Triumph Financial, Inc.

All right.

With Aaron, he is the founder and vice chairman and CEO of Triumph Financial.

We're talking all about earnings with Aaron.

So we're going to have Aaron first, and then Mike is going to be second.

The company's truckload unit posted an 89.2% adjusted operating ratio, a massive 700 basis point improvement year over year, while loaded miles per tractor notched an eighth consecutive quarterly increase.

CEO Adam Miller emphasized that momentum is building as rates continue to reset and seasonal spot opportunities emerge at levels not seen in recent years.

Over in the fintech sector, Triumph Financial's CEO is taking what looks like a well-earned victory lap after years of heavy investment.

Aaron Graff's quarterly shareholder letter highlighted third quarter results that featured arrows pointing up across nearly every key metric, validating the company's multi-year strategy to build a comprehensive financial services infrastructure for the trucking industry.

... continue to go through earnings season.

Tomorrow, we continue our Wall to Wall earnings coverage with the Cass CFO, Mike Normile, and Aaron Graft, who's the founder and vice chairman and CEO of Triumph Financial.

And then next week we'll have Fritz Holtzgrabe, the president and CEO at Saia, and Michael Baumgart, the EVP of Intermodal and Logistics at Schneider.

So we will continue to cover earnings as they come out and we learn more about how everyone performed in the third quarter.

Me and Zach.

Julie will not be here, but Zach Strickland will be here.

Tomorrow we continue our wall-to-wall earnings coverage with Cassie Fo, Mike Nomau, and then also Aaron Gaff, the founder, vice chairman, and CEO of Triumph Financial.

And next week we have Fritz Holscriff, of course the president and CEO of Sia, and Michael Bumgard.

I'm trying to think of anybody particularly interesting.

I'm doing Triumph Financial today.

You know, they always, they're, Their data is kind of quirky, but it's sort of an indicator of how things are going out there.

So I'm looking at that.

So, uh, very-- and then you can kind of see a chart of these banks here.

Uh, highest price to tangible book value, Esquire Financial Holdings right here, uh, Bank FirstCorp, JPMorgan Chase, City Holding, Pathway, PathWard, PathWard Financial, uh, The Bank Corp, Community Financial Systems, Triumph Financial, First Financial Bank Shares, and Nicolette Bank Shares.

Now, the lowest price to tangible book values, BCB Bank Corp, First Northwest Bank Corp, First Internet Bank Corp, uh, Flagstar Bank, AmeriServ Financial, First Guarantee Bank Shares, Eagle Bank Corp, Fifth District Bank Corp, uh, Hoy- Horn- Hoyne, Hoyne Bank Corp, and FinWise Bank Corp.

So very interesting.

Clearhaven Capital has been calling other investors, urging them to coordinate legal strategies.

Triumph Financial, a Dallas-based bank, reportedly sent employees to tricolour dealerships to repossess vehicles that were pledged as collateral.

It is unclear, based on the news reports, if they sent lawyers or tow truck drivers, possibly both.

because you'd probably need both.