Triumph Financial (TFIN) investor relations material

Executive summary

• Achieved a strong second quarter with net income available to common stockholders for Q2 2026 at $10.6M ($0.44/diluted share), up from $3.6M ($0.15/diluted share) in Q2 2025, and six-month net income at $16.1M ($0.67/diluted share), up from $2.8M ($0.12/diluted share) year-over-year.

• Total assets grew to $7.404B, loans held for investment to $5.477B, and deposits to $6.217B as of June 30, 2026.

• Factoring and Payments segments saw significant growth in invoice volume and payment processing, reflecting improved freight market conditions and normalization.

• Business model is performing ahead of recent history, with validation of the value chain and continued operational discipline.

Financial highlights

• Invoice prices increased to $2,201, up from the previously assumed $1,800, driving incremental pre-tax income and EPS guidance for Q4 2026.

• Organic transportation revenue growth in the mid-teens, with total growth reaching 30% due to market forces and supply constraints.

• Factoring segment operating margin reached 40%, with ambitions to exceed and sustain this level; operating income increased 5.7% to $20.9M.

• Payments segment, including LoadPay, achieved 49% quarter-over-quarter revenue growth and swung to $2.8M operating income from a $0.7M loss.

• Q2 2026 net interest income rose 11.4% year-over-year to $98.8M; noninterest income increased 10.5% to $21.4M.

Outlook and guidance

• Expecting to exceed transportation revenue growth targets for the year, driven by both organic growth and favorable market dynamics.

• LoadPay expected to reach EBITDA breakeven by the end of 2027, with updated North Star metrics anticipated.

• Management expects continued growth in transportation-related revenues as freight market conditions improve, with ongoing investments in technology and efficiency initiatives.

• Expenses projected to trend modestly higher in 2027, with continued focus on operational leverage and margin expansion.

• The company remains focused on expanding its Payments and Intelligence segments and deepening relationships in the trucking ecosystem.