Triumph Financial

Una desconexión: el EBITDA de Triumph Payments es máximo histórico, pero las acciones de Triumph Financial se desploman ante las ganancias

una-desconexion:-el-ebitda-de-triumph-payments-es-maximo-historico,-pero-las-acciones-de-triumph-financial-se-desploman-ante-las-ganancias

Varias métricas publicadas en las ganancias trimestrales del banco Triumph Financial, centrado en el transporte por carretera, mostraron una empresa que tuvo un cuarto trimestre sólido según algunas mediciones operativas, pero Wall Street no estuvo de acuerdo. Acciones bancarias en el último año, medidas por el Índice de bancos S&P Dow Joneshan aumentado alrededor del […]

Esta entrada Una desconexión: el EBITDA de Triumph Payments es máximo histórico, pero las acciones de Triumph Financial se...

https://fullavantenews.com/una-desconexion-el-ebitda-de-triumph-payments-es-maximo-historico-pero-las-acciones-de-triumph-financial-se-desploman-ante-las-ganancias/?lang=es

A disconnect: EBITDA at Triumph Payments is all-time high, but Triumph Financial’s stock plummets on earnings

Various metrics released in the quarterly earnings of trucking-focused bank Triumph Financial showed a company that had a strong fourth quarter by some operational measurements, but Wall Street didn’t agree.

Banking stocks in the last year, as measured by the S&P Dow Jones Banks Index, have risen about 45% in the last year. In the last year, however, Triumph Financial is up less than 2%.

That weak trend continued Thursday in the wake of the earnings report released late Wednesday, with the stock...

https://www.freightwaves.com/news/a-disconnect-ebitda-at-triumph-payments-is-all-time-high-but-triumph-financials-stock-plummets-on-earnings

TriumphPay’s LoadPay a new tool in fierce battle to get drivers paid faster

TriumphPay is in the midst of a gradual rollout of LoadPay, a service aimed at owner-operators that will pull together the cross-section of services offered by the parent company, Triumph Financial.

“LoadPay at its core is a commercial bank account built for truckers,” Melissa Forman, the president of TriumphPay, said in an interview with FreightWaves. “We are a bank at our core that allows us to be able to do things that other providers might not be able to do, which means we can move money...

https://www.freightwaves.com/news/triumphpays-loadpay-a-new-tool-in-fierce-battle-to-get-drivers-paid-faster

TriumphPay gets back to a positive EBITDA

TriumphPay, the payments and processing arm of Triumph Financial, turned in a positive EBITDA for the third quarter for only the second time in its history.

Positive earnings before interest, taxes, depreciation and amortization at TriumphPay has been a highly sought goal for its parent, Triumph Financial (NASDAQ: TFIN), for many quarters. TriumphPay recorded a slightly positive EBITDA margin in the fourth quarter of 2023, so small that the $36,000 in positive EBITDA margin is listed in the...

https://www.freightwaves.com/news/triumphpay-gets-back-to-a-positive-ebitda

Triumph Financial staying course on growth targets despite weak earnings

A weak freight market led to a weak earnings report at Triumph Financial, the trucking-focused bank, but CEO Aaron Graft’s quarterly letter to shareholders continued to emphasize long-term strategy over short-term earnings.

Graft’s letter, which this quarter ran 11 pages of text, graphs and charts, opened by labeling quarterly earnings “anemic” and said the primary reason is that “expenses have risen while revenue has stagnated.”

But a possibly more important measure for Triumph Financial’s (NASDA...

https://www.freightwaves.com/news/triumph-financial-staying-course-on-growth-targets-despite-weak-earnings

Tough trucking market hits EBITDA at TriumphPay; other indicators up

In his quarterly note to shareholders, Triumph Financial CEO Aaron Graft predicted that the headline on the earnings might be “TriumphPay swung to a loss this quarter” — one quarter after that growth segment at the trucking-focused bank had become EBITDA-positive.

And so it was: Earnings before interest, taxes, depreciation and amortization for TriumphPay was negative in the quarter. But as Graft noted several times in his unique quarterly shareholder missive, Triumph Financial is playing the...

https://www.freightwaves.com/news/tough-trucking-market-hits-ebitda-at-triumphpay-other-indicators-up

FreightTech Friday: 4 tech companies FreightWaves met at MATS

In March, Louisville, Kentucky, hosted the 52nd Mid-America Trucking Show, an event drawing a dynamic spectrum of stakeholders ranging from trucking companies, technology providers and OEMs to parts manufacturers and industry experts. This annual gathering serves as both a showcase of emerging trends and a celebration of the trucking lifestyle.

FreightWaves seized the opportunity to dive into current innovations, conducting interviews with four FreightTech companies poised to revolutionize...

https://www.freightwaves.com/news/freighttech-friday-4-tech-companies-freightwaves-met-at-mats

Triumph factoring group’s new COO sits atop a business that has doubled

Kimberly Fisk has been in the factoring business long enough to remember when factoring was known as the F-word.

But the growth that Fisk, recently installed chief operating officer at Triumph Financial Services LLC, has seen in her more than 11 years at Triumph is enormous. Triumph now purchases about 600,000 invoices per month for factoring. Five or six years ago, she said, “It was about half of that, because we have grown much more in size in the last couple of years.”

FreightWaves...

https://www.freightwaves.com/news/triumph-factoring-groups-new-coo-sits-atop-a-business-that-has-doubled

Investment bank praises Triumph Financial but cuts its stock price rating

Financial services analysts at Piper Sandler think Triumph Financial has a strong future over the next two years, but they aren’t too hot on the stock right now.

In a report that could be read as more of an endorsement of the strategy of the trucking-focused bank, analysts Frank Schiraldi and Justin Crowley on Monday cut their rating on Triumph Financial (NASDAQ: TFIN) to Underweight from Neutral. 

The reasons for their move are both somewhat complimentary to Triumph: The bank’s strategy is...

https://www.freightwaves.com/news/investment-bank-praises-triumph-financial-but-cuts-its-stock-price-rating

EBITDA at TriumphPay, its key metric, turned positive in Q4

Triumph Financial put it right at the top of its fourth-quarter earnings report: Its TriumphPay division, which combines its traditional quick pay services with the “open loop” invoice processing known simply as “the network,” was EBITDA-positive in the last three months of 2023.

In his lengthy note to shareholders, Triumph (NASDAQ: TFIN) CEO Aaron Graft said the milestone had been achieved one year ahead of schedule “despite a freight recession.”

Graft said several factors contributed to the...

https://www.freightwaves.com/news/ebitda-at-triumphpay-its-key-metric-turned-positive-in-q4

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