Triumph Bancorp Reports Fourth Quarter Net Income to Common Stockholders of $6.1 Million and 2017 Annual Net Income to Common Stockholders of $35.4 Million
Triumph Bancorp, Inc. (TBK)
Last triumph bancorp, inc. earnings: 4/20 04:07 pm
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US:NASDAQ Investor Relations:
ir.triumphbancorp.com
Company Research
Source: GlobeNewswire
DALLAS, Jan. 22, 2018 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq:TBK) (“Triumph”) today announced earnings and operating results for the fourth quarter and full year of 2017. As part of how we measure our results, we use certain non-GAAP financial measures to ascertain performance. These non-GAAP financial measures are reconciled in the section labeled “Metrics and non-GAAP financial reconciliation” at the end of this press release. 2017 Fourth Quarter Highlights For the fourth quarter of 2017, net income was $6.3 million and net income available to common stockholders was $6.1 million, compared to net income of $9.8 million and net income available to common stockholders of $9.6 million for the quarter ended September 30, 2017. Diluted earnings per share were $0.29 for the quarter ended December 31, 2017, compared to $0.47 for the quarter ended September 30, 2017. Net income for the quarter ended December 31, 2017 was impacted by (i) an income tax charge of $3.0 million
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