Triumph Financial Q2 2023 Earnings Report

Triumph Financial EPS Results

• Actual EPS: $0.29
• Consensus EPS: $0.41
• Beat/Miss: Missed by -$0.12
• One Year Ago EPS: N/A

Triumph Financial Revenue Results

• Actual Revenue: $102.96 million
• Expected Revenue: $108.76 million
• Beat/Miss: Missed by -$5.80 million
• YoY Revenue Growth: N/A

Triumph Financial Announcement Details

• Quarter: Q2 2023
• Date: 7/20/2023
• Time: N/A

Triumph Financial (NASDAQ:TFIN), a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans. It also provides electronic banking services, debit cards, insurance brokerage services, mortgage warehouse facilities, and transportation factoring services, as well as payments services offered through TriumphPay platform, a payments network for the over-the-road trucking industry. The company was formerly known as Triumph Bancorp, Inc. and changed its name to Triumph Financial Inc. in December 2022. Triumph Financial Inc. was incorporated in 2003 and is headquartered in Dallas, Texas.