Core Viewpoint - Pathward Financial (CASH) reported quarterly earnings of $3.11 per share, exceeding the Zacks Consensus Estimate of $2.71 per share, and showing an increase from $2.56 per share a year ago, indicating a strong performance in the recent quarter [1][2] Financial Performance - The company achieved revenues of $262.87 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.24% and up from $247.25 million year-over-year [2] - Pathward has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Stock Performance - Pathward shares have declined approximately 4.4% since the beginning of the year, while the S&P 500 has seen a decline of 12.3%, indicating relative outperformance [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at $1.82 for the coming quarter and $7.55 for the current fiscal year [4][7] - The estimate revisions trend for Pathward is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Banks - Northeast industry, to which Pathward belongs, is currently ranked in the top 25% of over 250 Zacks industries, indicating a favorable industry outlook [8]

Financial Data and Key Metrics Changes - The company reported earnings of $3.11 per share for the quarter, representing a year-over-year growth of 21% and net income of $74.3 million [7] - Non-interest income increased by 7% and net interest income grew by 5% compared to the same quarter last year [7] - The net interest margin for the quarter was 6.5%, up from 6.23% in the prior year period, with an adjusted net interest margin expanding by 33 basis points [15] Business Line Data and Key Metrics Changes - Tax services revenues reached $85 million, a growth of 17% year-over-year, driven by a 13% increase in non-interest income related to refund transfer and refund advance products [10] - Pre-tax income for tax services grew by 29% to $47.6 million, indicating stable growth and solid results [11] - Loans and leases increased to $4.5 billion, a slight rise from $4.4 billion last year, representing a 15% growth year-over-year when excluding insurance premium finance loans [18] Market Data and Key Metrics Changes - The company operated with over 42,000 independent tax offices, setting a new record [9] - Deposits held on the company's balance sheet declined from the previous year, with custodial deposits at partner banks at $1.1 billion, down from $1.2 billion [17] Company Strategy and Development Direction - The company is focused on balance sheet optimization, allowing it to generate revenue without needing to grow its balance sheet [6] - A strategic partnership was established to support renewable energy loan growth, which is expected to enhance growth within the renewable energy initiative [12] - The company aims to continue growing non-interest income, which now represents 45% of total revenue [7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing a strong tax season and healthy business performance [6] - There are no signs of economic slowdown in the portfolio, with performance metrics remaining within historical ranges [19] - The fiscal year 2025 EPS guidance was revised to a range of $7.4 to $7.8, reflecting confidence in continued performance [20] Other Important Information - The company repurchased approximately 576,000 shares at an average price of $78.11, bringing year-to-date repurchases to nearly 1.3 million shares [20] - The allowance for credit losses, excluding seasonal tax service lending, was 101 basis points, with an annualized net charge-off rate of 61 basis points [19] Q&A Session Summary Question: How does the company view the scalability of the tax business going forward? - Management noted that operational effectiveness and market share penetration have improved, and while growth may not be as rapid as this year, they remain positive about the tax business [23][24] Question: What are the thoughts on the commercial finance business given the macro environment? - Management acknowledged uncertainty but reported no deterioration in credit quality, indicating optimism for growth as higher quality companies may seek their services [25][28] Question: Will the company consider accelerating the buyback program? - Management indicated that they plan to maintain buybacks at current levels while targeting a Tier one leverage ratio closer to 10% [30][32][33] Question: Has there been any change in activity since Liberation Day? - Management reported no measurable change in activity, emphasizing that their business primarily serves essential needs [40] Question: Can you provide more details on the new partnership for loan origination? - The partnership focuses on online consumer term loans, with a strong emphasis on monitoring credit exposure and underwriting models [41][42]

Financial Data and Key Metrics Changes - The company reported earnings of $3.11 per share for the March quarter, representing year-over-year growth of 21% and net income of $74.3 million [9] - Non-interest income increased by 7% and net interest income grew by 5% compared to the same quarter last year [9] - The net interest margin increased to 6.50% from 6.23% in the prior year period, with an adjusted net interest margin expanding by 33 basis points [21] Business Line Data and Key Metrics Changes - Non-interest income related to refund transfer products and refund advance products increased by 13% each, with total tax services revenues reaching $85 million, a growth of 17% year-over-year [13] - Pre-tax income for tax services grew by 29% to $47.6 million, indicating stable growth and solid results in this segment [14] - Loans and leases increased to $4.5 billion, a slight increase from $4.4 billion last year, representing a 15% growth when excluding insurance premium finance loans from the prior year [26] Market Data and Key Metrics Changes - The company operated with over 42,000 independent tax offices, a new record, contributing to strong performance during the tax season [12] - Deposits held on the company's balance sheet declined from a year ago, with custodial deposits at partner banks at $1.1 billion, down from $1.2 billion [25] Company Strategy and Development Direction - The company is focused on balance sheet optimization, allowing it to generate revenue without needing to grow its balance sheet [8] - A strategic partnership was established to support renewable energy loan growth, which is expected to accelerate growth within this initiative [15] - The company aims to be a trusted platform for partners, enhancing its capabilities to provide tailored solutions [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the tax business continuing to perform well, although growth may not be as rapid as in the current year [35] - The company is not seeing any deterioration in credit quality and anticipates that economic downturns may actually benefit its working capital group [40] - The fiscal year 2025 EPS guidance was revised to a range of $7.40 to $7.80, reflecting confidence in continued performance [29] Other Important Information - The company repurchased approximately 576,000 shares at an average price of $78.11, bringing year-to-date repurchases to almost 1.3 million shares [29] - Liquidity remains strong with almost $3.9 billion available, higher than the previous year [28] Q&A Session Summary Question: Future of the tax business and market share growth - Management indicated that operational effectiveness and market share penetration have improved, with expectations of continued performance but possibly slower growth [35] Question: Commercial finance business outlook amid macro uncertainty - Management noted no deterioration in credit quality and expressed optimism about the working capital group's performance during downturns [40] Question: Capital return strategy and buyback program - Management plans to maintain buybacks at a level of 80% to 90% for the remainder of the year while targeting a tier one leverage ratio closer to 10% [46] Question: Changes in activity since economic shifts - Management reported no measurable changes in consumer behavior, as the business primarily serves essential needs [50] Question: New partnership for loan origination - Management provided details on a new partnership focusing on online consumer term loans, emphasizing careful monitoring of credit exposure [53] Question: Margin outlook and potential rate cuts - Management explained that while rate cuts could have an impact, the company is well-positioned to manage its balance sheet effectively [62] Question: Opportunities from market disruptions - Management noted that the current market dynamics are creating opportunities, allowing the company to be selective in pursuing new programs or portfolios [65]

Exhibit 99.1 PATHWARD FINANCIAL, INC. ANNOUNCES RESULTS FOR 2025 FISCAL SECOND QUARTER Sioux Falls, S.D., April 22, 2025 - Pathward Financial, Inc. ("Pathward Financial" or the "Company") (Nasdaq: CASH) reported net income of $74.3 million, or $3.11 per share, for the three months ended March 31, 2025, compared to net income of $65.3 million, or $2.56 per share, for the three months ended March 31, 2024. CEO Brett Pharr said, "At the halfway point for the fiscal year, our businesses are healthy, and we are ...

Core Points - Argent Trust Company declared a cash distribution of $0.019615 per unit for the Permian Basin Royalty Trust, payable on May 14, 2025, to unit holders of record on April 30, 2025 [1] - The distribution increased slightly from the previous month due to higher oil volumes and prices from Texas Royalty Properties, despite lower natural gas volumes [2] - The Waddell Ranch properties did not contribute to the distribution as production costs exceeded gross proceeds for March 2025 [1][4] Waddell Ranch Properties - Blackbeard, the operator of the Waddell Ranch properties, has not provided necessary information for calculating net profits interest (NPI) proceeds for April 2025, affecting the distribution [3] - No proceeds were received from the Waddell Ranch properties in March 2025, and all excess costs must be recovered from future proceeds before any distribution can occur [4] - Blackbeard is now providing production, pricing, and cost information quarterly instead of monthly, impacting the reporting schedule for the Trust [4] Texas Royalty Properties - Production from Texas Royalty Properties was 17,157 barrels of oil and 10,093 Mcf of gas, with the Trust's allocated portion being 15,292 barrels of oil and 8,991 Mcf of gas [5] - The average price for oil was $71.97 per barrel and for gas was $11.54 per Mcf, leading to revenues of $1,351,295 after deducting taxes and expenses [5] - The net profit for April from Texas Royalty Properties was $1,203,830, contributing $1,143,639 to the current month's distribution [5] Financial Summary - General and administrative expenses for the month were $229,374, resulting in a total distribution of $914,265 to 46,608,796 units outstanding [8] - The distribution per unit is $0.019615, reflecting the financial performance of the Trust for the month [8] Legal Matters - The Trustee has initiated a lawsuit against Blackbeard for over $15 million in damages related to alleged improper deductions from royalty payments [10][11] - The trial is scheduled for November 17, 2025, with ongoing discovery and audits of the Waddell Ranch properties [10] - The lawsuit includes claims for additional damages exceeding $25 million related to audits from 2023 [11]

DALLAS, April 17, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.032110 per unit, payable on May 14, 2025, to unitholders of record on April 30, 2025. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. Underlying Sales Volumes (a)  Average Price ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Pathward Financial, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Pathward Financial is expected to report quarterly earnings of $2.71 per share, reflecting a +5.9% change year-over-year, with revenues projected at $257.11 million, up 4% from the previous year [3]. - The earnings report is scheduled for April 22, 2025, and could influence stock movement based on whether results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised 1.89% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, suggesting no recent differing analyst views [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [7][8]. - Pathward's current Zacks Rank is 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - Pathward has a history of beating consensus EPS estimates, having done so in the last four quarters, including a +13.16% surprise in the last reported quarter [12][13]. Conclusion - While Pathward does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [16].

Core Viewpoint - Sigma Lithium Corporation has successfully completed the first quarter of 2025, achieving production volumes of 68,000 tonnes of Quintuple Zero Green Lithium, meeting its production targets and expecting to continue this trend throughout the year [1][4][5]. Production and Sales Performance - In the week of April 7, 2025, Sigma Lithium will load 29,000 tonnes of Quintuple Zero Green Lithium, fully sold to International Resource Holdings, bringing total shipments to 76,000 tonnes for the quarter [2]. - The company has demonstrated strong production and sales performance, maintaining operational efficiency and low-cost positioning, which is crucial for navigating the current lithium price environment [3][5]. Financial Outlook - Sigma Lithium expects to generate consistent cash flows and maintain healthy margins, with all-in sustaining costs (ASIC) aligning with guidance [3]. - The company's cost structure supports cash flows with every ton sold, enhancing liquidity stability [5]. Production Capacity and Sustainability - Sigma Lithium operates one of the largest lithium production sites globally, with an annual production capacity of 270,000 tonnes of lithium oxide concentrate, and is constructing a second plant to double this capacity to 520,000 tonnes [6][7]. - The company is committed to environmental and social sustainability, producing net-zero carbon lithium with no dirty power, potable water, toxic chemicals, or tailings dams [6].

Company Overview - GoodPeak is a rapidly growing utility-scale battery energy storage and solar platform focused on developing, building, owning, and operating assets in high-value, capacity-constrained locations with advantaged economics [3][6] - The company is backed by a deep network of industry leaders, including prominent founders, executives, investors, family offices, and advisors in the power and renewables sector [3][6] Recent Developments - GoodPeak announced the closing of construction credit facilities with Pathward®, N.A. and BridgePeak Energy Capital, enabling the commencement of construction of its first two 10-MW (2-hour duration) energy storage projects near Houston, Texas, which are expected to come online at the end of 2025 [1][5] - The company anticipates significant expansion in 2025 and beyond, with plans to diversify its development pipeline to include larger projects, integrated power generation, and data center development opportunities [2] Strategic Appointments - GoodPeak appointed PJ Fielding and Dana Frix to its Board of Directors, bringing deep expertise in infrastructure, renewables, private equity, regulatory strategy, and development to guide the company's expansion efforts [4] Financial Backing - The company secured $22 million in construction debt financing from Pathward and BridgePeak, along with growth equity investment from strategic investor Current Equity Partners [7][8] - Current Equity Partners aims to support the infrastructure build-out of the new digital economy, leveraging decades of combined experience in asset management and private equity [8] Industry Impact - GoodPeak's projects are designed to enhance grid reliability, support renewable energy integration, and strengthen the Texas energy infrastructure, addressing the challenges posed by increasing electricity demand driven by AI and data centers [5][6]

Core Insights - April is designated as National Financial Literacy Month, emphasizing the importance of financial education and healthy financial habits in a technology-driven landscape [1][2] - A survey by Spruce reveals a generational shift in financial education, with younger consumers, especially Gen Z, increasingly relying on social media for financial tips, while older generations prefer traditional sources [2][4] Group 1: Financial Education Trends - Nearly 70% of Gen Z are influenced by financial trends on social media, indicating a willingness to improve financial knowledge but highlighting the challenge of discerning valid information [3][9] - Traditional sources of financial education, such as family and banking institutions, remain prevalent, with 31% of respondents citing family and 29% citing banks as primary sources [8] - Only 13% of respondents reported learning about personal finance in school, indicating a significant gap in formal financial education [8] Group 2: Impact of Social Media - 16% of all respondents look to social media for financial education, with platforms like TikTok (39%) and Instagram (34%) being the most popular among Gen Z [6][8] - Viral financial trends, such as soft saving and cash stuffing, have influenced 37% of respondents to try finance trends discovered online [5][9] - The influence of social media on financial behavior varies by generation, with 68% of Gen Z, 51% of Millennials, and 27% of Gen X reporting being inspired by social media finance trends [9] Group 3: Digital Tools and Financial Management - Online financial tools and apps are essential for money management, particularly among Millennials and Gen Z, with 38% using them for credit score monitoring and 29% for budgeting [10][11] - 66% of Gen Z express low confidence in making major financial decisions without digital assistance, underscoring the growing reliance on technology for financial management [11] - The survey indicates that 70% of American households are striving for financial health, emphasizing the need for accessible financial resources [12]