Triumph Financial, Inc. · NYSE:TFIN
Triumph Financial — Investor Presentation (June 2024)
24 slides from Triumph Financial's investor presentation, Jun 28, 2024
Slide 1: Investor Deck
© Triumph Financial, Inc Investor Deck NASDAQ: TFIN
Slide 2: Forward-Looking Statements
© Triumph Financial, Inc 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 c
Slide 3: Triumph Financial is a financial and technology company serving the transportation industry
© Triumph Financial, Inc NASDAQ GS: TFIN (As of 6/24/24) $77.22 $0 $20 $40 $60 $80 $100 $120 2014 2015 2016 2018 2019 2020 2021 2022 2023 2024 Market Cap Revenue(1) Net Income to Common Shareholders Triumph Financial is a financial and technology company serving the transportation industry 2023A $38
Slide 4: TFIN is building innovative solutions to support the U.S. freight and logistics industry
© Triumph Financial, Inc TFIN is building innovative solutions to support the U.S. freight and logistics industry Security Anti-Fraud Payments Integrations Connectivity Automation Trust Efficiencies Transparency Bank Network Exchange U.S. Freight and Logistics Industry $940B gross freight revenue fr
Slide 5: Value of TFIN as a Bank
© Triumph Financial, Inc Value of TFIN as a BANK Bank Network Exchange
Slide 6: TFIN's strong banking capabilities provide the foundation for transportation products
© Triumph Financial, Inc 1.45% Cost of Funds (top decile public US Banks) $250MM+ In excess capital above regulatory well- capitalized thresholds TFIN’s strong banking capabilities provide the foundation and balance sheet for many of our transportation products and services 6Network ExchangeBank $3.
Slide 7: Value of TFIN as a Network
© Triumph Financial, Inc Value of TFIN as a NETWORK Bank Network Exchange
Slide 8: Complexity invites fraud and creates waste
© Triumph Financial, Inc Many Many Many Many Complexity invites fraud and creates waste Fraud $500MM-$700MM in double-brokering fraud estimated and growing(1) Theft 57% increase in cargo theft incidents in 2023 compared to 2022(2) Friction ~$20 per invoice in friction incurred by the broker factor a
Slide 9: TFIN is creating a trusted network to connect parties and reduce friction
© Triumph Financial, Inc TFIN is creating a trusted network to connect parties, facilitate payments and reduce friction Shipper 100,000+ Factors ~400 Brokers 10,000+ Active Operational efficiency enabled through Triumph Financial's structured data between parties Visibility afforded in our Network s
Slide 10: Our density of transactions and clients uniquely positions TFIN
© Triumph Financial, Inc Our density of transactions and clients uniquely positions TFIN to solve industry challenges Client Penetration 57 of top 100 Broker customers 11 of top 20 Factor customers 184,000+ Carriers paid TTM through TriumphPay Transaction Penetration 44% of all brokered freight tran
Slide 11: Value-added services during the invoice lifecycle create multiple revenue opportunities
© Triumph Financial, Inc A/R $1,700 Fee Revenue Financing Revenue Float Revenue A/P A/R A/P A/R A/P Offering value-added services during the invoice lifecycle creates multiple revenue opportunities per transaction 11 Factors Carriers Brokers + 4PLs Shippers Note: This illustration highlights the inv
Slide 12: LoadPay: an open wallet application connected to our Network
© Triumph Financial, Inc : an open wallet application connected to our Network for carriers to receive, send and spend funds 12 A surface transportation payments & information Network Network and back-office efficiencies Fraud mitigation Value-added data services An open wallet application for carri
Slide 13: LoadPay unlocks financial opportunities for carriers and TFIN
© Triumph Financial, Inc A/R $1,700 A/P A/R A/P A/R A/P LoadPay unlocks financial opportunities for carriers and TFIN 13 A/P1 Factors Carriers Brokers + 4PLs Shippers 13 Fee Revenue Financing Revenue Float Revenue Quick Pay Network Fees Audit Fees Payments Float FactoringExtended Pay Payment Fees Lo
Slide 14: Value of TFIN as an Exchange
© Triumph Financial, Inc Value of TFIN as an EXCHANGE Bank Network Exchange
Slide 15: TFIN could leverage our Network density to facilitate a trusted exchange
© Triumph Financial, Inc TFIN could leverage our Network density to facilitate a trusted exchange 15 Financial Institutions Equipment Finance Lenders Investment Firms Government Agencies Insurance Groups Who would have access to the Exchange? Vetted members of our Network What could flow through the
Slide 16: TFIN has sightline to over $1B in revenue
© Triumph Financial, Inc TFIN has sightline to over $1B in revenue 16 Current Network Revenue(1,2) $52.5MM Realistic TAM of Network Revenue(1) $250MM Realistic TAM of Network Revenue + LoadPay $500MM Realistic TAM of Network Revenue + LoadPay + Exchange $1B 1. Revenue only from payments segment 2. A
Slide 17: Sustainable Business Practices
© Triumph Financial, Inc Sustainable Business Practices
Slide 18: TRIUMPH values
© Triumph Financial, Inc T R I U M P H Transparency Communicate the truth consistently, directly and professionally. Open communication is the foundation of strong relationships. Respect Treat others as you want to be treated. Put the needs of others and the needs of the team before promoting your o
Slide 19: Our Environmental Practices
© Triumph Financial, Inc Our Environmental Practices What we Believe What we Monitor We recognize that our activities may have an impact on our planet We are committed to sustainable finance, balancing environmental stewardship with responsible business operations and complying with all applicable l
Slide 20: Our Diversity
© Triumph Financial, Inc Our Diversity The diversity of Triumph Financial team members is a tremendous asset. We are committed to providing equal employment and advancement opportunities to qualified individuals and will not tolerate illegal discrimination or harassment of any kind. Women represent:
Slide 21: Our Philanthropy
© Triumph Financial, Inc Our Philanthropy In 2023, Triumph Financial's Matching Gifts Program Aside from volunteering, Triumph's Financial's Matching Gifts Program, supports organizations important to team members by matching their charitable contributions to qualified organizations, dollar-for-doll
Slide 22: Appendix
© Triumph Financial, Inc Appendix
Slide 23: Executive Team
© Triumph Financial, Inc Executive Team Aaron Graft Founder, Vice Chairman, and Chief Executive Officer 14 Years at TFIN Brad Voss EVP, Chief Financial Officer 13 Years at TFIN Melissa Forman President, TriumphPay 5 Years at TFIN 27 Years in Payments & Transportation Tim Valdez President, Triumph Fa
Slide 24: Thank You!
© Triumph Financial, Inc Thank You!
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