Triumph Financial (TFIN) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Triumph Financial reported revenue of $106.2 million for the quarter ended September 2024, reflecting a year-over-year increase of 1.4% [1] - The earnings per share (EPS) for the quarter was $0.19, a decrease from $0.51 in the same quarter last year [1] - The revenue reported was slightly below the Zacks Consensus Estimate of $106.29 million, resulting in a revenue surprise of -0.09% [1] - The EPS exceeded the consensus estimate of $0.17, leading to an EPS surprise of +11.76% [1] Financial Performance Metrics - The efficiency ratio for Triumph Financial was reported at 90.1%, better than the estimated 91.7% by analysts [3] - Total Noninterest Income was $17.50 million, surpassing the average estimate of $16.90 million from analysts [3] - Net Interest Income stood at $88.70 million, slightly below the average estimate of $89.39 million [3] Stock Performance - Over the past month, shares of Triumph Financial have returned -2%, contrasting with the Zacks S&P 500 composite's increase of +3.5% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]