Triumph Financial, Inc. · NYSE:TFIN
Triumph Financial — Triumph Bancorp — Investor Presentation (March 2015)
18 slides from Triumph Financial's investor presentation, Mar 4, 2015
Slide 1: Investor Deck
Exhibit 99.2 INVESTOR DECK March 4, 2015 LIKE NO OTHER
Slide 2: Disclaimer: Forward-Looking Statements
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 identify fo
Slide 3: Platform Overview
PLATFORM OVERVIEW Headquartered in Dallas, Texas, Triumph Bancorp, Inc. (NASDAQ: TBK) is a financial holding company with a diversified line of community banking, commercial finance and asset management activities. www.triumphbancorp.com $1.4 (1) (2) billion in assets 12 (3) states (4) 517 team memb
Slide 4: How We Go To Market
HOW WE GO TO MARKET Commercial Finance Community Asset Banking Management Equipment Asset Based Factoring Finance Lending Focused on Offered under our Offered under our Offered at our Offered through reaching our Triumph Triumph Triumph Business Triumph Capital communities Commercial Finance Commerc
Slide 5: 2014 Highlights
2014 HIGHLIGHTS Purchased Triumph Healthcare Finance asset based lending group $16.9 million Net income to common stockholders Triumph Capital Advisors issued two CLOs and began warehousing a third Triumph Community Bank $12.6 million pretax LOANS DEPOSITS branch sale gain 14.2% 11.5% $124.8 million
Slide 6: Financial Highlights
FINANCIAL HIGHLIGHTS As of and For the Three Months Ended Key Metrics Dec 31, Sep 30, Jun 30, Mar 31, Dec 31, 2014 2014 2014 2014 2013 Performance ratios - annualized Return on average assets 0.78% 3.01% 0.88% 1.19% 3.99% (1) Return on average tangible common equity (ROATCE) 5.11% 34.26% 8.98% 13.00
Slide 7: Loan Portfolio Detail
LOAN PORTFOLIO DETAIL Community Banking / Other Commercial Finance 2% 9% 28% 27% $630.5 $375.4 48% 63% 37% 11% 62% 13% REAL ESTATE Loans HFI = $1,005.9 million FACTORED RECEIVABLES $180.9 Commercial Real Estate 249.2 Construction, Land & Development $42.9 1-4 Family Residential $78.7 4Q14 Yield = 8.
Slide 8: Loan Mix, Yield and Growth
LOAN MIX, YIELD AND GROWTH 1,200 14% 12% 1,000 10% 800 8% 600 6% 400 4% 200 2% 0 0% 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 Community Banking / Other Factored receivables Equipment Asset based lending (General) Asset based lending (Healthcare) Adjusted Loan Yields PAGE 8
Slide 9: Loan Yields and Net Interest Margin
LOAN YIELDS AND NET INTEREST MARGIN PAGE 9
Slide 10: Deposit Mix, Rate and Growth
DEPOSIT MIX, RATE AND GROWTH 1,400,000 1.6% 1.4% 1,200,000 1.2% 1,000,000 1.0% 800,000 0.8% 600,000 0.6% 400,000 0.4% 200,000 0.2% 0 0.0% 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 Brokered deposits Certificates of deposit Interest bearing deposits Noninterest bearing demand Cost of total deposits Cost
Slide 11: Noninterest Income
NONINTEREST INCOME 4,000 16.0% 3,500 14.0% 3,000 12.0% 2,500 10.0% 2,000 8.0% 1,500 6.0% 1,000 4.0% 500 2.0% — 0.0% Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Service charges on deposits Card income Fee income Asset management fees Other Noninterest income as a % of total revenu
Slide 12: Noninterest Expense
NONINTEREST EXPENSE Full Year 2013 Full Year 2014 Other Communications $4,967 Other and technology $11,681 $1,413 Communications Advertising and and technology promotion $3,748 $682 Advertising and Professional fees promotion $2,460 $2,594 Professional fees $3,574 Occupancy, furniture and Salaries a
Slide 13: Asset Quality
ASSET QUALITY 1,600 0.6% 1,400 0.5% 1,200 0.4% 1,000 800 0.3% 600 0.2% 400 0.1% 200 - 0.0% (200) -0.1% 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 Net Chargeoffs (NCOs) NCOs / Average Loans 30.0 6.0% 25.0 5.0% 20.0 4.0% 15.0 3.0% 10.0 2.0% 5.0 1.0% - 0.0% 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 Non-Perf
Slide 14: Investment Considerations
INVESTMENT CONSIDERATIONS • We are an entrepreneurial financial services company that seeks to balance financial returns with franchise value creation • We prefer to spread our risk all along the economic continuum (start-ups to mature businesses) through a variety of community banking and commercia
Slide 15: Appendix
st TRIUMPH APPENDIX LIKE NO OTHER at TRIUMPH
Slide 16: Oil and Gas Detail
OIL AND GAS DETAIL As part of our ongoing operations, Triumph lends in the energy space in Texas and across the nation. Our activities consist of indirect transactions with short durations or to customers borrowing on mostly multi-use assets. We do not participate in production or reserve based lend
Slide 17: Non-GAAP Financial Reconciliation
NON-GAAP FINANCIAL RECONCILIATION Metrics and non-GAAP financial reconciliation As of and For the Three Months Ended Dec 31, Sep 30, Jun 30, Mar 31, Dec 31, (Dollars in thousands, except per share amounts) 2014 2014 2014 2014 2013 Net income available to common stockholders $ 2,021 $ 9,495 $ 2,285 $
Slide 18: Non-GAAP Financial Reconciliation
NON-GAAP FINANCIAL RECONCILIATION Metrics and non-GAAP financial reconciliation (cont'd) As of and For the Three Months Ended Dec 31, Sep 30, Jun 30, Mar 31, Dec 31, ($ in thousands, except per share amounts) 2014 2014 2014 2014 2013 Reported yield on loans 8.98% 8.66% 8.83% 9.17% 9.38% Effect of ac