NASDAQ$HBT

Hbt Financial Inc/De · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Reported a strong quarter with increased profitability, driven by a solid balance sheet and conservative underwriting standards.

HBT Financial, Inc. reported a net income of $19.7 million, or $0.62 per diluted share, for the third quarter of 2023. The company's ROAA was 1.58% and the ROATCE was 20.70%. Asset quality remained strong, with nonperforming assets to total assets at 0.16%.

  • Net income was $19.7 million, or $0.62 per diluted share.
  • Adjusted net income was $20.3 million, or $0.63 per diluted share.
  • Asset quality remained strong with nonperforming assets to total assets of 0.16%.
  • Net interest margin of 4.07% and net interest margin (tax-equivalent basis) of 4.13%.

Headline financials

Total Revenue

$57.8M

Previous: $45.6M+26.6%
EPS (adj)

$0.63

Previous: $0.55+14.5%
Net Interest Margin

4.1%

Previous: 3.6%+11.5%
Capital Expenditures

-$1.95M

Previous: -$683K-185.7%
Free Cash Flow

$17.8M

Previous: $14.9M+18.9%
Net Income

$19.7M

Previous: $15.6M+26.2%
Operating Income

$26.1M

Previous: $26.8M-2.5%
Gross Profit

$57.8M

Previous: $45.6M+26.6%
Cash & Equivalents

$112M

Previous: $78.2M+43.1%
Total Assets

$4.99B

Previous: $4.21B+18.5%
Stock-Based Comp

$608K

Previous: $349K+74.2%

Revenue & EPS history

Hbt Financial · Revenue · Quarterly

$57.8M

Q3 2023+26.6%vs Q3 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

The company did not provide specific forward guidance in this 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 Q3 2023

Historical avgQ3 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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro