Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Atlantic Union Bankshares Q4 2025 Earnings Call - Sandy Spring Integration Drives Top-Quartile Returns; Merger Costs Set to Fade in Q1 2026
Atlantic Union reported a clean operational quarter masked by merger accounting noise. Adjusted operating metrics were strong: Q4 adjusted ROTCE 22.1%, adjusted ROA 1.5%, adjusted efficiency 47.8%, an...
- Management frames Q4 as proof the Sandy Spring acquisition is delivering: adjusted operating Q4 ROTCE 22.1% and adjusted operating efficiency ratio 47.8%.
- Reported Q4 net income available to common shareholders was $109.0 million, or $0.77 per share; adjusted operating EPS was $0.97 for the quarter.
- Merger-related costs remain meaningful in GAAP numbers: $38.6 million pre-tax in Q4 and $157.3 million pre-tax for full-year 2025, but management expects only modest residual merger expenses in Q1 2026.
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Pinnacle Financial Partners Fourth Quarter 2025 Earnings Call - Merger Closed, Bank Targets 9%-11% Loan Growth and $5.0B+ Revenue in 2026
Pinnacle went live as a combined franchise and framed 2026 as a growth year built on aggressive hiring, cross-selling and fast integration. The deal closed January 1, and management is guiding to $5.0...
- Merger closed on January 1, bringing Pinnacle and Synovus together and management says integration work is already underway across sales, service, and operating rhythm.
- 2026 financial outlook: adjusted revenue $5.0–$5.2 billion, adjusted noninterest revenue about $1.1 billion, adjusted noninterest expense $2.7–$2.8 billion.
- Loan growth target: period-end loans of $91–$93 billion in 2026, equal to 9%–11% growth versus combined year-end 2025 balances.
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FB Financial Fourth Quarter 2025 Earnings Call - Steering back to mid-to-high single-digit organic growth while protecting margin and returning capital
FB Financial closed 2025 with solid profitability and a clear playbook for 2026: protect margins, reaccelerate organic growth, and deploy excess capital selectively. Q4 reported EPS was $1.07, adjuste...
- Reported Q4 EPS of $1.07 and adjusted EPS of $1.16; full-year reported EPS $2.45 and adjusted EPS $3.99.
- Net interest income led the quarter at $150.6 million, with headline NIM at 3.98%, up 3 basis points from Q3.
- Management expects Q1 2026 core NIM between 3.78% and 3.83% (exclusive of loan accretion), with loan accretion expected to add roughly 15 basis points.
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Northern Trust Corporation Fourth Quarter 2025 Earnings Call - Raises medium-term targets to 33% pre-tax margin, mid-teens ROE on One Northern Trust execution
Northern Trust closed 2025 with tangible momentum and upgraded financial ambitions, pinning the lift on its One Northern Trust strategy, productivity gains and accelerated AI deployment. Q4 delivered ...
- Company raised medium-term financial targets: target pre-tax margin 33% and return on equity in the mid-teens (3–5 year horizon).
- Fourth quarter net income was $466 million, EPS $2.42, and return on average common equity 15.4%.
- Q4 trust, investment and servicing fees increased, with trust fees up 7% year-over-year and total revenue up 9% excluding notable items.
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Live Oak Bancshares Q4 2025 Earnings Call - Record loan production and operating leverage as Live Oak Express and checking scale amid manageable credit
Live Oak closed 2025 with outsized growth and improving profitability, even as Fed cuts and a small-business credit cycle demanded active management. The bank reported record annual loan production of...
- Record annual loan production of $6.2 billion in 2025, with Q4 originations of $1.6 billion, the highest year in company history.
- Total loan balances grew 17% year over year, and quarter over quarter loan balances rose about 4%.
- Net income for Q4 was $44 million, with EPS of $0.95, roughly three times Q4 2024; adjusted EPS rose 49% year over year.
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TrustCo Bank Corp NY Fourth Quarter 2025 Earnings Call - Net income jumps 38% as margin widens and buyback accelerates
TrustCo closed 4Q25 with a crisp beat on margin and earnings, driven by loan growth, a tighter cost of funds, and recurring wealth fees. Net income rose 38% year over year to $15.6 million, net intere...
- Net income for 4Q25 was $15.6 million, up 38% versus 4Q24.
- Net interest income rose 12.4% year over year to $43.7 million, helped by loan growth and lower funding costs.
- Net interest margin expanded 22 basis points to 2.82% in 4Q25.
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McCormick Q4 2025 Earnings Call - Volume-led growth, tariff-driven margin squeeze, Mexico acquisition to boost 2026
McCormick closed fiscal 2025 with volume-led, organic growth and share gains, but a late-year surge in commodity inflation and unexpected tariff recognition squeezed gross margins. Management delivere...
- Q4 total organic sales grew 2%, with consumer and flavor solutions both contributing, consumer organic sales up 3% driven by price and volume.
- Consumer volumes expanded for the seventh consecutive quarter, McCormick-branded consumption outpaced the broader edible category in the U.S., and EMEA sustained multi-quarter unit gains.
- Gross margin contracted 120 basis points in Q4 and 60 basis points for the full year, driven by higher commodity costs and recognition of more tariffs than planned in Q4.
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Mobileye Q4 2025 Earnings Call - Strong 2025, flattish 2026 guide as company pivots into robotaxi and humanoid robotics
Mobileye closed 2025 with healthy top-line and margin beats, but management is calling 2026 a careful execution year. Revenue finished about $1.9 billion, up 15% year over year, while adjusted operati...
- Full year 2025 revenue about $1.9 billion, up 15% year over year, slightly above the high end of prior guidance.
- Adjusted operating income was $280 million in 2025, a 45% increase, with adjusted operating margin near 15% (non-GAAP, excludes amortization and stock compensation).
- Operating cash flow increased by more than 50% in 2025, signaling strong free cash generation from the core business.
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Horizon Bancorp Q4 2025 Earnings Call - Balance sheet repositioning complete, NIM 4.29% and 2026 guidance upgraded
Horizon says the heavy lifting is done. Q4 results show the payoff from a year of balance sheet repositioning: loan-heavy earning assets, shrinking high-cost transactional deposits, nine straight quar...
- Balance sheet repositioning declared complete, with earning assets now more than 80% loans and deposits 93% of non-equity funding, signaling a return to a pure community bank profile.
- Net interest margin jumped to 4.29% in Q4, up 77 basis points quarter over quarter and marking the ninth consecutive quarter of NIM expansion, 188 basis points since Q3 2023's low.
- Management raised 2026 NIM guidance to 4.25%–4.35% and expects FTE NII growth in the low teens year over year, reflecting better-than-expected deposit betas and loan repricing dynamics.
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Norwood Bank Q4 2025 Earnings Call - Presence Acquisition Lifts Assets 20% and NII 62% YoY
Norwood closed the Presence Bank deal at the start of January, immediately boosting assets by roughly 20% and adding four branches in Southeast and South Central Pennsylvania. Management credited a De...
- Norwood closed the Presence Bank acquisition on January 5, giving it a roughly 20% increase in asset base and four branches in Southeast and South Central Pennsylvania.
- Net interest spread expanded 62 basis points year over year, driving a 62% increase in net interest income versus Q4 2024.
- Adjusted net income and adjusted earnings per share more than doubled in 2025, with improved returns on average assets and tangible equity reported.
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