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HTH — Hilltop Holdings News Story

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Financial firm Hilltop reports rise in Q2 profit

Overview

Hilltop Q2 income rises to $36.1 mln, $0.57/share, up from $20.3 mln, $0.31/share yoy

Co repurchased 1.16 mln shares, increased buyback program by $35 mln

Reversal of credit losses and higher net interest income boost results

Outlook

Hilltop cites uncertain economic conditions impacting future financial performance

Company notes external factors like interest rates and tariffs may affect results

Result Drivers

CREDIT LOSS REVERSAL - $7.3 mln reversal driven by changes in U.S. economic outlook and loan portfolio adjustments

BROKER-DEALER REVENUE - Segment saw 5% year-over-year improvement in net revenue despite volatile interest rates

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Net Income$37.89 mln
Q2 Net Interest Income$110.67 mln
Q2 CET1 Capital Ratio20.7%
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell" The average consensus recommendation for the banks peer group is "buy." Wall Street's median 12-month price target for Hilltop Holdings Inc is $34.00, about 10% above its July 24 closing price of $30.59 The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago Press Release: ID:nBwRfk94a (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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