NASDAQ : HBT
HBT Financial, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 36.8 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.34B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 266.65M | 216.82M | 214.86M | 195.20M | 123.48M | 106.28M |
| Interest Income on Investments | 48.83M | 38.96M | 36.84M | 33.80M | 29.58M | 21.94M |
| Total Interest Income | 315.48M | 255.78M | 251.70M | 229.00M | 153.05M | 128.22M |
| Interest Paid on Deposits | 62.40M | 51.69M | 56.05M | 25.14M | 2.51M | 2.47M |
| Interest Paid on Borrowings | 6.76M | 5.20M | 6.80M | 12.79M | 4.67M | 3.35M |
| Total Interest Expense | 69.17M | 56.89M | 62.85M | 37.93M | 7.18M | 5.82M |
| Net Interest Income | 246.31M | 198.90M | 188.85M | 191.07M | 145.87M | 122.40M |
| Trust Income | 14.98M | 12.15M | 10.98M | 9.88M | 9.15M | 8.38M |
| Gain (Loss) on Sale of Assets | -271.00K | -85.00K | -635.00K | 166.00K | 136.00K | -723.00K |
| Gain (Loss) on Sale of Investments | -284.00K | -193.00K | -3.76M | -1.66M | -414.00K | 107.00K |
| Other Non-Interest Income | 21.73M | 16.80M | 19.42M | 17.78M | 17.62M | 17.32M |
| Total Non-Interest Income | 46.92M | 38.19M | 35.57M | 36.05M | 34.72M | 37.33M |
| Revenues Before Loan Losses | 293.22M | 237.09M | 224.42M | 227.12M | 180.59M | 159.73M |
| Provision for Loan Losses | 1.42M | 3.16M | 3.03M | 1.65M | -706.00K | -8.08M |
| Revenue | 291.80M | 233.92M | 221.39M | 225.47M | 181.30M | 167.81M |
| Salaries and Employee Benefits | 92.30M | 77.72M | 74.72M | 71.86M | 58.05M | 54.38M |
| Federal Deposit Insurance | 2.55M | 2.23M | 2.25M | 2.28M | 1.16M | 1.04M |
| Amortization of Goodwill & Intangibles | 4.44M | 2.73M | 2.84M | 2.67M | 873.00K | 1.05M |
| Selling, General & Administrative | 36.73M | 30.68M | 29.51M | 30.06M | 23.13M | 20.77M |
| Other Non-Interest Expense | 20.74M | 15.47M | 14.45M | 17.37M | 13.09M | 12.58M |
| Total Non-Interest Expense | 156.94M | 129.00M | 123.88M | 124.49M | 96.60M | 90.73M |
| EBT Excluding Unusual Items | 134.87M | 104.92M | 97.51M | 100.98M | 84.69M | 77.08M |
| Legal Settlements | -800.00K | -8.20M | ||||
| Other Unusual Items | 391.00K | |||||
| Pretax Income | 121.19M | 104.51M | 97.38M | 88.58M | 76.19M | 76.56M |
| Income Tax Expense | 31.82M | 27.50M | 25.60M | 22.74M | 19.73M | 20.29M |
| Net Income | 89.37M | 77.01M | 71.78M | 65.84M | 56.46M | 56.27M |
| Preferred Dividends & Other Adjustments | 36.00K | 66.00K | 104.00K | |||
| Net Income to Common | 89.37M | 77.01M | 71.78M | 65.81M | 56.39M | 56.17M |
| Basic Shares Outstanding | 34.35M | 31.50M | 31.59M | 31.63M | 28.85M | 27.80M |
| Diluted Shares Outstanding | 34.46M | 31.61M | 31.71M | 31.74M | 28.92M | 27.81M |
| EPS (Basic) | 2.60 | 2.44 | 2.27 | 2.08 | 1.95 | 2.02 |
| EPS (Diluted) | 2.60 | 2.44 | 2.26 | 2.07 | 1.95 | 2.02 |
| Dividend Per Share | 0.92 | 0.84 | 0.76 | 0.68 | 0.64 | 0.60 |
| Effective Tax Rate | 26.26% | 26.31% | 26.29% | 25.67% | 25.90% | 26.50% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 126.26M | 122.27M | 137.69M | 141.25M | 114.16M | 409.27M |
| Investment Securities | 1.49B | 456.63M | 485.89M | 593.34M | 651.96M | 633.68M |
| Trading Asset Securities | 2.99M | 5.55M | 6.55M | 7.61M | 8.70M | |
| Mortgage-Backed Securities | 822.77M | 719.57M | 695.54M | 739.34M | 651.70M | |
| Total Investments | 1.49B | 1.28B | 1.21B | 1.30B | 1.40B | 1.29B |
| Gross Loans | 4.78B | 3.46B | 3.47B | 3.40B | 2.62B | 2.50B |
| Allowance for Loan Losses | -60.48M | -41.69M | -42.04M | -40.05M | -25.33M | -23.94M |
| Net Loans | 4.72B | 3.41B | 3.42B | 3.36B | 2.59B | 2.48B |
| Property, Plant & Equipment | 91.61M | 73.64M | 66.76M | 65.15M | 50.47M | 52.48M |
| Goodwill | 81.95M | 59.82M | 59.82M | 59.82M | 29.32M | 29.32M |
| Other Intangible Assets | 41.40M | 15.12M | 17.84M | 20.68M | 1.07M | 1.94M |
| Loans Held for Sale | 2.98M | 1.26M | 1.59M | 2.32M | 615.00K | 4.94M |
| Accrued Interest Receivable | 39.43M | 23.78M | 24.77M | 24.53M | 19.51M | 14.90M |
| Other Current Assets | 276.00K | 317.00K | 235.00K | 1.45M | ||
| Other Real Estate Owned & Foreclosed | 656.00K | 1.13M | 367.00K | 852.00K | 3.03M | 3.28M |
| Other Long-Term Assets | 111.70M | 72.49M | 83.54M | 91.60M | 66.54M | 24.10M |
| Total Assets | 6.72B | 5.07B | 5.03B | 5.07B | 4.29B | 4.31B |
| Interest Bearing Deposits | 4.06B | 2.86B | 2.82B | 2.99B | 2.50B | 2.52B |
| Institutional Deposits | 384.52M | 445.70M | 455.20M | 342.80M | 92.60M | 133.10M |
| Non-Interest Bearing Deposits | 1.30B | 1.05B | 1.05B | 1.07B | 994.95M | 1.09B |
| Total Deposits | 5.75B | 4.36B | 4.32B | 4.40B | 3.59B | 3.74B |
| Short-Term Borrowings | 12.21M | 15.29M | 47.72M | 61.29M | 210.06M | 70.63M |
| Long-Term Debt | 84.05M | 39.55M | 39.47M | 39.40M | 39.32M | |
| Trust Preferred Securities | 52.95M | 52.91M | 52.85M | 52.79M | 37.78M | 37.71M |
| Other Long-Term Liabilities | 63.59M | 28.43M | 29.93M | 28.68M | 38.84M | 16.52M |
| Total Liabilities | 5.97B | 4.46B | 4.49B | 4.58B | 3.91B | 3.90B |
| Common Stock | 385.00K | 329.00K | 328.00K | 327.00K | 293.00K | 293.00K |
| Retained Earnings | 412.78M | 367.16M | 316.76M | 269.05M | 232.00M | 194.13M |
| Treasury Stock | -43.68M | -27.52M | -23.02M | -18.60M | -9.69M | -4.91M |
| Comprehensive Income & Other | 384.61M | 275.53M | 250.53M | 238.71M | 151.02M | 222.36M |
| Shareholders' Equity | 754.09M | 615.50M | 544.61M | 489.50M | 373.63M | 411.88M |
| Total Liabilities & Equity | 6.72B | 5.07B | 5.03B | 5.07B | 4.29B | 4.31B |
| Total Debt | 149.21M | 68.20M | 140.12M | 153.56M | 287.24M | 147.66M |
| Net Cash (Debt) | -22.95M | 57.06M | 3.13M | -5.25M | -165.47M | 270.79M |
| Net Cash Per Share | -0.67 | 1.81 | 0.10 | -0.17 | -5.72 | 9.74 |
| Filing Date Shares Outstanding | 36.37M | 31.43M | 31.56M | 31.64M | 32.15M | 28.99M |
| Total Common Shares Outstanding | 36.37M | 31.43M | 31.56M | 31.70M | 28.75M | 28.99M |
| Book Value Per Share | 20.74 | 19.58 | 17.26 | 15.44 | 12.99 | 14.21 |
| Tangible Book Value | 630.74M | 540.56M | 466.94M | 408.99M | 343.24M | 380.62M |
| Tangible Book Value Per Share | 17.34 | 17.20 | 14.80 | 12.90 | 11.94 | 13.13 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 77.01M | 71.78M | 65.84M | 56.46M | 56.27M | |
| Depreciation & Amortization | 5.93M | 5.78M | 5.78M | 3.92M | 4.13M | |
| Other Amortization | 274.00K | 540.00K | 518.00K | 145.00K | 39.00K | |
| Gain (Loss) on Sale of Assets | 81.00K | 613.00K | -666.00K | 178.00K | 384.00K | |
| Gain (Loss) on Sale of Investments | 2.46M | 7.40M | 7.39M | 7.37M | 6.96M | |
| Provision for Credit Losses | 3.16M | 3.03M | 7.57M | -706.00K | -8.08M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 1.80M | 2.34M | 1.44M | 5.79M | 15.62M | |
| Accrued Interest Receivable | 991.00K | -236.00K | -1.92M | -4.61M | 240.00K | |
| Change in Other Net Operating Assets | -26.00K | 5.19M | -16.18M | 12.16M | -17.80M | |
| Other Operating Activities | -7.07M | -7.21M | -4.38M | -8.60M | -9.66M | |
| Operating Cash Flow | 85.07M | 89.37M | 65.83M | 72.59M | 43.02M | |
| Capital Expenditures | -10.25M | -5.51M | -3.13M | -1.05M | -1.03M | |
| Sale of Property, Plant and Equipment | 395.00K | 2.00K | 573.00K | 1.37M | 17.00K | |
| Cash Acquisitions | -14.45M | -4.77M | ||||
| Investment in Securities | -43.74M | 90.74M | 284.61M | -217.03M | -300.10M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 12.56M | -57.19M | -142.65M | -113.67M | -50.09M | |
| Other Investing Activities | 1.39M | 4.30M | 7.72M | -4.75M | 6.36M | |
| Investing Cash Flow | -39.64M | 32.35M | 132.66M | -335.12M | -349.61M | |
| Short-Term Debt Issued | 160.00M | |||||
| Long-Term Debt Issued | 6.80M | 907.00K | 11.44M | |||
| Total Debt Issued | 6.80M | 907.00K | 160.00M | 11.44M | ||
| Short-Term Debt Repaid | -234.19M | |||||
| Long-Term Debt Repaid | -76.86M | -14.17M | -639.00K | -18.18M | -12.52M | |
| Total Debt Repaid | -76.86M | -14.17M | -234.83M | -18.18M | -12.52M | |
| Net Debt Issued (Repaid) | -70.06M | -13.27M | -234.83M | 141.82M | -1.08M | |
| Repurchase of Common Stock | -5.20M | -4.75M | -9.09M | -4.84M | -4.91M | |
| Common Dividends Paid | -26.61M | -24.18M | -21.87M | -18.58M | -16.75M | |
| Net Increase (Decrease) in Deposit Accounts | 41.01M | -83.08M | 94.40M | -150.97M | 426.15M | |
| Financing Cash Flow | -60.85M | -125.28M | -171.40M | -32.57M | 403.41M | |
| Net Cash Flow | -15.42M | -3.56M | 27.09M | -295.11M | 96.82M | |
| Free Cash Flow | 74.82M | 83.87M | 62.70M | 71.54M | 41.99M | |
| Free Cash Flow Margin | 31.99% | 37.88% | 27.81% | 39.46% | 25.03% | |
| Free Cash Flow Per Share | 2.37 | 2.65 | 1.98 | 2.47 | 1.51 | |
| Cash Interest Paid | 58.17M | 64.72M | 32.85M | 6.86M | 5.93M | |
| Cash Income Tax Paid | 26.61M | 23.88M | 20.51M | 20.04M | 20.86M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.33B | 812.52M | 691.15M | 669.40M | 562.69M | 544.20M |
| Last Close Price | 36.52 | 25.26 | 20.66 | 19.18 | 17.17 | 15.88 |
| PE Ratio | 14.07 | 10.55 | 9.63 | 10.17 | 9.98 | 9.69 |
| PS Ratio | 4.55 | 3.47 | 3.12 | 2.97 | 3.10 | 3.24 |
| PB Ratio | 1.76 | 1.32 | 1.27 | 1.37 | 1.51 | 1.32 |
| P/FCF Ratio | 17.55 | 10.86 | 8.24 | 10.68 | 7.87 | 12.96 |
| P/OCF Ratio | 15.30 | 9.55 | 7.73 | 10.17 | 7.75 | 12.65 |
| Debt / Equity Ratio | 0.20 | 0.11 | 0.26 | 0.31 | 0.77 | 0.36 |
| Debt / FCF Ratio | 0.91 | 1.67 | 2.45 | 4.01 | 3.52 | |
| Net Debt / Equity Ratio | 0.03 | -0.09 | -0.01 | 0.01 | 0.44 | -0.66 |
| Net Debt / FCF Ratio | -0.76 | -0.04 | 0.08 | 2.31 | -6.45 | |
| Return on Equity (ROE) | 13.21% | 13.28% | 13.88% | 15.26% | 14.37% | 14.51% |
| Return on Assets (ROA) | 1.52% | 1.52% | 1.42% | 1.41% | 1.31% | 1.41% |
| Earnings Yield | 7.11% | 9.48% | 10.39% | 9.84% | 10.03% | 10.34% |
| FCF Yield | 5.70% | 9.21% | 12.13% | 9.37% | 12.71% | 7.72% |
| Dividend Yield | 2.74% | 3.25% | 3.47% | 3.22% | 3.27% | 3.20% |
| Payout Ratio | 38.53% | 34.55% | 33.69% | 33.22% | 32.92% | 29.77% |
| Buyback Yield / Dilution | -8.89% | 0.32% | 0.08% | -9.75% | -3.98% | -1.29% |
| Total Shareholder Return | -6.16% | 3.57% | 3.55% | -6.53% | -0.71% | 1.91% |