Hilltop Holdings Inc. · NYSE:HTH
Hilltop — Q2 2026 Earnings Presentation
20 slides from Hilltop's earnings presentation, Jul 23, 2026
Slide 1: Hilltop Holdings Inc. Q2 2026 Earnings Presentation
HILLTOP HOLDINGS INC. Q2 2026 EARNINGS PRESENTATION JULY 2026
Slide 2: Preface and Forward-Looking Statements
2 ©2026 Hilltop Holdings. Confidential and Proprietary. PREFACE MM 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: mdunn@hilltop.com FORWARD-LOOKING STATEMENTS This presentation
Slide 3: Investor Highlights – Q2 2026
3 ©2026 Hilltop Holdings. Confidential and Proprietary. INVESTOR HIGHLIGHTS – Q2 2026 • PlainsCapital Bank generated $51.2 million in pre-tax income during Q2 2026 • Bank net interest margin increased to 3.42% in Q2 2026, up 4 basis points from Q1 2026 and 26 basis points from Q2 2025 • Bank loans H
Slide 4: Capital Highlights – Q2 2026
4 ©2026 Hilltop Holdings. Confidential and Proprietary. CAPITAL HIGHLIGHTS – Q2 2026 Capital Management and Tangible Book Value Growth • During Q2 2026, Hilltop returned $58.6 million to stockholders through dividends and share repurchases o $11.6 million in dividends o $47.0 million in share repurc
Slide 5: Q2 Financial Summary
5 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – Q2 FINANCIAL SUMMARY $ in millions, except EPS Income Statement and Key Metrics Q2 2026 Q1 2026 QoQ% Q2 2025 YoY% Net Interest Income $115.9 $112.1 3% $110.7 5% Noninterest Income 200.0 188.4 6% 192.6 4% Total Revenue 315.8 3
Slide 6: Allowance for Credit Losses
6 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – ALLOWANCE FOR CREDIT LOSSES Allowance for Credit Losses at Period End 6/30/2026 Reserve Composition ($ in millions) Commentary • Applied Moody’s Analytics June 2026 baseline scenario for economic forecast • ACL % of Loans HFI
Slide 7: Net Interest Income & Margin
7 ©2026 Hilltop Holdings. Confidential and Proprietary. Q1 2026 3.13% Deposits 0.08% Inves tment Securities 0.01% Loans Held For Investment 0.05% Loans Held for Sale 0.01% Borrowings (0.07%) Q2 2026 3.21% HILLTOP HOLDINGS – NET INTEREST INCOME & MARGIN ($ in millions) Net Interest Income Quarter-ove
Slide 8: Deposits
8 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – DEPOSITS $7.0 $7.6 $7.9 $7.6 $7.4 $2.8 $2.8 $2.8 $2.8 $2.7 $0.6 $0.3 $0.1 $0.1 $0.4 $10.4 $10.7 $10.9 $10.5 $10.5 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 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 $90.2 $76.6 $76.2 $73.0 $79.0 $96.5 $131.8 $125.5 $104.2 $111.0 $11.9 $11.0 $12.4 $11.1 $12.2 ($6.0) ($1.6) $3.3 $0.2 ($2.2) $192.6 $217.8 $217.4 $188.4 $200.0 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 PrimeL
Slide 10: Noninterest Expense
10 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – NONINTEREST EXPENSE $190.9 $188.5 $185.0 $183.1 $189.2 $70.3 $83.4 $83.9 $65.2 $77.5 $261.2 $271.9 $268.9 $248.3 $266.7 86.1% 82.3% 81.5% 82.6% 84.5% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 $ 0 .0 $ 5 0. 0 $ 10 0 .0 $ 15 0 .
Slide 11: Loans
11 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – LOANS $6.1 $6.2 $6.3 $6.4 $6.6 $0.3 $0.3 $0.3 $0.4 $0.4 $1.4 $1.4 $1.4 $1.4 $1.4 $0.3 $0.3 $0.3 $0.3 $0.3 $8.1 $8.2 $8.3 $8.4 $8.7 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Mortgage Warehouse Lending 1 - 4 Family PrimeLending
Slide 12: PlainsCapital Bank – Asset Quality
12 ©2026 Hilltop Holdings. Confidential and Proprietary. $896 $282 $11,455 $4,305 $3,167 0.05% 0.01% 0.58% 0.22% 0.16% -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 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NCOs NCOs/
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 5% – 7% • 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, exclu
Slide 16: PlainsCapital Bank – Q2 2026 Highlights
16 ©2026 Hilltop Holdings. Confidential and Proprietary. PLAINSCAPITAL BANK – Q2 2026 HIGHLIGHTS 55.4% 51.7% 54.1% 55.5% 55.0% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 3.16% 3.23% 3.29% 3.38% 3.42% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Notes: (1) Efficiency Ratio is calculated as noninterest expens
Slide 17: PrimeLending – Q2 2026 Highlights
17 ©2026 Hilltop Holdings. Confidential and Proprietary. PRIMELENDING – Q2 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. $2.4 $2.3 $2.4 $2.0 $2.4 Q2 2025 Q3 20
Slide 18: HilltopSecurities – Q2 2026 Highlights
18 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOPSECURITIES – Q2 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 Note Finance Portfolio
19 ©2026 Hilltop Holdings. Confidential and Proprietary. HILLTOP HOLDINGS – AUTO NOTE FINANCE 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 contin
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 June 30, 2026) CRE Allowance for Credit Losses (ACL) Commercial Real Estate – Non-Owner Occupied (Ending Balance on June 30