Watchlist Investing

Watchlist Investing

Triumph Financial Q3 Update

End game in sight?

Adam Mead's avatar
Adam Mead
Oct 22, 2025
∙ Paid

Disclosure: Long TFIN

Prior posts:

Substack

Initial Deep Dive December 2022


I just covered Triumph in a September post, which is now unlocked for free subscribers. The company’s Q3 results posted last week contain a few important updates.

  • Noninterest expense update

  • Customer-centric reorganization

  • Business line updates

  • Share repurchase announcement

  • Freight market update

Sources: Q3 Letter to shareholders | 3Q-2025 10Q Filing | Slide Deck

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