Company Quick10K Filing
Triumph Bancorp
10-K 2019-12-31 Filed 2020-02-11
10-Q 2019-06-30 Filed 2019-07-19
10-Q 2019-03-31 Filed 2019-04-19
10-K 2018-12-31 Filed 2019-02-12
10-Q 2018-09-30 Filed 2018-10-19
10-Q 2018-06-30 Filed 2018-07-20
10-Q 2018-03-31 Filed 2018-04-20
10-K 2017-12-31 Filed 2018-02-13
10-Q 2017-09-30 Filed 2017-10-20
10-Q 2017-06-30 Filed 2017-07-21
10-Q 2017-03-31 Filed 2017-04-26
10-K 2016-12-31 Filed 2017-02-17
10-Q 2016-09-30 Filed 2016-10-28
10-Q 2016-06-30 Filed 2016-08-03
10-Q 2016-03-31 Filed 2016-05-04
10-K 2015-12-31 Filed 2016-02-26
10-Q 2015-09-30 Filed 2015-11-02
10-Q 2015-06-30 Filed 2015-07-31
10-Q 2015-03-31 Filed 2015-05-06
10-K 2014-12-31 Filed 2015-03-06
10-Q 2014-09-30 Filed 2014-12-17
8-K 2020-03-26 Other Events, Exhibits
8-K 2020-01-21 Earnings, Regulation FD, Exhibits
8-K 2019-11-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-11-21 Other Events, Exhibits
8-K 2019-11-15 Amend Bylaw, Exhibits
8-K 2019-11-14 Regulation FD, Exhibits
8-K 2019-07-17 Earnings, Regulation FD, Exhibits
8-K 2019-05-16 Officers, Shareholder Vote, Exhibits
8-K 2019-05-16 Regulation FD, Exhibits
8-K 2019-05-01 Officers, Regulation FD, Exhibits
8-K 2019-04-17 Earnings, Regulation FD, Exhibits
8-K 2019-01-22 Earnings, Regulation FD, Exhibits
8-K 2018-10-29 Other Events, Exhibits
8-K 2018-10-17 Earnings, Regulation FD, Exhibits
8-K 2018-09-20 Regulation FD
8-K 2018-09-07 M&A, Other Events, Exhibits
8-K 2018-08-01 Regulation FD, Exhibits
8-K 2018-07-18 Earnings, Regulation FD, Exhibits
8-K 2018-06-02 Exhibits
8-K 2018-05-10 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2018-05-10 Regulation FD, Exhibits
8-K 2018-05-07 Regulation FD, Exhibits
8-K 2018-04-18 Earnings, Regulation FD, Exhibits
8-K 2018-04-10 Enter Agreement, Other Events, Exhibits
8-K 2018-04-09 Enter Agreement, Earnings, Other Events, Exhibits
8-K 2018-02-21 Regulation FD, Exhibits
8-K 2018-01-22 Earnings, Regulation FD, Exhibits

Triumph Bancorp Financials

TBK Metrics, Comps, Filings

Quarterly | Annual

Business

Triumph Bancorp, Inc. ("we", "Triumph" or the "Company"), is a financial holding company headquartered in Dallas, Texas and registered under the Bank Holding Company Act of 1956, as amended (the "BHC Act"). Through our wholly owned bank subsidiary, TBK Bank, SSB ("TBK Bank"), we offer traditional banking services as well as commercial finance products to businesses that require specialized financial solutions. Our community banking operations include a full suite of lending and deposit products and services focused on our local market areas. These activities generate a stable source of core deposits and a diverse asset base to support our overall operations. Our commercial finance products include factoring, asset-based lending, equipment lending, and premium finance products offered on a nationwide basis. These product offerings supplement the asset generation capacity in our community banking markets and enhance the overall yield of our loan portfolio, enabling us to earn attractive risk-adjusted net interest margins. We believe our integrated business model distinguishes us from other banks and non-bank financial services companies in the markets in which we operate. As of December 31, 2018, we had consolidated total assets of $4.560 billion, total loans held for investment of $3.609 billion, total deposits of $3.450 billion and total stockholders' equity of $636.6 million.

Our business is conducted through three reportable segments (Banking, Factoring, and Corporate). For the year ended December 31, 2018, our banking segment generated 66% of our total revenue (comprised of interest and noninterest income), our factoring segment generated 33% of our total revenue, and our corporate segment generated 1% of our total revenue. On March 31, 2017, we sold our 100% membership interest in Triumph Capital Advisors, LLC ("TCA") and discontinued fee based asset management services. TCA operations for the years ended December 31, 2017 and 2016 are reflected in our Corporate segment, along with the gain on sale of our membership interest in TCA.

We operate our business through several corporate entities.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Fidelity Southern (LION) 820 0% 11.1 1% 4,790 4,331 13 0 28 66 738
Lakeland Bancorp (LBAI) 803 4.4 1% 6,492 5,779 0 0 52 118 522
Origin Bancorp (OBNK) 793 4.1 1% 5,397 4,809 0 0 54 118 484
Carolina Financial (CARO) 797 6.6 2% 3,980 3,358 0 0 62 115 763
ConnectOne Bancorp (CNOB) 778 6.4 1% 6,161 5,441 0 0 71 173 1,098
HomeStreet (HMST) 732 6.0 0% 6,836 6,145 0 0 22 131 782
Community Trust Bancorp (CTBI) 756 6.3 1% 4,338 3,732 0 0 49 85 534
Triumph Bancorp (TBK) 847 4.9 1% 5,040 4,406 0 0 60 149 732
Bryn Mawr Bank (BMTC) 743 5.4 1% 4,829 4,228 0 0 60 121 649
Univest of Pennsylvania (UVSP) 749 5.4 1% 5,354 4,689 0 0 69 127 683
German American Bancorp (GABC) 844 9.1 1% 4,356 3,793 0 0 54 93 844
National Commerce (NCOM) 740 6.4 1% 4,205 3,508 0 0 45 82 523
Trustco Bank N Y (TRST) 792 4.0 1% 5,222 4,696 0 0 44 85 342
Oritani Financial (ORIT) 813 0% 9.7 1% 3,990 3,460 2 0 51 126 1,212
Horizon Bancorp (HBNC) 781 5.6 1% 5,187 4,544 0 0 61 123 690
Byline Bancorp (BY) 734 4.7 1% 5,438 4,702 0 0 58 134 625
Allegiance Bancshares (ABTX) 725 4.5 1% 4,906 4,200 0 0 39 94 425
CBTX (CBTX) 706 5.0 2% 3,432 2,906 0 0 52 83 417
Banc of California (BANC) 715 0% 1.9 0% 8,625 7,724 3 0 21 194 371
Camden National (CAC) 692 4.9 1% 4,520 4,049 0 0 56 116 564

Balance Sheet ($MM)2014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash761611781001161051246210511512611881134106133282235172209115
Accounts Receivable
Inventory
PP&E2225222222282020455345444474636883100858587
Assets1,3481,4481,4731,5291,5811,6911,6881,7832,5752,6412,6352,8372,9063,4993,4053,7954,5374,5604,5304,7835,040
Accounts Payable
Long-Term Debt
Liabilities1,1721,2101,2201,2721,3181,4231,4141,5042,2912,3522,3352,5262,5203,1073,0023,1873,9203,9233,8844,1404,406
Stockholders' Equity150238268274280285289300310386392403607617637646643634
Income Statement ($MM)2014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A10111011111111112221
Tax6113323334665844554133
Net Income10314565555610101061212918151314
Cash Flow ($MM)2014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating641-2884678-284171314923211323
Cash Investing94-127-90-47-12621-158-7717330-218-105-876575-15-212-357
Cash Financing-351033955111-889112-156-2219256126-10351-69236240