HBT Financial, Inc. HBT

Financials SIC 6022 - State Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived Nasdaq

HBT Financial, Inc. (the "Company" or "HBT Financial"), a Delaware corporation incorporated in 1982, is a bank holding company headquartered in Bloomington, Illinois that has elected to be regulated as a financial holding company. As of December 31, 2025, we had total assets of $5.1 billion, loans held for investment of $3.5 billion, and total deposits of $4.4 billion. Through our bank subsidiary, Heartland Bank and Trust Company ("Heartland Bank" or the "Bank"), we provide a comprehensive suite of financial products and services to consumers, businesses, and municipal entities throughout Illinois and eastern Iowa. The Company's common stock is traded on the Nasdaq Global Select Market under the symbol "HBT."

Last close 36.24 2026-10-23
Market cap $1.32B 2026-06-30 share count
52-week range 22.37 - 37.51

Valuation FY2025 figures against the last close

P/S5.2x
P/E14.9x
P/FCF15.5x
EV/EBITDA—
Dividend yield2.0%
Diluted EPS2.44

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $255.8M$251.7M$229.0M$153.1M$128.2M$124.1M$143.7M$137.4M$127.6M—
Interest expense $198.9M$188.8M$191.1M$145.9M$5.8M$6.5M$9.9M$8.0M$6.6M—
Pre-tax income $104.5M$97.4M$88.6M$76.2M$76.6M$49.6M$72.1M$64.7M$57.0M—
Income tax $27.5M$25.6M$22.7M$19.7M$20.3M$12.7M$534.0K$869.0K$870.0K—
Net income $77.0M$71.8M$65.8M$56.5M$56.3M$36.8M$66.9M$63.8M$56.1M—
EPS, basic 2.442.272.081.952.021.343.333.543.10—
EPS, diluted 2.442.262.071.952.021.343.333.543.10—
Shares, diluted (wtd. avg.) 31.6M31.7M31.7M28.9M27.8M27.5M20.1M18.0M——

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $122.3M$137.7M$141.3M$114.2M$409.3M$312.5M$284.0M$186.9M$165.7M$238.7M
Property, plant and equipment $73.6M$66.8M$65.2M$50.5M$52.5M$52.9M$54.0M$54.7M——
Goodwill $59.8M$59.8M$59.8M$29.3M$29.3M$23.6M$23.6M$23.6M——
Other intangibles $15.1M$17.8M$20.7M$1.1M$1.9M$2.8M$4.0M$5.5M——
Total assets $5.07B$5.03B$5.07B$4.29B$4.31B$3.67B$3.25B$3.25B——
Total liabilities $4.46B$4.49B$4.58B$3.91B$3.90B$3.30B$2.91B$2.91B——
Retained earnings $367.2M$316.8M$269.1M$232.0M$194.1M$154.6M$134.3M$315.2M——
Total equity $615.5M$544.6M$489.5M$373.6M$411.9M$363.9M$332.9M$340.4M$323.9M$326.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $85.1M$89.4M$65.8M$72.6M$43.0M$31.3M$89.1M$80.0M$72.1M—
Depreciation and amortisation $3.2M$2.9M$3.1M$3.0M$3.1M$2.9M$2.7M$3.2M$3.3M—
Stock-based compensation $1.9M$1.8M$2.0M$1.9M$764.0K$351.0K————
Capital expenditure —————$6.0K$41.0K———
Investing cash flow -$39.6M$32.3M$132.7M-$335.1M-$349.6M-$380.4M$115.3M$65.1M-$90.3M—
Financing cash flow -$60.9M-$125.3M-$171.4M-$32.6M$403.4M$377.7M-$107.3M-$123.9M-$54.8M—
Dividends paid $26.6M$24.2M$21.9M$18.6M$16.8M$16.5M$225.0M$42.6M$57.1M—
Buybacks $4.5M$4.4M$8.9M$4.8M$4.9M——$907.0K——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000775215-26-000037.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 100M 200M 300M Revenue, FY2017: 127.6M Net income, FY2017: 56.1M Revenue, FY2018: 137.4M Net income, FY2018: 63.8M Revenue, FY2019: 143.7M Net income, FY2019: 66.9M Revenue, FY2020: 124.1M Net income, FY2020: 36.8M Revenue, FY2021: 128.2M Net income, FY2021: 56.3M Revenue, FY2022: 153.1M Net income, FY2022: 56.5M Revenue, FY2023: 229M Net income, FY2023: 65.8M Revenue, FY2024: 251.7M Net income, FY2024: 71.8M Revenue, FY2025: 255.8M Net income, FY2025: 77M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $127.6M $137.4M $143.7M $124.1M $128.2M $153.1M $229.0M $251.7M $255.8M
Gross profit — — — — — — — — — —
Net income — $56.1M $63.8M $66.9M $36.8M $56.3M $56.5M $65.8M $71.8M $77.0M

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Other event Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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