Financial Data and Key Metrics Changes - The annual meeting was held virtually, and a quorum was not present, preventing the company from conducting business or discussing financial data [3][4]. Business Line Data and Key Metrics Changes - No specific business line data or key metrics were discussed during the meeting due to the lack of quorum [3][4]. Market Data and Key Metrics Changes - There were no updates on market data or key metrics as the meeting was adjourned without conducting any business [3][4]. Company Strategy and Development Direction - The company did not present any strategic updates or development directions during the meeting due to the adjournment [3][4]. Management's Comments on Operating Environment and Future Outlook - Management did not provide comments on the operating environment or future outlook as the meeting was unable to proceed [3][4]. Other Important Information - The company will announce the date and manner of the reconvened annual meeting to allow stockholders to submit proxies and achieve a quorum [4]. Q&A Session All Questions and Answers - No questions or answers were recorded as the meeting was adjourned before any discussions could take place [3][4].

Eastern Bankshares (NasdaqGS:EBC) Q4 2025 Earnings call January 23, 2026 09:00 AM ET Company ParticipantsBob Rivers - Executive Chair and Chair of the Board of DirectorsDamon DelMonte - Managing DirectorDavid Rosato - CFODenis Sheahan - CEOFreddie Strickland - Director for Research DepartmentConference Call ParticipantsJanet Lee - Director and US Mid-Cap Bank AnalystLaurie Hunsicker - Senior AnalystNone - AnalystNone - AnalystNoneWelcome to the Eastern Bankshares, Inc. Q4 2025 Earnings Conference call. Curr ...

Eastern Bankshares (NasdaqGS:EBC) Q4 2025 Earnings call January 23, 2026 09:00 AM ET Company ParticipantsBob Rivers - Executive Chair and Chair of the Board of DirectorsDamon DelMonte - Managing DirectorDavid Rosato - CFODenis Sheahan - CEOFreddie Strickland - Director for Research DepartmentConference Call ParticipantsJanet Lee - Director and US Mid-Cap Bank AnalystLaurie Hunsicker - Senior AnalystNone - AnalystNone - AnalystNoneWelcome to the Eastern Bankshares, Inc. Q4 2025 Earnings Conference call. Curr ...

Financial Data and Key Metrics Changes - The annual meeting was held virtually, and a quorum was not present, preventing the company from conducting business or discussing financial data [3][4]. Business Line Data and Key Metrics Changes - No specific business line data or key metrics were discussed during the meeting due to the lack of quorum [3][4]. Market Data and Key Metrics Changes - There were no updates on market data or key metrics as the meeting was adjourned without conducting any business [3][4]. Company Strategy and Development Direction - The company did not present any strategic updates or development directions during the meeting due to the adjournment [3][4]. Management's Comments on Operating Environment and Future Outlook - Management did not provide comments on the operating environment or future outlook as the meeting was unable to proceed [3][4]. Other Important Information - The company will announce the date and manner of the reconvened annual meeting to allow stockholders to submit proxies and achieve a quorum [4]. Q&A Session Summary - There were no questions or answers during the meeting as it was adjourned before any business could be conducted [3][4].

Financial Data and Key Metrics Changes - Total assets decreased to $9.8 billion from $10.4 billion, primarily due to reduced wholesale funding and higher cost deposits [11] - Total gross loans decreased by $244.6 million to $6.7 billion, attributed to higher prepayments and repayments [11] - Total deposits decreased by $514 million to $7.8 billion, driven by efforts to reduce higher cost deposits [12] - Diluted income per share for Q4 was $0.07, down from $0.35 in Q3 [13] - Net interest income decreased to $90.2 million from $94.2 million, with net interest margin dropping to 3.78% from 3.92% [13] - Non-interest income increased to $22 million from $17.3 million, driven by gains from the sale and leaseback of banking centers [13] Business Line Data and Key Metrics Changes - Cash and cash equivalents decreased by $160.7 million to $470.2 million [11] - Total investments decreased to $2.1 billion from $2.3 billion [11] - Broker deposits decreased from $550.2 million to $435.7 million [12] - Non-performing assets increased to $187 million, or 1.9% of total assets, from $140 million, or 1.3% [19] Market Data and Key Metrics Changes - Assets under management increased by $87.2 million to $3.3 billion, driven by higher market valuations [11] - The company sees growth opportunities in Venezuela, with nearly $2 billion in deposits and significant AUM [8] Company Strategy and Development Direction - The company has a three-year strategic plan focused on stabilizing, optimizing, and growing the organization [4] - Key initiatives include credit transformation, balance sheet optimization, and operational efficiency [5] - The company is investing in human capital and technology to enhance productivity and client experience [6] - A share repurchase program has been approved to recognize the intrinsic value of shares [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's future and ability to enhance shareholder value [4] - The company is focused on improving credit quality and asset management, particularly in light of recent events in Venezuela [8][27] - Management anticipates loan growth of 7%-9% for the year, with a focus on improving the ratio of non-interest bearing deposits [26] Other Important Information - The company plans to continue executing on prudent capital management, balancing growth with buybacks and dividends [26] - The efficiency ratio is targeted to improve towards 60% by year-end [34] Q&A Session Summary Question: What metrics can be used to measure the progress of the three-year program? - Management highlighted credit quality improvements and disciplined loan origination as critical success metrics [30][31] Question: Are there any financial targets outlined for the next couple of years? - Management aims for a return on assets close to 1% and an efficiency ratio around 60% by year-end [34] Question: What specific drivers will help reduce expenses in 2026? - Management mentioned reducing higher cost deposits and optimizing marketing expenses as key drivers for expense reduction [37] Question: How does the company view the current asset quality and provisioning needs? - Management expects improvements in criticized loans and anticipates a provision impact of 40-45 basis points throughout the year [42] Question: How are recent events in Venezuela expected to impact deposit gathering efforts? - Management sees potential growth in international deposits due to favorable conditions in Venezuela, although it is still early to quantify the impact [44][45]

Refer to pages 15-19 of this presentation for reconciliations of U.S. GAAP to as adjusted results. Cohen & Steers: Q4 2025 and Full Year 2025 Earnings Presentation Summary of fourth quarter and full year 2025 results Fourth quarter 2025 Full year 2025 Assets under management • Net inflows of $1.5 billion in FY 2025 versus net outflows of $171 million in FY 2024 2 Flows Financial results, as adjusted • December 31, 2025 AUM was $90.5 billion versus $85.8 billion at December 31, 2024 • Average AUM was $88.6 b ...

SouthState (NYSE:SSB) Q4 2025 Earnings call January 23, 2026 09:00 AM ET Speaker4Good morning and welcome to SouthState Bank Corporation's Q4 2025 earnings conference call. All participants are in a listen-only mode. After the speaker's remarks, we'll conduct a question-and-answer session. To ask a question at this time, you'll need to press star followed by the number 1 on your telephone keypad. As a reminder, this conference call is being recorded. I would now like to turn the call over to Will Matthews. ...

Financial Data and Key Metrics Changes - In Q4 2025, the company reported net income of $99.5 million, or $0.46 per diluted share, with operating earnings increasing by 28% to $94.7 million [11][12] - Operating return on assets (ROA) improved to 130 basis points, up 24 basis points year-over-year, while return on average tangible common equity rose to 13.8% from 11.3% [12] - The net interest income for Q4 was $237.4 million, an increase of $37.2 million from Q3, driven by margin improvement [12][13] Business Line Data and Key Metrics Changes - Total loans grew by $1 billion, or 5.6%, for the full year, primarily due to strong commercial lending results [8][17] - Wealth assets reached a record high of $10.1 billion at year-end, including $9.6 billion in assets under management, driven by market appreciation and positive net flows [8][14] - Non-interest income for Q4 was $46.1 million, an increase of $4.8 million from Q3, with mortgage banking income rising to $3 million [13][14] Market Data and Key Metrics Changes - The company is now the largest independent bank headquartered in Massachusetts with $31 billion in assets and the fourth largest deposit market share in Greater Boston [4] - Period-end deposits totaled $25.5 billion, an increase of $4.4 billion, or 21% from Q3, primarily due to the addition of HarborOne deposits [15][16] Company Strategy and Development Direction - The company is focused on organic growth and returning capital to shareholders, with no plans for acquisitions in the foreseeable future [5][6][27] - Strategic investments in hiring talent have been emphasized as a key driver of growth, enhancing the company's competitive position [7] - The company aims to manage its CET1 ratio towards the median of the KRX, currently at 12%, while continuing to return excess capital through share repurchases and dividends [10][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capturing growth opportunities in larger markets, expecting steady improvement in profitability metrics [6][8] - The company anticipates loan growth of 3%-5% and deposit growth of 1%-2% for 2026, with net interest income projected between $1.2 billion and $1.5 billion [25][26] - Management noted that while there are no material shifts in credit metrics, a provision expense of $30-$40 million is expected for 2026 [30][39] Other Important Information - The company repurchased 3.1 million shares for $55.4 million in Q4, representing 26% of the total authorization announced in October [9][18] - The allowance for loan losses increased to $332 million, or 144 basis points of total loans, reflecting the initial allowance for acquired HarborOne loans [21] Q&A Session Summary Question: Margin outlook and deposit growth - Management indicated that the core margin is expected to remain relatively flat in the near term, with potential expansion later in the year [28][29] Question: Provision outlook and credit landscape - The provision guidance of $30 million-$40 million is higher than the previous year, but management does not see significant concerns in credit trends [30][31] Question: Non-performing loans and resolution plans - Non-performing loans are primarily driven by HarborOne, with management confident in their resolution plans [33][34] Question: Fee income and mortgage banking business - The company expects fee income from HarborOne's mortgage business to be 8%-10% of total fee income, benefiting from potential rate drops [46]

Q4 2025 Earnings Presentation January 23, 2026 Exhibit 99.2 Company Overview Strong, Resilient Franchise; Well Positioned for Growth | | Safe & Sound | Customer Centric | | --- | --- | --- | | • | Strong balance sheet | • Full suite of retail banking, commercial banking, | | • | Prudent interest rate and liquidity risk | and wealth product offerings | | | management | • Relationship-oriented commercial lending with | | • | Significant capital buffer | strong local market knowledge and presence | | • | Diver ...

Financial Data and Key Metrics Changes - Webster Financial generated a 17% ROTCE and a 1.2% ROA for the full year 2025, with EPS up 10% year-over-year [6] - Loans grew by 8% and deposits by 6% over the year, while tangible book value per share increased by 13% [6] - The company repurchased 10.9 million shares, enhancing capital distributions to shareholders [6] Business Line Data and Key Metrics Changes - In the fourth quarter, loans increased by $1.5 billion or 2.8%, with a full-year increase of 7.8%, primarily driven by commercial loan categories [12] - Classified commercial loans decreased by 7% and nonperforming loans were down 8%, indicating progress in credit remediation [8][15] - HSA Bank is expected to drive $1 billion-$2.5 billion in incremental deposit growth over the next five years, with $50 million-$100 million growth anticipated in 2026 [10] Market Data and Key Metrics Changes - The overall asset quality remains strong, with a decline in problem assets expected to continue [9] - The company experienced a seasonal decline in public funds of $1.2 billion but backfilled this with corporate deposits [12] - The average cost of deposits decreased to 1.91% from 1.99% in the previous quarter, reflecting competitive pricing [43] Company Strategy and Development Direction - Webster Financial's strategy in 2025 focused on execution and enhancing operational capabilities while investing in non-traditional banking verticals [6] - The company aims to maintain growth while ensuring resiliency and adaptability in a supportive macroeconomic environment [20] - Investments are being made in technology and marketing to enhance client outreach, particularly in the HSA segment [30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's ability to grow sustainably while managing risks effectively [6][20] - The outlook for 2026 anticipates loan growth of 5%-7% and deposit growth of 4%-6%, with expected revenue of $3 billion [17] - Management noted that the banking industry is experiencing positive momentum from macroeconomic and regulatory tailwinds [20] Other Important Information - The company acquired SecureSave, a provider of employer-sponsored emergency savings accounts, which is expected to enhance its offerings in the healthcare vertical [144] - The capital management strategy includes a focus on organic growth and potential share repurchases, with a CET1 target of 10.5% in the long term [96] Q&A Session Summary Question: Update on loan growth and partnership with Marathon - Management indicated that while the partnership is operational, it has not yet materially impacted loan growth, but they remain optimistic about future contributions [28] Question: Expense trends and investments in systems - Most investments are focused on marketing and client outreach to identify potential HSA account holders, with technology investments already in place [30] Question: Impact of potential changes in regulatory thresholds on expenses - Management noted that anticipated changes could provide flexibility in capital allocation, but overall strategic growth plans remain unchanged [34] Question: NIM trajectory for early 2026 - The company expects to maintain a NIM of around 335 basis points throughout 2026, with some seasonal variability [38] Question: Loan growth guidance and competition - Management explained that the 5%-7% loan growth guidance reflects a balance between growth and profitability, considering competitive pressures [61] Question: Non-interest-bearing deposits trend - There is a slowing pace in reductions of non-interest-bearing deposits, indicating a potential inflection point [113]