Triumph Financial Management

Management criteria checks 4/4

Triumph Financial's CEO is Aaron Graft, appointed in Oct 2010, has a tenure of 13.5 years. total yearly compensation is $3.26M, comprised of 22.1% salary and 77.9% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth $11.86M. The average tenure of the management team and the board of directors is 2.5 years and 9.8 years respectively.

Key information

Aaron Graft

Chief executive officer

US$3.3m

Total compensation

CEO salary percentage	22.1%
CEO tenure	13.5yrs
CEO ownership	0.7%
Management average tenure	2.5yrs
Board average tenure	9.8yrs

Recent management updates

Recent updates

Triumph Bancorp Non-GAAP EPS of $0.62 misses by $0.18, revenue of $110.94M misses by $2.05M

Oct 19

Is Now The Time To Put Triumph Bancorp (NASDAQ:TBK) On Your Watchlist?

Mar 29

Here's Why I Think Triumph Bancorp (NASDAQ:TBK) Is An Interesting Stock

Dec 26

CEO Compensation Analysis

How has Aaron Graft's remuneration changed compared to Triumph Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$31m
Dec 31 2023	US$3m	US$721k	US$38m
Sep 30 2023	n/a	n/a	US$46m
Jun 30 2023	n/a	n/a	US$49m
Mar 31 2023	n/a	n/a	US$86m
Dec 31 2022	US$3m	US$692k	US$99m
Sep 30 2022	n/a	n/a	US$108m
Jun 30 2022	n/a	n/a	US$116m
Mar 31 2022	n/a	n/a	US$100m
Dec 31 2021	US$2m	US$650k	US$110m
Sep 30 2021	n/a	n/a	US$115m
Jun 30 2021	n/a	n/a	US$114m
Mar 31 2021	n/a	n/a	US$100m
Dec 31 2020	US$1m	US$650k	US$62m
Sep 30 2020	n/a	n/a	US$48m
Jun 30 2020	n/a	n/a	US$40m
Mar 31 2020	n/a	n/a	US$39m
Dec 31 2019	US$1m	US$570k	US$59m
Sep 30 2019	n/a	n/a	US$60m
Jun 30 2019	n/a	n/a	US$55m
Mar 31 2019	n/a	n/a	US$54m
Dec 31 2018	US$1m	US$515k	US$51m
Sep 30 2018	n/a	n/a	US$39m
Jun 30 2018	n/a	n/a	US$40m
Mar 31 2018	n/a	n/a	US$37m
Dec 31 2017	US$1m	US$460k	US$35m

Compensation vs Market: Aaron's total compensation ($USD3.26M) is below average for companies of similar size in the US market ($USD5.57M).

Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.

CEO

Aaron Graft (45 yo)

13.5yrs

Tenure

US$3,260,635

Compensation

Mr. Aaron P. Graft is the Founder, Vice Chairman and Chief Executive Officer and President of Triumph Financial, Inc. (Nasdaq: TFIN). Additionally, he serves as the Vice Chairman, Chief Executive Officer a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Aaron Graft	Founder	13.5yrs	US$3.26m	0.74% $ 11.9m
William Voss	Executive VP & CFO	2.6yrs	US$1.09m	0.089% $ 1.4m
Edward Schreyer	Executive VP & COO	2yrs	US$1.73m	0.22% $ 3.5m
Gail Lehmann	Executive VP	2yrs	US$967.39k	0.21% $ 3.3m
Melissa Forman-Barenblit	Executive VP & President of Triumphpay	no data	US$1.08m	0.052% $ 832.6k
Renee Galitis	Executive VP & Chief Information Officer	2.4yrs	no data	no data
Luke Wyse	Senior Vice President of Finance & Investor Relations	10.3yrs	no data	no data
Adam Nelson	Executive VP	11.3yrs	US$793.44k	0.13% $ 2.2m
Amanda Tavackoli	Senior VP & Director of Corporate Communication	no data	no data	no data
Michelle Holmes	Executive VP & Chief Marketing Officer	less than a year	no data	no data
Stephen Grossi	Executive VP & Chief Human Resources Officer	no data	no data	no data
Rob Wright	Chief Product Officer - Triumph Business Capital	2.5yrs	no data	no data

2.5yrs

Average Tenure

51.5yo

Average Age

Experienced Management: TFIN's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Aaron Graft	Founder	14.3yrs	US$3.26m	0.74% $ 11.9m
Debra Bradford	Independent Director	3.9yrs	US$142.40k	0.033% $ 523.5k
Carlos Sepulveda	Independent Chairman	14.3yrs	US$237.33k	1.58% $ 25.5m
Richard Davis	Independent Director	14.3yrs	US$120.90k	0.87% $ 14.1m
Davis Deadman	Director	1.3yrs	US$181.13k	0.033% $ 538.3k
Laura Easley	Independent Director	3.9yrs	US$177.72k	0.036% $ 584.5k
Charles Anderson	Independent Director	14.3yrs	US$122.53k	0.56% $ 9.0m
C. Sparks	Independent Director	14.3yrs	US$181.01k	0.88% $ 14.2m
Maribess Miller	Independent Director	9.8yrs	US$139.40k	0.084% $ 1.3m
Michael Rafferty	Independent Director	9.8yrs	US$145.40k	0.16% $ 2.5m
Harrison Barnes	Independent Director	2.3yrs	US$120.90k	0.11% $ 1.8m

9.8yrs

Average Tenure

62yo

Average Age

Experienced Board: TFIN's board of directors are considered experienced (9.8 years average tenure).

Triumph Financial Management

Management criteria checks 4/4

Key information

Recent management updates

Triumph Financial, Inc., Annual General Meeting, Apr 23, 2024

Triumph Financial, Inc. Announces the Appointment of Michelle Holmes as Executive Vice President, Chief Marketing Officer

Executive VP notifies of intention to sell stock

Executive VP & COO recently sold US$929k worth of stock

Executive VP & COO notifies of intention to sell stock

Triumph Appoints Kim Fisk to Chief Operating Officer of Factoring Division

Recent updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Triumph Financial, Inc. to Report Q1, 2024 Results on Apr 17, 2024

Triumph Financial, Inc., Annual General Meeting, Apr 23, 2024

Triumph Financial, Inc. Announces the Appointment of Michelle Holmes as Executive Vice President, Chief Marketing Officer

Executive VP notifies of intention to sell stock

Executive VP & COO recently sold US$929k worth of stock

Executive VP & COO notifies of intention to sell stock

Triumph Appoints Kim Fisk to Chief Operating Officer of Factoring Division

Price target increased by 9.0% to US$70.20

Full year 2023 earnings: EPS misses analyst expectations

Price target increased by 7.2% to US$65.40

Triumph Financial, Inc. to Report Q4, 2023 Results on Jan 23, 2024

Founder recently sold US$1.8m worth of stock

Founder notifies of intention to sell stock

Executive VP notifies of intention to sell stock

Independent Chairman recently sold US$1.5m worth of stock

Independent Chairman notifies of intention to sell stock

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Triumph Financial, Inc. to Report Q3, 2023 Results on Oct 19, 2023

Price target increased by 9.1% to US$63.25

Founder notifies of intention to sell stock

Triumph Financial, Inc. Appoints Jason Heilig as Chief Technology Officer of Factoring Division

Consensus EPS estimates fall by 12%

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target increased by 8.3% to US$57.40

Triumph Financial, Inc. to Report Q2, 2023 Results on Jul 20, 2023

Now 20% undervalued

Triumph Financial, Inc.(NasdaqGS:TFIN) dropped from Russell 2000 Growth-Defensive Index

Investor sentiment improves as stock rises 17%

Price target decreased by 7.6% to US$54.17

Independent Chairman recently bought US$383k worth of stock

Triumph Financial, Inc. (NasdaqGS:TFIN) announces an Equity Buyback for $50 million worth of its shares.

Consensus EPS estimates fall by 14%

First quarter 2023 earnings: Revenues miss analyst expectations

Price target decreased by 7.5% to US$58.60

Independent Chairman recently bought US$2.6m worth of stock

Consensus EPS estimates fall by 13%

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Davis Deadman Joins Triumph Financial, Inc. Board of Directors

Triumph Financial, Inc. to Report Q4, 2022 Results on Jan 25, 2023

Now 22% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Triumph Appoints Tim Valdez as President of Factoring Division

Price target decreased to US$63.67

Investor sentiment improved over the past week

Triumph Bancorp, Inc. (NasdaqGS:TBK) announces an Equity Buyback for $100 million worth of its shares.

Third quarter 2022 earnings: Revenues miss analyst expectations

Triumph Bancorp Non-GAAP EPS of $0.62 misses by $0.18, revenue of $110.94M misses by $2.05M

Price target decreased to US$77.17

Triumph Bancorp, Inc. to Report Q3, 2022 Results on Oct 19, 2022

Founder recently sold US$180k worth of stock

Founder notifies of intention to sell stock

Consensus forecasts updated

Second quarter 2022 earnings: Revenues exceed analyst expectations

Price target decreased to US$96.14

Triumph Bancorp, Inc. to Report Q2, 2022 Results on Jul 20, 2022

Independent Director recently bought US$533k worth of stock

Triumph Bancorp, Inc. (NasdaqGS:TBK) announces an Equity Buyback for $75 million worth of its shares.

Independent Director recently bought US$201k worth of stock

Price target decreased to US$107

Consensus EPS estimates fall by 11%

Price target decreased to US$107

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Triumph Bancorp, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2022

Triumph Bancorp, Inc. Announces Executive Appointments

Triumph Bancorp, Inc. to Report Q1, 2022 Results on Apr 20, 2022

Investor sentiment deteriorated over the past week