DALLAS (AP) — DALLAS (AP) — Hilltop Holdings Inc. (HTH) on Thursday reported first-quarter profit of $27.7 million.
The Dallas-based bank said it had earnings of 42 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.
The insurance holding compnay posted revenue of $391.2 million in the period. Its revenue net of interest expense was $285.2 million, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $275.4 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTH at https://www.zacks.com/ap/HTH
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
