Hilltop Holdings Inc.
For the period ended Mar 31, 2025. Filed Apr 28, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 28, 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 exhibitsContents
Consolidated Statements of Operations
(in thousands, except per share data)
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · · Three Months Ended March 31, · | |||||||
| · 2025 · 2024 | |||||||
| Interest income: | | | | | | | |
| Loans, including fees | | $124,692 | | $134,331 | | ||
| Securities borrowed | | | 15,809 | | | 20,561 | |
| Securities: | | | | | | | |
| Taxable | | 24,782 | | 26,241 | | ||
| Tax-exempt | | 2,613 | | 2,415 | | ||
| Other | | 24,903 | | 26,066 | | ||
| Total interest income | | 192,799 | | 209,614 | | ||
| | | | | | | | |
| Interest expense: | | | | | | | |
| Deposits | | 60,051 | | 69,144 | | ||
| Securities loaned | | | 14,736 | | | 19,039 | |
| Short-term borrowings | | 8,103 | | 11,588 | | ||
| Notes payable | | 3,653 | | 3,590 | | ||
| Other | | 1,139 | | 2,632 | | ||
| Total interest expense | | 87,682 | | 105,993 | | ||
| | | | | | | | |
| Net interest income | | 105,117 | | 103,621 | | ||
| Provision for (reversal of) credit losses | | 9,338 | | (2,871) | | ||
| Net interest income after provision for (reversal of) credit losses | | 95,779 | | 106,492 | | ||
| | | | | | | | |
| Noninterest income: | | | | | | | |
| Net gains from sale of loans and other mortgage production income | | 45,281 | | 40,197 | | ||
| Mortgage loan origination fees | | 22,451 | | 26,438 | | ||
| Securities commissions and fees | | 33,728 | | 30,373 | | ||
| Investment and securities advisory fees and commissions | | | 36,628 | | 30,226 | | |
| Other | | 75,252 | | 54,384 | | ||
| Total noninterest income | | 213,340 | | 181,618 | | ||
| | | | | | | | |
| Noninterest expense: | | | | | | | |
| Employees' compensation and benefits | | 176,240 | | 165,830 | | ||
| Occupancy and equipment, net | | 19,782 | | 21,912 | | ||
| Professional services | | 4,114 | | 9,731 | | ||
| Other | | 51,337 | | 52,550 | | ||
| Total noninterest expense | | 251,473 | | 250,023 | | ||
| | | | | | | | |
| Income before income taxes | | 57,646 | | 38,087 | | ||
| Income tax expense | | 13,114 | | 8,565 | | ||
| Net income | | 44,532 | | 29,522 | | ||
| Less: Net income attributable to noncontrolling interest | | 2,416 | | 1,854 | | ||
| Income attributable to Hilltop | | $42,116 | | $27,668 | | ||
| | | | | | | | |
| Earnings per common share: | | | | | | | |
| Basic | | $0.65 | | $0.42 | | ||
| Diluted | | $0.65 | | $0.42 | | ||
| | | | | | | | |
| Weighted average share information: | | | | | | | |
| Basic | | 64,613 | | 65,200 | | ||
| Diluted | | 64,615 | | 65,214 | | ||
See accompanying notes*.*
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