Hilltop Holdings Inc. Announces Financial Results for Third Quarter 2026

DALLAS--(BUSINESS WIRE)-- Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced financial results for the third quarter of 2026. Hilltop produced income attributable to common stockholders of $24.9 million, or $0.44 per diluted share, for the third quarter of 2026, compared to $45.8 million, or $0.74 per diluted share, for the third quarter of 2025. Hilltop also announced that its Board of Directors declared a quarterly cash dividend of $0.22 per common share, payable on November 20, 2026 to all common stockholders of record as of the close of business on November 6, 2026. Additionally, during the third quarter of 2026, Hilltop paid $20.0 million to repurchase an aggregate of 512,075 shares of its common stock at an average price of $38.96 per share pursuant to the 2026 stock repurchase program. These shares were returned to the pool of authorized but unissued shares of common stock. As a result of share repurchases during 2026, Hilltop has approximately $86 million of available share repurchase capacity through the expiration of the 2026 stock repurchase program in January 2027. The extent of the impact of uncertain economic conditions on our financial performance during the remainder of 2026 will depend in part on developments outside of our control, including, among others, changes in the political environment, the impact of tariffs and reciprocal tariffs, the timing and significance of further changes in U.S. Treasury yields and mortgage interest rates, and a volatile economic forecast. These conditions, coupled with exposure to changes in funding costs, inflationary pressures, elevated energy prices, and international armed conflicts and their impact on supply chains within our business segments during the third quarter of 2026 have had, and are expected to continue to have, an adverse impact on our operating results during the remainder of 2026. Jeremy B. Ford, Chairman, President and CEO of Hilltop, said, “Through a volatile quarter marked by a policy reversal from the Federal Reserve and rapidly rising rates, Hilltop delivered a 0.67% return on average assets and returned approximately $33 million to stockholders through dividends and share repurchases. “During the third quarter, PlainsCapital Bank generated a 1.1% return on average assets and $44 million of pre-tax income as healthy net interest margin expansion and earning asset growth were partially offset by a $10 million provision for credit losses. PrimeLending reported a pre-tax loss of $11 million as the dramatic intra-quarter increase in mortgage rates depressed purchase activity across the market and reduced the mark-to-market value of existing loans in the pipeline. We continue to focus on best positioning the business for success in this persistently challenging environment. HilltopSecurities produced a 5.9% pre-tax margin on $117 million of net revenues to deliver $7 million in pre-tax income, primarily driven by strong results within its Public Finance Services and Wealth Management business lines. Alternatively, the more interest rate-sensitive business lines, Structured Finance and Fixed Income Services, were negatively impacted during the quarter primarily due to the speed and size of the change in long-term interest rates. “As 2026 draws to a close, we remain committed to providing exceptional service to our clients, executing on our strategic plans and creating long-term value for our stockholders.” Third Quarter 2026 Highlights for Hilltop: The provision for credit losses was $10.2 million during the third quarter of 2026, compared to a reversal of credit losses of $1.0 million in the second quarter of 2026 and a reversal of credit losses of $2.5 million in the third quarter of 2025; The provision for credit losses during the third quarter of 2026 was primarily driven by loan portfolio changes within the banking segment, including changes in loan mix and risk rating grade migration, net loan growth, a build in the allowance related to specific reserves, and changes in the U.S. economic outlook associated with collectively evaluated loans since the prior quarter. For the third quarter of 2026, net gains from sale of loans and other mortgage production income and mortgage loan origination fees was $67.7 million, compared to $76.6 million in the third quarter of 2025, an 11.6% decrease; Mortgage loan origination production volume was $2.2 billion during the third quarter of 2026, compared to $2.3 billion during the third quarter of 2025; Net gains from mortgage loans sold to third parties, including broker fee income, decreased to 211 basis points during the third quarter of 2026, compared to 229 basis points in the second quarter of 2026. Hilltop’s consolidated annualized return on average assets and return on average stockholders’ equity for the third quarter of 2026 were 0.67% and 4.67%, respectively, compared to 1.20% and 8.35%, respectively, for the third quarter of 2025; Hilltop’s book value per common share decreased to $36.99 at September 30, 2026, compared to $37.12 at June 30, 2026; Hilltop’s total assets were $16.2 billion and $16.0 billion at September 30, 2026 and June 30, 2026, respectively; Loans 1 , net of allowance for credit losses, were $8.3 billion and $8.2 billion at September 30, 2026 and June 30, 2026, respectively; Non-accrual loans were $51.4 million, or 0.54% of total loans, at September 30, 2026, compared to $54.8 million, or 0.57% of total loans, at June 30, 2026; Loans held for sale decreased by 37.7% from June 30, 2026 to $625.6 million at September 30, 2026; Total deposits 2 were $11.0 billion and $10.5 billion at September 30, 2026 and June 30, 2026, respectively; Hilltop maintained strong capital levels with a Tier 1 Leverage Ratio 3 of 12.63% and a Common Equity Tier 1 Capital Ratio of 18.28% at September 30, 2026; Hilltop’s consolidated net interest margin 4 increased to 3.33% for the third quarter of 2026, compared to 3.21% in the second quarter of 2026; For the third quarter of 2026, noninterest income was $187.1 million, compared to $217.8 million in the third quarter of 2025, a 14.1% decrease; For the third quarter of 2026, noninterest expense was $264.1 million, compared to $271.9 million in the third quarter of 2025, a 2.9% decrease; and Hilltop’s effective tax rate was 25.2% during the third quarter of 2026, compared to 23.2% during the same period in 2025. The effective tax rate for the third quarter of 2026 was higher than the applicable statutory rate primarily due to the impact of nondeductible expenses, nondeductible compensation expense, valuation allowances and other permanent adjustments, partially offset by investments in tax-exempt instruments. ________________________________________ 1 “Loans” reflect loans held for investment excluding broker-dealer margin loans, net of allowance for credit losses, of $390.2 million and $406.3 million at September 30, 2026 and June 30, 2026, respectively. 2 Total deposits at September 30, 2026 included estimated uninsured deposits of $6.0 billion, or approximately 55% of total deposits, while estimated uninsured deposits, excluding collateralized deposits of $586.7 million and internal accounts of $380.8 million, were $5.1 billion, or approximately 46% of total deposits. 3 Based on the end of period Tier 1 capital divided by total average assets during the quarter, excluding goodwill and intangible assets. 4 Net interest margin is defined as net interest income divided by average interest-earning assets. Consolidated Financial and Other Information Consolidated Balance Sheets September 30, June 30, March 31, December 31, September 30, (in 000's) 2026 2026 2026 2025 2025 Cash and due from banks $ 1,205,044 $ 750,508 $ 874,194 $ 1,231,944 $ 1,277,283 Federal funds sold 650 650 650 650 650 Assets segregated for regulatory purposes 17,984 17,827 17,673 20,211 5,050 Securities purchased under agreements to resell 119,534 112,496 133,088 55,977 78,909 Securities: Trading, at fair value 596,565 674,054 698,106 617,408 574,434 Available for sale, at fair value, net (1) 1,372,913 1,450,592 1,469,670 1,491,048 1,443,612 Held to maturity, at amortized cost, net (1) 740,235 745,175 759,628 728,329 755,012 Equity, at fair value 293 287 238 265 248 2,710,006 2,870,108 2,927,642 2,837,050 2,773,306 Loans held for sale 625,597 1,004,118 807,745 950,142 849,357 Loans held for investment, net of unearned income 8,807,076 8,672,927 8,433,673 8,311,952 8,227,194 Allowance for credit losses (93,862 ) (84,856 ) (88,997 ) (91,537 ) (95,168 ) Loans held for investment, net 8,713,214 8,588,071 8,344,676 8,220,415 8,132,026 Broker-dealer and clearing organization receivables 1,764,729 1,714,179 1,625,156 1,588,882 1,519,005 Premises and equipment, net 131,397 131,099 135,551 132,820 136,830 Operating lease right-of-use assets 96,757 88,325 89,845 83,757 87,464 Mortgage servicing assets 28,095 22,755 20,045 17,491 12,273 Other assets 534,394 428,111 452,779 432,603 459,588 Goodwill 267,447 267,447 267,447 267,447 267,447 Other intangible assets, net 4,886 5,125 5,365 5,605 5,862 Total assets $ 16,219,734 $ 16,000,819 $ 15,701,856 $ 15,844,994 $ 15,605,050 Deposits: Noninterest-bearing $ 2,904,255 $ 2,744,425 $ 2,830,008 $ 2,831,919 $ 2,766,155 Interest-bearing 8,130,594 7,769,628 7,701,541 8,046,161 7,909,316 Total deposits 11,034,849 10,514,053 10,531,549 10,878,080 10,675,471 Broker-dealer and clearing organization payables 1,558,183 1,524,115 1,481,998 1,518,503 1,445,280 Short-term borrowings 825,220 1,243,214 990,807 676,882 680,979 Securities sold, not yet purchased, at fair value 105,571 90,264 63,346 37,955 65,119 Notes payable 148,762 148,703 148,645 148,587 148,530 Operating lease liabilities 112,418 104,410 106,166 100,155 104,134 Other liabilities 303,860 219,764 205,621 287,226 269,297 Total liabilities 14,088,863 13,844,523 13,528,132 13,647,388 13,388,810 Common stock 568 573 585 595 613 Additional paid-in capital 932,009 936,525 953,176 973,072 998,644 Accumulated other comprehensive loss (102,372 ) (81,006 ) (82,348 ) (79,877 ) (87,254 ) Retained earnings 1,270,521 1,270,141 1,272,618 1,274,611 1,276,539 Total Hilltop stockholders' equity 2,100,726 2,126,233 2,144,031 2,168,401 2,188,542 Noncontrolling interests 30,145 30,063 29,693 29,205 27,698 Total stockholders' equity 2,130,871 2,156,296 2,173,724 2,197,606 2,216,240 Total liabilities & stockholders' equity $ 16,219,734 $ 16,000,819 $ 15,701,856 $ 15,844,994 $ 15,605,050 ________________________________________ (1) At September 30, 2026, the amortized cost of the available for sale securities portfolio was $1,477,022, while the fair value of the held to maturity securities portfolio was $653,508. Three Months Ended Consolidated Income Statements September 30, June 30, March 31, December 31, September 30, (in 000's, except per share data) 2026 2026 2026 2025 2025 Interest income: Loans, including fees $ 140,965 $ 134,532 $ 130,086 $ 133,546 $ 135,773 Securities borrowed 12,022 15,340 14,203 17,753 21,175 Securities: Taxable 27,121 28,359 26,919 25,088 25,452 Tax-exempt 3,026 3,358 3,021 3,509 3,512 Other 8,687 7,457 10,061 13,913 14,349 Total interest income 191,821 189,046 184,290 193,809 200,261 Interest expense: Deposits 46,304 45,285 48,325 54,167 57,001 Securities loaned 10,260 13,774 12,842 16,020 19,430 Short-term borrowings 8,793 10,441 7,587 7,637 7,867 Notes payable 2,367 2,361 2,355 2,317 2,404 Other 1,727 1,334 1,084 1,141 1,171 Total interest expense 69,451 73,195 72,193 81,282 87,873 Net interest income 122,370 115,851 112,097 112,527 112,388 Provision for (reversal of) credit losses 10,166 (974 ) 1,765 7,824 (2,511 ) Net interest income after provision for (reversal of) credit losses 112,204 116,825 110,332 104,703 114,899 Noninterest income (1) : Net gains from sale of loans and other mortgage production income 40,432 48,583 50,972 49,580 51,730 Mortgage loan origination fees 27,249 30,294 21,910 26,602 24,850 Principal transactions, commissions and fees 46,234 64,197 66,534 76,033 74,066 Investment banking, advisory and administrative fees 54,131 44,200 36,920 47,627 53,349 Other 19,096 12,684 12,079 17,518 13,812 Total noninterest income 187,142 199,958 188,415 217,360 217,807 Noninterest expense: Employees' compensation and benefits 179,302 179,896 168,962 187,960 190,027 Occupancy and equipment, net 19,740 19,427 19,829 20,818 19,930 Professional services 11,756 12,647 11,245 12,386 12,681 Other 53,337 54,766 48,267 47,757 49,265 Total noninterest expense 264,135 266,736 248,303 268,921 271,903 Income before income taxes 35,211 50,047 50,444 53,142 60,803 Income tax expense 8,887 12,092 11,425 10,218 14,129 Net income 26,324 37,955 39,019 42,924 46,674 Less: Net income attributable to noncontrolling interest 1,424 1,433 1,183 1,340 856 Income attributable to Hilltop $ 24,900 $ 36,522 $ 37,836 $ 41,584 $ 45,818 Earnings per common share: Basic $ 0.44 $ 0.63 $ 0.64 $ 0.69 $ 0.74 Diluted $ 0.44 $ 0.63 $ 0.64 $ 0.69 $ 0.74 Cash dividends declared per common share $ 0.22 $ 0.20 $ 0.20 $ 0.18 $ 0.18 Weighted average shares outstanding: Basic 57,035 57,856 59,124 60,457 62,146 Diluted 57,142 57,950 59,207 60,498 62,168 ________________________________________ (1) During the three months ended December 31, 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 September 30, 2026 Segment Results Mortgage All Other and Hilltop (in 000's) Banking Broker-Dealer Origination Corporate Eliminations Consolidated Net interest income (expense) $ 104,932 $ 12,360 $ (480 ) $ 1,405 $ 4,153 $ 122,370 Provision for (reversal of) credit losses 10,149 17 — — — 10,166 Noninterest income 12,089 104,265 67,711 7,508 (4,431 ) 187,142 Noninterest expense 62,797 109,762 78,013 14,015 (452 ) 264,135 Income (loss) before taxes $ 44,075 $ 6,846 $ (10,782 ) $ (5,102 ) $ 174 $ 35,211 Nine Months Ended September 30, 2026 Segment Results Mortgage All Other and Hilltop (in 000's) Banking Broker-Dealer Origination Corporate Eliminations Consolidated Net interest income (expense) $ 303,125 $ 37,234 $ (2,273 ) $ 4,290 $ 7,942 $ 350,318 Provision for (reversal of) credit losses 10,880 76 — — — 10,956 Noninterest income 35,381 319,432 219,648 9,832 (8,778 ) 575,515 Noninterest expense 185,245 322,590 232,532 39,813 (1,006 ) 779,174 Income (loss) before taxes $ 142,381 $ 34,000 $ (15,157 ) $ (25,691 ) $ 170 $ 135,703 Three Months Ended September 30, 2025 Segment Results Mortgage All Other and Hilltop (in 000's) Banking Broker-Dealer Origination Corporate Eliminations Consolidated Net interest income (expense) $ 96,846 $ 12,662 $ (2,051 ) $ 443 $ 4,488 $ 112,388 Provision for (reversal of) credit losses (2,621 ) 110 — — — (2,511 ) Noninterest income 11,001 131,832 76,608 3,081 (4,715 ) 217,807 Noninterest expense 55,778 117,912 81,791 16,672 (250 ) 271,903 Income (loss) before taxes $ 54,690 $ 26,472 $ (7,234 ) $ (13,148 ) $ 23 $ 60,803 Nine Months Ended September 30, 2025 Segment Results Mortgage All Other and Hilltop (in 000's) Banking Broker-Dealer Origination Corporate Eliminations Consolidated Net interest income (expense) $ 282,315 $ 37,381 $ (5,749 ) $ (592 ) $ 14,824 $ 328,179 Provision for (reversal of) credit losses (592 ) 79 — — — (513 ) Noninterest income 33,703 325,271 234,631 45,832 (15,656 ) 623,781 Noninterest expense 166,934 320,488 241,187 56,848 (905 ) 784,552 Income (loss) before taxes $ 149,676 $ 42,085 $ (12,305 ) $ (11,608 ) $ 73 $ 167,921 September 30, June 30, March 31, December 31, September 30, Capital Ratios 2026 2026 2026 2025 2025 Tier 1 capital (to average assets): PlainsCapital 9.74 % 9.73 % 9.54 % 10.60 % 10.74 % Hilltop 12.63 % 12.73 % 12.82 % 12.78 % 13.13 % Common equity Tier 1 capital (to risk-weighted assets): PlainsCapital 12.83 % 12.50 % 12.71 % 14.49 % 14.81 % Hilltop 18.28 % 18.34 % 19.08 % 19.70 % 20.33 % Tier 1 capital (to risk-weighted assets): PlainsCapital 12.83 % 12.50 % 12.71 % 14.49 % 14.81 % Hilltop 18.28 % 18.34 % 19.08 % 19.70 % 20.33 % Total capital (to risk-weighted assets): PlainsCapital 13.92 % 13.47 % 13.77 % 15.60 % 15.96 % Hilltop 20.66 % 20.63 % 21.50 % 22.20 % 22.90 % Three Months Ended September 30, June 30, March 31, December 31, September 30, Selected Financial Data 2026 2026 2026 2025 2025 Hilltop Consolidated: Return on average stockholders' equity 4.67 % 6.89 % 7.12 % 7.60 % 8.35 % Return on average assets 0.67 % 0.99 % 1.02 % 1.09 % 1.20 % Net interest margin (1) 3.33 % 3.21 % 3.13 % 3.02 % 3.06 % Net interest margin (taxable equivalent) (2) : As reported 3.35 % 3.23 % 3.15 % 3.04 % 3.09 % Impact of purchase accounting 2 bps 2 bps 4 bps 3 bps 2 bps Book value per common share ($) 36.99 37.12 36.63 36.42 35.69 Shares outstanding, end of period (000's) 56,789 57,284 58,530 59,540 61,326 Dividend payout ratio (3) 50.39 % 31.68 % 31.25 % 26.17 % 24.41 % Banking Segment: Net interest margin (1) 3.49 % 3.42 % 3.38 % 3.29 % 3.23 % Net interest margin (taxable equivalent) (2) : As reported 3.50 % 3.42 % 3.39 % 3.29 % 3.23 % Impact of purchase accounting 4 bps 3 bps 5 bps 4 bps 2 bps Accretion of discount on loans ($000's) 828 813 1,260 961 572 Net recoveries (charge-offs) ($000's) (1,160 ) (3,167 ) (4,305 ) (11,455 ) (282 ) Return on average assets 1.06 % 1.28 % 1.17 % 1.05 % 1.34 % Fee income ratio 10.3 % 10.9 % 10.1 % 11.0 % 10.2 % Efficiency ratio 53.7 % 55.0 % 55.5 % 54.1 % 51.7 % Employees' compensation and benefits ($000's) 34,405 33,523 35,744 33,241 31,925 Broker-Dealer Segment: Net revenue ($000's) (4) 116,625 123,974 116,067 138,374 144,494 Employees' compensation and benefits ($000's) 78,705 76,861 71,272 83,361 86,997 Variable compensation expense ($000's) 44,214 43,003 36,469 49,635 50,756 Compensation as a % of net revenue 67.5 % 62.0 % 61.4 % 60.2 % 60.2 % Pre-tax margin (5) 5.9 % 10.0 % 12.7 % 18.4 % 18.3 % Mortgage Origination Segment: Mortgage loan originations - volume ($000's): Home purchases 1,954,264 2,075,078 1,428,157 1,918,395 2,027,568 Refinancings 255,949 318,464 600,569 511,960 269,136 Total mortgage loan originations - volume 2,210,213 2,393,542 2,028,726 2,430,355 2,296,704 Mortgage loan sales - volume ($000's) 2,423,284 2,041,387 2,021,018 2,180,088 2,220,126 Net gains from mortgage loan sales (basis points): Loans sold to third parties (6) 200 217 248 236 226 Broker fee income (7) 11 12 13 14 13 Impact of loans retained by banking segment (10 ) (6 ) (7 ) (4 ) (5 ) As reported 201 223 254 246 234 Mortgage servicing rights asset ($000's) (8) 28,095 22,755 20,045 17,491 12,273 Employees' compensation and benefits ($000's) 57,845 60,738 55,087 59,657 60,036 Variable compensation expense ($000's) 29,939 34,514 28,723 34,275 32,665 ________________________________________ (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, $0.8 million, $0.8 million, $0.8 million and $1.0 million, respectively, for the periods presented and for the banking segment were $0.2 million, $0.1 million, $0.2 million, $0.1 million and $0.3 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 5, 8, 7, 8 and 9 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. September 30, June 30, March 31, December 31, September 30, Non-Performing Assets Portfolio Data 2026 2026 2026 2025 2025 Loans accounted for on a non-accrual basis ($000's): Commercial real estate: Non-owner occupied $ 12,051 $ 13,785 $ 15,288 $ 3,873 $ 3,969 Owner occupied 13,188 10,769 10,218 5,617 7,119 Commercial and industrial 11,322 17,567 22,237 28,581 41,457 Construction and land development 2,070 690 844 1,010 1,007 1-4 family residential 12,773 11,991 12,419 14,367 14,701 Consumer — — — — — Broker-dealer — — — — — Non-accrual loans ($000's) $ 51,404 $ 54,802 $ 61,006 $ 53,448 $ 68,253 Non-accrual loans as a % of total loans 0.54 % 0.57 % 0.66 % 0.58 % 0.75 % Other real estate owned ($000's) 8,812 7,466 8,473 8,020 8,289 Other repossessed assets ($000's) — — — — — Non-performing assets ($000's) 60,216 62,268 69,479 61,468 76,542 Non-performing assets as a % of total assets 0.37 % 0.39 % 0.44 % 0.39 % 0.49 % Loans past due 90 days or more and still accruing ($000's) (1) 46,330 40,226 40,155 33,811 28,388 ________________________________________ (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 September 30, 2026 2025 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 $ 911,515 $ 13,716 5.89 % $ 905,623 $ 14,331 6.19 % Loans held for investment, gross (2) 8,708,397 127,249 5.80 % 8,103,557 121,442 5.95 % Investment securities - taxable 2,362,020 27,121 4.59 % 2,477,028 25,451 4.11 % Investment securities - non-taxable (3) 352,472 3,784 4.29 % 391,685 4,458 4.55 % Federal funds sold and securities purchased under agreements to resell 154,361 1,244 3.20 % 71,359 958 5.32 % Interest-bearing deposits in other financial institutions 566,998 5,257 3.68 % 1,061,807 11,430 4.27 % Securities borrowed 1,391,178 12,022 3.38 % 1,423,476 21,175 5.82 % Other 119,254 2,186 7.27 % 134,682 1,962 5.78 % Interest-earning assets, gross (3) 14,566,195 192,579 5.25 % 14,569,217 201,207 5.48 % Allowance for credit losses (84,890 ) (97,992 ) Interest-earning assets, net 14,481,305 14,471,225 Noninterest-earning assets 1,002,610 956,077 Total assets $ 15,483,915 $ 15,427,302 Liabilities and Stockholders' Equity Interest-bearing liabilities Interest-bearing deposits $ 7,846,164 $ 46,304 2.34 % $ 7,807,348 $ 57,001 2.90 % Securities loaned 1,389,808 10,260 2.93 % 1,407,765 19,430 5.48 % Notes payable and other borrowings 1,078,891 12,887 4.74 % 934,201 11,442 4.86 % Total interest-bearing liabilities 10,314,863 69,451 2.67 % 10,149,314 87,873 3.43 % Noninterest-bearing liabilities Noninterest-bearing deposits 2,825,704 2,695,744 Other liabilities 198,119 377,444 Total liabilities 13,338,686 13,222,502 Stockholders’ equity 2,115,335 2,177,581 Noncontrolling interest 29,894 27,219 Total liabilities and stockholders' equity $ 15,483,915 $ 15,427,302 Net interest income (3) $ 123,128 $ 113,334 Net interest spread (3) 2.58 % 2.05 % Net interest margin (3) 3.35 % 3.09 % ________________________________________ (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 $1.0 million for the three months ended September 30, 2026 and 2025, respectively. Conference Call Information Hilltop will host a webcast and conference call at 8:00 AM Central (9:00 AM Eastern) on Friday, October 23, 2026. Hilltop Chairman, President and CEO Jeremy B. Ford and Hilltop CFO William B. Furr will review third quarter 2026 financial results. Interested parties can access the conference call by dialing 833-461-5787 (Toll Free North America) or (+1) 585-542-9983 (International Toll) and then using the conference ID 203160733. 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 September 30, 2026, Hilltop employed approximately 3,530 people and operated 304 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, political and business conditions in areas or markets where we compete, including changes in the price of crude oil and the impact of tariffs; (iv) persistent inflationary pressures and changes in the interest rate environment including potential impact of a prolonged elevated interest rate environment; (v) risks associated with concentration in real estate related loans; (vi) the effects of our 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 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; (xiii) risks associated with merger and acquisition integration; and (xiv) 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. Investor Relations Contact: Matt Dunn 214-525-4636 mdunn@hilltop.com Source: Hilltop Holdings Inc.