Triumph Bancorp, Inc. (NASDAQ:TBK) Files An 8-K Other EventsItem 8.01.Other Events.
On October 29, 2018, Triumph Bancorp, Inc. (the “Company”) issued a press release announcing that its Board of Directors had authorized a share repurchase program of up to $25 million of the Company’s common stock. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
Exhibit |
Description |
99.1 |
Press release, dated October 29, 2018 |
EXHIBIT INDEX
Exhibit |
Description |
99.1 |
Press release, dated October 29, 2018 |
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Triumph Bancorp, Inc. ExhibitEX-99.1 2 tbk-ex991_22.htm EX-99.1 tbk-ex991_22.htm Exhibit 99.1 Triumph Bancorp Announces $25 Million Stock Repurchase Program DALLAS – October 29,…To view the full exhibit click here
About Triumph Bancorp, Inc. (NASDAQ:TBK)
Triumph Bancorp, Inc. is a financial holding company. Through its bank subsidiary, TBK Bank, SSB (TBK Bank), the Company offers banking services, as well as commercial finance products to businesses that require specialized financial solutions. The Company operates through four segments: Banking, Factoring, Asset Management and Corporate. The Factoring segment includes the operations of Advance Business Capital, LLC (doing business as Triumph Business Capital) with revenue derived from factoring services. The Banking segment includes the operations of TBK Bank, including loans originated under its TCF brand, and certain factored receivables, which are purchased by TBK Bank. The Asset Management segment includes operations of Triumph Capital Advisors, LLC, which manages collateralized loan obligation funds. The Corporate segment includes holding company financing and investment activities, and management and administrative expenses to support its operations.