Texas Capital Bancshares(TCBI) - 2025 Q1 - Quarterly Report
2025-04-17 20:05
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 March 31, 2025 ☐ 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 001-34657 TEXAS CAPITAL BANCSHARES, INC. (Exact Name of Registrant as Specified in Its Charter) 2000 McKinney Avenue Suite 700 Dallas TX USA 752 ...
Netflix(NFLX) - 2025 Q1 - Quarterly Results
2025-04-17 20:04
Exhibit 99.1 April 17, 2025 Fellow shareholders, | (in millions except per share data) | | Q1'24 | | Q2'24 | | Q3'24 | | Q4'24 | | Q1'25 | | Q2'25 Forecast | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Revenue | $ | 9,370 | $ | 9,559 | $ | 9,825 | $ | 10,247 | $ | 10,543 | $ | 11,035 | | Y/Y % Growth | | 14.8 % | | 16.8 % | | 15.0 % | | 16.0 % | | 12.5 % | | 15.4 % | | Operating Income | $ | 2,633 | $ | 2,603 | $ | 2,909 | $ | 2,273 | $ | 3,347 | $ | 3,675 | | Operating ...
Vasta Platform (VSTA) - 2024 Q4 - Annual Report
2025-04-17 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) ...
RLX Technology(RLX) - 2024 Q4 - Annual Report
2025-04-17 20:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) Commission file number: 001-39902 RLX Technology Inc. | (Exact name of Registrant as specified in its charter) | | | | --- | --- | --- | | N/A | | | | (Translation of Registrant's name into English) | | | | Cayman Islands | | | | (Jurisdiction of incorporation or organization) | | | | 35/F, Pearl International Financial Center | | | | No. 9 Jian'an First Road, Financial Street | | | | Third Distric ...
The Children's Place(PLCE) - 2025 Q4 - Annual Report
2025-04-17 20:01
Washington, D.C. 20549 FORM 10-K (Mark One) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fifty-two weeks ended February 1, 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 0-23071 THE CHILDREN'S PLACE, INC. (Exact name of registrant as specified in its charter) | ...
Westamerica Bancorporation(WABC) - 2025 Q1 - Quarterly Results
2025-04-17 18:02
Financial Performance - Westamerica Bancorporation reported net income of $31.0 million for Q1 2025, with diluted EPS of $1.16, compared to net income of $31.7 million and EPS of $1.19 in Q4 2024[1][11]. - The annualized return on average common equity was 11.9% in Q1 2025, down from 15.2% in Q1 2024[2][11]. - Net Income decreased by 14.8% to $31,037 million in Q1'2025 from $36,417 million in Q1'2024[34]. - Average Diluted Earnings per Common Share decreased by 15.3% to $1.16 in Q1'2025 from $1.37 in Q1'2024[34]. Income and Expenses - The company experienced a 14.7% decrease in net interest income (FTE) to $56.4 million in Q1 2025, down from $66.1 million in Q1 2024[3][11]. - Noninterest income for Q1 2025 totaled $10.3 million, a slight increase of 2.2% from $10.1 million in Q1 2024[4][11]. - Total Noninterest Income increased by 2.2% to $10,321 million in Q1'2025 from $10,097 million in Q1'2024[34]. - Noninterest expenses decreased by 3.7% to $25.1 million in Q1 2025, compared to $25.9 million in Q4 2024, primarily due to lower salaries and benefits[5][11]. - Total Noninterest Expense decreased by 3.7% to $25,127 million in Q1'2025 from $26,099 million in Q1'2024[34]. - Total Interest and Loan Fee Income decreased by 13.5% to $59,491 million in Q1'2025 from $68,746 million in Q1'2024[33]. - Net Interest and Loan Fee Income fell by 14.7% to $56,095 million in Q1'2025 compared to $65,745 million in Q1'2024[33]. Assets and Liabilities - Total assets decreased by 5.2% to $6.19 billion in Q1 2025, down from $6.53 billion in Q1 2024[15][11]. - Total assets decreased by 7.7% to $5,966,624,000 from $6,464,685,000 year-over-year[28]. - Total deposits fell by 7.8% to $4.96 billion in Q1 2025, compared to $5.38 billion in Q1 2024[17][11]. - Total deposits decreased by 9.0% to $4,874,095,000 from $5,354,925,000 year-over-year[31]. - Total loans outstanding decreased by 8.7% to $771,030,000 from $844,677,000 year-over-year[24]. - Total interest-bearing liabilities were $2,770,099, with an interest expense of $3,396 and a rate of 0.50%[19]. Credit Losses - The company recognized a reversal of provision for credit losses of $550 thousand in Q1 2025, with an allowance for credit losses on loans at $13.9 million[4][11]. - The allowance for credit losses on loans at the end of Q1'2025 was $13,914, a decrease of 12.4% from $15,879 in Q1'2024[23]. - Provision for Credit Losses showed a reversal of $550 million in Q1'2025 compared to a provision of $300 million in Q1'2024[33]. - The gross allowance for credit losses recoveries to gross losses ratio improved to 82% in Q1'2025 from 36% in Q1'2024[23]. - Total nonperforming loans decreased by 81.3% to $277,000 from $1,483,000 year-over-year[24]. Shareholder Information - The company paid a dividend of $0.44 per common share during Q1 2025, maintaining the same payout as in Q1 2024[12][11]. - Common equity per share increased by 18.0% to $35.02 from $29.68 year-over-year[28]. - Average retirement price for total shares retired was $50.96, with 361 shares retired[28]. Other Financial Metrics - Cash balances increased by 67.5% to $727,336,000 from $434,250,000 year-over-year[30]. - Interest-Bearing Cash increased significantly by 193.6% to $6,703 million in Q1'2025 from $2,283 million in Q1'2024[33]. - Merchant processing services revenue increased by 9.0% to $2,733 in Q1'2025 compared to $2,507 in Q1'2024[22]. - Trust Fees increased by 13.2% to $899 million in Q1'2025 from $794 million in Q1'2024[34].
SL Green(SLG) - 2025 Q1 - Quarterly Results
2025-04-17 17:45
SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in- house capabilities in property management, acquisitions and dispositions, debt investing, financing, development, redevelopment, construction and leasing. As of March 31, 2025, the Company held interests in 55 buildings totaling 30.8 million square feet. This included ownership interests in 27.2 million square feet in Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments. Question ...
Forestar (FOR) - 2025 Q2 - Quarterly Results
2025-04-17 17:19
Financial Performance - Net income for Q2 fiscal 2025 decreased 30% to $31.6 million, or $0.62 per diluted share, compared to $45.0 million, or $0.89 per diluted share in Q2 fiscal 2024[2] - For the first six months of fiscal 2025, net income decreased 42% to $48.1 million, with revenues decreasing 6% to $601.3 million compared to the same period in fiscal 2024[3] - The company expects to deliver between 15,000 and 15,500 lots generating $1.5 billion to $1.55 billion of revenue for fiscal 2025, down from previous guidance of 16,000 to 16,500 lots generating $1.6 billion to $1.65 billion[12] Revenue and Sales - Revenues for Q2 fiscal 2025 increased 5% to $351.0 million from $333.8 million in the same quarter of fiscal 2024[2] - Total revenues for Q1 2025 reached $351.0 million, a 5.1% increase from $333.8 million in Q1 2024[25] - Lot banking projects generated $8.0 million in revenue for Q1 2025, significantly up from $0.7 million in Q1 2024[25] Lot Sales and Position - Lots sold during Q2 fiscal 2025 increased 4% to 3,411 lots compared to 3,289 lots in the same quarter of fiscal 2024[5] - Residential lots sold in Q1 2025 totaled 3,411, up from 3,289 in Q1 2024, representing a 3.7% increase[25] - The total lots owned as of March 31, 2025, increased to 68,400, up from 57,800 on September 30, 2024, marking a 18.0% growth[26] - Total lots owned and controlled reached 105,900 as of March 31, 2025, compared to 95,100 on September 30, 2024, indicating a 11.3% increase[26] - Owned lots under contract to sell to D.R. Horton rose to 24,700, up from 20,500, which is a 20.0% increase[26] - Owned lots fully developed increased to 9,500 as of March 31, 2025, compared to 6,300 on September 30, 2024, representing a 50.8% growth[26] Financial Position and Liquidity - The company ended the quarter with $174.3 million of unrestricted cash and $617.7 million of available borrowing capacity, totaling $792.0 million in liquidity[9] - Debt at March 31, 2025, totaled $872.5 million, with a net debt to total capital ratio of 29.8%[10] - Return on equity was 10.7% for the trailing twelve months ended March 31, 2025[4] - Book value per share increased 11% to $32.36[8] Future Outlook - The company anticipates continued growth in residential lot sales and is focused on expanding its development projects[25] - The company reported a decrease in contract liabilities, with a reduction of $2.1 million in Q1 2024[25]
Great Southern Bancorp(GSBC) - 2025 Q1 - Quarterly Results
2025-04-17 17:15
Financial Performance - For Q1 2025, Great Southern Bancorp reported earnings of $1.47 per diluted common share, up from $1.13 in Q1 2024, reflecting a net income increase to $17.2 million from $13.4 million[1]. - Net income for the three months ended March 31, 2025, was $17,160,000, up from $13,407,000 for the same period in 2024, representing a 28% increase[54]. - Earnings per common share for the three months ended March 31, 2025, were $1.47, compared to $1.14 for the same period in 2024, representing an increase of 29.0%[60]. - The annualized return on average common stockholders' equity increased to 11.30% for the first quarter of 2025, up from 9.36% in the first quarter of 2024[54]. - The annualized return on average assets improved to 1.15% for the three months ended March 31, 2025, compared to 0.93% for the same period in 2024[54]. Income and Expenses - Net interest income increased by $4.5 million (10.1%) to $49.3 million in Q1 2025, driven by higher interest income on loans and lower interest expense on deposits[5]. - Non-interest income for Q1 2025 was $6.6 million, a decrease of $216,000 compared to Q1 2024, with no significant changes in individual components[12]. - Non-interest expense increased by $400,000 to $34.8 million in Q1 2025, with an efficiency ratio of 62.27%, improved from 66.68% in Q1 2024[13]. - Noninterest expense for the three months ended March 31, 2025, was $34,822 million, slightly up from $34,422 million in the same period of 2024[60]. Asset and Capital Management - Total assets were approximately $5.99 billion at March 31, 2025, reflecting careful management of the loan portfolio and credit quality[6]. - Total stockholders' equity rose to $613.3 million as of March 31, 2025, up from $599.6 million at December 31, 2024, reflecting a $17.2 million net income[17]. - The Tier 1 Leverage Ratio was 11.3% and the Common Equity Tier 1 Capital Ratio was 12.4% as of March 31, 2025, indicating a strong capital position[5]. - The tangible common equity to tangible assets ratio improved to 10.08% as of March 31, 2025, compared to 9.87% as of March 31, 2024[69]. Loans and Deposits - Total deposits increased by $152.5 million in Q1 2025, with brokered deposits rising by $123.3 million, or 16.0%[25]. - Total net loans remained flat at $4.69 billion as of March 31, 2025, with increases in multi-family and construction loans offset by declines in commercial real estate and one-to-four-family residential loans[27]. - Total loans receivable increased to $4,756,057 million for the three months ended March 31, 2025, from $4,665,866 million in the same period of 2024[64]. Non-Performing Assets - Non-performing assets totaled $17.0 million at March 31, 2025, with non-performing assets at $9.5 million (0.16% of total assets), showing stability compared to previous quarters[5]. - Non-performing assets decreased to $9,518,000 as of March 31, 2025, compared to $9,566,000 on December 31, 2024[53]. - Non-performing loans decreased by $91,000 compared to December 31, 2024, totaling $3,482,000 as of March 31, 2025[34]. - Potential problem loans increased by $390,000 compared to December 31, 2024, reaching a total of $7,452,000 as of March 31, 2025[37]. Future Outlook and Plans - The Company expects its effective tax rate to be approximately 18.0% to 20.0% in future periods[16]. - The Board of Directors approved a new stock repurchase program in April 2025, authorizing the purchase of up to one million additional shares[21]. - The company plans to host a conference call on April 17, 2025, to discuss preliminary earnings for the first quarter of 2025[47]. Operational Developments - The company installed 10 ITM units in the St. Louis, Mo. market, enhancing customer service with live teller options[42]. - Construction of a new banking center in Springfield, Mo. began in March 2025, expected to be completed in Q4 2025[43]. - Technology updates are ongoing with the current core provider, with project completions expected to begin in Q3 2025[41].
Permian Basin Royalty Trust(PBT) - 2025 Q1 - Quarterly Results
2025-04-17 16:33
Exhibit 99.1 Permian Basin Royalty Trust PERMIAN BASIN ROYALTY TRUST ANNOUNCES APRIL CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES DALLAS, Texas, April 17, 2025 – Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.019615 per unit, payable on May 14, 2025, to unit holders of record on April 30, 2025. The distribution does not include proc ...