NASDAQ$TFIN

Triumph Financial Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported first quarter net income to common stockholders.

Triumph Bancorp reported a net income to common shareholders of $33.1 million, with diluted earnings per share of $1.32 for the first quarter of 2021. The company's net interest income was $83.0 million, and non-interest income was $14.3 million, including a $4.7 million gain on indemnification asset related to the Transport Financial Solutions acquisition.

  • Net income to common shareholders was $33.1 million, and diluted earnings per share were $1.32.
  • Net interest income was $83.0 million.
  • Non-interest income was $14.3 million, including a $4.7 million gain on indemnification asset related to the Transport Financial Solutions acquisition.
  • Credit loss expense for the quarter ended March 31, 2021 was a benefit of $7.8 million.

Headline financials

Total Revenue

$97.3M

Previous: $70M+39.1%
EPS (adj)

$1.32

Previous: -$0.18+833.3%
Net Interest Margin

6.1%

Previous: 5.6%+7.6%
Past Due Loans Ratio

2.0%

Previous: 2.0%-1.5%
Non-Performing Assets Ratio

1.1%

No prior period
Net Charge-offs to Loans

0.8%

No prior period
Free Cash Flow

$33.9M

Previous: -$4.45M+862.3%
Net Income

$33.9M

Previous: -$4.45M+862.3%
Operating Income

$73.9M

Previous: $25.1M+194.4%
Gross Profit

$89.5M

Previous: $52.6M+70.0%
Cash & Equivalents

$381M

Previous: $208M+82.7%
Total Assets

$6.1B

Previous: $5.35B+13.9%
Stock-Based Comp

$1.35M

Previous: $1.17M+15.6%

Revenue & EPS history

Triumph Financial · Revenue · Quarterly

$97.3M

Q1 2021+39.1%vs Q1 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Triumph Financial · $37.6M total across 1 segment · Q1 2021

  • Factoring
    $37.6M

Forward guidance

The acquisition of HubTran, Inc. is expected to close in the second quarter of 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.5%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+3.7%

Avg return

30 days after

48%

26 / 54 earnings

Positive

+12.5%

Q2 2020

Best reaction

-13.9%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.9%+1.9%-0.6%
Q4 2025-7.2%-10.6%-16.3%
Q3 2025+7.3%+25.4%+9.4%
Q2 2025-2.6%-2.0%+7.0%
Q1 2025-2.4%-3.0%+22.8%
Q4 2024-13.9%-14.5%-26.6%
Q3 2024+7.9%+9.0%+21.6%
Q2 2024-12.6%-7.7%-10.3%
Q1 2024-9.6%-7.9%+1.7%
Q4 2023-5.2%-6.5%-2.6%
Q3 2023+1.3%+1.0%+17.6%
Q2 2023+0.3%+0.7%-5.2%
Q1 2023-3.3%-0.9%+0.8%
Q4 2022-2.2%+2.9%+15.0%
Q3 2022-10.1%-17.2%+4.7%
Q2 2022+6.9%+4.5%+8.1%
Q1 2022-6.4%-8.1%-19.6%
Q4 2021-12.4%-18.8%-13.9%
Q3 2021+0.0%+6.3%+18.9%
Q2 2021+2.3%+2.9%+10.2%
Q1 2021-0.4%+0.5%-8.6%
Q4 2020+4.2%+10.1%+28.5%
Q3 2020+3.9%+8.1%+11.2%
Q2 2020+12.5%+10.2%+18.4%
Q1 2020-4.3%-8.3%-7.7%
Q4 2019+6.0%+5.2%+10.3%
Q3 2019+1.1%+5.8%+5.5%
Q2 2019+7.8%+9.2%+7.0%
Q1 2019-4.6%-7.3%-2.6%
Q4 2018-9.1%-4.2%+3.0%
Q3 2018-2.0%-7.2%+0.2%
Q2 2018-1.6%-1.4%+2.7%
Q1 2018+2.0%+0.5%+3.8%
Q4 2017+7.2%+6.9%+15.6%
Q3 2017-0.6%+1.3%-5.1%
Q2 2017+7.8%+14.1%+8.7%
Q1 2017-3.7%-9.8%-12.9%
Q4 2016+3.6%+5.9%+5.6%
Q3 2016-4.1%-5.8%+11.4%
Q2 2016+4.1%+2.2%+9.7%
Q1 2016+0.2%
Q4 2015-0.2%
Q4 2012-0.2%
Q3 2015-1.0%
Q2 2015+3.1%
Q1 2014+0.2%
Q1 2015+2.7%
Q2 2014-0.2%
Q4 2013-0.2%
Q1 2013-0.2%
Q4 2014-2.5%
Q2 2013+1.0%
Q3 2013+1.0%
Q3 2014+1.0%

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