Triumph Financial Inc Stock Price, News & Analysis

Triumph Financial (Nasdaq: TFIN) has declared a quarterly cash dividend for its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The dividend amounts to $17.81 per share, with holders of depositary shares (NASDAQ: TFINP) receiving $0.44525 per share. Each depositary share represents a 1/40th interest in a preferred stock share. The dividend will be paid on December 30, 2024, to shareholders of record as of December 15, 2024.

Triumph Financial (Nasdaq: TFIN) has announced its participation in the Stephens Annual Investment Conference in Nashville, Tennessee. Vice Chairman and CEO Aaron Graft will deliver a presentation on November 19, 2024, starting at 2:00 p.m. CST. Investors and interested parties can access the live webcast through a direct link or via the company's website tfin.com in the News & Events, Events & Presentations section.

Triumph Financial, Inc. (Nasdaq: TFIN) has released its third quarter 2024 financial results. The company has made the 3Q 2024 financial results and shareholder letter available on their website at tfin.com. Aaron P. Graft, Vice Chairman & CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts on Thursday, October 17, 2024 at 9:30 a.m. central time.

Investors can access the live video conference through a direct link or via the company's website. Alternatively, a live conference call option is available by dialing 1-833-928-4610 (International: 1-800-456-1369) and requesting to join meeting ID 984 7640 9638. An archive of the conference call will be available on the company's website afterward.

Triumph Financial (Nasdaq: TFIN) has announced the schedule for its third quarter 2024 earnings release and conference call. The company plans to release its financial results and management commentary after market close on Wednesday, October 16, 2024. These will be available on the company's website at tfin.com.

A conference call to review the financial results will be held on Thursday, October 17, 2024, at 9:30 a.m. central time. CEO Aaron P. Graft and CFO Brad Voss will lead the call. Investors and analysts can access the call through a live video conference link or by dialing 1-833-928-4610 (International: 1-800-456-1369) and requesting to join meeting ID 984 7640 9638. An archive of the call will be available on the company's website afterward.

TriumphPay announced that Ascent Global Logistics has joined the TriumphPay Network as a full audit and payments participant. This partnership aims to provide a more streamlined payment experience for Ascent's carriers, initially in their brokerage business segment with plans to expand. The addition of Ascent marks a significant milestone in TriumphPay's network growth, which saw $51.3 billion in unique brokered freight transactions in Q2, approaching 50% of the freight market.

Jack Korslin, CFO of Ascent, emphasized the importance of carrier success to their customer service. Aaron P. Graft, CEO of Triumph Financial, highlighted the critical role of adding new brokers in achieving long-term goals and enhancing the network's efficiency and value for all participants. TriumphPay's solutions focus on improving operational efficiency, financial transparency, and fraud mitigation for freight brokers.

Triumph Financial (Nasdaq: TFIN) has announced a quarterly cash dividend for its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The dividend is set at $17.81 per share, which translates to $0.44525 per depositary share (NASDAQ: TFINP), with each depositary share representing a 1/40th interest in a preferred stock share. The dividend will be paid on September 30, 2024, to shareholders of record as of the close of business on September 15, 2024. This announcement demonstrates Triumph Financial's commitment to providing returns to its preferred stockholders.

TriumphPay has announced that ArcBest (Nasdaq: ARCB), a multibillion-dollar integrated logistics company, has joined its network as a full audit and payments participant. This strategic move aims to enhance ArcBest's carrier payments, improve operational efficiency, and bolster payment security. As one of North America's largest freight brokerages, ArcBest's addition to the network is expected to have a significant impact on the transportation industry.

Steven Leonard, ArcBest's chief commercial officer, emphasized the importance of efficient and quick payments to their carrier network. The collaboration with TriumphPay is set to provide enhanced visibility into payment status and a more secure payment process, strengthening ArcBest's position as a preferred partner for carriers.

Triumph Financial (Nasdaq: TFIN) has appointed Mitchell Lee as its new chief risk and compliance officer. Lee will oversee the company's enterprise risk and compliance efforts, reporting to Ed Schreyer, EVP and COO. His responsibilities include developing a comprehensive risk management framework across all divisions, ensuring regulatory compliance, and integrating risk management into strategic planning.

Lee brings extensive experience from his previous roles as chief risk and compliance officer at Synctera and director of fintech at the Federal Reserve Bank of San Francisco. His background in managing risk at the intersection of financial services and technology aligns with Triumph Financial's vision of driving innovation while maintaining regulatory excellence.

Triumph Financial, Inc. (Nasdaq: TFIN) has released its second quarter 2024 financial results. The company will host a conference call on July 18, 2024, at 9:30 a.m. central time to review the results with investors and analysts. CEO Aaron P. Graft and CFO Brad Voss will lead the discussion.

Investors can access the live video conference through a direct link or via the company's website. A live conference call option is also available by dialing 1-833-928-4610 (International: 1-800-456-1369) and joining meeting ID 990 4360 5777. The financial results and shareholder letter are available on Triumph Financial's website at tfin.com. An archive of the conference call will be made available on the company's website for future reference.