Financial Performance - Total revenue increased by 7% year-over-year, from $6.586 billion in 3Q 2024 to $7.037 billion in 3Q 2025[4] - Gross profit increased by 5% year-over-year, from $1.183 billion in 3Q 2024 to $1.238 billion in 3Q 2025[4] - Adjusted net income increased by 18% year-over-year, from $162 million in 3Q 2024 to $191 million in 3Q 2025[4] - Diluted adjusted EPS increased by 25% year-over-year, from $4.02 in 3Q 2024 to $5.01 in 3Q 2025[4] Sales Performance - New vehicle unit sales increased by 4% on a same-store basis, driven by double-digit domestic growth and record BEV sales[3, 7] - Used vehicle unit sales increased by 2% on a same-store basis, with higher profitability year-over-year and strong wholesale performance[3] - Customer Financial Services (CFS) gross profit increased by 11% on a same-store basis, driven by 7% unit profitability and 4% unit volume[3] - After-sales gross profit increased by 7% on a same-store basis, achieving a record 3Q total store gross profit with a margin increase of 100bps[3] AutoNation Finance - AutoNation Finance portfolio balance exceeded $2 billion, with improving profitability and portfolio leverage[3] - Originations of AutoNation Finance were over $1.3 billion year-to-date 2025, compared to $0.7 billion year-to-date 2024[17] Capital Allocation - Adjusted free cash flow year-to-date reached $786 million, demonstrating robust cash flow conversion[3] - Capital deployment year-to-date totaled $1.006 billion, including $435 million in share repurchases, $348 million in acquisitions, and $223 million in capital expenditures[3, 24]

Integer Holdings Corporation Third Quarter 2025 Earnings Conference Call October 23, 2025 Integer Holdings Corporation Third Quarter 2025 Earnings Conference Call 9 a.m. Eastern Time, October 23, 2025 Management Attendees: Payman Khales President and CEO Elect Diron Smith Executive Vice President, Chief Financial Officer Sanjiv Arora Senior Vice President, Strategy, Business Development & Investor Relations Non-GAAP Financial Measures. This presentation includes financial information prepared in accordance ...

Financial Performance - SouthState reported diluted Earnings per Share (EPS) of $2.42, with adjusted diluted EPS (non-GAAP) at $2.58[30] - Revenue, non-tax equivalent, reached $699 million, a 5% increase compared to the prior quarter[30] - Pre-Provision Net Revenue (PPNR) (non-GAAP) amounted to $347.3 million[30] - Year-over-year PPNR/share growth (non-GAAP) was 43%[30] - Net interest margin, tax equivalent (non-GAAP), was 4.06%, up 0.04% from the prior quarter[30] Balance Sheet and Loan Portfolio - Loans increased by $401 million, or 3%, and deposits increased by $376 million, or 3%[30] - Total loan portfolio reached $47.7 billion, with Investor CRE comprising 37% and Consumer RE 21%[42] - Noninterest-bearing checking accounts totaled $13.4 billion, part of the total deposits of $54.1 billion[46] Asset Quality - Net charge-offs were 27 bps, bringing the year-to-date net charge-offs to 12 bps[30] - Total ACL reserve for unfunded commitments was $45 million[53] - Nonperforming Assets to Loans & OREO was 0.67%[56] Market and Geographic Focus - SouthState has $65 billion in assets, $48 billion in loans, and $55 billion in deposits[6] - The company operates 343 branch locations and is the 5 largest regional bank in the South[6] - SouthState is focused on the fastest-growing markets in America[10]

Financial Performance - Q3 2025 adjusted operating return on tangible common equity was 20.1%[26] - Q3 2025 adjusted operating return on assets was 1.30%[26] - Q3 2025 adjusted operating efficiency ratio (FTE) was 48.8%[26] - Net interest margin (FTE) remained stable at 3.83% from Q2 2025 to Q3 2025[44] - Adjusted operating noninterest income increased approximately 10% in Q3 2025 compared to Q2 2025[50] Balance Sheet and Capital - Assets totaled $37.1 billion as of September 30, 2025[17] - Loans totaled $27.4 billion as of September 30, 2025[17] - Deposits totaled $30.7 billion as of September 30, 2025[17] - Non-interest bearing deposits remained at 23% of total deposits[26] - Loan/Deposit ratio was 89.2% at September 30, 2025[26] Strategic Initiatives - Successfully converted core systems of Sandy Spring over weekend of October 11 and concurrently closed 5 branches[30] - Organic expansion in North Carolina planned in 2026, with 10 new branches planned over the next 3 years[30, 68]

Financial Performance - Total Net Sales increased to $1564 million in Q3 2025, a 10% increase compared to $14219 million in Q3 2024[4] - Gross Margin increased to $387 million in Q3 2025, a 234% increase compared to $3136 million in Q3 2024[4] - Net Income increased to $194 million in Q3 2025, a 148% increase compared to $169 million in Q3 2024[4] - EPS Diluted increased to $012 in Q3 2025, a 91% increase compared to $011 in Q3 2024[4] - Combined Adjusted EBITDA increased to $2449 million in Q3 2025, a 35% increase compared to $2367 million in Q3 2024[4] Segment Performance - Feed segment Adjusted EBITDA increased to $174 million in Q3 2025, a 316% increase compared to $1322 million in Q3 2024[4] - Food segment Adjusted EBITDA increased to $716 million in Q3 2025, a 256% increase compared to $57 million in Q3 2024[4] - Fuel segment Adjusted EBITDA decreased to $216 million in Q3 2025, a 638% decrease compared to $597 million in Q3 2024[4] Balance Sheet - Cash and cash equivalents were $91 million as of September 27, 2025[5] - Total debt was $4104 billion as of September 27, 2025[5]

Q3 2025 FINANCIAL RESULTS OCTOBER 22, 2025 FORWARD LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward- looking statements, including without limitation, statements regarding our forecasted financial results and the effective tax rate ...

Financial Performance - The company's 3Q25 Core EPS was $083/share, a 9% increase compared to $076/share in 3Q24, driven by customer-focused formula-rate investments and new PA rates[16] - Year-to-date 2025 Core EPS reached $202/share, reflecting a 15% growth from $176/share in the same period of 2024, attributed to strong execution and financial discipline[16] - The company is raising its 2025 Core EPS guidance midpoint and narrowing the range to $250-$256/share, compared to the previous range of $240-$260/share and the 2024 result of $237/share[11, 16] - Year-to-date 2025 investments totaled $40 billion, approximately 30% higher than the same period in 2024, and the company is increasing its 2025 forecast to $55 billion from $50 billion, compared to $45 billion in 2024[11, 16] - A dividend of $0445/share was declared in September, consistent with guidance and representing approximately 5% growth compared to 2024[16] Strategic Initiatives and Growth Opportunities - The company's long-term pipeline demand from data centers has nearly doubled since February 2025, reaching 117 GW, while contracted demand has increased by over 30% to 38 GW[25] - The company filed its West Virginia Integrated Resource Plan (IRP) on October 1, 2025, which includes plans to build 1200 MW of CCGT and 70 MW of solar generation[12, 29] - The company expects to increase total transmission investments by 30% in its next 5-year plan, resulting in a total transmission rate base growth of up to 18% through 2030, with the rate base expected to more than double by 2030[31] Financial Outlook and Shareholder Value - The company is reaffirming its 6-8% Core EPS CAGR from 2025-2029, which, combined with the current dividend yield, represents a total shareholder return proposition of 10-12%[9, 40] - The company is reaffirming its 2025-2029 base investment plan of approximately $28 billion, with a significant increase in 2026-2030 expected to be announced on the 4Q25 earnings call[40]

Financial Performance - Earnings available for distribution was $0.73 per average common share for the quarter[11] - Book value per common share was $19.25[11] - The company declared a quarterly common stock cash dividend of $0.70 per share[11] - Economic return was 8.1% for the quarter and 11.5% year-to-date through the third quarter[11] Portfolio Composition and Growth - Total portfolio was $97.8 billion, including $87.3 billion in Agency MBS, representing 89% of total assets and 64% of dedicated capital[11] - The Agency portfolio grew by 10% during the quarter, with new purchases predominantly in specified pools with call protection across 5.5% and 6.0% coupons[11] - The Residential Credit portfolio increased 4% to $6.9 billion, representing 17% of dedicated capital[11] - The MSR portfolio increased 6% to $3.5 billion in market value, representing 19% of dedicated capital[11] Financing and Capital Markets Activities - Economic leverage was 5.7x, down from 5.8x in the second quarter[11] - The company raised $1.1 billion of accretive capital during the quarter, including $823 million of common equity and $275 million through preferred stock issuance[11] - The company priced 24 residential whole loan securitizations totaling $12.4 billion in proceeds year-to-date[11]

PRO FORMA AND PROJECTED INFORMATION This presentation contains certain pro forma and projected financial information, including projected pro forma information, which reflects First Merchants' current expectations and assumptions. This pro forma information is for illustrative purposes only and should not be relied on as necessarily being indicative of future results. The assumptions and estimates underlying the pro forma information are inherently uncertain and are subject to a wide variety of significant ...

Q3 2025 in Review Strong operational execution delivers robust profitability and free cash flow $917 Million Net Sales $119 Million Adjusted EBITDA $110 Million Adjusted FCF (6%) Y/Y & (5%) GoM* 13.0% Margin $459 Million Net Cash COMMITTED TO SHAREHOLDER RETURNS CONTINUED OPERATIONAL EXECUTION Expanding margins while executing 28 launches ROBUST NEW BUSINESS IN DISPLAYS AND SMARTCORE $1.8 billion of new business wins China and BMS in line with expectations SALES IN LINE WITH EXPECTATIONS EXCEPT FOR JLR IMPA ...