Financial Performance - Net income reached $1.643 billion, with diluted earnings per share at $3.85, reflecting a 10% linked quarter growth and 11% year-over-year growth[32] - Pretax, pre-provision earnings (PPNR) grew by 10% linked quarter and 11% year-over-year[8, 32] - Total revenue increased by 4% linked quarter and 5% year-over-year, reaching $5.661 billion[8, 32] - The company announced a dividend increase of $0.10, or 6%, to $1.70 per common share[8] - Return on average tangible common equity (ROTCE) was 15.6%[8] Balance Sheet - Average loans increased by 2% linked quarter, totaling $322.8 billion, marking the strongest loan growth since 4Q22[8, 13] - Total deposits increased by 1% linked quarter, reaching $423 billion[13] - Common shareholders' equity increased by 3% linked quarter and 13% year-over-year, reaching $50.7 billion[13] Business Segments - Net consumer checking accounts grew by 2% year-over-year, including 6% growth in the Southwest[12] - Brokerage assets increased by 7% year-over-year to a record level of $87 billion[12] - Asset Management fees increased 5% year-over-year to a record first-half level[12] Credit Quality - Nonperforming loans (NPLs) decreased, with the NPL ratio to total loans at 0.65%[39, 41] - Net loan charge-offs (NCOs) also declined, with the NCO ratio to average loans at 0.25%[39, 41] Guidance - The company anticipates average loans to increase by approximately 1% for the full year 2025[44] - Net interest income is expected to increase by approximately 7% for the full year 2025[44] - Fee income is projected to increase by 4% to 5% for the full year 2025[44]

Travis, your thoughts on this category? Anything come to mind for you in terms of, you know, feature sets that would be extraordinary here? I know you you like to think about products and the consumer experience. It's really interesting. So, you know, I've been spending, as you guys know, I've been spending my time on real estate and construction and robotics. And so I' I've been out of the this kind of consumer software game for a long time. But it's super interesting over the last six months. There have b ...

COVID-19 Impact and Response - The COVID-19 pandemic has had an unprecedented impact on commercial aviation, with passenger traffic down approximately 95%[9] - The airline industry is expected to experience a revenue decline of $314 billion (55%) in 2020 due to the pandemic[9] - Gogo expects its Commercial Aviation (CA) sales to be down 60-70% in April due to the impact of COVID-19[12] - Prior to cost reductions, Gogo CA was losing $1 million per day[12] - Gogo has developed flexible action plans with "16 Levers" to manage costs, tied to revenue projections based on various scenarios[20] Financial Performance and Refinancing - Gogo successfully refinanced $162 million in convertible debt and $690 million in senior secured notes, pushing 80% of maturities to 2024[26] - Gogo improved its free cash flow by $163 million, from -$214 million to -$51 million[28] - Cash flow from operating activities improved by $146 million, from -$82 million to $64 million[28] - Adjusted EBITDA improved 104% to $146 million from $71 million in 2018[30] - Net loss improved to -$146 million from -$162 million in 2018[30] Strategic Initiatives - Gogo launched its Gogo 5G project, which is on target for a 2021 launch[29] - Gogo is focused on continuing its drive to positive free cash flow and taking advantage of consolidation in the IFEC and Satellite industries[35]

Financial Performance - Q3 2019 - Total revenue grew to $128.2 million in Q3 2019, an increase of $20.6 million or 19% year-over-year from $107.6 million in Q3 2018[37] - Adjusted EBITDA reached $70.8 million, up from $61.9 million in the same quarter of 2018[37] - Commercial Services revenue was $77.6 million in Q3, an 8% increase year-over-year[29] - Government Solutions revenue was $50.6 million in Q3, a 42% increase year-over-year[29] Profitability & Margins - Commercial Services adjusted EBITDA was $51.1 million in Q3, a $1.7 million or 3% improvement year-over-year[29] - Government Solutions adjusted EBITDA was $19.8 million in Q3, a $7.2 million or 58% improvement year-over-year[29] - Pro Forma Adjusted EBITDA margin was 55%[32] Debt & Leverage - Net debt leverage decreased to 3.3x[36] Acquisition - Verra Mobility acquired Pagatelia to accelerate European expansion[13]

Financial Performance - Total revenue for Q1 2020 increased by $18.3 million to $116.7 million, a 19% year-over-year growth from $98.5 million in Q1 2019 [25] - Adjusted EBITDA for Q1 2020 was $54.9 million, up from $51.3 million in the same quarter of 2019 [25] - Cash flow from operations in Q1 2020 was $14.8 million, with $113.6 million in cash on hand at the end of the quarter [25] Segment Performance - Commercial Services revenue for Q1 2020 was $61.2 million, a decrease of 2.2% compared to the same quarter in the prior year [17] - Commercial Services adjusted EBITDA for Q1 2020 was $33.6 million, a decrease of $4.4 million or 11.5% from the same period of the prior year [17] - Government Solutions revenue for Q1 2020 was $55.5 million, an increase of 54.6% compared to the same quarter in the prior year [17] - Government Solutions adjusted EBITDA for Q1 2020 was $21.2 million, an improvement of $8.0 million or 60.6% from the same period of the prior year [17] Financial Position - Net debt leverage continues to decline, with increased EBITDA and strong cash flow generation [25] - The company has First Lien debt which matures in 2025 and a $75 million revolver that is undrawn [25] - The company believes that cash from operations and cash on hand will be sufficient to run the company for the next 12 months and beyond [25] Additional Considerations - The Commercial Services segment was impacted in March due to reduced demand resulting from COVID-19, and continued impact is expected in Q2 [17] - Profitability in the Commercial Services segment was impacted by a $3.3 million increase in bad debt due to specific reserves and the implementation of a new CECL accounting standard [17]

Q2 2020 Financial Performance - Total revenue decreased by $29.8 million, reaching $79.8 million in Q2 2020, compared to $109.6 million in Q2 2019[24] - Adjusted EBITDA was $27.6 million, a reduction from $59.7 million in the same quarter of 2019[24] - The company generated $7.7 million in cash flow from operations during Q2 2020 and held $113.2 million in cash at the end of the quarter[24] Segment Performance - Commercial Services revenue was $27.3 million in Q2, a 59.9% decrease year-over-year[11] - Commercial Services adjusted EBITDA was $7.3 million, down $36.9 million or 83.5% year-over-year[11] - Government Solutions revenue was $52.5 million in Q2, a 26.6% increase year-over-year[17] - Government Solutions adjusted EBITDA was $20.3 million, up $4.8 million or 30.6% year-over-year[17] Factors Affecting Performance - The Commercial Services segment was significantly impacted by reduced demand in the rental car industry due to COVID-19[11] - Avis Budget Group reported a 78% year-over-year revenue decline in April and a 59% decline in June, while Verra Mobility's Commercial Services segment outperformed these trends with a 64% decline in April and a 50% decline in June[11] - Credit loss expense increased by $4.3 million in Commercial Services, primarily due to the Hertz bankruptcy[11] - Product revenue in Government Solutions grew by $10.5 million due to camera sales to a large municipality, while service revenue improved by $0.6 million[17]

Earnings Overview Verra Mobility Q3 Earnings Presentation For the Quarter Ended September 30, 2020 Forward-looking statements This presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other simil ...

FY 2015 FOURTH QUARTER EARNINGS CALL November 12, 2015 Agenda COO – Power Financial Results Terrance Paradie Executive Vice President and Q&A 1 Chief Financial Officer TransDigm Overview W. Nicholas Howley Chairman and CEO Highlights, Market Review, Operating W. Nicholas Howley Performance and Outlook Chairman and CEO Operations and Value Creation Kevin Stein Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of ...

Agenda TransDigm Overview and Highlights W. Nicholas Howley Executive Chairman Kevin Stein President and CEO Michael Lisman CFO FY 2018 Fourth Quarter Earnings Conference Call November 6, 2018 Q&A 1 Operating Performance, Market Review and Outlook Financial Results Forward Looking Statements This presentation contains forward‐looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including information regarding our guidance for future periods. These forward‐looking st ...

FY 2017 Fourth Quarter Earnings Conference Call November 9, 2017 Agenda Overview, W. Nicholas Howley President and COO Terrance Paradie Executive Vice President and CFO Q&A Forward Looking Statements This presentation contains forward‐looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including information regarding our guidance for future periods. These forward‐looking statements are based on management's current expectations and beliefs, as well as a number of a ...