Triumph Financial, Inc. (TFIN) is a financial holding company headquartered in Dallas, Texas, specializing in providing integrated financial services to participants in the for-hire trucking ecosystem in the United States. The company operates through four main segments, offering banking, factoring, payments, and intelligence solutions tailored to the needs of its clients. TFIN combines traditional banking services with innovative financial products to optimize operations and deepen relationships within the trucking industry.
- Banking - Provides traditional banking services, including commercial lending, deposit products, asset-based lending, equipment lending, mortgage warehouse lending, and liquid credit lending through TBK Bank.
- Factoring - Offers working capital solutions by purchasing invoices at a discount, primarily targeting small to medium-sized trucking fleets. Includes Factoring as a Service (FaaS) for back-office factoring services.
- Payments - Operates TriumphPay, a platform that streamlines the presentment, audit, and payment of transportation invoices, connecting Brokers, Shippers, Factors, and Carriers.
- Intelligence - Provides data services, insights, and analytics to participants in the trucking ecosystem, generating revenue through access fees, subscriptions, and seat licenses.
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Name | Position | External Roles | Short Bio | |
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Aaron P. Graft ExecutiveBoard | Vice Chairman, Chief Executive Officer, and President | Vice Chairman and Chief Executive Officer of TBK Bank, SSB; Chairman of Triumph Financial Services LLC; Vice Chairman of Triumph Insurance Group, Inc.; Director and Chairman of The Bank of the West of Thomas, Oklahoma | Aaron P. Graft has served as Vice Chairman, Chief Executive Officer, and President of TFIN since 2010 , and he has also been a Director on TFIN's Board since 2010. | View Report → |
Adam D. Nelson Executive | Executive Vice President and General Counsel | Adam D. Nelson has served as the Executive Vice President and General Counsel at Triumph Financial, Inc. since 2013, and also holds the role of Secretary there, demonstrating strong expertise in legal and compliance matters. Previously, he held key legal roles at Trinitas Capital Management, ACE Cash Express, Inc., and Weil Gotshal & Manges, LLP. | ||
David Vielehr Executive | President of LoadPay | David Vielehr has been named President of LoadPay at TFIN since 2024 and brings extensive experience in financial technology and product development. | ||
Edward J. Schreyer Executive | Executive Vice President and Chief Operating Officer | Edward J. Schreyer is currently the Executive Vice President and Chief Operating Officer at TFIN since 2022. He joined TFIN as President and Chief Operating Officer of TriumphPay in 2021 and brings over 30 years of experience from CBRE Group, Inc.. | ||
Kim Fisk Executive | President of Factoring | Kim Fisk has been serving as President of Factoring at TFIN since March 25, 2025 , and previously served as Chief Operating Officer in the factoring business. | ||
Todd Ritterbusch Executive | President of Payments and Banking | Todd Ritterbusch is the President of Payments and Banking at TFIN since March 2025. He previously served as President of TBK Bank, SSB from 2022 and as Executive Vice President and Chief Lending Officer from 2019 to 2022, with a lengthy career at JPMorgan Chase Bank from 2002 to April 2019. | ||
W. Bradley Voss Executive | Executive Vice President and Chief Financial Officer | W. Bradley Voss has served as the Executive Vice President and Chief Financial Officer of Triumph Financial, Inc. since 2021. He previously held roles as Senior Vice President and Treasurer from 2015 to 2019 and as Executive Vice President and Treasurer from 2019 to 2021. | ||
C. Todd Sparks Board | Independent Director | Vice President and Chief Financial Officer of Discovery Operating Inc.; Board of Directors member at TBK Bank, SSB; Board of Directors member at Midland Classical Academy | C. Todd Sparks has been with Triumph Financial, Inc. since 2010, serving as an Independent Director and Audit Committee Member. He also holds roles as Vice President and Chief Financial Officer at Discovery Operating Inc. and active board positions at TBK Bank, SSB and Midland Classical Academy. | |
Carlos M. Sepulveda Board | Chairman of the Board of Directors | Board Member, Interstate Battery System International, Inc. ; Lead Director and Chairman, Cinemark Holdings, Inc. ; Board Member, Savoya Holdings, LLC | Carlos M. Sepulveda, Jr. has served as Chairman of the Board of Directors at TFIN since 2010. He previously served as Executive Chairman until 2015. | |
Charles A. Anderson Board | Independent Director | Co-Founder of Bandera Ventures, Ltd.; Board Member at Highwoods Properties, Inc. | Charles A. Anderson has served as an Independent Director at Triumph Financial, Inc. since 2010, where he also chairs the Compensation Committee and is a member of the Nominating and Corporate Governance Committee. He has extensive experience in real estate development and investment, including roles such as Co-Founder of Bandera Ventures, Ltd. and Board Member at Highwoods Properties, Inc.. | |
Davis Deadman Board | Director | North Texas Certified Development Corporation board member | Davis Deadman is a Director at TFIN since 2023 and has an extensive background in banking, having served as Chief Lending Officer at TBK Bank, SSB from 2011 to 2014. | |
Debra A. Bradford Board | Independent Director | President and Chief Financial Officer of First American Payment Systems | Debra A. Bradford has served as an Independent Director at TFIN since 2020, where she is a member of both the Audit and Risk and Compliance committees. She is also the President and Chief Financial Officer of First American Payment Systems since 2008. | |
Harrison B. Barnes Board | Independent Director | USA Basketball (Board Director); NBA Foundation (Player Representative); National Basketball Players Association (Treasurer and Executive Committee Member) | Harrison B. Barnes has served as an Independent Director at Triumph Financial, Inc. since 2021. He is also recognized for his career as a professional athlete in the NBA since 2012 and his contributions on various boards. | |
Laura K. Easley Board | Independent Director | Laura K. Easley is the Independent Director at TFIN since 2020 , serving as Chair of the Risk and Compliance Committee and a member of the Nominating and Corporate Governance Committee. Previously, she held executive roles in the transportation and logistics industry, including serving as COO at Transportation Insight until her retirement in 2019. | ||
Maribess L. Miller Board | Independent Director | DR Horton, Inc; Midmark Corp. | Maribess L. Miller is an Independent Director at Triumph Financial, Inc. since 2014 with extensive leadership experience at PricewaterhouseCoopers LLP from 1975 to 2009. | |
Melissa K. McSherry Board | Member of the Board of Directors | Advisor | Melissa K. McSherry was elected to the Board of Directors at TFIN on April 22, 2025 and serves on the Risk and Compliance Committee. With over 30 years in financial services and technology leadership, she has held key roles at companies such as Visa and Anywhere Real Estate. | |
Michael P. Rafferty Board | Independent Director | Michael P. Rafferty has been an Independent Director at TFIN since 2014, serving as the Chair of the Audit Committee and a member of the Risk and Compliance Committee. Prior to joining TFIN, he was a partner at Ernst & Young and led the Audit Practice for the Southwest Region from 2004 to 2013. | ||
Richard L. Davis Board | Independent Director | Founder of DAVACO, Inc. (2000); Launched RLD Capital Holdings, Inc. (2023); Member of The Salvation Army Dallas/Fort Worth Metroplex Advisory Board; Member of The Foundation Board of Baylor Scott & White | Independent Director at TFIN since 2010, with demonstrated senior leadership experience in retail and construction, and active participation in the Compensation and Nominating and Corporate Governance Committees. |
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Based on Q1 2025 comments about transportation revenue currently at $206 million and the plan to double the Factoring segment, what specific initiatives and metrics will you use to ensure that growth target is met despite the severe market headwinds?
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Given the observed gap where confirming invoice volume grew by only 3-4% while Payments fees surged by 12-13%, how do you plan to sustain this margin expansion amid ongoing competitive pressures and economic uncertainties?
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With only about 50% of the next-gen audit migration opportunity captured to date, what are the detailed timelines and performance indicators you will use to drive further customer upgrades and potential price increases at contract renewal?
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You mentioned that green screens could add significant long-term revenue through data monetization, yet current details are sparse; can you elaborate on the anticipated financial impact and the strategic milestones for its integration in the second half of the year?
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In light of ongoing issues in the equipment finance portfolio and concerns around tariffs, what risk mitigation strategies and contingency plans are in place to manage possible credit deterioration if macroeconomic conditions worsen?
Research analysts who have asked questions during Triumph Financial earnings calls.
Gary Tenner
D.A. Davidson & Co.
5 questions for TFIN
Joseph Yanchunis
Raymond James
5 questions for TFIN
Matt Olney
Stephens Inc.
4 questions for TFIN
Hal Goetsch
B. Riley Securities
2 questions for TFIN
Harold Goetsch
B. Riley Securities
2 questions for TFIN
Timothy Switzer
KBW
2 questions for TFIN
Tim Switzer
Keefe, Bruyette & Woods (KBW)
2 questions for TFIN
Matthew Olney
Stephens Inc.
1 question for TFIN
Notable M&A activity and strategic investments in the past 3 years.
Company | Year | Details |
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Greenscreens.ai | 2025 | Triumph Financial completed the acquisition of Greenscreens.ai for $140 million in cash plus 256,984 shares of common stock (valued at approximately $20 million) to enhance its Intelligence segment with machine learning–driven freight pricing insights, with the Greenscreens.ai CEO being named President to drive integration. |
HubTran, Inc. | 2021 | TriumphPay, a division of Triumph Bancorp, acquired HubTran, Inc. for $97 million in cash to build a payments network for freight brokers and factors, enhancing presentment, audit, and payment capabilities, with the transaction completed on June 1, 2021 and integration planned in the fourth quarter of 2021. |
TFS | 2020 | Triumph Bancorp, through its subsidiary, acquired the transportation factoring assets of TFS for $108.4 million in cash, along with common stock and contingent consideration, obtaining net accounts receivable and related intangible assets, followed by amendments that returned stock and removed contingent payments while establishing robust indemnification terms. |
Recent press releases and 8-K filings for TFIN.
- Triumph Financial, Inc. reported net income to common stockholders of $3.6 million, or $0.15 per diluted share, for the second quarter of 2025.
- The quarter's results include a significant non-core gain from the settlement of long-running litigation with the United States Postal Service (USPS), which had a net impact of $12.362 million on pre-tax operating income.
- Transportation revenue grew 15.2% for the quarter, reaching an annualized $237 million (excluding the USPS settlement impact), with organic growth of 11.3%.
- The company's LoadPay digital banking product continues to gain momentum, reaching 2,729 accounts as of July 14, 2025, and targeting 5,000 – 10,000 accounts by year-end.
- The Payments segment's revenue grew 13.5% quarter-over-quarter to an annualized rate of $68.9 million, with an EBITDA margin of 13.9%. The Factoring segment's revenue grew 13.3% quarter-over-quarter, with an operating margin of 48.5%.