Hilltop Holdings Inc. reported second-quarter 2026 results with net revenue of $315.81M and diluted EPS of $0.63, while net income attributable to Hilltop was $36.52M, broadly in line with the year-ago quarter.
Financial Highlights
- Revenue was $315.81M (net revenue), composed of $115.85M net interest income and $199.96M total noninterest income, compared with $303.31M in the prior-year quarter; YoY change 4.1%.
- Net income was $36.52M attributable to Hilltop, compared with $36.07M in the prior-year quarter; YoY change 1.2%.
- Diluted EPS was $0.63, compared with $0.57 in the prior-year quarter; YoY change 10.5%.
Business Highlights
- Consolidated net interest income rose year over year, driven by improvements in the banking segment and stronger broker‑dealer noninterest revenues.
- Mortgage origination volumes were mixed: purchase activity remained dominant while refinance activity showed modest improvement; PrimeLending is pursuing cost reductions and restructuring to improve margins.
- The broker‑dealer business grew net revenue and pre‑tax margins, supported by gains in fixed income, wealth management and structured finance.
- Active deposit and funding management reduced deposit costs and enabled retained mortgage purchases by the Bank to support the origination pipeline.
- Company-wide expense controls and mortgage segment restructuring are being targeted to improve profitability amid macroeconomic uncertainty.
Original SEC Filing:
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