HBT Financial, Inc. (HBT): M&A transaction — HBT Financial files CNB audited financials and pro forma for completed acquisition

HBT Financial, Inc.

CNB net income $16.4M in 2025 ($2.89 basic EPS), up from $13.7M in 2024.
CNB total assets $1.80B, net loans $1.31B, total deposits $1.49B at Dec 31 2025.
Net interest income $61.4M in 2025 vs $53.1M in 2024; provision for credit losses $1.3M.
Pro forma combined statements for year ended Dec 31 2025 filed as Exhibit 99.2.

item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

HBT Financial, Inc. completed an acquisition involving CNB Bank Shares, Inc. (closed 2026-03-01).

Action: acquisition
Counterparty: CNB Bank Shares, Inc.
Closing: 2026-03-01

Exact text from the filing

On March 1, 2026, HBT Financial, Inc. (“HBT Financial”) completed its previously announced acquisition (the “Merger”) of CNB Bank Shares, Inc., an Illinois corporation (“CNB”), pursuant to an Agreement and Plan of Merger, dated October 20, 2025 between HBT Financial, CNB, and HB-CNB Merger, Inc., a Delaware corporation (“MergerCo”) and wholly-owned subsidiary of HBT Financial (the “Merger Agreement”).

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HBT Financial, Inc. filing history →

Source: SEC EDGAR

accession 0000775215-26-000050

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