0001104659-26-015264
SEC filingHilltop Holdings Inc. reported net income attributable to Hilltop of $165.6 million for fiscal year 2025, with total revenue (net interest income plus total noninterest income) of $1.28 billion. The company generated net interest income of $440.7 million and total noninterest income of $841.1 million, driven by principal transactions, commissions and fees ($253.3 million) and net gains from sale of loans and other mortgage production income ($198.5 million). Total noninterest expense was $1.05 billion, with employees' compensation and benefits being the largest component at $730.6 million. The balance sheet shows total assets of $15.84 billion, with loans held for investment (net) of $8.22 billion and total deposits of $10.88 billion. Cash flow from operations was negative $38.7 million, while investing and financing activities used $364.8 million and $714.2 million respectively, resulting in a net decrease in cash of $1.12 billion. Earnings per share were $3.00 both basic and diluted.
Hilltop Holdings Inc. reported fiscal year 2025 results with net income of $172.0 million and net income attributable to Hilltop of $165.6 million. The company generated total interest income of $784.0 million and total interest expense of $343.3 million, resulting in net interest income of $440.7 million. After provision for credit losses of $7.3 million, net interest income after provision was $433.4 million. Total noninterest income was $841.1 million, comprising net gains from sale of loans and other mortgage production income ($198.5 million), principal transactions, commissions and fees ($253.3 million), and other noninterest income ($105.4 million). Total noninterest expense was $1.05 billion, with employees' compensation and benefits accounting for $730.6 million. Income before income taxes was $221.1 million, with income tax expense of $49.0 million.
The company's revenue streams are divided between interest income and noninterest income. Interest income of $784.0 million came primarily from loans including fees ($525.8 million), securities borrowed ($75.3 million), taxable securities ($101.1 million), tax-exempt securities ($12.7 million), and other interest income ($69.1 million). Noninterest income of $841.1 million was driven by principal transactions, commissions and fees ($253.3 million), net gains from sale of loans and other mortgage production income ($198.5 million), and other noninterest income ($105.4 million). The document does not provide segment breakdown or geographic mix data for revenue analysis.
The company's profitability metrics show net income of $172.0 million for fiscal year 2025. Earnings per common share were $3.00 both basic and diluted, based on weighted average shares of 62.7 million. The document does not provide gross margin, operating margin, or prior period comparisons for margin analysis. Total noninterest expense of $1.05 billion represented the largest cost component, with employees' compensation and benefits at $730.6 million, occupancy and equipment at $81.6 million, professional services at $40.0 million, and other noninterest expense at $201.2 million.
Cash flow from operating activities was negative $38.7 million for fiscal year 2025, primarily due to net income of $172.0 million offset by various adjustments including net gains from sales of loans ($198.5 million) and changes in working capital items. Investing activities used $364.8 million, mainly from purchases of securities available for sale ($295.3 million) and net change in loans held for investment ($401.7 million), partially offset by proceeds from sales and maturities of securities. Financing activities used $714.2 million, driven by payments on long-term borrowings ($1.25B), payments to repurchase common stock ($184.0 million), and dividends paid ($45.4 million). The balance sheet shows total assets of $15.84 billion, with cash and due from banks of $1.23 billion, total securities of $2.84 billion, loans held for investment net of $8.22 billion, and total liabilities of $13.65 billion. Total stockholders' equity was $2.20 billion.
The document does not contain management guidance, strategic priorities, or specific forward-looking statements about the company's outlook. The filing presents historical financial data for fiscal year 2025 without providing explicit projections or expectations for future periods. No risk factors or strategic initiatives are disclosed in the provided financial data sections.