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Triumph Bancorp Launches Initial Public Offering of Common Stock

DALLAS, Oct. 27, 2014 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. ("Triumph") announced today that it has launched an initial public offering of shares of its common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the "SEC"). Triumph is offering 6,700,000 shares of common stock at an expected price range between $14.00 and $16.00 per share. Triumph has also granted the underwriters a 30-day option to purchase up to an additional 1,005,000 shares to cover over-allotments, if any. The common stock is expected to trade on the NASDAQ Global Select Market under the symbol "TBK".

Sandler O'Neill + Partners, L.P., Evercore and Wells Fargo Securities, LLC will act as joint book-runners for the offering. Keefe Bruyette & Woods, Inc. and Nomura Securities International, Inc. will act as co-managers for the offering.

The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from Sandler O'Neill + Partners, L.P., Attention: Prospectus Department, 1251 Avenue of the Americas, 6th Floor, New York, NY 10020, telephone: 1-866-805-4128 or email: syndicate@sandleroneill.com; Evercore, Attention: Equity Capital Markets , 55 East 52nd Street, 36th Floor, New York, NY 10055,telephone: 1-877-993-2673; or Wells Fargo Securities, LLC , Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152-4077, telephone: 1-800-326-5897 or email:cmclientsupport@wellsfargo.com.

About Triumph

Triumph Bancorp is a financial holding company with a diversified line of community banking, specialty finance and asset management activities.

Important Information

The registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, including with respect to the proposed initial public offering. Forward-looking statements may generally be identified by the use of words such as "anticipate," "believe," "expect," "intend," "plan," and "will" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. As a result, actual events may differ materially from those expressed in or suggested by the forward-looking statements. Any forward-looking statement made by Triumph in this press release speaks only as of the date hereof. New risks and uncertainties come up from time to time, and it is impossible for Triumph to predict these events or how they may affect it. Triumph has no obligation, and does not intend, to update any forward-looking statements after the date hereof, except as required by federal securities laws.

CONTACT: Investor Relations: Luke Wyse Vice President, Finance & Investor Relations lwyse@triumphllc.com 214-365-6936 Media Contact: Amanda Tavackoli Vice President, Marketing & Communication atavackoli@triumphllc.com 214-365-6930

Source:Triumph Bancorp, Inc.