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Visionary Education Technology (GV) - 2025 Q4 - Annual Report
2026-01-28 20:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(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 March 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 _______________ OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 ...
Progressive(PGR) - 2025 Q4 - Annual Results
2026-01-28 19:49
Exhibit 99.1 PROGRESSIVE REPORTS DECEMBER RESULTS MAYFIELD VILLAGE, OHIO -- January 28, 2026 -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended December 31, 2025: | (millions, except per share amounts and ratios; | | | | December | | | | | Quarter | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | unaudited) | | 2025 | | 2024 | Change | | 2025 | | 2024 | Change | | Net premiums written | $ | 6,313 | $ | 5,964 | 6 % | $ | 19,5 ...
NVR(NVR) - 2025 Q4 - Annual Results
2026-01-28 18:47
Financial Performance - For Q4 2025, NVR reported net income of $363.8 million, a decrease of 20% from $457.4 million in Q4 2024, with diluted earnings per share down 13% to $121.54[1][2] - Consolidated revenues for the year ended December 31, 2025, were $10.32 billion, a 2% decrease from $10.52 billion in 2024, with net income also down 20% to $1.34 billion[2] - Homebuilding revenues for Q4 2025 were $2.64 billion, down 5% from $2.78 billion in Q4 2024, with a gross profit margin decreasing to 20.4%[4] - The effective tax rate for Q4 2025 was 22.4%, up from 20.1% in Q4 2024, primarily due to lower income tax benefits recognized[8] - Contract land deposit impairments negatively impacted gross profit margins, totaling approximately $75.9 million for the year ended December 31, 2025[5] Orders and Backlog - New orders in Q4 2025 increased by 3% to 4,951 units, while the average sales price decreased by 3% to $454,200 compared to Q4 2024[3] - The cancellation rate in Q4 2025 was 16.6%, slightly improved from 16.9% in Q4 2024, but settlements decreased by 8% to 5,668 units[3] - The backlog of homes sold but not settled as of December 31, 2025, decreased by 15% to 8,448 units, with a dollar value decrease of 16% to $4.01 billion compared to the previous year[3] - New orders for the year ended December 31, 2025, totaled 20,410 units with an average price of $456.2 thousand, compared to 22,560 units at an average price of $457.7 thousand in 2024, indicating a decrease in both units and average price[20] - The cancellation rate for new orders was 16.6% for the three months ended December 31, 2025, slightly improved from 16.9% in the same period of 2024[22] - The total backlog as of December 31, 2025, was 8,448 units with an average price of $474.4 thousand, down from 9,953 units at an average price of $481.4 thousand in 2024[20] Mortgage Banking - Mortgage closed loan production in Q4 2025 totaled $1.51 billion, an 11% decrease from Q4 2024, while income before tax from the mortgage banking segment increased by 24% to $57.2 million[6] - For the year ended December 31, 2025, mortgage closed loan production decreased by 4% to $6.04 billion, with income before tax from the mortgage banking segment down 2% to $152.0 million[7] - Loan closings in mortgage banking for the year ended December 31, 2025, were $6,039,621 thousand, down from $6,260,428 thousand in 2024, reflecting a decrease of approximately 3.5%[22] - The capture rate for mortgage banking remained stable at 84% for the year ended December 31, 2025, compared to 86% in 2024[22] Shareholder Equity and Liabilities - Total liabilities decreased from $2,170,916 thousand as of December 31, 2024, to $1,992,061 thousand as of December 31, 2025, representing a reduction of approximately 8.2%[18] - Shareholders' equity decreased from $4,210,072 thousand in 2024 to $3,864,869 thousand in 2025, a decline of about 8.2%[18] Share Repurchase and Outstanding Shares - The aggregate cost of shares repurchased in 2025 was $1,818,595 thousand, compared to $2,057,677 thousand in 2024, indicating a decrease of approximately 11.6%[22] - The number of shares outstanding decreased from 3,011,644 at the end of 2024 to 2,799,387 at the end of 2025, a reduction of about 7.0%[22] Community Growth - The average active communities increased to 450 in 2025 from 426 in 2024, showing a growth of about 5.6%[22]
VF(VFC) - 2026 Q3 - Quarterly Report
2026-01-28 17:37
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 December 27, 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: 1-5256 V. F. CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpora ...
Provident Financial Services(PFS) - 2025 Q4 - Annual Results
2026-01-28 17:07
Provident Financial Services, Inc. Announces Fourth Quarter and Full Year Earnings, and Annual Meeting Date ISELIN, NJ, January 27, 2026 - Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported net income of $83.4 million, or $0.64 per basic and diluted share for the three months ended December 31, 2025, compared to $71.7 million, or $0.55 per basic and diluted share, for the three months ended September 30, 2025 and $48.5 million, or $0.37 per basic and diluted share, for the three months e ...
Capitol Federal Financial(CFFN) - 2026 Q1 - Quarterly Results
2026-01-28 16:35
Financial Performance - Total assets reached $9.78 billion, with stockholders' equity at $1.04 billion and net income of $20.3 million for the quarter ended December 31, 2025[2]. - Net income increased to $20.3 million, up from $18.8 million in the prior quarter, with earnings per share of $0.16[4]. - The Company reported net income of $20.3 million, or $0.16 per share, for the current quarter, an increase of 31.6% compared to $15.4 million, or $0.12 per share, for the prior year quarter[29][45]. - Net income for the quarter was $20,304 thousand, representing an increase of 7.9% from $18,813 thousand in the previous quarter and a 31.5% increase from $15,431 thousand year-over-year[68]. - The effective tax rate increased to 19.5% from 19.2% in the prior year quarter, primarily due to higher pretax income[45][46]. Loan and Deposit Growth - Commercial loan portfolio grew by $162.6 million, or 30.7% annualized, reaching $2.28 billion, while commercial deposits increased by $19.5 million, or 15.3% annualized[4]. - Loans receivable increased by $64.8 million during the quarter, with commercial loans growing by $162.6 million, while one- to four-family loans decreased by $98.6 million[50]. - Deposits rose by $167.2 million, primarily due to the Bank's high yield savings account offering, which had an annual percentage yield of 3.80% as of December 31, 2025[51]. - Total deposits increased to $6,062,459 thousand, up from $5,935,167 thousand in the previous quarter and $5,618,365 thousand year-over-year[70]. Interest Income and Margin - Total interest and dividend income rose to $105.989 million, an increase of 8.6% from $97.622 million in the prior year quarter[31]. - Net interest income increased, contributing to a net interest margin rise of 33 basis points, from 1.86% in the prior year quarter to 2.19% in the current quarter[29]. - The net interest margin for the quarter was 2.19%, an increase from 2.09% in the previous quarter and from 1.86% year-over-year[72]. - Total interest and dividend income for the three months ended December 31, 2025, was $105,989 thousand, an increase of 1.9% from $104,044 thousand in the previous quarter and a 8.5% increase from $97,622 thousand in the same quarter last year[68]. Efficiency and Expenses - The efficiency ratio improved to 53.66%, down from 56.84% in the prior quarter[4]. - The Company's efficiency ratio improved to 53.66% from 57.86% in the prior year quarter, indicating better cost management relative to revenue generation[25][43]. - Non-interest expense totaled $30.476 million, a 12.3% increase from $27.148 million in the prior year quarter, driven by higher salaries and employee benefits[41]. - Total non-interest expense was $30,476 thousand, down 1.7% from $31,018 thousand in the previous quarter and up 12.5% from $27,148 thousand year-over-year[68]. Shareholder Returns - The company repurchased 2,376,633 shares at an average price of $6.86 per share, totaling $16.3 million in the first quarter of fiscal year 2026[12]. - Total dividends declared and paid during fiscal year 2025 were $44.3 million, with a regular quarterly cash dividend of $0.085 per share planned for the remainder of fiscal year 2026[12]. - The Company has returned $2.03 billion in capital to stockholders since its second-step conversion, including $1.58 billion in dividends and $456.2 million in stock repurchases[59]. Credit Quality and Risk - The provision for credit losses was recorded at $1.1 million, up from $519 thousand in the prior quarter, primarily due to commercial loan growth[19]. - The allowance for credit losses (ACL) ratio for commercial loans decreased as of December 31, 2025, primarily due to changes in the composition of the commercial and industrial loan portfolios[120]. - Non-performing assets totaled $49.3 million as of December 31, 2025, accounting for 0.50% of total assets, compared to $48.3 million and 0.49% in September 2025[112]. - The total amount of nonaccrual loans was $48.9 million, representing 0.60% of total loans as of December 31, 2025, slightly up from 0.59% in September 2025[112]. Securities and Borrowings - The securities portfolio at amortized cost was $829.7 million, with a weighted average yield of 5.48% and a weighted average life of 4.1 years as of December 31, 2025[130]. - The weighted average effective rate for term borrowings as of December 31, 2025, was 3.65%, with total borrowings amounting to $1,829,816 thousand[140]. - The projected one-year gap between interest-earning assets and interest-bearing liabilities was $(1.23) billion, or (12.6%) of total assets, an increase from $(983.6) million, or (10.1%) of total assets, at September 30, 2025[144].
First Commonwealth Financial(FCF) - 2025 Q4 - Annual Results
2026-01-28 14:42
Financial Performance - Net income for Q4 2025 was $44.9 million, or $0.43 per share, an increase of $3.5 million, or $0.04 per share from Q3 2025, and an increase of $9.0 million, or $0.08 per share from Q4 2024[4] - Net income for the year ended December 31, 2025, was $152.3 million, compared to $142.6 million in 2024, marking a 6.0% increase[32] - Net income for the quarter was $44,876, up from $41,328 in the prior quarter and $35,849 in the same quarter last year, reflecting a year-over-year growth of 25.3%[40] - Total net income for Q4 2025 reached $44,876,000, up from $41,328,000 in Q3 2025, representing a 6.2% increase[41] Revenue and Income Sources - Core pre-tax pre-provision net revenue (PPNR) for Q4 2025 totaled $63.2 million, an increase of $0.2 million from Q3 2025 and an increase of $11.8 million from Q4 2024[4] - Net interest income (FTE) for Q4 2025 was $113.6 million, an increase of $2.1 million from Q3 2025 and an increase of $18.1 million from Q4 2024[13] - Interest income for Q4 2025 reached $163,925,000, up 9.2% from $149,996,000 in Q4 2024[33] - Total noninterest income for the year ended December 31, 2025, was $96,824,000, down 2.9% from $99,231,000 in 2024[33] Asset and Loan Growth - Average deposits increased by $72.0 million, or 2.8% annualized, compared to the prior quarter, while total loans increased by $28.6 million, or 1.2% annualized[8] - Total loans for the year ended December 31, 2025, grew by $743.7 million, or 8.2% compared to the prior year[14] - Total loans and leases amounted to $9,779,491, an increase from $9,750,854 in the previous quarter and $9,035,745 year-over-year[36] - Total assets as of December 31, 2025, were $12,343,036,000, a 6.5% increase from $11,584,936,000 a year earlier[34] Efficiency and Ratios - The core efficiency ratio for Q4 2025 was 52.84%, an increase of 54 basis points from Q3 2025 and a decrease of 323 basis points from Q4 2024[22] - The core efficiency ratio improved to 54.42% for the year ended December 31, 2025, compared to 55.36% in the previous year[24] - The return on average assets (ROAA) for Q4 2025 was 1.46%, compared to 1.34% in Q3 2025 and 1.23% in Q4 2024[8] - The return on average tangible common equity was 15.90%, an increase from 14.96% in the previous quarter and 14.40% year-over-year[40] Credit Quality - The provision for credit losses in Q4 2025 was $7.0 million, a decrease of $4.3 million compared to Q3 2025[16] - Nonperforming loans totaled $91.8 million, an increase of $3.1 million from the previous quarter, representing 0.94% of total loans[17] - Nonperforming loans as a percentage of end-of-period loans and leases was 0.94% at December 31, 2025, compared to 0.91% in the previous quarter[32] - Net charge-offs for the quarter were $11,272, a decrease from $12,247 in the previous quarter and $13,691 year-over-year, indicating improved asset quality[37] Expenses - For the year ended December 31, 2025, noninterest expense totaled $290.4 million, an increase of $20.5 million from the prior year, primarily due to a $14.7 million rise in salaries and benefits[23] - The company reported a total noninterest expense of $294,828,000 for the year ended December 31, 2025, an increase of 8.8% from $270,745,000 in 2024[33] Capital and Dividends - Capital ratios at December 31, 2025, included Total Capital at 14.5%, Tier I at 12.7%, Leverage at 10.9%, and Common Equity Tier I at 12.1%, exceeding Basel III requirements[26] - First Commonwealth Financial Corporation declared a quarterly dividend of $0.135 per share, reflecting a 3.9% increase from the fourth quarter of 2024[25] Future Outlook - The company will host a quarterly conference call on January 28, 2026, to discuss its financial results for the fourth quarter and full year 2025[27] - The company operates 126 community banking offices across 30 counties in Pennsylvania and Ohio, providing a full range of financial services[28]
Amphenol(APH) - 2025 Q4 - Annual Results
2026-01-28 14:24
Exhibit 99.1 Amphenol News Release World Headquarters 358 Hall Avenue Wallingford, CT 06492 Telephone (203) 265-8900 AMPHENOL REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2025 RESULTS Fourth Quarter 2025 Highlights: ● Sales of $6.4 billion, up 49% in U.S. dollars and 37% organically compared to the fourth quarter of 2024 ● GAAP Diluted EPS of $0.93, up 58% compared to prior year ● Adjusted Diluted EPS of $0.97, up 76% compared to prior year ● GAAP and Adjusted Operating Margin of 26.8% and 27.5%, respectivel ...
John Marshall Bancorp(JMSB) - 2025 Q4 - Annual Results
2026-01-28 14:10
Exhibit 99.1 For Immediate Release January 28, 2026 Strong Loan Demand, Net Interest Margin Growth, and Better Efficiency Drive 42% Annualized Increase in Earnings Per Share. Reston, VA – John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the "Company"), parent company of John Marshall Bank (the "Bank"), reported net income of $5.9 million for the quarter ended December 31, 2025 compared to $4.8 million for the quarter ended December 31, 2024, an increase of $1.1 million or 23.9%. Diluted earnings per common share ...
Monro(MNRO) - 2026 Q3 - Quarterly Report
2026-01-28 13:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-Q ____________________________________________________________ (Exact name of registrant as specified in its charter) ____________________________________________________________ New York 16-0838627 (Mark One) x 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 ¨ ...