Triumph Financial Reports Q2 2025 Net Income of $4.4 Million, Acquires Greenscreens AI

Triumph Financial, Inc. reported its financial results for the second quarter and first half of 2025, revealing a net income of $4.4 million, or $0.15 per diluted share, for the three months ended June 30, 2025. This marks a significant increase from the $2.7 million, or $0.08 per diluted share, reported in the same period last year. For the six months ended June 30, 2025, net income available to common stockholders was $2.8 million, down from $5.3 million in the prior year. The company’s total assets grew to $6.495 billion, up from $5.949 billion at the end of 2024, driven by an increase in loans held for investment, which rose to $4.953 billion from $4.547 billion.

The company experienced a notable increase in its loan portfolio, with total loans held for investment rising by $406.2 million during the first half of 2025. The Banking segment, which constitutes 72% of the total loan portfolio, saw loans increase from $3.340 billion to $3.549 billion, a 6.3% rise. The Factoring segment also reported growth, with factored receivables increasing by 13.7% to $1.175 billion. The Payments segment's factored receivables surged by 32.0%, reaching $226.5 million. Total deposits increased by $365.3 million, or 7.6%, to $5.186 billion, primarily due to a rise in noninterest-bearing demand deposits.

Strategically, Triumph Financial completed the acquisition of Greenscreens AI, Inc. on May 8, 2025, for a total consideration of $151.9 million, which included cash and stock. This acquisition is expected to enhance the company's capabilities in providing pricing intelligence and business insights within the logistics industry. Additionally, the company reached a settlement with the United States Postal Service (USPS) on June 30, 2025, resulting in a $47.5 million payment to Triumph Financial, which positively impacted its net income for the quarter.

Operationally, the company reported a significant increase in invoice processing through its Payments segment, with 8.5 million invoices processed, totaling $10.081 billion, compared to 6.1 million invoices for $6.688 billion in the same quarter of the previous year. The Factoring segment also saw an increase in the number of invoices purchased, which rose by 18.5%. The company’s total noninterest income for the second quarter increased by 12.9% to $19.4 million, driven by higher fee income from its Payments and Intelligence segments.

Looking ahead, Triumph Financial remains focused on enhancing its operational efficiency and profitability, particularly within its Factoring and Payments segments. The company plans to leverage technology to improve customer experience and streamline processes, while also managing credit risks associated with its loan portfolio. The outlook for the remainder of 2025 suggests continued growth, although the company acknowledges potential challenges from fluctuating market conditions in the transportation and logistics sectors.