Equinox Gold (NYSEAM:EQX) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Speaker6Thank you for standing by. This is the conference operator, and welcome to the Equinox Gold fourth quarter and full year 2025 results and corporate update. As a reminder, all participants are in a listen-only mode, and the conference call is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star, then one on your telephone keypad. Should you nee ...

Financial Data and Key Metrics Changes - For Q4 2025, the company reported a GAAP net loss of $1.56 per share and a distributable loss of $0.71 per share, with distributable earnings prior to realized gains and losses at $0.02 per share [10] - The held for investment loan portfolio decreased to $3.7 billion at December 31, down from $4.3 billion at September 30 and $6.1 billion at year-end 2024 [10] - The total CECL reserve on loans receivable held for investment increased from $308 million, or 6.8% of UPB at September 30, to $443 million, or 10.9% of UPB at year-end [19] Business Line Data and Key Metrics Changes - Office exposure decreased from $859 million to $589 million, and land exposure decreased from $489 million to $187 million [11] - The company resolved 11 watch list loans, representing an aggregate UPB of $1.3 billion, exceeding the $2 billion resolution target for 2025 by achieving $2.5 billion in total resolutions [4][14] Market Data and Key Metrics Changes - The company observed encouraging indicators in the property market, including a reduction in new supply, tightening credit spreads, and improving financing costs for new originations [7] - Increased demand for industrial space and significant investments in areas such as artificial intelligence and domestic manufacturing were noted as positive trends for the real estate market [8] Company Strategy and Development Direction - The company aims to position itself to evaluate new lending opportunities towards the end of 2026 while focusing on asset management and resolving watch list loans [9] - The financing agreement with HPS extends the maturity of corporate debt to 2030, providing flexibility to execute the business plan [6][22] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic but cautious about the macroeconomic backdrop, anticipating a gradual improvement in the real estate market rather than an overnight recovery [6] - The company is focused on cleaning up its portfolio to enhance transparency and facilitate better market evaluation [27] Other Important Information - The company retired the Term Loan B, which had a balance of $718 million, and replaced it with a new $500 million senior secured loan from HPS [5][22] - The company generated significant liquidity, increasing its liquidity position to $153 million, despite significant deleveraging [24] Q&A Session Summary Question: Opportunities to create shareholder value outside of resolving the portfolio - Management emphasized the need to clean up the book for better market evaluation before exploring other value creation opportunities [27] Question: Expectations for net interest income (NII) in Q1 2026 - Management indicated that NII is likely to remain lower in the first and second quarters due to ongoing portfolio transitions and resolutions [29][30] Question: Percentage of reserves that could translate into losses over the next 12 months - Management stated that they believe they are appropriately reserved based on past resolutions and current market conditions, but acknowledged the dynamic nature of the environment [32][33] Question: Liquidity levels in 2026 - Management expressed confidence in their liquidity position, indicating a significant cushion over minimum requirements and plans for further deleveraging [45] Question: Changes in expectations for the pace of sales from the REO portfolio - Management noted a more constructive environment for resolving assets but cautioned that transaction volumes are still lower than anticipated [48]

Q4 2025 Supplemental Package Farmland Partners Inc. (NYSE: FPI) is an internally managed real estate company that owns and seeks to acquire high-quality farmland throughout North America addressing the global demand for food, feed, fiber and fuel. www.farmlandpartners.com | 4600 S Syracuse St Suite #1450 Denver CO 80237 | 720.452.3100 Selected Highlights For the year ended December 31, 2025, the Company: Subsequent to December 31, 2025, the Company: CEO Comments Table of Contents | Earnings Release | 1 | | ...

Fourth Quarter 2025 Earnings Supplement February 19, 2026 | TARGA RESOURCES CORP. Forward Looking Statements + Reduction in non-controlling interests attributable to Badlands transaction and acquisition of CBF minority interest Certain statements in this presentation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, include ...

Cullinan Therapeutics (NasdaqGS:CGEM) 2026 Conference February 19, 2026 10:00 AM ET Company ParticipantsJeffrey Jones - CMONadim Ahmed - President, CEO and DirectorSamantha Semenkow - VP of SMid Biotech Equity ResearchSamantha SemenkowGood morning, and thank you for joining our session of Citi's Virtual Oncology Leadership Summit. I'm Samantha Semenkow, one of the senior biotech analysts here at Citi, and it's my pleasure today to be hosting Cullinan Therapeutics CEO, Nadim Ahmed, and CMO, Jeff Jones. Nadim ...

Host Hotels & Resorts (NasdaqGS:HST) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Speaker6Good morning, and welcome to the Host Hotels and Resorts fourth quarter 2025 earnings conference call. Today's conference is being recorded. At this time, I would like to turn the call over to Jaime Marcus, Senior Vice President of Investor Relations. Thank you, and good morning, everyone. Before we begin, please note that many of the comments made today are considered to be forward-looking statements under fede ...

Safe Bulkers (NYSE:SB) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Speaker3Thank you for standing by, ladies and gentlemen, and welcome to Safe Bulkers conference call for the fourth quarter 2025 financial results. We have with us Mr. Polys Hajioannou, Chairman and Chief Executive Officer, Dr. Loukas Barmparis, President, and Mr. Konstantinos Adamopoulos, Chief Financial Officer of the company. At this time, all participants are in a listen-only mode. There will be a presentation followed by a quest ...

Teekay Group Fourth Quarter and Annual 2025 Earnings Presentation February 19, 2026 2025 Teekay Photo Contest Add. Master Shobit Bhatnagar Zenith Spirit Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All statements included in this release, other than statements of historical fact, are forward-looking statements. When use ...

Financial Results and Supplemental Information FOURTH QUARTER 2025 February 18, 2026 Seven Hills Realty Trust Announces Fourth Quarter 2025 Results "Seven Hills delivered a strong fourth quarter, reflecting the strength of our fully performing loan portfolio and the quality of our disciplined underwriting. We generated Distributable Earnings of $0.28 per share, fully covering our quarterly distribution, while investing $101.3 million in new loans during the quarter and an additional $30.5 million since year ...

Western Midstream Partners (NYSE:WES) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Speaker6Good morning. My name is Rebecca, and I will be your conference operator today. At this time, I would like to welcome everyone to the Western Midstream Partners fourth quarter 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 would like to ask a question during this time, simply pres ...