TriumphPay

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 […]

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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 expansion makes it easier than ever to do business in Mexico 

Manufacturers have been actively moving their operations away from China for the past several years. This trend – fueled by shipping delays, rising costs and ongoing political tension – has helped spark an industry-wide enthusiasm for nearshoring and friendshoring. 

In 2023, Mexico surpassed Canada to become the largest U.S. trading partner. The relationship between the two nations has continued to strengthen, with the U.S. Census Bureau reporting trade totals of $74 billion in August alone....

https://www.freightwaves.com/news/triumphpay-expansion-makes-it-easier-than-ever-to-do-business-in-mexico

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

Leveraging network effects to mitigate risk

From Jan. 1, 2023, through 2024, TriumphPay has prevented $113.58 million in potential losses through the capabilities of the TriumphPay Network. An upcoming white paper by FreightWaves, in partnership with TriumphPay, examines how the Network identified and prevented potential losses for Network participants.

The Network is modernizing and simplifying freight transactions. By exchanging real-time structured data, the Network reduces inefficiency, automates secure transactions, and provides...

https://www.freightwaves.com/news/leveraging-network-effects-to-mitigate-risk

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

C.H. Robinson joins TriumphPay’s payments platform

Triumph Financial announced Monday that C.H. Robinson has joined its freight payments platform. The strategic partnership opens the menu of transportation finance solutions on the TriumphPay Network to C.H. Robinson’s 450,000 contract carriers.

“By joining forces, we have the ability to deliver financial payment offerings that streamline processes, improve efficiencies and foster growth with and for carriers,” stated Michael Castagnetto, president of North American surface transportation at C.H....

https://www.freightwaves.com/news/c-h-robinson-joins-triumphpays-payments-platform

New payment option emerges for companies doing business in Mexico

Mexico eclipsed Canada and China to become the top U.S. trading partner in 2023. This shift came amidst the ongoing push toward nearshoring and friendshoring efforts in the manufacturing sector. This trend suggests that last year’s boom is just the beginning of the growing partnership between Mexico and the U.S.

U.S. trade with Mexico totaled over $855 billion in 2023 – including $362 billion in exports and $493 billion in imports, according to the United States Trade Representative. This level...

https://www.freightwaves.com/news/new-payment-option-emerges-for-companies-doing-business-in-mexico

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

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