Triumph

Triumph Bancorp Announces Dividend for 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Retrieved on: 
Wednesday, August 31, 2022

DALLAS, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (the Company) (Nasdaq: TBK) today announced the Companys Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ: TBKCP), each representing a 1/40th interest in a share of preferred stock.

Key Points: 
  • DALLAS, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (the Company) (Nasdaq: TBK) today announced the Companys Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ: TBKCP), each representing a 1/40th interest in a share of preferred stock.
  • The dividend is payable on September 30, 2022, to holders of record at the close of business on September 15, 2022.
  • Triumph Bancorp, Inc. (Nasdaq: TBK) is a financial holding company headquartered in Dallas, Texas, offering a diversified line of payments, factoring, and banking services.
  • Forward-looking statements speak only as of the date made, and Triumph undertakes no duty to update the information.

Plataine Announces HoneycombOptimizer - A Dynamic and Highly Efficient Optimization Solution for Honeycomb Cutting

Retrieved on: 
Thursday, July 28, 2022

WALTHAM, Mass., July 28, 2022  /PRNewswire-PRWeb/ -- Plataine, a leading provider of AI-based manufacturing optimization solutions, announced today the release of HoneycombOptimizer, a part of Plataine's integrated Total Production Optimization (TPO) suite, designed to specifically address the challenges of 3-axis honeycomb cutting operations. HoneycombOptimizer has a dynamic and highly efficient nesting algorithm, resulting in high material utilization, improved throughput, enhanced quality control, and fast and measurable ROI. The solution enables flexible and easy processing of work orders as well as automatically generating optimal cut plans resulting in up to 10% material savings.

Key Points: 
  • HoneycombOptimizer has a dynamic and highly efficient nesting algorithm, resulting in high material utilization, improved throughput, enhanced quality control, and fast and measurable ROI.
  • HoneycombOptimizer automatically considers two-sided cutting for laminated honeycomb (sheet flipping during the cutting process) and optimizes inventory management including use of remnants, as well as reducing time on machine set-up and tool changing.
  • Plataine's software has full visibility of the production floor's overall performance, eliminates errors and drives process standardization to reach operational excellence.
  • Avner Ben-Bassat, President & CEO at Plataine, says: "We are delighted to add new optimization capabilities to improve material utilization for honeycomb cutting operations.

Knowles Appoints Daniel J. Crowley to its Board of Directors

Retrieved on: 
Tuesday, July 26, 2022

He served as Triumphs President and Chief Executive Officer and as a director since 2016, and as its Chairman since 2020.

Key Points: 
  • He served as Triumphs President and Chief Executive Officer and as a director since 2016, and as its Chairman since 2020.
  • We are delighted to welcome Dan to Knowles Board of Directors.
  • Mr. Crowley will also serve as a member of the Compensation Committee of Knowles Board of Directors.
  • Founded in 1946 and headquartered in Itasca, Illinois, Knowles is a global organization with employees in over a dozen countries.

Triumph Bancorp Releases Second Quarter 2022 Financial Results

Retrieved on: 
Wednesday, July 20, 2022

DALLAS, July 20, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) has released its second quarter 2022 financial results.

Key Points: 
  • DALLAS, July 20, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) has released its second quarter 2022 financial results.
  • The Q2 2022 financial results and shareholder letter are available on the investor relations section of the Companys website at ir.triumphbancorp.com through the News & Events, Webcasts & Presentations links.
  • Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 7:00 a.m. CT on Thursday, July 21, 2022.
  • Triumph Bancorp, Inc. (Nasdaq: TBK) is a financial holding company headquartered in Dallas, Texas, offering a diversified line of payments, factoring, and banking services.

Triumph Real Estate Investment Fund II Acquires Phoenix Suburban Office for $4,400,000

Retrieved on: 
Wednesday, July 20, 2022

PHOENIX, AZ, July 20, 2022 (GLOBE NEWSWIRE) -- Triumph Real Estate Investment Fund II (Triumph), a Canadian investment fund based in Calgary, Alberta, has acquired 4130 E Van Buren St. Phoenix AZ.

Key Points: 
  • PHOENIX, AZ, July 20, 2022 (GLOBE NEWSWIRE) -- Triumph Real Estate Investment Fund II (Triumph), a Canadian investment fund based in Calgary, Alberta, has acquired 4130 E Van Buren St. Phoenix AZ.
  • Triumph Real Estate Investment Fund was represented by Keri Davies, Jason Reddington, and Jon Rosenberg of LevRose Real Estate/TCN Worldwide in Scottsdale AZ.
  • We are excited to add a fourth property to the Triumph Fund II portfolio.
  • LevRose Commercial Real Estate is a market leader in commercial real estate services in the Greater Phoenix metro area.

TRIUMPH RECEIVES ORDER FOR ENHANCED DIGITAL ELECTRONIC CONTROL UNITS FOR U.S. ARMY

Retrieved on: 
Tuesday, July 19, 2022

This order is part of a five-year contract to complete the upgrade of approximately 3,100 digital electronic control units on the two fleets.

Key Points: 
  • This order is part of a five-year contract to complete the upgrade of approximately 3,100 digital electronic control units on the two fleets.
  • TRIUMPH will partner with military fleet logistics providers to facilitate the upgrades of the remaining EDECUs in the field.
  • "TRIUMPH is proud to provide the latest P09 upgrade EDECU which further improves safety and reliability throughout the flight envelope.
  • The P09 version of the Enhanced Digital Engine Control Units for T700 series engines is used across multiple military helicopter platforms," said Justin Wolfanger, President of TRIUMPH Systems, Electronics & Controls.

TRIUMPH AND MOOG ENTER INTO 787 MRO AGREEMENT

Retrieved on: 
Tuesday, July 19, 2022

BERWYN, Pa., July 19, 2022 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] and Moog Inc. have entered into a four-year agreement to provide maintenance, repair and overhaul (MRO) solutions for Boeing 787 landing gear and cargo door actuation control systems through Moog's Aftermarket Total Support Program (MTS) for an Asia Pacific operator.

Key Points: 
  • BERWYN, Pa., July 19, 2022 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] and Moog Inc. have entered into a four-year agreement to provide maintenance, repair and overhaul (MRO) solutions for Boeing 787 landing gear and cargo door actuation control systems through Moog's Aftermarket Total Support Program (MTS) for an Asia Pacific operator.
  • This work will be performed at TRIUMPH Actuation Products and Services hydraulic actuation centers of excellence in Yakima, Washington and Clemmons, North Carolina.
  • TRIUMPH is uniquely positioned as the OEM manufacturer of these 787 actuation products to provide the highest level of technical and customer MRO support.
  • The addition of TRIUMPH products into this program provides a broader integrated service to 787 operators with seamless OEM support.

FERODO Racing Brings Performance Braking Expertise to Conventional and Electric Bicycles

Retrieved on: 
Tuesday, July 12, 2022

KONTICH, Belgium, July 12, 2022 /PRNewswire/ -- FERODO Racing's unparalleled success at the highest levels of two- and four-wheel competition has resulted in the development of a new range of top-performing brake pads, discs and fluid for conventional and electric bicycles. The new FERODO offer that will be introduced in the occasion of Eurobike 2022 (July 12-17) in Frankfurt, Germany (Hall 11.1, Stand D01B), enables mountain bikers, road racers and other biking enthusiasts to enjoy the brand's "power of performance," including exceptional braking precision response and outstanding reliability in all operating environments.

Key Points: 
  • FERODO introduces a new range of top-performing brake pads, discs and fluid for conventional and electric bicycles.
  • FERODO brakes are a leading choice of premier teams in dozens of two- and four-wheel racing series.
  • "Our new bicycle and eBike range is a natural extension of FERODO's braking expertise in the motorcycle category," said Sergio Bonfanti, FERODO Racing Managing Director.
  • FERODO brakes for bicycles and eBikes are the latest in the brand's more than 125-year history of braking innovations.

Riders Share Expands Las Vegas Private Motorcycle Rental with Flexible Options

Retrieved on: 
Tuesday, July 12, 2022

Austin, Texas--(Newsfile Corp. - July 12, 2022) - Riders Share has expanded its private motorcycle rental service throughout Las Vegas, Nevada.

Key Points: 
  • Austin, Texas--(Newsfile Corp. - July 12, 2022) - Riders Share has expanded its private motorcycle rental service throughout Las Vegas, Nevada.
  • To benefit from the motorcycle rental service in Las Vegas, riders begin by searching the platform for their favorite option.
  • The rental service allows Las Vegas residents to ride their favorite bike without obligation.
  • A spokesperson for the company states: "Riders Share is motorcycle rentals done right.

Triumph Bancorp Announces Schedule for 2nd Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Thursday, July 7, 2022

DALLAS, July 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) today announced that it expects to release its second quarter financial results and management commentary after the market closes on Wednesday, July 20, 2022.

Key Points: 
  • DALLAS, July 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) today announced that it expects to release its second quarter financial results and management commentary after the market closes on Wednesday, July 20, 2022.
  • Alternatively, a live conference call option is available by dialing 1-800-343-4849 (International: +1-785-424-1699) requesting to be joined to conference ID Triumph at the operator prompt.
  • Triumph Bancorp, Inc. (Nasdaq: TBK) is a financial holding company headquartered in Dallas, Texas, offering a diversified line of payments, factoring, and banking services.
  • Forward-looking statements speak only as of the date made and Triumph undertakes no duty to update the information.