Bancorp Triumph found using the ticker (TBK) now have 7 analysts covering the stock. Analyst consensus points to a buy rating. The range between the high target price and the low target price is between 170 and 107 with an average TP of 127.71. Now, with the previous closing price of 94.04, this would imply an upside potential of 35.8%. The 50-day moving average now stands at 106.29 and the 200-day MA is at 96.51. The market cap of the company is $2,385 million. Company website: https://www.triumphbancorp.com
The potential market capitalization would be $3,239 million based on market consensus.
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Triumph Bancorp operates as a financial holding company for TBK Bank, SSB which provides various commercial banking and financial products and services to retail and small and medium business customers in the United States. The Company operates through four segments: Banking, Factoring, Payments and Corporate. 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 business loans for working capital and operational purposes. The company also offers asset-based loans, equipment loans and finance bonuses; real estate loans for the financing of commercial properties; factoring of services in the transport and non-transport sectors; agricultural loans; loans for commercial construction, land and land development; warehouse mortgages; residential real estate loans; and consumer loans. Additionally, it offers debit cards; Electronic banking, fiduciary and cash management services; and insurance brokerage services. As of December 31, 2021, 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 far western 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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