← Hilltop Holdings Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $706.7m | $712.2m | $674.8m | $740.6m | $872.1m | $707.8m | $628.8m | $520.3m | $540.1m | $609.5m | |
| Interest income: | |||||||||||
| Noninterest income: | |||||||||||
| Additional Financial Items | |||||||||||
| Other Interest and Dividend Income | $4.3m | $11.8m | $18.0m | $16.5m | $6.9m | $6.6m | $44.7m | $105.2m | $96.9m | $69.1m | |
| Bank Owned Life Insurance Income | $600k | $600k | $600k | $1.0m | $500k | $500k | $500k | $500k | $600k | $800k | |
| Amortization of Intangible Assets | $10.2m | $8.3m | $8.4m | $7.8m | $6.3m | $5.1m | $4.0m | $2.9m | $1.8m | $1.0m | |
| Depreciation, Depletion and Amortization, Nonproduction | — | — | — | — | $27.9m | $28.4m | $26.8m | $23.3m | $22.7m | $18.1m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($3.3m) | $1.9m | — | $100k | ($100k) | — | — | ($400k) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | $5 | $5 | $2 | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | $5 | $5 | $2 | — | — | — | |
| Realized Investment Gains (Losses) | — | $16k | — | ($2.5m) | — | — | — | — | — | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $6k | — | — | — | — | — | — | — | — | — | |
| Loans, including fees | $389.6m | $412.0m | $436.7m | $460.5m | $433.3m | $404.3m | $416.2m | $542.3m | $544.5m | $525.8m | |
| Securities borrowed | $29.5m | $41.0m | $66.9m | $69.6m | $51.4m | $61.7m | $44.4m | $71.9m | $77.8m | $75.3m | |
| Taxable | $26.2m | $36.5m | $51.0m | $62.1m | $48.3m | $47.6m | $75.8m | $108.2m | $107.0m | $101.1m | |
| Tax-exempt | $6.2m | $5.8m | $6.8m | $6.2m | $6.7m | $9.8m | $10.0m | $10.8m | $10.2m | $12.7m | |
| Other | $335.3m | $242.1m | $224.3m | $204.2m | $224.8m | $225.3m | $207.7m | $211.6m | $210.7m | $201.2m | |
| Deposits | $15.8m | $24.7m | $46.0m | $71.5m | $47.0m | $23.6m | $50.4m | $223.2m | $275.3m | $228.3m | |
| Securities loaned | $22.5m | $32.3m | $56.7m | $60.1m | $42.8m | $51.0m | $38.6m | $65.2m | $72.6m | $67.8m | |
| Short-term borrowings | $5.8m | $13.8m | $25.8m | $26.8m | $11.6m | $9.1m | $20.9m | $57.9m | $44.1m | $31.3m | |
| Notes payable | $10.8m | $10.9m | $10.3m | $10.8m | $15.9m | $21.4m | $16.1m | $15.4m | $14.7m | $11.5m | |
| Net interest income | $397.5m | $421.7m | $436.3m | $441.3m | $424.2m | $423.0m | $459.0m | $466.8m | $417.8m | $440.7m | |
| Provision for (reversal of) credit losses | — | — | $5.1m | $7.2m | $96.5m | ($58.2m) | $8.3m | $18.4m | $941k | $7.3m | |
| Net interest income after provision for (reversal of) credit losses | $356.9m | $407.5m | $431.2m | $434.1m | $327.7m | $481.2m | $450.7m | $448.5m | $416.9m | $433.4m | |
| Net gains from sale of loans and other mortgage production income | $607.0m | $538.5m | $445.1m | $504.9m | $1.0b | $826.0m | $302.4m | $172.2m | $190.0m | $198.5m | |
| Principal transactions, commissions and fees | — | — | — | — | — | — | — | $218.9m | $250.6m | $253.3m | |
| Employees' compensation and benefits | $834.1m | $817.0m | $768.7m | $856.3m | $1.1b | $1.0b | $773.7m | $678.3m | $687.1m | $730.6m | |
| Occupancy and equipment, net | $109.4m | $113.9m | $115.2m | $114.3m | $99.4m | $100.6m | $97.1m | $89.3m | $91.2m | $81.6m | |
| Professional services | $128.2m | $101.5m | $105.8m | $96.1m | $70.0m | $54.3m | $48.5m | $49.1m | $44.4m | $40.0m | |
| Income attributable to Hilltop | $145.9m | $132.5m | $121.4m | $225.3m | $447.8m | $374.5m | $113.1m | $109.6m | $113.2m | $165.6m | |
| Basic (in shares) | $98.4m | $97.1m | $95.0m | $92.3m | $89.3m | $80.7m | $70.4m | $65.0m | $65.0m | $62.7m | |
| Diluted (in shares) | $98.6m | $97.4m | $95.1m | $92.4m | $89.3m | $81.2m | $70.6m | $65.0m | $65.0m | $62.7m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $231.4m | $243.3m | $160.8m | $300.3m | $564.4m | $504.1m | $156.1m | $149.1m | $154.3m | $221.1m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | $409.4m | $374.5m | $113.1m | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $431.3m | $386.1m | $119.3m | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $38.4m | — | — | — | — | — | |
| Total interest income | $456.0m | $507.2m | $579.4m | $614.8m | $546.5m | $530.0m | $591.1m | $838.4m | $836.4m | $784.0m | |
| Total noninterest income | $1.3b | $1.2b | $1.0b | $1.2b | $1.7b | $1.4b | $832.5m | $729.0m | $771.0m | $841.1m | |
| Income before income taxes | $231.4m | $243.3m | $160.8m | $300.3m | $564.4m | $504.1m | $156.1m | $149.1m | $154.3m | $221.1m | |
| Net Income (Loss) Attributable to Parent | $145.9m | $132.5m | $121.4m | $225.3m | $447.8m | $374.5m | $113.1m | $109.6m | $113.2m | $165.6m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $145.9m | $132.5m | $121.4m | $233.0m | $469.7m | $386.1m | $119.3m | $118.0m | $123.2m | $172.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.0m | $600k | $4.3m | $7.7m | $21.8m | $11.6m | $6.2m | $8.3m | $10.0m | $6.4m | |
| Less: Net income attributable to noncontrolling interest | $2.0m | $600k | $4.3m | $7.7m | $21.8m | $11.6m | $6.2m | $8.3m | $10.0m | $6.4m | |
| Earnings Per Share, Basic | $1.48 | $1.36 | $1.28 | $2.44 | $5.02 | $4.64 | $1.61 | $1.69 | $1.74 | $2.64 | |
| Earnings Per Share, Diluted | $1.48 | $1.36 | $1.28 | $2.44 | $5.01 | $4.61 | $1.60 | $1.69 | $1.74 | $2.64 | |
| Common Stock, Dividends, Per Share, Declared | $0.06 | $0.24 | $0.28 | $0.32 | $0.36 | $0.48 | $0.60 | $0.64 | $0.68 | $0.72 | |
| Weighted Average Number of Shares Outstanding, Basic | 98.4m | 97.1m | 95.0m | 92.3m | 89.3m | 80.7m | 70.4m | 65.0m | 65.0m | 62.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 98.6m | 97.4m | 95.1m | 92.4m | 89.3m | 81.2m | 70.6m | 65.0m | 65.0m | 62.7m | |
| Noninterest expense: | |||||||||||
| Labor and Related Expense | $834.1m | $817.0m | $768.7m | $856.3m | $1.1b | $1.0b | $773.7m | $678.3m | $687.1m | $730.6m | |
| Business Combination, Acquisition Related Costs | $7.5m | — | — | — | — | — | — | — | — | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $38.5m | $36.5m | $34.7m | $33.2m | — | — | — | — | — | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | — | — | — | $68.8m | — | — | — | — | — | — | |
| Interest Expense | $58.4m | $85.4m | $143.1m | $173.5m | $122.3m | $107.0m | $132.1m | $371.5m | $418.6m | $343.3m | |
| Current Income Tax Expense (Benefit) | $93.2m | $69.2m | $21.9m | $71.2m | $116.5m | $125.1m | $28.6m | $24.1m | $50.6m | $43.6m | |
| Income tax expense | $83.5m | $110.1m | $35.0m | $67.3m | $133.1m | $118.0m | $36.8m | $31.1m | $31.0m | $49.0m | |
| Interest Income (Expense), Net | $397.5m | $421.7m | $436.3m | $441.3m | $424.2m | $423.0m | $459.0m | $466.8m | $417.8m | $440.7m | |
| Total interest expense | $58.4m | $85.4m | $143.1m | $173.5m | $122.3m | $107.0m | $132.1m | $371.5m | $418.6m | $343.3m | |
| Total noninterest expense | $1.4b | $1.4b | $1.3b | $1.3b | $1.5b | $1.4b | $1.1b | $1.0b | $1.0b | $1.1b | |
| Income Tax Expense (Benefit) | $83.5m | $110.1m | $35.0m | $67.3m | $133.1m | $118.0m | $36.8m | $31.1m | $31.0m | $49.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.