Financial Results - Trump Media & Technology Group Corp. announced its financial results for the quarter ended September 30, 2025, on November 7, 2025[5]. - The financial results and operational strategies will be detailed in the definitive proxy statement and other relevant documents filed with the SEC[7]. Business Combination - The company is involved in a business combination with Yorkville Acquisition Corp., which will include a preliminary proxy statement and prospectus[7]. - The anticipated benefits and timing of the completion of the business combination are highlighted, with a focus on potential merger and acquisition activity[10]. - There are risks associated with the business combination, including the potential for delays and the need for shareholder approval[10]. - The company emphasizes the importance of reading the preliminary proxy statement/prospectus for critical information regarding the business combination[7]. Future Plans - The company is planning to launch a financial services and FinTech platform, aiming to capitalize on market opportunities[10]. - Trump Media Group CRO Strategy, Inc. is expected to manage growth and expand operations post-business combination[10]. Market Conditions - The company is addressing regulatory conditions and market trends that may impact its future operations[10]. - The company is focused on the volatility of the price of Cronos and its implications for stock performance[10].

Financial Results - Trump Media & Technology Group Corp. announced its financial results for the quarter ended September 30, 2025, on November 7, 2025[5]. Business Combination - The company is involved in a business combination with Yorkville Acquisition Corp., which will include a preliminary proxy statement and prospectus[7]. - The anticipated benefits and timing of the completion of the business combination are highlighted, with a focus on potential merger and acquisition activity[10]. - There are risks associated with the business combination, including the potential failure to complete it in a timely manner or at all[10]. - The company will file additional documents with the SEC regarding the business combination, which will contain important information for investors[7]. Growth and Expansion - Trump Media Group CRO Strategy, Inc. is expected to manage growth and expand operations post-business combination[10]. - The company is planning to launch a financial services and FinTech platform, aiming to capitalize on market opportunities[10]. Market Conditions - The company is addressing regulatory conditions and market trends that may impact its operations and growth[10]. - The company is focused on the volatility of the price of Cronos and its correlation with Trump Media Group CRO Strategy, Inc.'s stock price[10]. Financial Statements - The financial statements and exhibits related to the press release are available for review, including the cover page interactive data file[13].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________ FORM 10-Q ____________________________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2025 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-16715 First Citizens BancShares, Inc. (Exact name of Registran ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________ FORM 10-Q ____________________________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2025 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-16715 First Citizens BancShares, Inc. (Exact name of Registran ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________ FORM 10-Q ____________________________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2025 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-16715 First Citizens BancShares, Inc. (Exact name of Registran ...

Client Assets and AUM Growth - Total client assets reached $313.4 billion, with assets under management (AUM) at $310.6 billion as of September 30, 2025, reflecting significant growth from $176.1 billion in 2024[175][188] - AUM increased by $12.1 billion, or 4.1%, from $298.6 billion at June 30, 2025, driven by $14.5 billion in market appreciation, partially offset by $0.3 billion in net outflows[188] - As of September 30, 2025, total Assets Under Management (AUM) reached $310,644 million, up from $176,113 million in 2024, reflecting a significant increase of 76.3% year-over-year[200] - Total Assets Under Management (AUM) as of September 30, 2025, reached $310.64 billion, an increase from $176.11 billion in 2024, representing a growth of 76%[208] - The total long-term assets under management as of September 30, 2025, were $306,985 million, compared to $172,720 million in 2024, reflecting an increase of 77.8%[200] - The company has grown total client assets from $17.9 billion in August 2013 to $313.4 billion as of September 30, 2025, attributed to successful acquisitions and strong investment returns[185] Revenue and Income - Total revenue for the three months ended September 30, 2025, was $361.2 million, up from $225.6 million in the same period in 2024, while total revenue for the nine months was $932.0 million compared to $661.1 million[191] - Net income for the three months ended September 30, 2025, was $96.5 million, compared to $82.0 million in 2024, with net income for the nine months at $217.3 million versus $211.9 million[191] - Adjusted EBITDA for the three months ended September 30, 2025, was $190.5 million, representing 52.7% of revenue, compared to $121.3 million, or 53.7% of revenue, in 2024[191] - Net income attributable to common shareholders for the nine months ended September 30, 2025, was $181.97 million, compared to $211.93 million for the same period in 2024[219] - Earnings per share (EPS) for the three months ended September 30, 2025, were $1.12, compared to $1.26 for the same period in 2024[219] Cash Flows and Financial Activities - The Company recorded a net cash provided by operating activities of $240.4 million for the nine months ended September 30, 2025, a decrease of 3.1% compared to $248.2 million for the same period in 2024[284] - Cash provided by investing activities was $77.7 million for the nine months ended September 30, 2025, primarily from cash acquired through acquisitions of $53.6 million[286] - Cash used in financing activities totaled $329.5 million for the nine months ended September 30, 2025, which included $63.7 million for acquisition consideration and $115.7 million for dividend payments[288] Market Performance and Client Flows - The company generated $17.3 billion in gross flows for the three months ended September 30, 2025, compared to $6.1 billion in 2024, with net outflows of $0.3 billion[188] - Gross client cash inflows for the three months ended September 30, 2025, were $17,296 million, compared to $6,120 million in the same period of 2024, indicating an increase of 182.5%[196] - Net client cash flows for the three months ended September 30, 2025, were negative at $(292) million, an improvement from $(2,636) million in the same period of 2024[196] - The company experienced net outflows of $2.3 billion for the nine months ended September 30, 2025, with significant outflows from U.S. equity strategies[217] Expenses and Costs - Personnel compensation and benefits for the three months ended September 30, 2025, increased by 124.3%, or $53.7 million, to $97.0 million, primarily due to higher salaries and acquisition-related compensation[225] - For the three months ended September 30, 2025, distribution and other asset-based expenses increased by $29.3 million, or 79.6%, to $66.2 million compared to $36.8 million for the same period in 2024, primarily due to higher broker-dealer and platform distribution fees[229] - General and administrative expenses for the three months ended September 30, 2025 increased by $9.4 million, or 67.3%, to $23.5 million compared to $14.0 million for the same period in 2024[231] - Depreciation and amortization for the three months ended September 30, 2025 increased by $14.5 million, or 193.4%, to $22.0 million from $7.5 million for the same period in 2024, due to the amortization of intangible assets from the Amundi US acquisition[233] Acquisitions and Strategic Developments - The acquisition of Amundi U.S. was completed on April 1, 2025, enhancing the company's scale and diversifying its investment capabilities[180][182] - Victory Capital's Solutions Platform manages approximately $52 billion in AUM for non-U.S. investors, supported by a global distribution agreement with Amundi[184] - The company experienced a divestment of approximately $1 billion in assets due to the closure of three Investment Franchises during the third quarter of 2025[202] - Acquisition-related costs for the nine months ended September 30, 2025 were $34.9 million, significantly higher than $9.2 million for the same period in 2024, related to the Amundi US acquisition[238] - Restructuring and integration costs for the nine months ended September 30, 2025 were $25.4 million, compared to $0.8 million for the same period in 2024, primarily related to personnel restructuring[240] Market and Currency Risks - Approximately 9% of AUM is invested in securities denominated in currencies other than the U.S. dollar, which exposes the company to exchange rate risk[295] - A 10% increase or decrease in the value of the U.S. dollar would affect the fair value of AUM by approximately $2.8 billion, impacting revenues by about $13.2 million at a weighted-average fee rate of 47 basis points[295] - The company has not adopted a corporate-level risk management policy for exchange rate risk or client asset management[295] Interest and Debt Management - The Repriced Term Loans, totaling $985.0 million, will mature on September 23, 2032, with an interest rate of SOFR plus a margin of 2.00%[264] - The Company had no outstanding borrowings under the revolving credit facility as of September 30, 2025, maintaining compliance with its financial performance covenants[266] - The company executed a floating-to-fixed interest rate swap to fix the interest rate at 3.465% on $450 million of its Term Loan[296]

Revenue and Income - Revenue for Q3 2025 was $83.4 million, a decrease of 1% year-over-year, while revenue for the nine months ended September 30, 2025, was $249.2 million, an increase of 13% compared to the prior year[4] - Total revenues for the three months ended September 30, 2025, were $83,357,000, a slight decrease of 0.8% compared to $84,047,000 for the same period in 2024[36] - Net income for the nine months ended September 30, 2025, was $20,229,000, compared to $19,692,000 for the same period in 2024, reflecting an increase of 2.7%[37] - Operating income for the three months ended September 30, 2025, was $3,588,000, down 70.8% from $12,309,000 in the same period of 2024[36] - Net income for the three months ended September 30, 2025, was $11,386, a decrease from $17,107 in the same period of 2024, representing a decline of approximately 33.5%[44] - The company reported a basic net income per share of $0.05 for the three months ended September 30, 2025, down from $0.09 in the same period of 2024[36] Adjusted EBITDA and Expenses - Adjusted EBITDA for Q3 2025 was $19.5 million, down 37% from $31.1 million in Q3 2024, while for the nine months it was $56.0 million, down 17% from $67.4 million in the same period last year[7] - Adjusted EBITDA for the three months ended September 30, 2025, was $19,456, compared to $31,103 for the same period in 2024, indicating a decrease of about 37.5%[44] - The total Adjusted EBITDA for the nine months ended September 30, 2025, was $56,028, compared to $67,407 for the same period in 2024, reflecting a decline of about 16.8%[44] - The company incurred total operating expenses of $79,769,000 for the three months ended September 30, 2025, compared to $71,738,000 in 2024, marking an increase of 11.1%[36] Production and Capacity - RNG production increased by 30% year-over-year to 1.3 million MMBtu for Q3 2025 and 25% to 3.5 million MMBtu for the nine months ended September 30, 2025[7] - The Atlantic RNG Project commenced commercial operations in October 2025, contributing approximately 0.3 million MMBtu to OPAL Fuels' annual design capacity[7] - The company’s annual design capacity now stands at 9.1 million MMBtu across twelve operating projects[3] - The CMS Concord RNG facility in North Carolina began construction in October 2025, representing approximately 0.7 million MMBtu of annual design capacity[8] Financial Position and Liquidity - As of September 30, 2025, OPAL Fuels reported liquidity of $183.8 million, including $138.4 million of unused capacity under its $450.0 million senior secured credit facility[14] - Total assets increased to $916.7 million as of September 30, 2025, up from $881.1 million at the end of 2024[34] - Current liabilities decreased to $83.5 million as of September 30, 2025, compared to $103.6 million at the end of 2024[35] - Stockholders' equity attributable to the company improved to $7.5 million as of September 30, 2025, from a deficit of $148.4 million at the end of 2024[35] - Cash and cash equivalents increased to $29.9 million as of September 30, 2025, compared to $24.3 million at the end of 2024[34] - OPAL Fuels expects available cash and other assets to be sufficient to meet existing commitments for at least twelve months from the date of the report[15] Investments and Capital Expenditures - For the nine months ended September 30, 2025, OPAL Fuels invested $60.9 million in RNG projects and fueling stations, a decrease from $72.8 million in the prior year[16] - The company's share of capital expenditures in unconsolidated entities for the same period was $17.9 million[16] Fueling Stations and Services - At September 30, 2025, the company had 47 operating fueling stations and 16 under construction, with an additional 25 owned by third parties[8] - The Fuel Station Services segment sold 38.9 million GGEs of transportation fuel in Q3 2025, an increase of 1% year-over-year, with RNG accounting for 20.4 million GGEs, up 4%[7] Tax Credits and Guidance - The company completed the sale of IRA Investment Tax Credits totaling over $40 million in 2025, with $17.3 million completed in Q3[3] - The company maintains its full-year 2025 guidance despite a lower D3 RIN price environment[8] Other Financial Metrics - Cash flows from operating activities for the nine months ended September 30, 2025, increased to $40,017,000 from $31,917,000 in 2024, representing a growth of 25.3%[37] - The company reported a net cash used in investing activities of $69,933,000 for the nine months ended September 30, 2025, compared to $86,546,000 in 2024[38] - The weighted average shares outstanding of Class A common stock for the three months ended September 30, 2025, was 28,279,527, an increase from 27,709,203 in the same period of 2024[36] Interest and Financing - The company’s interest and financing expense for the three months ended September 30, 2025, was $6,898,000, an increase from $5,026,000 in 2024[36] - Interest and financing expense for Q3 2025 was $6,898, up from $5,027 in Q3 2024, reflecting an increase of approximately 35.3%[44]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 0-28364 Norwood Financial Corp (Exact name of registrant as specified in its charter) Pennsylvania 23-2828 ...

Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________________ FORM 10-Q ____________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Com ...

Financial Performance - Total revenue for the three months ended September 30, 2025, was $125.415 million, a 11.0% increase from $112.852 million in the same period of 2024 [49]. - Service revenue for the three months ended September 30, 2025, was $29.956 million, representing a 15.8% increase from $25.902 million in 2024 [49]. - The company’s total sales in the United States for the three months ended September 30, 2025, were $71.725 million, a 11.8% increase from $64.565 million in 2024 [51]. - Net income attributable to stockholders for Q3 2025 was $12,940,000, a decrease of 13.0% from $14,892,000 in Q3 2024 [74]. - Total revenue for Q3 2025 increased to $125,415,000, up 11.3% from $112,852,000 in Q3 2024 [77]. - Basic earnings per share for Q3 2025 was $0.47, down from $0.54 in Q3 2024 [74]. - Gross margin for Q3 2025 was $52,424,000, representing a gross margin percentage of 41.8%, compared to 42.4% in Q3 2024 [77]. - The unaudited pro forma revenue for the nine months ended September 30, 2025, including acquisitions, was $363,057,000, compared to $333,360,000 for the same period in 2024 [80]. Assets and Liabilities - Total property, plant, and equipment decreased from $17.735 million as of December 31, 2024, to $16.229 million as of September 30, 2025 [31]. - Goodwill increased from $44.126 million as of December 31, 2024, to $52.292 million as of September 30, 2025 [31]. - Intangible assets rose significantly from $34.562 million as of December 31, 2024, to $56.267 million as of September 30, 2025 [31]. - Finished goods inventory increased to $112.292 million as of September 30, 2025, compared to $89.556 million at the end of 2024, reflecting a 25.4% rise [56]. - Warranty liabilities increased from $0.7 million as of December 31, 2024, to $0.8 million as of September 30, 2025 [32]. - Contract liabilities increased to $5.009 million as of September 30, 2025, from $821,000 as of December 31, 2024 [48]. - The company reported a contingent liability of $25.103 million as of September 30, 2025, significantly up from $1.816 million at the end of 2024 [72]. Acquisitions and Investments - The company acquired a 76% interest in an entity conducting business in China on September 9, 2025 [40]. - The company completed acquisitions in 2025 for an aggregate purchase price of $48.7 million to expand its geographical footprint [78]. Compliance and Regulations - The company had no outstanding balances under its $125 million Credit Agreement as of September 30, 2025, and maintained compliance with all debt covenants [61]. - The company adopted ASU 2025-07 as of September 30, 2025, with no material impact on financial statements [33]. - The company is evaluating the impact of the One Big Beautiful Bill Act, expected to primarily affect deferred tax items [39]. Costs and Expenses - Personnel costs for Q3 2025 were $16,232,000, an increase of 23.6% from $13,153,000 in Q3 2024 [77]. Financial Risks - The company does not currently hedge its exposure to foreign currency translation adjustments, which may impact financial results [139]. - A hypothetical 200 basis point increase in variable interest rates could materially impact the company's financial statements [141]. Impairment and Allowances - As of September 30, 2025, accounts receivable allowances for expected credit losses were $0.1 million, down from $0.2 million as of December 31, 2024 [30]. - The company recognized no goodwill impairment during the three and nine months ended September 30, 2025 [28].