Compounders Podcast

Building the Modern Payments Network for Truckers with Aaron Graft, Founder & CEO of Triumph Financial (NASDAQ: TFIN)


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Our guest on the show this week was Aaron Graft, the Founder, Vice Chairman and CEO of Triumph Financial. Just as the impacts of the Great Financial Crisis were waning, Aaron led a team of people who took over a failed bank to create Triumph. Aaron has been CEO since the beginning and has been instrumental in transforming the bank into a transportation-focused industry leader. Specifically, Aaron has helped turn what was a small factoring business into a high margin one that buys $1 billion in invoices from truckers every month. In recent years, Aaron has turned his focus to building a payments company that caters to all of the constituents in the trucking industry. In this fascinating discussion, we covered:

  • The benefits of having a bank structure despite Triumph not being a typical community bank;
  • How the company has built the factoring business over time and why it is so profitable;
  • The vision for Triumph Pay and the path to building it into something much larger; and
  • Why the company has been so aggressive in repurchasing its own shares
  • For full disclosure, Cove Street is NOT a Triumph Financial shareholder.

    And without any further ado, here is my conversation with Triumph’s Founder, Vice Chairman and CEO, Aaron Graft. For more information about Triumph Financial, please visit: https://www.tfin.com/

    This episode of Compounders: The Anatomy of a Multibagger is sponsored by Daloopa. Daloopa was founded by a former hedge fund analyst to bring simplicity to the investment process. Daloopa offers an AI-driven, single source for all company reported data, and allows for investment teams to make the most informed decisions in the shortest amount of time. For more information, please visit: https://daloopa.com/

    To get all the latest updates about the podcast, see who we’ll have on next, as well as watch the video version of the pod, please follow us on twitter at @BenClaremon and subscribe to the SNN Network YouTube Channel at www.youtube.com/snnwire.

    For more information about Cove Street Capital, please visit: https://covestreetcapital.com/

    iTunes: https://apple.co/3xlUvPY

    Spotify: https://spoti.fi/3jxkxLl

    Each new episode will be available every Tuesday morning on Apple, Spotify and all podcast streaming platforms.

    All opinions expressed by your hosts and the podcast guests are solely their own opinions and do not reflect the opinion of Cove Street Capital or any affiliates. This podcast is for informational purposes only, it is not investment advice, and should not be relied upon for any investment decisions. We are not recommending the purchase or sale of any securities. The hosts and guests may be beneficial owners of the securities discussed. You should not assume that the securities discussed are or will be profitable.

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    Compounders PodcastBy Ben Claremon & SNN Network

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