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Dec 31, 2024
Hbt Financial Q4 2024 Earnings Report
Reported strong earnings for the fourth quarter of 2024, driven by a resilient net interest margin and strong financial performance.
Key Takeaways
HBT Financial, Inc. reported a net income of $20.3 million, or $0.64 diluted earnings per share, for the fourth quarter of 2024. The company's adjusted net income was $19.5 million, or $0.62 per diluted share. The net interest margin was 3.96%, and the adjusted ROAA was 1.56%.
Net income was $20.3 million, or $0.64 per diluted share.
Adjusted net income was $19.5 million, or $0.62 per diluted share.
Net interest margin was 3.96%, and net interest margin (tax-equivalent basis) was 4.01%.
Asset quality remained strong with nonperforming assets to total assets of 0.16%.
Hbt Financial
Hbt Financial
Forward Guidance
Looking ahead to 2025, HBT Financial feels confident that its balance sheet is well positioned to absorb the market’s interest rate outlook, its capital levels and operational structure support attractive acquisition opportunities should the right opportunity arise, and its asset quality remains strong with no significant signs of stress in any specific sector.