Triumph Financial (TFIN) investor relations material

Executive summary

• Q3 2026 net income was $13.4M and diluted EPS was $0.52, versus $1.7M and $0.04 in Q3 2025; net income available to common stockholders was $12.6M.

• 9M 2026 net income was $31.2M and diluted EPS was $1.19, versus $6.1M and $0.16 in 9M 2025; prior-year results included USPS settlement benefits and other non-recurring items.

• Operating priorities include improving earnings performance and operating leverage, expanding factoring and payments, and scaling LoadPay through the freight downturn.

Financial highlights

• Q3 net interest income rose 17.4% YoY to $103.1M; noninterest income increased 5.1% to $22.5M and noninterest expense decreased 1.7% to $102.0M.

• 9M net interest income rose 10.4% YoY to $288.0M; noninterest income increased 9.7% to $63.7M while noninterest expense declined 0.9% to $301.9M.

• At Sept. 30, total assets were $7.68B, loans held for investment were $5.68B, deposits were $6.47B and stockholders’ equity was $978.6M.

• A $100 increase in average invoice price is estimated to add $12M in revenue and $8.5M in pre-tax income; funding costs absorb roughly one-quarter of incremental factoring revenue.

Outlook and guidance

• 2027 expense target is below $400M, requiring at least $20M of efficiencies; savings are expected sooner than the second half of 2027.

• A 10% transportation growth assumption informed an illustrative 2027 earnings framework, not a forecast; flat invoices and normal credit costs imply 1%–1.2% ROA.

• High-single-digit payments invoice volume growth is viewed as attainable; LoadPay accounts are expected to reach ~14,000 by year-end, with a similar pace into 2027.

• Balance-sheet strategy emphasizes shorter-duration and variable-rate loans and growth in noninterest- and low-interest-bearing transaction deposits; new asset-based lending originations ceased in Q4 2025, with portfolio wind-down scheduled during 2026.