Triumph Bancorp
Market Cap
US$1.2b
Last Updated
2020/12/03 00:12 UTC
Data Sources
Company Financials +
Executive Summary
Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
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 +/- 6% a week.
Volatility Over Time: TBK's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-2.6%
TBK
-0.3%
US Banks
0.7%
US Market
1 Year Return
27.9%
TBK
-16.2%
US Banks
22.2%
US Market
Return vs Industry: TBK exceeded the US Banks industry which returned -16.6% over the past year.
Return vs Market: TBK exceeded the US Market which returned 22.7% over the past year.
Shareholder returns
| TBK | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | -0.3% | 0.7% |
| 30 Day | 10.2% | 20.3% | 11.8% |
| 90 Day | 61.1% | 19.7% | 8.6% |
| 1 Year | 27.9%27.9% | -13.1%-16.2% | 25.0%22.2% |
| 3 Year | 40.8%40.8% | -3.8%-11.8% | 49.4%39.5% |
| 5 Year | 182.5%182.5% | 42.5%24.8% | 100.2%78.1% |
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
1 month ago | Simply Wall St
Have Triumph Bancorp, Inc. (NASDAQ:TBK) Insiders Been Selling Their Stock?1 month ago | Simply Wall St
Triumph Bancorp (NASDAQ:TBK) Shareholders Have Enjoyed An Impressive 164% Share Price Gain2 months ago | Simply Wall St
Here's What Triumph Bancorp, Inc.'s (NASDAQ:TBK) Shareholder Ownership Structure Looks LikeValuation
Is Triumph Bancorp undervalued compared to its fair value and its price relative to the market?
23.96x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TBK ($46.67) is trading above our estimate of fair value ($35.87)
Significantly Below Fair Value: TBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TBK is poor value based on its PE Ratio (24x) compared to the US Banks industry average (11.3x).
PE vs Market: TBK is poor value based on its PE Ratio (24x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: TBK is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: TBK is overvalued based on its PB Ratio (1.8x) compared to the US Banks industry average (0.9x).
Next Steps
Future Growth
How is Triumph Bancorp forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
22.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TBK's forecast earnings growth (22.3% per year) is above the savings rate (2.2%).
Earnings vs Market: TBK's earnings (22.3% per year) are forecast to grow faster than the US market (21.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TBK's revenue (8.2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: TBK's revenue (8.2% 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 (10.2%).
Next Steps
Past Performance
How has Triumph Bancorp performed over the past 5 years?
19.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TBK has high quality earnings.
Growing Profit Margin: TBK's current net profit margins (17%) are lower than last year (21.8%).
Past Earnings Growth Analysis
Earnings Trend: TBK's earnings have grown by 19.2% per year over the past 5 years.
Accelerating Growth: TBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TBK had negative earnings growth (-20.4%) over the past year, making it difficult to compare to the Banks industry average (-4.1%).
Return on Equity
High ROE: TBK's Return on Equity (7%) is considered low.
Next Steps
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 (8.4x) is low.
Allowance for Bad Loans: TBK has a sufficient allowance for bad loans (160%).
Low Risk Liabilities: 83% 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 (82%).
Low Risk Deposits: TBK's Loans to Deposits ratio (112%) is appropriate.
Level of Bad Loans: TBK has an appropriate level of bad loans (1.2%).
Next Steps
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?
9.0yrs
Average management tenure
CEO
Aaron Graft (42 yo)
10.17yrs
Tenure
US$1,254,853
Compensation
Mr. Aaron P. Graft is the Vice Chairman, Chief Executive Officer and Public Information Officer of TBK Bank, SSB. He is the Founder and Vice Chairman of Triumph Bancorp, Inc. and has been its Chief Executi...
CEO Compensation Analysis
Compensation vs Market: Aaron's total compensation ($USD1.25M) is below average for companies of similar size in the US market ($USD2.60M).
Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 10.17yrs | US$1.25m | 1.18% $ 13.5m | |
| Executive VP | 10.92yrs | US$702.87k | 0.14% $ 1.6m | |
| Executive VP | 7.92yrs | US$553.76k | 0.059% $ 680.2k | |
| Executive VP & Secretary | 10.92yrs | US$644.23k | 0.12% $ 1.4m | |
| Senior Vice President of Finance & Investor Relations | 6.92yrs | no data | no data | |
| Senior Vice President of Marketing & Communications | no data | no data | no data | |
| Executive VP & Chief Marketing Officer of TBK Bank | no data | no data | no data | |
| President – TriumphPay | no data | no data | no data | |
| Chief Executive Officer – Triumph Business Capital | no data | no data | no data | |
| Senior Vice President of Asset Based Lending - Triumph Commercial Finance | 6.25yrs | no data | no data |
9.0yrs
Average Tenure
52yo
Average Age
Experienced Management: TBK's management team is seasoned and experienced (9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 10.17yrs | US$1.25m | 1.18% $ 13.5m | |
| Independent Director | 0.58yr | no data | 0.0039% $ 45.0k | |
| Independent Chairman | 10.92yrs | US$146.03k | 1.76% $ 20.3m | |
| Independent Director | 10.92yrs | US$65.97k | 0.87% $ 10.0m | |
| Independent Director | 0.58yr | no data | 0.0039% $ 45.0k | |
| Independent Director | 10.92yrs | US$77.47k | 0.67% $ 7.7m | |
| Independent Director | 10.92yrs | US$126.09k | 1.17% $ 13.5m | |
| Independent Director | 6.42yrs | US$87.74k | 0.065% $ 748.7k | |
| Independent Director | 4.17yrs | US$62.97k | 0.038% $ 433.5k | |
| Independent Director | 6.42yrs | US$100.47k | 0.15% $ 1.8m |
6.4yrs
Average Tenure
60yo
Average Age
Experienced Board: TBK's board of directors are considered experienced (6.4 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 not been meaningfully diluted in the past year.
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:
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.150b
- Shares outstanding: 24.64m
- Website: https://www.triumphbancorp.com
Number of Employees
Location
- Triumph Bancorp, Inc.
- 12700 Park Central Drive
- Suite 1700
- Dallas
- Texas
- 75251
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TBK | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 2014 |
| TBKC.P | NasdaqGS (Nasdaq Global Select) | 7.125 DP SH PF C | US | USD | Jun 2020 |
Biography
Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in t...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/03 00:12 |
| End of Day Share Price | 2020/12/02 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.