HBT Financial Management

Management criteria checks 4/4

HBT Financial's CEO is J. Carter, appointed in Aug 2019, has a tenure of 5.5 years. total yearly compensation is $1.02M, comprised of 50.6% salary and 49.4% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $2.92M. The average tenure of the management team and the board of directors is 4.8 years and 14.1 years respectively.

Key information

J. Carter

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage	50.6%
CEO tenure	5.5yrs
CEO ownership	0.4%
Management average tenure	4.8yrs
Board average tenure	14.1yrs

Recent management updates

Recent updates

HBT Financial's (NASDAQ:HBT) Dividend Will Be Increased To $0.21

Jan 25

Here's Why We Think HBT Financial (NASDAQ:HBT) Might Deserve Your Attention Today

Dec 19

HBT Financial (NASDAQ:HBT) Has Announced That It Will Be Increasing Its Dividend To $0.19

Jan 27

HBT Financial (NASDAQ:HBT) Will Pay A Larger Dividend Than Last Year At $0.17

May 02

HBT Financial (NASDAQ:HBT) Has Announced That It Will Be Increasing Its Dividend To $0.17

Jan 28

HBT Financial to acquire Town and Country Financial for ~$101.4M

Aug 23

HBT Financial Non-GAAP EPS of $0.48 beats by $0.06, revenue of $42.92M beats by $0.78M

Jul 25

HBT Financial (NASDAQ:HBT) Is Paying Out A Larger Dividend Than Last Year

May 01

HBT Financial (NASDAQ:HBT) Has Announced That It Will Be Increasing Its Dividend To US$0.16

Jan 30

CEO Compensation Analysis

How has J. Carter's remuneration changed compared to HBT Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2024	n/a	n/a	US$72m
Sep 30 2024	n/a	n/a	US$70m
Jun 30 2024	n/a	n/a	US$71m
Mar 31 2024	n/a	n/a	US$72m
Dec 31 2023	US$1m	US$514k	US$66m
Sep 30 2023	n/a	n/a	US$60m
Jun 30 2023	n/a	n/a	US$56m
Mar 31 2023	n/a	n/a	US$52m
Dec 31 2022	US$946k	US$466k	US$56m
Sep 30 2022	n/a	n/a	US$57m
Jun 30 2022	n/a	n/a	US$55m
Mar 31 2022	n/a	n/a	US$55m
Dec 31 2021	US$926k	US$455k	US$56m
Sep 30 2021	n/a	n/a	US$55m
Jun 30 2021	n/a	n/a	US$52m
Mar 31 2021	n/a	n/a	US$46m
Dec 31 2020	US$951k	US$472k	US$37m
Sep 30 2020	n/a	n/a	US$40m
Jun 30 2020	n/a	n/a	US$47m
Mar 31 2020	n/a	n/a	US$54m
Dec 31 2019	US$973k	US$440k	US$67m
Sep 30 2019	n/a	n/a	US$63m
Jun 30 2019	n/a	n/a	US$63m
Mar 31 2019	n/a	n/a	US$64m
Dec 31 2018	US$840k	US$425k	US$64m

Compensation vs Market: J.'s total compensation ($USD1.02M) is below average for companies of similar size in the US market ($USD3.21M).

Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.

CEO

J. Carter (53 yo)

5.5yrs

Tenure

US$1,015,465

Compensation

Mr. J. Lance Carter served as Chief Operating Officer of HBT Financial, Inc. (formerly known as Heartland Bancorp, Inc.) until May 23, 2023 and serves as its President and serves as its Chief executive off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Fred Drake	Executive Chairman	41.1yrs	US$924.76k	54.86% $ 421.1m
J. Carter	President	5.5yrs	US$1.02m	0.38% $ 2.9m
Peter Chapman	Executive VP & CFO	2.1yrs	US$595.74k	0.025% $ 192.7k
Renee Fehr	General Counsel & Corporate Secretary	no data	no data	no data
Diane Lanier	EVP & Chief Retail Officer	4.1yrs	no data	0.089% $ 684.8k
Mark Scheirer	Executive VP & Chief Credit Officer	6.2yrs	no data	0.077% $ 590.3k
Andrea Zurkamer	Executive VP & Chief Risk Officer	7.6yrs	no data	0.027% $ 208.2k
Lawrence Horvath	Executive VP & Chief Lending Officer	11.8yrs	no data	0.17% $ 1.3m
James Lyons	VP & Controller	no data	no data	no data
Matthew Doherty	Treasurer	2.2yrs	no data	no data

4.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: HBT's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Fred Drake	Executive Chairman	41.1yrs	US$924.76k	54.86% $ 421.1m
J. Carter	President	14.1yrs	US$1.02m	0.38% $ 2.9m
Linda Koch	Independent Director	4.7yrs	US$38.85k	0.012% $ 90.0k
C. Bowman	Independent Director	5.7yrs	US$38.55k	0.010% $ 77.8k
Patrick Busch	Director	27.1yrs	US$946.41k	0.76% $ 5.8m
Roger Baker	Independent Director	2.9yrs	US$33.75k	3.09% $ 23.7m
Allen Drake	Director	44.1yrs	US$33.40k	0.043% $ 328.7k
Gerald Pfeiffer	Independent Director	5.7yrs	US$42.25k	0.20% $ 1.5m
Eric Burwell	Independent Director	16.1yrs	US$38.50k	0.12% $ 956.3k

14.1yrs

Average Tenure

67yo

Average Age

Experienced Board: HBT's board of directors are seasoned and experienced ( 14.1 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/02 06:24
End of Day Share Price	2025/01/31 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HBT Financial, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jeffrey Rulis	D.A. Davidson & Co.
Steven Alexopoulos	J.P. Morgan
Damon DelMonte	Keefe, Bruyette, & Woods

HBT Financial Management

Management criteria checks 4/4

Key information

Recent management updates

Executive Chairman notifies of intention to sell stock

Executive Chairman recently sold US$121k worth of stock

Executive Chairman notifies of intention to sell stock

Executive Chairman recently sold US$167k worth of stock

Independent Director recently sold US$223k worth of stock

Independent Director notifies of intention to sell stock

Recent updates

Executive Chairman notifies of intention to sell stock

HBT Financial's (NASDAQ:HBT) Dividend Will Be Increased To $0.21

Fourth quarter dividend increased to US$0.21

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

HBT Financial, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2024

HBT Financial, Inc. to Report Q4, 2024 Results on Jan 22, 2025

Executive Chairman recently sold US$121k worth of stock

Here's Why We Think HBT Financial (NASDAQ:HBT) Might Deserve Your Attention Today

HBT Financial, Inc. (NasdaqGS:HBT) announces an Equity Buyback for $15 million worth of its shares.

Executive Chairman notifies of intention to sell stock

Executive Chairman recently sold US$167k worth of stock

Investor sentiment improves as stock rises 18%

Third quarter dividend of US$0.19 announced

HBT Financial, Inc. Declares Quarterly Cash Dividend, Payable on November 12, 2024

Third quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Hbt Financial, Inc. Announces Net Charge-Offs for the Third Quarter Ended September 30, 2024

HBT Financial, Inc. to Report Q3, 2024 Results on Oct 21, 2024

Independent Director recently sold US$223k worth of stock

Independent Director notifies of intention to sell stock

Second quarter dividend of US$0.19 announced

Director recently sold US$278k worth of stock

Second quarter 2024 earnings: EPS exceeds analyst expectations

Price target increased by 14% to US$25.60

Investor sentiment improves as stock rises 17%

HBT Financial, Inc. to Report Q2, 2024 Results on Jul 22, 2024

Independent Director recently bought US$114k worth of stock

First quarter dividend of US$0.19 announced

HBT Financial, Inc. Declares Quarterly Cash Dividend, Payable on May 14, 2024

New major risk - Revenue and earnings growth

HBT Financial, Inc., Annual General Meeting, May 28, 2024

HBT Financial, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.19 per share at 3.8% yield

HBT Financial (NASDAQ:HBT) Has Announced That It Will Be Increasing Its Dividend To $0.19

Fourth quarter dividend increased to US$0.19

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

HBT Financial, Inc. Declares Quarterly Cash Dividend, Payable on February 13, 2024

HBT Financial, Inc. to Report Q4, 2023 Results on Jan 24, 2024

HBT Financial, Inc. (NasdaqGS:HBT) announces an Equity Buyback for $15 million worth of its shares.

Director recently bought US$77k worth of stock

Director recently bought US$77k worth of stock

Upcoming dividend of US$0.17 per share at 3.8% yield

HBT Financial, Inc. Declares Quarterly Cash Dividend, Payable on November 14, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations

HBT Financial, Inc. to Report Q3, 2023 Results on Oct 23, 2023

Upcoming dividend of US$0.17 per share at 3.4% yield

HBT Financial, Inc. Declares Quarterly Dividend, Payable on August 15, 2023

Second quarter 2023 earnings: Revenues and EPS in line with analyst expectations

HBT Financial, Inc. to Report Q2, 2023 Results on Jul 24, 2023

HBT Financial, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Insufficient new directors

Independent Director recently bought US$89k worth of stock

HBT Financial (NASDAQ:HBT) Will Pay A Larger Dividend Than Last Year At $0.17

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Director recently sold US$336k worth of stock

HBT Financial, Inc. (NasdaqGS:HBT) acquired Town and Country Financial Corporation (OTCPK:TWCF).

Upcoming dividend of US$0.17 per share at 3.3% yield

HBT Financial (NASDAQ:HBT) Has Announced That It Will Be Increasing Its Dividend To $0.17

Full year 2022 earnings: EPS exceeds analyst expectations

HBT Financial, Inc. Declares Quarterly Cash Dividend, Payable on February 14, 2023

HBT Financial, Inc. to Report Q4, 2022 Results on Jan 25, 2023

HBT Financial, Inc. (NasdaqGS:HBT) announces an Equity Buyback for $15 million worth of its shares.

HBT Financial, Inc. Announces Executive Changes

HBT Financial, Inc. Declares Quarterly Cash Dividend, Payable on November 15, 2022

HBT Financial, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

HBT Financial, Inc. to Report Q3, 2022 Results on Oct 24, 2022

Price target increased to US$22.50

HBT Financial, Inc. (NasdaqGS:HBT) entered into an agreement to acquire Town and Country Financial Corporation (OTCPK:TWCF) for approximately $100 million.