Hilltop Holdings(HTH) - 2025 Q1 - Earnings Call Presentation

Financial Highlights - Hilltop Holdings' Q1 2025 net income available to common stockholders was $35784000, resulting in diluted EPS of $06[5] - The company's Q1 2025 pre-tax income was $401 million[5] - Q1 2025 total revenue reached $1085 million[5] - Net revenue declined by $83 million from Q1 2024 to Q1 2025, influenced by lower revenue in Structured Finance and Fixed Income, partially offset by higher revenue in Public Finance and Wealth Management[5] - Hilltop Securities generated pre-tax income of $92 million in Q1 2025[5] Banking Performance (PlainsCapital Bank) - PlainsCapital Bank's Q1 2025 pre-tax income was $401 million[5] - The bank's net interest margin was 297% in Q1 2025[64] - PlainsCapital Bank's efficiency ratio was 512% in Q1 2025[63] Mortgage Origination (PrimeLending) - PrimeLending's mortgage origination volume was $17 billion in Q1 2025, consistent with Q1 2024[5, 65] - The reported gain on sale for PrimeLending was 224 basis points[29] Capital Management - During Q1 2025, Hilltop returned $449 million to stockholders through dividends and share repurchases[9] - $116 million in dividends[9] - $333 million in share repurchases[9] - Tangible book value per share increased from $3371 on December 31, 2024, to $3429 on March 31, 2025[7] Asset Quality - The allowance for credit losses (ACL) to total loans held for investment (HFI) was 133% as of March 31, 2025[14] - Non-performing assets (NPAs) totaled $89159000, representing 117% of total bank loans plus OREO[48]