HBT Financial, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 24, 2024 at 11:44 am
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HBT Financial, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 47.08 million compared to USD 42.18 million a year ago. Net income was USD 18.45 million compared to USD 13.14 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.46 a year ago.
For the full year, net interest income was USD 191.07 million compared to USD 145.87 million a year ago. Net income was USD 65.84 million compared to USD 56.46 million a year ago. Basic earnings per share from continuing operations was USD 2.08 compared to USD 1.95 a year ago. Diluted earnings per share from continuing operations was USD 2.07 compared to USD 1.95 a year ago.
HBT Financial, Inc. is a bank holding company for Heartland Bank and Trust Company (the Bank). 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. It also provides traditional trust and investment services, farmland management, and farmland sales through its wealth management division. It 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. It also provides municipal, consumer and other loans.
HBT FINANCIAL, INC. 
