Hilltop Holdings Inc. has recently released its 10-Q report, providing a detailed look into its financial performance and operations. The company operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers a wide range of financial products and services, including savings and checking accounts, loans, and treasury management. The Broker-Dealer segment provides investment banking services, trading of securities, and retail brokerage services, while the Mortgage Origination segment offers various types of mortgage loans.
In the recently released 10-Q report, Hilltop reported a net income of $129.1 million for the nine months ended September 30, 2025, compared to $85.3 million for the same period in 2024. The company's total assets amounted to $15.6 billion as of September 30, 2025, with total deposits of $10.7 billion. During the same period, Hilltop's diluted earnings per common share stood at $1.95, compared to $1.19 in the previous year.
The report also highlighted the contributions from each of Hilltop's reportable business segments. The banking segment contributed $149.7 million of income before income taxes during the nine months ended September 30, 2025, while the broker-dealer segment contributed $42.1 million. However, the mortgage origination segment incurred losses before income taxes amounting to $12.3 million during the same period.
Additionally, the report outlined Hilltop's financial measures, including tangible book value per common share, which was $31.23 as of September 30, 2025, and tangible common equity to tangible assets ratio of 12.49%.
Furthermore, the report detailed Hilltop's recent developments, including the redemption of all outstanding 5% senior notes due 2025 at a redemption price of $150 million plus accrued and unpaid interest.
The market has reacted to these announcements by moving the company's shares 4.47% to a price of $33.89. For the full picture, make sure to review Hilltop's 10-Q report.
