Hilltop Holdings Inc. has recently released its 10-Q report, providing a detailed look into its business operations. The company operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers a wide range of financial services including savings and checking accounts, loans, and treasury management. The Broker-Dealer segment provides investment banking services, municipal advisory, and trading of fixed income securities, while the Mortgage Origination segment offers various types of mortgage loans.
In the 10-Q report, Hilltop reported a net income of $36.1 million for the second quarter of 2025, compared to $20.3 million in the same period in 2024. The total net interest income for the second quarter of 2025 was $110.7 million, up from $103.7 million in the same period in 2024. The total noninterest income was $192.6 million for the second quarter of 2025, slightly down from $193.3 million in the same period in 2024. The total noninterest expense for the second quarter of 2025 was $261.2 million, compared to $256.5 million in the same period in 2024.
The company's balance sheet data as of June 30, 2025, showed total assets of $15.4 billion, with total deposits amounting to $10.4 billion. Hilltop's tangible book value per common share stood at $30.56, and its tangible common equity to tangible assets ratio was 12.76%.
Hilltop Holdings Inc. also declared a quarterly cash dividend of $0.18 per common share, payable on August 29, 2025, to all common stockholders of record as of the close of business on August 15, 2025. Additionally, the company authorized an increase in the aggregate amount of common stock it may repurchase under its stock repurchase program to $135.0 million.
Furthermore, the report detailed the redemption of all outstanding 5% senior notes due 2025, totaling $150 million, on January 15, 2025.
These figures and developments outlined in the 10-Q report provide a comprehensive overview of Hilltop Holdings Inc.'s financial performance and strategic actions in the second quarter of 2025. As a result of these announcements, the company's shares have moved -0.29% on the market, and are now trading at a price of $30.50. If you want to know more, read the company's complete 10-Q report here.