Hilltop Holdings IncQ2 net income of $36.5M, dividend increase, and share repurchase authorization boost.

Hilltop reported second-quarter 2026 net income attributable to common stockholders of $36.5 million, or $0.63 per diluted share, as growth at its banking and broker-dealer operations offset continued pressure in mortgage banking. PlainsCapital Bank generated $51 million in pretax income with a net interest margin of 3.42%, while HilltopSecurities posted $12 million in pretax income on net revenue of $124 million, a 13% increase from a year earlier. PrimeLending recorded a $2 million pretax loss amid a difficult mortgage market, though the company has reduced its fixed costs by about $10 million on an annualized basis. Consolidated net interest income rose 5% year over year to $116 million, and the company increased its full-year average loan growth forecast to a range of 5% to 7%, excluding mortgage warehouse lending and mortgages retained from PrimeLending. Hilltop returned $11.6 million to shareholders through dividends and repurchased $47 million in shares, while the board raised the quarterly dividend by 10% to $0.22 per share and added $75 million to the share repurchase authorization.
Hilltop Holdings IncQ2 net income of $36.5M, dividend increase, and share repurchase authorization boost.