Hbt Financial Inc - Understand $hbt stock

$HBT Market Cap: $769.4 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$188.9M

TTM

Gross Margin

Net Earnings

$69.94M

TTM

Current Assets

Current Liabilities

$29.03M

Q3 2024

Current Ratio

Total Assets

$4.991B

Q3 2024

Total Liabilities

$4.453B

Q3 2024

Book Value

$537.7M

Q3 2024

Cash

$179.7M

Q3 2024

P/E

11.00

Nov 14, 2024 EST

Free Cash Flow

$79.96M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$229.0M	$153.1M	$128.2M	$124.1M	$143.7M	$136.0M	$129.2M	$133.4M
YoY Change	49.62%	19.37%	3.35%	-13.68%	5.69%	5.26%	-3.15%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$229.0M	$153.1M	$128.2M	$124.1M	$143.7M	$136.0M	$129.2M	$133.4M
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
Selling, General & Admin				$79.70M	$78.00M	$75.00M	$79.50M	$76.40M
YoY Change				2.18%	4.0%	-5.66%	4.06%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.108M	$3.043M	$3.074M	$2.941M	$2.709M	$4.780M	$5.210M	$5.760M
YoY Change	2.14%	-1.01%	4.52%	8.56%	-43.33%	-8.25%	-9.55%
% of Gross Profit
Operating Expenses				$65.90M	$65.80M	$62.30M	$65.70M	$66.60M
YoY Change				0.15%	5.62%	-5.18%	-1.35%
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
Interest Expense	$37.93M	$7.180M	$5.820M	$6.460M	$9.935M	-$6.400M	-$4.900M	-$5.800M
YoY Change	428.23%	23.37%	-9.91%	-34.98%	-255.23%	30.61%	-15.52%
% of Operating Profit
Other Income/Expense, Net					-$200.0K	-$900.0K	-$1.000M	-$1.500M
YoY Change					-77.78%	-10.0%	-33.33%

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
Pretax Income	$88.58M	$76.19M	$76.56M	$49.57M	$72.12M	$64.70M	$57.00M	$59.60M
YoY Change	16.26%	-0.49%	54.44%	-31.26%	11.47%	13.51%	-4.36%
Income Tax	$22.74M	$19.73M	$20.29M	$12.73M	$5.256M	$900.0K	$900.0K	$1.000M
% Of Pretax Income	25.67%	25.9%	26.5%	25.68%	7.29%	1.39%	1.58%	1.68%
Net Earnings	$65.81M	$56.46M	$56.27M	$36.85M	$66.87M	$63.80M	$56.10M	$58.50M
YoY Change	16.56%	0.33%	52.72%	-44.9%	4.8%	13.73%	-4.1%
Net Earnings / Revenue	28.74%	36.89%	43.89%	29.7%	46.52%	46.91%	43.42%	43.85%
Basic Earnings Per Share	$2.08	$1.95	$2.02	$1.34	$3.33
Diluted Earnings Per Share	$2.07	$1.95	$2.02	$1.34	$3.33	$3.544M	$3.099M	$3.232M

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
Cash & Short-Term Investments				$312.5M	$284.2M	$187.1M	$166.4M
YoY Change				9.96%	51.9%	12.44%
Cash & Equivalents				$312.5M	$284.2M	$187.1M	$166.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets				$312.5M	$284.2M	$187.1M	$166.4M
YoY Change				9.96%	51.9%	12.44%
Property, Plant & Equipment	$65.15M	$50.47M	$52.48M	$52.90M	$54.00M	$54.70M	$56.30M
YoY Change	29.09%	-3.84%	-0.79%	-2.04%	-1.28%	-2.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.119M	$3.142M	$3.092M	$997.3M	$686.4M	$805.7M	$903.3M
YoY Change	31.09%	1.62%	-99.69%	45.29%	-14.81%	-10.8%
Other Assets	$0.00	$235.0K	$1.452M	$2.600M	$2.500M	$3.500M	$5.200M
YoY Change	-100.0%	-83.82%	-44.15%	4.0%	-28.57%	-32.69%
Total Long-Term Assets				$3.354B	$2.961B	$3.063B	$3.147B
YoY Change				13.28%	-3.32%	-2.67%
Total Assets	$5.073B	$4.287B	$4.314B	$3.667B	$3.245B	$3.250B	$3.313B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$42.44M	$43.08M	$61.26M	$3.176B	$2.821B	$2.842B	$2.894B
YoY Change	-1.48%	-29.67%	-98.07%	12.58%	-0.74%	-1.77%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$42.44M	$43.08M	$61.26M	$3.176B	$2.821B	$2.842B	$2.894B
YoY Change	-1.48%	-29.67%	-98.07%	12.58%	-0.74%	-1.77%
Long-Term Debt	$92.26M	$77.18M	$77.03M	$76.90M	$37.60M	$37.50M	$66.50M
YoY Change	19.55%	0.19%	0.17%	104.52%	0.27%	-43.61%
Other Long-Term Liabilities	$34.91M	$45.82M	$25.90M	$49.50M	$53.30M	$29.50M	$29.00M
YoY Change	-23.82%	76.91%	-47.67%	-7.13%	80.68%	1.72%
Total Long-Term Liabilities	$127.2M	$123.0M	$102.9M	$126.4M	$90.90M	$67.00M	$95.50M
YoY Change	3.39%	19.49%	-18.57%	39.05%	35.67%	-29.84%
Total Liabilities	$4.584B	$3.913B	$3.902B	$3.303B	$2.912B	$2.909B	$2.989B
YoY Change	17.14%	0.27%	18.16%	13.41%	0.1%	-2.67%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	31.63M shares	28.85M	27.80M	27.46M	20.09M
Diluted Shares Outstanding	31.74M shares	28.92M	27.81M	27.46M	20.09M
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: $769.42 Million

About HBT Financial Inc

HBT Financial, Inc. is a bank holding company, which provides business, commercial and retail banking products and services to consumers, businesses, and municipal entities. The company is headquartered in Bloomington, Illinois and currently employs 844 full-time employees. The company went IPO on 2019-10-11. The Bank provides a comprehensive suite of financial products and services to consumers, businesses, and municipal entities throughout Illinois and Eastern Iowa. Its products and services are primarily deposit, lending, and ancillary products that offer a broad range of options to meet the financial needs of consumers, businesses, and municipal entities. The company also provides traditional trust and investment services, farmland management, and farmland sales through its wealth management division. The company offers a broad range of lending products with a focus on regulatory commercial real estate (CRE), which includes non-owner-occupied CRE, construction and land development (C&D) and multifamily; commercial and industrial (C&I) and owner-occupied CRE; agricultural and farmland; and one-to-four family residential loans. The company also provides municipal, consumer and other loans.

Industry: State Commercial Banks Peers: Arrow Financial Corp CAMBRIDGE BANCORP Capital City Bank Group Inc CNB Financial Corp Coastal Financial Corp (EVERETT) First Community Bankshares Inc Metrocity Bankshares Inc Midland States Bancorp Inc PNC Financial Services Group Inc