Core Points - Triumph Financial, Inc. is transferring its common and preferred stock listings from Nasdaq to the New York Stock Exchange (NYSE) and will also dual list on NYSE Texas [1][2] - The common stock ticker will remain TFIN, while the preferred stock ticker will change from TFINP to TFIN PR [1] - Trading on NYSE is expected to begin on or about August 19, 2025, and on NYSE Texas on or about August 20, 2025 [2] Company Overview - Triumph Financial is a financial and technology company focused on modernizing and simplifying 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] Leadership Statements - The CEO expressed honor in joining the NYSE and emphasized the potential for greater value for the company and its shareholders [3] - The NYSE Group's chief development officer welcomed Triumph Financial as a new member, highlighting the support for the company's growth and future success [3]

Core Points - Coface has released its half-year financial report for 2025, which is now available on its website and filed with the French financial market authority [2][3] - The report can be requested free of charge by contacting the company directly [2] - Coface is a leading player in trade credit risk management, serving around 100,000 clients across approximately 200 markets [7] - In 2024, Coface employed over 5,200 people and recorded a turnover of approximately €1.845 billion [8] Financial Information - The financial calendar indicates that the 9M-2025 results will be announced on November 3, 2025, after market close [4] - Regulated documents and integral regulatory information can be accessed on the Coface website [5] - The authenticity of the regulated documents is secured through blockchain technology [6]

Core Viewpoint - Triumph Financial, Inc. has announced its second quarter 2025 financial results, which are available on the company's website for investors and analysts to review [1]. Financial Results - The financial results for Q2 2025 and the shareholder letter can be accessed through the company's investor relations website [1]. - A conference call to discuss these results will be held on July 17, 2025, at 9:30 a.m. central time, featuring Vice Chairman & CEO Aaron P. Graft and CFO Brad Voss [1]. Company Overview - Triumph Financial, Inc. operates as a financial and technology company focused on modernizing and simplifying freight transactions through payments, factoring, intelligence, and banking [3]. - The company is headquartered in Dallas, Texas, and its portfolio includes brands such as Triumph, TBK Bank, and LoadPay [3].

Core Insights - Coface has received "in principle approval" from Lloyd's to establish a new short-term trade credit syndicate, managed by Apollo Syndicate Management, expected to commence underwriting in 2025 [1][2] - The new syndicate, named Coface Lloyd's Syndicate 2546, aims to provide AA-rated solutions to better serve specific market segments and is seen as a valuable addition to Coface's offerings [2][3] - Coface's CEO, Xavier Durand, emphasized that the creation of this syndicate aligns with the company's strategic plan to enhance credit insurance support and develop a global ecosystem for credit risk management [3] Company Developments - The establishment of the syndicate reflects Coface's commitment to expanding its range of solutions and capitalizing on the growth potential for credit insurance at Lloyd's [2][3] - David Ibeson, CEO of Apollo, expressed enthusiasm about the partnership, highlighting the combination of Coface's expertise in trade credit and Apollo's innovative syndicate-building capabilities [4] Market Context - The new syndicate is positioned to tap into significant profitable growth potential for credit insurance solutions within the Lloyd's market, indicating a strategic move to enhance market presence [2][3] - Coface's long-standing experience in trade credit risk management, serving around 100,000 clients across 200 markets, positions it well to leverage this new opportunity [14]

Core Insights - RXO and Triumph have expanded their partnership to provide new financial tools and services aimed at improving efficiency and profitability for carriers [1][3] - RXO Extra | Factoring, powered by Triumph, offers Factoring as a Service™ and LoadPay™, enabling carriers to access quick payments and seamless factoring services [2][3] Company Overview - RXO is a leading provider of asset-light transportation solutions, offering tech-enabled truck brokerage services and complementary solutions across North America [6] - Triumph is a financial and technology company focused on modernizing freight transactions through payments, factoring, and banking solutions [6][7] Service Details - RXO Extra | Factoring allows carriers to receive same-day payments on approved invoices, available 24/7, enhancing cash flow management [2][3] - LoadPay is a digital banking solution designed specifically for the freight industry, providing fast access to funds and tailored tools for transportation businesses [7] Loyalty Program - RXO Extra™ is a loyalty program that rewards carriers for hauling loads through RXO Connect, offering savings and bonuses as they progress through loyalty tiers [4]

Group 1 - Triumph Financial, Inc. (Nasdaq: TFIN) will release its second quarter financial results and management commentary after market close on July 16, 2025 [1] - A conference call to review the financial results will be held on July 17, 2025, at 9:30 a.m. central time, led by Vice Chairman and CEO Aaron P. Graft and CFO Brad Voss [2] - The live video conference can be accessed through a specific link or the Company's IR website, with an archive available afterward [3] Group 2 - Triumph Financial is a financial and technology company focused on modernizing and simplifying freight transactions, with a portfolio that includes Triumph, TBK Bank, and LoadPay [4]

Sallyport Commercial Finance Overview - Sallyport Commercial Finance (SCF) was founded in 2014 and provides factoring, asset-based lending, and alternative working capital solutions to SMEs[10] - SCF has factored over $5.5 billion in debts across the U S and Canada[10] - SCF's active clients are primarily in Factoring (65 8%) and Asset Based Lending (22 5%)[5] - SCF's adjusted pre-tax net income was $7 7 million[9] - SCF's total net revenue was $19 5 million[9] Northrim Acquisition and Pro Forma Impact - Northrim is acquiring Sallyport Commercial Finance for $47 9 million upfront and $6 0 million deferred, paid over three years[26] - The acquisition is expected to be approximately 15% accretive to EPS in 2025E and approximately 20% in 2026E[26] - The acquisition is expected to improve ROAA by approximately +15 bps in 2025E and +20 bps in 2026E[26] - The acquisition is expected to improve ROATCE by approximately +475 bps in 2025E and +500 bps in 2026E[26] - The TBV earn-back period is estimated to be approximately 3 ½ years, with an internal rate of return of approximately 25%[26] Market Opportunity - The global factoring market was worth over $3 6 trillion in 2022 and is expected to grow to over $5 7 trillion by 2031[18, 20]

Core Viewpoint - AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of 'a+' (Excellent) for Coface and its main operating subsidiaries, indicating a stable outlook for these ratings [2][3]. Group Performance - The ratings reflect Coface group's very strong balance sheet strength, strong operating performance, favorable business profile, and appropriate enterprise risk management [3]. - Coface's consolidated risk-adjusted capitalization is assessed at the strongest level according to the Best's Capital Adequacy Ratio (BCAR) score [3]. Market Position - Coface holds a leading position in the global credit insurance market, characterized by high barriers to entry, which supports its strong ratings [5]. Future Outlook - AM Best acknowledges that the group's prospective performance may experience volatility due to an uncertain global operating environment, but expects cross-cycle performance metrics to remain supportive of the strong assessment [4].

Core Points - The Combined Shareholders' General Meeting of COFACE SA was held on 14 May 2025, where all proposed resolutions were approved [1][2] - A dividend of €1.40 per share for the 2024 financial year was approved, with the coupon date set for 20 May 2025 and the payment date for 22 May 2025 [2] Company Overview - COFACE SA is a global leader in trade credit risk management, providing services to approximately 100,000 clients across around 200 markets [6] - In 2024, COFACE employed approximately 5,236 people and reported a turnover of €1.84 billion [7] Financial Calendar - The financial calendar for COFACE SA includes the H1-2025 results scheduled for 31 July 2025 and the 9M-2025 results on 3 November 2025 [3]