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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	213.79	213.83	228.43	181.19	183.56	198.21
Interest Income on Investments	211.23	208.68	193.99	238.05	204	123.9
Total Interest Income	425.02	422.52	422.42	419.24	387.56	322.12
Interest Paid on Deposits	58.47	56.24	34.32	10.04	9.7	27.4
Interest Paid on Borrowings	16.99	15.82	20.02	8.71	8.73	9.98
Total Interest Expense	75.46	72.06	54.34	18.75	18.43	37.39
Net Interest Income	349.57	350.46	368.08	400.49	369.13	284.73
Net Interest Income Growth (YoY)	-2.14%	-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	61.02	56.8	42.12	45.43	44.01	39.93
Total Non-Interest Income	69	64.6	49.44	83.18	54.5	60.39
Non-Interest Income Growth (YoY)	16.81%	30.66%	-40.56%	52.62%	-9.74%	91.28%
Revenues Before Loan Losses	418.57	415.05	417.52	483.67	423.63	345.11
Provision for Loan Losses	9.34	18.77	12.2	6.93	-8.83	38.33
Revenue	409.23	396.29	405.32	476.75	432.46	306.78
Revenue Growth (YoY)	2.49%	-2.23%	-14.98%	10.24%	40.97%	9.75%
Salaries and Employee Benefits	214.28	205.06	197.38	180.31	153.64	122.36
Occupancy Expenses	27.33	26.95	22.99	21.65	19.49	17.05
Federal Deposit Insurance	3.04	2.72	2.62	1.82	2.25	1.52
Amortization of Goodwill & Intangibles	20.37	17.84	15.91	15.99	10.88	8.33
Selling, General & Administrative	96	100.64	90.83	97.54	71.68	46.55
Other Non-Interest Expense	28.59	23.11	23.51	23.33	29.57	26.26
Total Non-Interest Expense	389.61	376.31	353.23	340.63	287.51	222.07
EBT Excluding Unusual Items	19.62	19.97	52.08	136.11	144.95	84.71
Other Unusual Items	0.82	0.82	0.73	0.89	-	-
Pretax Income	20.11	20.47	52.82	137	144.95	84.71
Income Tax Expense	6.49	4.38	11.73	34.69	31.98	20.69
Earnings From Continuing Operations	13.62	16.09	41.08	102.31	112.97	64.02
Net Income	13.62	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	10.42	12.88	37.88	99.11	109.77	62.32
Net Income Growth	-53.55%	-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)	1.02%	0.92%	-5.84%	-0.91%	2.58%	-5.54%
EPS (Basic)	0.45	0.55	1.63	4.06	4.44	2.56
EPS (Diluted)	0.44	0.54	1.61	3.96	4.35	2.53
EPS Growth	-60.27%	-66.46%	-59.34%	-8.97%	71.94%	12.44%
Effective Tax Rate	32.27%	21.39%	22.22%	25.32%	22.06%	24.42%

Updated Jul 16, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q