Every material Form 8-K Triumph Bancorp filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Triumph Financial reported third-quarter net income to common stockholders of $0.9 million, or $0.04 per diluted share, after $4.4 million of non-core expenses largely tied to restructuring. Payments revenue grew 7.4% quarter over quarter and total transportation revenue rose 3.7%, but the company also authorized a $30 million share repurchase program that shareholders should weigh against the small quarterly profit.
Net income to common stockholders was $0.9 million, or $0.04 per diluted share, for the quarter ended September 30, 2025, including $4.4 million of non-core expenses.
Payments revenue grew 7.4% quarter over quarter, and total transportation revenue grew 3.7%, according to the letter.
Total expenses were reduced by about 5%, and the company expects the remaining savings to be in place by year-end.
The board authorized a share repurchase of up to $30 million of common stock on October 15, 2025, with the program lasting up to one year and able to be modified or discontinued.
Triumph Financial, Inc. said it will transfer the listing of its common stock and depositary shares from Nasdaq to the New York Stock Exchange, with NYSE trading expected to begin on or about August 19, 2025. The company will also dual list its common stock on NYSE Texas on or about August 20, 2025. The common stock ticker stays TFIN, but the preferred depositary shares will trade as TFIN PR instead of TFINP.
Nasdaq trading in the common stock and depositary shares is expected to end at the close on or about August 18, 2025.
NYSE trading is expected to begin at market open on or about August 19, 2025, and NYSE Texas trading on or about August 20, 2025.
The preferred depositary shares, each representing a 1/40th interest in a 7.125% Series C preferred stock, change ticker from TFINP to TFIN PR.
The company's CEO, Aaron Graft, said the company believes the NYSE's platform and resources will help unlock greater value for shareholders.
Melissa Forman-Barenblit, who ceased to be an executive officer of Triumph Financial effective March 19, 2025, signed a separation agreement with subsidiary TBK Bank on July 25, 2025. Her employment with the bank ends seven days after she signed, and TBK Bank will owe no further severance or benefits under her prior employment agreement. The filing discloses a personnel and compensation matter with no stated financial impact on the company.
Separation Agreement and Release dated July 25, 2025, between Melissa Forman-Barenblit and TBK Bank, SSB
Employment ends seven days after her execution of the agreement; no further severance or benefits owed under her July 1, 2022 employment agreement
Agreement includes a release of claims by Ms. Barenblit against TBK Bank and its affiliates
Filed as Exhibit 10.1; signed by Adam D. Nelson, Executive Vice President and General Counsel, on July 30, 2025
Triumph Financial reported second-quarter net income to common stockholders of $3.6 million, or $0.15 per diluted share, in a shareholder letter filed with the SEC. The letter says the result includes a net pre-tax gain of $12.4 million from settling long-running litigation with the USPS, partly offset by $7.1 million of other non-recurring items, and the CEO says core earnings remain below historical averages. Payments and Factoring revenue each grew about 13% from the prior quarter, but much of the reported profit comes from one-time items.
Net income to common stockholders was $3.6 million, or $0.15 per diluted share, for the quarter ended June 30, 2025.
The USPS settlement added a net pre-tax impact of $12.4 million; other non-recurring items reduced pre-tax income by $7.1 million, for a net pre-tax impact of $5.3 million.
Payments total revenue was $17.2 million, up 13.5% from the prior quarter; Factoring revenue grew 13.3% quarter over quarter.
Triumph closed its acquisition of Greenscreens, and LoadPay accounts totaled 2,729 as of July 14, 2025.
At its April 22, 2025 annual meeting, Triumph Financial shareholders approved the Fourth Amendment to the 2014 Omnibus Incentive Plan, which adds 750,000 shares for issuance and extends the plan's term. Shareholders also voted on directors, executive pay and the auditor, and the filing discloses that former executive Melissa Forman-Barenblit will remain on paid leave until her employment ends on August 31, 2025.
Plan amendment approved with 14,911,156 votes for and 4,860,491 against, adding 750,000 shares to the plan
Non-binding say-on-pay vote: 14,175,273 for, 5,598,431 against, 22,876 abstentions
Crowe LLP ratified as independent auditor with 20,654,302 votes for and 314,443 against
Forman-Barenblit, who ceased being an executive officer March 19, 2025, goes on paid leave until employment ends August 31, 2025
Triumph Financial reported a net loss to common stockholders of $(0.8) million, or $(0.03) per diluted share, for the quarter ended March 31, 2025, in a shareholder letter furnished with this 8-K. The company said non-core expenses of just under $3.0 million, partly offset by $0.8 million in non-core gains, reduced EPS by $0.07, and it attributed the results in part to investment in LoadPay and Factoring-as-a-Service, which it said carried little offsetting revenue.
Net loss to common stockholders of $(0.8) million, or $(0.03) per diluted share, for the quarter ended March 31, 2025
Non-core expenses of just under $3.0 million and $0.8 million in non-core gains; these items reduced EPS by $0.07
Network invoice volume rose 26.8% quarter over quarter, to 719,531 invoices
Factoring segment operating income was $6.9 million, $2.1 million lower than the prior quarter
Triumph Financial, Inc. announced a series of management changes tied to the continued evolution of its business segments and product lines, including promoting Todd Ritterbusch to head both its Banking and Payments segments. The filing names new leaders for its factoring segment and LoadPay product line and says Melissa Forman-Barenblit stopped serving as president of TriumphPay, so shareholders are seeing a reorganization of segment leadership rather than a change in reported financial results.
Todd Ritterbusch, president of TBK Bank, SSB, is promoted to head of the Banking and Payments segments.
Kim Fisk is named president of factoring, succeeding Tim Valdez, who will become chairman of the factoring segment.
David Vielehr is named president of LoadPay, the digital banking platform for the trucking industry.
Melissa Forman-Barenblit ceased to serve as president of the TriumphPay product line effective March 19, 2025.
Triumph Financial reported fourth-quarter 2024 net income to common stockholders of $3.0 million, or $0.13 per diluted share, down from $4.5 million in the third quarter and $8.8 million a year earlier. Management said Q1 2025 earnings may decline from current levels as it invests in new products before expected revenue begins in the second half of the year, which means lower near-term earnings for shareholders.
Q4 2024 net income to common stockholders was $3.0 million, or $0.13 per diluted share, versus $4.5 million, or $0.19, in Q3 2024 and $8.8 million, or $0.37, in Q4 2023.
Full-year 2024 net income to common stockholders was $12.9 million, or $0.54 per diluted share.
Management expects full-quarter expenses of about $99 million in Q1 2025 and said Q1 earnings may decline from current levels.
The company completed its acquisition of Isometric Technologies (ISO) in Q4 2024 and created a new Intelligence segment.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Triumph Bancorp filing is on SEC EDGAR ↗. 8-K briefs of other companies →