Financial Performance - Net income for Q4 was $18.4 million, or $0.77 per diluted share, with a focus on durable progress in network growth, revenue, and margin expansion[1]. - The recurring annualized exit earnings run rate for Q4 is estimated at approximately $1.00 per share, providing a baseline for core operating performance in 2026[4]. - Net income available to common stockholders significantly improved to $18,412 thousand compared to $907 thousand in the prior quarter[65]. - Net income for the three months ended December 31, 2025, was $19,214 thousand, compared to $16,090 thousand for the same period in 2024, reflecting a year-over-year increase of 19.8%[67]. - Basic earnings per common share increased to $0.77 from $0.04 in the previous quarter, demonstrating significant earnings growth[65]. - Net income available to common stockholders for the quarter ended December 31, 2025, was $18,412 thousand, a significant increase from $3,036 thousand in the same quarter of the previous year[79]. Revenue Growth - Total transportation revenue growth was 4.1% for the quarter, with expectations for Payments revenue growth in Q1 to exceed 5% and EBITDA margin to exceed 30%[4]. - Payments revenue grew 0.7% quarter-over-quarter to an annualized run rate of $74.5 million, with fee revenue increasing by 10%[14]. - Revenue growth in the core audit and payments business is projected to exceed 20% over the next year, driven by new relationships and deepening existing customer engagements[18]. - Total revenue for the quarter was $2.3 million, with an average contract value (ACV) of $39 thousand and a gross margin of 88%[38]. - Total revenue in LoadPay for Q4 2025 was $0.3 million, up 58.3% from the previous quarter, with an annualized run rate revenue of $1.5 million[20]. - Total revenue from the Factoring segment was $39,653,000, compared to $41,934,000 in the previous quarter[73]. - Total revenue for the Payments segment was $18,628,000, a slight increase from $18,503,000 in the prior quarter[74]. Operational Efficiency - The company added significant customers, including BlueGrace and J.B. Hunt, contributing to revenue ramp and margin expansion, serving 67 of the top 100 freight brokers[4]. - AI and machine learning are being leveraged to enhance operational efficiency and customer offerings, contributing to the $30 million in recognized expense savings[13]. - The average time to approve an invoice through AI tools is approximately 12 seconds, with purchase decisions occurring within 23 seconds[34]. - The company aims for approximately 20% transportation revenue growth while maintaining a $96.5 million expense base exiting Q4 2026[8]. - Reported expenses for Q4 were $98.1 million, with a goal to reduce ongoing annual operating expenses by over $30 million by the end of Q1 2026[5]. Asset Management - Total assets increased to $6,380,588 thousand from $6,357,149 thousand in the previous quarter, reflecting a growth of 0.37%[65]. - Loans held for investment rose to $4,991,307 thousand, up from $4,986,922 thousand, indicating a slight increase of 0.05%[65]. - Total assets increased to $6,380,588 thousand as of December 31, 2025, up from $5,948,975 thousand a year earlier, representing a growth of 7.3%[66]. - Total deposits decreased to $4,950,216 thousand as of December 31, 2025, from $5,186,098 thousand in September 2025, a decline of 4.5%[66]. Credit Quality - Non-performing loans to total loans decreased by 0.21% to 1.15% due to improvements in equipment finance[56]. - The allowance for credit losses was $36,511 thousand as of December 31, 2025, compared to $40,714 thousand a year earlier, indicating a reduction of 10.8%[66]. - The company reported a credit loss benefit of $(1,764) thousand for the three months ended December 31, 2025, compared to an expense of $4,453 thousand in the same period of 2024, indicating an improvement in credit quality[67]. Market Engagement - The breadth and depth of the network engagement increased, with annualized figures of $71 billion and $117 billion, respectively[1]. - Triumph Financial defines Network engagement as the amount of freight processed through its payments, audit, full AP automation, and rate intelligence products, indicating broker volume density in the market[1]. Future Outlook - The company anticipates significant growth in the Intelligence segment during 2026 as new products are rolled out[39]. - Forward-looking statements in the shareholder letter reflect the company's beliefs and expectations but are not guarantees of future performance[62]. - The company will hold a conference call on January 27, 2026, at 9:30 a.m. central time to review financial results[59].

Group 1 - Triumph Financial, Inc. (NYSE: TFIN) has released its fourth quarter 2025 financial results, which are available on the company's website [1] - A conference call to review the financial results will be held on January 27, 2026, at 9:30 a.m. central time, led by Vice Chairman & CEO Aaron P. Graft and CFO Brad Voss [1] - The company is focused on modernizing and simplifying freight transactions through its financial and technology services, which include payments, factoring, intelligence, and banking [3] Group 2 - The live video conference for the financial results can be accessed through a specific link or via the company's IR website [2] - An archive of the conference call will be available on the company's website after the event [2]

Core Insights - Triumph Financial (NYSE: TFIN) is compared to its peers in the "State Commercial Banks – Fed Reserve System" industry, highlighting its performance in various financial metrics and ownership structures [1][4]. Institutional Ownership - 91.1% of Triumph Financial shares are owned by institutional investors, significantly higher than the industry average of 72.2%. Insider ownership stands at 5.6%, slightly below the industry average of 6.7% [1]. Risk and Volatility - Triumph Financial has a beta of 1.48, indicating its stock price is 48% more volatile than the S&P 500, while its peers have an average beta of 1.01 [2]. Analyst Ratings - Triumph Financial has received 1 sell rating and no buy or strong buy ratings, resulting in a rating score of 1.00. In contrast, its competitors have a higher average rating score of 2.50 [3]. Valuation & Earnings - Triumph Financial reported gross revenue of $487.93 million and net income of $16.09 million, with a price-to-earnings ratio of 238.24. In comparison, its peers have higher revenue of $749.76 million and net income of $95.99 million, with a lower price-to-earnings ratio of 39.72 [6]. Profitability - Triumph Financial's net margin is 2.00%, return on equity is 1.76%, and return on assets is 0.24%. These figures are significantly lower than its peers, which have net margins of 7.23%, return on equity of 6.94%, and return on assets of 0.79% [8]. Summary of Performance - Triumph Financial lags behind its peers in 10 out of 13 comparative factors, indicating less favorable growth aspects [9].

Core Viewpoint - Triumph Financial, Inc. is set to release its fourth quarter financial results and management commentary on January 26, 2026, after market close [1] Group 1: Financial Results Announcement - The financial results and management commentary will be available on the Company's Investor Relations website [1] - A conference call to review the financial results will take place on January 27, 2026, at 9:30 a.m. central time [2] - The live video conference can be accessed through a specific link or via the Company's IR website [3] Group 2: Company Overview - Triumph Financial, Inc. operates as a financial and technology company focused on modernizing freight transactions through payments, factoring, intelligence, and banking [4] - The company is headquartered in Dallas, Texas, and its portfolio includes brands such as Triumph, TBK Bank, and LoadPay [4]

Core Insights - BlueGrace Logistics has joined the Triumph Network to enhance payment efficiency and transparency for carriers [1][2][3] - The integration with Triumph's payment platform aims to improve back-office efficiency and strengthen relationships with carriers [2][3] - BlueGrace's adoption of Triumph's solutions is expected to minimize payment discrepancies and deliver greater value to partners [3] Company Overview - Triumph (NYSE: TFIN) is a financial and technology company focused on modernizing freight transactions through payments, factoring, and banking solutions [4] - BlueGrace Logistics is one of the largest Managed Logistics providers in the U.S., serving over 10,000 customers annually with a proprietary technology platform, BlueShip [5]

Core Points - Triumph Financial announced a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock [1] - Holders of depositary shares will receive $0.44525 per depositary share, with the dividend payable on December 30, 2025, to holders of record as of December 15, 2025 [1] Company Overview - Triumph Financial is a financial and technology company focused on modernizing and simplifying freight transactions through payments, factoring, intelligence, and banking [2] - The company is headquartered in Dallas, Texas, and its portfolio includes brands such as Triumph, TBK Bank, and LoadPay [2]

Core Insights - Diamond Hill Capital's "Small Cap Strategy" reported a 7.93% return in Q3 2025, underperforming the Russell 2000 Index which gained over 12% [1] - The underperformance was attributed to the portfolio's lack of exposure to sectors driving the market rally [1] Company Overview - Triumph Financial, Inc. (NYSE:TFIN) is a financial holding company involved in banking, factoring, payments, and intelligence services [2] - As of November 24, 2025, Triumph Financial's stock closed at $53.53, with a market capitalization of $1.272 billion [2] Performance Analysis - Triumph Financial's one-month return was -8.84%, and it experienced a significant decline of 50.81% over the past 52 weeks [2] - The company's shares faced pressure due to a freight recession and exposure to a high-profile bankruptcy, raising credit concerns [3] Hedge Fund Interest - Triumph Financial was held by 16 hedge fund portfolios at the end of Q2 2025, an increase from 13 in the previous quarter [4] - Despite its potential, the company is not considered among the 30 most popular stocks among hedge funds, with a preference for certain AI stocks offering better upside potential [4]

Triumph Financial (TFIN) FY Conference Summary Company Overview - Triumph Financial is a financial and technology company based in Dallas, Texas, focused on modernizing freight transactions through payments, factoring, intelligence, and banking [1][3] - The company operates under brands including Triumph, TBK Bank, and LoadPay [1] Core Business Model - Triumph Financial is characterized as a community bank that audits and pays more truckers than any other entity globally, emphasizing its role in the trucking market [3][6] - The company processes approximately $50 billion in payments annually for major freight brokers, including C.H. Robinson and RXO [11] Market Position and Strategy - Triumph Financial claims to touch 70% of all freight transactions, paying half and auditing about 65% of invoices [6] - The company aims to create defensible earnings through a network that integrates auditing, payment, and intelligence into the workflow of freight transactions [10] - The focus is on reducing friction in payment processes, which is critical given the average invoice size of around $1,500 [6] Industry Challenges - The trucking industry is currently experiencing a goods recession, with falling tonnages and a significant number of improperly licensed drivers contributing to market instability [16][20] - Regulatory enforcement of existing laws is seen as necessary to ensure fair competition and reduce shadow capacity in the market [24] Financial Performance and Growth Targets - Triumph Financial aims for 20% top-line growth, with specific targets for its three segments: intelligence, payments, and factoring [32][34] - The intelligence segment is expected to grow significantly, while payments have shown a growth rate of 25%-30% in recent quarters [34] - The factoring business, which generated $155 million in revenue, is expected to grow at low double digits [34] Recent Developments - The company has undergone a reorganization to focus on a customer-centric approach, aiming to enhance efficiency and reduce expenses [28][30] - LoadPay, a new offering, is positioned as a comprehensive financial companion for truckers, integrating various financial services [43][44] Capital Management - Triumph Financial does not intend to grow its balance sheet but aims to increase revenue and profitability while maintaining capital ratios [54][55] - The company is cautious about M&A activities, focusing instead on enhancing existing products and services [55] Risk Management - The primary risks in factoring include fraud risk from truckers and credit risk from account debtors, with a strong emphasis on verification processes to mitigate these risks [56][57] - The average charge-offs in the factoring business have been about 25 basis points, indicating strong credit quality management [57] Conclusion - Triumph Financial is positioned as a key player in the freight payment and banking sector, leveraging technology to streamline processes and enhance customer experience while navigating industry challenges and aiming for sustainable growth [10][31]

Core Insights - Triumph Financial, Inc. will present at the Stephens Annual Investment Conference on November 18, 2025, at 3:00 p.m. CST [1] - The presentation will be available via live webcast on the company's website [1] Company Overview - Triumph is a financial and technology company that focuses on modernizing and simplifying freight transactions through payments, factoring, intelligence, and banking [2] - The company is headquartered in Dallas, Texas, and its portfolio includes brands such as Triumph, TBK Bank, and LoadPay [2]

Core Insights - Triumph has expanded its relationship with NFI to include Payment and Audit solutions, aiming to modernize freight transactions and enhance operational efficiency [1][5] - NFI's integration of Triumph's services is intended to accelerate payments, automate invoice auditing, and strengthen carrier relationships through advanced technology [2][3] Company Overview - Triumph (NYSE: TFIN) is a financial and technology company focused on modernizing freight transactions, with a portfolio that includes Triumph, TBK Bank, and LoadPay [6] - NFI is a leading North American supply chain solutions provider, generating over $3.6 billion in annual revenue and employing over 18,000 associates [7] Service Benefits - Triumph's Audit and Payments solutions streamline workflows, reduce errors, and enable secure, real-time transactions, benefiting carriers with faster payments and greater transparency [4][5] - NFI has also adopted Triumph's Intelligence solution to enhance data-driven decision-making and operational insights across its network [3]