Latest Quarterly Results
For the fourth quarter ended December 31, 2025, Hilltop Holdings reported consolidated revenue of $329.89 million, representing a 9.6% increase compared to $301.5 million in the fourth quarter of 2024. Net income attributable to common stockholders was $41.6 million, a 17.2% increase from $35.5 million in the prior-year period.
Segment Highlights
- Banking (PlainsCapital Bank): The segment produced core loan and deposit growth. Annualized return on average assets for the quarter was 1.09%.
- Mortgage (PrimeLending): Mortgage loan origination production volume reached $2.4 billion in the fourth quarter. Net gains from loans sold to third parties increased to 250 basis points.
- Broker-Dealer (HilltopSecurities): The unit reported fourth-quarter pre-tax income of $26 million on net revenue of $138 million, resulting in a pre-tax margin of 18%.
Financial Trends
Full Year Results Context
Annual net income for 2025 totaled $165.6 million, a 46% increase compared to $113.2 million in the previous fiscal year. Total annual revenue reached approximately $1.3 billion, an 8% increase from 2024. Directional trends indicate growth across all major business lines, with book value per common share increasing to $36.42 as of December 31, 2025.
Business & Operations Update
In January 2026, PlainsCapital Bank appointed Travis Edlund as the San Antonio Region Chairman. The company reported a provision for credit losses of $7.8 million for the fourth quarter, compared to a reversal of $5.9 million in the year-ago period. Total assets stood at $15.8 billion at the end of December 2025, up from $15.6 billion in September 2025.
M&A or Strategic Moves
Hilltop Holdings announced a new stock repurchase program authorizing up to $125 million in share buybacks through January 2027. During the 2025 fiscal year, the company returned $231 million to stockholders through dividends and the repurchase of 5.7 million shares. The Board of Directors also approved an 11% increase in the quarterly cash dividend to $0.20 per share.
Guidance & Outlook
Management indicates a projected bank loan growth of 4% to 6% for the 2026 fiscal year. Market participants are monitoring the impact of potential Federal Reserve interest rate adjustments and the stability of mortgage origination margins in the upcoming quarters.
Performance Summary
Hilltop Holdings shares closed up 1.73% following the announcement of a 46% increase in annual net income. Consolidated Q4 revenue rose 9.6% to $329.89 million, supported by gains in the mortgage and broker-dealer segments. The company increased its quarterly dividend to $0.20 per share.