NEW YORK, Nov. 7, 2014 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of common stock of Triumph Bancorp, Inc. (Nasdaq:TBK), a Dallas, Texas-based financial holding company with a diversified line of community banking, commercial finance and asset management activities, commenced on The Nasdaq Global Select Market on November 7, 2014.
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Triumph Bancorp serves its local communities through two wholly owned bank subsidiaries, Triumph Savings Bank, SSB and Triumph Community Bank, N.A. These operations include a full suite of lending and depository products and services focused on meeting the needs of the customers in its community banking markets. Triumph also serves a broad national customer base through its commercial finance brands, which include discount factoring through Triumph Business Capital, equipment lending and general asset based lending through Triumph Commercial Finance, healthcare asset based lending through Triumph Healthcare Finance, and commercial insurance through Triumph Insurance Group. Triumph offers institutional asset management services through Triumph Capital Advisors.
"Triumph provides specialized financial services as well as traditional banking products to meet the needs of their customers today and tomorrow," said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. "We congratulate Triumph Bancorp on their initial public offering and look forward to celebrating many more milestones in the future."
By listing with Nasdaq, Triumph Bancorp joins many of the world's largest companies. Nasdaq has been the exchange of choice to 61 percent of financial companies listed in the U.S. markets year-to-date.
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Source:The NASDAQ OMX Group, Inc.