Eversource Energy (NYSE:ES) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Company ParticipantsBill Appicelli - Executive Director and Head of North America Power and Utilities ResearchJoe Nolan - Chairman, President, and CEOJohn Moreira - EVP, CFO, and TreasurerRima Hyder - VP of Investor RelationsShar Pourreza - Managing Director and Head of North American Power, Infrastructure, and UtilitiesConference Call ParticipantsCarly Davenport - VP and Equity Research AnalystPaul Patterson - Senior Utility An ...

Vale (NYSE:VALE) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Company ParticipantsCaio Ribeiro - Managing Director and Head of LatAm Metals, Mining, Oil, Gas, Pulp and Paper Equity ResearchDaniel Sasson - Head of Latam Steel and Mining, Pulp and Paper and CementGustavo Pimenta - CEOMarcelo Bacci - EVP of Finance and Investor RelationsMarcio Farid - VPRogério Nogueira - EVP of Commercial and DevelopmentShaun Usmar - CEOConference Call ParticipantsAlex Hacking - AnalystCarlos De Alba - Managing Directo ...

Enbridge (NYSE:ENB) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Company ParticipantsAllen Capps - Head of Corporate Strategy and President, Renewable PowerBen Pham - Managing DirectorColin Gruending - EVP and President, Liquids PipelinesGreg Ebel - President and CEOManav Gupta - Managing DirectorMarlon Samuel - VP of Investor Relations and InsuranceMatthew Akman - EVP and President, Gas TransmissionMichele Harradence - President, Gas Distribution and StoragePat Murray - EVP and CFORob Hope - Managin ...

Vale (NYSE:VALE) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Company ParticipantsCaio Ribeiro - Managing Director and Head of LatAm Metals, Mining, Oil, Gas, Pulp and Paper Equity ResearchDaniel Sasson - Head of Latam Steel and Mining, Pulp and Paper and CementGustavo Pimenta - CEOMarcelo Bacci - EVP of Finance and Investor RelationsMarcio Farid - VPRogério Nogueira - EVP of Commercial and DevelopmentShaun Usmar - CEOConference Call ParticipantsAlex Hacking - Equity Research Analyst of Americas Meta ...

Healthcare Realty Trust (NYSE:HR) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Company ParticipantsDan Gabbay - CFOMichael Carroll - Managing DirectorMichael Gorman - Managing Director of REITsNick Joseph - Head of US Real Estate and Lodging Research TeamNick Yulico - Managing DirectorOmotayo Okusanya - Managing Director and Head of US REIT ResearchPeter Scott - President and CEORob Hull - COORon Hubbard - VP of Investor RelationsRyan Crowley - CIOConference Call ParticipantsAustin Wurschmidt - Direc ...

Financial Data and Key Metrics Changes - Kinsale's diluted operating earnings per share increased by 26% in Q4 2025 compared to Q4 2024 [3] - Gross written premium grew by 1.8% and net written premium increased by 7.1% year-over-year [3][9] - The company posted a combined ratio of 71.7% for the quarter, with a full-year operating ROE of 26% [3][9] - Book value per share increased by 33% since year-end 2024, and float grew by 23% [3] Business Line Data and Key Metrics Changes - The commercial property division experienced a decline, impacting overall growth, while excluding this division, gross written premium grew by 10.2% for the quarter and 13.3% for the year [4] - The expense ratio was under 21%, significantly lower than many competitors, which tend to be in the mid-30s or higher [5] - New business submission growth, excluding unsolicited submissions, was up 6% for the quarter, with most divisions seeing submission growth [12] Market Data and Key Metrics Changes - The level of competition in the E&S market varies by underwriting group, with some areas experiencing more competitive pressure than others [12] - Pricing trends showed a decrease of 2.7% according to the Amwins Index, with large commercial property placements under significant rate pressure [13] - Casualty lines, including commercial auto and agribusiness casualty, remained strong areas of growth [12] Company Strategy and Development Direction - Kinsale's strategy focuses on maintaining a low-cost business model and disciplined underwriting to generate best-in-class returns [4][5] - The company is investing in technology and analytics, including AI, to enhance decision-making and profitability [6][7] - Kinsale plans to return excess capital to shareholders through a $250 million buyback authorization and an increase in quarterly dividends [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to generate growth and returns despite competitive pressures, particularly in the commercial property sector [4][14] - The company anticipates stabilization in the commercial property division after a period of intense competition [20] - Management highlighted the importance of maintaining underwriting discipline in a competitive environment [5][40] Other Important Information - Kinsale's net investment income increased by 24.9% in Q4 2025 compared to the previous year, driven by strong operating cash flows [10] - The company is expanding its homeowner insurance offerings, with a focus on high-value homes and a gradual rollout strategy [68][70] Q&A Session Summary Question: What caused the decline in commercial property this quarter? - Management noted an influx from London and some MGAs in the large layered and shared space, leading to deceleration in growth [19] Question: What are the expectations for commercial property in the foreseeable future? - Management indicated that the market ebbs and flows, but stabilization is expected after a couple of quarters [20] Question: What is the retention ratio for renewals? - Renewal retention is in the very low 70% range and has remained steady [30] Question: How much of the deceleration in growth is due to commercial property? - The decline is primarily due to increased competition in the commercial property division, which was previously the largest division [34] Question: What is the outlook for casualty lines? - Casualty lines are experiencing mixed pricing trends, with some areas seeing strong price increases while others are under pressure [38] Question: How is AI being integrated into the business? - AI is being used to automate tasks, improve customer service, and enhance risk segmentation and pricing [62][64] Question: What is the growth potential for new products? - New products are expected to contribute to growth, but the rollout is methodical and takes time to become meaningful [71] Question: Is there an opportunity to increase reinsurance retentions? - Management is actively considering adjustments to reinsurance retentions to manage volatility [116]

Healthcare Realty Trust (NYSE:HR) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Speaker11Thank you for standing by. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyone to Healthcare Realty 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 press star ...

Cooper-Standard (NYSE:CPS) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Speaker6Morning, ladies and gentlemen, and welcome to the Cooper-Standard fourth quarter and full year 2025 earnings conference call. During the presentation, all participants will be in listen-only mode. Following company-prepared comments, we will conduct a question-and-answer session. At that time, if you have a question, you will need to press star one one on your telephone keypad. To withdraw your question, please press star ...

Eversource Energy (NYSE:ES) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Speaker4Good day, and thank you for standing by. Welcome to the Eversource Energy Fourth Quarter and Full Year 2025 earnings call. 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 will need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. T ...

FEBRUARY 2026 4Q25 Earnings Results Our 2025 Guidance was right on target CET1 Commercial Portfolio Growth Average Deposit Growth NIM Efficiency Ratio ROE 11% 15% 2.36% 26.7% 15.8% 15.3% 10% 12% 15% 17% 2.25% 2.35% 26% 28% 15% 16% 15% 16% ✓ ✓ ✓ ✓ ✓ ✓ 2 Real vs Guidance 2025 Key Results: Solid Performance in 2025 Record Earnings and RoE Record Commercial Portfolio and Strong Deposit Growth Robust Margins and healthy Asset Quality Record Non - Interest Income and Efficiency Commercial Book $11.2 Bn ↑ 11% YoY ...