HBT Financial reports Q1 adjusted EPS 61c, consensus 56c

Net interest income for the first quarter of 2025 was $48.7 million, an increase of 2.8% from $47.4 million for the fourth quarter of 2024. The increase was primarily attributable to higher average loan balances, a decrease in deposit costs, and higher yields on loans and debt securities. Net interest margin for the first quarter of 2025 was 4.12%, compared to 3.96% for the fourth quarter of 2024. J. Lance Carter, President and Chief Executive Officer of HBT Financial (HBT), said, “We are off to a great start in 2025 with strong first quarter results. Despite the economic outlook recently becoming more uncertain, leading to interest rate volatility and stock market declines, we still believe that 2025 will be a solid year for HBT. Our credit discipline, strong profitability and solid balance sheet give us confidence that we are prepared for a variety of economic environments.”