Triumph Bancorp

Triumph Financial, Inc. operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services. The Banking segment relates to operations of TBK Bank, including loans originated under Triumph Commercial Finance, Triumph Healthcare Finance, and Triumph Premium Finance brands. The Corporate segment refers to the financing and investment activities, as well as the management and administrative expenses. The company was founded by Aaron P. Graft in November 2010 and is headquartered in Dallas, TX.

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Triumph Financial, Inc. is a holding company, which engages in offering traditional banking and financial solutions. It operates through the following segments: Banking, Factoring, Payments, and Corporate. The Banking segment relates to traditional banking services. The Factoring segment includes the operations of Triumph Business Capital, which offers factoring services. The Payments segment offers a payment network for the over-the-road trucking industry. The Corporate segment refers to the financing, investment activities, management and administrative expenses. The company was founded by Aaron P. Graft on November 10, 2003 and is headquartered in Dallas, TX.

Triumph Financial Inc

DALLAS, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) today announced that it expects to release its fourth quarter financial results and management commentary after the market closes on Wednesday, January 25, 2023. Upon filing, the financial results and commentary will be available on the Company's website at tfin.com.

Triumph Financial Announces Schedule for Fourth Quarter 2022 Earnings Release and Conference Call

DALLAS, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Triumph, a member of the Triumph Financial, Inc. (Nasdaq: TFIN) portfolio of brands and a leading provider of working capital financing solutions to the transportation industry, announced today the appointment of Tim Valdez as president of its factoring division. In this new role, Valdez will now oversee the strategic direction of Triumph's factoring vertical.

Triumph Appoints Tim Valdez President of Factoring Division

DALLAS, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (f/k/a Triumph Bancorp, Inc.) (Nasdaq: TFIN) (“Triumph” or the “Company”) announced today the final results of its modified “Dutch auction” tender offer to purchase up to $100 million of its common stock for cash at a price per share not less than $51.00 and not greater than $58.00, which expired at 12:00 midnight, New York City time, at the end of the day on December 6, 2022.

Triumph Financial, Inc. Announces Final Results of Tender Offer

DALLAS, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (f/k/a Triumph Bancorp, Inc.) (Nasdaq: TFIN) (“Triumph” or the “Company”) announced today the preliminary results of its modified “Dutch auction” tender offer to purchase up to $100 million of its common stock for cash at a price per share not less than $51.00 and not greater than $58.00, which expired at 12:00 midnight, New York City time, at the end of the day on December 6, 2022.

Triumph Financial, Inc. Announces Preliminary Results of Tender Offer

DALLAS, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. today announced the completion of an extensive rebranding effort, including a change of the company name to Triumph Financial, Inc. (the “Company” or “Triumph Financial”). Prior to the market open on Dec. 2, 2022, the Company's common stock will begin trading on NASDAQ under the ticker symbol “TFIN.” This will replace the Company's current ticker symbol for its common stock “TBK,” which has been used since its initial public offering in November 2014.

Triumph Bancorp Rebrands to Triumph Financial

DALLAS, Nov. 30, 2022 (GLOBE NEWSWIRE) -- November 30, 2022 (GLOBE NEWSWIRE) – Triumph Bancorp, Inc. (the “Company”) (Nasdaq: TBK) today announced the Company's Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ: TBKCP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on December 30, 2022, to holders of record at the close of business on December 15, 2022.

Triumph Bancorp Announces Dividend for 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Schneider becomes 76th broker added to TriumphPay's open payments network since launching in January Schneider becomes 76th broker added to TriumphPay's open payments network since launching in January

Schneider Expands TriumphPay Relationship to Include Invoice Processing and Joins Payments Network

This regional bank jumped higher after announcing a stock buyback plan

Why Triumph Bancorp Stock Was Up 18.6% This Week

DALLAS, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) (“Triumph” or the “Company”) announced today that it has commenced a modified “Dutch auction” tender offer (the “Tender Offer”) to purchase for cash up to $100 million of its common stock (the “Common Stock”) at a price per share not less than $51.00 and not greater than $58.00, less any applicable withholding taxes and without interest, using available cash on hand. On November 4, 2022, the closing price of the Common Stock was $49.35 per share. The Tender Offer will expire at 12:00 midnight, New York City time, at the end of the day on December 6, 2022, unless extended or terminated.

Triumph Bancorp, Inc. Commences a Modified “Dutch Auction” Tender Offer to Repurchase up to $100 Million of its Common Stock

There are a lot of numbers in the quarterly earnings report of Triumph Bank. But the one that clearly matters most for the long-term strategy of the company is 21.7%.

Invoice sizes down, but at TriumphPay, other growth indicators point up

Triumph Bancorp, Inc. (NASDAQ:TBK ) Q3 2022 Results Earnings Conference Call October 20, 2022 8:00 AM ET Company Participants Aaron Graft - Founder, Vice Chairman, and Chief Executive Officer Melissa Forman - President, TriumphPay Geoff Brenner - Chief Executive Officer, Triumph Business Capital Brad Voss - Executive Vice President and Chief Financial Officer Conference Call Participants Matt Olney - Stephens, Inc. Gary Tenner - D.A. Davidson & Co. Brad Milsaps - Piper Sandler & Co. Joseph Yanchunis - Raymond James & Associates Unidentified Company Representative Good morning.

Triumph Bancorp, Inc. (TBK) Q3 2022 Earnings Call Transcript

Triumph Bancorp (TBK) delivered earnings and revenue surprises of -25.30% and 2.94%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Triumph Bancorp (TBK) Misses Q3 Earnings and Revenue Estimates

DALLAS, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) has released its third quarter 2022 financial results. The Q3 2022 financial results and shareholder letter are available on the investor relations section of the Company's website at ir.triumphbancorp.com through the News & Events, Webcasts & Presentations links.

Triumph Bancorp Releases Third Quarter 2022 Financial Results

Triumph Bancorp (TBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Triumph Bancorp (TBK) to Report a Decline in Earnings: What to Look Out for

DALLAS, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) today announced that it expects to release its third quarter financial results and management commentary after the market closes on Wednesday, October 19, 2022. Upon filing, the financial results and commentary will be available on the Company's website at www.triumphbancorp.com through the Investor Relations portal.

Triumph Bancorp Announces Schedule for Third Quarter 2022 Earnings Release and Conference Call

Logistics and financial sector veteran to lead TriumphPay's client relationship team Logistics and financial sector veteran to lead TriumphPay's client relationship team

TriumphPay Appoints Dan Curtis as EVP, Chief Relationship Management Officer

The company has created a network to connect the carriers, freight brokers, shippers, and factoring companies.

This Stock Wants to Become the Ubiquitous Payments Network for the $800 Billion Trucking Industry

Dallas-based Triumph Bancorp's second-quarter earnings report reflected that the bank — a leading supplier of funds to the trucking industry through factoring — sees “a long runway of growth on the horizon” despite some uncertainties in the near term. “While there is definitely softening on dry van lanes that are most closely associated with consumer demand, we are not seeing changes in tonnage or volumes on flatbed, refrigerated units or nonconsumer dry van lanes,” Aaron P.

Trucking lender ‘cautiously optimistic' market won't get worse in 2022

Triumph Bancorp, Inc. (NASDAQ:TBK ) Q2 2022 Earnings Conference Call July 21, 2022 8:00 AM ET Company Participants Aaron Graft – Vice Chairman and Chief Executive Officer Geoff Brenner – Chief Executive Officer, Triumph Business Capital Melissa Forman – President of TriumphPay Brad Voss – Chief Financial Officer Conference Call Participants Michael Rose – Raymond James Matt Olney – Stephens Steve Moss – B. Riley Brad Milsaps – Piper Sandler Gary Tenner – D.A.

Triumph Bancorp Inc's (TBK) CEO Aaron Graft on Q2 2022 Results - Earnings Call Transcript

Triumph Bancorp (TBK) delivered earnings and revenue surprises of 2.35% and 10.59%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Triumph Bancorp (TBK) Tops Q2 Earnings and Revenue Estimates

DALLAS, July 20, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) has released its second quarter 2022 financial results. The Q2 2022 financial results and shareholder letter are available on the investor relations section of the Company's website at ir.triumphbancorp.com through the News & Events, Webcasts & Presentations links.

Triumph Bancorp Releases Second Quarter 2022 Financial Results

Triumph Bancorp (TBK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Triumph Bancorp (TBK) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

DALLAS, July 07, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) today announced that it expects to release its second quarter financial results and management commentary after the market closes on Wednesday, July 20, 2022. Upon filing, the financial results and commentary will be available on the Company's website at www.triumphbancorp.com through the Investor Relations portal.

Triumph Bancorp Announces Schedule for 2nd Quarter 2022 Earnings Release and Conference Call

While a solid balance sheet indicates that Triumph Bancorp's (TBK) share repurchases might be sustainable, a near-term decline in earnings might be concerning.

Triumph Bancorp (TBK) Up on Additional Share Buyback Program

DALLAS, May 23, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) (“Triumph” or the “Company”) announced that it had completed its $50 million stock repurchase program authorized on February 7, 2022, repurchasing a total of 709,795 shares of its common stock into treasury stock at an average price of $70.41 per share, and that its Board of Directors had authorized an additional share repurchase program of up to $75 million of the Company's common stock. The Company may repurchase shares from time to time in open market transactions or through privately negotiated transactions at the Company's discretion. The amount, timing and nature of any share repurchases will be based on a variety of factors, including the trading price of the Company's common stock, applicable securities laws restrictions, regulatory limitations and market and economic factors. The repurchase program is authorized for a period of up to one year and does not require the Company to repurchase any specific number of shares. The repurchase program may be modified, suspended or discontinued at any time, at the Company's discretion.

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