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 and Forward-Looking Statements
2 ©2026 Hilltop Holdings. Confidential and Proprietary. PREFACE $36.1 MM $0.57 0.98% 6.62% Corporate Headquarters Additional Information 6565 Hillcrest Ave Dallas, TX 75205 Phone: 214-855-2177 www.hilltop.com Please Contact: Matt Dunn Phone: 214-525-4636 Email: [email protected] FORWARD-LOOKING STAT
Slide 3: Investor Highlights – Q3 2026
3 ©2026 Hilltop Holdings. Confidential and Proprietary. INVESTOR HIGHLIGHTS – Q3 2026 • 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 at peri
Slide 4: Capital Highlights – Q3 2026
4 ©2026 Hilltop Holdings. Confidential and Proprietary. CAPITAL HIGHLIGHTS – Q3 2026 Capital Management and Tangible Book Value Growth • 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 i
Slide 5: Q3 Financial Summary
5 ©2026 Hilltop Holdings. Confidential and Proprietary. 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% $112.4 9% Noninterest Income 187.1 200.0 (6%) 217.8 (14%) Total Revenue 30
Slide 6: Allowance for Credit Losses
6 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – ALLOWANCE FOR CREDIT LOSSES Allowance for Credit Losses at Period End 9/30/2026 Reserve Composition ($ in millions) Commentary • Applied Moody’s Analytics September 2026 baseline scenario for economic forecast • During the th
Slide 7: Hilltop Holdings – Net Interest Income & Margin
7 ©2026 Hilltop Holdings. Confidential and Proprietary. Q2 2026 3.21% Deposits 0.03% Investment Securities (0.02%) Loans Held For Investment 0.07% Borrowings 0.04% Q3 2026 3.33% HILLTOP HOLDINGS – NET INTEREST INCOME & MARGIN ($ in millions) Net Interest Income Quarter-over-Quarter Net Interest Marg
Slide 8: Deposits
8 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – DEPOSITS $7.6 $7.9 $7.6 $7.4 $7.6 $2.8 $2.8 $2.8 $2.7 $2.9 $0.3 $0.1 $0.1 $0.4 $0.5 $10.7 $10.9 $10.5 $10.5 $11.0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Interest-Bearing Deposits Noninterest-Bearing Deposits Broker-Dealer Sw
Slide 9: Noninterest Income
9 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – NONINTEREST INCOME $76.6 $76.2 $73.0 $79.0 $67.7 $131.8 $125.5 $104.2 $111.0 $104.3 $11.0 $12.4 $11.1 $12.2 $12.1 ($1.6) $3.3 $0.2 ($2.2) $3.1 $217.8 $217.4 $188.4 $200.0 $187.1 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 PrimeLe
Slide 10: Noninterest Expense
10 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – NONINTEREST EXPENSE $188.5 $185.0 $183.1 $189.2 $190.0 $83.4 $83.9 $65.2 $77.5 $74.2 $271.9 $268.9 $248.3 $266.7 $264.1 82.3% 81.5% 82.6% 84.5% 85.3% Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 $0.0 $50.0 $100.0 $150.0 $200.0 $2
Slide 11: Loans
11 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – LOANS $6.2 $6.3 $6.4 $6.6 $6.7 $0.3 $0.3 $0.4 $0.4 $0.4 $1.4 $1.4 $1.4 $1.4 $1.5 $0.3 $0.3 $0.3 $0.3 $0.3 $8.2 $8.3 $8.4 $8.7 $8.8 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Mortgage Warehouse Lending 1 - 4 Family PrimeLending
Slide 12: PlainsCapital Bank – Asset Quality
12 ©2026 Hilltop Holdings. Confidential and Proprietary. $282 $11,455 $4,305 $3,167 $1,160 0.01% 0.58% 0.22% 0.16% 0.06% -0.20% -0.10% 0.00% 0.10% 0.20% 0.30% 0.40% 0.50% 0.60% 0.70% $- $1,500 $3,000 $4,500 $6,000 $7,500 $9,000 $10,500 $12,000 $13,500 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 NCOs NCO
Slide 13: 2026 Outlook
13 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – 2026 OUTLOOK Outlook • Full year average Bank loans (excluding retained mortgages and mortgage warehouse lending) expected to increase 7% – 8% • Expect to retain $10 – $30 million per month of originated mortgages Loan Growt
Slide 14: Appendix
14 ©2026 Hilltop Holdings. Confidential and Proprietary. Appendix
Slide 15: Non-GAAP to GAAP Reconciliation and Management's Explanation
15 ©2026 Hilltop Holdings. Confidential and Proprietary. NON-GAAP TO GAAP RECONCILIATION AND MANAGEMENT’S EXPLANATION OF NON-GAAP FINANCIAL MEASURES Hilltop Consolidated Tangible Common Equity is a non-GAAP financial measure. Tangible common equity is defined as our total stockholders’ equity reduce
Slide 16: PlainsCapital Bank – Q3 2026 Highlights
16 ©2026 Hilltop Holdings. Confidential and Proprietary. PLAINSCAPITAL BANK – Q3 2026 HIGHLIGHTS 51.7% 54.1% 55.5% 55.0% 53.7% Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 3.23% 3.29% 3.38% 3.42% 3.49% Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Notes: (1) Efficiency Ratio is calculated as noninterest expens
Slide 17: PrimeLending – Q3 2026 Highlights
17 ©2026 Hilltop Holdings. Confidential and Proprietary. PRIMELENDING – Q3 2026 HIGHLIGHTS Notes: (1) Gain on Sale calculated as net gains from sale of loans divided by sales volume. Reported Gain on Sale reflects impact of loans retained by PlainsCapital Bank. Key Highlights ($ in millions) Q3 2025
Slide 18: HilltopSecurities – Q3 2026 Highlights
18 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOPSECURITIES – Q3 2026 HIGHLIGHTS Notes: The sum of the period amounts may not equal the total amounts due to rounding. Presented net revenue by business line may differ slightly from 10-Q due to grouping of certain business lines into ‘O
Slide 19: Auto Lending Portfolio
19 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – AUTO LENDING PORTFOLIO Allowance for Credit Losses (ACL) • Auto Note Finance committed portfolio balance has been in decline since 2021 o The impacts of higher interest rates and declining values of used vehicles continue to
Slide 20: Commercial Real Estate Portfolio
20 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – COMMERCIAL REAL ESTATE PORTFOLIO Commercial Real Estate Portfolio (Ending Balance, $ in millions, on September 30, 2026) CRE Allowance for Credit Losses (ACL) Commercial Real Estate – Non-Owner Occupied (Ending Balance on Se