Financial Performance - Net sales for the first quarter were $4.7 billion, representing a 22% increase year over year, with 15% organic growth[6] - GAAP diluted EPS from continuing operations was $2.53, a 45% increase year over year, while adjusted EPS was $2.72, up 33% year over year[6] - GAAP operating margin improved to 20.6%, an increase of 260 basis points year over year, and adjusted operating margin expanded to 22.2%, up 180 basis points[6] - Record orders reached $5.1 billion, marking a 28% increase year over year and a 9% sequential increase[6] - Total net sales for the quarter reached $4,669 million, representing a 21.7% growth compared to $3,836 million in the prior year[31] - Operating income increased to $963 million with an operating margin of 20.6%, compared to $690 million and 18.0% in the previous year[31] - For the year ended September 26, 2025, TE Connectivity achieved total operating income of $3,211 million, adjusted to $3,584 million[39] - The operating margin for the year ended September 26, 2025, was 18.6%, adjusting to 20.8%[39] - Diluted earnings per share from continuing operations for the year ended September 26, 2025, was reported at $6.16, adjusted to $9.27[39] Cash Flow and Shareholder Returns - Cash flow from operating activities was $865 million, with free cash flow of $608 million, and $615 million returned to shareholders[6] - Free cash flow for the quarter was $608 million, down from $674 million in the same quarter last year[29] - The company repurchased ordinary shares worth $405 million during the quarter, up from $303 million in the previous year[28] Future Outlook - The company expects second quarter sales of approximately $4.7 billion, a 13% increase year over year, and adjusted EPS of approximately $2.65, up 20% year over year[8] - The outlook for the quarter ending March 27, 2026, includes an expected diluted earnings per share from continuing operations of $2.26, adjusted to $2.65[41] - TE Connectivity anticipates a net sales growth of 13.4% for the quarter ending March 27, 2026, with organic net sales growth projected at 6.2%[41] Segment Performance - Transportation Solutions segment net sales were $2,467 million, up 10.0% from $2,243 million, while Industrial Solutions segment net sales rose to $2,202 million, a 38.2% increase from $1,593 million[31] Expenses and Taxation - Research, development, and engineering expenses were $225 million, up from $188 million year over year[25] - The effective tax rate for the quarter was 21.9%, with income from continuing operations reported at $751 million[33] - The effective tax rate for the quarter ended March 28, 2025, was reported at 98.3%, significantly higher than the adjusted rate of 22.2%[37] - The company reported a significant income tax expense of $1,361 million for the year ended September 26, 2025, impacting overall profitability[39] Assets and Liabilities - The company reported a total of $8,368 million in current assets, an increase from $7,966 million in the previous quarter[27] - Total liabilities increased to $12,416 million from $12,351 million in the prior quarter[27] Capital Expenditures - Capital expenditures for the quarter were $258 million, compared to $205 million in the same quarter last year[28] Accounting Changes - The company is excluding amortization expense on intangible assets from its non-GAAP financial measures starting in fiscal 2026[9]

Financial Performance - For the three months ended November 30, 2025, the company reported a net loss of approximately $6.4 million, compared to a net loss of approximately $0.7 million for the same period in the prior year, reflecting an increase in net loss driven by a non-cash loss related to digital asset holdings [160]. - Revenue for the three months ended November 30, 2025, was approximately $0.7 million, a decrease of approximately $44 thousand, or 5.8%, compared to $0.8 million in the prior-year period, attributed to continued softness in mortgage origination activity [161]. - The company recorded a net loss of $6.4 million for the three months ended November 30, 2025, with negative operating cash flows of $498,367 [208]. Operating Expenses - Total operating expenses increased to approximately $7.3 million for the three months ended November 30, 2025, compared to approximately $1.5 million in the same period of the prior year, primarily due to a $6.1 million non-cash loss from digital asset fair value changes [162]. - Selling, general and administrative expenses decreased by approximately 5.4%, while advertising and marketing expenses declined by approximately 54% due to reduced discretionary spending [163]. - SG&A expenses decreased to $394,851 for the three months ended November 30, 2025, from $417,406 in the prior-year period, representing a decrease of approximately 5.4% [191]. - Advertising and marketing expenses decreased by approximately 54.4% to $124,398 for the three months ended November 30, 2025, compared to $273,009 in the same period last year [202]. Mortgage Activity - Mortgage origination volume increased to approximately $457.1 million for the three months ended November 30, 2025, compared to $424.1 million in the prior-year period, representing an increase of approximately 7.8% driven by higher renewal and refinance activity [184]. - Early indicators in the fourth quarter reflected increased mortgage application volumes and lead-generation activity, primarily driven by renewal and refinance demand, positioning the company for a gradual recovery in mortgage activity [159]. Digital Assets - The company invested approximately $11.8 million in Injective digital assets during the quarter, with plans to pursue up to $100 million in aggregate investment, subject to market conditions [158]. - The company recognized a fair value loss of $6.1 million on digital assets during the quarter, which is presented within operating expenses [165]. Cash Flow and Liquidity - Net cash used in operating activities improved to $489,745 for the three months ended November 30, 2025, compared to $663,597 in the prior-year period, representing a reduction of $173,852 [215]. - Net cash provided by financing activities totaled $11.95 million for the three months ended November 30, 2025, compared to $1.19 million in the prior-year period, primarily due to additional borrowings [217]. - Net cash used in investing activities was $12.11 million for the three months ended November 30, 2025, compared to $0.28 million in the prior-year period, driven by purchases of Injective digital assets [218]. - As of November 30, 2025, the Company had cash and cash equivalents of $1.48 million, down from $2.34 million at the same time last year, reflecting significant investing outflows [219]. Assets and Liabilities - As of November 30, 2025, the Company's total current assets decreased to $1,789,874 from $2,319,595 as of August 31, 2025, representing a decrease of approximately $529,721 [221]. - Total current liabilities increased significantly to $14,793,034 as of November 30, 2025, from $3,001,691 as of August 31, 2025, driven by the recognition of a loan payable of $11,983,087 [224]. - Trade and other receivables increased to $143,732 as of November 30, 2025, compared to $92,223 at August 31, 2025, reflecting the timing of billings and collections [223]. - Prepaid expenses and deposits increased to $166,975 as of November 30, 2025, from $110,001 as of August 31, 2025, due to advance payments for various services [223]. - Accounts payable and accrued liabilities decreased modestly to $2,001,934 from $2,125,160, reflecting the timing of vendor payments [224]. Strategic Investments - The Company invested in a commercial mortgage firm, MCommercial, representing 5% of the total issued shares, enhancing product offerings and service levels [239]. - The Company acquired 5% of the total issued shares of Mortgage Alliance Corporation, expanding its presence in the mortgage brokerage sector [240]. Management Outlook - Management believes existing cash resources and expected operating cash flows are sufficient to meet short-term obligations [225]. - The Company operates under U.S. GAAP, requiring estimates and assumptions that may differ from actual results [226].

Financial Performance - Wintrust Financial Corporation reported record net income of $823.8 million, or $11.40 per diluted common share, for the year ended December 31, 2025, representing a 19% increase from $695.0 million, or $10.31 per diluted common share, in 2024[2]. - For the fourth quarter of 2025, net income was $223.0 million, or $3.15 per diluted common share, compared to $216.3 million, or $2.78 per diluted common share, in the third quarter of 2025[3]. - Net income for Q4 2025 was $223,024 thousand, reflecting a 3.6% increase compared to $216,254 thousand in the previous quarter[44]. - Net income applicable to common shares for the quarter was $214,657 thousand, up from $188,913 thousand in the prior quarter, representing a growth of 13.5%[94]. - Basic net income per common share for the same period was $3.21, up from $2.82 in the previous quarter, reflecting a 13.8% increase[95]. Loan and Deposit Growth - Total loans increased by $1.0 billion, or 8% annualized, and total deposits also increased by $1.0 billion, or 7% annualized, in the fourth quarter of 2025[5]. - Total loans increased to $53.11 billion, reflecting an 8% growth from Q3 2025[41]. - Total deposits rose to $57.72 billion, a 7% increase compared to Q3 2025[41]. - Total loans, net of unearned income increased to $53,105,101 thousand as of Dec 31, 2025, up from $52,063,482 thousand as of Sep 30, 2025, reflecting a growth of 1.99%[78]. - Total deposits reached $57,717,191 thousand, marking a 7% increase compared to the prior quarter[53]. Interest Income and Margin - Net interest income for the fourth quarter of 2025 reached $583.9 million, an increase of $16.9 million from $567.0 million in the third quarter of 2025, driven by improved net interest margin and average earning asset growth[5]. - The net interest margin improved to 3.52% in the fourth quarter of 2025, up four basis points from the previous quarter[5]. - Total interest income for the three months ended December 31, 2025, was $956.3 million, an increase from $920.9 million in the previous quarter[49]. - The taxable-equivalent net interest margin for Q4 2025 was 3.54%, compared to 3.50% in Q3 2025[93]. Non-Interest Income and Expenses - Non-interest income totaled $130.4 million in the fourth quarter of 2025, a slight decrease from $130.8 million in the third quarter of 2025[25]. - Total non-interest expense for Q4 2025 was $384,453,000, an increase of $4,425,000 or 1% compared to Q3 2025, and an increase of $15,914,000 or 4% compared to Q4 2024[90]. - Total Non-Interest Income for Q4 2025 was $130,390, a decrease of $437 or 0% compared to Q3 2025, but an increase of $16,939 or 15% compared to Q4 2024[84]. Credit Quality and Losses - The provision for credit losses totaled $27.6 million in the fourth quarter of 2025, compared to $21.8 million in the third quarter of 2025[5]. - Non-performing loans increased to $185.8 million, comprising 0.35% of total loans as of December 31, 2025, compared to 0.31% in the prior quarter[6]. - The allowance for credit losses stood at $460,465 thousand, up from $454,586 thousand in the previous quarter[44]. - The total charge-offs for the three months ended December 31, 2025, amounted to $27,076 thousand, a decrease from $28,846 thousand in the previous quarter[74]. Assets and Equity - Total assets grew to $71.14 billion by the end of Q4 2025, a 9% increase from Q3 2025[41]. - Total shareholders' equity (GAAP) increased to $7,258,715 thousand from $7,045,757 thousand in the previous quarter, reflecting a growth of 3.0%[94]. - The common equity to assets ratio was 9.6%, an increase from 9.5% in the previous quarter[44]. - Book value per common share rose to $102.03 from $98.87 in the previous quarter, indicating a growth of 2.0%[94]. Strategic Initiatives and Market Conditions - The company plans to continue its growth strategies, including potential acquisitions of banks and expansion of branch offices[97]. - Economic conditions, including housing prices and job market trends, are critical factors that may impact the company's loan portfolio performance[99]. - The company is facing challenges in the commercial real estate market, particularly in the Chicago metropolitan area, southern Wisconsin, and west Michigan, which may lead to increased credit loss allowances[100]. - There are risks associated with security breaches and cyberattacks that could adversely affect the company's information technology systems[100].

Exhibit 99.1 Wintrust Financial Corporation 9700 W. Higgins Road, Suite 800, Rosemont, Illinois 60018 News Release FOR IMMEDIATE RELEASE January 20, 2026 FOR MORE INFORMATION CONTACT: David A. Dykstra, Vice Chairman & Chief Operating Officer (847) 939-9000 Amy Yuhn, Executive Vice President, Communications (847) 939-9591 Web site address: www.wintrust.com Wintrust Financial Corporation Reports Record Net Income ROSEMONT, ILLINOIS – Wintrust Financial Corporation ("Wintrust", "the Company", "we" or "our") (N ...

Financial Performance - Wintrust Financial Corporation reported record net income of $823.8 million, or $11.40 per diluted common share, for the year ended December 31, 2025, representing a 19% increase from $695.0 million, or $10.31 per diluted common share, in 2024 [2]. - For the fourth quarter of 2025, net income was $223.0 million, or $3.15 per diluted common share, compared to $216.3 million, or $2.78 per diluted common share, in the third quarter of 2025 [3]. - Net income for Q4 2025 was $223.0 million, a 3% increase from Q3 2025 and a 20% increase from Q4 2024 [41]. - Net income reached $223,024 thousand, reflecting a 3.6% increase compared to $216,254 thousand in the previous quarter [44]. - Net income for the three months ended December 31, 2025, was $223,024,000, an increase from $216,254,000 in the previous quarter, representing a growth of 0.35% [95]. - Basic net income per common share for the same period was $3.21, up from $2.82 in the previous quarter, reflecting a 13.8% increase [95]. Loan and Deposit Growth - Total loans increased by $1.0 billion, or 8% annualized, and total deposits also increased by $1.0 billion, or 7% annualized, in the fourth quarter of 2025 [5]. - Total loans reached $53.1 billion in Q4 2025, an 8% increase from Q3 2025 and an 11% increase from Q4 2024 [41]. - Total deposits rose to $57.72 billion, reflecting a 1.8% increase from $56.71 billion in the previous quarter [48]. - Total deposits rose to $57,717,191 thousand, marking a 7% growth year-over-year [53]. - Non-interest-bearing deposits increased to $11.42 billion, up 4.3% from $10.95 billion in the prior quarter [48]. - Commercial and industrial loans rose to $7,267,505 thousand, a 7% increase from the previous quarter [50]. Interest Income and Margin - Net interest income for the fourth quarter of 2025 reached $583.9 million, an increase of $16.9 million from $567.0 million in the third quarter of 2025, driven by improved net interest margin and average earning asset growth [5]. - The net interest margin improved to 3.52% in the fourth quarter of 2025, up four basis points from the previous quarter [5]. - Net interest income for the quarter was $583,874 thousand, an increase of 2.9% from $567,010 thousand in the prior quarter [44]. - Total interest income for the three months ended December 31, 2025, was $956,326,000, an increase from $920,908,000 in the previous quarter [49]. - The interest rate spread for the twelve months ended December 31, 2025, was 2.76%, compared to 2.61% in 2024 [65]. Non-Interest Income and Expenses - Non-interest income totaled $130.4 million in the fourth quarter of 2025, a slight decrease from $130.8 million in the third quarter of 2025 [25]. - Total non-interest expense increased to $384,453,000 for the three months ended December 31, 2025, compared to $381,461,000 in the previous quarter [49]. - Total non-interest income for Q4 2025 was $130,390, a decrease of $437 or 0% compared to Q3 2025, but an increase of $16,939 or 15% compared to Q4 2024 [84]. - Total salaries and employee benefits for the year ended December 31, 2025, were $873,292,000, up $56,184,000 or 7% from 2024 [90]. Credit Quality and Losses - The provision for credit losses totaled $27.6 million in the fourth quarter of 2025, compared to $21.8 million in the third quarter of 2025 [5]. - Non-performing loans increased to $185.8 million, comprising 0.35% of total loans as of December 31, 2025, compared to $162.6 million and 0.31% in the prior quarter [6]. - The allowance for credit losses stood at $460,465 thousand, up from $454,586 thousand in the previous quarter [44]. - The annualized net charge-offs as a percentage of total loans was 0.17% for the three months ended December 31, 2025, compared to 0.19% in the previous quarter [74]. - Total non-performing assets increased to $206,647,000 as of December 31, 2025, up from $187,464,000 on September 30, 2025, representing a 6.3% increase [79]. Market and Economic Conditions - Economic conditions, including housing prices and job market trends, are critical factors that could impact the company's loan portfolio performance [99]. - The company is facing challenges in the commercial real estate market, particularly in the Chicago metropolitan area, southern Wisconsin, and west Michigan, which may lead to increased credit loss allowances [100]. - The interest rate environment, including prolonged low rates or rising rates, could materially adversely affect the company's net interest income and profitability [100]. - Competitive pressures in the financial services sector may impact the pricing of the company's loan and deposit products, potentially resulting in a loss of market share [100]. Strategic Initiatives - The company plans to continue its growth strategy, including potential acquisitions of banks and specialty finance businesses, as well as forming new banks or branch offices [97]. - Wintrust operates 16 community bank subsidiaries across various regions, enhancing its market presence in the greater Chicago area and beyond [96]. - The company’s non-bank businesses include insurance funding and mortgage origination, contributing to diversified revenue streams [98].

Financial Performance - Wintrust Financial Corporation reported record net income of $823.8 million, or $11.40 per diluted common share, for the year ended December 31, 2025, representing a 19% increase from $695.0 million, or $10.31 per diluted common share, in 2024[2]. - For the fourth quarter of 2025, net income was $223.0 million, or $3.15 per diluted common share, compared to $216.3 million, or $2.78 per diluted common share, in the third quarter of 2025[3]. - Net income for Q4 2025 was $223.02 million, a 3% increase from Q3 2025 and a 20% increase from Q4 2024[41]. - Net income reached $223,024 thousand, reflecting a 3.6% increase compared to $216,254 thousand in the previous quarter[44]. - Basic net income per common share for the three months ended December 31, 2025, was $3.21, compared to $2.82 in the previous quarter, representing a 13.8% increase[49]. - Net income for the three months ended December 31, 2025, was $223,024,000, an increase from $216,254,000 in the previous quarter, representing a growth of 0.35%[95]. - The company reported a diluted net income per common share of $3.15 for the three months ended December 31, 2025, compared to $2.78 in the previous quarter, a growth of 13.3%[95]. Loan and Deposit Growth - Total loans increased by $1.0 billion, or 8% annualized, and total deposits also increased by $1.0 billion, or 7% annualized, in the fourth quarter of 2025[5]. - Total loans reached $53.11 billion, an 8% increase from the previous year[41]. - Total deposits grew to $57.72 billion, reflecting a 7% year-over-year increase[41]. - Total loans rose to $53,105,101 thousand, up 2.0% from $52,063,482 thousand in the prior quarter[44]. - Total deposits increased to $57,717,191 thousand, a growth of 1.8% from $56,711,381 thousand in the previous quarter[44]. - Total deposits rose to $57,717,191,000, marking a 7% growth from the previous quarter[53]. Interest Income and Margin - Net interest income for the fourth quarter of 2025 reached $583.9 million, an increase of $16.9 million from $567.0 million in the third quarter of 2025, driven by net interest margin improvement[5]. - The net interest margin improved to 3.52% in the fourth quarter of 2025, up four basis points from the previous quarter[5]. - Net interest income (GAAP) for Q4 2025 was $583,874 thousand, up from $567,010 thousand in Q3 2025, reflecting a growth of 2.3%[59]. - Total interest income for the three months ended December 31, 2025, was $956.3 million, an increase from $920.9 million in the previous quarter, representing a 3.8% growth[49]. - The taxable-equivalent net interest margin was 3.54% for Q4 2025, up from 3.50% in Q3 2025[93]. Non-Interest Income and Expenses - Non-interest income totaled $130.4 million in the fourth quarter of 2025, a slight decrease from $130.8 million in the third quarter of 2025[25]. - Total non-interest expense for Q4 2025 was $384,453,000, an increase of $4,425,000 or 1% compared to Q3 2025, and an increase of $15,914,000 or 4% compared to Q4 2024[90]. - Total Non-Interest Income for Q4 2025 was $130,390, a decrease of $437 or 0% compared to Q3 2025, but an increase of $16,939 or 15% compared to Q4 2024[84]. - Total non-interest expense for the year ended December 31, 2025, was $1,512,032,000, an increase of $109,308,000 or 8% compared to 2024[90]. Credit Quality and Losses - Provision for credit losses totaled $27.6 million in the fourth quarter of 2025, compared to $21.8 million in the third quarter of 2025[5]. - Non-performing loans increased to $185.8 million, comprising 0.35% of total loans as of December 31, 2025, compared to 0.31% in the previous quarter[6]. - The allowance for credit losses was $460,465 thousand, up from $454,586 thousand in the prior quarter[44]. - The total charge-offs for the three months ended December 31, 2025, amounted to $27,076 thousand, a decrease from $28,846 thousand in the previous quarter[74]. - The allowance for loan losses as a percentage of loans at period end was 0.71%, slightly down from 0.74% in the previous quarter[75]. Market and Economic Conditions - Economic conditions, including housing prices and job market trends, are critical factors that may impact the company's loan portfolio performance[99]. - The company is facing challenges in the commercial real estate market, particularly in the Chicago metropolitan area, southern Wisconsin, and west Michigan, which may lead to increased credit loss allowances[100]. - The interest rate environment, including prolonged low rates or rising rates, could materially adversely affect the company's net interest income and profitability[100]. - Competitive pressures in the financial services sector may impact the pricing of the company's loan and deposit products, potentially resulting in a loss of market share[100]. Strategic Initiatives - The company plans to continue its growth strategies, including potential acquisitions of banks and expansion of branch offices[97]. - Wintrust operates 16 community bank subsidiaries across multiple states, enhancing its market presence in the Midwest[96]. - The company’s non-bank businesses include insurance funding and mortgage origination, contributing to diversified revenue streams[98].

Financial Performance - Net income for Q4 2025 was $13.7 million, or $0.81 per diluted common share, compared to $9.6 million, or $0.57 per diluted common share in Q4 2024[2] - Net income for the year ended December 2025 was $50,347,000, a significant increase of 39.3% from $36,141,000 in 2024[38] - Basic earnings per share for Q4 2025 was $0.82, compared to $0.58 in Q4 2024, representing a growth of 41.4%[38] - Net income for Q4 2025 reached $13,703,000, compared to $11,705,000 in Q3 2025, reflecting a 17.0% increase[50] - Operating earnings (Non-GAAP) for Q4 2025 were $13,715,000, up from $11,708,000 in Q3 2025, representing a 17.1% growth[50] Asset and Liability Growth - Total assets increased by $584.9 million to $5.86 billion as of December 31, 2025, primarily driven by a $457.2 million increase in loans and leases[20] - Total liabilities rose to $5.31 billion, an increase of $523.9 million, with total deposits increasing by $466.3 million[21] - Total assets increased to $5,860,810, up $584,906 from $5,275,904 in 2024, representing an increase of approximately 11.1%[23] - Total liabilities rose to $5,308,318, an increase of $523,875 from $4,784,443 in 2024, reflecting an increase of about 10.9%[23] Equity and Capital - Shareholders' equity increased to $552.5 million, up $61.0 million from the previous year, driven by net income of $50.3 million for the twelve months ending December 31, 2025[22] - Total equity reached $552,492, up $61,031 from $491,461 in 2024, marking an increase of approximately 12.4%[23] - The total shareholders' equity attributable to SmartFinancial Inc. and Subsidiary was $552,379, an increase from $491,348 in December 2024, marking an increase of approximately 12.5%[37] - Shareholders' equity rose to $546,489 thousand as of December 31, 2025, compared to $489,172 thousand a year earlier, indicating a growth of 11.7%[39] Income and Expense Analysis - Net interest income increased to $45.1 million in Q4 2025 from $42.4 million in the prior quarter, with average earning assets totaling $5.34 billion[4] - Noninterest income decreased by $418 thousand to $8.2 million in Q4 2025, primarily due to a reduction in insurance commissions[15] - Noninterest expense decreased by $1.4 million to $32.5 million in Q4 2025, mainly due to a decrease in restructuring expenses[17] - Total noninterest income for the year was $34,352,000, slightly up from $34,152,000 in 2024, indicating a growth of 0.6%[38] - Total noninterest expense for the year was $131,205,000, an increase of 8.4% from $120,890,000 in 2024[38] Loan and Deposit Growth - Organic loan growth was approximately 12% and organic deposit growth was 14% excluding brokered deposits for the year 2025[3] - Loans and leases increased to $4,363,582, up $457,242 from $3,906,340 in 2024, which is an increase of about 11.7%[23] - Total deposits grew to $5,152,789, an increase of $466,306 from $4,686,483 in 2024, representing an increase of approximately 10.0%[23] Credit Quality - The allowance for credit losses was $40.9 million, representing 0.94% of total loans and leases as of December 31, 2025[11] - The allowance for credit losses was $40,906, up from $37,423 in December 2024, indicating a rise of about 6.6%[37] - Nonperforming loans and leases decreased to $9,442 thousand in December 2025 from $10,099 thousand in September 2025, a reduction of 6.51%[45] - Total nonperforming assets increased slightly to $12,690 thousand in December 2025 from $12,543 thousand in September 2025, an increase of 1.17%[45] Efficiency and Returns - Return on average assets for Q4 2025 was 0.95%, up from 0.88% in Q3 2025[48] - Return on average shareholders' equity increased to 9.95% in Q4 2025 from 9.19% in Q3 2025[48] - Efficiency ratio improved to 60.91% in Q4 2025 from 66.14% in Q3 2025[48] - Operating return on average tangible common equity was 12.07% in Q4 2025, up from 11.53% in Q3 2025[48] Interest Income and Margin - Total interest income for Q4 2025 reached $75,625,000, an increase of 14.3% compared to $66,096,000 in Q4 2024[38] - Net interest income after provision for credit losses was $40,962,000, up from $35,648,000 in Q4 2024, reflecting a growth of 14.5%[38] - The tax equivalent net interest margin expanded to 3.38% in Q4 2025, up from 3.25% in the prior quarter, due to declines in deposit costs[5] - Net interest margin, FTE, improved to 3.38% in Q4 2025 from 3.29% in Q3 2025[48]

Financial Performance - As of September 30, 2025, the company reported a net loss of $66,193, primarily due to formation, general, and administrative expenses [104]. - The company had a working capital deficit of $192,695 as of September 30, 2025 [105]. Initial Public Offering - The company completed its Initial Public Offering on December 10, 2025, raising gross proceeds of $250,000,000 from the sale of 25,000,000 Units at $10.00 per Unit [107]. - Offering costs incurred during the Initial Public Offering totaled $14,449,003, which included a cash underwriting fee of $5,000,000 and a deferred underwriting fee of $8,750,000 [107]. - A total of $250,000,000 from the Initial Public Offering proceeds was placed in a Trust Account, intended for investment in U.S. government treasury obligations or money market funds [108]. Future Expenses and Financing - The company anticipates incurring increased expenses related to being a public company, including legal, financial reporting, and compliance costs [103]. - The company intends to use funds from the Trust Account for its initial business combination and working capital needs [111]. - The company may need to seek additional financing to complete its initial business combination if cash requirements exceed available funds from the Trust Account [115]. Business Combination Status - The company has not yet identified a specific business combination target and has not engaged in substantive discussions regarding potential targets [101]. - The company has no long-term debt or capital lease obligations as of the reporting date [116].

Exhibit 99.1 PRESS RELEASE For further information, contact: David W. Pijor, Esq., Chairman and Chief Executive Officer Phone: (703) 436-3802 Email: dpijor@fvcbank.com Patricia A. Ferrick, President Phone: (703) 436-3822 Email: pferrick@fvcbank.com FOR IMMEDIATE RELEASE – January 20, 2026 FVCBankcorp, Inc. Announces Fourth Quarter and Full Year 2025 Earnings; 46% Increase in Net Income Compared to Prior Year Fairfax, VA-FVCBankcorp, Inc. (NASDAQ: FVCB) (the "Company") today reported net income of $5.6 milli ...

Financial Performance - Net income for Q4 2025 was $78.1 million, a significant recovery from a net loss of $562.8 million in Q3 2025 and an increase from $48.3 million in Q4 2024[6] - Diluted earnings per share (EPS) for Q4 2025 were $0.54, compared to $(4.00) in Q3 2025 and $0.38 in Q4 2024[6] - Noninterest income for Q4 2025 was $51.7 million, a recovery from a loss of $(756.2) million in Q3 2025[13] - Net income for Q4 2025 was $78,078,000, compared to a net loss of $562,792,000 in Q3 2025[42] - Adjusted earnings for Q4 2025 were $78,975,000, up from $64,930,000 in Q3 2025[51] - The net income for the year-to-date is $(397,553) thousand, a decrease from $(475,631) thousand in the previous quarter, indicating a recovery in performance[53] - Adjusted earnings (non-GAAP) for the year-to-date stand at $233,098 thousand, up from $154,123 thousand in the previous quarter, representing a growth of 51.2%[53] Loan and Deposit Growth - Total loans increased by 7% on an annualized basis, while customer deposits grew by 8% annualized[3] - Total loans at the end of Q4 2025 were $17.5 billion, an increase of $303.4 million, or 7% annualized, from Q3 2025[17] - Total deposits at the end of Q4 2025 were $20.2 billion, up $349 million, or 8% annualized, from Q3 2025, but down from $21.9 billion in Q4 2024[19] - Net loans increased to $17.27 billion as of December 31, 2025, compared to $16.77 billion a year earlier, reflecting a growth of approximately 2.9%[41] - Total deposits reached $20.18 billion, up from $19.84 billion in September 2025, indicating a growth of about 1.7%[41] Credit Quality - Nonperforming loans decreased by 26 basis points to 0.64% of total loans, reflecting improved credit quality[4] - Nonperforming loans decreased to $112.7 million in Q4 2025 from $153.9 million in Q3 2025, reflecting a $40.8 million decline related to two credit relationships[22] - The allowance for credit losses on loans was $224.4 million at the end of Q4 2025, down from $258.0 million in Q3 2025, with an ACL ratio of 1.28%[25] - Total loans charged off amounted to $49,750,000, significantly higher than the previous quarter's $11,891,000, indicating a substantial increase in credit losses[47] - Nonperforming assets to total assets ratio improved to 0.51%, compared to 0.66% in the previous quarter[47] Interest Income and Margin - Net interest income for Q4 2025 was $197.3 million, up 6% from $186.7 million in Q3 2025 and up 20% from $164.9 million in Q4 2024[10] - Total interest income for Q4 2025 was $307,531,000, a decrease of 5.9% from $325,982,000 in Q4 2024[42] - Net interest income after provision for credit losses increased to $182,180,000, up 20.2% from $151,610,000 in Q4 2024[42] - Net interest margin expanded by 31 basis points to 3.81% in Q4 2025, compared to 3.50% in Q3 2025 and 2.87% in Q4 2024[11] - Net interest margin (FTE) for Q4 2025 was 3.81%, an increase from 3.50% in Q3 2025[49] Efficiency and Expenses - The efficiency ratio improved to 53.6% in Q4 2025, indicating better cost management[3] - Noninterest expense decreased to $139.9 million in Q4 2025 from $142.0 million in Q3 2025[15] - The efficiency ratio improved to 55.52% in Q4 2025 from 62.82% in Q2 2025[16] - Noninterest expense for Q4 2025 was $139,862 thousand, slightly down from $142,032 thousand in Q3 2025[58] - Adjusted efficiency ratio for Q4 2025 was 53.64%, an improvement from 57.72% in Q3 2025[58] Capital and Equity - Total stockholders' equity at the end of Q4 2025 was $3.4 billion, unchanged from Q3 2025, with a book value per share of $23.62[27] - The common equity tier 1 (CET1) ratio was 11.6% at the end of Q4 2025, stable compared to Q3 2025[30] - Tier 1 capital increased to $2,337,531,000, up from $2,291,191,000 in Q3 2025[43] - Total common stockholders' equity increased to $3,419,240 thousand in Q4 2025 from $3,353,963 thousand in Q3 2025, reflecting a growth of 1.93%[55] - The ratio of common equity to assets improved to 13.93% in Q4 2025, compared to 13.85% in Q3 2025[55] Miscellaneous - The company did not repurchase shares during Q4 2025, with remaining authorization under the stock repurchase program of approximately $175 million[31] - The commercial loan pipeline totaled $1.5 billion at the end of Q4 2025, with ready to close commercial loans at $774 million[17] - The company emphasizes the importance of non-GAAP financial measures for understanding ongoing operations, excluding the effects of mergers and other non-central items[37]