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Income Statement
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Hilltop Securities Holdings LLC (SWS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-14Jun-30-13Jun-29-12Jun-24-11Jun-25-10Jun-26-09Jun-27-08Jun-29-07
   10-K/A10-K/A10-K/A10-K10-K10-K10-K10-K
    Total interest income  87.197.4122.1138.9156.1211.9281.4292.1
    Total interest expense  44.946.560.347.855.3104.1175.9197.3
Net interest income  132.0143.8182.4186.6211.3315.9457.3489.3
Provision for loan losses  -5.4-7.72.551.045.113.33.5 
Net interest income after provision for loan losses  137.4151.5180.0135.7166.2302.6453.8489.3
        Gain on sale of investments, net      41.434.88.715.5
        Other non-interest income      35.836.437.533.4
Total non-interest income      77.271.246.248.9
Non-interest expenses  268.9282.0295.7375.5371.5343.2252.5217.4
Pre-tax income  -6.1-6.7-5.9-33.5-4.638.449.156.2
Income taxes  1.026.8-1.2-10.3-1.714.818.318.7
            Tax rate    20.4%30.6%36.4%38.5%37.2%33.3%
Minority interest        0.00.0
Earnings from continuing ops  -7.1-33.2-4.8-23.1-2.923.630.937.5
Earnings from discontinued ops   -0.30.1-0.1  0.00.2
Net income  -7.1-33.4-4.7-23.2-2.923.631.937.6
            Net margin  -2.3%-10.5%-1.3%-6.0%-0.7%6.3%6.4%8.0%
   
Basic EPS  ($0.21)($1.01)($0.15)($0.71)($0.10)$0.86$1.12$1.39
Diluted EPS  ($0.21)($1.01)($0.15)($0.71)($0.10)$0.86$1.12$1.37
   
Shares outstanding (basic)  33.032.932.632.530.327.427.527.0
Shares outstanding (diluted)  33.032.932.632.530.327.527.627.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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