Hilltop Holdings Inc. · NYSE:HTH
Hilltop — Q1 2026 Earnings Presentation
20 slides from Hilltop's earnings presentation, Apr 24, 2026
Slide 1: Hilltop Holdings Inc. Q1 2026 Earnings Presentation
HILLTOP HOLDINGS INC. Q1 2026 EARNINGS PRESENTATION APRIL 2026
Slide 2: Preface
PREFACE Corporate Headquarters Additional Information $36.1 MM $0.57 0.98% 6.62% 6565 Hillcrest Ave Please Contact: Dallas, TX 75205 Matt Dunn Phone: 214-855-2177 Phone: 214-525-4636 www.hilltop.com Email: mdunn@hilltop.com FORWARD-LOOKING STATEMENTS This presentation and statements made by represen
Slide 3: Investor Highlights – Q1 2026
INVESTOR HIGHLIGHTS – Q1 2026 Net Income EPS - Diluted ROAA ROAE $37.8 MM $0.64 . 1.02% 7.12% • PlainsCapital Bank generated $47.1 million in pre-tax income during Q1 2026 • Bank net interest margin rose from 3.29% in Q4 2025 to 3.38% in Q1 2026. Loan yields decreased 2 basis points to 5.70% and dep
Slide 4: Capital Highlights – Q1 2026
CAPITAL HIGHLIGHTS – Q1 2026 • During Q1 2026, Hilltop returned $59.4 million to stockholders through dividends and share repurchases o $11.8 million in dividends o $47.5 million in share repurchases Capital Management and Tangible Book Value Growth 22.00% 21.23% 19.70% 19.32% 19.08% $36.42 $36.63 $
Slide 5: Q1 Financial Summary
HILLTOP HOLDINGS – Q1 FINANCIAL SUMMARY $ in millions, except EPS Income Statement and Key Metrics Q1 2026 Q4 2025 QoQ% Q1 2025 YoY% Net Interest Income $112.1 $112.5 (0%) $105.1 7% Noninterest Income 188.4 217.4 (13%) 213.3 (12%) Total Revenue 300.5 329.9 (9%) 318.5 (6%) Noninterest Expenses 248.3
Slide 6: Allowance for Credit Losses
HILLTOP HOLDINGS – ALLOWANCE FOR CREDIT LOSSES Allowance for Credit Losses at Period End ($ in millions) $115.0 4.00% $106.2 3.50% $105.0 $98.0 3.00% $95.2 $95.0 $91.5 $4.0 $89.0 2.50% $85.0 2.00% ($4.3) 1.33% ($2.1) ($0.1) 1.16% 1.50% $75.0 1.22% 1.10% 1.06% 1.00% $65.0 0.50% $55.0 0.00% 3/31/2025
Slide 7: Net Interest Income & Margin
HILLTOP HOLDINGS – NET INTEREST INCOME & MARGIN Net Interest Income Quarter-over-Quarter Net Interest Margin ($ in millions) Q4 2025 3.02% Depos i ts 0.15% $112.4 $112.5 $ 1 1 .5 0 $112.1 $110.7 Inves tment Securi ties 0.05% $ 1 1 .0 0 Loa ns Hel d For Inves tment (0.09%) $105.1 $1 050 . Loa ns Hel
Slide 8: Deposits
HILLTOP HOLDINGS – DEPOSITS Deposit Mix at Period End Key Drivers & Statistics ($ in billions) Q1'25 Q4'25 Q1'26 $10.9 Average Depos its ($B) $10.9 $10.7 $10.6 $10.8 $10.7 $10.5 $10.4 $0.1 Average Broker-Dealer Sweep Depos its ($B) $0.6 $0.2 $0.1 $0.6 $0.3 $0.1 1 $0.6 Cos t of Interes t-Bearing Depo
Slide 9: Noninterest Income
HILLTOP HOLDINGS – NONINTEREST INCOME Noninterest Income Year-over-Year Noninterest Income ($ in millions) ($ in millions) Q1 2025 $213.3 $217.8 $217.4 $213.3 Net gains on sale of loans and other mortgage production income 5.7 $11.0 $3.3 Principal transactions, commission and fees 11.2 $192.6 $12.4
Slide 10: Noninterest Expense
HILLTOP HOLDINGS – NONINTEREST EXPENSE Noninterest Expenses Year-over-Year Noninterest Expense ($ in millions) ($ in millions) Q1 2025 $251.5 $ 40 . 0 Compens a ti on a nd Benefi ts (7.3) 86.1% Occupa ncy a nd Equi pment 0.0 82.3% Profes s i ona l Servi ces 1 7.1 82.6% 81.5% $3 0 5 0 . Other Expens
Slide 11: Loans
HILLTOP HOLDINGS – LOANS Loan Mix at Period End Key Drivers & Statistics ($ in billions) $8.4 Q1'25 Q4'25 Q1'26 $8.2 $8.3 $8.0 $8.1 $0.3 Average Loans HFI Balance ($B) $7.9 $8.2 $8.3 $0.3 $0.3 $0.2 $0.3 Annualized HTH Loan HFI Yield % 5.82% 5.79% 5.75% $1.4 $1.4 $1.4 Annualized Bank Loan HFI Yield %
Slide 12: Consolidated PlainsCapital Bank – Asset Quality
CONSOLIDATED PLAINSCAPITAL BANK – ASSET QUALITY Criticized Loans as a % of Bank Loans Non-Performing Assets ($ in thousands) 3.72% 3.01% 1.17% 0.97% 1.06% 2.52% 0.97% 0.66% 2.30% 2.18% 0.86% 0.16% 0.77% 2.75% $89,159 $81,887 2.35% 2.30% 2.18% 2.36% $76,542 $69,479 $61,468 Q1 2025 Q2 2025 Q3 2025 Q4
Slide 13: 2026 Outlook
HILLTOP HOLDINGS – 2026 OUTLOOK Outlook Loan Growth • Full year average Bank loans (excluding retained mortgages and mortgage warehouse lending) expected to increase 4% – 6% (Full Year Average HFI Loan Growth) • Expect to retain $10 – $30 million per month of originated mortgages Deposit Growth • Fu
Slide 14: Appendix
Appendix 14 ©2026 Hilltop Holdings. Confidential and Proprietary.
Slide 15: Non-GAAP to GAAP Reconciliation and Management's Explanation
NON-GAAP TO GAAP RECONCILIATION AND MANAGEMENT’S EXPLANATION OF NON- GAAP FINANCIAL MEASURES Tangible Common Equity is a non-GAAP financial measure. Tangible common equity is defined as our total stockholders’ equity, excluding preferred stock, reduced by goodwill and other intangible assets. This i
Slide 16: PlainsCapital Bank – Q1 2026 Highlights
PLAINSCAPITAL BANK – Q1 2026 HIGHLIGHTS Summary Results ($ in millions) Q1 2025 Q1 2026 Key Highlights Q1 2025 Q1 2026 Net Interes t Income $90.6 $98.7 ROAA 0.96% 1.17% Provi s i on for (Revers a l of) Credi t Los s es 9.4 1.8 Ful l Servi ce Bra nches (peri od end) 55 54 Noni nteres t Income 10.8 11
Slide 17: PrimeLending – Q1 2026 Highlights
PRIMELENDING – Q1 2026 HIGHLIGHTS Summary Results Key Highlights ($ in millions) Q1 2025 Q1 2026 ($ in millions) Q1 2025 Q1 2026 Net Interes t Income (Expens e) ($1.4) ($0.9) Ori gi na ti on Vol ume $1,742 $2,029 Noni nteres t Income 67.8 73.0 % Purcha s e 88% 70% Noni nteres t Expens e 74.7 74.4 Sa
Slide 18: HilltopSecurities – Q1 2026 Highlights
HILLTOPSECURITIES – Q1 2026 HIGHLIGHTS Summary Results Key Highlights ($ in millions) Q1 2025 Q1 2026 ($ in millions) Q1 2025 Q1 2026 Net Interes t Income $11.6 $11.9 Compens a ti on/Net Revenue (%) 62.7% 61.4% Provi s i on for (Revers a l of) Credi t Los s es (0.0) 0.0 Pre-ta x Ma rgi n (%) 8.5% 12
Slide 19: Commercial Real Estate Portfolio
HILLTOP HOLDINGS – COMMERCIAL REAL ESTATE PORTFOLIO Commercial Real Estate Portfolio Commercial Real Estate – Non-Owner Occupied (Ending Balance, $ in millions, on March 31, 2026) (Ending Balance on March 31, 2026) Office 12% Retail 25% CRE Owner 7% Occupied Hotel/Motel $1,541 $2,150 Multifamily 42%
Slide 20: Auto Lending Portfolio
HILLTOP HOLDINGS – AUTO LENDING PORTFOLIO Auto Note Financing Commitments ¹ Commentary ($ in millions) • Auto Note Financing committed portfolio balance has been in decline $281 since 2021 o The impacts of higher interest rates and declining values of used vehicles continue to put downward pressure