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Hilltop Holdings Inc - HTH STOCK NEWS

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) delivers essential financial services through its dual focus on Texas community operations and institutional investment solutions. This news hub provides investors with verified updates about both business segments, including banking developments at PlainsCapital Bank and market-moving announcements from Hilltop Securities.

Access timely reports on quarterly earnings, regulatory filings, leadership changes, and strategic initiatives. Our curated collection features SEC disclosures, merger/acquisition alerts, and analysis of operational milestones impacting HTH's mortgage origination and securities brokerage divisions.

Key updates include dividend declarations, asset portfolio changes, and service expansions across Texas markets. Bookmark this page for streamlined tracking of HTH's financial performance indicators and compliance-related developments in both banking and capital markets operations.

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PrimeLending announces the promotion of Amy Wirshing to Branch Manager at its Eagle, Idaho office. With 15 years in the mortgage industry, including 7 years as Production Manager at the Boise branch, she will oversee operations and guide a team of Loan Officers to meet customer mortgage needs in the Eagle and Boise areas. PrimeLending, part of Hilltop Holdings Inc. (NYSE: HTH), focuses on providing personalized home financing solutions and has maintained a 97% customer satisfaction rating.

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PrimeLending has promoted Michael Heeb to Area Manager for the Pacific Northwest, overseeing Alaska, Idaho, and Montana. With 20 years of mortgage experience, Heeb previously served as Branch Manager at the Eagle, ID branch. His leadership has been instrumental in driving growth in Idaho and Montana. PrimeLending, a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH), focuses on delivering exceptional customer service and has maintained a 97% customer satisfaction rating. The company provides personalized mortgage solutions nationwide.

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PrimeLending has announced the promotion of Matt Eckard to Area Manager for the Pacific Northwest region, overseeing Oregon and Washington. Eckard brings over 23 years of experience, previously serving as Branch Manager in the Portland area. Under his leadership, he will focus on supporting community mortgage needs, including purchase and refinance loans. Al Velasco, EVP West Division Manager, expressed confidence in Eckard’s ability to drive growth in this competitive market. PrimeLending aims to enhance homeownership opportunities throughout the region.

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PrimeLending, a national home lender and subsidiary of Hilltop Holdings (NYSE: HTH), has launched a 'Close On Time Guarantee' offer. Borrowers will receive $5,000 if their mortgage loan does not close as scheduled, aiming to enhance homebuyers' appeal in a market with a 2.2-month supply of available homes, far below the balanced level of six months. This initiative is part of their Buyer’s AdvantEDGE program, which helps streamline the mortgage process, boasting a 97% customer satisfaction rating.

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Hilltop Holdings Inc. (NYSE: HTH) has completed its modified "Dutch auction" tender offer, purchasing up to $400 million of its common stock for cash at a rate of $29.75 per share. A total of 14,868,469 shares were tendered and accepted, accounting for approximately 18.7% of the shares outstanding. The total cost for this buyback is around $442.3 million. Hilltop may consider further stock repurchases depending on market conditions. This tender offer underscores the Company's commitment to returning capital to shareholders.

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Hilltop Holdings Inc. (NYSE: HTH) announced the preliminary results of its modified Dutch auction tender offer to repurchase up to $400 million of its common stock. The offer, which expired on May 27, 2022, saw 14,876,179 shares tendered at a price of $29.75 per share, totaling approximately $442.6 million. This represents 18.7% of outstanding shares. Hilltop plans to purchase these shares subject to regulatory approval and may consider additional repurchases in the future based on market conditions.

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Hilltop Holdings has initiated a modified "Dutch auction" tender offer to repurchase up to $400 million of its common stock, at a share price between $28.00 and $32.00. The tender offer is set to expire on May 27, 2022, and if fully subscribed, could result in the purchase of approximately 12.5 million to 14.3 million shares, accounting for 15.7% to 18.0% of the outstanding stock. The board aims to enhance shareholder value through this initiative.

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Hilltop Holdings Inc. (NYSE: HTH) reported a net income of $22.3 million, or $0.28 per diluted share, for Q1 2022, down from $120.3 million, or $1.46 per share, in Q1 2021. The decline was driven by reduced net gains from mortgage origination and broker-dealer segments amid rising interest rates. Total mortgage origination volume fell to $3.8 billion from $6.2 billion year-over-year. Despite these challenges, Hilltop's total assets remained stable at $18.4 billion, and the company declared a cash dividend of $0.15 per share.

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PrimeLending announces the promotion of Kelly Lee to EVP, Divisional Manager, responsible for loan origination in the western US. Lee, who joined in 2014, previously led growth in the Pacific Northwest and established a presence in new markets like Alaska and Montana. With over 20 years in the mortgage sector, he has a strong background in talent development and strategic leadership. PrimeLending, a subsidiary of Hilltop Holdings Inc. (NYSE: HTH), focuses on personalized home lending experiences across all 50 states and boasts a 97% customer satisfaction rating.

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Hilltop Holdings Inc

NYSE:HTH

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1.86B
45.66M
29.17%
58.56%
1.66%
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