Triumph Financial, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Triumph Financial, Inc. reported revenue of $63.9M (+26.6% year on year) and net income of $33.0M (+61.2% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Loans, including fees | $220.0M | $213.8M | $228.4M | $181.2M |
| Factored receivables, including fees | $172.9M | $159.9M | $160.6M | $223.2M |
| Securities | $21.6M | $23.6M | $19.8M | $8.2M |
| FHLB and other stock | $1.7M | — | — | — |
| Cash deposits | $14.2M | $24.2M | $12.6M | $6.4M |
| Total interest and dividend income | $430.5M | $422.5M | $422.4M | $419.2M |
| Deposits | $64.1M | $56.2M | $34.3M | $10.0M |
| Subordinated notes | $2.7M | $4.7M | $5.3M | $5.2M |
| Junior subordinated debentures | $4.1M | $4.6M | $4.4M | $2.7M |
| Other borrowings | $9.1M | $6.5M | $10.3M | $835.0K |
| Total interest expense | $79.9M | $72.1M | $54.3M | $18.7M |
| Net interest income (expense) | $350.6M | $350.5M | $368.1M | $400.5M |
| Credit loss expense (benefit) | $3.1M | $18.8M | $12.2M | $6.9M |
| Net interest income (expense) after credit loss expense | $347.4M | $331.7M | $355.9M | $393.6M |
| Revenue | $63.9M | $50.5M | $45.4M | $39.2M |
| Net gains (losses) on sale or call of securities | $0 | ($1.0K) | $102.0K | $2.5M |
| Net gains (losses) on sale of loans | $514.0K | $178.0K | $119.0K | $18.2M |
| Net gains (losses) on disposal of premises and equipment | $14.9M | — | — | — |
| Insurance commissions | $3.5M | $5.9M | $5.0M | $5.1M |
| Other | $5.5M | $8.9M | ($503.0K) | $19.1M |
| Total noninterest income | $88.4M | $65.4M | $50.2M | $84.1M |
| Salaries and employee benefits | $233.9M | $219.6M | $210.6M | $201.5M |
| Occupancy, furniture and equipment | $31.9M | $33.0M | $28.9M | $26.8M |
| FDIC insurance and other regulatory assessments | $4.4M | $2.7M | $2.6M | $1.5M |
| Professional fees | $15.3M | $17.8M | $13.2M | $15.6M |
| Amortization of intangible assets | $11.6M | $12.0M | $11.5M | $11.9M |
| Advertising and promotion | $7.2M | $6.2M | $6.7M | $7.6M |
| Communications and technology | $49.8M | $50.9M | $45.7M | $40.3M |
| Software amortization | $10.8M | $5.8M | — | — |
| Travel and entertainment | $5.3M | $5.4M | — | — |
| Other | $32.8M | $23.1M | $34.1M | $35.4M |
| Total noninterest expense | $402.9M | $376.6M | $353.2M | $340.6M |
| Net income (loss) before income tax expense | $33.0M | $20.5M | $52.8M | $137.0M |
| Income tax expense | $7.6M | $4.4M | $11.7M | $34.7M |
| Net income | $25.4M | $16.1M | $41.1M | $102.3M |
| Dividends on preferred stock | ($3.2M) | ($3.2M) | ($3.2M) | ($3.2M) |
| Net income available to common stockholders | $22.2M | $12.9M | $37.9M | $99.1M |
| Basic (in dollars per share) | $0.94 | $0.55 | $1.63 | $4.06 |
| Diluted (in dollars per share) | $0.93 | $0.54 | $1.61 | $3.96 |
| Line item | Sep 30, 2026 · Q3 | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 |
|---|---|---|---|---|
| Loans, including fees | $52.6M | $53.6M | $47.7M | $56.4M |
| Factored receivables, including fees | $63.5M | $59.0M | $46.0M | $43.8M |
| Securities | $3.0M | $3.9M | $4.5M | $5.5M |
| FHLB and other stock | $167.0K | $146.0K | $272.0K | $223.0K |
| Cash deposits | $11.2M | $7.9M | $4.3M | $3.0M |
| Total interest income | $130.6M | $124.5M | $102.8M | $108.9M |
| Deposits | $25.8M | $24.0M | $14.1M | $17.5M |
| Subordinated notes | $634.0K | $663.0K | $662.0K | $661.0K |
| Junior subordinated debentures | $983.0K | $965.0K | $954.0K | $1.0M |
| Other borrowings | $0 | $56.0K | $993.0K | $1.9M |
| Total interest expense | $27.4M | $25.7M | $16.7M | $21.1M |
| Net interest income (expense) | $103.1M | $98.8M | $86.1M | $87.8M |
| Credit loss expense (benefit) | $5.2M | $2.7M | ($607.0K) | $4.3M |
| Net interest income after credit loss expense (benefit) | $97.9M | $96.1M | $86.7M | $83.5M |
| Revenue | $19.7M | $19.5M | $16.9M | $18.1M |
| Net gains (losses) on sale of loans | $99.0K | $100.0K | $87.0K | $119.0K |
| Net (gains) losses on disposal of premises and equipment | $333.0K | ($1.8M) | $606.0K | — |
| Insurance commissions | $1.2M | $1.0M | $1.1M | $1.5M |
| Other | $1.2M | $2.6M | $996.0K | $1.7M |
| Total noninterest income | $22.5M | $21.4M | $19.7M | $21.4M |
| Salaries and employee benefits | $58.9M | $60.1M | $58.2M | $60.2M |
| Occupancy, furniture and equipment | $6.9M | $6.4M | $6.5M | $7.9M |
| FDIC insurance and other regulatory assessments | $1.7M | $1.2M | $1.1M | $1.5M |
| Professional fees | $5.5M | $7.1M | $4.8M | $5.2M |
| Amortization of intangible assets | $2.4M | $2.5M | $2.5M | $3.0M |
| Advertising and promotion | $1.7M | $1.4M | $1.2M | $2.2M |
| Communications and technology | $14.1M | $11.9M | $13.1M | $12.3M |
| Software amortization | $3.7M | $3.5M | $3.3M | $2.9M |
| Travel and entertainment | $1.5M | $1.2M | $1.5M | $1.0M |
| Other | $5.5M | $6.4M | $6.1M | $7.6M |
| Total noninterest expense | $102.0M | $101.6M | $98.3M | $103.7M |
| Net income before income tax expense | $18.5M | $15.9M | $8.1M | $1.3M |
| Income tax expense | $5.1M | $4.5M | $1.8M | ($425.0K) |
| Net income | $13.4M | $11.4M | $6.4M | $1.7M |
| Dividends on preferred stock | ($801.0K) | ($802.0K) | ($801.0K) | ($801.0K) |
| Net income (loss) available to common stockholders | $12.6M | $10.6M | $5.6M | $907.0K |
| Basic (in dollars per share) | $0.53 | $0.44 | $0.23 | $0.04 |
| Diluted (in dollars per share) | $0.52 | $0.44 | $0.23 | $0.04 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $67.5M | $73.8M | $93.1M | $133.9M |
| Interest-bearing deposits with other banks | $180.9M | $256.3M | $193.6M | $274.3M |
| Total cash and cash equivalents | $248.5M | $330.1M | $286.6M | $408.2M |
| Securities - equity investments | $4.6M | $4.4M | $4.5M | $5.2M |
| Securities - available for sale | $364.3M | $381.6M | $299.6M | $254.5M |
| Securities - held to maturity, net of allowance for credit losses of $1,628 and $3,491, respectively, fair value $1,878 and $2,514, respectively | $1.6M | $1.9M | $3.0M | $4.1M |
| Loans held for sale | $459.0K | $1.2M | $1.2M | $5.6M |
| Loans, net of allowance for credit losses of $36,511 and $40,714, respectively | $5.0B | $4.5B | $4.1B | $4.1B |
| Federal Home Loan Bank and other restricted stock, at cost | $14.3M | $14.1M | $14.3M | $6.3M |
| Premises and equipment, net | $91.1M | $160.7M | $113.5M | $103.3M |
| Capitalized software, net | $46.4M | $38.0M | — | — |
| Goodwill | $355.3M | $241.9M | $233.7M | $233.7M |
| Intangible assets, net | $47.9M | $16.3M | $23.6M | $32.1M |
| Bank-owned life insurance | $64.9M | $62.7M | $41.9M | $41.5M |
| Deferred tax asset, net | $181.0K | $13.6M | $8.8M | $16.5M |
| Other assets | $186.5M | $176.3M | $188.6M | $141.5M |
| Total assets | $6.4B | $5.9B | $5.3B | $5.3B |
| Noninterest-bearing | $1.9B | $2.0B | $1.6B | $1.8B |
| Interest-bearing | $3.0B | $2.9B | $2.3B | $2.4B |
| Total deposits | $5.0B | $4.8B | $4.0B | $4.2B |
| Federal Home Loan Bank advances | $280.0M | $30.0M | $255.0M | $30.0M |
| Subordinated notes | $69.9M | $69.7M | $108.7M | $107.8M |
| Junior subordinated debentures | $43.0M | $42.4M | $41.7M | $41.2M |
| Other liabilities | $95.7M | $95.2M | $100.0M | $94.2M |
| Total liabilities | $5.4B | $5.1B | $4.5B | $4.4B |
| Preferred stock | $45.0M | $45.0M | $45.0M | $45.0M |
| Common stock, 23,765,385 and 23,391,411 shares outstanding, respectively | 295.0K | 291.0K | 290.0K | 283.0K |
| Additional paid-in-capital | $597.5M | $567.9M | $550.7M | $534.8M |
| Treasury stock, at cost | ($270.6M) | ($268.4M) | ($265.0M) | ($182.7M) |
| Retained earnings | $571.4M | $549.2M | $536.3M | $498.5M |
| Accumulated other comprehensive income | ($1.7M) | ($3.1M) | ($2.9M) | ($6.9M) |
| Total stockholders’ equity | $941.8M | $890.9M | $864.4M | $889.0M |
| Total liabilities and stockholders' equity | $6.4B | $5.9B | $5.3B | $5.3B |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks | $64.6M | $74.0M | $64.4M | $70.5M |
| Interest bearing deposits with other banks | $967.9M | $822.8M | $517.6M | $76.7M |
| Total cash and cash equivalents | $1.0B | $896.8M | $581.9M | $147.2M |
| Securities - equity investments with readily determinable fair values | $4.4M | $4.5M | $4.6M | $4.6M |
| Securities - available for sale | $201.7M | $268.1M | $339.6M | $378.1M |
| Securities - held to maturity, net of allowance for credit losses of $2,488 and $1,628, respectively, fair value of $390 and $1,878, respectively | $554.0K | $977.0K | $1.0M | $1.8M |
| Loans held for sale | $2.4M | $1.4M | $2.5M | $9.7M |
| Loans held for investment | $5.7B | $5.5B | — | — |
| Allowance for credit losses | ($38.6M) | ($34.8M) | — | — |
| Loans, net of allowance for credit losses | $5.6B | $5.4B | $5.2B | $5.0B |
| Federal Home Loan Bank and other restricted stock | $3.2M | $3.2M | $4.4M | $14.1M |
| Premises and equipment, net | $86.6M | $86.0M | $89.5M | $141.1M |
| Intangible assets, net | $91.6M | $92.8M | $45.4M | $52.3M |
| Goodwill | $355.3M | $355.3M | $355.3M | $353.9M |
| Bank-owned life insurance | $65.8M | $65.3M | $65.4M | $64.3M |
| Deferred tax assets, net | $0 | $0 | $0 | $0 |
| Other assets | $190.4M | $187.0M | $183.9M | $191.7M |
| Total assets | $7.7B | $7.4B | $6.9B | $6.4B |
| Noninterest bearing | $4.3B | $3.8B | $3.0B | $2.1B |
| Interest bearing | $2.2B | $2.4B | $2.7B | $2.9B |
| Total deposits | $6.5B | $6.2B | $5.7B | $5.0B |
| Federal Home Loan Bank advances | $0 | $0 | $30.0M | $280.0M |
| Subordinated notes | $70.0M | $70.0M | $69.9M | $69.8M |
| Junior subordinated debentures | $43.5M | $43.3M | $43.2M | $42.8M |
| Deferred tax liabilities, net | $7.4M | $7.2M | $4.5M | $687.0K |
| Other liabilities | $112.9M | $102.5M | $78.5M | $89.2M |
| Total liabilities | $6.7B | $6.4B | $5.9B | $5.4B |
| Preferred stock | $45.0M | $45.0M | $45.0M | $45.0M |
| Common stock, 23,921,510 and 23,765,385 shares outstanding, respectively | 297.0K | 297.0K | 296.0K | 295.0K |
| Additional paid-in-capital | $611.0M | $605.9M | $601.8M | $593.6M |
| Treasury stock, at cost | ($272.8M) | ($272.8M) | ($270.7M) | ($270.6M) |
| Retained earnings | $600.1M | $587.5M | $576.9M | $553.0M |
| Accumulated other comprehensive income (loss) | ($5.0M) | ($2.6M) | ($2.6M) | ($1.9M) |
| Total stockholders’ equity | $978.6M | $963.3M | $950.7M | $919.3M |
| Total liabilities and stockholders' equity | $7.7B | $7.4B | $6.9B | $6.4B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $25.4M | $16.1M | $41.1M | $102.3M |
| Depreciation | $14.9M | $15.5M | $13.8M | $13.3M |
| Net accretion on loans | ($2.9M) | ($2.8M) | ($5.2M) | ($8.6M) |
| Amortization of subordinated notes issuance costs | $217.0K | $484.0K | $878.0K | $843.0K |
| Amortization of junior subordinated debentures | $639.0K | $612.0K | $582.0K | $556.0K |
| Net (accretion) amortization on securities | ($454.0K) | ($763.0K) | ($844.0K) | ($882.0K) |
| Amortization of intangible assets | $11.6M | $12.0M | $11.5M | $11.9M |
| Software amortization | $10.8M | $5.8M | — | — |
| Deferred taxes, net | $6.3M | ($4.8M) | $6.5M | ($1.8M) |
| Credit loss expense (benefit) | $3.1M | $18.8M | $12.2M | $6.9M |
| Stock based compensation | $14.0M | $14.5M | $13.2M | $21.2M |
| Net (gains) losses on sale or call of debt securities | $0 | $1.0K | ($102.0K) | ($2.5M) |
| Net (gains) losses on equity securities | $980.0K | ($491.0K) | ($80.0K) | ($9.8M) |
| Net OREO (gains) losses and valuation adjustments | ($304.0K) | $66.0K | $0 | $133.0K |
| Net (gains) losses on disposal of premises and equipment | ($14.9M) | — | — | — |
| Origination of loans held for sale | ($16.4M) | ($8.4M) | ($5.3M) | ($12.0M) |
| Proceeds from sale of loans originated or purchased for sale | $17.4M | $7.6M | $4.1M | $26.5M |
| Net (gains) losses on sale of loans | ($514.0K) | ($178.0K) | ($119.0K) | ($18.2M) |
| Net change in operating leases | ($491.0K) | $110.0K | ($278.0K) | $190.0K |
| Change in estimated fair value of revenue share asset | $9.0K | ($1.3M) | — | — |
| (Increase) decrease in other assets | ($6.3M) | ($13.4M) | ($45.1M) | ($35.2M) |
| Increase (decrease) in other liabilities | $4.0M | ($1.8M) | ($3.6M) | ($6.3M) |
| Net cash provided by (used in) operating activities | $67.1M | $58.6M | $43.2M | $74.5M |
| Purchases of securities available for sale | ($105.0M) | ($204.8M) | ($72.0M) | ($140.8M) |
| Proceeds from sales of securities available for sale | $0 | $0 | $16.0M | $40.2M |
| Proceeds from maturities, calls, and pay downs of securities available for sale | $124.3M | $123.3M | $28.8M | $26.3M |
| Proceeds from maturities, calls, and pay downs of securities held to maturity | $229.0K | $978.0K | $529.0K | $679.0K |
| Proceeds from sales of equity securities | $94.0K | $700.0K | $783.0K | — |
| Purchases of loans held for investment | ($34.2M) | ($37.2M) | ($18.8M) | ($147.8M) |
| Proceeds from sale of loans | $23.9M | $23.6M | $59.2M | $232.8M |
| Net change in loans | ($450.6M) | ($380.2M) | ($92.1M) | $581.6M |
| Purchases of premises and equipment | ($16.4M) | ($62.8M) | ($23.9M) | ($10.9M) |
| Proceeds from sales of premises and equipment | $86.8M | — | — | — |
| Expenditures for capitalized software | ($19.2M) | ($21.5M) | — | — |
| Net proceeds from sale of OREO | $2.3M | $592.0K | $0 | $438.0K |
| (Purchases) redemptions of FHLB and other restricted stock, net | ($199.0K) | $224.0K | ($8.0M) | $3.9M |
| Purchase of Bank Owned Life Insurance | $0 | ($20.0M) | — | — |
| Acquired intangible assets | ($124.0K) | ($2.9M) | ($3.0M) | — |
| Net cash paid for acquisitions | ($137.4M) | ($10.0M) | $0 | $0 |
| Net cash provided by (used in) investing activities | ($525.5M) | ($590.0M) | ($112.7M) | $672.4M |
| Net increase (decrease) in deposits | $129.4M | $843.3M | ($193.9M) | ($464.5M) |
| Increase (decrease) in customer repurchase agreements | $0 | $0 | ($340.0K) | ($1.8M) |
| Increase (decrease) in Federal Home Loan Bank advances | $250.0M | ($225.0M) | $225.0M | ($150.0M) |
| Repayment of other borrowings | $0 | ($39.5M) | $0 | ($27.1M) |
| Preferred stock dividends | ($3.2M) | ($3.2M) | ($3.2M) | ($3.2M) |
| Line item | Sep 30, 2026 · YTD | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $31.2M | $17.7M | $6.4M | $6.1M |
| Depreciation | $8.8M | $5.6M | $2.9M | $11.6M |
| Net accretion on loans | ($198.0K) | ($115.0K) | ($100.0K) | ($2.1M) |
| Amortization of subordinated notes issuance costs | $121.0K | $100.0K | $50.0K | $167.0K |
| Amortization of junior subordinated debentures | $500.0K | $330.0K | $163.0K | $477.0K |
| Net (accretion) amortization on securities | ($116.0K) | ($43.0K) | ($68.0K) | ($349.0K) |
| Amortization of intangible assets | $7.4M | $5.0M | $2.5M | $8.8M |
| Software amortization | $10.5M | $6.8M | $3.3M | $7.7M |
| Deferred taxes, net | $8.6M | $7.7M | $4.9M | $7.6M |
| Credit loss expense (benefit) | $7.3M | $2.1M | ($607.0K) | $4.9M |
| Stock based compensation | $11.1M | $7.5M | $3.4M | $10.3M |
| Net (gains) losses on equity securities | $219.0K | $48.0K | $29.0K | ($213.0K) |
| Net OREO (gains) losses and valuation adjustments | $61.0K | $61.0K | ($102.0K) | ($304.0K) |
| Net (gains) losses on disposal of premises and equipment | $840.0K | $1.2M | ($606.0K) | ($441.0K) |
| Origination of loans held for sale | ($14.5M) | ($11.1M) | ($5.5M) | ($13.7M) |
| Proceeds from sale of loans originated or purchased for sale | $12.8M | $10.3M | $3.3M | $7.0M |
| Net (gains) losses on sale of loans | ($286.0K) | ($187.0K) | ($87.0K) | ($443.0K) |
| Net change in operating leases | ($1.4M) | ($545.0K) | ($156.0K) | ($351.0K) |
| Change in estimated fair value of revenue share asset | $63.0K | $312.0K | $122.0K | $47.0K |
| (Increase) decrease in other assets | ($10.3M) | ($4.5M) | ($4.0M) | ($14.5M) |
| Increase (decrease) in other liabilities | $4.0M | $2.9M | ($10.7M) | ($2.3M) |
| Net cash provided by (used in) operating activities | $76.8M | $51.2M | $5.1M | $30.6M |
| Proceeds from sales of equity securities | $0 | — | — | $94.0K |
| Purchases of securities available for sale | $0 | $0 | $0 | ($105.0M) |
| Proceeds from maturities, calls, and pay downs of securities available for sale | $168.4M | $95.0M | $23.6M | $110.3M |
| Proceeds from maturities, calls, and pay downs of securities held to maturity | $263.0K | $201.0K | $43.0K | $196.0K |
| Purchases of loans held for investment | ($67.4M) | ($3.7M) | ($3.5M) | ($22.7M) |
| Proceeds from sale of loans | $845.0K | $535.0K | $0 | $18.3M |
| Net change in loans | ($631.2M) | ($486.1M) | ($195.8M) | ($449.2M) |
| Purchases of premises and equipment | ($9.6M) | ($5.3M) | ($1.7M) | ($9.3M) |
| Proceeds from sales of premises and equipment | $4.4M | $1.2M | $1.1M | $11.5M |
| Net proceeds from sale of OREO | $10.1M | $10.1M | $312.0K | $2.3M |
| Expenditures for capitalized software | ($14.9M) | ($10.3M) | ($5.3M) | ($14.7M) |
| (Purchases) redemptions of FHLB and other restricted stock, net | $11.1M | $11.1M | $9.9M | ($38.0K) |
| Net cash paid for acquisitions | $0 | $0 | — | ($137.5M) |
| Acquired intangible assets | ($315.0K) | ($39.0K) | $0 | ($124.0K) |
| Net cash provided by (used in) investing activities | ($528.3M) | ($387.2M) | ($171.4M) | ($596.0M) |
| Net increase (decrease) in deposits | $1.5B | $1.3B | $749.7M | $134.4M |
| Increase (decrease) in short term Federal Home Loan Bank advances | ($250.0M) | ($250.0M) | ($250.0M) | $250.0M |
| Repayment of long term Federal Home Loan Bank advances | ($30.0M) | ($30.0M) | — | — |
| Preferred stock dividends | ($2.4M) | ($1.6M) | ($801.0K) | ($2.4M) |
| Stock option exercises, net | $301.0K | ($211.0K) | ($211.0K) | $218.0K |
| Proceeds from employee stock purchase plan common stock issuance | $2.1M | $1.2M | $1.2M | $2.5M |
| Purchase of treasury stock, net | ($2.2M) | ($2.2M) | ($92.0K) | ($2.2M) |
| Net cash provided by (used in) financing activities | $1.2B | $984.3M | $499.8M | $382.5M |
Triumph Financial, Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.