Hbt Financial Inc

Hbt Financial Inc

HBT · NASDAQ · Financial Services / Banks - Regional

36.95USD-0.54 (-1.44%)

Price History

Full chart

Market Stats

Previous Close37.49
Open37.50
Day Range36.65 – 37.50
52-Week Range21.66 – 37.51
Volume162.32K
Market Cap1.32B
P/E (TTM)15.43
Forward P/E0.00
EPS2.35
Dividend Yield2.79%
Beta0.50
50-Day Avg35.60
200-Day Avg29.96

About

HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company that provides financial products and services to consumers, businesses, and municipal entities in Illinois and Eastern Iowa. The company offers deposit account services, such as noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposit, HSA, and IRA accounts. It also provides lending products, including non-owner occupied regulatory commercial real estate (CRE), construction and land development and multi-family; commercial and industrial and owner-occupied CRE; agricultural and farmland; one-to-four family residential loans; municipal, consumer, and other loans; residential mortgage origination and servicing; and traditional trust and investment services. In addition, the company offers digital banking services comprising online banking, mobile banking, digital payments, and personal financial management tools; small business and commercial checking accounts, and treasury management services; financial planning to consumers, trusts, and estates; and trustee and custodial services. Further, it provides investment management services; corporate retirement plan consulting and administration; retail brokerage services; farm management services, broker farmland sale, and crop insurance. The company was formerly known as Heartland Bancorp, Inc. and changed its name to HBT Financial, Inc. in September 2019. HBT Financial, Inc. was founded in 1920 and is headquartered in Bloomington, Illinois.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. J. Lance Carter
  • Employees826
  • Headquarters401 North Hershey Road, Bloomington, IL, United States, 61704, USA
  • Websitehttps://ir.hbtfinancial.com

Leadership

  • Mr. Fred L. DrakeExecutive Chairman · b. 1957
  • Mr. J. Lance CarterPresident, CEO & Director · b. 1971
  • Mr. Peter R. ChapmanExecutive VP & CFO · b. 1974
  • Mr. Mark W. ScheirerExecutive VP & Chief Credit Officer · b. 1971
  • Mr. Lawrence J. HorvathExecutive VP & Chief Lending Officer · b. 1964
  • Ms. Renee K. FehrGeneral Counsel & Corporate Secretary
  • Ms. Andrea E. ZurkamerExecutive VP & Chief Risk Officer · b. 1978
  • Mr. Chris J. RyanExecutive VP & Chief Retail Officer
  • Mr. James E. LyonsVP & Controller
  • Mr. Matthew J. DohertyTreasurer · b. 1962

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue163.86M157.78M165.96M173.85M156.77M164.23M186.72M263.64M285.21M293.33M
Growth (%)--3.71%+5.18%+4.75%-9.83%+4.76%+13.69%+41.20%+8.18%+2.84%
Cost of Revenue13.04M9.73M13.69M13.34M16.99M-2.26M6.47M45.50M65.88M58.59M
Gross Profit150.82M148.05M152.28M160.51M139.77M166.49M180.25M218.14M219.33M234.74M
Gross Margin92.04%93.83%91.75%92.33%89.16%101.37%96.53%82.74%76.90%80.03%
Operating Expense91.24M91.08M87.61M88.39M90.20M89.93M104.06M129.56M121.95M130.23M
Operating Income59.59M56.97M64.67M72.12M49.57M76.56M76.19M88.58M97.38M104.51M
Operating Margin36.36%36.11%38.97%41.48%31.62%46.62%40.80%33.60%34.14%35.63%
EBITDA65.34M62.18M69.45M76.25M53.75M80.69M80.11M94.36M103.17M109.58M
EBITDA Margin39.88%39.41%41.84%43.86%34.28%49.13%42.90%35.79%36.17%37.36%
Net Income58.55M56.10M63.80M66.86M36.84M56.27M56.46M65.84M71.78M77.01M
Net Income Margin35.73%35.56%38.44%38.46%23.50%34.26%30.24%24.97%25.17%26.25%
R&D000-------
R&D as % of Total Revenue0.00%0.00%0.00%-------
Interest Expense6.60M6.59M7.99M9.94M6.46M5.82M7.18M37.93M62.85M56.89M
Interest Expense % of Total Revenue4.03%4.18%4.81%5.71%4.12%3.54%3.85%14.39%22.04%19.39%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-3.31B3.25B3.25B3.67B4.31B4.29B5.07B5.03B5.07B
Total Liabilities-2.99B2.91B37.58M76.89M77.03M3.91B4.58B4.49B4.46B
Total Equity-323.92M340.40M3.21B3.59B4.24B373.63M489.50M544.61M615.50M
Cash-166.43M187.13M284.22M312.45M409.76M114.16M141.76M137.69M24.42M
Total Debt-2.96B2.88B82.02M122.62M138.29M280.26M147.33M134.60M65.21M
Net Debt--99.98M-149.61M-246.64M-235.56M-332.73M166.10M5.57M-3.09M40.79M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow68.30M72.08M79.99M89.09M31.25M43.10M72.59M65.83M89.37M85.07M
Investing Cash Flow24.58M-90.31M65.09M115.34M-380.45M-349.61M-335.12M132.66M32.35M-39.64M
Financing Cash Flow-80.00M-54.83M-123.89M-107.34M377.68M403.33M-32.57M-171.40M-125.28M-60.85M
Capital Expenditure1.47M2.16M1.66M2.15M1.87M1.03M1.05M3.13M5.51M10.25M
Free Cash Flow66.83M69.92M78.34M86.94M29.39M42.07M71.54M62.70M83.87M74.82M
Dividends Paid40.74M57.07M42.62M224.96M16.52M16.75M18.58M21.87M24.18M26.61M
FCF to OCF97.84%97.00%97.93%97.59%94.03%97.61%98.56%95.24%93.84%87.95%
Dividend Paid to FCF60.97%81.62%54.41%258.74%56.21%39.82%25.98%34.89%28.84%35.56%

Earnings

Report DateJul 2, 2019Nov 6, 2019Jan 30, 2020Apr 30, 2020Jul 27, 2020Oct 26, 2020Jan 28, 2021Apr 26, 2021Jul 26, 2021Oct 25, 2021Jan 27, 2022Apr 25, 2022Jul 25, 2022Oct 24, 2022Jan 25, 2023Apr 26, 2023Jul 24, 2023Oct 23, 2023Jan 24, 2024Apr 22, 2024Jul 22, 2024Oct 21, 2024Jan 22, 2025Apr 21, 2025Jul 21, 2025Oct 20, 2025Jan 26, 2026Apr 27, 2026Jul 27, 2026Oct 19, 2026
EPS Estimate0.680.750.500.400.260.340.380.410.460.430.420.410.420.500.570.560.600.580.590.560.560.570.580.560.600.620.640.600.740.78
EPS Actual0.660.800.550.300.300.390.450.510.520.530.490.420.480.550.620.640.580.630.600.570.570.610.620.610.630.650.640.340.78-
Surprise-2.94%6.67%10.00%-25.00%15.38%14.71%18.42%24.39%13.04%23.26%16.67%2.44%14.29%10.00%8.77%14.29%-3.33%8.62%1.69%1.79%1.79%7.02%6.90%8.93%5.00%4.84%0.00%-43.33%5.41%-
Timing-After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap1.32B
Enterprise Value1.34B
Trailing P/E15.43
Forward P/E0.00
Price / Sales4.96
Price / Book1.67
EPS2.35
Book Value21.03
Revenue (TTM)265.92M
Gross Profit (TTM)265.92M
Profit Margin29.24%
Operating Margin49.92%
Return on Equity11.56%
Return on Assets1.32%
Shares Outstanding36.37M
Shares Float15.84M
Beta0.50
Dividend Yield2.79%
Dividend Rate1.00
Payout Ratio38.17%

Analyst Ratings

Buy
Based on 5 analystsTarget 40.40
  • Strong Buy
    1
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
25.96%
Insiders
56.40%
Retail / Other
17.64%

Top Institutional Holders

  • BlackRock Inc
    1.61M4.42%
  • Dimensional Fund Advisors, Inc.
    588.89K1.62%
  • Vanguard Capital Management, LLC
    520.11K1.43%
  • Manufacturers Life Insurance Co
    491.42K1.35%
  • Adage Capital Partners Gp LLC
    473.20K1.30%
  • American Century Companies Inc
    349.78K0.96%
  • LPL Financial Corp
    324.05K0.89%
  • Geode Capital Management, LLC
    302.04K0.83%
  • Wellington Management Company LLP
    298.61K0.82%
  • State Street Corp
    292.70K0.80%
  • Royce & Associates, LP
    264.42K0.73%
  • Allspring Global Investments Holdings, LLC
    249.97K0.69%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    532.83K1.70%
  • iShares Russell 2000 ETF
    412.18K1.31%
  • JHancock Regional Bank A
    246.28K0.78%
  • JH Financial Opportunities
    209.44K0.67%
  • Allspring Small Company Val
    190.15K0.60%
  • Avantis US Small Cap Value ETF
    186.80K0.59%
  • Fidelity Small Cap Index
    176.92K0.56%
  • BlackRock Advantage Small Cap Core Instl
    174.73K0.56%

Dividends

20264×
0.25Nov 9, 20260.25Aug 11, 20260.23May 12, 20260.23Feb 9, 2026
20254×
0.21Nov 3, 20250.21Aug 5, 20250.21May 6, 20250.21Feb 4, 2025
20244×
0.19Nov 4, 20240.19Aug 6, 20240.19May 6, 20240.19Feb 5, 2024
20234×
0.17Nov 6, 20230.17Aug 7, 20230.17May 8, 20230.17Feb 6, 2023
20224×
0.16Nov 4, 20220.16Aug 8, 20220.16May 9, 20220.16Feb 7, 2022
20214×
0.15Nov 5, 20210.15Aug 9, 20210.15May 10, 20210.15Feb 5, 2021