| Preface 2 Additional Information Corporate Headquarters 6565 Hillcrest Ave Dallas, TX 75205 Phone: 214 - 855 - 2177 www.hilltop - holdings.com Please Contact: Erik Yohe Phone: 214 - 525 - 4634 Email: eyohe@hilltop - holdings.com FORWARD - LOOKING STATEMENTS This presentation and statements made by representatives of Hilltop Holdings Inc. (“Hilltop” or the “Company”) during the cou rse of this presentation include “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward - looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different fro m a ny future results, performance or achievements anticipated in such statements. Forward - looking statements speak only as of the date they are made and, except as r equired by law, we do not assume any duty to update forward - looking statements. Such forward - looking statements include, but are not limited to, statements concerning suc h things as our outlook, our business strategy, our financial condition, our efforts to make strategic acquisitions, our revenue, our liquidity and sources of fund ing , market trends, operations and business, taxes, the impact of natural disasters or public health emergencies, such as the current coronavirus (“COVID - 19”) global pandemic, info rmation technology expenses, capital levels, mortgage servicing rights (“MSR”) assets, stock repurchases, dividend payments, expectations concerning mortgage loan origina tio n volume, servicer advances and interest rate compression, expected levels of refinancing as a percentage of total loan origination volume, projected losses on mortga ge loans originated, total expenses, anticipated changes in our revenue, earnings, or taxes, the effects of government regulation applicable to our operations, the appropriat ene ss of, and changes in, our allowance for credit losses and provision for (reversal of) credit losses, future benchmark rates and economic growth, anticipated investment yiel ds, expected accretion of discount on loans in future periods, the collectability of loans, cybersecurity incidents, the outcome of litigation, and our other plans, objecti ves , strategies, expectations and intentions and other statements that are not statements of historical fact, and may be identified by words such as “anticipates,” “believes,” “bui ldi ng”, “could,” “estimates,” “expects,” “forecasts,” “goal,” “guidance”, “intends,” “may,” “might,” “outlook”, “plan,” “probable,” “projects,” “seeks,” “should,” “target,” “view ” o r “would” or the negative of these words and phrases or similar words or phrases. The following factors, among others, could cause actual results to differ from those set fo rth in the forward - looking statements: (i) the credit risks of lending activities, including our ability to estimate credit losses and increases to the allowance for credit lo sses, as well as the effects of changes in the level of, and trends in, loan delinquencies and write - offs; (ii) effectiveness of our data security controls in the face of cyber attacks; (iii) changes in general economic, market and business conditions in areas or markets where we compete, including changes in the price of crude oil; (iv) changes in the in ter est rate environment; (v) the COVID - 19 pandemic and the response of governmental authorities to the pandemic, which have had and may continue to have an adverse imp act to the global economy and our business operations and performance and transitions away from LIBOR; (vi) risks associated with concentration in real estate rel ated loans; (vii) the effects of our indebtedness on our ability to manage our business successfully, including the restrictions imposed by the indenture governin g o ur indebtedness; (viii) changes in state and federal laws, regulations or policies affecting one or more of our business segments, including changes in regulatory fees, d epo sit insurance premiums, capital requirements and the Dodd - Frank Wall Street Reform and Consumer Protection Act; (ix) cost and availability of capital; (x) changes in key man agement; (xi) competition in our banking, broker - dealer and mortgage origination segments from other banks and financial institutions, as well as investment banking and f inancial advisory firms, mortgage bankers, asset - based non - bank lenders and government agencies; (xii) legal and regulatory proceedings; (xiii) risks associated with merge r and acquisition integration; and (xiv) our ability to use excess capital in an effective manner. For further discussion of such factors, see the risk factors described in our most recent Annual Report on Form 10 - K, and subsequent Quarterly Reports on Form 10 - Q and other reports, that we have filed with the Securities and Exchange Commission. All forward - looking statements are qualified in their entirety by this cautionary statement. The information contained herein is preliminary and based on Company data available at the time of the earnings presentation. I t speaks only as of the particular date or dates included in the accompanying slides. Hilltop Holdings does not undertake an obligation to, and disclaims any duty to, u pda te any of the information herein. |
