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HBT Financial, Inc. reported a solid second quarter in 2021, with net income reaching $13.7 million, or $0.50 per diluted share. The company saw strong performance among its customer base, leading to increased core deposits, growth in earning assets, and improved asset quality.
Net income of $13.7 million, or $0.50 per diluted share
Return on average assets (ROAA) of 1.40%
Return on average stockholders' equity (ROAE) of 15.07%
Adjusted net income of $14.2 million, or $0.52 per diluted share
The company is focused on completing its acquisition of NXT Bancorporation, which is expected to occur in the fourth quarter of 2021.