HBT - HBT Financial Inc Stock Price, Fair Value and News

18.75USD-0.11 (-0.58%)Delayed as of 26 Apr 2024, 01:28 pm ET

Market Summary

USD18.75-0.11

Delayedas of 26 Apr 2024, 01:28 pm

-0.58%

HBT Stock Price

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HBT RSI Chart

HBT Valuation

Market Cap

596.8M

Price/Earnings (Trailing)

9.06

Price/Sales (Trailing)

2.61

EV/EBITDA

1.61

Price/Free Cashflow

9.07

HBT Price/Sales (Trailing)

HBT Profitability

EBT Margin

38.68%

Return on Equity

13.45%

Return on Assets

1.3%

Free Cashflow Yield

11.03%

HBT Fundamentals

HBT Revenue

Revenue (TTM)

229.0M

Rev. Growth (Yr)

36.63%

Rev. Growth (Qtr)

4.01%

HBT Earnings

Earnings (TTM)

65.8M

Earnings Growth (Yr)

40.38%

Earnings Growth (Qtr)

-6.44%

Breaking Down HBT Revenue

52 Week Range

16.3320.36

(Low)(High)

Last 7 days

3.5%

Last 30 days

1.6%

Last 90 days

-6.8%

Trailing 12 Months

3.6%

How does HBT drawdown profile look like?

HBT Financial Health

HBT Investor Care

Dividend Yield

3.61%

Dividend/Share (TTM)

0.68

Buy Backs (1Y)

1.56%

Diluted EPS (TTM)

2.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	171.5M	192.5M	212.5M	229.0M
2022	131.0M	135.6M	142.5M	153.1M
2021	122.0M	122.7M	124.6M	128.2M
2020	139.5M	133.3M	127.9M	124.1M
2019	139.0M	140.6M	142.2M	143.7M
2018	0	0	132.5M	137.4M
2017	0	0	0	127.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of HBT Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	pfeiffer gerald e	bought	26,107	18.85	1,385	-
Mar 01, 2024	pfeiffer gerald e	bought	3,053	18.85	162	-
Feb 29, 2024	pfeiffer gerald e	acquired	-	-	600	-
Feb 29, 2024	scheirer mark w	acquired	-	-	3,951	evp & chief credit officer
Feb 29, 2024	horvath lawrence j	sold (taxes)	-42,446	19.06	-2,227	evp & chief lending officer
Feb 29, 2024	burwell eric e	acquired	-	-	600	-
Feb 29, 2024	busch patrick f	acquired	-	-	8,382	-
Feb 29, 2024	carter james lance	acquired	-	-	14,255	president and ceo
Feb 29, 2024	busch patrick f	sold (taxes)	-78,279	19.06	-4,107	-
Feb 29, 2024	zurkamer andrea e	acquired	-	-	2,890	evp & chief risk officer

Which funds bought or sold HBT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Assenagon Asset Management S.A.	reduced	-14.53	-231,414	778,488	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-66.82	-15,000	7,000	-%
Apr 23, 2024	Meredith Wealth Planning	sold off	-100	-202,529	-	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	20,682	152,119	-%
Apr 19, 2024	DENALI ADVISORS LLC	unchanged	-	-36,225	333,200	0.10%
Apr 17, 2024	Hennion & Walsh Asset Management, Inc.	reduced	-0.9	-27,759	233,773	0.01%
Apr 05, 2024	CWM, LLC	new	-	-	-	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	reduced	-0.48	-145,342	1,274,730	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.7	1,861,680	13,117,600	-%
Mar 08, 2024	ICA Group Wealth Management, LLC	new	-	4,222	4,222	-%

Are Funds Buying or Selling HBT?

Are funds buying HBT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HBT

No. of Funds

Unveiling HBT Financial Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	drake fred l	54.7%	17,328,677	SC 13G/A
Jan 29, 2024	blackrock inc.	5.7%	1,796,451	SC 13G
Feb 14, 2023	drake fred l	60.2%	17,319,997	SC 13G/A
Feb 10, 2022	drake fred l	59.7%	17,312,521	SC 13G/A
Feb 14, 2020	drake fred l	62.7%	17,210,400	SC 13G

Recent SEC filings of HBT Financial Inc

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	8-K	Current Report
Apr 22, 2024	8-K	Current Report
Apr 17, 2024	DEF 14A	DEF 14A
Apr 17, 2024	DEFA14A	DEFA14A
Mar 06, 2024	10-K	Annual Report
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to HBT Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.9B	171.1B	-1.23%	42.96%	11.24	3.25	60.72%	31.52%
BAC	298.3B	130.3B	2.16%	33.23%	11.25	2.29	79.51%	-3.68%
WFC	214.2B	85.7B	5.65%	51.75%	11.19	2.5	41.49%	39.96%
C	118.1B	133.3B	0.19%	33.28%	12.8	0.89	79.09%	-
CFG	16.1B	10.2B	0.49%	19.99%	9.98	1.57	44.53%	-22.43%
KEY	13.6B	7.9B	-2.99%	38.35%	14.11	1.72	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	0.27%	28.36%	7.84	1.65	56.25%	-23.46%
ZION	6.1B	3.9B	0.15%	56.31%	8.99	1.55	45.91%	-25.03%
ABCB	3.3B	1.3B	1.98%	45.44%	12.19	2.56	43.24%	-22.35%
ASB	3.2B	2.0B	4.09%	22.34%	17.64	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	405.4M	164.9M	-2.75%	45.78%	34.66	2.46	42.66%	-70.76%
AROW	375.3M	162.6M	-6.28%	5.24%	12.48	2.31	25.39%	-38.37%
ACNB	282.4M	96.6M	-5.74%	8.07%	8.91	2.92	11.02%	-11.37%
ASRV	47.8M	60.9M	1.82%	-1.75%	-14.3	0.79	24.06%	-144.92%

HBT Financial Inc News

Latest updates

HBT Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	4.0%	61.00	59.00	57.00	52.00	45.00	39.00	36.00	33.00	34.00	32.00	31.00	31.00	31.00	30.00	30.00	33.00	35.00	36.00	37.00	37.00	36.00
EBITDA Margin	-3.0%	1.23*	1.27*	1.32*	1.36*	1.47*	1.52*	1.53*	1.55*	1.58*	1.58*	1.55*	1.49*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.5%	47.00	48.00	49.00	47.00	42.00	37.00	34.00	32.00	33.00	31.00	30.00	29.00	29.00	29.00	29.00	31.00	32.00	33.00	34.00	34.00	-
Income Taxes	-8.1%	6.00	7.00	7.00	3.00	4.00	6.00	5.00	5.00	5.00	5.00	5.00	6.00	5.00	4.00	2.00	2.00	4.00	0.00	0.00	0.00	-
Earnings Before Taxes	-6.9%	25.00	27.00	25.00	12.00	18.00	21.00	19.00	18.00	19.00	19.00	18.00	21.00	17.00	14.00	10.00	8.00	21.00	18.00	15.00	19.00	-
EBT Margin	1.0%	0.39*	0.38*	0.39*	0.41*	0.50*	0.54*	0.55*	0.57*	0.60*	0.60*	0.58*	0.51*	-	-	-	-	-	-	-	-	-
Net Income	-6.4%	18.00	20.00	18.00	9.00	13.00	16.00	14.00	14.00	14.00	14.00	14.00	15.00	13.00	11.00	7.00	6.00	16.00	17.00	15.00	19.00	-
Net Income Margin	0.9%	0.29*	0.28*	0.29*	0.30*	0.37*	0.40*	0.41*	0.42*	0.44*	0.44*	0.43*	0.38*	-	-	-	-	-	-	-	-	-
Free Cashflow	-22.3%	13.00	17.00	15.00	21.00	23.00	18.00	10.00	21.00	16.00	3.00	17.00	6.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																			(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Assets	1.6%	5,073	4,992	4,976	5,014	4,287	4,213	4,224	4,349	4,314	3,948	3,954	3,866	3,667	3,535	3,501	3,213	3,245	3,167	3,250
Cash Equivalents	26.2%	141	112	110	177	114	78.00	160	359	409	472	546	430	312	237	314	265	284	155	187
Net PPE	0.7%	65.00	65.00	65.00	65.00	50.00	51.00	51.00	52.00	52.00	49.00	52.00	53.00	53.00	53.00	54.00	54.00	54.00	54.00	55.00
Goodwill	0%	60.00	60.00	60.00	60.00	29.00	29.00	29.00	29.00	29.00	6.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00
Liabilities	1.1%	4,584	4,536	4,525	4,564	3,913	3,854	3,850	3,966	3,902	3,569	3,580	3,508	3,303	3,180	3,154	2,873	2,912	2,818	2,909
Shareholder's Equity	7.3%	489	456	451	450	374	359	374	383	412	379	373	357	364	355	348	340	333	349	340
Retained Earnings	5.1%	269	256	242	229	232	223	213	203	194	185	175	166	155	146	140	136	134	311	315
Additional Paid-In Capital	0.1%	296	295	295	294	223	222	222	222	221	191	191	191	191	191	191	191	191	32.00	32.00
Shares Outstanding	-0.2%	32.00	32.00	32.00	32.00	29.00	29.00	29.00	29.00	28.00	27.00	27.00	27.00	-	-	-	-	-	-	-
Float	-	-	-	240	-	-	-	178	-	-	-	165	-	-	-	129	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-22.3%	12,983	16,715	14,641	21,490	23,480	18,311	9,556	21,239	16,327	3,082	17,139	6,475	36,328	7,545	-25,137	12,519	31,794	18,350	19,273	19,675	-
Share Based Compensation	-35.2%	394	608	434	517	347	349	352	901	226	228	181	129	88.00	100	96.00	67.00	-	-	-	-	-
Cashflow From Investing	8.3%	-28,630	-31,238	-32,506	225,037	-21,461	-92,591	-87,666	-133,405	-205,847	-68,412	29,870	-105,224	-70,643	-115,900	-217,157	23,250	43,779	77,320	24,260	-30,019	-
Cashflow From Financing	170.5%	44,986	16,628	-49,439	-183,574	33,925	-7,536	-120,838	61,877	126,859	-8,344	68,858	216,034	110,042	30,714	291,223	-54,304	53,457	-82,455	-62,309	-16,033	-
Dividend Payments	0.1%	5,445	5,442	5,478	5,508	4,631	4,638	4,655	4,660	4,381	4,124	4,124	4,124	4,129	4,129	4,130	4,130	169,999	9,366	9,752	35,839	-
Buy Backs	-17.1%	1,419	1,712	4,188	1,588	-	1,432	2,408	943	2,583	343	466	1,514	-	-	-	-	-	-	-	-	-

HBT Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loans, including fees:
Taxable	$ 191,008	$ 120,343	$ 103,900
Federally tax exempt	4,189	3,135	2,384
Securities:
Taxable	25,962	23,368	16,948
Federally tax exempt	4,225	4,569	4,400
Interest-bearing deposits in bank	3,020	1,541	527
Other interest and dividend income	595	98	64
Total interest and dividend income	228,999	153,054	128,223
INTEREST EXPENSE
Deposits	25,135	2,511	2,472
Securities sold under agreements to repurchase	255	36	34
Borrowings	7,128	967	9
Subordinated notes	1,879	1,879	1,879
Junior subordinated debentures issued to capital trusts	3,530	1,787	1,426
Total interest expense	37,927	7,180	5,820
Net interest income	191,072	145,874	122,403
PROVISION FOR CREDIT LOSSES	7,573	(706)	(8,077)
Net interest income after provision for credit losses	183,499	146,580	130,480
NONINTEREST INCOME
Mortgage servicing	4,678	2,609	2,825
Mortgage servicing rights fair value adjustment	(1,615)	2,153	1,690
Gains on sale of mortgage loans	1,526	1,461	5,846
Realized gains (losses) on sales of securities	(1,820)	0	0
Unrealized gains (losses) on equity securities	160	(414)	107
Gains (losses) on foreclosed assets	501	(314)	310
Gains (losses) on other assets	166	136	(723)
Income on bank owned life insurance	573	164	41
Other noninterest income	3,105	2,366	3,034
Total noninterest income	36,046	34,717	37,328
NONINTEREST EXPENSE
Salaries	67,453	51,767	48,972
Employee benefits	10,037	8,325	6,513
Occupancy of bank premises	9,918	7,673	6,788
Furniture and equipment	2,790	2,476	2,676
Data processing	12,352	7,441	7,329
Marketing and customer relations	5,043	3,803	3,376
Amortization of intangible assets	2,670	873	1,054
FDIC insurance	2,280	1,164	1,043
Loan collection and servicing	1,402	1,049	1,317
Foreclosed assets	251	293	908
Other noninterest expense	16,768	20,243	11,270
Total noninterest expense	130,964	105,107	91,246
INCOME BEFORE INCOME TAX EXPENSE	88,581	76,190	76,562
INCOME TAX EXPENSE	22,739	19,734	20,291
NET INCOME	$ 65,842	$ 56,456	$ 56,271
Earnings per share, basic (in dollars per share)	$ 2.08	$ 1.95	$ 2.02
Earnings per share, diluted (in dollars per share)	$ 2.07	$ 1.95	$ 2.02
Weighted average shares of common stock outstanding (in shares)	31,626,308	28,853,697	27,795,806
Card income
NONINTEREST INCOME
Revenue	$ 11,043	$ 10,329	$ 9,734
Wealth management fees
NONINTEREST INCOME
Revenue	9,883	9,155	8,384
Service charges on deposit accounts
NONINTEREST INCOME
Revenue	$ 7,846	$ 7,072	$ 6,080

HBT Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 26,256,000	$ 18,970,000
Interest-bearing deposits with banks	114,996,000	95,189,000
Cash and cash equivalents	141,252,000	114,159,000
Interest-bearing time deposits with banks	509,000	0
Debt securities available-for-sale, at fair value	759,461,000	843,524,000
Debt securities held-to-maturity (fair value of $466,496 at 2023 and $478,801 at 2022)	521,439,000	541,600,000
Equity securities with readily determinable fair value	3,360,000	3,029,000
Equity securities with no readily determinable fair value	2,505,000	1,977,000
Restricted stock, at cost	7,160,000	7,965,000
Loans held for sale	2,318,000	615,000
Loans, before allowance for credit losses	3,404,417,000	2,620,253,000
Allowance for credit losses	(40,048,000)	(25,333,000)
Loans, net of allowance for credit losses	3,364,369,000	2,594,920,000
Bank owned life insurance	23,905,000	7,557,000
Bank premises and equipment, net	65,150,000	50,469,000
Bank premises held for sale	0	235,000
Foreclosed assets	852,000	3,030,000
Goodwill	59,820,000	29,322,000
Intangible assets, net	20,682,000	1,070,000
Mortgage servicing rights, at fair value	19,001,000	10,147,000
Investments in unconsolidated subsidiaries	1,614,000	1,165,000
Accrued interest receivable	24,534,000	19,506,000
Other assets	55,239,000	56,444,000
Total assets	5,073,170,000	4,286,734,000
Deposits:
Noninterest-bearing	1,072,407,000	994,954,000
Interest-bearing	3,329,030,000	2,592,070,000
Total deposits	4,401,437,000	3,587,024,000
Securities sold under agreements to repurchase	42,442,000	43,081,000
Federal Home Loan Bank advances	12,623,000	160,000,000
Subordinated notes	39,474,000	39,395,000
Junior subordinated debentures issued to capital trusts	52,789,000	37,780,000
Other liabilities	34,909,000	45,822,000
Total liabilities	4,583,674,000	3,913,102,000
COMMITMENTS AND CONTINGENCIES (Note 22)
Stockholders' Equity
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value; 125,000,000 shares authorized; shares issued of 32,730,698 at 2023 and 29,308,491 at 2022; shares outstanding of 31,695,828 at 2023 and 28,752,626 at 2022	327,000	293,000
Surplus	295,877,000	222,783,000
Retained earnings	269,051,000	232,004,000
Accumulated other comprehensive income (loss)	(57,163,000)	(71,759,000)
Treasury stock at cost, 1,034,870 shares at 2023 and 555,865 at 2022	(18,596,000)	(9,689,000)
Total stockholders’ equity	489,496,000	373,632,000
Total liabilities and stockholders’ equity	$ 5,073,170,000	$ 4,286,734,000

About HBT Financial Inc

HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts. Its loan offering comprises owner and non-owner occupied commercial real estate; construction and land development and multi-family; commercial and industrial; agricultural and farmland; and one-to-four family residential loans, as well as municipal, consumer, and other loans. The company also offers wealth management services, including financial planning to consumers, trusts, and estates; trustee and custodial; investment management; corporate retirement plan consulting and administration; and retail brokerage services. In addition, it provides farmland management, and farmland sales and services; and treasury management services, as well as originates and sells residential mortgage loans. Further, the company offers digital banking services, such as online and mobile banking, and digital payment services, as well as personal financial management tools. 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.

CEO	Mr. J. Lance Carter
WEBSITE	https://ir.hbtfinancial.com
INDUSTRY	Banks Diversified
EMPLOYEES	711

HBT Financial Inc Frequently Asked Questions

What is the ticker symbol for HBT Financial Inc? What does HBT stand for in stocks?

HBT is the stock ticker symbol of HBT Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of HBT Financial Inc (HBT)?

As of Thu Apr 25 2024, market cap of HBT Financial Inc is 596.79 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HBT stock?

You can check HBT's fair value in chart for subscribers.

What is the fair value of HBT stock?

You can check HBT's fair value in chart for subscribers. The fair value of HBT Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of HBT Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HBT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is HBT Financial Inc a good stock to buy?

The fair value guage provides a quick view whether HBT is over valued or under valued. Whether HBT Financial Inc is cheap or expensive depends on the assumptions which impact HBT Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HBT.

What is HBT Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, HBT's PE ratio (Price to Earnings) is 9.06 and Price to Sales (PS) ratio is 2.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HBT PE ratio will change depending on the future growth rate expectations of investors.