Core Insights - Banco Santander Chile is proposing a strategic alliance with PagoNxt, enhancing Getnet Chile's technological capabilities and international reach [1][3] - The transaction involves incorporating Getnet Payments, SL. into Getnet Chile, with Banco Santander Chile maintaining a controlling 50.01% stake [2] - This partnership aims to strengthen Getnet's market leadership and competitiveness in the payments sector [5][4] Financial Overview - As of September 30, 2025, Banco Santander Chile reported total assets of $73.258 billion, total gross loans of $44.002 billion, total deposits of $31.515 billion, and shareholders' equity of $4.930 billion [7] - The BIS capital ratio stood at 16.7%, with a core capital ratio of 10.8% [7] Market Position - Getnet Chile has achieved an 18.9% market share in physical card transactions within four years and operates over 316,000 POS nationwide [1] - PagoNxt processed payments worth €222 billion in 2024, handling 9.8 million transactions for 1.2 million merchants, indicating its significant scale in the payments market [4]

Supplemental Information Q4 FISCAL YEAR 2025 1 Revenue Composition(1) | ($ in thousands) | | | | | | | | | Quarter Ended | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | September 30, | | | | | | December 31, | | September 30, | | | | | | December 31, | | | | 2025 | | June 30, 2025 | | March 31, 2025 | | 2024 | | 2024 | | June 30, 2024 | | March 31, 2024 | | 2023 | | Software and related service revenue | | | | | | | | | | | | | | ...

Core Insights - Chime Financial Inc. (NASDAQ:CHYM) has seen a significant rally of 18.46% week-on-week, driven by an improved financial growth outlook for the full year despite mixed earnings in the previous quarter [1][2]. Financial Performance - The company now expects full-year revenues to be between $2.163 billion and $2.173 billion, an increase from previous estimates of $2.135 billion to $2.155 billion, reflecting a growth rate of 29% to 30% compared to the prior estimate of 28% to 29% [2]. - Adjusted EBITDA outlook has been raised to $113 million to $118 million from a previous range of $84 million to $94 million [2]. - For the fourth quarter, projected revenues are expected to be between $572 million and $582 million, indicating a year-on-year growth of 20% to 23% [3]. - Adjusted EBITDA for the fourth quarter is targeted at $43 million to $48 million [3]. - The company reported a 28.7% increase in revenues to $543 million from $422 million in the same period last year, primarily due to a 16% rise in payments revenue to $363 million [4]. Membership Growth - Chime Financial has grown its active members by 21% to 9.1 million, showcasing the strength of its business model and customer trust [4][5]. Management Commentary - CEO Chris Britt highlighted the company's outstanding quarter, exceeding guidance, expanding margins, and raising the full-year outlook, emphasizing the strength of their revenue and active member growth [5].

Core Insights - American Express Company announced management participation in upcoming investor conferences to discuss its business strategy and financial performance [1] - Live audio webcasts of the discussions will be available to the public through the American Express Investor Relations website [1] - The company has a strong global presence with over a hundred million merchant locations [3] Company Overview - American Express is a global payments and premium lifestyle brand powered by technology [2] - The brand is built on trust, security, and service, with a rich history of delivering innovation and Membership value [3] - The company aims to provide the best customer experience to a diverse range of consumers and businesses [3] Upcoming Events - The KBW Fintech Payments Conference is scheduled for November 12, 2025, starting at 9:25 a.m. (ET) [5] - The Goldman Sachs U.S. Financial Services Conference will take place on December 10, 2025, beginning at 9:20 a.m. (ET) [5]

Core Insights - The payments provider is focusing on educational marketing strategies ahead of its initial public offering this week [1] Company Strategy - The company aims to enhance its marketing approach by making it more educational to attract potential investors [1]

Financial Performance Highlights - Total revenue for Q2 Fiscal Year 2025 reached $63059 thousand, a 9% year-over-year increase[4] - Software and related service revenue totaled $46223 thousand, with a 10% year-over-year growth[4] - Payments revenue amounted to $14141 thousand, reflecting a 4% year-over-year increase[4] - Total Annualized Recurring Revenue (ARR) reached $199052 thousand, a 7% increase compared to the previous year[4] Segment Performance - Public Sector revenue from continuing operations for the three months ended March 31, 2025, was $52405 thousand, an 11% increase[15] - Healthcare revenue from continuing operations for the same period was $10857 thousand, a decrease of 2%[15] - Adjusted EBITDA from continuing operations was $17142 thousand, a 13% increase[15] - Adjusted diluted earnings per share from continuing operations was $032[18] Strategic Business Changes - The company sold its healthcare revenue cycle management business (the "Healthcare RCM Business") on May 5, 2025[5] - Historical results of the Merchant Services Business have been reflected in discontinued operations following its sale on September 20, 2024[5] Non-GAAP Measures - Adjusted EBITDA from continuing operations equals net income (loss) from continuing operations attributable to i3 Verticals Inc, before interest, income taxes, depreciation and amortization, adjusted to add back net income (loss) from continuing operations attributable to non-controlling interest, and to exclude certain items which the Company believes do not fully reflect our underlying operating performance[14]

Financial Data and Key Metrics Changes - In 2024, adjusted net income reached BRL2.2 billion, exceeding guidance of BRL1.9 billion, despite macroeconomic headwinds and over BRL100 million in negative impacts from accounting changes [15][18] - Adjusted net margin was 18.4% in Q4 2024, up 1 percentage point year-over-year [18] - Total revenues for Q4 2024 increased by 11% year-over-year, driven by active client base growth and higher monetization [19] Business Line Data and Key Metrics Changes - MSMB card TPV reached BRL403 billion in 2024, a 15% year-over-year growth, while total MSMB TPV reached BRL454 billion, a 22% increase [10] - The MSMB take rate was 2.55% in 2024, exceeding guidance of 2.49% [13] - The credit portfolio grew to BRL1.2 billion, significantly above the BRL800 million target, with non-performing loans over 90 days at a controlled 3.61% [13][34] Market Data and Key Metrics Changes - Retail deposits closed 2024 at BRL8.7 billion, surpassing guidance of BRL7 billion, reflecting strong performance in bundled payments and banking offerings [11] - The banking active client base increased by 46% year-over-year to 3.1 million clients [28] Company Strategy and Development Direction - The company aims to establish Stone accounts as the primary financial hub for clients, focusing on enhancing the value proposition with a comprehensive product ecosystem [11][12] - The strategy includes a shift towards using deposits to fund operations, which is expected to reduce funding costs and improve capital structure [30][31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continuing to outpace market growth and expanding share in the MSMB payments market [10] - The company remains focused on delivering sustainable long-term value creation despite potential macroeconomic challenges [65] Other Important Information - The company introduced gross profit as a key performance measure, which reached BRL1.7 billion in Q4 2024, growing 13% year-over-year [21] - A goodwill impairment charge of BRL3.6 billion was recognized for the software cash-generating units, which is a non-cash accounting adjustment [42] Q&A Session Summary Question: Performance of banking solutions and room for improvement - Management highlighted that deposit growth is outpacing TPV due to successful bundling of payments and banking solutions, with ongoing development of new products [68][70] Question: View on dividends given excess capital - Management indicated that while they have returned over BRL2 billion in share buybacks, they are not committing to specific targets for capital allocation at this time [76][78] Question: Details on price increases and guidance on EPS - Management confirmed that a substantial repricing initiative was executed at the beginning of Q1 2025, with adjustments based on yield curve projections [89][92] - The decision to guide basic EPS instead of diluted EPS was made to avoid volatility and complexity in calculations [94][96] Question: Potential sale of the Software business - Management stated that no offers met their intrinsic value for the software assets, and they will focus on maximizing value through cross-selling financial services [112][114]