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HBT Financial, Inc. 8-K Filings

HBT NASDAQ

Every 8-K that HBT Financial, Inc. (HBT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow HBT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HBT filings page.

Rhea-AI Summary

HBT Financial, Inc. entered into a definitive Agreement and Plan of Merger to acquire Tri-County Financial Group, Inc., parent of First State Bank, in a cash-and-stock transaction valued at approximately $204.6 million based on HBT’s $36.35 share price on August 7, 2026. TYFG shareholders may elect 2.4589 HBT shares, $71.01 in cash, or a mix per TYFG share, subject to election and proration, with an expected aggregate mix of about $59.9 million in cash and 3.8 million HBT shares. The deal implies $82.89 per TYFG share, and TYFG holders are expected to own roughly 9% of HBT common stock post-closing.

On a pro forma basis the combined company is expected to have about $8.3 billion in assets, $6.0 billion in loans, and $7.1 billion in deposits. HBT projects 11.1% EPS accretion in the first full year with expected cost saves, against 2.4% tangible book value dilution at close and an earnback of less than one year using the crossover method. Conditions include TYFG stockholder approval, regulatory approvals and effectiveness of an S-4. A $7.25 million TYFG termination fee applies in specified circumstances, and holders of about 28% of TYFG shares have agreed to vote in favor. TYFG director Thomas K. Prescott is expected to join the boards of HBT and Heartland Bank at closing.

Rhea-AI Summary

HBT Financial, Inc. reported strong second quarter 2026 results and raised its quarterly dividend. Net income was $27.8 million, or $0.76 per diluted share, up from $11.2 million in the first quarter of 2026 and $19.2 million a year earlier. Adjusted net income was $28.5 million, or $0.78 per diluted share. Return on average assets was 1.66% and return on average tangible common equity was 17.69%, with adjusted returns of 1.70% and 18.13%.

Net interest income rose to $69.1 million, driven by higher interest-earning asset balances and improved loan and securities yields after the CNB merger. Net interest margin increased to 4.32%, or 4.38% on a tax-equivalent basis. Noninterest income was $11.8 million. Noninterest expense declined to $42.4 million as acquisition-related costs dropped to $0.3 million from $15.7 million in the prior quarter, while underlying operating costs increased with the expanded franchise.

Credit metrics remained strong, with nonperforming assets of $9.9 million, or 0.15% of total assets, and an allowance for credit losses equal to 1.27% of loans. At June 30, 2026, loans totaled $4.75 billion, deposits $5.76 billion, and total assets $6.73 billion. The common equity tier 1 capital ratio was 12.64%, and tangible book value per share rose to $17.60. The board increased the quarterly cash dividend to $0.25 per share from $0.23, payable August 18, 2026 to shareholders of record on August 11, 2026, and the company repurchased 15,466 shares at a weighted average price of $27.53, leaving $14.0 million authorized under its stock repurchase program.

Rhea-AI Summary

HBT Financial, Inc. reported the results of its annual meeting of stockholders held on May 19, 2026. Stockholders elected all 12 director nominees to serve until the 2027 annual meeting or until their successors are elected and qualified, with each nominee receiving more votes for than withheld.

Stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 29,046,470 votes for, 200,525 against, 188,854 abstentions, and 2,625,219 broker non-votes. In addition, they ratified the appointment of RSM US LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 31,873,848 votes for, 37,991 against, and 149,229 abstentions.

Rhea-AI Summary

HBT Financial, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.23 per share on its common stock. The dividend will be paid on May 19, 2026 to shareholders who are on record as of May 12, 2026.

Rhea-AI Summary

HBT Financial filed an amended report to add detailed financial information for its acquisition of CNB Bank Shares, Inc., which closed on March 1, 2026. The amendment supplies CNB’s audited 2025 and 2024 financial statements and unaudited pro forma 2025 results for the combined company.

CNB reported total assets of $1.80 billion and total deposits of $1.49 billion at December 31, 2025, with stockholders’ equity of $170.4 million. Net income for 2025 was $16.4 million, up from $13.7 million in 2024, and total comprehensive income reached $30.8 million. The filing also includes pro forma combined balance sheet and income statement information as of and for the year ended December 31, 2025.

Rhea-AI Summary

HBT Financial, Inc. reported first quarter 2026 net income of $11.2 million, or $0.34 per diluted share, as one‑time merger charges from its CNB acquisition weighed on results. On an adjusted basis, excluding acquisition and other items, net income was $22.6 million, or $0.68 per diluted share, with adjusted return on average assets of 1.60%.

The March 1, 2026 merger with CNB added roughly $1.8 billion in assets, $1.3 billion in loans and $1.5 billion in deposits, lifting total assets to $6.8 billion, loans to $4.7 billion and deposits to $5.8 billion at March 31, 2026. Net interest income rose to $56.4 million and net interest margin improved to (4.25% on a tax‑equivalent basis) as higher‑yielding assets and securities repositioning offset modestly higher funding costs.

Asset quality remained solid, with nonperforming assets at 0.21% of total assets, annualized net charge‑offs at 0.08% of average loans and an allowance for credit losses of 1.29% of loans. The company strengthened capital by issuing $85 million of 5.75% subordinated notes due 2036 and still reported a common equity tier 1 ratio of 12.42% and tangible common equity to tangible assets of 9.31%. HBT also repurchased about 603,000 shares at an average price of $25.84 during the quarter.

Rhea-AI Summary

HBT Financial, Inc. filed a current report announcing that its Boards of Directors for both HBT Financial and Heartland Bank and Trust Company increased their size and appointed Michael J. Morton as a director, effective April 1, 2026. His initial term will run until the 2026 Annual Meeting, when he will be eligible for re-election.

Morton brings nearly 40 years of banking experience, including roles as Vice Chair of U.S. Commercial Banking at Bank of Montreal from 2020 to 2023 and Executive Vice President and Chief Credit Officer of MB Financial, Inc. from 2014 to 2019. He will be compensated under HBT Financial’s existing non-employee director compensation program, with no special arrangements or related-party relationships disclosed.

As of December 31, 2025, HBT Financial reported total assets of $5.1 billion, total loans of $3.5 billion, and total deposits of $4.4 billion, operating through 83 full-service branches across Illinois, eastern Iowa, and suburban St. Louis.

Rhea-AI Summary

HBT Financial, Inc. entered into a Subordinated Note Purchase Agreement and issued $85 million of 5.75% fixed-to-floating rate subordinated notes due 2036 in a private placement to institutional investors. The notes carry a fixed 5.75% coupon until March 15, 2031, then reset quarterly to three‑month SOFR plus 233 basis points.

The notes are unsecured, subordinated obligations of HBT Financial, intended to qualify as Tier 2 regulatory capital, and are not guaranteed by subsidiaries. The company may redeem them, in whole or in part, at par plus accrued interest on or after March 15, 2031, and earlier only in limited circumstances defined in the indenture.

HBT Financial plans to use the net proceeds for general corporate purposes, which may include potential share repurchases. The company also agreed to a registration rights framework to later exchange these privately placed notes for registered subordinated notes with substantially the same terms.

Rhea-AI Summary

HBT Financial, Inc. has completed its merger with CNB Bank Shares, Inc., paying approximately $34 million in cash and issuing about 5.5 million shares of HBT Financial common stock as aggregate consideration. CNB shareholders could elect stock, $27.73 in cash per share, or a mix, subject to proration.

CNB Bank & Trust has been merged into Heartland Bank & Trust, expanding HBT Financial’s presence in central Illinois, the Chicago metro area, and the St. Louis metro area. As of December 31, 2025, CNB had $1.8 billion in assets, while HBT Financial reported $5.1 billion in assets. Former CNB directors James T. Ashworth and Nancy L. Ruyle have joined the boards of HBT Financial and Heartland Bank.

Rhea-AI Summary

HBT Financial, Inc. reports progress on its planned acquisition of CNB Bank Shares, Inc. and its bank subsidiary, CNB Bank & Trust, N.A. CNB shareholders approved the merger on January 26, 2026, and all required regulatory approvals were obtained as of January 30, 2026.

The merger remains subject to customary closing conditions and is expected to close on or around February 27, 2026. HBT also reiterates standard forward-looking statement cautions, highlighting risks such as potential closing delays, integration challenges, and possible adverse reactions from customers or employees.

Rhea-AI Summary

HBT Financial, Inc. reported that its Board of Directors declared a quarterly cash dividend of $0.23 per share on its common stock. The dividend will be paid on February 17, 2026 to shareholders of record as of February 9, 2026. This new rate is $0.02 higher than the previous quarterly dividend of $0.21 per share.

Rhea-AI Summary

HBT Financial, Inc. furnished an update on its performance by issuing an earnings press release covering the fourth quarter and full year ended December 31, 2025. The company reported these results in a press release dated January 26, 2026, which is attached as Exhibit 99.1.

HBT Financial also prepared an investor presentation summarizing the same period’s results for use in meetings with the investment community, furnished as Exhibit 99.2 and made available on its investor relations website. Both the earnings release and the presentation are furnished, not filed, which limits their exposure to certain Exchange Act liabilities and incorporation into other SEC filings unless required by law.

Rhea-AI Summary

HBT Financial, Inc. declared a quarterly cash dividend of $0.21 per share on its common stock.

The dividend is payable on November 10, 2025 to shareholders of record as of November 3, 2025. The Board approved the dividend on October 21, 2025.

Rhea-AI Summary

HBT Financial (HBT) entered a definitive agreement to acquire CNB Bank Shares (CNBN). A wholly owned HBT subsidiary will merge into CNBN, which will then become a wholly owned HBT subsidiary and merge into HBT; CNB Bank & Trust will later merge into Heartland Bank.

At closing, each CNBN share will convert, at the holder’s election and subject to proration and adjustments, into 1.0434 HBT shares, $27.73 in cash, or a mix. Based on CNBN’s current common and RSUs, CNBN holders are expected to receive approximately $33.8 million in cash and about 5.5 million HBT shares. In lieu of fractional shares, cash will be paid.

Closing is subject to customary conditions, including CNBN shareholder approval, required regulatory approvals, and the effectiveness of an S-4 registering HBT shares to be issued. CNBN directors and certain shareholders signed voting and support agreements. The agreement includes a $7.25 million termination fee payable by CNBN to HBT under specified events. HBT will appoint CNBN directors Jim Ashworth and Nancy Ruyle to the boards of HBT and Heartland Bank, subject to governance procedures.

Rhea-AI Summary

HBT Financial, Inc. notified its paying agent, UMB Bank N.A., that it intends to redeem all $40 million of its outstanding 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 on September 15, 2025. The Company stated the redemption will be at a price equal to 100% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date, and that the Notice was given pursuant to the Paying Agent and Registrar Agreement governing the Notes.

Rhea-AI Summary

HBT Financial, Inc. filed an Item 8.01 Form 8-K stating that on July 22, 2025 its Board declared a $0.21 quarterly cash dividend on the company’s common stock. The dividend will be paid on August 12, 2025 to shareholders of record at the close of business on August 5, 2025. No other material events, financial results, or guidance were disclosed. The action signals ongoing capital returns and suggests management’s confidence in current liquidity and earnings stability. Investors who own the shares before the ex-dividend date (typically one business day prior to the record date) will receive the payment.