Anthony Cyganovich

Anthony Cyganovich asked for specific examples of other money transfer corridors, beyond the U.S. to Mexico, that are experiencing softer growth due to immigration impacts. He also questioned whether Euronet can still achieve double-digit EPS growth in 2026 if the current macro and policy-related challenges persist, given the company's historical performance.

Answer

CFO Rick Weller identified corridors into Bangladesh, Pakistan, and Turkey as experiencing softer growth, linking this to immigration actions in countries like Germany and the U.K. Chairman and CEO Mike Brown affirmed absolute confidence in achieving double-digit EPS growth in 2026, citing numerous ongoing opportunities like CoreCard and other initiatives that, while not generating immediate revenue, contribute over time. Mr. Weller further elaborated on the quality of Euronet's global assets, rapid digitization across segments, and new product offerings like CoreCard's credit processing outside the U.S. He also highlighted the strategic advantage of Euronet's extensive on- and off-ramp network for stablecoin integration, reinforcing confidence in sustained double-digit earnings growth.

Anthony Cyganovich asked for more detail on other money transfer corridors experiencing softer growth due to immigration impacts outside the U.S. He also questioned whether Euronet could still achieve double-digit EPS growth in 2026 if current macro and policy-related challenges persist, given the company's historical performance.

Answer

CFO Rick Weller identified Bangladesh, Pakistan, and Turkey as corridors with lighter transactions, linking this to immigration actions in countries like Germany and the UK. Chairman and CEO Mike Brown affirmed that Euronet absolutely expects to generate double-digit EPS growth in 2026, citing numerous ongoing opportunities like CoreCard and other initiatives. Rick Weller emphasized the quality of Euronet's global asset infrastructure, rapid digitization, new channels, and leverage of stablecoins with its extensive on/off-ramp network, highlighting the company's history of adapting and innovating.