Business
HBT Financial, Inc. Announces Third Quarter 2025 Financial Results
Third Quarter Highlights Net income of $19.8 million, or $0.63 per diluted share; return on average assets (“ROAA”) of 1.56%; return on average stockholders'
About this update from Hbt Financial, Inc.
[{"type":"text","content":"Third Quarter Highlights Net income of $19.8 million, or $0.63 per diluted share; return on average assets (“ROAA”) of 1.56%; return on average stockholders' equity (“ROAE”) of 13.31%; and return on average tangible common equity (“ROATCE”)(1) of 15.28%Adjusted net income(1) of $20.5 million, or $0.65 per diluted share; adjusted ROAA(1) of 1.61%; adjusted ROAE(1) of 13.77%; and adjusted ROATCE(1) of 15.81%Asset quality remained strong with nonperforming assets to total assets of 0.17% and net charge-offs to average loans of 0.02%, on an annualized basisNet interest margin decreased 1 basis point to 4.13% and net interest margin (tax-equivalent basis)(1) decreased 1 basis point to 4.18% BLOOMINGTON, Ill., Oct. 20, 2025 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today reported net income of $19.8 million, or $0.63 diluted earnings per share, for the third quarter of 2025. This compares to net income of $19.2 million, or $0.61 diluted earnings per share, for the second quarter of 2025, and net income of $18.2 million, or $0.57 diluted earnings per share, for the third quarter of 2024. J. Lance Carter, President and Chief Executive Officer of HBT Financial, said, “During the third quarter of 2025, we continued to produce consistently strong earnings while we maintained a solid balance sheet and saw loan growth return. Adjusted net income(1) of $20.5 million, or $0.65 per diluted share, was our highest quarterly adjusted diluted earnings per share since becoming a public company. This was driven by an increase in adjusted pre-provision net revenue(1) to $28.3 million, an increase of 2.2% compared to the second quarter of 2025. Adjusted ROAA(1) was 1.61% and adjusted ROATCE(1) was 15.81% for the third quarter of 2025. Our net interest margin on a tax equivalent basis(1) remained stable, decreasing only 1 basis point to 4.18%. Our strong profitability coupled with an improvement in our AOCI due to lower interest rates resulted in a $0.62 increase in our tangible book value per share(1) to $16.64. Tangible book value per share(1) increased by 3.9% for the quarter and 14.4% over the last year. Our balance sheet and asset quality remained strong with nonperforming assets to total assets of only 0.17%. Loan growth returned duri...