Financial Performance - Originations increased to $3.9 billion, up 9% year-over-year[13] - Capital Generation reached $222 million, a 63% increase year-over-year[14] - Managed Receivables totaled $25.2 billion, up 7% year-over-year[15] - Consumer & Insurance (C&I) Total Revenue was $1.5 billion, a 10% increase year-over-year[15] - C&I Adjusted Earnings Per Share (EPS) increased to $1.45, up 42% year-over-year[19] Credit Quality - C&I Net Charge-offs decreased to 7.6%, down 88 basis points year-over-year[16] - Consumer Loan Net Charge-offs decreased to 7.2%, down 110 basis points year-over-year[18] - 30+ delinquency of 5.07%, down 29bps YoY[50] Balance Sheet and Funding - The company issued $1 billion in Asset-Backed Securities (ABS) and $800 million in unsecured debt[20] - The company repurchased 460 thousand shares for $21 million in 2Q25[78]

Financial Performance - SouthState Corporation reported diluted Earnings per Share (EPS) of $2.11, with an adjusted diluted EPS (non-GAAP) of $2.30[32] - Pre-Provision Net Revenue (PPNR) reached $314.1 million[32] - Year-over-year PPNR per share growth (non-GAAP) was 29%[32] - Net interest margin, tax equivalent, increased to 4.02%, up 0.17% from the prior quarter[32] Balance Sheet & Loan Portfolio - Loans increased by $501 million, representing a 4% annualized growth[32] - Deposits increased by $359 million, representing a 3% annualized growth[32] - Total loans amounted to $47.3 billion, with investor CRE comprising 36% of the portfolio[44] - Noninterest-bearing checking deposits totaled $13.7 billion[48] Asset Quality & Capital - Net charge-offs to loans stood at 0.06%[54] - Tangible Common Equity (TCE) ratio was 8.5%[63] - Total investment portfolio was $8.1 billion[78] Market & Geographic Expansion - SouthState is ranked as the 5 largest regional bank in the South[7] - The company operates in 12 of the 15 fastest-growing U S MSAs[7] - Top states for net domestic migration include Florida with 872,722 and Texas with 747,730[23]

Portfolio Overview - The company has 129 properties with an enterprise value of $570 million, equating to $145 per square foot[3] - The total portfolio square footage is 3.9 million with a 96% retail net lease portfolio[3] - The implied cap rate is 8.8% with 51% of annualized base rent (ABR) coming from investment-grade rated tenants[3] - The annualized dividend yield is 7.7% and the equity market capitalization is $226 million[3] - The weighted average lease term is 8.9 years[3] Financial Highlights - Year-to-date, the company repurchased 546,390 common shares for a net cost of $8.8 million[10] - The company's dividend has increased by 42.5% since the beginning of 2020[10] - The company's net debt to total enterprise value is 60.3%[57] - The company's net debt to pro forma adjusted EBITDA is 8.1x[57] Tenant and Sector Diversification - Top tenants by ABR include Dick's Sporting Goods (10%), Lowe's (10%), and Dollar General (8%)[13] - Top sectors by ABR are Sporting Goods (17%), Home Improvement (13%), and Dollar Stores (12%)[20] - Top states by ABR are Florida (13%), New Jersey (9%), and New York (7%)[21] Debt and Loan Portfolio - Total debt is $353 million with a weighted-average interest rate of 4.51%[56] - The company has commercial loans and investments with a current face amount of $78.746 million and a weighted average coupon rate of 9.86% as of June 30, 2025[65] - Pro forma for subsequent activity, the total loans are $51.240 million with a weighted average coupon rate of 9.79%[65]

Financial Performance - Q2 2025 - Sales remained flat at $6 billion compared to Q2 2024[9] - Core operating earnings decreased to $292 million from $302 million in Q2 2024[9] - Adjusted earnings per share decreased to $3.47 from $3.60 in Q2 2024[9] - Operating cash flow increased to $296 million from $291 million in Q2 2024[9] Full Year 2025 Outlook - Revenue is expected to be between $22470 million and $23070 million[12] - Core operating earnings are projected to be between $955 million and $1095 million[12] Segment Performance - Q2 2025 - Seating sales increased slightly to $4474 million from $4447 million in Q2 2024[30] - E-Systems sales decreased to $1557 million from $1565 million in Q2 2024[35] Tariff Impact - Approximately $63 million in tariff recovery was achieved in H1 2025[46] - Gross tariff exposure is approximately $210 million[46]

Financial Performance - Total revenue increased by 8% year-over-year, from $6480 million in 2Q 2024 to $6974 million in 2Q 2025[4] - Gross profit increased by 10% year-over-year, from $1163 million in 2Q 2024 to $1275 million in 2Q 2025[4] - Adjusted net income increased by 29% year-over-year, from $163 million in 2Q 2024 to $209 million in 2Q 2025[4] - Diluted adjusted EPS increased by 37% year-over-year, from $399 in 2Q 2024 to $546 in 2Q 2025[4] Sales Performance - New vehicle unit sales increased by 8% year-over-year on a same-store basis[3] - Used vehicle gross profit increased by 12% year-over-year on a same-store basis[3] - After-sales gross profit increased by 13% year-over-year on a same-store basis, with gross margin expansion greater than 100 bps[3] - AutoNation Finance originations increased by 100%[3] AutoNation Finance - AutoNation Finance originations increased from $395 million in 1H 2024 to $924 million in 1H 2025[13] - AutoNation Finance portfolio balance increased from $772 million in 1H 2024 to $1761 million in 1H 2025[14] - Penetration rate of AutoNation Finance reached 10% of units sold in 2Q 2025, up from 6% in 2Q 2024[15] Capital Allocation - Capital expenditures decreased by approximately 15% compared to 1H 2024[22] - The company repurchased over 15 million shares at an average price of $164[22] - Leverage ratio decreased to 233x, below the mid-point of the company's targeted range[22, 29]

Investor Briefing July 2025 Risks, Uncertainties and Other Factors with Respect to Forward-Looking Statements Disclaimer Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute "forward-looking statements" and accordingly, involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual resul ...

Hilltop Holdings Inc. Q2 2025 Earnings Presentation July 25, 2025 2 Preface Corporate Headquarters 6565 Hillcrest Ave Dallas, TX 75205 Phone: 214-855-2177 www.hilltop.com Additional Information 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 "forward- looking statements" within the meaning of the Privat ...

Financial Performance - Net income for Q2 2025 was $264 million, resulting in diluted earnings per share of $051[22] - The tax equivalent net interest margin was 418% for Q2 2025, compared to 420% in Q1 2025[22] - Excluding purchase accounting adjustments (PAA), the net interest margin was 395% in Q2 2025, down from 397% in Q1 2025[22] - The total capital ratio increased to 1598% as of June 30, 2025[22] - Tangible book value per share increased to $1994 at June 30, 2025, from $1969 at March 31, 2025[22] Balance Sheet - Total assets reached $1049 billion as of June 30, 2025[9] - Total loans amounted to $7287 billion as of June 30, 2025[9] - Total deposits were $8674 billion as of June 30, 2025[9] - Noninterest-bearing deposits constituted 3671% of total deposits as of June 30, 2025[9, 13] Loan Portfolio - Total loans reached $7287347 thousand in Q2 2025, slightly up from $7283133 thousand in Q1 2025[32] - Commercial Real Estate (CRE) loans, including multifamily, comprised $3840981 thousand of the total loan portfolio in Q2 2025[32]

Financial Performance - Charter's total revenue for 2Q25 was $13.8 billion, a 0.6% increase year-over-year[8][34] - Adjusted EBITDA for 2Q25 reached $5.7 billion, reflecting a 0.5% year-over-year growth[8][37] - Capital expenditures totaled $2.9 billion in 2Q25, up 0.7% year-over-year[8] - Free cash flow for 2Q25 was $1.046 billion[42] - Net leverage in 2Q25 was 4.10x, or 4.18x pro forma for the Liberty Broadband transaction[41] Customer Metrics - Total customer relationships decreased to 31.2 million in 2Q25, a 2.0% decrease year-over-year[24][29] - Internet customers totaled 29.9 million in 2Q25, a 1.5% decrease year-over-year[29] - Mobile lines increased to 10.9 million in 2Q25, a 24% increase year-over-year[28][31] - Video customers decreased to 12.6 million in 2Q25, a 5.1% decrease year-over-year[31] Strategic Initiatives and Network - Charter has approximately 58 million passings in 41 states[11] - The company has over 47 million national wireless access points[11] - Average monthly data usage per household is approximately 810GB[13] Share Repurchases - Charter repurchased 4.5 million common shares and units in 2Q25 at an average price of $375, totaling $1.7 billion[42][43] - Since September 2016, Charter has repurchased 169.2 million common shares and units for a total value of $75.8 billion[43] - In 2Q25, 1.4% of fully diluted shares outstanding were repurchased[42][43]

Financial Performance - Second Quarter 2025 (GAAP) - Net sales increased by 4% to $585 million compared to $564 million in 2024 [2] - Operating income significantly decreased by 90% to $4 million, representing 0.7% of net sales, compared to $39 million, or 7.0% of net sales in the prior year [2] - Net income saw a substantial decline of 98%, resulting in a minimal $0.4 million, or 0.1% of net sales, compared to $28 million, or 4.9% of net sales in 2024 [2] - Diluted EPS decreased by 99% to $0.01, down from $0.76 in the previous year [2] - EBITDA decreased by 65% to $19 million, which is 3.2% of net sales, compared to $53 million, or 9.5% of net sales in 2024 [2] Financial Performance - First Half 2025 (GAAP) - Net sales slightly decreased by 1% to $1,215 million from $1,226 million in 2024 [3] - Operating income decreased significantly by 68% to $30 million, representing 2.5% of net sales, compared to $94 million, or 7.7% of net sales in the prior year [3] - Net income decreased by 76% to $16 million, which is 1.3% of net sales, compared to $66 million, or 5.4% of net sales in 2024 [3] - Diluted EPS decreased by 76% to $0.43, down from $1.80 in the previous year [3] - EBITDA decreased by 53% to $58 million, representing 4.8% of net sales, compared to $123 million, or 10.0% of net sales in 2024 [3] Adjusted Financial Performance - Second Quarter 2025 - Adjusted operating income decreased by 70% to $12 million, representing 2.0% of net sales, compared to $39 million, or 7.0% of net sales in 2024 [9, 12] - Adjusted diluted EPS decreased by 78% to $0.17, down from $0.76 in the previous year [9, 12] Adjusted Financial Performance - First Half 2025 - Adjusted operating income decreased by 50% to $47 million, representing 3.9% of net sales, compared to $94 million, or 7.7% of net sales in 2024 [19, 22] - Adjusted diluted EPS decreased by 54% to $0.83, down from $1.80 in the previous year [19, 22] Segment Performance - Second Quarter 2025 - U.S. Retail net sales increased by approximately $9 million to $300 million, with operating income at $4 million, a decrease of $14 million [13] - U.S. Wholesale net sales remained comparable at $193 million, with operating income decreasing by $9 million to $27 million [13] - International net sales increased by $11 million to $93 million, with operating income decreasing by $2 million to $4 million [13] Balance Sheet & Cash Flow - Cash increased to $338 million from $317 million [25] - Inventory increased by 3% to $619 million, driven by higher tariffs [25, 26] - Operating cash flow was $(8) million, a decrease from $92 million in the prior year [25]