DALLAS (AP) — DALLAS (AP) — Hilltop Holdings Inc. (HTH) on Thursday reported fourth-quarter earnings of $35.5 million.
The bank, based in Dallas, said it had earnings of 55 cents per share.
The results surpassed 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 $404.2 million in the period. Its revenue net of interest expense was $301.1 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $284.4 million.
For the year, the company reported profit of $113.2 million, or $1.74 per share. Revenue was reported as $1.19 billion.
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