Triumph Financial, Inc. TFIN
Triumph Financial, Inc. ("we," "Triumph Financial" or the "Company") is a financial holding company headquartered in Dallas, Texas and registered under the Bank Holding Company Act of 1956, as amended (the "BHC Act"). We offer a diversified line of banking, factoring, payments, and intelligence services.
At December 31, 2025, our business is primarily focused on providing financial services to participants in the for-hire trucking ecosystem in the United States, including Brokers, Shippers, Factors and Carriers. Within such ecosystem we operate our payments platform which connects such parties to streamline and optimize the presentment, audit and payment of transportation invoices, and we act as capital provider to the Carrier industry through our factoring business. We also offer data services through our Intelligence offerings. Our traditional banking operations provide stable, low cost deposits to support our operations, a diversified lending portfolio to add stability to our balance sheet, and a suite of traditional banking products and services to participants in the for-hire trucking ecosystem to deepen our relationship with such clients.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $430.5M | $422.5M | $422.4M | $419.2M | $387.6M | $322.1M | $311.2M | $263.0M | $177.2M | $124.5M |
| Interest expense | $350.6M | $350.5M | $368.1M | $400.5M | $18.4M | $37.4M | $55.2M | $35.9M | $21.5M | $12.1M |
| Pre-tax income | $33.0M | $20.5M | $52.8M | $137.0M | $145.0M | $84.7M | $75.4M | $66.5M | $61.1M | $33.5M |
| Income tax | $7.6M | $4.4M | $11.7M | $34.7M | $32.0M | $20.7M | $16.9M | $14.8M | $24.9M | $12.8M |
| Net income | $25.4M | $16.1M | $41.1M | $102.3M | $113.0M | $64.0M | $58.5M | $51.7M | $36.2M | $20.7M |
| EPS, basic | 0.94 | 0.55 | 1.63 | 4.06 | 4.44 | 2.56 | 2.26 | 2.06 | 1.85 | 1.11 |
| EPS, diluted | 0.93 | 0.54 | 1.61 | 3.96 | 4.35 | 2.53 | 2.25 | 2.03 | 1.81 | 1.10 |
| Shares, diluted (wtd. avg.) | $23.8M | $23.8M | $23.6M | $25.0M | $25.3M | $24.6M | $26.1M | $25.5M | $20.0M | $18.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $248.5M | $330.1M | $286.6M | $408.2M | $383.2M | $314.4M | $197.9M | $234.9M | $134.1M | $114.5M |
| Property, plant and equipment | $54.3M | $160.7M | $113.5M | $103.3M | $105.7M | $103.4M | $96.6M | $83.4M | $62.9M | $45.5M |
| Goodwill | $355.3M | $241.9M | $233.7M | $233.7M | $233.7M | $163.2M | $158.7M | $158.7M | $44.1M | $28.8M |
| Other intangibles | $646.0K | $16.3M | $23.6M | $32.1M | $43.1M | $26.7M | $31.5M | $40.7M | $19.7M | $17.7M |
| Total assets | $6.38B | $5.95B | $5.35B | $5.33B | $5.96B | $5.94B | $5.06B | $4.56B | $3.50B | $2.64B |
| Long-term debt | — | — | — | — | $27.1M | $191.9M | — | — | — | — |
| Total liabilities | $5.44B | $5.06B | $4.48B | $4.44B | $5.10B | $5.21B | $4.42B | $3.92B | $3.11B | $2.35B |
| Retained earnings | $571.4M | $549.2M | $536.3M | $498.5M | $399.4M | $289.6M | $229.0M | $170.5M | $119.4M | $83.9M |
| Total equity | $941.8M | $890.9M | $864.4M | $889.0M | $858.9M | $726.8M | $636.6M | $636.6M | $391.7M | $289.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $67.1M | $58.5M | $60.0M | $80.8M | $137.0M | $97.3M | $72.5M | $73.8M | $47.3M | $31.0M |
| Depreciation and amortisation | $14.9M | $15.5M | $13.8M | $13.3M | $12.0M | $10.7M | $8.1M | $5.7M | $4.0M | $2.8M |
| Stock-based compensation | $14.0M | $14.5M | $13.2M | $21.2M | $20.3M | $4.6M | $3.7M | $2.7M | $1.8M | $2.4M |
| Investing cash flow | -$525.5M | -$590.0M | -$129.5M | $666.1M | $77.7M | -$774.7M | -$520.4M | -$268.3M | -$379.8M | -$273.6M |
| Financing cash flow | $376.8M | $574.9M | -$52.1M | -$721.9M | -$145.8M | $793.9M | $410.9M | $295.3M | $352.1M | $251.8M |
| Dividends paid | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $1.7M | — | — | — | — |
| Buybacks | $2.2M | $3.3M | $81.6M | $76.7M | $1.2M | $35.8M | $64.5M | $398.0K | $366.0K | $654.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001539638-26-000007.
Others in SIC 6022
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|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |