Atlantic Union Bankshares (NYSE:AUB) Q4 2025 Earnings call January 22, 2026 09:00 AM ET Company ParticipantsDavid Ring - Wholesale Banking ExecutiveBill Cimino - SVP of Investor RelationsShawn O'Brien - Senior Executive Vice President of Consumer Banking Group ExecutiveSteve Moss - Managing Director of Equity ResearchRob Gorman - CFOHannah Wynn - Equity Research AssociateJohn Asbury - CEOConference Call ParticipantsStephen Scouten - Managing Director and Senior Research AnalystJanet Lee - Director and U.S. ...

Financial Data and Key Metrics Changes - TrustCo Bank reported a net income of $15.6 million for Q4 2025, representing a 38% increase compared to Q4 2024, with a return on average assets of 0.97% and average equity of 8.99% [5][7] - The consolidated equity to assets ratio was 10.66% for Q4 2025, down from 10.84% in Q4 2024 [7] - Book value per share increased by 7.1% to $38.08 from $35.56 a year earlier [8] Business Line Data and Key Metrics Changes - Average loans grew by 2.5%, or $126.8 million, reaching an all-time high of $5.2 billion [9] - Home equity lines of credit increased by $54.1 million, or 13.5%, while residential real estate portfolio grew by $50.6 million, or 1.2% [9][10] - Average commercial loans increased by $24.5 million, or 8.6%, while installment loans decreased by $2.4 million, or 17.3% [10] Market Data and Key Metrics Changes - Total deposits reached $5.6 billion, up $166 million compared to the prior year quarter, indicating strong customer confidence [10] - The bank's net interest income was $43.7 million for Q4 2025, an increase of 12.4% compared to the prior year quarter [11] - The net interest margin improved to 2.82%, up 22 basis points from the prior year quarter [11] Company Strategy and Development Direction - The company emphasized building solid customer relationships and maintaining low cost of funds, which contributed to margin expansion [4] - TrustCo Bank is committed to returning value to shareholders through a disciplined share repurchase program, having repurchased 533,000 shares in Q4 2025 [8] - The bank's strategy includes a focus on relationship banking and competitive product offerings to support ongoing loan growth [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the bank's long-term strength and ability to manage credit risk effectively despite a modest increase in non-performing loans [9][18] - The bank remains well-positioned to deliver strong net interest income performance even with potential Federal Reserve rate changes [11] - Management is actively seeking new branch locations, particularly in Pasco County, Florida, to capture mortgage business as market dynamics shift [33] Other Important Information - Non-performing loans increased to $20.7 million, with a ratio of 0.39% of total loans, up from 0.37% a year ago [9][18] - Total non-interest expense for Q4 2025 was $26.5 million, down $1.5 million from the prior year quarter [12] Q&A Session Summary Question: Inquiry about asset quality and increase in New York commercial NPLs - Management indicated the increase was due to two relationships involving multi-family properties in Schenectady and Albany [23][24] Question: Clarification on collateral and guarantees for NPLs - Management confirmed that all loans in the portfolio are guaranteed, ensuring good collateral [25] Question: Inquiry about the increase in other expenses - Management explained that year-end expenses included funding for the TrustCo Foundation and other larger expenses [28] Question: Guidance for 2026 expenses - Management provided a range of expected recurring non-interest expenses for 2026, indicating no significant drivers for the increase [29][30] Question: Outlook on branch growth or declines - Management is actively looking for new locations in Pasco County, emphasizing the importance of entering at the right price [33]

Atlantic Union Bankshares (NYSE:AUB) Q4 2025 Earnings call January 22, 2026 09:00 AM ET Company ParticipantsSteve Moss - Managing DirectorBill Cimino - Senior VP of Investor RelationsDavid Bishop - DirectorDavid Ring - EVPStephen Scouten - Managing DirectorJanet Lee - DirectorRob Gorman - CFOHannah Wynn - Equity Research AssociateJohn Asbury - CEOOperatorToday, and thank you for standing by. Welcome to Atlantic Union Bankshares' fourth quarter 2025 earnings conference call. At this time, all participants ar ...

Texas Capital Bancshares (NasdaqGS:TCBI) Q4 2025 Earnings call January 22, 2026 09:00 AM ET Company ParticipantsWoody Lay - VPMichael Rose - Managing Director of Equity ResearchJocelyn Kukulka - Head of Investor RelationsRob Holmes - Chairman, President, and CEOJanet Lee - Director of U.S. Mid-Cap Banks Equity ResearchAnthony Elian - Equity Research BanksMatt Scurlock - CFOJackson Singleton - Equity Research AssociateJon Arfstrom - Managing Director and Associate Director of US ResearcConference Call Partic ...

FB Financial (NYSE:FBK) Q4 2025 Earnings call January 22, 2026 09:00 AM ET Company ParticipantsWill Jones - Associate VP of Equity ResearchMichael Mettee - COO and CFOChris Holmes - CEOAnya Pelshaw - Equity Research AssociateMike Orcutt - Head of Investor RelationsConference Call ParticipantsNone - AnalystRussell Gunther - Managing Director and Equity Research AnalystOperatorGood morning, everyone, and welcome to the FB Financial Fourth Quarter 2025 earnings call. Please note today's event is being recorded ...

Huntington Bancshares (NasdaqGS:HBAN) Q4 2025 Earnings call January 22, 2026 09:00 AM ET Company ParticipantsStephen Steinour - Chairman, President and CEOEric Wasserstrom - Head of Investor RelationsBrant Standridge - President of Consumer and Regional BankingZachary Wasserman - CFOConference Call ParticipantsChristopher McGratty - AnalystBrian Foran - AnalystDerek Gonda - AnalystJon Armstrong - AnalystManan Gosalia - AnalystEbrahim Poonawala - AnalystOperatorGreetings and welcome to the Huntington Bancsha ...

Northern Trust (NasdaqGS:NTRS) Q4 2025 Earnings call January 22, 2026 09:00 AM ET Company ParticipantsEbrahim Poonawala - Managing DirectorMichael O'Grady - Chairman and CEOGlenn Schorr - Senior Managing DirectorGerard Cassidy - Managing DirectorSteven Chubak - Managing DirectorDavid Smith - VP and Banks Equity ResearchDavid Fox - CFOBetsy Graseck - Global Head of Banks and Diversified Finance ResearchJennifer Childe - Director of Investor RelationsConference Call ParticipantsNone - AnalystMike Mayo - Resea ...

Financial Data and Key Metrics Changes - The company reported a record net income of $44 million and earnings per share of $0.95 for Q4 2025, both approximately three times higher than Q4 2024 [9] - Loan production reached $1.6 billion in Q4, contributing to a total of $6.2 billion for the year, marking a 17% annual loan balance growth [9][10] - Adjusted PP&R increased by 27% year-over-year, while adjusted EPS rose by 49% [6][11] Business Line Data and Key Metrics Changes - Business Checking balances doubled year-over-year to $377 million, significantly benefiting the interest expense line [10] - Live Oak Express contributed $12 million to gain on sales in 2025, a 100% increase from 2024 [16] - Approximately 70% of verticals saw increased production in 2025 compared to 2024, with both small business and commercial lending teams achieving double-digit growth rates [11] Market Data and Key Metrics Changes - Year-over-year customer deposit growth was 18%, despite a slight decline linked quarter due to typical Q4 seasonality [12][14] - The company’s total loan portfolio grew approximately 4% linked quarter, with a 17% increase year-over-year [12][14] Company Strategy and Development Direction - The company aims to maintain momentum in earnings outcomes that are consistent and sustainable over time, focusing on business checking and Live Oak Express as key growth initiatives [7][19] - The company is investing in technology and operational improvements to enhance customer service and efficiency, with a focus on becoming an AI-native bank [19][70] - The company is strategically moderating expense growth while supporting strong revenue growth, with an expected single-digit year-over-year growth rate in expenses [41][42] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth opportunities in 2026 and beyond, citing a stable or low-rate environment as favorable for growth, margin, and credit outlook [19] - The company is focused on deepening customer relationships and increasing fee revenue through its strategic initiatives [19] - Management noted that while credit trends have improved, the company remains vigilant about maintaining credit quality amid industry challenges [45] Other Important Information - The company experienced a slight increase in non-accrual loans to $110 million, primarily driven by SBA credits, but overall credit metrics remain stable [18][45] - The company’s capital levels are healthy, with Q4 results matching asset growth and keeping capital levels relatively flat linked quarter [18] Q&A Session Summary Question: Can you discuss the dynamics of NII and NIM for the first quarter? - Management indicated that NIM and NII may experience compression in the near term due to Fed cuts, but growth will help restore upward momentum [24][25] Question: What is the outlook for gain on sale income? - Management expects gain on sale income in Q1 to be more in line with historical levels, with a typical increase in the latter part of the quarter [28][30] Question: How do you view the trajectory of margins with the anticipated Fed cuts? - Management anticipates that stable environments will allow for NIM expansion throughout the year, driven by growth [37] Question: What is the expected growth rate for expenses moving forward? - Management expects expense growth to moderate to single digits year-over-year as they focus on strategic investments [41][42] Question: Can you provide insights on credit trends and non-accrual loans? - Management noted that while non-accrual loans increased, overall credit quality remains stable, and they expect some relief for borrowers in 2026 due to interest rate cuts [45][46] Question: What are the expectations for Live Oak Express in 2026? - Management expressed an aspirational goal of reaching $1 billion in production over time, with ongoing efforts to build capabilities and improve efficiency [58][60]

Live Oak Bancshares (NYSE:LOB) Q4 2025 Earnings call January 22, 2026 09:00 AM ET Company ParticipantsWilliam C. Losch III - PresidentWalter Phifer - CFOChip Mahan - ChaIrman and CEOGreg Seward - EVP and General CounselConference Call ParticipantsDavid Feaster - AnalystBilly Young - AnalystCrispin Love - AnalystDavid Rochester - AnalystTimothy Switzer - AnalystOperatorGood morning, ladies and gentlemen, and welcome to Live Oak Bancshares' fourth quarter 2025 earnings conference call. At this time, all lines ...

Financial Data and Key Metrics Changes - The company reported a 62% increase in net interest income compared to Q4 2024, driven by a 62 basis point expansion in net interest spread [3][4] - Net income and earnings per share more than doubled on an adjusted basis, with improved returns on average assets and tangible equity [3][4] - Unadjusted pre-provision net revenue decreased by 2% on a linked quarter basis, primarily due to higher expenses [12] Business Line Data and Key Metrics Changes - Non-interest income for the year increased, with significant growth coming from fees on loans and deposit products [12] - Quarterly expenses rose by 1.5% year-over-year and 5% on a linked quarter basis, attributed to lower loan volumes and elevated incentive accruals [12] Market Data and Key Metrics Changes - The acquisition of Presence Bank resulted in a 20% increase in the asset base and the addition of four branches in key regions [4] - The company is focused on integrating Presence Bank's operations and enhancing brand recognition across the new combined entity [6] Company Strategy and Development Direction - The company has established four strategic priorities for 2026, including the successful integration of Presence Bank, increasing operational efficiency through AI, strengthening the talent pool, and enhancing shareholder value [5][10] - The integration will involve unifying systems and practices, adopting best-in-class policies, and leveraging AI tools to improve customer experience [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's performance in 2025 and the potential for continued growth in 2026, supported by a larger asset base and expanded geographic coverage [16] - The focus remains on maintaining a strong financial position and actively growing assets through deposits and strategic M&A opportunities [10] Other Important Information - The company welcomed new executives and board members as part of its growth strategy following the acquisition [8][9] - Management emphasized the importance of community engagement and delivering financial solutions alongside an outstanding customer experience [8] Q&A Session Summary - No questions were raised during the Q&A session, and the call concluded with management expressing satisfaction with the company's accomplishments and optimism for the future [15][17]