Triumph Financial reports Q4 EPS 13c, consensus 25c

Reports Q4 tangible book value per share $25.13. Reports Q4 CET1 capital ratio 11.4%. Reports Q4 net charge-offs .11%. The company said, “As of today, we believe that more than 50% of all brokered freight transactions touch our network. This metric is important for many reasons. It is also challenging to calculate with absolute precision given the way the market moves seasonally and cyclically, but using $110 billion as the addressable truckload market, we now touch over 50% of all transactions. We expect to hit another milestone in Q1 – eclipsing over $100 billion in payments through TriumphPay since inception. It’s been a great journey that is far from over.”