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Jun 30, 2024
Hbt Financial Q2 2024 Earnings Report
Reported strong performance metrics with solid loan growth and stable core deposits.
Key Takeaways
HBT Financial, Inc. reported a net income of $18.1 million, or $0.57 diluted earnings per share, for the second quarter of 2024. The company saw solid loan growth of $39.5 million and stability in its core deposit base. The net interest margin expanded slightly to 4.00%.
Net income was $18.1 million, or $0.57 per diluted share.
Return on average assets was 1.45%, and return on average stockholders' equity was 14.48%.
Asset quality remained strong, with nonperforming assets to total assets at 0.17%.
Net interest margin increased slightly to 3.95%, or 4.00% on a tax-equivalent basis.
Hbt Financial
Hbt Financial
Forward Guidance
This document does not contain explicit forward guidance. It contains a section on forward-looking statements with factors that could cause actual results to differ materially.