UMB Financial Corp Series B Pfd(UMBFO) - 2025 Q4 - Annual Results
2026-01-27 21:06
Exhibit 99.1 UMB Financial Corporation News Release 1010 Grand Boulevard Kansas City, MO 64106 816.860.7000 umb.com KANSAS CITY, Mo. (January 27, 2026) – UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced net income available to common shareholders for the fourth quarter of 2025 of $209.5 million, or $2.74 per diluted share, compared to $180.4 million, or $2.36 per diluted • GAAP net income available to common shareholders of $209.5 million, or $2.74 per diluted common share, ...
UMB(UMBF) - 2025 Q4 - Annual Results
2026-01-27 21:06
Exhibit 99.1 UMB Financial Corporation News Release 1010 Grand Boulevard Kansas City, MO 64106 816.860.7000 umb.com //FOR IMMEDIATE RELEASE// Media Contact: Stephanie Hollander: 816.729.1027 Investor Relations Contact: Kay Gregory: 816.860.7106 UMB Financial Corporation Reports Fourth Quarter and Full-Year 2025 Results • GAAP net income available to common shareholders of $209.5 million, or $2.74 per diluted common share, an increase of 74.6% as compared to the fourth quarter of 2024. • Net operating income ...
CB Financial Services(CBFV) - 2025 Q4 - Annual Results
2026-01-27 21:05
EXHIBIT 99.1 CB Financial Services, Inc. Announces Fourth Quarter and Full Year 2025 Financial Results and Declares Quarterly Cash Dividend Increase of 8% WASHINGTON, PA., January 27, 2026 -- CB Financial Services, Inc. ("CB" or the "Company") (NASDAQGM: CBFV), the holding company of Community Bank (the "Bank"), today announced its fourth quarter and 2025 financial results. | | | | | Three Months Ended | | | | Year Ended | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 12/31/25 | 9/30 ...
TI(TXN) - 2025 Q4 - Annual Results
2026-01-27 21:05
Financial Performance - Q4 2025 revenue was $4.42 billion, a 10% increase year-over-year, but a 7% decrease sequentially [2]. - Net income for Q4 2025 was $1.16 billion, down 3% from $1.20 billion in Q4 2024, with earnings per share at $1.27, a 2% decrease [4]. - Gross profit for Q4 2025 was $2.47 billion, up 7% from $2.31 billion in Q4 2024 [8]. - Operating profit for Q4 2025 was $1.47 billion, a 7% increase from $1.38 billion in Q4 2024 [4]. - Net income for Q4 2025 was $1,163 million, a decrease of 3.5% from $1,205 million in Q4 2024 [14]. Cash Flow and Investments - Cash flow from operations for the trailing 12 months was $7.2 billion, with free cash flow at $2.9 billion, representing a 96% increase year-over-year [2][5]. - Total cash returned to shareholders in the trailing 12 months was $6.5 billion, including $4.99 billion in dividends and $1.48 billion in stock repurchases [2][6]. - Cash flows from operating activities for the year ended December 31, 2025, increased to $7,153 million, up 13% from $6,318 million in 2024 [19]. - Free cash flow for the year ended December 31, 2025, was $2,938 million, representing a 96% increase from $1,498 million in 2024 [19]. - TI invested $3.9 billion in R&D and SG&A, and $4.6 billion in capital expenditures over the past 12 months [2]. Revenue Outlook and Segment Performance - The first quarter 2026 revenue outlook is projected to be between $4.32 billion and $4.68 billion, with earnings per share guidance of $1.22 to $1.48 [2]. - Revenue for the Analog segment in 2025 was $14,006 million, a 15% increase from $12,161 million in 2024 [16]. - Operating profit for the Analog segment rose to $5,412 million, up 17% from $4,608 million in 2024 [16]. - Revenue for the Embedded Processing segment increased to $2,697 million, a 6% rise from $2,533 million in 2024 [16]. - Operating profit for the Embedded Processing segment decreased to $304 million, down 14% from $352 million in 2024 [16]. Assets and Capital Expenditures - TI's total assets decreased to $34.59 billion in 2025 from $35.51 billion in 2024 [12]. - Capital expenditures for the year ended December 31, 2025, were $4,550 million, down from $4,820 million in 2024 [19]. - Cash and cash equivalents at the end of Q4 2025 were $3,225 million, compared to $3,200 million at the end of Q4 2024 [14]. Government Support - Total cash benefit related to the CHIPS Act for the year ended December 31, 2025, was $670 million, compared to $588 million in 2024 [19].
Hanmi Financial (HAFC) - 2025 Q4 - Annual Results
2026-01-27 21:05
Financial Performance - Net income for Q4 2025 was $21.2 million, or $0.70 per diluted share, a decrease of 3.7% from Q3 2025[3] - For the full year 2025, net income increased to $76.1 million, or $2.51 per diluted share, up 22% from $62.2 million in 2024[4] - The effective tax rate for Q4 2025 was 29.5%, with a provision for income taxes of $8.9 million, compared to $9.4 million in Q3 2025[29] - Basic earnings per share for the twelve months ended December 31, 2025, was $2.53, up from $2.06 in 2024[62] - Income before tax grew by 21.8% to $107,927,000 from $88,605,000[61] Income and Expenses - Net interest income for Q4 2025 increased by 2.9% to $62.9 million, driven by lower interest expense on deposits[11] - Noninterest income for Q4-2025 was $8,299 thousand, a decrease of 16.0% from Q3-2025, primarily due to the absence of death benefit claims and a decline in gains from residential mortgage loans[24] - Full-year 2025 noninterest income totaled $34.0 million, an increase of 7.6% from $31.6 million in 2024, driven by higher gains on SBA loans and bank-owned life insurance income[25] - Noninterest expense for Q4-2025 increased to $38.6 million, a rise of 3.5% from Q3-2025, due to higher advertising, personnel costs, and professional fees[26] - Full-year 2025 noninterest expense was $147.8 million, an increase of 4.6% from $141.3 million in 2024, primarily due to higher salaries and benefits[28] Asset and Loan Management - Total assets increased to $7.87 billion as of December 31, 2025, reflecting a 0.2% rise from $7.86 billion at September 30, 2025, driven by a $35.1 million increase in loans receivable[30] - Loans receivable rose to $6.56 billion, a 0.5% increase from the previous quarter, with loan production at $374.8 million[8] - Average interest-earning assets rose to $7,620,166 thousand, reflecting a 1.0% increase from Q3-2025 and a 4.1% increase from Q4-2024[18] - Loans receivable increased to $6,456,239 thousand, up 2.4% from Q3-2025 and 5.8% from Q4-2024[18] - New loan production for Q4 2025 was $374.8 million, with a weighted average interest rate of 6.90%, while payoffs totaled $123.1 million at an average rate of 6.46%[32] Capital and Equity - Stockholders' equity rose to $796.4 million, an increase of $16.8 million from $779.6 million at September 30, 2025, including net income of $13.1 million for Q4[36] - Hanmi's preliminary common equity tier 1 capital ratio was 12.05% as of December 31, 2025, up from 12.00% in the previous quarter[37] - Total risk-based capital ratio for Hanmi was 15.06% at the end of Q4 2025, slightly increasing from 15.05% in Q3 2025[38] - Tangible common equity per common share increased to $26.27 in December 2025 from $25.64 in September 2025[70] - Stockholders' equity to assets ratio rose to 10.12% in December 2025 from 9.92% in September 2025[70] Credit Quality - Nonperforming loans represented 0.28% of total loans, showing an improvement of two basis points from the prior quarter[8] - Criticized loans increased to $97.0 million, or 1.48% of loans, compared to $45.4 million, or 0.69% in the prior quarter[40] - Nonperforming loans decreased to $18.1 million, or 0.28% of loans, down from $19.4 million, or 0.30% in the previous quarter[41] - The allowance for credit losses was $69.9 million at December 31, 2025, stable compared to $69.8 million at September 30, 2025[45] - Credit loss expense for Q4-2025 was $1.9 million, down from $2.1 million in Q3-2025, with $1.7 million attributed to loan losses[22] Market and Operational Efficiency - The efficiency ratio for Q4-2025 was 54.95%, compared to 52.65% in Q3-2025, indicating a decline in operational efficiency[27] - The average yield on loans receivable decreased to 5.94% in Q4-2025 from 6.03% in Q3-2025[19] - The cost of deposits decreased to 2.37% in Q4-2025 from 2.51% in Q3-2025, reflecting improved funding costs[20] - Total interest and dividend income increased by 3.0% to $410,928,000 from $398,783,000[61] - Interest expense decreased by 10.9% to $174,738,000 from $196,009,000[61]
QCR (QCRH) - 2025 Q4 - Annual Results
2026-01-27 21:05
Financial Performance - Fourth quarter 2025 net income was $35.7 million, or $2.12 per diluted share, compared to $36.7 million and $2.16 in the previous quarter[2]. - Adjusted net income for Q4 2025 was $37.3 million, or $2.21 per diluted share, up from $36.9 million and $2.17 in Q3 2025, and $32.8 million and $1.93 in Q4 2024[3]. - The company reported a significant increase in revenue, with a year-over-year growth of 15% to $150 million[39]. - Net income for the quarter was $35,664,000, compared to $36,714,000 in the previous quarter, indicating a slight decrease of 2.9%[43]. - Net income for the year was $127,194,000, an increase of 11.5% compared to $113,850,000 in 2024[46]. - Basic EPS for the year was $7.54, up from $6.77 in the previous year, reflecting a growth of 11.4%[46]. Income and Revenue Growth - Noninterest income for Q4 2025 was $38.7 million, a 6% increase from Q3 2025, with capital markets revenue at $24.5 million[9]. - Total noninterest income for the quarter was $38,665,000, up from $36,651,000 in the prior quarter, reflecting a growth of approximately 5.5%[43]. - Total noninterest income for the year was $114,323,000, a decrease of 1.0% from $115,529,000 in the previous year[46]. - Capital markets revenue for the year was $64,698,000, down from $71,057,000 in the previous year, indicating a decline of approximately 9.5%[46]. Asset and Loan Growth - Total loans grew by $303.7 million, or 17% annualized, in Q4 2025, with full-year loan growth at $800.5 million, or 12%[13]. - Total assets increased to $9,575,470 thousand as of December 31, 2025, compared to $9,568,302 thousand as of September 30, 2025, reflecting a growth of 0.07%[40]. - Net loans/leases stood at $7,076,828 thousand, slightly decreasing from $7,090,151 thousand in the prior quarter, a decline of 0.19%[40]. - LIHTC loan balances within the loan/lease portfolio were $2.4 billion as of December 31, 2025[40]. Deposits and Funding - Core deposits increased by $64.2 million, or 4% annualized, in Q4 2025, with total deposits reaching $7.4 billion, a 5% increase year-over-year[19]. - Total deposits rose to $7,414,198 thousand, up from $7,380,068 thousand in the previous quarter, marking an increase of 0.46%[40]. - Total borrowings decreased to $638,541 thousand from $706,827 thousand, a decline of 9.66%[40]. Efficiency and Cost Management - The adjusted efficiency ratio for Q4 2025 was 56.8%, compared to 55.6% in the prior quarter, with noninterest expenses totaling $62.9 million[15][17]. - The efficiency ratio (Non-GAAP) was 58.73%, an increase from 55.78% in the prior quarter[48]. - The management highlighted a focus on improving operational efficiency, aiming for a 5% reduction in costs by the end of the year[39]. Capital and Liquidity - The total risk-based capital ratio increased to 14.19% as of December 31, 2025, reflecting solid earnings growth and the LIHTC construction loan sale[25]. - There is a commitment to maintaining a strong liquidity position, with a target of keeping cash reserves above $50 million[39]. - Stockholders' equity (GAAP) for QCR Holdings, Inc. was $1,112,311 as of December 31, 2025, compared to $1,086,915 as of September 30, 2025[65]. Market and Strategic Outlook - The company provided an optimistic outlook, projecting a revenue growth of 10-12% for the next quarter[39]. - New product launches are expected to contribute an additional $30 million in revenue over the next fiscal year[39]. - Market expansion efforts are underway, targeting a 25% increase in market share in the Southeast region[39]. - The company is considering strategic acquisitions to enhance its service offerings and customer base[39]. - The company is investing $5 million in research and development for new technologies, including AI integration[39]. Economic Factors and Monitoring - The company is closely monitoring economic factors that could impact performance, including inflation and interest rates[35].
Franklin Financial Services (FRAF) - 2025 Q4 - Annual Results
2026-01-27 21:04
Financial Performance - Net income for Q4 2025 was $6.0 million ($1.35 per diluted share), a 12.9% increase from $5.4 million ($1.19 per diluted share) in Q3 2025 and significantly higher than $487 thousand ($0.11 per diluted share) in Q4 2024[2] - Net income for Q4 2025 was $6,043,000, a significant increase of 91.2% from $487,000 in Q4 2024[16] - Diluted earnings per share rose to $1.35 in Q4 2025, compared to $0.11 in Q4 2024, marking an increase of 1,227.3%[16] - The return on average assets (ROA) for Q4 2025 was 1.05%, and return on average equity (ROE) was 14.20%, compared to ROA of 0.09% and ROE of 1.32% in Q4 2024[2] - The return on average assets improved to 1.05% for Q4 2025, compared to 0.09% in Q4 2024[16] Assets and Equity - Total assets reached $2.239 billion on December 31, 2025, reflecting a 1.9% increase from $2.198 billion at year-end 2024[4] - Total assets as of December 31, 2025, were $2,239,018,000, a slight increase from $2,197,841,000 a year earlier[16] - Shareholders' equity increased by $30.5 million (21.1%) from December 31, 2024, with retained earnings rising by $15.4 million net of dividends[5] - Shareholders' equity increased to $175,242,000 as of December 31, 2025, up from $144,716,000 in the previous year[16] Loans and Deposits - Net loans increased by $160.2 million (11.6%) year-over-year, totaling $1.541 billion on December 31, 2025, driven by growth in commercial real estate and residential loans[4] - Total deposits were $1.836 billion, up 1.1% from $1.816 billion at year-end 2024, despite a $65.0 million reduction in brokered deposits during Q4 2025[4] Income Sources - Interest income for Q4 2025 was $29,040,000, up 8.1% from $26,856,000 in Q4 2024[16] - Net interest income increased by 21.1% year-over-year, reaching $69,646,000 for the twelve months ended December 31, 2025[16] - Noninterest income for Q4 2025 totaled $4.7 million, a significant increase from $288 thousand in Q4 2024, driven by higher wealth management fees and gains on loan sales[7] - Noninterest income surged by 40.2% to $19,176,000 for the twelve months ended December 31, 2025, compared to $13,679,000 in the previous year[16] - Wealth management fees for Q4 2025 were $2.3 million, a 4.6% increase from $2.2 million in Q4 2024, with assets under management at $1.421 billion[2] Credit Quality - The provision for credit losses on loans was $326 thousand for Q4 2025, down from $451 thousand in Q4 2024, indicating improved credit quality[7] - Total provision for credit losses increased by 46.2% year-over-year to $2,899,000 for the twelve months ended December 31, 2025[16] Dividends - The Board of Directors declared a quarterly cash dividend of $0.33 per share for Q1 2026, representing a 3.1% increase over the Q1 2025 dividend[2] Market Performance - The market value per share reached $50.20, reflecting a 67.5% increase from $29.90 a year ago[16]
TD SYNNEX (SNX) - 2025 Q4 - Annual Report
2026-01-27 21:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-K ___________________________________________ (Mark One) For the transition period from_________________to_________________ Commission File Number: 001-31892 ___________________________________________ TD SYNNEX CORPORATION (Exact name of registrant as specified in its charter) ___________________________________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) ...
Finward Bancorp(FNWD) - 2025 Q4 - Annual Results
2026-01-27 21:03
Exhibit 99.1 January 27, 2026 Finward Bancorp Announces Fourth Quarter 2025 Results Munster, Indiana - Finward Bancorp (Nasdaq: FNWD) (the "Bancorp"), the holding company for Peoples Bank (the "Bank"), today announced that net income available to common stockholders was $2.0 million, or $0.46 per diluted share, for the quarter ended December 31, 2025 , as compared to $3.5 million, or $0.81 per diluted share, for the quarter ended September 30, 2025. Selected performance metrics are as follows for the period ...
Northrop Grumman(NOC) - 2025 Q4 - Annual Report
2026-01-27 21:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 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 1-16411 NORTHROP GRUMMAN CORPORATION (Exact name of registrant as specified in its charter) Delaware 80-0640649 Falls Church, Virginia 2 ...