Hilltop Holdings Inc. · NYSE:HTH
Hilltop — Q3 2026 Earnings Presentation
20 slides from Hilltop's earnings presentation, Oct 22, 2026
Slide 1: Hilltop Holdings Inc. Q3 2026 Earnings Presentation
HILLTOP HOLDINGS INC. Q3 2026 EARNINGS PRESENTATION OCTOBER 2026
Slide 2: Preface: Forward-Looking Statements
PREFACE Corporate Headquarters Additional Information $36.1 MM $0.57 0.98% 6.62% 6565 Hillcrest Ave Please Contact: Dallas, TX 75205 Matt Dunn Phone: 214-855-2177 Phone: 214-525-4636 www.hilltop.com Email: [email protected] FORWARD-LOOKING STATEMENTS This presentation and statements made by represen
Slide 3: Investor Highlights – Q3 2026
INVESTOR HIGHLIGHTS – Q3 2026 Net Income EPS - Diluted ROAA ROAE $24.9 MM $0.44 0.67% . 4.67% • PlainsCapital Bank generated $44.1 million in pre-tax income during Q3 2026 • Bank net interest margin increased to 3.49%, up 7 basis points from Q2 2026 and 26 basis points from Q3 2025 • Bank loans HFI1
Slide 4: Capital Highlights – Q3 2026
CAPITAL HIGHLIGHTS – Q3 2026 • During Q3 2026, Hilltop returned approximately $32.6 million to stockholders through dividends and share repurchases o $12.6 million in dividends o $20.0 million in share repurchases (0.51 million shares) Capital Management and Tangible Book Value Growth 1, 2 2 2 Notes
Slide 5: Q3 Financial Summary
HILLTOP HOLDINGS – Q3 FINANCIAL SUMMARY $ in millions, except EPS Income Statement and Key Metrics Q3 2026 Q2 2026 QoQ% Q3 2025 YoY% Net Interest Income $122.4 $115.9 6% $112.4 9% Noninterest Income 187.1 200.0 (6%) 217.8 (14%) Total Revenue 309.5 315.8 (2%) 330.2 (6%) Noninterest Expenses 264.1 266
Slide 6: Allowance for Credit Losses
HILLTOP HOLDINGS – ALLOWANCE FOR CREDIT LOSSES Allowance for Credit Losses at Period End ($ in millions) $100.0 4.00% $95.2 $95.0 $8.0 $93.9 3.50% $91.5 $90.0 $89.0 3.00% $1.7 $85.0 $84.9 $0.5 2.50% $80.0 ($1.2) 2.00% $75.0 1.16% 1.07% 1.10% 1.50% $70.0 1.06% 0.98% 1.00% $65.0 $60.0 0.50% $55.0 0.00
Slide 7: Net Interest Income & Margin
HILLTOP HOLDINGS – NET INTEREST INCOME & MARGIN Net Interest Income Quarter-over-Quarter Net Interest Margin ($ in millions) Q2 2026 3.21% $ 1 2 5 . 0 $122.4 Deposits 0.03% $ 1 2 0 .0 Investment Securities (0.02%) $115.9 $112.5 Loans Held For Investment 0.07% $ 1 1 5 . 0 $112.4 $112.1 $ 1 1 0 . 0 Bo
Slide 8: Deposits
HILLTOP HOLDINGS – DEPOSITS Deposit Mix at Period End Key Drivers & Statistics ($ in billions) Q3'25 Q2'26 Q3'26 $10.9 $11.0 $10.7 $10.5 Average Depos i ts ($B) $10.5 $10.4 $10.7 $10.5 $0.5 $0.1 $0.3 $0.1 Average Broker-Dea ler Sweep Depos its ($B) $0.5 $0.3 $0.4 $0.4 1 Cos t of Interes t-Bea ring D
Slide 9: Noninterest Income
HILLTOP HOLDINGS – NONINTEREST INCOME Noninterest Income Year-over-Year Noninterest Income ($ in millions) ($ in millions) Q3 2025 $217.8 $217.8 $217.4 Net gains on sale of loans and other mortgage production income (11.3) $11.0 $3.3 Mortgage loan origination fees 2.4 $12.4 $200.0 Principal transact
Slide 10: Noninterest Expense
HILLTOP HOLDINGS – NONINTEREST EXPENSE Noninterest Expenses Year-over-Year Noninterest Expense ($ in millions) $400.0 ($ in millions) Q3 2025 $271.9 85.3% Compensation and Benefits (10.7) 82.6% 84.5% Occupancy and Equipment (0.2) 82.3% 81.5% $350.0 Professional Services (0.9) Other Expenses 4.1 Q3 2
Slide 11: Loans
HILLTOP HOLDINGS – LOANS Loan Mix at Period End Key Drivers & Statistics ($ in billions) $8.8 $8.7 Q3'25 Q2'26 Q3'26 $8.3 $8.4 $0.3 $8.2 $0.3 $0.3 Average Loa ns HFI Ba la nce ($B) $8.1 $8.5 $8.7 $0.3 $0.3 $1.5 Annual ized HTH Loan HFI Yield % 5.95% 5.73% 5.80% $1.4 $1.4 $1.4 $1.4 Annual ized Bank L
Slide 12: PlainsCapital Bank – Asset Quality
PLAINSCAPITAL BANK – ASSET QUALITY Criticized Loans as a % of Bank Loans Non-Performing Assets 1 ($ in thousands) 2.87% 2.52% 2.65% 0.97% 2.30% 2.18% 0.20% 0.86% 0.16% 0.14% 0.77% 0.75% 0.71% 2.36% 2.67% 2.51% $76,542 2.30% 2.18% $61,468 $69,479 $62,268 $60,216 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 202
Slide 13: 2026 Outlook
HILLTOP HOLDINGS – 2026 OUTLOOK Outlook Loan Growth • Full year average Bank loans (excluding retained mortgages and mortgage warehouse lending) expected to increase 7% – 8% (Full Year Average HFI Loan Growth) • Expect to retain $10 – $30 million per month of originated mortgages Deposit Growth • Fu
Slide 14: Appendix
Appendix 14 ©2026 Hilltop Holdings. Confidential and Proprietary.
Slide 15: Non-GAAP to GAAP Reconciliation and Explanation of Non-GAAP Measures
NON-GAAP TO GAAP RECONCILIATION AND MANAGEMENT’S EXPLANATION OF NON- GAAP FINANCIAL MEASURES Tangible Common Equity is a non-GAAP financial measure. Tangible common equity is defined as our total stockholders’ equity reduced by goodwill and other intangible assets. This is a measure used by manageme
Slide 16: PlainsCapital Bank – Q3 2026 Highlights
PLAINSCAPITAL BANK – Q3 2026 HIGHLIGHTS Summary Results ($ in millions) Q3 2025 Q3 2026 Key Highlights Q3 2025 Q3 2026 Net Interes t Income $96.8 $104.9 ROAA 1.34% 1.06% Provi s i on for (Revers a l of) Credi t Los s es (2.6) 10.1 Ful l Servi ce Bra nches (period end) 55 54 Noni nteres t Income 11.0
Slide 17: PrimeLending – Q3 2026 Highlights
PRIMELENDING – Q3 2026 HIGHLIGHTS Summary Results Key Highlights ($ in millions) Q3 2025 Q3 2026 ($ in millions) Q3 2025 Q3 2026 Net Interes t Income (Expense) ($2.1) ($0.5) Origination Volume $2,297 $2,210 Noni nteres t Income 76.6 67.7 % Purchas e 88% 88% Noni nteres t Expens e 81.8 78.0 Sa les Vo
Slide 18: HilltopSecurities – Q3 2026 Highlights
HILLTOPSECURITIES – Q3 2026 HIGHLIGHTS Summary Results Key Highlights ($ in millions) Q3 2025 Q3 2026 ($ in millions) Q3 2025 Q3 2026 Net Interest Income $12.7 $12.4 Compensation/Net Revenue (%) 60.2% 67.5% Provision for (Reversal of) Credit Losses 0.1 0.0 Pre-tax Margin (%) 18.3% 5.9% Noninterest I
Slide 19: Auto Lending Portfolio
HILLTOP HOLDINGS – AUTO LENDING PORTFOLIO Auto Note Financing Commitments ¹ Commentary ($ in millions) • Auto Note Finance committed portfolio balance has been in decline $281 since 2021 o The impacts of higher interest rates and declining values of used vehicles continue to put downward pressure on
Slide 20: Commercial Real Estate Portfolio
HILLTOP HOLDINGS – COMMERCIAL REAL ESTATE PORTFOLIO Commercial Real Estate Portfolio Commercial Real Estate – Non-Owner Occupied (Ending Balance, $ in millions, on September 30, 2026) (Ending Balance on September 30, 2026) Office 11% 6% 23% CRE Owner Retail Occupied Hotel/Motel $1,575 $2,285 16% Mul