{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-025233","form_type":"8-K","ticker":"TFIN","cik":"0001539638","company_name":"Triumph Financial, Inc.","filed_at":"2023-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.250545+00:00","generated_at":"2026-06-13T05:35:25.172234+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Triumph Financial Q2 net income $6.8M ($0.29/sh), down from $1.74 YoY; freight recession impacts","bullets":["Net income to common stockholders $6.8M, diluted EPS $0.29 vs $43.4M, $1.74 in Q2 2022.","Factoring purchased volume $2.73B (-6.6% Q/Q, -32.1% YoY); active client count down 21.3% YoY.","Payments revenue grew 17.6% Q/Q; EBITDA margin improved to -55%, ahead of year-end target of -40% to -60%.","Banking segment income up 3% Q/Q; core deposits down ~$100M; total deposits up $254M driven by brokered CDs.","TriumphPay expects EBITDA breakeven by end of 2024; company sticks to plan amid freight recession."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-025233","json":"https://secwatch.observer/filing/0001628280-23-025233.json","markdown":"https://secwatch.observer/filing/0001628280-23-025233.md","text":"https://secwatch.observer/filing/0001628280-23-025233.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1539638/000162828023025233/0001628280-23-025233-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1539638/000162828023025233/tfin-20230720.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:35:25.172234+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":"84288fe5bcc2f1bc5c06d52f39ca573476e9ec02","claim":"Triumph Financial, Inc. reported the quarter ended June 30, 2023 results: net income $6.8 million, EPS $0.29 per diluted share.","evidence_excerpt":"For the second quarter, we earned net income to common stockholders of $6.8 million, or $0.29 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1539638/000162828023025233/0001628280-23-025233-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"$6.8 million"},{"label":"EPS","value":"$0.29 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"}