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Triumph Financial (TFIN) Stock News, Feb-Jul 2024

TFIN NYSE

Triumph Financial, Inc. reports news as a transportation-focused financial and technology company serving freight transactions through payments, factoring, banking and intelligence solutions. Its portfolio includes Triumph, LoadPay and TBK Bank, with products used by brokers, carriers, shippers and factors.

Recurring updates include quarterly financial results, shareholder letters and conference calls; preferred stock dividend declarations; annual meeting and governance communications; investor conference appearances; and customer adoption of automated payment solutions within the Triumph Network.

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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.

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Triumph Financial (Nasdaq: TFIN) will release its second quarter financial results after the market closes on July 17, 2024. The financial results and management commentary will be available on the company's website, tfin.com.

Aaron P. Graft, Vice Chairman and CEO, and Brad Voss, CFO, will discuss the results in a conference call with investors and analysts on July 18, 2024, at 9:30 a.m. CT. The event can be accessed via a live video conference link or by dialing into a conference call. An archive of the call will be available on the company's website.

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Triumph Financial (Nasdaq: TFIN) and C.H. Robinson (Nasdaq: CHRW) have announced a strategic relationship aimed at enhancing payment solutions in the transportation industry.

C.H. Robinson will join the TriumphPay Network, which integrates brokers, shippers, factors, and carriers for a streamlined payment experience.

This collaboration seeks to offer improved financial benefits, operational efficiency, and faster processing times for carriers.

Leaders from both companies emphasize the potential for innovation and industry growth through this partnership.

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Triumph Financial announced a quarterly dividend for its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock.

The dividend, amounting to $17.81 per share, will be distributed to holders of depositary shares (NASDAQ: TFINP), each representing a 1/40th interest in the preferred stock. Holders will receive $0.44525 per depositary share.

The dividend is payable on June 30, 2024, to shareholders of record as of June 15, 2024.

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Triumph Financial, Inc. (Nasdaq: TFIN) has appointed Jamie Paterson as the EVP, Chief Operating Officer - Banking Operations of its TBK Bank, SSB subsidiary. Paterson will oversee operational functions within the retail bank, including digital banking, customer service, risk management, fraud mitigation, product development, deposit operations, and project management. With over 20 years of financial services leadership experience, Paterson's role aims to drive growth, innovation, and transformation in banking operations at TBK Bank.

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FAQ

What is the current stock price of Triumph Financial (TFIN)?

Triumph Financial (TFIN) last closed at $62.1.

What is the market cap of Triumph Financial (TFIN)?

The market cap of Triumph Financial (TFIN) is approximately $1.5B.