HBT Financial Q4 EPS meets expectations

Overview

• Bank holding company's Q4 adjusted EPS meets analyst expectations

• Adjusted net income for Q4 slightly missed analyst estimates

• Company progressing with merger with CNB Bank Shares, expected Q1 2026

Outlook

• Company anticipates merger with CNB Bank to close in Q1 2026

• HBT Financial expects strong performance in 2026 due to liquidity and asset quality

• Company sees merger enhancing presence in Chicago and St. Louis markets

Result Drivers

• LOAN GROWTH - Loans increased by $56.2 mln, driven by new originations in construction, land development, and multi-family segments

• DEPOSIT INCREASE - Deposits rose by $12.1 mln, despite moving $50 mln off balance sheet due to strong liquidity

• ASSET QUALITY - Asset quality remained strong with nonperforming assets stable at 0.17% of total assets

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for HBT Financial Inc is $30.50, about 10.6% above its January 23 closing price of $27.57

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNXNjc27

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