Triumph Bancorp Reports Second Quarter Net Income to Common Stockholders of $27.2 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
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Source: GlobeNewswire
DALLAS, July 21, 2021 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) (“Triumph” or the “Company”) today announced earnings and operating results for the second quarter of 2021. 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. 2021 Second Quarter Highlights For the second quarter of 2021, net income to common shareholders was $27.2 million, and diluted earnings per share were $1.08.Adjusted diluted earnings per share were $1.17 for the second quarter of 2021, which exclude transaction costs related to the acquisition of HubTran, Inc., net of taxes.Net interest income was $90.3 million.Non-interest income was $13.9 million.Non-interest expense was $70.8 million, including $3.0 million of transaction costs related to the HubTran, Inc. acquisition.Net interest margi
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