HBT Financial: Fourth Quarter Earnings Overview
HBT Financial Inc. Announces Fourth-Quarter Earnings
HBT Financial Inc., headquartered in Bloomington, Illinois, disclosed a net income of $18.9 million for the fourth quarter.
The company reported earnings of $0.60 per share, or $0.64 per share after excluding one-time expenses.
These results were in line with analysts’ expectations, as three experts polled by Zacks Investment Research had also projected earnings of $0.64 per share.
During the quarter, HBT Financial generated $74.3 million in total revenue. After accounting for interest expenses, net revenue stood at $60.4 million, which fell short of analysts’ forecasts.
For the full year, HBT Financial achieved a profit of $77 million, translating to $2.44 per share, with total revenue reaching $237.1 million.
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