Trustmark(TRMK) - 2025 Q4 - Annual Report
2026-02-23 21:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-3683 TRUSTMARK CORPORATION (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) MISSISSIPPI 64-0471500 (IRS Emplo ...
ProAssurance(PRA) - 2025 Q4 - Annual Results
2026-02-23 21:16
NEWS RELEASE For More Information: Heather J. Wietzel • SVP, Investor Relations 800-282-6242 • 205-776-3028 • InvestorRelations@ProAssurance.com ProAssurance Reports Results for Fourth Quarter and Full-Year 2025 BIRMINGHAM, AL – February 23, 2026 – ProAssurance Corporation (NYSE: PRA), an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported net income of $33.4 million, or $0.64 per diluted share, and operating income of $42.4 million, or $0.82 per dil ...
DMC (BOOM) - 2025 Q4 - Annual Report
2026-02-23 21:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO ______ Commission file number 001-14775 DMC Global Inc. (Exact name of Registrant as Specified in its Charter) (State of Incorporation or Organization) (I.R.S. Employer Identific ...
Apple Hospitality REIT(APLE) - 2025 Q4 - Annual Report
2026-02-23 21:16
Financial Performance - For the year ended December 31, 2025, the Company's ADR was $159.09, a slight decrease of 0.1% from $159.31 in 2024, while occupancy dropped to 74.1% from 75.3%, and RevPAR decreased to $117.95 from $119.92, both reflecting a decline of 1.6%[23] - In 2025, the Company sold seven hotels for a combined gross sales price of approximately $73.3 million, resulting in a gain of approximately $13.1 million[28] - The Company's annualized distribution rate was $0.96 per common share at December 31, 2025, with expected monthly distributions of $0.08 per common share[48] Investments and Acquisitions - The Company acquired two hotels in 2025 for a total of approximately $117.0 million, including a 126-room Homewood Suites in Tampa and a 260-room Motto in Nashville[24] - As of December 31, 2025, the Company had a contract for a potential purchase of a hotel in Anchorage, Alaska, for approximately $65.5 million, with a planned completion in Q4 2027[26] - The Company plans to invest approximately $143.7 million to develop a dual-branded property in Las Vegas, expected to open in Q2 2028, consisting of an AC Hotel and a Residence Inn[27] - The Company invested approximately $88.2 million in capital improvements for its hotels in 2025, with plans to invest $80 million to $90 million in 2026[41] Debt and Financing - As of December 31, 2025, the Company had approximately $1.5 billion in total outstanding debt, with a weighted-average interest rate of approximately 4.70%[44] - The Company's unused borrowing capacity under its Revolving Credit Facility as of December 31, 2025, was $586.9 million, available for acquisitions, renovations, and other corporate purposes[45] - The Company's total debt to total capitalization ratio as of December 31, 2025, was 35.5%, indicating relatively low leverage compared to the real estate industry[45] - Approximately $551.0 million, or 36% of the Company's total debt outstanding, was subject to variable interest rates as of December 31, 2025[245] - The Company has 11 interest rate swap agreements that effectively fix interest payments on approximately $685.0 million of its variable-rate debt[246] - Total debt maturities amount to $1,545,265 million, with the largest maturity in 2030 at $460,016 million[248] - Average interest rates for total debt are projected to decrease from 4.7% in 2026 to 3.7% thereafter[248] - Variable-rate debt maturities total $1,236,000 million, with the highest maturity in 2030 at $385,000 million[248] - Average interest rates for variable-rate debt are expected to rise slightly from 4.9% in 2026 to 5.0% in 2030[248] - Fixed-rate debt maturities total $309,265 million, with the largest maturity in 2029 at $77,294 million[248] - Average interest rates for fixed-rate debt are projected to decrease from 4.0% in 2026 to 3.6% in 2030[248] Operational Overview - The Company operates 217 hotels with a total of 29,583 guest rooms, primarily under Marriott and Hilton brands[34] - Approximately 81% of the Company's hotels operate under variable management fee agreements, which align incentives for hotel managers to maximize performance[36] - The hotel industry is seasonal, with higher occupancy rates and revenues typically occurring in the second and third quarters[61] Corporate Responsibility and Employee Engagement - The Company maintains insurance coverage for general liability, property, and business interruption risks across all its hotels[49] - The Company is committed to enhancing sustainability practices, including energy management programs established in 2018 to minimize environmental impact[54] - The Company employs 64 team members as of December 31, 2025, emphasizing employee health, safety, and well-being as critical to business success[56] Shareholder Actions - The Company repurchased approximately 4.6 million common shares at an average price of $12.55 per share for a total of approximately $58.3 million under its Share Repurchase Program, with $242.5 million remaining available for future repurchases[32] - The Company plans to sell up to $500 million of its common shares under the ATM Program, with approximately $500 million remaining available for issuance as of December 31, 2025[47]
Great Lakes Dredge & Dock (GLDD) - 2025 Q4 - Annual Report
2026-02-23 21:16
FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from to Commission file number: 001-33225 Great Lakes Dredge & Dock Corporation (Exact name of registrant as specified in its charter) Delaware 20-5336063 (State or oth ...
Addus(ADUS) - 2025 Q4 - Annual Results
2026-02-23 21:16
Exhibit 99.1 Contacts: Brian W. Poff Dru Anderson Executive Vice President, Chief Financial Officer FINN Partners Addus HomeCare Corporation (615) 324-7346 (469) 535-8200 dru.anderson@finnpartners.com investorrelations@addus.com ADDUS HOMECARE ANNOUNCES FOURTH QUARTER AND YEAR END 2025 FINANCIAL RESULTS Frisco, Texas (February 23, 2026) – Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the fourth quarter and year ended December 31, 2025. ...
Oric(ORIC) - 2025 Q4 - Annual Report
2026-02-23 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39269 ORIC PHARMACEUTICALS, INC. Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of incorporatio ...
Apple Hospitality REIT(APLE) - 2025 Q4 - Annual Results
2026-02-23 21:15
Exhibit 99.1 Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2025 RICHMOND, Va. (February 23, 2026) – Apple Hospitality REIT, Inc. (NYSE: APLE) (the "Company" or "Apple Hospitality") today announced results of operations for the fourth quarter and full year ended December 31, 2025. Apple Hospitality REIT, Inc. Selected Statistical and Financial Data As of and For the Three Months and Year Ended December 31 (Unaudited) (in thousands, except statistical and per share amou ...
Offerpad Solutions (OPAD) - 2025 Q4 - Annual Results
2026-02-23 21:15
Exhibit 99.1 Offerpad Announces Q4 and FY 2025 Financial Results Four-Solution Platform and Capital Discipline Position Company for Scaled 2026 Growth TEMPE, Ariz. – February 23, 2026 – Offerpad (NYSE: OPAD), a real estate solutions company built to provide sellers and partners with multiple ways to transact, today reported financial results for the fourth quarter ended December 31, 2025. During the quarter, Offerpad generated $114.1 million in revenue and sold 312 homes. Results reflect continued execution ...
Adeia(ADEA) - 2025 Q4 - Annual Results
2026-02-23 21:14
FOR IMMEDIATE RELEASE "The past year was exceptional, both financially and operationally," continued Davis. "We are very pleased that our record annual revenue, and excellent operating income and adjusted EBITDA, all exceeded the high end of our guidance range. We signed 26 agreements across a diverse customer base spanning OTT, semiconductors, consumer electronics, Pay-TV and e-commerce. As we continue to expand our customer base, a record 12 of the 26 deals in 2025 were with new customers. Our non-Pay-TV ...