Rocky Mountain Chocolate Factory (NasdaqGM:RMCF) Q3 2026 Earnings call January 14, 2026 09:00 AM ET Speaker0Good morning, ladies and gentlemen. Thank you for standing by. Welcome to today's conference call to discuss Rocky Mountain Chocolate Factory's financial results for the third quarter of 2026. At this time, all participants are in a listen-only mode. As a reminder, this conference is being recorded. Joining us on the call today is the company's Interim Chairman, Jeff Geygan, and CFO, Carrie Cass. Plea ...

United Community Banks (NYSE:UCB) Q4 2025 Earnings call January 14, 2026 09:00 AM ET Speaker8Good morning and welcome to United Community Banks' fourth quarter 2025 earnings call. Hosting our call today are Chairman and Chief Executive Officer Lynn Harton, Chief Financial Officer Jefferson Harrelson, President and Chief Banking Officer Rich Bradshaw, and Chief Risk Officer Rob Edwards. United's presentation today includes references to operating earnings, pre-tax, pre-credit earnings, and other non-GAAP fin ...

Bank of America (NYSE:BAC) Q4 2025 Earnings call January 14, 2026 08:30 AM ET Company ParticipantsLee McEntire - Head of Investor RelationsAlastair Borthwick - CFOGerard Cassidy - managing directorBrian Moynihan - CEOErika Najarian - senior equity research analyst and managing directorGlenn Schorr - senior managing director and a senior research analystChristopher McGratty - Bank Research and Managing DirectorMike Mayo - Managing DirectorKen Usdin - Managing DirectorConference Call ParticipantsSaul Martinez ...

Bank of America (NYSE:BAC) Q4 2025 Earnings call January 14, 2026 08:30 AM ET Company ParticipantsLee McEntire - Head of Investor RelationsAlastair Borthwick - CFOGerard Cassidy - managing directorBrian Moynihan - CEOErika Najarian - senior equity research analyst and managing directorGlenn Schorr - senior managing director and a senior research analystChristopher McGratty - Bank Research and Managing DirectorMike Mayo - Managing DirectorKen Usdin - Managing DirectorConference Call ParticipantsSaul Martinez ...

Financial Data and Key Metrics Changes - Bank of America reported net income of $7.6 billion for Q4 2025, up 12% from Q4 2024, with EPS increasing 18% to $0.98 per share [4] - Revenue grew by 7% year-over-year, reaching over $113 billion for the full year, with net interest income improving by 10% to $15.9 billion [5][6] - The company achieved 330 basis points of operating leverage in Q4 through disciplined expense management [4] Business Line Data and Key Metrics Changes - Consumer Banking generated $11.2 billion in revenue for Q4, up 5% year-over-year, and net income of $3.3 billion, up 17% [31] - Global Banking reported net income of $2.1 billion for Q4, down 3% year-over-year, but average deposits increased by $71 billion, or 13% [36] - Global Markets achieved a record year with $24 billion in revenue, up 10% year-over-year, and net income of $6.1 billion, up 8% [38] Market Data and Key Metrics Changes - Average loans grew by 8% year-over-year to $1.17 trillion, with commercial loans increasing by 12% [20] - Average deposits rose nearly 3% from Q4 2024, driven largely by commercial client activity [19] - Consumer investment balances reached nearly $600 billion, supported by strong client flows and market appreciation [32] Company Strategy and Development Direction - The company emphasized its commitment to responsible growth and diversified business model, focusing on investments in technology, brand, and digital networks [5] - Management highlighted the importance of maintaining operating leverage and disciplined expense management to drive shareholder returns [29] - The company aims for 5%-7% growth in net interest income for 2026, supported by loan and deposit growth [25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about consumer health and economic conditions, projecting GDP growth of 3.4% globally and 2.6% in the U.S. for 2026 [11] - The company noted improvements in credit quality and stable delinquency trends, indicating a positive outlook for loan growth [30] - Management acknowledged potential risks but remained constructive about the year ahead [11] Other Important Information - The company returned $8.4 billion in capital to shareholders in Q4, including $2.1 billion in dividends and $6.3 billion in share repurchases [17] - The effective tax rate for Q4 was 21%, with an expectation of approximately 20% for 2026 [40] Q&A Session Summary Question: Outlook on expense ratio and accounting changes - Management confirmed that the expense ratio guidance remains at 55%-59% despite accounting changes, emphasizing that prior periods were recast for comparability [44][48] Question: Update on technology spending and AI investments - Management indicated a 5%-7% increase in technology spending this year, with significant investments in AI expected to enhance operational efficiency [62][66] Question: Loan growth sustainability and drivers - Management projected mid-single-digit loan growth, driven primarily by commercial loans, with continued growth expected in consumer categories [72]

Infosys (NYSE:INFY) Q3 2026 Earnings call January 14, 2026 07:30 AM ET Company ParticipantsJayesh Sanghrajka - EVP and Group CFOJonathan Lee - Managing Director and Equity ResearchSandeep Shah - Director of Equity ResearchVibhor Singhal - Executive DirectorAnkur Rudra - Executive DirectorSandeep Mahindroo - Head of Investor RelationsSalil Parekh - CEO and Managing DirectorBryan Bergin - Managing Director and Equity ResearchConference Call ParticipantsAshwin Mehta - AnalystGaurav Rateria - AnalystKeith Bachm ...

Infosys (NYSE:INFY) Q3 2026 Earnings call January 14, 2026 07:30 AM ET Company ParticipantsJayesh Sanghrajka - EVP and Group CFOJonathan Lee - Managing Director and Equity ResearchSandeep Shah - Director of Equity ResearchVibhor Singhal - Executive DirectorAnkur Rudra - Executive DirectorSandeep Mahindroo - Head of Investor RelationsSalil Parekh - CEO and Managing DirectorBryan Bergin - Managing Director and Equity ResearchConference Call ParticipantsAshwin Mehta - AnalystGaurav Rateria - AnalystKeith Bachm ...

Infosys (NYSE:INFY) Q3 2026 Earnings call January 14, 2026 07:30 AM ET Speaker3Good day, and welcome to Infosys Limited Q3 FY26 earnings conference call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star, then zero on your touch-tone phone. Please note that this conference is being recorded, and I'll ...

Financial Data and Key Metrics Changes - Revenue grew 0.6% sequentially and 1.7% year-on-year in constant currency terms [2] - Adjusted operating margin was 21.2% [2] - Free cash flow generated was $915 million [2] - Revenue growth guidance for the financial year revised to 3%-3.5% in constant currency [4] Business Line Data and Key Metrics Changes - Large deals amounted to $4.8 billion, with 57% being net new across 26 deals [2] - Significant large deal with the National Health Service in the U.K. valued at $1.6 billion [2] - Strong momentum in AI adoption, with 90% of the largest 200 clients engaged in AI projects [3] Market Data and Key Metrics Changes - Positive outlook in financial services and energy sectors, with good demand observed [8][18] - Manufacturing and Europe showed significant growth, previously experiencing softness [53] Company Strategy and Development Direction - Focus on AI capabilities, with six emerging AI-led value pools identified [3] - Plans to share a comprehensive view of the company's approach at an upcoming Investor Day [4] - Continued investment in sales and marketing, with a focus on building capacity for future growth [10][11] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in market demand, leading to headcount increases [8] - Positive outlook for the next financial year based on strong execution and large deal pipeline [8][18] - Management noted that while some sectors are showing improvement, others remain under pressure [18] Other Important Information - Adjusted margins expanded by 20 basis points sequentially, despite challenges from labor codes [24] - Ongoing impact of labor codes expected to be approximately 15 basis points annually [80] Q&A Session Summary Question: Headcount increase amidst job cuts in peers - Management indicated that the headcount increase reflects confidence in market demand and is part of their strategy to build future capacity [8][10] Question: Guidance upgrade factors - The guidance upgrade is influenced by large deals and strong execution, particularly in financial services and energy sectors [8][18] Question: Sequential margin dip despite currency tailwinds - Management explained that margins were impacted by various factors, including higher variable pay and lower utilization due to training new hires [10][11] Question: AI adoption and pricing models - Management noted that AI adoption is strong across client bases, with evolving pricing models being tested [19][20] Question: M&A strategy and market trends - Management confirmed ongoing discussions for potential acquisitions, focusing on areas like cyber, consulting, and energy services [31] Question: Labor code impact on margins and appraisals - Management clarified that the impact of labor codes has been accounted for, with no immediate changes to appraisal processes [80]

Infosys (NYSE:INFY) Q3 2026 Earnings call January 14, 2026 06:00 AM ET Company ParticipantsJayesh Sanghrajka - CFORishi Jhunjhunwala - Head of Investor RelationsSalil Parekh - CEOConference Call ParticipantsMansee Dave - AnalystAvik Das - AnalystPadmini Dhruvaraj - AnalystUma Kannan - AnalystSanjana B - AnalystShristi Achar - AnalystRitu Singh - AnalystPoulomi Chatterjee - AnalystHaripriya Suresh - AnalystJas Bardia - AnalystChandra Srikanth - AnalystRishi JhunjhunwalaA very good evening, everyone, and wish ...