Hilltop Holdings Inc. (HTH) 10-Year Financial Performance & Capital Metrics

HTH • • Banking & Credit

Financial ServicesRegional BanksCommercial & Business BankingCommercial & Corporate Banking

AboutHilltop Holdings Inc. provides business and consumer banking, and financial products and services. It 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, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance. This segment also provides treasury management, wealth management, asset management, check cards, safe deposit boxes, online banking, bill pay, trust, and overdraft services; and estate planning, management and administration, investment portfolio management, employee benefit accounts, and individual retirement accounts, 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; structured finance services, which include advisory services for derivatives and commodities; sells, trades in, and underwrites U.S. government and government agency bonds, corporate bonds, and municipal bonds, as well as mortgage-backed, asset-backed, and commercial mortgage-backed securities and structured products. This segment also provides asset and liability management advisory, clearing, retail, and securities lending services. The Mortgage Origination segment offers mortgage, jumbo, Federal Housing Administration, Veterans Affairs, and United States Department of Agriculture loans. Hilltop Holdings Inc. was founded in 1998 and is headquartered in Dallas, Texas.Show more

Net Interest Income $418M -10.5%
Total Revenue $1.54B +2.5%
Net Income $113M +3.3%
Return on Equity 5.18% -0.2%
Net Interest Margin 2.57% -9.4%
Efficiency Ratio 62.77% -2.2%
ROA 0.69% +3.3%
Equity / Assets 13.64% +4.4%
Book Value per Share 34.10 +3.2%
Tangible BV/Share 29.80 +9.0%
Debt/Equity 0.61 -6.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Well capitalized: 13.6% equity/assets
✓Diversified revenue: 45.7% from non-interest income
✓Trading near 52-week high
✓Trading at only 1.1x book value

✗Weaknesses

✗Profits declining 12.9% over 5 years

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y3.42%

5Y-0.89%

3Y-5.97%

TTM-

Profit (Net Income) CAGR

10Y0.14%

5Y-12.86%

3Y-32.89%

TTM49.98%

EPS CAGR

10Y4.05%

5Y-6.54%

3Y-27.73%

TTM53.99%

ROCE

10Y Avg9.35%

5Y Avg9.38%

3Y Avg5%

Latest5.13%

Peer Comparison

Commercial & Corporate Banking

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TCBITexas Capital Bancshares, Inc.	4.49B	98.37	76.85	-1.72%	4.4%	7.92%	9.27%	0.46
BANCBanc of California, Inc.	3.15B	20.87	40.13	24.65%	6.78%	6.01%	2.04%	0.67
DBDeutsche Bank AG	74.26B	38.87	28.37	11.78%	5.07%	7.18%		1.91
HTHHilltop Holdings Inc.	2.2B	35.83	20.59	2.5%	7.35%	7.2%	12.14%	0.61
SFBSServisFirst Bancshares, Inc.	4.28B	78.31	18.82	17.89%	23.26%	14.33%	5.8%	1.27
CMAComerica Incorporated	11.69B	91.51	18.23	-4.95%	13.98%	10.57%	3.83%	1.02
BOKFBOK Financial Corporation	8.08B	127.69	15.69	10.4%	15.57%	8.91%	15.59%	0.80
CNOBConnectOne Bancorp, Inc.	1.37B	27.26	15.49	6.06%	13.8%	3.98%	4.15%	0.63

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	408.58M	397.53M	421.75M	433.3M	438.98M	424.17M	422.98M	458.98M	466.85M	417.8M
NII Growth %	0.13%	-0.03%	0.06%	0.03%	0.01%	-0.03%	-0%	0.09%	0.02%	-0.11%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	469.84M	455.95M	507.16M	579.43M	614.83M	546.5M	529.97M	591.12M	838.38M	836.39M
Interest Expense	61.26M	58.42M	85.41M	141.32M	171.72M	122.33M	106.99M	132.14M	371.53M	418.59M
Loan Loss Provision	12.71M	40.62M	14.27M	5.09M	7.21M	96.49M	-58.21M	8.31M	18.39M	941K
Non-Interest Income+	1.07B	1.2B	1.12B	812.73M	996.58M	1.61B	1.32B	761.76M	665.25M	704.76M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	1.54B	1.65B	1.63B	1.39B	1.61B	2.16B	1.85B	1.35B	1.5B	1.54B
Revenue Growth %	0.4%	0.07%	-0.02%	-0.14%	0.16%	0.34%	-0.14%	-0.27%	0.11%	0.02%
Non-Interest Expense	1.18B	1.32B	1.28B	1.09B	1.15B	1.38B	1.3B	1.06B	964.59M	967.36M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	283.49M	231.41M	243.29M	155.01M	282.7M	564.35M	504.07M	156.13M	149.12M	154.26M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.59%	-0.18%	0.05%	-0.36%	0.82%	1%	-0.11%	-0.69%	-0.04%	0.03%
Pretax Income+	283.49M	231.41M	243.29M	155.01M	282.7M	564.35M	504.07M	156.13M	149.12M	154.26M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	70.92M	83.46M	110.14M	34.23M	63.71M	133.07M	117.98M	36.83M	31.14M	31.05M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	210.97M	145.89M	132.54M	121.44M	225.29M	447.84M	374.5M	113.13M	109.65M	113.21M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.89%	-0.31%	-0.09%	-0.08%	0.86%	0.99%	-0.16%	-0.7%	-0.03%	0.03%
Net Income (Continuing)	212.58M	147.94M	133.14M	120.79M	218.99M	431.28M	386.1M	119.29M	117.98M	123.21M
EPS (Diluted)+	2.09	1.48	1.36	1.28	2.44	4.58	4.61	1.60	1.69	1.74
EPS Growth %	0.79%	-0.29%	-0.08%	-0.06%	0.91%	0.88%	0.01%	-0.65%	0.06%	0.03%
EPS (Basic)	2.10	1.48	1.36	1.28	2.44	4.59	4.64	1.61	1.69	1.74
Diluted Shares Outstanding	99.96M	98.63M	97.35M	95.07M	92.39M	89.3M	81.17M	70.63M	65.05M	65.05M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	652.04M	669.36M	486.98M	644.07M	433.63M	1.06B	2.82B	1.58B	1.86B	2.3B
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	8.08B	8.79B	9.23B	9.51B	10.97B	12.11B	12.07B	11.51B	11.23B	10.84B
Investments Growth %	0.18%	0.09%	0.05%	0.03%	0.15%	0.1%	-0%	-0.05%	-0.02%	-0.03%
Long-Term Investments	7.41B	8.19B	8.48B	8.63B	10.06B	10.64B	9.93B	9.86B	9.73B	9.45B
Accounts Receivables	0	0	0	0	0	0	0	0	0	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	251.81M	251.81M	251.81M	291.44M	267.45M	267.45M	267.45M	267.45M	267.45M	267.45M
Intangible Assets	54.87M	44.7M	36.43M	38.01M	82.17M	164.11M	102.27M	112.14M	105.12M	12.36M
PP&E (Net)	200.62M	190.36M	177.58M	237.37M	324.69M	317.35M	316.77M	287.39M	257.44M	238.81M
Other Assets	1.26B	1.29B	1.72B	1.52B	1.31B	1.62B	1.44B	1.46B	1.17B	1.16B
Total Current Assets	2.69B	2.77B	2.72B	2.96B	3.13B	3.93B	6.63B	4.28B	4.94B	5.15B
Total Non-Current Assets	9.18B	9.97B	10.67B	10.72B	12.05B	13.01B	12.06B	11.98B	11.53B	11.12B
Total Assets+	11.87B	12.74B	13.37B	13.68B	15.18B	16.94B	18.69B	16.27B	16.47B	16.27B
Asset Growth %	0.28%	0.07%	0.05%	0.02%	0.11%	0.12%	0.1%	-0.13%	0.01%	-0.01%
Return on Assets (ROA)	0.02%	0.01%	0.01%	0.01%	0.02%	0.03%	0.02%	0.01%	0.01%	0.01%
Accounts Payable	1.34B	1.35B	1.29B	1.29B	1.61B	1.37B	1.48B	966.47M	1.43B	1.33B
Total Debt+	1.38B	1.96B	1.72B	1.44B	1.9B	1.35B	1.47B	1.5B	1.39B	1.35B
Net Debt	731.11M	1.29B	1.23B	799.28M	1.48B	287.48M	-1.35B	-83.02M	-467.64M	-950.95M
Long-Term Debt	298.73M	365.42M	262.37M	247.51M	244.63M	412.76M	346.19M	346.65M	347.14M	347.67M
Short-Term Debt	1.08B	1.59B	1.45B	1.2B	1.55B	811.82M	997.74M	1.02B	934.91M	891.26M
Other Liabilities	454.74M	496.5M	470.23M	435.24M	0	632.89M	369.61M	417.04M	431.68M	304.57M
Total Current Liabilities	9.38B	10B	10.72B	11.03B	12.18B	13.42B	15.29B	13.31B	13.43B	13.29B
Total Non-Current Liabilities	753.47M	861.92M	732.6M	682.75M	859.44M	1.17B	846.76M	890.46M	887.83M	761.34M
Total Liabilities	10.13B	10.86B	11.46B	11.71B	13.05B	14.59B	16.14B	14.2B	14.32B	14.05B
Total Equity+	1.74B	1.87B	1.91B	1.97B	2.13B	2.35B	2.55B	2.07B	2.15B	2.22B
Equity Growth %	0.19%	0.08%	0.02%	0.03%	0.08%	0.1%	0.08%	-0.19%	0.04%	0.03%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.13%	0.08%	0.07%	0.06%	0.11%	0.2%	0.15%	0.05%	0.05%	0.05%
Book Value per Share	17.39	19.01	19.67	20.76	23.04	26.32	31.40	29.34	33.06	34.10
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	989K	985K	960K	936K	906K	822K	790K	647K	652K	650K
Additional Paid-in Capital	1.58B	1.57B	1.53B	1.49B	1.45B	1.32B	1.27B	1.05B	1.05B	1.05B
Retained Earnings	155.47M	295.57M	384.55M	466.74M	644.86M	986.79M	1.26B	1.12B	1.19B	1.25B
Accumulated OCI	2.63M	485K	-394K	-8.63M	11.42M	17.76M	-10.22M	-133.53M	-121.5M	-111.5M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	35.74M	-160.97M	-320.72M	389.54M	-433.02M	280.44M	765.62M	1.19B	443.02M	273.93M
Operating CF Growth %	1.39%	-5.5%	-0.99%	2.21%	-2.11%	1.65%	1.73%	0.55%	-0.63%	-0.38%
Net Income	212.58M	147.94M	133.14M	125.73M	232.98M	469.68M	374.5M	119.29M	117.98M	123.21M
Depreciation & Amortization	-83.36M	-49.77M	-13.87M	-5.27M	-1.48M	21.93M	24.63M	32.63M	19.63M	19.95M
Deferred Taxes	17.38M	-9.69M	40.93M	13.01M	-4.06M	16.58M	-7.08M	8.18M	7M	-19.54M
Other Non-Cash Items	-291.78M	-231.83M	125.28M	325.91M	-689.02M	-770.99M	976.31M	930.14M	52.59M	42.56M
Working Capital Changes	180.92M	-17.62M	-606.21M	-69.83M	28.57M	543.24M	-620.23M	99.2M	245.82M	107.75M
Cash from Investing+	442.29M	-493.56M	-357.96M	-289.67M	-604.29M	-827.67M	-553.27M	-877.3M	158.34M	354.22M
Purchase of Investments	-278.52M	-513.68M	-531.99M	-345.26M	-525.38M	-982.84M	-1.34B	-781.67M	-85.08M	-117.59M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	41.1M	0	0	-63.24M	0	0	0	0	0	0
Other Investing	-51.03M	-501.03M	-149.92M	-72.5M	-407.36M	-322.05M	149.56M	-510.99M	-66.5M	148.59M
Cash from Financing+	-621.66M	698.23M	480.88M	4.63M	901.64M	1.26B	1.48B	-1.71B	-332.51M	-174.31M
Dividends Paid	-3.54M	-5.8M	-23.14M	-26.7M	-29.63M	-32.52M	-38.98M	-42.96M	-41.6M	-44.26M
Share Repurchases	-144.1M	0	-27.39M	-58.99M	-73.39M	-208.66M	-123.63M	-442.34M	-5.1M	-19.86M
Stock Issued	200.63M	4.14M	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	1000K	-1000K	1000K	1000K	-1000K	-1000K
Other Financing	-601.97M	150.61M	854.6M	210.81M	591.63M	2.1B	1.54B	-1.29B	-214.88M	-44.86M
Net Change in Cash+	-143.63M	43.7M	-197.8M	104.51M	-135.68M	710.51M	1.69B	-1.4B	268.85M	453.85M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	813.08M	828.06M	871.76M	673.96M	778.47M	642.79M	1.35B	3.05B	1.65B	1.92B
Cash at End	669.45M	871.76M	673.96M	778.47M	642.79M	1.35B	3.05B	1.65B	1.92B	2.37B
Interest Paid	59.7M	58.43M	84.31M	143.2M	168.53M	124.93M	110.11M	128.41M	357.4M	426.78M
Income Taxes Paid	112.46M	88.9M	85.84M	8.38M	56.9M	123.55M	136.18M	15.09M	19.06M	44.23M
Free Cash Flow+	4.47M	-202.91M	-351.87M	321.46M	-475.31M	242.69M	740.87M	1.18B	434.54M	266.8M
FCF Growth %	1.03%	-46.42%	-0.73%	1.91%	-2.48%	1.51%	2.05%	0.59%	-0.63%	-0.39%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.19%	8.08%	7%	6.25%	10.98%	20%	15.29%	4.9%	5.19%	5.18%
Return on Assets (ROA)	2%	1.19%	1.02%	0.9%	1.56%	2.79%	2.1%	0.65%	0.67%	0.69%
Net Interest Margin	3.44%	3.12%	3.15%	3.17%	2.89%	2.5%	2.26%	2.82%	2.84%	2.57%
Efficiency Ratio	76.77%	80.02%	78.91%	78.35%	71.35%	63.72%	70.18%	78.08%	64.15%	62.77%
Equity / Assets	14.65%	14.72%	14.32%	14.43%	14.03%	13.87%	13.64%	12.74%	13.06%	13.64%
Book Value / Share	17.39	19.01	19.67	20.76	23.04	26.32	31.4	29.34	33.06	34.1
NII Growth	13.14%	-2.71%	6.09%	2.74%	1.31%	-3.37%	-0.28%	8.51%	1.72%	-10.51%
Dividend Payout	-	3.98%	17.46%	21.98%	13.15%	7.26%	10.41%	37.98%	37.94%	39.09%

Frequently Asked Questions

Valuation & Price

Hilltop Holdings Inc. (HTH) has a price-to-earnings (P/E) ratio of 20.6x. This is roughly in line with market averages.

Growth & Financials

Hilltop Holdings Inc. (HTH) grew revenue by 2.5% over the past year. Growth has been modest.

Yes, Hilltop Holdings Inc. (HTH) is profitable, generating $159.5M in net income for fiscal year 2024 (7.3% net margin).

Dividend & Returns

Yes, Hilltop Holdings Inc. (HTH) pays a dividend with a yield of 1.90%. This makes it attractive for income-focused investors.

Hilltop Holdings Inc. (HTH) has a return on equity (ROE) of 5.2%. This is below average, suggesting room for improvement.

Industry Metrics

Hilltop Holdings Inc. (HTH) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.

Hilltop Holdings Inc. (HTH) has an efficiency ratio of 62.8%. This is reasonable for a bank.

US Stock Screener

...