Welcome to our dedicated page for Hbt Financial news (Ticker: HBT), a resource for investors and traders seeking the latest updates and insights on Hbt Financial stock.
HBT Financial, Inc. (HBT) is a leading Midwest community bank providing commercial, retail, and wealth management services across Illinois and Iowa. This dedicated news hub offers investors and stakeholders timely access to official announcements and financial developments.
Track all regulatory filings, earnings reports, and strategic initiatives through our curated collection of press releases. Users will find updates on loan portfolio performance, dividend declarations, leadership changes, and community partnership programs.
The repository prioritizes SEC filings, quarterly earnings details, and merger/acquisition activity alongside service expansion announcements. Bookmark this page for streamlined monitoring of HBT's financial position and market activities within the community banking sector.
HBT Financial (NASDAQ: HBT) reported strong Q2 2024 results with net income of $18.1 million, or $0.57 per diluted share. The company achieved a return on average assets (ROAA) of 1.45% and a return on average tangible common equity (ROATCE) of 17.21%. Asset quality remained robust with nonperforming assets at 0.17% of total assets. The net interest margin increased slightly to 4.00% (tax-equivalent basis). Loan growth was solid at $39.5 million, or 4.7% annualized. The company's tangible book value per share grew 17.8% year-over-year to $13.64. HBT Financial maintained strong capital ratios, exceeding regulatory requirements, with a total capital to risk-weighted assets ratio of 16.01%.
HBT Financial, the holding company for Heartland Bank and Trust Company, will release its second quarter 2024 financial results on July 22, 2024, before the market opens. The announcement will include a detailed press release and an investor presentation, available on the company's investor relations website.