Quarterly ResultJul 21, 2026, 04:17 PM
Triumph Financial Q2 Net Income $10.6M, EPS $0.44
AI Summary
Triumph Financial, Inc. reported Q2 2026 net income to common stockholders of $10.6 million, or $0.44 per diluted share, with non-core items reducing EPS by $0.13. The company saw strong performance in its Payments and Factoring segments, with Payments revenue up 29.4% YoY and Factoring purchased volume increasing 43.3% YoY. Triumph also launched new Intelligence products and freight market indices, while continuing strategic investments in LoadPay and Intelligence for long-term value, despite a short-term earnings drag. Banking segment operating income was flat, with an increase in servicing deposits and improved credit metrics.
Key Highlights
- Net income to common stockholders was $10.6 million, or $0.44 per diluted share.
- Non-core items reduced EPS by $0.13, primarily due to efficiency initiatives.
- Payments segment revenue grew 29.4% YoY to $22.3 million, with EBITDA margin at 25.7%.
- LoadPay accounts increased 331.1% YoY to 10,204, with revenue growth of 49.2%.
- Factoring pretax operating income was $20.9 million, with purchased volume up 43.3% YoY to $4.1 billion.
- Average transportation invoice size in Factoring increased 29.9% YoY to $2,160.
- Intelligence segment revenue was $2.4 million, with a strong gross margin of 84.7%.
- Banking segment added $600 million in new servicing deposits; non-performing loans decreased to 1.65%.
Price Impact
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