Hilltop Holdings Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Hilltop Holdings Inc. reported net income of $172.0M (+39.6% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Loans, including fees | $525.8M | $544.5M | $542.3M | $416.2M |
| Securities borrowed | $75.3M | $77.8M | $71.9M | $44.4M |
| Taxable | $101.1M | $107.0M | $108.3M | $75.8M |
| Tax-exempt | $12.7M | $10.2M | $10.8M | $10.0M |
| Other | $69.1M | $96.9M | $105.2M | $44.7M |
| Total interest income | $784.0M | $836.4M | $838.4M | $591.1M |
| Deposits | $228.3M | $275.3M | $223.2M | $50.4M |
| Securities loaned | $67.8M | $72.6M | $65.2M | $38.6M |
| Short-term borrowings | $31.3M | $44.1M | $57.9M | $20.9M |
| Notes payable | $11.5M | $14.7M | $15.4M | $16.1M |
| Other | $4.4M | $11.9M | $9.9M | $6.1M |
| Total interest expense | $343.3M | $418.6M | $371.5M | $132.1M |
| Net interest income | $440.7M | $417.8M | $466.8M | $459.0M |
| Provision for (reversal of) credit losses | $7.3M | $941.0K | $18.4M | $8.3M |
| Net interest income after provision for (reversal of) credit losses | $433.4M | $416.9M | $448.5M | $450.7M |
| Net gains from sale of loans and other mortgage production income | $198.5M | $190.0M | $172.2M | $302.4M |
| Principal transactions, commissions and fees | $253.3M | — | — | — |
| Other | $105.4M | $189.3M | $156.1M | $114.0M |
| Total noninterest income | $841.1M | $771.0M | $729.0M | $832.5M |
| Employees' compensation and benefits | $730.6M | $687.1M | $678.3M | $773.7M |
| Occupancy and equipment, net | $81.6M | $91.2M | $89.3M | $97.1M |
| Professional services | $40.0M | $44.4M | $49.1M | $48.5M |
| Other | $201.2M | $210.7M | $211.6M | $207.7M |
| Total noninterest expense | $1.1B | $1.0B | $1.0B | $1.1B |
| Income before income taxes | $221.1M | $154.3M | $149.1M | $156.1M |
| Income tax expense | $49.0M | $31.0M | $31.1M | $36.8M |
| Net income | $172.0M | $123.2M | $118.0M | $119.3M |
| Less: Net income attributable to noncontrolling interest | $6.4M | $10.0M | $8.3M | $6.2M |
| Income attributable to Hilltop | $165.6M | $113.2M | $109.6M | $113.1M |
| Basic (in dollars per share) | $2.64 | $1.74 | $1.69 | $1.61 |
| Diluted (in dollars per share) | $2.64 | $1.74 | $1.69 | $1.60 |
| Basic (in shares) | 62.7M | 65.0M | 65.0M | 70.4M |
| Diluted (in shares) | 62.7M | 65.0M | 65.0M | 70.6M |
| Line item | Sep 30, 2026 · Q3 | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 |
|---|---|---|---|---|
| Loans, including fees | $141.0M | $134.5M | $130.1M | $135.8M |
| Securities borrowed | $12.0M | $15.3M | $14.2M | $21.2M |
| Taxable | $27.1M | $28.4M | $26.9M | $25.5M |
| Tax-exempt | $3.0M | $3.4M | $3.0M | $3.5M |
| Other | $8.7M | $7.5M | $10.1M | $14.3M |
| Total interest income | $191.8M | $189.0M | $184.3M | $200.3M |
| Deposits | $46.3M | $45.3M | $48.3M | $57.0M |
| Securities loaned | $10.3M | $13.8M | $12.8M | $19.4M |
| Short-term borrowings | $8.8M | $10.4M | $7.6M | $7.9M |
| Notes payable | $2.4M | $2.4M | $2.4M | $2.4M |
| Other | $1.7M | $1.3M | $1.1M | $1.2M |
| Total interest expense | $69.5M | $73.2M | $72.2M | $87.9M |
| Net interest income | $122.4M | $115.9M | $112.1M | $112.4M |
| Provision for (reversal of) credit losses | $10.2M | ($974.0K) | $1.8M | ($2.5M) |
| Net interest income after provision for (reversal of) credit losses | $112.2M | $116.8M | $110.3M | $114.9M |
| Net gains from sale of loans and other mortgage production income | $40.4M | $48.6M | $51.0M | $51.7M |
| Principal transactions, commissions and fees | $46.2M | $64.2M | $66.5M | — |
| Other | $19.1M | $12.7M | $12.1M | $49.2M |
| Total noninterest income | $187.1M | $200.0M | $188.4M | $217.8M |
| Employees' compensation and benefits | $179.3M | $179.9M | $169.0M | $190.0M |
| Occupancy and equipment, net | $19.7M | $19.4M | $19.8M | $19.9M |
| Professional services | $11.8M | $12.6M | $11.2M | $12.7M |
| Other | $53.3M | $54.8M | $48.3M | $49.3M |
| Total noninterest expense | $264.1M | $266.7M | $248.3M | $271.9M |
| Income before income taxes | $35.2M | $50.0M | $50.4M | $60.8M |
| Income tax expense | $8.9M | $12.1M | $11.4M | $14.1M |
| Net income | $26.3M | $38.0M | $39.0M | $46.7M |
| Less: Net income attributable to noncontrolling interest | $1.4M | $1.4M | $1.2M | $856.0K |
| Income attributable to Hilltop | $24.9M | $36.5M | $37.8M | $45.8M |
| Basic (in dollars per share) | $0.44 | $0.63 | $0.64 | $0.74 |
| Diluted (in dollars per share) | $0.44 | $0.63 | $0.64 | $0.74 |
| Basic (in shares) | 57.0M | 57.9M | 59.1M | 62.1M |
| Diluted (in shares) | 57.1M | 58.0M | 59.2M | 62.2M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $1.2B | $2.3B | $1.9B | $1.6B |
| Federal funds sold | $650.0K | $650.0K | $650.0K | $650.0K |
| Assets segregated for regulatory purposes | $20.2M | $71.0M | $57.4M | $67.7M |
| Securities purchased under agreements to resell | $56.0M | $88.7M | $80.0M | $118.1M |
| Trading, at fair value | $617.4M | $524.9M | $516.0M | $755.0M |
| Available for sale, at fair value, net (amortized cost of $1,554,096 and $1,498,415, respectively) | $1.5B | $1.4B | $1.5B | $1.7B |
| Held to maturity, at amortized cost, net (fair value of $674,890 and $649,872, respectively) | $728.3M | $737.9M | $812.7M | $875.5M |
| Equity, at fair value | $265.0K | $297.0K | $321.0K | $200.0K |
| Total securities | $2.8B | $2.7B | $2.8B | $3.3B |
| Loans held for sale | $950.1M | $858.7M | $943.8M | $982.6M |
| Loans held for investment, net of unearned income | $8.3B | $8.0B | $8.1B | $8.1B |
| Allowance for credit losses | ($91.5M) | ($101.1M) | ($111.4M) | ($95.4M) |
| Loans held for investment, net | $8.2B | $7.8B | $8.0B | $8.0B |
| Broker-dealer and clearing organization receivables | $1.6B | $1.5B | $1.6B | $1.0B |
| Premises and equipment, net | $132.8M | $148.2M | $168.9M | $184.9M |
| Operating lease right-of-use assets | $83.8M | $90.6M | $88.6M | $102.4M |
| Mortgage servicing rights | $17.5M | $5.7M | $96.7M | $100.8M |
| Other assets | $432.6M | $470.1M | $517.5M | $518.9M |
| Goodwill | $267.4M | $267.4M | $267.4M | $267.4M |
| Other intangible assets, net | $5.6M | $6.6M | $8.5M | $11.3M |
| Total assets | $15.8B | $16.3B | $16.5B | $16.3B |
| Noninterest-bearing | $2.8B | $2.8B | $3.0B | $4.0B |
| Interest-bearing | $8.0B | $8.3B | $8.1B | $7.3B |
| Total deposits | $10.9B | $11.1B | $11.1B | $11.3B |
| Broker-dealer and clearing organization payables | $1.5B | $1.3B | $1.4B | $966.5M |
| Short-term borrowings | $676.9M | $834.0M | $900.0M | $970.1M |
| Securities sold, not yet purchased, at fair value | $38.0M | $57.2M | $34.9M | $53.0M |
| Notes payable | $148.6M | $347.7M | $347.1M | $346.7M |
| Operating lease liabilities | $100.2M | $109.1M | $109.0M | $126.8M |
| Other liabilities | $287.2M | $304.6M | $431.7M | $417.0M |
| Total liabilities | $13.6B | $14.0B | $14.3B | $14.2B |
| Common stock, $0.01 par value, 125,000,000 shares authorized; 59,540,484 and 64,967,984 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 595.0K | 650.0K | 652.0K | 647.0K |
| Additional paid-in capital | $973.1M | $1.1B | $1.1B | $1.0B |
| Accumulated other comprehensive loss | ($79.9M) | ($111.5M) | ($121.5M) | ($133.5M) |
| Retained earnings | $1.3B | $1.2B | $1.2B | $1.1B |
| Total Hilltop stockholders' equity | $2.2B | $2.2B | $2.1B | $2.0B |
| Noncontrolling interests | $29.2M | $28.3M | $27.4M | $26.6M |
| Total stockholders' equity | $2.2B | $2.2B | $2.2B | $2.1B |
| Total liabilities and stockholders' equity | $15.8B | $16.3B | $16.5B | $16.3B |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks | $1.2B | $750.5M | $874.2M | $1.3B |
| Federal funds sold | $650.0K | $650.0K | $650.0K | $650.0K |
| Assets segregated for regulatory purposes | $18.0M | $17.8M | $17.7M | $5.0M |
| Securities purchased under agreements to resell | $119.5M | $112.5M | $133.1M | $78.9M |
| Trading, at fair value | $596.6M | $674.1M | $698.1M | $574.4M |
| Available for sale, at fair value, net (amortized cost of $1,477,022 and $1,554,096, respectively) | $1.4B | $1.5B | $1.5B | $1.4B |
| Held to maturity, at amortized cost, net (fair value of $653,508 and $674,890, respectively) | $740.2M | $745.2M | $759.6M | $755.0M |
| Equity, at fair value | $293.0K | $287.0K | $238.0K | $248.0K |
| Total securities | $2.7B | $2.9B | $2.9B | $2.8B |
| Loans held for sale | $625.6M | $1.0B | $807.7M | $849.4M |
| Loans held for investment, net of unearned income | $8.8B | $8.7B | $8.4B | $8.2B |
| Allowance for credit losses | ($93.9M) | ($84.9M) | ($89.0M) | ($95.2M) |
| Loans held for investment, net | $8.7B | $8.6B | $8.3B | $8.1B |
| Broker-dealer and clearing organization receivables | $1.8B | $1.7B | $1.6B | $1.5B |
| Premises and equipment, net | $131.4M | $131.1M | $135.6M | $136.8M |
| Operating lease right-of-use assets | $96.8M | $88.3M | $89.8M | $87.5M |
| Mortgage servicing rights | $28.1M | $22.8M | $20.0M | $12.3M |
| Other assets | $534.4M | $428.1M | $452.8M | $459.6M |
| Goodwill | $267.4M | $267.4M | $267.4M | $267.4M |
| Other intangible assets, net | $4.9M | $5.1M | $5.4M | $5.9M |
| Total assets | $16.2B | $16.0B | $15.7B | $15.6B |
| Noninterest-bearing | $2.9B | $2.7B | $2.8B | $2.8B |
| Interest-bearing | $8.1B | $7.8B | $7.7B | $7.9B |
| Total deposits | $11.0B | $10.5B | $10.5B | $10.7B |
| Broker-dealer and clearing organization payables | $1.6B | $1.5B | $1.5B | $1.4B |
| Short-term borrowings | $825.2M | $1.2B | $990.8M | $681.0M |
| Securities sold, not yet purchased, at fair value | $105.6M | $90.3M | $63.3M | $65.1M |
| Notes payable | $148.8M | $148.7M | $148.6M | $148.5M |
| Operating lease liabilities | $112.4M | $104.4M | $106.2M | $104.1M |
| Other liabilities | $303.9M | $219.8M | $205.6M | $269.3M |
| Total liabilities | $14.1B | $13.8B | $13.5B | $13.4B |
| Common stock, $0.01 par value, 125,000,000 shares authorized; 56,789,014 and 59,540,484 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively | 568.0K | 573.0K | 585.0K | 613.0K |
| Additional paid-in capital | $932.0M | $936.5M | $953.2M | $998.6M |
| Accumulated other comprehensive loss | ($102.4M) | ($81.0M) | ($82.3M) | ($87.3M) |
| Retained earnings | $1.3B | $1.3B | $1.3B | $1.3B |
| Total Hilltop stockholders' equity | $2.1B | $2.1B | $2.1B | $2.2B |
| Noncontrolling interests | $30.1M | $30.1M | $29.7M | $27.7M |
| Total stockholders' equity | $2.1B | $2.2B | $2.2B | $2.2B |
| Total liabilities and stockholders' equity | $16.2B | $16.0B | $15.7B | $15.6B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $172.0M | $123.2M | $118.0M | $119.3M |
| Provision for (reversal of) credit losses | $7.3M | $941.0K | $18.4M | $8.3M |
| Depreciation, amortization and accretion, net | $15.7M | $19.9M | $19.6M | $32.6M |
| Equity in earnings of merchant banking subsidiaries | ($46.7M) | ($9.2M) | ($9.1M) | — |
| Deferred income taxes | $5.4M | ($19.5M) | $7.0M | $8.2M |
| Other, net | $14.3M | $4.1M | $14.2M | $15.3M |
| Net change in securities purchased under agreements to resell | $32.8M | ($8.7M) | $38.1M | $192.0K |
| Net change in trading securities | $34.5M | $25.3M | $239.0M | ($107.0M) |
| Net change in broker-dealer and clearing organization receivables | ($117.3M) | $102.0M | ($448.8M) | $936.9M |
| Net change in other assets | $1.6M | $42.2M | $25.0M | ($10.6M) |
| Net change in broker-dealer and clearing organization payables | $118.6M | ($64.5M) | $413.6M | ($734.2M) |
| Net change in other liabilities | ($33.7M) | ($10.9M) | ($2.9M) | $54.1M |
| Net change in securities sold, not yet purchased | ($19.3M) | $22.4M | ($18.2M) | ($43.6M) |
| Change in valuation of mortgage servicing rights asset | $2.2M | $15.1M | $12.5M | ($22.0M) |
| Net gains from sales of loans | ($198.5M) | ($190.0M) | ($172.2M) | ($302.4M) |
| Loans originated for sale | ($10.2B) | ($10.0B) | ($9.5B) | ($14.2B) |
| Proceeds from loans sold | $10.2B | $10.1B | $9.7B | $15.4B |
| Net cash provided by (used in) operating activities | ($38.7M) | $273.9M | $443.0M | $1.2B |
| Proceeds from maturities and principal reductions of securities held to maturity | $115.1M | $82.0M | $68.9M | $95.6M |
| Proceeds from sales, maturities and principal reductions of securities available for sale | $254.1M | $235.7M | $249.5M | $329.6M |
| Proceeds from sales of equity securities | $6.5M | $12.7M | — | — |
| Purchases of securities held to maturity | ($100.0M) | — | — | ($13.2M) |
| Purchases of securities available for sale | ($295.3M) | ($116.1M) | ($65.2M) | ($768.5M) |
| Net change in loans held for investment | ($401.7M) | $110.9M | ($71.4M) | ($515.3M) |
| Purchases of premises and equipment and other assets | ($16.8M) | ($7.1M) | ($8.5M) | ($9.8M) |
| Proceeds from sales and distributions of premises and equipment and other assets | $74.9M | $7.6M | $4.3M | $4.5M |
| Net cash paid to Federal Home Loan Bank and Federal Reserve Bank stock | ($1.7M) | ($75.0K) | $662.0K | ($212.0K) |
| Net cash provided by (used in) investing activities | ($364.8M) | $354.2M | $158.3M | ($877.3M) |
| Net change in deposits | ($119.3M) | ($32.2M) | ($201.9M) | ($1.3B) |
| Net change in short-term borrowings | ($183.9M) | ($93.2M) | ($70.9M) | $108.4M |
| Proceeds from long-term borrowings | $1.1B | $918.7M | $490.2M | $821.6M |
| Payments on long-term borrowings | ($1.2B) | ($890.9M) | ($490.2M) | ($863.3M) |
| Payments to repurchase common stock | ($184.0M) | ($19.9M) | ($5.1M) | ($442.3M) |
| Dividends paid on common stock | ($45.4M) | ($44.3M) | ($41.6M) | ($43.0M) |
| Net cash distributed to noncontrolling interest | ($5.6M) | ($9.0M) | ($7.6M) | ($6.1M) |
| Other, net | ($2.9M) | ($3.7M) | ($5.4M) | ($5.9M) |
| Net cash used in financing activities | ($714.2M) | ($174.3M) | ($332.5M) | ($1.7B) |
| Net change in cash, cash equivalents and restricted cash | ($1.1B) | $453.8M | $268.8M | ($1.4B) |
| Cash, cash equivalents and restricted cash, beginning of year | $2.4B | $1.9B | $1.6B | $3.0B |
| Cash, cash equivalents and restricted cash, end of year | $1.3B | — | $1.9B | $1.6B |
| Cash paid for interest | $347.1M | $426.8M | $357.4M | $128.4M |
| Cash paid for income taxes, net of refunds | $61.1M | $44.2M | $19.1M | $15.1M |
| Conversion of loans to other real estate owned | $7.6M | $3.0M | $5.6M | $1.3M |
| Additions to mortgage servicing rights | $14.0M | $11.4M | $27.4M | $57.0M |
| Non-cash distributions from merchant banking investments | $11.5M | — | — | — |
| Line item | Sep 30, 2026 · YTD | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $103.3M | $77.0M | $39.0M | $129.1M |
| Provision for (reversal of) credit losses | $11.0M | $791.0K | $1.8M | ($513.0K) |
| Depreciation, amortization and accretion, net | $5.3M | $3.8M | $1.8M | $12.7M |
| Equity in earnings of merchant banking subsidiaries | ($6.0M) | $140.0K | ($241.0K) | ($39.7M) |
| Deferred income taxes | $7.1M | $6.8M | $4.7M | $6.0M |
| Other, net | $10.5M | $6.6M | $3.1M | $10.9M |
| Net change in securities purchased under agreements to resell | ($63.6M) | ($56.5M) | ($77.1M) | $9.8M |
| Net change in trading securities | $20.8M | ($56.6M) | ($80.7M) | $77.5M |
| Net change in broker-dealer and clearing organization receivables | ($221.7M) | ($187.1M) | ($52.8M) | ($28.4M) |
| Net change in other assets | ($54.3M) | $3.6M | ($14.5M) | ($35.3M) |
| Net change in broker-dealer and clearing organization payables | $45.3M | $1.0M | ($21.3M) | $67.5M |
| Net change in other liabilities | ($24.9M) | ($77.1M) | ($91.0M) | ($51.2M) |
| Net change in securities sold, not yet purchased | $67.6M | $52.3M | $25.4M | $7.9M |
| Proceeds from sale of mortgage servicing rights asset | $113.0K | $48.0K | — | — |
| Change in valuation of mortgage servicing rights asset | ($2.4M) | $462.0K | ($8.0K) | $1.7M |
| Net gains from sales of loans | ($140.0M) | ($99.6M) | ($51.0M) | ($149.0M) |
| Loans originated for sale | ($7.5B) | ($4.9B) | ($2.2B) | ($7.4B) |
| Proceeds from loans sold | $7.9B | $4.9B | $2.4B | $7.5B |
| Net cash provided by operating activities | $223.1M | ($284.7M) | ($127.3M) | $44.2M |
| Proceeds from maturities and principal reductions of securities held to maturity | $83.1M | $62.1M | $31.8M | $87.0M |
| Proceeds from sales, maturities and principal reductions of securities available for sale | $181.2M | $131.0M | $73.6M | $193.5M |
| Purchases of securities held to maturity | ($90.5M) | ($75.8M) | ($61.4M) | ($100.0M) |
| Purchases of securities available for sale | ($110.7M) | ($96.0M) | ($56.6M) | ($196.0M) |
| Net change in loans held for investment | ($457.0M) | ($304.8M) | ($108.5M) | ($325.4M) |
| Purchases of premises and equipment and other assets | ($16.2M) | ($12.0M) | ($6.6M) | ($2.7M) |
| Proceeds from sales and distributions of premises and equipment and other assets | $9.8M | $7.2M | $198.0K | $69.5M |
| Net cash paid to Federal Home Loan Bank and Federal Reserve Bank stock | ($72.0K) | ($36.0K) | ($35.0K) | ($1.7M) |
| Net cash used in investing activities | ($400.3M) | ($288.4M) | ($127.4M) | ($269.2M) |
| Net change in deposits | $151.2M | ($359.4M) | ($361.7M) | ($344.0M) |
| Net change in short-term borrowings | $156.6M | $574.2M | $298.9M | ($174.4M) |
| Proceeds from long-term borrowings | $691.6M | $469.8M | $268.5M | $823.8M |
| Payments on long-term borrowings | ($699.4M) | ($477.6M) | ($253.5M) | ($1.0B) |
| Payments to repurchase common stock | ($114.5M) | ($94.5M) | ($47.5M) | ($123.2M) |
| Dividends paid on common stock | ($36.0M) | ($23.4M) | ($11.8M) | ($34.4M) |
| Net cash distributed to noncontrolling interest | ($3.1M) | ($1.8M) | ($695.0K) | ($5.7M) |
| Other, net | $1.8M | $2.0M | $2.2M | ($2.6M) |
| Net cash provided by (used in) financing activities | $148.1M | $89.3M | ($105.6M) | ($862.6M) |
| Net change in cash, cash equivalents and restricted cash | ($29.1M) | ($483.8M) | ($360.3M) | ($1.1B) |
| Cash, cash equivalents and restricted cash, beginning of period | $1.3B | $1.3B | $1.3B | $2.4B |
| Cash, cash equivalents and restricted cash, end of period | $1.2B | $769.0M | — | $1.3B |
| Cash paid for interest | $214.3M | $146.3M | $70.8M | $263.7M |
| Cash paid for income taxes, net of refunds | $27.3M | $20.7M | $66.0K | $42.6M |
| Conversion of loans to other real estate owned | $3.1M | $1.2M | $1.2M | $7.4M |
| Additions to mortgage servicing rights | $8.3M | $5.8M | $2.5M | $8.2M |
Hilltop Holdings Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.