DALLAS--(BUSINESS WIRE)--
Bank Director magazine’s recently published 2016 Bank Performance
Scorecard ranked Dallas-based Hilltop Holdings Inc. (NYSE: HTH) as the
second highest performing bank nationally among midsized banks between
$5 billion and $50 billion in assets. Hilltop Holdings earned the No. 1
spot for best performing midsize banks in the state of Texas. The Bank
Performance Scorecard is an annual ranking of the 300 largest publicly
traded banks and thrifts in the country.
The 2016 Scorecard was compiled from 2015 company financials provided by
S&P Global Market Intelligence (formerly SNL Financial LLC), a financial
research firm based in Charlottesville, Virginia. Rankings were based on
five key metrics measuring profitability, capitalization and asset
quality. Banks received a numerical score from highest to lowest in each
of the five metrics – return on average assets (ROAA), return on average
equity (ROAE), tangible common equity (TCE) ratio, nonperforming assets
(NPA) ratio and net charge offs (NCO) ratio. Banks with the lowest total
scores were ranked as highest performing.
According to Bank Director Editor-in-Chief Jack Milligan, banks
that rank high on the Bank Performance Scorecard typically do well in
all of the metrics rather than dominate just one or two categories.
“2015 was another exceptional year for Hilltop Holdings, and we are
pleased that it was recognized by a respected industry publication,”
said Jeremy Ford, president and CEO of Hilltop Holdings. “We are proud
of the fact we generated over $200 million in net income and an ROAE of
12.3%. Results were particularly strong at PlainsCapital Bank, which
produced healthy loan growth and a solid NIM while continuing to
maintain its credit standards. And, because of the sound results of
Hilltop in 2015, we are well-situated to pursue strategic M&A and
organic growth opportunities. We take pride in our recent
accomplishments and look forward to continued success for many years to
come.”
About Hilltop Holdings
Hilltop Holdings is a Dallas-based financial holding company. Through
its wholly owned subsidiary, PlainsCapital Corporation, a regional
commercial banking franchise, it has two operating subsidiaries:
PlainsCapital Bank and PrimeLending. Through its wholly owned
subsidiaries, Hilltop Securities Inc. and Hilltop Securities Independent
Network Inc., it provides a full complement of securities brokerage,
institutional and investment banking services in addition to clearing
services and retail financial advisory. Through Hilltop Holdings’ other
wholly owned subsidiary, National Lloyds Corporation, it provides
property and casualty insurance through two insurance companies,
National Lloyds Insurance Company and American Summit Insurance Company.
At June 30, 2016, Hilltop employed approximately 5,400 people and
operated approximately 450 locations in 44 states. Hilltop Holdings'
common stock is listed on the New York Stock Exchange under the symbol
"HTH." Find more information at Hilltop-Holdings.com,
PlainsCapital.com,
PrimeLending.com,
Nationallloydsinsurance.com
and HilltopSecurities.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160817005085/en/
for Hilltop Holdings
Jennifer Sterns, 214-252-4066
jennifer.sterns@plainscapital.com
Source: Hilltop Holdings Inc.