Group 1 - Thomasville National Bank has appointed Ted Frazee to its Board of Directors, who is currently the President of Redwire, an electronic security and life-safety integration company [1][2] - Ted Frazee has been with Redwire since 2003 and has served as President since 2016, bringing significant experience to the board [1] - The bank's Chairman and CEO, Stephen Cheney, expressed confidence that Frazee's expertise will enhance the board's effectiveness and strategic impact, particularly in the Tallahassee market [2] Group 2 - Thomasville Bancshares, Inc. is the holding company for Thomasville National Bank, which has total assets exceeding $2 billion and provides full-service banking and commercial lending in South Georgia and North Florida [2] - Thomasville National Bank was ranked 4th nationally in American Banker's Top 200 Community Banks in 2025 based on a three-year average return on shareholders' equity [2] - The bank's trust and investment division, TNB Financial Services, manages client assets over $5.5 billion and offers a range of financial services [2]

Group 1 - Thomasville National Bank has appointed Ted Frazee to its Board of Directors, who is currently the President of Redwire, an electronic security and life-safety integration company [1][2] - Ted Frazee has been with Redwire since 2003 and has served as President since 2016, bringing significant experience to the board [1] - The bank's Chairman and CEO, Stephen Cheney, expressed confidence that Frazee's expertise will enhance the board's effectiveness and strategic impact, particularly in the Tallahassee market [2] Group 2 - Thomasville Bancshares, Inc. is the holding company for Thomasville National Bank, which has total assets exceeding $2 billion and provides full-service banking and commercial lending in South Georgia and North Florida [2] - Thomasville National Bank was ranked 4th nationally in American Banker's Top 200 Community Banks in 2025 based on a three-year average return on shareholders' equity [2] - The bank's trust and investment division, TNB Financial Services, manages client assets over $5.5 billion and offers a range of financial services [2]

Core Insights - Marquette National Corporation has appointed Meghan E. McCarthy to its Board of Directors, enhancing its governance and stability through her expertise in financial stewardship and risk management [1][2]. Company Overview - Marquette National Corporation is a diversified bank holding company with total assets of $2.2 billion, operating a full-service community bank, Marquette Bank, which offers a wide range of financial solutions [5]. Board Member Profile - Meghan E. McCarthy specializes in US tax matters and has been recognized in The Best Lawyers in America for her expertise in tax law. She previously worked at KPMG US and holds degrees from Cornell University and Boston College Law School [3]. Personal Connection - McCarthy expressed her honor in joining the board of a family business founded by her grandfather 80 years ago, indicating a personal commitment to the company's legacy [4].

Core Viewpoint - Prosperity Bancshares, Inc. has successfully completed the merger with Southwest Bancshares, Inc. and its subsidiary Texas Partners Bank, effective February 1, 2026, enhancing its market presence in Texas [1][2]. Group 1: Merger Details - The merger agreement resulted in Prosperity issuing 4,095,397 shares of common stock to former shareholders and award holders of Southwest [2]. - Texas Partners operates 11 banking offices in Central Texas, including San Antonio, and will continue to use its name until operational integration, expected by November 2026 [4]. Group 2: Management Changes - Brent Given, the Interim Chairman and CEO of Texas Partners, will become the San Antonio Area Chairman at Prosperity Bank, while Tom Moreno will take a senior management role [3]. - Additional Texas Partners management will retain leadership positions within the combined organization, and Gene Dawson, Jr. has joined the Board of Directors of Prosperity Bank [3]. Group 3: Company Overview - As of December 31, 2025, Prosperity Bancshares is a regional financial holding company with assets of $38.463 billion, providing a range of banking services across Texas and Oklahoma [5]. - Prosperity operates 301 full-service banking locations across various regions, including Houston, Dallas/Fort Worth, and Central Texas [6].

Financial Data and Key Metrics Changes - The company reported a statutory profit after tax of GBP 4.8 billion, with a return on tangible equity of 12.9% or 14.8% excluding the motor provision [18][20] - Net income for the full year was GBP 18.3 billion, up 7% compared to 2024, driven by growth in net interest income (NII) and other income (OOI), which increased by 6% and 9% respectively [18][20] - The tangible net asset value per share increased to 57 pence, up 4.6 pence in 2025 [35] Business Line Data and Key Metrics Changes - Retail banking saw growth in mortgages, credit cards, and European retail, with mortgages up GBP 10.8 billion or 3% to GBP 323 billion [25][22] - Commercial Banking lending increased by GBP 2.7 billion, with strategic areas like infrastructure and project finance showing encouraging progress [26] - Other operating income was GBP 6.1 billion, up 9% year-on-year, with retail OOI growing by 12% and insurance, pensions, and investments by 11% [29][30] Market Data and Key Metrics Changes - Total deposits increased by GBP 13.8 billion or 3% in 2025, with retail deposits up GBP 5.5 billion and commercial deposits up GBP 8.5 billion [22][27] - The structural hedge notional stood at GBP 244 billion at year-end, with hedge income around GBP 5.5 billion, expected to increase to circa GBP 7 billion in 2026 [28] Company Strategy and Development Direction - The company is entering the final phase of its 5-year strategic plan, focusing on faster-growing sectors such as housing, pensions, investments, and infrastructure [4][5] - The acquisition of Schroders Personal Wealth is aimed at enhancing the company's wealth offering and deepening relationships with mass affluent customers [7][8] - The company is committed to improving operating leverage and reducing the cost-income ratio to below 50% by 2026 [11][31] Management's Comments on Operating Environment and Future Outlook - The management is optimistic about the UK economy, forecasting resilient but slower growth, with interest rates gradually falling in 2026 [4] - The company upgraded its return on tangible equity target for 2026 to greater than 16%, reflecting confidence in future performance [40][39] - Management emphasized the importance of cost discipline and strategic execution in driving shareholder distributions and financial performance [2][39] Other Important Information - The company announced a 15% increase in the ordinary dividend and a share buyback of up to GBP 1.75 billion [2][18] - Cumulative cost savings of approximately GBP 1.9 billion have been realized since 2021, supporting ongoing strategic investments [10][31] Q&A Session Summary Question: Insights on deposit performance and expectations for 2026 - The company noted strong deposit growth in 2025, with expectations for continued healthy performance in 2026, despite some seasonal variations [44][47] Question: Clarification on cost growth and management - The management indicated that cost discipline remains critical, with a projected cost base of less than GBP 9.9 billion for 2026, reflecting limited absolute cost growth [49][50] Question: Guidance on net interest income (NII) and capital distribution - The company expects NII to grow to GBP 14.9 billion in 2026, with steady growth anticipated throughout the year, and plans to review capital distributions on a half-yearly basis [56][62]

分组1 - Marquette National Corporation declared a cash dividend of $0.33 per share, marking a 6.5% increase from the previous quarter [1] - The dividend is scheduled to be paid on April 1, 2026, to shareholders of record on March 20, 2026 [1] - As of December 31, 2025, Marquette had 4,388,532 shares issued and outstanding [1] 分组2 - Marquette National Corporation is a diversified bank holding company with total assets of $2.2 billion [2] - The company's banking subsidiary, Marquette Bank, operates as a full-service community bank in the Chicagoland area, offering a wide range of financial solutions [2] - Marquette Bank has 20 branches located in various cities including Chicago, Bolingbrook, and Orland Park, Illinois [2]

Company Overview - PicPay is one of the largest digital banks in Brazil by number of customers, offering a range of financial products and services including digital wallets, credit cards, loans, "Buy Now Pay Later" (BNPL), investments, and insurance [6] - As of the third quarter of 2025, PicPay serves over 66 million customers, with 42 million active users [6] - The company reported an annualized return on equity (ROE) of 17.4% in the third quarter of 2025 [6] - For the first nine months of 2025, PicPay recorded total revenue and financial income of R$7.3 billion (approximately US$1.37 billion) and a net profit of R$313.8 million (approximately US$59 million) [6] - As of September 30, 2025, consumer deposits held by PicPay amounted to R$27 billion (approximately US$5 billion) [6] Initial Public Offering (IPO) Details - PicPay announced the pricing of its initial public offering, consisting of 22,857,143 Class A common shares at a public offering price of US$19.00 per share [1] - The Class A common shares are expected to begin trading on the Nasdaq Global Select Market under the symbol "PICS" on January 29, 2026 [1] - Prior to the closing of the offering, PicPay plans to change its name from Picpay Holdings Netherlands B.V. to PicS N.V., effective on Nasdaq on January 30, 2026 [1] - The underwriters have been granted a 30-day option to purchase up to an additional 3,428,572 Class A common shares at the initial public offering price [2]

Core Viewpoint - Prosperity Bancshares, Inc. has announced a definitive merger agreement to acquire Stellar Bancorp, Inc., which will create the second largest bank by deposits headquartered in Texas, enhancing their market presence and operational scale [1][5][7]. Company Overview - Prosperity Bancshares, Inc. is a regional financial holding company based in Houston, Texas, with total assets of $38.463 billion as of December 31, 2025, providing a range of banking services across Texas and Oklahoma [11]. - Stellar Bancorp, Inc. operates Stellar Bank, which has total assets of $10.807 billion, total loans of $7.301 billion, and total deposits of $9.021 billion as of December 31, 2025 [1][13]. Merger Details - Under the merger agreement, Prosperity will issue 0.3803 shares of its common stock and $11.36 in cash for each outstanding share of Stellar common stock, valuing the total consideration at approximately $2.002 billion based on Prosperity's closing price of $72.90 on January 27, 2026 [2]. - The merger has been unanimously approved by the Boards of Directors of both companies and is expected to close in the second quarter of 2026, pending regulatory approvals and shareholder consent [7]. Leadership Changes - Following the merger, Robert R. Franklin, Jr. will join Prosperity Bank as Vice Chairman, and Ramon Vitulli will become Houston Area Chairman, with additional Stellar management retaining leadership roles in the combined organization [3][4]. Strategic Rationale - The merger is expected to create a stronger banking franchise in Texas, enhancing the ability to serve customers with greater scale and expanded capabilities, while also maintaining a commitment to community banking [5][6].

Core Viewpoint - Prosperity Bancshares, Inc. has authorized a stock repurchase program allowing the company to buy back up to 5% of its outstanding common stock, approximately 4.87 million shares, over a one-year period ending January 26, 2027 [1] Group 1: Stock Repurchase Program - The repurchase program will be executed at management's discretion and may involve open market transactions or trading plans compliant with Rule 10b5-1 of the Securities Exchange Act of 1934 [2] - The actual number of shares repurchased will depend on various factors including market conditions, price, and corporate liquidity requirements [2][3] - The company is not obligated to repurchase a specific number of shares and may suspend or terminate the program at any time without prior notice [3] Group 2: Company Overview - Prosperity Bancshares, Inc. is a regional financial holding company based in Houston, Texas, with total assets of $38.330 billion as of September 30, 2025 [4] - The company provides a range of personal banking services and investments to consumers and businesses in Texas and Oklahoma, operating 301 full-service banking locations [4][5] - Founded in 1983, Prosperity Bancshares emphasizes a community banking philosophy, offering traditional deposit and loan products, digital banking solutions, and wealth management services [4]

Core Insights - Thomasville Bancshares, Inc. reported strong financial performance for 2025, achieving record earnings and growth driven by significant loan growth, an expanding margin, and excellent operating efficiency [3][5] - The company aims to be the best community bank in the country and has been recognized as a top-ranked community bank in Georgia and among the top 10 banks in America [3] Financial Performance - Net income for 2025 was $44,704,791, a 14% increase from $39,270,458 in 2024 [5] - Earnings per share were $6.94 (basic) and $6.73 (diluted) [5] - Pre-tax pre-provision income rose to $63.4 million, an increase of $10.4 million or 20% compared to 2024 [5] - Total revenue reached $148,834,557, including $21.6 million from the Trust & Investment Division [5] Asset and Loan Growth - Total assets at year-end were $2.09 billion, an increase of $195 million over 2024 [5] - Loans increased by $226 million to $1.765 billion, representing a 15% year-over-year growth [5] - Deposits grew by $149 million to $1.8 billion, a 9% year-over-year increase [5] Credit Quality and Capital - Credit metrics remained strong, with classified assets to average outstanding loans at 0.43% and non-performing loans at only 0.25% [5] - The bank expensed $6 million to its loan loss reserve, bringing it to a robust 2.42% [5] - Capital increased by $32 million to $197 million, a 16.2% rise [5] Dividends and Client Assets - Total dividends paid for the year were $2.70, marking a 17% increase over 2024 and the 26th consecutive year of dividend growth [5] - TNB Financial Services now manages client assets exceeding $5.5 billion [5]