Brief: HBT Financial Inc Obtains Information Related To Litigation Loss Contingency

HBT Financial

08/03/2023 21:39

March 8 (Reuters) - HBT Financial Inc  HBT.O :
    * HBT FINANCIAL INC -  OBTAINED INFORMATION RELATED TO
LITIGATION
LOSS CONTINGENCY THAT RESULTED IN RECOGNITION OF $13.0 MILLION
ACCRUAL, RELATED $7.4 MILLION INSURANCE RECOVERY RECEIVABLE AS
OF DEC 31, 2022
    * HBT FINANCIAL INC - REDUCED QTRLY NET INCOME, AS
ORIGINALLY
REPORTED ON JANUARY 25, 2023, BY $4.0 MILLION TO $13.1 MILLION
    * HBT FINANCIAL INC - REDUCED ORIGINALLY REPORTED DILUTED
EARNINGS
PER SHARE OF $0.59 TO $0.46 FOR THE FOURTH QUARTER

Source: (shorturl.at/hivGT)
Further company coverage:  HBT.O 

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