Triumph Financial, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $25.4M | $16.1M | $41.1M | $102.3M | $113.0M | $64.0M | $58.5M | $51.7M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $14.9M | $15.5M | $13.8M | $13.3M | $12.0M | $10.7M | $8.1M | $5.7M |
| Amortization | $11.6M | $12.0M | $11.5M | $11.9M | $10.9M | $8.3M | $9.1M | $7.0M |
| Stock-Based Compensation | $14.0M | $14.5M | $13.2M | $21.2M | $20.3M | $4.6M | $3.7M | $2.7M |
| Net Cash from Operating Activities | $67.1M | $58.5M | $60.0M | $80.8M | $137.0M | $97.3M | $72.5M | $73.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $137.4M | $10.0M | $0 | $0 | $96.9M | $108.4M | $0 | $141.9M |
| Net Cash from Investing Activities | $-525.5M | $-590.0M | $-129.5M | $666.1M | $77.7M | $-774.7M | $-520.4M | $-268.3M |
| Financing Activities | ||||||||
| Dividends Paid | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $1.7M | — | — |
| Stock Repurchases | $2.2M | $3.3M | $81.6M | $76.7M | $1.2M | $35.8M | $64.5M | $398.0K |
| Net Cash from Financing Activities | $376.8M | $574.9M | $-52.1M | $-721.9M | $-145.8M | $793.9M | $410.9M | $295.3M |
| Net Change in Cash | $-81.6M | $43.5M | $-121.5M | $25.0M | $68.8M | $116.5M | $-37.1M | $100.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |