{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-016580","form_type":"8-K","ticker":"TFIN","cik":"0001539638","company_name":"Triumph Financial, Inc.","filed_at":"2024-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.899703+00:00","generated_at":"2026-06-03T21:39:36.871663+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":"Q1 net income $3.4M, EPS $0.14; credit costs $6M; TriumphPay EBITDA margin -13%","bullets":["Net income to common $3.4M, diluted EPS $0.14 vs $0.43 a year ago; net interest income down $5.9M.","Total credit expense ~$6M, including $2.6M equipment finance bankruptcy and $1.7M reserve for construction loan growth.","TriumphPay EBITDA margin -13% due to Q1 seasonality and LoadPay investments; revenue up 1.7% QoQ, fee income up 46% YoY.","Payments network transaction volume up 40.4% QoQ; now touching ~44% of brokered freight, target 50% by end 2024.","Noninterest expense grew $3M QoQ; Q2 guidance $92-94M. Seasonally weak Q1 factoring volumes down 6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-016580","json":"https://secwatch.observer/filing/0001628280-24-016580.json","markdown":"https://secwatch.observer/filing/0001628280-24-016580.md","text":"https://secwatch.observer/filing/0001628280-24-016580.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1539638/000162828024016580/0001628280-24-016580-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1539638/000162828024016580/tfin-20240417.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T21:39:36.871663+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":"351180f3f5c01abf0e6c18e46a42d5ad28df0059","claim":"Triumph Financial, Inc. reported financial results for the quarter ended March 31, 2024.","evidence_excerpt":"On April 17, 2024, Triumph Financial, Inc. (the “Company”) announced its financial results for the quarter ended March 31, 2024 in its letter to shareholders attached hereto as Exhibit 99.1.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1539638/000162828024016580/0001628280-24-016580-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"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"}