Financial Performance - In Q4 2025, Charter reported total revenue of $13.6 billion, a decline of 2.3% year-over-year, primarily due to lower residential video and political advertising revenues[16] - For the full year 2025, net income attributable to Charter shareholders was $5.0 billion, with Q4 net income at $1.3 billion[6] - Fourth quarter Adjusted EBITDA was $5.7 billion, a decline of 1.2% year-over-year, reflecting a revenue decline of 2.3%[32] - The net income attributable to Charter shareholders for Q4 2025 was $1,332 million, a decrease from $1,466 million in Q4 2024, resulting in a diluted earnings per share of $10.34[58] - Consolidated net income for the three months ended December 31, 2025, was $1,546 million, a decrease from $1,676 million in the same period of 2024[63] Customer Metrics - As of December 31, 2025, Charter served 29.7 million Internet customers, a decrease of 119,000 from the previous quarter[6] - Charter's total customer relationships as of December 31, 2025, were 31.8 million, reflecting a year-over-year decline of 1.1%[7] - Total connectivity quarterly net additions were negative at (95) thousand for the three months ended December 31, 2025, compared to (119) thousand in the previous quarter[66] - The total number of customer relationships, including mobile customers, was revised to better reflect the integrated nature of the business, with adjustments made to prior periods[72] Revenue Breakdown - Internet revenue grew by 0.7% year-over-year to $5.9 billion, driven by promotional rate step-ups and rate adjustments, despite a decline in Internet customers[19] - Mobile service revenue increased by 13.1% year-over-year to $973 million, driven by mobile line growth[20] - Video revenue totaled $3.2 billion, a decrease of 10.3% year-over-year, impacted by a higher mix of lower-priced packages and increased costs allocated to streaming applications[21] - Voice revenue decreased by 10.3% year-over-year to $316 million, primarily due to a decline in wireline voice customers[22] - Fourth quarter 2025 monthly residential revenue per residential customer was $117.19, a decrease of 1.2% year-over-year, attributed to a higher mix of lower-priced video packages and a decline in video customers[18] Capital Expenditures and Cash Flow - Capital expenditures for 2025 amounted to $11.7 billion, including $3.9 billion for line extensions[6] - Free cash flow for the full year 2025 increased to $5.0 billion from $4.3 billion in 2024, driven by lower cash taxes and interest payments[6] - Free cash flow in the fourth quarter was $773 million, a decrease of $211 million year-over-year, driven by higher capital expenditures[36] - Total capital expenditures for the year ended December 31, 2025, were $11,659 million, up from $11,269 million in 2024[69] Debt and Liquidity - As of December 31, 2025, total principal amount of debt was $94.6 billion, with additional liquidity of approximately $4.4 billion[37] - Charter's long-term debt stood at $94,006 million as of December 31, 2025, an increase from $92,134 million in 2024[61] - Cash paid for interest for the year ended December 31, 2025, was $4,983 million, down from $5,334 million in 2024[63] Operational Initiatives - Charter activated 147,000 subsidized rural passings in Q4 2025, contributing to a total of 483,000 for the year[11] - The company plans to launch its Invincible WiFi product in early 2026, featuring a tri-band advanced WiFi 7 router with 5G integration[8] - The company continues to invest in scalable infrastructure to support growth and service enhancements, indicating a commitment to long-term expansion[72] - The subsidized rural construction initiative includes projects receiving government subsidies, highlighting the company's focus on expanding service areas[72] Customer Account Management - As of December 31, 2025, approximately 82,300 customers had accounts over 60 days past due, down from 102,500 customers a year earlier, indicating a 19.7% improvement[72] - The company reported a significant reduction in customers over 90 days past due, with 9,700 customers as of December 31, 2025, compared to 12,100 a year prior, marking a 19.8% decrease[72] - The aging of customer accounts is calculated based on the monthly billing cycle, with a focus on improving collection policies[72]

Financial Performance - Total non-interest revenues for Q4'25 reached $14,458 million, a 10% increase year-over-year from $13,141 million in Q4'24[1] - Net income for Q4'25 was $2,462 million, reflecting a 13% increase compared to $2,170 million in Q4'24[1] - Total revenues net of interest expense after provisions for credit losses were $17,566 million, up 11% from $15,887 million in Q4'24[1] - Basic earnings per share for Q4'25 was $3.53, a 16% increase from $3.04 in Q4'24[1] - Total revenues net of interest expense for FY'25 were $16,926 million, reflecting a 7% growth from $15,859 million in FY'24[18] - Net income attributable to common shareholders for Q4'25 was $10,701 million, compared to $9,995 million in Q4'24, marking a 7% increase[27] Assets and Loans - Total assets increased to $300,052 million in Q4'25, an 11% rise from $271,461 million in Q4'24[2] - Card Member loans, less reserves, grew to $145,923 million, a 9% increase from $133,995 million in Q4'24[2] - Total Card Member loans rose to $213.9 billion, a 7% increase from $199.1 billion in Q4'24[9] - Total loans for Q4'25 reached $100,171 million, an 8% increase from $92,632 million in Q4'24[15] - Total loans for International Card Services increased by 20% year-over-year to $20,828 million in Q4'25 from $17,395 million in Q4'24[21] Expenses and Provisions - Total expenses for Q4'25 amounted to $14,476 million, a 10% increase from $13,131 million in Q4'24[1] - Total provisions for credit losses decreased by 1% year-over-year to $773 million in Q4'25 from $784 million in Q4'24[15] - Total provisions for credit losses in Q4'25 were $359 million, a 15% increase from $311 million in Q4'24[18] - Total provisions for credit losses in Q4'25 were $70 million, significantly higher than the $6 million in Q4'24, indicating a 1,066% increase[24] - Operating expenses for Q4'25 totaled $1,085 million, a 17% increase from $927 million in Q4'24[24] Revenue Streams - Non-interest revenues for Q4'25 reached $5,904 million, an 11% increase from $5,314 million in Q4'24[15] - Non-interest revenues for International Card Services in Q4'25 were $3,192 million, a 17% increase from $2,725 million in Q4'24[21] - Non-interest revenues for Q4'25 reached $1,858 million, an increase of 8% compared to Q4'24's $1,723 million[22] Card Member Metrics - Average proprietary basic Card Member spending increased to $6,696, up 5% from $6,378 in Q4'24[6] - Average proprietary basic Card Member spending increased by 3% year-over-year to $5,574 in Q4'25 from $5,387 in Q4'24[15] - Average proprietary basic Card Member spending increased to $9,151 in Q4'25, a 4% rise from $8,804 in Q4'24[18] - Proprietary new cards acquired totaled 2.9 million in Q4'25, representing a 12.5% year-over-year growth[7] Network and Billed Business - Network volumes increased to $506.2 billion in Q4'25, up 9% year-over-year from $464.0 billion in Q4'24[6] - Billed business reached $445.1 billion in Q4'25, reflecting a 9% increase compared to $408.4 billion in Q4'24[6] - Billed business for Q4'25 was $189.2 billion, a 9% increase from $174.0 billion in Q4'24[15] - Billed business for Q4'25 was $140.9 billion, up 4% from $136.0 billion in Q4'24[18] - The company reported a total of 1,897 million in network volumes for FY'25, a 7% increase from FY'24's $1,764.8 million[24] Tax and Equity - The effective tax rate for Q4'25 was 20.3%, compared to 21.3% in Q4'24[1] - Return on average equity for Q4'25 was 33.9%, slightly down from 34.6% in Q4'24[2] - Return on average equity (ROE) for Q4'25 was 33.9%, down from 35.9% in Q4'24[26] - Average shareholders' equity for Q4'25 was $31,934 million, up from $29,266 million in Q4'24[27] Other Metrics - The net write-off rate for Card Member loans was 2.3% in Q4'25, slightly up from 2.2% in Q4'24[9] - The net write-off rate for principal, interest, and fees was 2.6% in Q4'25, compared to 2.4% in Q4'24[15] - Credit loss reserves for Card Member loans stood at 3.9% of total loans, down from 4.1% in Q4'24[9] - Total other loans increased to $10.9 billion, an 18% rise from $9.2 billion in Q4'24[11] - The average fee per card increased to $122 in Q4'25, up 13% from $108 in Q4'24[6]

Exhibit 99.1 News from Aon Aon Reports Fourth-Quarter and Full-Year 2025 Results DUBLIN - January 30, 2026 - Aon plc (NYSE: AON) today reported results for the three and twelve months ended December 31, 2025. | | | Fourth Quarter 2025 | | | Full Year 2025 | | | --- | --- | --- | --- | --- | --- | --- | | | 2025 | 2024 | Change | 2025 | 2024 | Change | | Total revenue | $4,300 | $4,147 | 4% | $17,181 | $15,698 | 9% | | Organic revenue growth (Non-GAAP) | | | 5% | | | 6% | | Operating margin | 28.1% | 26.3% | ...

Financial Performance - Q4 2025 net loss was $140 million, or $(0.45) per diluted share, with EBITDA of $345 million, or $417 million excluding identified items[7] - Full year 2025 net loss totaled $738 million, or $(2.34) per diluted share, with EBITDA of $1.1 billion, or $2.5 billion excluding identified items[9] - For the year ended December 31, 2025, the company reported a net loss of $738 million, compared to a net income of $1,367 million for the year ended December 31, 2024[29] - EBITDA for the year ended December 31, 2025, was $1,126 million, a significant decrease from $3,460 million in 2024[29] - Net income excluding identified items for the year ended December 31, 2025, was $563 million, compared to $2,038 million in 2024[29] - Diluted earnings per share excluding identified items for the year ended December 31, 2025, was $1.70, down from $6.22 in 2024[35] Cash Flow and Liquidity - Generated $2.3 billion in cash from operating activities with a cash conversion rate of 95%[5] - Cash conversion for the year ended December 31, 2025, was 95%, calculated as net cash provided by operating activities of $2,262 million divided by EBITDA excluding certain identified items[38] - Total liquidity as of December 31, 2025, is $8,099 million, comprising $3,449 million in cash and liquid investments and $4,650 million in available credit facilities[39] Capital Expenditures and Investments - The company plans to invest $1.2 billion in capital expenditures for 2026, focusing on safe operations and ongoing projects like MoReTec-1[13] - In 2025, the company reinvested $1.9 billion through capital expenditures and returned $2.0 billion to shareholders via dividends and share repurchases[10] Dividends and Share Repurchases - Dividends paid on common stock for the year ended December 31, 2025, amounted to $1,764 million, with an additional $201 million spent on share repurchases[40] - The total of dividends and share repurchases for the year reached $1,965 million[40] Operational Challenges - North American polyethylene margins compressed due to higher feedstock costs and lower seasonal demand, impacting overall performance[8] - The company is aligning first quarter operating rates with global demand, planning to operate at approximately 85% for Olefins & Polyolefins Americas assets[14] Strategic Initiatives - LyondellBasell's strategy includes optimizing its business portfolio while maintaining a focus on safety and operational excellence[12] - The Cash Improvement Plan exceeded its $600 million target for 2025 by $200 million, raising the cumulative target to $1.3 billion by the end of 2026[6] - The Cash Improvement Plan announced in April 2025 resulted in employee-related charges across all segments, contributing to the financial performance focus[31] - The company announced plans to sell select olefins and polyolefins assets in Europe in June 2025, leading to associated transaction costs[33] Asset Management - LyondellBasell divested four European assets, expected to complete in Q2 2026[5] - The permanent closure of the Dutch PO joint venture asset in March 2025 resulted in shutdown-related charges of $126 million in the Intermediates & Derivatives segment[32] - The company ceased operations at its Houston refinery in February 2025, with the refining business reported as a discontinued operation[34] Non-Cash Charges - The company recognized non-cash asset write-downs of $1,251 million for the year ended December 31, 2025, including goodwill impairment charges of $400 million and $572 million in the Advanced Polymer Solutions segment[30]

News Release FOR IMMEDIATE RELEASE Media contacts: January 30, 2026 Katie Magnotta 201-602-9235 katie.magnotta@verizon.com Jamie Serino 201-401-5460 jamie.serino@verizon.com Verizon Delivers on 2025 Financial Guidance with Highest Quarterly Net Adds Since 2019 Strong Fourth-Quarter Results and 2026 Guidance Reflect Impact of Bold Actions and Beginning of Verizon's Turnaround Key Highlights: NEW YORK, NY - Verizon Communications Inc. (NYSE, Nasdaq: VZ) today reported fourth-quarter and full-year 2025 results ...

Financial Performance - Reported earnings for Q4 2025 were $2.8 billion ($1.39 per share), down from $3.2 billion ($1.84 per share) in Q4 2024[3] - Adjusted earnings for Q4 2025 were $3.0 billion ($1.52 per share), compared to $3.6 billion ($2.06 per share) in Q4 2024[3] - Total revenues and other income for Q4 2025 were $46.873 billion, down from $52.226 billion in Q4 2024[33] - Net income attributable to Chevron Corporation for Q4 2025 was $2.770 billion, compared to $3.239 billion in Q4 2024[33] - Chevron Corporation reported a net income of $2.77 billion for Q4 2025, down from $3.24 billion in Q4 2024, and a total net income of $12.30 billion for the year, compared to $17.66 billion in 2024[34] - Total adjusted earnings for Q4 2025 were $3,028 million, compared to $3,632 million in Q4 2024, with annual adjusted earnings of $13,521 million versus $18,256 million in 2024[41] - Adjusted earnings per share for Q4 2025 were $1.52, down from $2.06 in Q4 2024, with annual adjusted earnings per share of $7.29 compared to $10.05 in 2024[41] Cash Flow and Capital Expenditures - Cash flow from operations reached $10.8 billion in Q4 2025, an increase from $8.7 billion in Q4 2024[4] - Cash flow from operations (CFFO) for the year was $33.94 billion, an increase from $31.49 billion in 2024[38] - Capital expenditures for 2025 were $17.3 billion, up from $16.4 billion in 2024[10] - Capital expenditures (Capex) totaled $17.35 billion for 2025, compared to $16.45 billion in 2024, with Q4 Capex at $5.26 billion, up from $4.34 billion[36] - The company reported a free cash flow of $16.60 billion for 2025, compared to $15.00 billion in 2024[38] Shareholder Returns - The company returned $27.1 billion to shareholders in 2025, including $12.8 billion in dividends and $12.1 billion in share repurchases[15] - A 4% increase in quarterly dividend to $1.78 per share was announced, payable on March 10, 2026[15] Production and Reserves - Worldwide and U.S. production increased by 12% and 16% respectively in 2025, achieving record levels[7] - The reserve replacement ratio for 2025 was 158%, with year-end proved reserves at approximately 10.6 billion barrels[13] - The acquisition of Hess contributed 261 MBOED to production in 2025, enhancing the company's upstream portfolio[13] Cost Management - Structural cost reductions of $1.5 billion were achieved in 2025, with a target of $3-4 billion by the end of 2026[15] Downstream Performance - U.S. downstream earnings increased due to lower operating expenses, higher margins on refined product sales, and the absence of prior-year severance charges[22] - Refinery crude unit inputs rose by 14% year-over-year, primarily driven by the ramp-up of the Light Tight Oil project and improved reliability at the Pasadena refinery[22] - Refined product sales increased by 3% compared to the previous year, attributed to higher demand for jet fuel[22] - International downstream earnings improved due to higher margins on refined product sales, offset by less favorable foreign currency effects[22] - Refinery crude unit inputs in international operations increased by 2% year-over-year, mainly due to lower turnaround activity at the South Korea affiliate refinery[22] Debt and Assets - Total assets increased to $324.01 billion in 2025 from $256.94 billion in 2024, while total debt rose to $40.76 billion from $24.54 billion[36] - The debt ratio increased to 17.9% in 2025 from 13.9% in 2024, indicating a higher proportion of debt relative to equity[36] Earnings by Segment - Chevron's total upstream earnings for Q4 2025 were $3.04 billion, a decrease from $4.30 billion in Q4 2024, while total downstream earnings improved to $823 million from a loss of $248 million[34] - U.S. Upstream reported earnings of $1,258 million for Q4 2025, down from $1,420 million in Q4 2024, with a total for the year of $5,815 million compared to $7,602 million in 2024[41] - International Upstream earnings were $1,777 million in Q4 2025, a decrease from $2,884 million in Q4 2024, with annual earnings of $7,007 million versus $11,000 million in 2024[41] - U.S. Downstream reported a loss of $230 million in Q4 2025, compared to a loss of $348 million in Q4 2024, with annual earnings of $1,375 million, up from $531 million in 2024[41] - International Downstream earnings increased to $593 million in Q4 2025 from $100 million in Q4 2024, with annual earnings of $1,647 million compared to $1,196 million in 2024[41] Special Items and Impacts - Net charges in the "All Other" segment increased to $(1.088) billion in Q4 2025 from $(0.817) billion in Q4 2024, primarily due to higher corporate tax costs and interest expenses[21] - Special items for the year included a total of $(1,505) million, impacting net income significantly[41] - Foreign currency effects resulted in a total impact of $(130) million in Q4 2025, compared to $722 million in Q4 2024[41] - The company experienced a decrease in total adjusted earnings due to various impairments and severance costs across segments[41] Future Outlook - The company aims to grow its oil and gas business while lowering the carbon intensity of operations and expanding into new energy businesses[21] - Chevron plans to provide forward guidance and sensitivities quarterly, with the next earnings discussion scheduled for January 30, 2026[24]

Financial Performance - Q4 2025 net sales reached $2,817 million, a 7.7% increase year-over-year, with organic sales growth of 4.2%[3] - Operating income for Q4 2025 was $319 million, a decrease of 9.6% compared to Q4 2024, while adjusted operating income was $337 million, down 3.6%[6] - The operating margin for Q4 2025 was 11.3%, a decline of 2.2 percentage points from the previous year, with an adjusted operating margin of 12.0%[6] - Full year 2025 consolidated sales reached $10,815 million, a 4.1% increase from $10,390 million in 2024[41] - Operating income for the full year increased by $109 million, driven by higher gross profit and improved other income[62] - Earnings per share (diluted) for the full year increased by $1.52 to $9.55, reflecting a 19% growth compared to the prior year[65] - Net income for Q4 2025 was $226 million, a decrease of 7.3% from $243 million in Q4 2024, while full-year net income increased by 14% to $736 million from $648 million[66] - Gross profit for the full year 2025 was $2,074 million, up from $1,927 million in 2024, reflecting a 7.6% increase[88] - Operating income for the full year 2025 was $1,088 million, compared to $979 million in 2024, representing a 11.1% increase[88] - The company’s diluted earnings per share for the full year 2025 was $9.55, an increase from $8.04 in 2024, reflecting a 18.8% growth[88] Cash Flow and Capital Management - Operating cash flow for Q4 2025 increased by 30% to a record $544 million, contributing to a full year operating cash flow of $1,157 million[13] - Free operating cash flow for Q4 2025 was $434 million, up 51% from $288 million in Q4 2024, with a cash conversion rate of 192% compared to 118% a year earlier[70] - Cash and cash equivalents at the end of Q4 2025 increased to $604 million from $330 million at the end of Q4 2024[90] - The company reported a net cash provided by operating activities of $1,157 million for the full year 2025, compared to $1,059 million in 2024[90] - Total current liabilities decreased to $3,923 million as of December 31, 2025, from $4,141 million at the end of Q3 2025[89] - Total current assets increased to $4,101 million as of Dec 31, 2025, up from $3,483 million a year earlier, reflecting a growth of 17.7%[94] - Cash conversion (Non-GAAP) for the full year 2025 was reported at 100%, up from 77% in 2024, indicating improved efficiency in converting net income into free operating cash flow[101] Sales and Market Performance - Sales to Chinese OEMs grew by nearly 40% in Q4 2025, with a full year growth of 23%[7] - The company expects continued strong sales performance with COEMs in 2026, driven by new product launches[13] - Organic sales growth for Airbags, Steering Wheels and Other products was 3.4%, driven primarily by side airbags and inflatable curtains[42] - Organic sales growth for Seatbelt Products and Other was 3.5%, with significant contributions from the Americas and Asia excluding China[43] - Global organic sales increased by 3.4%, outperforming the global light vehicle production (LVP) growth of 3.9%[44] - In China, Autoliv's sales to domestic OEMs increased by 23% in 2025, while sales to global OEMs decreased by 7.3%[45] Cost Management and Profitability - The company recovered close to 100% of tariff costs in Q4 2025 and over 80% for the full year, mitigating the impact on profitability[19] - Inflationary cost pressures were partially offset by price increases and customer compensations, with raw material price changes having a minimal impact on profitability[18] - Full year gross profit increased by $147 million, with a gross margin improvement of 0.6 percentage points to 19.2%[58] - S,G&A costs for the full year increased by $40 million, with S,G&A as a percentage of sales rising from 5.1% to 5.3%[59] Debt and Equity - The leverage ratio improved to 1.1x, below the target limit of 1.5x, indicating strong financial management[13] - Net debt as of December 31, 2025, was $1,566 million, a slight increase of 0.8% from $1,554 million a year earlier, primarily due to cash outflows for dividends and share repurchases[72] - Total equity increased by $297 million to $2,582 million as of December 31, 2025, driven by net income and positive currency translation effects[75] - The leverage ratio improved to 1.1x as of December 31, 2025, down from 1.2x a year earlier, with trailing adjusted EBITDA increasing by $127 million[76] Research and Development - Research, development & engineering expenses for Q4 2025 were $94 million, up from $74 million in Q4 2024, a 27.0% increase[88] - Autoliv introduced the world's first foldable steering wheel for autonomous driving in collaboration with Tensor, enhancing safety features during manual and autonomous driving modes[86] Workforce and Operational Efficiency - The total headcount decreased by approximately 900, or 1.4%, compared to the previous year, despite a 4.1% increase in organic sales[78]

102 Duffy Avenue, Hicksville, NY 11801 ● Phone: (516) 683-4420 ● flagstar.com FLAGSTAR BANK RETURNS TO PROFITABILITY IN FOURTH QUARTER 2025 REPORTING NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.05 PER DILUTED SHARE AND ADJUSTED NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.06 PER DILUTED SHARE | | | Fourth Quarter 2025 Summary | | | --- | --- | --- | --- | | | Asset Quality | | Loans and Deposits | | • | Criticized/Classified loans declined $330 million or 2% vs. | • | Total C&I commitments ...

Financial Performance - Flagstar Bank reported net income attributable to common stockholders of $21 million, or $0.05 per diluted share, for Q4 2025, compared to a net loss of $45 million, or $0.11 per diluted share, in Q3 2025[5]. - For the full year 2025, the net loss attributable to common stockholders was $210 million, or $0.50 per diluted share, compared to a net loss of $1,153 million, or $3.49 per diluted share, in 2024[6]. - The diluted loss earnings per share (GAAP) for the year ended December 31, 2025, was $(0.47), compared to $(3.49) for the year ended December 31, 2024[89]. - The net (loss) income (GAAP) for the year ended December 31, 2025, was $29 million, a significant improvement from $(1,118) million in 2024[91]. Loan and Credit Quality - Non-accrual loans decreased by $267 million, or 8%, compared to Q3 2025, while criticized/classified loans declined by $330 million, or 2%[2]. - Total non-accrual loans held for investment decreased by 8% to $2,975 million compared to $3,241 million in Q3 2025, and increased by 14% from $2,615 million in Q4 2024[101]. - Net charge-offs for Q4 2025 totaled $46 million, down 37% from Q3 2025 and down 79% from Q4 2024, representing 0.30% of average loans outstanding[34]. - For the year ended December 31, 2025, total net charge-offs were $351 million, with a charge-off rate of 0.55%, down from $892 million and 1.16% in 2024[107]. - The provision for credit losses in Q4 2025 decreased by $35 million or 92% to $3 million compared to Q3 2025, and down $142 million or 98% year-over-year[33]. Revenue and Income - Total revenues for the year ended 2025 were $2.062 billion, down 19% from $2.552 billion in 2024[39]. - Non-interest income for Q4 2025 was $90 million, down 4% from Q3 2025 and down 45% from Q4 2024[42]. - The year-over-year decline in non-interest income was primarily due to the sale of the Bank's mortgage servicing/subservicing business[43]. - For the year ended 2025, net interest income was $1.721 billion, a decrease of 20% from $2.152 billion in 2024[39]. Expenses and Efficiency - Operating expenses decreased by 3% compared to Q3 2025 and were down 26% for the full year 2025[3]. - Total non-interest expense decreased by 2% to $509 million compared to $522 million in the previous quarter and down 29% from $718 million a year ago[78]. - For the year ended 2025, total non-interest expense was $2.1 billion, down $762 million or 27% compared to 2024[51]. - Efficiency ratio improved to 91.27% for Q4 2025, down from 100.46% in Q3 2025 and 114.98% in Q4 2024[98]. Capital and Assets - The bank's CET1 capital ratio improved to 12.83%, with excess capital of $1.4 billion after tax[2]. - Total assets were $87.5 billion, with total stockholders' equity of $8.1 billion as of December 31, 2025[65]. - Total assets decreased by 5% to $87,512 million compared to $91,668 million in the previous quarter and down 13% from $100,160 million a year ago[76]. - The common equity tier 1 ratio was 12.83% as of December 31, 2025, up from 11.83% a year earlier[64]. Deposits and Funding - Total deposits were $66.0 billion, a decrease of $3.2 billion, or 5%, linked-quarter and down $9.9 billion, or 13%, year-over-year[17]. - The bank reduced brokered deposits by $7.8 billion, or 77%, year-to-date, leading to a 26 basis point improvement in the cost of deposits[18]. - Average interest-bearing deposits decreased by $1.6 billion or 3% to $56 billion from Q3 2025, and declined $9.9 billion or 15% year-over-year[26]. Future Outlook - The bank will host a conference call on January 30, 2026, to discuss its fourth quarter 2025 performance[66]. - The merger with Flagstar Bancorp completed in December 2022 and the acquisition of portions of the former Signature Bank in March 2023 may not yield expected benefits or synergies[71].

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 December 27, 2025 or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from to . Commission File Number: 001-36743 Apple Inc. (Exact name of Registrant as specified in its charter) California 94-2404110 (I.R.S. Employer Identificat ...