Triumph Bancorp Debuts on Nasdaq as a Young and Growing Bank

Triumph Bancorp, newly listed on the Nasdaq Market, is in the demographic sweet spot of the nation seeing employment and housing growth. CEO Aaron Graft tells TheStreet’s Jill Malandrino Triumph offers traditional banking products as well as commercial finance products and a new, but rapidly growing investment management business. Of the three verticals, the community bank and commercial finance platform contribute the most equally to the bottom line. The commercial finance division, while smaller, contributes more in terms of profits relative to asset size. Graft explains Texas is Triumph’s third largest state in terms of loan production and the fasting growing. There is no question Texas is outperforming the nation as a whole. But, Graft says one way Triumph is unique as a community bank is it has exposure to national economic trends with its commercial finance business.