Home Deliveries and Sales - New home deliveries totaled 1,040 homes, a decrease from 1,393 homes in the same quarter last year[3] - Home sales revenue reached $720.8 million, down from $918.4 million year-over-year[3] - The company anticipates delivering between 1,100 and 1,200 homes in Q2 2025 at an average sales price between $680,000 and $690,000[4] - For the full year, the company expects to deliver between 5,000 and 5,500 homes at an average sales price between $665,000 and $675,000[5] - The company reported a net new home order of 1,238, down from 1,814 in the previous year[3] - The backlog units at quarter end were 1,715 homes, with a dollar value of $1.3 billion, compared to 2,741 homes valued at $2.0 billion last year[7] - Home sales revenue decreased to $720.8 million in Q1 2025 from $918.4 million in Q1 2024, a decline of 21.5%[13] - Net new home orders fell to 1,238 in Q1 2025, down 31.8% from 1,814 in Q1 2024[13] - The backlog of homes (estimated dollar value) decreased to $1.31 billion, down 33.0% from $1.95 billion year-over-year[13] - Average sales price of homes delivered increased by 5.2% to $693,000 in Q1 2025 from $659,000 in Q1 2024[13] Financial Performance - Diluted earnings per share were $0.70, down from $1.03 per diluted share in the same quarter last year[3] - Net income available to common stockholders was $64 million, a decrease from $99.1 million year-over-year[3] - Net income available to common stockholders was $64.0 million in Q1 2025, a decrease of 35.4% compared to $99.1 million in Q1 2024[13] - Adjusted EBITDA dropped to $125.7 million, down 28.5% from $175.9 million in the same quarter last year[13] - Total revenues for Q1 2025 were $723.4 million, down from $926.2 million in Q1 2024, reflecting a decline of 22.0%[17] - The adjusted homebuilding gross margin for Q1 2025 was $196,621, representing 27.3%, compared to $242,100 or 26.4% in Q1 2024[24] - EBITDA for the three months ended March 31, 2025, was $117,069, down from $168,812 in the same period of 2024[28] - Adjusted EBITDA for Q1 2025 was $125,698, compared to $175,893 in Q1 2024, indicating a decline in operational performance[28] Liquidity and Debt - The company ended Q1 2025 with total liquidity of $1.5 billion, including cash and cash equivalents of $812.9 million[7] - Cash and cash equivalents decreased to $812.9 million, down 16.2% from $970.0 million at the end of 2024[15] - Total homebuilding debt as of March 31, 2025, was $914,565, a slight decrease from $917,504 as of December 31, 2024, with a debt-to-capital ratio of 21.6%[26] - Net homebuilding debt was $101,628 as of March 31, 2025, compared to a net debt of $(52,541) as of December 31, 2024, resulting in a net debt-to-net capital ratio of 3.0%[26] Operational Metrics - The cancellation rate increased to 10% in Q1 2025, compared to 7% in Q1 2024[13] - SG&A expenses as a percentage of home sales revenue increased to 14.0% in Q1 2025 from 11.1% in Q1 2024[13] - The company owned 16,860 lots and controlled 18,341 lots as of March 31, 2025, down from 16,609 owned and 19,881 controlled as of December 31, 2024[21] - The average sales price in Arizona increased to $233,442 in Q1 2025 from $205,547 in Q1 2024, while California's average sales price decreased to $295,867 from $713,036[21]

Financial Performance - Total revenue for Q1 2025 was $2.32 billion, a decrease from $2.50 billion in Q1 2024[11] - Net revenue before billable expenses was $2.00 billion, reflecting an 8.5% decrease year-over-year, driven by a 3.6% organic decrease and a 1.2% negative impact from foreign currency translation[11][13] - The reported net loss was $85.4 million, resulting in a diluted loss per share of $0.23, compared to earnings of $0.29 per share in Q1 2024[18] - Total revenue for the three months ended March 31, 2025, was $2,322.6 million, a decrease of 6.9% compared to $2,495.9 million in the same period of 2024[38] - Operating income for the same period was a loss of $42.0 million, compared to a profit of $184.2 million in 2024, reflecting a significant decline[38] - Net income available to IPG common stockholders was a loss of $85.4 million, down from a profit of $110.4 million in the prior year[44] - Basic and diluted earnings per share for the three months ended March 31, 2025, were both $(0.23), compared to $0.29 in the same period of 2024[38] - Revenue before billable expenses decreased to $1,996.3 million, down 8.5% from $2,182.9 million in the same quarter of 2024[44] Restructuring and Charges - Restructuring charges in Q1 2025 amounted to $203.3 million, aimed at transforming the business and enhancing service offerings[20] - Restructuring charges for the quarter amounted to $203.3 million, significantly higher than $0.6 million in the previous year, indicating substantial restructuring efforts[41] Cash and Shareholder Returns - Cash and cash equivalents totaled $1.87 billion as of March 31, 2025, down from $2.19 billion at the end of 2024[23] - The company repurchased 3.4 million shares at an aggregate cost of $90.0 million during Q1 2025[24] - A common stock cash dividend of $0.330 per share was declared and paid, totaling $125.3 million for the quarter[25] - The company declared dividends of $0.330 per common share, consistent with the previous year[38] Future Outlook - The company forecasts an organic revenue decrease of 1% to 2% for the full year 2025, with an adjusted EBITA margin target of 16.6%[7] - The merger with Omnicom is expected to close in the second half of 2025, positioning the combined entity for growth in a changing environment[7] Operating Expenses - Total operating expenses increased to $2,364.6 million, up 2.3% from $2,311.7 million in the previous year[38] Adjusted EBITA - Adjusted EBITA before restructuring charges was $186.5 million, with a margin of 9.3% on revenue before billable expenses[5][11] - Adjusted EBITA before restructuring charges and deal costs was $186.5 million, slightly down from $205.5 million in the prior year, with a margin of 9.3%[44]

FOR IMMEDIATE RELEASE April 24, 2025 For further information contact: Keith Suchodolski, Senior Executive Vice President and Chief Operating Officer, or Sean Byrnes, Executive Vice President and Chief Financial Officer Kearny Financial Corp. (973) 244-4500 KEARNY FINANCIAL CORP. ANNOUNCES THIRD QUARTER FISCAL 2025 RESULTS AND DECLARATION OF CASH DIVIDEND Fairfield, N.J., April 24, 2025 – Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), reported net i ...

Exhibit 99.1 NEWS CONTACT: Brian J. Richardson UNIVEST FINANCIAL CORPORATION Chief Financial Officer 215-721-2446, richardsonb@univest.net FOR IMMEDIATE RELEASE UNIVEST FINANCIAL CORPORATION REPORTS FIRST QUARTER RESULTS (Announces 4.8% increase in dividend) SOUDERTON, Pa., April 23, 2025 - Univest Financial Corporation ("Univest" or the "Corporation") (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net ...

Financial Performance - Net sales for the first quarter of 2025 were $3,635 million, an increase of 4.8% compared to $3,468 million in the first quarter of 2024[11] - Gross profit for the first quarter of 2025 was $1,985 million, up from $1,940 million in the same period last year, reflecting a gross margin of approximately 54.6%[11] - Net income for the first quarter of 2025 was $517 million, representing a 14% increase from $454 million in the first quarter of 2024[11] - Earnings per share (EPS) for the first quarter of 2025 were $0.38, compared to $0.33 in the first quarter of 2024, indicating a 15.2% year-over-year growth[11] - Income from operations for the first quarter of 2025 was $801 million, compared to $765 million in the same period of 2024, reflecting a 4.7% increase[71] - The U.S. Refreshment Beverages segment generated net sales of $2,323 million in Q1 2025, up from $2,093 million in Q1 2024, representing an increase of 11%[72] - The U.S. Coffee segment reported net sales of $877 million in Q1 2025, a decrease of 3.7% from $911 million in Q1 2024[72] - The International segment's net sales were $435 million in Q1 2025, compared to $464 million in Q1 2024, indicating a decline of 6.3%[72] Assets and Liabilities - Total assets as of March 31, 2025, were $53,699 million, a slight increase from $53,430 million as of December 31, 2024[16] - The company’s total liabilities were $29,252 million as of March 31, 2025, compared to $29,187 million at the end of 2024[16] - Long-term obligations decreased to $11,927 million as of March 31, 2025, from $12,912 million at the end of 2024, showing a reduction of approximately 7.6%[28] - The current portion of long-term obligations was $1,027 million as of March 31, 2025, slightly up from $1,026 million at the end of 2024[28] - Outstanding obligations under supplier financing arrangements were $1,759 million as of March 31, 2025, compared to $1,740 million as of December 31, 2024[86] Cash Flow and Dividends - Cash and cash equivalents increased to $653 million as of March 31, 2025, up from $510 million at the end of 2024[16] - The company reported a net cash provided by operating activities of $209 million for the first quarter of 2025, compared to $85 million in the first quarter of 2024[17] - Net cash provided by financing activities was $(7) million in Q1 2025, compared to $158 million in Q1 2024, indicating a significant decrease[19] - Cash dividends paid increased to $312 million in Q1 2025 from $299 million in Q1 2024, reflecting a rise of approximately 4.3%[19] - The company declared cash dividends of $312 million in the first quarter of 2025, slightly up from $299 million in the same period last year[19] Investments and Acquisitions - The company entered into a definitive agreement to acquire a controlling interest in GHOST for $999 million, with an initial purchase of a 60% stake completed on December 31, 2024[40] - As of March 31, 2025, investments in unconsolidated affiliates totaled $1,568 million, up from $1,543 million as of December 31, 2024, with Nutrabolt being the largest investment at $1,120 million[79] Tax and Compliance - The effective tax rate for the first quarter of 2025 was 21.7%, a decrease from 23.6% in the same quarter of 2024, primarily due to a non-cash revaluation of state deferred tax liabilities[80] - The company maintained compliance with its minimum interest coverage ratio of 3.25 to 1.00 under the 2025 Revolving Credit Agreement as of March 31, 2025[35] Restructuring and Litigation - The restructuring program initiated in March 2024 is expected to incur pre-tax charges between $125 million and $145 million through the second half of 2025[93] - The company plans to continue its restructuring efforts, including the closure of the Windsor, Virginia manufacturing facility, expected to be completed in the second quarter of 2025[92] - Litigation reserves remained at $2 million as of both March 31, 2025, and December 31, 2024, with ongoing antitrust litigation claims exceeding $5 billion[87][90] - Keurig reached a settlement agreement for $31 million in the Multidistrict Antitrust Litigation, resolving claims from indirect purchasers[89] Stock and Compensation - Stock-based compensation expense for Q1 2025 was $22 million, down from $28 million in Q1 2024[74] - As of March 31, 2025, the company had 12,522,161 outstanding Restricted Share Units (RSUs) with an intrinsic value of $429 million[75] - The company recognized $205 million of unrecognized compensation cost related to unvested RSUs, expected to be recognized over a weighted average period of 3.3 years[76] - The company granted 443,933 Performance Share Units (PSUs) with a fair value of $30.71, resulting in a balance of 442,619 PSUs as of March 31, 2025[78]

"In response to the recent turbulence in the economic environment, we currently do not anticipate a significant impact upon our business, but we are committed to working with our customers to provide the banking support that may be needed. As in past periods of uncertainty, we are confident that the resilience of our balance sheet and customers, coupled with our conservative approach to risk management, will position HomeTrust to succeed." WEBSITE: WWW.HTB.COM Contact: HomeTrust Bancshares, Inc. Announces F ...

Exhibit 99.1 FOR IMMEDIATE RELEASE April 24, 2025 Darling Ingredients Inc. Reports First Quarter 2025 Results First Quarter 2025 IRVING, TEXAS - Darling Ingredients Inc. (NYSE: DAR) today reported a net loss of $(26.2) million, or $(0.16) per diluted share for the first quarter of 2025, compared to net income of $81.2 million, or $0.50 per diluted share, for the first quarter of 2024, which was driven by lower earnings at Diamond Green Diesel (DGD). The company also reported total net sales of $1.38 billion ...

ESQUIRE FINANCIAL HOLDINGS, INC. REPORTS FIRST QUARTER 2025 RESULTS Exhibit 99.1 Net Interest Margin Expansion Fueled by Commercial Growth Drives Industry Leading Earnings and Performance Jericho, NY – April 24, 2025 – Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank"), (collectively "Esquire") today announced its operating results for the first quarter of 2025. Significant achievements and key p ...

Financial Performance - Net revenues for the three months ended March 31, 2025, were $9.3 billion, an increase of $0.5 billion or 5.8% compared to the same period in 2024[264]. - Excluding currency and acquisitions/divestitures, net revenues increased by 10.2%, driven by favorable pricing and higher smoke-free product volume[266]. - Diluted earnings per share (EPS) for the three months ended March 31, 2025, increased to $1.72, representing a 24.6% change from $1.38 in the same period of 2024[270]. - Operating income for the three months ended March 31, 2025, was $3.54 billion, compared to $3.05 billion in the same period of 2024[280]. - Total PMI net revenues for Q1 2025 reached $9,301 million, a 5.8% increase from $8,793 million in Q1 2024[282]. - Net earnings attributable to PMI for the first quarter of 2025 were $2.7 billion, a 25.2% increase compared to the previous year[308]. - Operating income in SSEA, CIS & MEA increased by 19.2% to $920 million, with a 14.1% increase excluding currency and acquisitions/divestitures[325]. - Operating income for the first quarter of 2025 increased by 16.4% to $3.544 billion, with an 18.7% increase excluding currency and acquisitions/divestitures[306]. Product Performance - Total shipment volume increased by 3.9% to 187.8 billion equivalent units, with smoke-free products up by 14.4% and cigarette volumes up by 1.1%[300]. - Total smoke-free revenues increased by 15.0% to $3,895 million, up from $3,386 million in the same quarter last year[282]. - Heated Tobacco Units (HTUs) shipment volume increased by 11.9% to 37,089 million units, compared to 33,134 million units in Q1 2024[287]. - Nicotine pouches shipment volume surged by 53.3% to 223.4 million cans, up from 145.7 million cans in Q1 2024[287]. - Oral SFP shipments increased by 42.0% to 237 million cans, predominantly driven by ZYN nicotine pouches in the U.S.[343]. Market Trends - The Americas region contributed $1.27 billion in net revenues for Q1 2025, up from $996 million in Q1 2024[280]. - The Americas region saw a significant increase in smoke-free revenues, with a 69.4% rise to $783 million compared to $462 million in Q1 2024[282]. - The estimated total international industry volume for cigarettes and HTUs decreased by 0.6% during the quarter, with a projected decline of around 1% for the full year 2025[299]. - The estimated total market for cigarettes and HTUs in Europe decreased by 4.8% to 118.3 billion units, with a 6.6% decrease for cigarettes[314]. - Total market for cigarettes and HTUs, excluding the U.S., increased by 1.3% to 45.2 billion units, with Brazil up by 12.7%[339]. Strategic Initiatives - The company acquired Swedish Match AB in 2022, enhancing its portfolio in oral nicotine delivery and supporting its transformation to a smoke-free company[256]. - The company has invested over $14 billion since 2008 in developing smoke-free products, aiming to end cigarette sales[249]. - PMI aims to continue developing and expanding its SFP brand portfolio and market positions, exploring new growth opportunities beyond current business[355]. - The company has integrated the production of heated tobacco units into existing manufacturing facilities and is optimizing its manufacturing infrastructure[359]. - The Altria Agreement allows PMI to fully commercialize IQOS in the U.S., providing a clear path to expand its market presence[361]. Regulatory Environment - The WHO's Framework Convention on Tobacco Control has 182 countries and the EU as parties, aiming to reduce tobacco use through various control measures[368]. - The EU's Tobacco Products Directive mandates health warnings covering 65% of cigarette pack surfaces and bans characterizing flavors in certain tobacco products[380]. - The EU banned characterizing flavors in heated tobacco products effective October 23, 2023, impacting a significant portion of SFP products sold in the EU[385]. - The FDA has established a regulatory framework for assessing "New Tobacco Products" and "Modified Risk Tobacco Products," influencing international regulatory approaches[400]. - Significant markets have imposed bans or severe restrictions on the sale of SFPs, including Argentina, Brazil, Canada, and India[375]. Challenges and Risks - Illicit trade may account for up to 15% of global cigarette consumption, with an estimated 8% in the EU for 2023[432]. - The company is investing substantial resources to combat illicit trade, including legal remedies and cooperation with governmental authorities[433]. - The global tariff environment is expected to remain volatile through 2025, with the company actively adapting operations accordingly[446]. - The company continues to monitor developments in new sanctions and trade laws to ensure compliance[447].

Financial Performance - ACNB Corporation reported a net loss of $272 thousand, or $0.03 diluted loss per share, for Q1 2025, compared to a net income of $6.8 million, or $0.80 diluted earnings per share, in Q1 2024[2]. - The company reported a net loss of $272,000 for Q1 2025, compared to a net income of $6,768,000 in Q1 2024[33]. - Basic and diluted loss per share for Q1 2025 was $(0.03), down from earnings of $0.80 per share in Q1 2024[33]. - The return on average assets (annualized) was (0.04)% for the quarter, down from 1.08% in the previous quarter, highlighting a decline in asset efficiency[28]. - The diluted (loss) earnings per share was $(0.03) for the quarter, compared to $0.77 in the previous quarter, indicating a significant drop in earnings per share[28]. Acquisition Impact - The acquisition of Traditions Bancorp, effective February 1, 2025, added $877.7 million in assets, $648.5 million in loans, and $741.5 million in deposits[4]. - Noninterest income for Q1 2025 was $7.2 million, an increase of $1.5 million from Q1 2024, primarily due to the acquisition[15]. - The increase in total deposits was primarily driven by the Acquisition[20]. Asset and Loan Growth - Total loans outstanding reached $2.32 billion at March 31, 2025, an increase of $639.3 million from December 31, 2024[18]. - Total loans, net of unearned income, increased to $2,322,209 thousand, up from $1,682,910 thousand at December 31, 2024, marking a growth of 38.1%[30]. - Total assets increased to $3,270,041 thousand as of March 31, 2025, up from $2,394,830 thousand at December 31, 2024, representing a growth of 36.5%[28]. Deposits and Borrowings - Total deposits reached $2.54 billion as of March 31, 2025, an increase of $747.5 million from December 31, 2024, and $704.8 million from March 31, 2024[20]. - Interest-bearing deposits amounted to $1.98 billion, increasing by $636.3 million from December 31, 2024, and $641.7 million from March 31, 2024[20]. - Total borrowings were $299.5 million at March 31, 2025, up by $28.4 million compared to December 31, 2024, and $26.9 million compared to March 31, 2024[21]. Equity and Book Value - Total stockholders' equity increased to $386.9 million at March 31, 2025, compared to $303.3 million at December 31, 2024, and $279.9 million at March 31, 2024[22]. - Tangible book value per share was $28.23 at March 31, 2025, down from $29.51 at December 31, 2024, and up from $26.70 at March 31, 2024[22]. - Tangible common equity to tangible assets ratio decreased to 9.33% from 10.72%, indicating a reduction of 1.39 percentage points[38]. Interest Income and Expenses - Net interest income rose to $27,090 thousand for the quarter ended March 31, 2025, compared to $21,112 thousand for the previous quarter, an increase of 28.4%[28]. - Total Interest and Dividend Income for Q1 2025 was $36,290,000, a 39.5% increase from $25,974,000 in Q1 2024[33]. - Total Noninterest Expenses increased to $29,335,000, a significant rise of 66.5% from $17,662,000 in Q1 2024, primarily due to merger-related costs of $8,031,000[33]. Credit Losses and Non-Performing Loans - The allowance for credit losses was $24.6 million at March 31, 2025, an increase of $7.4 million compared to December 31, 2024[18]. - Non-performing loans were $10.0 million, or 0.43% of total loans, at March 31, 2025, compared to $6.8 million, or 0.40%, at December 31, 2024[19]. - Provision for credit losses was $5,968,000, a substantial increase from $223,000 in the same quarter last year[33]. Dividends and Stock Repurchase - The Board of Directors declared a regular quarterly cash dividend of $0.34 per share for Q2 2025, reflecting a 6.3% increase over the same quarter of 2024[9]. - ACNB repurchased 75,872 shares of common stock during Q1 2025[9]. - ACNB repurchased 75,872 shares of common stock during the three months ended March 31, 2025[22]. Efficiency and Cost Management - The efficiency ratio improved to 60.13% for the quarter ended March 31, 2025, compared to 63.83% in the previous quarter, indicating better cost management[28]. - Noninterest expense increased by $11.7 million in Q1 2025 compared to Q1 2024, largely due to merger-related expenses totaling $8.0 million[17].