HTH on NYSE

Hilltop Holdings Inc.

American state commercial bank based in Dallas, listed on NYSE (HTH)1

In its 2026 annual report the company says: “Hilltop Holdings Inc. is a diversified, Texas-based financial holding company incorporated in Maryland and registered under the Bank Holding Company Act of 1956, as amended. Our primary line of business is to provide business and consumer banking services from offices located throughout Texas through the Bank. We also provide an array of financial products and services through our broker-dealer and mortgage origination segments.”4

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Last updated Oct 21, 2026.

Overview

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  • TickerHTH on NYSE1
  • IndustryState Commercial Banks1
  • HeadquartersDallas, Texas1
  • Incorporated inMD2
  • Business address6565 Hillcrest Ave., Dallas, Tx 752052
  • Filer categoryLarge accelerated filer2

Hilltop Holdings Inc. is a diversified, Texas-based financial holding company incorporated in Maryland and registered under the Bank Holding Company Act of 1956, as amended (the “Bank Holding Company Act”). Our primary line of business is to provide business and consumer banking services from offices located throughout Texas through the Bank. We also provide an array of financial products and services through our broker-dealer and mortgage origination segments. We endeavor to build and maintain a strong financial services company through organic growth as well as acquisitions, which we may make using available capital, excess liquidity and, if necessary or appropriate, additional equity or debt financing sources. The following includes additional details regarding the financial products and services provided by each of our two primary business units.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Asset Management brought in 21% of the revenue Hilltop Holdings Inc. broke down this way in fiscal 2025.

  1. Asset Management$44.9M521%up 18% from 2024
  2. Commissions$42.2M519%up 14% from 2024
  3. Money Market And Bank Insured Fund Fees$38.8M518%up 31% from 2024
  4. Principal Transactions Commissions And Fees, Other$32.0M515%up 6% from 2024
  5. Underwriting$24.0M511%up 65% from 2024
  6. Deposit Account$18.9M59%down 9% from 2024
  7. Trust Fees$12.4M56%down 7% from 2024
  8. Investment Advisory, Management and Administrative Service, Other$4.1M52%up 20% from 2024
Products and services by year
Products and services202320242025
Asset Management$32.3M$38.1M$44.9M
Commissions$32.7M$37.2M$42.2M
Money Market And Bank Insured Fund Fees$13.4M$29.7M$38.8M
Principal Transactions Commissions And Fees, Other$31.5M$30.2M$32.0M
Underwriting$25.3M$14.5M$24.0M
Deposit Account$16.2M$20.7M$18.9M
Trust Fees$13.4M$13.4M$12.4M
Investment Advisory, Management and Administrative Service, Other$3.2M$3.4M$4.1M

Financial statements

Net income67895$165.6M in 2025−26% since 2019
0$200.0M$400.0M$600.0M2019: $225.3M$225.3M20192020: $447.8M$447.8M2020+99%2021: $374.5M$374.5M2021−16%2022: $113.1M$113.1M2022−70%2023: $109.6M$109.6M2023−3%2024: $113.2M$113.2M2024+3%2025: $165.6M$165.6M2025+46%

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.5

Period ending2025-12-312024-12-312023-12-31
Loans, including fees$525.8M$544.5M$542.3M
Securities borrowed$75.3M$77.8M$71.9M
Taxable$101.1M$107.0M$108.2M
Tax-exempt$12.7M$10.2M$10.8M
Other$69.1M$96.9M$105.2M
Total interest income$784.0M$836.4M$838.4M
Deposits$228.3M$275.3M$223.2M
Securities loaned$67.8M$72.6M$65.2M
Short-term borrowings$31.3M$44.1M$57.9M
Notes payable$11.5M$14.7M$15.4M
Other$4.4M$11.9M$9.9M
Total interest expense$343.3M$418.6M$371.5M
Net interest income$440.7M$417.8M$466.8M
Provision for (reversal of) credit losses$7.3M$941.0K$18.4M
Net interest income after provision for (reversal of) credit losses$433.4M$416.9M$448.5M
Net gains from sale of loans and other mortgage production income$198.5M$190.0M$172.2M
Principal transactions, commissions and fees$253.3M$250.6M$218.9M
Other$105.4M$64.3M$59.0M
Total noninterest income$841.1M$771.0M$729.0M
Employees' compensation and benefits$730.6M$687.1M$678.3M
Occupancy and equipment, net$81.6M$91.2M$89.3M
Professional services$40.0M$44.4M$49.1M
Other$201.2M$210.7M$211.6M
Total noninterest expense$1.1B$1.0B$1.0B
Income before income taxes$221.1M$154.3M$149.1M
Income tax expense$49.0M$31.0M$31.1M
Net income$172.0M$123.2M$118.0M
Less: Net income attributable to noncontrolling interest$6.4M$10.0M$8.3M
Income attributable to Hilltop$165.6M$113.2M$109.6M
Basic (in dollars per share)$2.64$1.74$1.69
Diluted (in dollars per share)$2.64$1.74$1.69
Basic (in shares)62.7M shares65.0M shares65.0M shares
Diluted (in shares)62.7M shares65.0M shares65.0M shares

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Corporate structure

Hilltop Holdings Inc. sits at the top of its group. 36 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Hilltop Holdings Inc.

  • Gerald J. Ford Filed SCHEDULE 13D/A on Hilltop Holdings Inc., latest Oct 1, 2026 (7 filings since Sep 9, 2022)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Hilltop Holdings Inc., latest Mar 27, 2026 (4 filings since Feb 10, 2022)
  • BlackRock Filed SCHEDULE 13G/A on Hilltop Holdings Inc., latest Jul 18, 2025 (5 filings since Jan 28, 2022)
  • DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on Hilltop Holdings Inc., latest Apr 15, 2025 (4 filings since Feb 8, 2022)
  • MILLENNIUM MANAGEMENT LLC Filed SC 13G on Hilltop Holdings Inc., latest Jun 3, 2022
  • Hilltop Holdings Inc. Dallas, Texas
    • ARC Insurance Holdings, Inc. Subsidiary · Delaware, United States
    • First Southwest Capital Investments, Inc. Subsidiary · Delaware, United States
    • First Southwest Holdings LLC Subsidiary · Delaware, United States
    • First Southwest Leasing Company Subsidiary · Delaware, United States
    • FSC Asset Administrator, LLC Subsidiary · Delaware, United States
    • Highland HomeLoans, LLC Subsidiary · Delaware, United States
    • Hilltop Investments I LLC Subsidiary · Delaware, United States
    • Hilltop OP Albers Holdings LLC Subsidiary · Delaware, United States
    • Hilltop OP FPDS Preferred Holdings LLC Subsidiary · Texas, United States
    • Hilltop OP Kinley Holdings LLC Subsidiary · Texas, United States
    • Hilltop OP Moser Holdings GP LLC Subsidiary · Delaware, United States
    • Hilltop OP Moser Holdings LP Subsidiary · Delaware, United States
    • Hilltop OP Pioneer GP LLC Subsidiary · Delaware, United States
    • Hilltop OP Pioneer Holdings LLC Subsidiary · Delaware, United States
    • Hilltop OP Pioneer LP Subsidiary · Delaware, United States
    • Hilltop OP Power Test Common Holdings LLC Subsidiary · Texas, United States
    • Hilltop OP Power Test Preferred Holdings LLC Subsidiary · Texas, United States
    • Hilltop OP Viking Common Holdings LLC Subsidiary · Delaware, United States
    • Hilltop OP Viking Preferred Holdings LLC Subsidiary · Delaware, United States
    • Hilltop Opportunity Partners LLC Subsidiary · Texas, United States
    • Hilltop Securities Asset Management, LLC Subsidiary · Delaware, United States
    • Hilltop Securities Holdings LLC Subsidiary · Delaware, United States
    • Hilltop Securities Inc. Subsidiary · Delaware, United States
    • Hilltop Securities Insurance Agency Inc. Subsidiary · Texas, United States
    • HTH Diamond Hillcrest Land LLC Subsidiary · Texas, United States
    • and 10 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Hilltop Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$403.0K5 Dec 31, 2025$738.0K5 Dec 31, 2024−45.4%
Operating-lease assets (leased space)$83.8M5 Dec 31, 2025$90.6M5 Dec 31, 2024−7.5%

Investments

ItemLatestA year beforeChange
Debt securities available for sale$1.5B5 Dec 31, 2025$1.4B5 Dec 31, 2024+6.8%
Debt securities held to maturity$728.3M5 Dec 31, 2025$737.9M5 Dec 31, 2024−1.3%
Deposits held (banks)$10.9B5 Dec 31, 2025$11.1B5 Dec 31, 2024−1.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$267.4M5 Dec 31, 2025$267.4M5 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$5.6M5 Dec 31, 2025$6.6M5 Dec 31, 2024−15.5%
Finite-lived intangibles, gross$31.8M5 Dec 31, 2025$80.7M5 Dec 31, 2024−60.6%
Accumulated amortization$26.2M5 Dec 31, 2025$74.1M5 Dec 31, 2024−64.6%
Finite-lived intangibles, net$5.6M5 Dec 31, 2025$6.6M5 Dec 31, 2024−15.5%

Properties, in its own words

The principal office for both Hilltop and the Bank since February 2020 has been located in the City of University Park, Texas. In addition to our principal office, our business segments conduct business at various locations. We have options to renew leases at most locations that we do not own.

Banking. At December 31, 2025, our banking segment conducted business at 58 locations throughout Texas, including three support facilities. The Bank leases 35 banking locations, including its principal offices, and owns the remaining 23 banking locations.

The rest of Item 2

Broker-Dealer. At December 31, 2025, our broker-dealer segment conducted business from 39 locations in 16 states. Each of these locations is leased by Hilltop Securities.

Mortgage Origination. At December 31, 2025, our mortgage origination segment conducted business from over 170 locations in 46 states. Each of these locations is leased by PrimeLending.

Item 2 of the 10-K filed Feb 13, 2026.4

Leadership

Who has led Hilltop Holdings Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (32)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • ARC Insurance Holdings, Inc. Delaware3
  • FSC Asset Administrator, LLC Delaware3
  • First Southwest Capital Investments, Inc. Delaware3
  • First Southwest Holdings LLC Delaware3
  • First Southwest Leasing Company Delaware3
  • HTH Diamond Hillcrest Land LLC Texas3
  • HTH Hillcrest Project LLC Texas3
  • Highland HomeLoans, LLC Delaware3
  • Hilltop Investments I LLC Delaware3
  • Hilltop OP Albers Holdings LLC Delaware3
  • Hilltop OP FPDS Preferred Holdings LLC Texas3
  • Hilltop OP Kinley Holdings LLC Texas3
  • Hilltop OP Moser Holdings GP LLC Delaware3
  • Hilltop OP Moser Holdings LP Delaware3
  • Hilltop OP Pioneer GP LLC Delaware3
  • Hilltop OP Pioneer Holdings LLC Delaware3
  • Hilltop OP Pioneer LP Delaware3
  • Hilltop OP Power Test Common Holdings LLC Texas3
  • Hilltop OP Power Test Preferred Holdings LLC Texas3
  • Hilltop OP Viking Common Holdings LLC Delaware3
  • Hilltop OP Viking Preferred Holdings LLC Delaware3
  • Hilltop Opportunity Partners LLC Texas3
  • Hilltop Securities Asset Management, LLC Delaware3
  • Hilltop Securities Holdings LLC Delaware3
All 35 listed subsidiaries
  • Hilltop Securities Inc. Delaware3
  • Hilltop Securities Insurance Agency Inc. Texas3
  • Kindred HomeLoans, LLC Delaware3
  • Momentum Independent Network Inc. Texas3
  • OpenRange Capital LLC Delaware3
  • PCB – ARC, Inc. Texas3
  • PlainsCapital Bank Texas3
  • PlainsCapital Corporation Maryland3
  • PrimeLending Ventures Management, LLC Texas3
  • PrimeLending, a PlainsCapital Company Texas3
  • RGV – ARC, Inc. Texas3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • AFFORDABLE RESIDENTIAL COMMUNITIES INCOct 20, 2003 to Jul 31, 20072

Timeline

  1. Jul 24, 20268-K Shareholder vote57
  2. Jul 23, 20268-K Results of operations; Other events58
  3. Jul 23, 20268-K Regulation FD disclosure59
  4. Apr 28, 20268-K Executive or director change60
  5. Apr 23, 20268-K Results of operations; Other events61
  6. Apr 23, 20268-K Regulation FD disclosure62
  7. Feb 5, 20268-K Executive or director change; Other events63
  8. Jan 29, 20268-K Results of operations; Other events64
  9. Jan 29, 20268-K Regulation FD disclosure65
  10. Dec 9, 20258-K Executive or director change66
  11. Oct 23, 20258-K Results of operations; Other events67
  12. Oct 23, 20258-K Results of operations68
  13. Feb 22, 2019New chief executive Martin Bradley Winges becomes CEO14
  14. May 6, 2013New chief executive Todd Salmans becomes CEO17
  15. May 6, 2013New chief executive Jerry Schaffner becomes CEO16
  16. May 6, 2013New chief executive Alan B. White becomes CEO15
  17. Dec 4, 2012New chief executive Hill A. Feinberg becomes CEO18
  18. Mar 22, 2010New chief executive Jeremy B. Ford becomes CEO19
  19. Mar 21, 2006New chief executive Larry D. Willard becomes CEO20

Calendar

Coming up

  1. Oct 22, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.74 a share, on Oct 23, 2025.69

When it reported results

  1. Jul 23, 2026Reported quarterly or annual results58
  2. Apr 23, 2026Reported quarterly or annual results61
  3. Jan 29, 2026Reported quarterly or annual results64
  4. Oct 23, 2025Reported quarterly or annual results67
  5. Oct 23, 2025Reported quarterly or annual results68
  6. Jul 24, 2025Reported quarterly or annual results70
  7. Jul 24, 2025Reported quarterly or annual results71
  8. Apr 24, 2025Reported quarterly or annual results72

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

653 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 65 major events, 481 insider forms, 21 large holders, 65 other. The latest 20:

  1. Oct 5, 20264 PRIMARY DOCUMENT EDGAR
  2. Oct 5, 20264 PRIMARY DOCUMENT EDGAR
  3. Oct 5, 20264 PRIMARY DOCUMENT EDGAR
  4. Oct 2, 20264 PRIMARY DOCUMENT EDGAR
  5. Oct 2, 20264 PRIMARY DOCUMENT EDGAR
  6. Oct 2, 20264 PRIMARY DOCUMENT EDGAR
  7. Oct 1, 2026SCHEDULE 13D/A EDGAR
  8. Aug 28, 2026N-PX EDGAR
  9. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  10. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  11. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  12. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  13. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  14. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  15. Aug 17, 20264 PRIMARY DOCUMENT EDGAR
  16. Aug 13, 202613F-HR EDGAR
  17. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  18. Aug 4, 2026144 EDGAR
  19. Jul 24, 20264 PRIMARY DOCUMENT EDGAR
  20. Jul 24, 20264 PRIMARY DOCUMENT EDGAR

The 653 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

47 open-market trades by officers, directors and large owners since October 2021: 10 buys and 37 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 24, 2026Bobbitt Rhodes RDirectorSale5,000$38.80$194.0KForm 4
Aug 21, 2026Bobbitt Rhodes RDirectorSale5,000$38.80$194.0KForm 4
Aug 14, 2026Bobbitt Rhodes RDirectorSale10,000$39.80$398.0KForm 4
Aug 13, 2026Bobbitt Rhodes RDirectorSale10,000$39.50$395.0KForm 4
Aug 5, 2026Bobbitt Rhodes RDirectorSale455$40.25$18.3KForm 4
Aug 4, 2026Bobbitt Rhodes RDirectorSale20,000$40.12$802.5KForm 4
Aug 3, 2026Bobbitt Rhodes RDirectorSale12,100$40.00$484.0KForm 4
Jun 2, 2026Bobbitt Rhodes RDirectorSale10,000$38.00$380.0KForm 4
May 27, 2026Bobbitt Rhodes RDirectorSale10,000$38.00$380.0KForm 4
May 26, 2026Bobbitt Rhodes RDirectorSale10,000$37.75$377.5KForm 4
May 13, 2026Bobbitt Rhodes RDirectorSale10,000$37.25$372.5KForm 4
May 5, 2026Bornemann Keith E.Chief Accounting OfficerSale2,000$38.00$76.0KForm 4
Mar 5, 2026Turtle Creek Revocable Trust10% ownerSale259,771$37.98$9.9MForm 4
Feb 6, 2026Thompson Steve BPrimeLending President and CEOSale9,025$39.84$359.6KForm 4
Feb 3, 2026Winges Martin BradleyHilltop Securities CEOSale26,000$38.46$1.0MForm 4
Nov 25, 2025Bornemann Keith E.Chief Accounting OfficerSale2,200$35.00$77.0KForm 4
Aug 27, 2025SOBEL JONATHAN SHilltop Securities ChairmanBuy10,000$35.36$353.6KForm 4
Aug 26, 2025SOBEL JONATHAN SHilltop Securities ChairmanBuy10,000$35.21$352.1KForm 4
Aug 25, 2025SOBEL JONATHAN SHilltop Securities ChairmanBuy10,000$34.75$347.5KForm 4
Aug 22, 2025SOBEL JONATHAN SHilltop Securities ChairmanBuy10,000$34.57$345.7KForm 4

All 47 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Jeremy B. Ford51$4.5K78
2025M. Bradley Winges58$3.8K78
2025Stephen Thompson64$2.5K78
2025William B. Furr48$1.8K78
2025Corey G. Prestidge52$1.4K78
2024Jeremy B. Ford51$4.5K78
2024M. Bradley Winges58$3.5K78
2024Stephen Thompson64$2.5K78
2024William B. Furr48$1.8K78
2024Corey G. Prestidge52$1.4K78

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.6,605,966$256.2M0.0%−6,779
Dimensional Fund Advisors LP2,615,508$101.4M0.0%−7,668
State Street Corp2,546,898$98.8M0.0%+24,912
Vanguard Portfolio Management LLC2,467,100$95.7M0.0%−19,475
Vanguard Capital Management LLC1,746,720$67.7M0.0%−25,972
Geode Capital Management, LLC1,046,610$40.6M0.0%−1,204
Ameriprise Financial Inc725,914$28.2M0.0%+57,920
Invesco Ltd.669,379$26.0M0.0%+51,879
Jpmorgan Chase & Co659,665$25.8M0.0%+154,775
Charles Schwab Investment Management Inc635,320$24.6M0.0%−69,293
Jacobs Levy Equity Management, Inc622,093$24.1M0.1%−48,817
Aqr Capital Management LLC566,366$22.0M0.0%+39,675
Northern Trust Corp512,567$19.9M0.0%−1,902
Arrowstreet Capital, Limited Partnership487,276$18.9M0.0%+21,687
Two Sigma Investments, LP471,676$18.3M0.0%+25,245
American Century Companies Inc461,073$17.9M0.0%+4,984
Nuveen, LLC452,391$17.5M0.0%+27,288
Qube Research & Technologies Ltd440,233$17.1M0.0%+11,661
Bridgeway Capital Management, LLC430,764$16.7M0.3%+7,679
Hotchkis & Wiley Capital Management LLC365,875$14.2M0.0%+9,640
Morgan Stanley363,434$14.1M0.0%−43,911
Bank of New York Mellon Corp337,582$13.1M0.0%−3,268
Principal Financial Group Inc288,710$11.2M0.0%+2,631
Goldman Sachs Group Inc286,714$11.1M0.0%−176,402
Vanguard Fiduciary Trust Co268,508$10.4M0.0%+4,881

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 17, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+3.2%Report
Jun 11, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−7.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Hilltop Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHilltop Holdings Inc.1
  • CIK0001265131
  • Employer ID (EIN)84-14779394
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inMaryland4
  • Fiscal year endsDecember 311
  • Industry code (SIC)6022 State Commercial Banks1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address6565 Hillcrest Ave., Dallas, TX 752051
  • Phone214.855.21771
  • Shares outstanding57,286,417 as of Jul 23, 202611
  • Public float$1.2B as of Jun 30, 20254
  • AuditorPricewaterhouseCoopers LLP, Dallas, Texas PCAOB ID 238; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceOct 20, 20031
  • Filings2,193 in all: 4 (1,209), 8-K (289), 10-Q (68), 3 (64), 13F-HR (55), SC 13G/A (50), 4/A (38), 425 (33)1
    All 57 form types

    SC 13G (32), CORRESP (31), UPLOAD (30), DEFA14A (29), SC 13D/A (27), 10-K (23), DEF 14A (23), 144 (17), 424B3 (15), ARS (12), 424B7 (9), 8-K/A (9), EFFECT (9), S-11/A (9), 10-Q/A (7), 13F-HR/A (7), 3/A (7), S-3 (7), S-4/A (6), SC TO-I/A (6), SCHEDULE 13D/A (6), 10-K/A (5), S-3/A (5), SC 13D (4), 8-A12B (3), DEFM14A (3), DEFR14A (3), N-PX (3), NT 10-Q (3), POS AM (3), S-4 (3), S-8 (3), SCHEDULE 13G/A (3), 25-NSE (2), 424B4 (2), 424B5 (2), CERTNYS (2), FWP (2), PREM14A (2), S-11 (2), S-8 POS (2), SC TO-I (2), 305B2 (1), 5 (1), 8-A12B/A (1), CERT (1), NT 10-K (1), RW (1), S-3ASR (1)

  • Latest filingsAnnual report (10-K) Feb 13, 2026
    Quarterly report (10-Q) Jul 24, 2026
    Proxy statement (DEF 14A) Apr 30, 2026
    Latest 8-K (8-K) Jul 24, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.01 per shareHTH

From the cover page of the 10-K filed Feb 13, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks Hilltop Holdings Inc. names in Item 1A of its 10-K filed Feb 13, 2026: 49 risks under these headings, as written.4

  • Risks Related to our Business
  • Our allowances for credit losses for loans and debt securities may prove inadequate or we may be negatively affected by credit risk exposures. Also, future additions to our allowance for credit losses will reduce our future earnings.
  • Adverse developments affecting the financial services industry, such as bank failures or concerns involving liquidity, may have a material effect on the Company’s operations.
  • Our operational systems and networks have been, and will continue to be, subject to an increasing risk of continually evolving cybersecurity or other technological risks, which could result in a loss of customer business, financial liability, regulatory penalties, damage to our reputation or the disclosure of confidential information.
  • Our banking segment is subject to risk arising from conditions in the commercial real estate market and may be adversely affected by weaknesses in the commercial real estate market.
  • Our business and results of operations may be adversely affected by unpredictable economic, market and business conditions.
  • Inflationary pressures and rising prices may affect our results of operations and financial condition.
  • Our mortgage origination business is subject to fluctuations based upon seasonal and other factors and, as a result, our results of operations for any given quarter may not be indicative of the results that may be achieved for the full fiscal year.
  • We are heavily reliant on technology, and a failure to effectively implement new technological solutions or enhancements to existing systems or platforms could adversely affect our business operations and the financial results of our operations.
  • Our geographic concentration may magnify the adverse effects and consequences of any regional or local economic downturn.
  • An adverse change in real estate market values may result in losses in our banking segment and otherwise adversely affect our profitability.
  • Our risk management processes may not fully identify and mitigate exposure to the various risks that we face, including interest rate, credit, liquidity and market risk.
The other 38 risks
  • Our hedging strategies may not be successful in mitigating our exposure to interest rate risk.
  • Our bank lending, margin lending, stock lending, securities trading and execution and mortgage purchase businesses are all subject to credit risk.
  • We depend on our computer and communications systems and an interruption in service would negatively affect our business.
  • Climate change and certain regulations and responses thereto could adversely affect our business and performance, including indirectly through impacts on our customers.
  • We are heavily dependent on dividends from our subsidiaries.
  • Our broker-dealer business is subject to various risks associated with the securities industry.
  • Market fluctuations could adversely impact our broker-dealer business.
  • Our investment advisory business may be affected if our investment products perform poorly.
  • Our existing correspondents may choose to perform their own clearing services or move their clearing business to one of our competitors or exit the business.
  • Several of our broker-dealer segment’s product lines rely on favorable tax treatment, and changes in federal tax law could impact the attractiveness of these products to our customers.
  • Our mortgage origination segment is subject to investment risk on loans that it originates.
  • If we fail to develop, implement and maintain an effective system of internal control over financial reporting, the accuracy and timing of our financial reporting in future periods may be adversely affected.
  • We ultimately may write-off goodwill and other intangible assets resulting from business combinations.
  • The value of our mortgage servicing rights portfolio fluctuates due to changes in interest rates, which may increase the volatility of our earnings.
  • The accuracy of our financial statements and related disclosures could be affected if we are exposed to actual conditions different from the judgments, assumptions or estimates used in our critical accounting estimates.
  • We are dependent on our management team, and the loss of members of our existing management team or other key employees could impair our relationship with customers and adversely affect our business and financial results.
  • A decline in the market for municipal advisory services could adversely affect our business and results of operations.
  • We are subject to losses due to fraudulent and negligent acts.
  • Negative publicity regarding us, or financial institutions in general, could damage our reputation and adversely impact our business and results of operations.
  • We are subject to legal claims and litigation, including potential securities law liabilities, any of which could have a material adverse effect on our business.
  • Because we may use a substantial portion of our remaining excess capital to make acquisitions or effect a business combination, we may become subject to risks inherent in pursuing and completing any such acquisitions or business combination.
  • We may be subject to environmental liabilities in connection with the foreclosure on real estate assets securing the loan portfolio of our banking segment.
  • Risks Related to Our Indebtedness
  • Our indebtedness may affect our ability to operate our business and may have a material adverse effect on our financial condition and results of operations. We may incur additional indebtedness, including secured indebtedness.
  • We may not be able to generate sufficient cash to service all of our indebtedness, including the 2035 Subordinated Notes, and may be forced to take other actions to satisfy our obligations under our indebtedness that may not be successful.
  • A reduction in our credit rating could adversely affect us or the holders of our securities.
  • The indenture governing the 2035 Subordinated Notes contain, and any instruments governing future indebtedness would likely contain, restrictions that limit our flexibility in operating our business.
  • Risks Related to our Industry
  • The soundness of other financial institutions could adversely affect our business.
  • We face strong competition from other financial institutions and financial service companies, which may adversely affect our operations and financial condition.
  • Legal and Regulatory Risks
  • Acquisitions may be delayed, impeded, or prohibited due to regulatory issues.
  • We are subject to extensive supervision and regulation that could restrict our activities and impose financial requirements or limitations on the conduct of our business and limit our ability to generate income.
  • We may be subject to more stringent capital requirements in the future.
  • The CFPB has issued “ability-to-repay” and “qualified mortgage” rules that may have a negative impact on our loan origination process and foreclosure proceedings, which could adversely affect our business, operating results, and financial condition.
  • Risks Related to Our Common Stock
  • We may issue shares of preferred stock or additional shares of common stock to complete an acquisition or effect a combination or under an employee incentive plan after consummation of an acquisition or business combination, which would dilute the interests of our stockholders and likely present other risks.
  • Our common stock price may experience substantial volatility, which may affect your ability to sell our common stock at an advantageous price.
  • Existing circumstances may result in several of our directors having interests that may conflict with our interests.
  • Our rights and the rights of our stockholders to take action against our directors and officers are limited.
  • Our charter and bylaws contain provisions that could discourage acquisition bids or merger proposals, which may adversely affect the market price of our common stock.
  • There can be no assurance that we will continue to declare cash dividends or repurchase stock.

Legal proceedings

For a description of material pending legal proceedings, see the discussion set forth under the heading “Legal Matters” in Note 18 to our Consolidated Financial Statements, which is incorporated by reference herein.

The opening of Item 3, Legal Proceedings.4

Sources

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