HBT Financial (HBT) AI Stock Analysis

• Market Cap: $843.95M
• Dividend Yield: 3.13%
• Average Volume (3M): 32.02K
• Price to Earnings (P/E): 10.8
• Beta (1Y): 0.88
• Revenue Growth: 3.86%
• EPS Growth: 12.33%
• Country: US
• Employees: 844
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.65
• Shares Outstanding: 31,431,925
• 10 Day Avg. Volume: 33,904
• 30 Day Avg. Volume: 32,015
• PEG Ratio: 1.06
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 2.43
• P/FCF Ratio: 8.25
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 2.85
• Enterprise Value/Gross Profit: 3.60
• Enterprise Value/Ebitda: 7.46
• 1Y Price Target: $28.83
• Price Target Upside: 7.37% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): 2.51
• Revenue Forecast (FY): $238.83M

• Rating: 79 Outperform
• Price Target: $28.00 ▲(4.28% Upside)

HBT Financial's strong financial performance and attractive valuation are the most significant factors contributing to its overall score. The merger announcement and dividend declaration further enhance the company's prospects. Technical indicators suggest stable momentum, though caution is advised due to potential overbought conditions.

Positive Factors

Merger with CNB Bank Shares

The merger with CNB Bank Shares is expected to enhance HBT's market presence and operational capabilities, providing long-term growth opportunities and competitive advantages in the regional banking sector.

Revenue Growth

Robust revenue growth indicates HBT's successful market expansion and product adoption, supporting sustained business development and profitability over the long term.

Dividend Declaration

The consistent dividend declaration reflects HBT's strong cash generation ability and commitment to returning value to shareholders, enhancing investor confidence and long-term shareholder value.

Negative Factors

Cash Flow Management

Declining free cash flow growth suggests potential challenges in cash flow management, which could impact HBT's ability to finance growth initiatives and maintain financial flexibility over time.

Equity Ratio

A relatively low equity ratio indicates a higher reliance on liabilities, which may pose risks to financial stability and limit HBT's ability to absorb economic shocks in the long term.

Gross Profit Margin Decline

A decline in gross profit margin could signal increasing cost pressures or competitive challenges, potentially affecting HBT's profitability and operational efficiency in the long run.

HBT Financial Business Overview & Revenue Model

Company Description

HBT Financial (HBT) is a financial services company based in the United States, primarily engaged in providing banking and investment solutions. As a community bank, HBT offers a range of services including personal and business banking, mortgage lending, and wealth management. The company serves clients across various sectors, focusing on delivering tailored financial solutions to individuals, small businesses, and corporate clients.

How the Company Makes Money

HBT Financial generates revenue through several key streams. Primarily, the company earns interest income from loans provided to customers, including personal loans, mortgages, and commercial loans. In addition to interest income, HBT also generates fee-based revenue from various banking services such as account maintenance fees, transaction fees, and wealth management services. The bank may also benefit from investment banking activities and asset management fees. Partnerships with other financial institutions and local businesses enhance HBT's service offerings and can contribute to its overall earnings by expanding its customer base and increasing transaction volumes.

HBT Financial Financial Statement Overview

Summary

HBT Financial exhibits strong financial health with robust revenue growth and profitability. The balance sheet is stable with low leverage, and cash flow management remains efficient despite recent declines in free cash flow growth. Overall, the company is well-positioned in the regional banking sector, with a strong financial foundation and growth trajectory.

Income Statement

HBT Financial demonstrates strong revenue growth with a TTM growth rate of 18.5%, indicating robust expansion. The gross profit margin remains high at 78.3%, showcasing operational efficiency. Net profit margin is solid at 26.3%, reflecting profitability. EBIT and EBITDA margins are healthy, supporting strong earnings performance. Overall, the income statement reflects a well-managed and growing financial position.

Balance Sheet

The balance sheet shows a favorable debt-to-equity ratio of 0.17, indicating low leverage and financial stability. Return on equity is strong at 13.8%, suggesting effective use of equity capital. The equity ratio is solid, reflecting a stable financial structure. However, a slight decrease in stockholders' equity over the periods suggests a need for cautious monitoring.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth at -7.6% in the TTM, indicating potential cash flow management challenges. However, the operating cash flow to net income ratio remains positive, suggesting adequate cash generation relative to earnings. The free cash flow to net income ratio is high at 93.2%, reflecting efficient cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	292.82M	285.21M	263.64M	186.72M	164.23M	156.77M
Gross Profit	231.96M	219.33M	218.14M	180.25M	166.49M	139.77M
EBITDA	111.87M	103.17M	94.36M	80.11M	80.69M	53.75M
Net Income	78.34M	71.78M	65.84M	56.46M	56.27M	36.84M
Balance Sheet
Total Assets	5.04B	5.03B	5.07B	4.29B	4.31B	3.67B
Cash, Cash Equivalents and Short-Term Investments	644.36M	189.98M	901.22M	957.68M	1.35B	1.24B
Total Debt	60.16M	134.60M	147.33M	280.26M	138.29M	122.62M
Total Liabilities	4.44B	4.49B	4.58B	3.91B	3.90B	3.30B
Stockholders Equity	599.13M	544.61M	489.50M	373.63M	411.88M	363.92M
Cash Flow
Free Cash Flow	71.22M	83.87M	62.70M	71.54M	42.07M	29.39M
Operating Cash Flow	78.45M	89.37M	65.83M	72.59M	43.10M	31.25M
Investing Cash Flow	-63.46M	32.35M	132.66M	-335.12M	-349.61M	-380.45M
Financing Cash Flow	-39.53M	-125.28M	-171.40M	-32.57M	403.33M	377.68M

HBT Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HBT, the sentiment is Positive. The current price of 26.85 is above the 20-day moving average (MA) of 24.91, above the 50-day MA of 24.29, and above the 200-day MA of 24.04, indicating a bullish trend. The MACD of 0.76 indicates Negative momentum. The RSI at 74.17 is Negative, neither overbought nor oversold. The STOCH value of 92.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HBT.

HBT Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CPF	80 Outperform	$874.85M	13.42	11.65%	3.34%	1.22%	15.97%
HBT	79 Outperform	$843.95M	10.85	13.78%	3.13%	3.86%	12.33%
HFWA	79 Outperform	$859.45M	15.25	6.43%	3.79%	8.27%	54.96%
MCB	74 Outperform	$820.03M	13.82	8.80%	0.38%	6.48%	8.78%
EQBK	70 Neutral	$900.41M	39.00	2.90%	1.34%	6.45%	8.32%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
HBNC	58 Neutral	$940.35M	-4.62	-26.60%	3.49%	-78.64%	-913.67%

HBT Financial Corporate Events

HBT Financial Declares Quarterly Cash Dividend

On October 21, 2025, HBT Financial, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.21 per share on its common stock. The dividend will be payable on November 10, 2025, to shareholders recorded as of November 3, 2025, reflecting the company’s ongoing commitment to returning value to its shareholders.

HBT Financial Announces Merger with CNB Bank Shares

On October 20, 2025, HBT Financial announced a merger agreement with CNB Bank Shares, Inc., which will result in CNBN becoming a wholly-owned subsidiary of HBT. The merger, unanimously approved by both companies’ boards, is expected to enhance HBT’s market presence and operational capabilities. The merger agreement outlines the conversion of CNBN shares into HBT shares or cash, with an expected cash consideration of $33.8 million and stock consideration of 5.5 million HBT shares. The merger is subject to regulatory approvals and shareholder consent. Additionally, HBT Financial reported strong financial results for the third quarter of 2025, with net income of $19.8 million and a return on average assets of 1.56%. The company maintained strong asset quality and experienced loan growth, contributing to a 3.9% increase in tangible book value per share for the quarter.