Triumph Bancorp, Inc.
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Triumph Bancorp, Inc. - overview
Established
2010
Location
Dallas, TX, US
Primary Industry
Financial Services
About
Triumph Bancorp, Inc. is a financial services company that specializes in providing tailored solutions for the transportation and logistics sector, enhancing cash flow and payment efficiency for its clients. Founded in 2010 and headquartered in Dallas, US, Triumph Bancorp, Inc. focuses on delivering financial products to the transportation industry.
The company's strategic operations include factoring services and payment processing, with no notable pivots or changes recorded in its business model. Aaron Graft is the CEO of the company, leading its initiatives in the market. Triumph specializes in offering a comprehensive suite of financial services tailored for the transportation and logistics industry. Key offerings include factoring services that provide immediate cash flow via freight invoice purchases, and payment processing solutions that facilitate transactions between brokers, carriers, and shippers.
Other services encompass expense management, automated invoice processing, and performance auditing tools available through its TriumphPay platform. The company serves a clientele that mainly comprises freight brokers, owner-operators, fleet carriers, and shippers across North America, particularly in major markets in the United States and Canada. For the year 2024, Triumph Bancorp, Inc. reported a revenue of USD 415.
87 mn and an EBITDA of USD 78. 69 mn for the year 2023. Revenue generation primarily stems from factoring fees and transaction processing charges associated with the TriumphPay platform, ensuring timely cash flow and payment processing for its clients. Currently, Triumph Bancorp, Inc.
is strategizing to enhance its product offerings and expand its market reach. Plans include the development of new financial products aimed at increasing efficiency within the logistics sector, although specific launch dates have not been disclosed. The company intends to penetrate additional geographic markets, particularly targeting underserved areas in North America. Recent funding will be utilized to support these initiatives, ensuring resources are allocated towards innovation and market expansion.
Primary Industry
Financial Services
Sub Industries
Retail Banks, Consumer Finance, Commercial Banks, Personal Insurance, Commercial Insurance
Website
www.triumphbancorp.com/
Total Amount Raised
Subscriber access only
Triumph Bancorp, Inc. - timeline of key events
Triumph Bancorp, Inc. - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 88,376,000 | 103,194,000 | 127,351,000 | 170,888,000 | 247,675,000 | 281,568,000 | 308,022,000 | 408,420,000 | 444,853,000 | - | - | - |
| % Revenue Growth (YoY) | - | 16.8% | 23.4% | 34.2% | 44.9% | 13.7% | 9.4% | 32.6% | 8.9% | - | - | - |
| EBITDA (USD) | 36,298,000 | 44,530,000 | 42,741,000 | 71,445,000 | 80,708,000 | 93,516,000 | 104,319,000 | 168,629,000 | 162,745,000 | - | - | - |
| Operating Income (USD) | 30,167,000 | 37,554,000 | 33,509,000 | 61,098,000 | 66,500,000 | 75,446,000 | 84,710,000 | 144,954,000 | 137,004,000 | - | - | - |
| Operating Margin | 34.1% | 36.4% | 26.3% | 35.8% | 26.8% | 26.8% | 27.5% | 35.5% | 30.8% | - | - | - |
| % EBITDA Margin | 41.1% | 43.2% | 33.6% | 41.8% | 32.6% | 33.2% | 33.9% | 41.3% | 36.6% | - | - | - |
| NET Income (USD) | 19,789,000 | 29,133,000 | 20,700,000 | 36,220,000 | 51,708,000 | 58,544,000 | 64,024,000 | 112,974,000 | 102,311,000 | - | - | - |
| % Net Margin | 22.4% | 28.2% | 16.3% | 21.2% | 20.9% | 20.8% | 20.8% | 27.7% | 23.0% | - | - | - |
Triumph Bancorp, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | Triumph Capital Advisors, LLC | - |
Displaying 1 - 1 of 1
Triumph Bancorp, Inc. - employee data
Triumph Bancorp, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Board of Directors; Chairman Audit Committee | BM |
BM Board Member
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