Hilltop ( (HTH) ) has released its Q1 earnings. Here is a breakdown of the information Hilltop presented to its investors.
Hilltop Holdings Inc. is a Dallas-based financial holding company that provides banking, mortgage lending, and brokerage services across the United States through its subsidiaries, including PlainsCapital Bank and PrimeLending.
In its first-quarter earnings report for 2025, Hilltop Holdings Inc. reported a significant increase in income to common stockholders, reaching $42.1 million, or $0.65 per diluted share, compared to $27.7 million, or $0.42 per diluted share, in the same period of 2024. This growth was driven by a substantial gain from a merchant bank equity investment sale and a slight increase in noninterest income in the mortgage origination segment.
Key financial metrics highlighted in the report include a 17.5% increase in noninterest income, reaching $213.3 million, and a consolidated net interest margin of 2.84%, up from 2.72% in the previous quarter. The company’s provision for credit losses was $9.3 million, reflecting changes in loan portfolio and economic outlook, while noninterest expenses saw a marginal increase of 0.6% to $251.5 million. Additionally, Hilltop’s book value per common share rose to $34.29, and the company maintained strong capital levels with a Tier 1 Leverage Ratio of 12.86%.
Hilltop’s strategic moves included a quarterly cash dividend of $0.18 per common share and the repurchase of over one million shares of its common stock. Despite challenges in the operating environment, such as credit loss provisions and pressures in the home buying market, Hilltop’s diversified business model allowed it to achieve robust financial performance.
Looking ahead, Hilltop’s management remains cautious about the uncertain economic conditions that could impact its financial performance throughout 2025, with external factors such as interest rate changes and geopolitical tensions being closely monitored.