Financial Data and Key Metrics Changes - The company reported a net income of $90.5 million for Q4 2025, a 16.5% increase from $77.7 million in Q3 2025 [4] - Diluted earnings per share increased by 18.3% to $1.33 in Q4, up from $1.13 in Q3 [4] - For the full year 2025, net income was $315.1 million, a 10.1% increase from $286 million in 2024 [4] - The net interest margin increased to 3.36% in Q4 from 3.31% in Q3 [11] - Total deposits increased by $373 million or 7.6% on an annualized basis during Q4 [9] Business Line Data and Key Metrics Changes - Total gross loans grew by $42 million, driven by increases of $80 million in commercial real estate (CRE) loans and $17 million in residential loans [5] - Non-accrual loans were 0.6% of total loans as of December 31, 2025, down $53.3 million to $112.4 million compared to the prior quarter [8] - The average loan-to-value of CRE loans remained steady at 49% [6] Market Data and Key Metrics Changes - The company expects loan growth in 2026 to be between 3.5% and 4.5% [5] - For 2026, deposit growth is expected to range between 4% and 5% [9] Company Strategy and Development Direction - The company plans to announce a new buyback program after approvals are received, with $12 million remaining under the current buyback program [4] - The management is focused on transitioning some of the maturing CDs into non-interest-bearing deposits while being sensitive to defending the existing base [18] Management's Comments on Operating Environment and Future Outlook - Management anticipates further benefit to the net interest margin from declining deposit costs supported by the fixed-rate proportion of the loan portfolio [11] - The competitive landscape in the local LA and New York markets remains strong, particularly for maturing CDs [18] - Management does not see any particular trends in credit migration but is closely monitoring special mention loans [20] Other Important Information - The company recorded $17.2 million in provisions for credit losses in Q4 compared to $28.7 million in Q3 [9] - The effective tax rate for Q4 2025 was 20.23% compared to 17.18% for Q3 [13] Q&A Session Summary Question: Can you speak more in terms of what you're assuming for deposit betas embedded in that NIM outlook? - The company is assuming deposit betas in the 60% range, with market competition remaining rational in Q4 [17] Question: What are you seeing in terms of credit and any migration into criticized and overall trends? - Management noted that there are no particular trends in credit migration, with some loans being downgraded to special mention due to short-term financial issues [20][21] Question: Have you seen an elevated level of competition for incremental loan growth? - Management indicated strong competition in the C&I segment, with existing portfolios facing the most competition [29][30]

Financial Data and Key Metrics Changes - For Q4 2025, the net income was $34.8 million, or $2.79 per share, while the full-year net income was $434 million, or $10.41 per share, indicating strong profitability within the banking industry [5][6] - The net interest margin for Q4 declined due to federal rate cuts, with a total cost of deposits reported at 3.17% for December [5][12] - Total loan growth for the quarter was $182 million, or over 12%, and deposit growth was $115 million, or 7.4% [6][8] Business Line Data and Key Metrics Changes - The bank's loan portfolio is 70% floating-rate, which has been impacted by recent federal rate cuts [5] - Non-performing assets slightly declined, but criticized assets increased by $97 million due to a large nine-loan relationship being classified [7] Market Data and Key Metrics Changes - Economists forecast 2026 to be a year of relative growth and stability, with improved customer outlooks for the year [8] Company Strategy and Development Direction - The company is focusing on commercial real estate and C&I loans for growth opportunities, budgeting higher numbers than the previous year [40] - The management is cautious about share repurchases, indicating that funds will likely be reserved for loan growth and deposit situations [41] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, expecting stronger loan demand and a stable market environment compared to previous downturns [8][40] - The company is actively monitoring classified loans and is prepared to take necessary actions if customers do not resolve their issues [36][42] Other Important Information - The company sold two large pieces of OREO, resulting in a net gain of $1.8 million, which was included in non-interest income [7] - The provision for loan losses was $4.3 million for the quarter, reflecting a combination of loan growth and specific reserves [91] Q&A Session Summary Question: Margin visibility and deposit costs - The margin for December was 3.66%, with a total cost of deposits at 3.17% [12] Question: Deposit competition and rates - The deposit beta is around 40%, with expectations of a similar pattern in deposit costs moving forward [13] Question: Loan growth expectations - Loan growth is expected to step up from the previous year's pace, with a similar growth rate for deposits [14][15] Question: Non-interest expenses guidance - The forecast for non-interest expenses is around $21.5 to $22 million for the first quarter [16][18] Question: CD maturities and rates - About $1.3 billion in CDs are maturing in Q1 at a weighted average rate of 3.96% [22] Question: Classified loans and workout strategies - The management is optimistic about resolving classified loans within two quarters, with various options available [42][44] Question: Fee income baseline for 2026 - The Q4 fee income, excluding one-time impacts, is considered a good baseline for 2026 [57] Question: M&A appetite - The company is reviewing potential M&A opportunities but is cautious about pricing structures [65]

Financial Data and Key Metrics Changes - For Q4 2025, the net income was $34.8 million, or $2.79 per share, while the full year net income was $434 million, or $10.41 per share, indicating strong profitability within the banking industry [4] - The net interest margin for Q4 declined due to federal rate cuts, with a margin of 3.66% in December, slightly below the quarterly average [11][12] - Total loan growth for the quarter was $182 million, or over 12%, while deposit growth was $115 million, or 7.4% [5] Business Line Data and Key Metrics Changes - The bank's loan portfolio is 70% floating-rate, which was impacted by federal rate cuts, reducing loan interest income [4] - Non-performing assets slightly declined, but criticized assets increased by $97 million due to a large nine-loan relationship being classified [5] Market Data and Key Metrics Changes - Economists forecast 2026 to be a year of relative growth and stability, with improved customer outlooks for the year [6] Company Strategy and Development Direction - The company aims to grow loan demand, budgeting for higher numbers than the previous year, particularly in commercial real estate and C&I loans [37] - The management is cautious about share repurchases, indicating that funds will likely be reserved for loan growth and deposit situations [39] Management Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, expecting it to be a growth year barring sudden changes in government policy [6] - The competitive landscape for deposits remains strong, with local and large money center banks actively promoting CDs [29] Other Important Information - The bank sold two large pieces of OREO, resulting in a net gain of $1.8 million, which was reported in non-interest income [5] - The provision for loan losses was $4.3 million for the quarter, reflecting a combination of loan growth and specific reserves for certain loans [70] Q&A Session Summary Question: What is the spot rate on deposits and average margin for December? - The margin for December was 3.66%, and the total cost of deposits was 3.17% [11] Question: What are the expectations for deposit beta going forward? - Deposit beta is expected to remain around five to six basis points a month, depending on rate cuts and competition [12] Question: What is the forecast for non-interest expenses? - The forecast for non-interest expenses is expected to grow in the mid to high single digits [38] Question: What is the status of the classified loans? - The classified loans are currently behind in interest service, primarily due to litigation involving other banks [68] Question: What is the outlook for M&A activity? - The company is reviewing a few potential M&A deals but is cautious about pricing structures [61]

Financial Data and Key Metrics Changes - Atlantic Union Bankshares reported a net income of $109 million for Q4 2025, with earnings per common share at $0.77, and for the full year, net income was $261.8 million, with earnings per common share at $2.03 [14][15] - Adjusted operating earnings for Q4 were $138.4 million, or $0.97 per common share, resulting in an adjusted operating return on tangible common equity of 22.1% and an adjusted operating efficiency ratio of 47.8% [15][16] - The total allowance for credit losses was $321.3 million, a slight increase from the previous quarter, with a net charge-off ratio of one basis point for Q4 [16][17] Business Line Data and Key Metrics Changes - Quarterly loan growth was approximately 6.3% annualized, ending the year at $27.8 billion, with expectations for 2026 loan balances to range between $29 and $30 billion [6][24] - Fee income increased, driven by loan-related interest rate swap fees and fiduciary and asset management fees, with 27% of interest rate swap income coming from former Sandy Spring customers [9][21] - Non-interest income for Q4 was $57 million, an increase from the prior quarter, primarily due to higher loan-related interest rate swap fees [21] Market Data and Key Metrics Changes - Virginia's unemployment rate remained stable at 3.5%, while Maryland's increased to 4.2% and North Carolina's rose to 3.8%, all below the national average [10][11] - The company expects manageable unemployment levels in its markets, consistent with Moody's forecasts [11] Company Strategy and Development Direction - The company aims to leverage the strategic advantages gained from the Sandy Spring acquisition to drive sustainable growth and long-term value creation [6][12] - Focus will shift to demonstrating the franchise's earnings power and capital generation ability, with no additional acquisitions planned in the near term [12][13] - The company is committed to expanding its presence in North Carolina and enhancing its specialty banking services [12][73] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving strategic goals associated with the Sandy Spring acquisition, anticipating a decline in merger-related expenses in Q1 2026 [4][5] - The company remains optimistic about loan growth despite economic uncertainties, with a strong pipeline and growing client confidence [7][52] - Management highlighted the importance of maintaining a disciplined approach to cost management and capital allocation [12][104] Other Important Information - The company paid a common stock dividend of $0.37 per share, an increase of 8.8% from the previous quarter [25] - Tangible book value per common share increased approximately 4% to $19.69 in Q4 [25] Q&A Session Summary Question: Clarification on 2026 guidance and net interest income range - Management indicated that achieving the higher end of the net interest income guidance depends on elevated accretion income and continued reduction in deposit costs [36][41] Question: Loan pipeline increase and near-term loan growth - Management confirmed a modest increase in the loan pipeline, with positive feedback from market leaders indicating strong near-term growth potential [50][52] Question: Deposit growth outlook for next year - Management guided for about 3%-4% deposit growth in 2026, supported by treasury management opportunities [86] Question: Cost savings from the Sandy Spring deal - Management noted that most cost savings are reflected in current numbers, with some residual benefits expected in Q1 [92][93] Question: Non-credit-related customer losses - Management clarified that elevated non-credit-related losses were primarily due to episodic fraud incidents [110]

Financial Data and Key Metrics Changes - The company reported EPS of $1.07 and adjusted EPS of $1.16 for the quarter, with annual EPS of $2.45 and adjusted EPS of $3.99 [7][10] - Pre-tax pre-provision net revenue was $71.1 million, or $77.1 million on an adjusted basis, with net interest income of $150.6 million and a net interest margin of 3.98% [9][10] - The company achieved a return on average assets of 1.4% and a return on average tangible common equity of 14.4% [9] Business Line Data and Key Metrics Changes - Loans held for investment grew by 29% year-over-year, while deposits increased by 25% [10][24] - Non-interest income improved due to stronger swap fees and investment services revenue [20] - The banking core non-interest expense totaled $88 million for the quarter and $298 million for the full year [21] Market Data and Key Metrics Changes - The company experienced a slight increase in non-performing assets, but annualized net charge-offs remained low at five basis points [22] - Loan growth for the quarter was $86 million, and total deposit growth was $97 million, both approximately 3% on an annualized basis [23] Company Strategy and Development Direction - The company aims to focus on customer relationships to enhance growth and improve service offerings [15][16] - There is an expectation for a return to high single-digit growth rates in 2026, driven by organic growth and market share expansion [26][30] - The company is open to evaluating M&A opportunities, particularly in the Southeast and Carolinas, targeting institutions with assets between a couple of billion to six or seven billion [92][96] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth opportunities in 2026, despite some underperformance in organic growth due to economic conditions and distractions from acquisitions [14][18] - The company is focused on maintaining a strong customer experience and adapting to market changes, with a long-term view on growth [84][88] Other Important Information - The company repurchased over 1.7 million shares, representing about 3% of its stock, as part of a transaction with its largest shareholder [26][27] - The net interest margin is expected to remain stable between 3.78% and 3.83% in the first quarter of 2026 [28] Q&A Session Summary Question: Anticipation of additional share repurchases from the Ayers estate - Management does not anticipate further share repurchases from the Ayers estate based on current conversations [35] Question: Is mortgage banking on the right path? - Mortgage banking had a positive year, with volume remaining stable and contributions improving significantly [36][38] Question: Current M&A climate and optimism for additional deals - Management noted a lot of conversations in the industry regarding M&A, and they will continue to evaluate opportunities as they arise [40][42] Question: Loan growth and elevated paydowns - Elevated paydowns were noted in the fourth quarter, but management expects to achieve high single-digit growth without needing to hire additional staff [49][52] Question: Expense run rate and changes to compensation structure - Non-run rate expenses were identified, and management reiterated their expense guidance for 2026, indicating a focus on maintaining discipline [59][62] Question: Loan pipeline and client sentiment - The loan pipeline is strong, with clients showing positive sentiment and a willingness to invest in new projects [99][100]

Financial Data and Key Metrics Changes - The company reported EPS of $1.07 and adjusted EPS of $1.16 for Q4 2025, with a full-year EPS of $2.45 and adjusted EPS of $3.99 [5][6] - Pre-tax pre-provision net revenue was $71.1 million, or $77.1 million on an adjusted basis, with net interest income of $150.6 million and a net interest margin of 3.98% [5][12] - The company achieved a return on average assets of 1.4% and a return on average tangible common equity of 14.4% [5] Business Line Data and Key Metrics Changes - Loans held for investment grew by 29% year-over-year, while deposits increased by 25% [6][15] - Non-interest income improved due to stronger swap fees and investment services revenue [12] - The banking core non-interest expense totaled $88 million for the quarter and $298 million for the full year [13] Market Data and Key Metrics Changes - The company experienced a slight increase in non-performing assets, but loss content remained low with annualized net charge-offs totaling only five basis points [14] - The company reported loan growth of $86 million for the quarter and total deposit growth of $97 million, both approximately 3% on an annualized basis [14] Company Strategy and Development Direction - The company aims to focus on customer relationships to enhance service and product offerings, which is seen as a winning formula for growth in 2026 [10][16] - The company is optimistic about growth opportunities in 2026, both organically and through potential acquisitions, while maintaining a focus on customer experience [9][11] - The company plans to continue evaluating M&A opportunities, particularly in the southeastern U.S. and Carolinas, targeting banks with assets between a couple of billion to six or seven billion [67][69] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of credit outlook and the potential for strong growth opportunities in 2026 [14][15] - The management highlighted the importance of maintaining a focus on customer experience and adapting to market disruptions [25][56] - The company anticipates a return to high single-digit growth rates in loans and deposits for 2026 [15][17] Other Important Information - The company executed a significant stock repurchase transaction, repurchasing over 1.7 million shares, representing about 3% of the company [16] - The company expects net interest margin to land between 3.78% and 3.83% in Q1 2026, assuming a rate cut is factored into the forecast [16] Q&A Session Summary Question: Anticipation of additional share repurchases from the Ayers estate - Management does not anticipate any additional share repurchases from the Ayers estate based on current conversations [21] Question: Is mortgage banking on the right path? - Management indicated that mortgage banking had a good year, with positive contributions and ongoing tweaks to improve the platform [23][24] Question: Current M&A climate and optimism for additional deals - Management noted a lot of conversations in the industry regarding M&A, and they will continue to evaluate opportunities as they arise [25][26] Question: Loan growth and elevated paydowns - Management acknowledged elevated paydowns in Q4 but expects to achieve high single-digit growth without adding new personnel [34][35] Question: Expense run rate and changes to compensation structure - Management clarified that some expenses in Q4 were non-run rate and reiterated their expense guidance for 2026 [41][42] Question: Loan pipeline and client sentiment - Management reported a strong loan pipeline and positive client sentiment, with clients starting new projects and deals [72][73]

Core Insights - The company reported a strong fourth-quarter loan growth, marking the highest production pace in years, with total loans growing approximately 7% annualized, although underlying growth was noted to be even higher [3][7] - Management emphasized that deposit growth remains a key strategic priority, having reduced brokered deposits by about $1.4 billion [4][5][19] - The net interest margin (NIM) improved by 31 basis points to 3.81%, with expectations for stability in 2026 and potential increases due to deposit mix improvements [6][8][11] Loan Production and Growth - The fourth-quarter loan growth was the strongest in at least two years, significantly offsetting elevated paydowns, although some portfolio segments showed seasonal weakness [3][4] - The company anticipates low-to-mid single-digit loan growth for 2026, influenced by timing effects and a focus on credit discipline [2][7] Deposit Strategy - Deposit growth is framed as a central strategic focus, with efforts in consumer banking, private banking, and commercial initiatives aimed at attracting deposit-rich customers [19] - The company has a significant opportunity to increase non-interest-bearing deposits, which currently remain below peer levels [19] Net Interest Margin and Financial Outlook - The linked-quarter NIM increase was attributed to a balance sheet restructuring and core NIM expansion, with expectations for a stable margin in 2026 [6][8][9] - Management expects the cumulative deposit beta to moderate, with an estimated incremental beta for future rate cuts around 50% [10] Asset Quality and Credit Conditions - Management reported stable credit conditions, having resolved two problem credits with less impact than expected and completed a sale of the Equipment Finance business [13][15] - The company is focused on cleaning up legacy nonperformers and has adequate reserves for the actions taken [14] Efficiency Initiatives - The company is in the "middle innings" of its Better Bank initiative, with expenses below the fourth-quarter 2022 run-rate despite inflation and ongoing investments [16] - Management highlighted a continuous improvement mindset, with efforts to inspect and optimize processes across various functions [17] Capital Deployment and Investment - Priorities for capital deployment include organic growth and investment, with share repurchases remaining a potential tool based on market conditions [20] - The company plans to continue hiring and upgrading talent, particularly in revenue-generating areas and support functions related to automation [18]

Financial Data and Key Metrics Changes - The company reported earnings of $69.3 million, or $0.90 per share, for the fourth quarter, with an adjusted EPS of $0.94 after accounting for one-time software write-downs [7][25] - The annualized return on assets (ROA) was 78 basis points, adjusted for the software write-down, it was approximately 81 basis points [8][11] - Net interest margin (NIM) expanded to 3.06%, up from 3% in the previous quarter and 22 basis points year-over-year [7][26] - Total deposits increased by $735 million during the quarter and $1.5 billion for the year [19] Business Line Data and Key Metrics Changes - Core loans grew by $769 million in the fourth quarter, with commercial real estate (CRE) loans up by $276 million and commercial and industrial (C&I) loans up by $474 million [20][22] - Non-interest income increased by $30 million quarter-over-quarter and year-over-year, despite a decline in leasing income [28][29] - The company experienced a decline in non-performing loans (NPLs) and criticized classified loans, indicating improved credit quality [11][28] Market Data and Key Metrics Changes - The company noted that the cost of deposits decreased by 21 basis points to 2.10% at year-end, down from 2.31% at the end of September [10] - The loan-to-deposit ratio finished the quarter at 82.7% [20] - The weighted average loan-to-value (LTV) ratio for the CRE portfolio was 55%, with a debt service coverage ratio of 1.82, indicating strong metrics [22] Company Strategy and Development Direction - The company aims to achieve double-digit growth in net interest-earning assets (NIDDA) and maintain a target CET1 ratio in the mid-11s [12][13] - The strategic focus includes expanding in new markets such as Atlanta, Texas, and North Carolina while maintaining a balanced approach to commercial real estate [75][78] - The company plans to continue share buybacks and increase dividends, reflecting confidence in its financial position [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economy, noting that it remains strong despite geopolitical risks [33][34] - The company anticipates continued growth in NIDDA and deposits, with guidance for loan growth in the 2%-3% range and core loan growth around 6% [15][16] - The management acknowledged potential challenges from tightening spreads and the impact of Fed rate cuts on margins [17][34] Other Important Information - The company authorized an additional $200 million share buyback, complementing the remaining $50 million from a previous authorization [12][13] - Non-interest expenses increased by $6.6 million from the prior quarter, primarily due to a software charge and employee compensation [30] Q&A Session Summary Question: What drove the non-interest-bearing deposit growth in Q4? - Management reported that all business lines contributed to deposit growth, with no outliers, and emphasized the importance of average NIDDA over period-end figures [40][41] Question: What are the beta assumptions for loans and deposits? - The company expects an 80% beta for deposits, with a mix of floating and fixed-rate loans impacting the overall beta [44][45] Question: How does the company plan to balance buybacks with capital levels? - Management indicated a flexible approach to buybacks, taking advantage of market volatility while aiming to maintain capital ratios in line with peers [49][50] Question: What is the outlook for commercial real estate (CRE) growth? - The company has room to grow in CRE, focusing on asset classes other than office and hospitality, and expects mid-single-digit growth in 2026 [62][64] Question: Can you provide details on the fraud incident mentioned? - The fraud involved a contractor in New York, resulting in a complete write-off of a $10 million loan due to lack of collateral [67]

Financial Data and Key Metrics Changes - The company reported a net interest margin (NIM) of 4.1% in Q4, an increase of 22 basis points from the previous quarter [11] - Net interest income for Q4 was $85.3 million, up more than 10% on a linked quarter basis and nearly 20% for the year [12] - The diluted EPS for Q4 was $2.77, with non-core credits estimated at about $4.6 million, or approximately $0.30 per share [13] Business Line Data and Key Metrics Changes - The loan portfolio expanded by approximately $775 million, representing a growth of nearly 13% for the year, with total loan originations reaching approximately $1.9 billion [3][4] - In Q4, total loan originations and draws were approximately $599 million, with a weighted average coupon of 7.28% [9] - Deposits increased by roughly $1.4 billion, or about 23% for the year, with a Q4 growth of $304 million, or approximately 4.3% [4][10] Market Data and Key Metrics Changes - The company opened a full-service branch in Lakewood, New Jersey, and plans to open two new branches in Florida in the first half of 2026 [4] - Asset quality remains solid, with no broad-based negative trends across loan segments, geographies, or sectors [4] Company Strategy and Development Direction - The company aims to capture additional market share through traditional channels while enhancing long-term shareholder value [5] - The strategy for 2026 includes focusing on managing asset quality, optimizing profitability, and expanding presence in New York and other complementary markets [5][6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's disciplined underwriting and proactive portfolio management, indicating no areas of concern from client feedback [5] - The company expects to grow loans by about $800 million, or approximately 12% in 2026, with a forecasted NIM of about 4.10% for the year [15][16] Other Important Information - The effective tax rate for Q4 was about 30% [14] - The company is hosting an Investor Day at its headquarters in New York on March 3rd, with limited seats available for in-person attendance [19] Q&A Session Summary Question: Loan mix and C&I growth - Management does not expect substantial growth in core C&I but anticipates some growth in healthcare-related C&I [22] Question: CRE concentrations - Management expects CRE concentration increase to be stable going forward as owner-occupied CRE continues to grow [23] Question: Contribution of new branches to municipal deposit growth - New Jersey branches have contributed to municipal deposit growth, while Florida branches are expected to contribute significantly in the future [24] Question: Asset quality and NPAs - Management reported that NPAs increased by around $5 million but are stable, with expectations of little or no loss upon the sale of affected assets [28] Question: CET1 ratio targets - Management aims for TCE to trend from the current high 8s to low 9s as the balance sheet grows [30] Question: Digital transformation completion - The digital transformation is anticipated to be completed by President's Day weekend in Q1 [36] Question: Demand deposit growth drivers - The largest contributors to demand deposit growth were municipal deposits and property managers [41] Question: M&A possibilities - Management does not see significant value in current M&A opportunities and is focused on organic growth [43] Question: Team lift-out strategy - Management is not inclined towards team lift-outs but remains open to unique opportunities that fit the company culture [46]

Core Insights - StoneCo Ltd. experienced significant deposit growth in the first nine months of 2025, driven by increased usage of the Pix payment system, strategic bundling, and a cash sweep strategy [2][3] - The company's total client deposits reached R$9 billion, marking a 32% year-over-year increase, with deposits representing 7.1% of micro, small, and medium-sized businesses' total payment volume [2][7] - StoneCo's cash sweep strategy has successfully converted 84% of retail deposits into time deposits, which is expected to yield an annual net benefit of 75-125 basis points per R$1 billion converted [2][3] Deposit Growth and Strategy - Pix transaction volume surged by 64% year over year, significantly outpacing card transaction growth, which has positively impacted client deposit flows and overall financial service engagement [2][7] - The cash sweep strategy initiated in early 2025 is aimed at reducing funding expenses and supporting credit portfolio growth, thereby improving margins and capital structure [2][3] Competitive Landscape - Nu Holdings Ltd. reported a 34% year-over-year increase in deposits, reaching $38.8 billion, showcasing its ability to scale deposit volumes effectively across Latin America [4] - MercadoLibre, Inc. is leveraging Pix to enhance deposit growth by offering attractive remuneration on balances, resulting in a 20% year-over-year increase in monthly active fintech users to 72 million [5] Stock Performance and Valuation - StoneCo's stock has increased by 76% over the past year, significantly outperforming the industry average growth of 3.9% [6] - The company's valuation appears attractive, with a forward 12-month price-to-earnings (P/E) ratio of 7.2X, compared to the industry average of 32.91X [8] Earnings Estimates - The Zacks Consensus Estimate for StoneCo's earnings for 2025 and 2026 has remained unchanged over the past 30 days, indicating stability in earnings expectations [9]