Blue Sky Bank Turns to Jack Henry to Drive Innovation, Elevate Customer Service and Support Growth [Accessibility Statement] Skip Navigation$1.3 billion-asset bank enhances commercial and retail banking capabilitiesMONETT, Mo., Feb. 11, 2026 /PRNewswire/ -- Jack Henryâ"¢ (Nasdaq: JKHY) announced today that [Blue Sky Bank] selected Jack Henry to provide customers with modern, competitive offerings through a blend of self-service and personal banking experiences. Jack Henry's commitment to research and develo ...

Summary of PNC Financial Services Group Conference Call Company Overview - **Company**: PNC Financial Services Group (NYSE: PNC) - **Date**: February 10, 2026 - **Speaker**: Rob Reilly, CFO Key Points Industry Outlook - The banking sector's operating outlook for 2026 is constructive, supported by domestic economic growth and stabilized labor markets [4][5] - Geopolitical uncertainties have not significantly derailed loan activity, with strong pipelines and momentum continuing into 2026 [5][6] Loan Growth and Guidance - PNC expects loan growth of approximately 8% for 2026, including contributions from the FirstBank acquisition [6] - Standalone loan growth is expected to be around 4%, with commercial loan growth anticipated to exceed expectations due to strong pipelines and capital expenditure needs [10][12] - The commercial real estate (CRE) sector is expected to stabilize by the end of Q1 2026, which will positively impact loan growth [14][17] Market Dynamics - PNC's growth markets, particularly Texas, California, and Florida, are driving loan growth, with onshoring manufacturing contributing to this trend [20][22] - The bank plans to open 300 new branches over the next five years, aiming to increase market penetration and consumer deposits [25][31] Financial Performance - PNC anticipates a 14% growth in net interest income (NII) for 2026, driven by fixed-rate asset repricing and loan growth [42][44] - The bank's net interest margin is expected to exceed 3% in the latter half of 2026, with continued expansion anticipated [50][51] Fee Income and Capital Markets - Capital markets fees grew by 18% in 2025, with strong pipelines for 2026 expected to yield high single-digit growth [53][54] - PNC's asset management business is performing well, with nearly 10% growth attributed to affluent new markets [56] Regulatory Environment - The Basel III Endgame is a significant focus, with potential reductions in risk-weighted assets (RWA) that could enhance capital efficiency [86][87] - Compliance costs and resource allocation are being optimized to improve operational efficiency [87] Technology and AI Investments - PNC is targeting $1.5 billion in addressable spend reductions through AI applications across various operational areas, including compliance and retail operations [100][101] - The bank is enhancing its technology infrastructure to support national operations and improve customer service [34][100] Capital Return Strategy - PNC plans to continue share buybacks, maintaining capital flexibility while monitoring tangible book value [109] - The bank is cautious about future M&A activity, focusing on quality acquisitions in the $10 billion to $100 billion range, while avoiding larger banks [112][113] Conclusion - PNC Financial Services Group is positioned for growth in 2026, with a strong focus on loan growth, market expansion, and operational efficiency. The bank's strategic investments in technology and regulatory compliance are expected to enhance its competitive position in the banking sector.

Full Year 2025 Highlights Record annual net income of $93.6 million, an increase of $5.1 million compared to 2024; basic earnings per common share of $134.96, up 11.52% from the prior year; and diluted earnings per common share of $133.96, up 10.69% from the prior year;Record fourth quarter net income of $23.8 million, up 9.05% from $21.8 million in the fourth quarter of 2024; basic earnings per common share of $34.79, up 11.83% from the fourth quarter 2024; and diluted earnings per common share of $34.29, ...

Financial Data and Key Metrics Changes - In Q4 2025, the company reported earnings per share of $0.95 and net income of $29.5 million, achieving a run rate on average assets of 1.19%, exceeding the targeted 1% [11][12] - Net interest income (NII) increased by 10.2%, while revenue, excluding notable items, rose by 8.8% [5][11] - Non-interest expense, excluding notable items, decreased by 0.7% [5][14] - The annualized pre-tax, pre-provision return on assets (ROA) increased to 1.7% from 1.63% [11] Business Line Data and Key Metrics Changes - Loan origination increased by approximately $500 million, or 37% year-over-year, with loan and swap fees rising by 57% [6][12] - Total loans grew by 1.8% sequentially and 1.1% when excluding mortgage warehouse [12] - Non-interest income reported was $16.7 million in Q4, with a decline to $16.3 million when excluding notable items [14] Market Data and Key Metrics Changes - The company achieved 20% ownership of Argent Financial and consolidated banking centers [5] - The company added more than 10 production bankers in Houston and Dallas-Fort Worth, indicating a strategic focus on market disruption [7] Company Strategy and Development Direction - The company is focused on "Optimize Origin," which aims to enhance performance and accountability while simplifying operations [3][6] - The strategy includes investing approximately $10 million in new bankers and banking teams throughout 2026 to capitalize on market opportunities [7][8] - The company anticipates loan and deposit growth in the mid to high single digits for the year, with a focus on M&A-driven disruption [12][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing significant momentum and a strong earnings profile as the company enters 2026 [17] - The current environment is viewed as an unprecedented opportunity for growth, with a focus on disciplined growth and profitability [8][52] - Management highlighted the importance of maintaining a balance between growth and expense management to achieve ROA targets [41][42] Other Important Information - The tangible book value grew sequentially to $35.04, marking the 13th consecutive quarter of growth [15] - The company redeemed approximately $145 million in subordinated debt and repurchased about $16 million worth of common stock while maintaining strong capital ratios [16] Q&A Session Summary Question: What is the target for new producer hires this year? - Management indicated that the $10 million budget allows for hiring additional producers beyond the 10 already added, with ongoing strategic conversations in various markets [20][21] Question: How does the company view competition in the current market? - Management noted that competition remains intense but rational, with opportunities to grow margins and ROA [51][52] Question: What is the expected impact of new hires on loan growth? - Most new hires are expected to impact loan growth in the latter half of the year, with a focus on disciplined pricing and relationship building [27][39] Question: How does the company plan to manage expenses with new hires? - Management emphasized ongoing expense management efforts to offset the costs of new hires, aiming for a neutral impact on overall expenses [41][42] Question: What is the outlook for net interest margin? - Management anticipates slight margin compression in Q1 due to timing differences but expects net interest margin to stabilize in the 3.70%-3.80% range by Q4 [13][33]

Financial Data and Key Metrics Changes - Full year pre-tax, pre-provision earnings growth of 105% year-over-year, with earnings per share increasing 45% to $3.40 when excluding merger-related charges [3][4] - Fourth quarter net income, excluding merger and restructuring expenses, was $81 million, with diluted earnings per share of $0.84, an 18% increase year-over-year [4][10] - Total assets increased 48% year-over-year to $27.7 billion, with total portfolio loans rising 52% to $19.2 billion [11] Business Line Data and Key Metrics Changes - Loan growth was fully funded by deposit growth, with total loans increasing 6% annualized from the third quarter and 5% year-over-year [8][12] - Non-interest income for the fourth quarter was $43.3 million, a 19% increase year-over-year, driven by the acquisition of Premier [14] - Treasury management revenue reached a record of $6 million, with total wealth management assets under management at $10.4 billion [6][14] Market Data and Key Metrics Changes - Deposits increased 53% year-over-year to $21.7 billion, including $6.9 billion from acquired PFC deposits and $662 million from organic growth [12] - Commercial real estate payoffs totaled $415 million in the fourth quarter and over $900 million for the year, exceeding previous expectations [7][11] Company Strategy and Development Direction - The company successfully integrated Premier Financial, transforming into a $28 billion asset regional financial services partner, ranking among the top 50 publicly traded U.S. financial institutions [5][6] - Continued investment in organic growth through new loan production offices and a new healthcare vertical, optimizing financial center networks and digital banking capabilities [6][9] Management's Comments on Operating Environment and Future Outlook - Management anticipates mid-single-digit year-over-year loan growth during 2026, despite expected elevated commercial real estate payoffs [8][30] - The company expects net interest margin to remain consistent with the fourth quarter margin of 3.61% in the first quarter, with potential increases in subsequent quarters [19][44] Other Important Information - The efficiency ratio for the fourth quarter was just below 52%, reflecting a focus on operational efficiencies and cost control [10][16] - The CET1 ratio improved to 10.34%, with expectations to build 15-20 basis points per quarter moving forward [18][61] Q&A Session Summary Question: Loan growth expectations and payoffs - Management expects a step down in payoffs from the elevated fourth quarter number, estimating $600 million-$800 million in 2026, weighted towards the first half [28][30] Question: Details on the healthcare vertical - The healthcare vertical generated around $500 million in new loans last year and is expected to be a significant growth driver [32][33] Question: Expense guidance and branch evaluations - Management confirmed that branch closures are not reflected in current numbers, and evaluations of the branch network will continue throughout the year [42][43] Question: Margin outlook and factors influencing it - The margin is expected to remain flat in the first quarter, with a step up in the second quarter due to deposit growth and repricing of CDs [44][49] Question: Capital deployment priorities - The company prioritizes dividends, loan growth, and buybacks, with M&A being a distant fourth [59][60]

Financial Data and Key Metrics Changes - Full year pre-tax, pre-provision earnings growth of 105% year-over-year, with earnings per share increasing 45% to $3.40 when excluding merger-related charges [3][4] - Fourth quarter net income available to common shareholders of $81 million, with diluted earnings per share of $0.84, an 18% increase year-over-year [4][11] - Return on tangible common equity for the fourth quarter was 16%, with non-performing assets to total assets at 0.33% [6][15] Business Line Data and Key Metrics Changes - Total portfolio loans increased 52% year-over-year to $19.2 billion, driven by both acquired loans and organic growth [13] - Treasury management revenue reached a record of $6 million, with total wealth management assets under management at $10.4 billion [7][10] - Non-interest income for the fourth quarter was $43.3 million, a 19% increase year-over-year, primarily due to the acquisition of Premier [16] Market Data and Key Metrics Changes - Total deposits increased 53% year-over-year to $21.7 billion, with organic growth of $662 million fully funding loan growth [14] - Commercial real estate project payoffs totaled $415 million in the fourth quarter and over $900 million for the year, exceeding previous expectations [8][13] - The commercial loan pipeline stood at over $1.2 billion, with more than 40% tied to new markets and loan production offices [9] Company Strategy and Development Direction - The company successfully integrated Premier Financial, transforming into a $28 billion asset regional financial services partner, ranking among the top 50 publicly traded U.S. financial institutions [6] - Continued investment in organic growth through new loan production offices and a new healthcare vertical, optimizing financial center networks and digital banking capabilities [7][10] - Focus on relationship banking as a differentiator, with plans to expand into new markets such as Richmond and Atlanta [10][37] Management's Comments on Operating Environment and Future Outlook - Management anticipates mid-single-digit year-over-year loan growth during 2026, despite expected elevated commercial real estate payoffs [9][34] - The company expects net interest margin to remain consistent with the fourth quarter margin of 3.61% in the first quarter, with gradual increases anticipated throughout the year [21][49] - Management remains committed to disciplined expense management to drive positive operating leverage and shareholder value [22][60] Other Important Information - The efficiency ratio for the fourth quarter was just below 52%, reflecting updated calculation methodologies [18] - The company redeemed $150 million of Series A Preferred Stock and $50 million of subdebt acquired for Premier during the fourth quarter [19] - Anticipated effective tax rate for the full year is between 20.5% and 21.5%, slightly higher than 2025 [25] Q&A Session Summary Question: Loan growth expectations and payoffs - Management expects a step down in payoffs from the elevated fourth quarter number, estimating $600 million to $800 million in 2026, weighted towards the first half [31][32] Question: Details on the healthcare vertical - The healthcare vertical generated around $500 million in new loans last year and is expected to be a significant growth engine moving forward [35][36] Question: Expense guidance and branch evaluations - Management confirmed that branch closures are not reflected in current expense guidance, and evaluations of the branch network will continue [44][45] Question: Margin outlook and factors influencing it - Management discussed the extraordinary deposit growth in the fourth quarter and its impact on margin, with expectations for continued improvement in the second quarter [46][49] Question: Fee initiatives and treasury management growth - Treasury management fees have seen significant growth, with expectations for continued double-digit growth this year [98][100]

Financial Data and Key Metrics Changes - For the full year 2025, the company reported pre-tax, pre-provision earnings growth of 105% year-over-year and earnings per share (EPS) growth of 45% to $3.40, excluding merger-related charges [3][4] - The fourth quarter net income, excluding merger and restructuring expenses, was $81 million, with diluted EPS of $0.84, an 18% increase year-over-year [4][10] - The return on tangible common equity for the fourth quarter was 16%, with non-performing assets to total assets at 0.33% [5][10] Business Line Data and Key Metrics Changes - Total portfolio loans increased by 52% year-over-year to $19.2 billion, driven by both acquired loans from Premier Financial and organic growth [11] - Non-interest income for the fourth quarter was $43.3 million, a 19% increase year-over-year, primarily due to the acquisition of Premier [14] - Treasury management revenue reached a record of $6 million, with total wealth management assets under management at $10.4 billion [6][14] Market Data and Key Metrics Changes - Total deposits increased by 53% year-over-year to $21.7 billion, supported by acquired deposits from Premier Financial and organic growth [12] - The company experienced a significant increase in commercial real estate project payoffs, totaling $415 million in the fourth quarter and over $900 million for the year, which created a 4% headwind to loan growth [7][11] Company Strategy and Development Direction - The company successfully integrated the acquisition of Premier Financial, transforming itself into a $28 billion asset regional financial services partner and ranking among the top 50 publicly traded U.S. financial institutions [5][6] - Continued investment in organic growth includes opening loan production offices in new markets and launching a healthcare vertical [6][9] - The company aims to maintain a focus on relationship banking, which differentiates it from competitors [6] Management's Comments on Operating Environment and Future Outlook - Management anticipates mid-single-digit year-over-year loan growth during 2026, despite expected elevated commercial real estate payoffs [8][30] - The company expects net interest margin to remain consistent with the fourth quarter margin of 3.61% in the first quarter of 2026, with potential increases in subsequent quarters [18][49] - The effective tax rate for 2026 is projected to be between 20.5% and 21.5%, slightly higher than in 2025 [23] Other Important Information - The company redeemed $150 million of Series A Preferred Stock and $50 million of subdebt acquired for Premier during the fourth quarter [16] - The CET1 ratio improved to 10.34%, with expectations to build 15-20 basis points per quarter moving forward [17][59] Q&A Session Summary Question: Loan growth expectations and payoffs - Management expects elevated payoffs in the first half of 2026, estimating between $600 million and $800 million, but believes loan growth will remain strong due to a robust pipeline [28][30] Question: Expense guidance and branch evaluations - Management confirmed that branch evaluations will continue, with potential for additional closures not reflected in current numbers [42][43] Question: Margin outlook and factors influencing it - The company anticipates a flat margin in the first quarter, with a step-up in the second quarter due to strong deposit growth and repricing of CDs [44][46] Question: Capital deployment priorities - The company prioritizes dividends, loan growth, and buybacks, with M&A being a distant fourth [57][58] Question: Fair Value Accretion expectations - Management models about 25 basis points of fair value accretion for the first quarter, with a gradual decline over the next six years [62] Question: Deposit pipeline and costs - The deposit pipeline remains strong, with spot deposit rates slightly down at the end of December [85][86] Question: Types of loans in new markets - The types of loans in new markets are similar to legacy markets, focusing on commercial real estate, commercial and industrial loans, and healthcare [90]

QUARTERLY INVESTOR PRESENTATION Safe Harbor Disclosure Except for the historical information contained in this press release, the matters discussed herein may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about our beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions. The words "may," "could," "should," "would," "will," "believe," "anticipate," "e ...

Core Viewpoint - Bank First Corporation reported a strong financial performance for the fourth quarter and full year of 2025, with significant increases in net income and earnings per share, despite incurring merger-related expenses [1][2]. Financial Performance - Net income for Q4 2025 was $18.4 million, or $1.87 per share, up from $17.5 million, or $1.75 per share in Q4 2024 [1]. - For the full year 2025, net income reached $71.5 million, or $7.23 per share, compared to $65.6 million, or $6.50 per share in 2024 [1]. - Adjusted net income (non-GAAP) for Q4 2025 was $19.6 million, or $2.00 per share, compared to $17.4 million, or $1.74 per share in Q4 2024 [1]. - Annual adjusted net income (non-GAAP) for 2025 totaled $73.4 million, or $7.42 per share, compared to $65.0 million, or $6.45 per share in 2024 [1]. Operating Results - Net interest income (NII) for Q4 2025 was $40.2 million, an increase of $1.9 million from the previous quarter and $4.6 million from Q4 2024 [3]. - Net interest margin (NIM) improved to 4.01% in Q4 2025, up from 3.88% in the previous quarter and 3.61% in Q4 2024 [4]. Asset Quality - Nonperforming assets at December 31, 2025, were $9.0 million, down from $13.9 million in the previous quarter and $9.2 million in the prior-year fourth quarter [13]. Capital Position - Stockholders' equity was $643.8 million at December 31, 2025, an increase of $4.2 million from the end of 2024 [14]. - The book value per common share was $65.47 at December 31, 2025, compared to $63.89 at the end of 2024 [14]. Dividend Declaration - A quarterly cash dividend of $0.50 per common share was declared, representing an increase of 11.1% over the prior quarter and prior-year fourth quarter [15]. Balance Sheet - Total assets were $4.51 billion at December 31, 2025, reflecting an increase of $85.7 million during Q4 2025 [10]. - Total loans were $3.60 billion at December 31, 2025, with a contraction of $25.0 million during Q4 2025 [11]. - Total deposits were $3.70 billion at December 31, 2025, up $34.7 million from December 31, 2024 [12].

Core Viewpoint - OptimumBank Holdings, Inc. has been invited to present at the Emerging Growth Conference on January 21, 2026, providing an opportunity for direct engagement with the investment community [1][2]. Group 1: Conference Details - The Emerging Growth Conference will take place on January 21, 2026, featuring a live, interactive online format [1]. - Mr. Moishe Gubin, the Company's Chairman, will deliver a corporate presentation at 9:40 AM Eastern time, followed by a live Q&A session [2]. - Investors can submit questions in advance or ask during the event, with the session lasting for 30 minutes [2]. Group 2: About the Emerging Growth Conference - The conference serves as a platform for public companies to present new products, services, and major announcements efficiently [3]. - It focuses on companies with strong management teams and long-term growth potential across various growth sectors [3]. Group 3: About OptimumBank Holdings, Inc. - OptimumBank Holdings, Inc. is the parent company of OptimumBank, established in 2004, with its banking operations starting in 2000 in Ft. Lauderdale, Florida [5]. - The bank emphasizes service orientation with reasonable fees and is committed to economic development and community partnerships [5]. - OptimumBank offers a range of financial solutions, including Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking [5].