast earnings growth (0.1% per year) is below the savings rate (2%).

Earnings vs Market: TBK's earnings (0.1% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: TBK's earnings are forecast to grow, but not significantly.

Revenue vs Market: TBK's revenue (5.8% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: TBK's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TBK's Return on Equity is forecast to be low in 3 years time (11.8%).


Past Performance

How has Triumph Bancorp performed over the past 5 years?

27.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TBK has high quality earnings.

Growing Profit Margin: TBK's current net profit margins (28.6%) are higher than last year (15.1%).


Past Earnings Growth Analysis

Earnings Trend: TBK's earnings have grown significantly by 27.4% per year over the past 5 years.

Accelerating Growth: TBK's earnings growth over the past year (184%) exceeds its 5-year average (27.4% per year).

Earnings vs Industry: TBK earnings growth over the past year (184%) exceeded the Banks industry 28.4%.


Return on Equity

High ROE: TBK's Return on Equity (14.8%) is considered low.


Financial Health

How is Triumph Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: TBK's Assets to Equity ratio (7.6x) is low.

Allowance for Bad Loans: TBK has a low allowance for bad loans (89%).

Low Risk Liabilities: 90% of TBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: TBK has an appropriate level of Loans to Assets ratio (80%).

Low Risk Deposits: TBK's Loans to Deposits ratio (101%) is appropriate.

Level of Bad Loans: TBK has an appropriate level of bad loans (1.1%).


Dividend

What is Triumph Bancorp current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TBK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TBK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TBK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TBK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average management tenure


CEO

Aaron Graft (43 yo)

10.75yrs

Tenure

US$1,447,752

Compensation

Mr. Aaron P. Graft is the Vice Chairman, Chief Executive Officer and Public Information Officer of TBK Bank, SSB. He is the Founder and Vice Chairman of Triumph Bancorp, Inc. and has been its Chief Executi...


CEO Compensation Analysis

Compensation vs Market: Aaron's total compensation ($USD1.45M) is below average for companies of similar size in the US market ($USD3.72M).

Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TBK's management team is seasoned and experienced (8 years average tenure).


Board Members

Experienced Board: TBK's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TBK insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.


Top Shareholders

Company Information

Triumph Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Triumph Bancorp, Inc.
  • Ticker: TBK
  • Exchange: NasdaqGS
  • Founded: 1981
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$1.858b
  • Shares outstanding: 24.75m
  • Website: https://www.triumphbancorp.com

Number of Employees


Location

  • Triumph Bancorp, Inc.
  • 12700 Park Central Drive
  • Suite 1700
  • Dallas
  • Texas
  • 75251
  • United States

Listings


Biography

Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides various banking and commercial finance products and services to retail customers and small-to-mid-sized busines...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/27 02:11
End of Day Share Price2021/07/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.