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.
Excellent balance sheet and fair value.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TBK exceeded the US Banks industry which returned -27.8% over the past year.
Return vs Market: TBK underperformed the US Market which returned -10.7% over the past year.
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 week ago | Simply Wall StHow Does Triumph Bancorp, Inc. (NASDAQ:TBK) Affect Your Portfolio Volatility?
3 weeks ago | Simply Wall StWhat Is Triumph Bancorp's (NASDAQ:TBK) P/E Ratio After Its Share Price Tanked?
3 weeks ago | Simply Wall StIndependent Director Robert Dobrient Just Bought Shares In Triumph Bancorp, Inc. (NASDAQ:TBK)
Is Triumph Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TBK ($26.06) is trading below our estimate of fair value ($33.28)
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 (11.5x) compared to the Banks industry average (8.9x).
PE vs Market: TBK is good value based on its PE Ratio (11.5x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: TBK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TBK is overvalued based on its PB Ratio (1x) compared to the US Banks industry average (0.8x).
How is Triumph Bancorp forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TBK's earnings are forecast to decline over the next 3 years (-4.1% per year).
Earnings vs Market: TBK's earnings are forecast to decline over the next 3 years (-4.1% per year).
High Growth Earnings: TBK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TBK's revenue (7.4% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: TBK's revenue (7.4% 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 (8.2%).
How has Triumph Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TBK has high quality earnings.
Growing Profit Margin: TBK's current net profit margins (20.9%) are lower than last year (22%).
Past Earnings Growth Analysis
Earnings Trend: TBK's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: TBK's earnings growth over the past year (14.5%) is below its 5-year average (22.8% per year).
Earnings vs Industry: TBK earnings growth over the past year (14.5%) exceeded the Banks industry 10.9%.
Return on Equity
High ROE: TBK's Return on Equity (9.2%) is considered low.
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
Inventory Level: TBK has a low level of unsold assets or inventory.
Debt Coverage by Assets: TBK's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: TBK's level of assets compared to its equity is low.
Allowance for Bad Loans: TBK has a low allowance for bad loans.
Low Risk Liabilities: TBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: TBK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: TBK's loans are broadly funded by customer deposits.
Level of Bad Loans: TBK has an appropriate level of bad loans (0.96%)
What is Triumph Bancorp's 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 payouts.
High Dividend: Unable to evaluate TBK's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Aaron Graft (41yo)
Mr. Aaron P. Graft is the Vice Chairman, Chief Executive Officer and Public Information Officer of TBK Bank, SSB ( the “Bank”). He is the Founder and Vice Chairman of Triumph Bancorp, Inc. (the “Company”) ...
CEO Compensation Analysis
Compensation vs Market: Aaron's total compensation ($USD1.12M) is below average for companies of similar size in the US market ($USD3.17M).
Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.
|Executive VP||10.25yrs||US$601.20k||0.24% $1.5m|
|Executive VP & General Counsel||7.25yrs||US$498.47k||0.077% $480.6k|
|Executive VP & Secretary||3.42yrs||US$520.93k||0.12% $748.5k|
|Senior Vice President of Finance & Investor Relations||6.25yrs||no data||no data|
|Senior Vice President of Marketing & Communications||no data||no data||no data|
|Executive VP & Chief Lending Officer of TBK Bank||0.92yr||no data||0.038% $235.6k|
|Senior Vice President of Asset Based Lending - Triumph Commercial Finance||5.58yrs||no data||no data|
Experienced Management: TBK's management team is seasoned and experienced (6.3 years average tenure).
|Independent Chairman||10.25yrs||US$148.46k||2.22% $13.8m|
|Independent Director||10.25yrs||US$64.97k||0.92% $5.7m|
|Independent Director||6.5yrs||US$115.44k||1.23% $7.7m|
|Independent Director||10.25yrs||US$73.97k||0.69% $4.3m|
|Independent Director||10.25yrs||US$121.19k||1.41% $8.8m|
|Independent Director||5.75yrs||US$81.98k||0.10% $652.1k|
|Independent Director||10.25yrs||US$79.07k||0.29% $1.8m|
|Independent Director||10.25yrs||US$72.97k||0.46% $2.9m|
|Independent Director||5.75yrs||US$100.47k||0.15% $927.2k|
Experienced Board: TBK's board of directors are seasoned and experienced ( 10.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TBK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
Triumph Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Triumph Bancorp, Inc.
- Ticker: TBK
- Exchange: NasdaqGS
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$622.772m
- Shares outstanding: 23.95m
- Website: https://www.triumphbancorp.com
Number of Employees
- Triumph Bancorp, Inc.
- 12700 Park Central Drive
- Suite 1700
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TBK||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Nov 2014|
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. The company operates through Banking, Factoring, and Corporate segments. It offers depository products, including checking, savings, and money market accounts, as well as certificates of deposit; and commercial and industrial loans, loans to purchase capital equipment, and business loans for working capital and operational purposes. The company also provides asset-based, and equipment and premium finance loans; real estate loans to finance commercial properties; factoring services to the transportation and non-transportation sectors; agriculture loans; commercial construction, land, and land development loans; mortgage warehouse loans; residential real estate loans; and consumer loans. In addition, it offers debit cards; electronic banking, trust, and treasury management services; and insurance brokerage services. As of December 31, 2018, the company operated through a network of 10 branches in the Quad Cities Metropolitan Area of Iowa and Illinois; 8 branches in central and northwestern Illinois; 7 branches in southern Colorado; 3 branches in New Mexico; 30 branches in Colorado; 2 branches in far western Kansas; and loan production offices in Littleton, Colorado Springs, Durango, and Lee’s Summit. Triumph Bancorp, Inc. is headquartered in Dallas, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 07:07|
|End of Day Share Price||2020/03/31 00:00|
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.