Triumph Financial, Inc. (TFIN)

Triumph Financial Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	227.08	228.43	181.19	183.56	198.21	195.65
Interest Income on Investments	198.14	193.99	238.05	204	123.9	115.51
Total Interest Income	425.22	422.42	419.24	387.56	322.12	311.15
Interest Paid on Deposits	51.91	34.32	10.04	9.7	27.4	40.23
Interest Paid on Borrowings	16.12	20.02	8.71	8.73	9.98	15.03
Total Interest Expense	68.03	54.34	18.75	18.43	37.39	55.25
Net Interest Income	357.2	368.08	400.49	369.13	284.73	255.9
Net Interest Income Growth (YoY)	-6.94%	-8.09%	8.50%	29.64%	11.26%	12.71%
Gain (Loss) on Sale of Assets	-	-	-	-	9.76	-
Gain (Loss) on Sale of Investments	0.1	0.1	12.68	0.01	3.23	0.06
Other Non-Interest Income	52.6	42.95	46.45	44.01	39.93	24.03
Total Non-Interest Income	59.81	50.17	84.07	54.5	60.39	31.57
Non-Interest Income Growth (YoY)	26.39%	-40.32%	54.25%	-9.74%	91.28%	37.44%
Revenues Before Loan Losses	417	418.25	484.56	423.63	345.11	287.47
Provision for Loan Losses	17	12.2	6.93	-8.83	38.33	7.94
Revenue	400	406.05	477.64	432.46	306.78	279.53
Revenue Growth (YoY)	-5.29%	-14.99%	10.45%	40.97%	9.75%	19.53%
Salaries and Employee Benefits	197.8	197.38	180.31	153.64	122.36	109.21
Federal Deposit Insurance	2.63	2.62	1.82	2.25	1.52	0.3
Amortization of Goodwill & Intangibles	11.7	11.45	11.92	10.88	8.33	9.13
Selling, General & Administrative	90.74	84.72	91.79	71.68	46.55	42.75
Other Non-Interest Expense	33.21	34.07	33.15	29.57	26.26	29.21
Total Non-Interest Expense	361.27	353.23	340.63	287.51	222.07	204.08
EBT Excluding Unusual Items	38.73	52.82	137	144.95	84.71	75.45
Pretax Income	38.73	52.82	137	144.95	84.71	75.45
Income Tax Expense	9.41	11.73	34.69	31.98	20.69	16.9
Earnings From Continuing Operations	29.33	41.08	102.31	112.97	64.02	58.54
Net Income to Common	26.12	37.88	99.11	109.77	62.32	58.54
Basic Shares Outstanding	23	23	24	25	24	26
Diluted Shares Outstanding	24	24	25	25	25	26
Shares Change (YoY)	-2.91%	-5.84%	-0.90%	2.58%	-5.54%	2.27%
EPS (Basic)	1.13	1.63	4.06	4.44	2.56	2.26
EPS (Diluted)	1.11	1.61	3.96	4.35	2.53	2.25
EPS Growth	-45.41%	-59.34%	-8.97%	71.94%	12.44%	10.87%
Effective Tax Rate	24.29%	22.22%	25.32%	22.06%	24.42%	22.40%

Source: S&P Capital IQ. Banks template.