U.S. Markets open in 5 hrs 18 mins
  • S&P Futures

    3,632.50
    -0.25 (-0.01%)
     
  • Dow Futures

    29,981.00
    -17.00 (-0.06%)
     
  • Nasdaq Futures

    12,106.00
    +30.00 (+0.25%)
     
  • Russell 2000 Futures

    1,851.60
    +0.10 (+0.01%)
     
  • Crude Oil

    45.38
    +0.47 (+1.05%)
     
  • Gold

    1,809.00
    +4.40 (+0.24%)
     
  • Silver

    23.42
    +0.12 (+0.54%)
     
  • EUR/USD

    1.1910
    +0.0014 (+0.1191%)
     
  • 10-Yr Bond

    0.8820
    0.0000 (0.00%)
     
  • Vix

    21.65
    -1.01 (-4.46%)
     
  • GBP/USD

    1.3349
    -0.0009 (-0.0708%)
     
  • USD/JPY

    104.3900
    -0.0900 (-0.0861%)
     
  • BTC-USD

    19,038.85
    +184.87 (+0.98%)
     
  • CMC Crypto 200

    377.84
    +8.09 (+2.19%)
     
  • FTSE 100

    6,441.73
    +9.56 (+0.15%)
     
  • Nikkei 225

    26,296.86
    +131.27 (+0.50%)
     

Triumph Bancorp: 3Q Earnings Snapshot

·1 min read

DALLAS (AP) _ Triumph Bancorp Inc. (TBK) on Monday reported third-quarter profit of $22.9 million.

The bank, based in Dallas, said it had earnings of 89 cents per share. Earnings, adjusted for non-recurring costs, were 91 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.

The financial holding company posted revenue of $92.9 million in the period. Its revenue net of interest expense was $84.9 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $80 million.

Triumph Bancorp shares have increased 13% since the beginning of the year. In the final minutes of trading on Monday, shares hit $43, an increase of 37% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TBK at https://www.zacks.com/ap/TBK