Financial Performance - Net income reached $1.643 billion, with diluted earnings per share at $3.85, reflecting a 10% linked quarter growth and 11% year-over-year growth[32] - Pretax, pre-provision earnings (PPNR) grew by 10% linked quarter and 11% year-over-year[8, 32] - Total revenue increased by 4% linked quarter and 5% year-over-year, reaching $5.661 billion[8, 32] - The company announced a dividend increase of $0.10, or 6%, to $1.70 per common share[8] - Return on average tangible common equity (ROTCE) was 15.6%[8] Balance Sheet - Average loans increased by 2% linked quarter, totaling $322.8 billion, marking the strongest loan growth since 4Q22[8, 13] - Total deposits increased by 1% linked quarter, reaching $423 billion[13] - Common shareholders' equity increased by 3% linked quarter and 13% year-over-year, reaching $50.7 billion[13] Business Segments - Net consumer checking accounts grew by 2% year-over-year, including 6% growth in the Southwest[12] - Brokerage assets increased by 7% year-over-year to a record level of $87 billion[12] - Asset Management fees increased 5% year-over-year to a record first-half level[12] Credit Quality - Nonperforming loans (NPLs) decreased, with the NPL ratio to total loans at 0.65%[39, 41] - Net loan charge-offs (NCOs) also declined, with the NCO ratio to average loans at 0.25%[39, 41] Guidance - The company anticipates average loans to increase by approximately 1% for the full year 2025[44] - Net interest income is expected to increase by approximately 7% for the full year 2025[44] - Fee income is projected to increase by 4% to 5% for the full year 2025[44]

Financial Performance - The company's net revenues for 2Q25 reached $14.58 billion[3], while year-to-date (YTD) net revenues amounted to $29.65 billion[3] - Net earnings for 2Q25 were $3.72 billion[3], and YTD net earnings totaled $8.46 billion[3] - Diluted earnings per share (EPS) for 2Q25 stood at $10.91[3], with a YTD EPS of $25.07[3] - The annualized return on equity (ROE) for 2Q25 was 12.8%[3], and the YTD ROE was 14.8%[3] - The annualized return on tangible equity (ROTE) for 2Q25 was 13.6%[3], with a YTD ROTE of 15.8%[3] Segment Performance - Global Banking & Markets reported net revenues of $10.12 billion for 2Q25, a 24% increase compared to 2Q24[6] - Asset & Wealth Management's net revenues for 2Q25 were $3.778 billion, a 3% decrease compared to 2Q24[6] - Platform Solutions generated net revenues of $685 million for 2Q25, a 2% increase compared to 2Q24[6] Asset & Wealth Management - Assets Under Supervision (AUS) - Total assets under supervision (AUS) reached a record $3.29 trillion[3] - Long-term AUS net inflows were $17 billion[28] - Liquidity products experienced net outflows of $12 billion[28]

Q2 2025 Financial Performance - Worldwide sales reached $23.7 billion, a 5.8% increase compared to Q2 2024, with operational sales growth of 4.6%[47] - U S sales increased by 7.8% to $13.5 billion in Q2 2025 from $12.6 billion in Q2 2024[47] - Adjusted earnings were $6.7 billion, and adjusted EPS was $2.77[49] - GAAP net earnings increased to $5.5 billion, a rise of 18.2%[49] Innovative Medicine - Innovative Medicine sales reached $15.202 billion, with operational growth of 3.8%[51] - Oncology sales grew by 22.3% operationally, reaching $6.312 billion[51] - Immunology sales declined by 16% operationally, totaling $3.993 billion, impacted by STELARA biosimilar competition[51] MedTech - MedTech sales were $8.541 billion, with operational growth of 6.1%[53] - Cardiovascular sales increased by 22.3% operationally, reaching $2.313 billion[53] - Orthopaedics sales decreased by 1.6% operationally, totaling $2.305 billion[53] Guidance - The company increased its operational sales guidance for 2025 to 4.8% and adjusted operational EPS guidance to 7.0% (midpoints)[62] - Operational sales are projected to be between $92.7 billion and $93.1 billion[62]

Consolidated Financial Performance - Net revenues for the second quarter of 2025 were $16792 million, a decrease of 5% from the first quarter of 2025 but an increase of 12% from the second quarter of 2024[2] - Net income applicable to Morgan Stanley for the second quarter of 2025 was $3539 million, a decrease of 18% from the first quarter of 2025 but an increase of 15% from the second quarter of 2024[2] - Earnings applicable to Morgan Stanley common shareholders for the second quarter of 2025 were $3392 million, a decrease of 18% from the first quarter of 2025 but an increase of 15% from the second quarter of 2024[2] - For the six months ended June 30, 2025, net revenues were $34531 million, a 15% increase compared to $30155 million for the six months ended June 30, 2024[2] - For the six months ended June 30, 2025, earnings applicable to Morgan Stanley common shareholders were $7549 million, a 22% increase compared to $6208 million for the six months ended June 30, 2024[2] Segment Performance - Institutional Securities net revenues for the second quarter of 2025 were $7643 million, a decrease of 15% from the first quarter of 2025 but an increase of 9% from the second quarter of 2024[2] - Wealth Management net revenues for the second quarter of 2025 were $7764 million, an increase of 6% from the first quarter of 2025 and a 14% increase from the second quarter of 2024[2] - Investment Management net revenues for the second quarter of 2025 were $1552 million, a decrease of 3% from the first quarter of 2025 but an increase of 12% from the second quarter of 2024[2] Balance Sheet and Capital - Total assets as of June 30, 2025, were $1353870 million, a 4% increase from March 31, 2025, and a 12% increase from June 30, 2024[5] - Total loans as of June 30, 2025, were $267395 million, a 3% increase from March 31, 2025, and a 12% increase from June 30, 2024[5] - Common equity as of June 30, 2025, was $98434 million, a 1% increase from March 31, 2025, and a 7% increase from June 30, 2024[5]

Financial Performance Highlights - Revenue reached $26.5 billion, a 4% year-over-year increase[2] - Net income was $7.1 billion, up 3% year-over-year[2] - Earnings per share (EPS) increased by 7% year-over-year to $0.89[2] - The return on average common shareholders' equity (ROE) was 100% and return on average tangible common shareholders' equity (ROTCE) was 134%[2] Balance Sheet Strength - Deposits totaled $20 trillion, a 5% increase year-over-year[2] - The common equity tier 1 (CET1) ratio was 115%, exceeding regulatory minimums[2] - Global liquidity sources (GLS) averaged $938 billion[2] Business Segment Growth - Consumer investment assets increased by 13% year-over-year to approximately $540 billion[9] - Global Banking average deposits grew 15% year-over-year to over $600 billion[10] - Global Wealth & Investment Management (GWIM) client balances increased 10% year-over-year to $44 trillion, with assets under management (AUM) up 13%[9] Artificial Intelligence and Innovation - The company is leveraging AI to drive efficiencies across various operations, including customer service, content summarization, and code generation[11] - Over 50 AI-enabled fraud detection models are in use[11] - The company has approximately 1,400 AI and machine learning patents granted and pending[11] Net Interest Income and Outlook - Net interest income (NII) increased by 7% year-over-year to $147 billion[14] - The company expects net interest income to be approximately $155 billion-$157 billion in 4Q25[51] Asset Quality - Total net charge-offs were $15 billion[12] - The allowance for loan and lease losses represented 117% of total loans and leases[65]

Financial Performance - J.B. Hunt's Q1 2025 revenue was $2.92 billion, a 1% decrease compared to Q1 2024 [10] - Excluding fuel surcharge, Q1 2025 revenue was $2.56 billion, a 0.3% increase [10] - Q1 2025 operating income was $178.7 million, down 8% year-over-year [10] - Diluted EPS for Q1 2025 was $1.17, a 4% decrease from $1.22 in Q1 2024 [10] Segment Performance - Intermodal (JBI) revenue increased by 5% to $1.47 billion, but operating income decreased by 7% to $94.4 million [10] - Dedicated Contract Services (DCS) revenue decreased by 4% to $822 million, and operating income decreased by 14% to $80.3 million [10] - Integrated Capacity Solutions (ICS) revenue decreased by 6% to $268 million, but operating loss improved to $(2.7) million compared to $(17.5) million in Q1 2024 [10] - Final Mile Services (FMS) revenue decreased by 12% to $201 million, and operating income decreased significantly by 69% to $4.7 million [11] - Truckload (JBT) revenue decreased by 7% to $167 million, but operating income increased by 66% to $2.0 million [11] Revenue Mix - Intermodal (JBI) accounted for 50% of the company's revenue [6] - Dedicated Contract Services (DCS) accounted for 28% of the company's revenue [6] - Integrated Capacity Solutions (ICS) accounted for 9% of the company's revenue [6]

Financial Performance - FY2026 Q1 - Sales reached $154 million, with a gross profit of $4718 thousand and a gross margin of 306%[10] - Adjusted EBITDA was $2963 thousand, representing 192% of sales[10] - The company reported $656 million in cash and marketable securities[62] Key Agreements and Business Updates - Park entered into a Business Partner Agreement with ArianeGroup, selling $11 million of C2B fabric and $480 thousand of ablative materials manufactured with C2B fabric in FY2026 Q1[13] - A new agreement with ArianeGroup involves Park advancing €4587 million against future C2B fabric purchases, with the first installment of €1376 million paid in FY2026 Q1[54] - Lightning Strike Protection materials were certified on the GE Aerospace Passport 20 Engine, expecting approximately $500 thousand per year in revenues[56] GE Aerospace Programs - FY2026 Q1 sales for GE Aerospace programs were $62 million[45] - The company forecasts GE Aerospace programs sales to be between $67 million and $72 million for FY2026 Q2 and between $280 million and $320 million for the total FY2026[47] - CFM LEAP-1A engine had a 652% market share of firm engine orders for the A320neo Family of Aircraft as of March 31, 2025[34] Share Repurchase Program - During FY2026 Q1, Park purchased 166955 shares of its common stock at an average price of $1297 per share, totaling $2165453[59] - As of the report, the company has purchased a total of 718234 shares at an average price of $1294 per share, costing $9296401[59] Future Expansion - The company is planning a major new expansion of its manufacturing facilities, with a preliminary estimated capital budget of $35 million +/- $5 million[84]

Financial Performance - Net income was $113.5 million, or $1.32 per diluted share, compared to $119.5 million, or $1.38 per diluted share in 1Q25[24, 25] - Adjusted Pre-Provision Net Revenue (PPNR) totaled $167.9 million, up $5.5 million compared to 1Q25[24, 25] - Net Interest Margin (NIM) was 3.49%, up 6 bps compared to 1Q25[24, 25] - Efficiency ratio was 54.91%, improved 31 bps compared to prior quarter[24, 25] Balance Sheet - Total assets reached $35.2 billion[10] - Loans totaled $23.5 billion, up $364 million, or 6% LQA[10, 25, 29] - Deposits totaled $29.0 billion, down $148 million, or 2% LQA[10, 25, 36] - CET1 ratio was estimated at 14.03%, down 45 bps linked-quarter; TCE ratio at 9.84%, down 17 bps linked-quarter[10, 24, 25] Asset Quality - Criticized commercial loans totaled $569 million, or 3.15% of total commercial loans, down $25 million from $594 million, or 3.35% of total commercial loans, in prior quarter[38, 39] - Nonaccrual loans totaled $95 million, or 0.40% of total loans, down $9 million from $104 million, or 0.45% of total loans, in prior quarter[38, 39] - ACL coverage solid at 1.45%, compared to 1.49% in prior quarter[25, 41] Forward Guidance - Expect EOP loans at 12/31/25 to be up low single digits from 12/31/24 levels[74] - Expect NII (te) to be up between 3%-4% from FY24; expect modest NIM expansion throughout 2H25[74] - Expect noninterest income to be up 9%-10% from FY24 noninterest income[74]

Financial Performance - Q2 2025 organic revenue grew by 30%[9] - Q2 Non-GAAP Adj EBITA increased by 41% to $6138 million with a 153% margin[10] - Q2 Non-GAAP adjusted diluted EPS increased by 51% to $205[10] - The company repurchased $142 million in shares in Q2 and $223 million year-to-date[10] Revenue Breakdown - Media & Advertising and Precision Marketing accounted for 68% of total revenue with combined organic growth exceeding 7%[9] - Total revenue for the second quarter was $40156 million a 42% increase[11] - Year-to-date revenue reached $77060 million a 30% increase[11] Strategic Initiatives - The Interpublic (IPG) Transaction cleared antitrust review by the US Federal Trade Commission in late June 2025 with closing expected in the second half of 2025[9] - The company achieved a $250 million year-to-date improvement in the use of operating capital[10]

NYSE: STT July 15, 2025 1 2 | | | QuartersA | | | --- | --- | --- | --- | | ($M, except EPS data) | 2Q24 | 1Q25 | 2Q25 | | Repositioning charge | - | - | ($100) | | Client rescoping | | | | | Revenue impact | - | - | (24) | | Expense impact | - | - | (18) | | Other notable items | - | - | 4 | | Total notable items (pre-tax) | - | - | ($138) | | Income tax impact from notable items | - | - | (35) | | EPS impact | - | - | ($0.36) | Repositioning charge of $100M • $100M related to Compensation and employee ben ...