STOCK BASED COMPENSATION (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Changes in Company's Nonvested Restricted Stock Units |
A summary of changes in the Company’s nonvested Restricted Stock Units (“RSUs”) under the Omnibus Incentive Plan for the six months ended June 30, 2026 were as follows: | | | | | | | | | | | | | | | | Nonvested RSUs | | Shares | | Weighted-Average
Grant-Date
Fair Value | | Nonvested at January 1, 2026 | | 198,757 | | | $ | 59.96 | | | Granted | | 77,974 | | | 67.55 | | | Vested | | (73,702) | | | 63.63 | | | Forfeited | | (3,010) | | | 63.50 | | | Nonvested at June 30, 2026 | | 200,019 | | | $ | 61.51 | |
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| Schedule of Changes in Company's Nonvested Performance Stock Units |
A summary of changes in the Company’s nonvested Market Based Performance Stock Units (“Market Based PSUs”) under the Omnibus Incentive Plan for the six months ended June 30, 2026 were as follows: | | | | | | | | | | | | | | | | Nonvested Market Based PSUs | | Shares | | Weighted-Average
Grant-Date
Fair Value | | Nonvested at January 1, 2026 | | 245,423 | | | $ | 93.82 | | | Granted | | 90,689 | | | 121.27 | | | Performance adjustment | | (22,452) | | | — | | | Vested | | (49,855) | | | 81.95 | | | Forfeited | | (2,903) | | | 103.09 | | | Nonvested at June 30, 2026 | | 260,902 | | | $ | 107.60 | |
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| Schedule of Fair Value of Market Based Performance Stock Units, Weighted Average Assumptions |
The fair value of the Market Based PSUs granted was determined using the following weighted-average assumptions: | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | | | | 2026 | | 2025 | | | | Grant date | | May 1, 2026 | | May 1, 2025 | | | | Performance period | | 3.00 years | | 3.00 years | | | | Stock price | | $ | 67.55 | | | $ | 54.38 | | | | | Triumph Financial stock price volatility | | 42.48 | % | | 42.22 | % | | | | Risk-free rate | | 3.84 | % | | 3.62 | % | | |
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| Schedule of Changes in Company's Stock Options |
A summary of the changes in the Company’s stock options under the Omnibus Incentive Plan for the six months ended June 30, 2026 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Stock Options | | Shares | | Weighted-Average
Exercise Price | | Weighted-Average
Remaining
Contractual Term
(In Years) | | Aggregate
Intrinsic Value
(In Thousands) | | Outstanding at January 1, 2026 | | 328,197 | | | $ | 50.73 | | | | | | | Granted | | 68,894 | | | 67.55 | | | | | | | Exercised | | (24,076) | | | 15.87 | | | | | | | Forfeited | | — | | | — | | | | | | | Expired | | — | | | — | | | | | | | Outstanding at June 30, 2026 | | 373,015 | | | $ | 56.08 | | | 6.82 | | $ | 7,754 | | | | | | | | | | | | Fully vested shares and shares expected to vest at June 30, 2026 | | 373,015 | | | $ | 56.08 | | | 6.82 | | $ | 7,754 | | | | | | | | | | | | Shares exercisable at June 30, 2026 | | 202,644 | | | $ | 51.46 | | | 5.00 | | $ | 5,245 | |
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| Schedule of Information Related to Stock Options |
Information related to the stock options for the six months ended June 30, 2026 and 2025 was as follows: | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | (Dollars in thousands, except per share amounts) | | 2026 | | 2025 | | Aggregate intrinsic value of options exercised | | $ | 998 | | | $ | 14 | | | Cash received from option exercises, net | | (211) | | | 25 | | | Tax benefit realized from option exercises | | 210 | | | 3 | | | Weighted average fair value per share of options granted | | $ | 36.42 | | | $ | 28.35 | |
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| Schedule of Fair Value of Stock Options Granted Weighted-Average Assumptions |
The fair value of the stock options granted was determined using the following weighted-average assumptions: | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | | 2026 | | 2025 | | Risk-free interest rate | | 4.07 | % | | 3.88 | % | | Expected term | | 6.25 years | | 6.25 years | | Expected stock price volatility | | 50.55 | % | | 48.48 | % | | Dividend yield | | — | | | — | |
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