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HBT Financial ( (HBT) ) has issued an announcement.
HBT Financial reported strong financial results for the fourth quarter of 2024, with a net income of $20.3 million, an increase from the previous quarter. The company announced an increased quarterly cash dividend of $0.21 per share, reflecting its robust financial performance. Despite challenges from interest rate cuts by the Federal Reserve, HBT maintained its net interest margin and demonstrated solid asset quality with low nonperforming assets and charge-offs. The company is well-positioned for future growth, supported by a strong balance sheet and no significant stress in asset quality.
More about HBT Financial
HBT Financial, Inc. is a holding company for Heartland Bank and Trust Company, operating within the financial services industry. The company primarily focuses on banking services, with a strong emphasis on maintaining asset quality and capital ratios.
YTD Price Performance: 4.09%
Average Trading Volume: 33,912
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $706.3M
For detailed information about HBT stock, go to TipRanks’ Stock Analysis page.
