Hilltop Holdings Inc. has recently released its 10-Q report, providing a comprehensive overview of its financial performance and operations. The company operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers a range of financial products and services, including savings and checking accounts, loans, and treasury management. The Broker-Dealer segment provides investment banking, municipal advisory, and trading services, while the Mortgage Origination segment offers various types of mortgage loans.
In terms of financial performance, for the three months ended September 30, 2025, Hilltop reported net interest income of $112.4 million, an increase from $105.0 million in the same period last year. The company's total noninterest income for the same period was $217.8 million, up from $200.4 million in 2024. However, total noninterest expenses also rose to $271.9 million from $264.3 million. Hilltop's income before income taxes stood at $60.8 million, compared to $42.4 million in the previous year.
The company's segment contributions for the nine months ended September 30, 2025, were as follows: the banking segment contributed $149.7 million, the broker-dealer segment contributed $42.1 million, and the mortgage origination segment incurred losses of $12.3 million before income taxes. During the same period, Hilltop declared and paid total common dividends of $34.4 million.
Furthermore, Hilltop's board of directors declared a quarterly cash dividend of $0.18 per common share, payable on November 21, 2025. The company also authorized a stock repurchase program, with $62 million of available share repurchase capacity through the expiration of the 2025 stock repurchase program in January 2026.
In terms of financial measures, Hilltop's tangible book value per common share was $31.23 as of September 30, 2025, compared to $29.29 in 2024. The company's tangible common equity to tangible assets ratio was 12.49% in 2025, up from 11.98% in 2024.
As a result of these announcements, the company's shares have moved -0.46% on the market, and are now trading at a price of $32.44. For the full picture, make sure to review Hilltop's 10-Q report.
