Triumph Financial, Inc. (TFIN) Stock

Triumph Financial, Inc. (TFIN) is a Financials stock trading at $73.91 (as of 2026-08-20), with a market capitalization of $1.76B and a trailing P/E of 68.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Triumph Financial Inc., a financial and technology company, focuses on payments, factoring, and banking. It operates through a portfolio of brands, including TriumphPay, Triumph, and TBK Bank. The company offers cash flow management services for the trucking industry comprising invoice factoring, fuel discount programs, truck and cargo insurance, and equipment finance, banking, and treasury services. It also provides factoring products and services; insurance products and services; and equipment finance and asset based lending products and services. The company was formerly known as Triumph Bancorp, Inc. and changed its name to Triumph Financial Inc. in December 2022. Triumph Financial Inc. was founded in 1981 and is headquartered in Dallas, Texas.

Understand Triumph Financial, Inc.: how it makes money

Triumph Financial provides trucking-focused cash flow management, including invoice factoring, payments, fuel discount programs, insurance, and equipment finance, and it also earns banking and treasury-related income including returns tied to net float from payments.

Triumph’s profit model combines yield from trucking cash flow services and payments-related net float, while credit losses on receivables (tracked by net charge-offs) can directly reduce results.

Revenue by segment (latest quarter)
Banking$0.0B
Factoring$0.0B
Payments Float$0.0B

Business quality (Weak): The business has identifiable operating drivers (credit losses for factoring and adoption/growth metrics for the trucking platform), but outcomes can be sensitive to charge-offs and to interest-rate conditions that influence returns on net float from payments.

Valuation: At 65× earnings, TFIN trades 411% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Trucking cash flow platform breadth: The company offers invoice factoring, fuel discount programs, truck and cargo insurance, equipment finance, and payments and treasury services, giving it multiple revenue streams tied to the same customer workflow.
  • Platform growth signals in trucking network metrics: Provided operating metrics show progress such as LoadPay accounts linked percentage at 70.0% and LoadPay accounts surpassing 6000, plus freight under management of 35.0 USD_B.

Bear case

  • Credit loss risk is a direct profit headwind: Charge-offs are reported at 0.26% and Net Charge-Offs to Average Receivables Balances are reported at 0.34%, which can pressure factoring and related banking economics.
  • Net float returns depend on prevailing rate conditions: The profit contribution from payments is described as float contribution at the Federal Funds Rate, meaning results can be sensitive to changes in interest rate conditions.
Valuation — source: SEC EDGAR (first-party)
Price$73.91
Market Cap$1.76B
P/E Ratio68.2
EV / EBITDA18.9
Price / Book1.83
Price / Sales4.01
FCF Yield4.2%
DCF Value (model)$7.50
DCF Upside vs Price-89.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$430.47M
Net Margin5.9%
Revenue Growth (YoY)16.0%
EPS Growth (YoY)492.3%
FCF Growth (YoY)-396.0%
Valuation vs Sector & Industry
Stock P/E68.2
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector350.7%
vs Industry428.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($197.35M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOAaron Graft
Employees1,547
CountryUS
IPO Date2014-11-07

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.