Hilltop Holdings Inc. Announces Financial Results for Fourth Quarter and Full Year 2025 | HTH Stock News

DALLAS--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced financial results for the fourth quarter and full year 2025. Hilltop produced income attributable to common stockholders of $41.6 million, or $0.69 per diluted share, for the fourth quarter of 2025, compared to $35.5 million, or $0.55 per diluted share, for the fourth quarter of 2024. Income attributable to common stockholders for the full year 2025 was $165.6 million, or $2.64 per diluted share, compared to $113.2 million, or $1.74 per diluted share, for the full year 2024.Hilltop also announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share, an 11% increase from the prior quarter, payable on February 27, 2026 to all common stockholders of record as of the close of business on February 13, 2026. Additionally, the Hilltop Board of Directors authorized a new stock repurchase program through January 2027, under which Hilltop may repurchase, in the aggregate, up to $125.0 million of its outstanding common stock. During the fourth quarter of 2025, Hilltop paid $60.8 million to repurchase an aggregate of 1,799,995 shares of its common stock at an average price of $33.77 per share. During 2025, Hilltop paid $184.0 million to repurchase an aggregate of 5,705,205 shares of its common stock at an average price of $32.26 per share pursuant to the 2025 stock repurchase program. These repurchased shares were returned to the pool of authorized but unissued shares of common stock.The extent of the impact of uncertain economic conditions on our financial performance during 2026 will depend in part on developments outside of our control including, among others, the timing and significance of further changes in U.S. Treasury yields and mortgage interest rates, changes in funding costs, inflationary pressures, changes in the political environment, the impact of tariffs and reciprocal tariffs, and international armed conflicts and their impact on supply chains.Jeremy B. Ford, Chairman, President and CEO of Hilltop, said, “2025 was a strong year for Hilltop from a financial, operational and capital management perspective. Within each line of business, and on a consolidated basis, pre-tax results improved versus the prior year. Further, Hilltop was able to execute successfully on a number of key initiatives across the company, while returning $231 million to stockholders via dividends and share repurchases.“During 2025, PlainsCapital Bank produced healthy core loan and deposit growth while delivering a 1.17% return on average assets. PrimeLending, in the face of a continued challenging home-buying market, reduced pre-tax losses by 48% as the company made further operational efficiency improvements. HilltopSecurities capitalized on a strong year from its Structured Finance, Wealth Management and Public Finance business lines to deliver $501 million in net revenue with a pre-tax margin of 13.5%. As we move into 2026, we remain focused on delivering sound results while prudently managing capital.”Fourth Quarter 2025 Highlights for Hilltop:The provision for credit losses was $7.8 million during the fourth quarter of 2025, compared to a reversal of credit losses of $2.5 million in the third quarter of 2025 and a reversal of credit losses of $5.9 million in the fourth quarter of 2024;The provision for credit losses during the fourth quarter of 2025 was primarily driven by a build in the allowance related to specific reserves and higher net charge-offs, changes in the U.S. economic outlook associated with collectively evaluated loans within the banking segment since the prior quarter.For the fourth quarter of 2025, net gains from sale of loans and other mortgage production income and mortgage loan origination fees was $76.2 million, compared to $73.7 million in the fourth quarter of 2024, a 3.4% increase;Mortgage loan origination production volume was $2.4 billion during the fourth quarter of 2025, compared to $2.3 billion during the fourth quarter of 2024;Net gains from mortgage loans sold to third parties, including broker fee income, increased to 250 basis points during the fourth quarter of 2025, compared to 239 basis points in the third quarter of 2025.Hilltop’s consolidated annualized return on average assets and return on average stockholders’ equity for the fourth quarter of 2025 were 1.09% and 7.60%, respectively, compared to 0.92% and 6.50%, respectively, for the fourth quarter of 2024;Hilltop’s book value per common share increased to $36.42 at December 31, 2025, compared to $35.69 at September 30, 2025;Hilltop’s total assets were $15.8 billion and $15.6 billion at December 31, 2025 and September 30, 2025, respectively;Loans1, net of allowance for credit losses, were $7.9 billion and $7.8 billion at December 31, 2025 and September 30, 2025, respectively;Non-accrual loans were $53.4 million, or 0.58% of total loans, at December 31, 2025, compared to $68.3 million, or 0.75% of total loans, at September 30, 2025;Loans held for sale increased by 11.9% from September 30, 2025 to $950.1 million at December 31, 2025;Total deposits2 were $10.9 billion and $10.7 billion at December 31, 2025 and September 30, 2025, respectively;Hilltop maintained strong capital levels with a Tier 1 Leverage Ratio3 of 12.78% and a Common Equity Tier 1 Capital Ratio of 19.70% at December 31, 2025;Hilltop’s consolidated net interest margin4 decreased to 3.02% for the fourth quarter of 2025, compared to 3.06% in the third quarter of 2025;For the fourth quarter of 2025, noninterest income was $217.4 million, compared to $195.6 million in the fourth quarter of 2024, an 11.1% increase;For the fourth quarter of 2025, noninterest expense was $268.9 million, compared to $262.8 million in the fourth quarter of 2024, a 2.3% increase; andHilltop’s effective tax rate was 19.2% during the fourth quarter of 2025, compared to 14.2% during the same period in 2024.The effective tax rate for the fourth quarter of 2025 was lower than the applicable statutory rate primarily due to the impact of investments in tax-exempt instruments, state refund claims and return to provision activity, partially offset by nondeductible expenses, nondeductible compensation expense and other permanent adjustments.________________________________________1 “Loans” reflect loans held for investment excluding broker-dealer margin loans, net of allowance for credit losses, of $344.5 million and $325.3 million at December 31, 2025 and September 30, 2025, respectively.2 Total deposits at December 31, 2025 included estimated uninsured deposits of $5.9 billion, or approximately 54% of total deposits, while estimated uninsured deposits, excluding collateralized deposits of $693.9 million and internal accounts of $302.8 million, were $4.9 billion, or approximately 45% of total deposits.3 Based on the end of period Tier 1 capital divided by total average assets during the quarter, excluding goodwill and intangible assets.4 Net interest margin is defined as net interest income divided by average interest-earning assets.Consolidated Financial and Other Information Consolidated Balance SheetsDecember 31,September 30,June 30,March 31,December 31,(in 000's)20252025202520252024Cash and due from banks$1,231,944$1,277,283$982,488$1,702,623$2,298,977Federal funds sold650650650650650Assets segregated for regulatory purposes20,2115,05047,15888,45170,963Securities purchased under agreements to resell55,97778,90993,87899,09988,728Securities:Trading, at fair value617,408574,434675,757647,158524,916Available for sale, at fair value, net (1)1,491,0481,443,6121,408,3471,405,1701,396,549Held to maturity, at amortized cost, net (1)728,329755,012771,641762,369737,899Equity, at fair value2652484,9962862972,837,0502,773,3062,860,7412,814,9832,659,661Loans held for sale950,142849,357979,875818,328858,665Loans held for investment, net of unearned income8,311,9528,227,1948,061,2047,966,7777,950,551Allowance for credit losses(91,537)(95,168)(97,961)(106,197)(101,116)Loans held for investment, net8,220,4158,132,0267,963,2437,860,5807,849,435Broker-dealer and clearing organization receivables1,588,8821,519,0051,469,6281,450,0771,452,366Premises and equipment, net132,820136,830139,179143,957148,245Operating lease right-of-use assets83,75787,46488,05093,45190,563Mortgage servicing assets17,49112,2737,8876,9035,723Other assets432,603459,588455,930459,774470,073Goodwill267,447267,447267,447267,447267,447Other intangible assets, net5,6055,8626,1196,3766,633Total assets$15,844,994$15,605,050$15,362,273$15,812,699$16,268,129Deposits:Noninterest-bearing$2,831,919$2,766,155$2,790,958$2,859,828$2,768,707Interest-bearing8,046,1617,909,3167,600,5997,972,1388,296,615Total deposits10,878,08010,675,47110,391,55710,831,96611,065,322Broker-dealer and clearing organization payables1,518,5031,445,2801,461,6831,446,8861,331,902Short-term borrowings676,882680,979734,508705,008834,023Securities sold, not yet purchased, at fair value37,95565,11959,76663,17157,234Notes payable148,587148,530148,475198,043347,667Operating lease liabilities100,155104,134104,972110,815109,103Other liabilities287,226269,297234,467227,988304,566Total liabilities13,647,38813,388,81013,135,42813,583,87714,049,817Common stock595613630642650Additional paid-in capital973,072998,6441,022,4741,037,1381,052,219Accumulated other comprehensive loss(79,877)(87,254)(94,748)(100,654)(111,497)Retained earnings1,274,6111,276,5391,270,2861,262,5861,248,593Total Hilltop stockholders' equity2,168,4012,188,5422,198,6422,199,7122,189,965Noncontrolling interests29,20527,69828,20329,11028,347Total stockholders' equity2,197,6062,216,2402,226,8452,228,8222,218,312Total liabilities & stockholders' equity$15,844,994$15,605,050$15,362,273$15,812,699$16,268,129________________________________________(1) At December 31, 2025, the amortized cost of the available for sale securities portfolio was $1,554,096, while the fair value of the held to maturity securities portfolio was $674,890.Three Months EndedYear EndedConsolidated Income StatementsDecember 31,September 30,December 31,December 31,December 31,(in 000's, except per share data)20252025202420252024Interest income:Loans, including fees$133,546$135,773$131,726$525,804$544,505Securities borrowed17,75321,17517,49275,28177,785Securities:Taxable25,08825,45229,212101,133107,007Tax-exempt3,5093,5122,94412,72110,186Other13,91314,34927,21669,11196,906Total interest income193,809200,261208,590784,050836,389Interest expense:Deposits54,16757,00167,411228,275275,291Securities loaned16,02019,43016,40767,84872,614Short-term borrowings7,6377,86710,99231,30144,134Notes payable2,3172,4043,91011,48014,659Other1,1411,1714,3864,44011,893Total interest expense81,28287,873103,106343,344418,591Net interest income112,527112,388105,484440,706417,798Provision for (reversal of) credit losses7,824(2,511)(5,852)7,311941Net interest income after provision for (reversal of) credit losses104,703114,899111,336433,395416,857Noninterest income (1):Net gains from sale of loans and other mortgage production income49,58051,73043,553198,536190,021Mortgage loan origination fees26,60224,85030,111102,641123,066Principal transactions, commissions and fees76,03374,06671,441253,269250,579Investment banking, advisory and administrative fees47,62753,34937,514181,334142,952Other17,51813,81212,971105,36164,338Total noninterest income217,360217,807195,590841,141770,956Noninterest expense:Employees' compensation and benefits187,960190,027173,334730,637687,149Occupancy and equipment, net20,81819,93025,70781,59491,233Professional services12,38612,68112,79140,00144,437Other47,75749,26550,925201,241210,737Total noninterest expense268,921271,903262,7571,053,4731,033,556Income before income taxes53,14260,80344,169221,063154,257Income tax expense10,21814,1296,28549,04431,047Net income42,92446,67437,884172,019123,210Less: Net income attributable to noncontrolling interest1,3408562,3656,4289,997Income attributable to Hilltop$41,584$45,818$35,519$165,591$113,213Earnings per common share:Basic$0.69$0.74$0.55$2.64$1.74Diluted$0.69$0.74$0.55$2.64$1.74Cash dividends declared per common share$0.18$0.18$0.17$0.72$0.68Weighted average shares outstanding:Basic60,45762,14664,93562,70065,036Diluted60,49862,16864,94362,70965,046________________________________________(1) During 2025, certain financial statement line items within the noninterest income section of the consolidated income statement were reclassified to better align disclosures to business activities. These reclassifications were applied retrospectively to all prior periods presented. Total noninterest income did not change as a result of these reclassifications.Three Months Ended December 31, 2025Segment ResultsMortgageAll Other andHilltop(in 000's)BankingBroker-DealerOriginationCorporateEliminationsConsolidatedNet interest income (expense)$99,737$12,892$(2,184)$309$1,773$112,527Provision for (reversal of) credit losses7,927(103)———7,824Noninterest income12,355125,48276,2455,305(2,027)217,360Noninterest expense60,668112,97479,27616,239(236)268,921Income (loss) before taxes$43,497$25,503$(5,215)$(10,625)$(18)$53,142Year Ended December 31, 2025Segment ResultsMortgageAll Other andHilltop(in 000's)BankingBroker-DealerOriginationCorporateEliminationsConsolidatedNet interest income (expense)$382,052$50,272$(7,934)$(283)$16,599$440,706Provision for (reversal of) credit losses7,335(24)———7,311Noninterest income46,058450,754310,87651,137(17,684)841,141Noninterest expense227,601433,463320,46373,089(1,143)1,053,473Income (loss) before taxes$193,174$67,587$(17,521)$(22,235)$58$221,063Three Months Ended December 31, 2024Segment ResultsMortgageAll Other andHilltop(in 000's)BankingBroker-DealerOriginationCorporateEliminationsConsolidatedNet interest income (expense)$94,946$12,046$(3,627)$(3,277)$5,396$105,484Provision for (reversal of) credit losses(5,665)(187)———(5,852)Noninterest income11,411114,32173,7401,767(5,649)195,590Noninterest expense61,426106,18180,02215,379(251)262,757Income (loss) before taxes$50,596$20,373$(9,909)$(16,889)$(2)$44,169Year Ended December 31, 2024Segment ResultsMortgageAll Other andHilltop(in 000's)BankingBroker-DealerOriginationCorporateEliminationsConsolidatedNet interest income (expense)$372,546$48,942$(16,867)$(12,838)$26,015$417,798Provision for (reversal of) credit losses992(51)———941Noninterest income43,295422,801313,22918,515(26,884)770,956Noninterest expense232,954408,283330,08863,110(879)1,033,556Income (loss) before taxes$181,895$63,511$(33,726)$(57,433)$10$154,257December 31,September 30,June 30,March 31,December 31,Capital Ratios20252025202520252024Tier 1 capital (to average assets):PlainsCapital10.60%10.74%10.71%10.22%9.99%Hilltop12.78%13.13%13.11%12.86%12.57%Common equity Tier 1 capital (to risk-weighted assets):PlainsCapital14.49%14.81%15.08%15.06%15.35%Hilltop19.70%20.33%20.74%21.17%21.23%Tier 1 capital (to risk-weighted assets):PlainsCapital14.49%14.81%15.08%15.06%15.35%Hilltop19.70%20.33%20.74%21.17%21.23%Total capital (to risk-weighted assets):PlainsCapital15.60%15.96%16.29%16.31%16.54%Hilltop22.20%22.90%23.38%24.45%24.40%Three Months EndedYear EndedDecember 31,September 30,December 31,December 31,December 31,Selected Financial Data20252025202420252024Hilltop Consolidated:Return on average stockholders' equity7.60%8.35%6.50%7.60%5.29%Return on average assets1.09%1.20%0.92%1.10%0.78%Net interest margin (1)3.02%3.06%2.72%2.98%2.81%Net interest margin (taxable equivalent) (2):As reported3.04%3.09%2.74%3.00%2.83%Impact of purchase accounting3 bps2 bps3 bps2 bps4 bpsBook value per common share ($)36.4235.6933.7136.4233.71Shares outstanding, end of period (000's)59,54061,32664,96859,54064,968Dividend payout ratio (3)26.17%24.41%31.08%27.26%39.06%Banking Segment:Net interest margin (1)3.29%3.23%2.98%3.16%3.04%Net interest margin (taxable equivalent) (2):As reported3.29%3.23%2.99%3.17%3.04%Impact of purchase accounting4 bps2 bps4 bps3 bps4 bpsAccretion of discount on loans ($000's)9615721,0763,1665,057Net recoveries (charge-offs) ($000's)(11,455)(282)(3,950)(16,890)(11,238)Return on average assets1.05%1.34%1.24%1.17%1.10%Fee income ratio11.0%10.2%10.7%10.8%10.4%Efficiency ratio54.1%51.7%57.8%53.2%56.0%Employees' compensation and benefits ($000's)33,24131,92533,313131,414130,974Broker-Dealer Segment:Net revenue ($000's) (4)138,374144,494126,367501,026471,743Employees' compensation and benefits ($000's)83,36186,99775,150311,915286,700Variable compensation expense ($000's)49,63550,75642,484169,845153,062Compensation as a % of net revenue60.2%60.2%59.5%62.3%60.8%Pre-tax margin (5)18.4%18.3%16.1%13.5%13.5%Mortgage Origination Segment:Mortgage loan originations - volume ($000's):Home purchases1,918,3952,027,5681,909,7067,643,2127,759,812Refinancings511,960269,136343,4001,258,707856,541Total mortgage loan originations - volume2,430,3552,296,7042,253,1068,901,9198,616,353Mortgage loan sales - volume ($000's)2,180,0882,220,1262,065,3568,280,0598,223,734Net gains from mortgage loan sales (basis points):Loans sold to third parties (6)236226217227218Broker fee income (7)14139128Impact of loans retained by banking segment(4)(5)(5)(6)(4)As reported246234221233222Mortgage servicing rights asset ($000's) (8)17,49112,2735,72317,4915,723Employees' compensation and benefits ($000's)59,65760,03656,402235,246231,293Variable compensation expense ($000's)34,27532,66530,784126,747121,720________________________________________(1) Net interest margin is defined as net interest income divided by average interest-earning assets.(2) Net interest margin (taxable equivalent), a non-GAAP measure, is defined as taxable equivalent net interest income divided by average interest-earning assets. Taxable equivalent adjustments are based on the applicable 21% federal income tax rate for all periods presented. The interest income earned on certain earning assets is completely or partially exempt from federal income tax. As such, these tax-exempt instruments typically yield lower returns than taxable investments. To provide more meaningful comparisons of net interest margins for all earning assets, we use net interest income on a taxable-equivalent basis in calculating net interest margin by increasing the interest income earned on tax-exempt assets to make it fully equivalent to interest income earned on taxable investments. The taxable equivalent adjustments to interest income for Hilltop (consolidated) were $0.8 million, $1.0 million, $0.7 million, $3.2 million and $2.5 million, respectively, for the periods presented and for the banking segment were $0.1 million, $0.3 million, $0.2 million, $0.7 million and $0.6 million, respectively, for the periods presented.(3) Dividend payout ratio is defined as cash dividends declared per common share divided by basic earnings per common share.(4) Net revenue is defined as the sum of total broker-dealer net interest income and total broker-dealer noninterest income.(5) Pre-tax margin is defined as income before income taxes divided by net revenue.(6) Net gains from mortgage loans sold to third parties reflects provisions for anticipated indemnification claims and penalties for early payoff of loans which had the effect of lowering such net gains from mortgage loans sold to third parties by 8, 9, 13, 10 and 8 basis points, respectively, for the periods presented.(7) Broker fee income is earned by the mortgage origination segment for facilitating mortgage loan transactions between PrimeLending customers and third-party mortgage lenders when the requested loan products are not offered by PrimeLending.(8) Reported on a consolidated basis and therefore does not include mortgage servicing rights assets related to loans serviced for the banking segment, which are eliminated in consolidation. December 31,September 30,June 30,March 31,December 31,Non-Performing Assets Portfolio Data20252025202520252024Loans accounted for on a non-accrual basis ($000's):Commercial real estate:Non-owner occupied$3,873$3,969$4,107$4,241$7,166Owner occupied5,6177,1196,4296,5356,092Commercial and industrial28,58141,45740,99051,98759,025Construction and land development1,0101,0073,6673,2563,0031-4 family residential14,36714,70117,55015,45812,863Consumer—————Broker-dealer—————Non-accrual loans ($000's)$53,448$68,253$72,743$81,477$88,149Non-accrual loans as a % of total loans0.58%0.75%0.80%0.93%1.00%Other real estate owned ($000's)8,0208,2899,1447,6822,848Other repossessed assets ($000's)————98Non-performing assets ($000's)61,46876,54281,88789,15991,095Non-performing assets as a % of total assets0.39%0.49%0.53%0.56%0.56%Loans past due 90 days or more and still accruing ($000's) (1)33,81128,38828,37824,14522,090________________________________________(1) Loans past due 90 days or more and still accruing were primarily comprised of loans held for sale and guaranteed by U.S. government agencies, including loans that are subject to repurchase, or have been repurchased, by PrimeLending.Three Months Ended December 31,20252024AverageInterestAnnualizedAverageInterestAnnualizedOutstandingEarnedYield orOutstandingEarnedYield orNet Interest Margin (Taxable Equivalent) Details (1)Balanceor PaidRateBalanceor PaidRateAssetsInterest-earning assetsLoans held for sale$929,989$13,2855.59%$1,011,036$13,2785.25%Loans held for investment, gross (2)8,246,440120,2615.79%7,931,572118,4485.93%Investment securities - taxable2,470,04525,0894.06%2,443,88629,2134.78%Investment securities - non-taxable (3)395,1714,3634.42%360,6223,6664.07%Federal funds sold and securities purchased under agreements to resell78,9791,0915.48%96,0661,7977.42%Interest-bearing deposits in other financial institutions1,094,20610,6693.87%2,033,48223,0524.50%Securities borrowed1,461,50417,7534.75%1,361,48117,4925.03%Other122,8932,1526.95%130,6242,3677.19%Interest-earning assets, gross (3)14,799,227194,6635.22%15,368,769209,3135.40%Allowance for credit losses(95,047)(110,191)Interest-earning assets, net14,704,18015,258,578Noninterest-earning assets943,8331,065,783Total assets$15,648,013$16,324,361Liabilities and Stockholders' EquityInterest-bearing liabilitiesInterest-bearing deposits$7,984,644$54,1672.69%$8,176,034$67,4113.27%Securities loaned1,465,47416,0204.34%1,353,19516,4074.81%Notes payable and other borrowings904,53711,0954.87%1,399,17819,2885.47%Total interest-bearing liabilities10,354,65581,2823.11%10,928,407103,1063.74%Noninterest-bearing liabilitiesNoninterest-bearing deposits2,753,6542,795,588Other liabilities341,328399,964Total liabilities13,449,63714,123,959Stockholders’ equity2,170,9472,172,640Noncontrolling interest27,42927,762Total liabilities and stockholders' equity$15,648,013$16,324,361Net interest income (3)$113,381$106,207Net interest spread (3)2.11%1.66%Net interest margin (3)3.04%2.74%Year Ended December 31,20252024AverageInterestAnnualizedAverageInterestAnnualizedOutstandingEarnedYield orOutstandingEarnedYield orNet Interest Margin (Taxable Equivalent) Details (1)Balanceor PaidRateBalanceor PaidRateAssetsInterest-earning assetsLoans held for sale$867,819$53,1736.04%$934,983$53,0735.60%Loans held for investment, gross (2)8,079,525472,6315.85%7,921,528491,4326.20%Investment securities - taxable2,473,448101,1334.09%2,537,856107,0074.16%Investment securities - non-taxable (3)367,40515,9654.35%324,68412,6383.84%Federal funds sold and securities purchased under agreements to resell83,8095,2206.23%98,3377,2327.35%Interest-bearing deposits in other financial institutions1,347,73656,0144.16%1,526,74875,6334.95%Securities borrowed1,432,07175,2815.18%1,355,55477,7855.66%Other125,6347,8766.27%159,14114,0418.82%Interest-earning assets, gross (3)14,777,447787,2935.33%14,858,831838,8415.65%Allowance for credit losses(99,869)(110,123)Interest-earning assets, net14,677,57814,748,708Noninterest-earning assets970,0751,130,198Total assets$15,647,653$15,878,906Liabilities and Stockholders' EquityInterest-bearing liabilitiesInterest-bearing deposits$7,960,778$228,2752.87%$7,822,536$275,2913.52%Securities loaned1,424,18967,8484.76%1,335,15572,6145.44%Notes payable and other borrowings964,52147,2214.90%1,397,31370,6865.06%Total interest-bearing liabilities10,349,488343,3443.32%10,555,004418,5913.97%Noninterest-bearing liabilitiesNoninterest-bearing deposits2,730,3362,824,450Other liabilities360,196332,340Total liabilities13,440,02013,711,794Stockholders’ equity2,180,0982,139,732Noncontrolling interest27,53527,380Total liabilities and stockholders' equity$15,647,653$15,878,906Net interest income (3)$443,949$420,250Net interest spread (3)2.01%1.68%Net interest margin (3)3.00%2.83%________________________________________(1) Information presented on a consolidated basis (dollars in thousands).(2) Average balance includes non-accrual loans.(3) Presented on a taxable-equivalent basis with annualized taxable equivalent adjustments based on the applicable 21% federal income tax rate for the periods presented. The adjustment to interest income was $0.8 million and $0.7 million for the three months ended December 31, 2025 and 2024, respectively, and $3.2 million and $2.5 million for the year ended December 31, 2025 and 2024, respectively.Conference Call InformationHilltop will host a live webcast and conference call at 8:00 AM Central (9:00 AM Eastern) on Friday, January 30, 2026. Hilltop Chairman, President and CEO Jeremy B. Ford and Hilltop CFO William B. Furr will review fourth quarter and full year 2025 financial results. Interested parties can access the conference call by dialing 800-549-8228 (Toll Free North America) or (+1) 289-819-1520 (International Toll) and then using the conference ID 55871. The conference call also will be webcast simultaneously on Hilltop’s Investor Relations website (http://ir.hilltop.com).About HilltopHilltop Holdings is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices located throughout Texas through PlainsCapital Bank. PlainsCapital Bank’s wholly owned subsidiary, PrimeLending, provides residential mortgage lending throughout the United States. Hilltop Holdings’ broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc., provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. At December 31, 2025, Hilltop employed approximately 3,570 people and operated 306 locations in 47 states. Hilltop Holdings’ common stock is listed on the New York Stock Exchange and NYSE Texas under the symbol “HTH.” Find more information at Hilltop.com, PlainsCapital.com, PrimeLending.com and Hilltopsecurities.com.FORWARD-LOOKING STATEMENTSThis press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated or implied in such statements. Forward-looking statements speak only as of the date they are made and, except as required by law, we do not assume any duty to update forward-looking statements. Such forward-looking statements include, but are not limited to, statements concerning such things as our outlook, plans, objectives, strategies, expectations, intentions and other statements that are not statements of historical fact, and may be identified by words such as “aim,” “anticipates,” “believes,” “building,” “continue,” “could,” “drive,” “estimates,” “expects,” “extent,” “focus,” “forecasts,” “goal,” “guidance,” “intends,” “may,” “might,” “outlook,” “plan,” “position,” “probable,” “progressing,” “projects,” “prudent,” “seeks,” “should,” “steady,” “target,” “view,” “will,” “working” or “would” or the negative of these words and phrases or similar words or phrases. The following factors, among others, could cause actual results to differ materially from those set forth in the forward-looking statements: (i) the credit risks of lending activities, including our ability to estimate credit losses and the allowance for credit losses, as well as the effects of changes in the level of, and trends in, loan delinquencies and write-offs; (ii) effectiveness of our data security controls in the face of cyber-attacks and any legal, reputational and financial risks following a cybersecurity incident; (iii) changes in general economic, market and business conditions in areas or markets where we compete, including changes in the price of crude oil; (iv) changes in the interest rate environment; (v) risks associated with concentration in real estate related loans; (vi) the effects of indebtedness on our ability to manage our business successfully, including the restrictions imposed by the indenture governing our indebtedness; (vii) disruptions to the economy and financial services industry, risks associated with uninsured deposits and responsive measures by federal or state governments or banking regulators, including increases in the cost of our deposit insurance assessments; (viii) cost and availability of capital; (ix) changes in state and federal laws, regulations or policies affecting one or more of our business segments, including changes in policies under the new Presidential administration, changes in regulatory fees, deposit insurance premiums, capital requirements and the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”); (x) changes in key management; (xi) competition in our banking, broker-dealer, and mortgage origination segments from other banks and financial institutions as well as investment banking and financial advisory firms, mortgage bankers, asset-based non-bank lenders and government agencies; (xii) legal and regulatory proceedings; and (xiii) our ability to use excess capital in an effective manner. For further discussion of such factors, see the risk factors described in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other reports that are filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement.Source: Hilltop Holdings Inc.View source version on businesswire.com: https://www.businesswire.com/news/home/20260129440856/en/Investor Relations Contact:Matt Dunn214-525-4636mdunn@hilltop.comSource: Hilltop Holdings Inc.