Brief: Hilltop Holdings Inc - Announces Q1 Results

Hilltop Holdings

21/04/2022 22:18

April 21 (Reuters) - Hilltop Holdings Inc  HTH.N :
    * ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2022
    * QTRLY EARNINGS PER SHARE $0.28
    * RISING INTEREST RATES & INFLATIONARY PRESSURES MATERIALLY
IMPACTED FINANCIAL RESULTS DURING Q1 OF 2022
    * ADDITIONAL HEADWINDS DURING 2022 EXPECTED TO INCLUDE TIGHT
HOUSING INVENTORIES ON MORTGAGE VOLUMES
    * ADDITIONAL HEADWINDS DURING 2022 EXPECTED TO INCLUDE A
RETURN TO
NORMALIZED CREDIT LOSSES & DECLINING DEPOSIT BALANCES
    * HILLTOP HOLDINGS - EXTENT OF IMPACT OF EXPECTED HEADWINDS
AND
PANDEMIC ON OPERATIONAL & FINANCIAL PERFORMANCE FOR REMAINDER OF
2022 REMAINS UNCERTAIN
    * QTRLY TOTAL INTEREST INCOME $119.5 MILLION VERSUS $146.9
MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.53 -- REFINITIV IBES DATA

Source text: [ID: https://bit.ly/36AHdrv]
Further company coverage:  HTH.N 

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