DALLAS--(BUSINESS WIRE)--
Hilltop Holdings Inc. (NYSE: HTH) is ranked No. 5 nationally in the
recent Forbes best banks listing of the Top 100 largest
publicly-traded banks and thrifts. Hilltop Holdings’ ranking increased
over last year, where it was listed at 18th.
The Forbes
Top 100 is compiled based on 10 metrics measuring asset quality,
capital adequacy, growth and profitability. The ranking is based on
performance over the previous 12 months, ending with the September 30,
2015, regulatory filing period.
Forbes noted the banking industry has largely recovered from the
financial crisis of 2007-08, but banks continue to deal with the
challenges of a low interest rate environment.
Jeremy B. Ford, president and CEO of Hilltop Holdings, attributes the
Company’s continued growth to its diverse yet complementary business
lines, experienced management teams, solid capital position and stable
operating performance.
“The ranking is a testament to the strength and stability of Hilltop
Holdings,” said Ford. “Our family of companies – PlainsCapital Bank,
Hilltop Securities Inc., PrimeLending and National Lloyds Corporation –
provide their customers with the best solutions to meet their financial
needs. The continued growth of our companies has enabled us to bring
sustained value to our shareholders. While we continue to operate in a
challenging banking environment, we remain true to our vision to be a
premier financial services holding company.”
Hilltop Holdings, with total assets of $12.4 billion, reported another
successful quarter on Sept. 30, 2015, with all operating segments
remaining profitable.
-Forbes is a leading business magazine covering topics
related to finance, investing, marketing and specific market sectors, as
well as technology, communications, science and law. The company’s web
site, Forbes.com, reaches more than 27 million unique visitors each
month.
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 December 31, 2015, Hilltop employed approximately 5,300 people and
operated approximately 400 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/20160223005168/en/
Hilltop Holdings Inc.
Isabell Novakov, 214-252-4029
inovakov@plainscapital.com
Source: Hilltop Holdings Inc.