ArcBest (NasdaqGS:ARCB) Q4 2025 Earnings call January 30, 2026 09:30 AM ET Speaker6Good morning, and thank you for standing by. Welcome to the ArcBest Fourth Quarter 2025 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. As a reminder, this call is being recorded. I will now turn it over to Amy Mendenhall, Vice President, Treasury, and Investor Relations. Please go ahead.Speaker0Good morning. I'm here ...

Invesco Mortgage Capital (NYSE:IVR) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Company ParticipantsBrian Norris - CIOGreg Seals - Head of Investor RelationsJason Stewart - Md & Head of Specialty Finance & Real Estate ResearchJason Weaver - Md & Head of Specialty Finance & Real Estate ResearchJohn Anzalone - CEOConference Call ParticipantsDouglas Harter - Director & Senior Equity Research AnalystEric Hagen - Md & Mortgage & Specialty Finance AnalystTrevor Cranston - Director & Senior Equity Research ...

Hilltop (NYSE:HTH) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Company ParticipantsJeremy B. Ford - CEOMatt Dunn - Head of Investor RelationsMichael Rose - Managing Director of Equity ResearchWilliam B. Furr - CFOConference Call ParticipantsMatt Olney - AnalystWoody Lay - Managing Director and Research AnalystOperatorGood morning, ladies and gentlemen, and welcome to the Hilltop Holdings fourth quarter 2025 earnings conference call and webcast. At this time, all lines are in listen-only mode. Followi ...

Financial Data and Key Metrics Changes - The annual meeting confirmed that all 10 director nominees were elected, and the compensation for named executive officers was approved, indicating shareholder support for management [7] - KPMG was ratified as the independent registered public accounting firm for fiscal 2026, reflecting confidence in the company's financial oversight [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 [3] - The upcoming first quarter earnings call is scheduled for February 5, 2026, indicating a commitment to transparency and regular communication with shareholders [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 were no questions submitted by shareholders [5][10] Other Important Information - The meeting was conducted virtually to enhance shareholder participation and reduce costs [3] - The results of the voting will be reported in a Form 8-K, ensuring compliance with regulatory requirements [8] Q&A Session Summary Question: Were there any questions submitted by shareholders? - No questions were submitted in advance relating to the items of business being voted on at the meeting [5] - Management invited shareholders to reach out to the Investor Relations team for any additional questions after the meeting [9]

Financial Data and Key Metrics Changes - The Hartford reported Core Earnings of $3.8 billion for 2025, with a Core Earnings ROE of 19.4% [5][16] - Core earnings for Q4 2025 were $1.1 billion, or $4.06 per diluted share [16] - The business insurance segment achieved written premium growth of 7% with an underlying combined ratio of 88.1 [16] - The overall expense ratio for business insurance increased to 31.8, up 1 point from the prior year [17] Business Line Data and Key Metrics Changes - Business insurance delivered robust top-line growth of 8%, with small business written premium of $6 billion and an underlying combined ratio of 88.9 [4][9] - Personal insurance core earnings were $214 million, with an underlying combined ratio of 84.3, reflecting a 5.9 point improvement [18] - Employee benefits reported a Core Earnings margin of 7.6%, driven by strong group life and disability performance [22] Market Data and Key Metrics Changes - Business insurance renewal written pricing, excluding workers' compensation, was 6.1% for the quarter [10] - The property pricing continued to moderate, while casualty lines remained firm and above loss trend [11] - The investment portfolio generated net investment income of $832 million, a 17% increase from Q4 2024 [24] Company Strategy and Development Direction - The Hartford is focused on innovation and technology, with investments in AI to enhance underwriting and claims processes [7][8] - The company aims to sustain industry-leading ROEs through disciplined underwriting and risk selection, particularly in the SME segment [11][15] - The strategy includes expanding market share in personal insurance and employee benefits while maintaining profitability [13][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to sustain favorable renewal premium changes in small business due to strong market positioning and relationships with agents [30][32] - The company anticipates continued growth in the employee benefits segment, supported by investments in technology and new product offerings [22][63] - Management remains optimistic about the overall economic conditions and the potential for growth in 2026 [77] Other Important Information - The Hartford's catastrophe exposure is actively managed through disciplined underwriting and a robust reinsurance program [21][22] - The company plans to increase quarterly share repurchases to $450 million, subject to market conditions [25] Q&A Session Summary Question: How long can favorable renewal premium changes in small business be sustained? - Management believes the small business segment can continue to grow at healthy levels due to strong market differentiation and agent relationships [30][32] Question: What is the outlook for the Prevail platform? - The Prevail platform is expected to grow significantly, with plans to expand into 30 states by early 2027, enhancing market competitiveness [35][38] Question: What is the rationale behind the increase in dividends versus share buybacks? - The increase in dividends is balanced with share buyback levels to maintain flexibility and support long-term capital strategies [41][42] Question: How does the company view the impact of AI on the workforce? - Management sees potential for increased startup activity and small business formation, positioning The Hartford as a net winner in the evolving landscape [81] Question: What is the expected impact of Winter Storm Fern? - Management considers it a manageable event with minimal impact on claims activity compared to previous storms [84][86]

Olin (NYSE:OLN) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Company ParticipantsAleksey Yefremov - Managing DirectorDavid Begleiter - Managing DirectorFrank Mitsch - Managing DirectorJohn Roberts - Managing DirectorKen Lane - President and CEOKevin McCarthy - PartnerSteve Keenan - Head of Investor RelationsTodd Slater - CFOConference Call ParticipantsArun Viswanathan - Senior Equity AnalystHassan Ahmed - Senior Equity AnalystPatrick Cunningham - Senior AnalystPeter Osterland - Equity Research Analyst ...

Financial Data and Key Metrics Changes - The company reported a total of 7,956,116 ordinary shares issued and outstanding as of December 8, 2025, with 7,956,116 shares represented at the meeting, indicating a quorum of 45.73% of the outstanding shares [6][7]. Business Line Data and Key Metrics Changes - No specific data on business lines or key metrics changes were provided in the meeting records. Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed during the meeting. Company Strategy and Development Direction and Industry Competition - The company proposed a dual class structure for its shares, which includes Class A Ordinary Shares with one vote each and Class B Ordinary Shares with 25 votes each, indicating a strategic move to consolidate control [3]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting. Other Important Information - The meeting included the approval of several resolutions, including the adoption of a new Memorandum of Association, a share capital reorganization proposal, and the appointment of independent auditors for the fiscal year ending December 31, 2025 [2][4][5]. Q&A Session All Questions and Answers Question: Were there any questions submitted during the meeting? - No questions were submitted during the meeting, and the session proceeded directly to voting [9][10].

Deutsche Bank (NYSE:DB) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Company ParticipantsCorinne Cunningham - Partner of Credit ResearchJames von Moltke - CFOLee Street - Vice President and Distressed Debt Trading StrategistPhilip Teuchner - Head of Investor RelationsRaja Akram - CFO DesignateRichard Stewart - Group TreasurerRobert Smalley - Managing DirectorOperatorLadies and gentlemen, welcome to the Q4 2025 Fixed Income Conference Call and Live Webcast. I'm Moritz, the call operator. I would like t ...

Financial Data and Key Metrics Changes - Financial conditions improved during the quarter, supported by two Federal Reserve rate cuts, solid corporate earnings, and strong economic growth [4] - Book value per common share increased by 3.7% to $8.72, resulting in an 8% economic return for the quarter [7] - The liquidity position remained robust with $453 million in unrestricted cash and unencumbered assets [8] Business Line Data and Key Metrics Changes - The agency mortgage portfolio was valued at $5.4 billion, while the agency CMBS portfolio was $900 million [8] - Agency RMBS investments increased by 11% quarter over quarter, focusing on 5% and 5.5% coupons [18] - The agency CMBS allocation declined modestly due to growth in the overall portfolio, despite no new purchases [21] Market Data and Key Metrics Changes - Interest rates were generally stable, with the 10-year Treasury yield ending the year at 4.17%, 40 basis points lower than the start of the year [10] - The yield curve steepened, benefiting longer-term investments such as agency RMBS and agency CMBS [11] - Agency mortgages delivered strong performance, driven by reduced interest rate volatility and robust demand from money managers [13] Company Strategy and Development Direction - The company remains positive on agency mortgages, anticipating favorable conditions due to lower interest rate volatility and expectations for broadening demand [9] - The strategy includes a focus on specified pools with lower loan balances to enhance predictability of cash flows [19] - The company plans to selectively access the ATM for capital raising when conditions are favorable [42] Management's Comments on Operating Environment and Future Outlook - Management noted that the economic environment is supportive, with expectations for additional Federal Reserve rate cuts through 2026 [6] - The company views near-term risks as balanced, with a positive outlook for agency mortgages due to favorable supply and demand technicals [26] - Management highlighted that the current environment reflects a more normalized investment landscape, providing attractive levered returns [25] Other Important Information - The Federal Reserve ended its quantitative tightening program, which alleviated funding pressures and improved repo spreads [12] - The company reported a 4.5% increase in book value since year-end through the week of the call [25] Q&A Session Summary Question: Can you talk about your approach to leverage levels post the tightening and where you find value within the coupon stack? - Management indicated that leverage was modestly increased in Q4, reflecting a positive environment, and they are comfortable with current levels despite tighter spreads [30] Question: Have you seen any surprises in prepayment reports within the specified pool portfolio? - Management noted no significant surprises, with prepayment speeds in higher coupons increasing but less impacted due to prepayment protection [33] Question: Have you continued rotating down in coupon with new capital invested? - Management confirmed a focus on lower coupons, particularly in the 3.5-5.5 range, due to attractive conditions in the TBA dollar roll market [36] Question: Can you discuss your capital structure and ability to raise capital going forward? - Management expressed confidence in their capital structure, indicating selective access to the ATM when beneficial to shareholders [42] Question: How should we think about book value sensitivity and overall upside to further spread tightening? - Management stated that while the magnitude of change in book value to spread changes remains the same, expectations for further spread tightening are reduced [56]

BayFirst Financial (NasdaqCM:BAFN) Q4 2025 Earnings call January 30, 2026 09:00 AM ET Company ParticipantsJulienne Cassarino - FounderRobin Oliver - President and COORoss Haberman - Money ManagerScott McKim - EVP and CFOThomas Zernick - CEOOperatorGood morning, ladies and gentlemen, and welcome to the BayFirst Financial Corp Q4 2025 conference call and webcast. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during ...