Hilltop Holdings Inc. (HTH)

Altus Power Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	601.3	622.29	614.2	460.62	465.98	484.67
Interest Income on Investments	208.31	214.1	224.18	130.5	63.99	61.82
Total Interest Income	809.61	836.39	838.38	591.12	529.97	546.5
Interest Paid on Deposits	255.16	275.29	223.18	50.41	23.62	47.04
Interest Paid on Borrowings	128.14	143.3	148.35	81.73	83.37	75.29
Total Interest Expense	383.29	418.59	371.53	132.14	106.99	122.33
Net Interest Income	426.32	417.8	466.85	458.98	422.98	424.17
Net Interest Income Growth (YoY)	-1.80%	-10.51%	1.71%	8.51%	-0.28%	-3.37%
Gain (Loss) on Sale of Investments	-	-	-	-	-0.1	0.2
Other Non-Interest Income	613.41	580.94	556.82	530.08	584.42	689.22
Total Non-Interest Income	802.01	770.96	728.97	832.46	1,410	1,690
Non-Interest Income Growth (YoY)	6.83%	5.76%	-12.43%	-40.97%	-16.57%	59.06%
Revenues Before Loan Losses	1,228	1,189	1,196	1,291	1,833	2,115
Provision for Loan Losses	-5.12	0.94	18.39	8.31	-58.21	96.49
Revenue	1,233	1,188	1,177	1,283	1,891	2,018
Revenue Growth (YoY)	4.92%	0.88%	-8.24%	-32.16%	-6.28%	35.03%
Salaries and Employee Benefits	693.27	676.45	662.81	758.09	989.74	1,045
Occupancy Expenses	56.06	57.58	54.72	60.17	61.74	57.51
Selling, General & Administrative	95.05	100.96	110.49	113.6	122.63	136.68
Other Non-Interest Expense	195.34	198.57	200.29	195.15	213.29	214.57
Total Non-Interest Expense	1,040	1,034	1,028	1,127	1,387	1,454
EBT Excluding Unusual Items	193.73	154.26	149.12	156.13	504.07	564.35
Pretax Income	193.73	154.26	149.12	156.13	504.07	564.35
Income Tax Expense	40.52	31.05	31.14	36.83	117.98	133.07
Earnings From Continuing Operations	153.21	123.21	117.98	119.29	386.1	431.28
Earnings From Discontinued Operations	-	-	-	-	-	38.4
Minority Interest in Earnings	-9.81	-10	-8.33	-6.16	-11.6	-21.84
Net Income	143.4	113.21	109.65	113.13	374.5	447.84
Net Income to Common	143.4	113.21	109.65	113.13	374.5	447.84
Net Income Growth	26.11%	3.25%	-3.08%	-69.79%	-16.38%	98.78%
Basic Shares Outstanding	65	65	65	70	81	89
Diluted Shares Outstanding	65	65	65	71	81	89
Shares Change (YoY)	-0.92%	0.00%	-7.90%	-12.99%	-9.11%	-3.34%
EPS (Basic)	2.22	1.74	1.69	1.61	4.64	5.02
EPS (Diluted)	2.22	1.74	1.69	1.60	4.61	5.01
EPS Growth	27.10%	3.22%	5.36%	-65.29%	-7.98%	105.35%
Dividend Per Share	0.700	0.680	0.640	0.600	0.480	0.360
Dividend Growth	6.06%	6.25%	6.67%	25.00%	33.33%	12.50%
Effective Tax Rate	20.92%	20.13%	20.88%	23.59%	23.40%	23.58%

Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q