Hilltop Holdings (NYSE:HTH) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$306.8m (down 1.9% from 3Q 2023).
- Net income: US$29.7m (down 20% from 3Q 2023).
- Profit margin: 9.7% (down from 12% in 3Q 2023).
- EPS: US$0.46 (down from US$0.57 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hilltop Holdings Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Banks industry in the US.
Performance of the American Banks industry.
The company's shares are down 5.8% from a week ago.
Risk Analysis
Be aware that Hilltop Holdings is showing 3 warning signs in our investment analysis and 1 of those is a bit unpleasant...
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Discover if Hilltop Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About NYSE:HTH
Flawless balance sheet second-rate dividend payer.
