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HBT Financial ( (HBT) ) has issued an announcement.
On March 1, 2026, HBT Financial, Inc. completed its acquisition of CNB Bank Shares, Inc., folding CNB and its banking subsidiary into Heartland Bank and Trust Company in a stock-and-cash deal valued at about $34 million plus roughly 5.5 million HBT shares. CNB, which brought $1.8 billion in assets, $1.3 billion in loans and $1.5 billion in deposits as of Dec. 31, 2025, extends HBT’s reach in central Illinois as well as the Chicago and St. Louis metropolitan statistical areas.
The transaction, which resulted in CNB’s stock being delisted from the OTC QX Market, is expected to deepen HBT’s community banking presence and support its strategy of growth through acquisitions. In tandem with the merger, HBT and Heartland Bank expanded their boards and appointed former CNB leaders James T. Ashworth and Nancy L. Ruyle as directors effective March 1, 2026, aiming to leverage their community banking expertise as the combined franchise integrates operations and customer bases.
The most recent analyst rating on (HBT) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on HBT Financial stock, see the HBT Stock Forecast page.
Spark’s Take on HBT Stock
According to Spark, TipRanks’ AI Analyst, HBT is a Outperform.
The score is driven primarily by strong financial performance (high revenue growth and solid profitability with low leverage), supported by attractive valuation (low P/E and ~3.1% yield). Corporate events are positive (acquisition progress, dividend raise, and new buyback authorization), while technicals are constructive but not strongly bullish.
To see Spark’s full report on HBT stock, click here.
More about HBT Financial
HBT Financial, Inc., headquartered in Bloomington, Ill., is a bank holding company for Heartland Bank and Trust Company, with roots dating back to 1920. The company offers a broad suite of financial products and services to consumers, businesses and municipal entities across Illinois and eastern Iowa through 66 full-service branches.
As of Dec. 31, 2025, HBT Financial reported total assets of $5.1 billion, total loans of $3.5 billion and total deposits of $4.4 billion. The regional lender focuses on community banking in its Midwestern footprint, positioning itself as a key player in local markets including central Illinois and parts of the Chicago and St. Louis metropolitan areas.
Average Trading Volume: 31,971
Technical Sentiment Signal: Buy
Current Market Cap: $847.4M
See more data about HBT stock on TipRanks’ Stock Analysis page.