HBT Financial Inc (OQ:HBT)
Business Focus: Banks
| Sector: Financials | Industry: Banks |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 401 N Hershey Rd BLOOMINGTON IL 61704-3742 |
| Tel: | N/A |
| Website: | https://ir.hbtfinancial.com |
| IR: | See website |
| Key People | ||
| Fred L. Drake Executive Chairman of the Company and Heartland Bank | J. Lance Carter President, Chief Executive Officer, Director of the Company and the Bank | Peter Robert Chapman Chief Financial Officer, Executive Vice President |
| Andrea E. Zurkamer Executive Vice President and Chief Risk Officer of the Company and Heartland Bank | Lawrence J. Horvath Executive Vice President, Chief Lending Officer of the Company and Bank | Diane H. Lanier Executive Vice President and Chief Retail Officer of the Company and Heartland Bank | Mark W. Scheirer Executive Vice President and Chief Credit Officer of the Company and Heartland Bank |
| Business Overview |
| HBT Financial, Inc. is a bank holding company for Heartland Bank and Trust Company (the Bank). The Bank provides a comprehensive suite of financial products and services to consumers, businesses, and municipal entities throughout Illinois and Eastern Iowa. Its products and services are primarily deposit, lending, and ancillary products that offer a broad range of options to meet the financial needs of consumers, businesses, and municipal entities. It also provides traditional trust and investment services, farmland management, and farmland sales through its wealth management division. It offers a broad range of lending products with a focus on regulatory commercial real estate (CRE), which includes non-owner-occupied CRE, construction and land development (C&D) and multifamily; commercial and industrial (C&I) and owner-occupied CRE; agricultural and farmland; and one-to-four family residential loans. It also provides municipal, consumer and other loans. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, HBT Financial Inc interest income increased 50% to $229M. Net interest income after loan loss provision increased 25% to $183.5M. Net income applicable to common stockholders increased 17% to $65.8M. Net interest income after loan loss provision reflects Community Banking segment increase of 25% to $183.5M. Net income was partially offset by Deposits increase from $2.5M to $25.1M (expense). |
| Employees: | 844 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $683.41M as of Dec 31, 2023 |
| Annual revenue (TTM): | $229.00M as of Dec 31, 2023 |
| EBITDA (TTM): | $99.69M as of Dec 31, 2023 |
| Net annual income (TTM): | $65.81M as of Dec 31, 2023 |
| Free cash flow (TTM): | $40.82M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $108.45M as of Dec 31, 2023 |
| Shares outstanding: | 31,612,888 as of Apr 1, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.