The main result of this article is to factorize the first (σ, τ)-cohomology group of triangular Banach algebra 𝓣 of order three with coefficients in 𝓣 -bimodule 𝓧 to the first (σ, τ)-cohomology groups of Banach algbras 𝓐, 𝓑 and 𝓒, where σ, τ are continuous homomorphisms on 𝓣. As a direct consequence, we find necessary and sufficient conditions for 𝓣 to be (σ, τ)-weakly amenable.