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Hilltop Holdings Inc. provides business and consumer banking services. The company operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance. It provides treasury management, asset management, check cards, safe deposit boxes, online banking, bill pay, and overdraft privilege services; and estate planning, management and administration, investment portfolio management, employee benefit accounts, and individual retirement accounts services, as well as automated teller machines. The Broker-Dealer segment offers public finance services that assist public entities in originating, syndicating, and distributing securities of municipalities and political subdivisions; specialized advisory and investment banking services; advice and guidance to arbitrage rebate compliance, portfolio management, and local government investment pool administration; advisory services and products for derivatives and commodities; agricultural insurance; and sells, trades in, and underwrites U.S. government and government agency bonds, corporate bonds, and municipal bonds; mortgage-backed, asset-backed, and commercial mortgage-backed securities and structured products; and provides asset and liability management advisory, clearing, retail, and securities lending services. The Mortgage Origination segment offers fixed and adjustable rate mortgages, jumbo, new construction, Federal Housing Administration, Veterans Affairs, and United States Department of Agriculture loans. Hilltop Holdings Inc. was incorporated in 1998 and is headquartered in Dallas, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2B | - | $166M | $-56M | 7.6% | 8.7% | 46.3% |
| 2024 | $1.1B | - | $113M | $267M | 5.2% | -0.8% | 3.3% |
| 2023 | $1.1B | - | $110M | $435M | 5.2% | -7.3% | -3.1% |
| 2022 | $1.2B | - | $113M | $1.2B | 5.6% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,220.73 | 1,132.10 | 1,122.56 | 1,219.71 |
| Operating Revenue | - | 1,220.73 | 1,132.10 | 1,122.56 | 1,219.71 |
| Selling General And Administration | - | 773.69 | 678.31 | 687.15 | 730.64 |
| Interest Income | - | 591.12 | 838.38 | 836.39 | 784.05 |
| Interest Expense | - | 132.14 | 371.53 | 418.59 | 343.34 |
| Net Interest Income | - | 458.98 | 466.85 | 417.80 | 440.71 |
| Pretax Income | - | 156.13 | 149.12 | 154.26 | 221.06 |
| Tax Provision | - | 36.83 | 31.14 | 31.05 | 49.04 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 119.29 | 117.98 | 123.21 | 172.02 |
| Net Income From Continuing And Discontinued Operation | - | 113.13 | 109.65 | 113.21 | 165.59 |
| Net Income From Continuing Operation Net Minority Interest | - | 113.13 | 109.65 | 113.21 | 165.59 |
| Net Income | - | 113.13 | 109.65 | 113.21 | 165.59 |
| Net Income Common Stockholders | - | 113.13 | 109.65 | 113.21 | 165.59 |
| Net Income Including Noncontrolling Interests | - | 119.29 | 117.98 | 123.21 | 172.02 |
| Normalized Income | - | 113.13 | 109.65 | 113.21 | 165.59 |
| Diluted NI Availto Com Stockholders | - | 113.13 | 109.65 | 113.21 | 165.59 |
| Basic Average Shares | - | 70.43 | 65.04 | 65.04 | 62.70 |
| Diluted Average Shares | - | 70.63 | 65.04 | 65.05 | 62.71 |
| Reconciled Depreciation | - | 32.62 | 19.63 | 19.95 | 15.71 |
| Minority Interests | - | -6.16 | -8.33 | -10 | -6.43 |
| Net Income Discontinuous Operations | 0 | 0 | - | - | - |
| Gain On Sale Of Security | 0 | 0 | 0 | 0 | - |
| Depreciation Amortization Depletion Income Statement | - | 3.97 | 2.86 | 1.82 | 1.03 |
| Depreciation And Amortization In Income Statement | - | 3.97 | 2.86 | 1.82 | 1.03 |
| General And Administrative Expense | - | 773.69 | 678.31 | 687.15 | 730.64 |
| Other Gand A | 91.22 | - | - | - | - |
| Salaries And Wages | - | 773.69 | 678.31 | 687.15 | 730.64 |
| Amortization | - | 3.97 | 2.86 | 1.82 | 1.03 |
| Amortization Of Intangibles Income Statement | - | 3.97 | 2.86 | 1.82 | 1.03 |
| Occupancy And Equipment | - | 97.12 | 89.33 | 91.23 | 81.59 |
| Professional Expense And Contract Services Expense | - | 48.50 | 49.10 | 44.44 | 40 |
| Other Non Interest Expense | - | 133.03 | 144.99 | 142.72 | 138.08 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Hilltop Holdings Inc.this co. | HTH | $2.2B | 13.12↑ premium | 1.00 | 7.6% | - |
| NBT Bancorp Inc. | NBTB | $2.4B | 14.27 | 1.27 | 8.9% | - |
| The Western Union Company | WU | $2.4B | 4.82 | 2.52 | 52.2% | 4.15 |
| Beacon Financial Corporation | BBT | $2.4B | 26.55 | 0.96 | 3.6% | - |
| The Bancorp, Inc. | TBBK | $2.2B | 9.77 |
| - |
| - |
| - |
| - |
| - |
| 3.23 |
| 33.1% |
| - |
| Banner Corporation | BANR | $2.2B | 11.23 | 1.13 | 10.0% | - |
| Merchants Bancorp | MBIN | $2.2B | 10.02 | 1.27 | 12.6% | - |
| Stewart Information Services Corporation | STC | $1.9B | 16.70 | 1.18 | 7.0% | - |
| HCI Group, Inc. | HCI | $1.9B | 6.41 | 1.84 | 28.7% | - |
| Peer Median | - | 10.62 | 1.27 | 11.3% | 4.15 | |