Triumph Bancorp – Consensus indicates downside potential of -10.3%
Triumph Bancorp with ticker code (TBK) now have 7 total analysts covering the stock. The consensus odds are “Hold”. The range between the high target price and the low target price is between 50 and 27.5 by calculating the average target price that we have 43.64. With the stock’s previous close at 48.64, that would indicate there is a -10.3% drop. The 50-day moving average is 39.65 and the 200-day MA is 29.49. The company has a market capitalization of $ 1,189 million. For more information, visit: http://www.triumphbancorp.com
Triumph Bancorp operates as a financial holding company for TBK Bank, SSB, which provides banking and trade finance products and services to retail customers and small and medium-sized businesses in the United States. The company operates in the banking, factoring and corporate sectors. 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 loans to businesses for working capital and operational purposes. The company also offers asset loans, equipment loans and premium loans; real estate loans for financing commercial properties; factoring services to the transport and non-transport sectors; agricultural loans; loans for commercial construction, land and land use planning; warehouse mortgages; residential real estate loans; and consumer credit. In addition, it offers debit cards; electronic banking, trust and cash management services; and insurance brokerage services. As of December 31, 2019, 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 the far west of Kansas; and 3 loan production offices in Colorado and 1 loan production office in Missouri, as well as an additional branch limited to deposit collection activities in Dallas, Texas. Triumph Bancorp is headquartered in Dallas, Texas.
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