Hilltop Holdings Inc. provides banking and financial products and services.
Flawless balance sheet and undervalued.
Share Price & News
How has Hilltop Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WXF has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WXF exceeded the German Banks industry which returned -17.9% over the past year.
Return vs Market: WXF underperformed the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is Hilltop Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Hilltop Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WXF (€15.7) is trading below our estimate of fair value (€22.97)
Significantly Below Fair Value: WXF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WXF is good value based on its PE Ratio (6.7x) compared to the Banks industry average (20.2x).
PE vs Market: WXF is good value based on its PE Ratio (6.7x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: WXF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WXF is good value based on its PB Ratio (0.7x) compared to the DE Banks industry average (0.8x).
How is Hilltop Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WXF's earnings are forecast to decline over the next 3 years (-13.3% per year).
Earnings vs Market: WXF's earnings are forecast to decline over the next 3 years (-13.3% per year).
High Growth Earnings: WXF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WXF's revenue is expected to decline over the next 3 years (-6.2% per year).
High Growth Revenue: WXF's revenue is forecast to decline over the next 3 years (-6.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WXF's Return on Equity is forecast to be low in 3 years time (6.9%).
How has Hilltop Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WXF has a high level of non-cash earnings.
Growing Profit Margin: WXF's current net profit margins (14.3%) are higher than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: WXF's earnings have declined by -0.3% per year over the past 5 years.
Accelerating Growth: WXF's earnings growth over the past year (82.4%) exceeds its 5-year average (-0.3% per year).
Earnings vs Industry: WXF earnings growth over the past year (82.4%) exceeded the Banks industry 4%.
Return on Equity
High ROE: WXF's Return on Equity (11.5%) is considered low.
How is Hilltop Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: WXF's Assets to Equity ratio (7.3x) is low.
Allowance for Bad Loans: WXF has a sufficient allowance for bad loans (122%).
Low Risk Liabilities: 73% of WXF's liabilities are made up of primarily low risk sources of funding.
Loan Level: WXF has an appropriate level of Loans to Assets ratio (46%).
Low Risk Deposits: WXF's Loans to Deposits ratio (73%) is appropriate.
Level of Bad Loans: WXF has an appropriate level of bad loans (1.2%).
What is Hilltop Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WXF's dividend (2.05%) is higher than the bottom 25% of dividend payers in the German market (1.27%).
High Dividend: WXF's dividend (2.05%) is low compared to the top 25% of dividend payers in the German market (3.83%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, WXF has been paying a dividend for less than 10 years.
Growing Dividend: WXF's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.7%), WXF's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WXF's dividends in 3 years are forecast to be well covered by earnings (18.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeremy Ford (45yo)
Mr. Jeremy Blue Ford serves as the Director at PlainsCapital Corporation. He has been Chairman of the Board at First Acceptance Corporation since November 2011. Oversees all holding company functional area ...
CEO Compensation Analysis
Compensation vs Market: Jeremy's total compensation ($USD3.69M) is above average for companies of similar size in the German market ($USD1.51M).
Compensation vs Earnings: Jeremy's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||3.83yrs||US$1.90m||0.046% $642.0k|
|Chairman of PrimeLending||9.5yrs||US$2.32m||0.042% $584.8k|
|President & CEO of Hilltop Securities Inc.||1.42yrs||US$5.80m||no data|
|Executive VP||2.33yrs||no data||no data|
|Executive VP||2.67yrs||no data||0.0052% $72.4k|
|Chief Information Officer||3.17yrs||no data||no data|
|Executive VP & Chief Administrative Officer||3.83yrs||US$802.11k||no data|
|Senior Vice President of Corporate Development||no data||no data||no data|
|Executive VP||12.5yrs||US$550.34k||0.084% $1.2m|
Experienced Management: WXF's management team is considered experienced (3.2 years average tenure).
|Independent Director||16.42yrs||US$69.00k||0.13% $1.8m|
|Chairman of the Board||12.92yrs||US$796.10k||17.41% $244.6m|
|Independent Director||14.75yrs||US$123.00k||0.042% $583.6k|
|Independent Director||14.67yrs||US$88.00k||0.14% $2.0m|
|Independent Director||7.67yrs||US$68.00k||0.023% $320.7k|
|Independent Director||15.08yrs||US$53.00k||0.028% $392.9k|
|Independent Director||12.25yrs||US$68.00k||0.018% $249.2k|
|Independent Director||7.67yrs||US$111.00k||0.035% $494.4k|
Experienced Board: WXF's board of directors are seasoned and experienced ( 13.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WXF insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hilltop Holdings Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Hilltop Holdings Inc.
- Ticker: WXF
- Exchange: DB
- Founded: 1998
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.582b
- Listing Market Cap: US$1.405b
- Shares outstanding: 90.21m
- Website: https://www.hilltop-holdings.com
Number of Employees
- Hilltop Holdings Inc.
- 2323 Victory Avenue
- Suite 1400
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WXF||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 2004|
|HTH||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Feb 2004|
Hilltop Holdings Inc. provides banking and financial products and services. The company operates in four segments: Banking, Broker-Dealer, Mortgage Origination, and Insurance. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance. This segment also provides treasury management, check cards, safe deposit boxes, online banking, bill pay, overdraft, and automated teller machine services; and estate planning, management and administration, investment portfolio management, employee benefit accounts, and individual retirement accounts. The Broker-Dealer segment advises on public finance; trades in and underwrites U.S. government and government agency bonds, corporate and municipal bonds, and structured products, as well as mortgage-backed, asset-backed, and commercial mortgage-backed securities; trades in equities and options; and provides asset and liability management advisory, structured asset and liability, commodity hedging advisory, equity trading, retail brokerage, clearing, and securities lending services. The Mortgage Origination segment offers mortgage, jumbo, Federal Housing Administration, Veterans Affairs, and United States Department of Agriculture loans. The Insurance segment provides personal product line comprising homeowners, dwelling fire, manufactured home, and flood policies. The company operates in Texas, California, Florida, Ohio, Arizona, South Carolina, Washington, Missouri, North Carolina, Maryland, and other states in the United States. Hilltop Holdings Inc. was founded in 1998 and is headquartered in Dallas, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 22:12|
|End of Day Share Price||2020/07/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.