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TranscriptFY2026 Q32026-10-23FY2026 Q3 earnings call transcript
Earnings source - 51 paragraphs
FY2026 Q3 earnings call transcript
May differ materially from these statements due to a variety of factors, including the precautionary statements referenced in the preface of our presentation and those included in our most recent annual and quarterly reports filed with the SEC. Please note that certain information presented is preliminary and based upon data available at this time. Except to the extent required by law, we expressly disclaim any obligation to update earlier statements as a result of new information. Additionally, this presentation includes certain non-GAAP measures, including tangible common equity and tangible book value per share. A reconciliation of these measures to the nearest GAAP measure may be found in the appendix to this presentation, which is posted on our website at ir.hilltop.com. I'll now turn the presentation over to Jeremy Ford.
Thank you, Matt, and good morning. For the third quarter, Hilltop reported net income of $24.9 million, or $0.44 per diluted share. Return on average assets for the period was 0.67%, and return on average equity was 4.7%. To summarize the lines of business, PlainsCapital Bank further realized growth in core loans and deposits while expanding net interest margin to deliver $44 million in pre-tax income. PrimeLending reported a pre-tax loss of $11 million as the mortgage market worked through a drastic intra-quarter increase in mortgage rates. HilltopSecurities delivered $7 million of pre-tax income as material interest rate volatility in the quarter pressured the trading business lines at the firm. At PlainsCapital Bank, strong growth across our markets in both core loans and deposits drove an increase in net interest income and a resulting increase in pre-provision net revenue on a quarter-over-quarter and year-over-year basis.
Offsetting this increase in pre-provision earnings was a $10.1 million provision for credit loss, which brought the bank's return on average assets to 1.06% for the quarter. The continued growth in core loans at the bank was accompanied by a healthy expansion in the loan pipeline during the third quarter as our markets continued to execute on banker recruiting and focused growth initiatives. Net interest margin also expanded, increasing over 25 basis points on a year-over-year basis to 3.49%, driven by stable deposit costs and upward repricing of our loan portfolio. September's increase in the effective fed funds rate did have an immediate impact on the yield generated on cash, but only marginally impacted the bank's results in the quarter. We expect there to be upward pressure on deposit costs going forward, which Will is going to speak to later in this presentation.
During the quarter, PlainsCapital Bank saw an increase in deposit balances of $500 million as both large balance customers and new granular depositors provided net growth. In the fourth quarter, we anticipate deposit balance to continue to seasonally expand. Notably, PlainsCapital Bank increased deposits swept over from HilltopSecurities during the third quarter by $100 million. While the bank did realize a $10.1 million provision expense during the quarter, we remain positively inclined on the overall health of the loan portfolio. Will is going to provide further commentary on credit in his prepared remarks. The Texas economy continues to expand and provides a great operating environment for our bank. We believe our longstanding relationship-based approach to commercial banking will continue to allow us to drive long-term growth while maintaining strong credit standards. Moving to PrimeLending, where the company reported a pre-tax loss of $10.8 million during the third quarter.
The dramatic increase in interest rates, specifically during the month of September, when 30-year average mortgage rates increased by nearly 70 basis points, put downward pressure on purchase activity across the market. Further, the sudden increase in rates negatively impacted the fair market value of loans within PrimeLending's existing pipeline. While we actively manage a hedge book against this pipeline, the effectiveness of those hedges deteriorates when the size and velocity of an interest rate move mirrors that which occurred in the third quarter. Additionally, the affordability headwinds faced by homebuyers, such as homeowners insurance, property taxes, and entry priced inventory, continue to stress volumes. We remain focused on the controllable aspects of PrimeLending's business, namely achieving operating, recruiting, and productivity goals as we work diligently to right size the business to best fit this persistently difficult market.
We do expect the fourth quarter to remain challenged given the combination of the typically seasonally slow period and elevated long-term rates. During the quarter, HilltopSecurities generated pre-tax income of $7 million on net revenue of $117 million for a pre-tax margin of 5.9%. Speaking to the business lines at HilltopSecurities, Public Finance Services realized another strong quarter of top-line results with $37 million of net revenue, which is in line with the third quarter of 2025. As we articulated during last quarter's call, we continue to see a robust municipal issuance market. As a market leader within the public entity advisory world, we will continue to look for ways to expand our product offerings and function as a full-service solution provider to our valued clients.
Both Structured Finance and Fixed Income Services faced a very challenging market due to elevated volatility, specifically in September, in long duration bonds. The size and speed of this move reduced the effectiveness of our hedging programs. Within Structured Finance, demand for prepayment protected collateral weakened as the market's rate expectations shifted. Finally, Wealth Management showed continued strength across the retail and clearing segments as top-line revenue was ahead of prior year third quarter. Given the expectation for higher fed funds rate, we anticipate results will remain robust through the end of the year. The volatile interest rate market that HilltopSecurities faced during the third quarter pressured both top-line and bottom-line results and weighed on the firm's pre-tax margin. We do expect to see continued strength in the coming quarters from Public Finance and Wealth Management as customer activity within those segments remains healthy.
As we finish the year, the more interest rate sensitive segments of Structured Finance and Fixed Income Services will continue to execute with prudence. Moving to page four. Hilltop maintains strong capital levels with a common equity tier one capital ratio of 18.3%. Additionally, our tangible book value per share realized a modest quarter-over-quarter decline to $32.20. During the quarter, we returned $33 million to stockholders, consisting of $12.6 million in dividends and $20 million in share repurchases. Thank you. I'll now turn the presentation over to Will to discuss our financials in more detail.
Thank you, Jeremy. I'll start on page five. As Jeremy noted, for the third quarter of 2026, Hilltop reported consolidated income attributable to common stockholders of $24.9 million, equating to $0.44 per diluted share. The quarter's results reflect both the impacts of the turbulent interest rate market and the resilience of Hilltop's diversified operating model. As it relates to interest rates, the directional shift in market perspective from potential declining short-term interest rates to a market decidedly pointing towards higher short-term interest rates occurred during July. This shift, combined with the rise in 10-year yields to multi-year highs in September, created a confluence of events that yielded substantial valuation adjustments during the third quarter period. In both the broker-dealer and mortgage segments, we realized valuation marks related largely to the mortgage pipelines and other trading assets.
In total, the mark-to-market losses capturing both rate and volume impacts that are reflected in the third quarter equated to approximately $16 million on a pre-tax basis. In addition, Hilltop's reported negative AOCI impact equated to approximately $21 million, which reflects the impact of mark-to-market adjustments in the AFS securities portfolio net of hedges. The quarter also included net valuation gains of $4.6 million related to Hilltop's merchant banking portfolio investments. Through the volatility in the markets, Hilltop's diversified model continued to produce solid foundational results, highlighted with growth in net interest income of $10 million or 9% versus the prior year period. This was driven by commercial loan and deposit growth at the bank. Lastly, the quarter was impacted by higher provision for credit loss expense, led by a build in the allowance, which I'll discuss as we turn to page six.
Hilltop's allowance for credit losses increased during the quarter by $9 million to $94 million, resulting in a coverage ratio of ACL to loans HFI of 1.07%. As is noted in the graph, collective reserves related to the portfolio changes increased by $8 million. This increase in the ACL reflected both the impact of net loan growth of $3.6 million and approximately $4.4 million related to the net impact of risk rating adjustments in the period. In addition to the ACL build, the allowance for unfunded reserves also increased in the period by $1.5 million. The expense for this change is reported in other non-interest expense.
While we recognize there continues to be volatility in the interest rate markets and ongoing conflict in the Middle East, midterm elections and other issues that could contribute to credit risk, we continue to monitor the portfolio closely, focusing on areas that we believe may pose future risk to the bank. While at any point we could have an idiosyncratic event with an existing client, we do not anticipate any significant systemic risk across the portfolio at this time. Lastly, and as we've stated over time, the allowance for credit losses estimate can be volatile as the computations and assessment include, but are not limited to, the following: assumptions related to economic activity, inflation, interest rates, employment levels, and specific credit activities within our portfolio, all of which can be volatile from period to period. I'm turning to page seven.
Net interest income in the third quarter equated to $122 million, including approximately $830,000 of purchase accounting accretion. Versus the prior year third quarter, net interest income increased by $10 million or 9%, driven by improving deposit cost coupled with growth in commercial loans. During the third quarter, net interest margin increased versus the second quarter of 2026 by 12 basis points to 333 basis points. The increase in NIM was largely driven by relatively stable deposit costs from period to period and improving loan yields reflecting the positive impact of new business booked throughout the first three quarters of 2026. Our current internal rate outlook anticipates one additional 25 basis point rate increase in 2026. Under this rate scenario, we expect that NII levels will continue to move modestly higher, largely driven by expected loan growth within our banking segment.
Additionally, we anticipate that interest-bearing deposit betas, which averaged approximately 74% through the most recent rate reduction cycle, will revert to our model betas of 55%-60% during any prolonged rate increase cycle. Turning to page eight. Third quarter average total deposits are approximately $10.7 billion, reflecting growth in customer deposits across both interest-bearing and non-interest-bearing deposits. In addition, we are very pleased with the retention of our non-interest-bearing deposits over the last year and the work that our treasury services team continues to do to serve our clients and support the growth in our commercial deposit base each day. Related to deposit rates, both interest-bearing deposit cost and the cost of total deposits remained relatively stable versus the second quarter of 2026 levels.
As noted previously, given our current interest rate outlook, we do expect that interest-bearing deposit yields have reached their trough levels for the cycle and will likely trend higher with short-term market interest rates over time. Turning to page nine. Total non-interest income for the third quarter of 2026 equated to $187 million. Versus the same period in the prior year, mortgage revenues declined by $9 million, which includes the impact of mark-to-market losses on the pipeline during the quarter. These market valuation impacts were driven by higher market rates, causing hedge ineffectiveness and lower rate lock volumes, which declined 18% to $2.2 billion from the prior year period. In addition, gain on sale margins for loans sold to third parties declined 26 basis points to 200 basis points as softness in demand has led to continued margin compression.
With mortgage rates remaining near 7%, overall home affordability remains a challenge across the country, and we believe that these issues will negatively impact mortgage sales activity into 2027. With that market perspective as the backdrop, the leadership team at PrimeLending is focused on continuing to optimize cost and productivity across the middle and back office functions, selectively expanding our client-facing sales team across the country, and optimizing our pricing to support sustainable, profitable growth in the future. Principal transactions, commissions, and fees declined from lower overall trading activity in municipals, derivatives, and MBS during the quarter and includes $6.6 million in pre-tax mark-to-market valuation losses for the third quarter related to our mortgage trading pipeline.
While the trading market was volatile and generated significant swings in value throughout the quarter, the hedging program operated within our risk management framework, and if market conditions improve, we remain well-positioned to benefit in future periods. Turning to page 10. Non-interest expenses declined from the same period in the prior year by $7.8 million to $264 million. The decline in expenses versus the prior year third quarter was driven by decreases in variable compensation, largely related to lower non-interest revenue production at the broker-dealer and in the mortgage origination segment. Looking forward, we expect that expenses other than variable compensation will remain relatively stable at current levels as we remain diligently focused on prudent growth of revenue producers while continuing to gain efficiencies across our middle and back office functions. I'm turning to page 11. Third quarter average HFI loans equated to $8.7 billion.
On a period-ending basis, HFI loans increased versus the second quarter of 2026 by $134 million, driven largely by new origination volume and the funding of prior commitments in commercial real estate. On an ending balance basis, loans have grown versus third quarter 2025 by $580 million or 7%. While commercial loans have maintained a positive growth trend, the market for funded loans remains intense, with competitive pressures coming from both pricing and structure. Based on performance year-to-date, our current pipeline levels, and giving consideration to expected payoffs during the fourth quarter, we expect full year average total bank loans to increase by 7%-8% from 2025 levels, excluding mortgage warehouse lending and any retained mortgages from PrimeLending. Turning to page 12.
Starting in the upper right chart, NPA levels have declined from the second quarter of 2026 by $2 million to $60 million and continues to reflect generally positive trends in our HFI loan portfolio. Moving to the bottom left chart, net charge-offs for the quarter equated to $1.2 million, or 6 basis points of the overall loan portfolio. As I remarked earlier, we do not anticipate any systemic exposure across our portfolio, but we remain vigilant in our assessment of risk, negative credit migration, and are focused on early detection and aggressive workout when necessary. As is shown on the graph at the bottom right of the page, the allowance for credit loss coverage at the bank into the third quarter at 1.11%, including mortgage warehouse lending. Turning to page 13.
As we enter the fourth quarter of 2026, there continues to be a lot of uncertainty in the market regarding interest rates, inflation, and the overall health of the economy. Given these uncertainties, our teams remain focused on controlling what we can with a focus on producing quality outcomes for our clients, associates, and the communities we serve. As is noted in the table, our outlook for 2026 reflects our current assessment of the economy and the markets where we participate. Further, as the market changes and we adjust our business to respond, we will provide updates to our outlook on our future quarterly calls. Operator, that concludes our prepared comments, and we'll turn the call back to you for the Q&A section of the call.
We will now begin the question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. We ask that you pick up your handset when asking a question to allow for optimum sound quality. If you are muted locally, please remember to unmute your device. Please stand by while we compile the Q&A roster. Your first question comes from the line of Hannah Wynn with KBW. Your line is open. Please go ahead.
Hi. Good morning, guys.
Good morning.
Morning.
I wanted to start on mortgage. I know you talked a lot in your prepared remarks about the weaker activity and pipelines that you saw this quarter related to the rate environment, and that you expect this business to be under pressure through 2027. Just curious how we should think about the puts and takes for this business, and if you could give a little more color on how you are seeing the pipelines from here. Also on the expense side, if we should expect to see continued losses, or if there is room to lower that expense base and move closer to a break even.
Morning, Hannah. I think as we will address the last part there first. From a non-interest expense perspective, we remain focused on productivity and adjusting the business to the current market environment. While we do expect the origination market to remain challenged, given where rates are and where affordability stands across the country, objectively, we are going to focus on managing expenses to a level appropriate given where we believe the market conditions are headed. On the pipeline side, again, we have seen as rates moved higher, we saw a pretty marked pullback in overall activity, as I noted in my comments around lock volume there, specifically later part of the third quarter. We expect, as we noted, we expect that to continue. That said, the team at PrimeLending continues to be focused on recruiting top-performing LOs across the country.
We are looking to grow the business very thoughtfully in a profitable way as we go forward. Again, it is a challenging environment, and again, we are going to do everything in our power to drive toward profitability, but also support our LOs across the country to help them generate as much volume as they can.
Great. That is very helpful. Thank you. On the margin side, we saw the margin take a nice step up this quarter, which was great to see. Can you just talk about how much runway you still see from loan repricing and where you expect the margin to trend with here? I know you mentioned there was increased deposit competition, and you expect those to go up. Just curious where you expect the overall NIM to go.
Yeah. I think it will be a story of two different metrics. I think from a net interest income perspective, we are seeing and we expect to continue to see positive trajectory in overall revenue there. We moved to $122 million in the quarter. Given where our loan growth trends have been, as well as where our pipeline for commercial activity currently sits, we do continue to feel comfortable and confident in the trajectory of NII. But the growth will be driven largely on the asset side as we think about overall loan growth. I did note that deposit costs likely have reached their trough for this point in the cycle. We believe that to be true, and as short-term rates start to move higher, we do expect there will be intense competition for deposits, and that will drive overall interest-bearing deposit costs likely higher.
Right now, currently from a competitive perspective, I think largely seeing rational activity, notwithstanding some new entrants in the market that have got some special offer rates. We are competing with that every day. But overall, from a NIM perspective, we would expect to see NIM level out and potentially travel a little lower from these levels, from the 333 level. But again, we will trade net interest income for a modestly lower NIM as we go forward.
Great. Thank you for that color. Thanks for taking my questions. I will step back.
Thank you.
Thank you.
Your next question comes from the line of Matt Olney with Stephens. Your line is open. Please go ahead.
Hey, thanks. Good morning, everybody. Good morning. Wanted to ask more about the loan growth trends that we saw at the bank. Look really strong. Any more color on the drivers of that loan growth? I know there's lots of disruption in your markets. I'm curious if this is benefiting some of your volumes. I think I heard Will mention expectations of some higher payoffs in the fourth quarter. Any more color there? I'm just curious if this momentum that we're seeing this year can continue into 2027. Thanks.
Well, thanks for the question. Yeah. We've seen a positive trajectory in our commercial loans. As we noted, we've seen about 7% overall growth. That's largely driven by our regions across the state of Texas and the good work the teams are doing there. We have seen a lot of our growth. About $300 million of growth come from our CRE portfolio and the balance from C&I. As we look forward, again, the pipelines remain robust. The activity the team's generating is robust. We do feel like we're benefiting from some of the transactional activity in the market, given some of the transactions that have executed. The team is actively and aggressively recruiting new bankers to the platform, and we're being successful in that endeavor.
We're very positive on where the bank is in terms of recruiting producers, as well as the activity that our bankers have been able to produce. On the payoff side, just to clean that up. While the outlook considers what we would call a standard level of payoffs in the quarter. Nothing outsized expected in the fourth quarter. Nonetheless, we always try to consider that in our outlook. Again, solid momentum, a lot of good activity. Pipelines remain very strong. Recruiting has been a positive lift, as well as the productivity of our bankers across the footprint. On the loan and deposit side of the bank, we're pretty confident about where the trends are pointing.
Okay. Thank you for all the detail there, Will. I guess shifting over towards capital, we saw the repurchase activity this quarter, a little bit slower. Is this valuation driven? Longer blackouts? Any color you can speak to as far as the buyback that we saw in the third quarter? I think you still have quite a bit remaining in the authorization before it expires in January. What is the appetite to complete this authorization before expiration? Thanks.
Yeah, the third quarter, I think, shows good prudence and execution by us, in that the stock price was elevated. Also we saw rates climbing and knew that that would have an implication on AOCI. So that is why we only did $20 million in the quarter versus $50 million in the two prior quarters. We are going to go back and look at this quarter as well. We have got $85 million of authorization left. I do not think we would be able to achieve that in one quarter. But we will be available to transact when the window opens.
Okay. Thanks for all the color. I will step back.
All right. Thanks, Matt.
Your next question comes from the line of Evan Yee with Raymond James. Your line is open. Please go ahead.
Hey, good morning. Thank you for taking our questions. Just real quick, I know you touched on expenses a little bit, but could you shed some more color on what drove the improvement in the non-variable expense outlook for the year and how we should think about that headed into next year? Just trying to appreciate the puts and takes there. Thanks.
Yeah. Again, as we've looked at expenses, and we've said this for a series of quarters, our priorities are these. We're looking to continue to grow our productive sales resources across all of our businesses, and that's the broker-dealer, the mortgage business, as well as the bank. I think each team and leadership team there is focused on doing that. But in that, we're also focused on driving productivity, both from enhanced leverage of some of the technology that's available to us, but also process improvement. I think the team has been very good and prudent in managing that over the last couple of years. We're very pleased we've been able to keep our expenses, other than variable compensation, stable now for a series of quarters.
Again, where we are is we continue to make progress on some initiatives that we've got across the organization, again, not named initiatives, but just the work the team's doing every day. We believe expenses will be a little lower. That is really what drove the change in the guidance. Again, it's kind of a foundational effort every day here to drive expenses and productivity while continuing to invest in productive resources for the organization.
Okay, great. Switching over to the balance sheet, you had solid deposit growth this quarter. I appreciate that you reiterated your outlook for 2026, but could you provide any color on how we should think about that growth going into 2027? Thanks.
Yeah, I think from a deposit growth perspective, we continue to be focused on growing low cost and core granular deposits across our business. We are principally a commercially oriented bank, so that starts with the treasury team and what I noted in my comments around their efforts to further provide quality services to our customers, therefore driving largely commercial deposits as well as being competitive from an interest rate perspective. We've got a number of initiatives across the footprint to grow and engage more customers and grow our customer base from a deposit perspective. But again, I think that will remain competitive and has been probably the place we've seen as much competition as anything for the new entrants as it relates to some of the M&A transactions that have occurred from offer rates and teaser rates and the like.
We see a positive trajectory in deposits, I think, going into 2027. But again, we'll update that guidance as we roll into the January meeting.
Okay, great. Thank you. I'll step back.
Thank you.
We have reached the end of the Q&A session. This concludes today's call. Thank you for attending. You may now disconnect.
Related articleQuarter not tagged2026-10-22Hilltop Holdings (HTH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks
Hilltop Holdings (HTH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Hilltop Holdings (HTH) reported $309.51 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 6.3%. EPS of $0.44 for the same period compares to $0.74 a year ago. The reported revenue represents a surprise of -3.23% over the Zacks Consensus Estimate of $319.86 million. With the consensus EPS estimate being $0.64, the EPS surprise was -31.25%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Hilltop Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: - Net Interest Margin: 3.3% versus 3.2% estimated by four analysts on average. - Non-accrual loans: $51.4 million versus the three-analyst average estimate of $52.08 million. - Efficiency Ratio: 53.7% versus the three-analyst average estimate of 82.4%. - Average Outstanding Balance - Interest-earning assets, gross: $14.57 billion compared to the $14.65 billion average estimate based on three analysts. - Non-performing assets: $60.22 million versus $60.12 million estimated by three analysts on average. - Net Interest Income (FTE): $123.13 million compared to the $116.97 million average estimate based on four analysts. - Net Interest Income: $122.37 million compared to the $116.14 million average estimate based on four analysts. - Total Noninterest Income: $187.14 million compared to the $203.71 million average estimate based on four analysts. - Investment banking, advisory and administrative fees: $54.13 million versus $46.33 million estimated by two analysts on average. - Mortgage loan origination fees: $27.25 million versus the two-analyst average estimate of $28.01 million. - Noninterest income- Other: $19.1 million versus $14.97 million estimated by two analysts on average. - Net gains from sale of loans and other mortgage production income: $40.43 million versus the two-analyst average estimate of $52.57 million. View all Key…Read full documentShow less
Hilltop Holdings (HTH) reported $309.51 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 6.3%. EPS of $0.44 for the same period compares to $0.74 a year ago. The reported revenue represents a surprise of -3.23% over the Zacks Consensus Estimate of $319.86 million. With the consensus EPS estimate being $0.64, the EPS surprise was -31.25%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Hilltop Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: - Net Interest Margin: 3.3% versus 3.2% estimated by four analysts on average. - Non-accrual loans: $51.4 million versus the three-analyst average estimate of $52.08 million. - Efficiency Ratio: 53.7% versus the three-analyst average estimate of 82.4%. - Average Outstanding Balance - Interest-earning assets, gross: $14.57 billion compared to the $14.65 billion average estimate based on three analysts. - Non-performing assets: $60.22 million versus $60.12 million estimated by three analysts on average. - Net Interest Income (FTE): $123.13 million compared to the $116.97 million average estimate based on four analysts. - Net Interest Income: $122.37 million compared to the $116.14 million average estimate based on four analysts. - Total Noninterest Income: $187.14 million compared to the $203.71 million average estimate based on four analysts. - Investment banking, advisory and administrative fees: $54.13 million versus $46.33 million estimated by two analysts on average. - Mortgage loan origination fees: $27.25 million versus the two-analyst average estimate of $28.01 million. - Noninterest income- Other: $19.1 million versus $14.97 million estimated by two analysts on average. - Net gains from sale of loans and other mortgage production income: $40.43 million versus the two-analyst average estimate of $52.57 million. View all Key Company Metrics for Hilltop Holdings here>>> Shares of Hilltop Holdings have returned -4.4% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hilltop Holdings Inc. (HTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Related articleQuarter not tagged2026-10-22Hilltop Holdings (HTH) Q3 Earnings and Revenues Miss Estimates
Zacks
Hilltop Holdings (HTH) Q3 Earnings and Revenues Miss Estimates
Hilltop Holdings (HTH) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -31.25%. A quarter ago, it was expected that this insurance holding compnay would post earnings of $0.42 per share when it actually produced earnings of $0.63, delivering a surprise of +50%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Hilltop Holdings, which belongs to the Zacks Banks - Southeast industry, posted revenues of $309.51 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 3.23%. This compares to year-ago revenues of $330.2 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Hilltop Holdings shares have added about 7.5% since the beginning of the year versus the S&P 500's gain of 13.3%. While Hilltop Holdings has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Hilltop Holdings was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list…Read full documentShow less
Hilltop Holdings (HTH) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -31.25%. A quarter ago, it was expected that this insurance holding compnay would post earnings of $0.42 per share when it actually produced earnings of $0.63, delivering a surprise of +50%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Hilltop Holdings, which belongs to the Zacks Banks - Southeast industry, posted revenues of $309.51 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 3.23%. This compares to year-ago revenues of $330.2 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Hilltop Holdings shares have added about 7.5% since the beginning of the year versus the S&P 500's gain of 13.3%. While Hilltop Holdings has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Hilltop Holdings was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.65 on $321.33 million in revenues for the coming quarter and $2.55 on $1.26 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Colony Bankcorp (CBAN), is yet to report results for the quarter ended September 2026. The results are expected to be released on October 28. This bank holding company is expected to post quarterly earnings of $0.52 per share in its upcoming report, which represents a year-over-year change of +10.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Colony Bankcorp's revenues are expected to be $41.2 million, up 25.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hilltop Holdings Inc. (HTH) : Free Stock Analysis Report Colony Bankcorp, Inc. (CBAN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Related articleQuarter not tagged2026-10-22Hilltop Q3 Earnings, Revenue Fall; Dividend Maintained
MT Newswires
Hilltop Q3 Earnings, Revenue Fall; Dividend Maintained
Hilltop (HTH) reported Q3 earnings late Thursday of $0.44 per diluted share, down from $0.74 a year earlier. Four analysts polled by FactSet expected $0.64. Revenue for the three months ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $309.5 million, down from $330.2 million a year earlier. Four analysts expected $320.4 million. The company maintained its quarterly dividend at $0.22 per share, payable Nov. 20 to stockholders of record Nov. 6.
Related articleQuarter not tagged2026-10-22Hilltop Holdings: Q3 Earnings Snapshot
Associated Press
Hilltop Holdings: Q3 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Hilltop Holdings Inc. (HTH) on Thursday reported third-quarter profit of $24.9 million. The bank, based in Dallas, said it had earnings of 44 cents per share. The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. The insurance holding compnay posted revenue of $379 million in the period. Its revenue net of interest expense was $309.5 million, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $319.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTH at https://www.zacks.com/ap/HTH
Related articleQuarter not tagged2026-10-22Hilltop Holdings Inc. Announces Financial Results for Third Quarter 2026
Business Wire
Hilltop Holdings Inc. Announces Financial Results for Third Quarter 2026
DALLAS, October 22, 2026--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) ("Hilltop") today announced financial results for the third quarter of 2026. Hilltop produced income attributable to common stockholders of $24.9 million, or $0.44 per diluted share, for the third quarter of 2026, compared to $45.8 million, or $0.74 per diluted share, for the third quarter of 2025. Hilltop also announced that its Board of Directors declared a quarterly cash dividend of $0.22 per common share, payable on November 20, 2026 to all common stockholders of record as of the close of business on November 6, 2026. Additionally, during the third quarter of 2026, Hilltop paid $20.0 million to repurchase an aggregate of 512,075 shares of its common stock at an average price of $38.96 per share pursuant to the 2026 stock repurchase program. These shares were returned to the pool of authorized but unissued shares of common stock. As a result of share repurchases during 2026, Hilltop has approximately $86 million of available share repurchase capacity through the expiration of the 2026 stock repurchase program in January 2027. The extent of the impact of uncertain economic conditions on our financial performance during the remainder of 2026 will depend in part on developments outside of our control, including, among others, changes in the political environment, the impact of tariffs and reciprocal tariffs, the timing and significance of further changes in U.S. Treasury yields and mortgage interest rates, and a volatile economic forecast. These conditions, coupled with exposure to changes in funding costs, inflationary pressures, elevated energy prices, and international armed conflicts and their impact on supply chains within our business segments during the third quarter of 2026 have had, and are expected to continue to have, an adverse impact on our operating results during the remainder of 2026. Jeremy B. Ford, Chairman, President and CEO of Hilltop, said, "Through a volatile quarter marked by a policy reversal from the Federal Reserve and rapidly rising rates, Hilltop delivered a 0.67% return on average assets and returned approximately $33 million to stockholders through dividends and share repurchases. "During the third quarter, PlainsCapital Bank generated a 1.1% return on average assets and $44 million of pre-tax income as healthy net interest margin expansion and earning…Read full documentShow less
DALLAS, October 22, 2026--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) ("Hilltop") today announced financial results for the third quarter of 2026. Hilltop produced income attributable to common stockholders of $24.9 million, or $0.44 per diluted share, for the third quarter of 2026, compared to $45.8 million, or $0.74 per diluted share, for the third quarter of 2025. Hilltop also announced that its Board of Directors declared a quarterly cash dividend of $0.22 per common share, payable on November 20, 2026 to all common stockholders of record as of the close of business on November 6, 2026. Additionally, during the third quarter of 2026, Hilltop paid $20.0 million to repurchase an aggregate of 512,075 shares of its common stock at an average price of $38.96 per share pursuant to the 2026 stock repurchase program. These shares were returned to the pool of authorized but unissued shares of common stock. As a result of share repurchases during 2026, Hilltop has approximately $86 million of available share repurchase capacity through the expiration of the 2026 stock repurchase program in January 2027. The extent of the impact of uncertain economic conditions on our financial performance during the remainder of 2026 will depend in part on developments outside of our control, including, among others, changes in the political environment, the impact of tariffs and reciprocal tariffs, the timing and significance of further changes in U.S. Treasury yields and mortgage interest rates, and a volatile economic forecast. These conditions, coupled with exposure to changes in funding costs, inflationary pressures, elevated energy prices, and international armed conflicts and their impact on supply chains within our business segments during the third quarter of 2026 have had, and are expected to continue to have, an adverse impact on our operating results during the remainder of 2026. Jeremy B. Ford, Chairman, President and CEO of Hilltop, said, "Through a volatile quarter marked by a policy reversal from the Federal Reserve and rapidly rising rates, Hilltop delivered a 0.67% return on average assets and returned approximately $33 million to stockholders through dividends and share repurchases. "During the third quarter, PlainsCapital Bank generated a 1.1% return on average assets and $44 million of pre-tax income as healthy net interest margin expansion and earning asset growth were partially offset by a $10 million provision for credit losses. PrimeLending reported a pre-tax loss of $11 million as the dramatic intra-quarter increase in mortgage rates depressed purchase activity across the market and reduced the mark-to-market value of existing loans in the pipeline. We continue to focus on best positioning the business for success in this persistently challenging environment. HilltopSecurities produced a 5.9% pre-tax margin on $117 million of net revenues to deliver $7 million in pre-tax income, primarily driven by strong results within its Public Finance Services and Wealth Management business lines. Alternatively, the more interest rate-sensitive business lines, Structured Finance and Fixed Income Services, were negatively impacted during the quarter primarily due to the speed and size of the change in long-term interest rates. "As 2026 draws to a close, we remain committed to providing exceptional service to our clients, executing on our strategic plans and creating long-term value for our stockholders." Third Quarter 2026 Highlights for Hilltop: - The provision for credit losses was $10.2 million during the third quarter of 2026, compared to a reversal of credit losses of $1.0 million in the second quarter of 2026 and a reversal of credit losses of $2.5 million in the third quarter of 2025; - The provision for credit losses during the third quarter of 2026 was primarily driven by loan portfolio changes within the banking segment, including changes in loan mix and risk rating grade migration, net loan growth, a build in the allowance related to specific reserves, and changes in the U.S. economic outlook associated with collectively evaluated loans since the prior quarter. - For the third quarter of 2026, net gains from sale of loans and other mortgage production income and mortgage loan origination fees was $67.7 million, compared to $76.6 million in the third quarter of 2025, an 11.6% decrease; - Mortgage loan origination production volume was $2.2 billion during the third quarter of 2026, compared to $2.3 billion during the third quarter of 2025; - Net gains from mortgage loans sold to third parties, including broker fee income, decreased to 211 basis points during the third quarter of 2026, compared to 229 basis points in the second quarter of 2026. - Hilltop's consolidated annualized return on average assets and return on average stockholders' equity for the third quarter of 2026 were 0.67% and 4.67%, respectively, compared to 1.20% and 8.35%, respectively, for the third quarter of 2025; - Hilltop's book value per common share decreased to $36.99 at September 30, 2026, compared to $37.12 at June 30, 2026; - Hilltop's total assets were $16.2 billion and $16.0 billion at September 30, 2026 and June 30, 2026, respectively; - Loans1, net of allowance for credit losses, were $8.3 billion and $8.2 billion at September 30, 2026 and June 30, 2026, respectively; - Non-accrual loans were $51.4 million, or 0.54% of total loans, at September 30, 2026, compared to $54.8 million, or 0.57% of total loans, at June 30, 2026; - Loans held for sale decreased by 37.7% from June 30, 2026 to $625.6 million at September 30, 2026; - Total deposits2 were $11.0 billion and $10.5 billion at September 30, 2026 and June 30, 2026, respectively; - Hilltop maintained strong capital levels with a Tier 1 Leverage Ratio3 of 12.63% and a Common Equity Tier 1 Capital Ratio of 18.28% at September 30, 2026; - Hilltop's consolidated net interest margin4 increased to 3.33% for the third quarter of 2026, compared to 3.21% in the second quarter of 2026; - For the third quarter of 2026, noninterest income was $187.1 million, compared to $217.8 million in the third quarter of 2025, a 14.1% decrease; - For the third quarter of 2026, noninterest expense was $264.1 million, compared to $271.9 million in the third quarter of 2025, a 2.9% decrease; and - Hilltop's effective tax rate was 25.2% during the third quarter of 2026, compared to 23.2% during the same period in 2025. - The effective tax rate for the third quarter of 2026 was higher than the applicable statutory rate primarily due to the impact of nondeductible expenses, nondeductible compensation expense, valuation allowances and other permanent adjustments, partially offset by investments in tax-exempt instruments. ________________________________________ 1 | "Loans" reflect loans held for investment excluding broker-dealer margin loans, net of allowance for credit losses, of $390.2 million and $406.3 million at September 30, 2026 and June 30, 2026, respectively. 2 | Total deposits at September 30, 2026 included estimated uninsured deposits of $6.0 billion, or approximately 55% of total deposits, while estimated uninsured deposits, excluding collateralized deposits of $586.7 million and internal accounts of $380.8 million, were $5.1 billion, or approximately 46% of total deposits. 3 | Based on the end of period Tier 1 capital divided by total average assets during the quarter, excluding goodwill and intangible assets. 4 | Net interest margin is defined as net interest income divided by average interest-earning assets. Consolidated Financial and Other Information | | | | | | | | | | | | | | | Consolidated Balance Sheets | | September 30, | | June 30, | | March 31, | | December 31, | | September 30, (in 000's) | | 2026 | | | 2026 | | | 2026 | | | 2025 | | | 2025 | Cash and due from banks | | $ | 1,205,044 | | | $ | 750,508 | | | $ | 874,194 | | | $ | 1,231,944 | | | $ | 1,277,283 | Federal funds sold | | | 650 | | | | 650 | | | | 650 | | | | 650 | | | | 650 | Assets segregated for regulatory purposes | | | 17,984 | | | | 17,827 | | | | 17,673 | | | | 20,211 | | | | 5,050 | Securities purchased under agreements to resell | | | 119,534 | | | | 112,496 | | | | 133,088 | | | | 55,977 | | | | 78,909 | Securities: | | | | | | | | | | | | | | | Trading, at fair value | | | 596,565 | | | | 674,054 | | | | 698,106 | | | | 617,408 | | | | 574,434 | Available for sale, at fair value, net (1) | | | 1,372,913 | | | | 1,450,592 | | | | 1,469,670 | | | | 1,491,048 | | | | 1,443,612 | Held to maturity, at amortized cost, net (1) | | | 740,235 | | | | 745,175 | | | | 759,628 | | | | 728,329 | | | | 755,012 | Equity, at fair value | | | 293 | | | | 287 | | | | 238 | | | | 265 | | | | 248 | | | | 2,710,006 | | | | 2,870,108 | | | | 2,927,642 | | | | 2,837,050 | | | | 2,773,306 | Loans held for sale | | | 625,597 | | | | 1,004,118 | | | | 807,745 | | | | 950,142 | | | | 849,357 | Loans held for investment, net of unearned income | | | 8,807,076 | | | | 8,672,927 | | | | 8,433,673 | | | | 8,311,952 | | | | 8,227,194 | Allowance for credit losses | | | (93,862 | ) | | | (84,856 | ) | | | (88,997 | ) | | | (91,537 | ) | | | (95,168 | ) Loans held for investment, net | | | 8,713,214 | | | | 8,588,071 | | | | 8,344,676 | | | | 8,220,415 | | | | 8,132,026 | | | | | | | | | | | | | | | | Broker-dealer and clearing organization receivables | | | 1,764,729 | | | | 1,714,179 | | | | 1,625,156 | | | | 1,588,882 | | | | 1,519,005 | Premises and equipment, net | | | 131,397 | | | | 131,099 | | | | 135,551 | | | | 132,820 | | | | 136,830 | Operating lease right-of-use assets | | | 96,757 | | | | 88,325 | | | | 89,845 | | | | 83,757 | | | | 87,464 | Mortgage servicing assets | | | 28,095 | | | | 22,755 | | | | 20,045 | | | | 17,491 | | | | 12,273 | Other assets | | | 534,394 | | | | 428,111 | | | | 452,779 | | | | 432,603 | | | | 459,588 | Goodwill | | | 267,447 | | | | 267,447 | | | | 267,447 | | | | 267,447 | | | | 267,447 | Other intangible assets, net | | | 4,886 | | | | 5,125 | | | | 5,365 | | | | 5,605 | | | | 5,862 | Total assets | | $ | 16,219,734 | | | $ | 16,000,819 | | | $ | 15,701,856 | | | $ | 15,844,994 | | | $ | 15,605,050 | | | | | | | | | | | | | | | | Deposits: | | | | | | | | | | | | | | | Noninterest-bearing | | $ | 2,904,255 | | | $ | 2,744,425 | | | $ | 2,830,008 | | | $ | 2,831,919 | | | $ | 2,766,155 | Interest-bearing | | | 8,130,594 | | | | 7,769,628 | | | | 7,701,541 | | | | 8,046,161 | | | | 7,909,316 | Total deposits | | | 11,034,849 | | | | 10,514,053 | | | | 10,531,549 | | | | 10,878,080 | | | | 10,675,471 | Broker-dealer and clearing organization payables | | | 1,558,183 | | | | 1,524,115 | | | | 1,481,998 | | | | 1,518,503 | | | | 1,445,280 | Short-term borrowings | | | 825,220 | | | | 1,243,214 | | | | 990,807 | | | | 676,882 | | | | 680,979 | Securities sold, not yet purchased, at fair value | | | 105,571 | | | | 90,264 | | | | 63,346 | | | | 37,955 | | | | 65,119 | Notes payable | | | 148,762 | | | | 148,703 | | | | 148,645 | | | | 148,587 | | | | 148,530 | Operating lease liabilities | | | 112,418 | | | | 104,410 | | | | 106,166 | | | | 100,155 | | | | 104,134 | Other liabilities | | | 303,860 | | | | 219,764 | | | | 205,621 | | | | 287,226 | | | | 269,297 | Total liabilities | | | 14,088,863 | | | | 13,844,523 | | | | 13,528,132 | | | | 13,647,388 | | | | 13,388,810 | | | | | | | | | | | | | | | | Common stock | | | 568 | | | | 573 | | | | 585 | | | | 595 | | | | 613 | Additional paid-in capital | | | 932,009 | | | | 936,525 | | | | 953,176 | | | | 973,072 | | | | 998,644 | Accumulated other comprehensive loss | | | (102,372 | ) | | | (81,006 | ) | | | (82,348 | ) | | | (79,877 | ) | | | (87,254 | ) Retained earnings | | | 1,270,521 | | | | 1,270,141 | | | | 1,272,618 | | | | 1,274,611 | | | | 1,276,539 | Total Hilltop stockholders' equity | | | 2,100,726 | | | | 2,126,233 | | | | 2,144,031 | | | | 2,168,401 | | | | 2,188,542 | Noncontrolling interests | | | 30,145 | | | | 30,063 | | | | 29,693 | | | | 29,205 | | | | 27,698 | Total stockholders' equity | | | 2,130,871 | | | | 2,156,296 | | | | 2,173,724 | | | | 2,197,606 | | | | 2,216,240 | Total liabilities & stockholders' equity | | $ | 16,219,734 | | | $ | 16,000,819 | | | $ | 15,701,856 | | | $ | 15,844,994 | | | $ | 15,605,050 | ________________________________________ (1) | At September 30, 2026, the amortized cost of the available for sale securities portfolio was $1,477,022, while the fair value of the held to maturity securities portfolio was $653,508. | | | | | | | | | | | | | | | | | Three Months Ended Consolidated Income Statements | | September 30, | | June 30, | | March 31, | | December 31, | | September 30, (in 000's, except per share data) | | 2026 | | 2026 | | 2026 | | 2025 | | 2025 Interest income: | | | | | | | | | | | | | | Loans, including fees | | $ | 140,965 | | | $ | 134,532 | | | $ | 130,086 | | | $ | 133,546 | | | $ | 135,773 | Securities borrowed | | | 12,022 | | | | 15,340 | | | | 14,203 | | | | 17,753 | | | | 21,175 | Securities: | | | | | | | | | | | | | | | Taxable | | | 27,121 | | | | 28,359 | | | | 26,919 | | | | 25,088 | | | | 25,452 | Tax-exempt | | | 3,026 | | | | 3,358 | | | | 3,021 | | | | 3,509 | | | | 3,512 | Other | | | 8,687 | | | | 7,457 | | | | 10,061 | | | | 13,913 | | | | 14,349 | Total interest income | | | 191,821 | | | | 189,046 | | | | 184,290 | | | | 193,809 | | | | 200,261 | | | | | | | | | | | | | | | | Interest expense: | | | | | | | | | | | | | | | Deposits | | | 46,304 | | | | 45,285 | | | | 48,325 | | | | 54,167 | | | | 57,001 | Securities loaned | | | 10,260 | | | | 13,774 | | | | 12,842 | | | | 16,020 | | | | 19,430 | Short-term borrowings | | | 8,793 | | | | 10,441 | | | | 7,587 | | | | 7,637 | | | | 7,867 | Notes payable | | | 2,367 | | | | 2,361 | | | | 2,355 | | | | 2,317 | | | | 2,404 | Other | | | 1,727 | | | | 1,334 | | | | 1,084 | | | | 1,141 | | | | 1,171 | Total interest expense | | | 69,451 | | | | 73,195 | | | | 72,193 | | | | 81,282 | | | | 87,873 | | | | | | | | | | | | | | | | Net interest income | | | 122,370 | | | | 115,851 | | | | 112,097 | | | | 112,527 | | | | 112,388 | Provision for (reversal of) credit losses | | | 10,166 | | | | (974 | ) | | | 1,765 | | | | 7,824 | | | | (2,511 | ) Net interest income after provision for (reversal of) credit losses | | | 112,204 | | | | 116,825 | | | | 110,332 | | | | 104,703 | | | | 114,899 | | | | | | | | | | | | | | | | Noninterest income (1): | | | | | | | | | | | | | | | Net gains from sale of loans and other mortgage production income | | | 40,432 | | | | 48,583 | | | | 50,972 | | | | 49,580 | | | | 51,730 | Mortgage loan origination fees | | | 27,249 | | | | 30,294 | | | | 21,910 | | | | 26,602 | | | | 24,850 | Principal transactions, commissions and fees | | | 46,234 | | | | 64,197 | | | | 66,534 | | | | 76,033 | | | | 74,066 | Investment banking, advisory and administrative fees | | | 54,131 | | | | 44,200 | | | | 36,920 | | | | 47,627 | | | | 53,349 | Other | | | 19,096 | | | | 12,684 | | | | 12,079 | | | | 17,518 | | | | 13,812 | Total noninterest income | | | 187,142 | | | | 199,958 | | | | 188,415 | | | | 217,360 | | | | 217,807 | | | | | | | | | | | | | | | | Noninterest expense: | | | | | | | | | | | | | | | Employees' compensation and benefits | | | 179,302 | | | | 179,896 | | | | 168,962 | | | | 187,960 | | | | 190,027 | Occupancy and equipment, net | | | 19,740 | | | | 19,427 | | | | 19,829 | | | | 20,818 | | | | 19,930 | Professional services | | | 11,756 | | | | 12,647 | | | | 11,245 | | | | 12,386 | | | | 12,681 | Other | | | 53,337 | | | | 54,766 | | | | 48,267 | | | | 47,757 | | | | 49,265 | Total noninterest expense | | | 264,135 | | | | 266,736 | | | | 248,303 | | | | 268,921 | | | | 271,903 | | | | | | | | | | | | | | | | Income before income taxes | | | 35,211 | | | | 50,047 | | | | 50,444 | | | | 53,142 | | | | 60,803 | Income tax expense | | | 8,887 | | | | 12,092 | | | | 11,425 | | | | 10,218 | | | | 14,129 | Net income | | | 26,324 | | | | 37,955 | | | | 39,019 | | | | 42,924 | | | | 46,674 | Less: Net income attributable to noncontrolling interest | | | 1,424 | | | | 1,433 | | | | 1,183 | | | | 1,340 | | | | 856 | Income attributable to Hilltop | | $ | 24,900 | | | $ | 36,522 | | | $ | 37,836 | | | $ | 41,584 | | | $ | 45,818 | | | | | | | | | | | | | | | | Earnings per common share: | | | | | | | | | | | | | | | Basic | | $ | 0.44 | | | $ | 0.63 | | | $ | 0.64 | | | $ | 0.69 | | | $ | 0.74 | Diluted | | $ | 0.44 | | | $ | 0.63 | | | $ | 0.64 | | | $ | 0.69 | | | $ | 0.74 | | | | | | | | | | | | | | | | Cash dividends declared per common share | | $ | 0.22 | | | $ | 0.20 | | | $ | 0.20 | | | $ | 0.18 | | | $ | 0.18 | | | | | | | | | | | | | | | | Weighted average shares outstanding: | | | | | | | | | | | | | | | Basic | | | 57,035 | | | | 57,856 | | | | 59,124 | | | | 60,457 | | | | 62,146 | Diluted | | | 57,142 | | | | 57,950 | | | | 59,207 | | | | 60,498 | | | | 62,168 | ________________________________________ (1) | During the three months ended December 31, 2025, certain financial statement line items within the noninterest income section of the consolidated income statement were reclassified to better align disclosures to business activities. These reclassifications were applied retrospectively to all prior periods presented. Total noninterest income did not change as a result of these reclassifications. | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2026 Segment Results | | | | | | | | Mortgage | | | | | All Other and | | Hilltop (in 000's) | | Banking | | Broker-Dealer | | Origination | | Corporate | | Eliminations | | Consolidated Net interest income (expense) | | $ | 104,932 | | | $ | 12,360 | | | $ | (480 | ) | | $ | 1,405 | | | $ | 4,153 | | | $ | 122,370 | Provision for (reversal of) credit losses | | | 10,149 | | | | 17 | | | | — | | | | — | | | | — | | | | 10,166 | Noninterest income | | | 12,089 | | | | 104,265 | | | | 67,711 | | | | 7,508 | | | | (4,431 | ) | | | 187,142 | Noninterest expense | | | 62,797 | | | | 109,762 | | | | 78,013 | | | | 14,015 | | | | (452 | ) | | | 264,135 | Income (loss) before taxes | | $ | 44,075 | | | $ | 6,846 | | | $ | (10,782 | ) | | $ | (5,102 | ) | | $ | 174 | | | $ | 35,211 | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2026 Segment Results | | | | | | | | Mortgage | | | | | All Other and | | Hilltop (in 000's) | | Banking | | Broker-Dealer | | Origination | | Corporate | | Eliminations | | Consolidated Net interest income (expense) | | $ | 303,125 | | | $ | 37,234 | | | $ | (2,273 | ) | | $ | 4,290 | | | $ | 7,942 | | | $ | 350,318 | Provision for (reversal of) credit losses | | | 10,880 | | | | 76 | | | | — | | | | — | | | | — | | | | 10,956 | Noninterest income | | | 35,381 | | | | 319,432 | | | | 219,648 | | | | 9,832 | | | | (8,778 | ) | | | 575,515 | Noninterest expense | | | 185,245 | | | | 322,590 | | | | 232,532 | | | | 39,813 | | | | (1,006 | ) | | | 779,174 | Income (loss) before taxes | | $ | 142,381 | | | $ | 34,000 | | | $ | (15,157 | ) | | $ | (25,691 | ) | | $ | 170 | | | $ | 135,703 | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2025 Segment Results | | | | | | | | Mortgage | | | | | All Other and | | Hilltop (in 000's) | | Banking | | Broker-Dealer | | Origination | | Corporate | | Eliminations | | Consolidated Net interest income (expense) | | $ | 96,846 | | | $ | 12,662 | | | $ | (2,051 | ) | | $ | 443 | | | $ | 4,488 | | | $ | 112,388 | Provision for (reversal of) credit losses | | | (2,621 | ) | | | 110 | | | | — | | | | — | | | | — | | | | (2,511 | ) Noninterest income | | | 11,001 | | | | 131,832 | | | | 76,608 | | | | 3,081 | | | | (4,715 | ) | | | 217,807 | Noninterest expense | | | 55,778 | | | | 117,912 | | | | 81,791 | | | | 16,672 | | | | (250 | ) | | | 271,903 | Income (loss) before taxes | | $ | 54,690 | | | $ | 26,472 | | | $ | (7,234 | ) | | $ | (13,148 | ) | | $ | 23 | | | $ | 60,803 | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2025 Segment Results | | | | | | | | Mortgage | | | | | All Other and | | Hilltop (in 000's) | | Banking | | Broker-Dealer | | Origination | | Corporate | | Eliminations | | Consolidated Net interest income (expense) | | $ | 282,315 | | | $ | 37,381 | | | $ | (5,749 | ) | | $ | (592 | ) | | $ | 14,824 | | | $ | 328,179 | Provision for (reversal of) credit losses | | | (592 | ) | | | 79 | | | | — | | | | — | | | | — | | | | (513 | ) Noninterest income | | | 33,703 | | | | 325,271 | | | | 234,631 | | | | 45,832 | | | | (15,656 | ) | | | 623,781 | Noninterest expense | | | 166,934 | | | | 320,488 | | | | 241,187 | | | | 56,848 | | | | (905 | ) | | | 784,552 | Income (loss) before taxes | | $ | 149,676 | | | $ | 42,085 | | | $ | (12,305 | ) | | $ | (11,608 | ) | | $ | 73 | | | $ | 167,921 | | | | | | | | | | | | | | | | | | September 30, | | June 30, | | March 31, | | December 31, | | September 30, Capital Ratios | | 2026 | | 2026 | | 2026 | | 2025 | | 2025 Tier 1 capital (to average assets): | | | | | | | | | | | | | | | PlainsCapital | | | 9.74 | % | | | 9.73 | % | | | 9.54 | % | | | 10.60 | % | | | 10.74 | % Hilltop | | | 12.63 | % | | | 12.73 | % | | | 12.82 | % | | | 12.78 | % | | | 13.13 | % Common equity Tier 1 capital (to risk-weighted assets): | | | | | | | | | | | | | | | PlainsCapital | | | 12.83 | % | | | 12.50 | % | | | 12.71 | % | | | 14.49 | % | | | 14.81 | % Hilltop | | | 18.28 | % | | | 18.34 | % | | | 19.08 | % | | | 19.70 | % | | | 20.33 | % Tier 1 capital (to risk-weighted assets): | | | | | | | | | | | | | | | PlainsCapital | | | 12.83 | % | | | 12.50 | % | | | 12.71 | % | | | 14.49 | % | | | 14.81 | % Hilltop | | | 18.28 | % | | | 18.34 | % | | | 19.08 | % | | | 19.70 | % | | | 20.33 | % Total capital (to risk-weighted assets): | | | | | | | | | | | | | | | PlainsCapital | | | 13.92 | % | | | 13.47 | % | | | 13.77 | % | | | 15.60 | % | | | 15.96 | % Hilltop | | | 20.66 | % | | | 20.63 | % | | | 21.50 | % | | | 22.20 | % | | | 22.90 | % | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | September 30, | | June 30, | | March 31, | | December 31, | | September 30, Selected Financial Data | | 2026 | | 2026 | | 2026 | | 2025 | | 2025 | | | | | | | | | | | | | | | | | | | | Hilltop Consolidated: | | | | | | | | | | | | | | | | | | | | Return on average stockholders' equity | | | 4.67 | % | | | 6.89 | % | | | 7.12 | % | | | 7.60 | % | | | 8.35 | % Return on average assets | | | 0.67 | % | | | 0.99 | % | | | 1.02 | % | | | 1.09 | % | | | 1.20 | % Net interest margin (1) | | | 3.33 | % | | | 3.21 | % | | | 3.13 | % | | | 3.02 | % | | | 3.06 | % Net interest margin (taxable equivalent) (2): | | | | | | | | | | | | | | | | | | | | As reported | | | 3.35 | % | | | 3.23 | % | | | 3.15 | % | | | 3.04 | % | | | 3.09 | % Impact of purchase accounting | | | 2 bps | | | | 2 bps | | | | 4 bps | | | | 3 bps | | | | 2 bps | Book value per common share ($) | | | 36.99 | | | | 37.12 | | | | 36.63 | | | | 36.42 | | | | 35.69 | Shares outstanding, end of period (000's) | | | 56,789 | | | | 57,284 | | | | 58,530 | | | | 59,540 | | | | 61,326 | Dividend payout ratio (3) | | | 50.39 | % | | | 31.68 | % | | | 31.25 | % | | | 26.17 | % | | | 24.41 | % | | | | | | | | | | | | | | | | | | | | Banking Segment: | | | | | | | | | | | | | | | | | | | | Net interest margin (1) | | | 3.49 | % | | | 3.42 | % | | | 3.38 | % | | | 3.29 | % | | | 3.23 | % Net interest margin (taxable equivalent) (2): | | | | | | | | | | | | | | | | | | | | As reported | | | 3.50 | % | | | 3.42 | % | | | 3.39 | % | | | 3.29 | % | | | 3.23 | % Impact of purchase accounting | | | 4 bps | | | | 3 bps | | | | 5 bps | | | | 4 bps | | | | 2 bps | Accretion of discount on loans ($000's) | | | 828 | | | | 813 | | | | 1,260 | | | | 961 | | | | 572 | Net recoveries (charge-offs) ($000's) | | | (1,160 | ) | | | (3,167 | ) | | | (4,305 | ) | | | (11,455 | ) | | | (282 | ) Return on average assets | | | 1.06 | % | | | 1.28 | % | | | 1.17 | % | | | 1.05 | % | | | 1.34 | % Fee income ratio | | | 10.3 | % | | | 10.9 | % | | | 10.1 | % | | | 11.0 | % | | | 10.2 | % Efficiency ratio | | | 53.7 | % | | | 55.0 | % | | | 55.5 | % | | | 54.1 | % | | | 51.7 | % Employees' compensation and benefits ($000's) | | | 34,405 | | | | 33,523 | | | | 35,744 | | | | 33,241 | | | | 31,925 | | | | | | | | | | | | | | | | | | | | | Broker-Dealer Segment: | | | | | | | | | | | | | | | | | | | | Net revenue ($000's) (4) | | | 116,625 | | | | 123,974 | | | | 116,067 | | | | 138,374 | | | | 144,494 | Employees' compensation and benefits ($000's) | | | 78,705 | | | | 76,861 | | | | 71,272 | | | | 83,361 | | | | 86,997 | Variable compensation expense ($000's) | | | 44,214 | | | | 43,003 | | | | 36,469 | | | | 49,635 | | | | 50,756 | Compensation as a % of net revenue | | | 67.5 | % | | | 62.0 | % | | | 61.4 | % | | | 60.2 | % | | | 60.2 | % Pre-tax margin (5) | | | 5.9 | % | | | 10.0 | % | | | 12.7 | % | | | 18.4 | % | | | 18.3 | % | | | | | | | | | | | | | | | | | | | | Mortgage Origination Segment: | | | | | | | | | | | | | | | | | | | | Mortgage loan originations - volume ($000's): | | | | | | | | | | | | | | | | | | | | Home purchases | | | 1,954,264 | | | | 2,075,078 | | | | 1,428,157 | | | | 1,918,395 | | | | 2,027,568 | Refinancings | | | 255,949 | | | | 318,464 | | | | 600,569 | | | | 511,960 | | | | 269,136 | Total mortgage loan originations - volume | | | 2,210,213 | | | | 2,393,542 | | | | 2,028,726 | | | | 2,430,355 | | | | 2,296,704 | Mortgage loan sales - volume ($000's) | | | 2,423,284 | | | | 2,041,387 | | | | 2,021,018 | | | | 2,180,088 | | | | 2,220,126 | Net gains from mortgage loan sales (basis points): | | | | | | | | | | | | | | | | | | | | Loans sold to third parties (6) | | | 200 | | | | 217 | | | | 248 | | | | 236 | | | | 226 | Broker fee income (7) | | | 11 | | | | 12 | | | | 13 | | | | 14 | | | | 13 | Impact of loans retained by banking segment | | | (10 | ) | | | (6 | ) | | | (7 | ) | | | (4 | ) | | | (5 | ) As reported | | | 201 | | | | 223 | | | | 254 | | | | 246 | | | | 234 | Mortgage servicing rights asset ($000's) (8) | | | 28,095 | | | | 22,755 | | | | 20,045 | | | | 17,491 | | | | 12,273 | Employees' compensation and benefits ($000's) | | | 57,845 | | | | 60,738 | | | | 55,087 | | | | 59,657 | | | | 60,036 | Variable compensation expense ($000's) | | | 29,939 | | | | 34,514 | | | | 28,723 | | | | 34,275 | | | | 32,665 | ________________________________________ (1) | Net interest margin is defined as net interest income divided by average interest-earning assets. (2) | Net interest margin (taxable equivalent), a non-GAAP measure, is defined as taxable equivalent net interest income divided by average interest-earning assets. Taxable equivalent adjustments are based on the applicable 21% federal income tax rate for all periods presented. The interest income earned on certain earning assets is completely or partially exempt from federal income tax. As such, these tax-exempt instruments typically yield lower returns than taxable investments. To provide more meaningful comparisons of net interest margins for all earning assets, we use net interest income on a taxable-equivalent basis in calculating net interest margin by increasing the interest income earned on tax-exempt assets to make it fully equivalent to interest income earned on taxable investments. The taxable equivalent adjustments to interest income for Hilltop (consolidated) were $0.8 million, $0.8 million, $0.8 million, $0.8 million and $1.0 million, respectively, for the periods presented and for the banking segment were $0.2 million, $0.1 million, $0.2 million, $0.1 million and $0.3 million, respectively, for the periods presented. (3) | Dividend payout ratio is defined as cash dividends declared per common share divided by basic earnings per common share. (4) | Net revenue is defined as the sum of total broker-dealer net interest income and total broker-dealer noninterest income. (5) | Pre-tax margin is defined as income before income taxes divided by net revenue. (6) | Net gains from mortgage loans sold to third parties reflects provisions for anticipated indemnification claims and penalties for early payoff of loans which had the effect of lowering such net gains from mortgage loans sold to third parties by 5, 8, 7, 8 and 9 basis points, respectively, for the periods presented. (7) | Broker fee income is earned by the mortgage origination segment for facilitating mortgage loan transactions between PrimeLending customers and third-party mortgage lenders when the requested loan products are not offered by PrimeLending. (8) | Reported on a consolidated basis and therefore does not include mortgage servicing rights assets related to loans serviced for the banking segment, which are eliminated in consolidation. | | | | | | | | | | | | | | | | | September 30, | | June 30, | | March 31, | | December 31, | | September 30, Non-Performing Assets Portfolio Data | | 2026 | | 2026 | | 2026 | | 2025 | | 2025 Loans accounted for on a non-accrual basis ($000's): | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | Non-owner occupied | | $ | 12,051 | | | $ | 13,785 | | | $ | 15,288 | | | $ | 3,873 | | | $ | 3,969 | Owner occupied | | | 13,188 | | | | 10,769 | | | | 10,218 | | | | 5,617 | | | | 7,119 | Commercial and industrial | | | 11,322 | | | | 17,567 | | | | 22,237 | | | | 28,581 | | | | 41,457 | Construction and land development | | | 2,070 | | | | 690 | | | | 844 | | | | 1,010 | | | | 1,007 | 1-4 family residential | | | 12,773 | | | | 11,991 | | | | 12,419 | | | | 14,367 | | | | 14,701 | Consumer | | | — | | | | — | | | | — | | | | — | | | | — | Broker-dealer | | | — | | | | — | | | | — | | | | — | | | | — | Non-accrual loans ($000's) | | $ | 51,404 | | | $ | 54,802 | | | $ | 61,006 | | | $ | 53,448 | | | $ | 68,253 | | | | | | | | | | | | | | | | Non-accrual loans as a % of total loans | | | 0.54 | % | | | 0.57 | % | | | 0.66 | % | | | 0.58 | % | | | 0.75 | % | | | | | | | | | | | | | | | Other real estate owned ($000's) | | | 8,812 | | | | 7,466 | | | | 8,473 | | | | 8,020 | | | | 8,289 | | | | | | | | | | | | | | | | Other repossessed assets ($000's) | | | — | | | | — | | | | — | | | | — | | | | — | | | | | | | | | | | | | | | | Non-performing assets ($000's) | | | 60,216 | | | | 62,268 | | | | 69,479 | | | | 61,468 | | | | 76,542 | | | | | | | | | | | | | | | | Non-performing assets as a % of total assets | | | 0.37 | % | | | 0.39 | % | | | 0.44 | % | | | 0.39 | % | | | 0.49 | % | | | | | | | | | | | | | | | Loans past due 90 days or more and still accruing ($000's) (1) | | | 46,330 | | | | 40,226 | | | | 40,155 | | | | 33,811 | | | | 28,388 | ________________________________________ (1) | Loans past due 90 days or more and still accruing were primarily comprised of loans held for sale and guaranteed by U.S. government agencies, including loans that are subject to repurchase, or have been repurchased, by PrimeLending. | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | | 2026 | | | | 2025 | | | | | Average | | Interest | | Annualized | | Average | | Interest | | Annualized | | | Outstanding | | Earned | | Yield or | | Outstanding | | Earned | | Yield or | Net Interest Margin (Taxable Equivalent) Details (1) | | Balance | | or Paid | | Rate | | Balance | | or Paid | | Rate | Assets | | | | | | | | | | | | | | | | | Interest-earning assets | | | | | | | | | | | | | | | | | Loans held for sale | | $ | 911,515 | | | $ | 13,716 | | | 5.89 | % | $ | 905,623 | | | $ | 14,331 | | | 6.19 | % Loans held for investment, gross (2) | | | 8,708,397 | | | | 127,249 | | | 5.80 | % | | 8,103,557 | | | | 121,442 | | | 5.95 | % Investment securities - taxable | | | 2,362,020 | | | | 27,121 | | | 4.59 | % | | 2,477,028 | | | | 25,451 | | | 4.11 | % Investment securities - non-taxable (3) | | | 352,472 | | | | 3,784 | | | 4.29 | % | | 391,685 | | | | 4,458 | | | 4.55 | % Federal funds sold and securities purchased under agreements to resell | | | 154,361 | | | | 1,244 | | | 3.20 | % | | 71,359 | | | | 958 | | | 5.32 | % Interest-bearing deposits in other financial institutions | | | 566,998 | | | | 5,257 | | | 3.68 | % | | 1,061,807 | | | | 11,430 | | | 4.27 | % Securities borrowed | | | 1,391,178 | | | | 12,022 | | | 3.38 | % | | 1,423,476 | | | | 21,175 | | | 5.82 | % Other | | | 119,254 | | | | 2,186 | | | 7.27 | % | | 134,682 | | | | 1,962 | | | 5.78 | % Interest-earning assets, gross (3) | | | 14,566,195 | | | | 192,579 | | | 5.25 | % | | 14,569,217 | | | | 201,207 | | | 5.48 | % Allowance for credit losses | | | (84,890 | ) | | | | | | | | (97,992 | ) | | | | | | Interest-earning assets, net | | | 14,481,305 | | | | | | | | | 14,471,225 | | | | | | | Noninterest-earning assets | | | 1,002,610 | | | | | | | | | 956,077 | | | | | | | Total assets | | $ | 15,483,915 | | | | | | | | $ | 15,427,302 | | | | | | | | | | | | | | | | | | | | | | | | Liabilities and Stockholders' Equity | | | | | | | | | | | | | | | | | Interest-bearing liabilities | | | | | | | | | | | | | | | | | Interest-bearing deposits | | $ | 7,846,164 | | | $ | 46,304 | | | 2.34 | % | $ | 7,807,348 | | | $ | 57,001 | | | 2.90 | % Securities loaned | | | 1,389,808 | | | | 10,260 | | | 2.93 | % | | 1,407,765 | | | | 19,430 | | | 5.48 | % Notes payable and other borrowings | | | 1,078,891 | | | | 12,887 | | | 4.74 | % | | 934,201 | | | | 11,442 | | | 4.86 | % Total interest-bearing liabilities | | | 10,314,863 | | | | 69,451 | | | 2.67 | % | | 10,149,314 | | | | 87,873 | | | 3.43 | % Noninterest-bearing liabilities | | | | | | | | | | | | | | | | | Noninterest-bearing deposits | | | 2,825,704 | | | | | | | | | 2,695,744 | | | | | | | Other liabilities | | | 198,119 | | | | | | | | | 377,444 | | | | | | | Total liabilities | | | 13,338,686 | | | | | | | | | 13,222,502 | | | | | | | Stockholders' equity | | | 2,115,335 | | | | | | | | | 2,177,581 | | | | | | | Noncontrolling interest | | | 29,894 | | | | | | | | | 27,219 | | | | | | | Total liabilities and stockholders' equity | | $ | 15,483,915 | | | | | | | | $ | 15,427,302 | | | | | | | | | | | | | | | | | | | | | | | | Net interest income (3) | | | | | $ | 123,128 | | | | | | | | $ | 113,334 | | | | Net interest spread (3) | | | | | | | | 2.58 | % | | | | | | | 2.05 | % Net interest margin (3) | | | | | | | | 3.35 | % | | | | | | | 3.09 | % ________________________________________ (1) | Information presented on a consolidated basis (dollars in thousands). (2) | Average balance includes non-accrual loans. (3) | Presented on a taxable-equivalent basis with annualized taxable equivalent adjustments based on the applicable 21% federal income tax rate for the periods presented. The adjustment to interest income was $0.8 million and $1.0 million for the three months ended September 30, 2026 and 2025, respectively. Conference Call Information Hilltop will host a webcast and conference call at 8:00 AM Central (9:00 AM Eastern) on Friday, October 23, 2026. Hilltop Chairman, President and CEO Jeremy B. Ford and Hilltop CFO William B. Furr will review third quarter 2026 financial results. Interested parties can access the conference call by dialing 833-461-5787 (Toll Free North America) or (+1) 585-542-9983 (International Toll) and then using the conference ID 203160733. The conference call also will be webcast simultaneously on Hilltop's Investor Relations website (http://ir.hilltop.com). About Hilltop Hilltop Holdings is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices located throughout Texas through PlainsCapital Bank. PlainsCapital Bank's wholly owned subsidiary, PrimeLending, provides residential mortgage lending throughout the United States. Hilltop Holdings' broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc., provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. At September 30, 2026, Hilltop employed approximately 3,530 people and operated 304 locations in 47 states. Hilltop Holdings' common stock is listed on the New York Stock Exchange and NYSE Texas under the symbol "HTH." Find more information at Hilltop.com, PlainsCapital.com, PrimeLending.com and Hilltopsecurities.com. FORWARD-LOOKING STATEMENTS This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated or implied in such statements. Forward-looking statements speak only as of the date they are made and, except as required by law, we do not assume any duty to update forward-looking statements. Such forward-looking statements include, but are not limited to, statements concerning such things as our outlook, plans, objectives, strategies, expectations, intentions and other statements that are not statements of historical fact, and may be identified by words such as "aim," "anticipates," "believes," "building," "continue," "could," "drive," "estimates," "expects," "extent," "focus," "forecasts," "goal," "guidance," "intends," "may," "might," "outlook," "plan," "position," "probable," "progressing," "projects," "prudent," "seeks," "should," "steady," "target," "view," "will," "working" or "would" or the negative of these words and phrases or similar words or phrases. The following factors, among others, could cause actual results to differ materially from those set forth in the forward-looking statements: (i) the credit risks of lending activities, including our ability to estimate credit losses and the allowance for credit losses, as well as the effects of changes in the level of, and trends in, loan delinquencies and write-offs; (ii) effectiveness of our data security controls in the face of cyber-attacks and any legal, reputational and financial risks following a cybersecurity incident; (iii) changes in general economic, market, political and business conditions in areas or markets where we compete, including changes in the price of crude oil and the impact of tariffs; (iv) persistent inflationary pressures and changes in the interest rate environment including potential impact of a prolonged elevated interest rate environment; (v) risks associated with concentration in real estate related loans; (vi) the effects of our indebtedness on our ability to manage our business successfully, including the restrictions imposed by the indenture governing our indebtedness; (vii) disruptions to the economy and financial services industry, risks associated with uninsured deposits and responsive measures by federal or state governments or banking regulators, including increases in the cost of our deposit insurance assessments; (viii) cost and availability of capital; (ix) changes in state and federal laws, regulations or policies affecting one or more of our business segments, including changes in regulatory fees, deposit insurance premiums, capital requirements and the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"); (x) changes in key management; (xi) competition in our banking, broker-dealer, and mortgage origination segments from other banks and financial institutions as well as investment banking and financial advisory firms, mortgage bankers, asset-based non-bank lenders and government agencies; (xii) legal and regulatory proceedings; (xiii) risks associated with merger and acquisition integration; and (xiv) our ability to use excess capital in an effective manner. For further discussion of such factors, see the risk factors described in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other reports that are filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement. View source version on businesswire.com: https://www.businesswire.com/news/home/20261022682765/en/ Contacts Investor Relations Contact: Matt Dunn 214-525-4636 [email protected]
Related articleQuarter not tagged2026-10-21Hilltop Holdings (HTH) Q3 Earnings: What To Expect
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Hilltop Holdings (HTH) Q3 Earnings: What To Expect
Financial holding company Hilltop Holdings (NYSE:HTH) will be reporting earnings this Thursday after market hours. Here's what you need to know. Hilltop Holdings beat analysts' revenue expectations last quarter, reporting revenues of $316.7 million, up 7.5% year on year. It was an exceptional quarter for the company, with a beat of analysts' EPS estimates and an impressive beat of analysts' net interest income estimates. Is Hilltop Holdings a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members. This quarter, the market is expecting Hilltop Holdings's revenue to decline 3.2% year on year, a reversal from the 7.8% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Hilltop Holdings has missed Wall Street's revenue estimates multiple times over the last two years. Looking at Hilltop Holdings's peers in the regional banks segment, some have already reported their Q3 results, giving us a hint as to what we can expect. QCR Holdings's revenues decreased 11.7% year on year, missing analysts' expectations by 8.9%, and Washington Trust Bancorp reported revenues up 15%, topping estimates by 4.1%. Washington Trust Bancorp traded up 4.2% following the results. Read our full analysis of QCR Holdings's results here and Washington Trust Bancorp's results here. Over the past year, investors have repeatedly shifted their focus from one macro narrative to another (AI disruption and AI capex spending to geopolitics, interest rates, and the broader health of the economy). While some of the regional banks stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3% on average over the last month. Hilltop Holdings is down 5.3% during the same time and is heading into earnings with an average analyst price target of $41 (compared to the current share price of $36.71). WHILE YOU'RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You've probably never heard of it. This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technolog…Read full documentShow less
Financial holding company Hilltop Holdings (NYSE:HTH) will be reporting earnings this Thursday after market hours. Here's what you need to know. Hilltop Holdings beat analysts' revenue expectations last quarter, reporting revenues of $316.7 million, up 7.5% year on year. It was an exceptional quarter for the company, with a beat of analysts' EPS estimates and an impressive beat of analysts' net interest income estimates. Is Hilltop Holdings a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members. This quarter, the market is expecting Hilltop Holdings's revenue to decline 3.2% year on year, a reversal from the 7.8% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Hilltop Holdings has missed Wall Street's revenue estimates multiple times over the last two years. Looking at Hilltop Holdings's peers in the regional banks segment, some have already reported their Q3 results, giving us a hint as to what we can expect. QCR Holdings's revenues decreased 11.7% year on year, missing analysts' expectations by 8.9%, and Washington Trust Bancorp reported revenues up 15%, topping estimates by 4.1%. Washington Trust Bancorp traded up 4.2% following the results. Read our full analysis of QCR Holdings's results here and Washington Trust Bancorp's results here. Over the past year, investors have repeatedly shifted their focus from one macro narrative to another (AI disruption and AI capex spending to geopolitics, interest rates, and the broader health of the economy). While some of the regional banks stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3% on average over the last month. Hilltop Holdings is down 5.3% during the same time and is heading into earnings with an average analyst price target of $41 (compared to the current share price of $36.71). WHILE YOU'RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You've probably never heard of it. This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.
Related articleQuarter not tagged2026-10-20Dime Community (DCOM) Q3 Earnings and Revenues Top Estimates
Zacks
Dime Community (DCOM) Q3 Earnings and Revenues Top Estimates
Dime Community (DCOM) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +4.60%. A quarter ago, it was expected that this bank holding company would post earnings of $0.76 per share when it actually produced earnings of $0.79, delivering a surprise of +3.95%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Dime Community, which belongs to the Zacks Banks - Southeast industry, posted revenues of $135.35 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 3.14%. This compares to year-ago revenues of $115.61 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Dime Community shares have added about 28.6% since the beginning of the year versus the S&P 500's gain of 12.4%. While Dime Community has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Dime Community was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's…Read full documentShow less
Dime Community (DCOM) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +4.60%. A quarter ago, it was expected that this bank holding company would post earnings of $0.76 per share when it actually produced earnings of $0.79, delivering a surprise of +3.95%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Dime Community, which belongs to the Zacks Banks - Southeast industry, posted revenues of $135.35 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 3.14%. This compares to year-ago revenues of $115.61 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Dime Community shares have added about 28.6% since the beginning of the year versus the S&P 500's gain of 12.4%. While Dime Community has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Dime Community was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.96 on $135.86 million in revenues for the coming quarter and $3.38 on $518.22 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Hilltop Holdings (HTH), has yet to report results for the quarter ended September 2026. The results are expected to be released on October 22. This insurance holding compnay is expected to post quarterly earnings of $0.64 per share in its upcoming report, which represents a year-over-year change of -13.5%. The consensus EPS estimate for the quarter has been revised 5.2% lower over the last 30 days to the current level. Hilltop Holdings' revenues are expected to be $319.86 million, down 3.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dime Community Bancshares, Inc. (DCOM) : Free Stock Analysis Report Hilltop Holdings Inc. (HTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Related articleQuarter not tagged2026-10-16Flagstar Bank (FLG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks
Flagstar Bank (FLG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Flagstar Bank (FLG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 23, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of +185.7%. Revenues are expected to be $537.38 million, up 3.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 20.7% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predic…Read full documentShow less
Flagstar Bank (FLG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 23, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of +185.7%. Revenues are expected to be $537.38 million, up 3.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 20.7% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Flagstar Bank, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that Flagstar Bank will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Flagstar Bank would post earnings of $0.06 per share when it actually produced earnings of $0.05, delivering a surprise of -16.67%. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Flagstar Bank doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Banks - Southeast industry, Hilltop Holdings (HTH), is soon expected to post earnings of $0.64 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of -13.5%. Revenues for the quarter are expected to be $319.86 million, down 3.1% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Hilltop Holdings has been revised 5.1% down to the current level. Nevertheless, the company now has an Earnings ESP of -5.51%, reflecting a lower Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Hilltop Holdings will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Flagstar Bank, National Association (FLG) : Free Stock Analysis Report Hilltop Holdings Inc. (HTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Related articleQuarter not tagged2026-10-15Analysts Estimate Hilltop Holdings (HTH) to Report a Decline in Earnings: What to Look Out for
Zacks
Analysts Estimate Hilltop Holdings (HTH) to Report a Decline in Earnings: What to Look Out for
Wall Street expects a year-over-year decline in earnings on lower revenues when Hilltop Holdings (HTH) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This insurance holding compnay is expected to post quarterly earnings of $0.64 per share in its upcoming report, which represents a year-over-year change of -13.5%. Revenues are expected to be $319.86 million, down 3.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 5.15% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the…Read full documentShow less
Wall Street expects a year-over-year decline in earnings on lower revenues when Hilltop Holdings (HTH) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This insurance holding compnay is expected to post quarterly earnings of $0.64 per share in its upcoming report, which represents a year-over-year change of -13.5%. Revenues are expected to be $319.86 million, down 3.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 5.15% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Hilltop Holdings, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -5.51%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Hilltop Holdings will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Hilltop Holdings would post earnings of $0.42 per share when it actually produced earnings of $0.63, delivering a surprise of +50.00%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Hilltop Holdings doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hilltop Holdings Inc. (HTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Related articleQuarter not tagged2026-10-14Hilltop Holdings Inc. Announces Third Quarter 2026 Earnings Conference Call and Webcast
Business Wire
Hilltop Holdings Inc. Announces Third Quarter 2026 Earnings Conference Call and Webcast
DALLAS, October 14, 2026--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) ("Hilltop"), a Dallas-based financial holding company, will host a live webcast and conference call at 8:00 AM Central (9:00 AM Eastern) on Friday, October 23, 2026. Hilltop Chairman, President and CEO Jeremy B. Ford and Hilltop CFO William B. Furr will review third quarter 2026 financial results. Interested parties can access the conference call by dialing 833-461-5787 (Toll Free North America) or (+1) 585-542-9983 (International Toll) and then using the conference ID 203160733. The conference call also will be webcast simultaneously on Hilltop's Investor Relations website (http://ir.hilltop.com). About Hilltop Holdings Inc. Hilltop Holdings is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices located throughout Texas through PlainsCapital Bank. PlainsCapital Bank's wholly owned subsidiary, PrimeLending, provides residential mortgage lending throughout the United States. Hilltop Holdings' broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc., provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. At September 30, 2026, Hilltop employed approximately 3,530 people and operated 304 locations in 47 states. Hilltop Holdings' common stock is listed on the New York Stock Exchange and NYSE Texas under the symbol "HTH." Find more information at Hilltop.com, PlainsCapital.com, PrimeLending.com and Hilltopsecurities.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20261014023619/en/ Contacts Investor Relations Contact: Matt Dunn, 214-525-4636 [email protected]
Related articleQuarter not tagged2026-09-25Is Hilltop Holdings (HTH) Undervalued Following Its Q2 Earnings Beat?
Simply Wall St.
Is Hilltop Holdings (HTH) Undervalued Following Its Q2 Earnings Beat?
Hilltop Holdings (HTH) moved back into focus after its latest Q2 report, where revenue and earnings both topped analyst expectations and net interest income beat forecasts, lifting the stock modestly on the day. That Q2 beat drops into a mixed tape for Hilltop Holdings, with the share price up 13.13% year to date but easing over the past quarter as the 90 day share price return declined 3.98%. Over a longer stretch, total shareholder returns of 15.86% over one year and 44.62% over three years suggest patient investors have still been rewarded, even as shorter term momentum fades. Scan how Hilltop Holdings compares with other resilient financial stocks by checking a hand picked list of 30 resilient stocks with low risk scores before momentum shifts again. After a strong Q2 print and a share price that has cooled over the past three months, Hilltop Holdings now sits in a gray zone. Does that recent pause offer a reasonable entry, or does it argue for patience until valuations reset? On the most widely followed valuation view, Hilltop Holdings screens as modestly undervalued, with a fair value of $39.67 versus a last close of $38.35, and that gap rests on a very specific earnings and buyback story. Analysts expect earnings to reach $109.1 million (and earnings per share of $2.14) by about June 2029, down from $161.3 million today. The analysts are largely in agreement about this estimate. See why 1 investors see Hilltop Holdings as 3% undervalued. Result: Fair Value of $39.67 (UNDERVALUED) Still, the Hilltop Holdings narrative depends on mortgage origination stabilising and Texas remaining resilient, so any housing slowdown or regional shock could quickly challenge those assumptions. Find out about the key risks to this Hilltop Holdings narrative. While the fair value model sketches Hilltop Holdings as modestly undervalued, the simple earnings multiple tells a tougher story. The stock trades on a P/E of 13.6x, above both the US Banks group at 11.5x and an estimated fair ratio of 8.9x, which points to clear valuation risk if sentiment cools. For investors weighing these mixed signals, the key question is whether Hilltop Holdings has the staying power to support a richer multiple than both peers and its own fair ratio suggest, or whether patience on price makes more sense before taking a view. See what the numbers say about this price — find out in our valuation…Read full documentShow less
Hilltop Holdings (HTH) moved back into focus after its latest Q2 report, where revenue and earnings both topped analyst expectations and net interest income beat forecasts, lifting the stock modestly on the day. That Q2 beat drops into a mixed tape for Hilltop Holdings, with the share price up 13.13% year to date but easing over the past quarter as the 90 day share price return declined 3.98%. Over a longer stretch, total shareholder returns of 15.86% over one year and 44.62% over three years suggest patient investors have still been rewarded, even as shorter term momentum fades. Scan how Hilltop Holdings compares with other resilient financial stocks by checking a hand picked list of 30 resilient stocks with low risk scores before momentum shifts again. After a strong Q2 print and a share price that has cooled over the past three months, Hilltop Holdings now sits in a gray zone. Does that recent pause offer a reasonable entry, or does it argue for patience until valuations reset? On the most widely followed valuation view, Hilltop Holdings screens as modestly undervalued, with a fair value of $39.67 versus a last close of $38.35, and that gap rests on a very specific earnings and buyback story. Analysts expect earnings to reach $109.1 million (and earnings per share of $2.14) by about June 2029, down from $161.3 million today. The analysts are largely in agreement about this estimate. See why 1 investors see Hilltop Holdings as 3% undervalued. Result: Fair Value of $39.67 (UNDERVALUED) Still, the Hilltop Holdings narrative depends on mortgage origination stabilising and Texas remaining resilient, so any housing slowdown or regional shock could quickly challenge those assumptions. Find out about the key risks to this Hilltop Holdings narrative. While the fair value model sketches Hilltop Holdings as modestly undervalued, the simple earnings multiple tells a tougher story. The stock trades on a P/E of 13.6x, above both the US Banks group at 11.5x and an estimated fair ratio of 8.9x, which points to clear valuation risk if sentiment cools. For investors weighing these mixed signals, the key question is whether Hilltop Holdings has the staying power to support a richer multiple than both peers and its own fair ratio suggest, or whether patience on price makes more sense before taking a view. See what the numbers say about this price — find out in our valuation breakdown. Sentiment around Hilltop Holdings is clearly split, with real concerns and genuine bright spots both on the table. If you want to move quickly and anchor your own opinion in the underlying data rather than headlines, start by weighing the 2 key rewards and 2 important warning signs. If Hilltop Holdings has sharpened your thinking, do not stop there. Use the Simply Wall Street screener to spot fresh ideas before others start paying attention. - Target resilient balance sheets by scanning the list of solid balance sheet and fundamentals (24 results) to find companies that pair financial strength with consistent fundamentals. - Hunt for pricing gaps with the 30 high quality undervalued stocks to see companies where quality and current market expectations look out of sync. - Stack potential income ideas using the 8 dividend fortresses to focus on higher yielding payouts backed by underlying cash generation. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HTH. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]