FREMONT, Calif., January 28, 2026 - Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 28, 2025 (the "December 2025 quarter"). Highlights for the December 2025 quarter were as follows: Exhibit 99.1 FOR IMMEDIATE RELEASE Lam Research Corporation Reports Financial Results for the Quarter Ended December 28, 2025 Key Financial Data for the Quarters Ended December 28, 2025 and September 28, 2025 (in thousands, except per-share data, pe ...

Financial Performance - Net earnings for the year ended December 31, 2025, totaled $18.8 million, a 44.4% increase from $13.0 million in 2024[3] - Diluted earnings per share for the fourth quarter of 2025 were $0.77, compared to $0.81 in the previous quarter and $0.54 in the same quarter of the prior year[2] - Basic net earnings per share for the year ended December 31, 2025, were $3.09, compared to $2.15 for the year ended December 31, 2024[25] - The net earnings for the year ended December 31, 2025, were $18,775,000, a significant increase from $13,003,000 in 2024, representing a 44.1% growth[25] Revenue and Income - Total revenue for the fourth quarter increased to $18.7 million, a 2.9% increase over the prior quarter[7] - Total interest income for the three months ended December 31, 2025, was $20,837,000, an increase of 9.9% compared to $18,952,000 for the same period in 2024[25] - Net interest income for the fourth quarter was $14.8 million, a 4.9% increase from the previous quarter and a 19.3% increase from the same quarter of the prior year[10] - Net interest income increased to $14,789 thousand from $14,094 thousand, reflecting a growth of 4.9%[31] - Non-interest income totaled $3,899,000 for the three months ended December 31, 2025, compared to $3,371,000 in the same period of 2024, reflecting a 15.6% increase[25] - Adjusted non-interest income decreased slightly to $3,983 thousand from $4,013 thousand, a decline of 0.7%[31] Loans and Deposits - Average loans grew by $112.3 million, or 11.5%, for the year ended December 31, 2025, primarily due to strong growth in commercial real estate and residential mortgages[7] - Total year-end deposits increased by $60.1 million, or 4.5%, with a loan to deposit ratio of 79.1%[7] - Total deposits increased to $1,388,854 thousand in December 2025, up from $1,325,500 thousand in September 2025, reflecting a growth of about 4.8%[23] - Total deposits increased to $1,356,125,000 as of December 31, 2025, from $1,314,338,000 as of December 31, 2024, marking a growth of 3.2%[27] Asset and Equity - Stockholders' equity increased to $160.6 million, with a book value of $26.44 per share as of December 31, 2025[17] - The total stockholders' equity rose to $160,631 thousand in December 2025, up from $155,727 thousand in September 2025, indicating an increase of about 3.0%[23] - Tangible book value per share increased to $20.79 from $19.96, a rise of 4.1%[31] - The total assets decreased to $1,606,642 thousand as of December 31, 2025, from $1,617,075 thousand in September 2025, representing a decline of approximately 0.9%[23] Efficiency and Performance Ratios - The efficiency ratio improved to 62.7% for the year ended December 31, 2025, compared to 69.1% for 2024[7] - The efficiency ratio improved to 62.8% for the three months ended December 31, 2025, compared to 70.0% in the same period of 2024[27] - Efficiency ratio improved to 62.8% from 61.2%, indicating better cost management[31] - Return on average assets was 1.17% for the three months ended December 31, 2025, compared to 0.83% for the same period in 2024[27] - Return on average equity was 11.88% for the three months ended December 31, 2025, up from 9.54% in the same period of 2024[27] Credit Quality - Non-performing loans totaled $10.0 million, or 0.90% of gross loans, as of December 31, 2025[19] - Total non-performing loans to gross loans outstanding remained stable at 0.90%, compared to 0.89% in the previous quarter[28] - The allowance for credit losses stood at $12,458 thousand as of December 31, 2025, compared to $12,299 thousand in September 2025, indicating a slight increase in provisions[23] - The allowance for credit losses for loans was $12,458,000 as of December 31, 2025, compared to $12,825,000 as of December 31, 2024, indicating a slight decrease in provisions[27] - Loans 30-89 days delinquent decreased to $4,274 thousand from $4,853 thousand, a reduction of 11.8%[28] - Net loan charge-offs to average loans decreased to 0.12% from 0.83%, showing improved loan performance[28] Dividends - The Board of Directors declared a cash dividend of $0.21 per share, payable on February 26, 2026[8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): January 28, 2026 Expion360 Inc. (Exact name of registrant as specified in its charter) | Nevada | 001-41347 | 81-2701049 | | --- | --- | --- | | (State or other jurisdiction of | (Commission | (I.R.S. Employer | | incorporation or organization) | File Number) | Identification No.) | [ ] Pre-com ...

Merchants Bancorp Reports Fourth Quarter 2025 Results For Release January 28, 2026 · The Company reported another sequential quarter of higher net income and improved asset quality, reinforcing a positive trajectory for 2026. · Total assets ended the year at $19.4 billion, slightly higher than September 30, 2025, and up $643.2 million, or 3%, compared to December 31, 2024 - setting a new Company milestone. · Tangible book value per common share reached a new record-high of $37.51 and increased 10% compared ...

Exhibit 99.1 PRESS RELEASE Merchants Bancorp Reports Fourth Quarter 2025 Results For Release January 28, 2026 · The Company reported another sequential quarter of higher net income and improved asset quality, reinforcing a positive trajectory for 2026. · Total assets ended the year at $19.4 billion, slightly higher than September 30, 2025, and up $643.2 million, or 3%, compared to December 31, 2024 - setting a new Company milestone. · Tangible book value per common share reached a new record-high of $37.51 ...

Exhibit 99.1 PRESS RELEASE Merchants Bancorp Reports Fourth Quarter 2025 Results For Release January 28, 2026 · The Company reported another sequential quarter of higher net income and improved asset quality, reinforcing a positive trajectory for 2026. · Total assets ended the year at $19.4 billion, slightly higher than September 30, 2025, and up $643.2 million, or 3%, compared to December 31, 2024 - setting a new Company milestone. · Tangible book value per common share reached a new record-high of $37.51 ...

Exhibit 99.1 PRESS RELEASE Merchants Bancorp Reports Fourth Quarter 2025 Results For Release January 28, 2026 · The Company reported another sequential quarter of higher net income and improved asset quality, reinforcing a positive trajectory for 2026. · Total assets ended the year at $19.4 billion, slightly higher than September 30, 2025, and up $643.2 million, or 3%, compared to December 31, 2024 - setting a new Company milestone. · Tangible book value per common share reached a new record-high of $37.51 ...

Financial Performance - Net income for Q4 2025 was $4.830 million, a decrease from $5.192 million in Q3 2025, while net income for the year was $19.205 million, up 37.6% from $13.955 million in 2024[2][4] - Diluted EPS for Q4 2025 was $0.62, down from $0.67 in Q3 2025, and for the year, it was $2.47, an increase of 36.5% from $1.81 in 2024[3][4] - Net income for the three months ended December 31, 2025, was $4,830,000, a 14.1% increase from $4,232,000 in the same period of 2024[24] - The company reported net income excluding the after-tax effect of merger expenses (non-GAAP) of $5,357 million for December 2025, compared to $4,232 million in December 2024, a growth of 26.5%[27] Loan and Deposit Growth - Total loan growth for 2025 was $90.5 million, or 7.4%, with Q4 growth of $31.7 million, an annualized growth rate of 9.8%[2][8] - Total deposits increased by $73.6 million, or 4.4%, for the year, but decreased by $21.6 million, or 1.2%, in Q4 2025[2][9] - Average loans rose to $1,302,826 thousand in Q4 2025, up from $1,211,880 thousand in Q4 2024, marking an increase of 7.5%[23] Asset Management - Assets under management (AUM) in the investment advisory line reached a record $1.170 billion at year-end 2025, up from $1.103 billion at Q3 2025[2] - Total revenue in the investment advisory line for 2025 was $7.565 million, up from $6.181 million in 2024, with AUM ending at $1.170 billion[14] - The book value per common share increased to $21.78 as of December 31, 2025, from $21.01 at September 30, 2025[22] Income and Expenses - Net interest income for 2025 increased by 19.2% to $62.0 million compared to $52.0 million in 2024[11] - Total non-interest expense for Q4 2025 was $13.827 million, an increase of $153 thousand from Q3 2025[15] - Non-interest income totaled $4,288,000 for the three months ended December 31, 2025, compared to $3,608,000 in the same period of 2024, reflecting an increase of 18.8%[24] Capital Ratios and Equity - The bank's regulatory capital ratios exceeded well-capitalized minimum levels, with a Tier I Risk Based ratio of 13.11% as of December 31, 2025[5] - Shareholders' equity increased to $164,514 thousand as of December 31, 2025, from $143,726 thousand in the previous year, a growth of 14.4%[25] - The Tier 1 Capital Ratio was 13.11% as of December 31, 2025, compared to 13.10% at September 30, 2025[22] Efficiency and Profitability Metrics - The efficiency ratio improved to 64.51% for the three months ended December 31, 2025, down from 66.67% in the same period of 2024, indicating better cost management[24] - Return on average assets increased to 0.92% for the three months ended December 31, 2025, compared to 0.86% in the same period of 2024[24] - Return on average common equity was 11.65% for the three months ended December 31, 2025, slightly down from 11.71% in the same period of 2024[24] Acquisitions - The company completed the acquisition of Signature Bank of Georgia on January 8, 2026[2] - First Community Corporation completed the acquisition of Signature Bank of Georgia on January 8, 2026, which reported $197.8 million in loans and $235.3 million in deposits as of December 31, 2025[16] Non-Performing Assets - Total nonperforming assets decreased to $372 thousand in Q4 2025 from $881 thousand in Q4 2024, a reduction of 57.8%[23] - Net charge-offs for the twelve months ended December 31, 2025, were $52 thousand, down from $65 thousand in the previous year, indicating a decline of 20.0%[23]

18 E. Dover Street Easton, Maryland 21601 Phone (410) 763-7800 PRESS RELEASE Shore Bancshares, Inc. Reports 2025 Fourth Quarter and Annual Results Easton, Maryland (January 28, 2026) – Shore Bancshares, Inc. (NASDAQ – SHBI) (the "Company" or "Shore Bancshares"), the holding company for Shore United Bank, N.A. (the "Bank") reported net income for the fourth quarter of 2025 of $15.9 million, or $0.48 per diluted common share, compared to net income of $14.3 million, or $0.43 per diluted common share, for the ...

Exhibit 99.1 Microsoft Cloud and AI Strength Drives Second Quarter Results REDMOND, Wash. — January 28, 2026 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2025, as compared to the corresponding period of last fiscal year: "We are only at the beginning phases of AI diffusion and already Microsoft has built an AI business that is larger than some of our biggest franchises," said Satya Nadella, chairman and chief executive officer of Microsoft. "We are pushing the f ...