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Mar 31, 2022
Triumph Financial Q1 2022 Earnings Report
Reported net income to common stockholders of $23.5 million.
Key Takeaways
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.
Net income to common shareholders was $23.5 million, and diluted earnings per share were $0.93.
Net interest income was $100.1 million.
TriumphPay processed 4.0 million invoices paying carriers a total of $5.701 billion.
Total loans held for investment decreased $143.5 million, or 2.9%, during the first quarter to $4.724 billion.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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