Hilltop Holdings: Q4 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Hilltop Holdings Inc. (HTH) on Thursday reported fourth-quarter net income of $41.6 million.
The Dallas-based bank said it had earnings of 69 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
The insurance holding compnay posted revenue of $411.2 million in the period. Its revenue net of interest expense was $329.9 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $302.8 million.
For the year, the company reported profit of $165.6 million, or $2.64 per share. Revenue was reported as $1.28 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTH at https://www.zacks.com/ap/HTH
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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