Hilltop Holdings Inc

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 14, 2025

HTH$36.92+1.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

(in thousands, except per share data)


· · Year Ended December 31,
· 2024 · 2023 · 2022
Interest income:
Loans, including fees	$544,505	$542,274	$416,207
Securities borrowed	77,785	71,924	44,414
Securities:
Taxable	107,007	108,250	75,805
Tax-exempt	10,186	10,763	10,013
Other	96,906	105,164	44,677
Total interest income	836,389	838,375	591,116

Interest expense:
Deposits	275,291	223,179	50,412
Securities loaned	72,614	65,175	38,570
Short-term borrowings	44,134	57,857	20,893
Notes payable	14,659	15,448	16,141
Other	11,893	9,869	6,125
Total interest expense	418,591	371,528	132,141

Net interest income	417,798	466,847	458,975
Provision for credit losses	941	18,392	8,309
Net interest income after provision for credit losses	416,857	448,455	450,666

Noninterest income:
Net gains from sale of loans and other mortgage production income	190,021	172,150	302,384
Mortgage loan origination fees	123,066	144,539	149,598
Securities commissions and fees	125,655	100,532	115,181
Investment and securities advisory fees and commissions	142,952	134,327	127,399
Other	189,262	177,425	137,898
Total noninterest income	770,956	728,973	832,460

Noninterest expense:
Employees' compensation and benefits	687,149	678,310	773,688
Occupancy and equipment, net	91,233	89,326	97,115
Professional services	44,437	49,100	48,495
Other	210,737	211,573	207,701
Total noninterest expense	1,033,556	1,028,309	1,126,999

Income before income taxes	154,257	149,119	156,127
Income tax expense	31,047	31,140	36,833
Net income	123,210	117,979	119,294
Less: Net income attributable to noncontrolling interest	9,997	8,333	6,160
Income attributable to Hilltop	$113,213	$109,646	$113,134

Earnings per common share:
Basic	$1.74	$1.69	$1.61
Diluted	$1.74	$1.69	$1.60

Weighted average share information:
Basic	65,036	65,043	70,434
Diluted	65,046	65,045	70,626

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.