Hills Bancorporation - Understand $hbia stock

$HBIA Market Cap: $629 Million

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Financial Snapshot

Revenue

Gross Margin

Net Earnings

$43.49M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$4.437B

Q3 2024

Total Liabilities

$3.897B

Q3 2024

Book Value

$540.9M

Q3 2024

Cash

$54.28M

Q3 2024

P/E

14.46

Nov 27, 2024 EST

Free Cash Flow

$29.13M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue
YoY Change

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.315M	$2.683M	$3.052M	$3.128M	$3.072M	$3.012M	$2.856M	$2.745M	$2.748M	$2.559M	$2.790M	$2.788M	$2.430M	$2.570M	$2.410M	$2.240M	$2.250M	$2.400M
YoY Change	-13.72%	-12.09%	-2.43%	1.82%	1.99%	5.46%	4.04%	-0.11%	7.39%	-8.28%	0.07%	14.73%	-5.45%	6.64%	7.59%	-0.44%	-6.25%	-0.83%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	$57.03M	$16.09M	$17.63M	$26.95M	$34.87M	$26.32M	$17.97M	$16.09M	$14.97M	$15.04M	$16.85M	$21.53M
YoY Change	254.57%	-8.75%	-34.6%	-22.71%	32.48%	46.47%	11.72%	7.48%	-0.47%	-10.75%	-21.74%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$48.47M	$60.87M	$62.09M	$49.92M	$57.87M	$45.67M	$47.60M	$45.95M	$40.89M	$38.10M	$36.84M	$37.38M	$37.60M	$32.60M	$21.20M	$19.70M	$23.30M	$22.50M
YoY Change	-20.36%	-1.97%	24.37%	-13.73%	26.7%	-4.05%	3.59%	12.38%	7.31%	3.42%	-1.42%	-0.6%	15.34%	53.77%	7.61%	-15.45%	3.56%	2.74%
Income Tax	$10.30M	$13.11M	$14.01M	$11.28M	$12.55M	$8.905M	$19.54M	$14.39M	$12.47M	$11.13M	$10.91M	$10.54M	$10.80M	$9.300M	$5.200M	$5.600M	$7.100M	$6.900M
% Of Pretax Income	21.24%	21.55%	22.56%	22.59%	21.69%	19.5%	41.05%	31.33%	30.5%	29.21%	29.62%	28.21%	28.72%	28.53%	24.53%	28.43%	30.47%	30.67%
Net Earnings	$38.18M	$47.75M	$48.09M	$38.65M	$45.32M	$36.77M	$28.06M	$31.56M	$28.42M	$26.97M	$25.93M	$26.83M	$26.80M	$23.30M	$16.00M	$14.10M	$16.10M	$15.60M
YoY Change	-20.06%	-0.69%	24.42%	-14.72%	23.26%	31.03%	-11.07%	11.04%	5.35%	4.02%	-3.36%	0.12%	15.02%	45.63%	13.48%	-12.42%	3.21%	2.63%
Net Earnings / Revenue
Basic Earnings Per Share	$4.16	$5.15	$5.16	$4.12	$4.85	$3.93	$3.01	$3.40	$3.04	$2.88	$2.76	$5.69
Diluted Earnings Per Share	$4.16	$5.15	$5.16	$4.12	$4.85	$3.92	$3.01	$3.40	$3.04	$2.87	$2.75	$5.68	$3.011M	$2.648M	$1.798M	$1.567M	$1.789M	$1.696M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$36.36M	$35.63M	$36.80M	$38.70M	$40.30M	$37.10M	$37.90M	$37.90M	$33.50M	$29.10M	$29.80M	$30.60M	$30.30M	$26.80M	$26.40M	$23.60M	$21.20M	$22.10M
YoY Change	2.05%	-3.18%	-4.91%	-3.97%	8.63%	-2.11%	0.0%	13.13%	15.12%	-2.35%	-2.61%	0.99%	13.06%	1.52%	11.86%	11.32%	-4.07%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$21.27M	$24.06M	$9.100M	$6.100M	$8.000M	$10.90M	$8.800M	$12.60M	$11.70M	$9.900M	$8.600M	$7.100M	$8.500M	$9.900M	$8.900M	$9.000M	$7.700M	$7.600M
YoY Change	-11.6%	164.41%	49.18%	-23.75%	-26.61%	23.86%	-30.16%	7.69%	18.18%	15.12%	21.13%	-16.47%	-14.14%	11.24%	-1.11%	16.88%	1.32%
Total Long-Term Assets
YoY Change
Total Assets	$4.342B	$3.980B	$4.045B	$3.782B	$3.301B	$3.043B	$2.963B	$2.656B	$2.494B	$2.334B	$2.168B	$2.100B	$2.018B	$1.931B	$1.831B	$1.781B	$1.661B	$1.551B
YoY Change
Accounts Payable	$6.102M	$1.394M	$1.200M	$1.700M	$2.500M	$1.800M	$1.300M	$1.000M	$800.0K	$900.0K	$1.100M	$1.400M	$1.600M	$2.000M	$2.300M	$2.900M	$3.200M	$3.500M
YoY Change	337.73%	16.17%	-29.41%	-32.0%	38.89%	38.46%	30.0%	25.0%	-11.11%	-18.18%	-21.43%	-12.5%	-20.0%	-13.04%	-20.69%	-9.38%	-8.57%
Accrued Expenses	$2.220M	$2.190M	$2.500M	$2.900M	$3.200M
YoY Change	1.37%	-12.4%	-13.79%	-9.38%
Deferred Revenue
YoY Change
Short-Term Debt	$219.0M	$82.06M					$0.00	$33.50M	$44.10M	$47.50M	$42.00M	$38.80M	$52.80M	$46.90M	$68.50M	$99.90M	$87.10M	$59.10M
YoY Change	166.87%						-100.0%	-24.04%	-7.16%	13.1%	8.25%	-26.52%	12.58%	-31.53%	-31.43%	14.7%	47.38%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$8.322M	$3.584M	$3.700M	$4.600M	$5.700M	$1.800M	$1.300M	$1.000M	$800.0K	$900.0K	$1.100M	$1.400M	$1.600M	$2.000M	$2.300M	$2.900M	$3.200M	$3.500M
YoY Change	132.2%	-3.14%	-19.57%	-19.3%	216.67%	38.46%	30.0%	25.0%	-11.11%	-18.18%	-21.43%	-12.5%	-20.0%	-13.04%	-20.69%	-9.38%	-8.57%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$19.78M	$18.20M	$18.20M	$16.70M	$21.80M	$20.80M	$23.50M	$19.90M	$23.30M	$20.70M	$16.40M	$16.10M	$17.20M	$15.40M	$12.60M	$11.90M	$8.600M	$6.300M
YoY Change	8.68%	-0.01%	8.98%	-23.39%	4.81%	-11.49%	18.09%	-14.59%	12.56%	26.22%	1.86%	-6.4%	11.69%	22.22%	5.88%	38.37%	36.51%
Total Long-Term Liabilities	$19.78M	$18.20M	$18.20M	$16.70M	$21.80M	$20.80M	$23.50M	$19.90M	$23.30M	$20.70M	$16.40M	$16.10M	$17.20M	$15.40M	$12.60M	$11.90M	$8.600M	$6.300M
YoY Change	8.68%	-0.01%	8.98%	-23.39%	4.81%	-11.49%	18.09%	-14.59%	12.56%	26.22%	1.86%	-6.4%	11.69%	22.22%	5.88%	38.37%	36.51%
Total Liabilities	$3.827B	$3.501B	$3.556B	$3.319B	$2.874B	$2.659B	$2.608B	$2.326B	$2.184B	$2.044B	$1.894B	$1.844B	$1.782B	$1.740B	$1.656B	$1.618B	$1.508B	$1.412B
YoY Change	9.29%	-1.54%	7.14%	15.49%	8.09%	1.93%	12.15%	6.49%	6.83%	7.91%	2.74%	3.47%	2.41%	5.08%	2.37%	7.25%	6.84%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	9.177M shares	9.268M shares	9.307M shares	9.369M shares	9.356M shares	9.366M shares	9.330M shares	9.287M shares	9.344M shares	9.388M shares	9.420M shares	4.716M shares
Diluted Shares Outstanding	9.177M shares	9.270M shares	9.311M shares	9.373M shares	9.360M shares	9.370M shares	9.335M shares	9.294M shares	9.350M shares	9.393M shares	9.428M shares	4.721M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $629.04 Million

About HILLS BANCORPORATION

Hills Bancorporation is a holding company, which engages in the business of banking. The company is headquartered in Hills, Iowa and currently employs 474 full-time employees. The company went IPO on 2001-07-16. The Company, through its subsidiary bank, Hills Bank and Trust Company (the Bank), is engaged in the business of banking. The Bank is a full-service commercial bank extending its services to individuals, businesses, governmental units and institutional customers. The Bank is actively engaged in all areas of commercial banking, including acceptance of demand, savings and time deposits; making commercial, real estate, agricultural and consumer loans; maintaining night and safe deposit facilities; and performing collection, exchange and other banking services tailored for individual customers. The Bank administers estates, personal trusts, and pension plans and provides farm management, investment advisory and custodial services for individuals, corporations and nonprofit organizations. The company offers residential, commercial and agricultural real estate loans. The Bank offers consumer loans, including personal loans and automobile loans.

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