earnings
confidence high
sentiment neutral
materiality 0.70
Hilltop Q1 net income $27.7M; declares $0.17 dividend, up from $0.16
Hilltop Holdings Inc.
2024-Q1 EPS reported
$0.42
- Q1 net income to common stockholders $27.7M ($0.42 diluted) vs $25.8M ($0.40) a year ago.
- Board declared $0.17 quarterly dividend, payable May 24, record May 10, up from $0.16 prior quarter.
- Reversal of credit losses of $2.9M vs provision of $2.3M in Q1 2023; net interest margin fell to 2.85%.
- Repurchased 320,042 shares for $9.9M under 2024 program; book value per share rose to $32.66.