secwatch.observer — SEC 8-K summary
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Issuer:     Hilltop Holdings Inc. (HTH)
CIK:        0001265131
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001558370-24-010192
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hilltop Holdings Q2 EPS $0.31 vs $0.28 YoY; non-accrual loans double to $105.7M
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- Net income to common stockholders $20.3M ($0.31 diluted EPS), up from $18.1M ($0.28) in Q2 2023.
- Non-accrual loans rose to $105.7M (1.12% of loans) from $64.7M (0.73%) at Mar 31, 2024.
- Provision for credit losses was $10.9M vs a $2.9M reversal in Q1 2024 and $14.8M in Q2 2023.
- Net interest margin improved to 2.90% from 2.85% in Q1 2024, but down from 3.03% a year ago.
- Board declared $0.17 quarterly dividend payable Aug 30, 2024; $9.9M spent on share buybacks in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1265131/000155837024010192/0001558370-24-010192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1265131/000155837024010192/hth-20240725x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010192

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