Outlook
- Company expects adverse impacts on results from economic uncertainty and market volatility for remainder of 2026
- Hilltop says it will focus on executing strategic priorities and prudent capital management in H2 2026
Segment performance
- BANKING SEGMENT - PlainsCapital Bank benefited from core loan growth and higher net interest margin, supporting pre-tax income
- MORTGAGE HEADWINDS - PrimeLending posted a pre-tax loss as higher mortgage rates led to a subdued start to the summer homebuying season
- STRONG WEALTH & STRUCTURED FINANCE - HilltopSecurities' results were driven by strong quarters in Wealth Management and Structured Finance
Analyst coverage and valuation
- The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the banks peer group is "buy"
- Wall Street's median 12-month price target for Hilltop Holdings Inc is $40.00, about 4.9% above its July 22 closing price of $38.14
- The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 17 three months ago
Quarterly results and capital return