Hilltop Holdings Inc. · NYSE:HTH
Hilltop — Q2 2026 Earnings Presentation
20 slides from Hilltop's earnings presentation, Jul 24, 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
PREFACE Corporate Headquarters Additional Information MM 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 representatives of Hilltop Holdi
Slide 3: Investor Highlights – Q2 2026
INVESTOR HIGHLIGHTS – Q2 2026 Net Income EPS - Diluted ROAA ROAE $36.5 MM $0.63 0.99% . 6.89% • 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
Slide 4: Capital Highlights – Q2 2026
CAPITAL HIGHLIGHTS – Q2 2026 • 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 repurchases (1.25 million shares) Capital Management and Tangible Book Value Growth 21.23% 20.30% 19.70% 19.08%
Slide 5: Q2 Financial Summary
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% $110.7 5% Noninterest Income 200.0 188.4 6% 192.6 4% Total Revenue 315.8 300.5 5% 303.3 4% Noninterest Expenses 266.7 248.3 7% 261
Slide 6: Allowance for Credit Losses
HILLTOP HOLDINGS – ALLOWANCE FOR CREDIT LOSSES Allowance for Credit Losses at Period End ($ in millions) $105.0 4.00% $100.0 $98.0 3.50% $95.2 $95.0 $91.5 $89.0 3.00% $90.0 $1.9 $84.9 2.50% $85.0 ($3.2) $80.0 ($2.4) ($0.5) 2.00% $75.0 1.22% 1.16% 1.10% 1.50% 1.06% 0.98% $70.0 1.00% $65.0 0.50% $60.0
Slide 7: Net Interest Income & Margin
HILLTOP HOLDINGS – NET INTEREST INCOME & MARGIN Net Interest Income Quarter-over-Quarter Net Interest Margin ($ in millions) Q1 2026 3.13% Depos its 0.08% $120.0 $115.9 Inves tment Securities 0.01% $115 .0 $112.4 $112.5 $112.1 $110.7 Loans Held For Inves tment 0.05% Loans Held for Sale 0.01% $110 .0
Slide 8: Deposits
HILLTOP HOLDINGS – DEPOSITS Deposit Mix at Period End Key Drivers & Statistics ($ in billions) Q2'25 Q1'26 Q2'26 $10.9 Average Deposits ($B) $10.6 $10.6 $10.4 $10.7 $10.5 $10.4 $0.1 $10.5 $0.3 $0.1 Average Broker-Dealer Sweep Deposits ($B) $0.6 $0.1 $0.3 $0.4 $0.6 1 Cost of Interest-Bearing Deposits
Slide 9: Noninterest Income
HILLTOP HOLDINGS – NONINTEREST INCOME Noninterest Income Year-over-Year Noninterest Income ($ in millions) ($ in millions) Q2 2025 $192.6 $217.8 $217.4 Net gains on sale of loans and other mortgage production income (3.4) $11.0 $3.3 $12.4 $200.0 Mortgage loan origination fees 1.6 $192.6 Principal tr
Slide 10: Noninterest Expense
HILLTOP HOLDINGS – NONINTEREST EXPENSE Noninterest Expenses Year-over-Year Noninterest Expense ($ in millions) ($ in millions) Q2 2025 $261.2 $40 0. 0 Compens a tion a nd Benefits 3.5 86.1% Occupa ncy a nd Equipment (1.6) 84.5% 82.3% 81.5% 82.6% Profes s iona l Services 1.8 $35 0.0 Other Expens es 1
Slide 11: Loans
HILLTOP HOLDINGS – LOANS Loan Mix at Period End Key Drivers & Statistics ($ in billions) $8.7 $8.4 Q2'25 Q1'26 Q2'26 $8.2 $8.3 $0.3 $8.1 $0.3 Average Loans HFI Balance ($B) $8.1 $8.3 $8.5 $0.3 $0.3 $0.3 $1.4 Annualized HTH Loan HFI Yield % 5.84% 5.75% 5.73% $1.4 $1.4 $1.4 Annualized Bank Loan HFI Yi
Slide 12: PlainsCapital Bank – Asset Quality
PLAINSCAPITAL BANK – ASSET QUALITY Criticized Loans as a % of Bank Loans Non-Performing Assets 1 ($ in thousands) 3.01% 2.87% 1.06% 2.52% 0.97% 0.66% 2.30% 2.18% 0.20% 0.86% 0.16% 0.77% 0.75% 2.35% 2.36% 2.67% $81,887 $76,542 2.30% 2.18% $61,468 $69,479 $62,268 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 202
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 5% – 7% (Full Year Average HFI Loan Growth) • Expect to retain $10 – $30 million per month of originated mortgages Deposit Growth • Fu
Slide 14: Appendix
Appendix 14 ©2026 Hilltop Holdings. Confidential and Proprietary.
Slide 15: Non-GAAP to GAAP Reconciliation and Explanation of Non-GAAP Measures
NON-GAAP TO GAAP RECONCILIATION AND MANAGEMENT’S EXPLANATION OF NON- GAAP FINANCIAL MEASURES Tangible Common Equity is a non-GAAP financial measure. Tangible common equity is defined as our total stockholders’ equity, excluding preferred stock, reduced by goodwill and other intangible assets. This i
Slide 16: PlainsCapital Bank – Q2 2026 Highlights
PLAINSCAPITAL BANK – Q2 2026 HIGHLIGHTS Summary Results ($ in millions) Q2 2025 Q2 2026 Key Highlights Q2 2025 Q2 2026 Net Interes t Income $94.9 $99.5 ROAA 1.35% 1.28% Provi s i on for (Revers a l of) Credi t Los s es (7.3) (1.0) Ful l Servi ce Bra nches (peri od end) 55 54 Noni nteres t Income 11.
Slide 17: PrimeLending – Q2 2026 Highlights
PRIMELENDING – Q2 2026 HIGHLIGHTS Summary Results Key Highlights ($ in millions) Q2 2025 Q2 2026 ($ in millions) Q2 2025 Q2 2026 Net Interes t Income (Expens e) ($2.3) ($0.9) Origina tion Volume $2,433 $2,394 Noninteres t Income 90.2 79.0 % Purcha s e 89% 87% Noninteres t Expens e 84.7 80.1 Sa les V
Slide 18: HilltopSecurities – Q2 2026 Highlights
HILLTOPSECURITIES – Q2 2026 HIGHLIGHTS Summary Results Key Highlights ($ in millions) Q2 2025 Q2 2026 ($ in millions) Q2 2025 Q2 2026 Net Interes t Income $13.2 $13.0 Compens a tion/Net Revenue (%) 67.0% 62.0% Provi s i on for (Revers a l of) Credi t Los s es 0.0 0.1 Pre-ta x Ma rgi n (%) 5.8% 10.0%
Slide 19: Auto Note Finance Portfolio
HILLTOP HOLDINGS – AUTO NOTE FINANCE PORTFOLIO Auto Note Financing Commitments ¹ Commentary ($ in millions) • Auto Note Finance committed portfolio balance has been in decline $281 since 2021 o The impacts of higher interest rates and declining values of $196 used vehicles continue to put downward p
Slide 20: 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 June 30, 2026) (Ending Balance on June 30, 2026) Office 13% 23% CRE Owner Retail 6% Occupied Hotel/Motel $2,255 $1,559 Multifamily 59% 1