earnings
confidence high
sentiment neutral
materiality 0.70
Triumph Financial Q4 2022 EPS $0.67; factoring volume down 18.7% YoY; TriumphPay self-funding
Triumph Financial, Inc.
2022-FY EPS reported
$3.96
- Net income to common stockholders $16.8M ($0.67 diluted EPS) vs $15.4M ($0.62) in Q3 2022 and $25.8M ($1.02) in Q4 2021.
- Factoring purchased volume $3.28B, down 8.9% Q/Q and 18.7% YoY; average invoice size $2,002, down 12.6% YoY.
- TriumphPay payment volume $5.58B; network transaction volume $301M, up 8.8% Q/Q; network surpassed $1B since launch.
- TriumphPay achieved self-funding during Q4, contributing excess non-interest bearing deposits back to enterprise.
- Loans held for investment $4.12B, down from $4.87B a year ago; capital ratios improved (CET1 12.74%, total capital 17.68%).