Triumph Financial, Inc. income statement
In fiscal 2025, Triumph Financial, Inc. reported revenue of $439m, up 5.6% on the year before and net income of $25.4m, or $0.93 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26 | 52 | 105 | 124 | 133 | 196 | 250 | 287 | 345 | 424 | 485 | 418 | 416 | 439 | 472 |
| Interest expense | 4 | 4 | 7 | 8 | 12 | 22 | 36 | 55 | 37 | 18 | 19 | 54 | — | — | — |
| Net interest income | 23 | 39 | 80 | 91 | 112 | 156 | 227 | 256 | 285 | 369 | 400 | 368 | 350 | 351 | 378 |
| Non-interest income | 3 | 13 | 25 | 33 | 21 | 41 | 23 | 32 | 60 | 55 | 84 | 50 | 65 | 88 | 94 |
| Non-interest expense | 18 | 33 | 69 | 82 | 93 | 124 | 167 | 204 | 222 | 288 | 341 | 353 | 377 | 403 | 400 |
| Provision for credit losses | 2 | 3 | 6 | 5 | 7 | 12 | 16 | 8 | 38 | −9 | 7 | 12 | 19 | 3 | 6 |
| Income before tax | 6 | 16 | 30 | 38 | 34 | 61 | 67 | 75 | 85 | 145 | 137 | 53 | 20 | 33 | 66 |
| Income tax | −5 | 2 | 10 | 8 | 13 | 25 | 15 | 17 | 21 | 32 | 35 | 12 | 4 | 8 | 16 |
| Net income | 10 | 13 | 18 | 29 | 21 | 36 | 52 | 59 | 64 | 113 | 102 | 41 | 16 | 25 | 50 |
| Diluted EPS | $1.12 | $1.39 | $1.52 | $1.57 | $1.10 | $1.81 | $2.03 | $2.25 | $2.53 | $4.35 | $3.96 | $1.61 | $0.54 | $0.93 | $2.08 |
| Diluted shares (average) | 9m | 9m | 12m | 19m | 18m | 20m | 25m | 26m | 25m | 25m | 25m | 24m | 24m | 24m | 24m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 104 | 102 | 108 | 109 | 120 | 106 | 120 | 126 |
| Net interest income | 88 | 84 | 89 | 88 | 90 | 86 | 99 | 103 |
| Non-interest income | 16 | 17 | 19 | 21 | 30 | 20 | 21 | 23 |
| Non-interest expense | 93 | 100 | 101 | 104 | 98 | 98 | 102 | 102 |
| Provision for credit losses | 4 | 1 | −1 | 4 | −2 | −1 | 3 | 5 |
| Income before tax | 6 | 0 | 8 | 1 | 24 | 8 | 16 | 18 |
| Income tax | 2 | 0 | 4 | −0 | 5 | 2 | 5 | 5 |
| Net income | 4 | 0 | 4 | 2 | 19 | 6 | 11 | 13 |
| Diluted EPS | $0.12 | −$0.03 | $0.15 | $0.04 | $0.77 | $0.23 | $0.44 | $0.52 |
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