Triumph Financial Inc

Triumph Financial, Inc. operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services. The Banking segment relates to operations of TBK Bank, including loans originated under Triumph Commercial Finance, Triumph Healthcare Finance, and Triumph Premium Finance brands. The Corporate segment refers to the financing and investment activities, as well as the management and administrative expenses. The company was founded by Aaron P. Graft in November 2010 and is headquartered in Dallas, TX.

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TFIN reports resilient Q1 performance amidst freight market challenges

TFIN's Q1 2023 earnings call highlighted TriumphPay's resilience in a challenging freight market. While facing deposit cost pressures, the company remains confident in its profitability and aims for market expansion and new offerings.

TriumphPay shows resilience in challenging market, eyes revenue growth

TFIN faced challenges in the freight environment but TriumphPay demonstrated growth and profitability. The company is working towards EBITDA breakeven and expects TriumphPay to be more efficient at scale. TriumphPay's strategy involves partnering with companies in the shipper market, providing access to the payments network, and leveraging data to make efficient decisions.

Triumph Financial reports strong Q3 performance amidst soft freight market

Overall, Triumph Financial showcased strong performance and confidence in its credit approach, while also acknowledging challenges in the soft freight market and nonperforming assets. The company is poised for growth with opportunities in expense management and network expansion.

Triumph Financial reports resilient performance and growth opportunities in Q4

Triumph Financial demonstrates resilience and proactive management in navigating freight challenges, achieving breakeven ahead of schedule. The company faces potential near-term earnings impact from interest rates and weak transportation but is actively pursuing growth opportunities through international payment capabilities and transportation data monetization.

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Triumph Financial, Inc. is a holding company, which engages in offering traditional banking and financial solutions. It operates through the following segments: Banking, Factoring, Payments, and Corporate. The Banking segment relates to traditional banking services. The Factoring segment includes the operations of Triumph Business Capital, which offers factoring services. The Payments segment offers a payment network for the over-the-road trucking industry. The Corporate segment refers to the financing, investment activities, management and administrative expenses. The company was founded by Aaron P. Graft on November 10, 2003 and is headquartered in Dallas, TX.

DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (NASDAQ:TFIN) (“the Company”) will be holding its Annual Meeting of Stockholders on April 23, 2024 at 8:30 AM central time.  The Company will host a live webcast of the annual meeting.

Triumph Financial to Live Stream Annual Meeting

Triumph Financial, Inc. (NASDAQ:TFIN ) Q1 2024 Earnings Conference Call April 18, 2024 10:30 AM ET Company Participants Luke Wyse - Senior Vice President, Head of Investor Relations Aaron Graft - Founder, Vice Chairman and Chief Executive Officer Melissa Forman - President, TriumphPay Todd Ritterbusch - President, TBK Bank Tim Valdez - President, Factoring Division Brad Voss - Executive Vice President and Chief Financial Officer Conference Call Participants Joseph Yanchunis - Raymond James Thomas Wendler - Stephens Tim Switzer - KBW Hal Goetsch - B. Riley Securities Frank Schiraldi - Piper Sandler Gary Tenner - D.A.

Triumph Financial, Inc. (TFIN) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Triumph Financial (TFIN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Triumph Financial (TFIN) Q1 Earnings

DALLAS, April 17, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) has released its first quarter 2024 financial results. The 1Q 2024 financial results and shareholder letter are available on the Company's website at tfin.com through the News & Events, Events & Presentations links.

Triumph Financial Releases First Quarter 2024 Financial Results

Besides Wall Street's top -and-bottom-line estimates for Triumph Financial (TFIN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Unveiling Triumph Financial (TFIN) Q1 Outlook: Wall Street Estimates for Key Metrics

DALLAS, April 05, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) today announced that it expects to release its first quarter financial results and management commentary after the market closes on Wednesday, April 17, 2024. Upon filing, the financial results and commentary will be available on the Company's website at tfin.com.

Triumph Financial Announces Schedule for First Quarter 2024 Earnings Release and Conference Call

DALLAS, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (the “Company”) (Nasdaq: TFIN) today announced that the Company's 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: TFINP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on March 30, 2024, to holders of record at the close of business on March 15, 2024.

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

DALLAS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (the "Company") (Nasdaq: TFIN), a financial holding company focused on payments, factoring and banking, announced today the appointment of Michelle Holmes as executive vice president, chief marketing officer ("CMO"). In her position, Michelle will oversee corporate marketing and communication to elevate and drive growth for Triumph Financial and across its three brands: TriumphPay, Triumph, and TBK Bank.

Triumph Financial Appoints Michelle Holmes to Chief Marketing Officer

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DALLAS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- TriumphPay, the payments network for the freight transportation industry, today announced the addition of two new senior hires to its sales leadership team. Rick Jackson has been appointed senior vice president and shipper sales leader, and John Bender has been appointed senior vice president and broker/factor sales leader.

TriumphPay Announces Addition of Two New Hires to Sales Leadership Team

DALLAS, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Triumph, a member of the Triumph Financial, Inc. (Nasdaq: TFIN) portfolio of brands and a leading provider of working capital financing solutions to the transportation industry, announced today the appointment of Kim Fisk as EVP, Chief Operating Officer (“COO”) of its factoring division. In her new position, Fisk will utilize her extensive experience and expertise to drive the company's growth and success.

Triumph Appoints Kim Fisk to Chief Operating Officer of Factoring Division

Triumph Financial, Inc. (TFIN) Q4 2023 Earnings Call Transcript

The headline numbers for Triumph Financial (TFIN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Triumph Financial (TFIN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

DALLAS, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) has released its fourth quarter 2023 financial results. The 4Q 2023 financial results and shareholder letter are available on the Company's website at tfin.com through the News & Events, Events & Presentations links.

Triumph Financial Releases Fourth Quarter 2023 Financial Results

Beyond analysts' top -and-bottom-line estimates for Triumph Financial (TFIN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Stay Ahead of the Game With Triumph Financial (TFIN) Q4 Earnings: Wall Street's Insights on Key Metrics

Triumph Financial (TFIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Triumph Financial (TFIN) to Report a Decline in Earnings: What to Look Out for

DALLAS, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) today announced that it expects to release its fourth quarter financial results and management commentary after the market closes on Tuesday, January 23, 2024. Upon filing, the financial results and commentary will be available on the Company's website at tfin.com.

Triumph Financial Announces Schedule for Fourth Quarter 2023 Earnings Release and Conference Call

DALLAS, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) today announced that Aaron Graft, Vice Chairman and CEO, will present at the Stephens Annual Investment Conference on November 14, 2023, in Nashville, Tennessee. Triumph Financial, Inc.'s presentation is scheduled to begin at 10:00 a.m. CST. The presentation will be webcast live and may be accessed through this direct link, https://wsw.com/webcast/stph34/tfin/1833958 or via the Company's website at tfin.com through the News & Events, Events & Presentations links.

Triumph Financial to Present at the Stephens Annual Investment Conference on November 14, in Nashville, Tennessee

DALLAS, Oct. 31, 2023 (GLOBE NEWSWIRE) -- TriumphPay announced today the addition of Coyote Logistics to its open payments network. The TriumphPay open payments network has rapidly expanded since its launch in January 2022, now with over 30 of the top 50 U.S. brokers as clients, creating a more secure hub for the presentment, audit and payment of invoices in the transportation industry.

Coyote Logistics Joins the TriumphPay Payments Network

Triumph Financial, Inc. (NASDAQ:TFIN ) Q3 2023 Earnings Conference Call October 20, 2023 10:30 AM ET Company Participants Luke Wyse - Senior Vice President, Finance and Investor Relations Aaron Graft - Founder, Vice Chairman, and Chief Executive Officer Melissa Forman - President Todd Ritterbusch - President,TBK Bank, SSB Tim Valdez - President Brad Voss - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Perito - KBW Thomas Wendler - Stephens Gary Tenner - D.A. Davidson Hal Goetsch - B.

Triumph Financial, Inc. (TFIN) Q3 2023 Earnings Call Transcript

Triumph Financial (TFIN) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.62 per share a year ago.

Triumph Financial (TFIN) Tops Q3 Earnings Estimates

Although the revenue and EPS for Triumph Financial (TFIN) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Triumph Financial (TFIN) Reports Q3 Earnings: What Key Metrics Have to Say

DALLAS, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) has released its third quarter 2023 financial results. The 3Q 2023 financial results and shareholder letter are available on the Company's website at tfin.com through the News & Events, Events & Presentations links.

Triumph Financial Releases Third Quarter 2023 Financial Results

DALLAS, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) today announced that it expects to release its third quarter financial results and management commentary after the market closes on Thursday, October 19, 2023. Upon filing, the financial results and commentary will be available on the Company's website at tfin.com.

Triumph Financial Announces Schedule for Third Quarter 2023 Earnings Release and Conference Call

DALLAS, Aug. 22, 2023 (GLOBE NEWSWIRE) -- TriumphPay announced today the addition of Knight-Swift Transportation (NYSE: KNX) to its open payments network as a full audit and payments network participant. The TriumphPay open payments network has rapidly expanded since its launch in January 2022, now with over 30 of the top 50 U.S. brokers as clients, creating a more secure hub for the presentment, audit and payment of invoices in the transportation industry.

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