Hilltop Holdings Inc. filed a Current Report on Form 8-K on October 22, 2026, to furnish its Third Quarter 2026 Earnings Presentation. The filing details the company's financial performance for the quarter ended September 30, 2026, and outlines capital management activities.
The presentation highlights that PlainsCapital Bank generated $44.1 million in pre-tax income during the third quarter. The bank's net interest margin increased to 3.49%, up 7 basis points from the prior quarter and 26 basis points from the same period in 2025. Bank loans held for investment (HFI) increased by $150 million, or 1.8%, to $8.4 billion, while deposits increased by $503 million, or 4.7%, to $11.2 billion.
Conversely, the company's mortgage origination segment, PrimeLending, incurred a pre-tax loss of $10.8 million. The gain-on-sale of loans sold to third parties was 211 basis points, a decrease of 18 basis points from the prior quarter. Total net revenue for Q3 2026 was $116.6 million. Pre-tax margin declined to 5.9% from 18.3% in the prior year, attributed to negative impacts from Structured Finance and Fixed Income Trading Services due to interest rate and market volatility.
In terms of capital management, Hilltop returned approximately $32.6 million to stockholders during the quarter. This included $12.6 million in dividends and $20.0 million in share repurchases, which involved the purchase of 0.51 million shares. The company reported a diluted EPS of $0.44 for the quarter.
