Triumph Financial (TFIN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Triumph Financial

NYSE•Financial Services•Banks - Regional

$63.66-1.04(-0.02%)Pre-market

Market Cap

$1.50B

P/E

38.9x

P/S

2.8x

P/B

1.6x

Triumph Financial, Inc., a financial holding company, provides banking, factoring, payments, and intelligence services in the United States. It offers deposit products, including checking, savings, money market, and certificates of deposit; and loan products, such as commercial real estate, commercial construction, land, and land development, residential real estate, agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans. The company also provides electronic banking services, debit cards, insurance brokerage services, mortgage warehouse facilities, and transportation factoring services; payment, audit, and other banking services for the over the road trucking industry; and LoadPay product, a digital bank account developed for Carriers, as well as provides service and performance scoring and benchmarking to the over-the-road trucking industry. The company was formerly known as Triumph Bancorp, Inc. and changed its name to Triumph Financial, Inc. in December 2022. Triumph Financial, Inc. was incorporated in 2003 and is headquartered in Dallas, Texas.

How this company scores

WeakMetricSide Score: 66/100

Grade capped at D — Interest coverage below 1× (0.6x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability15/25

Growth19/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowRising earningsCash-backed earningsProfit converts from growth

Grade capped at D

Interest coverage below 1× (0.6x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 38.9x5y range 11.5x – 132.2x

Currently near its 20-quarter median.

P/S · 2.8x5y range 2.3x – 6.7x

Currently near its 20-quarter median.

P/B · 1.6x5y range 1.3x – 3.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Share Dilution

Watch

Shares outstanding rose 2.3% — mild dilution. Compare to earnings growth to assess the net per-share impact.

Price & Volume

Market Cap $1.50B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $539.25M
Q. Revenue: $145.95M
TTM EBITDA: $85.72M
TTM Op. Income: $49.02M
Q. Op. Income: $15.87M
TTM Net Income: $38.65M
Q. Net Income: $11.37M
EPS: $0.44
Shares Out.: $23.87M

$539.25M in TTM revenue grew 9.0% YoY, reaching $145.95M last quarter. TTM EBITDA of $85.72M and TTM operating income of $49.02M show growth is flowing through to the bottom line. TTM net income of $38.65M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 82.4%
EBITDA Margin: 17.1%
Op. Margin: 10.9%
Net Margin: 7.8%

Op. margin of 10.9% is up 4.7% YoY — cost efficiency is improving. Net margin at 7.8% and gross margin of 82.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 76% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 38.9x
P/S Ratio: 2.8x
P/B Ratio: 1.6x

At 38.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 2.8x and P/B of 1.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $7.40B
Cash: $896.81M
Long-Term Debt: $1.72B
Book Value: $963.26M
D/E Ratio: 1.8
Debt/EBITDA: 69.2

With $7.40B in assets and $1.72B in long-term debt, D/E is 1.8and book value is $963.26M — moderate leverage. Over the past year, debt/equity is down 10% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $46.16M
TTM Free Cash Flow: $104.89M
FCF Margin: 19.5%
FCF / Net Income: 2.7

TTM FCF of $104.89M on $46.16M in operating cash flow. The FCF / Net Income ratio of 2.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.