Financial Data and Key Metrics Changes - The company reported net income of $35.2 million, an increase of 17% year-over-year, and earnings per diluted share of $1.57, up 28% compared to the previous year [16] - Return on average assets was 1.87%, compared to 1.61% in the same quarter last year, while return on average tangible equity was 26.7%, up from 25.5% [16] - Deposits totaled $6.4 billion, a decrease of $170 million year-over-year, primarily due to an increase in custodial deposits [16][17] Business Line Data and Key Metrics Changes - Net interest income from commercial finance increased by $9.2 million due to higher balances and slightly higher yields [14] - Non-interest income showed solid results, particularly in core card and deposit fees, with growth attributed to new partners [15] - Loans and leases increased to $5 billion, driven by a $531 million increase in commercial finance loans, partially offset by a $148 million decrease in consumer finance loans [17] Market Data and Key Metrics Changes - Average deposits during the quarter were approximately $90 million higher than the previous year, with favorable deposit balances due to a strong holiday season [17] - The company originated $1.9 billion in loans during the quarter, with $678 million in commercial finance and $1.2 billion in consumer finance [17] Company Strategy and Development Direction - The company aims to optimize its balance sheet by rotating from securities to loans, increasing net interest income without growing overall asset size [9] - The focus is on generating fee income from balance sheet velocity and originating loans while maintaining a steady balance sheet [10] - The company is committed to enhancing the client experience through an evolved operating model that supports partner growth and scalability [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in revenue growth from new partnerships and the upcoming tax season, which is expected to drive more consumers into tax preparation offices [11][21] - The company anticipates that the changes in tax code for 2025 will positively impact consumer engagement [11] - Management remains optimistic about the pipeline of new partners and the normalization of pricing in the industry [44] Other Important Information - The company repurchased approximately 652,000 shares at an average price of $72.07, leaving 4.3 million shares available for repurchase [21] - The fiscal year 2026 guidance for earnings per share has been raised to a range of $8.55-$9.05, based on several assumptions including no additional rate cuts [21] Q&A Session Summary Question: What is the trajectory for adjusted NIM in Q2? - Management indicated that the adjusted NIM has shown an upward trajectory, with a starting point of 5.49% for Q2, assuming no rate cuts [25][26] Question: Can you quantify the recovery recorded within net charge-offs? - Management did not provide specific figures but mentioned that the details would be available in the earnings release [27] Question: How does the company view the threat of FinTechs obtaining their own bank charters? - Management believes that while there may be some competition, the scale and complexity of operations will limit the impact of new charters on their business [30][31] Question: What is the current partner pipeline and expectations for new announcements? - Management reported a full pipeline and expressed optimism about future partner announcements, indicating that the number of opportunities is increasing [44] Question: What factors will influence the updated guidance? - The timing of new partner contributions and the success of the tax season are key factors that could affect the guidance range [49][50]

Financial Data and Key Metrics Changes - 2025 was a record-breaking year for the company, achieving new full-year record levels in revenue, net interest income, fees, non-interest income, earnings per share, loans, and deposits [5] - End-of-period deposits grew by 6% year-over-year, with significant traction in both non-interest-bearing and time deposits [5] - End-of-period loans also increased by 6%, driven by growth in commercial and industrial (C&I) and residential mortgage lending [5] - Tangible book value per share grew by 17%, and the company generated a 17% return on tangible common equity [6] Business Line Data and Key Metrics Changes - Fee income grew by 12% in 2025, achieving record levels driven by strong performance in wealth management, derivatives, foreign exchange, deposit fees, and lending fees [11] - C&I loan growth in Q4 was primarily driven by new relationships, with expectations for continued strength in 2026 [9] - Residential mortgage lending also performed well, with a strong pipeline expected to contribute consistently to growth [9] Market Data and Key Metrics Changes - The company reported a fourth-quarter net interest income of $658 million, benefiting from short-term liability sensitivity and favorable deposit mix shifts [10] - The cost of deposits decreased by 23 basis points quarter-over-quarter, with a total reduction of 105 basis points since the start of the cutting cycle [10] Company Strategy and Development Direction - The company remains committed to disciplined capital management and delivering top-tier returns for shareholders through prudent growth and robust risk management [7] - A focus on deposit growth through dedicated business checking campaigns is planned to continue into 2026 [8] - The company aims to maintain a balanced growth strategy across multiple loan categories, including C&I, CRE, and residential mortgages [36] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic outlook for 2026, anticipating stronger loan growth compared to 2025 [20] - The company is focused on maintaining high performance relative to peers, regardless of economic conditions [22] - Management expects net interest income growth to be in the range of 5%-7% for 2026, driven by balance sheet growth [11] Other Important Information - The board declared a $0.20 increase to the quarterly dividend, raising it to $0.80 per share, a 33% increase [7] - The company’s regulatory capital ratios remain well above regulatory requirements, with a Common Equity Tier 1 capital ratio of 15.1% [16] Q&A Session Summary Question: Loan growth expectations for 2026 - Management acknowledged strong loan growth in Q4 but emphasized caution in projecting future growth due to potential economic volatility [21] Question: Areas of expense growth - The company is investing in technology, hiring for wealth management, commercial banking, and risk management, with a focus on supporting future growth [25][26] Question: Fee income growth trends - Management aims to continue double-digit growth in fee income, supported by investments in various business areas [33] Question: Commercial real estate (CRE) growth opportunities - Management expects to see increased activity in CRE lending, focusing on long-term relationships with experienced operators [34][36] Question: Capital management and buyback strategy - The company will continue to be opportunistic with buybacks, focusing on creating value for shareholders [100] Question: Credit charge-off guidance for 2026 - The increase in charge-off guidance reflects potential individual credit issues, despite overall strong credit metrics [46][48] Question: Net interest margin outlook - Management expects to offset declining rates with balance sheet growth, maintaining a focus on dollar net interest income [52] Question: Deposit costs and trends - The company has been disciplined in managing deposit costs and expects to maintain a beta exceeding 0.5 [45] Question: Blockchain and cryptocurrency integration - Management is monitoring developments in blockchain technology but sees it as still early for significant integration into their services [70]

Financial Data and Key Metrics Changes - The company reported a GAAP net income of $21.71 per share for the fourth quarter, with a core net income of $23.579 per share after excluding non-core items [10][11] - The core return on average assets (ROAA) was 1.16% for the fourth quarter, exceeding the stated goal of 1% [7][10] - Earnings per share (EPS) increased by 14% year-over-year, with a 20% improvement in the fourth quarter alone [8][10] - The tangible common equity ratio increased by 90 basis points, and consolidated CET1 capital rose by 50 basis points year-over-year [6] Business Line Data and Key Metrics Changes - Total loans held for investment increased by $168.4 million, or 11.1% annualized on a linked quarter basis, driven by improved demand and reduced paydowns [11] - Total deposits rose by $191.7 million, primarily due to a net increase in interest-bearing deposits [12] - The non-interest income for the fourth quarter was approximately $13.2 million, with swap fee revenue exceeding expectations [18][62] Market Data and Key Metrics Changes - Texas-based loans slightly declined from 39% of total loans, expected to decrease further to approximately 36% following the acquisition of Progressive Bank [12] - The company noted a balanced growth in loan production across different regions, particularly in Southwest and North Louisiana [27][66] Company Strategy and Development Direction - The company plans to focus on optimizing existing systems and deepening market presence rather than pursuing new major projects in 2026 [9][42] - There is an emphasis on sustainable ROAA, tangible book value accretion, and enhancing EPS through improved operational efficiency [9][44] - The company aims to deepen relationships with existing clients and enhance profitability before considering further M&A opportunities [43][45] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, indicating that 2026 could be even more fruitful following a pivotal 2025 [8][9] - The company is prepared to manage credit risks more effectively, learning from recent experiences with non-performing loans [30][33] - Management highlighted the importance of maintaining a balanced loan portfolio to mitigate concentration risks [33] Other Important Information - The company successfully completed two major core conversions and implemented new software platforms to enhance operational capabilities [4][5] - The acquisition of Progressive Bank is expected to contribute positively to the company's growth and operational efficiency [21] Q&A Session Summary Question: Insights on loan growth and outlook - Management noted that improved pipeline demand and reduced payoffs contributed to strong loan growth in the fourth quarter, with expectations of mid-single-digit growth for 2026 [24][25] Question: Details on non-performing loans - A significant commercial real estate loan in Houston was identified as non-performing, with management indicating it is one of the largest exposures [30][32] Question: Focus on daily execution versus M&A - Management clarified that the focus for 2026 will be on optimizing existing operations rather than pursuing new acquisitions, allowing for deeper relationship building with current clients [40][43] Question: Capital management and buyback strategy - The company plans to continue share buybacks opportunistically, with a focus on attractive pricing below $120 [46][48] Question: Opportunities for hiring in the current market - Management expressed readiness to hire selectively, focusing on acquiring the right talent to support growth without needing to hire aggressively [52][54]

Financial Data and Key Metrics Changes - The company reported earnings of $0.80 per share in Q4 and $2.77 per share for the full year, marking the strongest net income in its history [7][8] - Total loans grew by 1% quarter-over-quarter and 5% year-over-year, with C&I loans being a primary growth driver [7][8] - Net interest income (NII) reached a record $310 million in Q4, up 15% for the year, while the net interest margin (NIM) was above 3% for the year, 50 basis points higher than 2020 [8][10] Business Line Data and Key Metrics Changes - C&I loans grew by over $1.2 billion in 2025, with a 2% increase in Q4 alone [7][8] - Core customer deposits increased by nearly $700 million in Q4 and $1 billion for the year, representing a 3.5% growth rate year-over-year [8][20] - Non-interest income for Q4 was $79 million, down slightly from Q3 but up from the previous year, supported by growth in wealth management and card fees [25][26] Market Data and Key Metrics Changes - The company is expanding its presence in major metropolitan markets, including Omaha and the Twin Cities, where it aims to deepen its market share [6][14] - The acquisition of American National Corporation is expected to enhance growth prospects in these markets [5][6] Company Strategy and Development Direction - The company completed major investments from its strategic plan in March 2025, positioning it for growth in 2026 and beyond [3][4] - Plans for 2026 include significant investments in marketing and hiring to accelerate organic growth in key markets [16][17] - The focus remains on high-quality commercial relationships and maintaining a low-risk profile [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's momentum heading into 2026, citing strong organic growth and profitability [7][33] - The company anticipates continued loan growth of 5%-6% and core customer deposit growth of 5%-6% in 2026, excluding the impact of the American National acquisition [21][19] Other Important Information - The efficiency ratio improved, decreasing by over 700 basis points from 2020 to 2025, indicating better cost management [11] - The company maintained a strong capital position, with a TCE ratio of 8.29% and a CET1 ratio of 10.49% [28] Q&A Session Summary Question: Non-interest income guidance - Management indicated that they do not have updates on financials related to the American National acquisition but are optimistic about the strategic alignment of the franchises [36][38] Question: Investments in key cities for 2026 - Management confirmed a 3% expense growth target and emphasized the importance of maintaining a balance between investments and cost reductions [40][41] Question: Loan and deposit growth expectations - Management expects significant loan growth from new hires and a strong pipeline, with a forecast of $1.2 billion in C&I growth for 2026 [44][45] Question: Capital management and buybacks - The primary focus remains on organic growth, with capital reserved for business investments rather than buybacks at this time [75][78] Question: Credit quality concerns - Management reported no significant stress in portfolios currently, with positive signs in commercial real estate paydowns [79][80] Question: Deposit mix changes - Management anticipates a shift towards demand deposit accounts as they focus on acquiring more households and commercial relationships [92][93]

Capital One Financial (NYSE:COF) Q4 2025 Earnings call January 22, 2026 05:00 PM ET Company ParticipantsAndrew Young - CFOJeff Norris - Senior Vice President of FinanceRichard Fairbank - Chairman and CEOConference Call ParticipantsRichard Shane - AnalystJohn Hecht - AnalystMihir Bhatia - AnalystSanjay Sakhrani - AnalystJeff Adelson - AnalystErica Najarian - AnalystDon Fandetti - AnalystJohn Pancari - AnalystRobert Wildhack - AnalystSaul Martinez - AnalystTerry Ma - AnalystRyan Nash - AnalystMoshe Orenbuch - ...

East West Bancorp (NasdaqGS:EWBC) Q4 2025 Earnings call January 22, 2026 05:00 PM ET Company ParticipantsEbrahim Poonawala - Managing DirectorIrene Oh - Chief Risk OfficerAhmad Hasan - Equity Research AssociateDavid Smith - VP of Banks Equity ResearchChris O'Connell - DirectorDominic Ng - Chairman and CEOAdrienne Atkinson - Director of Investor RelationsChristopher Del Moral-Niles - CFOConference Call ParticipantsCasey Haire - Senior AnalystBernard Von Gizycki - Equity Research AnalystDave Rochester - Manag ...

Intel (NasdaqGS:INTC) Q4 2025 Earnings call January 22, 2026 05:00 PM ET Company ParticipantsJohn Pitzer - SVP of Investor RelationsLip-Bu Tan - CEODavid Zinsner - CFOConference Call ParticipantsVivek Arya - AnalystBen Reitzes - AnalystRoss Seymore - AnalystAaron Rakers - AnalystTim Arcuri - AnalystCJ Muse - AnalystStacy Rasgon - AnalystJoe Moore - AnalystHarlan Sur - AnalystOperatorWelcome to Intel Corp's Fourth Quarter 2025 Earnings Conference Call. At this time, all participants are in listen-only mode. ...

Alcoa (NYSE:AA) Q4 2025 Earnings call January 22, 2026 05:00 PM ET Company ParticipantsWilliam Oplinger - CEOLouis Langlois - SVP of Treasury and Capital MarketsMolly Beerman - EVP and CFOTimna Tanners - Managing OperatorConference Call ParticipantsLachlan Shaw - AnalystBill Peterson - AnalystGlyn Lawcock - AnalystCarlos De Alba - AnalystDaniel Major - AnalystJohn Tumazos - AnalystNick Giles - AnalystLawson Winder - AnalystKatja Jancic - AnalystOperatorGood afternoon, and welcome to the Alcoa Corporation Fo ...

Financial Data and Key Metrics Changes - In Q4 2025, operating pre-provision net revenue increased by 27% from Q3, while operating net income rose by 19% compared to the previous quarter [9] - Full year 2025 results showed a 22% increase in operating pre-provision net revenue and a 31% increase in operating net income compared to 2024 [9] - Earnings per share (EPS) for Q4 was $0.72, with operating EPS at $0.82, reflecting increases of 6% and 15% respectively from the prior year's fourth quarter [9][10] Business Line Data and Key Metrics Changes - New loan origination volume reached $1.4 billion in Q4, up 23% from the year-ago quarter, contributing to a 6% annualized increase in the commercial loan portfolio [19] - Non-interest income for Q4 was $90 million on a GAAP basis, with an operating basis of $88 million, marking a $16 million sequential quarter increase [11] - The commercial loan portfolio growth was offset by declines in transactional loan balances and construction loans [19] Market Data and Key Metrics Changes - Total deposits decreased to $54.2 billion as of December 31, down from $55.8 billion at the end of Q3, primarily due to intentional reductions in brokered and select public deposits [14] - The net interest margin for Q4 was 4.06%, up from 3.84% in Q3 and 3.64% in Q4 2024, driven by improved funding performance [10] Company Strategy and Development Direction - The acquisition of Pacific Premier Bank was highlighted as a strategic move to enhance the company's regional footprint and competitive position, particularly in Southern California [4] - The company plans to continue targeted de novo growth in 2026, funded by resources set aside from previous expense initiatives [5] - The focus remains on profitability over growth for its own sake, with an emphasis on optimizing performance and supporting existing customers [7][8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong credit profile, which remained stable throughout 2025, unaffected by external events impacting peers [7] - The expectation for net interest margin in Q1 2026 is between 3.90% and 3.95%, with a projected increase throughout the year as customer deposit balances rebound [16] - The company anticipates continued strong profitability and return on tangible common equity exceeding 17% as it moves into 2026 [18] Other Important Information - The company achieved $63 million in annualized deal-related cost savings from the acquisition, representing approximately 50% of the targeted $127 million [11] - The common dividend was increased to $0.37 per share from $0.36, and 3.7 million shares were repurchased at an average price of $27.07 [15] Q&A Session Summary Question: Insights on Pac Premier's integration and contributions - Management noted strong enthusiasm from Pac Premier employees and highlighted their ability to grow existing customer relationships and call on larger clients [30][33] Question: Clarification on loan portfolio decline - The decline was attributed to a combination of intentional runoff and elevated payoffs, with expectations of retaining 75% to 80% of transactional relationships [43][46] Question: Future loan sales opportunities - Management indicated that while there may be surgical opportunities for loan sales, significant bulk sales are not expected due to potential capital hits [74] Question: Deposit pricing outlook - The company is actively managing deposit pricing based on market conditions and competitor actions, with a focus on maintaining a competitive edge [75][78] Question: Capital allocation priorities - The company prioritizes capital for core lending, dividends, business investments, and share buybacks, with a programmatic approach to buybacks expected to continue [65][66]

Business First Bancshares (NasdaqGS:BFST) Q4 2025 Earnings call January 22, 2026 05:00 PM ET Company ParticipantsJude Melville - Chairman and CEOGreg Robertson - CFOMatt Sealy - Head of Investor RelationsConference Call ParticipantsChristopher Marinac - AnalystGary Tenner - AnalystMichael Rose - AnalystFeddie Strickland - AnalystOperatorLadies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this time, I would like to welcome everyone to the Busi ...