528 material Form 8-K filings that 462 companies we cover made with the SEC in January 2025, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Alaska Air Group reported fourth-quarter adjusted earnings of $0.97 per share, above its prior guidance of $0.40 to $0.50, and full-year 2024 adjusted EPS of $4.87. It guided full-year 2025 adjusted EPS above $5.75 but expects a first-quarter 2025 loss of $0.50 to $0.70 per share. The company also authorized a new $1 billion share repurchase plan over four years.
Q4 2024 adjusted EPS was $0.97 versus prior guidance of $0.40 to $0.50; GAAP EPS was $0.55.
Full-year 2024 revenue was $11.7 billion; GAAP net income was $395 million, compared with $235 million in 2023.
Full-year 2025 adjusted EPS is expected to be above $5.75; Q1 2025 adjusted EPS is expected to be a loss of $0.70 to $0.50 per share.
A new $1 billion share repurchase plan begins in January 2025; about $250 million of shares were repurchased in Q4 2024.
Prosperity Bancshares entered a Third Amended and Restated Employment Agreement with Chairman H.E. Timanus, Jr. on January 21, 2025. The main change is that change-in-control severance now requires a qualifying termination within a window from six months before to 18 months after a change in control, and it adds a bonus-based component.
Agreement dated January 21, 2025, replaces the prior agreement, which paid three times base salary on a change in control without a termination requirement
Under the new terms, severance of three times base salary and three times average annual bonus applies only on termination for Good Reason or without Cause, within six months before to 18 months after a change in control
Outstanding restricted stock vests upon a change in control, and the agreement permits personal investments in a competing business that do not interfere with his duties
Interparfums reported that fourth-quarter 2024 net sales rose 10% to $362 million and full-year net sales rose 10% to $1.45 billion, both versus 2023. The company said the sales goal positions it to meet its 2024 earnings per diluted share target of $5.15, excluding a non-cash trademark impairment of about $0.07 per diluted share, but it did not report profit figures in this filing. Full results and 2025 guidance are due February 25, 2025.
Q4 2024 net sales of $362 million, up 10% from $329 million in Q4 2023
Full-year 2024 net sales of $1.45 billion, up 10% from $1.32 billion in 2023
Company says sales goal positions it to meet 2024 EPS target of $5.15, excluding an impairment of about $0.07 per diluted share
Full 2024 results and 2025 guidance to be released February 25, 2025; conference call February 26, 2025
Plexus reported fiscal first quarter 2025 revenue of $976 million, slightly below $983 million a year earlier, while GAAP diluted EPS rose to $1.34 from $1.04. It also guided fiscal second quarter revenue to $960 million to $1.00 billion and GAAP diluted EPS to $1.22 to $1.37.
Q1 revenue $976.1 million vs $982.6 million in the year-earlier quarter and $1,050.6 million in the prior quarter
GAAP diluted EPS $1.34 vs $1.04 a year earlier; non-GAAP diluted EPS $1.73
Q2 fiscal 2025 guidance: revenue $960 million to $1.00 billion; GAAP diluted EPS $1.22 to $1.37
Free cash flow of $27.1 million; repurchased $12.8 million of shares during the quarter
Banner Corporation reported fourth-quarter 2024 net income of $46.4 million, or $1.34 per diluted share, up from $45.2 million, or $1.30, in the prior quarter and $42.6 million, or $1.24, a year earlier. For the full year 2024, net income fell to $168.9 million, or $4.88 per diluted share, from $183.6 million, or $5.33, in 2023. The Board also declared a regular quarterly dividend of $0.48 per share, payable February 14, 2025.
Q4 2024 revenue was $160.6 million, up from $153.7 million in Q3 2024 and $152.5 million in Q4 2023.
Q4 2024 net interest income was $140.5 million, compared with $135.7 million in Q3 2024.
Full-year 2024 net income was $168.9 million, or $4.88 per diluted share, versus $183.6 million, or $5.33, in 2023.
Quarterly cash dividend of $0.48 per share is payable February 14, 2025, to holders of record on February 4, 2025.
Eagle Bancorp reported unaudited fourth-quarter 2024 net income of $15.3 million, or $0.50 per diluted share, down from $21.8 million, or $0.72 per diluted share, in the third quarter. The decline reflected lower noninterest income, a higher provision for credit losses and lower net interest income, and nonperforming assets rose to $211.5 million, driven largely by a $74.9 million office loan moved to nonaccrual. The company also announced a cash dividend of $0.165 per share and director Kathy A. Raffa said she will not stand for re-election at the 2025 Annual Meeting.
Q4 2024 net income was $15.3 million, versus $21.8 million in Q3 2024 and $20.2 million in Q4 2023
Provision for credit losses was $12.1 million in Q4 2024, compared with $10.1 million in Q3 2024
Nonperforming assets rose to $211.5 million from $137.1 million at September 30, 2024, mainly from a $74.9 million commercial real estate office loan moved to nonaccrual
Cash dividend of $0.165 per share is payable February 21, 2025 to shareholders of record on February 7, 2025
Cathay General Bancorp reported unaudited fourth-quarter 2024 net income of $80.2 million, or $1.12 per diluted share, up from $67.5 million, or $0.94 per share, in the third quarter but slightly below the $82.5 million, or $1.13 per share, a year earlier. For the full year, net income fell 19.2% to $286.0 million, or $3.95 per diluted share, from $354.1 million, or $4.86 per share, in 2023, and non-performing assets more than doubled over the year, which shareholders may weigh against the quarterly improvement.
Q4 2024 net income was $80.2 million, or $1.12 per diluted share, compared with $67.5 million, or $0.94 per share, in Q3 2024 and $82.5 million, or $1.13 per share, in Q4 2023.
Full-year 2024 net income was $286.0 million, or $3.95 per diluted share, compared with $354.1 million, or $4.86 per share, in 2023.
Total non-performing assets rose 110.4% to $196.3 million at December 31, 2024, from $93.3 million a year earlier, mainly due to higher non-accrual loans.
Net interest margin rose to 3.07% in Q4 2024 from 3.04% in Q3 2024; the company repurchased 506,651 shares in the quarter for $23.9 million.
Cohen & Steers reported fourth-quarter 2024 revenue of $139.8 million, up 17.3% from a year earlier, and diluted EPS of $0.89 versus $0.60, with adjusted EPS of $0.78 versus $0.67. For the full year, revenue rose 5.7% to $517.4 million and diluted EPS rose to $2.97 from $2.60, but assets under management fell 6.5% in the quarter to $85.8 billion, driven by $6.1 billion of market depreciation.
Q4 2024 revenue $139.8 million, up 4.9% from Q3 2024 and 17.3% from Q4 2023
Q4 2024 diluted EPS $0.89 (U.S. GAAP) and $0.78 as adjusted; full-year diluted EPS $2.97 and $2.93 as adjusted
Ending AUM $85.8 billion at December 31, 2024, down from $91.8 billion at September 30, 2024; Q4 net inflows $860 million
Full-year 2024 net outflows of $171 million; the company will host a conference call on January 23, 2025 at 10:00 a.m. ET
Alcoa reported fourth quarter and full year 2024 results, with fourth quarter revenue of $3.5 billion and net income attributable to Alcoa of $202 million, both up sharply from the third quarter. Full year net income was $60 million, compared with a net loss of $651 million in 2023, which matters to shareholders because it shows a return to profit. The company also gave 2025 production and first quarter cost outlooks, with alumina output expected to fall and aluminum output expected to rise.
Fourth quarter 2024 revenue was $3.5 billion, up 20% sequentially from $2.9 billion in the third quarter; net income was $202 million, or $0.76 per diluted share.
Full year 2024 revenue rose 13% to $11.9 billion, and net income was $60 million, or $0.26 per share, versus a 2023 net loss of $651 million.
Full year 2024 Adjusted EBITDA excluding special items was $1.6 billion, and the company paid a quarterly dividend of $0.10 per share.
For 2025, alumina production is expected at 9.5 to 9.7 million metric tons, down from 2024, while aluminum production is expected at 2.3 to 2.5 million metric tons, up from 2024; first quarter aluminum segment impacts are expected to be unf
National Bank Holdings Corporation (NBHC) reported fourth-quarter 2024 net income of $28.2 million, or $0.73 per diluted share, down from $33.1 million, or $0.86, in the third quarter. The results include a $6.6 million pre-tax loss on sales of available-for-sale securities; excluding that loss, net income was $33.2 million, or $0.86 per diluted share. The board also approved a quarterly cash dividend of $0.29 per share.
Q4 2024 net income was $28.2 million, or $0.73 per diluted share, versus $33.1 million, or $0.86, in Q3 2024.
A $6.6 million pre-tax loss on securities sales was recorded in Q4; adjusted for it, net income was $33.2 million, or $0.86 per diluted share.
Full-year 2024 net income was $118.8 million, or $3.08 per diluted share, compared with $142.0 million, or $3.72, in 2023.
The $0.29 per share dividend is payable March 14, 2025, to shareholders of record at the close of business on February 28, 2025.
RLI Corp. reported fourth-quarter 2024 net earnings of $40.9 million ($0.44 per share), down from $114.6 million ($1.24 per share) a year earlier, as losses from Hurricane Milton and a higher combined ratio of 94.4 reduced underwriting income. For the full year, net earnings rose 13.5% to $345.8 million ($3.74 per share), with underwriting income of $210.7 million on an 86.2 combined ratio, and the company returned $236 million to shareholders through special and regular dividends.
Q4 2024 underwriting income was $22.2 million on a 94.4 combined ratio, versus $59.8 million on an 82.7 ratio in Q4 2023.
Q4 2024 operating earnings per share were $0.41, compared with $0.77 in Q4 2023.
Full-year 2024 operating earnings per share were $2.87, compared with $2.47 in 2023.
A two-for-one stock split took effect January 15, 2025, and a special dividend of $2.00 per share was paid December 20, 2024.
Triumph Financial reported fourth-quarter 2024 net income to common stockholders of $3.0 million, or $0.13 per diluted share, down from $4.5 million in the third quarter and $8.8 million a year earlier. Management said Q1 2025 earnings may decline from current levels as it invests in new products before expected revenue begins in the second half of the year, which means lower near-term earnings for shareholders.
Q4 2024 net income to common stockholders was $3.0 million, or $0.13 per diluted share, versus $4.5 million, or $0.19, in Q3 2024 and $8.8 million, or $0.37, in Q4 2023.
Full-year 2024 net income to common stockholders was $12.9 million, or $0.54 per diluted share.
Management expects full-quarter expenses of about $99 million in Q1 2025 and said Q1 earnings may decline from current levels.
The company completed its acquisition of Isometric Technologies (ISO) in Q4 2024 and created a new Intelligence segment.
Kinder Morgan reported preliminary fourth-quarter 2024 EPS of $0.30, up 11%, and Adjusted EPS of $0.32, up 14%, with net income attributable to KMI of $667 million versus $594 million a year earlier. The board approved a $0.2875 quarterly dividend, and the company budgeted 2025 Adjusted EPS of $1.27, up 10% from 2024. The company also announced an approximately $1.7 billion Trident Intrastate Pipeline project.
Q4 2024 net income attributable to KMI was $667 million, compared with $594 million in Q4 2023; Adjusted EBITDA was $2,063 million, up 7%.
Quarterly dividend of $0.2875 per share, payable February 18, 2025, to holders of record as of February 3, 2025.
2025 budget calls for net income attributable to KMI of $2.8 billion, up 8%, and Adjusted EPS of $1.27, up 10%.
Trident Intrastate Pipeline project of approximately $1.7 billion is expected to be in service in the first quarter of 2027, pending permits and approvals.
Dropbox appointed Warren Jenson, a former President and CFO of Nielsen, as a director on January 17, 2025, and to the board's Audit Committee. The filing describes standard non-employee director compensation and a standard indemnification agreement, with no financial terms disclosed for the appointment.
Board appointment effective January 17, 2025; Jenson also joins the Audit Committee
Jenson will receive the standard compensation for non-employee directors, described in the April 2, 2024 Proxy Statement
Company will enter its standard indemnification agreement with Jenson
Prior roles cited in Exhibit 99.1 include President and CFO of Nielsen and President of LiveRamp
Sunstone Hotel Investors is eliminating its Chief Operating Officer position as part of a restructuring of its executive team, and Chris Ostapovicz is leaving the role effective January 21, 2025. His duties will move to the President and Chief Investment Officer and other executives, and he has agreed to provide transition help through January 31, 2025. The filing discloses a separation package, which shareholders may watch for its cost, though the filing does not state a total dollar value for it.
Chris Ostapovicz departs as Chief Operating Officer effective January 21, 2025, and the COO position is eliminated
Responsibilities move to the President and Chief Investment Officer and other executive team members
Separation package includes a cash payment equal to two times his 2024 base salary plus target bonus, accelerated vesting of 132,270 shares, and up to 18 months of COBRA health coverage
Payments are subject to a general release of claims and continued compliance with the agreement
United Community Banks reported fourth-quarter 2024 net income of $75.8 million and GAAP diluted earnings per share of $0.61, compared with $14.1 million and $0.11 a year earlier. The year-ago quarter included a bond portfolio restructuring loss, so the comparison is affected by that charge. For shareholders, the filing shows higher profit and per-share earnings for both the quarter and full year 2024.
Q4 2024 net income $75.8 million vs $14.1 million in Q4 2023; GAAP diluted EPS $0.61 vs $0.11
Q4 2024 operating diluted EPS $0.63, up 19% from the year-ago quarter
Full-year 2024 net income $252 million and diluted EPS $2.04, vs $1.54 in 2023
Net interest margin fell seven basis points to 3.26% from the third quarter of 2024
OFG Bancorp reported fourth-quarter 2024 results, with diluted EPS of $1.09 versus $1.00 in the third quarter and $0.98 in the fourth quarter of 2023. Total core revenues were $181.9 million, up from $174.1 million in the third quarter, and full-year 2024 diluted EPS was $4.23 versus $3.83 in 2023. For shareholders, both quarterly and annual earnings and revenue measures improved, though provision for credit losses and non-interest expense both rose from the prior quarter.
4Q24 diluted EPS was $1.09, compared with $1.00 in 3Q24 and $0.98 in 4Q23.
Total core revenues were $181.9 million in 4Q24, compared with $174.1 million in 3Q24 and $175.6 million in 4Q23.
Total provision for credit losses was $30.2 million in 4Q24, compared with $21.4 million in 3Q24.
Common shares worth $45.9 million were repurchased in 4Q24, leaving $29.7 million in repurchase authorization as of December 31, 2024.
IES Holdings entered an amended credit agreement on January 21, 2025, that raises its revolving credit facility to $300 million from $150 million and extends maturity to January 21, 2030. The filing says the facility moves from an asset-based structure limited by eligible collateral to a cash flow-based facility with financial ratio covenants, which increases the company's borrowing capacity.
Revolver capacity rises from $150 million to $300 million; maturity extended from September 30, 2026 to January 21, 2030
Financial covenants include a maximum Consolidated Total Leverage Ratio of 3.00 to 1.00 and a minimum Consolidated Interest Coverage Ratio of 3.00 to 1.00
Borrowings bear interest at Base Rate plus 0.50% to 1.25%, or Daily Simple SOFR or Term SOFR plus 1.50% to 2.25%; unused commitment fee is 0.25% to 0.35%
Wells Fargo Bank, National Association is administrative agent; Fifth Third Bank, National Association is a joint lead arranger
Ally Financial reported fourth-quarter 2024 net income of $108 million, or $0.26 per share, up from $62 million a year earlier, but full-year 2024 net income fell to $668 million, or $1.80 per share, from $957 million, or $2.77, in 2023. The company also said it agreed to sell its Credit Card business, will stop new mortgage loan applications on January 31, and expects a workforce reduction to save over $60 million a year, which shareholders will weigh against the lower annual earnings.
Fourth-quarter 2024 net income $108 million, EPS $0.26, versus $62 million and $0.11 in fourth-quarter 2023
Full-year 2024 net income $668 million, EPS $1.80, versus $957 million and $2.77 in 2023
Agreement to sell Credit Card business, with a $118 million partial goodwill impairment excluded from adjusted metrics
Workforce reduction expected to save over $60 million annually, with a $22 million restructuring cost
FNB reported fourth-quarter 2024 net income available to common stockholders of $109.9 million, or $0.30 per diluted share, up from $48.7 million, or $0.13, a year earlier and flat with the third quarter. Operating EPS was $0.38 (non-GAAP), excluding $0.08 per share of significant items, including a $34.0 million pre-tax realized loss on a securities restructuring. Full-year 2024 net income was $459.3 million, or $1.27 per diluted share, versus $1.31 in 2023, and full-year operating EPS fell to $1.39 from $1.57.
Q4 2024 net income of $109.9 million, or $0.30 per diluted share, vs. $0.13 in Q4 2023 and $0.30 in Q3 2024
Q4 2024 operating EPS (non-GAAP) of $0.38, equal to Q4 2023 and up from $0.34 in Q3 2024
Full-year 2024 EPS of $1.27 vs. $1.31 in 2023; full-year operating EPS of $1.39 vs. $1.57
Tangible book value per share (non-GAAP) of $10.49 at December 31, 2024, up 10.8% year over year; CET1 ratio of 10.6% (estimated)
Halliburton reported fourth-quarter 2024 net income of $615 million, or $0.70 per diluted share, up from $0.65 in the third quarter but down from $0.74 a year earlier. Revenue fell to $5.6 billion from $5.7 billion in the third quarter, and management said it expects 2025 to be sequentially softer in North America.
Q4 2024 net income of $615 million, or $0.70 per diluted share, versus $0.65 in Q3 2024 and $0.74 in Q4 2023
Total revenue of $5.6 billion, compared with $5.7 billion in Q3 2024 and $5.7 billion in Q4 2023
Full-year 2024 revenue was $22.9 billion, flat versus 2023, and diluted EPS was $2.83 versus $2.92
Management expects 2025 to be sequentially softer in North America; the company repurchased about $309 million of stock in Q4 2024
Travelers reported fourth quarter 2024 net income of $2.082 billion, or $8.96 per diluted share, up from $1.626 billion, or $6.99 per share, a year earlier. Core income rose 30% to $2.126 billion, and the combined ratio improved 2.6 points to 83.2%, with full year net income of $4.999 billion. Results were strong for shareholders, though the filing notes $211 million of one-time tax benefits in the prior year and $252 million of share repurchases in the quarter.
Q4 2024 net income $2.082 billion, or $8.96 per diluted share, versus $6.99 a year earlier; core income $2.126 billion, or $9.15 per share
Combined ratio improved 2.6 points to 83.2%; net written premiums rose 7% to $10.742 billion
Full year 2024 net income $4.999 billion, or $21.47 per diluted share; book value per share $122.97, up 13% from year-end 2023
Board declared a regular quarterly dividend of $1.05 per share, payable March 31, 2025
BankUnited reported net income of $69.3 million, or $0.91 per diluted share, for the quarter ended December 31, 2024, up from $61.5 million, or $0.81, in the prior quarter and $20.8 million, or $0.27, a year earlier. For the full year, net income was $232.5 million, or $3.08 per diluted share, compared with $178.7 million, or $2.38, in 2023. Non-performing loans rose to $250.7 million, mainly from one commercial real estate office loan, which is a credit-quality point shareholders may watch.
Q4 2024 net income $69.3 million, $0.91 per diluted share, versus $61.5 million, $0.81 in Q3 2024
Full-year 2024 net income $232.5 million, $3.08 per diluted share, versus $2.38 in 2023
Net interest margin 2.84% for Q4 2024, up from 2.78% in Q3 2024
Non-performing loans $250.7 million, or 1.03% of total loans, up from $224.5 million, or 0.92%
Grocery Outlet appointed Jason Potter, former CEO of The Fresh Market, as President and Chief Executive Officer effective February 3, 2025, and he will also join the board as a director. Interim CEO Eric J. Lindberg, Jr. will cease employment on that date but remain Chairman of the Board, and the board increased its size to ten directors. The filing discloses Mr. Potter's pay package and severance terms but no financial results or guidance.
Potter served as CEO and a director of The Fresh Market from March 2020 to January 2025 and previously spent years at Sobeys Inc.
Employment agreement provides a $1,025,000 base salary, a target bonus of 125% of base salary, and up to $500,000 in relocation allowance.
2025 equity grants include $2.1 million in stock options, $2.1 million in target PSUs, a 250,000-share option grant and $2.0 million in restricted stock units.
If terminated without Cause or for Good Reason, Potter receives 24 months of base salary and two times his target bonus, paid over 24 months.
Textron reported fourth-quarter 2024 income from continuing operations of $0.76 per share, down from $1.01 a year earlier, and adjusted EPS of $1.34 versus $1.60. For full-year 2025, it forecast GAAP EPS of $5.19 to $5.39 and adjusted EPS of $6.00 to $6.20, compared with full-year 2024 adjusted EPS of $5.48. Shareholders face weaker recent results, including a $53 million special charge and a $38 million inventory charge tied to the powersports pause, alongside a higher outlook.
Q4 2024 revenue was $3.613 billion, down from $3.892 billion; Textron Aviation revenue fell $242 million on the strike-related production disruption
Full-year 2024 GAAP EPS was $4.34, down from $4.57; adjusted EPS was $5.48, down from $5.59
2025 revenue is forecast at approximately $14.7 billion, up from $13.7 billion in 2024
Textron repurchased $1.1 billion of stock in 2024 and expects 2025 manufacturing cash flow before pension contributions of $800 million to $900 million
TE Connectivity reported fiscal first-quarter 2025 net sales of $3.84 billion, flat year over year, and adjusted EPS of $1.95, up about 6%. GAAP diluted EPS from continuing operations was $1.75, down from $5.76 a year earlier, which included large prior-year tax benefits. The company guided to a GAAP loss of about $0.05 per share for the second quarter because of a one-time non-cash tax charge, while expecting adjusted EPS of about $1.96.
Q1 net sales $3.84 billion, flat year over year; free cash flow $674 million, up 18%
Q1 GAAP diluted EPS $1.75 versus $5.76 a year earlier, which included an $874 million Swiss tax credit benefit in the prior-year quarter
Q2 guidance: net sales of about $3.95 billion and adjusted EPS of about $1.96, up 5% year over year
Q2 GAAP EPS from continuing operations expected at about ($0.05), including a one-time non-cash tax charge tied to changes in tax law
Aptiv PLC announced its Board approved a plan to separate its Electrical Distribution Systems (EDS) business into an independent public company through a tax-free spin-off to Aptiv shareholders, with completion targeted by March 31, 2026. The company also affirmed its previously issued full-year 2024 guidance, and the 2024 figures it provided are estimates that have not yet been audited.
Spin-off of EDS targeted for completion by March 31, 2026, subject to Board approval, tax opinions and an SEC Form 10 filing.
Estimated 2024 EDS revenue of $8.3 billion and U.S. GAAP operating income of $0.4 billion; remaining Aptiv estimated at $12.1 billion revenue and $1.4 billion operating income.
Full-year 2024 outlook affirmed; fourth quarter 2024 results to be released February 6, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.