A Director at Triumph Bancorp (TBK) is Selling Shares


Today, a Director at Triumph Bancorp (NASDAQ: TBK), Carlos Sepulveda, sold shares of TBK for $3.42M.

Following Carlos Sepulveda’s last TBK Sell transaction on May 04, 2017, the stock climbed by 17.8%. In addition to Carlos Sepulveda, one other TBK executive reported Sell trades in the last month.

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Based on Triumph Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $58.22 million and quarterly net profit of $12.07 million. In comparison, last year the company earned revenue of $42.76 million and had a net profit of $10.47 million. TBK’s market cap is $822.6M and the company has a P/E ratio of 21.89. Currently, Triumph Bancorp has an average volume of 409.8K.

Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $46.60, reflecting a -14.1% downside.

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Triumph Bancorp, Inc. operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking, Asset Management, and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services.

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