earnings
confidence high
sentiment positive
materiality 0.75
HBT Financial Q4 2022 net income $17.2M ($0.59 EPS); dividend up to $0.17; merger close Feb 1
HBT Financial, Inc.
2022-FY EPS reported
$1.95
- Net income $17.2M, $0.59 diluted EPS; adjusted net income $17.9M, $0.62 adjusted diluted EPS.
- Net interest margin expanded 45 bps to 4.10%; cost of deposits only 0.09%.
- Nonperforming assets to total assets 0.12%; net recoveries to average loans (0.14)%.
- Quarterly dividend increased to $0.17/share from $0.16, payable Feb 14 to holders of record Feb 7.
- Pending merger with Town and Country Financial expected to close on Feb 1, 2023; integration on track.