Triumph Bancorp reported Q2/15 net income of $4.457 million was up 95% compared to $2.285 million in Q2/14. Earnings per share of $0.25 for the quarter exceeded analysts’ expectations of $0.17 EPS.
The following highlights were excerpted from the news release:
“Our second quarter 2015 results were strong with a significant rebound from the slower growth experienced due to seasonality in the first quarter,” said Aaron P. Graft, chief executive officer, Triumph Bancorp. “Each of the products in our commercial finance loan portfolio experienced net growth and our loan yields and net interest margin continue to rank near the top of our industry.”
Access the full Triumph Bancorp news release here.
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