HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company and State Bank of Lincoln that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities.
HBT Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$17.73|
|52 Week High||US$11.97|
|52 Week Low||US$18.83|
|1 Month Change||18.60%|
|3 Month Change||4.17%|
|1 Year Change||37.34%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||14.09%|
Recent News & Updates
HBT Financial (NASDAQ:HBT) Has Re-Affirmed Its Dividend Of US$0.15
The board of HBT Financial, Inc. ( NASDAQ:HBT ) has announced that it will pay a dividend of US$0.15 per share on the...
HBT Financial goes ex-dividend on Monday
HBT Financial (HBT) had declared $0.15/share quarterly dividend, in line with previous.Payable May 18; for shareholders of record May 11; ex-div May 10.See HBT Dividend Scorecard, Yield Chart, & Dividend Growth.
|HBT||US Banks||US Market|
Return vs Industry: HBT underperformed the US Banks industry which returned 72.7% over the past year.
Return vs Market: HBT exceeded the US Market which returned 31.1% over the past year.
Stable Share Price: HBT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HBT's weekly volatility (4%) has been stable over the past year.
About the Company
HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company and State Bank of Lincoln that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. It offers money market, savings, checking, HSA, IRA, and interest-bearing transaction accounts; time, brokered, and noninterest-bearing demand deposits; and certificates of deposits. The company also offers commercial and industrial, agricultural and farmland, commercial real estate– owner and– non-owner occupied, multi-family, construction and land development, one-to-four family residential, and municipal, consumer, and other loans.
HBT Financial Fundamentals Summary
|HBT fundamental statistics|
Is HBT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HBT income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 25, 2021
|Earnings per share (EPS)||1.90|
|Net Profit Margin||32.42%|
How did HBT perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is HBT Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HBT ($17.73) is trading below our estimate of fair value ($35.78)
Significantly Below Fair Value: HBT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HBT is good value based on its PE Ratio (9.3x) compared to the US Banks industry average (11.2x).
PE vs Market: HBT is good value based on its PE Ratio (9.3x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: HBT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HBT is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is HBT Financial forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBT's earnings are forecast to decline over the next 3 years (-4.9% per year).
Earnings vs Market: HBT's earnings are forecast to decline over the next 3 years (-4.9% per year).
High Growth Earnings: HBT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HBT's revenue (1.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: HBT's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HBT's Return on Equity is forecast to be low in 3 years time (10.5%).
How has HBT Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBT has high quality earnings.
Growing Profit Margin: HBT's current net profit margins (32.4%) are higher than last year (32%).
Past Earnings Growth Analysis
Earnings Trend: HBT's earnings have declined by 7.7% per year over the past 5 years.
Accelerating Growth: HBT's earnings growth over the past year (10.4%) exceeds its 5-year average (-7.7% per year).
Earnings vs Industry: HBT earnings growth over the past year (10.4%) underperformed the Banks industry 37.1%.
Return on Equity
High ROE: HBT's Return on Equity (14%) is considered low.
How is HBT Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: HBT's Assets to Equity ratio (10.6x) is moderate.
Allowance for Bad Loans: HBT has a sufficient allowance for bad loans (358%).
Low Risk Liabilities: 96% of HBT's liabilities are made up of primarily low risk sources of funding.
Loan Level: HBT has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: HBT's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: HBT has an appropriate level of bad loans (0.3%).
What is HBT Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HBT's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: HBT's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether HBT's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HBT's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.6%), HBT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HBT's dividends in 3 years are forecast to be well covered by earnings (38.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Fred Drake (64 yo)
Mr. Fred L. Drake serves as Chairman of the Board of Heartland Bank. He has been a director of the Company since 1984 and a director of Heartland Bank since 1982. He became an officer of Heartland Bank in...
CEO Compensation Analysis
Compensation vs Market: Fred's total compensation ($USD1.18M) is about average for companies of similar size in the US market ($USD1.67M).
Compensation vs Earnings: Fred's compensation has increased by more than 20% in the past year.
Experienced Management: HBT's management team is seasoned and experienced (7.9 years average tenure).
Experienced Board: HBT's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HBT Financial, Inc.'s employee growth, exchange listings and data sources
- Name: HBT Financial, Inc.
- Ticker: HBT
- Exchange: NasdaqGS
- Founded: 1920
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$484.840m
- Shares outstanding: 27.35m
- Website: https://ir.hbtfinancial.com
Number of Employees
- HBT Financial, Inc.
- 401 North Hershey Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 23:06|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.