STOCK TITAN

TBK - TBK STOCK NEWS

Welcome to our dedicated page for TBK news (Ticker: TBK), a resource for investors and traders seeking the latest updates and insights on TBK stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TBK's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TBK's position in the market.

Rhea-AI Summary

TriumphPay, a division of TBK Bank, has appointed Dan Curtis as the executive vice president and chief relationship management officer. Curtis, a seasoned professional with over 25 years in the logistics and financial sectors, will lead TriumphPay's client relationship team and identify key business drivers. He previously served as president of BNSF Logistics. Under his leadership, TriumphPay aims to enhance its offerings and client adoption, having already paid over 137,000 carriers since launching its open payments network earlier this year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary

Triumph Bancorp (Nasdaq: TBK) announced a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on September 30, 2022, to record holders by September 15, 2022.

Triumph Bancorp offers a diversified line of payments, factoring, and banking services from its headquarters in Dallas, Texas.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Summary

Triumph Bancorp, Inc. (Nasdaq: TBK) announced its Q2 2022 financial results, accessible via its investor relations website. A conference call for investors will be held on July 21, 2022, at 7:00 a.m. CT, led by CEO Aaron P. Graft and CFO Brad Voss. The company offers a range of financial services including payments, factoring, and banking, and the press release emphasizes the importance of reviewing risk factors that may affect future performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

Triumph Bancorp (Nasdaq: TBK) will announce its second quarter financial results after market close on July 20, 2022. The financial results and management commentary will be accessible on the company's website. A conference call with CEO Aaron P. Graft and CFO Brad Voss will follow on July 21, 2022, at 7:00 a.m. USCT. Investors can join the call through provided links or by dialing in. Triumph is a diversified financial holding company based in Dallas, Texas, offering various banking and payment services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Triumph Bancorp (Nasdaq: TBK) announced a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock (NASDAQ: TBKCP). Holders of depositary shares will receive $0.44525 per share. This dividend is payable on June 30, 2022, to shareholders on record by June 15, 2022.

Triumph Bancorp serves a variety of financial services including payments, factoring, and banking from its base in Dallas, Texas.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Summary

Cinemark Holdings (NYSE: CNK) announces a leadership transition as Carlos Sepulveda, previously Lead Director, succeeds Lee Roy Mitchell as Chairman effective May 19, 2022. Mitchell, who served for 26 years, remains a Board member, focusing on strategic opportunities. Sepulveda has been with Cinemark since 2007 and has significant executive experience, including as Chairman of Triumph Bancorp (NASDAQ: TBK). This transition aims to strengthen the Board's leadership and ensure ongoing success in the evolving entertainment landscape.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
Rhea-AI Summary

Triumph Bancorp (Nasdaq: TBK) has successfully completed a $50 million stock repurchase program, acquiring 709,795 shares at an average price of $70.41 per share. Following this, the Board approved an additional buyback program of up to $75 million, which allows shares to be repurchased through open market or negotiated transactions over the next year. The timing and amount of repurchases will depend on various market factors. Triumph emphasizes that the program is discretionary and may be modified or suspended at any time.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback
-
Rhea-AI Summary

Triumph Bancorp, Inc. (NASDAQ:TBK) will hold its annual shareholders' meeting on April 26, 2022, at 10:00 AM Central Time, accessible via live webcast. Aaron P. Graft, Vice Chairman and CEO, will review the Company's operational and financial results for 2021 and recent developments from Q1 2022. The webcast can be accessed through the Company's website or a direct link provided in the release. Triumph Bancorp offers a range of financial services, including payments, factoring, and banking.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Triumph Bancorp (Nasdaq: TBK) reported its first-quarter 2022 results, revealing a net income of $23.5 million and diluted earnings per share of $0.93. Net interest income was $100.1 million with a net interest margin of 7.68%. However, total loans decreased 2.9% to $4.724 billion, while deposits fell 6.8% to $4.332 billion. Significant amounts classified as held for sale were noted, including $80.8 million in factored receivables and $159.2 million in loans. The company also reported a nonperforming assets ratio of 0.87% and litigation against USPS regarding $19.4 million in misdirected payments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Fiserv (NASDAQ: FISV) has launched a redesigned user experience for its Premier core platform, significantly enhancing customer servicing and training. Over 50 clients contributed to the design process, leading to improvements in navigation, search functionality, and training time. The updates will benefit over 1,000 financial institutions and 145,000 employees, enabling faster customer service. Built on modern technologies like React and REST services, the new interface allows for frequent upgrades and seamless deployment, aligning with current user expectations and work environments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the market cap of TBK (TBK)?

The market cap of TBK (TBK) is approximately 1.5B.

TBK

Nasdaq:TBK

TBK Rankings

TBK Stock Data

1.49B
21.08M
5.7%
86.13%
5.95%
Banks—Regional
Financial Services
Link
United States
Dallas