NASDAQ$HBT

Hbt Financial Inc/De · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Announced third quarter 2021 financial results

HBT Financial, Inc. reported net income of $13.7 million, or $0.50 diluted earnings per share, for the third quarter of 2021, driven by higher revenue, disciplined expense management, and healthy credit metrics.

  • Net income of $13.7 million, or $0.50 per diluted share.
  • Return on average assets (ROAA) of 1.37%.
  • Return on average stockholders' equity (ROAE) of 14.29%.
  • Adjusted net income of $14.5 million, or $0.53 per diluted share.

Headline financials

Total Revenue

$39.1M

Previous: $38.9M+0.5%
EPS (adj)

$0.53

Previous: $0.39+35.9%
ROAA

1.4%

Previous: 1.2%+14.2%
ROAE

14.3%

No prior period
Net Interest Margin

3.2%

Previous: 3.4%-6.2%
Efficiency Ratio

56.0%

Previous: 57.0%-1.6%
Capital Expenditures

-$779K

Previous: -$1.47M+47.0%
Free Cash Flow

$12.9M

Previous: $9.09M+42.2%
Net Income

$13.7M

Previous: $10.6M+29.8%
Operating Income

$22M

Previous: $21.9M+0.4%
Gross Profit

$39.1M

Previous: $38.9M+0.5%
Cash & Equivalents

$472M

Previous: $237M+99.4%
Total Assets

$3.95B

Previous: $3.54B+11.7%
Stock-Based Comp

$228K

Previous: $100K+128.0%

Revenue & EPS history

Hbt Financial · Revenue · Quarterly

$39.1M

Q3 2021+0.5%vs Q3 2020
Beat estimate in 10 of 12 quarters(83%)
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

This press release includes forward-looking statements about the Company’s expected benefits, synergies, results and growth resulting from the acquisition of NXT and NXT Bank, and the Company’s plans, objectives, future performance, goals, future earnings levels and future loan growth, including as a result of expected improvement in economic conditions with respect to COVID-19.

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 Q3 2021

Historical avgQ3 2021

-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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