NASDAQ$HBT

Hbt Financial Inc/De · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

HBT Financial reported a net income of $6.2 million and diluted earnings per share of $0.23 for Q1 2020.

HBT Financial, Inc. reported a net income of $6.2 million, or $0.23 diluted earnings per share, for the first quarter of 2020. The company funded $141 million of PPP loans for 1,129 businesses through April 24, 2020.

  • Net income of $6.2 million, or $0.23 per diluted share.
  • Return on average assets (ROAA) of 0.78%.
  • Return on average stockholders' equity (ROAE) of 7.29%.
  • Adjusted net income of $8.4 million, or $0.30 per diluted share

Headline financials

Total Revenue

$35.9M

Previous: $41.2M-12.8%
EPS (adj)

$0.30

Previous: $1.04-71.2%
ROAA

0.8%

No prior period
ROAE

7.3%

No prior period
Capital Expenditures

-$841K

No prior period
Free Cash Flow

$5.38M

No prior period
Net Income

$6.22M

Previous: $18.7M-66.8%
Operating Income

$17.4M

No prior period
Gross Profit

$35.9M

No prior period
Cash & Equivalents

$265M

Previous: $161M+65.4%
Total Assets

$3.21B

No prior period
Stock-Based Comp

$67K

No prior period

Revenue & EPS history

Hbt Financial · Revenue · Quarterly

$35.9M

Q1 2020-12.8%vs Q1 2019
Beat estimate in 8 of 10 quarters(80%)
ActualEstimate

Revenue by segment

Hbt Financial · $2.28B total across 8 segments · Q3 2020

  • CRE - Non Owner Occupied
    $532M
  • Commercial & Industrial
    $389M
  • 1-4 Family Residential
    $308M
  • Construction & Land Dev
    $266M
  • Agricultural & Farmland
    $236M
  • CRE - Owner Occupied
    $225M
  • Multi-Family
    $199M
  • Municipal, Consumer & Other
    $123M

Forward guidance

The Company expects the cumulative decrease of 150 basis points in the target federal funds rate in March 2020 to continue placing downward pressure on its net interest margin in 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.1%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+1.5%

Avg return

30 days after

50%

16 / 32 earnings

Positive

+6.1%

Q2 2024

Best reaction

-5.9%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-0.4%+1.7%
Q4 2025-2.5%-2.1%+1.1%
Q3 2025+3.8%+6.0%-2.7%
Q2 2025-1.2%-2.0%-0.4%
Q1 2025+1.5%+6.4%+9.7%
Q4 2024+1.7%+9.7%+11.6%
Q3 2024-3.6%-6.5%+3.7%
Q2 2024+6.1%+5.1%-7.0%
Q1 2024+2.3%+2.0%+5.9%
Q4 2023-1.6%+0.4%-5.6%
Q3 2023+1.4%+0.3%+8.5%
Q2 2023-1.2%-1.0%-6.9%
Q1 2023-2.9%-1.6%+1.3%
Q4 2022+5.5%-9.2%-16.0%
Q3 2022+3.1%+10.9%+10.2%
Q2 2022+2.5%+7.9%+6.4%
Q1 2022-1.7%-4.6%-6.3%
Q4 2021+2.7%+4.9%+7.3%
Q3 2021+0.1%+1.7%+7.4%
Q2 2021-1.8%-4.0%-6.3%
Q1 2021+3.3%+4.8%+2.1%
Q4 2020+0.3%-1.5%+8.5%
Q3 2020-1.5%-4.4%+8.8%
Q2 2020+1.6%-1.7%-0.7%
Q1 2019-4.5%-0.8%+19.6%
Q1 2020-3.4%-6.2%+7.4%
Q4 2018-5.9%-13.7%-5.0%
Q4 2017-5.9%-13.7%-5.0%
Q2 2019-5.9%-13.7%-5.0%
Q4 2019+1.6%+2.1%-18.7%
Q3 2018-1.0%+0.0%+3.2%
Q3 2019+4.3%+4.7%+8.5%
Q2 2018
Q1 2018

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