UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q PATHWARD FINANCIAL, INC. (Exact name of registrant as specified in its charter) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 42-1406262 For the quarterly period ended March 31, 2025 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Distribution Announcement - Argent Trust Company declared a cash distribution of $0.584110 per unit for the Sabine Royalty Trust, payable on September 29, 2025, to unit holders of record on September 15, 2025 [1] Production and Revenue Details - The distribution reflects oil production for June 2025 and gas production for May 2025, with preliminary production volumes of approximately 97,403 barrels of oil and 1,181,086 Mcf of gas [2] - Preliminary prices for the current month are approximately $68.79 per barrel of oil and $2.40 per Mcf of gas [2] - This month's distribution is lower than the previous month due to a decrease in oil and natural gas production, as well as a decrease in pricing [3] Comparative Analysis - Current month production and pricing compared to the prior month: - Oil volumes decreased from 121,894 barrels to 97,403 barrels - Gas volumes decreased from 1,280,573 Mcf to 1,181,086 Mcf - Average oil price decreased from $69.53 to $68.79 per barrel - Average gas price decreased from $2.77 to $2.40 per Mcf [3] Revenue Posting Information - Revenues are distributed after being received, verified, and posted, with most energy companies issuing royalty payments around the 25th of each month [4] - Approximately $498,000 of revenue received in August will be posted in September, in addition to normal cash receipts [5]

Core Viewpoint - Argent Trust Company declared a cash distribution of $0.016418 per unit for the Permian Basin Royalty Trust, with the distribution date set for September 15, 2025, and record date on August 29, 2025. The distribution does not include proceeds from the Waddell Ranch properties due to production costs exceeding gross proceeds for July 2025 [1][4]. Distribution Summary - The current month's distribution increased compared to the previous month, primarily due to higher natural oil volumes from Texas Royalty Properties, although this was partially offset by lower natural gas volumes and decreased oil and gas pricing [2]. - The total production for Texas Royalty Properties was 16,672 barrels of oil and 9,952 Mcf of gas, with the Trust's allocated portion being 14,645 barrels of oil and 8,742 Mcf of gas. The average prices were $62.02 per barrel for oil and $7.53 per Mcf for gas, leading to revenues of $1,109,052 after deducting taxes and expenses [5][6]. Waddell Ranch Properties - Blackbeard Operating, LLC has not provided necessary information for calculating net profits interest (NPI) proceeds for August 2025, which affects the distribution. If NPI proceeds are received by the record date, they will be included in the September distribution [3][4]. - All excess costs from the Waddell Ranch properties must be recovered through future proceeds before any distributions can be made to the Trust. Blackbeard is now providing production, pricing, and cost information quarterly instead of monthly [4][8]. Legal Matters - The Trustee has filed a lawsuit against Blackbeard for over $9 million in damages, alleging improper calculations and deductions related to royalties owed to the Trust. The trial is scheduled for November 17, 2025 [10][11].

Dividend Announcement - Old Republic International Corporation declared a regular quarterly cash dividend of 29 cents per share, payable on September 15, 2025, to shareholders of record on September 5, 2025 [1] - The full year's cash dividend is projected to be $1.16 per share, representing a 9.4% increase from the $1.06 per share paid in 2024 [1] Dividend History - 2025 marks the 44th consecutive year that Old Republic has increased its regular cash dividend [2] - The company has maintained uninterrupted regular cash dividend payments for 84 years [2] Company Overview - Old Republic is a leading specialty insurer with diverse property & casualty and title insurance companies [3] - Founded in 1923 and a member of the Fortune 500, the company excels in underwriting and risk management services across the United States and Canada [3] - The specialized operating companies within Old Republic provide tailored solutions that distinguish the company in the market [3]

分组1 - Pathward Financial reported quarterly earnings of $1.81 per share, exceeding the Zacks Consensus Estimate of $1.57 per share, and showing an increase from $1.66 per share a year ago, resulting in an earnings surprise of +15.29% [1] - The company achieved revenues of $195.76 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.08%, and up from $176.73 million year-over-year [2] - Pathward has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] 分组2 - The stock has gained approximately 9% since the beginning of the year, compared to the S&P 500's gain of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $1.62 on revenues of $183.3 million, and for the current fiscal year, it is $7.60 on revenues of $791 million [7] - The Zacks Industry Rank for Banks - Northeast, to which Pathward belongs, is currently in the top 15% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]

Core Viewpoint - First Quantum Minerals Ltd. is extending the Tender Offer for its outstanding 6.875% Senior Notes due 2027, with new deadlines set for various key dates in the process [1][2]. Group 1: Tender Offer Details - The Price Determination Date has been extended to August 18, 2025, and the Expiration Date is now also August 18, 2025 [1]. - The Guaranteed Delivery Date is extended to August 20, 2025, and the expected Settlement Date is now August 21, 2025 [1]. - Holders of the Notes will receive a cash amount equal to accrued and unpaid interest from the last interest payment date up to the Settlement Date [2]. Group 2: Purpose and Financing - The Tender Offer aims to acquire all outstanding Notes as part of a refinancing transaction, with the expectation to issue new senior notes (New Notes) [6]. - Proceeds from the New Notes are intended to be used to purchase Notes in the Tender Offer and redeem any Notes not tendered [6]. - The Company intends to redeem any Notes not validly tendered after October 15, 2025, subject to certain conditions [7][8]. Group 3: Conditions and Amendments - The completion of the Tender Offer is contingent upon the successful issuance of New Notes and satisfaction of specific financing conditions [10]. - The Company reserves the right to amend or waive conditions of the Tender Offer at any time [11]. - If 90% of the outstanding Notes are tendered, the Company may redeem all remaining Notes at the offered price [9].

Core Points - First Quantum Minerals Ltd. has initiated a cash tender offer for its outstanding 9.375% Senior Secured Second Lien Notes due 2029, with a maximum aggregate principal amount of up to $250 million [1][3] - The company has successfully priced and upsized a concurrent offering of $1 billion aggregate principal amount of senior notes due 2034, with part of the proceeds intended for the tender offer [2] Tender Offer Details - The tender offer will expire at 5:00 PM, New York City time, on September 3, 2025, with an early tender time set for August 19, 2025 [3] - Holders who tender their notes by the early tender time will receive a total consideration of $1,066.25 per $1,000 principal amount, which includes a $50 early tender premium [3][4] - After the early tender time, holders will receive $1,016.25 per $1,000 principal amount of notes tendered [3][4] Financial Information - The maximum tender amount is set at $250 million, which does not include accrued interest [5][7] - Notes purchased in the tender offer will also include accrued and unpaid interest from the last payment date to the settlement date [6] - The tender offer is not conditioned on a minimum amount of notes being tendered but may be subject to proration if the total tendered exceeds the maximum amount [7] Conditions and Settlement - The consummation of the tender offer is subject to certain conditions, including the successful pricing and closing of the new notes offering [8] - Early settlement for notes tendered by the early tender time is expected to occur two business days after that time, while final settlement for notes tendered after the early tender time is expected two business days after the expiration time [9]

Core Viewpoint - First Quantum Minerals Ltd. has initiated a cash tender offer to purchase all outstanding 6.875% Senior Notes due 2027, with the offer set to expire on August 12, 2025 [1][2]. Tender Offer Details - The tender offer will expire at 5:00 PM New York City time on August 12, 2025, and the consideration for each $1,000 principal amount of notes tendered will be calculated based on a fixed spread plus the yield of a specified U.S. Treasury Reference Security [2]. - Holders who validly tender their notes will receive a cash amount equal to accrued and unpaid interest from the last interest payment date up to the Settlement Date [2][3]. - Notes can be withdrawn at any time prior to the Expiration Date, and any accepted notes will be canceled upon completion of the tender offer [3]. Financial Strategy - The purpose of the tender offer is part of a refinancing transaction, where the company expects to issue new senior notes to fund the purchase of the existing notes and redeem any not tendered [6]. - The company intends to redeem any notes not validly tendered on or after October 15, 2025, at a redemption price of 100.000% plus accrued interest [7]. - If at least 90% of the outstanding notes are tendered, all remaining holders will be deemed to have consented to the tender offer, allowing the company to redeem all remaining notes [8]. Conditions and Amendments - The tender offer is subject to the successful completion of the new notes issuance and other conditions outlined in the Offer to Purchase [9]. - The company reserves the right to amend or waive any conditions of the tender offer, extend the expiration date, or modify the terms of the offer [10].

Distribution Announcement - Argent Trust Company declared a cash distribution of $0.744730 per unit for the Sabine Royalty Trust, payable on August 29, 2025, to unit holders of record on August 15, 2025 [1] Production and Revenue Details - The distribution reflects oil production for May 2025 and gas production for April 2025, with preliminary production volumes of approximately 121,894 barrels of oil and 1,280,573 Mcf of gas [2] - Preliminary prices for the current month are approximately $69.53 per barrel of oil and $2.77 per Mcf of gas, showing an increase in both production and pricing compared to the previous month [2][3] - The current month's oil production increased significantly from 42,748 barrels in the prior month, while gas production also rose from 940,600 Mcf [3] Revenue Posting and Timing - Revenues are distributed only after being received, verified, and posted, with most energy companies issuing royalty payments around the 25th of each month [4] - Approximately $4,782,450 of revenue received in July will be posted in August, in addition to normal cash receipts for that month [5]

Core Viewpoint - Agnico Eagle Mines Limited reported strong financial and operational results for Q2 2025, highlighting record free cash flow and disciplined capital allocation, while maintaining a focus on growth projects and shareholder returns [2][3]. Financial Performance - The company achieved a quarterly net income of $1,069 million, or $2.13 per share, and record adjusted net income of $976 million, or $1.94 per share [3][19]. - Free cash flow reached a record $1,305 million, or $2.60 per share, with cash provided by operating activities amounting to $1,845 million, or $3.67 per share [3][19]. - The realized gold price increased to $3,288 per ounce, compared to $2,342 in the prior year [19]. Production and Cost Metrics - Payable gold production for Q2 2025 was 866,029 ounces, with production costs per ounce at $911, total cash costs at $933, and all-in sustaining costs (AISC) at $1,289 [3][11]. - The company achieved approximately 51% of its full-year gold production guidance at mid-year, with total cash costs per ounce below the mid-point of guidance [3][32]. Capital Allocation and Shareholder Returns - The company returned approximately $300 million to shareholders through dividends and share repurchases, declaring a quarterly dividend of $0.40 per share [2][44]. - A total of 836,488 common shares were repurchased at an average price of $119.47, with a renewed normal course issuer bid allowing for up to $1 billion in share repurchases [2][47]. Balance Sheet Strengthening - Agnico Eagle transitioned to a net cash position of $963 million as of June 30, 2025, with cash and cash equivalents increasing by $419 million and long-term debt reduced by $550 million [3][39]. - The company repaid $40 million of senior notes and redeemed $510 million of long-term debt, demonstrating a commitment to financial discipline [3][37]. Key Growth Projects - Development at Canadian Malartic reached a record of 4,850 meters, with significant progress on the ramp and preparations for initial production in the second half of 2026 [3][49]. - Exploration drilling at Detour Lake focused on high-grade domains, with significant intercepts reported, further defining the mineralization model [3][63]. 2025 Guidance - The company reiterated its full-year gold production guidance of 3.3 to 3.5 million ounces, with total cash costs per ounce and AISC remaining unchanged [3][33].