Financial Performance - Net income for Q4 2025 was $106.8 million, or $1.97 per share, on total net revenues of $538.0 million[2]. - Full-year 2025 net income was $501.1 million, a 61% increase from $311.4 million in 2024, with a return on equity of 12%[5]. - Total net revenue for 2025 was $2.0 billion, up 25% from $1.6 billion in 2024[5]. - Net income for the quarter ended December 31, 2025, was $106,831 thousand, a decrease of 41.1% compared to $181,503 thousand in the previous quarter[35]. - Basic earnings per share for the quarter was $2.05, down from $3.51 in the previous quarter, indicating a decline of 41.7%[35]. Loan Activity - Total loan acquisitions and originations reached $42.2 billion in unpaid principal balance (UPB), up 16% from the prior quarter and 18% year-over-year[3]. - PFSI's production of newly originated loans in 2025 totaled $145 billion in UPB, maintaining its position as a top lender in the nation[29]. - Total locks, including those for PMT, were $46.8 billion in UPB, up 8% from the prior quarter and 29% from Q4 2024[3]. - Loan origination fees for the quarter increased to $68,437 thousand, up from $61,696 thousand in the previous quarter, marking an increase of 12.4%[35]. Servicing Portfolio - Servicing portfolio grew to $733.6 billion in UPB, up 2% from Q3 2025 and 10% from Q4 2024[5]. - As of December 31, 2025, PFSI's total loans serviced amounted to $733.6 billion, an increase from $665.8 billion in the fourth quarter of 2024[17]. - Revenue from net loan servicing fees totaled $149.8 million, down from $241.2 million in the prior quarter and $189.3 million in Q4 2024[18]. Income Segments - Production segment pretax income was $127.3 million, up 4% from the prior quarter and 63% from Q4 2024[3]. - The servicing segment pretax income was $37.3 million, down from $157.4 million in the prior quarter[3]. - The servicing segment pretax income was $37.3 million, a significant decrease from $157.4 million in the prior quarter and $87.3 million in Q4 2024[17]. Expenses and Liabilities - Total expenses for the company were $403.6 million, up from $396.5 million in the prior quarter due to higher expenses in both production and servicing segments[26]. - Total expenses for the quarter were $403,600 thousand, an increase from $396,524 thousand in the previous quarter, reflecting a 1.7% rise[35]. - Total liabilities rose to $25,079,713 thousand as of December 31, 2025, compared to $21,193,234 thousand in the previous quarter, reflecting a 18.4% increase[33]. Assets and Equity - Total assets increased to $29,388,689 thousand as of December 31, 2025, up from $25,401,120 thousand in the previous quarter, representing a 11.6% increase[33]. - Average PMT shareholders' equity was $1.8 billion for Q4 2025, unchanged from Q3 2025 and slightly down from Q4 2024[24]. - Retained earnings increased to $4,212,101 thousand as of December 31, 2025, compared to $4,121,201 thousand in the previous quarter[33]. Interest and Tax - Net interest expense increased to $19.2 million compared to $15.1 million in the prior quarter and $19.5 million in Q4 2024[20]. - The effective tax rate for the company was 20.5 percent, with a future expected tax provision rate of 25.1 percent[27]. Other Financial Activities - Issued $2.35 billion of unsecured senior notes with maturities ranging from 2032 to 2034[5]. - The company completed the sale of an MSR portfolio totaling $24.4 billion in UPB[5]. - The company recorded net valuation-related gains of $1.0 million, consisting of MSR fair value gains of $40.4 million and hedging losses of $39.4 million[18].

Exhibit 99.1 Apple reports first quarter results All-time records for total company revenue and EPS iPhone and Services revenue reach new all-time highs CUPERTINO, CALIFORNIA — Apple today announced financial results for its fiscal 2026 first quarter ended December 27, 2025. The Company posted quarterly revenue of $143.8 billion, up 16 percent year over year. Diluted earnings per share was $2.84, up 19 percent year over year. ® "Today, Apple is proud to report a remarkable, record-breaking quarter, with rev ...

Financial Performance - Hilltop Holdings reported Q4 2025 income attributable to common stockholders of $41.6 million, or $0.69 per diluted share, a 17.2% increase from $35.5 million, or $0.55 per diluted share, in Q4 2024[1]. - For the full year 2025, income attributable to common stockholders was $165.6 million, or $2.64 per diluted share, compared to $113.2 million, or $1.74 per diluted share, in 2024, representing a 46.3% increase[1]. - Net income for Q4 2025 was $42.9 million, compared to $46.7 million in Q3 2025, representing a decline of 8.0%[10]. - Earnings per share (EPS) for Q4 2025 was $0.69, unchanged from Q3 2025[10]. - Return on average stockholders' equity for Q4 2025 was 7.60%, up from 6.50% in Q4 2024[12]. Dividends and Stock Repurchase - The Board declared a quarterly cash dividend of $0.20 per common share, an 11% increase from the prior quarter, payable on February 27, 2026[2]. - Hilltop repurchased $60.8 million worth of common stock in Q4 2025, averaging $33.77 per share, and a total of $184.0 million for the year, averaging $32.26 per share[2]. - The company declared cash dividends of $0.18 per common share for Q4 2025, consistent with Q3 2025[10]. - The dividend payout ratio for Q4 2025 was 26.17%, compared to 31.08% in Q4 2024[12]. Asset and Liability Management - Hilltop's total assets grew to $15.8 billion at December 31, 2025, up from $15.6 billion at September 30, 2025[8]. - Total assets decreased to $15.65 billion in Q4 2025 from $16.32 billion in Q4 2024[18]. - Total capital to risk-weighted assets for Hilltop was 22.20% as of December 31, 2025, a decrease from 22.90% in September 2025[11]. - Interest-bearing deposits rose to $7,960,778 thousand in 2025, with an interest expense of $228,275 thousand, compared to $7,822,536 thousand and $275,291 thousand in 2024, showing a shift in cost structure[19]. Income and Expenses - Noninterest income for Q4 2025 was $217.4 million, an 11.1% increase from $195.6 million in Q4 2024[8]. - Total noninterest expense was $268.9 million, a decrease of 1.1% compared to $271.9 million in Q3 2025[10]. - Net interest income after provision for credit losses was $104.7 million, down from $114.9 million in Q3 2025, reflecting a decrease of 9.1%[10]. - Noninterest income totaled $217.4 million, slightly down from $217.8 million in Q3 2025, indicating a marginal decline of 0.2%[10]. Credit Quality and Provisions - The provision for credit losses in Q4 2025 was $7.8 million, compared to a reversal of $5.9 million in Q4 2024, indicating a shift in credit quality[5]. - The provision for credit losses was $7.8 million, compared to a reversal of $2.5 million in Q3 2025, indicating a significant shift in credit quality[10]. - The allowance for credit losses improved to $99,869 thousand in 2025 from $110,123 thousand in 2024, indicating better credit quality management[19]. - Non-performing assets as a percentage of total assets decreased to 0.39% in Q4 2025 from 0.56% in Q4 2024[17]. Operational Metrics - Hilltop's Tier 1 capital ratio was 12.78% as of December 31, 2025, down from 13.13% in September 2025[11]. - The efficiency ratio improved to 54.1% in Q4 2025, down from 57.8% in Q4 2024[12]. - Total mortgage loan originations reached $2.43 billion in Q4 2025, an increase from $2.25 billion in Q4 2024[12]. - Net revenue for the Broker-Dealer Segment was $138.37 million in Q4 2025, up from $126.37 million in Q4 2024[12]. Future Outlook and Strategic Plans - Hilltop Holdings plans to continue expanding its business and consumer banking services through PlainsCapital Bank and its mortgage lending subsidiary, PrimeLending[22]. - The company will host a conference call on January 30, 2026, to discuss its fourth quarter and full year 2025 financial results, indicating transparency and engagement with stakeholders[21]. - Forward-looking statements highlight potential risks including credit risks, changes in interest rates, and competition in the financial services industry, which could impact future performance[23].

Financial Performance - Net income for Q4'25 was $34,260,000, a decrease of 6% from Q3'25 and an increase of 9% from Q4'24, with total net income for the twelve months reaching $144,878,000, up 20% year-over-year[23]. - Adjusted net income for Q4'25 was $47,741,000, reflecting a 6% increase from Q3'25 and a 17% increase from Q4'24, with total adjusted net income for the twelve months at $169,473,000, up 28% year-over-year[23]. - Net income for Q4 2025 was $34,260, a decrease of 5.5% from Q3'25 and an increase of 0.5% from Q4'24[33]. - Net interest income for Q4'25 was $176,244,000, a significant increase of 32% from Q3'25 and 52% from Q4'24, with total net interest income for the twelve months at $556,308,000, up 29% year-over-year[23]. - Total noninterest income increased to $28,631 in Q4'25, up 20.5% year-over-year from $17,068 in Q4'24[33]. - Total noninterest expense for Q4'25 was $130,546, an increase of 28.5% from $101,987 in Q3'25[33]. - Total customer funding, including deposits and securities sold under agreements to repurchase, increased to $16.52 billion from $12.18 billion, a growth of 35.7%[31]. Loan and Deposit Growth - Fourth quarter annualized organic loan growth was 15%[1]. - Loans increased by $1.7 billion during the fourth quarter, totaling $12.6 billion as of December 31, 2025[11]. - Total loans increased to $12,627,984,000 in 4Q'25, up 15.2% from $10,964,173,000 in 3Q'25[28]. - Total deposits increased to $16.3 billion as of December 31, 2025, up $3.2 billion from September 30, 2025, including $3.5 billion from the VBI acquisition[15]. - Average noninterest bearing demand deposits rose 15% to $4.1 billion in Q4 2025 from $3.5 billion in Q3 2025, and increased 20% from $3.4 billion in Q4 2024[15]. - Total deposits rose to $16,256,343 thousand as of December 31, 2025, an increase of 24.4% from $13,090,319 thousand at September 30, 2025[26]. Asset Management and Efficiency - The efficiency ratio improved to 63.36% in the fourth quarter of 2025, compared to 64.44% in the prior quarter[11]. - Adjusted efficiency ratio improved to 54.50% in Q4'25 from 57.63% in Q3'25[33]. - The company emphasized the importance of non-GAAP financial measures for a clearer understanding of performance trends and comparisons with other financial institutions[32]. - The return on average assets (GAAP basis) decreased to 0.64% in Q4'25 from 0.88% in Q3'25, while the adjusted return on average assets was 0.89%[23]. Credit Quality and Provisions - The provision for credit losses was $29.3 million, primarily due to the acquisition of VBI, which included a day-one loan loss provision of $22.7 million[9]. - Net charge-offs were $0.9 million in Q4 2025, or three basis points annualized, down from $3.2 million in Q3 2025 and $6.1 million in Q4 2024[15]. - The allowance for credit losses was $178,803 thousand, up from $147,453 thousand, indicating a proactive approach to risk management[26]. - Nonperforming loans rose to $72,001,000 in 4Q'25, compared to $60,562,000 in 3Q'25, an increase of 19.5%[28]. Acquisitions and Expansion - The acquisition of Villages Bancorporation, Inc. added approximately $4.4 billion in assets, including $1.2 billion in loans and $3.5 billion in deposits[1][5]. - The company expanded its branch footprint with new locations in Bradenton, FL, and its first branch in the greater Atlanta market[6]. - Seacoast operates 104 full-service branches across Florida and recently acquired 19 branches in The Villages® community, which will operate under the name Citizens First Bank until system conversion in 2026[17]. - The company issued 9,923,263 common shares and 11,250 Series A non-voting convertible preferred shares in the acquisition of Villages Bancorporation, Inc. on October 1, 2025[27]. Capital and Shareholder Equity - The Tier 1 capital ratio was 14.4% at December 31, 2025, compared to 14.5% at September 30, 2025, and 14.8% at December 31, 2024[15]. - Tangible equity to tangible assets was 9.31% at December 31, 2025, down from 9.76% at September 30, 2025, due to capital invested in the VBI acquisition[15]. - Total shareholders' equity increased to $3,055,787 thousand as of December 31, 2025, from $2,378,132 thousand at September 30, 2025, a rise of 28.4%[26].

Financial Performance - Net sales for the second quarter of fiscal 2026 increased by 4.6% to $314.8 million, compared to $301.1 million in the same quarter of fiscal 2025[80]. - Gross profit increased by $6.9 million, or 13.2%, to $59.2 million for the second quarter of fiscal 2026, with a gross profit margin of 18.8%[99]. - Net income for the second quarter of fiscal 2026 was $18.0 million, or $1.54 per common share basic, compared to $13.6 million, or $1.17 per common share basic, for the second quarter of fiscal 2025[113]. - Income from operations was $53.0 million, or 8.6% of net sales, for the first twenty-six weeks of fiscal 2026, compared to $36.4 million, or 6.3% of net sales, for the same period in fiscal 2025[107]. Sales and Volume - Sales volume decreased by 9.7% in the second quarter of fiscal 2026, with a significant decline attributed to granola sold in the contract manufacturing channel[88]. - Sales volume for the first twenty-six weeks of fiscal 2026 decreased by 5.3%, with declines in bars, granola, trail mix, and cashews, while walnuts, peanuts, pecans, and almonds saw increases[89]. - Net sales in the consumer distribution channel increased by $24.5 million, or 5.1%, while sales volume decreased by 6.8% in the first twenty-six weeks of fiscal 2026 compared to the same period in fiscal 2025[94]. Expenses and Margins - Total operating expenses for the second quarter of fiscal 2026 increased by 0.9%, but as a percentage of net sales, they decreased to 10.5% from 10.9%[83]. - Operating expenses as a percentage of net sales decreased to 9.8% for the first twenty-six weeks of fiscal 2026, down from 10.8% in the same period of fiscal 2025[104]. - Interest expense decreased to $0.5 million for the second quarter of fiscal 2026, down from $0.8 million in the same quarter of fiscal 2025 due to lower average debt levels[108]. Inventory and Costs - The total value of inventories on hand at the end of the second quarter of fiscal 2026 increased by 14.4% to $29.6 million compared to the same period in fiscal 2025[84]. - Total inventories decreased by $19.2 million, or 7.5%, from the inventory balance at June 26, 2025, but increased by $29.6 million, or 14.4%, from the balance at December 26, 2024[119]. - Raw nut and dried fruit input stocks decreased by 2.7 million pounds, or 4.5%, at December 25, 2025, while the weighted average cost per pound of raw nut input stocks increased by 11.8% compared to the end of the second quarter of fiscal 2025[120]. Capital Expenditures and Investments - The company plans significant capital investments in equipment and infrastructure improvements starting in the second quarter of fiscal 2025 to expand production capabilities[69]. - Cash used in investing activities was $46.3 million during the first twenty-six weeks of fiscal 2026, up from $25.6 million in the same period last year[121]. - Capital asset purchases totaled $47.3 million in the first twenty-six weeks of fiscal 2026, compared to $25.5 million in the prior year[121]. - Total capital expenditures for fiscal 2026 are expected to be approximately $112.0 million, including equipment purchases and upgrades[121]. Financing and Debt - Cash used in financing activities was $46.5 million during the first twenty-six weeks of fiscal 2026, compared to cash provided of $5.6 million in the same period last year[122]. - Net repayments under the Credit Facility were $47.6 million in the first twenty-six weeks of fiscal 2026, compared to net borrowings of $29.3 million in the prior year[122]. - As of December 25, 2025, the weighted average interest rate for the Credit Facility was 6.7%[128]. - The Company had $134.7 million of available credit under the Credit Facility as of December 25, 2025[128]. - The Equipment Loan allows financing of up to $50.0 million for equipment purchases, with an interest rate of SOFR plus an applicable margin of 1.49%[130]. - As of December 25, 2025, $26.2 million of the debt obligation under the Equipment Loan was outstanding[132]. Market and Consumer Trends - The company continues to face challenges from higher food and input costs, ongoing supply chain volatility, and macroeconomic uncertainties impacting consumer demand[71]. - Branded products accounted for approximately 20% of total consumer sales during the second quarter of fiscal 2026, with Fisher branded products making up 78% of branded sales[91]. - Branded products accounted for approximately 17% of total consumer sales in the first twenty-six weeks of fiscal 2026, down from 19% in fiscal 2025[93].

Exhibit 99.1 Investor/Media Contacts James A. Dowd, President, CEO Justin K. Bigham, Executive Vice President, CFO Telephone: (315) 343-0057 Pathfinder Bancorp, Inc. Announces Financial Results for Fourth Quarter and Full Year 2025 Pathfinder enters 2026 with improved earnings outlook following a proactive comprehensive commercial loan review and corresponding risk-based reserve build OSWEGO, N.Y., January 29, 2026 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. ("Pathfinder" or the "Company") (NASDAQ: PBHC) a ...

Exhibit 99.2 FINANCIAL SUPPLEMENT FOURTH QUARTER AND FULL YEAR 2025 Forward-Looking Statements Certain statements in this report, including information incorporated by reference, are "forward-looking statements" defined in the Private Securities Litigation Reform Act of 1995 ("PSLRA"). The PSLRA provides a forward-looking statement safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements discuss our intentions, beliefs, projections, estimations, or forecasts of ...

Revenue Growth - Fourth quarter revenue for the combined Brokerage and Risk Management segments exceeded 30%, with organic revenue growth of 5%[5] - For the full year 2025, total revenue grew by 21%, with 6% organic growth and 26% growth in adjusted EBITDAC[6] - Total Company revenue for 2025 was reported at $13.778 billion, compared to $11.401 billion in 2024, representing a growth of 20.8%[6] - The Brokerage segment reported revenues of $12.192 billion for 2025, up from $9.934 billion in 2024, marking a 22.7% increase[6] - The Risk Management segment reported revenues of $1.585 billion for 2025, compared to $1.451 billion in 2024, reflecting a growth of 9.2%[6] - Total revenues for the year ended December 31, 2025, were $12,192 million, compared to $9,934 million for the previous year, reflecting a growth of 23%[49] - Total reported commissions, fees, supplemental revenues, and contingent revenues for Q4 2025 reached $3,056 million, up from $2,174 million in Q4 2024[9] Earnings Performance - Net earnings for the fourth quarter were $154 million, with a diluted earnings per share of $0.58, down from $1.12 in the same quarter of 2024[3] - Net earnings for Q4 2025 were reported at $317 million, consistent with Q4 2024, while net earnings for the year increased to $2,052 million from $1,686 million, a rise of 22%[49] - The total adjusted earnings per share for the year was $10.69, compared to $10.10 in 2024, indicating a growth of 5.8%[6] - Gallagher's reported net earnings margin for Q4 2025 was 11.8%, slightly up from 11.7% in Q4 2024, while the adjusted EBITDAC margin improved to 21.6% from 20.7%[24] - Net earnings for Q4 2025 were reported at $49 million, up from $43 million in Q4 2024, with adjusted EBITDAC increasing to $90 million from $77 million year-over-year[24] Expenses and Costs - Compensation expense for Q4 2025 was $1,868 million, an increase from $1,291 million in Q4 2024, with adjusted compensation expense ratios rising to 53.0%[13] - Operating expenses for Q4 2025 totaled $527 million, compared to $344 million in Q4 2024, with an adjusted operating expense ratio of 14.8%[14] - Reported operating expenses for Q4 2025 were $78 million, an increase from $72 million in Q4 2024, while adjusted operating expenses were $74 million compared to $71 million in the previous year[22] - The adjusted operating expense ratio for Q4 2025 was 17.8%, down 1.3 percentage points from 19.1% in Q4 2024, primarily due to savings in client-related expenses and lower business insurance costs[23] Acquisitions - The company completed 33 mergers in 2025, contributing to more than $3.5 billion in estimated annualized revenue[6] - The acquisition of AssuredPartners was completed for approximately $13.8 billion, funded by $8.5 billion from a stock offering and $5.0 billion from senior notes[12] - The company incurred acquisition costs of $139 million for the year ended December 31, 2025, compared to $51 million in 2024, reflecting ongoing investment in growth through acquisitions[26] - The company closed 6 acquisitions in Q4 2025, with estimated annualized revenues acquired amounting to $118 million[9] Tax and Financial Position - The consolidated effective tax rate for Q4 2025 was 14.3%, a decrease from 22.5% in Q4 2024, while the effective tax rate for the year ended December 31, 2025, was 19.7% compared to 21.5% in 2024[33] - Gallagher's total borrowings as of December 31, 2025, included $9,550 million from public debt and $3,323 million from private placements, with no borrowings under its line of credit facility[29] - Total assets increased to $70,665 million as of December 31, 2025, up from $64,255 million in 2024[53] Workforce and Dividends - The workforce at the end of the period increased to 71,776 employees, up from 55,977 in 2024, largely due to the acquisition of AssuredPartners[55][56] - The company declared dividends of $0.65 per share for the fourth quarter, compared to $0.60 per share in the fourth quarter of 2024[51] Future Outlook - The company plans to host a webcast conference call on January 29, 2026, to discuss its financial results and future outlook[33] - Gallagher's investments in clean energy projects contributed to operating results, focusing on fusion and carbon sequestration initiatives[30] Non-GAAP Measures - The company emphasizes the importance of non-GAAP measures to provide a clearer picture of financial performance and trends[39] - Gallagher's effective tax rate adjustments and other non-recurring items are accounted for in the adjusted earnings metrics to enhance comparability[40] - Organic revenue growth is a key focus, with measures taken to exclude revenues from acquisitions and divestitures for a clearer performance analysis[44]

- Net Income of $16.1 Million for 2025, including $3.9 Million for Fourth Quarter - - Diluted Earnings Per Share of $1.13 for 2025, including $0.27 for Fourth Quarter - Exhibit 99.1 FINWISE BANCORP REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS - Loan Originations of $6.1 Billion for 2025, including $1.6 Billion for Fourth Quarter - MURRAY, UTAH — January 29, 2026 (GLOBE NEWSWIRE) — FinWise Bancorp (NASDAQ: FINW) ("FinWise" or the "Company"), parent company of FinWise Bank (the "Bank"), today announced r ...

Exhibit 99.1 DXC Technology Reports Third Quarter Fiscal Year 2026 Results ASHBURN, VA, January 29, 2026 – DXC Technology (NYSE: DXC) today reported results for the third quarter fiscal 2026. "We delivered third quarter results with solid profit margins, continued strong free cash flow generation and improved bookings. This reflects disciplined execution across our business," said DXC Technology President and CEO Raul Fernandez. "We are investing across our offerings to energize our Core business while also ...