Group 1 - The announcement indicates that no stabilisation was carried out for the securities offered by Zenita Maticmind SPA, as per the Market Abuse Regulation [2] - The total nominal amount of the securities issued by Zenita Maticmind SPA is €375,000,000, with an offer price set at 100 [3] - The stabilisation managers involved in this offering include BNP Paribas, JPM, Unicredit, CVC CM, Banca Akros, BPER, CACIB, DB, IMI, and Natixis [4] Group 2 - The securities mentioned in the announcement are not registered under the United States Securities Act of 1933 and cannot be offered or sold in the United States without proper registration or exemption [5]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Klarna Group plc due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Shareholders of Klarna may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, as the Rosen Law Firm prepares to seek recovery of investor losses [2]. - Investors interested in joining the class action can submit their information through the provided link or contact the firm directly [2]. Group 2: Financial Performance and Market Reaction - Klarna reported record revenue that exceeded estimates for its third quarter, but also posted a net loss of $95 million, attributed to increased provisions for credit losses [3]. - Provisions for loan losses amounted to $235 million, surpassing analyst expectations of $215.8 million, and represented 0.72% of gross merchandise volume, an increase from 0.44% the previous year [3]. - Following the announcement of these financial results, Klarna's stock experienced a decline of 9.3% on November 18, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has been recognized for its significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in securities class action settlements since 2013 [4].

Group 1 - The article highlights the upcoming deadline of January 30, 2026, for investors to file a lead plaintiff motion in a class action lawsuit concerning DeFi Technologies Inc. (NASDAQ: DEFT) [1] - The class action is on behalf of investors who purchased or acquired DeFi Technologies securities during the specified Class Period from May 12, 2025, to November 14, 2025 [1] - The notice serves as a reminder for investors who suffered losses on their DeFi investments to consider pursuing claims [1]

Core Viewpoint - Mitsubishi UFJ Financial Group (MUFG) commemorates the 20th anniversary of its merger, highlighting its significant role in the global financial landscape and its commitment to sustainable growth [1][2][3]. Group 1: Company Overview - MUFG is one of the largest global financial groups, with nearly $3 trillion in assets and a presence in over 40 countries [4][5]. - The company has a history of over 360 years and employs approximately 150,000 people, offering a wide range of financial services [5][6]. - MUFG aims to be the world's most trusted financial group, focusing on collaboration and sustainable growth [5]. Group 2: Economic Contribution - MUFG plays a crucial role in the U.S. economy by providing capital to thousands of companies, thereby supporting job creation and economic activity [4]. - The company emphasizes its global strength and local knowledge to deliver financial solutions that promote restorative growth across various industries [3][4]. Group 3: Leadership and Vision - MUFG's leadership, including President Hironori Kamezawa and other executives, participated in ringing The Closing Bell® at the New York Stock Exchange to mark the anniversary [2]. - The company's purpose statement reflects its commitment to empowering a brighter future through extensive resources and expertise [3].

Financial Performance - StoneX's Q4 2025 operating revenues increased by 31% to $1,202.3 million[11] - Net income for Q4 2025 rose by 12% to $85.7 million[11] - Full fiscal year 2025 operating revenues grew by 20% to $4,126.9 million[11] - Full fiscal year 2025 net income increased by 17% to $305.9 million[11] - Book value per share increased by 27% to $45.56[14] Acquisitions and Integration - RJO/Benchmark acquisitions added $32.4 million to total fixed compensation and other expenses[14] - Net operating revenue from RJO was $69.6 million, and from Benchmark was $11.0 million[14] - Pre-tax income from RJO was $22.1 million, and from Benchmark was $2.4 million[14] - RJO held $6.3 billion in client segregated/secured assets[43] Client Balances - Q4 2025 average client equity plus MMF/FDIC sweep was approximately $12.6 billion, a 65% increase compared to Q4 2024[14]

Core Insights - StoneX Group Inc. reported record fiscal year results with net income of $305.9 million, a 17% increase year-over-year, and quarterly net operating revenues of $585.1 million, up 29% [1][2] - The company achieved a record quarterly net income of $85.7 million, with a quarterly return on equity (ROE) of 15.2% [1][2] - The strong performance was attributed to growth in equities trading, prime brokerage, and fixed income, alongside the successful acquisitions of R.J. O'Brien and The Benchmark Company, LLC [2][3] Financial Performance - For the fiscal year ended September 30, 2025, total revenues reached $132.4 billion, a 33% increase from $99.9 billion in the previous year [5] - Quarterly net operating revenues increased to $585.1 million from $454.8 million, marking a 29% rise [26] - The company reported a diluted earnings per share (EPS) of $1.57 for the quarter and $5.89 for the fiscal year, reflecting increases of 1% and 11% respectively [1][5] Revenue Breakdown - Operating revenues from listed derivatives increased by 76% to $207.6 million for the quarter, driven by the acquisition of R.J. O'Brien [13][17] - Securities transactions saw a revenue increase of 26% to $519.4 million, supported by a 25% rise in average daily volume [19][20] - Operating revenues from physical contracts rose by 24% to $65.9 million, primarily due to increased agricultural and energy revenues [21] Segment Performance - The Commercial segment reported revenues of $31.8 billion for the fiscal year, a 33% increase, while the Institutional segment's revenues grew by 27% to $2.5 billion [33] - The Self-Directed/Retail segment experienced a decline in quarterly revenues by 22% to $81.1 million, although it saw a slight annual increase of 4% [9][10] - Payments segment revenues increased by 7% to $52.1 million for the quarter, with a 2% annual growth [9][10] Cost and Expense Analysis - Total interest expense for the quarter was $436.3 million, a 29% increase from the previous year, primarily due to growth in the securities repo and lending businesses [23][24] - Variable compensation and benefits increased by 52% to $183.2 million for the quarter, reflecting the company's growth [27] - Total non-variable expenses were reported at $293.8 million, accounting for 45% of total expenses, compared to 49% in the previous year [27] Strategic Outlook - The company aims to enhance its product offerings and client base through the integration of recent acquisitions, focusing on expanding geographic reach and maintaining high client service standards [3][2] - The acquisition of R.J. O'Brien is expected to significantly contribute to future revenue growth, with an incremental $5.6 billion in average client equity post-acquisition [22][17]

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to complement the Zacks Rank, aiding investors in selecting stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A indicating the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Concentrates on a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks experiencing upward or downward trends, utilizing metrics like one-week price changes and monthly earnings estimate changes [5] VGM Score - Combines all three Style Scores to provide a comprehensive rating, highlighting stocks with attractive value, strong growth forecasts, and promising momentum [6] Zacks Rank Integration - The Zacks Rank leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.93% since 1988 [7] - The Style Scores assist in narrowing down stock selections among the numerous top-rated stocks available [8] Stock to Watch: Goldman Sachs - Goldman Sachs is rated 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating moderate potential [11] - The stock has a Momentum Style Score of B, with a recent price increase of 0.2% over the past four weeks [12] - Analysts have raised earnings estimates for fiscal 2025, with the Zacks Consensus Estimate increasing by $2.29 to $48.57 per share, and an average earnings surprise of +21.3% [12]

3Q 2025 Business Results CET1 Ratio (Preliminary) 13.56% (Δ6bp QoQ) RWA 348.0 Wtn (+2.3% QoQ) 3Q25 Net Income / EPS 1.42 Wtn / KRW 12,196 ROE / ROTCE (3Q25) 11.1% / 12.5% DPS KRW 570 (Record Date: November 4th ) Share Buyback for FY2025 1.25 Wtn (Completion Rate 74.4%) CET1 ratio remained stable at 13.56%(Δ6bp QoQ) despite market uncertainties Group RWA increased by +8.0 Wtn (+2.3% QoQ) due to KRW depreciation and loan growth, but remains managed within annual budget plan : KRW loan balance increased by +8. ...

Financial Data and Key Metrics Changes - The company reported net income of $4.9 million, a decrease of $16.9 million or 77.5% compared to the previous quarter [10] - Diluted earnings per share were $0.16, down from $0.72 linked quarter [10] - Net interest income increased by $1.45 million or 2.7% compared to the linked quarter [14] - The tax equivalent net interest margin decreased by one basis point to 2.94% [14] Business Line Data and Key Metrics Changes - Loans increased to $4.77 billion, a linked quarter increase of $163.4 million or 3.5% [10] - The increase in loans was driven by $82.6 million in commercial real estate loans, $49.3 million in commercial loans, and $49.1 million in construction loans [10] - Non-performing assets increased to approximately $2.7 million, representing 0.42% of total assets [9][11] Market Data and Key Metrics Changes - The company’s securities portfolio was $2.56 billion, a decrease of $174.2 million or 6.4% from the previous quarter [11] - Deposits increased by $329.6 million or 5% on a linked quarter basis [13] Company Strategy and Development Direction - The company is focused on repositioning its available-for-sale (AFS) securities portfolio to enhance future net interest income and provide balance sheet flexibility [3] - There is an ongoing interest in potential acquisitions and hiring due to market disruptions caused by larger banks [24] Management's Comments on Operating Environment and Future Outlook - The Texas economy is expected to grow at a faster pace than the overall U.S. growth rate [5] - Management anticipates a slight increase in net interest margin for the fourth quarter, driven by loan growth and securities restructuring [19][20] Other Important Information - The company issued $150 million of subordinated notes at a fixed to floating rate [4] - The allowance for credit losses increased to $48.5 million, while the allowance for loan losses as a percentage of total loans decreased to 0.95% [11] Q&A Session Summary Question: What is the expected net interest margin for the fourth quarter? - Management expects the net interest margin to be up slightly due to the impact of subordinated notes and loan growth [19][20] Question: Any updates on potential acquisitions or hiring? - Management is looking at a few institutions for potential acquisition and has made some new hires due to market disruptions [24] Question: How is the loan pipeline looking entering the fourth quarter? - The loan pipeline rebounded to $1.8 billion, indicating strong future loan production [32] Question: What is the pricing competition like in the market? - There is intense competition in both commercial real estate and C&I lending, but the company is maintaining a disciplined pricing approach [34] Question: What are the expectations for trust fee growth? - Management anticipates double-digit revenue growth in trust fees due to a strong team and new client acquisitions [42] Question: How many rate cuts are expected through year-end and into 2026? - Management anticipates at least two rate cuts next year, depending on inflation and employment conditions [44]

Financial Data and Key Metrics Changes - The company reported a net income of $25.7 million or $0.50 per diluted share for Q3 2025, a slight decrease from $26.4 million or $0.51 per diluted share in Q2 2025, reflecting an annualized ROA of 0.97% and an annualized ROATCE of 11.45% [6][11] - Net interest income increased to $100.6 million in Q3 2025 from $98.3 million in Q2 2025, driven by higher earning assets and a net interest margin of 4.2%, up from 4.18% in the previous quarter [6][7] - The allowance for credit losses on loans decreased to $78.9 million or 1.1% of loans, down from $83.2 million or 1.14% at the end of Q2 2025 [9] Business Line Data and Key Metrics Changes - Non-interest income decreased to $5 million in Q3 2025 from $5.8 million in Q2 2025, primarily due to write-downs on foreclosed assets [10] - Non-interest expenses increased to $73.1 million from $70 million in the previous quarter, attributed to higher salaries and benefits, including severance expenses related to branch closures [10] Market Data and Key Metrics Changes - The company experienced strong deposit growth, with 51% of new deposits coming from new customers, indicating a successful strategy in expanding market share [24] - The total risk-based capital ratio improved to 16.33% at the end of Q3 2025, compared to 15.98% at the end of Q2 2025 [11] Company Strategy and Development Direction - The company aims to enhance shareholder value through disciplined asset building, protecting margins, and focusing on full client relationships [5] - The management emphasized the importance of maintaining a strong balance sheet to support quality growth and to be opportunistic in the current competitive landscape [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in credit quality, noting that charge-offs were primarily from small credits that were already identified and reserved for [4] - The company anticipates continued loan origination growth, with a healthy pipeline and a year-to-date increase of 62% in loan originations compared to the previous year [18] Other Important Information - The company repurchased shares and paid down $30 million of subordinated debt after the quarter ended, reinforcing its capital position [5] - The tangible book value per share increased by 9.3% year-over-year, from $19.28 to $21.08 [11] Q&A Session Summary Question: What is driving the payoffs and paydowns? - Payoffs were about $50 million more than the previous quarter, with 44% related to collateral sales and 25% to refinancing elsewhere [16][17] Question: What are the current credit concerns? - Management stated that stress testing and portfolio monitoring are in place, and they are cautious about the mix of C&I credits while maintaining a focus on real estate loans [19][20] Question: What are the drivers behind deposit growth? - The growth was driven by new accounts, with 51% of new deposits from new customers, reflecting brand awareness and customer satisfaction improvements [24] Question: What are the expectations for loan growth and payoffs? - Management expects a lift from advances exceeding paydowns, with a healthy pipeline and loan originations anticipated to continue growing [44][46] Question: What is the company's approach to M&A? - The company is cautious about M&A, focusing on finding partners that align with their funding structure and protecting their balance sheet [48]