Triumph Financial, Inc.

NYSE:TFIN Stock Report

Market Cap: US$1.7b

Triumph Financial Past Earnings Performance

Past criteria checks 4/6

Triumph Financial's earnings have been declining at an average annual rate of -42.6%, while the Banks industry saw earnings growing at 3.2% annually. Revenues have been declining at an average rate of 0.5% per year. Triumph Financial's return on equity is 3.3%, and it has net margins of 6.4%.

Key information

-42.57%

Earnings growth rate

-41.60%

EPS growth rate

Banks Industry Growth11.18%
Revenue growth rate-0.49%
Return on equity3.33%
Net Margin6.45%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update • May 25

TFIN: Refreshed Margins And P/E Assumptions Will Shape Balanced Future Returns

Analysts have nudged their price target on Triumph Financial higher, with fair value moving from $67.80 to $68.80, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E following recent Street research such as the Raymond James upgrade. Analyst Commentary Bullish Takeaways Bullish analysts see the recent upgrade as support for the refreshed fair value range, with the updated P/E assumptions viewed as more aligned with the stock's perceived quality and business mix.
Narrative Update • Apr 26

TFIN: Higher Margins And Mixed Ratings Will Shape Balanced Future Returns

Analysts have increased their fair value estimate for Triumph Financial from $66.75 to $67.80, citing modestly lower revenue growth assumptions, a higher profit margin outlook, and a slightly reduced future P/E multiple as the key drivers of the updated price target. Analyst Commentary Recent Street research has focused on how Triumph Financial is executing against expectations and how that lines up with current valuation levels.
Narrative Update • Apr 11

TFIN: Freight Partnership And Mixed Ratings Will Shape Balanced Future Returns

Triumph Financial's analyst price target has been adjusted slightly to $66.75. Analysts cite a mixed set of updates that include a modest change in fair value assumptions, a small tweak to expected revenue growth and profit margin, and differing views on the shares as reflected in recent target and rating moves.
Narrative Update • Mar 27

TFIN: Freight Payment Partnership And Balanced Risk Reward Will Support Future Upside

Analysts have edged their price expectations for Triumph Financial higher, with the latest Street research highlighting a $4 increase in one target to $70 and describing the setup as a more balanced risk and reward as the shares trade closer to this level. Analyst Commentary Recent research points to a more balanced setup for Triumph Financial as the share price moves closer to the cited US$70 target level.
Narrative Update • Mar 10

TFIN: Freight Payment Partnerships Will Support Upside As Risk Reward Improves

Analysts have raised their price target on Triumph Financial to $70, a $4 increase. They note that the shares now appear to offer a more balanced risk and reward profile, with seasonally softer first quarter conditions already taken into account.
Narrative Update • Feb 24

TFIN: Freight Payment Partnerships Will Support Upside Despite Seasonal First Quarter Softness

Analysts have revised their price target on Triumph Financial by $4, reflecting updated assumptions around future P/E levels while citing a more balanced risk and reward profile as shares trade closer to existing targets and as the company enters a seasonally softer first quarter. Analyst Commentary Recent Street research on Triumph Financial has centered on valuation expectations and the timing of near term performance as shares trade closer to existing price targets.
Narrative Update • Feb 09

TFIN: Freight Payment Partnerships And Seasonal Weakness Will Shape Balanced Outlook

Narrative Update The analyst price target for Triumph Financial has moved modestly higher to an implied fair value of $67, with analysts pointing to refined assumptions on growth, margins, and a higher forward P/E multiple. Recent Street research highlights both a $4 target increase at one firm and a shift to a more neutral risk/reward stance as shares trade closer to existing targets.
Narrative Update • Jan 24

TFIN: Freight Payment Partnerships And Seasonal Caution Will Shape Balanced Outlook

Analysts have raised their fair value estimate for Triumph Financial by $1 to $66, citing a more balanced risk/reward profile after a recent downgrade to Neutral. The shares are now trading closer to published price targets, with the seasonally softer first quarter also taken into account.
Narrative Update • Jan 08

TFIN: Cost Discipline And Freight Partnerships Will Support Earnings Through Transportation Weakness

Narrative Update: Triumph Financial Our analyst price target for Triumph Financial moves modestly higher to US$65.00 from US$64.25. This reflects analyst views that recent cost controls and efficiency efforts, highlighted in Q3 expense commentary and a higher FY26 EPS forecast, support slightly stronger long term revenue growth assumptions, despite some pressure on recent revenue and margin metrics.
Narrative Update • Dec 18

TFIN: Cost Discipline Will Support Earnings Amid Transportation Cycle Headwinds

Analysts have raised their fair value estimate for Triumph Financial from $60.50 to $64.25, citing stronger cost controls that are driving earnings outperformance and supporting a higher long term valuation multiple, despite moderating revenue growth and margin assumptions. Analyst Commentary Analyst commentary around Triumph Financial has focused on the interplay between improving cost efficiency and softer top line trends, with the latest price target increase underscoring a more constructive long term earnings outlook.
Seeking Alpha • Oct 20

Triumph Financial: One Of The Last 8.5% Yielding Preferred Shares Remaining

Summary Triumph Financial specializes in the transportation sector and offers a preferred share yielding nearly 8.5% at a discount. TFIN's net interest spread and margin are declining but remain higher than many of its peers. Loan growth remains strong year-over-year, but deposit volatility has pushed the loan-to-deposit ratio to 100%, increasing reliance on external financing. Despite sector concentration and rising nonperforming assets, TFINP's high yield compensates for risks, making it attractive for income-focused investors. Read the full article on Seeking Alpha
Seeking Alpha • Apr 28

Triumph Financial: 8.4% Yielding Preferred Shares Are A Great Income Option

Summary Triumph Financial's preferred shares offer an attractive 8.4% yield, presenting a great entry opportunity for income investors amid recent market volatility. The bank's unique structure stabilizes net interest margins despite fluctuating interest rates, maintaining net interest income above pre-pandemic levels. Robust loan and deposit growth, with loans and deposits up over 10% year-over-year, supports the bank's financial stability and reduces reliance on external borrowing. While commercial real estate loans pose risks, the preferred shares remain insulated, ensuring continued dividend payouts and solid income for investors. Read the full article on Seeking Alpha
Seeking Alpha • Feb 03

Triumph Financial: No Change In Stance Just Yet

Summary Triumph Financial has a unique business model with a large factoring unit for small and medium trucking fleets, but recent stock performance has been disappointing. Despite growth in deposits and loans, a significant drop in net interest margin and rising non-interest expenses have hurt profitability. The company's price to earnings multiple is high, and it underperforms peers in return on assets and return on equity. While the long-term potential in the transportation sector is promising, current volatility and high valuation suggest maintaining a 'hold' rating for now. Read the full article on Seeking Alpha
User avatar
New Narrative • Oct 20

Freight Challenges Loom But Tech Innovations And Partnerships Signal Future Revenue Growth

Strategic partnerships and innovation in AI/ML aim to drive significant revenue growth and improve net margins by lowering operational costs.
Seeking Alpha • Sep 23

Triumph Financial: Still Too Speculative To Warrant Optimism

Summary Triumph Financial is not a traditional bank; it has a significant factoring unit for trucking fleets and a robust payments platform. Despite some balance sheet improvements, declining net interest income and high valuation multiples make Triumph Financial less attractive. The payments division shows strong growth, but the trucking industry's challenges and the bank's high uninsured deposit exposure are concerning. Given its unique assets and potential rate cut benefits, I maintain a speculative 'hold' rating, though a downgrade is possible. Read the full article on Seeking Alpha
Seeking Alpha • Jul 01

Triumph Financial: Upgrading 8.3% Yielding Preferred Shares To A Buy

Summary Triumph Financial struggled as interest rates rose, but has shown improvement since last year. Despite some challenges, Triumph Financial has managed to maintain a healthy net interest income and strong asset yields. The bank's deposit growth has improved, reducing concerns about its loan to deposit ratio, making the preferred shares a buy. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Triumph Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:TFIN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26442283320
31 Dec 25436223350
30 Sep 2541373380
30 Jun 25410103380
31 Mar 2540293410
31 Dec 24397133330
30 Sep 24397193320
30 Jun 24399263230
31 Mar 24399313140
31 Dec 23406383110
30 Sep 23418463060
30 Jun 23422493060
31 Mar 23469863040
31 Dec 22477992990
30 Sep 224821082920
30 Jun 224791162750
31 Mar 224381002590
31 Dec 214321102450
30 Sep 214171152200
30 Jun 213981142080
31 Mar 213621001920
31 Dec 20307621860
30 Sep 20280481780
30 Jun 20265401740
31 Mar 20261391710
31 Dec 19280591650
30 Sep 19274601560
30 Jun 19266551540
31 Mar 19252541420
31 Dec 18234511360
30 Sep 18211391210
30 Jun 18193401060
31 Mar 1818237990
31 Dec 17164351020
30 Sep 1715335980
30 Jun 1714430940
31 Mar 1712925880
31 Dec 1612720750
30 Sep 1611618710
30 Jun 1611019690
31 Mar 1610919660
31 Dec 1510428670
30 Sep 1510126650
30 Jun 159630640

Quality Earnings: TFIN has high quality earnings.

Growing Profit Margin: TFIN's current net profit margins (6.4%) are higher than last year (2.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TFIN's earnings have declined by 42.6% per year over the past 5 years.

Accelerating Growth: TFIN's earnings growth over the past year (225.9%) exceeds its 5-year average (-42.6% per year).

Earnings vs Industry: TFIN earnings growth over the past year (225.9%) exceeded the Banks industry 22.8%.

Return on Equity

High ROE: TFIN's Return on Equity (3.3%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/07 13:55
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Triumph Financial, Inc. is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harold GoetschB. Riley Securities, Inc.
null nullD.A. Davidson & Co.
Gary TennerD.A. Davidson & Co.