Thursday, October 29, 2020


TBK Triumph Bancorp, Inc. gains 46% Oct 29, 2020

Triumph Bancorp, Inc., a financial holding company, provides banking and commercial finance products and services to businesses in the United States. The company operates through four segments: Banking, Factoring, Asset Management, and Corporate. It offers depository products, including checking, savings, and money market accounts, as well as certificates of deposit; and commercial and industrial loans, loans to purchase capital equipment, and business loans for working capital and operational purposes. The company also provides asset-based, equipment, and healthcare loans; premium finance loans; real estate loans to finance commercial properties; factoring services to the transportation and non-transportation sectors; agriculture loans; commercial construction, land, and land development loans; mortgage warehouse loans; residential real estate loans; and consumer loans. In addition, it offers asset management services; debit cards; electronic banking, trust, and treasury management services; insurance brokerage services; and investment management services primarily for institutional clients. As of December 31, 2016, the company operated 10 branches in the Quad Cities Metropolitan Area of Iowa and Illinois; 7 branches in central and northwestern Illinois; 1 branch in northeastern Illinois; 16 branches in eastern Colorado; 2 branches in far western Kansas; and loan production offices in Portland, Oregon, Kansas City, Missouri, and Colorado Springs, Colorado, as well as 1 additional branch office in Dallas, Texas. Triumph Bancorp, Inc. is headquartered in Dallas, Texas.

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