Core Insights - Nykredit reported a satisfactory interim profit after tax of DKK 3,000 million for Q1 2025 and raised its full-year profit guidance to DKK 9.25-10.0 billion due to growth in core business areas, including net interest and fee income [3][4] - The company experienced an increase in mortgage and bank lending, resulting in expanded market positions [3] - Nykredit's investment portfolio income showed a positive trend despite market turbulence, and impairment charges remained low due to the financial robustness of customers [3] Financial Performance - Net interest income increased to DKK 3,039 million in Q1 2025 from DKK 3,011 million in Q1 2024, a change of DKK 28 million [4] - Net fee income rose to DKK 754 million in Q1 2025 from DKK 728 million in Q1 2024, an increase of DKK 26 million [4] - Wealth management income grew to DKK 713 million in Q1 2025 from DKK 668 million in Q1 2024, reflecting a DKK 45 million increase [4] - Total income decreased to DKK 5,434 million in Q1 2025 from DKK 6,012 million in Q1 2024, a decline of DKK 578 million [4] - Profit for the period fell to DKK 3,000 million in Q1 2025 from DKK 3,544 million in Q1 2024, a decrease of DKK 544 million [4] Lending and Market Position - Totalkredit's mortgage lending increased to DKK 921.8 billion at the end of March 2025 from DKK 879.7 billion at the end of March 2024 [3] - Nykredit Bank's lending after impairments rose to DKK 108.8 billion at the end of March 2025 from DKK 94.5 billion at the end of March 2024 [3] Strategic Developments - Nykredit launched a public tender offer to acquire Spar Nord Bank, aiming to create a strong, customer-owned alternative to the largest listed banks in Denmark [3] - The company raised the KundeKroner discount to 0.25% from 0.20% for new and existing customers, benefiting over 900,000 homeowners [3] Capital and Efficiency - Nykredit maintained a strong capital position with a Common Equity Tier 1 (CET1) capital ratio of 20.7% [6] - The cost/income ratio remained low at 30.8% in Q1 2025 [6]

Financial Data and Key Metrics Changes - The company reported net income of $87.9 million or $1.27 per diluted share, a 17% increase compared to the first quarter of the previous year [12] - Net interest income increased by $20 million, while provision and non-interest expense remained relatively flat [12] - The efficiency ratio improved to 52.83% from 55.64% year-over-year [13] - Return on assets (ROA) remained strong at 1.36%, with PPNR ROA at 2.08% and adjusted return on tangible common equity at 13.16% [13][12] - Tangible book value per share grew by $1.19 to $39.78, and the tangible common equity ratio increased to $10.78 [13] Business Line Data and Key Metrics Changes - Loan balances were stable during the quarter, with total loan production at $1.5 billion, slightly down from the previous quarter but higher than the year-ago level [19] - Non-interest bearing deposits grew at a 15% annualized rate, representing 30.8% of total deposits [18] - Non-interest income decreased by $4.9 million, primarily due to reduced gains on the sale of SBA loans and a decline in mortgage division revenue [16] Market Data and Key Metrics Changes - The company experienced a 4% annualized growth in deposits, with total deposits increasing by $190 million [17] - Interest-bearing deposits fell slightly, while non-interest bearing deposits increased significantly [18] - The company anticipates mid-single-digit loan and deposit growth for 2025 [20] Company Strategy and Development Direction - The company focuses on maintaining top-tier profitability, enhancing revenue generation, and sustaining a strong capital position [5][8] - There is a strategic emphasis on optimizing margins rather than driving growth in uncertain economic conditions [6] - The company plans to leverage growth opportunities within its Southeastern footprint when the economic environment allows [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning for the remainder of 2025, despite macroeconomic uncertainties [10] - The company is prepared to capitalize on growth opportunities with a solid core deposit base and strong capital and liquidity positions [9][10] - Management indicated that the second half of 2025 is expected to present more growth opportunities than the first half [9] Other Important Information - The company repurchased approximately $15 million of common stock during the first quarter, with $85 million remaining available for buybacks [14] - The reserve for credit losses increased to 1.67% of loans, influenced by economic forecasts [16][42] Q&A Session Summary Question: What is driving the resilience in loan yields? - Loan production for the quarter averaged around 6.86%, with the core bank at about 8%, contributing to strong loan yields [25] Question: How does the company balance economic uncertainty with growth desires? - The company plans to be measured rather than aggressive in the current environment, focusing on capital and liquidity to capitalize on opportunities [36] Question: What is the outlook for expenses moving forward? - The company experienced strong expense control this quarter, and while merit increases will occur, the overall expense guidance remains aligned with expectations [40] Question: Why did the reserve increase despite strong underlying metrics? - The reserve build was model-driven, influenced by economic forecasts, and not due to asset quality deterioration [42] Question: What is the expectation for loan growth and related balance sheet growth? - The company expects loan growth in the mid-single digits, with Balboa tracking in line with overall company growth [46]

FirstSun Capital (FSUN) Q1 2025 Earnings Call April 29, 2025 11:00 AM ET Company Participants Ed Jacques - Director of Investor Relations & Business DevelopmentNeal Arnold - CEO, President, COO & DirectorRobert Cafera - Senior EVP & CFOWoody Lay - Vice PresidentTim Mitchell - Equity Research AssociateMatt Olney - Managing Director Conference Call Participants Matthew Clark - MD & Senior Research Analyst Operator Good morning, and welcome to the First Sun Capital Bancorp First Quarter twenty twenty five Earn ...

Exhibit 99.3 1Q25 Financial Results April 23, 2025 2 1Q25 Highlights 3 • 1Q25 net income of $1.1Bn; diluted EPS of $4.25, and return on equity of 24% • Financial performance remains solid ◦ Revenue growth from margin expansion ◦ Good credit performance highlighted by a reserve release and lower net charge-offs ◦ Strong capital position; CET1 ratio of 14.7% • Prudently managing our business ◦ Customer trends are stable ◦ Monitoring economic developments • Secured all necessary approvals for our pending merge ...