Exxon Mobil (NYSE:XOM) Q4 2025 Earnings call January 30, 2026 09:30 AM ET Speaker1Good morning, everyone. Welcome to ExxonMobil's fourth quarter 2025 earnings call. Today's call is being recorded. We appreciate you joining us. I'm Jim Chapman, Vice President, Treasurer, and Investor Relations. This quarter's presentation and prerecorded remarks are available on the investors section of our website. They are meant to accompany the fourth quarter earnings press release, which is posted in the same location. D ...

Financial Data and Key Metrics Changes - For Q4 2025, consolidated net sales were $644.4 million, a 19% increase from $541.6 million in Q4 2024. Core Gentex revenue was $541 million, essentially flat year-over-year [4][10] - Consolidated gross margin improved to 34.8% from 32.5% in Q4 2024, with core Gentex gross margin at 35.5%, a 300 basis point increase [5][11] - Consolidated net income for Q4 2025 was $93 million, compared to $87.7 million in Q4 2024, with earnings per diluted share at $0.43, up from $0.39 [9][10] Business Line Data and Key Metrics Changes - Gentex Automotive generated $527.6 million in net sales for Q4 2025, down from $531.3 million in Q4 2024, despite a 3% decline in auto-dimming mirror shipments [14] - The "Other" category, including dimmable aircraft windows and medical products, saw Q4 net sales rise to $13.3 million from $10.3 million in the prior year [14] - Vox contributed $103.4 million in net sales during Q4 2025, with a total of $267.2 million for the nine-month period from April to December 2025 [15] Market Data and Key Metrics Changes - Sales into China totaled $34.5 million for Q4 2025, down 33% from the previous year due to tariffs [5] - Revenue in primary markets grew approximately 3% despite a 2% decline in light vehicle production [4] Company Strategy and Development Direction - The company aims to maintain gross margins in the 35%-36% range, achieved through cost control and operational efficiencies [6][32] - Focus on innovation and product launches, including driver monitoring systems and dimmable visors, to drive growth [34] - The strategy includes leveraging core competencies to achieve above-market growth through existing and new technologies [34] Management's Comments on Operating Environment and Future Outlook - Management noted that 2025 faced challenges from tariffs, production declines, and cost inflation, yet the team delivered impressive results [31][32] - Expectations for 2026 include consolidated revenue guidance of $2.6 billion to $2.7 billion, with gross margins anticipated between 34% and 35% [30] - The company is optimistic about recovering tariff impacts through negotiations with customers [82] Other Important Information - Cash and cash equivalents decreased to $145.6 million from $233.3 million at year-end 2024, primarily due to acquisitions and share repurchases [16] - The company repurchased 3.8 million shares in Q4 at an average price of $23.43, totaling $319 million for the year [15] Q&A Session Summary Question: Can you discuss the revenue guidance range and the risks involved? - Management acknowledged the uneven performance in 2025 and noted potential stability in North America and Western Europe, while expressing concerns about the China market [38] Question: What were the drivers behind the better-than-expected gross margins? - Positive factors included product mix and operational efficiencies, while tariff impacts were significant headwinds [41] Question: What is the outlook for the China market? - Continued headwinds are expected due to high tariffs, but a drop in tariffs could improve competitiveness [91] Question: How is the integration of Vox progressing? - The integration is on track, with expected annual synergies of approximately $40 million [63] Question: What are the expectations for free cash flow and buybacks? - The company aims to maintain strong cash flow, with buybacks being a primary use of generated cash [85]

ArcBest (NasdaqGS:ARCB) Q4 2025 Earnings call January 30, 2026 09:30 AM ET Speaker6Good morning, and thank you for standing by. Welcome to the ArcBest Fourth Quarter 2025 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. As a reminder, this call is being recorded. I will now turn it over to Amy Mendenhall, Vice President, Treasury, and Investor Relations. Please go ahead.Speaker0Good morning. I'm here ...

Financial Data and Key Metrics Changes - Hilltop reported net income of approximately $42 million for Q4 2025, equating to $0.69 per diluted share, with a return on average assets of 1.1% and return on average equity of 7.6% [7] - For the full year 2025, consolidated income attributable to common stockholders was $165.6 million, representing a 46% increase compared to the prior year [15] - Total revenues for 2025 increased by 8% to approximately $1.3 billion, while expenses grew by only 2%, resulting in positive operating leverage of 6% [15] Business Line Data and Key Metrics Changes - PlainsCapital Bank experienced an expansion in net interest margin, increasing by 12 basis points year-over-year, and generated $43.5 million in pre-tax income [4][7] - PrimeLending reported a pre-tax loss of $5 million in Q4 2025, with origination volume of $2.4 billion, indicating a seasonal rebound despite ongoing industry challenges [9][10] - Hilltop Securities achieved a pre-tax margin of 18% on net revenues of $138 million, with public finance services seeing a 20% year-over-year increase in net revenues [10][11] Market Data and Key Metrics Changes - The average total deposits for Q4 2025 were approximately $10.7 billion, a decline of $233 million compared to Q4 2024, driven by the return of sweep deposits [19] - The interest-bearing deposit cost decreased to 269 basis points, down 44 basis points from the prior year [20] - Mortgage-related income and fees increased by $2.5 million compared to Q4 2024, driven by improvements in lock and originated volumes [20] Company Strategy and Development Direction - Hilltop aims to be a full solution provider to clients, focusing on executing strategic initiatives while maintaining solid capital levels with a Common Equity Tier 1 capital ratio of 19.7% [12] - The company is actively evaluating acquisition opportunities while also focusing on organic growth amidst a competitive market environment [47][48] - Management emphasized the importance of operational cost reductions and efficiency improvements to navigate the challenging mortgage industry landscape [10][25] Management Comments on Operating Environment and Future Outlook - Management noted a positive interest rate environment supporting expanded net interest margins, despite increasing competition [8] - The outlook for 2026 anticipates average bank loan growth of 4%-6%, excluding the impact of loans retained from PrimeLending [26] - There is uncertainty regarding interest rates and inflation, but management remains optimistic about the company's positioning for long-term success [28] Other Important Information - Hilltop returned $229 million to stockholders through share repurchases and dividends in 2025 [6] - The allowance for credit losses decreased by $3.6 million to $91.5 million, with net charge-offs of $11.5 million recorded in Q4 2025 [15][17] Q&A Session Summary Question: Expectations for broker-dealer fees and pre-tax margin for 2026 - Management expressed confidence in the stability of broker-dealer fees and indicated that a pre-tax margin of 13.5% is a reasonable baseline for 2026 [33][38] Question: Sensitivity of NII to potential Fed rate cuts - Management noted that every 25 basis points reduction in rates could impact NII by approximately $4.5 million, with broker fee income being more variable [39][41] Question: Discussion on capital priorities and M&A opportunities - Management highlighted the increase in dividends and standard share repurchase authorization, while also evaluating acquisition opportunities amidst a competitive landscape [46][48] Question: Loan growth pipeline and pricing competition - The loan pipeline entering 2026 is approximately $2.6 billion, with management noting increased competition in loan pricing due to the current rate environment [58] Question: Expectations for gain on sale margins in the mortgage sector - Management expects stable revenue from gain on sale margins and mortgage origination fees, with a projected range of 350-360 basis points [59][60]

Invesco Mortgage Capital (NYSE:IVR) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Company ParticipantsBrian Norris - CIOGreg Seals - Head of Investor RelationsJason Stewart - Md & Head of Specialty Finance & Real Estate ResearchJason Weaver - Md & Head of Specialty Finance & Real Estate ResearchJohn Anzalone - CEOConference Call ParticipantsDouglas Harter - Director & Senior Equity Research AnalystEric Hagen - Md & Mortgage & Specialty Finance AnalystTrevor Cranston - Director & Senior Equity Research ...

Financial Data and Key Metrics Changes - The annual meeting confirmed that all 10 director nominees were elected, and the compensation for named executive officers was approved, indicating shareholder support for management [7] - KPMG was ratified as the independent registered public accounting firm for fiscal 2026, reflecting confidence in the company's financial oversight [7] Business Line Data and Key Metrics Changes - No specific financial data or metrics related to individual business lines were discussed during the meeting [3][4] Market Data and Key Metrics Changes - There were no specific market data or metrics changes mentioned in the meeting [3][4] Company Strategy and Development Direction - The company is focused on maintaining shareholder engagement through virtual meetings, which allows for broader participation and cost savings [3] - The upcoming first quarter earnings call is scheduled for February 5, 2026, indicating a commitment to transparency and regular communication with shareholders [10] Management Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting, as there were no questions submitted by shareholders [5][10] Other Important Information - The meeting was conducted virtually to enhance shareholder participation and reduce costs [3] - The results of the voting will be reported in a Form 8-K, ensuring compliance with regulatory requirements [8] Q&A Session Summary Question: Were there any questions submitted by shareholders? - No questions were submitted in advance relating to the items of business being voted on at the meeting [5] - Management invited shareholders to reach out to the Investor Relations team for any additional questions after the meeting [9]

Financial Data and Key Metrics Changes - The Hartford reported Core Earnings of $3.8 billion for 2025, with a Core Earnings ROE of 19.4% [5][16] - Core earnings for Q4 2025 were $1.1 billion, or $4.06 per diluted share [16] - The business insurance segment achieved written premium growth of 7% with an underlying combined ratio of 88.1 [16] - The overall expense ratio for business insurance increased to 31.8, up 1 point from the prior year [17] Business Line Data and Key Metrics Changes - Business insurance delivered robust top-line growth of 8%, with small business written premium of $6 billion and an underlying combined ratio of 88.9 [4][9] - Personal insurance core earnings were $214 million, with an underlying combined ratio of 84.3, reflecting a 5.9 point improvement [18] - Employee benefits reported a Core Earnings margin of 7.6%, driven by strong group life and disability performance [22] Market Data and Key Metrics Changes - Business insurance renewal written pricing, excluding workers' compensation, was 6.1% for the quarter [10] - The property pricing continued to moderate, while casualty lines remained firm and above loss trend [11] - The investment portfolio generated net investment income of $832 million, a 17% increase from Q4 2024 [24] Company Strategy and Development Direction - The Hartford is focused on innovation and technology, with investments in AI to enhance underwriting and claims processes [7][8] - The company aims to sustain industry-leading ROEs through disciplined underwriting and risk selection, particularly in the SME segment [11][15] - The strategy includes expanding market share in personal insurance and employee benefits while maintaining profitability [13][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to sustain favorable renewal premium changes in small business due to strong market positioning and relationships with agents [30][32] - The company anticipates continued growth in the employee benefits segment, supported by investments in technology and new product offerings [22][63] - Management remains optimistic about the overall economic conditions and the potential for growth in 2026 [77] Other Important Information - The Hartford's catastrophe exposure is actively managed through disciplined underwriting and a robust reinsurance program [21][22] - The company plans to increase quarterly share repurchases to $450 million, subject to market conditions [25] Q&A Session Summary Question: How long can favorable renewal premium changes in small business be sustained? - Management believes the small business segment can continue to grow at healthy levels due to strong market differentiation and agent relationships [30][32] Question: What is the outlook for the Prevail platform? - The Prevail platform is expected to grow significantly, with plans to expand into 30 states by early 2027, enhancing market competitiveness [35][38] Question: What is the rationale behind the increase in dividends versus share buybacks? - The increase in dividends is balanced with share buyback levels to maintain flexibility and support long-term capital strategies [41][42] Question: How does the company view the impact of AI on the workforce? - Management sees potential for increased startup activity and small business formation, positioning The Hartford as a net winner in the evolving landscape [81] Question: What is the expected impact of Winter Storm Fern? - Management considers it a manageable event with minimal impact on claims activity compared to previous storms [84][86]

Olin (NYSE:OLN) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Company ParticipantsAleksey Yefremov - Managing DirectorDavid Begleiter - Managing DirectorFrank Mitsch - Managing DirectorJohn Roberts - Managing DirectorKen Lane - President and CEOKevin McCarthy - PartnerSteve Keenan - Head of Investor RelationsTodd Slater - CFOConference Call ParticipantsArun Viswanathan - Senior Equity AnalystHassan Ahmed - Senior Equity AnalystPatrick Cunningham - Senior AnalystPeter Osterland - Equity Research Analyst ...

Deutsche Bank (NYSE:DB) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Company ParticipantsCorinne Cunningham - Partner of Credit ResearchJames von Moltke - CFOLee Street - Vice President and Distressed Debt Trading StrategistPhilip Teuchner - Head of Investor RelationsRaja Akram - CFO DesignateRichard Stewart - Group TreasurerRobert Smalley - Managing DirectorOperatorLadies and gentlemen, welcome to the Q4 2025 Fixed Income Conference Call and Live Webcast. I'm Moritz, the call operator. I would like t ...

Financial Data and Key Metrics Changes - The company reported a total of 7,956,116 ordinary shares issued and outstanding as of December 8, 2025, with 7,956,116 shares represented at the meeting, indicating a quorum of 45.73% of the outstanding shares [6][7]. Business Line Data and Key Metrics Changes - No specific data on business lines or key metrics changes were provided in the meeting records. Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed during the meeting. Company Strategy and Development Direction and Industry Competition - The company proposed a dual class structure for its shares, which includes Class A Ordinary Shares with one vote each and Class B Ordinary Shares with 25 votes each, indicating a strategic move to consolidate control [3]. 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. Other Important Information - The meeting included the approval of several resolutions, including the adoption of a new Memorandum of Association, a share capital reorganization proposal, and the appointment of independent auditors for the fiscal year ending December 31, 2025 [2][4][5]. Q&A Session All Questions and Answers Question: Were there any questions submitted during the meeting? - No questions were submitted during the meeting, and the session proceeded directly to voting [9][10].