Hilltop Holdings reported quarterly total revenue just under $310 million, down 6% year over year, and GAAP net income down 46% to $24.9 million, or $0.44 per share, both well short of analyst consensus of just under $320 million and $0.64 EPS. The company called the quarter “volatile” and cited the Federal Reserve’s recent rate hike and the broader rate environment. It declared a quarterly dividend of $0.22 per share, matching the prior one, and spent $20 million on buybacks, with about $86 million left under its authorization through year-end. The shares closed down nearly 3% on Thursday, and the article flagged clear weakness at the HilltopSecurities broker-dealer and PrimeLending mortgage units.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
earningsinterest ratesdividendsbrokerages
Open a keyword to see other news on the same topic.
Related news
- Interactive Brokers (IBKR) Q3 2026 Earnings Call Transcript
Interactive Brokers reported GAAP diluted EPS of $0.69, up 17%, and net revenues of $1.91 billion, up 16%, with a 78% pretax margin. Customer accounts rose 35% to 5.58 million, and customer margin loans climbed 36% to $105.2 billion, lifting net interest income to $1.15 billion. Stock share volume fell 24% to 90.2 billion shares as clients traded less and shifted toward larger, higher-quality equities. The company raised its annual dividend from $0.35 to $0.60 per share and launched autonomous AI trading, while CFO Milan Galik acknowledged that doing business in Japan is difficult.
- Charles Schwab Earnings : Higher Interest Rates Slightly Overshadow Otherwise Stellar Quarter
Charles Schwab reported third-quarter revenue of $7.2 billion, up 17% year over year, and adjusted diluted earnings per share of $1.69, up 29%, as it advances initiatives from its 2026 investor day. Core net new assets were $190.4 billion (5.8% annualized), while bank loans grew 35% and pledged asset lines grew 59%. Client cash fell 10 basis points to 8.9% of assets, a level the analyst considers expected given higher short-term rates and strong equity markets. Schwab added about $5.5 billion in pricier short-term borrowing and long-term debt, lifting net interest margin only slightly to 3.04% and modestly diluting margins and returns. The analyst plans to lower the $124 fair value estimate by a low-single-digit percentage, citing a modest revenue miss and a prudent balance sheet move behind the tepid share reaction.
- Can Robust Trading, Higher NIR Support Schwab's Q3 Earnings?
Charles Schwab (SCHW) is scheduled to report third-quarter 2026 earnings before the market opens on October 15, with both earnings and revenue expected to rise year over year. The company beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average beat of 4.16%. Trading revenue is expected to reach $1.18 billion, up 18.2%, driven by elevated market volatility and strong client activity. Net interest revenue is estimated at $3.57 billion, up 17%, supported by loan growth, while asset management and administration fees are pegged at $1.89 billion, up 13.2%. Operating expenses are likely to have risen on regulatory spending, acquisitions and branch expansion.
- VPBankS Finalizes 45% Bonus Share Plan, Lifting Charter Capital Past USD 1 Billion
VPBankS has sought shareholder approval for a bonus share issuance at a 45% ratio, funded from share premium as of 31 December 2025. Shareholders holding 100 shares would receive 45 new shares, with 843.75 million shares issued at a total par value of VND 8,437.5 billion. If approved, charter capital would rise from VND 18,750 billion to VND 27,187.5 billion, more than USD 1 billion. The company says the move supports business expansion and strengthens the capital base across the VPBank ecosystem, after charter capital grew from nearly VND 270 billion to VND 15,000 billion in its first year within VPBank. By the end of Q3/2026, total assets exceeded VND 83,000 billion, up 14.1%, while margin lending and advances reached nearly VND 40,000 billion, up 17%, and pre-tax profit for nine months was VND 3,516 billion, up 8%.
- SHS issues two consecutive bond lots within 3 days
SHS reported to HNX two consecutive bond offerings: SHSL12603 (1,230 bonds, VND 123 billion, 6 October 2026) and SHSL12604 (3,390 bonds, VND 339 billion, 9 October 2026). Both are one-year, non-convertible, unsecured bonds with a face value of VND 100 million and a fixed 10.5% annual coupon. SHS's fourth private placement plan for 2026 covers 4,000 bonds (VND 400 billion), intended to restructure debts maturing in October 2026. HNX data also shows two other outstanding lots, SHS12601 (VND 119 billion) and SHSL12602 (VND 456 billion). SHS will also pay a 2025 cash dividend of VND 500 per share (5% of face value), nearly VND 450 billion in total, on 16 October, and issue 45 million bonus shares at a 100:5 ratio, lifting charter capital from VND 8,994 billion to VND 9,444 billion.
- Why Do Many Brokerages Rate Masan Consumer Positively?
Vietcap, Mirae Asset, Yuanta and TCBS all view Masan Consumer's (HOSE: MCH) business platform positively, citing brand strength, distribution network, and profit and cash flow generation. According to TCBS, five of the company's brands each generate over USD 100 million in annual revenue, contributing about 70% of revenue and 80% of gross profit. Mirae Asset says active outlets rose from about 230,000 to 550,000 in Q2 2026, while Yuanta reports traditional-channel revenue up 10.6%. In H1 2026, revenue reached VND 15,637 billion (up 13.6%) and net profit after tax about VND 3,284 billion (up 10.9%), and Vietcap forecasts full-year 2026 revenue of about VND 34,593 billion. From 2017 to 2025, the company paid about VND 46,000 billion in cash dividends, and the key challenge is funding new products while maintaining payouts.
Related markets
Latest news
- Prediction: $5,000 in Costco Stock Will Trail the Market Through 2030
The author estimates $5,000 in Costco stock could grow to about $6,350 by the end of 2030, while the same amount in an S&P 500 index fund might reach about $7,450. The forecast assumes earnings per share grow about 11% a year to roughly $31.30 in fiscal 2030 and a price-to-earnings ratio of 40 times by the end of 2030, down from about 49 times today. The author notes membership fee income growth has slowed to about 7% by the fiscal fourth quarter, after the fee hike that took effect Sept. 1, 2024. The author still considers Costco one of the best retailers to own for the long run but does not expect the stock to beat an index fund from current levels.
- Can You Make Money Off SiTime Stock Now?
SiTime (SITM) stock has fallen 34.9% since October 6, 2026, closing October 22 at $462.72. Of 8 drops of more than 30% within 6 weeks since November 2019, 5 of the 7 that can be judged left the stock higher a year later, with a median $10,000 investment worth about $11,800, while both losing outcomes came in 2022. Revenue reached $468 million over the four quarters to June 2026, up 83.0%, but the operating margin was only 0.188% versus 18.5% for the S&P 500, and the stock traded at 26.2 times sales against 3.1 times for the index. SiTime closed its acquisition of Renesas' timing business on July 1, partly funded by $1.35 billion of convertible notes, and guided September-quarter revenue to $285 million to $295 million, with about $85 million from the acquired business.
- Turmoil hits AI build-out as neoclouds face pressure, credit risks mount and Solidigm pulls IPO
Neocloud shares CoreWeave, Nebius and IREN fell sharply this week, with October losses each well over 30%, while CoreWeave's CDS spreads widened past 11%, a level generally viewed as distressed. Meta posted negative free cash flow of over $2 billion in Q3 and raised the floor of its full-year capex to $135 billion from $130 billion, pushing its five-year CDS to an all-time high of over 124 basis points. CDS on Nvidia and Oracle also hit records at 126 and 343 basis points, and Oracle's stock has lost over one-third of its value this year and faces risks of a credit rating downgrade. SK Hynix pulled the planned IPO of its Solidigm unit, citing market volatility, while Gartner predicts 80% of neocloud companies will cease operations or be absorbed by 2030. Mega-caps have kept their investment-grade ratings, but the market is showing jitters.
- S&P 500, Dow Drop As Elevated Oil Prices Stoke Inflation Fears Ahead Of Fed Meeting Next Week — AAPL, AXP, CART, UBER In Focus
The S&P 500 fell 0.5% and the Dow Jones Industrial Average dropped 1.2% on Friday as oil prices surged amid resurfacing geopolitical concerns, raising inflation and rate-hike worries ahead of the Federal Reserve's meeting next week. West Texas Intermediate rose 3.8% to $103.27 a barrel and Brent gained 3.1% to $116.72, its highest settlement since April, after reports the U.S. and Israel could be preparing fresh strikes on Iran. Market participants were betting on a 91% probability that the Fed will leave rates unchanged. Tech stocks retreated as investors weighed how surging corporate debt and elevated interest rates might affect AI-focused companies, while the Nasdaq 100 was flat. Elsewhere, Instacart (CART) is exploring a potential sale, American Express plans to cut about 5% of its global workforce, and Apple hit record highs after selling out its limited in-store iPhone Duo inventory.
- Neoclouds secure record funds as Nvidia’s Huang says more investment required
Venture investors put $6.6 billion into 58 AI neocloud deals so far this year, according to PitchBook data, more money and deals than any prior year and 51% above last year’s total of $4.4 billion. Neoclouds are companies that sell remote access to GPUs for AI workloads. In an interview with CNBC, Nvidia CEO Jensen Huang said demand for neoclouds is “off the chart” and that more investment is still needed.
- Moody's holds steady on France's credit rating as country grapples with turmoil and higher yields
Moody's kept its credit rating on France at Aa3, which it still considers "high grade," but maintained the negative outlook on the country. The decision came as France, the euro zone's second-largest economy, faced a week of civil unrest and rising political risk. France's 10-year bond yield surpassed 5% this week for the first time since 2002, and investors had been awaiting the rating decision.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.