Financial Performance - Net income for the three months ended September 30, 2024, was $32.9 million, a decrease of 16.2% from $39.3 million in the same period of 2023[186]. - Diluted earnings per common share for the three months ended September 30, 2024, was $0.46, compared to $0.57 in the same period of 2023, reflecting a decrease of 19.3%[185]. - Income applicable to common stockholders for the three months ended September 30, 2024, was $29.7 million, or $0.46 per diluted share, down from $37.0 million, or $0.57 per diluted share, in the same period of 2023[211]. - The efficiency ratio for Q3 2024 increased to 55.20% from 51.38% in Q3 2023, indicating a decline in profitability[232]. - Return on average stockholders' equity decreased to 5.51% for the three months ended September 30, 2024, down from 7.11% in the same period of 2023[214]. - Return on average assets for Q3 2024 was 1.14%, slightly down from 1.20% in Q3 2023[232]. Asset and Liability Management - Total assets decreased to $15.93 billion as of September 30, 2024, down from $16.47 billion at the end of 2023, representing a decline of 3.2%[190]. - Total liabilities as of September 30, 2024, were $13,573,402 thousand, a decrease from $14,500,839 thousand as of the same date in 2023[226]. - The total loans held for investment amounted to $7.98 billion as of September 30, 2024, with a total allowance for credit losses of $110.92 million[333]. - Interest-earning assets decreased from $15.19 billion in September 2023 to $14.68 billion in September 2024[217]. - The average interest-earning assets decreased to $12.15 billion in the nine months ended September 30, 2024, from $12.76 billion in the same period of 2023[234]. Credit Losses and Allowances - The allowance for credit losses was $110.9 million as of September 30, 2024, slightly down from $111.4 million at the end of 2023[186]. - The provision for credit losses for the three months ended September 30, 2024, was a reversal of $(1,440) thousand, compared to an expense of $675 thousand in the same period of 2023, reflecting a variance of $(2,115) thousand[226]. - The allowance for credit losses as a percentage of the total loan portfolio was 1.51% as of September 30, 2024, compared to 1.47% as of December 31, 2023[331]. - The total allowance for credit losses was $110,918 million as of September 30, 2024, compared to $111,413 million at the end of the previous period[344]. - The company experienced a reversal of credit losses of $2.5 million during the three months ended September 30, 2024, and $6.5 million during the nine months ended September 30, 2024[329]. Segment Performance - The banking segment contributed $48.1 million to income before income taxes for the three months ended September 30, 2024, while the mortgage origination segment incurred losses of $8.7 million[187]. - The mortgage origination segment reported a net loss of $4.4 million for the three months ended September 30, 2024, compared to a loss of $5.5 million in the same period of 2023, reflecting a 19% improvement[205]. - The broker-dealer segment generates a majority of its revenues from fees and commissions earned from investment advisory and securities brokerage services[202]. - Noninterest income increased by 2% to $200.4 million for the three months ended September 30, 2024, compared to $196.8 million in the same period of 2023[211]. - The corporate segment reported a significant increase in noninterest income, rising by 57% to $4.9 million for the three months ended September 30, 2024, compared to $3.2 million in the same period of 2023[209]. Economic Outlook and Market Conditions - The company anticipates that economic conditions, including changes in U.S. Treasury yields and mortgage interest rates, will continue to impact financial performance[191]. - The company expects inflationary pressures to continue, resulting in higher fixed costs during the remainder of 2024[223]. - The economic outlook indicates elevated borrowing costs and concerns about international conflicts, which may adversely impact business and consumer sentiment[327]. - The company expects ongoing economic headwinds to impact financial performance, influenced by factors such as U.S. Treasury yields and inflationary pressures[364]. - The company anticipates that competitive pressures and broader economic conditions will continue to influence deposit costs throughout 2024[228]. Capital Management - The board of directors declared a quarterly cash dividend of $0.17 per common share, payable on November 22, 2024[365]. - The board of directors authorized a new stock repurchase program of up to $75.0 million through January 2025, with $19.9 million spent to repurchase 640,042 shares at an average price of $31.04 per share during the nine months ended September 30, 2024[366]. - As of September 30, 2024, PlainsCapital's Tier 1 capital ratio was 10.34%, while Hilltop's was 12.95%, both exceeding the minimum capital requirements[371]. - Hilltop's Common Equity Tier 1 capital ratio was 20.48% as of September 30, 2024, significantly above the regulatory minimum of 7.0%[371]. - Total capital to risk-weighted assets for Hilltop was 23.68% as of September 30, 2024, well above the minimum requirement of 10.5%[371]. Stock and Shareholder Returns - Cash dividends declared per common share increased to $0.17 for the quarter, up from $0.16 in the previous quarter, with a total of $33.2 million paid in dividends during the nine months ended September 30, 2024[187]. - The company repurchased 640,042 shares of common stock at an average price of $31.04 per share, totaling $19.9 million under the stock repurchase program[188]. - The cumulative interest-bearing deposit pricing beta approximated 68%, indicating a significant response to changes in market interest rates[355]. Regulatory and Compliance - The company is subject to various regulatory capital requirements, and failure to meet these could adversely affect its financial condition[369]. - The bank's underwriting procedures are designed to ensure a return on stockholders' equity sufficient to maintain capital ratios that meet or exceed established regulations[323]. - The company is monitoring potential impairment indicators, including economic conditions and performance of its reporting segments[195].

Financial Data and Key Metrics Changes - Hilltop reported net income of approximately $30 million, or $0.46 per diluted share, with a return on average assets of 0.8% and return on average equity of 5.5% [4] - The company experienced a quarter-over-quarter increase in pre-provision net revenue and net income, despite a modest compression in consolidated net interest margin [4][8] - Net interest income for the third quarter was $105 million, a decrease of $11 million or 9% year-over-year, primarily due to higher yields on deposits and declining earning assets [17] Business Line Data and Key Metrics Changes - PlainsCapital Bank generated $48 million of pre-tax income on $12.8 billion of average assets, with a return on average assets of 1.14% [5] - PrimeLending reported a pre-tax loss of $8.7 million, driven by a reduction in origination volume of $72 million and a decline in gain on sale margin [9] - Hilltop Securities generated pre-tax income of $17 million on net revenues of $124 million, with public finance services showing flat net revenues year-over-year [10][11] Market Data and Key Metrics Changes - Average total deposits were approximately $10.5 billion, declining by $759 million or 7% year-over-year, primarily due to a decrease in broker-dealer sweep deposits [18] - The bank's net interest margin decreased by 5 basis points to 3.05%, attributed to increased costs of interest-bearing deposits [8] - Non-interest income for the third quarter was $200 million, with mortgage revenues declining by $8.8 million [10][22] Company Strategy and Development Direction - The company aims to responsibly grow its high-quality relationship-based core loan portfolio while managing liquidity and funding [8] - Management is focused on maintaining competitive positioning while balancing long-term customer relationships [19] - The company is optimistic about industry-wide mortgage origination volumes for 2025, despite expecting a challenging operating environment in the near term [9][22] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding credit trends, noting ongoing cash flow challenges for clients and potential negative credit migration due to higher interest rates and inflation [16][46] - The outlook for 2024 reflects current economic assessments, with management committed to adjusting business strategies in response to market changes [28] - Management expects modest but ongoing pressure on net interest margin in the coming quarters until a more stable interest rate environment is reached [40] Other Important Information - The allowance for credit losses declined by $4 million to $111 million, with specific reserves increasing due to evaluations of large auto lending credits [14] - The company returned $11 million to shareholders through dividends during the period [12] Q&A Session Summary Question: Does the structured finance business have more opportunities due to Down Payment Assistance programs? - Management indicated that while there has been consistent support from certain states, the continuation of these programs is dependent on state budgetary decisions [29] Question: Can the fixed income business continue to trend higher in the fourth quarter? - Management expects continued improvement in the fixed income business due to lower rates and an upward sloping yield curve, though results can be volatile [30] Question: Are fixed mortgage expenses expected to increase? - Management anticipates that fixed expenses will remain stable but may start to increase slowly as they look to hire quality loan originators [31][32] Question: What are the expectations for loan yields and deposit costs? - Management noted that loan yields have declined slightly and expects deposit costs to have peaked, with a target of 50% to 55% beta for future rate reductions [36][38] Question: What is the outlook for loan growth? - Management indicated that loan growth may be challenging due to competitive pressures, but they expect to retain more loans from PrimeLending to bolster earning assets [41][42] Question: What is the current status of non-performing loans (NPLs)? - Management reported a decline in NPLs, driven by paydowns in the auto note portfolio, but remains cautious about future credit trends [44][46] Question: What is the target range for overnight liquidity balances? - Management aims to maintain an operating range of $300 million to $750 million for overnight liquidity, planning to rotate cash into earning assets [51]

Core Viewpoint - Hilltop Holdings Inc. reported third-quarter 2024 earnings of 46 cents per share, exceeding the Zacks Consensus Estimate of 39 cents, but reflecting a 19.3% decline from the prior-year quarter [1] Financial Performance - Net income attributable to common stockholders was $29.7 million, down 19.8% year over year, while the estimate was $24.2 million [1] - Net revenues were $305.5 million, a decline of 2.2% year over year, but above the Zacks Consensus Estimate of $302.3 million [2] - Net interest income (NII) decreased by 9.2% year over year to $105 million, slightly below the estimate of $106.6 million [2] - Non-interest income increased by 1.8% year over year to $200.4 million, surpassing the projected $192.5 million [2] - Non-interest expenses rose by 1.7% from the prior-year quarter to $264.3 million, higher than the estimate of $259.9 million [2] Loan and Deposit Trends - As of September 30, 2024, net loans held for investment were $7.9 billion, down 2.4% sequentially, while total deposits increased by 4% to $10.8 billion [3] Credit Quality - Hilltop Holdings recorded a reversal of provision for credit losses of $1.3 million in the third quarter, compared to a reversal of $40,000 in the prior-year quarter [4] - Non-performing assets as a percentage of total assets were 0.59%, an increase of 37 basis points from the year-ago quarter [4] Profitability and Capital Ratios - Return on average assets was 0.84%, down from 0.94% in the prior-year quarter, while return on average stockholders' equity decreased to 5.51% from 7.11% [5] - Common equity tier 1 capital ratio improved to 20.48% as of September 30, 2024, up from 18.60% in the corresponding period of 2023 [5] - Total capital ratio increased to 23.68%, compared to 21.54% in the year-ago period [5] Outlook - The company’s solid balance sheet, business restructuring efforts, and improving fee income, along with high rates and decent loan demand, are expected to support revenue growth [6]

Hilltop Holdings Inc. Q3 2024Earnings Presentation October 25, 2024 Preface Corporate Headquarters Additional Information 6565 Hillcrest Ave Dallas, TX 75205 Phone: 214-855-2177 www.hilltop.com Please Contact: Matt Dunn Phone: 214-525-4636 Email: mdunn@hilltop.com FORWARD-LOOKING STATEMENTS This presentation and statements made by representatives of Hilltop Holdings Inc. ("Hilltop" or the "Company") during the course of this presentation include "forwardlooking statements" within the meaning of the Private ...

Core Insights - Hilltop Holdings reported revenue of $305.49 million for Q3 2024, a decrease of 2.2% year-over-year, but exceeded the Zacks Consensus Estimate by 1.06% [1] - Earnings per share (EPS) for the quarter was $0.46, down from $0.57 in the same quarter last year, with a surprise of 17.95% over the consensus estimate of $0.39 [1] Financial Performance Metrics - Average Outstanding Balance - Interest-earning assets, gross: $14.68 billion, slightly above the estimated $14.63 billion [1] - Net Interest Margin: 3.1%, exceeding the average estimate of 2.9% [1] - Non-Performing Assets: $94.34 million, better than the estimated $96.75 million [1] - Efficiency Ratio: 55.2%, significantly lower than the average estimate of 86.1% [1] - Non-Performing Loans: $91.19 million, slightly below the estimated $91.86 million [1] - Net Interest Income (FTE): $105.62 million, below the estimate of $107.45 million [1] - Total Noninterest Income: $200.44 million, above the estimated $195.44 million [1] - Net Interest Income: $105.04 million, below the estimate of $106.85 million [1] - Mortgage loan origination fees: $32.12 million, below the estimate of $35.10 million [1] - Securities commissions and fees: $30.43 million, below the estimate of $42.11 million [1] - Investment and securities advisory fees and commissions: $42.22 million, above the estimate of $34.68 million [1] - Net gains from sale of loans and other mortgage production income: $47.82 million, below the estimate of $51.26 million [1] Stock Performance - Hilltop Holdings shares have returned -2.9% over the past month, contrasting with the Zacks S&P 500 composite's +1.5% change [2] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential outperformance against the broader market in the near term [2]

Hilltop Holdings (HTH) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.95%. A quarter ago, it was expected that this insurance holding compnay would post earnings of $0.24 per share when it actually produced earnings of $0.31, delivering a surprise of 29.17%.Over the last four quar ...

[Financial Performance Overview](index=1&type=section&id=Financial%20Performance%20Overview) [Third Quarter 2024 Financial Results](index=1&type=section&id=Third%20Quarter%202024%20Financial%20Results) Hilltop Holdings reported net income available to common stockholders of **$29.7 million**, or **$0.46** per diluted share, for the third quarter of 2024, a decrease from **$37.0 million**, or **$0.57** per diluted share, in Q3 2023, primarily due to lower net interest income and reduced revenues in wealth management and mortgage origination segments Q3 2024 vs. Q3 2023 Financial Results | Metric | Q3 2024 | Q3 2023 | Change | | :--- | :--- | :--- | :--- | | Income to Common Stockholders | $29.7 million | $37.0 million | -19.7% | | Diluted EPS | $0.46 | $0.57 | -19.3% | - The Board of Directors declared a quarterly cash dividend of **$0.17** per common share, payable on November 22, 2024[3](index=3&type=chunk) - Financial performance continues to be influenced by uncertain economic conditions, including changes in U.S. Treasury yields, mortgage rates, funding costs, and inflation[3](index=3&type=chunk) [CEO's Remarks and Strategic Focus](index=1&type=section&id=CEO's%20Remarks%20and%20Strategic%20Focus) President and CEO Jeremy B. Ford highlighted the company's operational strength, noting that PlainsCapital Bank and HilltopSecurities both achieved sequential profitability growth, while PrimeLending's performance was negatively affected by lower origination volumes and a mark-to-market adjustment on mortgage servicing rights, with a strategic focus on navigating the anticipated rate-cutting cycle by managing funding costs and asset yields - The company is focused on the following strategic priorities as it enters an anticipated rate-cutting cycle: - Strategically lowering funding costs - Managing asset yields - Optimizing total earning assets[4](index=4&type=chunk) - PlainsCapital Bank and HilltopSecurities both increased profitability on a sequential basis[4](index=4&type=chunk) - PrimeLending's results were negatively impacted by lower origination volume and a negative fair value adjustment on mortgage servicing rights (MSR) assets[4](index=4&type=chunk) [Third Quarter 2024 Key Highlights](index=1&type=section&id=Third%20Quarter%202024%20Key%20Highlights) In Q3 2024, Hilltop experienced a reversal of credit losses of **$1.3 million**, a significant shift from the **$10.9 million** provision in Q2 2024, while mortgage-related income declined **9.9%** year-over-year, and key profitability metrics such as ROA (**0.84%**) and ROE (**5.51%**) decreased compared to Q3 2023, despite an increase in book value per share to **$33.51** and maintained strong capital ratios, with a CET1 ratio of **20.48%** - A reversal of credit losses of **$1.3 million** was recorded, compared to a provision of **$10.9 million** in Q2 2024 and a reversal of **$40 thousand** in Q3 2023, driven by net charge-offs and changes in the macroeconomic outlook[4](index=4&type=chunk) - Net gains from sale of loans and other mortgage production income decreased by **9.9%** year-over-year to **$79.9 million**[4](index=4&type=chunk) Key Performance and Balance Sheet Metrics (Q3 2024) | Metric | Q3 2024 | Q3 2023 | | :--- | :--- | :--- | | Annualized ROA | 0.84% | 0.94% | | Annualized ROE | 5.51% | 7.11% | | Book Value per Common Share | $33.51 | $31.91 | | Total Assets | $15.9 billion | $16.4 billion | | Total Deposits | $10.8 billion | $11.1 billion | | Net Interest Margin | 2.84% | 3.02% | - Maintained strong capital levels with a Tier 1 Leverage Ratio of **12.95%** and a Common Equity Tier 1 Capital Ratio of **20.48%** at September 30, 2024[6](index=6&type=chunk) [Consolidated Financial Statements](index=4&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Balance Sheets](index=4&type=section&id=Consolidated%20Balance%20Sheets) As of September 30, 2024, Hilltop's total assets stood at **$15.9 billion**, a slight increase from **$15.6 billion** at June 30, 2024, but a decrease from **$16.4 billion** a year prior, with total deposits increasing to **$10.8 billion** from **$10.4 billion** in the prior quarter, and loans held for sale seeing a significant quarterly decrease of **26.2%** to **$0.9 billion** Selected Balance Sheet Items (in thousands) | Account | Sep 30, 2024 | Jun 30, 2024 | Sep 30, 2023 | | :--- | :--- | :--- | :--- | | **Total Assets** | **$15,926,405** | **$15,620,490** | **$16,396,858** | | Loans held for investment, net | $7,868,712 | $8,058,438 | $8,093,230 | | Loans held for sale | $933,724 | $1,264,437 | $1,058,806 | | **Total Deposits** | **$10,791,447** | **$10,373,856** | **$11,103,097** | | **Total Liabilities** | **$13,720,546** | **$13,457,879** | **$14,289,996** | | **Total Stockholders' Equity** | **$2,205,859** | **$2,162,611** | **$2,106,862** | [Consolidated Income Statements](index=5&type=section&id=Consolidated%20Income%20Statements) For the third quarter of 2024, net interest income was **$105.0 million**, down from **$115.7 million** in the same period last year, with the company recording a reversal of credit losses of **$1.3 million**, while noninterest income increased slightly to **$200.4 million**, and noninterest expense also rose to **$264.3 million**, resulting in a net income of **$32.9 million** Selected Income Statement Items (in thousands) | Account | Q3 2024 | Q3 2023 | | :--- | :--- | :--- | | Net Interest Income | $105,043 | $115,650 | | Provision for (reversal of) credit losses | $(1,270) | $(40) | | Total Noninterest Income | $200,443 | $196,849 | | Total Noninterest Expense | $264,312 | $260,017 | | Income Before Income Taxes | $42,444 | $52,522 | | **Net Income** | **$32,905** | **$39,311** | | **Income Attributable to Hilltop** | **$29,693** | **$37,042** | [Segment Performance](index=5&type=section&id=Segment%20Performance) [Segment Results Summary](index=5&type=section&id=Segment%20Results%20Summary) In Q3 2024, the Banking segment remained the most profitable, generating **$48.1 million** in pre-tax income, while the Broker-Dealer segment contributed **$17.0 million** in pre-tax income, and the Mortgage Origination segment faced headwinds, reporting a pre-tax loss of **$8.7 million**, driven by lower revenues and continued expense pressures Segment Income (Loss) Before Taxes - Q3 2024 (in thousands) | Segment | Income (Loss) Before Taxes | | :--- | :--- | | Banking | $48,145 | | Broker-Dealer | $16,994 | | Mortgage Origination | $(8,718) | | All Other and Corporate | $(13,977) | | **Consolidated Total** | **$42,444** | Segment Income (Loss) Before Taxes - YTD Sep 30, 2024 (in thousands) | Segment | Income (Loss) Before Taxes | | :--- | :--- | | Banking | $131,300 | | Broker-Dealer | $43,138 | | Mortgage Origination | $(23,818) | | All Other and Corporate | $(40,532) | | **Consolidated Total** | **$110,088** | [Key Financial Metrics and Ratios](index=6&type=section&id=Key%20Financial%20Metrics%20and%20Ratios) [Selected Financial Data](index=6&type=section&id=Selected%20Financial%20Data) Hilltop's consolidated return on average equity (ROE) was **5.51%** and return on average assets (ROA) was **0.84%** for Q3 2024, both declining from the prior year, with the net interest margin compressing to **2.84%**, and the Mortgage Origination segment's loan volume at **$2.3 billion**, slightly up from Q3 2023, but net gains from loan sales decreased to **224 basis points** Consolidated Performance Ratios | Metric | Q3 2024 | Q2 2024 | Q3 2023 | | :--- | :--- | :--- | :--- | | Return on average stockholders' equity | 5.51% | 3.84% | 7.11% | | Return on average assets | 0.84% | 0.59% | 0.94% | | Net interest margin | 2.84% | 2.90% | 3.02% | | Book value per common share | $33.51 | $32.86 | $31.91 | Mortgage Origination Segment Data (volume in thousands) | Metric | Q3 2024 | Q3 2023 | | :--- | :--- | :--- | | Total mortgage loan originations | $2,307,463 | $2,243,701 | | Net gains from mortgage loan sales (bps) | 224 | 198 | [Capital Ratios](index=6&type=section&id=Capital%20Ratios) Hilltop maintained robust capital levels as of September 30, 2024, with the consolidated Common Equity Tier 1 (CET1) capital ratio increasing to **20.48%** from **19.45%** in the prior quarter and **18.60%** a year ago, and the Tier 1 leverage ratio also improving to **12.95%** Capital Ratios Comparison | Ratio | Entity | Sep 30, 2024 | Jun 30, 2024 | Sep 30, 2023 | | :--- | :--- | :--- | :--- | :--- | | Tier 1 Leverage | Hilltop | 12.95% | 12.87% | 11.92% | | Common Equity Tier 1 | Hilltop | 20.48% | 19.45% | 18.60% | | Total Capital | Hilltop | 23.68% | 22.57% | 21.54% | [Asset Quality and Non-Performing Assets](index=7&type=section&id=Asset%20Quality%20and%20Non-Performing%20Assets) Asset quality improved during the third quarter of 2024, with non-accrual loans decreasing to **$91.2 million**, or **1.02%** of total loans, from **$105.7 million** (**1.12%**) at the end of Q2 2024, and total non-performing assets as a percentage of total assets also declining to **0.59%** from **0.70%** in the prior quarter Non-Performing Assets (in thousands) | Metric | Sep 30, 2024 | Jun 30, 2024 | Sep 30, 2023 | | :--- | :--- | :--- | :--- | | Non-accrual loans | $91,186 | $105,664 | $31,498 | | Non-accrual loans as a % of total loans | 1.02% | 1.12% | 0.34% | | Total non-performing assets | $94,343 | $109,101 | $36,884 | | Non-performing assets as a % of total assets | 0.59% | 0.70% | 0.22% | [Net Interest Margin Analysis](index=7&type=section&id=Net%20Interest%20Margin%20Analysis) The taxable equivalent net interest margin (NIM) for Q3 2024 was **2.85%**, a decrease from **3.04%** in Q3 2023, driven by a significant increase in the cost of interest-bearing liabilities, which rose to **4.07%** from **3.74%** year-over-year, outpacing the increase in the yield on interest-earning assets (**5.72%** vs. **5.68%**), resulting in a net interest spread of **1.65%**, down from **1.94%** in the prior-year quarter Net Interest Margin (Taxable Equivalent) Breakdown | Metric | Q3 2024 | Q3 2023 | | :--- | :--- | :--- | | Yield on Interest-Earning Assets | 5.72% | 5.68% | | Cost of Interest-Bearing Liabilities | 4.07% | 3.74% | | **Net Interest Spread** | **1.65%** | **1.94%** | | **Net Interest Margin** | **2.85%** | **3.04%** | [Corporate Information](index=9&type=section&id=Corporate%20Information) [Conference Call Information](index=9&type=section&id=Conference%20Call%20Information) Hilltop will host a conference call and webcast on Friday, October 25, 2024, at 8:00 AM Central Time to discuss the third quarter 2024 financial results, led by President and CEO Jeremy B. Ford and CFO William B. Furr - A conference call to review Q3 2024 financial results is scheduled for Friday, October 25, 2024, at **8:00 AM Central (9:00 AM Eastern)**[14](index=14&type=chunk) [About Hilltop Holdings](index=9&type=section&id=About%20Hilltop%20Holdings) Hilltop Holdings is a financial holding company based in Dallas, Texas, with main operations including business and consumer banking through PlainsCapital Bank, nationwide residential mortgage lending via PrimeLending, and a range of securities brokerage, institutional, and investment banking services through its broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc. - Hilltop's primary business lines are: - **Banking:** Business and consumer banking via PlainsCapital Bank - **Mortgage Lending:** Residential mortgage lending through PrimeLending - **Broker-Dealer:** Securities brokerage, investment banking, and advisory services through Hilltop Securities Inc. and Momentum Independent Network Inc.[15](index=15&type=chunk) [Forward-Looking Statements](index=9&type=section&id=Forward-Looking%20Statements) This report includes forward-looking statements that are subject to various risks and uncertainties, with key factors that could cause actual results to differ materially including credit risks, cybersecurity threats, changes in economic conditions, interest rate fluctuations, and risks associated with real estate loan concentrations and uninsured deposits - The report identifies several risk factors that could impact future performance, including credit risks, cybersecurity, economic conditions, interest rate changes, and real estate concentration[16](index=16&type=chunk)

Hilltop Holdings (HTH) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. 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 stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the sto ...

It seems to be a wise idea to add the Hilltop Holdings Inc. (HTH) stock to your portfolio now. The company's robust balance sheet and business-restructuring activities are expected to keep aiding the top line. A solid liquidity position is another positive. Analysts seem optimistic regarding HTH's earnings growth potential. The Zacks Consensus Estimate for the company's 2024 earnings has been revised 2.3% upward over the past 60 days. Thus, HTH currently sports a Zacks Rank #1 (Strong Buy). Looking at its p ...

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