Hilltop Holdings Inc.

Hilltop Holdings was established as Affordable Residential Communities in 1998. The real estate investment trust focused on acquiring, renovating and operating manufactured home communities, among other services. The company completed an initial public offering in July 2004. In 2007, Affordable Residential Communities sold its manufactured home communities business assets for US$1.8 billion and changed its name to Hilltop Holdings Inc. Also in 2007, Hilltop Holdings purchased National Lloyds Corporation, an insurance company specializing in coverage for manufactured homes.

On November 30, 2012, Hilltop Holdings acquired PlainsCapital Corporation and its operating subsidiaries PlainsCapital Bank, PrimeLending and First Southwest Company. It acquired the former First National Bank of Edinburg, Texas, in 2013.

In January 2015, Hilltop Holdings finalized acquisition of SWS Group Inc. for approximately US$350 million. The SWS subsidiary Southwest Securities Federal Savings Bank (FSB) was merged into PlainsCapital Bank. In January 2016, Hilltop Holdings subsidiaries First Southwest Company and the previous SWS banking subsidiary Southwest Securities Inc. merged and began operations as HilltopSecurities.

In August 2018, Hilltop completed its acquisition of Houston-based The Bank of River Oaks in an $85 million all-cash transaction.

In June 2020, Hilltop Holdings completed the sale of National Lloyds Corporation and its subsidiaries to Align Financial Holdings, LLC. for $150 million