Triumph Bancorp – Consensus indicates potential rise of 10.1%

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Triumph Bancorp found using ticker (TBK) now have 7 analysts covering the stock with the consensus suggesting a rating of “Buy”. The range between the high target price and the low target price is between 112 and 82, with the average target price being 97.29. With the stock’s previous close at 88.37, this would indicate that there is a potential upside of 10.1%. The 50-day moving average is now at 82.27 and the 200-day MA is at 81.77. The company has a market capitalization of $ 2,120 million. You can visit the company’s website by visiting: http://www.triumphbancorp.com

Triumph Bancorp operates as a financial holding company for TBK Bank, SSB, which provides a variety of banking and trade finance products and services to retail customers and small and medium-sized businesses in the United States. The company operates through three segments: Banking, Factoring and Corporates. 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, 2020, 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 the far west of Kansas, as well as a branch dedicated to deposit collection activities in Dallas, Texas. Triumph Bancorp is headquartered in Dallas, Texas.

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