Hilltop Holdings(HTH) - 2025 Q3 - Earnings Call Presentation

Financial Highlights - Net income available to common stockholders was $36.1 million[4], or $0.57 per diluted share[4] - Return on average assets was 0.98%[4] and return on average equity was 6.62%[4] - PlainsCapital Bank reported net income of $54.7 million[5] - Hilltop Securities generated pre-tax income of $26.5 million[5] with a pre-tax margin of 18.3% on total net revenues of $144.5 million[5] Balance Sheet and Capital Management - Tangible book value per share increased to $35.69 as of September 30, 2025[7] - Common Equity Tier 1 Risk-Based Ratio was 20.33% as of September 30, 2025[7] - Hilltop returned $66.3 million to stockholders in Q3 2025 through dividends ($11.2 million) and share repurchases ($55.1 million)[9] PlainsCapital Bank Performance - Bank net interest margin rose from 3.16% in Q2 2025 to 3.23% in Q3 2025[5] - Average bank loans HFI increased by $74 million, or 1.0%, from Q2 2025[5] - Average bank deposits decreased by $132 million, or 1.2%, from Q2 2025[5] - PlainsCapital Bank recorded a reversal of credit loss reserves of $2.6 million[5] Mortgage Operations - PrimeLending incurred a $7.2 million pre-tax loss during Q3 2025[5] - Origination volume was $2.3 billion, a decrease of $136 million or 5.6% from Q2 2025[5] - Gain on sale of loans sold to third parties increased 6 basis points from Q2 2025 to 239 basis points[5] Noninterest Income and Expense - Consolidated noninterest income increased by $20.2 million from Q3 2024 to Q3 2025[5] - Noninterest expenses decreased by $2.4 million, or 2.9%, from Q3 2024 to Q3 2025[5] Asset Quality - Allowance for credit losses totaled $95.2 million, representing 1.16% of total loans[16] - ACL % of Loans HFI excluding broker-dealer margin loans and mortgage warehouse loans equated to 1.25% as of September 30, 2025[17] 2025 Outlook - The company anticipates full year average bank loan growth of 0%-2% excluding mortgage related loans[52] - The company anticipates full year average deposit growth of 0%-2%[52] - The company anticipates net interest income to increase 2%-4% driven by deposit costs[52]