Hilltop Holdings Inc. (HTH) Stock Price & How to Invest

Hilltop Holdings Inc. is a diversified financial holding company headquartered in Dallas, Texas, operating through three segments: Banking (PlainsCapital Bank, which provides business and consumer banking, wealth management, and lending across Texas), Broker-Dealer (HilltopSecurities, covering public finance, capital markets, retail, structured finance, clearing, and securities lending), and Mortgage Origination (PrimeLending, a national home-loan originator). The mix means Hilltop earns spread income from its bank balance sheet plus fee and trading revenue from its securities and mortgage businesses, giving it more diversification than a pure community bank but also more exposure to capital-markets and housing cycles.

The investment picture is one of a well-capitalized, Texas-anchored financial trading at a modest valuation, with earnings that swing with interest rates, municipal-bond activity, and mortgage volumes. Recent results showed solid bank profitability and a strong rebound in fixed-income and public-finance revenue at HilltopSecurities, partly offset by continued pressure in the PrimeLending mortgage segment from affordability and rate lock-in. Hilltop carries a high capital ratio and has been returning cash through dividends and share buybacks, but its earnings are more variable than a plain-vanilla bank because of the broker-dealer and mortgage components.

As a bank, Hilltop is exposed to credit losses if Texas commercial real estate or business loans deteriorate, and to net-interest-margin compression when rates move against it. The broker-dealer's public-finance and fixed-income revenue can fall sharply if municipal issuance or trading activity slows, and PrimeLending remains pressured by weak mortgage demand and could stay unprofitable in a high-rate environment. Geographic concentration in Texas amplifies exposure to that state's economy and real estate cycle. The combined bank, broker-dealer, and mortgage structure makes earnings more variable and harder to forecast than a single-line bank.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Hilltop Holdings Inc.'s investor relations page or your broker.

• Market cap: ~$2.3B
• Revenue (TTM, net): ~$1.2B
• Diluted EPS (TTM): ~$2.63
• P/E (TTM): ~14.8x
• Tangible book value/share: ~$32
• Forward dividend yield: ~1.9%

Hilltop trades around $39 per share with a market cap near $2.3 billion and a trailing P/E of roughly 15, close to tangible book value per share of about $32. The valuation reflects a diversified financial with strong capital (CET1 near 19%) but more earnings variability than a simple bank. First-quarter 2026 net income was about $38 million, or $0.64 per diluted share.

There are three common ways to get HTH exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so HTH sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where HTH fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

HTH is a Texas regional bank wrapped around a broker-dealer and a mortgage arm, a diversified but rate- and cycle-sensitive financial with a strong capital position and modest valuation.

Whether HTH is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is HTH a buy?, and where the stock could go from here in the HTH stock forecast.

For income investors, whether HTH pays a dividend and how the payout looks is covered in does HTH pay a dividend?