Intercontinental Exchange, Inc. (ICE) Presents at Bank of America Financial Services Conference 2026 Transcript

SA Transcripts158.27K FollowersFollow5ShareSaveCommentsQ4: 2026-02-05 Earnings SummaryInsightsTranscript InsightsPlay CallPlay CallTranscriptEPS of $1.71 beats by $0.04 | Revenue of $2.50B (7.79% Y/Y) beats by $20.22M Intercontinental Exchange, Inc. (ICE) Bank of America Financial Services Conference 2026 February 10, 2026 1:00 PM EST Company Participants Warren Gardiner - Chief Financial Officer Conference Call Participants Craig Siegenthaler - BofA Securities, Research DivisionMitchell Ross Presentation Craig SiegenthalerBofA Securities, Research Division This is Craig Siegenthaler, North American Head of Diversified Financials at Bank of America. And I'm joined on stage by Eli [indiscernible], who specializes in the U.S. exchanges, and he's on my team. But we're very pleased to introduce Warren Gardiner from Intercontinental Exchange. Warren has served as Chief Financial Officer since May 2021. And for the prior 4 years before that, Warren also ran ICE's Investor Relations team. Warren, thank you for joining us. Warren GardinerChief Financial Officer Thank you, Craig. Thanks, Eli. Question-and-Answer Session Craig SiegenthalerBofA Securities, Research Division So ICE is a leading global futures exchange with a large data and software offering in the fixed income and U.S. residential mortgage markets. In an industry where most of its competition are over a century old, ICE is the new kid on the block with just over 20 years of history. ICE has gone from an idea to a $100 billion futures behemoth by pioneering electronic trading in financial markets. In addition to futures, it is also the major player in mortgage technology with the largest servicing and the largest origination software offerings in the United States. So let's start with a macro one. Between Ukraine, Iran, Russia -- sorry, between Ukraine, Iran and Venezuela and the constellation of trade disputes, the geopolitical environment has been very dynamic lately, and that's been a big boon to your futures business. But with your year-to-date futures volumes now up 60% plus from 2023, we were often asked how much of this growth is sustainable. Warren, do you think you can keep growing off of this higher base here?