Financial holding firm Hilltop's Q3 net income rises on banking segment growth

Hilltop Holdings

23/10/2025 21:42

Overview

Hilltop Holdings Q3 net income rises to $46 mln, driven by banking segment growth

Company repurchased $55.1 mln in shares, had authorised increase in buyback program by $50 mln

Mortgage segment faces challenges with flat origination volumes and fees

Outlook

Company cites economic uncertainties affecting future performance, including Treasury yields and mortgage rates

Company plans to manage fixed expenses in mortgage origination business

Result Drivers

CREDIT LOSS REVERSAL - Reversal of credit losses contributed to income growth, driven by changes in U.S. economic outlook and loan portfolio adjustments

BANKING SEGMENT GROWTH - Strong core loan and deposit growth and net interest margin expansion drove $55 mln in pre-tax income

MORTGAGE SEGMENT CHALLENGES - Flat origination volumes and decreased fees led to a pre-tax loss of $7 mln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
$46 mln


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 5.4% above its October 21 closing price of $32.17

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

Press release: nEOL29TB1N

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(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.)