Financial Performance - HBT Financial reported revenue of $59.03 million for the quarter ended December 2024, representing a 4.9% increase year-over-year [1] - Earnings per share (EPS) for the quarter was $0.62, up from $0.60 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $57.4 million by 2.84% [1] - The company delivered an EPS surprise of 6.90%, with the consensus EPS estimate being $0.58 [1] Key Metrics - Net interest margin (FTE) was 4%, matching the average estimate from two analysts [4] - Average balances of interest-earning assets were $4.76 billion, slightly below the average estimate of $4.77 billion [4] - Net charge-offs to average loans stood at 0.1%, consistent with the average estimate [4] - Efficiency ratio was 51.2%, better than the estimated 54.2% [4] - Card income was reported at $2.80 million, below the average estimate of $2.87 million [4] - Other noninterest income was $0.69 million, compared to the average estimate of $0.98 million [4] - Net interest income (FTE) was $47.96 million, slightly above the average estimate of $47.91 million [4] - Service charges on deposit accounts were $2.08 million, exceeding the average estimate of $1.98 million [4] - Wealth management fees reached $3.14 million, surpassing the average estimate of $2.93 million [4] - Total noninterest income was $11.63 million, compared to the average estimate of $10.02 million [4] - Mortgage servicing income was $1.16 million, above the average estimate of $1.06 million [4] Stock Performance - HBT Financial shares returned 0.9% over the past month, while the Zacks S&P 500 composite increased by 2.1% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential outperformance against the broader market in the near term [3]

Group 1 - HBT Financial reported quarterly earnings of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.58 per share, and showing an increase from $0.60 per share a year ago, resulting in an earnings surprise of 6.90% [1] - The company posted revenues of $59.03 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.84%, compared to $56.29 million in the same quarter last year [2] - HBT Financial has surpassed consensus EPS estimates three times over the last four quarters, while it has topped consensus revenue estimates only once in the same period [2] Group 2 - The stock has gained approximately 2.2% since the beginning of the year, while the S&P 500 has increased by 2.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.52 on revenues of $55.35 million, and for the current fiscal year, it is $2.15 on revenues of $225.65 million [7] Group 3 - The Zacks Industry Rank indicates that the Banks - Northeast sector is in the top 24% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this category [8] - HBT Financial currently holds a Zacks Rank 2 (Buy), indicating expectations for the stock to outperform the market in the near future [6]

Core Viewpoint - HBT Financial, Inc. reported strong financial performance for the fourth quarter of 2024, with net income increasing to $20.3 million, or $0.64 per diluted share, compared to previous quarters, and announced a quarterly cash dividend increase to $0.21 per share, reflecting a 10.5% rise from the prior dividend [2][6][7]. Financial Performance - The company achieved adjusted net income of $19.5 million, or $0.62 per diluted share, for Q4 2024, up from $19.2 million, or $0.61 per diluted share, in Q3 2024 [3][5]. - Net interest income for Q4 2024 was $47.4 million, a slight decrease of 0.7% from $47.7 million in Q3 2024, primarily due to lower yields on loans and deposits [7][9]. - The net interest margin (tax-equivalent basis) was 4.01% for Q4 2024, down only 2 basis points from Q3 2024, indicating resilience despite Federal Reserve interest rate cuts [3][10]. Asset Quality - Nonperforming assets to total assets stood at 0.16% as of December 31, 2024, with net charge-offs to average loans at only 0.08% for Q4 2024, reflecting strong asset quality [3][20][22]. - The company recorded a provision for credit losses of $0.7 million for Q4 2024, influenced by increased loan balances and changes in the portfolio [21]. Capital and Dividends - HBT Financial's capital ratios exceeded all regulatory requirements under Basel III, with total capital to risk-weighted assets at 16.51% as of December 31, 2024 [24]. - The Board of Directors declared a quarterly cash dividend of $0.21 per share, payable on February 11, 2025, to shareholders of record as of February 4, 2025 [6][7]. Loan and Deposit Growth - Total loans outstanding reached $3.47 billion at December 31, 2024, an increase from $3.37 billion at September 30, 2024, driven by new originations and higher usage of existing lines of credit [18]. - Total deposits were $4.32 billion at December 31, 2024, reflecting a $37.6 million increase from September 30, 2024, primarily due to higher retail account balances [19].

____________________________________ (1) See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures. EXHIBIT 99.1 HBT FINANCIAL, INC. ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS Quarterly Cash Dividend Increased to $0.21 per Share Fourth Quarter Highlights Bloomington, IL, January 22, 2025 – HBT Financial, Inc. (NASDAQ: HBT) (the "Company" or "HBT Financial" or "HBT"), the holding company for Heartl ...

In its upcoming report, HBT Financial (HBT) is predicted by Wall Street analysts to post quarterly earnings of $0.58 per share, reflecting a decline of 3.3% compared to the same period last year. Revenues are forecasted to be $57.4 million, representing a year-over-year increase of 2%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company rev ...

BLOOMINGTON, Ill., Jan. 10, 2025 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial”), the holding company for Heartland Bank and Trust Company, today announced that it will issue its fourth quarter 2024 financial results before the market opens on Wednesday, January 22, 2025. A copy of the press release announcing the fourth quarter 2024 financial results and an investor presentation will be made available on the Company’s investor relations website at https://ir.hbtfina ...

Company Announcement - HBT Financial Inc will release its fourth quarter 2024 financial results before the market opens on January 22 2025 [1] - The financial results and an investor presentation will be available on the company's investor relations website [1] Company Overview - HBT Financial Inc is the holding company for Heartland Bank and Trust Company headquartered in Bloomington Illinois [2] - The company has banking roots dating back to 1920 [2] - HBT Financial provides financial products and services to consumers businesses and municipal entities in Illinois and eastern Iowa through 66 full-service branches [2] - As of September 30 2024 the company had total assets of $5 0 billion total loans of $3 4 billion and total deposits of $4 3 billion [2]

HBT Financial (HBT) has been beaten down lately with too much selling pressure. While the stock has lost 9.3% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that m ...

Core Viewpoint - HBT Financial (HBT) is experiencing significant selling pressure, with a 10% decline over the past four weeks, but is positioned for a potential trend reversal as it is in oversold territory and analysts expect better earnings than previously predicted [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold stocks, with a reading below 30 typically indicating oversold conditions [2]. - HBT's current RSI reading is 22.3, suggesting that the heavy selling may be exhausting itself and a trend reversal could occur soon [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts that earnings estimates for HBT have increased by 0.3% over the last 30 days, indicating potential price appreciation in the near term [6]. - HBT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [7].

Group 1: Value Investing Overview - Value investing is a preferred strategy for identifying strong stocks in various market conditions, utilizing metrics and fundamental analysis to find undervalued companies [1] Group 2: HBT Financial (HBT) - HBT Financial has a Zacks Rank of 2 (Buy) and an A grade for Value, with a Forward P/E ratio of 10.29, lower than the industry average of 11.24 [2] - Over the past 52 weeks, HBT's Forward P/E has fluctuated between 8.27 and 11.45, with a median of 9.22 [2] - HBT has a P/CF ratio of 8.75, significantly lower than the industry average of 24, with a range of 6.90 to 9.76 over the past year [7] Group 3: Midland States Bancorp (MSBI) - Midland States Bancorp also holds a Zacks Rank of 2 (Buy) and an A grade for Value [3] - MSBI has a P/B ratio of 0.74, compared to the industry's price-to-book ratio of 1.28, with a range of 0.65 to 0.93 over the past 12 months [8] Group 4: Investment Insights - Both HBT Financial and Midland States Bancorp are considered undervalued stocks, supported by strong earnings outlooks [4] - The Zacks ranking system emphasizes earnings estimates and revisions to identify winning stocks, while also considering trends in value, growth, and momentum [5] - The Style Scores system highlights stocks with "A" grades for Value and high Zacks Ranks as top value stocks [6]