{"schema_version":"secwatch.filing_event.v1","accession":"0001539638-26-000036","form_type":"8-K","ticker":"TFIN","cik":"0001539638","company_name":"Triumph Financial, Inc.","filed_at":"2026-10-21T20:12:54+00:00","discovered_at":"2026-10-21T20:16:03.043935+00:00","generated_at":"2026-10-21T20:16:15.080657+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Triumph Financial Q3 EPS $0.52; transportation revenue +37.8% YoY, 2027 EPS math ~$3.50","bullets":["Net income to common $12.6M, or $0.52 diluted EPS; non-recurring items reduced EPS by $0.02; credit expense rose on CRE exposures.","Transportation revenue +37.8% YoY, about a third organic; factoring operating margin 43.0%; Payments EBITDA margin ex-LoadPay 39.0%.","Payments revenue $23.5M (+5.6% QoQ, +27.2% YoY); operating income $4.2M (+46.4% QoQ); LoadPay accounts 12,217 (+19.7% QoQ).","2027 North Star adds non-interest expense <$400M, requiring ~$20M efficiencies; management cites 2027 EPS math of ~$3.50.","Added 706 net new factoring customers YTD; average invoice $2,210 in Q3 vs $2,288 first 16 days of Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001539638-26-000036","json":"https://secwatch.observer/filing/0001539638-26-000036.json","markdown":"https://secwatch.observer/filing/0001539638-26-000036.md","text":"https://secwatch.observer/filing/0001539638-26-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1539638/000153963826000036/0001539638-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1539638/000153963826000036/tfin-20261021.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-21T20:16:15.080657+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}