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What Are Wall Street Analysts' Target Price for KKR & Co. Stock?
Yahoo Finance· 2026-02-06 08:22
The New York-based KKR & Co. Inc. (KKR) is a global investment firm that offers alternative asset management, capital markets expertise, and insurance solutions. Holding a market cap of roughly $93.4 billion, it allocates capital across real assets, credit, and liquid strategies while serving institutional and individual clients with retirement, life, reinsurance, and bespoke capital solutions. Market performance, however, has tested investor patience. Over the past 52 weeks, KKR & Co.’s shares fell near ...
The Hanover and its Employees Contribute More Than $1.5 Million to Nonprofits Countrywide
Prnewswire· 2026-02-05 20:00
WORCESTER, Mass., Feb. 5, 2026 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) and its employees raised more than $1.5 million through their annual employee giving campaign to support nonprofit organizations across the country, including United Way, Feeding America and Boys and Girls Club of America, as well as thousands of other national and local nonprofits. For more than 70 years, The Hanover has sponsored an annual employee giving campaign that creates opportunities for its employees to s ...
The Hanover Insurance Group, Inc. to Present at the Bank of America Securities 2026 Financial Services Conference
Prnewswire· 2026-01-27 21:10
WORCESTER, Mass., Jan. 27, 2026 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, are scheduled to participate in a fireside chat at the Bank of America Securities Financial Services Conference on Tuesday, February 10, 2026, from 2:40 p.m. to 3:20 p.m. Eastern Time. Roche and Farber will also host several one-on-one and group meetings with investors ...
Brown & Brown, Inc. announces fourth quarter 2025 results, including total revenues of $1.6 billion, an increase of 35.7%; Organic Revenue decrease of 2.8%; diluted net income per share of $0.59; and Diluted Net Income Per Share - Adjusted of $0.93
Globenewswire· 2026-01-26 22:00
Core Insights - Brown & Brown, Inc. reported strong financial results for the fourth quarter and full year of 2025, highlighted by significant revenue growth and the acquisition of Accession [1][3] Financial Performance - For Q4 2025, total revenues reached $1.6 billion, an increase of $423 million or 35.7% compared to Q4 2024, while organic revenue decreased by 2.8% [3] - For the full year 2025, total revenues were $5.9 billion, up $1.1 billion or 22.8% from 2024, with organic revenue increasing by 2.8% [3] - Net income attributable to the Company for Q4 2025 was $264 million, a rise of $54 million or 25.7% year-over-year [3] - Diluted net income per share for Q4 2025 was $0.59, down 19.2%, while adjusted diluted net income per share increased to $0.93, up 8.1% [3][4] Margins and Income - Income before income taxes for Q4 2025 was $321 million, a 16.7% increase, with an income before income taxes margin of 20.0%, down from 23.2% in Q4 2024 [3][6] - EBITDAC - Adjusted for Q4 2025 was $529 million, a 35.6% increase, with an EBITDAC margin - Adjusted of 32.9% [3][6] Acquisitions and Growth - The acquisition of Accession contributed to the overall growth and was a key highlight for the year [1] - The Company experienced strong revenue growth and double-digit adjusted diluted net income per share growth, alongside good adjusted margin expansion [1] Balance Sheet and Cash Flow - As of December 31, 2025, total assets were $29.99 billion, significantly up from $17.61 billion in 2024 [11] - Cash and cash equivalents increased to $1.08 billion from $675 million in 2024 [11] - Net cash provided by operating activities for the year was $1.45 billion, compared to $1.17 billion in 2024 [12]
Brown & Brown mourns the passing of Chief Legal Officer Robert Mathis
Globenewswire· 2026-01-26 11:30
Core Viewpoint - Brown & Brown, Inc. announces the passing of Chief Legal Officer Robert Mathis, highlighting his significant contributions and the impact he had on the organization and its employees [1][2]. Group 1: Company Leadership and Impact - Robert Mathis was recognized as a dynamic leader and exceptional attorney, known for his ability to bring clarity to complex situations and genuine care to relationships [1]. - Powell Brown, the president and CEO, emphasized Mathis's standard for judgment, integrity, and humanity, noting his role in guiding the company through pivotal moments [2]. - Eileen Akerson, the chief risk, regulatory and compliance counsel, will serve as the interim Chief Legal Officer following Mathis's passing [2]. Group 2: Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm that has been providing customized insurance solutions since 1939, with over 700 locations and a workforce of more than 23,000 professionals [3]. - The company is dedicated to delivering scalable and innovative strategies for its customers throughout their growth journey [3].
Old National Bancorp Q4 Earnings Call Highlights
Yahoo Finance· 2026-01-21 16:27
Core Insights - The company successfully completed the systems conversion and integration related to its Bremer Bank partnership, marking it as one of its smoothest integrations ever [1] - Fourth-quarter GAAP earnings per share (EPS) were reported at $0.55, with adjusted EPS at $0.62, reflecting a 5% increase from the prior quarter and a 27% increase year over year [2] - The company achieved record profitability metrics in 2025, including adjusted EPS, net income, and efficiency ratio, driven by core deposit growth and disciplined credit management [3][4] Financial Performance - Adjusted EPS for Q4 was $0.62, up 27% year over year, with an adjusted return on average tangible common equity (ROTCE) of nearly 20% and an adjusted return on assets (ROA) of 1.37% [3][7] - The company reported total loan growth of 6.4% annualized from the prior quarter, with loan production up 25% [8] - Deposits increased by 0.6% annualized in the quarter, with non-interest-bearing deposits growing to 26% of core deposits [9] Outlook for 2026 - The company anticipates full-year loan growth of 4%–6% and a stable-to-improving net interest margin supported by repricing and securities cash flows [5][17] - Management plans to be more active in share buybacks while maintaining strong capital levels, with a CET1 ratio above 11% [6][16] - The company expects net interest income to increase, supported by fixed-asset repricing and continued growth [17] Cost Management and Efficiency - Adjusted non-interest expenses were reported at $365 million in Q4, with a record-low adjusted efficiency ratio of 46% [13] - The company realized about 28% of anticipated cost savings from the Bremer integration in Q4, with full realization expected in Q1 2026 [13] Credit Quality - Credit metrics improved, with net charge-offs at 27 basis points and criticized and classified loans declining by $278 million [15] - The allowance for credit losses was reported at 124 basis points of total loans, down two basis points from the prior quarter [15]
AIG to Report Fourth Quarter and Full Year 2025 Financial Results on February 10, 2026, and Host Conference Call on February 11, 2026
Businesswire· 2026-01-16 14:15
Core Viewpoint - American International Group, Inc. (AIG) is set to report its financial results for the fourth quarter and full year ended December 31, 2025, on February 10, 2026, after market close [1] Group 1: Financial Reporting - AIG will release its financial results and a financial supplement in the Investors section of its website [1] - A conference call to review these results will be held on February 11, 2026, at 8:30 a.m. ET, which will be accessible to the public via a live webcast [2] - A replay of the conference call will be available on the same website after the call [2] Group 2: Company Overview - AIG is a leading global insurance organization providing insurance solutions to businesses and individuals in over 200 countries and jurisdictions [3] - The company operates through various subsidiaries and affiliates, and its products and services may not be available in all regions [4] - Non-insurance products and services may be offered by independent third parties, and certain property casualty coverages may be provided by surplus lines insurers [4]
Ameriprise Financial Announces Schedule for Fourth Quarter 2025 Investor Conference Call
Businesswire· 2026-01-15 13:45
Core Viewpoint - Ameriprise Financial, Inc. is set to release its fourth quarter 2025 results on January 29, 2026, at 6:30 a.m. (ET) and will host an investor conference call at 8:00 a.m. (ET) on the same day [1] Group 1 - The company has been providing financial confidence for over 130 years [2] - Ameriprise offers extensive investment advice, global asset management capabilities, and insurance solutions [2] - The company has a nationwide network of more than 10,000 financial advisors [2]
Hartford Insurance Strengthens Digital Push With New Columbus Tech Hub
ZACKS· 2026-01-08 18:31
Core Insights - Hartford Insurance Group, Inc. (HIG) is advancing its digital transformation by opening a new technology office in Columbus, OH, which will house around 75 employees focused on AI, cloud architecture, and technology transformation [1][9] Group 1: Digital Transformation and Technology Hub - The new Columbus hub is designed as a collaborative workspace to enhance experimentation, prototyping, and delivery of innovative insurance solutions, emphasizing AI-driven capabilities and cloud-native systems [2][9] - This expansion aligns with HIG's strategy to build a globally integrated technology ecosystem, complementing existing tech hubs in Hartford, Chicago, Charlotte, and Hyderabad [3] - Strengthening in-house technology capabilities is expected to improve speed to market, enhance data security, and reduce long-term technology costs [4] Group 2: Operational Efficiency and Customer Experience - AI tools are anticipated to improve risk assessment and pricing accuracy, potentially leading to better underwriting margins over time [4] - The investment in technology is expected to support improved agent productivity, faster claims resolution, and more personalized policy offerings, thereby enhancing customer retention [5] - If executed effectively, this approach could bolster operational resilience and foster sustainable growth in the increasingly digital insurance landscape [5] Group 3: Stock Performance - Over the past six months, HIG's shares have increased by 11.5%, outperforming the industry growth of 2.5% [8]
Brown & Brown, Inc. announces 2025 fourth-quarter earnings release and conference call dates
Globenewswire· 2025-12-31 11:45
Core Viewpoint - Brown & Brown, Inc. is set to release its fourth-quarter earnings for 2025 on January 26, 2026, with an investor update conference call scheduled for January 27, 2026 [1] Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm established in 1939, providing comprehensive and customized insurance solutions [2] - The company operates over 700 locations globally and employs more than 23,000 professionals [2] - Brown & Brown is committed to delivering scalable and innovative strategies to support customer growth [2]