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Here's What Key Metrics Tell Us About Triumph Financial (TFIN) Q1 Earnings
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Triumph Financial (TFIN - Free Report) reported $101.03 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 3.2%. EPS of $0.14 for the same period compares to $0.43 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $106.01 million, representing a surprise of -4.69%. The company delivered an EPS surprise of -56.25%, with the consensus EPS estimate being $0.32.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Triumph Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency ratio: 89.5% versus 86.2% estimated by three analysts on average.
Average Interest Earning Assets: $4.74 billion versus $4.80 billion estimated by two analysts on average.
Net Interest Margin: 7.3% versus the two-analyst average estimate of 7.6%.
Total Noninterest Income: $15 million compared to the $15.26 million average estimate based on three analysts.
Net Interest Income: $86.04 million compared to the $90.38 million average estimate based on three analysts.
Shares of Triumph Financial have returned -0.5% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About Triumph Financial (TFIN) Q1 Earnings
Triumph Financial (TFIN - Free Report) reported $101.03 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 3.2%. EPS of $0.14 for the same period compares to $0.43 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $106.01 million, representing a surprise of -4.69%. The company delivered an EPS surprise of -56.25%, with the consensus EPS estimate being $0.32.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Triumph Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency ratio: 89.5% versus 86.2% estimated by three analysts on average.
- Average Interest Earning Assets: $4.74 billion versus $4.80 billion estimated by two analysts on average.
- Net Interest Margin: 7.3% versus the two-analyst average estimate of 7.6%.
- Total Noninterest Income: $15 million compared to the $15.26 million average estimate based on three analysts.
- Net Interest Income: $86.04 million compared to the $90.38 million average estimate based on three analysts.
View all Key Company Metrics for Triumph Financial here>>>Shares of Triumph Financial have returned -0.5% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.