Earnings ·
Triumph Financial reports Q3 EPS of $0.52 as transportation revenue surges 37.8%
TFINTriumph Financial, Inc.
Triumph Financial reported net income to common stockholders of $12.6 million, or $0.52 per diluted share, for the quarter ended September 30, 2026. Earnings were reduced by $0.02 due to non-recurring items totaling $1.5 million, primarily technology and occupancy expenses. Transportation revenue grew 37.8% year-over-year, driven by a 9.4% increase in factoring purchased volume to $4.5 billion and an average invoice size of $2,210. Factoring operating margin expanded to 43.0%, while Payments EBITDA margin (excluding LoadPay) reached 39.0%. The company added 706 net new factoring clients year-to-date. Credit expense increased by $5.2 million due to specific commercial real estate exposures, raising non-performing loans to total loans to 2.64%. Triumph Financial operates as a transportation-focused financial and technology company providing payments, factoring, banking, and intelligence solutions for the freight industry.