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 reports community banking developments for Heartland Bank and Trust Company, its bank subsidiary serving consumers, businesses and municipal entities across Illinois and eastern Iowa. News about HBT commonly centers on quarterly operating results, net interest margin, loan and deposit trends, asset quality, wealth management fees, card income and service charges on deposit accounts.
Company updates also cover capital actions such as subordinated debt issuance, governance changes at HBT and Heartland Bank, and completed bank mergers that expand the Heartland Bank franchise in Illinois-area markets. The company's public communications frame HBT as a bank holding company with one reportable community banking segment.
HBT Financial, the holding company for Heartland Bank and Trust Company, has announced that it will release its third quarter 2024 financial results before the market opens on Monday, October 21, 2024. The company, which trades on NASDAQ under the ticker symbol HBT, will make the press release and an investor presentation available on its investor relations website at https://ir.hbtfinancial.com. This announcement provides shareholders and interested parties with advance notice of when to expect the company's latest financial performance data.
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.
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