Triumph Financial, Inc. · NYSE:TFIN
Triumph Financial — Triumph Bancorp — Raymond James 43rd Institutional Investor Conference (March 2022)
16 slides from Triumph Financial's conference presentation, Mar 7, 2022
Slide 1: Raymond James 43rd Institutional Investor Conference
March 7, 2022 Raymond James 43rd Institutional Investor Conference Exhibit 99.1
Slide 2: Disclaimer: Forward-Looking Statements
PAGE 2 DISCLAIMER FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. You can iden
Slide 3: Who Is Triumph?
PAGE 3 WHO IS TRIUMPH? [Pie Chart] Transportation Non-Transportation 89% 11% [Bar/Line Chart] Total Purchases Number of Invoices Purchased [Bar Chart] Average Invoice Size Among the Nations Largest Transportation Factors • $16 Billion of Annual Freight Invoices Purchased(1) • 12,000+ Carrier Clients
Slide 4: Who Are the Participants in Trucking Payments?
PAGE 4 WHO ARE THE MARKET PARTICIPANTS? FOR-HIRE TRUCKING ~$420 BILLION TAM* Manufacturer/Shipper Cars, Shoes, Nails, etc. $250 Billion Factor Small Carrier Freight Broker / 3PL Aggregates Capacity $170 Billion Large Carrier *This data utilizes high-level estimates from multiple data sources includi
Slide 5: Broker Subscription Fee
PAGE 5 WHO ARE THE MARKET PARTICIPANTS? FOR-HIRE TRUCKING ~$420 BILLION TAM* Manufacturer/Shipper Cars, Shoes, Nails, etc. $250 Billion Factor Small Carrier Freight Broker / 3PL Aggregates Capacity $170 Billion Large Carrier Broker Subscription Fee *This data utilizes high-level estimates from multi
Slide 6: Factor Subscription Fee
PAGE 6 WHO ARE THE MARKET PARTICIPANTS? FOR-HIRE TRUCKING ~$420 BILLION TAM* Manufacturer/Shipper Cars, Shoes, Nails, etc. $250 Billion Factor Small Carrier Freight Broker / 3PL Aggregates Capacity $170 Billion Large Carrier Factor Subscription Fee *This data utilizes high-level estimates from multi
Slide 7: Factor Network Fee on Conforming Transactions
PAGE 7 WHO ARE THE MARKET PARTICIPANTS? FOR-HIRE TRUCKING ~$420 BILLION TAM* Manufacturer/Shipper Cars, Shoes, Nails, etc. $250 Billion Factor Small Carrier Freight Broker / 3PL Aggregates Capacity $170 Billion Large Carrier Factor Network Fee Conforming Transactions *This data utilizes high-level e
Slide 8: Broker QuickPay & Syndication Shared Revenue
PAGE 8 WHO ARE THE MARKET PARTICIPANTS? FOR-HIRE TRUCKING ~$420 BILLION TAM* Manufacturer/Shipper Cars, Shoes, Nails, etc. $250 Billion Factor Small Carrier Freight Broker / 3PL Aggregates Capacity $170 Billion Large Carrier Broker QuickPay & Syndication Shared Revenue *This data utilizes high-level
Slide 9: TriumphPay Revenue Streams
PAGE 9 WHO ARE THE MARKET PARTICIPANTS? FOR-HIRE TRUCKING ~$420 BILLION TAM* Manufacturer/Shipper Cars, Shoes, Nails, etc. $250 Billion Factor Small Carrier Freight Broker / 3PL Aggregates Capacity $170 Billion Large Carrier Broker Subscription Fee Broker QuickPay & Syndication Shared Revenue Factor
Slide 10: What Is the Problem? Current Industry Process
PAGE 10 Manual Process Email Paperwork Upload Paperwork Via Portal Carrier Doctype Associate with load and carrier Send Check Verification Phone Call Pay Status Call 30-45 Days Application Phone Call Phone Calls Doctype Associate with debtor and carrier Verification Phone Call Email Paperwork Pay St
Slide 11: What Is the Solution? Conforming Transactions
PAGE 11 WHAT IS THE SOLUTION? CONFORMING TRANSACTIONS Screenshot of the raw version of the first payment status update for a conforming transaction completed on the TriumphPay network. January 11, 2022.
Slide 12: What Is the Solution? The Payments Network for Trucking
PAGE 12 Factor Portal Submit Paperwork Factor Specific Load Data Submit Paperwork Paperwork Status • Receive and Post Payment Approve • Doctype • Carrier • Load Funds drafted once per day Load Data Carrier/Load Mapping Load/Invoice Mapping Payment/Invoice Mapping Carrier/Load Mapping Manual Process
Slide 13: TriumphPay: Engagement
PAGE 13 *This data utilizes high-level estimates from multiple data sources including ATA industry reports (2019), FMCSA authority registrations, carrier reported numbers of power units, mercantile credit bureau reports, Broughton Capital reports and Triumph’s own portfolio data. **Unique carriers p
Slide 14: TriumphPay: Engagement
PAGE 14 Brokers 562 Factors 70 Payment Volume** $21.0 Billion Carriers* 189K+ *Unique carriers paid since inception **Annualized payment volume of TriumphPay in 4Q21 $21.0B. TRIUMPHPAY: ENGAGEMENT PAYMENTS AUDITBOTH
Slide 15: TriumphPay: Engagement
PAGE 15 TRIUMPHPAY: ENGAGEMENT Top 20 Factors Represent 75% of the Factor Industry Top 25 Brokers Represent 40% of the Broker Industry Note: Data presented as of March 3, 2021
Slide 16: Growth in Transportation
PAGE 16 GROWTH IN TRANSPORTATION • Revenue growth 4Q20 to 4Q21 of 253% – 4Q21 annualized exit run rate of $29 million • Payment volume growth rate of 334% in 2020 and 258% in 2021 – Annualized exit run rate of $21 billion • Number of invoices processed growth rate of 407% in 2020, 204% in 2021 • Act
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