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Sep 30, 2023
Hbt Financial Q3 2023 Earnings Report
Reported a strong quarter with increased profitability, driven by a solid balance sheet and conservative underwriting standards.
Key Takeaways
HBT Financial, Inc. reported a net income of $19.7 million, or $0.62 per diluted share, for the third quarter of 2023. The company's ROAA was 1.58% and the ROATCE was 20.70%. Asset quality remained strong, with nonperforming assets to total assets at 0.16%.
Net income was $19.7 million, or $0.62 per diluted share.
Adjusted net income was $20.3 million, or $0.63 per diluted share.
Asset quality remained strong with nonperforming assets to total assets of 0.16%.
Net interest margin of 4.07% and net interest margin (tax-equivalent basis) of 4.13%.
Hbt Financial
Hbt Financial
Forward Guidance
The company did not provide specific forward guidance in this earnings report.