Hilltop Holdings Results Presentation Deck slide image

Hilltop Holdings Results Presentation Deck

Hilltop Holdings – 2024 Outlook 17 Loan Growth (Full year average HFI loan growth) Deposit Growth (Full year average deposit growth) Net Interest Income Noninterest Income Noninterest Expense Provision Expense / (Reversal) Effective Tax Rate (GAAP) ● ● ● ● ● • NII decline of 3 - 7% driven by higher average deposits costs in 2024 (including broker dealer sweep deposits) Outlook assumes Fed Funds rates remain stable until the fourth quarter (market dependent) ● ● ● ● ● Outlook Full year average bank loan growth 0% -2% (before retained mortgages from PrimeLending and mortgage warehouse lending) Expect to retain $0 – $20 million per month of mortgages from PrimeLending Expecting decline of 0% - 5% driven by elevated market pricing and competition (excluding Brokered Deposit and broker dealer sweep deposits) Migration of NIB deposits expected to continue into IB products Expecting NIB to comprise 26 – 29% of total Deposits at year-end 2024 Mortgage gain on sale margins remain pressured - full year average 175 - 195 bps (third party sales) Mortgage origination volume $8 - $10 billion Broker Dealer fees decrease 0% - 5% Non-variable expenses decline 1% - 3% Variable expenses to follow revenue contribution from fee businesses Full year provision / avg loans HFI: 20 - 40 basis points 22 - 24% full year basis Hilltop Holdings.
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