Hilltop Holdings (HTH) Misses Q3 EPS by 15c

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Hilltop Holdings Inc. Announces Financial Results for Third Quarter 2017

October 26, 2017 5:05 PM EDT

DALLAS--(BUSINESS WIRE)-- Hilltop Holdings Inc. (NYSE: HTH) (Hilltop) today announced financial results for the third quarter of 2017. Hilltop produced income of $30.2 million, or $0.31 per diluted share, for the third quarter of 2017, compared to $51.9 million, or $0.53 per diluted share, for the third quarter of 2016. Hilltops annualized return on average assets and return on average equity for the third quarter of 2017 were 0.90% and 6.32%, respectively, compared to 1.69% and 11.41%, respectively, for the third quarter of 2016. During August and September 2017, Hurricanes Harvey and Irma affected both Hilltop and its customers. The estimated pre-tax earnings impact from these... More