HBT Financial (HBT) Financials

$26.69 +0.10 (+0.38%)

As of 01:06 PM Eastern

Annual Income Statements for HBT Financial

This table shows HBT Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	56	64	67	37	56	56	66	72
Consolidated Net Income / (Loss)	56	64	67	37	56	56	66	72
Net Income / (Loss) Continuing Operations	56	64	67	37	56	56	66	72
Total Pre-Tax Income	57	65	72	50	77	76	89	97
Total Revenue	154	161	167	152	160	181	227	224
Net Interest Income / (Expense)	121	129	134	118	122	146	191	189
Total Interest Income	128	137	144	124	128	153	229	252
Loans and Leases Interest Income	104	111	120	105	106	123	195	215
Investment Securities Interest Income	22	24	21	18	21	28	30	28
Deposits and Money Market Investments Interest Income	1.66	1.72	2.95	0.94	0.53	1.54	3.02	8.27
Other Interest Income	0.05	0.07	0.06	0.06	0.06	0.23	0.81	0.66
Total Interest Expense	6.60	7.99	9.94	6.46	5.82	7.18	38	63
Deposits Interest Expense	4.96	5.89	7.93	4.22	2.47	2.51	25	56
Long-Term Debt Interest Expense	1.59	2.06	1.93	2.19	3.31	4.63	13	6.21
Federal Funds Purchased and Securities Sold Interest Expense	0.05	0.05	0.07	0.05	0.03	0.04	0.26	0.59
Total Non-Interest Income	33	31	33	34	37	35	36	36
Other Service Charges	8.37	6.82	7.25	6.79	5.86	4.98	7.78	7.63
Net Realized & Unrealized Capital Gains on Investments	1.37	-0.34	5.27	8.94	5.54	0.87	0.53	-2.76
Other Non-Interest Income	23	25	20	19	26	29	28	31
Provision for Credit Losses	3.14	5.70	3.40	11	-8.08	-0.71	7.57	3.03
Total Non-Interest Expense	94	90	91	92	91	105	131	124
Salaries and Employee Benefits	57	56	59	58	55	60	77	76
Net Occupancy & Equipment Expense	16	16	15	16	17	18	25	23
Marketing Expense	4.52	4.21	3.87	3.48	3.38	3.80	5.04	4.32
Property & Liability Insurance Claims	0.96	0.94	0.20	0.71	1.04	1.16	2.28	2.25
Insurance Policy Acquisition Costs	-	-	2.63	1.76	1.32	1.05	1.40	2.06
Other Operating Expenses	14	12	8.76	11	12	21	17	13
Amortization Expense	1.92	1.56	1.42	1.23	1.05	0.87	2.67	2.84
Income Tax Expense	0.87	0.87	5.26	13	20	20	23	26
Basic Earnings per Share	$3.10	$3.54	$3.33	$1.34	$2.02	$1.95	$2.08	$2.27
Weighted Average Basic Shares Outstanding	18.07M	18.05M	20.09M	27.46M	27.80M	28.85M	31.63M	31.59M
Diluted Earnings per Share	$3.10	$3.54	$3.33	$1.34	$2.02	$1.95	$2.07	$2.26
Weighted Average Diluted Shares Outstanding	18.07M	18.05M	20.09M	27.46M	27.80M	32.15M	31.64M	31.56M
Weighted Average Basic & Diluted Shares Outstanding	18.07M	18.05M	20.09M	27.46M	27.80M	32.15M	31.64M	31.56M
Cash Dividends to Common per Share	$3.16	$2.36	$12.48	$0.60	$0.60	$0.64	$0.68	$0.76

This table shows HBT Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	13	9.21	18	20	18	15	18	18	20	19	19
Consolidated Net Income / (Loss)	13	9.21	18	20	18	15	18	18	20	19	19
Net Income / (Loss) Continuing Operations	13	9.21	18	20	18	15	18	18	20	19	19
Total Pre-Tax Income	18	12	25	27	25	21	25	25	27	26	26
Total Revenue	50	54	59	58	56	52	57	56	59	58	59
Net Interest Income / (Expense)	42	47	49	48	47	47	47	48	47	49	50
Total Interest Income	45	52	57	59	61	62	63	64	63	63	64
Loans and Leases Interest Income	37	43	48	51	53	53	53	55	54	55	54
Investment Securities Interest Income	7.47	7.81	7.68	7.38	7.10	6.80	6.84	6.96	7.19	7.41	7.89
Deposits and Money Market Investments Interest Income	0.50	0.74	0.78	0.71	0.79	1.95	2.57	2.23	1.52	1.07	1.54
Other Interest Income	0.18	0.12	0.12	0.24	0.34	0.19	0.14	0.15	0.30	0.13	0.11
Total Interest Expense	2.77	4.94	7.90	11	14	15	16	16	15	14	14
Deposits Interest Expense	0.85	2.37	4.32	7.21	11	14	14	15	14	13	13
Long-Term Debt Interest Expense	1.91	2.53	3.54	3.52	2.95	1.53	1.53	1.60	1.55	1.47	1.43
Federal Funds Purchased and Securities Sold Interest Expense	0.01	0.04	0.03	0.04	0.15	0.15	0.13	0.13	0.18	0.02	0.00
Total Non-Interest Income	7.89	7.44	9.91	9.49	9.21	5.63	9.61	8.71	12	9.31	9.14
Other Service Charges	1.19	1.84	2.13	1.91	1.90	2.00	1.81	1.97	1.85	1.79	1.82
Net Realized & Unrealized Capital Gains on Investments	0.12	-0.76	0.39	0.22	0.69	-3.65	0.32	0.55	0.02	0.33	0.37
Other Non-Interest Income	6.58	6.36	7.39	7.36	6.62	7.28	7.48	6.19	9.76	7.19	6.95
Provision for Credit Losses	-0.65	6.21	-0.23	0.48	1.11	0.53	1.18	0.60	0.73	0.58	0.53
Total Non-Interest Expense	33	36	34	31	30	31	31	31	31	32	32
Salaries and Employee Benefits	15	22	19	18	18	19	19	19	18	20	20
Net Occupancy & Equipment Expense	4.69	7.08	6.48	5.82	5.68	6.06	5.40	5.78	6.23	5.79	5.73
Marketing Expense	0.87	0.84	1.36	1.68	1.17	1.00	1.00	1.38	0.95	1.14	1.02
Property & Liability Insurance Claims	0.28	0.56	0.63	0.51	0.58	0.56	0.57	0.57	0.56	0.56	0.55
Insurance Policy Acquisition Costs	0.28	0.28	0.35	0.35	0.43	0.45	0.48	0.48	0.65	0.38	0.36
Other Operating Expenses	11	4.92	5.07	3.33	3.70	3.03	3.14	3.08	3.38	3.03	3.52
Amortization Expense	0.14	0.51	0.72	0.72	0.72	0.71	0.71	0.71	0.71	0.70	0.69
Income Tax Expense	4.48	2.92	6.57	6.90	6.34	5.26	6.88	6.33	7.13	6.43	7.13
Basic Earnings per Share	$0.45	$0.30	$0.58	$0.62	$0.58	$0.48	$0.57	$0.58	$0.64	$0.60	$0.61
Weighted Average Basic Shares Outstanding	28.85M	30.98M	31.98M	31.83M	31.63M	31.66M	31.58M	31.56M	31.59M	31.58M	31.51M
Diluted Earnings per Share	$0.45	$0.30	$0.58	$0.62	$0.57	$0.48	$0.57	$0.57	$0.64	$0.60	$0.61
Weighted Average Diluted Shares Outstanding	32.15M	32.04M	31.85M	31.71M	31.64M	31.59M	31.56M	31.56M	31.56M	31.50M	31.50M
Weighted Average Basic & Diluted Shares Outstanding	32.15M	32.04M	31.85M	31.71M	31.64M	31.59M	31.56M	31.56M	31.56M	31.50M	31.50M

This table details how cash moves in and out of HBT Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-73	21	97	28	97	-295	27	-3.56
Net Cash From Operating Activities	72	80	89	31	43	73	66	89
Net Cash From Continuing Operating Activities	72	80	89	31	43	73	66	89
Net Income / (Loss) Continuing Operations	56	64	67	37	56	56	66	72
Consolidated Net Income / (Loss)	56	64	67	37	56	56	66	72
Provision For Loan Losses	-	5.70	3.40	11	-8.08	-0.71	7.57	3.03
Depreciation Expense	3.29	3.22	2.71	2.94	3.07	3.04	3.11	2.94
Amortization Expense	7.90	6.67	1.15	1.40	-4.37	7.79	8.52	6.91
Non-Cash Adjustments to Reconcile Net Income	3.71	-0.33	-3.44	-7.75	12	-3.54	1.06	0.59
Changes in Operating Assets and Liabilities, net	1.08	0.94	18	-13	-16	9.54	-20	4.12
Net Cash From Investing Activities	-90	65	115	-380	-350	-335	133	32
Net Cash From Continuing Investing Activities	-90	65	115	-380	-350	-335	133	32
Purchase of Investment Securities	-379	-223	-93	-606	-570	-493	-188	-168
Sale of Property, Leasehold Improvements and Equipment	0.12	2.26	1.22	0.00	0.02	1.37	0.57	0.00
Sale and/or Maturity of Investments	289	286	207	225	220	156	320	200
Net Cash From Financing Activities	-55	-124	-107	378	403	-33	-171	-125
Net Cash From Continuing Financing Activities	-55	-124	-107	378	403	-33	-171	-125
Net Change in Deposits	-22	-60	-19	354	426	-151	94	-83
Issuance of Debt	29	0.00	0.00	39	0.00	160	0.00	0.91
Repayment of Debt	-4.00	-29	0.00	0.00	-13	0.00	-234	-0.70
Repurchase of Common Equity	0.00	-0.91	0.00	0.00	-4.91	-4.78	-8.91	-4.42
Payment of Dividends	-57	-43	-225	-17	-17	-19	-22	-24
Other Financing Activities, Net	-1.24	8.36	-1.76	1.30	11	-18	-0.82	-14
Cash Interest Paid	6.65	7.83	10	6.44	5.93	6.86	33	65
Cash Income Taxes Paid	0.89	0.85	0.88	17	21	20	21	24

This table details how cash moves in and out of HBT Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	36	63	-67	2.11	29	119	-65	-16	-42	74	-16
Net Cash From Operating Activities	23	21	15	17	13	27	20	26	17	30	14
Net Cash From Continuing Operating Activities	23	21	15	17	13	27	20	26	17	30	14
Net Income / (Loss) Continuing Operations	13	9.21	18	20	18	15	18	18	20	19	19
Consolidated Net Income / (Loss)	13	9.21	18	20	18	15	18	18	20	19	19
Provision For Loan Losses	-0.65	6.21	-0.23	0.48	1.11	0.53	1.18	0.60	0.73	0.58	0.53
Depreciation Expense	0.75	0.79	0.82	0.75	0.75	0.73	0.73	0.75	0.74	0.76	0.78
Amortization Expense	1.77	0.39	0.47	5.54	2.13	1.85	1.78	1.70	1.57	1.57	1.39
Non-Cash Adjustments to Reconcile Net Income	-1.30	-1.80	-1.54	2.49	1.92	2.51	1.07	-2.61	-0.38	-1.59	0.10
Changes in Operating Assets and Liabilities, net	9.77	6.69	-3.34	-12	-11	5.89	-3.03	6.90	-5.64	10	-8.47
Net Cash From Investing Activities	-21	225	-33	-31	-29	153	-34	3.61	-90	17	60
Net Cash From Continuing Investing Activities	-21	225	-33	-31	-29	153	-34	3.61	-90	17	60
Purchase of Investment Securities	-47	-19	-49	-55	-65	54	-25	2.30	-135	-35	26
Sale and/or Maturity of Investments	25	244	16	24	37	99	-9.52	1.31	45	52	35
Net Cash From Financing Activities	34	-184	-49	17	45	-61	-51	-45	31	27	-90
Net Cash From Continuing Financing Activities	34	-184	-49	17	45	-61	-51	-45	31	27	-90
Net Change in Deposits	-56	3.19	-146	34	203	-41	-42	-38	38	66	-78
Repurchase of Common Equity	-	-1.59	-4.19	-1.71	-1.42	-3.41	-1.01	-	-	0.00	-2.90
Payment of Dividends	-4.63	-5.51	-5.48	-5.44	-5.45	-6.07	-6.04	-6.03	-6.04	-6.67	-6.65
Other Financing Activities, Net	-5.05	-8.34	3.81	-9.83	14	-11	-2.53	-0.30	-0.06	-27	-2.14
Cash Interest Paid	2.01	4.90	6.91	9.97	11	16	15	17	17	15	14
Cash Income Taxes Paid	6.23	0.00	9.00	6.87	4.65	-0.75	11	7.53	6.55	0.00	14

This table presents HBT Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	3,250	3,245	3,667	4,314	4,287	5,073	5,033
Cash and Due from Banks	21	22	25	23	19	26	30
Interest Bearing Deposits at Other Banks	166	262	288	386	95	115	108
Trading Account Securities	805	685	996	1,284	1,390	1,287	1,204
Loans and Leases, Net of Allowance	0.00	0.00	2,215	2,476	2,595	3,364	3,424
Loans and Leases	-	-	2,247	2,500	2,620	3,404	3,466
Allowance for Loan and Lease Losses	-	-	32	24	25	40	42
Loans Held for Sale	2,127	2,146	15	2,481	0.62	2.32	1.59
Premises and Equipment, Net	55	54	53	52	50	65	67
Goodwill	24	24	24	29	29	60	60
Intangible Assets	5.45	4.03	2.80	1.94	1.07	21	18
Other Assets	48	48	49	56	106	132	121
Total Liabilities & Shareholders' Equity	3,250	3,245	3,667	4,314	4,287	5,073	5,033
Total Liabilities	2,909	2,912	3,303	3,902	3,913	4,584	4,488
Non-Interest Bearing Deposits	665	689	883	1,088	995	1,072	1,046
Interest Bearing Deposits	2,131	2,088	2,248	2,651	2,592	3,329	3,272
Short-Term Debt	46	44	46	61	43	42	29
Long-Term Debt	38	38	77	77	237	105	106
Other Long-Term Liabilities	29	53	49	26	46	35	35
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	340	333	364	412	374	489	545
Total Preferred & Common Equity	340	333	364	412	374	489	545
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	340	333	364	412	374	489	545
Common Stock	32	191	191	221	223	296	298
Retained Earnings	315	134	155	194	232	269	317
Treasury Stock	-3.02	-	0.00	-4.91	-9.69	-19	-23
Accumulated Other Comprehensive Income / (Loss)	-4.29	7.83	18	1.47	-72	-57	-47

This table presents HBT Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	4,224	4,213	5,014	4,976	4,992	5,041	5,006	4,991	5,092	5,018
Cash and Due from Banks	25	22	35	28	25	20	23	27	25	26
Interest Bearing Deposits at Other Banks	135	56	142	82	87	240	173	153	187	170
Trading Account Securities	1,478	1,405	1,396	1,361	1,286	1,192	1,187	1,221	1,202	1,261
Loans and Leases, Net of Allowance	2,427	2,555	3,157	3,207	3,304	3,305	3,345	3,329	3,420	3,307
Loans and Leases	2,452	2,580	-	3,245	3,343	3,346	3,385	3,370	3,462	3,348
Allowance for Loan and Lease Losses	25	25	-3,157	38	39	41	41	41	42	42
Loans Held for Sale	5.31	2.30	5.13	8.83	3.56	3.48	0.86	2.96	2.72	2.32
Premises and Equipment, Net	51	51	65	65	65	65	66	66	67	69
Goodwill	29	29	60	60	60	60	60	60	60	60
Intangible Assets	1.45	1.21	23	22	21	20	19	19	17	16
Other Assets	71	91	3,287	142	140	134	133	114	111	108
Total Liabilities & Shareholders' Equity	4,224	4,213	5,014	4,976	4,992	5,041	5,006	4,991	5,092	5,018
Total Liabilities	3,850	3,854	4,564	4,525	4,536	4,544	4,497	4,453	4,527	4,438
Non-Interest Bearing Deposits	1,029	1,018	1,219	1,126	1,087	1,047	1,046	1,008	1,066	1,034
Interest Bearing Deposits	2,673	2,626	3,092	3,039	3,111	3,314	3,273	3,272	3,319	3,272
Short-Term Debt	51	48	35	39	29	32	29	29	2.70	0.56
Long-Term Debt	77	137	167	270	270	105	106	106	100	100
Other Long-Term Liabilities	20	26	51	52	39	46	43	38	40	31
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	374	359	450	451	456	497	509	538	565	581
Total Preferred & Common Equity	374	359	450	451	456	497	509	538	565	581
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	374	359	450	451	456	497	509	538	565	581
Common Stock	222	223	295	295	296	296	297	297	297	298
Retained Earnings	213	223	229	242	256	278	290	303	329	342
Treasury Stock	-8.26	-9.69	-11	-15	-17	-22	-23	-23	-23	-26
Accumulated Other Comprehensive Income / (Loss)	-53	-77	-62	-71	-78	-56	-55	-39	-38	-33

This table displays calculated financial ratios and metrics derived from HBT Financial's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	4.22%	3.65%	-8.70%	5.04%	13.06%	25.76%	-1.19%
EBITDA Growth	0.00%	9.37%	1.90%	-29.03%	39.60%	15.62%	15.14%	7.02%
EBIT Growth	0.00%	13.51%	11.53%	-31.26%	54.44%	-0.49%	16.26%	9.94%
NOPAT Growth	0.00%	13.72%	4.81%	-44.90%	52.72%	0.33%	16.63%	9.02%
Net Income Growth	0.00%	13.72%	4.81%	-44.90%	52.72%	0.33%	16.63%	9.02%
EPS Growth	0.00%	14.19%	-5.93%	-59.76%	50.75%	-3.47%	6.15%	9.18%
Operating Cash Flow Growth	0.00%	10.98%	11.37%	-64.92%	37.65%	68.71%	-9.31%	35.76%
Free Cash Flow Firm Growth	0.00%	0.00%	121.10%	-145.71%	78.83%	-542.45%	275.41%	-64.54%
Invested Capital Growth	0.00%	0.00%	-2.16%	17.26%	13.08%	18.85%	-2.61%	6.66%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	1.51%	24.34%	4.55%	2.81%	1.24%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	2.36%	44.47%	14.71%	8.12%	9.47%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	2.61%	67.38%	-1.37%	8.81%	2.75%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-8.55%	1.72%	-0.80%	8.77%	2.61%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-8.55%	1.72%	-0.80%	8.77%	2.61%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-3.60%	0.50%	-1.02%	6.15%	3.20%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	10.10%	16.97%	-31.74%	10.93%	-13.75%	5.05%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-125.26%	-389.24%	155.22%	-80.72%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	1.88%	9.21%	20.12%	-15.66%	1.00%
Profitability Metrics	-	-	-	-	-	-	-	-
EBITDA Margin	44.22%	46.40%	45.62%	35.46%	47.12%	48.19%	44.12%	47.78%
EBIT Margin	36.95%	40.25%	43.30%	32.60%	47.93%	42.19%	39.00%	43.39%
Profit (Net Income) Margin	36.39%	39.71%	40.15%	24.23%	35.23%	31.26%	28.99%	31.98%
Tax Burden Percent	98.47%	98.66%	92.71%	74.32%	73.50%	74.10%	74.33%	73.71%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	1.53%	1.34%	7.29%	25.68%	26.50%	25.90%	25.67%	26.29%
Return on Invested Capital (ROIC)	0.00%	30.09%	15.94%	8.17%	10.86%	9.38%	10.20%	10.91%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	30.09%	15.94%	8.17%	10.86%	9.38%	10.20%	10.91%
Return on Net Nonoperating Assets (RNNOA)	0.00%	7.40%	3.92%	2.40%	3.65%	5.00%	5.05%	2.97%
Return on Equity (ROE)	0.00%	37.49%	19.86%	10.58%	14.51%	14.37%	15.26%	13.88%
Cash Return on Invested Capital (CROIC)	0.00%	-169.91%	18.13%	-7.71%	-1.42%	-7.85%	12.85%	4.47%
Operating Return on Assets (OROA)	0.00%	1.99%	2.22%	1.43%	1.92%	1.77%	1.89%	1.93%
Return on Assets (ROA)	0.00%	1.96%	2.06%	1.07%	1.41%	1.31%	1.41%	1.42%
Return on Common Equity (ROCE)	0.00%	37.49%	19.86%	10.58%	14.51%	14.37%	15.26%	13.88%
Return on Equity Simple (ROE_SIMPLE)	0.00%	18.74%	20.08%	10.12%	13.66%	15.11%	13.45%	13.18%
Net Operating Profit after Tax (NOPAT)	56	64	67	37	56	56	66	72
NOPAT Margin	36.39%	39.71%	40.15%	24.23%	35.23%	31.26%	28.99%	31.98%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	50.21%	47.10%	46.84%	50.88%	47.36%	45.12%	47.37%	46.44%
Operating Expenses to Revenue	61.01%	56.21%	54.65%	60.47%	57.12%	58.20%	57.66%	55.26%
Earnings before Interest and Taxes (EBIT)	57	65	72	50	77	76	89	97
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	68	75	76	54	75	87	100	107
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.39	1.31	1.00	1.20	1.39	1.31	1.26
Price to Tangible Book Value (P/TBV)	0.00	0.43	1.43	1.08	1.30	1.51	1.56	1.47
Price to Revenue (P/Rev)	0.86	0.83	2.62	2.39	3.09	2.87	2.81	3.05
Price to Earnings (P/E)	2.37	2.08	6.53	9.88	8.77	9.19	9.70	9.54
Dividend Yield	0.00%	0.00%	0.00%	4.52%	3.53%	3.55%	3.37%	3.50%
Earnings Yield	42.25%	48.04%	15.31%	10.12%	11.40%	10.89%	10.31%	10.48%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.07	0.56	0.36	0.40	1.05	1.01	1.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.18	1.41	1.15	1.39	3.79	2.84	3.04
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.39	3.09	3.23	2.95	7.87	6.44	6.36
Enterprise Value to EBIT (EV/EBIT)	0.00	0.45	3.25	3.52	2.90	8.99	7.28	7.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.46	3.51	4.73	3.94	12.13	9.80	9.50
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.37	2.63	5.58	5.16	9.43	9.80	7.63
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	3.08	0.00	0.00	0.00	7.78	23.20
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.25	0.25	0.34	0.34	0.75	0.30	0.25
Long-Term Debt to Equity	0.00	0.11	0.11	0.21	0.19	0.63	0.21	0.19
Financial Leverage	0.00	0.25	0.25	0.29	0.34	0.53	0.50	0.27
Leverage Ratio	0.00	9.55	9.65	9.92	10.29	10.95	10.84	9.77
Compound Leverage Factor	0.00	9.55	9.65	9.92	10.29	10.95	10.84	9.77
Debt to Total Capital	0.00%	19.74%	19.77%	25.20%	25.14%	42.86%	23.13%	19.82%
Short-Term Debt to Total Capital	0.00%	10.89%	10.71%	9.40%	11.13%	6.59%	6.66%	4.27%
Long-Term Debt to Total Capital	0.00%	8.85%	9.06%	15.80%	14.00%	36.27%	16.47%	15.55%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	80.26%	80.23%	74.80%	74.86%	57.14%	76.87%	80.18%
Debt to EBITDA	0.00	1.12	1.08	2.27	1.84	3.22	1.47	1.26
Net Debt to EBITDA	0.00	-1.39	-2.66	-3.52	-3.61	1.91	0.06	-0.03
Long-Term Debt to EBITDA	0.00	0.50	0.49	1.43	1.02	2.73	1.05	0.99
Debt to NOPAT	0.00	1.31	1.23	3.33	2.46	4.96	2.24	1.88
Net Debt to NOPAT	0.00	-1.62	-3.02	-5.15	-4.82	2.94	0.09	-0.04
Long-Term Debt to NOPAT	0.00	0.59	0.56	2.09	1.37	4.20	1.59	1.47
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-360	76	-35	-7.36	-47	83	29
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	625,100.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-45.10	7.65	-5.38	-1.26	-6.58	2.19	0.47
Operating Cash Flow to Interest Expense	10.93	10.01	8.97	4.84	7.39	10.11	1.74	1.42
Operating Cash Flow Less CapEx to Interest Expense	10.95	10.29	9.09	4.84	7.40	10.30	1.75	1.42
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.05	0.05	0.04	0.04	0.04	0.05	0.04
Fixed Asset Turnover	0.00	2.94	3.06	2.85	3.03	3.51	3.93	3.40
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	424	415	487	550	654	637	679
Invested Capital Turnover	0.00	0.76	0.40	0.34	0.31	0.30	0.35	0.34
Increase / (Decrease) in Invested Capital	0.00	424	-9.17	72	64	104	-17	42
Enterprise Value (EV)	0.00	29	234	174	222	685	645	682
Market Capitalization	133	133	437	364	493	519	639	685
Book Value per Share	$0.00	$18.86	$12.12	$13.25	$14.18	$12.99	$15.44	$17.26
Tangible Book Value per Share	$0.00	$17.25	$11.12	$12.29	$13.10	$11.94	$12.90	$14.80
Total Capital	0.00	424	415	487	550	654	637	679
Total Debt	0.00	84	82	123	138	280	147	135
Total Long-Term Debt	0.00	38	38	77	77	237	105	106
Net Debt	0.00	-103	-202	-190	-271	166	6.08	-3.09
Capital Expenditures (CapEx)	-0.12	-2.26	-1.17	0.01	-0.02	-1.37	-0.57	-0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	0.00	84	82	123	138	280	147	135
Total Depreciation and Amortization (D&A)	11	9.89	3.86	4.34	-1.29	11	12	9.86
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$3.33	$1.34	$2.02	$1.95	$2.08	$2.27
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	27.46M	27.41M	28.99M	28.85M	31.63M	31.59M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$3.33	$1.34	$2.02	$1.95	$2.07	$2.26
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	27.46M	27.41M	28.99M	28.92M	31.64M	31.56M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	20.09M	27.46M	27.80M	32.15M	31.64M	31.56M
Normalized Net Operating Profit after Tax (NOPAT)	56	64	67	37	56	56	66	72
Normalized NOPAT Margin	36.39%	39.71%	40.15%	24.23%	35.23%	31.26%	28.99%	31.98%
Pre Tax Income Margin	36.95%	40.25%	43.30%	32.60%	47.93%	42.19%	39.00%	43.39%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.64	8.09	7.26	7.67	13.16	10.61	2.34	1.55
NOPAT to Interest Expense	8.51	7.98	6.73	5.70	9.67	7.86	1.74	1.14
EBIT Less CapEx to Interest Expense	8.66	8.38	7.38	7.67	13.16	10.80	2.35	1.55
NOPAT Less CapEx to Interest Expense	8.53	8.27	6.85	5.70	9.67	8.05	1.75	1.14
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	101.72%	66.81%	336.43%	44.83%	29.77%	32.92%	33.22%	33.69%
Augmented Payout Ratio	101.72%	68.23%	336.43%	44.83%	38.49%	41.39%	46.75%	39.85%

This table displays calculated financial ratios and metrics derived from HBT Financial's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.62%	29.31%	36.95%	26.62%	12.42%	-3.61%	-3.65%	-2.30%	4.87%	10.90%	3.81%
EBITDA Growth	124.41%	-31.82%	30.78%	20.82%	37.38%	73.52%	4.34%	-18.06%	7.39%	20.48%	19.39%
EBIT Growth	-5.68%	-34.06%	32.24%	25.32%	40.73%	69.15%	-0.36%	-7.91%	10.52%	24.29%	5.63%
NOPAT Growth	-3.34%	-32.31%	31.15%	26.16%	40.38%	65.70%	-2.18%	-7.79%	9.90%	25.02%	6.42%
Net Income Growth	-3.34%	-32.31%	31.15%	26.16%	40.38%	65.70%	-2.18%	-7.79%	9.90%	25.02%	6.42%
EPS Growth	-4.26%	-36.17%	18.37%	14.81%	26.67%	60.00%	-1.72%	-8.06%	12.28%	25.00%	7.02%
Operating Cash Flow Growth	43.81%	1.18%	53.21%	-8.72%	-44.71%	24.58%	35.22%	52.68%	33.12%	13.70%	-31.54%
Free Cash Flow Firm Growth	-81.04%	-524.63%	-2,757.09%	-665.66%	139.20%	125.78%	155.49%	152.74%	-162.27%	-143.34%	-112.88%
Invested Capital Growth	18.85%	27.65%	51.26%	38.70%	-2.61%	-2.88%	-15.08%	-10.93%	6.66%	5.34%	5.63%
Revenue Q/Q Growth	9.75%	8.39%	8.31%	-1.73%	-2.56%	-7.06%	8.27%	-0.35%	4.59%	-1.72%	1.35%
EBITDA Q/Q Growth	-26.07%	-33.88%	97.74%	25.00%	-15.93%	13.05%	18.90%	-1.84%	10.18%	-6.31%	2.50%
EBIT Q/Q Growth	-17.07%	-31.13%	106.44%	6.29%	-6.87%	-17.23%	21.61%	-1.76%	11.77%	-6.92%	3.35%
NOPAT Q/Q Growth	-15.91%	-29.92%	100.62%	6.72%	-6.44%	-17.28%	18.43%	0.61%	11.51%	-5.90%	0.81%
Net Income Q/Q Growth	-15.91%	-29.92%	100.62%	6.72%	-6.44%	-17.28%	18.43%	0.61%	11.51%	-5.90%	0.81%
EPS Q/Q Growth	-16.67%	-33.33%	93.33%	6.90%	-8.06%	-15.79%	18.75%	0.00%	12.28%	-6.25%	1.67%
Operating Cash Flow Q/Q Growth	28.23%	-8.48%	-31.87%	14.17%	-22.33%	106.21%	-26.05%	28.91%	-32.28%	76.13%	-55.48%
Free Cash Flow Firm Q/Q Growth	-263.17%	-45.83%	-80.83%	20.05%	118.59%	-4.11%	289.27%	-24.02%	-121.95%	33.25%	-15.66%
Invested Capital Q/Q Growth	20.12%	-0.23%	16.40%	-0.57%	-15.66%	-0.51%	1.78%	4.28%	1.00%	-1.74%	2.06%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	40.21%	24.53%	44.78%	56.96%	49.14%	44.16%	48.50%	47.77%	50.33%	47.97%	48.52%
EBIT Margin	35.18%	22.35%	42.60%	46.08%	44.04%	39.22%	44.06%	43.43%	46.41%	43.96%	44.83%
Profit (Net Income) Margin	26.24%	16.97%	31.42%	34.13%	32.77%	29.17%	31.90%	32.21%	34.34%	32.88%	32.71%
Tax Burden Percent	74.60%	75.90%	73.77%	74.07%	74.41%	74.36%	72.42%	74.16%	73.99%	74.80%	72.96%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	25.40%	24.10%	26.23%	25.93%	25.59%	25.64%	27.58%	25.84%	26.01%	25.20%	27.04%
Return on Invested Capital (ROIC)	7.87%	5.63%	10.40%	11.60%	11.53%	10.21%	10.13%	10.00%	11.71%	11.63%	11.46%
ROIC Less NNEP Spread (ROIC-NNEP)	7.87%	5.63%	10.40%	11.60%	11.53%	10.21%	10.13%	10.00%	11.71%	11.63%	11.46%
Return on Net Nonoperating Assets (RNNOA)	4.19%	2.23%	5.51%	6.89%	5.71%	3.66%	4.68%	4.36%	3.19%	2.62%	2.48%
Return on Equity (ROE)	12.07%	7.86%	15.91%	18.49%	17.25%	13.87%	14.82%	14.37%	14.91%	14.25%	13.93%
Cash Return on Invested Capital (CROIC)	-7.85%	-15.34%	-31.85%	-23.11%	12.85%	14.10%	26.49%	21.36%	4.47%	6.42%	6.10%
Operating Return on Assets (OROA)	1.48%	0.92%	1.93%	2.21%	2.14%	1.76%	1.97%	1.93%	2.06%	2.00%	2.08%
Return on Assets (ROA)	1.10%	0.70%	1.43%	1.64%	1.59%	1.31%	1.43%	1.43%	1.53%	1.49%	1.52%
Return on Common Equity (ROCE)	12.07%	7.86%	15.91%	18.49%	17.25%	13.87%	14.82%	14.37%	14.91%	14.25%	13.93%
Return on Equity Simple (ROE_SIMPLE)	0.00%	11.57%	12.52%	13.27%	0.00%	14.47%	14.03%	13.01%	0.00%	13.38%	13.21%
Net Operating Profit after Tax (NOPAT)	13	9.21	18	20	18	15	18	18	20	19	19
NOPAT Margin	26.24%	16.97%	31.42%	34.13%	32.77%	29.17%	31.90%	32.21%	34.34%	32.88%	32.71%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	41.87%	54.66%	46.27%	44.59%	44.35%	50.68%	45.23%	46.92%	43.39%	47.00%	45.55%
Operating Expenses to Revenue	66.12%	66.21%	57.79%	53.09%	53.98%	59.77%	53.87%	55.50%	52.36%	55.05%	54.28%
Earnings before Interest and Taxes (EBIT)	18	12	25	27	25	21	25	25	27	26	26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	20	13	26	33	28	23	27	27	30	28	29
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.39	1.33	1.25	1.23	1.31	1.19	1.25	1.28	1.26	1.25	1.37
Price to Tangible Book Value (P/TBV)	1.51	1.63	1.53	1.49	1.56	1.42	1.49	1.50	1.47	1.45	1.57
Price to Revenue (P/Rev)	2.87	3.11	2.70	2.53	2.81	2.63	2.87	3.11	3.05	3.07	3.42
Price to Earnings (P/E)	9.19	11.51	9.99	9.24	9.70	8.22	8.94	9.87	9.54	9.36	10.34
Dividend Yield	3.55%	3.49%	3.75%	3.82%	3.37%	3.75%	3.56%	3.38%	3.50%	3.48%	3.17%
Earnings Yield	10.89%	8.69%	10.01%	10.82%	10.31%	12.16%	11.18%	10.13%	10.48%	10.69%	9.67%
Enterprise Value to Invested Capital (EV/IC)	1.05	0.96	1.00	0.99	1.01	0.74	0.90	0.96	1.00	0.90	1.03
Enterprise Value to Revenue (EV/Rev)	3.79	3.24	3.65	3.38	2.84	2.08	2.60	2.91	3.04	2.60	3.01
Enterprise Value to EBITDA (EV/EBITDA)	7.87	7.72	8.77	8.05	6.44	4.55	5.58	6.59	6.36	5.34	5.99
Enterprise Value to EBIT (EV/EBIT)	8.99	8.93	10.03	9.17	7.28	4.82	5.98	6.81	7.00	5.84	6.73
Enterprise Value to NOPAT (EV/NOPAT)	12.13	11.99	13.51	12.33	9.80	6.51	8.10	9.23	9.50	7.91	9.10
Enterprise Value to Operating Cash Flow (EV/OCF)	9.43	8.57	9.79	9.78	9.80	6.58	7.60	7.59	7.63	6.43	8.05
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	7.78	5.16	3.12	4.23	23.20	14.32	17.27
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.75	0.45	0.68	0.65	0.30	0.28	0.27	0.25	0.25	0.18	0.17
Long-Term Debt to Equity	0.63	0.37	0.60	0.59	0.21	0.21	0.21	0.20	0.19	0.18	0.17
Financial Leverage	0.53	0.40	0.53	0.59	0.50	0.36	0.46	0.44	0.27	0.23	0.22
Leverage Ratio	10.95	11.24	11.16	11.29	10.84	10.62	10.39	10.04	9.77	9.54	9.19
Compound Leverage Factor	10.95	11.24	11.16	11.29	10.84	10.62	10.39	10.04	9.77	9.54	9.19
Debt to Total Capital	42.86%	31.00%	40.63%	39.57%	23.13%	21.61%	21.00%	20.05%	19.82%	15.33%	14.72%
Short-Term Debt to Total Capital	6.59%	5.35%	5.10%	3.83%	6.66%	5.03%	4.55%	4.32%	4.27%	0.40%	0.08%
Long-Term Debt to Total Capital	36.27%	25.65%	35.53%	35.74%	16.47%	16.58%	16.45%	15.73%	15.55%	14.93%	14.64%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	57.14%	69.00%	59.37%	60.43%	76.87%	78.39%	79.00%	79.95%	80.18%	84.67%	85.28%
Debt to EBITDA	3.22	2.50	3.55	3.22	1.47	1.33	1.30	1.38	1.26	0.91	0.86
Net Debt to EBITDA	1.91	0.31	2.28	2.02	0.06	-1.20	-0.58	-0.46	-0.03	-0.98	-0.82
Long-Term Debt to EBITDA	2.73	2.07	3.10	2.91	1.05	1.02	1.02	1.08	0.99	0.89	0.86
Debt to NOPAT	4.96	3.89	5.47	4.94	2.24	1.90	1.89	1.93	1.88	1.35	1.31
Net Debt to NOPAT	2.94	0.48	3.52	3.09	0.09	-1.72	-0.84	-0.64	-0.04	-1.45	-1.24
Long-Term Debt to NOPAT	4.20	3.21	4.78	4.46	1.59	1.46	1.48	1.51	1.47	1.32	1.30
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-91	-132	-239	-191	36	34	133	101	-22	-15	-17
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-32.76	-26.73	-30.25	-17.75	2.48	2.23	8.39	6.15	-1.44	-1.02	-1.20
Operating Cash Flow to Interest Expense	8.49	4.35	1.85	1.55	0.91	1.75	1.25	1.56	1.12	2.11	0.95
Operating Cash Flow Less CapEx to Interest Expense	8.52	4.35	1.91	1.56	0.91	1.75	1.25	1.56	1.12	2.12	0.95
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.05	0.05
Fixed Asset Turnover	3.51	3.29	3.59	3.82	3.93	3.47	3.41	3.39	3.40	3.49	3.46
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	654	652	759	755	637	634	645	672	679	667	681
Invested Capital Turnover	0.30	0.33	0.33	0.34	0.35	0.35	0.32	0.31	0.34	0.35	0.35
Increase / (Decrease) in Invested Capital	104	141	257	211	-17	-19	-114	-83	42	34	36
Enterprise Value (EV)	685	624	763	746	645	468	579	646	682	598	699
Market Capitalization	519	599	564	559	639	591	639	691	685	707	794
Book Value per Share	$12.99	$14.00	$14.07	$14.33	$15.44	$15.70	$16.13	$17.04	$17.26	$17.90	$18.44
Tangible Book Value per Share	$11.94	$11.43	$11.51	$11.78	$12.90	$13.17	$13.62	$14.55	$14.80	$15.47	$16.02
Total Capital	654	652	759	755	637	634	645	672	679	667	681
Total Debt	280	202	308	299	147	137	135	135	135	102	100
Total Long-Term Debt	237	167	270	270	105	105	106	106	106	100	100
Net Debt	166	25	199	187	6.08	-123	-60	-45	-3.09	-109	-95
Capital Expenditures (CapEx)	-0.07	-0.01	-0.45	-0.07	-0.04	0.00	0.00	0.00	-0.00	-0.19	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	280	202	308	299	147	137	135	135	135	102	100
Total Depreciation and Amortization (D&A)	2.52	1.18	1.28	6.29	2.87	2.58	2.52	2.45	2.31	2.33	2.17
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.45	$0.30	$0.58	$0.62	$0.58	$0.48	$0.57	$0.58	$0.64	$0.60	$0.61
Adjusted Weighted Average Basic Shares Outstanding	28.85M	30.98M	31.98M	31.83M	31.63M	31.66M	31.58M	31.56M	31.59M	31.58M	31.51M
Adjusted Diluted Earnings per Share	$0.45	$0.30	$0.58	$0.62	$0.57	$0.48	$0.57	$0.57	$0.64	$0.60	$0.61
Adjusted Weighted Average Diluted Shares Outstanding	32.15M	31.05M	32.08M	31.71M	31.64M	31.59M	31.56M	31.56M	31.56M	31.50M	31.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	32.15M	32.04M	31.85M	31.71M	31.64M	31.59M	31.56M	31.56M	31.56M	31.50M	31.50M
Normalized Net Operating Profit after Tax (NOPAT)	13	9.21	18	20	18	15	18	18	20	19	19
Normalized NOPAT Margin	26.24%	16.97%	31.42%	34.13%	32.77%	29.17%	31.90%	32.21%	34.34%	32.88%	32.71%
Pre Tax Income Margin	35.18%	22.35%	42.60%	46.08%	44.04%	39.22%	44.06%	43.43%	46.41%	43.96%	44.83%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.37	2.45	3.17	2.47	1.73	1.34	1.58	1.50	1.78	1.77	1.85
NOPAT to Interest Expense	4.75	1.86	2.34	1.83	1.29	1.00	1.14	1.11	1.32	1.32	1.35
EBIT Less CapEx to Interest Expense	6.39	2.46	3.23	2.48	1.73	1.34	1.58	1.50	1.78	1.78	1.85
NOPAT Less CapEx to Interest Expense	4.78	1.86	2.40	1.84	1.29	1.00	1.14	1.11	1.32	1.33	1.35
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	32.92%	37.33%	35.88%	34.79%	33.22%	31.21%	32.17%	33.72%	33.69%	32.78%	33.08%
Augmented Payout Ratio	41.39%	47.75%	48.65%	47.16%	46.75%	46.13%	42.73%	42.07%	39.85%	34.12%	36.86%

Key Financial Trends

HBT Financial, Inc. has demonstrated steady growth in key financial metrics over the past four years, with notable trends observed in income, cash flows, and balance sheet strength.

Positive Developments:

Net Income has increased consistently, reaching $19.2 million in Q2 2025, up from $13.1 million in Q4 2022 and $9.2 million in Q1 2023, reflecting improved profitability.
Net Interest Income has grown from approximately $42.2 million in Q4 2022 to $49.7 million in Q2 2025, highlighting effective interest margin management.
Total Revenue slightly increased to $58.8 million in Q2 2025, up from $50.1 million in Q4 2022, supported by growth in both interest and non-interest income.
HBT's Total Assets have grown steadily, reaching $5.02 billion in Q2 2025, indicating expansion of the bank's asset base.
Allowance for Loan and Lease Losses as a percentage of loans has remained stable, suggesting prudent credit risk management despite loan growth.
Cash and Due from Banks increased from about $25.5 million in Q2 2022 to $25.6 million in Q2 2025, showing liquidity maintenance.
Consistent dividend payments have been made, with dividends per share increasing from $0.16 in early 2023 to $0.21 in Q1 2025, indicating shareholder returns expansion.
Operating cash flow remains positive with $13.6 million in Q2 2025, supporting ongoing operations and growth investments.

Neutral Factors:

Amortization and depreciation expenses have increased moderately as assets have grown, reflecting investments in intangible and fixed assets.
Weighted average shares outstanding have stayed relatively consistent near 31.4 million, causing EPS growth to correlate primarily with earnings performance rather than share dilution or repurchases.

Areas of Concern:

Net Cash From Financing Activities swung significantly negative to -$89.7 million in Q2 2025, driven mainly by a $78.1 million net decrease in deposits, which could indicate depositor withdrawals or changes in funding mix.
Provision for Loan Losses spiked to $1.17 million in Q2 2024 but has since decreased to $526,000 in Q2 2025; although improving, elevated provisions indicate some credit risk pressures during the period.
Total Non-Interest Expense has risen to $31.9 million in Q2 2025 from about $23.8 million in Q2 2022, signaling rising costs that may pressure operating margins if not controlled.
Other Long-Term Liabilities jumped notably over the period from about $19.9 million in Q2 2022 to $30.7 million in Q2 2025, which warrants monitoring for potential future liabilities.
Accumulated Other Comprehensive Losses (AOCI) increased to -$32.7 million in Q2 2025 from -$52.8 million in Q2 2022, reflecting unrealized losses that could affect equity through market fluctuations.

Summary: HBT Financial shows solid earnings growth, expanding assets, and consistent dividends, which are positive signals for investors. However, recent declines in deposit balances and rising non-interest expenses pose risks that require monitoring. The company’s ability to manage credit risks and contain operating costs will be key to sustaining current profitability trends. Overall, HBT Financial appears financially stable with growth momentum, balanced by some caution on funding and expenses.

08/29/25 12:06 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About HBT Financial's Financials

When does HBT Financial's financial year end?

According to the most recent income statement we have on file, HBT Financial's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has HBT Financial's net income changed over the last 7 years?

HBT Financial's net income appears to be on an upward trend, with a most recent value of $71.78 million in 2024, rising from $56.10 million in 2017. The previous period was $65.84 million in 2023. Check out HBT Financial's forecast to explore projected trends and price targets.

How has HBT Financial's revenue changed over the last 7 years?

Over the last 7 years, HBT Financial's total revenue changed from $154.17 million in 2017 to $224.42 million in 2024, a change of 45.6%.

How much debt does HBT Financial have?

HBT Financial's total liabilities were at $4.49 billion at the end of 2024, a 2.1% decrease from 2023, and a 54.3% increase since 2018.

How much cash does HBT Financial have?

In the past 6 years, HBT Financial's cash and equivalents has ranged from $18.97 million in 2022 to $29.55 million in 2024, and is currently $29.55 million as of their latest financial filing in 2024.

How has HBT Financial's book value per share changed over the last 7 years?

Over the last 7 years, HBT Financial's book value per share changed from 0.00 in 2017 to 17.26 in 2024, a change of 1,725.7%.

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This page (NASDAQ:HBT) was last updated on 8/29/2025 by MarketBeat.com Staff

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HBT Financial (HBT) Financials

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HBT Financial (HBT) Financials

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