Triumph Financial

TFIN · NYSE

$62.22+$0.78 (+1.27%)TodayMarket closed · Oct 20, 7:00 PM ET

Prev close $61.44

TFIN analyst rating

HoldConsensus of 5 analysts over the last 12 months. 40% rate it a buy.

Strong buy0
Buy2
Hold3
Underperform0
Sell0

12-month price target · 7 analysts

Average $86.50 (+39.0% upside)

Low: $82.82
Now: $62.22
High: $92.40

Upgrades and downgrades

The latest rating actions, newest first

TFIN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
B. Riley Securities	Oct 2, 2026	Upgrade	Neutral → Buy	$82.00	52%
Raymond James	Sep 25, 2026	Maintains	Outperform	$89.00 → $84.00	61%
DA Davidson	Jul 29, 2026	Maintains	Neutral	$65.00 → $82.00	78%
B. Riley Securities	Jul 24, 2026	Maintains	Neutral	$70.00 → $82.00	52%
Stephens & Co.	Jul 23, 2026	Maintains	Equal-Weight	$82.00 → $88.00	63%
Keefe, Bruyette & Woods	Jul 23, 2026	Maintains	Market Perform	$78.00 → $88.00	33%
Raymond James	Apr 23, 2026	Upgrade	Market Perform → Outperform	$72.00	61%
DA Davidson	Apr 22, 2026	Maintains	Neutral	$60.00	78%
DA Davidson	Jan 29, 2026	Maintains	Neutral	$60.00	78%
Keefe, Bruyette & Woods	Jan 28, 2026	Maintains	Market Perform	$66.00 → $70.00	33%

The case for and against

Updated Oct 7, 2026

Bull case

Triumph Financial is positioned for improving fundamentals as its Payments and Factoring segments show strong momentum, with Payments revenue up 23% Y/Y excluding LoadPay and Factoring revenue up 30% Y/Y in 2Q26 while margins expand meaningfully. The company’s 2Q26 EPS of $0.44 would have been $0.57 excluding $0.13 of non-core expenses, implying a $2.28 annual run-rate, and management expects EPS to rise from $2.07 in 2026 to $3.71 in 2027. Operating leverage looks increasingly favorable because expenses have reached about $100M per quarter from less than $80M four years ago, LoadPay adoption is accelerating, and the Intelligence and LoadPay investments may narrow the roughly $20M annual drag on pre-tax earnings.

Bear case

Triumph Financial is facing a negative setup because its bank loan portfolio is exposed to interest rate, credit, and liquidity risk, and rising deposit costs can compress net interest margin and profitability. The company is also highly tied to the cyclical trucking industry, where a freight recession that may last the remainder of 2023 could weaken factoring and payments revenue, while broader economic stress could impair loan growth and asset quality. Although Banking remained profitable with $24.6 million in pretax contribution and Factoring produced $14.5 million, declining average loan yields to 5.69% and lower average segment loans signal pressure that could limit earnings momentum.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.