HBT Financial, Inc.

HBT Financial, Inc.

HBTยทNASDAQ

$27.76

-2.5%
Financial ServicesBanks - Regional

HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts. Its loan offering comprises owner and non-owner occupied commercial real estate; construction and land development and multi-family; commercial and industrial; agricultural and farmland; and one-to-four family residential loans, as well as municipal, consumer, and other loans. The company also offers wealth management services, including financial planning to consumers, trusts, and estates; trustee and custodial; investment management; corporate retirement plan consulting and administration; and retail brokerage services. In addition, it provides farmland management, farmland sales, and crop insurance services; and treasury management services, as well as originates and sells residential mortgage loans. Further, the company offers digital banking services, such as online and mobile banking, and digital payment services, as well as personal financial management tools. It operates through 57 branch locations in Central and Northeastern Illinois and four locations in Eastern Iowa. The company was formerly known as Heartland Bancorp, Inc. and changed its name to HBT Financial, Inc. in September 2019. HBT Financial, Inc. was founded in 1920 and is headquartered in Bloomington, Illinois.

At a Glance

Live Snapshot
Market Cap$872.55M
EPS2.4400
P/E Ratio11.38
Earnings Date07/27/2026
3Y+15.0%
5Y+166.0%
10Y+22.0%
3Y-89.0%
5Y-90.0%
10Y-254.0%
3Y+87.0%
5Y-116.0%
10Y-24.0%
HBT

HBT Financial, Inc. Cash Conversion Engine

HBT ยท NASDAQ
Net Income77.01M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital294.00K
Others5.97M
Capital Expenditures-10.25M
Free Cash Flow73.02M

Cash Flow Quality Analysis

FCF Conversion Rate

94.8%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

12.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-12.9%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

+$294.00K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

HBT Financial, Inc. Cash Flow Statement

HBT โ€ข NASDAQ

HBT Financial, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
OPERATING ACTIVITIES
77M
71.8M
65.8M
56.5M
56.3M
36.8M
66.9M
63.8M
56.1M
58.5M
0.0
5.8M
5.8M
3.9M
4.1M
4.2M
4.1M
4.8M
5.2M
5.8M
0.0
996K
3.8M
-2.9M
2.9M
-339K
-2.7M
0.0
0.0
0.0
0.0
1.8M
2M
1.9M
764K
351K
0.0
0.0
0.0
0.0
6M
4.8M
7.1M
5.8M
-3.4M
355K
-22K
11.1M
9.4M
4.1M
(26.6M)
(23.9M)
(20.5M)
(20M)
(20.9M)
(17.5M)
(880K)
(851K)
(892K)
(906K)
294K
4.3M
-18.7M
7.4M
-17.6M
-10.1M
20.7M
313K
1.4M
-68K
83.3M
89.4M
65.8M
72.6M
43.1M
31.3M
89.1M
80M
72.1M
68.3M
INVESTING ACTIVITIES
(0.0)
-5.5M
-3.1M
-1M
-1M
-1.9M
-2.1M
-1.7M
-2.2M
-1.3M
(0.0)
(0.0)
-14.5M
(0.0)
-4.8M
(0.0)
(114K)
(0.0)
(0.0)
(29.8M)
(0.0)
-105.3M
-3M
-371.7M
-513.8M
-523.6M
-73.1M
-189.4M
-355.6M
-207.3M
0.0
195.6M
287.9M
154.2M
213.5M
223M
201.5M
275.8M
275.6M
192.7M
-37.8M
-52.4M
-134.6M
-116.6M
-43.5M
-78M
-11M
-19.6M
0.0
40.6M
-37.8M
(32.3M)
(132.7M)
-335.1M
-349.6M
-380.5M
(115.3M)
(65.1M)
-90.3M
(24.6M)
FINANCING ACTIVITIES
-4.5M
-4.4M
-8.9M
-4.8M
-4.9M
0.0
138.5M
-907K
0.0
924K
-70.1M
207K
-234.2M
160M
-12.5M
39.2M
-1.8M
-29M
25M
-50.1M
-26.6M
-24.2M
-21.9M
-18.6M
-16.8M
-16.5M
-225M
-42.6M
-57.1M
-40.7M
-4.5M
-4.4M
-8.9M
-4.8M
-4.9M
(0.0)
(0.0)
-907K
(0.0)
(0.0)
40.3M
-96.9M
93.6M
-169.2M
437.5M
355M
-19.1M
-51.4M
-22.8M
10M
-60.9M
-125.3M
-171.4M
-32.6M
403.3M
377.7M
-107.3M
-123.9M
-54.8M
-80M
CASH FLOW SUMMARY
-15.4M
-3.6M
27.1M
-295.1M
96.8M
28.5M
97.1M
21.2M
-73.1M
12.9M
137.7M
141.3M
114.2M
409.3M
312.5M
284M
186.9M
165.7M
238.7M
225.9M
122.3M
137.7M
141.3M
114.2M
409.3M
312.5M
284M
186.9M
165.7M
238.7M
73M
83.9M
62.7M
71.5M
42.1M
29.4M
86.9M
78.3M
69.9M
66.8M

SEC Filings

HBT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
S-4

S-4

N/A

May 27, 2026
May 27, 2026
ย 
8-K

8-K 2026

N/A

May 21, 2026
May 19, 2026
2026
S-3/A

S-3/A (Amended)

N/A

May 13, 2026
May 13, 2026
ย 
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 28, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

April 29, 2026
March 01, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 08, 2026
May 19, 2026
2026
8-K

8-K 2026

N/A

March 25, 2026
March 24, 2026
2026
8-K

8-K 2026

N/A

March 11, 2026
March 11, 2026
2026
Showing 1 to 10 of 127 filings