Welcome to our dedicated page for Trinity Bank N.A news (Ticker: TYBT), a resource for investors and traders seeking the latest updates and insights on Trinity Bank N.A stock.
Trinity Bank N.A. (TYBT) provides comprehensive financial services through its Texas-based commercial banking operations. This news hub offers stakeholders timely updates on corporate developments, financial performance, and strategic initiatives essential for informed decision-making.
Access verified information including quarterly earnings reports, leadership announcements, and regulatory compliance updates. Our curated collection ensures investors and analysts can efficiently track the bank's operational milestones within the competitive financial sector.
Key updates cover earnings releases, product innovations, management changes, and responses to market conditions. All content maintains strict editorial standards to ensure accuracy and relevance for both professional and individual investors.
Bookmark this page for direct access to Trinity Bank's latest press releases and financial disclosures. Check regularly for authoritative updates on one of Texas' established commercial banking institutions.
Trinity Bank (OTC PINK:TYBT) has appointed Steve Lombardi as Executive Vice President and Chief Lending Officer. Lombardi joins from Prosperity Bank, where he served as Managing Director and head of the Fort Worth Corporate Banking Group. With 19 years of industry experience, he previously worked at LegacyTexas Bank and Bank of Texas.
Lombardi, a Fort Worth native and Texas Christian University graduate, will focus on leading strategic initiatives to drive growth and enhance customer relationships. He currently serves on the board of Downtown Fort Worth, Inc., and has held various non-profit board positions.
CEO Matt R. Opitz emphasized Lombardi's proven track record in customer service, conservative credit culture, and ability to develop young leaders. The appointment aligns with Trinity Bank's succession planning efforts and aims to provide additional capacity for continued growth.
Trinity Bank (OTC PINK:TYBT) has declared its 27th semiannual cash dividend of $0.95 per share, representing a 2.15% increase from the previous $0.93 dividend paid in October 2024. The dividend will be payable on April 30, 2025, to shareholders of record as of April 15, 2025.
Despite challenges in 2024 including high inflation, rate market uncertainty, and global conflicts, the bank achieved record earnings. Management states that Trinity Bank maintains strong positioning for continued growth, citing exceptional staff, strong customer base, supportive investors, significant liquidity, and robust capital.
The Board of Directors will review the dividend policy again in Fall 2025 after first-half 2025 operating results are available.
Trinity Bank N.A. (TYBT) reported strong financial results for Q4 and full-year 2024. Net Income after Taxes reached $8,458,000 in 2024, a 5.5% increase from $8,015,000 in 2023. Earnings per diluted share grew to $7.48, up 5.9% from $7.06 in 2023.
Q4 2024 was the most profitable quarter in the bank's history, with Net Income of $2,178,000, up 2.0% from Q4 2023. Key metrics include:
- Interest income increased 18.8% to $28,579,000
- Net Interest Income grew 14.0% to $17,607,000
- Total deposits increased 8.0% to $440,708,000
- Return on average assets was 1.70%
The bank reported strong growth in loans and deposits, with improved loan demand noted after the November election. Management remains focused on sound banking principles while investing in infrastructure, people, and technology for future growth.
Trinity Bank (OTC PINK:TYBT) reported Q3 2024 net income of $2,099,000, up 6.66% from Q3 2023. Earnings per diluted share reached $1.86, a 7.51% increase. For the first nine months of 2024, net income was $6,281,000, up 6.84% year-over-year. The bank's return on assets was 1.73% and return on equity 14.77%. Total deposits increased 4.8% to $429,139,000, while total loans reached $300,487,000. The bank announced its 26th semi-annual dividend of $0.93 per share, payable October 31, 2024.
Trinity Bank, N.A. (OTC Pink:TYBT) has announced a 5.7% increase in its cash dividend. The Board of Directors declared a dividend of $0.93 per share, payable on October 31, 2024, to shareholders of record as of October 15, 2024. This marks the bank's twenty-sixth semiannual cash dividend.
COO Richard Burt stated that Trinity Bank performed well in the first half of 2024 in terms of growth, asset quality, and operating efficiency. The bank maintains a strong Tier 1 Capital Ratio exceeding 16%, allowing it to share a portion of net income with shareholders. The Board will review the dividend policy again in spring 2025 after evaluating the second half of 2024 results.
Trinity Bank N.A. (OTC PINK:TYBT) reported strong financial results for Q2 2024 and the first half of the year. Net Income after Taxes for Q2 2024 was $2,154,000 or $1.91 per diluted share, a 10.4% increase from Q2 2023. For the first six months of 2024, Net Income after Taxes reached $4,181,000, up 6.9% from the same period in 2023. Earnings per diluted share for H1 2024 were $3.70, a 7.9% increase year-over-year.
CEO Matt R. Opitz highlighted Q2 2024 as Trinity Bank's best quarter since inception, praising the staff's dedication. Despite challenges like high inflation and an elevated rate environment, the bank reported a positive business climate in North Texas. Trinity Bank maintains strong liquidity and capital positions, ready for continued growth opportunities.
Trinity Bank has been named one of the 2024 Top-Performing Banks by American Banker. The recognition highlights the bank's status as one of the best publicly traded banks with assets under $2 billion. The accolade is based on data from year-end 2023, showing that these banks had a lower median efficiency ratio, higher median net interest margin, and stronger median net loan growth compared to other community banks.
Matt R. Opitz, CEO of Trinity Bank, attributed the success to the bank's conservative management practices and the dedication of its staff. Established in 2003, Trinity Bank aims to provide personalized banking services to the North Texas community while maintaining the high standards of a larger institution. More information is available on their website at trinitybk.com.
Trinity Bank N.A. (OTC PINK:TYBT) reported a 5.9% increase in first-quarter earnings, reaching $1.80 per share. With a return on assets of 1.65% and return on equity of 15.04%, the bank's net income after taxes rose to $2,028,000. The bank remains focused on asset quality and liquidity amidst economic volatility, with plans for technology upgrades and a 25th consecutive dividend increase.
