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Triumph Bancorp files for a $100 million IPO

September 22, 2014
TBK

Triumph Bancorp, which offers community banking, factoring and lending primarily in the Midwest, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Dallas, TX-based company, which was founded in 2010 and booked $73 million in net interest and noninterest income for the 12 months ended June 30, 2014, plans to list on the NASDAQ under the symbol TBK. Triumph Bancorp initially filed confidentially on August 8, 2014. Sandler O'Neill and Evercore Partners are the joint bookrunners on the deal. No pricing terms were disclosed.