IN REVIEWING THE INFORMATION CONTAINED IN THIS PRESENTATION, YOU ARE AGREEING TO ABIDE BY THE TERMS OF THIS DISCLAIMER. THIS INFORMATION IS BEING MADE AVAILABLE TO EACH RECIPIENT SOLELY FOR ITS INFORMATION AND IS SUBJECT TO AMENDMENT. This presentation is prepared by XP Inc. (the "Company," "we" or "our"), is solely for informational purposes. This presentation does not constitute a prospectus and does not constitute an offer to sell or the solicitation of an offer to buy any securities. In addition, this d ...

FOURTH QUARTER AND FULL YEAR FISCAL 2025 EARNINGS NOVEMBER 2025 PRELIMINARY STATEMENTS NASDAQ: EZPW FORWARD LOOKING STATEMENTS This presentation contains certain forward-looking statements. These statements are based on the company's current expectations as to the outcome and timing of future events. All statements, other than statements of historical facts, that address activities or results that the company plans, expects, believes, projects, estimates or anticipates will, should or may occur in the futur ...

Core Points - The KORE Group Holdings, Inc. is conducting its Third Quarter 2025 Earnings Call, with a focus on discussing the company's financial results and performance [1][2]. Group 1: Earnings Call Overview - The call is led by Vik Vijayvergiya, Vice President of Investor Relations and Corporate Development, who encourages participants to follow along with the earnings presentation and press release [2]. - The company has made available a recording of the call on its Investor Relations page for future reference [2]. Group 2: Financial Information - The company will discuss non-GAAP financial information during the call, which serves as a supplement to the GAAP metrics [4]. - A reconciliation of non-GAAP metrics to GAAP reported figures is provided for clarity [4].

Core Insights - The company reported challenging third-quarter results primarily due to new tariffs impacting imported goods, but underlying demand for its brands remains strong, particularly for the Steve Madden brand [3][4] - The company anticipates stronger financial performance in the fourth quarter, expecting revenue growth of 27% to 30% compared to the same period in 2024 [11] Financial Performance - Total revenue for the third quarter of 2025 was $667.9 million, a 6.9% increase from $624.7 million in the same period of 2024 [8] - Gross profit as a percentage of revenue was 41.5%, unchanged from the same period in 2024, while adjusted gross profit increased to 43.4% from 41.6% [8] - Net income attributable to Steven Madden, Ltd. was $20.5 million, or $0.29 per diluted share, down from $55.3 million, or $0.77 per diluted share, in the same period of 2024 [8] Revenue Breakdown - Wholesale revenue decreased by 10.7% to $442.7 million compared to the third quarter of 2024, with a 19.0% decline when excluding the recently acquired Kurt Geiger [4] - Direct-to-consumer revenue surged by 76.6% to $221.5 million, with a 1.5% increase when excluding Kurt Geiger [5] Operational Highlights - The company operated 397 retail stores, including 99 outlets, and maintained seven e-commerce websites and 133 concessions in international markets [6] - As of September 30, 2025, total debt was $293.8 million, with cash and short-term investments totaling $108.9 million, resulting in net debt of $185.0 million [7] Future Outlook - For the fourth quarter of 2025, the company expects diluted EPS to be in the range of $0.30 to $0.35, with adjusted diluted EPS projected between $0.41 and $0.46 [11]

Core Viewpoint - Clearwater Paper Corporation reported a strong third quarter performance, achieving net sales of $399 million, driven by higher shipment volumes and effective cost reduction efforts, despite a significant net loss primarily due to a non-cash goodwill impairment charge [3][4]. Overall Results - For Q3 2025, net sales were $399 million, up from $393 million in Q3 2024, with a net loss from continuing operations of $54 million, or $3.34 per diluted share, compared to a net loss of $11 million, or $0.64 per diluted share in Q3 2024 [3][4]. - The increase in net loss was largely attributed to a $48 million non-cash goodwill impairment charge, influenced by a decline in market capitalization [3][4]. - Adjusted EBITDA from continuing operations was $18 million for Q3 2025, down from $21 million in Q3 2024, affected by maintenance outages and reduced sales prices, although offset by higher sales volumes and lower input costs [3][4]. Sales Volumes and Prices - Sales volumes reached 324,198 tons in Q3 2025, a 3% increase from 314,320 tons in Q3 2024, while the average net selling price for paperboard decreased by 3% to $1,160 per ton [5][6]. - For the first nine months of 2025, net sales totaled $1.2 billion, up from $997 million in the same period of 2024, with a net loss of $56 million, or $3.47 per diluted share, compared to a net loss of $54 million, or $3.27 per diluted share in the first nine months of 2024 [4][5]. Company Outlook - The company noted that the SBS market remains oversupplied, impacting the broader consumer paperboard market, but expressed optimism about recovery while focusing on cost reduction and maintaining market share [8]. - Clearwater Paper aims to achieve nearly $50 million in fixed cost reductions in 2025, exceeding its initial target of $30 to $40 million [5][8].

Core Insights - QNB Corp. reported a net income of $3,648,000 for Q3 2025, an increase from $3,338,000 in Q3 2024, with diluted earnings per share rising to $0.98 from $0.91 [1][5] - The company announced a merger agreement with The Victory Bancorp, expected to close in Q4 2025 or Q1 2026, creating a bank holding company with nearly $2.4 billion in assets [2] Financial Performance - For the nine months ended September 30, 2025, net income was $10,109,000, up from $8,397,000 in the same period of 2024, with diluted earnings per share increasing to $2.72 from $2.29 [1][5] - The annualized return on average assets and average shareholders' equity for Q3 2025 was 0.76% and 12.49%, respectively, compared to 0.74% and 13.25% in Q3 2024 [3] Income and Expenses - Net interest income for Q3 2025 was $12,998,000, an increase of $1,871,000 from Q3 2024, with a net interest margin of 2.72% compared to 2.48% in the prior year [7][8] - Total non-interest expense rose to $10,182,000 in Q3 2025 from $8,636,000 in Q3 2024, with a significant portion attributed to merger-related costs [17][19] Asset Quality - QNB recorded a provision for credit losses on loans of $98,000 in Q3 2025, down from $154,000 in Q3 2024, with total non-performing loans increasing to $8,947,000, or 0.72% of loans receivable [11][12] - The allowance for credit losses on loans was $9,255,000, representing 0.74% of loans receivable as of September 30, 2025 [11][12] Deposits and Loans - Total deposits increased by $52,999,000, or 3.3%, to $1,681,540,000 as of September 30, 2025, while loans receivable rose by $30,481,000, or 2.5%, to $1,246,529,000 [6][24] - The yield on earning assets was 4.91% for Q3 2025, up from 4.86% in Q3 2024, indicating improved asset utilization [8][9]

Financial Performance - The company's adjusted PPNR growth was the highest in over 2 years[8] - The reported EPS was $0.91, and the adjusted EPS was $0.93[9] - The reported ROA was 1.21%, and the adjusted ROA was 1.25%[9] - The reported ROE was 12.6%, and the adjusted ROE was 13.0%[9] - The reported ROTCE was 17.3%, and the adjusted ROTCE was 17.7%[9] Loan and Deposit Growth - Average consumer and commercial loans increased by 7% and 4% respectively compared to 3Q24[10] - Average deposits totaled $165 billion, with demand deposits accounting for 25%, interest checking 34%, money market and savings 33%, and time deposits 8%[32] - The company maintained CET1 above 10.5% while executing $300 million of share repurchases and raising the common dividend by 8%[10] Income Statement Analysis - Net interest income increased from $1.50 billion in 2Q25 to $1.525 billion in 3Q25[13] - Capital market fees increased by 28% quarter-over-quarter due to a strong rebound in loan syndications and M&A advisory revenue[14] - Wealth and asset management revenue increased by 11% year-over-year[15] - Mortgage banking net revenue increased by 16% year-over-year[15] - The adjusted efficiency ratio improved by 180 bps compared to 3Q24, reaching 54.1%[22] Credit Quality - The NCO ratio increased to 1.09%[36] - The ACL ratio as a % of portfolio loans and leases was 1.96%[36] Outlook - The company expects average loans & leases to be up 1% in 4Q25 compared to 3Q25[57] - The company expects noninterest income to be up 2-3% in 4Q25 compared to 3Q25[57]

Financial Performance Highlights - Net income reached $1.8 billion, translating to $4.35 diluted earnings per share[7] - Total revenue increased by 4%[8] - Fee income (non-GAAP) saw a 9% increase[8] - Pretax, pre-provision earnings (PPNR) (non-GAAP) grew by 8%[8] - Return on average tangible common equity (ROTCE) (non-GAAP) stood at 16.8%[8] Balance Sheet and Capital - The Basel III CET1 Capital Ratio was 10.6%[8] - Total loans averaged $325.9 billion, a 1% increase compared to the linked quarter and a 2% increase year-over-year[15] - Total deposits averaged $431.8 billion, showing a 2% increase both compared to the linked quarter and year-over-year[15] Revenue and Expenses - Total revenue reached $5.915 billion, a 4% increase compared to the linked quarter and a 9% increase year-over-year[25] - Net interest income was $3.648 billion, up 3% from the linked quarter and 7% year-over-year[25] - Noninterest expense was $3.461 billion, a 2% increase compared to the linked quarter and a 4% increase year-over-year[25]

Financial Performance - XP Inc's client assets, AUM, and AUA reached R$1.9 trillion, a 17% increase year-over-year[10] - Gross Revenue increased by 4% year-over-year to R$4.7 billion[12] - The company's EBT was R$1.3 billion, a 5% decrease year-over-year[12] - Net Income grew by 18% year-over-year, with a diluted EPS growth of 30% CAGR[15] - The company's ROE was 24.4%, a 223 bps increase year-over-year[14] Retail Investments - Retail Net New Money amounted to R$16 billion[26] - Retail revenue increased by 9% year-over-year to R$3.577 billion[66] - Equities and Fixed Income are the main contributors in Retail revenue[69] Wholesale - Institutional, Corporate, and Issuer Services Gross Revenue reached R$3.619 billion LTM[54] - Investment Banking DCM Volume was R$34 billion[54] Capital Management - The company's BIS Ratio is 20.1%[14, 105] - The company's VaR is R$28 million, or 13 bps of Equity[107]

Company Overview - As of June 30, 2025, CareTrust REIT's real estate portfolio has grown to 393 net-leased healthcare properties across 32 states and the United Kingdom, consisting of 35,719 operating beds/units[15] - CareTrust REIT also had 22 other real estate related investments related to 142 healthcare properties across 17 states, consisting of 13,944 operating beds/units and one financing receivable related to 46 properties in one state consisting of 3,820 operating beds/units[15] - The company's total investments reached $4,760 million, encompassing 581 properties and 53,483 operating beds/units across 46 operators and 34 states plus the UK[19] Portfolio Performance - As of June 30, 2025, Skilled Nursing Facilities (SNF) constitute 47.3% of the total investment, amounting to $2,252.12 million and generating $234.715 million in rent, with a current yield of 10.4%[31] - UK Care Homes represent 18.9% of the total investment, valued at $901.593 million, producing $67.500 million in rent, with a current yield of 7.5%[31] - Multi-Service Campuses account for 10.4% of the total investment, totaling $494.236 million and yielding $47.776 million in rent, with a current yield of 9.7%[31] - Seniors Housing makes up 3.8% of the total investment, with a value of $178.997 million, generating $17.010 million in rent, with a current yield of 9.5%[31] - Total Net-Leased Assets represent 80.4% of the total investment, amounting to $3,826.946 million and producing $367.001 million in rent, with a current yield of 9.6%[31] Financial Highlights - For the three months ended June 30, 2025, rental income was $86.033 million, compared to $55.407 million for the same period in 2024[52] - Net income attributable to CareTrust REIT, Inc for the three months ended June 30, 2025, was $68.545 million, or $0.36 per basic share[52] - The company's debt structure as of July 31, 2025, includes $400 million in senior unsecured notes payable at 3.875% and $500 million in senior unsecured term loan at 4.630%[63]