Triumph Financial Earnings Reports

Triumph Financial recorded a net loss of $784,000 in Q1 2025, or $(0.03) per diluted share, impacted by nearly $3 million in non-core expenses. Revenue reached $102.3 million. Key initiatives such as LoadPay and Factoring-as-a-Service are in the final stages of rollout and expected to contribute more materially in the second half.

Triumph Financial reported a net income of $3.0 million, or $0.13 per diluted share, for the fourth quarter of 2024. The company focused on strategic initiatives, including reaching over 50% network density in brokered freight and the acquisition of Isometric Technologies, while managing expenses and investing in technology.

Triumph Financial reported a net income to common stockholders of $4.5 million, or $0.19 per diluted share, for the third quarter. Expenses were within the target range, and TriumphPay returned to a positive EBITDA.

Triumph Financial reported net income to common stockholders of $1.9 million, or $0.08 per diluted share, for the second quarter of 2024. The company faced challenges due to the ongoing freight recession and increased expenses related to technology investments. Despite these headwinds, Triumph Financial continued to invest in its technology platform and network development, with a focus on achieving critical mass and long-term value creation.

Triumph Financial reported net income of $3.4 million, or $0.14 per diluted share, for the first quarter of 2024. The results were impacted by a freight recession, credit costs, and planned investments in initiatives like LoadPay. TriumphPay's proportion of all brokered freight reached approximately 44%.

Triumph Financial reported net income available to common stockholders of $8.8 million, or $0.37 per diluted share, for the fourth quarter. TriumphPay achieved its EBITDA margin goal one year ahead of schedule despite a freight recession. The bank segment experienced elevated credit noise, which weighed on earnings relative to prior quarters.

Triumph Financial reported a net income of $12.0 million, or $0.51 per diluted share, for the third quarter. TriumphPay's revenue grew by 16.7%, and its EBITDA margins improved to (15)%. Non-interest expenses declined by about $4 million relative to the last quarter.

Triumph Financial reported a net income of $6.8 million, or $0.29 per diluted share, for the second quarter of 2023. The results were impacted by the ongoing freight recession and rising funding costs, but TriumphPay demonstrated significant momentum.

Triumph Financial reported a net income of $10.2 million, or $0.43 per diluted share, for the first quarter. The decrease in earnings was primarily driven by a $7.8 million decline in factoring revenue due to lower invoice prices and seasonal weakness. Despite market headwinds, TriumphPay made progress, and the company focused on improving operations and managing risks.

Triumph Financial reported a net income available to common stockholders of $16.8 million, or $0.67 per diluted share, for Q4 2022. The company focused on its transportation businesses, with factoring and payments segments showing growth in clients, invoices, and transaction volume. TriumphPay achieved self-funding status during the quarter, contributing excess non-interest bearing deposits back to the enterprise.

Triumph Financial reported a net income to common stockholders of $15.4 million, or $0.62 per diluted share, for the third quarter of 2022. TriumphPay's invoice volume increased 6.6%, and network transaction volume increased 21.7% despite freight market headwinds.

Triumph Financial reported a strong second quarter with net income to common stockholders of $43.4 million, or $1.74 per diluted share. The company saw significant growth in its payments and factoring segments, while also making strides in its banking segment through strategic initiatives focused on capital efficiency and credit quality.

Triumph Bancorp reported a net income to common shareholders of $23.5 million, with diluted earnings per share at $0.93 for the first quarter of 2022. The company experienced a decrease in total loans held for investment and deposits, driven by the classification of a portion of such assets and deposits to held for sale.

Triumph Bancorp reported a net income to common shareholders of $25.8 million, with diluted earnings per share of $1.02 for the fourth quarter of 2021. The company's net interest income was $104.1 million, and non-interest income reached $14.3 million.

Triumph Bancorp reported a net income to common shareholders of $23.6 million, with diluted earnings per share of $0.94 for the third quarter of 2021. The company's net interest income was $91.8 million, and non-interest income totaled $12.1 million.

Triumph Bancorp reported a net income to common shareholders of $27.2 million for the second quarter of 2021, with diluted earnings per share of $1.08. Adjusted diluted earnings per share were $1.17, excluding transaction costs related to the acquisition of HubTran, Inc., net of taxes. The company's net interest income was $90.3 million, and non-interest income was $13.9 million.

Triumph Bancorp reported a net income to common shareholders of $33.1 million, with diluted earnings per share of $1.32 for the first quarter of 2021. The company's net interest income was $83.0 million, and non-interest income was $14.3 million, including a $4.7 million gain on indemnification asset related to the Transport Financial Solutions acquisition.

Triumph Bancorp reported a strong fourth quarter with net income to common shareholders of $31.3 million and diluted earnings per share of $1.25. Key drivers included net interest income of $83.6 million and non-interest income of $22.4 million, partially offset by non-interest expense of $59.3 million and credit loss expense of $4.7 million. The company also saw growth in total loans and deposits during the quarter.

Triumph Financial reported a net income available to common stockholders of $22.0 million for the third quarter of 2020, with diluted earnings per share of $0.89 and adjusted diluted earnings per share of $0.91.

Triumph Bancorp reported a net income available to common stockholders of $13.4 million for the second quarter of 2020, with diluted earnings per share of $0.56. The company recorded a total credit loss expense of $13.6 million and managed short-term deferrals on loan balances of $571.8 million to assist customers impacted by COVID-19. The balance sheet reflected a growth in total loans held for investment and an increase in total deposits.

Triumph Bancorp reported a net loss of $4.5 million for the first quarter of 2020, with diluted losses per share of $0.18. The company adopted the CECL model on January 1, 2020, and recorded a total credit loss expense of $20.3 million for the quarter.

Triumph Bancorp reported a net income available to common stockholders of $16.7 million for the fourth quarter of 2019, with diluted earnings per share of $0.66. The net interest margin was 5.72%. Total loans held for investment decreased slightly to $4.195 billion, while deposits increased to $3.790 billion.