In comparison with Estimates, Hilltop Holdings (HTH) Q1 Earnings: A Have a look at Key Metrics

Date:

Hilltop Holdings (HTH) reported $285.24 million in income for the quarter ended March 2024, representing a year-over-year improve of 0.4%. EPS of $0.42 for a similar interval compares to $0.40 a yr in the past.

The reported income compares to the Zacks Consensus Estimate of $275.39 million, representing a shock of +3.58%. The corporate delivered an EPS shock of +50.00%, with the consensus EPS estimate being $0.28.

Whereas buyers intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.

Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s value efficiency.

Right here is how Hilltop Holdings carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Common Excellent Stability – Curiosity-earning belongings, gross: $14.59 billion in comparison with the $14.97 billion common estimate primarily based on three analysts.
  • Internet Curiosity Margin: 3% versus 3% estimated by three analysts on common.
  • Effectivity Ratio: 54.1% versus 89.1% estimated by two analysts on common.
  • Non-Performing Loans: $64.74 million versus $52.37 million estimated by two analysts on common.
  • Non-Performing Belongings: $70.46 million in comparison with the $58.89 million common estimate primarily based on two analysts.
  • Internet Curiosity Earnings (FTE): $104.20 million versus $110.48 million estimated by three analysts on common.
  • Internet Curiosity Earnings: $103.62 million versus $109.98 million estimated by three analysts on common.
  • Whole Noninterest Earnings: $181.62 million versus the three-analyst common estimate of $165.35 million.
  • Funding and securities advisory charges and commissions: $30.23 million in comparison with the $32.04 million common estimate primarily based on two analysts.
  • Mortgage mortgage origination charges: $26.44 million in comparison with the $31.16 million common estimate primarily based on two analysts.
  • Noninterest income- Different: $49.20 million versus $34.79 million estimated by two analysts on common.
  • Internet features from sale of loans and different mortgage manufacturing earnings: $40.20 million versus $34.85 million estimated by two analysts on common.

View all Key Company Metrics for Hilltop Holdings here>>>

Shares of Hilltop Holdings have returned -7% over the previous month versus the Zacks S&P 500 composite’s -1.7% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.

Zacks Names #1 Semiconductor Inventory

It is just one/9,000th the scale of NVIDIA which skyrocketed greater than +800% since we advisable it. NVIDIA remains to be robust, however our new high chip inventory has far more room to increase.

With robust earnings progress and an increasing buyer base, it is positioned to feed the rampant demand for Synthetic Intelligence, Machine Studying, and Web of Issues. International semiconductor manufacturing is projected to blow up from $452 billion in 2021 to $803 billion by 2028.

See This Stock Now for Free >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Hilltop Holdings Inc. (HTH) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

Share post:

Subscribe

Popular

More like this
Related