HBT Financial (HBT) AI Stock Analysis

• Market Cap: $704.41M
• Dividend Yield: 3.49%
• Average Volume (3M): 30.52K
• Price to Earnings (P/E): 9.9
• Beta (1Y): 0.96
• Revenue Growth: 8.55%
• EPS Growth: 9.52%
• Country: US
• Employees: 844
• Sector: Financial
• Sector Strength: 80
• Industry: Banks - Regional
• EPS (TTM): 2.26
• Shares Outstanding: 31,559,366
• 10 Day Avg. Volume: 30,459
• 30 Day Avg. Volume: 30,520
• PEG Ratio: 1.04
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.22
• Price to Cash Flow (P/CF): 10.40
• P/FCF Ratio: 6.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $25.70
• Price Target Upside: 14.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

HBT Financial's solid financial performance, attractive valuation, and positive corporate developments result in a strong overall stock score. Consistent revenue growth, robust profitability, and a zero-debt balance sheet are key strengths. The technical analysis indicates short-term caution, but the stock remains fundamentally sound and undervalued, making it appealing for long-term investors.

HBT Financial Business Overview & Revenue Model

Company Description

HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts. Its loan offering comprises owner and non-owner occupied commercial real estate; construction and land development and multi-family; commercial and industrial; agricultural and farmland; and one-to-four family residential loans, as well as municipal, consumer, and other loans. The company also offers wealth management services, including financial planning to consumers, trusts, and estates; trustee and custodial; investment management; corporate retirement plan consulting and administration; and retail brokerage services. In addition, it provides farmland management, farmland sales, and crop insurance services; and treasury management services, as well as originates and sells residential mortgage loans. Further, the company offers digital banking services, such as online and mobile banking, and digital payment services, as well as personal financial management tools. It operates through 57 branch locations in Central and Northeastern Illinois and four locations in Eastern Iowa. The company was formerly known as Heartland Bancorp, Inc. and changed its name to HBT Financial, Inc. in September 2019. HBT Financial, Inc. was founded in 1920 and is headquartered in Bloomington, Illinois.

How the Company Makes Money

HBT Financial generates revenue primarily through the interest income from its lending activities, including commercial and consumer loans, as well as mortgages. Another significant revenue stream is non-interest income, which includes service charges on deposit accounts, transaction fees, and fees from wealth management and investment advisory services. The company's earnings are further supported by its strategic focus on community banking, emphasizing personalized customer service and strong local relationships. Additionally, HBT Financial benefits from its diversified portfolio of financial products and careful management of interest rate risks.

HBT Financial Financial Statement Overview

Summary

HBT Financial demonstrates strong financial health with consistent revenue growth and solid profitability. The balance sheet is robust, featuring a high equity ratio and zero debt. However, cash flow generation could be improved, as indicated by the lower operating cash flow.

Income Statement

HBT Financial shows a strong gross profit margin and consistent revenue growth over recent years. Despite a decline in EBITDA margin due to decreased EBITDA in 2024, the net profit margin remains solid at 28.5%. The company experienced significant revenue growth of 9.35% from 2023 to 2024, indicating a positive trajectory.

Balance Sheet

The balance sheet is robust with a high equity ratio of 10.82% and a commendable return on equity of 13.18% for 2024. The company has managed to reduce its total debt to zero, improving its financial stability. However, the equity ratio shows a slight decrease from the previous year, indicating a need for careful monitoring.

Cash Flow

HBT Financial's cash flow performance is stable with a positive free cash flow. The operating cash flow to net income ratio stands at 0.39, indicating a room for improvement in cash generation efficiency. Free cash flow growth has been positive, but the lower operating cash flow suggests potential challenges in sustaining cash operations.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
251.70M	230.17M	179.54M	158.41M	150.31M
	Gross Profit
251.70M	230.17M	179.54M	158.41M	150.31M
	EBIT
247.38M	88.58M	86.41M	76.56M	49.57M
	EBITDA
0.00	94.36M	80.11M	80.69M	53.75M
	Net Income Common Stockholders
71.78M	65.84M	56.46M	56.27M	36.84M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
727.60M	141.25M	957.68M	1.35B	1.24B
	Total Assets
5.03B	5.07B	4.28B	4.31B	3.67B
	Total Debt
105.63M	104.89M	237.18M	77.03M	76.89M
	Net Debt
-29.55M	-36.88M	123.02M	-332.73M	-235.56M
	Total Liabilities
4.49B	4.58B	3.90B	77.03M	76.89M
	Stockholders Equity
544.61M	489.50M	377.65M	411.88M	363.92M
Cash Flow		Free Cash Flow
27.88M	62.70M	71.54M	42.07M	29.39M
	Operating Cash Flow
27.88M	65.83M	72.59M	43.10M	31.25M
	Investing Cash Flow
20.00K	132.66M	-335.12M	-349.61M	-380.45M
	Financing Cash Flow
-28.94M	-171.40M	-32.57M	403.33M	377.68M

HBT Financial Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HBT, the sentiment is Negative. The current price of 22.42 is below the 20-day moving average (MA) of 22.96, below the 50-day MA of 23.88, and above the 200-day MA of 22.26, indicating a neutral trend. The MACD of -0.39 indicates Positive momentum. The RSI at 37.46 is Neutral, neither overbought nor oversold. The STOCH value of 21.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HBT.

HBT Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBT	76 Outperform	$704.41M	9.86	13.88%	3.49%	8.55%	9.52%
GABC	68 Neutral	$1.40B	13.26	12.16%	2.94%	11.44%	-2.75%
UBCP	65 Neutral	$76.43M	10.05	11.23%	5.58%	7.53%	-19.74%
Sector *	63 Neutral	$14.39B	9.81	8.95%	4.37%	16.38%	-11.64%
FUNC	58 Neutral	$192.32M	9.45	12.06%	2.83%	16.56%	40.31%
FVCB	55 Neutral	$193.92M	13.02	6.66%	―	22.60%	284.38%
FFWM	44 Neutral	$429.95M	―	-9.34%	0.96%	6.75%	62.30%

HBT Financial Corporate Events

HBT Financial Reports Strong Q4 and Dividend Increase

HBT Financial reported strong financial results for the fourth quarter of 2024, with a net income of $20.3 million, an increase from the previous quarter. The company announced an increased quarterly cash dividend of $0.21 per share, reflecting its robust financial performance. Despite challenges from interest rate cuts by the Federal Reserve, HBT maintained its net interest margin and demonstrated solid asset quality with low nonperforming assets and charge-offs. The company is well-positioned for future growth, supported by a strong balance sheet and no significant stress in asset quality.