Financial Data and Key Metrics Changes - The company reported adjusted net income of $30 million or $0.06 per diluted share in Q4 2025, compared to a net loss of $0.07 per diluted share in the previous quarter [4] - Pre-Provision Net Revenue increased by $45 million, with positive Operating Leverage of approximately 900 basis points [5] - The CET1 capital ratio increased by almost 400 basis points to 12.83%, ranking among the highest capitalized regional banks [7][12] Business Line Data and Key Metrics Changes - Net C&I loan growth was up 2% on a linked quarter basis, or about 9% on an analyzed basis [5] - The company reduced overall CRE exposure by $2.3 billion, resulting in a CRE concentration ratio now falling below 400 [5] - C&I lending commitments increased by 28% to $3 billion, while originations increased by 22% to $2.1 billion [8] Market Data and Key Metrics Changes - Total CRE balances declined by $12.1 billion or 25% since year-end 2023, aiding the strategy to diversify the loan portfolio [18] - The multifamily portfolio declined 13% or $4.3 billion year-over-year, with a reserve coverage of 1.83% [18] - Approximately 53% of the $9.2 billion New York City multifamily loans are pass-rated, while 47% are criticized or classified [20] Company Strategy and Development Direction - The company aims to transform into one of the best-performing regional banks with a diversified balance sheet and revenue streams [4] - Focus on further improving the credit profile by managing CRE exposure and diversifying the loan portfolio through growth in non-CRE loans [6] - Plans to generate deposit growth across various business lines while maintaining discipline on pricing [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued profitability in 2026, driven by growth in net interest income and margin expansion [6] - The company is optimistic about the trajectory of adjusted EPS, forecasting it to be in the $0.65-$0.70 range for 2026 [13] - Management highlighted the importance of proactive management of credit quality and the potential for further capital deployment [46] Other Important Information - The company reduced brokered deposits by almost $8 billion during the year [7] - The company expects to close the sale of properties related to a bankruptcy case before the end of Q1 2026 [72] - The company has a strong liquidity position, with cash and securities increasing to 25% of total assets [7] Q&A Session Summary Question: Drivers behind the lowered NII guidance - Management indicated that higher payoff activity, particularly in multifamily and CRE loans, was the primary driver for the lowered NII guidance [29][30] Question: Confidence in funding for loan growth - Management expressed confidence in core deposit growth, leveraging C&I relationships and private client banking to drive deposits [40][43] Question: Excess capital deployment prospects - Management noted that the board will consider how to deploy excess capital, including potential stock buybacks, depending on balance sheet growth and credit quality improvements [46] Question: Updates on the New York multifamily portfolio - Management is actively monitoring the portfolio and has not seen a decline in liquidity, despite potential rent freezes [64][67] Question: Update on the borrower in bankruptcy - Management confirmed that the auction process for the bankruptcy case was completed and expected to close soon, with no additional charge-offs anticipated [72][75]

Air Products and Chemicals (NYSE:APD) Q1 2026 Earnings call January 30, 2026 08:00 AM ET Speaker15Good morning, and welcome to Air Products' first quarter earnings release conference call. Today's call is being recorded at the request of Air Products. Please note that this presentation and the comments made on behalf of Air Products are subject to copyright by Air Products and all rights are reserved. Beginning today's call is Meghan Britt.Speaker12Hello, and welcome to the first quarter fiscal 2026 earning ...

Financial Data and Key Metrics Changes - The Bancorp reported earnings of $1.28 per share for Q4 2025, reflecting an 11% year-over-year growth in EPS [4] - GDV (Gross Deposit Volume) increased by 16% in Q4 compared to the prior year, with a total annual growth of 17% in 2025 [4][5] - Revenue growth for the quarter was 3% year-over-year, excluding credit enhancement income [4] Business Line Data and Key Metrics Changes - Credit sponsorship balances reached $1.1 billion, up 40% from Q3 and 142% year-over-year [5] - Consumer fintech loans increased by $644 million, now constituting 15% of the total loan portfolio, which grew to $7.26 billion [8] - Non-interest income, excluding credit enhancement, accounted for over 30% of revenue in the quarter, with approximately 90% of fees coming from the fintech business [9] Market Data and Key Metrics Changes - Average deposits in Q4 were $7.6 billion, with an average cost of 177 basis points [9] - Criticized assets decreased from $268 million to $194 million, a 28% decline quarter-over-quarter [6] - Delinquency rates improved from 2.19% to 1.6% of loans from Q3 to Q4 [6] Company Strategy and Development Direction - The Bancorp is focused on three main fintech initiatives aimed at creating significant shareholder value, including credit sponsorship, embedded finance platform development, and new program implementations [5] - The company is targeting a 2026 EPS guidance of $5.90, with a preliminary 2027 guidance of $8.25, which includes stock buybacks [12] - The strategy emphasizes optimizing funding costs and increasing revenue through off-balance sheet deposits and fintech partnerships [22][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the EPS targets for 2026 and 2027, citing strong tax season expectations and ongoing fintech initiatives [20][21] - The impact of the government shutdown on GDV was noted, but management does not foresee it affecting Q1 2026 significantly [20] - The company is optimistic about the growth of credit sponsorship and the overall fintech business, expecting substantial improvements in financial metrics [5][9] Other Important Information - Non-interest expense for Q4 was $56.2 million, which included $2 million from a legal settlement [10] - The Bancorp repurchased $150 million of its stock in Q4, totaling $375 million for the year [11] Q&A Session Summary Question: Can you provide more details on the EPS ramp and revenue drivers? - Management highlighted large revenue opportunities and confidence in upcoming announcements regarding credit sponsorship and the embedded finance platform [15][16] Question: What were the primary drivers affecting Q4 results? - Key drivers included legal fees, the unexpected duration of the government shutdown, and the timing of credit sponsorship growth [18][19] Question: What is the plan for off-balance sheet deposits? - The company expects to continue generating deposit growth while optimizing the mix of on and off-balance sheet deposits to enhance earnings [22][39] Question: Can you discuss the refinancing of REBL loans? - Some refinancings were with new partners, and the existing properties are in stronger positions than when originated, with lower interest rates due to the current environment [29] Question: How does the company view the threat of fintechs obtaining bank charters? - Management believes many partners will not seek licenses and emphasizes the scalability and low-cost benefits of their platform [36][38]

Verizon (NYSE:VZ) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Speaker6Good morning, and welcome to Verizon's fourth quarter 2025 earnings conference call. At this time, all participants have been placed in a listen-only mode, and the call will be open for questions following the presentation. Today's conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the call over to Mr. Brady Connor, Senior Vice President, Investor Relations.Speaker1Th ...

Autoliv (NYSE:ALV) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Speaker9Good day, and thank you for standing by. Welcome to the Autoliv fourth quarter 2025 financial results 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 you ...

SoFi Technologies (NasdaqGS:SOFI) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Speaker5Good morning or good afternoon, all. My name is Adam, and I'll be your conference operator today. At this time, I would like to welcome everyone to the SoFi Technologies fourth quarter and full year 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during this tim ...

Eastman Chemical Company (NYSE:EMN) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Speaker10Good day, everyone, and welcome to the fourth quarter and full year 2025 Eastman Conference Call. Today's conference is being recorded. This call is being broadcast live on the Eastman website at www.eastman.com. I will now turn the call over to Mr. Greg Riddle, Eastman Investor Relations. Please go ahead, sir.Speaker3Thank you, Becky, and good morning, everyone, and thanks for joining us. On the call with me tod ...

Nomura (NYSE:NMR) Q3 2026 Earnings call January 30, 2026 04:30 AM ET Company ParticipantsHiroyuki Moriuchi - CFOKentaro Okuda - President and CEOConference Call ParticipantsKazuki Watanabe - Senior Equity AnalystKoki Sato - Equity Research AnalystMasao Muraki - Senior AnalystNatsumu Tsujino - Managing Director of Global Research and Senior Equity AnalystNone - AnalystOperatorGood day, everyone, and welcome to today's Nomura Holdings third quarter operating results for fiscal year ending March 2026 conferenc ...

Nomura (NYSE:NMR) Q3 2026 Earnings call January 30, 2026 04:30 AM ET Company ParticipantsHiroyuki Moriuchi - CFOKentaro Okuda - President and CEOConference Call ParticipantsKazuki Watanabe - Senior Equity AnalystKoki Sato - Equity Research AnalystMasao Muraki - Senior AnalystNatsumu Tsujino - Managing Director of Global Research and Senior Equity AnalystNone - AnalystOperatorGood day, everyone, and welcome to today's Nomura Holdings Third Quarter Operating Results for Fiscal Year Ending March 2026 Conferenc ...

Nomura (NYSE:NMR) Q3 2026 Earnings call January 30, 2026 04:30 AM ET Speaker1Good day, everyone, and welcome to today's Nomura Holdings third quarter operating results for fiscal year ending March 2026 conference call. Please be reminded that today's conference call is being recorded at the request of the hosting company. Should you have any objections, you may disconnect at this point in time. During the presentation, all the telephone lines are placed for listen-only mode. The question and answer session ...