Welcome to our dedicated page for Hilltop Holdings news (Ticker: HTH), a resource for investors and traders seeking the latest updates and insights on Hilltop Holdings stock.
Hilltop Holdings Inc. reports developments for a financial holding company built around Texas banking, national residential mortgage lending, and broker-dealer operations. Its subsidiaries include PlainsCapital Bank, PrimeLending, Hilltop Securities Inc., and Momentum Independent Network Inc.
Recurring updates cover quarterly and annual results, capital actions such as cash dividends and share repurchases, capital ratios, loan trends, mortgage conditions, and broker-dealer activity in public finance, capital markets, wealth management, clearing, and related services. Company news also includes board and executive governance changes, regional banking leadership, and HilltopSecurities initiatives tied to its national investment-banking and municipal-advisory franchise.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Hilltop Holdings (HTH) reported a net income of $25.8 million, or $0.40 per diluted share for Q1 2023, up from $22.3 million or $0.28 in Q1 2022. Significant decreases in mortgage origination income contributed to a 51.9% decline in net gains from sale of loans year-over-year, totaling $68.7 million. The company declared a quarterly cash dividend of $0.16 per share, payable May 25, 2023. Total assets grew to $17.0 billion, with a consolidated return on average assets of 0.69% and return on average equity reaching 5.12%. Noninterest income decreased by 24.9% to $162.5 million, while noninterest expenses fell by 12.5% to $250.5 million. The provision for credit losses was $2.3 million, showing a decrease from the $3.6 million recorded in the previous quarter.
Summary not available.
Hilltop Holdings Inc. (NYSE: HTH), a Dallas-based financial holding company, will host a live webcast and conference call on April 21, 2023, at 8:00 AM Central to discuss its first quarter 2023 financial results. Hilltop President and CEO Jeremy B. Ford, along with CFO William B. Furr, will present details on the company's performance.
Interested parties can join the call by dialing access numbers provided or through Hilltop's Investor Relations website. As of March 31, 2023, Hilltop employed approximately 4,100 people and operated around 355 locations in 47 states, primarily through PlainsCapital Bank and its subsidiaries.