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HBT Financial ( (HBT) ) has provided an update.
HBT Financial, Inc. reported first-quarter 2026 net income of $11.2 million, or $0.34 per diluted share, down from both the prior quarter and a year earlier, but said adjusted net income rose to $22.6 million, or $0.68 per diluted share, reflecting strong underlying performance. The bank posted higher net interest margin, solid asset quality metrics, and a modest quarterly decline but double-digit year-on-year increase in tangible book value per share, while management emphasized robust liquidity and capital to support organic growth and future acquisitions.
On March 1, 2026, HBT Financial completed its acquisition of CNB Bank Shares, Inc. and CNB Bank & Trust, N.A., adding approximately $1.8 billion in assets, $1.3 billion in loans, and $1.5 billion in deposits, and increasing its density in central Illinois and the Chicago and St. Louis MSAs. The $182.1 million transaction, which generated $23.7 million of goodwill and $15.7 million of acquisition-related expenses in the quarter, marks a significant expansion of HBT’s franchise and is expected to enhance its competitive position in key Midwest markets once integration benefits are fully realized.
The most recent analyst rating on (HBT) stock is a Buy with a $30.00 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 underlying financial performance (profitability, improving leverage, healthy ROE) and supportive valuation (low P/E and ~3.2% yield). Offsetting factors are neutral-to-soft technical momentum (negative MACD, below 50DMA) and some cash-flow volatility, while recent corporate actions are broadly constructive (acquisition integration, dividend raise, Tier 2 capital raise).
To see Spark’s full report on HBT stock, click here.
More about HBT Financial
HBT Financial, Inc. is the Bloomington, Illinois-based holding company for Heartland Bank and Trust Company, operating as a regional banking institution. The company focuses on community and commercial banking services, with a growing presence in central Illinois and the Chicago and St. Louis metropolitan statistical areas, targeting both retail and business customers.
Average Trading Volume: 61,843
Technical Sentiment Signal: Buy
Current Market Cap: $1.04B
See more data about HBT stock on TipRanks’ Stock Analysis page.