HBT Financial (HBT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - HBT Financial reported a revenue of $58.01 million for the quarter ended March 2025, reflecting a year-over-year increase of 10.9% and surpassing the Zacks Consensus Estimate by 2.32% [1] - The earnings per share (EPS) for the quarter was $0.61, up from $0.57 in the same quarter last year, resulting in an EPS surprise of 7.02% compared to the consensus estimate [1] Financial Performance Metrics - Net charge-offs to average loans were reported at 0.1%, matching the average estimate from analysts [4] - The efficiency ratio was 53.9%, better than the estimated 55.2% [4] - The net interest margin (FTE) stood at 4.2%, exceeding the average estimate of 4% [4] - Average balances of interest-earning assets were $4.80 billion, slightly below the estimated $4.81 billion [4] - Service charges on deposit accounts were $1.94 million, slightly below the estimated $1.95 million [4] - Card income was reported at $2.55 million, lower than the average estimate of $2.78 million [4] - Other noninterest income was $0.80 million, below the estimated $1.02 million [4] - Total noninterest income reached $9.31 million, slightly above the average estimate of $9.29 million [4] - Mortgage servicing income was $0.99 million, below the estimated $1.03 million [4] - Wealth management fees were reported at $2.84 million, slightly below the average estimate of $2.85 million [4] - Net interest income (FTE) was $49.25 million, exceeding the average estimate of $47.72 million [4] Stock Performance - HBT Financial's shares have returned -3.3% over the past month, compared to a -5.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]