Triumph Financial Inc - Understand $tfin stock

$TFIN Market Cap: $2.401 Billion

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Financial Snapshot

Revenue

$317.0M

TTM

Gross Margin

Net Earnings

$20.28M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$5.866B

Q3 2024

Total Liabilities

$4.980B

Q3 2024

Book Value

$885.8M

Q3 2024

Cash

$489.3M

Q3 2024

P/E

118.4

Nov 13, 2024 EST

Free Cash Flow

-$11.78M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$422.4M	$419.2M	$387.6M	$322.1M	$311.2M	$263.0M	$177.2M	$124.5M	$98.76M
YoY Change	0.76%	8.18%	20.32%	3.52%	18.32%	48.39%	42.36%	26.06%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$422.4M	$419.2M	$387.6M	$322.1M	$311.2M	$263.0M	$177.2M	$124.5M	$98.76M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$45.68M	$40.27M	$26.86M	$22.15M	$20.98M	$18.27M	$8.843M	$6.491M	$4.360M	$3.748M
YoY Change	13.45%	49.9%	21.26%	5.61%	14.81%	106.6%	36.23%	48.88%	16.33%
% of Gross Profit
Depreciation & Amortization	$13.80M	$13.30M	$12.04M	$10.72M	$8.135M	$5.720M	$4.001M	$2.817M	$2.143M	$1.946M	$786.0K	$568.0K
YoY Change	3.75%	10.51%	12.29%	31.78%	42.22%	42.96%	42.03%	31.45%	10.12%	147.58%	38.38%
% of Gross Profit
Operating Expenses	$45.68M	$40.27M	$26.86M	$22.15M	$20.98M	$18.27M	$8.843M	$6.491M	$4.360M	$3.748M
YoY Change	13.45%	49.9%	21.26%	5.61%	14.81%	106.6%	36.23%	48.88%	16.33%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	$54.34M	$18.75M	$18.43M	$37.39M	$55.25M	$35.93M	$21.54M	$12.13M	$8.109M	$6.770M
YoY Change	189.87%	1.75%	-50.72%	-32.33%	53.79%	66.79%	77.52%	49.64%	19.78%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$52.82M	$137.0M	$145.0M	$84.71M	$75.45M	$66.50M	$61.10M	$33.51M	$37.55M	$30.17M	$15.56M	$5.680M
YoY Change	-61.45%	-5.48%	71.12%	12.28%	13.45%	8.84%	82.33%	-10.77%	24.49%	93.88%	173.94%
Income Tax	$11.73M	$34.69M	$31.98M	$20.69M	$16.90M	$14.79M	$24.88M	$12.81M	$8.421M	$10.38M	$2.100M	-$5.400M
% Of Pretax Income	22.22%	25.32%	22.06%	24.42%	22.4%	22.24%	40.72%	38.23%	22.42%	34.4%	13.5%	-95.07%
Net Earnings	$37.88M	$99.11M	$113.0M	$64.02M	$58.54M	$51.71M	$36.22M	$20.70M	$29.13M	$17.73M	$12.56M	$10.08M
YoY Change	-61.78%	-12.28%	76.46%	9.36%	13.22%	42.76%	74.98%	-28.95%	64.32%	41.15%	24.59%
Net Earnings / Revenue	8.97%	23.64%	29.15%	19.88%	18.82%	19.66%	20.44%	16.63%	29.5%
Basic Earnings Per Share	$1.63	$4.06	$4.44	$2.56	$2.26	$2.06	$1.85	$1.11	$1.60	$1.55	$1.40	$2.24
Diluted Earnings Per Share	$1.61	$3.960M	$4.35	$2.53	$2.25	$2.03	$1.81	$1.10	$1.57	$1.52	$1.39	$2.24

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$113.5M	$103.3M	$138.6M	$121.5M	$117.7M	$83.40M	$62.90M	$45.50M	$22.20M	$21.90M	$23.30M	$3.000M
YoY Change	9.79%	-25.44%	14.07%	3.23%	41.13%	32.59%	38.24%	104.95%	1.37%	-6.01%	676.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$8.800M	$16.47M	$10.00M	$6.400M	$3.800M	$8.400M	$80.30M	$18.80M	$15.90M	$16.00M	$20.80M	$5.300M
YoY Change	-46.58%	64.73%	56.25%	68.42%	-54.76%	-89.54%	327.13%	18.24%	-0.63%	-23.08%	292.45%
Total Long-Term Assets
YoY Change
Total Assets	$5.347B	$5.334B	$5.956B	$5.936B	$5.060B	$4.560B	$3.499B	$2.641B	$1.691B	$1.448B	$1.288B	$301.5M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$32.31M	$34.04M	$35.80M	$19.10M	$21.00M
YoY Change	-5.07%	-4.93%	87.43%	-9.05%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$340.0K	$2.100M	$3.100M	$2.000M	$4.500M	$11.50M	$10.50M	$9.300M	$9.300M	$11.30M	$0.00
YoY Change	-100.0%	-83.81%	-32.26%	55.0%	-55.56%	-60.87%	9.52%	12.9%	0.0%	-17.7%
Long-Term Debt Due			$2.900M	$0.00	$0.00	$0.00
YoY Change
Total Short-Term Liabilities	$32.31M	$34.04M	$38.70M	$19.10M	$21.00M	$4.500M	$11.50M	$10.50M	$9.300M	$9.300M	$11.30M
YoY Change	-5.07%	-12.05%	102.62%	-9.05%	366.67%	-60.87%	9.52%	12.9%	0.0%	-17.7%
Long-Term Debt	$150.4M	$149.0M	$171.8M	$319.4M	$126.9M	$88.00M	$87.50M	$81.50M	$24.70M	$24.40M	$36.70M	$0.00
YoY Change	0.98%	-13.3%	-46.21%	151.69%	44.2%	0.57%	7.36%	229.96%	1.23%	-33.51%
Other Long-Term Liabilities	$100.0M	$94.18M	$58.10M	$45.70M	$53.80M	$50.30M	$22.00M	$14.00M	$10.30M	$8.500M	$13.70M	$1.800M
YoY Change	6.22%	62.1%	27.13%	-15.06%	6.96%	128.64%	57.14%	35.92%	21.18%	-37.96%	661.11%
Total Long-Term Liabilities	$250.5M	$243.1M	$229.9M	$365.1M	$180.7M	$138.3M	$109.5M	$95.50M	$35.00M	$32.90M	$50.40M	$1.800M
YoY Change	3.01%	5.76%	-37.03%	102.05%	30.66%	26.3%	14.66%	172.86%	6.38%	-34.72%	2700.0%
Total Liabilities	$4.483B	$4.445B	$5.097B	$5.209B	$4.424B	$3.923B	$3.107B	$2.352B	$1.423B	$1.210B	$1.155B	$245.0M
YoY Change	0.86%	-12.8%	-2.14%	17.75%	12.76%	26.26%	32.13%	65.23%	17.59%	4.83%	371.27%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	23.21M shares	24.39M shares	24.74M shares	24.39M shares	25.94M shares	24.79M shares	19.13M	17.86M	17.72M	10.94M	8.481M	4.503M
Diluted Shares Outstanding	23.56M shares	25.02M shares	25.25M shares	24.62M shares	26.06M shares	25.48M shares	20.00M	18.05M	18.52M	11.67M	8.630M	4.503M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.4014 Billion

About Triumph Financial Inc

Triumph Financial, Inc. is a holding company, which engages in offering traditional banking and financial solutions. The company is headquartered in Dallas, Texas and currently employs 1,518 full-time employees. The company went IPO on 2014-11-07. The firm's segments include Banking, Factoring and Payments. The Banking segment includes the operations of TBK Bank, which offers products and services that are focused on serving the local communities in which it operates and creating full banking relationships with both personal and commercial clients. TBK Bank operates retail branch networks in three geographic markets, including a mid-western division, a western division, and a mountain division. Its traditional banking offerings include a full suite of lending and deposit products and services. The Factoring segment includes the operations of Triumph Financial Services, which offers factoring services to its customers across a variety of industries with a focus on transportation factoring. The Payments segment includes the operations of TBK Bank's TriumphPay division, which is the payments network for presentment, audit, and payment of over-the-road trucking invoices.

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