Hilltop Holdings (HTH) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...

Shares of Hilltop Holdings Inc. (HTH) rose 1.8% in the after-hours trading following the release of betterthan-expected second-quarter 2024 results. Earnings of 31 cents per share handily beat the Zacks Consensus Estimate of 24 cents. The bottom line improved 10.7% from the prior-year quarter. Revenues & Expenses Decline The net interest margin (NIM) (taxable-equivalent basis) was 2.92%, down 11 basis points (bps) year over year. We had expected NIM to be 2.72%. Net income attributable to common stockholder ...

Hilltop Holdings Inc. Preface Corporate Headquarters Additional Information Please Contact: Matt Dunn Phone: 214-525-4636 Email: mdunn@hilltop.com 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 Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that ...

Hilltop Holdings (HTH) reported $296.96 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 3.9%. EPS of $0.31 for the same period compares to $0.28 a year ago. The reported revenue represents a surprise of +6.12% over the Zacks Consensus Estimate of $279.83 million. With the consensus EPS estimate being $0.24, the EPS surprise was +29.17%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

This quarterly report represents an earnings surprise of 29.17%. A quarter ago, it was expected that this insurance holding compnay would post earnings of $0.28 per share when it actually produced earnings of $0.42, delivering a surprise of 50%. 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. While Hilltop Holdings has underperformed the market so far this ye ...

Investor Relations Contact: Matt Dunn 214-525-4636 mdunn@hilltop.com Hilltop also announced that its Board of Directors declared a quarterly cash dividend of $0.17 per common share payable on August 30, 2024, to all common stockholders of record as of the close of business on August 16, 2024. Additionally, during the second quarter of 2024, Hilltop paid $9.9 million to repurchase an aggregate of 320,000 shares of its common stock at an average price of $30.98 per share pursuant to the 2024 stock repurchase ...

Hilltop Holdings Inc.’s (HTH) poor asset quality, weak Mortgage Origination segment performance and elevated expense base are major headwinds. Nonetheless, a sound balance sheet, high rates and restructuring initiatives offer support to some extent. HTH’s deteriorating asset quality is a concern. The company witnessed a provision benefit in the first quarter of 2024 after a significant rise in provision for credit losses in 2023 and 2022. Amid the ongoing tough economic backdrop, provisions are anticipated ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-31987 6565 Hillcrest Avenue Dallas, TX 75205 (Address of principal executive offices) (Zip Code) (214) 855-2177 (Registrant's telephone number, including area co ...

The bank's diverse business was able to offset continued mortgage weakness.Texas lender Hilltop Holdings (HTH 3.82%) was able to offset continued weakness in the mortgage market with strong gains elsewhere, leading to an earnings beat for the first quarter, it reported Thursday. Investors are buying in, sending shares of Hilltop up about 5% as of noon ET Friday.Finding ways to offset mortgage weaknessHilltop earned $0.42 per share in the quarter, beating Wall Street's $0.25-per-share consensus estimate, des ...

Hilltop Holdings Inc. Preface Please Contact: Erik Yohe Phone: 214-525-4634 Email: eyohe@hilltop.com The information contained herein is preliminary and based on Company data available at the time of the earnings presentation. It speaks only as of the particular date or dates included in the accompanying slides. Hilltop Holdings does not undertake an obligation to, and disclaims any duty to, update any of the information herein. • PlainsCapital Bank generated $50.3 million in pre-tax income during Q1 2024 | ...