Jordan Gantt's questions to Hilltop Holdings Inc (HTH) leadership • Q2 2025
Question
Jordan Gantt of Stephens Inc. asked about the company's appetite for future share repurchases and its view on the M&A environment. He also requested more detail on the drivers of improvement in classified loans and inquired whether the outflow of higher-cost deposits is expected to continue.
Answer
CEO Jeremy Ford stated the company intends to utilize its newly increased $135 million share repurchase authorization for 2025. On M&A, he expects continued activity and noted Hilltop would likely favor cash deals. CFO William Furr explained that the reduction in classified loans was primarily driven by paydowns and refinances. Regarding deposits, Furr clarified the recent outflows were seasonal and that the company expects to recapture a large portion of these balances in the second half of the year.