Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
SB Financial Fourth Quarter 2025 Earnings Call - Loan and Deposit Growth Fueled a Best-in-Decade Year, Even as Mortgage Fees Slid
SB Financial closed 2025 with one of its strongest years in decades, driven by sustained loan and deposit growth that masked a pullback in fee income from mortgages and servicing. Net interest income ...
- Net income for Q4 2025 was $3.9 million, diluted EPS $0.63, up about 15% year-over-year; recapture-adjusted EPS was $0.65 and the company posted its 60th consecutive profitable quarter.
- Full-year GAAP EPS of $2.19 was a 27% increase over 2024 and the second-highest per-share earnings in 20 years for the bank.
- Net interest income drove the year, with Q4 NII of $12.7 million, up nearly 17% year-over-year; recurring NII now represents roughly 75% of total revenue, while fee-based revenue fell to about 26% from a historical 35%.
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General Motors Company Q4 2025 Earnings Call - $7.6B EV Restructure, Tariff Relief, and a Pledge to Restore North America Margins to 8%-10%
GM closed 2025 with strong cash, tighter inventories and aggressive capital returns, but the quarter was dominated by a heavy reset of its EV bets. Management took $7.6 billion of EV-related charges a...
- GM reported full-year 2025 adjusted EBIT of $12.7 billion and adjusted automotive free cash flow of $10.6 billion, finishing with $21.7 billion of cash on the balance sheet.
- The company took $7.6 billion of EV-related charges across Q3 and Q4 2025, comprised of $3.0 billion of non-cash impairments and $4.6 billion of cash-related contract cancellations and supplier settlements; roughly $400 million of those cash items were paid in 2025, with the majority expected to be paid in 2026.
- GM’s 2026 guidance: adjusted EBIT $13 billion to $15 billion, adjusted diluted EPS $11 to $13, and adjusted automotive free cash flow $9 billion to $11 billion.
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Avidbank Fourth Quarter 2025 Earnings Call - Strong Loan and Deposit Growth, Margin Lift Blunted by Three New NPAs
Avidbank closed 2025 with the sort of growth story regional bankers love: loans up $190 million in Q4 and $283 million for the year, deposits rising $92 million in the quarter and $241 million for the...
- Loan momentum: loans rose $190 million in Q4 and $283 million for 2025, a roughly 15% annualized growth rate.
- Deposit growth: deposits increased $92 million in Q4 and $241 million for the year, about 13% growth for 2025.
- Margin expansion: NIM widened to 4.13% in Q4 from 3.90% in Q3; net interest income reached $25.0 million versus $22.7 million in Q3.
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Covenant Logistics Group Q4 2025 Earnings Call - Market at equilibrium as Covenant trims fleet, aims to rebuild margins
Covenant told investors the freight market may be at or very near equilibrium, with spot rates rising and bid activity spiking. Management reported early January momentum, securing low- to mid-single-...
- Management says the freight market is shifting toward equilibrium, with spot rates meaningfully up in Q4 and the first three weeks of January showing improved revenue across all business units.
- Bid activity has surged, up about 33% in January versus Q4, driven by shippers trying to secure capacity and by new customer opportunities.
- Early January contract actions produced low- to mid-single-digit rate increases, management cited an average of roughly 3.5% in the first three weeks, and expects additional increases to kick in through Q2.
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Seacoast Banking Corporation Q4 2025 Earnings Call - Villages Deal Accelerates Loan Growth, Boosts Capital and Triggers Tactical Securities Reposition
Seacoast closed the Villages Bancorporation acquisition in Q4, delivering a fast 15% annualized loan growth run rate, meaningful fee and wealth momentum, and a capital surprise that shortened the earn...
- Closed Villages Bancorporation (VBI) on Oct 1, 2025, adding mortgage volume, servicing, and a new deposit franchise, with a planned technology conversion in July 2026.
- Loan outstandings grew at a 15% annualized rate in Q4, driven by stronger commercial production and mortgage volume from the Villages acquisition.
- Adjusted Q4 ROA, excluding day one provision and merger charges, was 1.22%, and adjusted return on tangible equity was 15.72%.
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Orchid Island Capital Q4 2025 Earnings Call - Doubled the book, bought call‑protected higher‑coupon MBS at wides and cut expense ratio to 1.7%
Orchid Island used 2025 to grow aggressively and deliberately. The REIT doubled its equity and MBS book over the year, finishing Q4 with roughly $10.6 billion of agency MBS and $1.4 billion of shareho...
- Q4 net income was $103.4 million, $0.62 per share; book value rose to $7.54 from $7.33 in Q3 and shareholder equity was about $1.4 billion.
- Dividend remained $0.12 per month ($0.36 in Q4); approximately 95% of 2024 and 2025 dividends were taxable income, with return of capital ~=5%.
- MBS portfolio averaged $9.5 billion in Q4, up from $7.7 billion in Q3, and actual year‑end balance was ~$10.6 billion, a roughly 27% quarter gain and roughly double over 2025.
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ExxonMobil Q4 2025 Earnings Call - Transformation Delivers Industry-leading Earnings Power, Production Growth from Guyana and Permian
ExxonMobil says its multi-year transformation is paying off, reporting record-scale production, project execution, and sizable structural cost savings in 2025. Upstream and project wins, led by Guyana...
- ExxonMobil achieved its 2030 emission reduction targets early, reducing corporate GHG intensity by more than 20%, upstream GHG intensity by more than 40%, and corporate flaring intensity by more than 60% as of 2025.
- Methane intensity target is expected to be met by the end of 2026, management said.
- Company averaged 4.7 million oil equivalent barrels per day in 2025, the highest annual production in over 40 years, with upstream unit earnings more than double 2019 on a constant price basis.
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Brookfield Business Partners Fourth Quarter 2025 Earnings Call - Reorg, operational gains and optionality set up liquidity for monetizations
Brookfield Business Partners closed 2025 with a flurry of execution: roughly $2 billion of capital recycling, about $1 billion of corporate debt repaid, $700 million invested in four acquisitions, and...
- Corporate reorganization is underway, converting BBU into a single newly listed corporation to boost trading liquidity and double index-driven demand, pending final regulatory approval.
- 2025 capital actions included more than $2 billion of proceeds from capital recycling, roughly $1 billion of corporate debt repaid, $700 million of growth M&A, and about $235 million of repurchases to date under a $250 million program.
- Management says the trading price is up about 50% year over year, yet shares still trade at a material discount to management's view of intrinsic value.
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Primis Financial Corp Q4 2025 Earnings Call - Sale‑leaseback Juice Masks a 0.8% ROA Run Rate, But Path to 1% Is Visible
Primis reported a headline Q4 2025 profit of $29.5 million, or $1.20 per share, boosted by a substantial sale-leaseback gain. Strip out that one‑time noise and management estimates a true run rate of ...
- Reported Q4 2025 GAAP earnings of $29.5 million, $1.20 per share, driven largely by a substantial sale‑leaseback gain that created one‑time noise.
- Management estimates underlying run rate earnings of about $8 million, approximately a 0.8% ROA on about $4 billion of average assets, after excluding one‑offs.
- Net interest margin expanded to 3.28% in Q4 2025, up from 2.90% year over year, and management expects mid‑3.4s to roughly 3.5% as debt redemption and securities restructuring fully impact results.
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ArcBest Fourth Quarter 2025 Earnings Call - Efficiency and AI Offset Soft Freight, Asset-Light Breaks Even
ArcBest reported a mixed quarter: revenue slipped while execution, pricing discipline, and productivity initiatives kept the company standing. Consolidated revenue was $973 million, non-GAAP operating...
- Consolidated revenue for Q4 2025 was $973 million, down 3% year-over-year.
- Non-GAAP operating income from continuing operations fell to $14 million in Q4, versus $41 million a year ago; adjusted non-GAAP EPS was $0.36, down from $1.33.
- Asset-Based (ABF) revenue was $649 million and flat on a per-day basis; daily LTL shipments rose 2% year-over-year, averaging about 20,000 shipments per day.
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