Hilltop Holdings Inc. Announces Financial Results for Fourth Quarter and Full Year 2025

DALLAS--( BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced financial results for the fourth quarter and full year 2025. Hilltop produced income attributable to common stockholders of $41.6 million, or $0.69 per diluted share, for the fourth quarter of 2025, compared to $35.5 million, or $0.55 per diluted share, for the fourth quarter of 2024. Income attributable to common stockholders for the full year 2025 was $165.6 million, or $2.64 per diluted share, compared to $113.2 million, or $1.74 per diluted share, for the full year 2024.

Hilltop also announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share, an 11% increase from the prior quarter, payable on February 27, 2026 to all common stockholders of record as of the close of business on February 13, 2026. Additionally, the Hilltop Board of Directors authorized a new stock repurchase program through January 2027, under which Hilltop may repurchase, in the aggregate, up to $125.0 million of its outstanding common stock. During the fourth quarter of 2025, Hilltop paid $60.8 million to repurchase an aggregate of 1,799,995 shares of its common stock at an average price of $33.77 per share. During 2025, Hilltop paid $184.0 million to repurchase an aggregate of 5,705,205 shares of its common stock at an average price of $32.26 per share pursuant to the 2025 stock repurchase program. These repurchased shares were returned to the pool of authorized but unissued shares of common stock.

The extent of the impact of uncertain economic conditions on our financial performance during 2026 will depend in part on developments outside of our control including, among others, the timing and significance of further changes in U.S. Treasury yields and mortgage interest rates, changes in funding costs, inflationary pressures, changes in the political environment, the impact of tariffs and reciprocal tariffs, and international armed conflicts and their impact on supply chains.

Jeremy B. Ford, Chairman, President and CEO of Hilltop, said, “2025 was a strong year for Hilltop from a financial, operational and capital management perspective. Within each line of business, and on a consolidated basis, pre-tax results improved versus the prior year. Further, Hilltop was able to execute successfully on a number of key initiatives across the company, while returning $231 million to stockholders via dividends and share repurchases.

“During 2025, PlainsCapital Bank produced healthy core loan and deposit growth while delivering a 1.17% return on average assets. PrimeLending, in the face of a continued challenging home-buying market, reduced pre-tax losses by 48% as the company made further operational efficiency improvements. HilltopSecurities capitalized on a strong year from its Structured Finance, Wealth Management and Public Finance business lines to deliver $501 million in net revenue with a pre-tax margin of 13.5%. As we move into 2026, we remain focused on delivering sound results while prudently managing capital.”

Fourth Quarter 2025 Highlights for Hilltop:

________________________________________

“Loans” reflect loans held for investment excluding broker-dealer margin loans, net of allowance for credit losses, of $344.5 million and $325.3 million at December 31, 2025 and September 30, 2025, respectively.

Total deposits at December 31, 2025 included estimated uninsured deposits of $5.9 billion, or approximately 54% of total deposits, while estimated uninsured deposits, excluding collateralized deposits of $693.9 million and internal accounts of $302.8 million, were $4.9 billion, or approximately 45% of total deposits.

Based on the end of period Tier 1 capital divided by total average assets during the quarter, excluding goodwill and intangible assets.

Net interest margin is defined as net interest income divided by average interest-earning assets.

Consolidated Financial and Other Information

Consolidated Balance Sheets

December 31,

September 30,

June 30,

March 31,

December 31,

(in 000's)

2025

2024

Cash and due from banks

1,231,944

1,277,283

982,488

1,702,623

2,298,977

Federal funds sold

650

Assets segregated for regulatory purposes

20,211

5,050

47,158

88,451

70,963

Securities purchased under agreements to resell

55,977

78,909

93,878

99,099

88,728

Securities:

Trading, at fair value

617,408

574,434

675,757

647,158

524,916

Available for sale, at fair value, net (1)

1,491,048

1,443,612

1,408,347

1,405,170

1,396,549

Held to maturity, at amortized cost, net (1)

728,329

755,012

771,641

762,369

737,899

Equity, at fair value

265

248

4,996

286

297

2,837,050

2,773,306

2,860,741

2,814,983

2,659,661

Loans held for sale

950,142

849,357

979,875

818,328

858,665

Loans held for investment, net of unearned income

8,311,952

8,227,194

8,061,204

7,966,777

7,950,551

Allowance for credit losses

(91,537

)

(95,168

)

(97,961

)

(106,197

)

(101,116

)

Loans held for investment, net

8,220,415

8,132,026

7,963,243

7,860,580

7,849,435

Broker-dealer and clearing organization receivables

1,588,882

1,519,005

1,469,628

1,450,077

1,452,366

Premises and equipment, net

132,820

136,830

139,179

143,957

148,245

Operating lease right-of-use assets

83,757

87,464

88,050

93,451

90,563

Mortgage servicing assets

17,491

12,273

7,887

6,903

5,723

Other assets

432,603

459,588

455,930

459,774

470,073

Goodwill

267,447

Other intangible assets, net

5,605

5,862

6,119

6,376

6,633

Total assets

15,844,994

15,605,050

15,362,273

15,812,699

16,268,129

Deposits:

Noninterest-bearing

2,831,919

2,766,155

2,790,958

2,859,828

2,768,707

Interest-bearing

8,046,161

7,909,316

7,600,599

7,972,138

8,296,615

Total deposits

10,878,080

10,675,471

10,391,557

10,831,966

11,065,322

Broker-dealer and clearing organization payables

1,518,503

1,445,280

1,461,683

1,446,886

1,331,902

Short-term borrowings

676,882

680,979

734,508

705,008

834,023

Securities sold, not yet purchased, at fair value

37,955

65,119

59,766

63,171

57,234

Notes payable

148,587

148,530

148,475

198,043

347,667

Operating lease liabilities

100,155

104,134

104,972

110,815

109,103

Other liabilities

287,226

269,297

234,467

227,988

304,566

Total liabilities

13,647,388

13,388,810

13,135,428

13,583,877

14,049,817

Common stock

595

613

630

642

650

Additional paid-in capital

973,072

998,644

1,022,474

1,037,138

1,052,219

Accumulated other comprehensive loss

(79,877

)

(87,254

)

(94,748

)

(100,654

)

(111,497

)

Retained earnings

1,274,611

1,276,539

1,270,286

1,262,586

1,248,593

Total Hilltop stockholders' equity

2,168,401

2,188,542

2,198,642

2,199,712

2,189,965

Noncontrolling interests

29,205

27,698

28,203

29,110

28,347

Total stockholders' equity

2,197,606

2,216,240

2,226,845

2,228,822

2,218,312

Total liabilities & stockholders' equity

15,844,994

15,605,050

15,362,273

15,812,699

16,268,129

________________________________________

(1)

At December 31, 2025, the amortized cost of the available for sale securities portfolio was $1,554,096, while the fair value of the held to maturity securities portfolio was $674,890.

Three Months Ended

Year Ended

Consolidated Income Statements

December 31,

September 30,

December 31,

(in 000's, except per share data)

2025

2024

2025

2024

Interest income:

Loans, including fees

133,546

135,773

131,726

525,804

544,505

Securities borrowed

17,753

21,175

17,492

75,281

77,785

Securities:

Taxable

25,088

25,452

29,212

101,133

107,007

Tax-exempt

3,509

3,512

2,944

12,721

10,186

Other

13,913

14,349

27,216

69,111

96,906

Total interest income

193,809

200,261

208,590

784,050

836,389

Interest expense:

Deposits

54,167

57,001

67,411

228,275

275,291

Securities loaned

16,020

19,430

16,407

67,848

72,614

Short-term borrowings

7,637

7,867

10,992

31,301

44,134

Notes payable

2,317

2,404

3,910

11,480

14,659

Other

1,141

1,171

4,386

4,440

11,893

Total interest expense

81,282

87,873

103,106

343,344

418,591

Net interest income

112,527

112,388

105,484

440,706

417,798

Provision for (reversal of) credit losses

7,824

(2,511

)

(5,852

)

7,311

941

Net interest income after provision for (reversal of) credit losses

104,703

114,899

111,336

433,395

416,857

Noninterest income (1):

Net gains from sale of loans and other mortgage production income

49,580

51,730

43,553

198,536

190,021

Mortgage loan origination fees

26,602

24,850

30,111

102,641

123,066

Principal transactions, commissions and fees

76,033

74,066

71,441

253,269

250,579

Investment banking, advisory and administrative fees

47,627

53,349

37,514

181,334

142,952

Other

17,518

13,812

12,971

105,361

64,338

Total noninterest income

217,360

217,807

195,590

841,141

770,956

Noninterest expense:

Employees' compensation and benefits

187,960

190,027

173,334

730,637

687,149

Occupancy and equipment, net

20,818

19,930

25,707

81,594

91,233

Professional services

12,386

12,681

12,791

40,001

44,437

Other

47,757

49,265

50,925

201,241

210,737

Total noninterest expense

268,921

271,903

262,757

1,053,473

1,033,556

Income before income taxes

53,142

60,803

44,169

221,063

154,257

Income tax expense

10,218

14,129

6,285

49,044

31,047

Net income

42,924

46,674

37,884

172,019

123,210

Less: Net income attributable to noncontrolling interest

1,340

856

2,365

6,428

9,997

Income attributable to Hilltop

41,584

45,818

35,519

165,591

113,213

Earnings per common share:

Basic

0.69

0.74

0.55

2.64

1.74

Diluted

0.69

0.74

0.55

2.64

1.74

Cash dividends declared per common share

0.18

0.17

0.72

0.68

Weighted average shares outstanding:

Basic

60,457

62,146

64,935

62,700

65,036

Diluted

60,498

62,168

64,943

62,709

65,046

________________________________________

(1)

During 2025, certain financial statement line items within the noninterest income section of the consolidated income statement were reclassified to better align disclosures to business activities. These reclassifications were applied retrospectively to all prior periods presented. Total noninterest income did not change as a result of these reclassifications.

Three Months Ended December 31, 2025

Segment Results

Mortgage

All Other and

Hilltop

(in 000's)

Banking

Broker-Dealer

Origination

Corporate

Eliminations

Consolidated

Net interest income (expense)

99,737

12,892

(2,184

)

309

1,773

112,527

Provision for (reversal of) credit losses

7,927

(103

)

—

7,824

Noninterest income

12,355

125,482

76,245

5,305

(2,027

)

217,360

Noninterest expense

60,668

112,974

79,276

16,239

(236

)

268,921

Income (loss) before taxes

43,497

25,503

(5,215

)

(10,625

)

(18

)

53,142

Year Ended December 31, 2025

Segment Results

Mortgage

All Other and

Hilltop

(in 000's)

Banking

Broker-Dealer

Origination

Corporate

Eliminations

Consolidated

Net interest income (expense)

382,052

50,272

(7,934

)

(283

)

16,599

440,706

Provision for (reversal of) credit losses

7,335

(24

)

—

7,311

Noninterest income

46,058

450,754

310,876

51,137

(17,684

)

841,141

Noninterest expense

227,601

433,463

320,463

73,089

(1,143

)

1,053,473

Income (loss) before taxes

193,174

67,587

(17,521

)

(22,235

)

221,063

Three Months Ended December 31, 2024

Segment Results

Mortgage

All Other and

Hilltop

(in 000's)

Banking

Broker-Dealer

Origination

Corporate

Eliminations

Consolidated

Net interest income (expense)

94,946

12,046

(3,627

)

(3,277

)

5,396

105,484

Provision for (reversal of) credit losses

(5,665

)

(187

)

—

(5,852

)

Noninterest income

11,411

114,321

73,740

1,767

(5,649

)

195,590

Noninterest expense

61,426

106,181

80,022

15,379

(251

)

262,757

Income (loss) before taxes

50,596

20,373

(9,909

)

(16,889

)

44,169

Year Ended December 31, 2024

Segment Results

Mortgage

All Other and

Hilltop

(in 000's)

Banking

Broker-Dealer

Origination

Corporate

Eliminations

Consolidated

Net interest income (expense)

372,546

48,942

(16,867

)

(12,838

)

26,015

417,798

Provision for (reversal of) credit losses

992

(51

)

—

941

Noninterest income

43,295

422,801

313,229

18,515

(26,884

)

770,956

Noninterest expense

232,954

408,283

330,088

63,110

(879

)

1,033,556

Income (loss) before taxes

181,895

63,511

(33,726

)

(57,433

)

154,257

December 31,

September 30,

June 30,

March 31,

December 31,

Capital Ratios

2025

2024

Tier 1 capital (to average assets):

PlainsCapital

10.60%

10.74%

10.71%

10.22%

9.99%

Hilltop

12.78%

13.13%

13.11%

12.86%

12.57%

Common equity Tier 1 capital (to risk-weighted assets):

PlainsCapital

14.49%

14.81%

15.08%

15.06%

15.35%

Hilltop

19.70%

20.33%

20.74%

21.17%

21.23%

Tier 1 capital (to risk-weighted assets):

PlainsCapital

14.49%

14.81%

15.08%

15.06%

15.35%

Hilltop

19.70%

20.33%

20.74%

21.17%

21.23%

Total capital (to risk-weighted assets):

PlainsCapital

15.60%

15.96%

16.29%

16.31%

16.54%

Hilltop

22.20%

22.90%

23.38%

24.45%

24.40%

Three Months Ended

Year Ended

December 31,

September 30,

December 31,

Selected Financial Data

2025

2024

2025

2024

Hilltop Consolidated:

Return on average stockholders' equity

7.60

8.35

6.50

7.60

5.29

Return on average assets

1.09

1.20

0.92

1.10

0.78

Net interest margin (1)

3.02

3.06

2.72

2.98

2.81

Net interest margin (taxable equivalent) (2):

As reported

3.04

3.09

2.74

3.00

2.83

Impact of purchase accounting

3 bps

2 bps

3 bps

2 bps

4 bps

Book value per common share ($)

36.42

35.69

33.71

36.42

33.71

Shares outstanding, end of period (000's)

59,540

61,326

64,968

59,540

64,968

Dividend payout ratio (3)

26.17

24.41

31.08

27.26

39.06

Banking Segment:

Net interest margin (1)

3.29

3.23

2.98

3.16

3.04

Net interest margin (taxable equivalent) (2):

As reported

3.29

3.23

2.99

3.17

3.04

Impact of purchase accounting

4 bps

2 bps

4 bps

3 bps

4 bps

Accretion of discount on loans ($000's)

961

572

1,076

3,166

5,057

Net recoveries (charge-offs) ($000's)

(11,455

)

(282

)

(3,950

)

(16,890

)

(11,238

)

Return on average assets

1.05

1.34

1.24

1.17

1.10

Fee income ratio

11.0

10.2

10.7

10.8

10.4

Efficiency ratio

54.1

51.7

57.8

53.2

56.0

Employees' compensation and benefits ($000's)

33,241

31,925

33,313

131,414

130,974

Broker-Dealer Segment:

Net revenue ($000's) (4)

138,374

144,494

126,367

501,026

471,743

Employees' compensation and benefits ($000's)

83,361

86,997

75,150

311,915

286,700

Variable compensation expense ($000's)

49,635

50,756

42,484

169,845

153,062

Compensation as a % of net revenue

60.2

59.5

62.3

60.8

Pre-tax margin (5)

18.4

18.3

16.1

13.5

Mortgage Origination Segment:

Mortgage loan originations - volume ($000's):

Home purchases

1,918,395

2,027,568

1,909,706

7,643,212

7,759,812

Refinancings

511,960

269,136

343,400

1,258,707

856,541

Total mortgage loan originations - volume

2,430,355

2,296,704

2,253,106

8,901,919

8,616,353

Mortgage loan sales - volume ($000's)

2,180,088

2,220,126

2,065,356

8,280,059

8,223,734

Net gains from mortgage loan sales (basis points):

Loans sold to third parties (6)

236

226

217

227

218

Broker fee income (7)

Impact of loans retained by banking segment

)

As reported

246

234

221

233

222

Mortgage servicing rights asset ($000's) (8)

17,491

12,273

5,723

17,491

5,723

Employees' compensation and benefits ($000's)

59,657

60,036

56,402

235,246

231,293

Variable compensation expense ($000's)

34,275

32,665

30,784

126,747

121,720

________________________________________

(1)

Net interest margin is defined as net interest income divided by average interest-earning assets.

(2)

Net interest margin (taxable equivalent), a non-GAAP measure, is defined as taxable equivalent net interest income divided by average interest-earning assets. Taxable equivalent adjustments are based on the applicable 21% federal income tax rate for all periods presented. The interest income earned on certain earning assets is completely or partially exempt from federal income tax. As such, these tax-exempt instruments typically yield lower returns than taxable investments. To provide more meaningful comparisons of net interest margins for all earning assets, we use net interest income on a taxable-equivalent basis in calculating net interest margin by increasing the interest income earned on tax-exempt assets to make it fully equivalent to interest income earned on taxable investments. The taxable equivalent adjustments to interest income for Hilltop (consolidated) were $0.8 million, $1.0 million, $0.7 million, $3.2 million and $2.5 million, respectively, for the periods presented and for the banking segment were $0.1 million, $0.3 million, $0.2 million, $0.7 million and $0.6 million, respectively, for the periods presented.

(3)

Dividend payout ratio is defined as cash dividends declared per common share divided by basic earnings per common share.

(4)

Net revenue is defined as the sum of total broker-dealer net interest income and total broker-dealer noninterest income.

(5)

Pre-tax margin is defined as income before income taxes divided by net revenue.

(6)

Net gains from mortgage loans sold to third parties reflects provisions for anticipated indemnification claims and penalties for early payoff of loans which had the effect of lowering such net gains from mortgage loans sold to third parties by 8, 9, 13, 10 and 8 basis points, respectively, for the periods presented.

(7)

Broker fee income is earned by the mortgage origination segment for facilitating mortgage loan transactions between PrimeLending customers and third-party mortgage lenders when the requested loan products are not offered by PrimeLending.

(8)

Reported on a consolidated basis and therefore does not include mortgage servicing rights assets related to loans serviced for the banking segment, which are eliminated in consolidation.

December 31,

September 30,

June 30,

March 31,

December 31,

Non-Performing Assets Portfolio Data

2025

2024

Loans accounted for on a non-accrual basis ($000's):

Commercial real estate:

Non-owner occupied

3,873

3,969

4,107

4,241

7,166

Owner occupied

5,617

7,119

6,429

6,535

6,092

Commercial and industrial

28,581

41,457

40,990

51,987

59,025

Construction and land development

1,010

1,007

3,667

3,256

3,003

1-4 family residential

14,367

14,701

17,550

15,458

12,863

Consumer

—

Broker-dealer

—

Non-accrual loans ($000's)

53,448

68,253

72,743

81,477

88,149

Non-accrual loans as a % of total loans

0.58%

0.75%

0.80%

0.93%

1.00%

Other real estate owned ($000's)

8,020

8,289

9,144

7,682

2,848

Other repossessed assets ($000's)

—

Non-performing assets ($000's)

61,468

76,542

81,887

89,159

91,095

Non-performing assets as a % of total assets

0.39%

0.49%

0.53%

0.56%

Loans past due 90 days or more and still accruing ($000's) (1)

33,811

28,388

28,378

24,145

22,090

________________________________________

(1)

Loans past due 90 days or more and still accruing were primarily comprised of loans held for sale and guaranteed by U.S. government agencies, including loans that are subject to repurchase, or have been repurchased, by PrimeLending.

Three Months Ended December 31,

2025

2024

Average

Interest

Annualized

Average

Interest

Annualized

Outstanding

Earned

Yield or

Outstanding

Earned

Yield or

Net Interest Margin (Taxable Equivalent) Details (1)

Balance

or Paid

Rate

Balance

or Paid

Rate

Assets

Interest-earning assets

Loans held for sale

929,989

13,285

5.59

1,011,036

13,278

5.25

Loans held for investment, gross (2)

8,246,440

120,261

5.79

7,931,572

118,448

5.93

Investment securities - taxable

2,470,045

25,089

4.06

2,443,886

29,213

4.78

Investment securities - non-taxable (3)

395,171

4,363

4.42

360,622

3,666

4.07

Federal funds sold and securities purchased under agreements to resell

78,979

1,091

5.48

96,066

1,797

7.42

Interest-bearing deposits in other financial institutions

1,094,206

10,669

3.87

2,033,482

23,052

4.50

Securities borrowed

1,461,504

17,753

4.75

1,361,481

17,492

5.03

Other

122,893

2,152

6.95

130,624

2,367

7.19

Interest-earning assets, gross (3)

14,799,227

194,663

5.22

15,368,769

209,313

5.40

Allowance for credit losses

(95,047

)

(110,191

)

Interest-earning assets, net

14,704,180

15,258,578

Noninterest-earning assets

943,833

1,065,783

Total assets

15,648,013

16,324,361

Liabilities and Stockholders' Equity

Interest-bearing liabilities

Interest-bearing deposits

7,984,644

54,167

2.69

8,176,034

67,411

3.27

Securities loaned

1,465,474

16,020

4.34

1,353,195

16,407

4.81

Notes payable and other borrowings

904,537

11,095

4.87

1,399,178

19,288

5.47

Total interest-bearing liabilities

10,354,655

81,282

3.11

10,928,407

103,106

3.74

Noninterest-bearing liabilities

Noninterest-bearing deposits

2,753,654

2,795,588

Other liabilities

341,328

399,964

Total liabilities

13,449,637

14,123,959

Stockholders’ equity

2,170,947

2,172,640

Noncontrolling interest

27,429

27,762

Total liabilities and stockholders' equity

15,648,013

16,324,361

Net interest income (3)

113,381

106,207

Net interest spread (3)

2.11

1.66

Net interest margin (3)

3.04

2.74

Year Ended December 31,

2025

2024

Average

Interest

Annualized

Average

Interest

Annualized

Outstanding

Earned

Yield or

Outstanding

Earned

Yield or

Net Interest Margin (Taxable Equivalent) Details (1)

Balance

or Paid

Rate

Balance

or Paid

Rate

Assets

Interest-earning assets

Loans held for sale

867,819

53,173

6.04

934,983

53,073

5.60

Loans held for investment, gross (2)

8,079,525

472,631

5.85

7,921,528

491,432

6.20

Investment securities - taxable

2,473,448

101,133

4.09

2,537,856

107,007

4.16

Investment securities - non-taxable (3)

367,405

15,965

4.35

324,684

12,638

3.84

Federal funds sold and securities purchased under agreements to resell

83,809

5,220

6.23

98,337

7,232

7.35

Interest-bearing deposits in other financial institutions

1,347,736

56,014

4.16

1,526,748

75,633

4.95

Securities borrowed

1,432,071

75,281

5.18

1,355,554

77,785

5.66

Other

125,634

7,876

6.27

159,141

14,041

8.82

Interest-earning assets, gross (3)

14,777,447

787,293

5.33

14,858,831

838,841

5.65

Allowance for credit losses

(99,869

)

(110,123

)

Interest-earning assets, net

14,677,578

14,748,708

Noninterest-earning assets

970,075

1,130,198

Total assets

15,647,653

15,878,906

Liabilities and Stockholders' Equity

Interest-bearing liabilities

Interest-bearing deposits

7,960,778

228,275

2.87

7,822,536

275,291

3.52

Securities loaned

1,424,189

67,848

4.76

1,335,155

72,614

5.44

Notes payable and other borrowings

964,521

47,221

4.90

1,397,313

70,686

5.06

Total interest-bearing liabilities

10,349,488

343,344

3.32

10,555,004

418,591

3.97

Noninterest-bearing liabilities

Noninterest-bearing deposits

2,730,336

2,824,450

Other liabilities

360,196

332,340

Total liabilities

13,440,020

13,711,794

Stockholders’ equity

2,180,098

2,139,732

Noncontrolling interest

27,535

27,380

Total liabilities and stockholders' equity

15,647,653

15,878,906

Net interest income (3)

443,949

420,250

Net interest spread (3)

2.01

1.68

Net interest margin (3)

3.00

2.83

________________________________________

(1)

Information presented on a consolidated basis (dollars in thousands).

(2)

Average balance includes non-accrual loans.

(3)

Presented on a taxable-equivalent basis with annualized taxable equivalent adjustments based on the applicable 21% federal income tax rate for the periods presented. The adjustment to interest income was $0.8 million and $0.7 million for the three months ended December 31, 2025 and 2024, respectively, and $3.2 million and $2.5 million for the year ended December 31, 2025 and 2024, respectively.

Conference Call Information

Hilltop will host a live webcast and conference call at 8:00 AM Central (9:00 AM Eastern) on Friday, January 30, 2026. Hilltop Chairman, President and CEO Jeremy B. Ford and Hilltop CFO William B. Furr will review fourth quarter and full year 2025 financial results. Interested parties can access the conference call by dialing 800-549-8228 (Toll Free North America) or (+1) 289-819-1520 (International Toll) and then using the conference ID 55871. The conference call also will be webcast simultaneously on Hilltop’s Investor Relations website ( http://ir.hilltop.com).

About Hilltop

Hilltop Holdings is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices located throughout Texas through PlainsCapital Bank. PlainsCapital Bank’s wholly owned subsidiary, PrimeLending, provides residential mortgage lending throughout the United States. Hilltop Holdings’ broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc., provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. At December 31, 2025, Hilltop employed approximately 3,570 people and operated 306 locations in 47 states. Hilltop Holdings’ common stock is listed on the New York Stock Exchange and NYSE Texas under the symbol “HTH.” Find more information at Hilltop.com, PlainsCapital.com, PrimeLending.com and Hilltopsecurities.com.

FORWARD-LOOKING STATEMENTS

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated or implied in such statements. Forward-looking statements speak only as of the date they are made and, except as required by law, we do not assume any duty to update forward-looking statements. Such forward-looking statements include, but are not limited to, statements concerning such things as our outlook, plans, objectives, strategies, expectations, intentions and other statements that are not statements of historical fact, and may be identified by words such as “aim,” “anticipates,” “believes,” “building,” “continue,” “could,” “drive,” “estimates,” “expects,” “extent,” “focus,” “forecasts,” “goal,” “guidance,” “intends,” “may,” “might,” “outlook,” “plan,” “position,” “probable,” “progressing,” “projects,” “prudent,” “seeks,” “should,” “steady,” “target,” “view,” “will,” “working” or “would” or the negative of these words and phrases or similar words or phrases. The following factors, among others, could cause actual results to differ materially from those set forth in the forward-looking statements: (i) the credit risks of lending activities, including our ability to estimate credit losses and the allowance for credit losses, as well as the effects of changes in the level of, and trends in, loan delinquencies and write-offs; (ii) effectiveness of our data security controls in the face of cyber-attacks and any legal, reputational and financial risks following a cybersecurity incident; (iii) changes in general economic, market and business conditions in areas or markets where we compete, including changes in the price of crude oil; (iv) changes in the interest rate environment; (v) risks associated with concentration in real estate related loans; (vi) the effects of indebtedness on our ability to manage our business successfully, including the restrictions imposed by the indenture governing our indebtedness; (vii) disruptions to the economy and financial services industry, risks associated with uninsured deposits and responsive measures by federal or state governments or banking regulators, including increases in the cost of our deposit insurance assessments; (viii) cost and availability of capital; (ix) changes in state and federal laws, regulations or policies affecting one or more of our business segments, including changes in policies under the new Presidential administration, changes in regulatory fees, deposit insurance premiums, capital requirements and the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”); (x) changes in key management; (xi) competition in our banking, broker-dealer, and mortgage origination segments from other banks and financial institutions as well as investment banking and financial advisory firms, mortgage bankers, asset-based non-bank lenders and government agencies; (xii) legal and regulatory proceedings; and (xiii) our ability to use excess capital in an effective manner. For further discussion of such factors, see the risk factors described in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other reports that are filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement.

Source: Hilltop Holdings Inc.