$929.00M
Net Interest Income
$-541.00M
Net Income
-
Efficiency Ratio
3.55%
Net Int. Margin
-6.8%
ROE
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Interest Income | $1.51B | $1.51B | $1.11B | $929.00M | $424.00M | $256.96M |
| Total Revenue | $4.47B | $4.47B | $2.95B | $1.86B | $1.36B | $1.82B |
| Revenue Growth % | 0.0% | 51.6% | 58.2% | 37.3% | -25.2% | nan% |
| Income Before Tax | $2.11B | $2.11B | $1.06B | $-533.00M | $-1.03B | $-3.68B |
| Income Tax Expense | $225.00M | $225.00M | $-347.00M | $8.00M | $1.00M | $2.00M |
| Net Income | $1.88B | $1.88B | $1.41B | $-541.00M | $-1.03B | $-3.69B |
| Net Margin % | 42.1% | 42.1% | 47.8% | -29.0% | -75.7% | -203.1% |
| Basic EPS | 2.13 | 2.12 | 1.60 | -0.61 | -1.17 | -7.49 |
| Diluted EPS | 2.06 | 2.05 | 1.56 | -0.61 | -1.17 | -7.49 |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Due from Banks | $4.26B | $4.33B | $4.83B | $6.34B | $6.25B |
| Goodwill & Intangibles | $385.00M | $179.00M | $175.00M | $100.00M | $100.52M |
| Premises & Equipment | $154.00M | $139.00M | $120.00M | $146.00M | $146.42M |
| Total Assets | $38.14B | $26.19B | $32.33B | $23.34B | $19.77B |
| Total Liabilities | $28.99B | $18.21B | $25.64B | $16.38B | $12.48B |
| Retained Earnings | $-2.15B | $-4.04B | $-5.45B | $-4.91B | $-3.88B |
| AOCI | $8.00M | $-1.00M | $-3.00M | - | $405.00K |
| Total Stockholders Equity | $9.15B | $7.97B | $6.70B | $6.96B | $7.29B |
| Total Liabilities & Equity | $38.14B | $26.19B | $32.33B | $23.34B | $19.77B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $1.88B | $1.88B | $1.41B | $-541.00M | $-1.03B | $-3.69B |
| Depreciation & Amortization | $147.00M | $86.00M | $77.00M | $71.00M | $61.00M | $25.50M |
| Deferred Taxes | - | $181.00M | $-369.00M | - | - | - |
| Stock-based Compensation | $529.00M | $305.00M | $304.00M | $871.00M | $654.00M | $1.57B |
| Other Operating Adjustments | $15.00M | $3.00M | $-2.00M | $3.00M | $35.00M | $-109.00K |
| Operating Cash Flow | $6.43B | $1.64B | $-157.00M | $1.18B | $-852.00M | $-884.77M |
| Purchases of Securities | - | - | - | - | $25.00M | $27.20M |
| Sales of Securities | - | - | - | - | $42.00M | - |
| Acquisitions | - | - | $6.00M | $93.00M | - | $125.43M |
| Investing Cash Flow | $991.00M | $141.00M | $-148.00M | $-582.00M | $-60.00M | $-237.88M |
| Common Stock Repurchased | $1.42B | $653.00M | $257.00M | $608.00M | - | - |
| Financing Cash Flow | $-1.71B | $-590.00M | $-345.00M | $-610.00M | - | $5.20B |
| Net Change in Cash | $5.73B | $1.20B | $-651.00M | $-11.00M | $-913.00M | $4.08B |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $1.27B | $637.00M | $3.19B | $1.94B |
| Operating Expenses | $639.00M | $486.00M | $1.75B | $1.44B |
| Interest Expense | - | - | $20.00M | $12.00M |
| Other Income/Expense | $-1.00M | $2.00M | $3.00M | $8.00M |
| Income Before Tax | $634.00M | $153.00M | $1.45B | $506.00M |
| Income Tax Expense | $78.00M | $3.00M | $169.00M | $11.00M |
| Net Income | $556.00M | $150.00M | $1.28B | $495.00M |
| Basic EPS | 0.63 | 0.17 | 1.44 | 0.56 |
| Diluted EPS | 0.61 | 0.17 | 1.39 | 0.55 |
| Basic Shares Outstanding | $889.26M | $884.11M | $885.35M | $880.18M |
| Diluted Shares Outstanding | $917.94M | $905.54M | $918.61M | $903.56M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $4.33B | $4.33B |
| Other Current Assets | $326.00M | $509.00M |
| Total Current Assets | $39.98B | $25.10B |
| Property Plant & Equipment | $150.00M | $139.00M |
| Goodwill | $386.00M | $179.00M |
| Intangible Assets | $172.00M | $38.00M |
| Other Non-current Assets | $405.00M | $533.00M |
| Total Assets | $41.45B | $26.19B |
| Deferred Revenue | $12.32B | $7.45B |
| Other Current Liabilities | $762.00M | $266.00M |
| Total Current Liabilities | $32.76B | $18.10B |
| Other Non-current Liabilities | $123.00M | $111.00M |
| Total Liabilities | $32.88B | $18.21B |
| Retained Earnings | $-2.76B | $-4.04B |
| Total Stockholders Equity | $8.57B | $7.97B |
| Total Liabilities & Equity | $41.45B | $26.19B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $556.00M | $150.00M | $1.28B | $495.00M |
| Depreciation & Amortization | - | - | $63.00M | $55.00M |
| Stock-based Compensation | - | - | $229.00M | $227.00M |
| Change in Receivables | - | - | $5.81B | $1.97B |
| Operating Cash Flow | - | - | $2.58B | $1.24B |
| Investing Cash Flow | - | - | $699.00M | $-182.00M |
| Stock Repurchased | - | - | $553.00M | $97.00M |
| Financing Cash Flow | - | - | $-708.00M | $-167.00M |
| Net Change in Cash | - | - | $2.57B | $895.00M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.