secwatch.observer — SEC 8-K summary
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Issuer:     Hilltop Holdings Inc. (HTH)
CIK:        0001265131
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001558370-24-000544
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hilltop Holdings Q4 EPS $0.44 vs $0.39 YoY; dividend raised 6% to $0.17; authorizes $75M buyback
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- Q4 net income $28.7M ($0.44 diluted EPS) vs $25.6M ($0.39) in Q4 2022; full year $109.6M ($1.69) vs $113.1M ($1.60).
- Board declared $0.17 quarterly dividend, a 6% increase from $0.16, payable Feb 28 to holders of record Feb 12.
- Board authorized new $75M stock repurchase program through Jan 2025; repurchased $5.1M in shares during 2023.
- Non-performing loans rose to $68.3M (0.76% of total loans) from $31.5M (0.34%) due to a single $33.3M hotel/motel credit.
- Mortgage origination segment posted a pretax loss of $15.9M in Q4; loan origination volume $1.8B, down from $2.0B YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1265131/000155837024000544/0001558370-24-000544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1265131/000155837024000544/hth-20240125x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000544

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