NASDAQ$HBT

Hbt Financial Inc/De · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported net income of $15.6 million and EPS of $0.54

HBT Financial, Inc. reported a strong financial performance for the third quarter of 2022, with net income of $15.6 million, or $0.54 diluted earnings per share. The company's earnings increased from the prior quarter, while maintaining exceptional asset quality and strong capital ratios.

  • Net income of $15.6 million, or $0.54 per diluted share
  • Adjusted net income of $15.9 million, or $0.55 per diluted share
  • Asset quality remained strong with nonperforming assets to total assets of 0.14%
  • Cost of total deposits remained low at 0.06%

Headline financials

Total Revenue

$45.6M

Previous: $39.1M+16.7%
EPS (adj)

$0.55

Previous: $0.53+3.8%
ROAA

1.5%

Previous: 1.4%+7.3%
ROAE

16.3%

Previous: 14.3%+13.9%
Net Interest Margin

3.6%

Previous: 3.2%+14.8%
Efficiency Ratio

52.1%

Previous: 56.0%-7.1%
Capital Expenditures

-$683K

Previous: -$779K+12.3%
Free Cash Flow

$14.9M

Previous: $12.9M+15.5%
Net Income

$15.6M

Previous: $13.7M+13.9%
Operating Income

$26.8M

Previous: $22M+21.8%
Gross Profit

$45.6M

Previous: $39.1M+16.7%
Cash & Equivalents

$78.2M

Previous: $472M-83.4%
Total Assets

$4.21B

Previous: $3.95B+6.7%
Stock-Based Comp

$349K

Previous: $228K+53.1%

Revenue & EPS history

Hbt Financial · Revenue · Quarterly

$45.6M

Q3 2022+16.7%vs Q3 2021
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

The transaction remains on track to close during the first quarter of 2023.

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 2022

Historical avgQ3 2022

-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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