secwatch.observer — SEC 8-K summary
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Issuer:     Triumph Financial, Inc. (TFIN)
CIK:        0001539638
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001628280-23-001540
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Triumph Financial Q4 2022 EPS $0.67; factoring volume down 18.7% YoY; TriumphPay self-funding
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- 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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539638/000162828023001540/0001628280-23-001540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539638/000162828023001540/tfin-20230125.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-001540

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