Triumph Financial, Inc. (TFIN)

Triumph Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	213.86	213.83	228.43	181.19	183.56	198.21
Interest Income on Investments	208.98	208.68	193.99	238.05	204	123.9
Total Interest Income	422.84	422.52	422.42	419.24	387.56	322.12
Interest Paid on Deposits	58.48	56.24	34.32	10.04	9.7	27.4
Interest Paid on Borrowings	15.55	15.82	20.02	8.71	8.73	9.98
Total Interest Expense	74.03	72.06	54.34	18.75	18.43	37.39
Net Interest Income	348.8	350.46	368.08	400.49	369.13	284.73
Net Interest Income Growth (YoY)	-3.31%	-4.79%	-8.09%	8.50%	29.64%	11.26%
Gain (Loss) on Sale of Assets	-	-	-	-	-	9.76
Gain (Loss) on Sale of Investments	0.53	0.53	0.2	12.68	0.01	3.23
Other Non-Interest Income	58.8	56.8	42.12	45.43	44.01	39.93
Total Non-Interest Income	66.79	64.6	49.44	83.18	54.5	60.39
Non-Interest Income Growth (YoY)	25.03%	30.66%	-40.56%	52.62%	-9.74%	91.28%
Revenues Before Loan Losses	415.59	415.05	417.52	483.67	423.63	345.11
Provision for Loan Losses	14.2	18.77	12.2	6.93	-8.83	38.33
Revenue	401.39	396.29	405.32	476.75	432.46	306.78
Revenue Growth (YoY)	0.68%	-2.23%	-14.98%	10.24%	40.97%	9.75%
Salaries and Employee Benefits	210.39	205.06	197.38	180.31	153.64	122.36
Occupancy Expenses	27.75	26.95	22.99	21.65	19.49	17.05
Federal Deposit Insurance	2.79	2.72	2.62	1.82	2.25	1.52
Amortization of Goodwill & Intangibles	18.33	17.84	15.91	15.99	10.88	8.33
Selling, General & Administrative	102.95	100.64	90.83	97.54	71.68	46.55
Other Non-Interest Expense	23.9	23.11	23.51	23.33	29.57	26.26
Total Non-Interest Expense	386.11	376.31	353.23	340.63	287.51	222.07
EBT Excluding Unusual Items	15.28	19.97	52.08	136.11	144.95	84.71
Other Unusual Items	0.82	0.82	0.73	0.89	-	-
Pretax Income	15.77	20.47	52.82	137	144.95	84.71
Income Tax Expense	3.82	4.38	11.73	34.69	31.98	20.69
Earnings From Continuing Operations	11.95	16.09	41.08	102.31	112.97	64.02
Net Income	11.95	16.09	41.08	102.31	112.97	64.02
Preferred Dividends & Other Adjustments	3.21	3.21	3.21	3.21	3.21	1.7
Net Income to Common	8.74	12.88	37.88	99.11	109.77	62.32
Net Income Growth	-65.09%	-60.83%	-59.85%	-9.44%	76.46%	9.36%
Basic Shares Outstanding	23	23	23	24	25	24
Diluted Shares Outstanding	24	24	24	25	25	25
Shares Change (YoY)	0.79%	0.92%	-5.84%	-0.91%	2.58%	-5.54%
EPS (Basic)	0.37	0.55	1.63	4.06	4.44	2.56
EPS (Diluted)	0.37	0.54	1.61	3.96	4.35	2.53
EPS Growth	-71.75%	-66.46%	-59.34%	-8.97%	71.94%	12.44%
Effective Tax Rate	24.23%	21.39%	22.22%	25.32%	22.06%	24.42%

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q