Filing Flows › Hilltop Holdings (HTH) › Q3 2026 › vs Q3 2025
Hilltop Holdings (HTH) Q3 2026 vs Q3 2025 (year over year)
Hilltop Holdings's revenue fell $20.7M (-6%) from $330M in Q3 2025 to $310M in Q3 2026. The biggest changes: Noninterest income −$30.7M (-14%); Net interest income +$10.0M (+9%). Operating margin 11.4% against 18.4% (-7.0 pts).
Hilltop Holdings, Q3 2026: revenue $310M (-6% year over year), operating margin 11.4%, net earnings $24.9M, operating cash flow $508M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 11.4% | 18.4% | -7.0 pts |
| Net margin | 8.0% | 13.9% | -5.8 pts |
| Free cash flow margin | 162.7% | 82.1% | +80.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $122M | $112M | $10.0M | +9% |
| Noninterest income | $187M | $218M | −$30.7M | -14% |
| Revenue | $310M | $330M | −$20.7M | -6% |
| Operating profit | $35.2M | $60.8M | −$25.6M | -42% |
| Costs & expenses | $274M | $269M | $4.9M | +2% |
| Pre-tax earnings | $35.2M | $60.8M | −$25.6M | -42% |
| Credit loss provision | $10.2M | −$2.5M | $12.7M | — |
| Noninterest expense | $264M | $272M | −$7.8M | -3% |
| Net earnings | $24.9M | $45.8M | −$20.9M | -46% |
| Minority interests | $1.4M | $856K | $568K | +66% |
| Income tax | $8.9M | $14.1M | −$5.2M | -37% |
| Depreciation & amortization | $1.6M | $3.7M | −$2.1M | -57% |
| Working capital & other | $481M | $223M | $258M | +115% |
| Operating cash flow | $508M | $273M | $235M | +86% |
| Free cash flow (OCF − capex) | $504M | $271M | $233M | +86% |
| Capital expenditures | $4.2M | $2.0M | $2.2M | +114% |
Questions
How much did Hilltop Holdings's revenue grow year over year in Q3 2026?
Hilltop Holdings's revenue fell $20.7M (-6%) from $330M in Q3 2025 to $310M in Q3 2026.
What drove Hilltop Holdings's revenue change in Q3 2026?
Noninterest income −$30.7M (-14%); Net interest income +$10.0M (+9%).