Earnings Call Transcripts
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All Earnings Calls
Alaska Air Group Q4 2025 Earnings Call - Biggest Boeing Order and Integration Progress Put 2026 Harvest Year in Play
Alaska Air Group closed 2025 with clearer runway than a year ago, not because results were flawless, but because the merger milestones and a record Boeing order finally give the company scale and a co...
- Q4 GAAP net income was $21 million, full-year GAAP net income was $100 million; adjusted net income ex-special items was $50 million for Q4 and $293 million for the full year.
- Adjusted EPS was $0.43 in Q4 and $2.44 for full-year 2025, both ahead of the December revised guidance.
- Alaska secured the largest aircraft order in its history, building an order book of 261 aircraft including firm orders to grow the 787 fleet to 17, underpinning its goal to build Seattle into a global hub.
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USCB Financial Holdings Q4 2025 Earnings Call - Deliberate Securities Loss to Reinvest in Higher-Yield Loans and Lift NIM
USCB closed 2025 with solid underlying performance and a deliberately noisy quarter. Management sold $44.6 million of low-yield available-for-sale securities, took a $5.6 million after-tax hit, and re...
- Management executed a targeted December sale of $44.6 million of AFS securities, realizing a $5.6 million after-tax loss, to redeploy cash into higher-yielding loans.
- Q4 GAAP diluted EPS was $0.07. Excluding the securities loss and a $0.06 per-share tax charge for prior-period out-of-state income, operating diluted EPS was $0.44.
- Company guidance for modeling tax expense is 26.4% going forward, after recognizing prior-state tax liabilities of roughly $1.1 million in Q4.
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OceanFirst Financial Corp. Q4 2025 Earnings Call - Loan Surge and Flushing Deal Set the Growth Story
OceanFirst closed Q4 with unmistakable organic momentum, driven by back-to-back $1 billion origination quarters and record quarterly loan growth. Net interest income expanded for a fifth straight quar...
- Reported Q4 GAAP EPS of $0.23, and core EPS of $0.41.
- Net interest income rose for the fifth consecutive quarter, up $5 million or 5% sequentially, and up 14% year over year.
- Total loans increased $474 million in the quarter, an 18% annualized growth rate, driven by roughly $1.0 billion in originations for the second straight quarter.
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Byline Bancorp 4Q 2025 Earnings Call - Board Hikes Dividend 20% and Readies Buybacks as Bank Eyes $10B Asset Milestone
Byline closed 2025 with tidy results and an assertive capital posture. The bank reported $130.1 million in net income for the year, a record Q4 net interest income, and a 20% dividend increase while a...
- Full-year 2025 net income was $130.1 million, or $2.89 per diluted share, on revenue of $446 million, up 9.7% year-over-year.
- Q4 2025 net income was $34.5 million, or $0.76 per diluted share, on revenue of $117 million; pre-tax, pre-provision ROA was 232 basis points for the quarter.
- Board approved a 20% increase in the quarterly dividend and authorized a repurchase program up to 5% of outstanding shares; the company repurchased ~346,000 shares in the quarter and returned $42 million to shareholders in 2025.
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Cohen & Steers Q4 2025 Earnings Call - Real-assets rotation fuels renewed inflows and a fat pipeline
Cohen & Steers closed 2025 with modest top-line and EPS gains, steady margins, and a renewed flow story centered on real assets. Q4 as‑adjusted EPS was $0.81, full‑year EPS $3.09, revenue for the quar...
- Q4 as‑adjusted EPS $0.81, matching the prior quarter; full‑year 2025 EPS $3.09 versus $2.93 in 2024.
- Q4 revenue $143.8 million, up 2% sequentially; full‑year revenue $554 million, up 6.9% year over year.
- Effective fee rate (ex performance fees) held at 59 basis points in Q4; performance fees recognized were $1.7 million.
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SLB Q4 2025 Earnings Call - Production Recovery, Digital & ChampionX Set Up 2026 Rebound
SLB closed 2025 with a solid operational quarter, driven by a 9% sequential revenue step-up to $9.7 billion and margin expansion, but the beat masks a lumpy mix. An extra month of ChampionX accounted ...
- Q4 revenue $9.7 billion, up 9% sequentially, driven by high single-digit international growth and mid-teens North America growth.
- About $300 million of Q4 revenue came from an extra month of ChampionX consolidation, with roughly $500 million of organic sequential revenue uplift.
- Excluding ChampionX, organic revenue rose 7% internationally and 6% in North America sequentially, the first broad sequential growth across geographies since Q2 2024.
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Webster Financial Corporation Q4 2025 Earnings Call - Credit Remediation and HSA Deposit Optionality Support 3.35% NIM Outlook
Webster closed 2025 with clean headlines and a deliberate tone. The bank delivered a 17% ROTCE and 1.2% ROA, grew loans about 7.8% and deposits 6% for the year, repurchased 10.9 million shares, and en...
- FY2025 headline metrics: 17% ROTCE, 1.2% ROA, EPS up 10% year over year, tangible book value per share up 13%.
- Balance sheet growth: loans up 7.8% for FY2025, Q4 loans up $1.5 billion (2.8% q/q); total assets up about $5.0 billion or 6.4% for the year.
- Deposits: FY deposits up 6% year over year, Q4 deposits up 0.9% q/q after a seasonal $1.2 billion public funds outflow that management expects to reverse in Q1.
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Amerant Bancorp Fourth Quarter 2025 Earnings Call - Credit cleanup and balance-sheet right-sizing set the three-year turnaround targets: 1% ROA and ~60% efficiency
Amerant closed 4Q25 with a deliberate reset. Management cut the balance sheet below the $10 billion threshold, exited non-core funding, and pushed an intensive credit review that reclassified and expe...
- Amerant executed a deliberate balance-sheet shrink to $9.8 billion at quarter end, down from $10.4 billion in 3Q25, by using excess liquidity and selling investments.
- Management targets credit stabilization as the number one priority, conducting reviews that covered approximately $5.3 billion or 85% of the commercial loan portfolio.
- Non-performing assets rose to $187 million, or 1.9% of assets, from $140 million, with management reporting January reductions in NPLs to $155 million after paydowns and sales.
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Eastern Bankshares, Inc. Fourth Quarter 2025 Earnings Call - Leaning Into Organic Growth and Buybacks, Not M&A
Eastern closed 2025 with a strong finish, reporting net income of $99.5 million and operating earnings of $94.7 million, boosted by the late-year HarborOne acquisition and solid organic commercial loa...
- Net income for Q4 2025 was $99.5 million, or $0.46 per diluted share; operating earnings were $94.7 million and $0.44 per diluted share.
- Eastern attributes a large portion of Q4 performance to the HarborOne merger, which closed November 1 and added roughly $4.5 billion of loans and $4.3 billion of deposits.
- Management is explicit: no M&A for the foreseeable future, focus instead on organic growth across commercial banking and wealth, and returning excess capital to shareholders.
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Customers Bancorp Q4 2025 Earnings Call - Qubix $2T Payments Volume and Deposit-led Growth Power Positive Operating Leverage
Customers Bancorp closed 2025 by leaning into what made it distinct, payments and deposit-gathering. Management touted a smooth CEO succession, record NII, and operating leverage driven by a payments ...
- Leadership transition executed: Sam Sidhu named CEO after a five-year succession process, Jay Sidhu remains Executive Chairman.
- 2025 headline numbers: core EPS $7.61 for the year (up 36% YoY), Q4 core EPS $2.06, core ROE 13.8%, ROA 1.2%.
- Tangible book and capital: tangible book value per share $61.77, up 14% year; issued $100 million of subordinated debt, tangible common equity ratio 8.5%.
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