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Triumph Financial, Inc. (TBK), a leading financial institution , has released its financial results for the third quarter of 2023. The company reported a net income of $17.67 million and generated $107.53 million in revenue during this period. These results reflect the performance of Triumph Financial's various segments, including Banking, Factoring, Payments, and Corporate

Triumph Financial, Inc. Reports Q3 2023 Net Income of $17.67 Million

Q3 2023 Revenue Totals $107.53 Million for Triumph Financial, Inc.

By NewsInMinutes
Published - Oct 19, 2023, 05:19 PM ET
Last Updated - Aug 27, 2024, 03:58 AM EDT

Triumph Financial, Inc. (TBK), a leading financial institution , has released its financial results for the third quarter of 2023. The company reported a net income of $17.67 million and generated $107.53 million in revenue during this period. These results reflect the performance of Triumph Financial's various segments, including Banking, Factoring, Payments, and Corporate.

Net Income and Revenue

In the third quarter of 2023, Triumph Financial, Inc. achieved a net income of $17.67 million, showcasing the company's financial strength and resilience in a dynamic market. The net income, although positive, is a decrease compared to the previous quarter when the company reported a net income of $9.92 million.

Total revenue for the same period amounted to $107.53 million, highlighting Triumph Financial's ability to generate substantial income across its diverse business segments.

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