Hills Bancorp of Iowa (HBIA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HBIA SEC filings page.
Hills Bancorp of Iowa (HBIA) reported $192.0M in revenue over the twelve months to Jun 30, 2026, up 20.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Hills Bancorporation’s 2025 rebound paired faster earnings growth with cash generation, while liabilities still fund most of the balance sheet.
From FY2023 to FY2025, net income grew 58.5% while total assets grew only7.1% , showing the earnings recovery was not simply balance-sheet expansion. Over the same span, liabilities increased5.7% while equity rose16.6% , modestly reducing the balance sheet’s dependence on outside funding.
In FY2025, revenue grew
Operating cash flow reached
Financial Health Signals
We do not publish a peer-relative financial health score for Hills Bancorp of Iowa, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Hills Bancorp of Iowa passes 6 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
Key Financial Metrics
Earnings & Revenue
Hills Bancorp of Iowa generated $55.0M in revenue in Q2 2026. This represents an increase of 20.7% from the same quarter a year earlier. Against the prior quarter it is up 9.3%.
Hills Bancorp of Iowa reported $26.0M in net income in Q2 2026. This represents an increase of 39.5% from the same quarter a year earlier. Against the prior quarter it is up 18.5%.
Not reported for Q2 2026.
Cash & Balance Sheet
Hills Bancorp of Iowa generated $21.7M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 181.9% from the same quarter a year earlier. Against the prior quarter it is up 5.7%.
Hills Bancorp of Iowa held $42.1M in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Margins & Returns
Hills Bancorp of Iowa's net profit margin was 47.3% in Q2 2026, showing the share of revenue converted to profit. This is up 6.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.7 percentage points.
Hills Bancorp of Iowa's quarterly ROE was 4.6% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Hills Bancorp of Iowa spent $1.4M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 72.8% from the same quarter a year earlier. Against the prior quarter it is down 55.6%.
Hills Bancorp of Iowa invested $311K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 58.8% from the same quarter a year earlier. Against the prior quarter it is down 49.4%.
Not reported for Q2 2026.
HBIA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q/A | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q/A |
|---|---|---|---|---|---|---|---|---|
| Revenue | $55.0M+20.7% | $50.3M+19.0% | $43.9M+26.9% | $42.8M+14.6% | $45.6M+26.4% | $42.3M+21.9% | $34.6M-1.4% | $37.3M+4.6% |
| Interest Expense | $18.7M-10.7% | $18.6M-11.6% | $20.3M-9.7% | $21.3M-4.8% | $20.9M-3.5% | $21.0M0.0% | $22.4M+20.2% | $22.4M+41.0% |
| Income Tax | $7.2M+44.1% | $5.6M+67.1% | $3.6M+23.8% | $3.3M+1.8% | $5.0M+48.9% | $3.3M+6.4% | $2.9M+53.2% | $3.2M+74.2% |
| Net Income | $26.0M+39.5% | $21.9M+52.0% | $14.5M+31.7% | $12.9M+6.0% | $18.7M+51.5% | $14.4M+19.3% | $11.0M+59.6% | $12.2M+68.0% |
| EPS (Basic) | $1.49 | $2.50+55.3% | $1.65+34.1% | $1.46+8.1% | $1.05 | $1.61+21.1% | $1.23+61.8% | $1.35+70.9% |
| EPS (Diluted) | $1.49 | $2.50+55.3% | $1.65+34.1% | $1.46+8.1% | $1.05 | $1.61+21.1% | $1.23+61.8% | $1.35+70.9% |
| Diluted Shares (Avg) | 17M | 9M-2.1% | N/A | 9M-1.9% | 18M | 9M-1.7% | N/A | 9M-1.5% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
HBIA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q/A | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q/A |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.8B+4.2% | $4.7B+2.4% | $4.6B+1.3% | $4.7B+4.9% | $4.6B+6.1% | $4.6B+4.0% | $4.6B+5.7% | $4.4B+4.5% |
| Cash & Equivalents | $42.1M-19.8% | $56.1M-46.7% | $42.1M-65.9% | $47.2M-13.1% | $52.5M+53.3% | $105.2M+11.9% | $123.4M+107.5% | $54.3M-50.5% |
| Goodwill | $2.5M0.0% | $2.5M0.0% | $2.5M0.0% | $2.5M0.0% | $2.5M0.0% | $2.5M0.0% | $2.5M0.0% | $2.5M0.0% |
| Total Liabilities | $4.2B+3.1% | $4.1B+1.2% | $4.0B-0.1% | $4.1B+4.4% | $4.0B+5.8% | $4.0B+3.7% | $4.0B+5.8% | $3.9B+3.8% |
| Total Equity | $568.9M+11.3% | $545.6M+10.5% | $548.2M+11.3% | $531.2M+7.5% | $511.2M+7.3% | $493.6M+6.0% | $492.7M+4.8% | $494.2M+11.0% |
| Retained Earnings | $666.2M+10.7% | $640.2M+9.8% | $629.1M+8.7% | $614.6M+8.2% | $601.7M+8.3% | $583.0M+7.3% | $578.9M+6.9% | $567.9M+6.3% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
HBIA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q/A | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q/A |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $22.0M+160.4% | $21.2M+40.6% | $22.6M+101.5% | $22.7M-9.8% | $8.5M+43.2% | $15.0M+13.6% | $11.2M-8.9% | $25.2M+46.0% |
| Depreciation & Amortization | $716K+20.1% | $396K-34.2% | $618K+2.7% | $612K+10.7% | $596K+24.9% | $602K-1.5% | $602K+28.9% | $553K-10.2% |
| Stock-Based Compensation | N/A | $12K+140.0% | N/A | N/A | N/A | $5K-16.7% | N/A | N/A |
| Capital Expenditures | $311K-58.8% | $615K+31.4% | $1.8M+13.3% | $661K-48.1% | $755K-44.1% | $468K+55.5% | $1.6M+129.1% | $1.3M+20.7% |
| Free Cash Flow | $21.7M+181.9% | $20.5M+40.9% | $20.8M+115.9% | $22.1M-7.8% | $7.7M+69.1% | $14.6M+12.6% | $9.6M-17.1% | $23.9M+47.6% |
| Investing Cash Flow | -$129.4Mn/m | -$18.2M-266.0% | $1.3Mn/m | -$57.6Mn/m | -$78.4Mn/m | $11.0Mn/m | -$105.0Mn/m | -$67.2Mn/m |
| Financing Cash Flow | $93.4M+442.9% | $11.0Mn/m | -$29.0M-117.8% | $29.6M-52.3% | $17.2Mn/m | -$44.2M-238.3% | $162.9M+134.0% | $62.0M-42.4% |
| Dividends Paid | $0n/m | $10.8M+4.7% | $0n/m | $0-100.0% | $0 | $10.3M+2.6% | $0n/m | $1K0.0% |
| Share Buybacks | $1.4M-72.8% | $3.1M+30.5% | $4.5M+153.2% | $3.6M-39.9% | $5.1M+159.2% | $2.4M-24.0% | $1.8M+10.9% | $6.0M+227.5% |
HBIA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q/A | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q/A |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 47.3%+6.3pp | 43.6%+9.5pp | 33.0%+1.2pp | 30.2%-2.4pp | 40.9%+6.8pp | 34.1%-0.8pp | 31.9%+12.2pp | 32.6%+12.3pp |
| Return on Equity | 4.6%+0.9pp | 4.0%+1.1pp | 2.6%+0.4pp | 2.4%0.0pp | 3.6%+1.1pp | 2.9%+0.3pp | 2.2%+0.8pp | 2.5%+0.8pp |
| Return on Assets | 0.5%+0.1pp | 0.5%+0.1pp | 0.3%+0.1pp | 0.3%0.0pp | 0.4%+0.1pp | 0.3%0.0pp | 0.2%+0.1pp | 0.3%+0.1pp |
| Liabilities-to-Equity | 7.32-0.6x | 7.46-0.7x | 7.38-0.8x | 7.66-0.2x | 7.91-0.1x | 8.15-0.2x | 8.21+0.1x | 7.89-0.5x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 39.4%+22.5pp | 40.8%+6.3pp | 47.4%+19.5pp | 51.6%-12.5pp | 16.9%+4.3pp | 34.5%-2.9pp | 27.9%-5.3pp | 64.1%+18.7pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, Debt-to-Equity.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Hills Bancorp of Iowa HBIA | FY2025 | $174.5M | $60.5M | 34.7% | $812.6M | — |
| Frmrs&MER Bncorp Lodi CA FMCB | FY2025 | $242.8M | $93.6M | 38.6% | $1.0B | — |
Where Hills Bancorp of Iowa Ranks
Frequently Asked Questions
Hills Bancorp of Iowa (HBIA) reported $174.5M in total revenue for fiscal year 2025. This represents a 22.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Hills Bancorp of Iowa (HBIA) revenue grew by 22.4% year-over-year, from $142.6M to $174.5M in fiscal year 2025.
Yes, Hills Bancorp of Iowa (HBIA) reported a net income of $75.4M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $60.5M, with a net profit margin of 34.7%.
Hills Bancorp of Iowa (HBIA) had a net profit margin of 34.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Hills Bancorp of Iowa (HBIA) paid $1.15 per share in dividends during fiscal year 2025.
Hills Bancorp of Iowa (HBIA) has a return on equity of 11.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Hills Bancorp of Iowa (HBIA) generated $65.1M in free cash flow during fiscal year 2025. This represents a 27.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Hills Bancorp of Iowa (HBIA) generated $68.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Hills Bancorp of Iowa (HBIA) had $4.6B in total assets as of fiscal year 2025, including both current and long-term assets.
Hills Bancorp of Iowa (HBIA) invested $3.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Hills Bancorp of Iowa (HBIA) had a liabilities-to-equity ratio of 7.38 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Hills Bancorp of Iowa (HBIA) had a return on assets of 1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Hills Bancorp of Iowa (HBIA) trades at 10.8x earnings, its market capitalization divided by $75.4M net income, trailing 12 months to June 30, 2026. The market capitalization is $812.6M as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Hills Bancorp of Iowa (HBIA) trades at 4.2x sales, its market capitalization divided by $192.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $812.6M as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Hills Bancorp of Iowa (HBIA) has a Piotroski F-Score of 6 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.