Triumph Financial, Inc. (TFIN) FY2025 10-K Annual Report
Triumph Financial, Inc. (TFIN) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 11, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.
Triumph Financial, Inc. FY2025 10-K Analysis
Business Overview
- • Core business: Commercial banking focusing on loans including commercial real estate, equipment, and factored receivables
- • Increased focus on credit quality with nonperforming loans ratio dropping to 1.15% from 2.49% and nonperforming assets to 1.10% from 2.02%
- • Subordinated Notes redeemed $39.5M in 2024; $70M new subordinated notes issued in 2021 with floating rates, supporting capital structure
- • Total deposits up 2.7% to $4.95B driven by 41.7% rise in brokered time deposits and 21.1% rise in interest bearing demand deposits
- • Allowance for credit losses on loans decreased 10.3% to $36.5M amid $18.2M net charge-offs including $10.8M acquired PCD loan charge-off with no earnings impact
Management Discussion & Analysis
- • Revenue mix 2025: Banking 57%, Factoring 31%, Payments 11%, Intelligence 1% of total segment revenue
- • Loans grew $444.3M YoY to $4.991B: Banking loans +5.5% to $3.525B, Factoring +18.2% to $1.221B, Payments +41.0% to $242.1M
- • Net income $22.2M in 2025 vs $12.9M in 2024; ROAE 2.54%, ROAA 0.40%
- • Payments segment processed $40.517B invoices (33.6M invoices) in 2025 vs $27.784B (24.8M) in 2024
- • Capital allocation included raising stockholders’ equity by $50.9M; $64M building sale gain $8.7M; acquired Greenscreens AI at $151.7M total purchase price
- • Management notes risks including economic conditions, interest rate risk, credit risk, and ongoing inflation impact on loan repayment and deposit stability
Risk Factors
- • Cybersecurity risk management overseen by CISO with 25+ years experience, reporting quarterly to the Board and Risk and Compliance Committee
- • Risk and Compliance Committee regularly reviews cybersecurity measures annually, escalating incidents timely per protocol
- • Enterprise Risk Management framework integrates cybersecurity risk, monitored by senior leaders and escalated to Board levels
Triumph Financial, Inc. FY2025 Key Financial MetricsXBRL
Revenue
$430M
▲ +1.9% YoY
Net Income
$25M
▲ +57.6% YoY
Net Margin
5.9%
▲ +208bp YoY
ROE
2.7%
▲ +89bp YoY
Total Assets
$6.4B
▲ +7.3% YoY
EPS (Diluted)
$0.93
▲ +72.2% YoY
Operating Cash Flow
$67M
▲ +14.5% YoY
Source: XBRL data from Triumph Financial, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Triumph Financial, Inc.
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.