Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Lincoln Financial Group reported a solid fourth quarter and full year 2025 performance, marking its sixth consecutive quarter of year-over-year adjusted operating earnings growth and its highest full-year adjusted operating income in four years.</li><li>The company highlighted strategic realignment progress, operational improvements, and a more resilient capital foundation as drivers of this momentum.</li><li>The company’s capital position remains strong, with levels well above established buffers and improved leverage ratios, providing flexibility in capital management.</li></ul>

Lincoln Financial Group reported a solid fourth quarter and full year 2025 performance, marking its sixth consecutive quarter of year-over-year adjusted operating earnings growth and its highest full-year adjusted operating income in four years.The company highlighted strategic realignment progress, operational improvements, and a more resilient capital foundation as drivers of this momentum.The company’s capital position remains strong, with levels well above established buffers and improved leverage ratios, providing flexibility in capital management.

링컨 내셔널 코퍼레이션은 생명보험 사업을 개선하고 있지만, 과연 잉여현금흐름이 지속 가능한 수준으로 회복될 수 있을까?

Lincoln National

링컨 내셔널 코퍼레이션은 생명보험 사업을 개선하고 있지만, 과연 잉여현금흐름이 지속 가능한 수준으로 회복될 수 있을까?