Financial holding company Hilltop Holdings (NYSE:HTH) fell short of the market's revenue expectations in Q3 2026, with sales falling 6.5% year on year to $309.5 million. Its GAAP profit of $0.44 per share was 31.5% below analysts' consensus estimates.
Is now the time to buy Hilltop Holdings? Find out in our full research report .
Hilltop Holdings (HTH) Q3 2026 highlights:
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Net Interest Income:$122.4 million vs analyst estimates of $117.2 million (8.9% year-on-year growth, 4.4% beat)
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Net Interest Margin:3.3% vs analyst estimates of 3.2% (16.8 basis point beat)
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Revenue:$309.5 million vs analyst estimates of $320.5 million (6.5% year-on-year decline, 3.4% miss)
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EPS (GAAP):$0.44 vs analyst expectations of $0.64 (31.5% miss)
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Market Capitalization:$2.09 billion
"As 2026 draws to a close, we remain committed to providing exceptional service to our clients, executing on our strategic plans and creating long-term value for our stockholders."
Company overview
Transformed from a residential communities business to a financial services powerhouse in 2007, Hilltop Holdings (NYSE:HTH) is a Texas-based financial holding company that provides banking, broker-dealer, and mortgage origination services.
Sales growth
From lending activities to service fees, most banks build their revenue model around two income sources. Interest rate spreads between loans and deposits create the first stream, with the second coming from charges on everything from basic bank accounts to complex investment banking transactions. Hilltop Holdings struggled to consistently generate demand over the last five years as its revenue dropped at a 8.8% annual rate. This was below our standards and is a sign of poor business quality.
Long-term growth is the most important, but within financials, a half-decade historical view may miss recent interest rate changes and market returns. Hilltop Holdings's annualized revenue growth of 3.1% over the last two years is above its five-year trend, which is encouraging.
This quarter, Hilltop Holdings missed Wall Street's estimates and reported a rather uninspiring 6.5% year-on-year revenue decline, generating $309.5 million of revenue.
Net interest income made up 36% of the company's total revenue during the last five years, meaning Hilltop Holdings is well diversified and has a variety of income streams driving its overall growth. Nevertheless, net interest income is critical to analyze for banks because they're considered a higher-quality, more recurring revenue source by investors.
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Key takeaways from Hilltop Holdings's Q3 results
We were impressed by how significantly Hilltop Holdings blew past analysts' tangible book value per share expectations this quarter. We were also glad its net interest income outperformed Wall Street's estimates. On the other hand, its revenue missed and its EPS fell short of Wall Street's estimates. Overall, this quarter could have been better. The stock remained flat at $37.28 immediately following the results.
Is Hilltop Holdings an attractive investment opportunity right now? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free .
