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Hilltop Holdings (Hilltop Holdings) Return-on-Tangible-Equity : 6.30% (As of Mar. 2024)


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What is Hilltop Holdings Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hilltop Holdings's annualized net income for the quarter that ended in Mar. 2024 was $111 Mil. Hilltop Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $1,756 Mil. Therefore, Hilltop Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 6.30%.

The historical rank and industry rank for Hilltop Holdings's Return-on-Tangible-Equity or its related term are showing as below:

HTH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.94   Med: 10.13   Max: 24.57
Current: 6.5

During the past 13 years, Hilltop Holdings's highest Return-on-Tangible-Equity was 24.57%. The lowest was 5.94%. And the median was 10.13%.

HTH's Return-on-Tangible-Equity is ranked worse than
73.86% of 1450 companies
in the Banks industry
Industry Median: 10.905 vs HTH: 6.50

Hilltop Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Hilltop Holdings's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hilltop Holdings Return-on-Tangible-Equity Chart

Hilltop Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.36 24.57 18.51 5.94 6.44

Hilltop Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.19 4.31 8.74 6.65 6.30

Competitive Comparison of Hilltop Holdings's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Hilltop Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hilltop Holdings's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hilltop Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hilltop Holdings's Return-on-Tangible-Equity falls into.



Hilltop Holdings Return-on-Tangible-Equity Calculation

Hilltop Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=109.646/( (1657.335+1750.401 )/ 2 )
=109.646/1703.868
=6.44 %

Hilltop Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=110.672/( (1750.401+1760.883)/ 2 )
=110.672/1755.642
=6.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hilltop Holdings  (NYSE:HTH) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Hilltop Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Hilltop Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Hilltop Holdings (Hilltop Holdings) Business Description

Traded in Other Exchanges
Address
6565 Hillcrest Avenue, Dallas, TX, USA, 75205
Hilltop Holdings Inc is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices throughout Texas through PlainsCapital Bank. Hilltop's broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc. provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. Its business units are comprised of three reportable business segments such as banking, broker-dealer, and mortgage origination. The company generates revenue from banking activities. Hilltop operated around 410 locations in 47 states.
Executives
Keith E. Bornemann officer: Principal Accounting Officer 3322 WEST END AVENUE, NASHVILLE TN 37203
Nichols W Robert Iii director 200 CRESCENT COURT, SUITE 1330, DALLAS TX 75201
Hill A Feinberg director, officer: CEO First Southwest Holdings 3131 MAPLE AVENUE #14-E, DALLAS TX 75201-1206
Jerry Schaffner officer: Pres & CEO, PlainsCapital Bank C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Martin Bradley Winges officer: Hilltop Securities CEO 800 NICOLLET MALL, MINNEAPOLIS MN MN
Lee Lewis director C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Tom C Nichols director 4500 MERCANTILE PLAZA DRIVE, SUITE 300, FORT WORTH TX 76137
Darren E Parmenter officer: Vice President - Finance 200 CRESCENT COURT, SUITE 1330, DALLAS TX 75201
Jonathan S Sobel director, officer: Hilltop Securities Chairman C/O GOLDMAN SACHS, 85 BROAD STREET, NEW YORK NY 10004
Alan B White director, officer: CEO, PlainsCapital Corp. C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Gerald J Ford director 200 CRESCENT CT STE 1350, DALLAS TX 75201
Diamond Hth Stock Co Gp, Llc 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Turtle Creek Revocable Trust 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Diamond Hth Stock Company, Lp 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Charles Clifton Robinson director 900 AUSTIN AVENUE, 12TH FLOOR, WACO TX 76701