924 material Form 8-K filings that 737 companies we cover made with the SEC in January 2026, 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).
On January 15, 2026, OneIM Acquisition Corp., a blank check company, completed its initial public offering of 28,750,000 units at $10.00 per unit, for gross proceeds of $287.5 million. The full $287.5 million, including proceeds from a $2 million private placement to its sponsor, was placed in a U.S.-based trust account. The filing does not name an acquisition target; shareholder funds remain in trust until a business combination is completed or the funds are distributed.
28,750,000 units sold at $10.00 each, including 3,750,000 units from the underwriters' over-allotment option, for gross proceeds of $287,500,000.
Each unit holds one Class A ordinary share and one-sixth of one redeemable warrant exercisable at $11.50 per share.
Private placement of 200,000 units to sponsor OneIM Sponsor LLC at $10.00 per unit, for gross proceeds of $2,000,000.
The company has until January 15, 2028 (or March 15, 2028 if a definitive agreement is signed within 24 months) to complete a business combination; deferred underwriting fees payable total $15,812,500.
BancFirst reported fourth-quarter 2025 net income of $59.5 million, or $1.75 per diluted share, up from $56.5 million, or $1.68 per diluted share, a year earlier. Net interest income rose to $127.7 million, helped by loan growth and the November 2025 acquisition of American Bank of Oklahoma, but higher noninterest expense and a drop from the third quarter's $62.7 million net income show the quarter's profit was not uniform.
Q4 2025 net income $59.5 million ($1.75 diluted EPS) vs. $56.5 million ($1.68) in Q4 2024; down from $62.7 million in Q3 2025
Net interest income $127.7 million vs. $115.9 million a year earlier; net interest margin 3.71% vs. 3.68%
Noninterest expense rose to $107.4 million from $92.3 million, driven by a $5.6 million increase in net expense from other real estate owned
Full-year 2025 net income of $240.6 million, which the CEO said was a record; American Bank of Oklahoma acquired November 17, 2025 for $33 million
Talos Energy and its subsidiary Talos Production entered an Amended and Restated Credit Agreement with JPMorgan Chase Bank as administrative agent, reaffirming a $700.0 million borrowing base and total commitments. The maturity extends to January 20, 2030, subject to an earlier springing date tied to the 9.000% notes due February 2029, which keeps the company's borrowing capacity in place and gives it longer-term access to credit.
Borrowing base and total commitments of $700.0 million, including a letter of credit sublimit of $250 million
Maturity is the earlier of January 20, 2030 and November 2, 2028, unless the 9.000% notes due February 2029 are refinanced or repaid beforehand
Covenants include a Consolidated Total Debt to EBITDAX Ratio no greater than 3.00 to 1.00 and a current ratio of at least 1.00 to 1.00
Agreement requires hedging of at least 50% of projected production from proved developed producing reserves for the first four forward quarters
Columbia Banking System reported fourth quarter 2025 net income of $215 million, or $0.72 per diluted share, up from $96 million, or $0.40, in the third quarter, with net interest income up $122 million after the Pacific Premier acquisition added two more months to the quarter. For the full year 2025, net income was $550 million, up 3%, but diluted EPS was $2.30, down 10% from $2.55, and operating EPS for the quarter was $0.82, down from $0.85 in the prior quarter.
Q4 2025 net income $215 million and diluted EPS $0.72, versus $96 million and $0.40 in Q3 2025
Q4 2025 operating diluted EPS $0.82, versus $0.85 in Q3 2025 and $0.71 in Q4 2024
Full-year 2025 net income $550 million (up 3%); diluted EPS $2.30 (down 10%)
Repurchased $100 million of common stock in the quarter; total assets $66.8 billion and deposits $54.2 billion as of December 31, 2025
Corpay, Inc. said on January 22, 2026 that its board appointed David Bunch as an independent director, effective immediately. Mr. Bunch is Group Executive Vice President for Mobility & Convenience at Shell PLC, and the company said his experience in managing large scale and digital platforms will add to the board.
Appointed to the board effective January 22, 2026; the board determined he is independent under NYSE listing standards.
Currently Group Executive Vice President for Mobility & Convenience at Shell PLC, a network of over 40,000 convenience, B2B, and EV mobility sites.
He will receive the company's customary non-employee director compensation starting January 22, 2026, and has signed the company's standard indemnification agreement.
No arrangement or understanding with the company and no related-party transactions requiring disclosure, according to the filing.
Cathay General Bancorp reported unaudited net income of $90.5 million, or $1.33 per diluted share, for the fourth quarter of 2025, up from $77.7 million in the third quarter. For the full year 2025, net income was $315.1 million, or $4.54 per diluted share, compared with $286.0 million in 2024. Headline earnings improved on both a quarterly and annual basis, with lower provisions for credit losses and reduced non-performing assets supporting the results.
Q4 2025 net income $90.5 million, or $1.33 per diluted share, versus $77.7 million, or $1.13, in Q3 2025
Full-year 2025 net income $315.1 million, or $4.54 per diluted share, versus $286.0 million, or $3.95, in 2024
Net interest margin rose to 3.36% in Q4 2025 from 3.31% in Q3 2025; non-performing assets fell 26.8% year over year to $143.7 million
Conference call scheduled for January 22, 2026 at 3:00 p.m. Pacific Time
Alaska Air Group reported fourth-quarter and full-year 2025 results on January 22, 2026. Fourth-quarter revenue rose 3% to $3.6 billion, and adjusted EPS of $0.43 beat the company's prior expectation of about $0.10, but both GAAP and adjusted EPS fell sharply from a year earlier. The company guided to full-year 2026 adjusted EPS of $3.50 to $6.50 and a first-quarter adjusted loss of $0.50 to $1.50 per share.
Q4 2025 GAAP net income was $21 million, or $0.18 per share, versus $71 million, or $0.55 per share, in Q4 2024.
Q4 2025 adjusted EPS was $0.43, versus $0.97 a year earlier and the company's prior expectation of about $0.10.
Full-year 2025 adjusted EPS was $2.44, versus $4.87 in 2024; the company repurchased 11.3 million shares for $570 million in 2025.
2026 guidance: full-year adjusted EPS of $3.50 to $6.50; first-quarter adjusted EPS of ($1.50) to ($0.50).
General Purpose Acquisition Corp. (GPAC) said holders of its units may elect to separately trade Class A ordinary shares and redeemable warrants starting on or about January 23, 2026. Units not separated will keep trading under GPACU, while the shares and warrants will trade as GPAC and GPACW on Nasdaq. The change is administrative and does not alter the company's terms or its stated purpose as a special purpose acquisition company.
Separate trading of shares and warrants may begin on or about January 23, 2026
Each unit consists of one Class A ordinary share and one-half of one warrant
Separated securities trade as GPAC (shares) and GPACW (warrants) on Nasdaq; unseparated units trade as GPACU
Holders must have brokers contact Continental Stock Transfer & Trust Company to separate units
On January 20, 2026, H&R Block's board increased its size from eight to eleven directors and elected Geralyn R. Breig, Christian H. Charnaux, and Stephanie C. Plaines to fill the new seats. The filing describes the appointments as a way to broaden expertise and strengthen board succession planning, and it sets out their director pay.
Board expanded from eight to eleven directors; Breig, Charnaux, and Plaines took seats effective January 20, 2026.
Charnaux and Plaines joined the Audit Committee; Breig joined the Compensation Committee and the Governance and Nominating Committee.
Non-employee directors are eligible for an $85,000 annual cash retainer and $200,000 in annual director restricted share units; Audit Committee members receive an extra $15,000, and Breig receives $10,000 and $7,500 for her two committee ro
Apogee Enterprises promoted Mark Augdahl from interim Chief Financial Officer to Executive Vice President and Chief Financial Officer, effective January 19, 2026. He previously served as the company's Chief Accounting Officer, and the filing discloses his pay package, including a $550,000 base salary and a $700,000 restricted stock grant. The change gives shareholders a permanent finance chief, though the filing contains no financial results.
Augdahl has served as interim CFO since January 7, 2026, according to the press release, and was appointed Executive Vice President and CFO effective January 19, 2026.
Offer letter dated January 15, 2026 provides a $550,000 annual base salary, a $700,000 restricted stock grant, and a $50,000 sign-on incentive.
Restricted shares vest 50% after one year and 50% after two years, subject to continued employment.
Annual short-term incentive target is 75% of base salary for fiscal 2027, with a payout range of 0% to 150% of target.
Blue Water Acquisition Corp. III approved a new form of indemnity agreement on January 21, 2026, for directors and officers appointed on November 25, 2025. The agreement replaces the prior form and commits the company to indemnify, hold harmless and advance expenses to these individuals in certain claims tied to their service, within limits set by law and its governing documents.
Board approved the new Indemnity Agreement on January 21, 2026.
Covers directors and officers appointed on November 25, 2025; prior officers all resigned that day.
The agreement supersedes the prior form filed as Exhibit 10.6 to the June 12, 2025 Form 8-K.
Customers Bancorp reported unaudited fourth-quarter 2025 net income available to common shareholders of $70.1 million, or $1.98 per diluted share, up from $23.3 million, or $0.71 per diluted share, a year earlier, though down from $73.7 million, or $2.20 per diluted share, in the third quarter. Full-year 2025 net income was $209.2 million, or $6.26 per diluted share, compared with $5.09 in 2024, and the company gave 2026 targets for loan and deposit growth, net interest income, non-interest expense, capital and tax rate, while Sam Sidhu became chief executive effective January 1, 2026.
Q4 2025 core earnings were $72.9 million, or $2.06 per diluted share, versus $1.36 in Q4 2024.
Net interest income was $204.4 million in Q4 2025, and full-year 2025 net interest income was a record $750.5 million.
2026 targets: loan and deposit growth of 8% to 12%, net interest income of $800 million to $830 million, and non-interest expenses of $440 million to $460 million.
Sam Sidhu became Chief Executive Officer effective January 1, 2026, and Jay Sidhu is Executive Chairman.
Glacier Bancorp reported fourth-quarter 2025 net income of $63.8 million, or $0.49 per diluted share, down from $67.9 million and $0.57 in the third quarter but up 3% in net income from a year earlier. The quarter included $36.0 million of acquisition-related expenses and $27.2 million of credit loss expense tied to the October 1, 2025 acquisition of Guaranty Bancshares, while net interest income rose 39% year over year to $266 million. For the full year 2025, net income was $239 million, up 26%, and diluted earnings per share were $1.99, up 18%.
Q4 diluted EPS was $0.49, down 14% from $0.57 in Q3 and down 9% from $0.54 a year earlier
Net interest income was $266 million, up 39% from $191 million a year earlier; net interest margin was 3.58%
Credit loss expense totaled $35.7 million; non-performing assets rose to $68.9 million from $54.3 million in Q3
Full-year 2025 net income was $239 million and dividends declared were $1.32 per share
Capital One Financial Corporation signed a merger agreement on January 22, 2026 to acquire Brex Inc., a business payments and spend management software company, for $5.15 billion in aggregate consideration. The deal is paid with about $2.75 billion in cash and about 10.6 million shares of Capital One common stock, and it is expected to close in the middle of calendar 2026 subject to closing conditions, including regulatory approvals. The filing does not state the expected effect on Capital One's earnings or share count beyond the shares to be issued.
Total consideration is $5.15 billion, subject to adjustments in the Merger Agreement.
Consideration includes about $2.75 billion in cash and about 10.6 million shares of Capital One common stock.
Closing is expected in the middle of calendar year 2026, subject to customary conditions and required regulatory approvals.
Brex founder and CEO Pedro Franceschi will continue to lead Brex as part of Capital One.
Sallie Mae reported fourth-quarter 2025 GAAP diluted EPS of $1.12, up from $0.50 a year earlier, and full-year EPS of $3.46, up from $2.68 in 2024. It also authorized a new $500 million share repurchase program and expects 2026 GAAP diluted EPS of $2.70 to $2.80, below the 2025 level. Shareholders get higher 2025 profit and new capital returns, but the 2026 outlook points to lower per-share earnings than 2025.
Q4 2025 net income was $233 million, versus $112 million in Q4 2024; full-year 2025 net income was $745 million, versus $608 million in 2024.
For 2026, the company expects GAAP diluted EPS of $2.70 to $2.80, net charge-offs of $345 million to $385 million, and non-interest expenses of $750 million to $780 million.
The board authorized a $500 million buyback starting January 22, 2026, expected to run about 24 months through February 4, 2028.
The 2024 buyback program had $33 million of capacity left as of December 31, 2025 and expires February 6, 2026.
Installed Building Products completed a $500 million private offering of 5.625% senior unsecured notes due 2034 and amended its asset-based revolving credit facility, raising commitments to $375.0 million and extending maturity to January 21, 2031. Net proceeds of about $490 million were used to fund the redemption of the company's 5.75% notes due 2028, with the remainder for fees, expenses and general corporate purposes. For shareholders, the filing describes a debt refinancing that extends maturities; it does not include new operating results.
$500 million of 5.625% senior unsecured notes due February 1, 2034, issued January 21, 2026
Net proceeds of about $490 million; $308.2 million used to fund the redemption of the 5.75% notes due 2028
The $300.0 million 2028 notes were fully redeemed on January 22, 2026 at 100.00% of principal plus accrued interest
ABL revolver commitments increased to $375.0 million and maturity extended to January 21, 2031; the press release says it is currently undrawn
Life360 released preliminary, unaudited fourth-quarter and full-year 2025 results, saying full-year revenue and Adjusted EBITDA will exceed its prior guidance. The company also expects about 20% monthly active user growth in 2026 and plans to invest in strategic growth initiatives, which may weigh on margins. Full results and detailed 2026 guidance are due on a March 2, 2026 investor call.
Full-year 2025 revenue expected at $486-489 million, about 31-32% year-over-year growth
Full-year 2025 Adjusted EBITDA expected at $87-92 million, about an 18-19% margin
Q4 2025 monthly active users reached 95.8 million; Paying Circles reached 2.8 million
Investor call with CEO Lauren Antonoff and CFO Russell Burke set for March 2, 2026 PT
United Therapeutics appointed Kevin J. Tracey, M.D., to its Board of Directors on January 21, 2026, increasing the Board to 13 members. The Board also adopted an Eleventh Amended and Restated Bylaws, which lowers the shareholder vote needed to alter, repeal, or amend the bylaws from 80% to a majority of voting power and adds a cure process for certain director nomination notices.
Kevin J. Tracey, M.D., joined the Board on January 21, 2026; he will not serve on a Board committee initially.
Board size increased to 13 members; Dr. Tracey received 1,220 restricted stock units on January 21, 2026.
Shareholder vote needed to amend the bylaws drops from 80% to a majority of voting power of outstanding shares entitled to vote generally in director elections.
Bylaws now allow shareholders to cure certain deficiencies in director nomination notices within the specified time period.
On January 15, 2026, Worthington Steel and its German subsidiary Worthington Steel GmbH signed a business combination agreement with Kloeckner & Co SE, under which the subsidiary will launch a voluntary cash takeover offer for Kloeckner shares at €11.00 each. The company expects the deal to be substantially accretive to EPS within the first full year and to generate about $150 million of annual run-rate synergies, but it anticipates pro forma net leverage of about 4.0x at closing, with a goal of getting below 2.5x within 24 months.
Offer price is €11.00 in cash per Kloeckner share, with closing conditions including acceptance by holders of at least 65% of Kloeckner shares.
SWOCTEM GmbH, which owns approximately 42% of Kloeckner shares, agreed in an Irrevocable Undertaking to accept the offer.
The company's Equity Commitment Letter provides financing of up to €1,632,000,000, and Worthington expects pro forma net leverage of about 4.0x including synergies at closing.
Closing is expected in the second half of calendar 2026, and the regulatory condition must be satisfied by the Long Stop Date, 12 months after the initial acceptance period expires.
Wells Fargo filed a court-authorized notice of a proposed settlement of a shareholder derivative lawsuit over its home mortgage lending and diversity-related hiring practices. The settlement would require $100 million in mortgage assistance and a $10 million payment from an insurer to the company, and the defendants deny the allegations.
The company must fund $100 million in mortgage assistance within 90 calendar days after the Effective Date, with programs lasting at least three years.
An insurer will pay Wells Fargo $10 million on behalf of the director defendants within 30 calendar days of the Effective Date.
Plaintiffs' counsel intends to seek a $27.5 million fee and expense award, separate from the $100 million and $10 million amounts.
A final approval hearing is set for May 5, 2026, and objections are due by April 14, 2026.
JPMorgan Chase's independent board approved 2025 annual compensation of $43 million for CEO James Dimon, up from $39 million last year. The filing says the pay reflects record 2025 revenue of $185.6 billion and net income of $57.0 billion, and that 88% of his variable incentive pay is in performance share units tied to return on tangible common equity.
Total 2025 pay of $43 million: $1.5 million base salary and $41.5 million variable incentive pay
Of the variable pay, $5 million is paid in cash and $36.5 million in performance share units
The firm reported 2025 net income of $57.0 billion, or $20.02 per share, and ROTCE of 20%
The quarterly common dividend was raised from $1.25 to $1.50 per share
Radian Group said director Gregory Serio notified the company on January 21, 2026 that he will not seek reelection and will retire from the Board at the end of his current term at the 2026 annual meeting of stockholders. The filing states his decision did not involve a disagreement with the company on its operations, policies or practices.
Gregory Serio has served on the Board since 2012.
Notice of his decision to retire was given to the company on January 21, 2026.
He will leave the Board at the end of his term, at the 2026 annual meeting of stockholders.
The filing says the decision did not involve any disagreement with the company.
Eastern Bankshares reported fourth quarter 2025 results on January 22, 2026. GAAP net income fell to $99.5 million, or $0.46 per diluted share, from $106.1 million, or $0.53, in the third quarter, while operating net income rose to $94.7 million, or $0.44 per diluted share, from $74.1 million. The quarter includes a partial-quarter impact from the November 1, 2025 HarborOne merger, and the board declared a $0.13 quarterly dividend payable March 20, 2026.
GAAP net income of $99.5 million, or $0.46 per diluted share, versus $106.1 million, or $0.53, in the third quarter of 2025
Operating net income of $94.7 million, or $0.44 per diluted share, up 27.8% from $74.1 million
Non-operating noninterest expense of $33.4 million, including $26.7 million in higher merger-related costs
Quarterly cash dividend of $0.13 per share, payable March 20, 2026, to shareholders of record as of March 6, 2026
Cohen & Steers reported fourth-quarter 2025 revenue of $143.8 million, up 2.9% from a year earlier, but U.S. GAAP diluted EPS fell to $0.68 from $0.89, reflecting $10.8 million of non-recurring expenses tied to a closed-end fund rights offering that raised $513 million. Adjusted diluted EPS was $0.81 versus $0.78 a year earlier, and full-year 2025 revenue rose 7.5% to $556.1 million while GAAP diluted EPS was flat at $2.97. Assets under management ended the year at $90.5 billion, down 0.4% in the quarter, with net inflows of $1.2 billion.
Q4 2025 revenue was $143.8 million, up 1.5% from Q3 2025 and 2.9% from Q4 2024.
Q4 2025 U.S. GAAP diluted EPS was $0.68, versus $0.89 in Q4 2024; as adjusted EPS was $0.81 versus $0.78.
Full-year 2025 revenue was $556.1 million, up 7.5%; diluted EPS was $2.97, or $3.09 as adjusted.
Assets under management were $90.5 billion at December 31, 2025, with Q4 net inflows of $1.2 billion.
Fidelity National Information Services elected Anil Chakravarthy, president of Adobe's Customer Experience Orchestration business, as a director effective January 20, 2026, increasing the board from nine to ten. He was also appointed to the Audit Committee and the Risk and Technology Committee, and the board determined he is independent. The filing describes a board addition rather than a financial result, so it has no direct effect on reported earnings.
Board increased from nine to ten directors; Anil Srinivasa Chakravarthy elected effective January 20, 2026
Initial term expires at the 2026 Annual Meeting of Shareholders
Joins Audit Committee and Risk and Technology Committee; nine of ten directors are independent
Non-employee director pay as described in the April 28, 2025 proxy statement, with the initial restricted stock unit award prorated
Capital One furnished its monthly charge-off and delinquency metrics for the month ended December 31, 2025, under Regulation FD. The filing shows domestic credit card net charge-offs of $1,085 million, an annualized rate of 5.01%, and auto loan net charge-offs of $144 million, giving shareholders monthly data on credit performance across its loan categories.
Domestic credit card net charge-offs were $1,085 million in December 2025, a 5.01% net charge-off rate.
Domestic credit card 30+ day performing delinquencies were $10,471 million, a 3.99% rate.
Auto loan net charge-offs were $144 million (2.07% rate); auto nonperforming loans were $566 million (0.68%).
Independent Bank Corp. (INDB) reported fourth-quarter 2025 net income of $75.3 million, or $1.52 per diluted share, up from $34.3 million, or $0.69, in the third quarter. The third quarter included merger costs and a one-time credit loss provision tied to its Enterprise Bancorp acquisition, and operating net income, a non-GAAP measure, rose to $84.4 million, or $1.70 per share, from $77.4 million, or $1.55.
Net income was $75.3 million, or $1.52 per diluted share, versus $34.3 million, or $0.69, in Q3 2025.
Operating net income, a non-GAAP measure, was $84.4 million, or $1.70 per diluted share, versus $77.4 million, or $1.55, in Q3 2025.
Net interest income rose 4.5% to $212.5 million, and the net interest margin was 3.77%, up 15 basis points.
The company repurchased about 548,000 shares for $37.5 million, and tangible book value per share reached $47.55 at December 31, 2025, up $1.04 from the prior quarter.
Associated Banc-Corp reported fourth-quarter 2025 earnings available to common equity of $134 million, or $0.80 per diluted share, compared with a loss in the same quarter of 2024 that the filing ties to a balance sheet repositioning. Full-year 2025 earnings were $463 million, or $2.77 per diluted share, and the company issued 2026 outlook figures for loans, deposits, net interest income, noninterest income, expense, and taxes, all excluding its pending acquisition of American National Corporation.
Q4 2025 earnings were $134 million, or $0.80 per diluted share, versus a loss of $164 million ($1.03 per share) in Q4 2024 and earnings of $122 million ($0.73 per share) in Q3 2025.
Full-year 2025 earnings were $463 million, or $2.77 per diluted share, compared with $112 million ($0.72 per share) in 2024.
For 2026, the company expects period-end loan growth of 5% to 6%, net interest income growth of 5.5% to 6.5%, and noninterest expense growth of 3%.
The CET1 capital ratio was 10.49% at December 31, 2025.
JPMorgan Chase closed public offerings on January 22, 2026, of three note series totaling $6.0 billion in aggregate principal. The notes were registered under a Form S-3 shelf registration, and the legal opinion on the notes is filed as Exhibit 5.1. The filing does not report earnings, guidance, or the pricing terms of the notes.
Floating Rate Notes due 2032: $400 million aggregate principal
2032 Fixed-to-Floating Rate Notes: $2.6 billion aggregate principal
2037 Fixed-to-Floating Rate Notes: $3.0 billion aggregate principal
Capital One reported fourth-quarter 2025 net income of $2.1 billion, or $3.26 per diluted share, up from $2.67 a year earlier but down from $4.83 in the third quarter. On January 22, 2026, it also agreed to acquire Brex Inc. for $5.15 billion, with about 50% cash and 50% stock, which adds a large deal shareholders will need to weigh.
Q4 2025 net income $2.1 billion, or $3.26 per diluted share, versus $4.83 in Q3 2025 and $2.67 in Q4 2024
Company-defined adjusted EPS, excluding adjusting items, was $3.86 per diluted share
Total net revenue rose 1% from Q3 to $15.6 billion; provision for credit losses rose $1.4 billion to $4.1 billion
Brex acquisition agreed January 22, 2026 for $5.15 billion, about 50% cash and 50% stock
Urban Edge Properties' operating partnership entered a restated credit agreement and a separate term loan agreement on January 22, 2026. The revolver shrinks from $800 million to $700 million, but its maturity moves from February 2027 to June 2030, and $250 million of delayed-draw term loans are added, for total committed facilities of $950 million with no amounts currently drawn. For shareholders, the filing adds borrowing capacity and extends maturities, while the agreements include leverage and coverage covenants.
Revolving credit facility reduced from $800 million to $700 million; maturity extended from February 9, 2027 to June 28, 2030, with two 6-month extension options
Five-year term facility of $125 million maturing June 30, 2031, and seven-year term facility of $125 million maturing January 22, 2033, both with a twelve-month delayed-draw feature
Current margins are 1.00% over SOFR for revolver loans, 1.15% for five-year term loans and 1.50% for seven-year term loans; facility fee is 0.15%
No amounts are currently drawn; the agreements include a 60% total debt to capitalization limit and accordion features
Alcoa reported fourth quarter and full year 2025 results on January 22, 2026. Full year net income attributable to Alcoa was $1.2 billion, or $4.42 per diluted share, compared with $60 million, or $0.26 per share, in 2024, and revenue rose 8 percent to $12.8 billion. For shareholders, the company also guided to higher 2026 alumina and aluminum production, though it expects first quarter 2026 segment EBITDA to fall sequentially.
Full year 2025 revenue of $12.8 billion, up from $11.895 billion in 2024, with net income of $1.170 billion attributable to Alcoa
Fourth quarter 2025 net income of $226 million, or $0.85 per diluted share, versus $232 million, or $0.88, in the third quarter
2026 outlook: Alumina production of 9.7 to 9.9 million metric tons and Aluminum production of 2.4 to 2.6 million metric tons
First quarter 2026 expected sequential EBITDA headwinds of $30 million in Alumina and $70 million in Aluminum
Intel reported fourth-quarter 2025 revenue of $13.7 billion, down 4% year-over-year, with a GAAP loss of $(0.12) per share and non-GAAP earnings of $0.15 per share, up 15%. For the first quarter of 2026, Intel forecast revenue of $11.7 billion to $12.7 billion and non-GAAP EPS of $0.00, which shareholders should weigh against the higher fourth-quarter revenue level.
Q4 2025 revenue was $13.7 billion, down 4% year-over-year; GAAP net loss attributable to Intel was $(591) million.
Non-GAAP EPS was $0.15, up 15% from $0.13 a year earlier; GAAP EPS was $(0.12).
Q1 2026 revenue forecast is $11.7 billion to $12.7 billion; GAAP EPS expected at $(0.21) and non-GAAP EPS at $0.00.
Full-year 2025 revenue was $52.9 billion, flat year-over-year; full-year GAAP EPS was $(0.06).
Pathward Financial reported net income of $35.2 million, or $1.57 per share, for the three months ended December 31, 2025, up from $30.0 million, or $1.23 per share, a year earlier. Net interest income and noninterest income both declined, while lower credit loss provisions helped lift profit, and nonperforming loans rose sharply from a year earlier.
Net income of $35.2 million, or $1.57 per share, versus $30.0 million, or $1.23 per share, in the prior-year quarter
Net interest income fell 5% to $119.3 million; net interest margin was 6.95% versus 7.38% a year earlier
Provision for credit losses was $3.2 million versus $18.7 million; nonperforming loans rose to $109.1 million from $35.2 million
Repurchased 651,804 shares at an average price of $72.07; 4,286,012 shares remained available under the program as of December 31, 2025
East West Bancorp reported record full-year 2025 net income of $1.3 billion, or $9.52 per diluted share, both up 14% from 2024, with revenue up 12% to $2.9 billion. Fourth-quarter net income was $356 million, or $2.55 per diluted share, down 3.3% from the third quarter. The board raised the quarterly common stock dividend by 33% to $0.80 per share, which increases the cash returned to shareholders.
Full-year 2025 net income was $1.3 billion, or $9.52 per diluted share, up 14% year-over-year.
Full-year 2025 revenue was $2.9 billion, up $318 million, or 12%.
Fourth-quarter 2025 net income was $356 million, or $2.55 per diluted share, down 3.3% from the third quarter.
Quarterly dividend raised to $0.80 per share from $0.60, payable February 17, 2026 to holders of record as of February 2, 2026.
SouthState Bank reported fourth-quarter 2025 diluted earnings per share of $2.46, up 32% from a year earlier, on net income of $247.7 million. The board also approved a repurchase plan of up to 5,560,000 shares, effective through December 31, 2027, and declared a $0.60 quarterly dividend.
Q4 2025 net income was $247.7 million versus $144.2 million in Q4 2024; Q3 2025 net income was $246.6 million
Net interest income was $581 million, down $19 million from the prior quarter; net interest margin was 3.85% versus 4.05% in Q3 2025
Repurchase plan of up to 5,560,000 shares runs through December 31, 2027; it does not obligate the company to buy any specific number of shares
Quarterly dividend of $0.60 per share is payable February 13, 2026 to holders of record as of February 6, 2026
Intuitive reported fourth-quarter 2025 revenue of $2.87 billion, up 19% from a year earlier, and GAAP diluted earnings of $2.21 per share, up from $1.88. For 2026, the company expects worldwide da Vinci procedure growth of 13% to 15%, compared with 18% in 2025, and a non-GAAP gross profit margin of 67% to 68% that includes an estimated 1.2% of revenue tariff impact.
Q4 2025 revenue was $2.87 billion, up 19% from $2.41 billion in Q4 2024.
GAAP net income attributable to Intuitive was $795 million, or $2.21 per diluted share, versus $686 million, or $1.88, a year earlier.
Da Vinci system placements were 532, including 303 da Vinci 5 systems, versus 493 in Q4 2024.
2026 outlook: da Vinci procedure growth of 13% to 15%, non-GAAP operating expense growth of 11% to 15%, and tariffs estimated at 1.2% of revenue.
Charter Communications entered into a two-year employment agreement with Adam Ray, its Executive Vice President and Chief Commercial Officer, effective January 19, 2026. The filing sets his base salary at no less than $750,000 and his target bonus at 160% of salary, and describes severance terms and restrictive covenants. The filing is a compensation and retention arrangement for a senior executive rather than a change in leadership or financial results.
Agreement dated January 16, 2026, effective January 19, 2026, with a term ending January 19, 2028
Base salary of at least $750,000 and target annual cash bonus of 160% of base salary
One-time top-up equity award with grant date fair value of $500,000 granted January 20, 2026, cliff vesting on the third anniversary
Severance if terminated without cause or for good reason: 2.0 times the sum of base salary and target bonus, plus 24 months of COBRA cost and up to 12 months of outplacement
CSX reported fourth quarter 2025 revenue of $3.51 billion, down 1% from a year earlier, as lower merchandise volume and reduced export coal revenue offset higher pricing. Net earnings were $720 million, or $0.39 per share, versus $733 million, or $0.38 per share, a year earlier, but the prior-year figure excluded a goodwill impairment, and the quarter included about $50 million in severance and technology costs. For the full year, EPS fell 14% to $1.54 and revenue fell 3% to $14.09 billion, which matters to shareholders because the earnings trend weakened over the year.
Q4 2025 revenue was $3.51 billion, down 1% year over year; operating margin was 31.6% versus 31.3% a year earlier.
Q4 2025 EPS was $0.39 versus $0.38 in Q4 2024; prior-year adjusted EPS was $0.42 excluding a goodwill impairment.
Full-year 2025 EPS was $1.54 versus $1.79 in 2024, down 14%; full-year net earnings were $2.89 billion versus $3.47 billion.
Full-year 2025 results include a $164 million goodwill impairment charge recorded in the third quarter.
Deere & Company said CFO Joshua Jepsen will resign as Senior Vice President and Chief Financial Officer effective February 19, 2026, and that the departure is not related to any financial or accounting issue. Ryan D. Campbell, currently President of Worldwide Construction & Forestry and Power Systems, will serve as acting CFO on an interim basis while the company searches for a permanent replacement.
Joshua A. Jepsen resigned as SVP and CFO, effective February 19, 2026; notice given January 20, 2026
Ryan D. Campbell, age 51, appointed acting CFO, principal financial and accounting officer, effective February 19, 2026
Campbell previously served as Deere's CFO from March 2019 to May 2022
Company intends to search internal and external candidates for a permanent CFO
Heritage Financial reported fourth quarter 2025 net income of $22.2 million, or $0.65 per diluted share, up from $19.2 million, or $0.55 per share, in the third quarter. Net interest margin rose to 3.72% and total deposits increased $62.7 million, while classified loans rose $22.4 million from the prior quarter. The company said the acquisition of Olympic Bancorp is expected to close on or about January 31, 2026, subject to customary closing conditions.
Net income was $22.2 million for Q4 2025, versus $19.2 million in Q3 2025 and $11.9 million in Q4 2024.
Diluted EPS was $0.65 for Q4 2025, versus $0.55 in Q3 2025 and $0.34 in Q4 2024; adjusted diluted EPS was $0.66.
Net interest margin increased 8 basis points to 3.72%, and the company declared a $0.24 quarterly dividend payable February 11, 2026.
Procter & Gamble reported flat organic sales and flat core earnings per share for the quarter ended December 31, 2025, while diluted EPS fell to $1.78 from $1.88 after a $0.10 restructuring charge. The company maintained its fiscal 2026 organic sales, net sales and core EPS growth guidance, which matters to shareholders because it signals no change to the full-year outlook despite soft quarterly volume.
Organic sales growth was 0%, with organic volume down 1% and pricing up 1%.
Core EPS was $1.88, flat year over year; currency-neutral core EPS was $1.85, down 2%.
Diluted EPS was $1.78 versus $1.88 a year earlier, including $0.10 of incremental restructuring.
FY 2026 guidance: organic sales growth 0% to +4%, core EPS growth 0% to +4%, and all-in EPS growth 1% to 6%.
Target's board elected John R. Hoke III, former Chief Innovation Officer at NIKE, effective March 1, 2026, and Stephen B. Bratspies, former CEO of HanesBrands, effective April 1, 2026. Both will receive the standard non-employee director compensation described in Target's proxy statement, and the filing discloses no financial results or changes to company guidance.
John R. Hoke III elected director effective March 1, 2026; joins Compensation & Human Capital Management and Governance & Sustainability committees
Stephen B. Bratspies elected director effective April 1, 2026; joins Audit & Risk and Infrastructure & Finance committees
Bratspies was CEO and director at HanesBrands Inc. from August 2020 to December 2025; Hoke was Chief Innovation Officer at NIKE from November 2023 to June 2025
Commerce Bancshares reported fourth quarter 2025 diluted earnings per share of $1.01, up from $0.96 a year earlier but flat with the third quarter, and net income of $140.7 million. For the full year, EPS was $4.04 versus $3.69 in 2024, and the company closed its FineMark acquisition on January 1, 2026. Higher full-year earnings and the completed acquisition are the main items for shareholders to note.
Q4 2025 EPS of $1.01 vs. $0.96 in Q4 2024 and $1.01 in Q3 2025
Q4 2025 net income of $140.7 million vs. $136.1 million a year earlier and $141.5 million in Q3 2025
Full-year 2025 EPS of $4.04 and net income of $566.3 million, vs. $3.69 and $526.3 million in 2024
FineMark acquisition closed January 1, 2026; FineMark had $2.7 billion in loans and $3.1 billion in deposits at December 31, 2025
Autodesk announced a restructuring plan that will eliminate about 1,000 roles, roughly 7% of its workforce, with most cuts in customer-facing sales, and expects $135 million to $160 million in pre-tax charges. The company also said fourth-quarter and full-year fiscal 2026 billings, revenue, non-GAAP operating margin, non-GAAP earnings per share and free cash flow are now expected to be above the top end of its prior guidance, so shareholders face a higher near-term charge alongside stronger expected results.
About 1,000 employees, roughly 7% of the workforce, to be terminated, with a significant portion in customer-facing sales.
Expected pre-tax restructuring charges of $135 million to $160 million, with $90 million to $110 million recorded in the fourth quarter of fiscal 2026.
Fourth-quarter and full-year fiscal 2026 billings, revenue, non-GAAP operating margin, non-GAAP EPS and free cash flow now expected above the top end of guidance given November 25, 2025.
Plan expected to be completed by the end of the fourth quarter of fiscal 2027; charges to be excluded from non-GAAP measures.
Arch Capital Group director John Vollaro, who has served on the board since 2009 and was formerly the company's CFO, told the company he will not stand for reelection at the 2026 annual shareholder meeting. The company says the decision was not due to any disagreement over operations, policies or practices, and he will serve the rest of his term, which ends May 5, 2026.
Vollaro informed the company of his decision on January 15, 2026; the company announced it on January 22, 2026
He will serve the remainder of his term, which ends on May 5, 2026
Vollaro was Chief Financial Officer, Treasurer and Executive Vice President from 2002 to 2009
Chair John Pasquesi and CEO Nicolas Papadopoulo thanked him for his service
ACM Research updated its 2025 revenue outlook to $885 million to $900 million, down from the $875 million to $925 million range it gave on November 5, 2025, and issued an initial 2026 revenue outlook of $1,080 million to $1,175 million. The 2025 figures are preliminary and subject to audit, with full results due in late February 2026, so shareholders will get the audited numbers later.
2025 revenue outlook narrowed to $885 million to $900 million, from $875 million to $925 million in the November 5, 2025 release
Initial 2026 revenue outlook of $1,080 million to $1,175 million, based on trade policy, customer spending, and supply chain assumptions
Full-year and fourth-quarter 2025 results expected in late February 2026; 2025 figures remain subject to audit
Old Republic reported fourth-quarter 2025 net income of $206.3 million, up from $105.1 million a year earlier. Net income excluding investment gains (losses) fell 18.6% to $184.7 million, and operating EPS was $0.74 versus $0.90, as the combined ratio rose to 96.0% from 92.7%. Net premiums and fees earned rose 9.8% to $2.1 billion, but the core insurance profit measure declined for shareholders.
Net income of $206.3 million versus $105.1 million, including $21.5 million net of tax investment gains
Net income excluding investment gains of $184.7 million versus $227.0 million, down 18.6%
Operating EPS of $0.74 versus $0.90; combined ratio of 96.0% versus 92.7%
Net premiums and fees earned of $2.1 billion, up 9.8%; total capital returned to shareholders of $742 million in the quarter
Freeport-McMoRan reported fourth-quarter 2025 net income attributable to common stock of $406 million, or $0.28 per share, up from $274 million, or $0.19 per share, a year earlier. Operating income fell to $811 million from $1,243 million, and the company cited $282 million in after-tax charges, mainly tied to the September 2025 mud rush incident at PTFI's Grasberg mine, which remains partly shut. The company expects a phased restart of the Grasberg Block Cave mine beginning in the second quarter of 2026.
Q4 2025 revenues were $5,633 million, compared with $5,720 million in Q4 2024; adjusted net income was $688 million, or $0.47 per share.
Full-year 2025 net income was $2,204 million, or $1.52 per share, versus $1,889 million, or $1.30 per share, in 2024.
For 2026, consolidated copper sales are expected to approximate 3.4 billion pounds and capital expenditures about $4.3 billion.
Operating cash flows for 2026 would approximate $8 billion at assumed prices, or $11 billion at recent prices, per the filing.
Cencora, Inc. appointed Ellen G. Cooper as an independent director effective January 20, 2026, increasing the board from ten to eleven members. Ms. Cooper is Chairman, President and Chief Executive Officer of Lincoln Financial, and she has not yet been named to any board committee.
Board appointment made January 20, 2026; the board increased from ten to eleven members
Ms. Cooper is Chairman, President and CEO of Lincoln Financial and previously worked at Goldman Sachs Asset Management and AEGON Americas
Her compensation matches other non-employee directors and will be pro-rated until the 2026 Annual Meeting of Stockholders
No committee assignments have been made at this time
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.