Streetbeat News

TRUX

Truxton Corp

Industry

Commercial Banking

Open

79.00

Mkt cap

226M

Volume

400

High

79.50

P/E Ratio

13.65

52-wk high

81.45

Low

78.50

Div yield

0.03

52-wk low

60.00

Truxton Corporation, a small bank with a $218M market cap, maintains a 'buy' rating due to high asset quality and growth. Despite mixed balance sheet results, the latest fiscal quarter shows impressive income statement growth, with net interest income rising and non-interest income boosted by a non-recurring payment and increased wealth management services revenue.

Portfolio Pulse from

February 18, 2025 | 3:00 pm

Truxton has announced the addition of several new colleagues over the past two months, indicating a focus on expanding its team and capabilities.

Portfolio Pulse from

February 05, 2025 | 6:45 pm

Truxton Corporation has announced a 16% increase in its quarterly cash dividend for 2025, a special cash dividend, and a $5 million share repurchase authorization.

Portfolio Pulse from

January 30, 2025 | 2:15 pm

Truxton Corporation, a financial firm with a market cap of $212 million, is recommended as a soft 'buy' due to its consistent growth and high asset quality. The company operates in banking, investment management, and trust administration, with significant exposure to the wealth management industry. Its net interest and non-interest income have been increasing, driven by growth in loans, deposits, and assets under management.

Portfolio Pulse from

November 23, 2024 | 11:00 am

Truxton Capital Advisors has announced new leadership appointments to support its growth and strategic direction.

Portfolio Pulse from

November 19, 2024 | 4:00 pm

Truxton has promoted Will Young to Vice President of Information Technology and Kaci Goodall to Team Lead of Deposit Operations.

Portfolio Pulse from

November 12, 2024 | 9:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.