Financial Data and Key Metrics Changes - The company reported earnings of $3.88 per diluted share on revenue of $12.9 billion, with operating earnings of $1.3 billion and net income of $1.59 billion, reflecting a revenue increase of $1.24 billion or 10.6% year-over-year [3][4] - Operating earnings increased by $150 million or 12.7%, while net earnings rose by $129 million or 13.9%, and earnings per share increased by $0.53 or 15.8% compared to the same quarter last year [3][4] - Year-to-date revenue reached $38.2 billion, up 11%, with operating earnings up 15.7% and net earnings up 16.4% [3] Business Line Data and Key Metrics Changes - **Aerospace Segment**: Revenue increased by $752 million or 30.3% year-over-year, driven by new aircraft deliveries and higher special mission volume, with operating earnings up 41% [5][6] - **Combat Systems**: Revenue was $2.3 billion, a modest increase of 1.8%, with operating earnings up 3.1% and operating margins at 14.9% [7][8] - **Marine Systems**: Revenue of $4.1 billion was up 13.8%, with operating earnings of $291 million, reflecting a 12.8% increase [9][10] - **Technologies**: Revenue decreased by 1.6% to $3.3 billion, but year-to-date revenue was up 3.5% [10][11] Market Data and Key Metrics Changes - The North American market showed accelerated interest in new business aircraft, leading to strong order intake and a robust pipeline for the fourth quarter [6] - The overall book-to-bill ratio for the company was 1.5 to 1, with all segments experiencing a book-to-bill of at least 1.2 times [17] Company Strategy and Development Direction - The company is focused on operational performance and expects continued margin strength and strong cash generation in the future [15] - There is a commitment to invest in new product development and maintain a steady investment strategy, particularly in the Gulfstream line [36][37] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the potential impacts of the ongoing government shutdown on cash flow and contract timing, emphasizing a prudent approach to cash conservation [19][32] - The company anticipates annual revenue of around $52 billion and has increased its EPS forecast to between $15.30 to $15.35, despite the uncertainty created by the government shutdown [23] Other Important Information - The company generated $2.1 billion of operating cash flow, with free cash flow at $1.9 billion for the quarter, representing 179% of net income [18][20] - The total estimated contract value reached a record level of $167.7 billion, with significant contributions from defense segments [18] Q&A Session Summary Question: What factors are driving strong orders in aerospace? - Management indicated that a combination of economic strength, improved delivery cadence, and new models contributed to the robust order book [25][26] Question: Are there any impacts from the government shutdown on cash collection or contracts? - Management noted that while cash collection has not yet been impacted, contracting processes have been delayed due to personnel being sent home [32] Question: How is the company approaching product development for Gulfstream? - The company maintains a steady investment in product development and plans to continue upgrading products as needed [36] Question: What is the outlook for combat systems given current market conditions? - Management sees potential for growth driven by international demand and munitions, despite some headwinds in U.S. combat vehicles [49][50] Question: What is the status of the Columbia class construction? - The company reported that the first Columbia is about 60% complete, with ongoing improvements in the supply chain and productivity [47][59]

Financial Data and Key Metrics Changes - In Q3 2025, loan growth was approximately $170 million, or 2.6%, with year-to-date growth exceeding $750 million, or more than 12% [3][9] - Core deposits increased by approximately $280 million, or 4.1% in the quarter, with year-to-date growth over $1 billion, or 18% [3][10] - Net interest margin (NIM) rose five basis points to 3.88%, up from 3.83% in the prior quarter [4][12] - Net interest income for Q3 was $77.3 million, up 5% quarter-over-quarter and more than 18% year-over-year [13] - Diluted EPS for Q3 reported at $0.67, with a normalized estimate of approximately $1.95 after adjustments [13][15] Business Line Data and Key Metrics Changes - Total loan originations year-to-date were $1.4 billion, with a mix of approximately 70% fixed and 30% floating rate loans [3][9] - The bank's non-depository financial institution (NDFI) book totals about $350 million, representing around 5% of the loan portfolio, with no identified credit issues [10][12] Market Data and Key Metrics Changes - The bank's asset quality remains strong, with no broad-based negative trends identified across loan segments or geographies [5][6] - The provision expense for Q3 was $23.9 million, with $18.7 million related to three loans extended to a single borrower group [6][10] Company Strategy and Development Direction - The company is focused on expanding its presence in strategic markets, including new branch openings in Lakewood, New Jersey, Miami, and West Palm Beach, Florida [4][8] - The bank is advancing its AI strategy and digital transformation, with full integration expected by the end of Q1 2026 [5][8] - The focus for 2025 and beyond is to capture additional market share and enhance shareholder value through traditional channels [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the favorable tailwinds for the banking industry despite recent market volatility [7][8] - The bank anticipates modest further expansion of NIM due to declining costs of funds and continued deposit growth [12][41] - Management indicated that the recent provision expense is an outlier and does not reflect broader credit quality concerns [39][40] Other Important Information - The company approved a $50 million share repurchase program and paid its first common stock dividend, reflecting a commitment to shareholder returns [4][8] - The effective tax rate for the quarter was approximately 30% [15] Q&A Session Summary Question: Details on the CRE multifamily relationship - Management provided insights on a multifamily relationship in Champaign, Illinois, and Ohio, indicating ongoing restructuring efforts [18][19] Question: More detail on the $5.2 million provision - The provision was primarily driven by macroeconomic forecast deterioration and loan growth, with reliance on third-party forecasts [20][22] Question: Bank's policy on insider selling prior to earnings releases - Management confirmed adherence to blackout periods and 10b5-1 agreements for insider trading [21][24] Question: Percentage of CRE loans out of market - Management stated that there are no immediate concerns beyond what was reported, with 19% of the portfolio in Manhattan [26][28] Question: Opportunities for deposit growth - Management indicated a balanced approach across various deposit verticals, with no reliance on a single category for growth [29] Question: Digital transformation expenses in Q1 2026 - Management confirmed a slight tail in expenses for Q1 2026, estimating it to be well under $2 million [31][32] Question: Size of credit and asset quality trends - Management detailed specific loans contributing to credit increases, emphasizing overall static asset quality [34][38] Question: Potential for margin to approach 4% in 2026 - Management expressed optimism about achieving a margin above 4% with continued efforts to control funding costs [41][42]

Transaction Overview - Nicolet will acquire MidWestOne in a 100% stock transaction with a fixed exchange ratio of 03175x Nicolet shares for each MidWestOne share[13] - The aggregate consideration is valued at $8641 million, or $4137 per MidWestOne share, representing a 452% market premium[13] - Pro forma ownership will be approximately 691% for Nicolet and 309% for MidWestOne[13] Financial Impact - The transaction is expected to be ~37% accretive to Nicolet's fully-phased 2026E GAAP EPS[9] - Nicolet anticipates a fully-phased 2026E ROATCE of ~23%[9] - The pro forma CET1 ratio at closing is projected to be 106%, requiring no additional capital to support the transaction[9] - The transaction is expected to result in approximately 1% tangible book value per share dilution, with a very short earnback period of ~01 year[9, 25] Strategic Rationale - The acquisition will create a ~$15 billion+ asset bank, enhancing scale and positioning the company for significant growth across the Upper Midwest region[9] - The combined company is expected to enhance existing top quartile/decile financial operating metrics versus peers[9] - Nicolet will immediately solidify its position as a top 5 bank by deposit market share across the state of Iowa and accelerates growth trajectory in Minneapolis-St Paul MSA by adding $1 billion+ of deposits to existing network[9] - The acquisition adds ~$34 billion+ of wealth management AUA across new markets, resulting in $9 billion+ AUA for the combined company[9] Pro Forma Financials - At closing, the pro forma company is expected to have $157 billion in total assets, $113 billion in total loans, $133 billion in total deposits, and $28 billion in market capitalization[12]

8 Q3 2025 Earnings Supplemental Materials October 24, 2025 1 Disclaimers Forward-Looking Information This presentation contains forward-looking statements and information. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements include statements preceded by, followed by or that include the words "may," "could," "would," "should," "believe," "expect," "anticipate," "plan," "estimate," "target," "project," " ...

NYSE: EAF www.graftech.com Today's Presenters Tim Flanagan Chief Executive Officer and President Q3 2025 Results October 24, 2025 Rory O'Donnell Chief Financial Officer and Senior Vice President 2 Forward-Looking Statements CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This presentation and related discussions may contain forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect our cur ...

Financial Data and Key Metrics Changes - Hilltop reported net income of approximately $46 million or $0.74 per diluted share for Q3 2025, with a return on average assets of 1.2% and return on average equity of 8.35% [4][13] - Net interest income increased by $7.4 million or 7% year-over-year, driven by improving deposit costs and growth in higher yielding commercial loans [16][19] - The allowance for credit losses declined by $2.8 million to $95 million, resulting in a coverage ratio of 1.16% [13][14] Business Line Data and Key Metrics Changes - PlainsCapital Bank generated $55 million of pre-tax income on $12.6 billion of average assets, with a return on average assets of 1.34% [4][5] - PrimeLending reported a pre-tax loss of $7 million due to subdued mortgage origination volumes and pressure on margins [6][8] - Hilltop Securities Inc. generated pre-tax income of $26.5 million on net revenues of $144.5 million, achieving a pre-tax margin of 18% [8][10] Market Data and Key Metrics Changes - Total core deposits at PlainsCapital increased by 6% on a linked quarter basis, attributed to seasonal cash inflows [5] - Existing home sales across the country reached their lowest level in over 30 years, impacting PrimeLending's performance [7][20] - Hilltop Securities experienced solid growth in public finance, structured finance, and wealth management, with net revenues increasing significantly year-over-year [9][21] Company Strategy and Development Direction - The company aims to focus on reducing fixed expenses and recruiting talented mortgage originators to restore profitability at PrimeLending [8][20] - Hilltop Securities continues to invest in core areas of expertise and leverage its national brand to serve clients effectively [10][21] - The company is exploring opportunities for growth through potential M&A in the Texas market, which has seen increased interest from out-of-market entrants [31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining strong capital levels with a common equity tier one capital ratio of 20% and tangible book value per share increasing to $31.23 [10] - The outlook for 2025 reflects current assessments of the economy and market conditions, with expectations for continued challenges in the mortgage market [25] - Management remains vigilant regarding credit risks and is focused on early detection and aggressive workout strategies [24] Other Important Information - The company returned $11 million to stockholders through dividends and repurchased $55 million in shares during the quarter [10] - A leadership transition is occurring at PlainsCapital Bank, with the promotion of Brent Randall to Chief Credit Officer [11] Q&A Session Summary Question: NII guidance and margin expectations - Management explained that the NII guidance was not increased due to expected rate cuts and potential asset contraction, emphasizing the balance sheet's asset sensitivity [27][28] Question: Stock buyback strategy and M&A outlook - Management confirmed a consistent approach to share repurchases given the current stock price and excess capital, while also exploring M&A opportunities in Texas [30][31] Question: Auto portfolio exposure - Management acknowledged subprime exposure in the auto portfolio but stated that they are closely monitoring and managing the situation [32][38] Question: Broker-dealer fee income and future expectations - Management highlighted strong performance across all broker-dealer business lines in Q3 but anticipated a reversion to lower pre-tax margins in the future [40][41]

Financial Performance Highlights - Net income increased significantly to $6.8 million in Q3'25, a 180% increase QoQ and a 456% increase YoY[15] - Diluted EPS also saw substantial growth, reaching $0.28 in Q3'25, reflecting a 180% increase QoQ and a 464% increase YoY[15] - Tangible book value per share increased to $11.71 in Q3'25, a 2% increase QoQ and a 1% increase YoY[15] - Core net interest margin improved to 3.15% in Q3'25, a 3 bps increase QoQ and a 35 bps increase YoY[15] - Return on Average Tangible Common Equity reached 9.45% in Q3'25, a 604 bps increase QoQ and a 771 bps increase YoY[15] Balance Sheet and Loan Portfolio - Total loans by division: Core Bank accounts for $2.286 billion (67%), Mortgage Warehouse $327 million (10%), Panacea $548 million (16%), Life Premium Finance $140 million (4%), and Consumer Program $101 million (3%)[35] - Total deposits by division: Core Bank holds $2.133 billion (64%), Digital $1.036 billion (31%), Panacea $133 million (4%), and Mortgage Warehouse $34 million (1%)[35] - Panacea's deposits outstanding at Q3'25 were $133 million, up 19% from the previous quarter[26] Mortgage Warehouse Division - The mortgage warehouse division had an ending Q3 balance of $327 million[19] - The mortgage warehouse division's yields are structured to give the bank around 75 to 100 bps over the note rate[19]

Q2FY26 RESULTS UPDATE Dr. Reddy's 24 OCTOBER 2025 1 | September 2025 | Investor Presentation | As per consolidated financial statements under IFRS Safe Harbor Statement This presentation contains forward-looking statements and information that involve risks, uncertainties and assumptions. Forward-looking statements are all statements that concern plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are other than statements of historical fac ...

Third Quarter 2025 Earnings Conference Call October 24, 2025 Non-GAAP Measures The Company uses certain non-GAAP measures in discussing the Company's performance. The reconciliation of those measures to the most directly comparable GAAP measures is detailed in ITW's press release for the third quarter of 2025, which is available at www.itw.com, together with this presentation. The estimated guidance of free cash flow to net income conversion rate and after-tax return on average invested capital are based on ...

Alpine Income Property Trust (NYSE:PINE) Q3 2025 Earnings Call October 24, 2025 09:00 AM ET Speaker8Thank you. Ladies and gentlemen, if you have a question or a comment at this time, please press star one-one on your telephone. If your question has been answered, you may remove yourself from the queue. Please press star one-one again. We'll pause for a moment while we compile our Q&A roster. Our first question comes from Michael Goldsmith with UBS. Your line is open.Good morning. Thanks a lot for taking my ...