Southern Copper (NYSE:SCCO) Q4 2025 Earnings call January 28, 2026 10:00 AM ET Company ParticipantsMateus Moreira - Equity Research AssociateRaul Jacob - VP of Finance, Treasurer, and CFOConference Call ParticipantsAlex Hacking - Equity Research AnalystAlfonso Salazar - Senior Equity AnalystDavid Feng - Equity Research AnalystEmerson Vieira - Equity Research AnalystMyles Allsop - Mining Research AnalystTimna Tanners - Managing Director and Senior Equity Research AnalystOperatorGood morning, and welcome to S ...

Financial Data and Key Metrics Changes - The special meeting of shareholders confirmed that approximately 85% of the shares of Omnicom common stock entitled to vote were present, indicating strong shareholder engagement [6]. Business Line Data and Key Metrics Changes - The meeting focused on the approval of the Omnicom 2026 Incentive Award Plan, which was unanimously recommended by the Board of Directors [5]. Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting. Company Strategy and Development Direction - The approval of the 2026 Incentive Award Plan suggests a focus on aligning employee incentives with company performance, which may indicate a strategy aimed at enhancing productivity and retention [5]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting [9]. Other Important Information - The final voting results for the proposal will be reported in a current report on Form 8-K, in accordance with SEC rules and regulations [6]. Q&A Session Summary - There were no questions from shareholders during the Q&A session [9].

Financial Data and Key Metrics Changes - The company reported net earnings of $83 million or $0.64 per share for the fourth quarter, with an annualized return on average assets of 1.34% and an adjusted return on average tangible common equity of 17.6% [3][10] - Pre-provision net revenue reached a record $111 million, representing an ROA of 1.78% [3][10] - Revenue increased to a record $226 million, driven by record net interest income of $197 million and non-interest income of $28.3 million [10] Business Line Data and Key Metrics Changes - The commercial loan team generated total new loan production of $3.2 billion in 2025, with net commercial loan growth of 5.5% for the year [4] - Average non-interest-bearing deposits grew by 2% annualized, contributing to the overall growth in core deposits, which increased by $260 million or 6.6% annualized [5] - Non-interest income increased to $28.3 million, with significant contributions from the insurance agency and SBA loan sales [7][8][15] Market Data and Key Metrics Changes - The company experienced a favorable improvement in non-performing assets, which declined to 0.32% of total assets [6][14] - The average cost of total deposits decreased to 2.1%, while the total cost of funds decreased to 2.34% [13] Company Strategy and Development Direction - The company plans to continue investing in revenue-producing talent across various platforms, including middle market banking, treasury management, SBA, wealth management, and insurance [8][9] - A core system conversion is scheduled for the fall of 2026 to enhance scalability and digital capabilities [9][84] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining growth momentum and improving profitability, with expectations for loans and deposits to grow in the 4%-6% range for 2026 [18] - The competitive landscape for deposits remains challenging, but the company is focused on maintaining its core model and capturing market share [36] Other Important Information - The company announced a new share repurchase authorization allowing for the buyback of an additional 2 million shares [8] - The tangible book value per share increased by 3.8% to $15.70, and the tangible common equity ratio rose to 8.48% [17] Q&A Session Summary Question: Inquiry about the effective tax rate and tax credit investments - Management clarified that the effective tax rate is projected to be approximately 29% for 2026, with benefits from tax credit investments realized throughout the year [23][25] Question: Discussion on capital deployment priorities - Management indicated that organic growth remains the primary focus, with potential considerations for dividends and investments in insurance and wealth platforms [26][27] Question: Insights on deposit competition and its impact - Management acknowledged heightened competition for deposits but emphasized their strong performance in core deposits and the ability to capture market share [36] Question: Trends in the commercial real estate (CRE) market - Management noted a healthier CRE market and expressed no interest in acquiring portfolios from competitors, focusing instead on organic growth [40] Question: Potential for loan yields to increase - Management indicated that there is potential for yields to improve as the pipeline yield increases and backflow repricing occurs [45] Question: Plans for geographic expansion - Management expressed interest in expanding into adjacent geographies, including Long Island and the Philadelphia suburbs, while already having teams in those areas [50]

Brinker International (NYSE:EAT) Q2 2026 Earnings call January 28, 2026 10:00 AM ET Company ParticipantsChris O'Cull - Managing DirectorDavid Palmer - Senior Managing DirectorDennis Geiger - Executive DirectorKevin Hochman - CEO and PresidentKim Sanders - Head of Investor RelationsMika Ware - CFOConference Call ParticipantsAndrew Strelzik - Senior AnalystBrian Harbour - Equity Research AnalystBrian Vaccaro - Equity Research AnalystChristine Cho - VP and Equity Research AnalystEric Gonzalez - Senior Research ...

Financial Data and Key Metrics Changes - The company reported net earnings of $83 million or $0.64 per share for Q4 2025, with an annualized return on average assets of 1.34% and an adjusted return on average tangible common equity of 17.6% [3][9] - Pre-provision net revenue reached a record $111 million, representing an ROA of 1.78%, and revenue increased to a record $226 million, driven by record net interest income of $197 million and non-interest income of $28.3 million [3][9][10] - Average earning assets increased by $307 million or an annualized 5.4% compared to the previous quarter, while the average yield on assets decreased by 10 basis points to 5.66% [10][12] Business Line Data and Key Metrics Changes - The commercial loan team generated total new loan production of $3.2 billion in 2025, with net commercial loan growth of 5.5% for the year [4][5] - Non-interest income increased to $28.3 million in Q4, with significant contributions from the insurance agency and SBA loan sales [6][13] - The company successfully resolved $22 million of non-performing loans, resulting in non-performing assets improving to 0.32% [5][12] Market Data and Key Metrics Changes - Average deposits increased by $786 million or an annualized 16.5% compared to the previous quarter, while period-end deposits increased by $182 million or an annualized 3.8% [12] - The deposit market remains competitive, with the company focusing on managing credit risk and generating top-quartile risk-adjusted returns [5][10] Company Strategy and Development Direction - The company plans to continue investing in revenue-producing talent across various platforms, including middle market banking, treasury management, SBA, wealth management, and insurance [7][8] - A core system conversion is scheduled for Labor Day weekend of 2026, aimed at enhancing scalability and digital capabilities [8][88] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining balance sheet growth momentum and anticipates loan payoff activity will normalize compared to 2025 [8] - The company expects loans and deposits to grow in the 4%-6% range for 2026, with a core return on average assets targeted in the 1.20%-1.30% range [16] Other Important Information - The company announced a new share repurchase authorization allowing for the buyback of an additional 2 million shares [7][15] - The effective tax rate is projected to be approximately 29% for 2026, with ongoing exploration of opportunities to purchase additional tax credits [15][16] Q&A Session Summary Question: Inquiry about the effective tax rate and tax credit investments - Management clarified that the $54 million tax credit investments will reduce the effective tax rate in 2026, with benefits spread throughout the year [21][23] Question: Priorities for deployment of excess capital - Management indicated that organic growth remains the primary objective, with potential considerations for dividends and investments in insurance and wealth platforms [24][25][26] Question: Competition in deposit markets - Management acknowledged heightened competition for deposits but emphasized their strong performance in core deposits and commercial deposits [35][36] Question: Trends in the CRE market - Management noted a healthier CRE market and expressed no interest in acquiring portfolios from competitors, focusing instead on relationship banking [40][41] Question: Potential for loan yields to increase - Management indicated that there is potential for yields to improve as the pipeline yield increases [45] Question: Plans for geographic expansion - Management expressed interest in expanding into adjacent geographies, particularly in Long Island and the Philly suburbs [52] Question: Initiatives to decrease deposit costs - Management stated that they are still repricing downward and expect further improvements in core margin with future Fed rate cuts [87] Question: Core systems conversion timeline - Management confirmed the core systems conversion is scheduled for Labor Day weekend of 2026, aimed at enhancing operational efficiency [88][89]

Financial Data and Key Metrics Changes - For Q2 FY 2026, Brinker reported total revenues of $1.45 billion, an increase of 7% over the prior year, with consolidated comp sales of +7.5% [18] - Adjusted diluted EPS for the quarter was $2.87, up from $2.80 last year [18] - Restaurant operating margin was 18.8%, compared to 19.1% in the prior year, a decrease of 30 basis points year over year [19] - Adjusted EBITDA was approximately $223.5 million, a 3.6% increase from the prior year [21] Business Line Data and Key Metrics Changes - Chili's same-store sales were at +8.6%, outpacing the casual dining industry by 680 basis points, with a 2-year cumulative comp of 43% [4] - Maggiano's reported comp sales for the quarter of -2.4%, but there were signs of sequential improvement [19][13] - Chili's top-line sales growth was driven by a price increase of 4.4%, positive traffic of 2.7%, and a positive mix of 1.5% [18] Market Data and Key Metrics Changes - Chili's was the number one traffic brand in casual dining for the entire 2025 year [12] - The company captured value leadership in casual dining and the broader restaurant industry over the past three years [11] Company Strategy and Development Direction - The company plans to continue focusing on improving food, service, and atmosphere, with a strong emphasis on marketing and brand building [5] - A reimage program for Chili's has started, with plans to complete 60-80 reimages in fiscal 2027 and fully roll out the program in fiscal 2028 [22][88] - The company aims to maintain a disciplined capital allocation strategy, allowing for investments in restaurants and returning excess cash to shareholders [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving their fifth consecutive year of same-store sales growth and second consecutive year of traffic gains [17] - The company anticipates mid-single-digit comps for the back half of the year, despite potential pressure from recent weather events [36] - Management noted that the macroeconomic environment remains mixed, but they are focused on controllable factors like food service and atmosphere to drive guest traffic [66] Other Important Information - The company repurchased an additional $100 million of common stock under its share repurchase program [23] - Capital expenditures for the quarter were approximately $63.7 million, driven by capital maintenance spend [21] - The company expects to face commodity inflation in the low single digits for the fiscal year, with some pressures anticipated in the back half [26] Q&A Session Summary Question: What contributed to the strong traffic and sales growth in the quarter? - Management highlighted stable pricing and positive performance from the Margarita of the Month and other menu items, with no significant changes in guest frequency [30][32] Question: What are the expectations for the back half of the year regarding top-line performance? - Management expects solid mid-single-digit comps for the back half, with potential traffic pressure due to recent weather events [36][42] Question: Can you elaborate on the remodels and their expected impact? - Management confirmed plans for 60-80 remodels in 2027, with a focus on operational learning and cost-effective improvements [88][92] Question: How does the company plan to manage pricing power with the $10.99 price point? - Management emphasized the importance of a barbell strategy to maintain a diverse menu and prevent over-reliance on lower price points [44][46] Question: What is the outlook for commodity costs and their impact on margins? - Management reiterated that while tariffs have provided some favorability, mid-single-digit inflation is expected in the back half of the year [99]

BXP (NYSE:BXP) Q4 2025 Earnings call January 28, 2026 10:00 AM ET Speaker16Good day, and thank you for standing by. Welcome to the Q4 2025 BXP Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press sta ...

Financial Data and Key Metrics Changes - The meeting reported that approximately 85% of the shares were represented, indicating strong shareholder engagement [4] - The voting results showed that approximately 98% of shares voted in favor of the election of Ms. Davenport, and 100% ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2026 [11] Business Line Data and Key Metrics Changes - No specific business line data or key metrics were discussed during the meeting [8] Market Data and Key Metrics Changes - No specific market data or key metrics were provided during the meeting [8] Company Strategy and Development Direction - The company emphasized the importance of shareholder opinions regarding executive compensation, indicating a focus on governance and alignment with shareholder interests [6] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [8] Other Important Information - The meeting included the election of five directors, with varying levels of shareholder support for each nominee [10] - The compensation of named executive officers was approved on a non-binding advisory basis, with approximately 82% of shares voting in favor [11] Q&A Session Summary Question: Were there any questions from shareholders? - There were no questions submitted during the meeting [8][12]

Southern Copper (NYSE:SCCO) Q4 2025 Earnings call January 28, 2026 10:00 AM ET Speaker5Good morning, and welcome to Southern Copper Corporation's fourth quarter and year 2025. With us this morning, we have Southern Copper Corporation, Mr. Raul Jacob, Vice President, Finance, Treasurer, and CFO, who will discuss the results of the company for the fourth quarter and year 2025, as well as answer any questions that you might have. The information discussed on today's call may include forward-looking statements ...

Financial Data and Key Metrics Changes - The meeting confirmed that as of December 17, 2025, there were 314,603,664 shares of common stock outstanding and entitled to vote, with a quorum present [4][6]. Business Line Data and Key Metrics Changes - The primary agenda for the meeting was to approve Omnicom's 2026 Incentive Award Plan, which was unanimously recommended by the board [5]. Market Data and Key Metrics Changes - Approximately 85% of the shares entitled to vote were represented at the meeting, indicating strong shareholder engagement [6]. Company Strategy and Development Direction - The approval of the 2026 Incentive Award Plan suggests a focus on aligning employee incentives with company performance, which may enhance overall company strategy and growth [5]. Management Comments on Operating Environment and Future Outlook - There were no specific comments from management regarding the operating environment or future outlook during this meeting, as the focus was primarily on the voting process [9]. Other Important Information - The final voting results will be reported in a current report on Form 8-K, in accordance with SEC rules and regulations [6]. Q&A Session Summary - There were no questions from shareholders during the Q&A session, indicating either satisfaction with the proposals or a lack of immediate concerns [9].