Why Hilltop Holdings Stock Slumped Today

Hilltop Holdings stock fell nearly 3% after releasing Q3 2026 earnings that significantly missed analyst expectations. Revenue declined 6% year-over-year to just under $310 million, while net income plummeted 46% to $24.9 million ($0.44 per share), falling short of consensus estimates of $320 million revenue and $0.64 EPS. The company attributed weakness to Federal Reserve interest rate hikes and volatile market conditions, particularly impacting its HilltopSecurities broker-dealer and PrimeLending mortgage businesses. Despite the disappointing quarter, Hilltop maintained its quarterly dividend at $0.22 per share and continued $20 million in stock repurchases.