Triumph Bancorp
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News
TriumphPay reaches $16B payment milestone, adds factoring veteran to leadership
“When we started this journey with Jordan three years ago, we defined proof of concept as becoming the largest payor in brokered freight,” said the…
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Trucking
A transformed Triumph Bancorp talks its hot market and future in call with analysts
With two significant acquisitions in the last year, the major force in factoring embarks on a new path.
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Company earnings
A bigger Triumph reports a minuscule level of charge-offs for Q2
The report is for a company that is about to undergo yet another change, with HubTran now in the fold.
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Company earnings
Major trucking lender Triumph’s earnings reflect robust market
The bank’s book of business grew at a pace that far exceeded the additional business that came with its acquisition of Covenant’s factoring operation
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Company earnings
What a mess: Triumph details problems with big factoring client acquired from Covenant
The Triumph acquisition of TFS has had plenty of problems since it was first announced.
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Company earnings
Everything was bigger in fourth quarter for factoring business at Triumph
Fourth-quarter figures at Triumph were impacted by the third-quarter acquisition of Covenant’s factoring business.
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Trucking
The Daily Dash: A new SPAC is on the hunt; more charges in staged truck accidents investigation
In today’s edition of The Daily Dash, another SPAC is on the hunt for a possible acquisition in the transportation space. Plus, Prologis posts strong…
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Trucking
Aggressive growth targets for TriumphPay laid out
A $4.8 billion run rate for the quarter is expected to be at $7 billion by the end of the year: Triumph Bancorp CEO Graft
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Company earnings
Average size of factored invoice rises at Triumph Bancorp
At $1,931, it’s up from both the second quarter of this year and Q3 of 2019
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Trucking
Investors, Wall Street research firm like Covenant’s bullish forecast
Cowen raises price projection for the truckload carrier after its announced third-quarter forecast
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