Triumph Financial (TFIN) Financials

$62.91 -0.09 (-0.15%)

Closing price 09/18/2026 03:59 PM Eastern

Extended Trading

$62.92 +0.02 (+0.03%)

As of 09/18/2026 07:30 PM Eastern

Annual Income Statements for Triumph Financial

This table shows Triumph Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	28	20	35	51	59	62	110	99	38	13	22
Consolidated Net Income / (Loss)	29	21	36	52	59	64	113	102	41	16	25
Net Income / (Loss) Continuing Operations	29	21	36	52	59	64	113	102	41	16	25
Total Pre-Tax Income	38	34	61	67	75	85	145	137	53	20	33
Total Revenue	124	133	196	250	287	345	424	485	418	416	439
Net Interest Income / (Expense)	91	112	156	227	256	285	369	400	368	350	351
Total Interest Income	99	124	177	263	311	322	388	419	422	423	430
Loans and Leases Interest Income	96	84	122	161	196	198	184	181	228	375	220
Investment Securities Interest Income	2.56	40	54	99	112	123	203	232	181	24	196
Deposits and Money Market Investments Interest Income	0.47	0.65	1.45	3.29	3.06	0.71	0.61	6.41	13	24	14
Total Interest Expense	8.11	12	22	36	55	37	18	19	54	72	80
Deposits Interest Expense	6.91	9.16	13	23	40	27	9.70	10	34	56	64
Long-Term Debt Interest Expense	1.12	2.26	5.30	6.09	6.46	7.48	8.22	7.87	9.70	9.35	6.75
Other Interest Expense	0.08	0.72	3.16	6.78	8.56	2.51	0.51	0.84	10	6.48	9.06
Total Non-Interest Income	33	21	41	23	32	60	55	84	50	65	88
Other Service Charges	16	7.45	8.39	5.55	9.71	26	18	24	4.48	15	9.07
Net Realized & Unrealized Capital Gains on Investments	17	-1.48	20	0.29	0.41	15	2.76	21	0.27	0.21	15
Other Non-Interest Income	-	15	12	17	21	19	34	39	45	50	64
Provision for Credit Losses	4.53	6.69	12	16	7.94	38	-8.83	6.93	12	19	3.15
Total Non-Interest Expense	82	93	124	167	204	222	288	341	353	377	403
Salaries and Employee Benefits	50	55	73	90	113	127	174	201	211	220	234
Net Occupancy & Equipment Expense	11	14	19	32	39	45	53	69	75	84	82
Marketing Expense	2.06	2.72	3.23	4.97	6.13	4.72	5.30	14	13	12	13
Property & Liability Insurance Claims	1.09	0.91	1.20	1.13	0.30	1.52	2.25	1.82	2.62	2.72	4.43
Other Operating Expenses	14	17	23	32	36	36	42	39	37	41	48
Amortization Expense	3.98	3.78	5.20	6.98	9.13	8.33	11	16	16	18	22
Income Tax Expense	8.42	13	25	15	17	21	32	35	12	4.38	7.63
Preferred Stock Dividends Declared	0.78	0.89	0.77	0.58	0.00	1.70	3.21	3.21	3.21	3.21	3.21
Basic Earnings per Share	$1.60	$1.11	$1.85	$2.06	$2.26	$2.56	$4.44	$4.06	$1.63	$0.55	$0.94
Weighted Average Basic Shares Outstanding	17.72M	17.86M	19.13M	26.70M	24.61M	24.88M	25.17M	23.09M	23.33M	23.42M	23.79M
Diluted Earnings per Share	$1.57	$1.10	$1.81	$2.03	$2.25	$2.53	$4.35	$3.96	$1.61	$0.54	$0.93
Weighted Average Diluted Shares Outstanding	17.72M	17.86M	19.13M	26.70M	24.61M	24.88M	25.17M	23.09M	23.33M	23.42M	23.79M
Weighted Average Basic & Diluted Shares Outstanding	17.72M	17.86M	19.13M	26.70M	24.61M	24.88M	25.17M	23.09M	23.33M	23.42M	23.79M

This table shows Triumph Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	8.83	3.36	1.95	4.55	3.04	-0.78	3.62	0.91	18	5.55	11
Consolidated Net Income / (Loss)	9.63	4.16	2.75	5.35	3.84	0.02	4.42	1.71	19	6.36	11
Net Income / (Loss) Continuing Operations	9.63	4.16	2.75	5.35	3.84	0.02	4.42	1.71	19	6.36	11
Total Pre-Tax Income	13	4.77	3.58	6.29	5.83	0.07	7.92	1.28	24	8.15	16
Total Revenue	106	101	105	106	104	102	108	109	120	106	120
Net Interest Income / (Expense)	92	86	88	89	88	84	89	88	90	86	99
Total Interest Income	109	102	107	108	105	102	109	109	110	103	125
Loans and Leases Interest Income	59	54	95	53	12	54	55	56	55	48	54
Investment Securities Interest Income	46	43	5.52	47	89	44	50	50	52	51	63
Deposits and Money Market Investments Interest Income	3.51	4.90	6.33	7.71	5.30	4.44	4.18	2.99	2.61	4.27	7.94
Total Interest Expense	17	16	19	19	18	18	21	21	20	17	26
Deposits Interest Expense	12	12	16	14	15	14	16	18	17	14	24
Long-Term Debt Interest Expense	2.47	2.41	2.39	2.40	2.15	1.68	1.70	1.71	1.67	1.62	1.63
Other Interest Expense	2.57	1.35	1.19	2.94	1.00	1.81	3.32	1.87	2.05	0.99	0.06
Total Non-Interest Income	14	15	17	17	16	17	19	21	30	20	21
Other Service Charges	1.88	2.91	4.63	4.12	3.08	3.70	2.99	3.21	-1.47	2.11	3.64
Net Realized & Unrealized Capital Gains on Investments	0.01	-0.19	0.12	0.25	-0.01	0.98	-0.03	0.12	15	0.69	-1.68
Other Non-Interest Income	12	12	12	13	13	13	16	18	17	17	19
Provision for Credit Losses	6.14	5.90	4.16	4.26	4.45	1.33	-0.70	4.28	-1.76	-0.61	2.74
Total Non-Interest Expense	87	90	97	96	93	100	101	104	98	98	102
Salaries and Employee Benefits	51	54	56	55	54	59	60	60	55	58	60
Net Occupancy & Equipment Expense	19	20	23	21	20	21	20	20	20	20	18
Marketing Expense	8.01	2.72	3.52	2.85	6.97	2.96	3.46	3.25	2.84	2.73	2.61
Property & Liability Insurance Claims	0.66	0.65	0.64	0.68	0.74	0.73	0.89	1.47	1.34	1.06	1.17
Other Operating Expenses	4.67	9.38	10	10	6.57	13	9.89	13	13	11	13
Amortization Expense	4.15	3.90	4.23	5.08	4.63	4.39	6.27	5.82	5.91	5.82	5.96
Income Tax Expense	3.09	0.61	0.84	0.94	1.99	0.05	3.50	-0.43	4.50	1.79	4.50
Preferred Stock Dividends Declared	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.80
Basic Earnings per Share	$0.37	$0.14	$0.08	$0.19	$0.14	($0.03)	$0.15	$0.04	$0.78	$0.23	$0.44
Weighted Average Basic Shares Outstanding	23.33M	23.33M	23.36M	23.39M	23.42M	23.42M	23.73M	23.76M	23.79M	23.81M	23.89M
Diluted Earnings per Share	$0.38	$0.14	$0.08	$0.19	$0.13	($0.03)	$0.15	$0.04	$0.77	$0.23	$0.44
Weighted Average Diluted Shares Outstanding	23.33M	23.33M	23.36M	23.39M	23.42M	23.42M	23.73M	23.76M	23.79M	23.81M	23.89M
Weighted Average Basic & Diluted Shares Outstanding	23.33M	23.33M	23.36M	23.39M	23.42M	23.42M	23.73M	23.76M	23.79M	23.81M	23.89M

This table details how cash moves in and out of Triumph Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-56	9.24	20	101	-37	117	69	25	-122	43	-82
Net Cash From Operating Activities	25	31	47	74	72	97	137	81	60	59	67
Net Cash From Continuing Operating Activities	25	31	47	74	72	97	137	81	60	59	67
Net Income / (Loss) Continuing Operations	29	21	36	52	59	64	113	102	41	16	25
Consolidated Net Income / (Loss)	29	21	36	52	59	64	113	102	41	16	25
Provision For Loan Losses	4.53	6.69	12	16	7.94	38	-8.83	-	12	19	3.15
Depreciation Expense	2.14	2.82	4.00	5.72	8.14	11	12	13	14	16	15
Amortization Expense	-0.10	-1.07	6.35	8.49	4.37	-1.82	2.35	7.86	11	15	20
Non-Cash Adjustments to Reconcile Net Income	-12	3.74	-17	-6.01	4.48	-37	13	-3.68	18	8.36	6.59
Changes in Operating Assets and Liabilities, net	1.26	-1.90	6.38	-2.25	-11	23	5.64	-39	-37	-16	-2.81
Net Cash From Investing Activities	-389	-274	-380	-268	-520	-775	78	666	-130	-590	-525
Net Cash From Continuing Investing Activities	-389	-274	-380	-268	-520	-775	78	666	-130	-590	-525
Purchase of Property, Leasehold Improvements and Equipment	-2.44	-4.33	-7.95	-19	-21	-18	-14	-17	-41	-84	-36
Purchase of Investment Securities	-460	-389	-564	-550	-717	-1,200	-96	293	-186	-655	-727
Sale of Property, Leasehold Improvements and Equipment	-	-	-	-	-	-	-	-	0.00	0.04	87
Sale and/or Maturity of Investments	72	120	189	226	222	429	191	386	105	149	151
Other Investing Activities, net	1.09	-	-7.26	0.98	-3.92	13	-3.40	3.89	-8.03	0.22	-0.20
Net Cash From Financing Activities	308	252	352	295	411	794	-146	-722	-52	575	377
Net Cash From Continuing Financing Activities	308	252	352	295	411	794	-146	-722	-52	575	377
Net Change in Deposits	84	114	151	147	340	921	-70	-465	-194	843	129
Issuance of Debt	100	49	0.00	0.00	138	-94	370	-150	225	-225	250
Repayment of Debt	125	100	135	-36	0.00	-40	-441	-27	0.00	-40	0.00
Repurchase of Common Equity	-0.34	-0.65	-0.37	-0.40	-65	-36	-1.24	-77	-82	-3.29	-2.23
Payment of Dividends	-0.78	-0.89	-0.77	-0.58	0.00	-1.70	-3.21	-3.21	-3.21	-3.21	-3.21
Other Financing Activities, Net	0.04	1.17	1.28	-7.01	-2.45	0.84	0.03	-0.29	1.64	2.60	2.81
Cash Interest Paid	7.86	10	20	32	52	42	19	16	48	69	74
Cash Income Taxes Paid	5.88	11	13	13	18	12	40	47	14	0.00	-0.05

This table details how cash moves in and out of Triumph Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Change in Cash & Equivalents	-51	130	84	-11	-159	173	-221	-135	101	333	315
Net Cash From Operating Activities	42	-11	16	21	37	-3.62	9.14	24	36	5.06	46
Net Cash From Continuing Operating Activities	42	-11	16	21	37	-3.62	9.14	24	36	5.06	46
Net Income / (Loss) Continuing Operations	9.63	4.16	2.75	5.35	3.84	0.02	4.42	1.71	19	6.36	11
Consolidated Net Income / (Loss)	9.63	4.16	2.75	5.35	3.84	0.02	4.42	1.71	19	6.36	11
Provision For Loan Losses	-	5.90	-	4.26	4.45	1.33	-0.70	4.28	-1.76	-0.61	2.74
Depreciation Expense	3.59	3.61	3.99	3.94	3.97	3.94	3.96	3.70	3.27	2.88	2.76
Amortization Expense	3.31	3.36	3.13	4.41	4.51	4.24	5.86	4.62	5.20	5.86	6.19
Non-Cash Adjustments to Reconcile Net Income	15	4.68	-3.78	0.63	0.97	4.71	3.49	0.68	-3.14	5.31	10
Changes in Operating Assets and Liabilities, net	17	-32	0.20	2.63	20	-18	-7.89	9.42	14	-15	13
Net Cash From Investing Activities	192	-108	-120	-98	-270	-155	-411	-29	70	-171	-216
Net Cash From Continuing Investing Activities	192	-108	-120	-98	-270	-155	-411	-29	70	-171	-216
Purchase of Property, Leasehold Improvements and Equipment	-21	-58	-1.04	-0.82	-30	-9.14	-19	-6.76	-12	-7.00	-8.53
Purchase of Investment Securities	194	-76	-154	-137	-288	-216	-455	-44	-13	-199	-291
Sale of Property, Leasehold Improvements and Equipment	-	-	-	-	-	11	-	0.00	75	1.05	0.17
Sale and/or Maturity of Investments	23	17	45	33	55	57	52	22	20	24	82
Other Investing Activities, net	-4.18	9.51	-9.28	6.93	-6.94	1.07	-0.35	-0.75	-0.16	9.89	1.20
Net Cash From Financing Activities	-285	249	187	65	74	331	181	-130	-5.73	500	485
Net Cash From Continuing Financing Activities	-285	249	187	65	74	331	181	-130	-5.73	500	485
Net Change in Deposits	-510	473	-59	315	114	156	209	-231	-5.03	750	517
Repurchase of Common Equity	-	-0.08	-3.21	-	0.00	-0.13	-2.10	-	-	-0.09	-2.13
Payment of Dividends	-0.80	-0.80	-0.80	-0.80	-0.80	-0.80	-0.80	-0.80	-0.80	-0.80	-0.80
Cash Interest Paid	17	16	18	19	16	17	20	19	17	20	29
Cash Income Taxes Paid	0.12	0.13	0.51	0.17	-0.81	-0.05	1.69	0.19	-1.88	0.14	0.51

This table presents Triumph Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,691	2,641	3,499	4,560	5,060	5,936	5,956	5,334	5,347	5,949	6,381
Cash and Due from Banks	23	39	59	96	68	86	123	134	93	74	68
Interest Bearing Deposits at Other Banks	82	76	75	139	130	229	260	274	194	256	181
Trading Account Securities	163	304	264	350	263	236	188	260	307	386	370
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4,955
Loans and Leases	-	-	-	-	-	-	-	-	-	-	4,991
Allowance for Loan and Lease Losses	-	-	-	-	-	-	-	-	-	-	37
Loans Held for Sale	1.34	2,012	0.00	2.11	2.74	25	7.33	5.64	1.24	1.17	0.46
Premises and Equipment, Net	22	45	63	83	97	103	106	103	113	161	91
Goodwill	16	29	44	159	159	163	234	234	234	242	355
Intangible Assets	12	18	20	41	32	27	43	32	46	54	94
Other Assets	1,371	118	2,974	3,690	4,310	5,067	4,995	4,291	4,359	4,775	266
Total Liabilities & Shareholders' Equity	1,691	2,641	3,499	4,560	5,060	5,936	5,956	5,334	5,347	5,949	6,381
Total Liabilities	1,423	2,352	3,107	3,923	4,424	5,209	5,097	4,445	4,483	5,058	5,439
Non-Interest Bearing Deposits	168	363	564	725	810	1,353	1,925	1,757	1,632	1,964	1,902
Interest Bearing Deposits	1,081	1,652	2,057	2,726	2,980	3,364	2,721	2,415	2,345	2,856	3,049
Long-Term Debt	155	311	452	418	557	233	328	179	405	142	393
Other Long-Term Liabilities	10	14	22	50	75	65	94	94	100	95	96
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	268	289	392	637	637	727	859	889	864	891	942
Total Preferred & Common Equity	268	289	392	637	637	727	859	889	864	891	942
Preferred Stock	9.75	9.75	9.66	-	0.00	45	45	45	45	45	45
Total Common Equity	258	280	382	637	637	682	814	844	819	846	897
Common Stock	194	197	265	470	474	489	511	535	551	568	598
Retained Earnings	64	84	119	170	229	290	399	498	536	549	571
Treasury Stock	-0.56	-1.37	-1.78	-2.29	-67	-103	-105	-183	-265	-268	-271
Accumulated Other Comprehensive Income / (Loss)	0.28	-0.28	-0.60	-1.20	1.11	5.82	8.03	-6.90	-2.93	-3.12	-1.74

This table presents Triumph Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026	6/30/2026
Total Assets	5,628	5,653	5,600	5,575	5,783	5,866	6,268	6,495	6,357	6,877	7,404
Cash and Due from Banks	83	78	85	70	76	78	72	85	71	64	74
Interest Bearing Deposits at Other Banks	335	339	253	347	424	411	431	198	77	518	823
Trading Account Securities	322	308	297	325	347	408	416	397	384	344	274
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5,442
Loans and Leases	-	-	-	-	-	-	-	-	-	-	5,477
Allowance for Loan and Lease Losses	-	-	-	-	-	-	-	-	-	-	35
Loans Held for Sale	3.95	0.10	6.42	3.71	1.05	0.03	2.95	6.07	9.74	2.50	1.41
Premises and Equipment, Net	116	115	113	163	160	156	150	149	141	89	86
Goodwill	234	234	234	234	234	234	242	354	354	355	355
Intangible Assets	32	29	26	50	52	52	55	98	97	94	93
Other Assets	4,503	4,549	4,586	4,384	4,490	4,527	4,899	5,208	5,223	5,410	255
Total Liabilities & Shareholders' Equity	5,628	5,653	5,600	5,575	5,783	5,866	6,268	6,495	6,357	6,877	7,404
Total Liabilities	4,801	4,819	4,749	4,703	4,909	4,980	5,374	5,582	5,438	5,926	6,440
Non-Interest Bearing Deposits	1,728	1,608	1,633	1,748	1,690	2,103	2,260	2,285	2,095	3,042	3,781
Interest Bearing Deposits	2,311	2,685	2,854	2,703	2,702	2,604	2,717	2,901	2,860	2,658	2,437
Long-Term Debt	679	430	180	181	431	181	317	292	393	143	113
Other Long-Term Liabilities	79	96	82	71	86	92	80	104	90	83	110
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	827	833	850	872	874	886	894	912	919	951	963
Total Preferred & Common Equity	827	833	850	872	874	886	894	912	919	951	963
Preferred Stock	45	45	45	45	45	45	45	45	45	45	45
Total Common Equity	782	788	805	827	829	841	849	867	874	906	918
Common Stock	540	543	548	556	559	565	572	589	594	602	606
Retained Earnings	509	516	528	540	542	546	548	552	553	577	587
Treasury Stock	-260	-265	-265	-265	-268	-268	-269	-271	-271	-271	-273
Accumulated Other Comprehensive Income / (Loss)	-5.52	-4.99	-4.61	-3.13	-3.40	-1.82	-3.42	-2.65	-1.92	-2.62	-2.62

This table displays calculated financial ratios and metrics derived from Triumph Financial's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	23,763,401.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	23,763,401.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.07
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.60	$1.11	$1.85	$2.06	$2.26	$0.00	$4.44	$4.06	$1.63	$0.55	$0.94
Adjusted Weighted Average Basic Shares Outstanding	18.02M	18.08M	20.83M	26.70M	24.61M	0.00	25.17M	23.09M	23.33M	23.42M	23.79M
Adjusted Diluted Earnings per Share	$1.57	$1.10	$1.81	$2.03	$2.25	$0.00	$4.35	$3.96	$1.61	$0.54	$0.93
Adjusted Weighted Average Diluted Shares Outstanding	18.02M	18.08M	20.83M	26.70M	24.61M	0.00	25.17M	23.09M	23.33M	23.42M	23.79M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	18.02M	18.08M	20.83M	26.70M	24.61M	0.00	25.17M	23.09M	23.33M	23.42M	23.79M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Triumph Financial's official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	23,763,401.00	23,793,965.00	23,806,253.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	23,763,401.00	23,793,965.00	23,806,253.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	0.81	0.27	0.48
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.92%	-3.23%	2.06%	1.39%	-2.44%	0.53%	2.84%	2.91%	-	4.16%	11.27%
EBITDA Growth	-41.42%	-33.95%	-35.44%	-38.82%	-27.09%	-29.71%	65.59%	-34.41%	-	104.67%	39.97%
EBIT Growth	-49.51%	-61.89%	-63.88%	-64.41%	-54.15%	-98.53%	121.09%	-79.59%	-	11,538.57%	100.29%
NOPAT Growth	-45.18%	-62.23%	-64.09%	-58.21%	-60.13%	-99.59%	60.90%	-68.06%	-	37,282.35%	157.24%
Net Income Growth	-45.18%	-62.23%	-64.09%	-58.21%	-60.13%	-99.59%	60.90%	-68.06%	-	37,282.35%	157.24%
EPS Growth	-43.28%	-67.44%	-72.41%	-62.75%	-65.79%	-121.43%	87.50%	-78.95%	-	866.67%	193.33%
Operating Cash Flow Growth	143.77%	-1,144.40%	106.02%	135.92%	-12.18%	72.43%	-58.19%	-8.25%	-	239.72%	371.21%
Free Cash Flow Firm Growth	-216.34%	299.26%	79.43%	-147.64%	225.43%	-134.31%	366.46%	-678.23%	-	178.25%	33.21%
Invested Capital Growth	18.87%	-30.25%	3.33%	3.55%	-18.66%	15.02%	-7.69%	22.96%	-	-9.69%	-10.65%
Revenue Q/Q Growth	1.35%	-4.82%	4.01%	1.06%	-2.48%	-1.92%	6.39%	1.13%	-	-11.89%	13.65%
EBITDA Q/Q Growth	-18.01%	-40.13%	-8.78%	36.64%	-2.28%	-42.29%	114.89%	-45.88%	-	-47.51%	46.97%
EBIT Q/Q Growth	-28.02%	-62.51%	-24.82%	75.42%	-7.27%	-98.80%	11,220.00%	-83.81%	-	-65.64%	94.81%
NOPAT Q/Q Growth	-24.75%	-56.81%	-33.93%	94.65%	-28.22%	-99.56%	25,900.00%	-61.36%	-	-66.93%	78.91%
Net Income Q/Q Growth	-24.75%	-56.81%	-33.93%	94.65%	-28.22%	-99.56%	25,900.00%	-61.36%	-	-66.93%	78.91%
EPS Q/Q Growth	-25.49%	-63.16%	-42.86%	137.50%	-31.58%	-123.08%	600.00%	-73.33%	-	-70.13%	91.30%
Operating Cash Flow Q/Q Growth	368.29%	-125.47%	202.37%	29.77%	74.31%	-108.00%	408.96%	167.12%	-	-86.14%	813.23%
Free Cash Flow Firm Q/Q Growth	-392.54%	340.13%	-108.54%	20.54%	870.14%	-165.68%	166.30%	-332.06%	-	143.80%	12.86%
Invested Capital Q/Q Growth	23.23%	-17.07%	23.95%	-18.25%	-3.20%	17.26%	-0.52%	8.89%	-	-18.05%	-1.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	18.48%	11.62%	10.19%	13.78%	13.81%	8.13%	16.41%	8.78%	-	15.96%	20.65%
EBIT Margin	11.98%	4.72%	3.41%	5.92%	5.63%	0.07%	7.33%	1.17%	-	7.70%	13.20%
Profit (Net Income) Margin	9.07%	4.12%	2.61%	5.04%	3.71%	0.02%	4.09%	1.56%	-	6.01%	9.46%
Tax Burden Percent	75.71%	87.22%	76.65%	85.05%	65.83%	24.29%	55.78%	133.13%	-	78.00%	71.64%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	-	100.00%	100.00%
Effective Tax Rate	24.29%	12.78%	23.35%	14.95%	34.17%	75.71%	44.22%	-33.13%	-	22.00%	28.36%
Return on Invested Capital (ROIC)	3.24%	1.33%	0.85%	2.01%	1.34%	0.01%	1.37%	0.56%	-	2.31%	3.78%
ROIC Less NNEP Spread (ROIC-NNEP)	3.24%	1.33%	0.85%	2.01%	1.34%	0.01%	1.37%	0.56%	-	2.31%	3.78%
Return on Net Nonoperating Assets (RNNOA)	1.08%	0.68%	0.43%	0.42%	0.42%	0.00%	0.55%	0.18%	-	0.58%	0.82%
Return on Equity (ROE)	4.33%	2.01%	1.28%	2.43%	1.76%	0.01%	1.92%	0.73%	-	2.89%	4.59%
Cash Return on Invested Capital (CROIC)	-13.73%	38.31%	-0.99%	-1.40%	21.97%	-12.91%	9.09%	-19.75%	-	12.93%	14.63%
Operating Return on Assets (OROA)	0.94%	0.35%	0.25%	0.43%	0.41%	0.00%	0.50%	0.08%	-	0.52%	0.87%
Return on Assets (ROA)	0.71%	0.30%	0.19%	0.37%	0.27%	0.00%	0.28%	0.11%	-	0.41%	0.62%
Return on Common Equity (ROCE)	4.10%	1.90%	1.21%	2.30%	1.67%	0.01%	1.82%	0.70%	-	2.75%	4.37%
Return on Equity Simple (ROE_SIMPLE)	0.00%	3.92%	3.35%	2.47%	0.00%	1.34%	1.49%	1.09%	-	3.33%	4.01%
Net Operating Profit after Tax (NOPAT)	9.63	4.16	2.75	5.35	3.84	0.02	4.42	1.71	-	6.36	11
NOPAT Margin	9.07%	4.12%	2.61%	5.04%	3.71%	0.02%	4.09%	1.56%	-	6.01%	9.46%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
SG&A Expenses to Revenue	73.31%	75.66%	76.97%	73.44%	78.53%	81.08%	77.54%	76.50%	-	76.11%	67.38%
Operating Expenses to Revenue	82.24%	89.45%	92.64%	90.07%	90.07%	98.62%	93.32%	94.91%	-	92.87%	84.53%
Earnings before Interest and Taxes (EBIT)	13	4.77	3.58	6.29	5.83	0.07	7.92	1.28	-	8.15	16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	20	12	11	15	14	8.25	18	9.60	-	17	25
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.28	2.23	2.30	2.21	2.51	1.59	1.49	1.36	-	1.57	1.98
Price to Tangible Book Value (P/TBV)	3.46	3.40	3.51	3.35	3.87	2.45	3.11	2.81	-	3.11	3.86
Price to Revenue (P/Rev)	4.47	4.45	4.57	4.44	5.11	3.25	3.08	2.81	-	3.20	3.99
Price to Earnings (P/E)	49.31	59.55	73.03	99.52	164.97	154.83	123.91	175.25	-	49.82	51.26
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
Earnings Yield	2.03%	1.68%	1.37%	1.00%	0.61%	0.65%	0.81%	0.57%	-	2.01%	1.95%
Enterprise Value to Invested Capital (EV/IC)	1.60	1.57	1.44	1.50	1.92	1.00	1.12	1.13	-	0.94	1.00
Enterprise Value to Revenue (EV/Rev)	4.86	3.99	4.52	3.81	4.77	2.91	3.21	3.50	-	2.31	2.37
Enterprise Value to EBITDA (EV/EBITDA)	26.08	23.05	30.60	30.54	38.58	25.32	24.50	29.63	-	13.42	12.91
Enterprise Value to EBIT (EV/EBIT)	38.46	36.74	48.61	58.32	96.85	76.91	66.92	97.84	-	24.98	22.00
Enterprise Value to NOPAT (EV/NOPAT)	49.45	48.38	64.21	72.92	123.20	101.51	98.79	148.06	-	32.36	27.90
Enterprise Value to Operating Cash Flow (EV/OCF)	33.82	34.28	54.39	34.06	33.85	18.28	25.10	28.74	-	13.54	9.62
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	3.37	0.00	0.00	7.84	0.00	11.80	0.00	-	6.88	6.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.47	0.21	0.49	0.20	0.16	0.35	0.32	0.43	-	0.15	0.12
Long-Term Debt to Equity	0.47	0.21	0.49	0.20	0.16	0.35	0.32	0.43	-	0.15	0.12
Financial Leverage	0.33	0.51	0.50	0.21	0.31	0.28	0.40	0.32	-	0.25	0.22
Leverage Ratio	6.09	6.59	6.70	6.60	6.44	6.71	6.87	6.77	-	7.13	7.41
Compound Leverage Factor	6.09	6.59	6.70	6.60	6.44	6.71	6.87	6.77	-	7.13	7.41
Debt to Total Capital	31.93%	17.16%	33.02%	16.99%	13.75%	26.19%	24.27%	29.93%	-	13.08%	10.52%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
Long-Term Debt to Total Capital	31.93%	17.16%	33.02%	16.99%	13.75%	26.19%	24.27%	29.93%	-	13.08%	10.52%
Preferred Equity to Total Capital	3.54%	4.27%	3.45%	4.22%	4.36%	3.72%	3.74%	3.43%	-	4.11%	4.18%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
Common Equity to Total Capital	64.53%	78.57%	63.53%	78.79%	81.89%	70.09%	71.99%	66.64%	-	82.80%	85.30%
Debt to EBITDA	5.20	2.51	7.00	3.47	2.76	6.62	5.32	7.87	-	1.87	1.36
Net Debt to EBITDA	1.52	-3.29	-1.13	-5.90	-3.66	-3.88	0.18	4.92	-	-5.74	-9.38
Long-Term Debt to EBITDA	5.20	2.51	7.00	3.47	2.76	6.62	5.32	7.87	-	1.87	1.36
Debt to NOPAT	9.87	5.28	14.70	8.29	8.83	26.55	21.47	39.33	-	4.51	2.93
Net Debt to NOPAT	2.89	-6.90	-2.38	-14.08	-11.69	-15.54	0.74	24.59	-	-13.85	-20.27
Long-Term Debt to NOPAT	9.87	5.28	14.70	8.29	8.83	26.55	21.47	39.33	-	4.51	2.93
Noncontrolling Interest Sharing Ratio	5.13%	5.30%	5.27%	5.18%	5.13%	5.10%	5.04%	4.99%	-	4.88%	4.80%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-192	461	-39	-31	241	-158	105	-243	-	124	140
Operating Cash Flow to CapEx	201.99%	-18.51%	1,577.99%	2,602.94%	124.54%	0.00%	48.47%	361.27%	-	84.96%	552.13%
Free Cash Flow to Firm to Interest Expense	-11.42	28.96	-2.06	-1.61	13.62	-8.84	5.11	-11.52	-	7.43	5.43
Operating Cash Flow to Interest Expense	2.51	-0.67	0.86	1.09	2.09	-0.17	0.45	1.16	-	0.30	1.80
Operating Cash Flow Less CapEx to Interest Expense	1.26	-4.32	0.80	1.05	0.41	-0.07	-0.47	0.84	-	-0.05	1.47
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.08	0.07	0.07	0.07	0.07	0.07	0.07	0.07	-	0.07	0.07
Fixed Asset Turnover	3.86	2.98	3.04	3.11	3.03	2.66	2.72	2.84	-	3.70	3.87
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,270	1,053	1,305	1,067	1,033	1,211	1,205	1,312	-	1,094	1,077
Invested Capital Turnover	0.36	0.32	0.32	0.40	0.36	0.37	0.33	0.36	-	0.38	0.40
Increase / (Decrease) in Invested Capital	202	-457	42	37	-237	158	-100	245	-	-117	-128
Enterprise Value (EV)	2,031	1,656	1,883	1,595	1,982	1,213	1,346	1,478	-	1,026	1,078
Market Capitalization	1,868	1,847	1,908	1,858	2,125	1,354	1,291	1,188	-	1,420	1,817
Book Value per Share	$35.18	$35.46	$35.54	$35.99	$36.17	$36.25	$37.04	$36.84	-	$38.06	$38.57
Tangible Book Value per Share	$23.17	$23.29	$23.31	$23.77	$23.51	$23.58	$17.73	$17.83	-	$19.20	$19.75
Total Capital	1,270	1,053	1,305	1,067	1,033	1,211	1,205	1,312	-	1,094	1,077
Total Debt	405	181	431	181	142	317	292	393	-	143	113
Total Long-Term Debt	405	181	431	181	142	317	292	393	-	143	113
Net Debt	119	-236	-70	-308	-188	-186	10	245	-	-439	-784
Capital Expenditures (CapEx)	21	58	1.04	0.82	30	-1.66	19	6.76	-	5.95	8.36
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00
Net Nonoperating Obligations (NNO)	405	181	431	181	142	317	292	393	-	143	113
Total Depreciation and Amortization (D&A)	6.90	6.97	7.13	8.35	8.47	8.18	9.81	8.32	-	8.74	8.95
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.37	$0.14	$0.08	$0.19	$0.14	($0.03)	$0.15	$0.04	$0.78	$0.23	$0.44
Adjusted Weighted Average Basic Shares Outstanding	23.33M	23.33M	23.36M	23.39M	23.42M	23.42M	23.73M	23.76M	23.79M	23.81M	23.89M
Adjusted Diluted Earnings per Share	$0.38	$0.14	$0.08	$0.19	$0.13	($0.03)	$0.15	$0.04	$0.77	$0.23	$0.44
Adjusted Weighted Average Diluted Shares Outstanding	23.33M	23.33M	23.36M	23.39M	23.42M	23.42M	23.73M	23.76M	23.79M	23.81M	23.89M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	23.33M	23.33M	23.36M	23.39M	23.42M	23.42M	23.73M	23.76M	23.79M	23.81M	23.89M
Normalized Net Operating Profit after Tax (NOPAT)	9.63	4.16	2.75	5.35	3.84	0.05	4.42	0.90	-	6.36	11
Normalized NOPAT Margin	9.07%	4.12%	2.61%	5.04%	3.71%	0.05%	4.09%	0.82%	-	6.01%	9.46%
Pre Tax Income Margin	11.98%	4.72%	3.41%	5.92%	5.63%	0.07%	7.33%	1.17%	-	7.70%	13.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.76	0.30	0.19	0.32	0.33	0.00	0.39	0.06	-	0.49	0.62
NOPAT to Interest Expense	0.57	0.26	0.14	0.28	0.22	0.00	0.22	0.08	-	0.38	0.44
EBIT Less CapEx to Interest Expense	-0.48	-3.34	0.13	0.28	-1.35	0.10	-0.53	-0.26	-	0.13	0.29
NOPAT Less CapEx to Interest Expense	-0.67	-3.38	0.09	0.23	-1.46	0.09	-0.70	-0.24	-	0.02	0.12
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	7.80%	9.37%	10.93%	14.65%	19.93%	26.83%	23.54%	32.11%	-	10.11%	8.30%
Augmented Payout Ratio	206.49%	22.57%	22.16%	29.70%	40.39%	54.77%	39.88%	54.41%	-	17.03%	14.04%

Financials Breakdown Chart

Key Financial Trends

Triumph Financial’s Q2 2026 statements show a meaningful improvement in quarterly profitability and balance-sheet growth. Total revenue increased to $120.2 million from $105.8 million in Q1 2026 and $108.1 million in Q2 2025. Net interest income rose 14.8% sequentially and 11.4% year over year to $98.8 million, supported by higher interest income from loans, investment securities and deposits. Net income attributable to common shareholders increased to $10.6 million, compared with $5.6 million in Q1 and $3.6 million in the year-ago quarter. Diluted EPS consequently rose to $0.44 from $0.23 and $0.15, respectively.

The balance sheet also expanded. Total assets reached $7.4 billion, up 7.7% from March 2026 and 14.0% from June 2025. Deposits increased to $6.2 billion, including a $517.5 million quarterly increase in Q2. Net loans and leases were reported at $5.4 billion at June 30, 2026, although the prior-quarter and year-ago data show zero in that category, suggesting a significant classification or reporting change that limits direct comparisons. The allowance for loan losses was $34.8 million, equal to approximately 0.6% of gross loans and leases.

Cash generation improved sharply in Q2. Operating cash flow was $46.2 million, compared with $5.1 million in Q1 and $9.1 million in Q2 2025. However, investing activities used $215.8 million, primarily because Triumph purchased $290.6 million of investment securities. Financing activities supplied $484.5 million, mainly through deposit growth. The company ended the quarter with a $314.9 million increase in cash and equivalents. Investors should also note that Q2 2025 and Q1 2025 figures were marked as restated, so historical comparisons should be interpreted carefully.

Profitability rebounded: Q2 2026 net income attributable to common shareholders nearly doubled sequentially and increased approximately 192% year over year.
Net interest income accelerated: Net interest income reached $98.8 million, the highest level among the reported 2026 quarters and above both comparable 2025 and 2024 periods.
Operating leverage improved: Revenue increased 13.6% sequentially while non-interest expense rose only 3.4%, helping pretax income increase from $8.1 million to $15.9 million.
Deposit growth strengthened funding capacity: Deposits rose $517.5 million during Q2 and were nearly 20% above the restated Q2 2025 level.
Long-term debt declined: Long-term debt fell to $113.3 million from $143.1 million in Q1 and $292.4 million a year earlier, reducing reliance on wholesale borrowing.
Operating cash flow improved: Cash from operating activities increased to $46.2 million, providing a stronger source of internally generated liquidity.
Capital remained positive: Total equity increased to $963.3 million, while treasury stock remained a sizable offset to common equity because of prior share repurchases.
Investment activity was substantial: Triumph invested $290.6 million in securities during Q2 while selling or receiving maturities of $81.9 million. This may support future interest income, but it also increases exposure to securities valuations and interest-rate movements.
Loan reporting became more difficult to interpret: Net loans and leases moved from a reported zero balance in Q1 2026 to $5.4 billion in Q2, indicating that the current-period loan growth cannot be reliably measured against the prior reported figures without additional disclosure.
Credit costs increased: The provision for credit losses was $2.7 million in Q2, compared with a $0.6 million benefit in Q1 and a $0.7 million benefit in Q2 2025. Continued increases could pressure future earnings.
Earnings remain below some earlier peaks: Q2 2026 EPS of $0.44 was well below the $1.74 reported in Q2 2022, when unusually high non-interest income and investment gains materially boosted results.
Cash flow depended heavily on financing: The quarterly increase in cash was driven primarily by $517.5 million of deposit inflows, while investing activities consumed $215.8 million. A slowdown in deposit growth could reduce the company’s flexibility to fund investments and loans.

09/20/26 05:37 PM ETAI Generated. May Contain Errors.

Triumph Financial Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Triumph Financial's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Triumph Financial's net income appears to be on an upward trend, with a most recent value of $25.36 million in 2025, falling from $29.13 million in 2015. The previous period was $16.09 million in 2024. Check out Triumph Financial's forecast to explore projected trends and price targets.

Over the last 10 years, Triumph Financial's total revenue changed from $123.95 million in 2015 to $439 million in 2025, a change of 254.2%.

Triumph Financial's total liabilities were at $5.44 billion at the end of 2025, a 7.5% increase from 2024, and a 282.1% increase since 2015.

In the past 10 years, Triumph Financial's cash and equivalents has ranged from $23.45 million in 2015 to $133.89 million in 2022, and is currently $67.54 million as of their latest financial filing in 2025.

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Financial statements for NYSE:TFIN last updated on 7/21/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Triumph Financial (TFIN) Financials

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