Triumph Financial (TFIN) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Triumph Financial (TFIN) reported revenue of $105.08 million for the quarter ended June 2024, reflecting a year-over-year increase of 2.1% [4] - The reported revenue exceeded the Zacks Consensus Estimate of $103.43 million by 1.60%, while the EPS of $0.08 represented a significant decline of 72.41% compared to $0.29 a year ago, resulting in an EPS surprise of -61.90% [1][4] Financial Metrics - Efficiency ratio stood at 92.6%, higher than the average estimate of 90.3% based on three analysts [3] - Average Interest Earning Assets were reported at $5 billion, slightly below the estimated $5.18 billion [3] - Net Interest Margin was reported at 7.1%, matching the average estimate [3] - Total Noninterest Income was $17.17 million, exceeding the estimated $15.85 million [3] - Net Interest Income was $87.92 million, slightly above the average estimate of $87.57 million [3] - Card income reached $2.09 million, surpassing the estimated $1.99 million [3] - Fee income was reported at $8.52 million, below the estimated $9.36 million [3] - Insurance commissions were $1.51 million, exceeding the estimate of $1.22 million [3] - Other income was $3.13 million, significantly above the estimated $1.21 million [3] - Service charges on deposits amounted to $1.81 million, slightly above the estimated $1.77 million [3] Stock Performance - Triumph Financial shares have returned +21.4% over the past month, outperforming the Zacks S&P 500 composite's +4.4% change [6] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [6]