← Triumph Financial, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.0m |
$12.2m
-18.48%
|
$17.1m
+40.17%
|
$21.4m
+25.17%
|
$19.1m
-11.12%
|
$34.2m
+79.22%
|
$39.2m
+14.79%
|
$45.4m
+15.84%
|
$50.5m
+11.16%
|
$63.9m
+26.63%
|
$441.7m
+590.81%
|
|
| Total interest and dividend income | $124.5m |
$177.2m
+42.36%
|
$263.0m
+48.39%
|
$311.2m
+18.32%
|
$322.1m
+3.52%
|
$387.6m
+20.32%
|
$419.2m
+8.18%
|
$422.4m
+0.76%
|
$422.5m
+0.02%
|
$430.5m
+1.88%
|
— | |
| Total noninterest income | $21.0m | $40.7m | $23.0m | $31.6m | $60.4m | $54.5m | $84.1m | $50.2m | $65.4m | $88.4m | — | |
| Interest Income (Expense), Net | $112.4m |
$155.7m
+38.56%
|
$227.1m
+45.84%
|
$255.9m
+12.71%
|
$284.7m
+11.26%
|
$369.1m
+29.64%
|
$400.5m
+8.50%
|
$368.1m
-8.09%
|
$350.5m
-4.79%
|
$350.6m
+0.04%
|
$446.3m
+27.30%
|
|
| Marketing and Advertising Expense | $2.7m | $3.2m | $5.0m | $6.1m | $4.7m | $5.2m | $7.6m | $6.7m | $6.2m | $7.2m | — | |
| Labor and Related Expense | $54.5m | $72.7m | $90.2m | $112.9m | $127.0m | $174.0m | $201.5m | $210.6m | $219.6m | $233.9m | — | |
| Salaries and employee benefits | $54.5m | $72.7m | $90.2m | $112.9m | $127.0m | $174.0m | $201.5m | $210.6m | $219.6m | $233.9m | — | |
| Amortization of Intangible Assets | $3.8m | $5.2m | $7.0m | $9.1m | $8.3m | $10.9m | $11.9m | $11.5m | $12.0m | $11.6m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | — | $4.0m | $2.1m | — | |
| Noninterest expense: | ||||||||||||
| Total noninterest expense | $93.1m | $123.6m | $167.4m | $204.1m | $222.1m | $287.5m | $340.6m | $353.2m | $376.6m | $402.9m | — | |
| Interest expense: | ||||||||||||
| Total interest expense | $12.1m | $21.5m | $35.9m | $55.2m | $37.4m | $18.4m | $18.7m | $54.3m | $72.1m | $79.9m | — | |
| Net interest income (expense) | $112.4m |
$155.7m
+38.56%
|
$227.1m
+45.84%
|
$255.9m
+12.71%
|
$284.7m
+11.26%
|
$369.1m
+29.64%
|
$400.5m
+8.50%
|
$368.1m
-8.09%
|
$350.5m
-4.79%
|
$350.6m
+0.04%
|
$362.4m
+3.38%
|
|
| Net interest income (expense) after credit loss expense | $105.7m |
$144.1m
+36.33%
|
$210.9m
+46.39%
|
$248.0m
+17.58%
|
$246.4m
-0.63%
|
$378.0m
+53.39%
|
$393.6m
+4.13%
|
$355.9m
-9.58%
|
$331.7m
-6.80%
|
$347.4m
+4.75%
|
$362.4m
+4.32%
|
|
| Debt Securities, Realized Gain (Loss) | ($56k) | $35k | ($272k) | $61k | $3.2m | $5k | $2.5m | $102k | ($1k) | $0 | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $0 | $0 | $0 | $18k | $0 | $0 | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | — | $11.5m | — | |
| Income (Loss) from Equity Method Investments | $3.2m | $2.2m | — | $0 | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $33.5m | $61.1m | $66.5m | $75.4m | $84.7m | $145.0m | $137.0m | $52.8m | $20.5m | $33.0m | $49.0m | |
| Current Income Tax Expense (Benefit) | $10.9m | $14.7m | $14.1m | $13.0m | $22.8m | $37.8m | $36.5m | $5.2m | $9.2m | — | $10.4m | |
| Income Tax Expense (Benefit) | $12.8m | $24.9m | $14.8m | $16.9m | $20.7m | $32.0m | $34.7m | $11.7m | $4.4m | $7.6m | $10.4m | |
| Net Income (Loss) Attributable to Parent | $20.7m |
$36.2m
+74.98%
|
$51.7m
+42.76%
|
$58.5m
+13.22%
|
$64.0m
+9.36%
|
$113.0m
+76.46%
|
$102.3m
-9.44%
|
$41.1m
-59.85%
|
$16.1m
-60.83%
|
$25.4m
+57.61%
|
$35.4m
+39.76%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $19.8m |
$35.4m
+78.90%
|
$51.1m
+44.25%
|
$58.5m
+14.50%
|
$62.3m
+6.45%
|
$109.8m
+76.13%
|
$99.1m
-9.71%
|
$37.9m
-61.78%
|
$12.9m
-65.98%
|
$22.2m
+71.94%
|
$35.4m
+59.98%
|
|
| Preferred Stock Dividends, Income Statement Impact | $1 | $1 | $1 | — | $2 | $3 | $3 | $3 | $3 | $3 | $3.2m | |
| Earnings Per Share, Basic | $1.11 | $1.85 | $2.06 | $2.26 | $2.56 | $4.44 | $4.06 | $1.63 | $0.55 | $0.94 | $1.50 | |
| Earnings Per Share, Diluted | $1.10 | $1.81 | $2.03 | $2.25 | $2.53 | $4.35 | $3.96 | $1.61 | $0.54 | $0.93 | $1.48 | |
| Weighted Average Number of Shares Outstanding, Basic | 17.9m | 19.1m | 24.8m | 25.9m | 24.4m | 24.7m | 24.4m | 23.2m | 23.3m | 23.6m | 23.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 18.1m | 20.0m | 25.5m | 26.1m | 24.6m | 25.3m | 25.0m | 23.6m | 23.8m | 23.8m | 24.0m | |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | — | $5.8m | $10.8m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | $16.2m | $7.9m | $38.3m | ($8.8m) | $6.9m | $12.2m | $18.8m | $3.1m | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $4.5m | — | — | — | — | — | — | |
| Loans, including fees | $84.2m | $121.6m | $160.7m | $195.6m | $198.2m | $183.6m | $181.2m | $228.4m | $213.8m | $220.0m | — | |
| Factored receivables, including fees | $35.2m | $47.2m | $92.1m | $101.3m | $114.4m | $197.8m | $223.2m | $160.6m | $159.9m | $172.9m | — | |
| Securities | $4.2m | $6.8m | $6.4m | $10.5m | $8.2m | $5.4m | $8.2m | $19.8m | $23.6m | $21.6m | — | |
| FHLB and other stock | — | — | — | — | — | — | — | $1.0m | $998k | $1.7m | — | |
| Cash deposits | $653k | $1.4m | $3.3m | $3.1m | $708k | $608k | $6.4m | $12.6m | $24.2m | $14.2m | — | |
| Deposits | $9.2m | $13.1m | $23.1m | $40.2m | $27.4m | $9.7m | $10.0m | $34.3m | $56.2m | $64.1m | — | |
| Subordinated notes | $835k | $3.3m | $3.4m | $3.6m | $5.4m | $6.4m | $5.2m | $5.3m | $4.7m | $2.7m | — | |
| Junior subordinated debentures | $1.4m | $2.0m | $2.7m | $2.9m | $2.1m | $1.8m | $2.7m | $4.4m | $4.6m | $4.1m | — | |
| Other borrowings | $716k | $3.2m | $6.8m | $8.6m | $2.5m | $508k | $835k | $10.3m | $6.5m | $9.1m | — | |
| Credit loss expense (benefit) | — | — | $16.2m | $7.9m | $38.3m | ($8.8m) | $6.9m | $12.2m | $18.8m | $3.1m | — | |
| Net gains (losses) on sale or call of securities | ($56k) | $35k | ($272k) | $61k | $3.2m | $5k | $2.5m | $102k | ($1k) | $0 | — | |
| Net gains (losses) on sale of loans | $16k | — | — | — | $2.8m | $3.1m | $18.2m | $119k | $178k | $514k | — | |
| Net gains (losses) on disposal of premises and equipment | — | — | — | — | — | — | — | $49k | $28k | $14.9m | — | |
| Insurance commissions | $1.3m | $3.0m | $3.5m | $4.2m | $4.2m | $5.1m | $5.1m | $5.0m | $5.9m | $3.5m | — | |
| Other | $11.8m | $15.4m | $22.8m | $29.2m | $26.3m | $31.5m | $35.4m | $34.1m | $23.1m | $32.8m | — | |
| Occupancy, furniture and equipment | $7.3m | $9.8m | $14.0m | $18.2m | $22.8m | $24.5m | $26.8m | $28.9m | $33.0m | $31.9m | — | |
| FDIC insurance and other regulatory assessments | $913k | $1.2m | $1.1m | $298k | $1.5m | $2.1m | $1.5m | $2.6m | $2.7m | $4.4m | — | |
| Professional fees | $5.5m | $7.2m | $8.9m | $7.3m | $9.3m | $12.6m | $15.6m | $13.2m | $17.8m | $15.3m | — | |
| Advertising and promotion | $2.7m | $3.2m | $5.0m | $6.1m | $4.7m | $5.2m | $7.6m | $6.7m | $6.2m | $7.2m | — | |
| Communications and technology | $6.5m | $8.8m | $18.3m | $21.0m | $22.2m | $26.9m | $40.3m | $45.7m | $50.9m | $49.8m | — | |
| Software amortization | — | — | — | — | — | — | $4.1m | $4.5m | $5.8m | $10.8m | — | |
| Travel and entertainment | — | — | — | — | — | — | $5.8m | $6.1m | $5.4m | $5.3m | — | |
| Dividends on preferred stock | ($887k) | ($774k) | ($578k) | $0 | ($1.7m) | ($3.2m) | ($3.2m) | ($3.2m) | ($3.2m) | ($3.2m) | — |