Triumph Financial, Inc.
For the period ended Sep 30, 2026. Filed Oct 21, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 21, 2026
TFIN$61.58-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(Dollar amounts in thousands, except per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Interest and dividend income: | ||||
| Loans, including fees | $52,626 | $56,400 | $153,874 | $164,812 |
| Factored receivables, including fees | 63,549 | 43,841 | 168,528 | 126,752 |
| Securities | 3,027 | 5,489 | 11,471 | 16,518 |
| FHLB and other stock | 167 | 223 | 585 | 718 |
| Cash deposits | 11,201 | 2,987 | 23,404 | 11,611 |
| Total interest income | 130,570 | 108,940 | 357,862 | 320,411 |
| Interest expense: | ||||
| Deposits | 25,827 | 17,532 | 63,906 | 47,434 |
| Subordinated notes | 634 | 661 | 1,959 | 2,004 |
| Junior subordinated debentures | 983 | 1,049 | 2,902 | 3,078 |
| Other borrowings | — | 1,865 | 1,049 | 7,001 |
| Total interest expense | 27,444 | 21,107 | 69,816 | 59,517 |
| Net interest income | 103,126 | 87,833 | 288,046 | 260,894 |
| Credit loss expense (benefit) | 5,220 | 4,284 | 7,349 | 4,912 |
| Net interest income after credit loss expense (benefit) | 97,906 | 83,549 | 280,697 | 255,982 |
| Noninterest income: | ||||
| Service charges on deposits | 1,870 | 1,847 | 4,880 | 5,185 |
| Card income | 2,142 | 1,968 | 6,231 | 5,687 |
| Net gains (losses) on sale of loans | 99 | 119 | 286 | 443 |
| Net gains (losses) on disposal of premises and equipment | 333 | (3) | (840) | 625 |
| Fee income | 15,701 | 14,305 | 44,963 | 36,174 |
| Insurance commissions | 1,201 | 1,481 | 3,318 | 4,013 |
| Other | 1,200 | 1,731 | 4,830 | 5,895 |
| Total noninterest income | 22,546 | 21,448 | 63,668 | 58,022 |
| Noninterest expense: | ||||
| Salaries and employee benefits | 58,866 | 60,192 | 177,121 | 178,792 |
| Occupancy, furniture and equipment | 6,935 | 7,862 | 19,800 | 24,443 |
| FDIC insurance and other regulatory assessments | 1,656 | 1,468 | 3,881 | 3,089 |
| Professional fees | 5,516 | 5,228 | 17,368 | 10,972 |
| Amortization of intangible assets | 2,436 | 2,956 | 7,438 | 8,756 |
| Advertising and promotion | 1,681 | 2,209 | 4,298 | 5,511 |
| Communications and technology | 14,140 | 12,295 | 39,209 | 36,854 |
| Software amortization | 3,739 | 2,868 | 10,516 | 7,725 |
| Travel and entertainment | 1,479 | 1,043 | 4,207 | 4,154 |
| Other | 5,515 | 7,593 | 18,020 | 24,431 |
| Total noninterest expense | 101,963 | 103,714 | 301,858 | 304,727 |
| Net income before income tax expense | 18,489 | 1,283 | 42,507 | 9,277 |
| Income tax expense | 5,060 | (425) | 11,353 | 3,132 |
| Net income | $13,429 | $1,708 | $31,154 | $6,145 |
| Dividends on preferred stock | (801) | (801) | (2,404) | (2,404) |
| Net income (loss) available to common stockholders | $12,628 | $907 | $28,750 | $3,741 |
| Earnings per common share | ||||
| Basic | $0.53 | $0.04 | $1.21 | $0.16 |
| Diluted | $0.52 | $0.04 | $1.19 | $0.16 |
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