HBT Financial, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 24, 2023 at 12:15 pm
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HBT Financial, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 48.87 million compared to USD 34.37 million a year ago. Net income was USD 18.47 million compared to USD 14.09 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.49 a year ago.
For the six months, net interest income was USD 95.71 million compared to USD 66.3 million a year ago. Net income was USD 27.68 million compared to USD 27.69 million a year ago. Basic earnings per share from continuing operations was USD 0.88 compared to USD 0.96 a year ago. Diluted earnings per share from continuing operations was USD 0.88 compared to USD 0.95 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. 
