HBT Financial (HBT) Financials

$23.72 -0.14 (-0.59%)

As of 11:38 AM 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	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	56	66	72
Consolidated Net Income / (Loss)	56	66	72
Net Income / (Loss) Continuing Operations	56	66	72
Total Pre-Tax Income	76	89	97
Total Revenue	181	227	224
Net Interest Income / (Expense)	146	191	189
Total Interest Income	153	229	252
Loans and Leases Interest Income	123	195	215
Investment Securities Interest Income	28	30	28
Deposits and Money Market Investments Interest Income	1.54	3.02	8.27
Other Interest Income	0.23	0.81	0.66
Total Interest Expense	7.18	38	63
Deposits Interest Expense	2.51	25	56
Long-Term Debt Interest Expense	4.63	13	6.21
Federal Funds Purchased and Securities Sold Interest Expense	0.04	0.26	0.59
Total Non-Interest Income	35	36	36
Other Service Charges	4.98	7.78	7.63
Net Realized & Unrealized Capital Gains on Investments	0.87	0.53	-2.76
Other Non-Interest Income	29	28	31
Provision for Credit Losses	-0.71	7.57	3.03
Total Non-Interest Expense	105	131	124
Salaries and Employee Benefits	60	77	76
Net Occupancy & Equipment Expense	18	25	23
Marketing Expense	3.80	5.04	4.32
Property & Liability Insurance Claims	1.16	2.28	2.25
Insurance Policy Acquisition Costs	1.05	1.40	2.06
Other Operating Expenses	21	17	13
Amortization Expense	0.87	2.67	2.84
Income Tax Expense	20	23	26
Basic Earnings per Share	$1.95	$2.08	$2.27
Weighted Average Basic Shares Outstanding	28.85M	31.63M	31.59M
Diluted Earnings per Share	$1.95	$2.07	$2.26
Weighted Average Diluted Shares Outstanding	32.15M	31.64M	31.56M
Weighted Average Basic & Diluted Shares Outstanding	32.15M	31.64M	31.56M
Cash Dividends to Common per Share	$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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	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
Net Income / (Loss) Attributable to Common Shareholders	16	13	9.21	18	20	18	15	18	18	20
Consolidated Net Income / (Loss)	16	13	9.21	18	20	18	15	18	18	20
Net Income / (Loss) Continuing Operations	16	13	9.21	18	20	18	15	18	18	20
Total Pre-Tax Income	21	18	12	25	27	25	21	25	25	27
Total Revenue	46	50	54	59	58	56	52	57	56	59
Net Interest Income / (Expense)	37	42	47	49	48	47	47	47	48	47
Total Interest Income	39	45	52	57	59	61	62	63	64	63
Loans and Leases Interest Income	31	37	43	48	51	53	53	53	55	54
Investment Securities Interest Income	7.84	7.47	7.81	7.68	7.38	7.10	6.85	6.91	6.96	7.19
Deposits and Money Market Investments Interest Income	0.46	0.50	0.74	0.78	0.71	0.79	1.95	2.57	2.23	1.52
Other Interest Income	0.02	0.18	0.12	0.12	0.24	0.34	0.14	0.07	0.15	0.30
Total Interest Expense	1.62	2.77	4.94	7.90	11	14	15	16	16	15
Deposits Interest Expense	0.59	0.85	2.37	4.32	7.21	11	14	14	15	14
Long-Term Debt Interest Expense	1.03	1.91	2.53	3.54	3.52	2.95	1.53	1.53	1.60	1.55
Federal Funds Purchased and Securities Sold Interest Expense	0.01	0.01	0.04	0.03	0.04	0.15	0.15	0.13	0.13	0.18
Total Non-Interest Income	8.23	7.89	7.44	9.91	9.49	9.21	5.63	9.61	8.71	12
Other Service Charges	1.30	1.19	1.84	2.13	1.91	1.90	2.00	1.81	1.97	1.85
Net Realized & Unrealized Capital Gains on Investments	-0.01	0.12	-0.76	0.39	0.22	0.69	-3.65	0.32	0.55	0.02
Other Non-Interest Income	6.95	6.58	6.36	7.39	7.36	6.62	7.28	7.48	6.19	9.76
Provision for Credit Losses	0.39	-0.65	6.21	-0.23	0.48	1.11	0.53	1.18	0.60	0.73
Total Non-Interest Expense	24	33	36	34	31	30	31	31	31	31
Salaries and Employee Benefits	15	15	22	19	18	18	19	19	19	18
Net Occupancy & Equipment Expense	4.28	4.69	7.08	6.48	5.82	5.68	6.06	5.40	5.78	6.23
Marketing Expense	0.88	0.87	0.84	1.36	1.68	1.17	1.00	1.00	1.38	0.95
Property & Liability Insurance Claims	0.30	0.28	0.56	0.63	0.51	0.58	0.56	0.57	0.57	0.56
Insurance Policy Acquisition Costs	0.34	0.28	0.28	0.35	0.35	0.43	0.45	0.48	0.48	0.65
Other Operating Expenses	3.44	11	4.92	5.07	3.33	3.70	3.03	3.14	3.08	3.38
Amortization Expense	0.24	0.14	0.51	0.72	0.72	0.72	0.71	0.71	0.71	0.71
Income Tax Expense	5.61	4.48	2.92	6.57	6.90	6.34	5.26	6.88	6.33	7.13
Basic Earnings per Share	$0.54	$0.45	$0.30	$0.58	$0.62	$0.58	$0.48	$0.57	$0.58	$0.64
Weighted Average Basic Shares Outstanding	28.79M	28.85M	30.98M	31.98M	31.83M	31.63M	31.66M	31.58M	31.56M	31.59M
Diluted Earnings per Share	$0.54	$0.45	$0.30	$0.58	$0.62	$0.57	$0.48	$0.57	$0.57	$0.64
Weighted Average Diluted Shares Outstanding	28.75M	32.15M	32.04M	31.85M	31.71M	31.64M	31.59M	31.56M	31.56M	31.56M
Weighted Average Basic & Diluted Shares Outstanding	28.75M	32.15M	32.04M	31.85M	31.71M	31.64M	31.59M	31.56M	31.56M	31.56M

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	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-295	27	-3.56
Net Cash From Operating Activities	73	66	89
Net Cash From Continuing Operating Activities	73	66	89
Net Income / (Loss) Continuing Operations	56	66	72
Consolidated Net Income / (Loss)	56	66	72
Provision For Loan Losses	-0.71	7.57	3.03
Depreciation Expense	3.04	3.11	2.94
Amortization Expense	7.79	8.52	6.91
Non-Cash Adjustments to Reconcile Net Income	-3.54	1.06	0.59
Changes in Operating Assets and Liabilities, net	9.54	-20	4.12
Net Cash From Investing Activities	-335	133	32
Net Cash From Continuing Investing Activities	-335	133	32
Purchase of Investment Securities	-493	-188	-168
Sale of Property, Leasehold Improvements and Equipment	1.37	0.57	0.00
Sale and/or Maturity of Investments	156	320	200
Net Cash From Financing Activities	-33	-171	-125
Net Cash From Continuing Financing Activities	-33	-171	-125
Net Change in Deposits	-151	94	-83
Issuance of Debt	160	0.00	0.91
Repayment of Debt	0.00	-234	-0.70
Repurchase of Common Equity	-4.78	-8.91	-4.42
Payment of Dividends	-19	-22	-24
Other Financing Activities, Net	-18	-0.82	-14
Cash Interest Paid	6.86	33	65
Cash Income Taxes Paid	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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	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
Net Change in Cash & Equivalents	-82	36	63	-67	2.11	29	119	-65	-16	-42
Net Cash From Operating Activities	18	23	21	15	17	13	27	20	26	17
Net Cash From Continuing Operating Activities	18	23	21	15	17	13	27	20	26	17
Net Income / (Loss) Continuing Operations	16	13	9.21	18	20	18	15	18	18	20
Consolidated Net Income / (Loss)	16	13	9.21	18	20	18	15	18	18	20
Provision For Loan Losses	0.39	-0.65	6.21	-0.23	0.48	1.11	0.53	1.18	0.60	0.73
Depreciation Expense	0.76	0.75	0.79	0.82	0.75	0.75	0.73	0.73	0.75	0.74
Amortization Expense	5.23	1.77	0.39	0.47	5.54	2.13	1.85	1.78	1.70	1.57
Non-Cash Adjustments to Reconcile Net Income	-1.33	-1.30	-1.80	-1.54	2.49	1.92	2.51	1.07	-2.61	-0.38
Changes in Operating Assets and Liabilities, net	-2.37	9.77	6.69	-3.34	-12	-11	5.89	-3.03	6.90	-5.64
Net Cash From Investing Activities	-93	-21	225	-33	-31	-29	153	-34	3.61	-90
Net Cash From Continuing Investing Activities	-93	-21	225	-33	-31	-29	153	-34	3.61	-90
Purchase of Investment Securities	-95	-47	-19	-49	-55	-65	-11	-25	2.30	-135
Sale of Property, Leasehold Improvements and Equipment	0.01	0.07	0.01	0.45	0.07	0.04	0.00	-	-	0.00
Sale and/or Maturity of Investments	2.62	25	244	16	24	37	164	-9.52	1.31	45
Net Cash From Financing Activities	-7.54	34	-184	-49	17	45	-61	-51	-45	31
Net Cash From Continuing Financing Activities	-7.54	34	-184	-49	17	45	-61	-51	-45	31
Net Change in Deposits	-59	-56	3.19	-146	34	203	-41	-42	-38	38
Repayment of Debt	-	-	-171	102	-0.03	-165	0.00	-	-0.40	-0.30
Payment of Dividends	-4.64	-4.63	-5.51	-5.48	-5.44	-5.45	-6.07	-6.04	-6.03	-6.04
Other Financing Activities, Net	-2.96	-5.05	-8.34	3.81	-9.83	14	-11	-2.53	-0.30	-0.06
Cash Interest Paid	1.99	2.01	4.90	6.91	9.97	11	16	15	17	17
Cash Income Taxes Paid	5.96	6.23	0.00	9.00	6.87	4.65	-0.75	11	7.53	6.55

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	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	4,287	5,073	5,033
Cash and Due from Banks	19	26	30
Interest Bearing Deposits at Other Banks	95	115	108
Trading Account Securities	1,390	1,287	1,204
Loans and Leases, Net of Allowance	2,595	3,364	3,424
Loans and Leases	2,620	3,404	3,466
Allowance for Loan and Lease Losses	25	40	42
Loans Held for Sale	0.62	2.32	1.59
Premises and Equipment, Net	50	65	67
Goodwill	29	60	60
Intangible Assets	1.07	21	18
Other Assets	106	132	121
Total Liabilities & Shareholders' Equity	4,287	5,073	5,033
Total Liabilities	3,913	4,584	4,488
Non-Interest Bearing Deposits	995	1,072	1,046
Interest Bearing Deposits	2,592	3,329	3,272
Short-Term Debt	43	42	29
Long-Term Debt	237	105	106
Other Long-Term Liabilities	46	35	35
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	374	489	545
Total Preferred & Common Equity	374	489	545
Preferred Stock	0.00	0.00	0.00
Total Common Equity	374	489	545
Common Stock	223	296	298
Retained Earnings	232	269	317
Treasury Stock	-9.69	-19	-23
Accumulated Other Comprehensive Income / (Loss)	-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	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	4,213	5,014	4,976	4,992	5,041	5,006	4,991
Cash and Due from Banks	22	35	28	25	20	23	27
Interest Bearing Deposits at Other Banks	56	142	82	87	240	173	153
Trading Account Securities	1,405	1,396	1,361	1,286	1,192	1,187	1,221
Loans and Leases, Net of Allowance	2,555	3,157	3,207	3,304	3,305	3,345	3,329
Loans and Leases	2,580	-	3,245	3,343	3,346	3,385	3,370
Allowance for Loan and Lease Losses	25	-3,157	38	39	41	41	41
Loans Held for Sale	2.30	5.13	8.83	3.56	3.48	0.86	2.96
Premises and Equipment, Net	51	65	65	65	65	66	66
Goodwill	29	60	60	60	60	60	60
Intangible Assets	1.21	23	22	21	20	19	19
Other Assets	91	3,287	142	140	134	133	114
Total Liabilities & Shareholders' Equity	4,213	5,014	4,976	4,992	5,041	5,006	4,991
Total Liabilities	3,854	4,564	4,525	4,536	4,544	4,497	4,453
Non-Interest Bearing Deposits	1,018	1,219	1,126	1,087	1,047	1,046	1,008
Interest Bearing Deposits	2,626	3,092	3,039	3,111	3,314	3,273	3,272
Short-Term Debt	48	35	39	29	32	29	29
Long-Term Debt	137	167	270	270	105	106	106
Other Long-Term Liabilities	26	51	52	39	46	43	38
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	359	450	451	456	497	509	538
Total Preferred & Common Equity	359	450	451	456	497	509	538
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	359	450	451	456	497	509	538
Common Stock	223	295	295	296	296	297	297
Retained Earnings	223	229	242	256	278	290	303
Treasury Stock	-9.69	-11	-15	-17	-22	-23	-23
Accumulated Other Comprehensive Income / (Loss)	-77	-62	-71	-78	-56	-55	-39

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

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-
Revenue Growth	13.06%	25.76%	-1.19%
EBITDA Growth	15.62%	15.14%	7.02%
EBIT Growth	-0.49%	16.26%	9.94%
NOPAT Growth	0.33%	16.63%	9.02%
Net Income Growth	0.33%	16.63%	9.02%
EPS Growth	-3.47%	6.15%	9.18%
Operating Cash Flow Growth	68.71%	-9.31%	35.76%
Free Cash Flow Firm Growth	-542.45%	275.41%	-64.54%
Invested Capital Growth	18.85%	-2.61%	6.66%
Revenue Q/Q Growth	4.55%	2.81%	1.24%
EBITDA Q/Q Growth	14.71%	8.12%	9.47%
EBIT Q/Q Growth	-1.37%	8.81%	2.75%
NOPAT Q/Q Growth	-0.80%	8.77%	2.61%
Net Income Q/Q Growth	-0.80%	8.77%	2.61%
EPS Q/Q Growth	-1.02%	6.15%	3.20%
Operating Cash Flow Q/Q Growth	10.93%	-13.75%	5.05%
Free Cash Flow Firm Q/Q Growth	-389.24%	155.22%	-80.72%
Invested Capital Q/Q Growth	20.12%	-15.66%	1.00%
Profitability Metrics	-	-	-
EBITDA Margin	48.19%	44.12%	47.78%
EBIT Margin	42.19%	39.00%	43.39%
Profit (Net Income) Margin	31.26%	28.99%	31.98%
Tax Burden Percent	74.10%	74.33%	73.71%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	25.90%	25.67%	26.29%
Return on Invested Capital (ROIC)	9.38%	10.20%	10.91%
ROIC Less NNEP Spread (ROIC-NNEP)	9.38%	10.20%	10.91%
Return on Net Nonoperating Assets (RNNOA)	5.00%	5.05%	2.97%
Return on Equity (ROE)	14.37%	15.26%	13.88%
Cash Return on Invested Capital (CROIC)	-7.85%	12.85%	4.47%
Operating Return on Assets (OROA)	1.77%	1.89%	1.93%
Return on Assets (ROA)	1.31%	1.41%	1.42%
Return on Common Equity (ROCE)	14.37%	15.26%	13.88%
Return on Equity Simple (ROE_SIMPLE)	15.11%	13.45%	13.18%
Net Operating Profit after Tax (NOPAT)	56	66	72
NOPAT Margin	31.26%	28.99%	31.98%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	45.12%	47.37%	46.44%
Operating Expenses to Revenue	58.20%	57.66%	55.26%
Earnings before Interest and Taxes (EBIT)	76	89	97
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	87	100	107
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.39	1.31	1.26
Price to Tangible Book Value (P/TBV)	1.51	1.56	1.47
Price to Revenue (P/Rev)	2.87	2.81	3.05
Price to Earnings (P/E)	9.19	9.70	9.54
Dividend Yield	3.55%	3.37%	3.50%
Earnings Yield	10.89%	10.31%	10.48%
Enterprise Value to Invested Capital (EV/IC)	1.05	1.01	1.00
Enterprise Value to Revenue (EV/Rev)	3.79	2.84	3.04
Enterprise Value to EBITDA (EV/EBITDA)	7.87	6.44	6.36
Enterprise Value to EBIT (EV/EBIT)	8.99	7.28	7.00
Enterprise Value to NOPAT (EV/NOPAT)	12.13	9.80	9.50
Enterprise Value to Operating Cash Flow (EV/OCF)	9.43	9.80	7.63
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	7.78	23.20
Leverage & Solvency	-	-	-
Debt to Equity	0.75	0.30	0.25
Long-Term Debt to Equity	0.63	0.21	0.19
Financial Leverage	0.53	0.50	0.27
Leverage Ratio	10.95	10.84	9.77
Compound Leverage Factor	10.95	10.84	9.77
Debt to Total Capital	42.86%	23.13%	19.82%
Short-Term Debt to Total Capital	6.59%	6.66%	4.27%
Long-Term Debt to Total Capital	36.27%	16.47%	15.55%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	57.14%	76.87%	80.18%
Debt to EBITDA	3.22	1.47	1.26
Net Debt to EBITDA	1.91	0.06	-0.03
Long-Term Debt to EBITDA	2.73	1.05	0.99
Debt to NOPAT	4.96	2.24	1.88
Net Debt to NOPAT	2.94	0.09	-0.04
Long-Term Debt to NOPAT	4.20	1.59	1.47
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-47	83	29
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-6.58	2.19	0.47
Operating Cash Flow to Interest Expense	10.11	1.74	1.42
Operating Cash Flow Less CapEx to Interest Expense	10.30	1.75	1.42
Efficiency Ratios	-	-	-
Asset Turnover	0.04	0.05	0.04
Fixed Asset Turnover	3.51	3.93	3.40
Capital & Investment Metrics	-	-	-
Invested Capital	654	637	679
Invested Capital Turnover	0.30	0.35	0.34
Increase / (Decrease) in Invested Capital	104	-17	42
Enterprise Value (EV)	685	645	682
Market Capitalization	519	639	685
Book Value per Share	$12.99	$15.44	$17.26
Tangible Book Value per Share	$11.94	$12.90	$14.80
Total Capital	654	637	679
Total Debt	280	147	135
Total Long-Term Debt	237	105	106
Net Debt	166	6.08	-3.09
Capital Expenditures (CapEx)	-1.37	-0.57	-0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	280	147	135
Total Depreciation and Amortization (D&A)	11	12	9.86
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$1.95	$2.08	$2.27
Adjusted Weighted Average Basic Shares Outstanding	28.85M	31.63M	31.59M
Adjusted Diluted Earnings per Share	$1.95	$2.07	$2.26
Adjusted Weighted Average Diluted Shares Outstanding	28.92M	31.64M	31.56M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	32.15M	31.64M	31.56M
Normalized Net Operating Profit after Tax (NOPAT)	56	66	72
Normalized NOPAT Margin	31.26%	28.99%	31.98%
Pre Tax Income Margin	42.19%	39.00%	43.39%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	10.61	2.34	1.55
NOPAT to Interest Expense	7.86	1.74	1.14
EBIT Less CapEx to Interest Expense	10.80	2.35	1.55
NOPAT Less CapEx to Interest Expense	8.05	1.75	1.14
Payout Ratios	-	-	-
Dividend Payout Ratio	32.92%	33.22%	33.69%
Augmented Payout Ratio	41.39%	46.75%	39.85%

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	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
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.66%	18.62%	29.31%	36.95%	26.62%	12.42%	-3.61%	-3.65%	-2.30%	4.87%
EBITDA Growth	1.63%	124.41%	-31.82%	30.78%	20.82%	37.38%	73.52%	4.34%	-18.06%	7.39%
EBIT Growth	14.15%	-5.68%	-34.06%	32.24%	25.32%	40.73%	69.15%	-0.36%	-7.91%	10.52%
NOPAT Growth	13.94%	-3.34%	-32.31%	31.15%	26.16%	40.38%	65.70%	-2.18%	-7.79%	9.90%
Net Income Growth	13.94%	-3.34%	-32.31%	31.15%	26.16%	40.38%	65.70%	-2.18%	-7.79%	9.90%
EPS Growth	8.00%	-4.26%	-36.17%	18.37%	14.81%	26.67%	60.00%	-1.72%	-8.06%	12.28%
Operating Cash Flow Growth	494.13%	43.81%	1.18%	53.21%	-8.72%	-44.71%	24.58%	35.22%	52.68%	33.12%
Free Cash Flow Firm Growth	-99.92%	-81.04%	-524.63%	-2,757.09%	-665.66%	139.20%	125.78%	155.49%	152.74%	-162.27%
Invested Capital Growth	8.05%	18.85%	27.65%	51.26%	38.70%	-2.61%	-2.88%	-15.08%	-10.93%	6.66%
Revenue Q/Q Growth	6.29%	9.75%	8.39%	8.31%	-1.73%	-2.56%	-7.06%	8.27%	-0.35%	4.59%
EBITDA Q/Q Growth	35.31%	-26.07%	-33.88%	97.74%	25.00%	-15.93%	13.05%	18.90%	-1.84%	10.18%
EBIT Q/Q Growth	12.16%	-17.07%	-31.13%	106.44%	6.29%	-6.87%	-17.23%	21.61%	-1.76%	11.77%
NOPAT Q/Q Growth	10.95%	-15.91%	-29.92%	100.62%	6.72%	-6.44%	-17.28%	18.43%	0.61%	11.51%
Net Income Q/Q Growth	10.95%	-15.91%	-29.92%	100.62%	6.72%	-6.44%	-17.28%	18.43%	0.61%	11.51%
EPS Q/Q Growth	10.20%	-16.67%	-33.33%	93.33%	6.90%	-8.06%	-15.79%	18.75%	0.00%	12.28%
Operating Cash Flow Q/Q Growth	91.62%	28.23%	-8.48%	-31.87%	14.17%	-22.33%	106.21%	-26.05%	28.91%	-32.28%
Free Cash Flow Firm Q/Q Growth	-377.44%	-263.17%	-45.83%	-80.83%	20.05%	118.59%	-4.11%	289.27%	-24.02%	-121.95%
Invested Capital Q/Q Growth	8.43%	20.12%	-0.23%	16.40%	-0.57%	-15.66%	-0.51%	1.78%	4.28%	1.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	59.70%	40.21%	24.53%	44.78%	56.96%	49.14%	44.16%	48.50%	47.77%	50.33%
EBIT Margin	46.55%	35.18%	22.35%	42.60%	46.08%	44.04%	39.22%	44.06%	43.43%	46.41%
Profit (Net Income) Margin	34.25%	26.24%	16.97%	31.42%	34.13%	32.77%	29.17%	31.90%	32.21%	34.34%
Tax Burden Percent	73.57%	74.60%	75.90%	73.77%	74.07%	74.41%	74.36%	72.42%	74.16%	73.99%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	26.43%	25.40%	24.10%	26.23%	25.93%	25.59%	25.64%	27.58%	25.84%	26.01%
Return on Invested Capital (ROIC)	11.29%	7.87%	5.63%	10.40%	11.60%	11.53%	10.21%	10.13%	10.00%	11.71%
ROIC Less NNEP Spread (ROIC-NNEP)	11.29%	7.87%	5.63%	10.40%	11.60%	11.53%	10.21%	10.13%	10.00%	11.71%
Return on Net Nonoperating Assets (RNNOA)	4.75%	4.19%	2.23%	5.51%	6.89%	5.71%	3.66%	4.68%	4.36%	3.19%
Return on Equity (ROE)	16.04%	12.07%	7.86%	15.91%	18.49%	17.25%	13.87%	14.82%	14.37%	14.91%
Cash Return on Invested Capital (CROIC)	3.12%	-7.85%	-15.34%	-31.85%	-23.11%	12.85%	14.10%	26.49%	21.36%	4.47%
Operating Return on Assets (OROA)	1.97%	1.48%	0.92%	1.93%	2.21%	2.14%	1.76%	1.97%	1.93%	2.06%
Return on Assets (ROA)	1.45%	1.10%	0.70%	1.43%	1.64%	1.59%	1.31%	1.43%	1.43%	1.53%
Return on Common Equity (ROCE)	16.04%	12.07%	7.86%	15.91%	18.49%	17.25%	13.87%	14.82%	14.37%	14.91%
Return on Equity Simple (ROE_SIMPLE)	15.85%	0.00%	11.57%	12.52%	13.27%	0.00%	14.47%	14.03%	13.01%	0.00%
Net Operating Profit after Tax (NOPAT)	16	13	9.21	18	20	18	15	18	18	20
NOPAT Margin	34.25%	26.24%	16.97%	31.42%	34.13%	32.77%	29.17%	31.90%	32.21%	34.34%
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%
SG&A Expenses to Revenue	43.14%	41.87%	54.66%	46.27%	44.59%	44.35%	50.68%	45.23%	46.92%	43.39%
Operating Expenses to Revenue	52.60%	66.12%	66.21%	57.79%	53.09%	53.98%	59.77%	53.87%	55.50%	52.36%
Earnings before Interest and Taxes (EBIT)	21	18	12	25	27	25	21	25	25	27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	27	20	13	26	33	28	23	27	27	30
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.36	1.39	1.33	1.25	1.23	1.31	1.19	1.25	1.28	1.26
Price to Tangible Book Value (P/TBV)	1.48	1.51	1.63	1.53	1.49	1.56	1.42	1.49	1.50	1.47
Price to Revenue (P/Rev)	2.82	2.87	3.11	2.70	2.53	2.81	2.63	2.87	3.11	3.05
Price to Earnings (P/E)	8.55	9.19	11.51	9.99	9.24	9.70	8.22	8.94	9.87	9.54
Dividend Yield	3.73%	3.55%	3.49%	3.75%	3.82%	3.37%	3.75%	3.56%	3.38%	3.50%
Earnings Yield	11.69%	10.89%	8.69%	10.01%	10.82%	10.31%	12.16%	11.18%	10.13%	10.48%
Enterprise Value to Invested Capital (EV/IC)	1.09	1.05	0.96	1.00	0.99	1.01	0.74	0.90	0.96	1.00
Enterprise Value to Revenue (EV/Rev)	3.44	3.79	3.24	3.65	3.38	2.84	2.08	2.60	2.91	3.04
Enterprise Value to EBITDA (EV/EBITDA)	7.83	7.87	7.72	8.77	8.05	6.44	4.55	5.58	6.59	6.36
Enterprise Value to EBIT (EV/EBIT)	7.69	8.99	8.93	10.03	9.17	7.28	4.82	5.98	6.81	7.00
Enterprise Value to NOPAT (EV/NOPAT)	10.43	12.13	11.99	13.51	12.33	9.80	6.51	8.10	9.23	9.50
Enterprise Value to Operating Cash Flow (EV/OCF)	9.08	9.43	8.57	9.79	9.78	9.80	6.58	7.60	7.59	7.63
Enterprise Value to Free Cash Flow (EV/FCFF)	36.34	0.00	0.00	0.00	0.00	7.78	5.16	3.12	4.23	23.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.52	0.75	0.45	0.68	0.65	0.30	0.28	0.27	0.25	0.25
Long-Term Debt to Equity	0.38	0.63	0.37	0.60	0.59	0.21	0.21	0.21	0.20	0.19
Financial Leverage	0.42	0.53	0.40	0.53	0.59	0.50	0.36	0.46	0.44	0.27
Leverage Ratio	11.06	10.95	11.24	11.16	11.29	10.84	10.62	10.39	10.04	9.77
Compound Leverage Factor	11.06	10.95	11.24	11.16	11.29	10.84	10.62	10.39	10.04	9.77
Debt to Total Capital	34.04%	42.86%	31.00%	40.63%	39.57%	23.13%	21.61%	21.00%	20.05%	19.82%
Short-Term Debt to Total Capital	8.84%	6.59%	5.35%	5.10%	3.83%	6.66%	5.03%	4.55%	4.32%	4.27%
Long-Term Debt to Total Capital	25.19%	36.27%	25.65%	35.53%	35.74%	16.47%	16.58%	16.45%	15.73%	15.55%
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%
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%
Common Equity to Total Capital	65.96%	57.14%	69.00%	59.37%	60.43%	76.87%	78.39%	79.00%	79.95%	80.18%
Debt to EBITDA	2.44	3.22	2.50	3.55	3.22	1.47	1.33	1.30	1.38	1.26
Net Debt to EBITDA	1.41	1.91	0.31	2.28	2.02	0.06	-1.20	-0.58	-0.46	-0.03
Long-Term Debt to EBITDA	1.81	2.73	2.07	3.10	2.91	1.05	1.02	1.02	1.08	0.99
Debt to NOPAT	3.26	4.96	3.89	5.47	4.94	2.24	1.90	1.89	1.93	1.88
Net Debt to NOPAT	1.88	2.94	0.48	3.52	3.09	0.09	-1.72	-0.84	-0.64	-0.04
Long-Term Debt to NOPAT	2.41	4.20	3.21	4.78	4.46	1.59	1.46	1.48	1.51	1.47
Noncontrolling Interest Sharing Ratio	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)	-25	-91	-132	-239	-191	36	34	133	101	-22
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%
Free Cash Flow to Firm to Interest Expense	-15.36	-32.76	-26.73	-30.25	-17.75	2.48	2.23	8.39	6.15	-1.44
Operating Cash Flow to Interest Expense	11.28	8.49	4.35	1.85	1.55	0.91	1.75	1.25	1.56	1.12
Operating Cash Flow Less CapEx to Interest Expense	11.28	8.52	4.35	1.91	1.56	0.91	1.75	1.25	1.56	1.12
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.05	0.05	0.05	0.04	0.04	0.04	0.04
Fixed Asset Turnover	3.45	3.51	3.29	3.59	3.82	3.93	3.47	3.41	3.39	3.40
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	544	654	652	759	755	637	634	645	672	679
Invested Capital Turnover	0.33	0.30	0.33	0.33	0.34	0.35	0.35	0.32	0.31	0.34
Increase / (Decrease) in Invested Capital	41	104	141	257	211	-17	-19	-114	-83	42
Enterprise Value (EV)	594	685	624	763	746	645	468	579	646	682
Market Capitalization	487	519	599	564	559	639	591	639	691	685
Book Value per Share	$12.46	$12.99	$14.00	$14.07	$14.33	$15.44	$15.70	$16.13	$17.04	$17.26
Tangible Book Value per Share	$11.41	$11.94	$11.43	$11.51	$11.78	$12.90	$13.17	$13.62	$14.55	$14.80
Total Capital	544	654	652	759	755	637	634	645	672	679
Total Debt	185	280	202	308	299	147	137	135	135	135
Total Long-Term Debt	137	237	167	270	270	105	105	106	106	106
Net Debt	107	166	25	199	187	6.08	-123	-60	-45	-3.09
Capital Expenditures (CapEx)	-0.01	-0.07	-0.01	-0.45	-0.07	-0.04	0.00	0.00	0.00	-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
Net Nonoperating Obligations (NNO)	185	280	202	308	299	147	137	135	135	135
Total Depreciation and Amortization (D&A)	6.00	2.52	1.18	1.28	6.29	2.87	2.58	2.52	2.45	2.31
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.54	$0.45	$0.30	$0.58	$0.62	$0.58	$0.48	$0.57	$0.58	$0.64
Adjusted Weighted Average Basic Shares Outstanding	28.79M	28.85M	30.98M	31.98M	31.83M	31.63M	31.66M	31.58M	31.56M	31.59M
Adjusted Diluted Earnings per Share	$0.54	$0.45	$0.30	$0.58	$0.62	$0.57	$0.48	$0.57	$0.57	$0.64
Adjusted Weighted Average Diluted Shares Outstanding	28.86M	32.15M	31.05M	32.08M	31.71M	31.64M	31.59M	31.56M	31.56M	31.56M
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.75M	32.15M	32.04M	31.85M	31.71M	31.64M	31.59M	31.56M	31.56M	31.56M
Normalized Net Operating Profit after Tax (NOPAT)	16	13	9.21	18	20	18	15	18	18	20
Normalized NOPAT Margin	34.25%	26.24%	16.97%	31.42%	34.13%	32.77%	29.17%	31.90%	32.21%	34.34%
Pre Tax Income Margin	46.55%	35.18%	22.35%	42.60%	46.08%	44.04%	39.22%	44.06%	43.43%	46.41%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	13.08	6.37	2.45	3.17	2.47	1.73	1.34	1.58	1.50	1.78
NOPAT to Interest Expense	9.62	4.75	1.86	2.34	1.83	1.29	1.00	1.14	1.11	1.32
EBIT Less CapEx to Interest Expense	13.08	6.39	2.46	3.23	2.48	1.73	1.34	1.58	1.50	1.78
NOPAT Less CapEx to Interest Expense	9.63	4.78	1.86	2.40	1.84	1.29	1.00	1.14	1.11	1.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	32.22%	32.92%	37.33%	35.88%	34.79%	33.22%	31.21%	32.17%	33.72%	33.69%
Augmented Payout Ratio	45.16%	41.39%	47.75%	48.65%	47.16%	46.75%	46.13%	42.73%	42.07%	39.85%

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 2 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 $56.46 million in 2022. The previous period was $65.84 million in 2023. Find out what analysts predict for HBT Financial in the coming months.

How has HBT Financial revenue changed over the last 2 years?

Over the last 2 years, HBT Financial's total revenue changed from $180.59 million in 2022 to $224.42 million in 2024, a change of 24.3%.

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 14.7% increase since 2022.

How much cash does HBT Financial have?

In the past 2 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 2 years?

Over the last 2 years, HBT Financial's book value per share changed from 12.99 in 2022 to 17.26 in 2024, a change of 32.8%.

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This page (NASDAQ:HBT) was last updated on 5/5/2025 by MarketBeat.com Staff

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HBT Financial (HBT) Financials

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