Hilltop Holdings reports Q3 EPS 74c, consensus 50c

Reports Q3 net interest margin increased to 3.06% vs. 3.01% in Q2. Book value per common share was $35.69 from $34.90 last quarter. CEO Jeremy Ford said, “Hilltop delivered a 1.2% return on average assets during the third quarter on net income of $46M. Within PlainsCapital Bank, strong core loan and deposit growth on a linked-quarter basis, along with healthy net interest margin expansion, generated $55M in pre-tax income during the third quarter. A dampened summer home-buying market weighed down PrimeLending’s operating results as the company produced a pre-tax loss of $7M on flat year-over-year origination volumes and depressed origination fees. We continue to actively manage down fixed expenses within our mortgage origination business. Additionally, robust results within all business lines at HilltopSecurities resulted in a pre-tax margin of 18% on net revenues of $144M. Further, Hilltop Holdings (HTH) returned $66M to stockholders via $11M in quarterly dividends and $55M in repurchases of Hilltop shares. As we close out 2025, we are working diligently to implement and execute strategic plans for 2026 that will continue to prioritize serving our clients and creating long-term stockholder value.”