Revenue during the quarter grew 9.93 percent to $408.90 million from $371.96 million in the previous year period. Net interest income for the quarter rose 4.84 percent over the prior year period to $104.12 million. Non-interest income for the quarter rose 11.63 percent over the last year period to $309.13 million.

Hilltop Holdings Inc. has made provision of $4.35 million for loan losses during the quarter, up 1.64 percent from $4.28 million in the same period last year.

Net interest margin improved 10 basis points to 3.80 percent in the quarter from 3.70 percent in the last year period. Efficiency ratio for the quarter improved to 59 percent from 62.78 percent in the previous year period. A decline in efficiency ratio indicates a rise in profitability.

Jeremy Ford, Co-chief executive officer of Hilltop, said, "With the notable exception of two significant adverse items, we are very pleased with our financial and operating results for 2016. Despite these charges, our results demonstrate the diversification and resilience of our franchise. With a strong capital base, solid liquidity and great business model, we are well positioned for the future." Alan White, Co-chief executive officer of Hilltop, added, "All of our businesses generated impressive financial results in 2016. Highlights from this year's performance include double-digit total loan growth at PlainsCapital Bank, record mortgage volume at PrimeLending, significantly improved operating margins at Hilltop Securities, and a solid underwriting profit at National Lloyds. We remain focused on growing all of our businesses profitably, serving our customers and providing a great place for our associates to thrive."

Noninterest-bearing deposit liabilities were $2,199.48 million or 31.14 percent of total deposits on Dec. 31, 2016, compared with $2,235.44 million or 32.15 percent of total deposits on Dec. 31, 2015.

Investments stood at $1,215.37 million as on Dec. 31, 2016, down 0.37 percent or $4.50 million from year-ago. Shareholders equity stood at $1,874.52 million as on Dec. 31, 2016, up 7.85 percent or $136.39 million from year-ago.

Return on average assets moved up 45 basis points to 1.13 percent in the quarter from 0.68 percent in the last year period. At the same time, return on average equity increased 286 basis points to 7.56 percent in the quarter from 4.70 percent in the last year period.

Nonperforming assets moved up 18.20 percent or $4.63 million to $30.07 million on Dec. 31, 2016 from $25.44 million on Dec. 31, 2015. Meanwhile, nonperforming assets to total assets was 0.24 percent in the quarter, up from 0.21 percent in the last year period.

Tier-1 leverage ratio stood at 13.51 percent for the quarter, up from 12.65 percent for the previous year quarter. Book value per share was $18.98 for the quarter, up 8.09 percent or $1.42 compared to $17.56 for the same period last year.