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Wednesday, February 24, 2021

Hilltop Holdings: 4Q Earnings Snapshot

DALLAS (AP) _ Hilltop Holdings Inc. (HTH) on Thursday reported fourth-quarter profit of $116.4 million.

The bank, based in Dallas, said it had earnings of $1.35 per share. Earnings, adjusted to account for discontinued operations, came to $1.30 per share.

The insurance holding compnay posted revenue of $584.8 million in the period. Its revenue net of interest expense was $555.3 million, which topped Street forecasts.

For the year, the company reported profit of $447.8 million, or $5.01 per share. Revenue was reported as $2.11 billion.

Hilltop Holdings shares have increased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.08, a rise of 29% in the last 12 months.

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