NASDAQ$HBT

Hbt Financial Inc/De · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Net income increased, driven by higher earning assets and yields, with strong returns and asset quality maintained

HBT Financial, Inc. reported a net income of $18.5 million, or $0.58 per diluted share, for the second quarter of 2023. The company's ROAA was 1.49% and ROATCE was 19.91%. Asset quality remained strong with nonperforming assets to total assets of 0.21%.

  • Net income of $18.5 million, or $0.58 per diluted share.
  • Return on average assets (ROAA) of 1.49% and return on average tangible common equity (ROATCE) of 19.91%.
  • Asset quality remained strong with nonperforming assets to total assets of 0.21%.
  • Net interest margin of 4.16%.

Headline financials

Total Revenue

$58.8M

Previous: $42.9M+37.0%
EPS (adj)

$0.58

Previous: $0.48+20.8%
ROAA

1.5%

Previous: 1.3%+12.9%
Net Interest Margin

4.2%

Previous: 3.3%+24.6%
Capital Expenditures

-$1.5M

Previous: -$496K-201.4%
Free Cash Flow

$17M

Previous: $13.6M+24.9%
Net Income

$18.5M

Previous: $14.1M+31.2%
Operating Income

$28.3M

Previous: $23.6M+19.8%
Gross Profit

$58.6M

Previous: $42.9M+36.6%
Cash & Equivalents

$110M

Previous: $160M-31.4%
Total Assets

$4.98B

Previous: $4.22B+17.8%
Stock-Based Comp

$434K

Previous: $352K+23.3%

Revenue & EPS history

Hbt Financial · Revenue · Quarterly

$58.8M

Q2 2023+37%vs Q2 2022
Beat estimate in 4 of 14 quarters(29%)
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

No specific forward guidance was provided in the earnings report.

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 Q2 2023

Historical avgQ2 2023

-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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