{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-012928","form_type":"8-K","ticker":"TFIN","cik":"0001539638","company_name":"Triumph Financial, Inc.","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.326762+00:00","generated_at":"2026-06-16T16:13:08.398998+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Triumph Financial Q1 net income $10.2M ($0.43 EPS); factoring revenue down on freight recession","bullets":["Net income to common stockholders $10.2M ($0.43 diluted EPS), down from $23.5M ($0.93) in Q1 2022.","Factoring purchased volume fell 27.6% YoY to $2.93B; average invoice size dropped 20.4% to $1,911.","TriumphPay payment volume $5.03B (-9.8% QoQ); network transaction volume up 1.5% despite market headwinds.","Added $500M FHLB advances in March for liquidity; total available liquidity over $1.5B.","Past-due factoring receivables improved $32M QoQ; enterprise past-due ratio fell to 1.67% from 2.53%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-012928","json":"https://secwatch.observer/filing/0001628280-23-012928.json","markdown":"https://secwatch.observer/filing/0001628280-23-012928.md","text":"https://secwatch.observer/filing/0001628280-23-012928.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1539638/000162828023012928/0001628280-23-012928-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1539638/000162828023012928/tfin-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T16:13:08.398998+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":[{"claim_id":"f0c63f55af2b4ba07f8492d23d086c90b82dfe1e","claim":"Triumph Financial, Inc. reported the quarter ended March 31, 2023 results: net income $10.2 million, EPS $0.43 per diluted share.","evidence_excerpt":"For the first quarter, we earned net income to common stockholders of $10.2 million, or $0.43 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1539638/000162828023012928/0001628280-23-012928-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$10.2 million"},{"label":"EPS","value":"$0.43 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}