Financial Data and Key Metrics Changes - The company reported a net loss of $2.5 million in Q4 2025, an improvement from a net loss of $18.9 million in Q3 2025, which included a restructuring charge of $7.3 million and additional provision expense of $8.1 million [7] - Loans held for investment decreased by $34.8 million, or 3.5%, in Q4 2025, ending at $963.9 million, with a total annual decrease of $102.7 million, or 9.6% [7] - Deposits increased by $12.5 million, or 1.1%, in Q4 2025, totaling $1.18 billion, with a year-over-year increase of $40.7 million, or 3.6% [8] - Shareholders' equity at quarter end was $87.6 million, down $23.4 million from the end of 2024, and tangible book value decreased to $17.22 per share from $17.90 per share in Q3 2025 [9] Business Line Data and Key Metrics Changes - The bank's net interest margin remained stable at 3.58%, down 3 basis points from Q3 2025, with net interest income of $11.2 million in Q4 2025, a decrease of about $100,000 from Q3 2025 but an increase of $500,000 from the same quarter last year [9] - Treasury management revenues grew by 69% compared to Q4 2024, indicating strong performance in this business line [3] Market Data and Key Metrics Changes - The company reported that 85% of its deposits were insured by the FDIC as of December 31, 2025, providing a strong safety net for depositors [8] - The liquidity ratio was over 18% at year-end, supporting efforts to reduce high-cost deposits and improve the bank's cost of funds [5] Company Strategy and Development Direction - The company has exited the SBA 7(a) lending business and is focusing on becoming the premier community bank in the Tampa Bay area, emphasizing organic growth in deposits and community engagement [2][3] - The strategic plan for 2026 includes fortifying the balance sheet and maintaining a culture of disciplined risk management to drive sustainable revenue growth [21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in the legacy SBA 7(a) business but expressed confidence in the bank's ability to manage future risks and improve asset quality [4][19] - The focus on credit risk management is a priority, with efforts to reduce non-performing and classified loans expected to improve in the coming quarters [19] Other Important Information - The provision for credit losses was $2 million in Q4 2025, significantly lower than $10.9 million in Q3 2025 and $4.5 million in Q4 2024 [12] - Non-interest income was negative $104,000 in Q4 2025, an improvement from the previous quarter but a decrease from $22.3 million in Q4 2024, primarily due to reduced gains from the sale of SBA loans [10] Q&A Session Summary Question: What is the specific allowance against the $171 million of unguaranteed government loans, and what's been the recent default experience? - The company indicated that approximately 13% of the $171.6 million in unguaranteed balances is covered by the allowance for credit losses, with a default rate lower than that [25] Question: What was the peak of the unguaranteed portion before the loan sale? - The unguaranteed portion was about $50.5 million higher at the end of Q3 2025 [28] Question: Can you discuss the growth in deposits and the reduction in deposit costs? - The growth in deposits is attributed to strong relationships with customers and effective management of deposit costs, with a reduction of nearly 13 basis points sequentially [35][36]

Financial Data and Key Metrics Changes - The annual meeting confirmed the election of all 10 director nominees and approved the compensation for named executive officers, indicating a stable governance structure [7] - KPMG was ratified as the independent registered public accounting firm for fiscal 2026, reflecting continuity in external auditing [7] Business Line Data and Key Metrics Changes - No specific financial data or metrics related to individual business lines were discussed during the meeting [3][4] Market Data and Key Metrics Changes - There were no specific market data or metrics changes mentioned in the meeting [3][4] Company Strategy and Development Direction - The company is focused on maintaining shareholder engagement through virtual meetings, which allows for broader participation and cost savings [2] - The upcoming first quarter earnings call is scheduled for February 5, 2026, indicating a commitment to regular financial updates [3][10] Management Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting, as there was no management presentation [3][4] Other Important Information - The meeting was conducted virtually to enhance shareholder participation and reduce costs [2] - The results of the voting will be reported in a Form 8-K, ensuring transparency in the decision-making process [8] Q&A Session Summary - No questions were submitted by shareholders regarding the items of business for this meeting, and the management concluded the discussion without addressing any inquiries [5][10]

Financial Data and Key Metrics Changes - The meeting discussed the approval of various resolutions, including the adoption of a new Memorandum of Association and a dual class share structure, which will affect voting rights [2][3][4] Business Line Data and Key Metrics Changes - No specific financial data or business line metrics were provided in the meeting records Market Data and Key Metrics Changes - No specific market data or metrics were discussed in the meeting records Company Strategy and Development Direction and Industry Competition - The company is implementing a dual class share structure to enhance governance and control, which may impact its strategic direction [3] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting Other Important Information - The meeting confirmed the appointment of Enrobe LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025 [4] Summary of Q&A Session - There were no questions submitted during the Q&A session, and the meeting proceeded directly to voting [9][10]

Brookfield Renewable Partners (NYSE:BEP) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Speaker1Good day, and thank you for standing by. Welcome to the Brookfield Renewable Partners' fourth quarter and full year 2025 results. 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'll need to press star one one on your telephone. You will then hear an automated message advising your ...

Financial Data and Key Metrics Changes - Hilltop reported net income of approximately $42 million or $0.69 per diluted share for Q4 2025, with a return on average assets of 1.1% and return on average equity of 7.6% [6] - For the full year 2025, consolidated income attributable to common stockholders was $165.6 million, equating to $2.64 per diluted share, representing a growth of 46% [13] - Net interest income grew by 7% year-over-year, while non-interest income increased by 11%, contributing to a 26% improvement in diluted EPS [12] Business Line Data and Key Metrics Changes - PlainsCapital Bank saw an expansion in net interest margin, with a pre-tax income of $43.5 million and a return on average assets of 1.05% [6] - PrimeLending reported a pre-tax loss of $5 million in Q4 2025, despite a seasonally healthy origination volume of $2.4 billion [8] - Hilltop Securities generated pre-tax income of $26 million on net revenues of $138 million, achieving a pre-tax margin of 18% [10] Market Data and Key Metrics Changes - The average total deposits for Q4 2025 were approximately $10.7 billion, declining by $233 million compared to Q4 2024 [18] - Mortgage-related income and fees increased by $2.5 million year-over-year, driven by improvements in lock and originated volumes [20] - Public Finance, Wealth Management, and Structured Finance business lines within Hilltop Securities all generated higher fee income compared to the prior year [21] Company Strategy and Development Direction - Hilltop aims to be a full solution provider to clients, focusing on executing strategic initiatives [11] - The company is actively evaluating acquisition opportunities while also focusing on organic growth [44] - Management expressed optimism about the performance of Public Finance and Wealth Management, expecting continued improvement in these areas [32] Management's Comments on Operating Environment and Future Outlook - Management noted uncertainty in the market regarding interest rates, inflation, and overall economic health, but remains optimistic about the company's positioning for long-term success [14][27] - The company expects full-year average bank loan growth of 4%-6% for 2026, excluding the impact of loans retained from PrimeLending [25] - Management anticipates that interest-bearing deposit costs will decrease somewhat over the coming quarters [19] Other Important Information - Hilltop returned $229 million to stockholders through share repurchases and common dividends in 2025 [5] - The allowance for credit losses decreased by $3.6 million to $91.5 million during the quarter [14] Q&A Session Summary Question: Expectations for broker-dealer fees and pre-tax margin for 2026 - Management expressed confidence in the stability of broker-dealer fees and indicated that a pre-tax margin of 13.5% is a reasonable baseline for 2026 [31][36] Question: Sensitivity of NII and broker-dealer fees to Fed cuts - Management noted that every 25 basis points reduction in rates could impact NII by about $4.5 million annually, with broker fee income being more variable [38] Question: Capital priorities and M&A opportunities - Management highlighted the increase in dividends and the standard share repurchase authorization, while also evaluating acquisition opportunities in a competitive market [44][45] Question: Loan growth and pricing competition - The loan pipeline entering 2026 is approximately $2.6 billion, with management feeling optimistic about organic loan growth despite pricing competition [55] Question: Gain on sale margins expectations - Management expects total revenue from gain on sale margins and mortgage origination fees to remain stable, with a projected range of 350-360 basis points [57]

Deutsche Bank (NYSE:DB) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Speaker1Ladies and gentlemen, welcome to the Q4 2025 Fixed Income Conference Call and live webcast. I'm Moritz, the call operator. I would like to remind you that all participants will be in a listen-only mode, and the conference is being recorded. The presentation will be followed by a question and answer session. You can register for questions at any time by pressing star and one on your telephone. For operator assistance, please p ...

Olin (NYSE:OLN) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Speaker8Good morning, and welcome to the Olin Corporation's fourth quarter 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. Following today's brief opening comments, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touch-tone phone. To withdraw the questi ...

Financial Data and Key Metrics Changes - The company reported record earnings for 2025 at over $412 million, with diluted EPS hitting $6 per share, a 15% increase year-over-year [5][10] - The return on assets (ROA) for the full year improved to 1.54% from 1.38% in the previous year, while the return on tangible common equity (ROTC) increased to 14.51% from 14.41% [10] - The efficiency ratio improved to 50% for the year, down from 53.2% the previous year, indicating better cost management [14] Business Line Data and Key Metrics Changes - Net interest income increased by $7.3 million in the fourth quarter, representing a 12.2% annualized growth, while total non-interest expense decreased by $11.5 million in the quarter [11][14] - The core bank grew by approximately $8.7 million, although mortgage and premium finance segments experienced seasonal declines [11] - Adjusted non-interest income decreased by $10.5 million in the fourth quarter, primarily due to seasonal declines in the mortgage segment [14] Market Data and Key Metrics Changes - The company experienced a 6% growth in revenue for the year, while expenses declined by 1%, contributing to positive operating leverage [5] - Non-interest bearing deposits represented 29% of total deposits, indicating a strong funding base despite typical seasonality [9] - The company ended the year with total assets of $27.5 billion, reflecting a 4.8% growth in the balance sheet [15] Company Strategy and Development Direction - The company is focused on organic growth and enhancing shareholder value through capital returns and accretive growth strategies [4] - Management emphasized the importance of maintaining strong capital ratios, with Common equity Tier 1 at 13.2% and tangible common equity ratio at 11.4% [6] - The company aims to leverage its position in high-growth Southeastern markets to drive future growth [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about loan production and pipeline strength, indicating a positive outlook for 2026 [20] - The company anticipates some margin compression due to rising deposit costs but remains focused on maintaining profitability [12][30] - Management noted that asset quality trends remain strong, with low net charge-offs and non-performing assets [13] Other Important Information - The company repurchased $77 million of its stock during the year, representing 2% of the company, and announced an increased share repurchase program [6][11] - The company paid off all subordinated debt during 2025, simplifying its capital structure [6] Q&A Session Summary Question: Can you talk about future payoffs and loan growth visibility? - Management noted that elevated payoffs in the CRE portfolio were typical for the fourth quarter and expect moderation in the first half of the year [20] Question: How do you see rates affecting loan production and payoffs? - Management believes that changes in rates could accelerate opportunities for loan production rather than causing significant payoffs [22] Question: Can you provide guidance on margin expectations for the year? - Management indicated a potential margin decline of 5-10 basis points from current levels, depending on deposit costs [30] Question: What are your thoughts on deposit trends and NIB growth? - Management acknowledged seasonal fluctuations in deposits but remains optimistic about the growth of non-interest bearing accounts [46] Question: Can you discuss the drivers of net charge-off activity this quarter? - Management highlighted that charge-offs were consistent with previous quarters and remain below prior year levels [42]

Brookfield Renewable (NYSE:BEPC) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Speaker5Good day, and thank you for standing by. Welcome to the Brookfield Renewable Partners' fourth quarter and full year 2025 results. 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'll need to press star one one on your telephone. You will then hear an automated message advising your hand is ...

Federated Hermes (NYSE:FHI) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Speaker7Greetings. Welcome to the FHI Q4 2025 analyst call and webcast. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to your host, Ray Hanley, President ...