HBT Financial's Q3 profit beats estimates, to acquire CNB Bank Shares

HBT Financial

20/10/2025 12:18

Overview

HBT Financial Q3 adjusted EPS of $0.65 beats analyst expectations

Adjusted net income for Q3 was $20.5 mln, surpassing analyst estimates

CNB Bank to merge into HBT in $170.2 million stock and cash deal

Outlook

HBT Financial announces merger agreement with CNB Bank Shares

Company confident in handling various economic environments

Result Drivers

ASSET QUALITY - Strong asset quality with nonperforming assets at 0.17% and net charge-offs at 0.02% of average loans

LOAN GROWTH - Loan growth returned with quarter-end loans increasing 6.2% annualized due to higher loan pipelines and fewer payoffs

DEBT SECURITIES YIELDS - Improved yields on debt securities contributed positively to net interest margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$0.65
$0.61 (5 Analysts)
Q3 EPS
$0.63
Q3 Adjusted Net Income
Beat
$20.45 mln
$19.59 mln (5 Analysts)
Q3 Net Income
$19.76 mln
Q3 Net Interest Income
$49.98 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for HBT Financial Inc is $30.00, about 21.3% above its October 17 closing price of $23.60

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX2ywvF

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)