HBT Financial (NASDAQ:HBT) Posts Quarterly Earnings Results, Beats Estimates By $0.07 EPS

HBT Financial (NASDAQ:HBT) issued its quarterly earnings results on Monday. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07, FiscalAI reports. The firm had revenue of $84.21 million for the quarter, compared to analyst estimates of $82.87 million. HBT Financial had a return on equity of 13.46% and a net margin of 23.44%.

HBT Financial Stock Up 2.7%

Shares of NASDAQ:HBT opened at $37.21 on Tuesday. HBT Financial has a 12-month low of $22.37 and a 12-month high of $37.71. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 13.18 and a beta of 0.49. The business has a 50-day moving average price of $35.88 and a 200 day moving average price of $30.93. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.20.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HBT. Zacks Research raised HBT Financial from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 28th. DA Davidson lifted their target price on shares of HBT Financial from $36.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $41.00 target price (up from $38.00) on shares of HBT Financial in a research note on Thursday, August 13th. Hovde Group upped their target price on shares of HBT Financial from $40.00 to $44.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. Finally, Wall Street Zen lowered shares of HBT Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $37.40.

Key HBT Financial News

Here are the key news stories impacting HBT Financial this week:

• Positive Sentiment: HBT Financial reported third-quarter net income of $31.4 million, or $0.86 per diluted share, up from $0.76 per share in the second quarter and ahead of analyst estimates near $0.78-$0.79. Revenue of $84.21 million also exceeded the $82.87 million consensus estimate. HBT Financial Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Operating trends were favorable: net interest margin increased three basis points sequentially to 4.35%, noninterest income rose 20.2% to $14.2 million, and asset quality remained strong, with nonperforming assets at just 0.16% of total assets. Returns were also robust, including a 16.17% return on average equity. HBT Financial Releases Q3 2026 Financial Results
• Positive Sentiment: Investors are also weighing HBT’s planned acquisition of Tri-County Financial Group, expected to close early in the first quarter of 2027 pending shareholder and regulatory approvals. The deal is expected to increase scale and branch density while supporting HBT’s transition toward a larger regional-bank platform. HBT Financial: A Best In Breed Community Bank With A Fair Valuation
• Neutral Sentiment: Reported short interest was listed at zero shares, implying no measurable short-selling pressure; however, the “significant increase” wording conflicts with the reported figure and may reflect a data-quality issue.
• Neutral Sentiment: At approximately 13 times earnings, HBT offers a relatively moderate valuation and a dividend yield near 2.7%, although its shares have already rallied roughly 50% over the past year, which could limit additional near-term upside.

About HBT Financial

HBT Financial, Inc is a bank holding company headquartered in Bloomington, Illinois. Its principal subsidiary, Heartland Bank and Trust Company, operates as a community bank serving individuals, businesses, agricultural customers and institutions.

Heartland Bank provides a range of traditional banking products, including checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer loans, commercial lending and agricultural financing. The bank also offers treasury management, online and mobile banking, wealth management, trust and investment services, and other financial solutions.

Through its branch network and digital channels, HBT Financial serves communities primarily across central and eastern Illinois and parts of eastern Iowa.