Hilltop Holdings Inc. (NYSE: HTH)

Hilltop Holdings Inc. is a diversified financial holding company that provides banking, broker dealer, and mortgage origination services primarily in Texas and across the United States. It operates in the financial services industry.

The company generates revenue from interest income on loans and deposits, fees from wealth management and broker dealer services, and gains from mortgage loan origination and sale. Its customer base includes commercial enterprises, individual consumers, institutional clients and homebuyers.

The company operates through the following segments: banking, broker dealer, and mortgage origination.

• The banking segment includes the operations of the Bank providing traditional banking services such as commercial and industrial loans, commercial real estate loans, construction loans, residential mortgage loans, treasury management, private banking and investment management to businesses and individuals primarily in Texas.

• The broker dealer segment includes Hilltop Securities and Momentum Independent Network offering public finance services, structured finance, fixed income services, and wealth management which comprises retail brokerage, clearing services and securities lending to institutional and retail clients across the United States.

• The mortgage origination segment operates through PrimeLending originating residential mortgage loans via retail channel and affiliated business arrangements, selling loans in the secondary market, providing loan processing underwriting and closing services to borrowers nationwide.

Hilltop Holdings Inc. holds a solid position among regional financial providers in Texas with competitive advantages in relationship based service, diversified product lines, and strong capital adequacy ratios that exceed regulatory requirements. It competes with larger national banks, regional financial institutions and growing fintech companies while leveraging its local market knowledge and broad service portfolio.

The company serves businesses and individuals including real estate developers, healthcare institutions, agribusiness, energy companies, municipal entities, retail investors, and homebuyers across the United States.