Hilltop Holdings Q3 net income, EPS fall on higher credit loss provisions
HTH•Hilltop Holdings said third-quarter net income and EPS declined year over year amid higher credit loss provisions; EPS was $0.44. The company repurchased $20 million of stock and expects adverse operating impacts from economic conditions to continue through the remainder of 2026.
1. Quarterly results
Hilltop Holdings reported lower third-quarter net income and EPS year over year amid higher credit loss provisions. EPS was $0.44, and the company repurchased $20 million of stock during the quarter under its 2026 buyback program.
2. Business conditions
PlainsCapital Bank’s net interest margin expansion and earning asset growth were partially offset by higher credit loss provisions. Rising mortgage rates reduced purchase activity and loan values, contributing to PrimeLending’s $11 million pretax loss. HilltopSecurities’ Public Finance Services and Wealth Management businesses drove segment profitability.
3. 2026 outlook
The company expects economic conditions to continue adversely affecting operating results for the remainder of 2026, citing uncertainty around the political environment, tariffs and interest rates.
