Welcome to our dedicated page for HILLTOP HOLDINGS news (Ticker: HTH), a resource for investors and traders seeking the latest updates and insights on HILLTOP HOLDINGS stock.
Hilltop Holdings Inc. (HTH), based in Dallas, Texas, is a prominent financial holding company primarily engaged in offering a wide range of banking and financial services. Through its principal subsidiary, PlainsCapital Bank, Hilltop Holdings delivers comprehensive business and consumer banking services across numerous offices in Texas. The bank is well-regarded for its customer-centric approach, providing tailored financial solutions to meet the needs of both individuals and businesses.
In addition to traditional banking, Hilltop Holdings operates in other financial sectors through its broker-dealer and mortgage origination segments. PrimeLending, a national mortgage originator, is a significant part of Hilltop's operations, contributing robustly to the company’s revenue stream by offering a variety of mortgage products to its clients. This multi-faceted approach allows Hilltop Holdings to maintain a diversified revenue base and service portfolio.
Hilltop Holdings is committed to maintaining solid financial health, which is reflected in its consistent performance and strategic acquisitions aimed at enhancing its market position. The company’s strong partnerships and customer-oriented services have helped it build a reputable standing in the financial services industry.
Recent achievements include expanding its geographical footprint and continuously updating its product offerings to cater to evolving market demands. Hilltop Holdings ensures it stays at the forefront of the financial industry by leveraging technology and innovation to provide efficient and secure banking solutions.
The company's latest news and developments can be found on financial news platforms, reflecting its ongoing commitment to transparency and shareholder value.
Hilltop Holdings Inc. (HTH) reported strong financial results for Q1 2021, with income from continuing operations increasing to $120.3 million, or $1.46 per diluted share, up from $46.5 million or $0.51 per diluted share in Q1 2020. The rise was driven by a 73.3% increase in net gains from mortgage origination, totaling $310.2 million. The company declared a quarterly dividend of $0.12 per share and repurchased 149,878 shares at an average price of $33.01. However, COVID-19 continues to pose operational risks.
Hilltop Holdings Inc. (NYSE: HTH) will host a live webcast and conference call on April 23, 2021, at 8:00 AM Central. President and CEO Jeremy B. Ford, along with CFO William B. Furr, will discuss the company’s first quarter 2021 financial results. Interested parties can join the call by dialing 1-877-508-9457 domestically or 1-412-317-0789 internationally. Hilltop Holdings operates in the banking and financial services sector, employing approximately 4,980 individuals across 430 locations in 47 states.
Hilltop Securities Inc. has appointed Drew Henriques as senior vice president and co-head of municipal trading in its Fixed Income Capital Markets division in Phoenix, Arizona. Reporting to Todd Bleakney, Henriques brings 12 years of experience, previously serving at Citi and J.P. Morgan. His expertise in the high-yield municipal sector is expected to enhance the firm's growth and client services in this area. Hilltop Securities continues to strengthen its position as a leading municipal investment bank, focusing on tailored solutions for various clients.
Hilltop Securities Inc. has expanded its St. Paul office, adding eight professionals to its fixed income capital markets team in the past six months. The office, which opened in June 2020, now has 15 employees. Among the new hires are Managing Directors Richard Byrd, Todd Adams, Brooks Byrd, and new sales trainees Adam Anderson and Tyler Barnes. The firm aims to enhance its financial solutions offerings and continues to grow across the U.S., having added over 110 associates since last year.
Hilltop Securities Inc. has appointed Jeff Stewart as the new managing director and head of business development in its Wealth Management division. Stewart, who has over 20 years of experience in the financial industry, will be responsible for recruiting financial professionals for the firm’s Private Client Group and Momentum Independent Network. His previous roles include senior vice president at Tri-State Capital’s Private Bank and regional vice president for Columbia Management. HilltopSecurities aims to expand its retail wealth management channels under his leadership.
Hilltop Securities has appointed Brian Connery as director and municipal trader in its Fixed Income Capital Markets division, reporting to senior managing director Todd Bleakney. Connery, with 14 years of experience in municipal finance, joins from Morgan Stanley where he was vice president and high yield trader. His expertise includes financial modeling and trading of high yield securities. Connery aims to enhance HilltopSecurities' client services and expand its offerings as a leading municipal investment bank. He holds a finance degree from Georgetown University.
Hilltop Securities announced the addition of Brian Branigan as senior vice president of institutional sales in Memphis, Tennessee. With over 27 years of financial services experience, Branigan previously worked at SunTrust Robinson Humphrey and Cantor Fitzgerald, where he specialized in whole loan trading and established key trading desks. Senior Managing Director A.J. Maggio emphasized Branigan's skills would enhance service quality for clients in diverse sectors. Branigan expressed excitement about utilizing Hilltop Securities' resources to better serve clients.
HilltopSecurities has expanded its Eastern Region Public Finance team by adding five seasoned investment banking professionals across New York, Massachusetts, Georgia, and Florida. Senior Vice President David Orise, along with Vice Presidents Casey Fox and Sophie Jean, Analyst Alex Pope, and Regional Office Administrator Tricia Helenbolt, will be led by Senior Managing Director Ike Papadopoulos. This move aims to strengthen the firm's strategic growth in investment banking, leveraging decades of combined public finance experience to enhance client partnerships.
FAQ
What is the current stock price of HILLTOP HOLDINGS (HTH)?
What is the market cap of HILLTOP HOLDINGS (HTH)?
What is Hilltop Holdings Inc.?
What services does Hilltop Holdings Inc. offer?
Where is Hilltop Holdings Inc. headquartered?
Who are the primary subsidiaries of Hilltop Holdings Inc.?
How does Hilltop Holdings Inc. generate its revenue?
What recent achievements has Hilltop Holdings Inc. accomplished?
How does Hilltop Holdings Inc. ensure financial stability?
What role does technology play in Hilltop Holdings Inc.'s operations?
Where can I find the latest news about Hilltop Holdings Inc.?
What is the financial outlook for Hilltop Holdings Inc.?
