HBT Financial Q2 adjusted EPS beats on CNB acquisition; raises dividend

HBT Financial

27/07/2026 12:17

Overview
U.S. regional bank's Q2 adjusted EPS and adjusted net income beat analyst expectations
Company raised quarterly dividend by $0.02 per share
Net interest income rose, driven by CNB acquisition and higher yields

Outlook
Company expects no material acquisition-related expenses from CNB merger in coming quarters
HBT Financial says capital levels and operational structure support organic growth and acquisitions
Company says balance sheet remains strong and prepared for various economic environments

Result Drivers
CNB ACQUISITION - Higher average interest-earning asset balances and customer base from CNB merger drove increases in net interest income and noninterest income
HIGHER ASSET YIELDS - Improved yields on loans and securities contributed to higher net interest margin
HIGHER FUNDING COSTS - Net interest margin gains were partially offset by increased funding costs from acquired deposit base and new subordinated notes

Company press release: ID:nGNX1vknZy

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.78
$0.73 (5 Analysts)
Q2 EPS
 
$0.76
 
Q2 Adjusted Net Income
Beat
$28.54 mln
$26.71 mln (5 Analysts)
Q2 Net Income
 
$27.84 mln
 
Q2 Net Interest Income
 
$69.06 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 "hold."
Wall Street's median 12-month price target for HBT Financial, Inc is $33.00, about 0.9% below its July 24 closing price of $33.29
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
July 24 - First Bancshares Missouri Q2 profit rises helped by branch acquisition
July 24 - Tompkins Financial's Q2 EPS rises on improved interest margin and loan growth

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)