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HBT Financial, Inc. (HBT)

$32.51 +$0.33 (+1.03%) |Exceptional · 84
Bottom line: STRONG BUY — our Council read (84/100) and AI Score (84/100) broadly agree.
MCap: $1.02B| P/E Ratio: 13.4| Vol: 121.7K| Target: $32.00 (-1.6%)| 52-wk range: $22.36 – $31.15
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

HBT Financial, Inc. (HBT) trades at $32.51 with AI Score 84/100 (Grade A+). HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company, providing a range of banking and wealth management services. Market cap: $1.02B, Sector: Financial services.

Price live · AI analysis from May 10, 2026
HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company, providing a range of banking and wealth management services. With a strong presence in Central and Northeastern Illinois and Eastern Iowa, HBT focuses on serving individuals, businesses, and municipal entities.

HBT stock analysis for 2026: Analysts have set a consensus price target of $32.00 for HBT Financial, Inc., suggesting 1.6% downside from the current price of $32.51. The AI MoonshotScore is 84/100, indicating a strong bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.

Council Score · Weighted Average of 3 Disciplines
STRONG BUY 84/100 · A+

HBT: 1/1 perspectives are bullish.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

HBT Financial, Inc. (HBT) Financial Services Profile

CEOJ. Lance Carter
Employees844
HeadquartersBloomington, IL, US
IPO Year2019

HBT Financial, Inc., through Heartland Bank and Trust Company, delivers comprehensive banking and wealth management solutions across Illinois and Iowa. Founded in 1920, HBT distinguishes itself with a community-focused approach, diverse loan offerings, and digital banking advancements, positioning it as a key regional player in the financial services sector.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: May 10, 2026

What Is the Investment Thesis for HBT?

HBT Financial, Inc. presents a compelling investment case based on its established regional presence, diverse service offerings, and consistent profitability. With a market capitalization of $1.02B and a P/E ratio of 13.4, HBT demonstrates stable financial performance. The company's profit margin of 22.7% and gross margin of 80.6% highlight efficient operations. A dividend yield of 3.03% offers an attractive income stream for investors. Growth catalysts include the expansion of digital banking services and strategic wealth management initiatives. However, potential risks involve interest rate sensitivity and regional economic fluctuations. HBT's beta of 0.55 suggests lower volatility compared to the market, making it a potentially stable addition to an investment portfolio. Continued focus on community banking and technological advancements should drive long-term value.

Based on FMP financials and quantitative analysis

HBT Key Highlights

  • Market capitalization of $1.02B, reflecting substantial investor confidence.
  • P/E ratio of 13.4, indicating a potentially undervalued stock compared to its earnings.
  • Profit margin of 22.7%, showcasing efficient profitability in its operations.
  • Gross margin of 80.6%, demonstrating strong cost management and revenue generation.
  • Dividend yield of 3.03%, providing a consistent income stream for investors.

Who Are HBT's Competitors?

HBT is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
CFBK CF Bankshares Inc. $31.78 -0.19% $204.47M 77
MBWM Mercantile Bank Corporation $57.67 -0.24% $996.21M 58
UCBI United Community Banks, Inc. $27.83 -3.23% $3.32B 46
MCHB Mechanics Bank $16.21 +0.31% 4B 71
STLE Steele Bancorp Inc. $43.05 -0.67% $80.01M 69
NASB NASB Financial, Inc. $40.30 +0.00% $289.22M 68
CIBEY Commercial International Bank (Egypt) S.A.E $2.63 +3.54% $8.68B 67
GBOOY Grupo Financiero Banorte, S.A.B. de C.V. $54.16 +0.39% $30.47B 67

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are HBT's Key Strengths?

  • Strong regional presence in Illinois and Iowa.
  • Diverse range of banking and wealth management services.
  • Experienced management team.
  • Solid financial performance with consistent profitability.

What Are HBT's Weaknesses?

  • Limited geographic diversification.
  • Reliance on traditional banking model.
  • Potential sensitivity to interest rate fluctuations.
  • Smaller scale compared to larger national banks.

What Could Drive HBT Stock Higher?

  • Expansion of digital banking services to attract and retain customers.
  • Strategic wealth management initiatives to increase fee income.
  • Increased lending to small and medium-sized businesses to drive loan growth.
  • Potential geographic expansion within the Midwest to capture new markets.
  • Partnerships with fintech companies to offer innovative financial products and services.

What Are the Key Risks for HBT?

  • Financial-distress signal — its Altman Z-Score of 0.46 sits in the distress zone (elevated bankruptcy risk).
  • Economic downturn in operating regions impacting loan performance.
  • Increasing competition from larger national banks and fintech companies.
  • Regulatory changes impacting the banking industry.
  • Cybersecurity risks and data breaches compromising customer data.
  • Interest rate fluctuations affecting net interest margin.

What Are the Growth Opportunities for HBT?

  • Expansion of Digital Banking Services: HBT can capitalize on the growing demand for digital banking solutions by enhancing its online and mobile banking platforms. This includes offering more advanced features such as AI-powered financial management tools and personalized customer service. The digital banking market is projected to reach $9 trillion by 2028, providing a significant opportunity for HBT to attract and retain customers through innovative digital offerings. Timeline: Ongoing.
  • Strategic Wealth Management Initiatives: HBT can grow its wealth management business by expanding its service offerings and targeting high-net-worth individuals and families in its operating regions. This includes offering financial planning, investment management, and retirement planning services. The wealth management market is expected to reach $145 trillion by 2030, presenting a substantial growth opportunity for HBT. Timeline: Ongoing.
  • Increased Lending to Small and Medium-Sized Businesses (SMBs): HBT can focus on increasing its lending activities to SMBs, which are a key driver of economic growth in its operating regions. This includes offering tailored loan products and financial services to meet the specific needs of SMBs. The SMB lending market is projected to reach $1.2 trillion by 2027, providing a significant opportunity for HBT to expand its loan portfolio. Timeline: Ongoing.
  • Geographic Expansion within the Midwest: HBT can strategically expand its branch network and service offerings within the Midwest region to capture new markets and customers. This includes targeting areas with strong economic growth and a high demand for community banking services. The Midwest banking market is expected to grow at a rate of 3-4% annually, offering opportunities for HBT to increase its market share. Timeline: Upcoming.
  • Partnerships with Fintech Companies: HBT can partner with fintech companies to offer innovative financial products and services to its customers. This includes partnering with companies that specialize in areas such as digital payments, online lending, and robo-advisory services. The fintech market is projected to reach $305 billion by 2025, providing opportunities for HBT to enhance its service offerings and attract new customers. Timeline: Ongoing.

What Opportunities Does HBT Have?

  • Expansion of digital banking services.
  • Strategic wealth management initiatives.
  • Increased lending to small and medium-sized businesses.
  • Geographic expansion within the Midwest.

What Threats Does HBT Face?

  • Increasing competition from larger national banks and fintech companies.
  • Economic downturn in operating regions.
  • Regulatory changes impacting the banking industry.
  • Cybersecurity risks and data breaches.

What Are HBT's Competitive Advantages?

  • Strong regional presence and brand recognition in Central and Northeastern Illinois and Eastern Iowa.
  • Established customer relationships and community banking focus.
  • Diverse range of banking and wealth management services.
  • Experienced management team with a deep understanding of the local market.

What Does HBT Do?

HBT Financial, Inc., established in 1920 and headquartered in Bloomington, Illinois, functions as the bank holding company for Heartland Bank and Trust Company. The bank offers a wide array of business, commercial, and retail banking products and services tailored to individuals, businesses, and municipal entities. Its deposit accounts include noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts. HBT's loan portfolio is diverse, encompassing owner and non-owner occupied commercial real estate, construction and land development, multi-family, commercial and industrial, agricultural and farmland, and one-to-four family residential loans, as well as municipal, consumer, and other loans. Beyond traditional banking, HBT provides wealth management services, including financial planning for consumers, trusts, and estates; trustee and custodial services; investment management; corporate retirement plan consulting and administration; and retail brokerage services. The company also offers farmland management, farmland sales, and crop insurance services, alongside treasury management services. HBT originates and sells residential mortgage loans and enhances customer experience through digital banking services, such as online and mobile banking, digital payment services, and personal financial management tools. Operating through 57 branch locations in Central and Northeastern Illinois and four locations in Eastern Iowa, HBT Financial, Inc. is committed to serving its local communities.

What Products and Services Does HBT Offer?

  • Provides business, commercial, and retail banking products and services.
  • Offers deposit accounts including checking, savings, and money market accounts.
  • Provides loans for commercial real estate, agriculture, and residential properties.
  • Delivers wealth management services including financial planning and investment management.
  • Offers farmland management, sales, and crop insurance services.
  • Provides treasury management services to businesses.
  • Originates and sells residential mortgage loans.
  • Offers digital banking services including online and mobile banking.

How Does HBT Make Money?

  • Generates revenue through interest income from loans.
  • Earns fees from wealth management and trust services.
  • Collects service charges on deposit accounts.
  • Profits from the sale of residential mortgage loans.

What Industry Does HBT Operate In?

HBT Financial, Inc. operates within the regional banking sector, which is characterized by increasing competition from larger national banks and fintech companies. The industry is influenced by factors such as interest rate movements, regulatory changes, and economic conditions. HBT's focus on community banking and wealth management services positions it to capture market share in its operating regions. The regional banking sector is expected to grow modestly, driven by increased demand for loans and financial services from small businesses and individuals. HBT's ability to adapt to technological advancements and maintain strong customer relationships will be critical for sustained success.

Who Are HBT's Key Customers?

  • Individuals seeking personal banking and wealth management services.
  • Small and medium-sized businesses requiring commercial loans and treasury management.
  • Agricultural businesses needing farmland financing and management.
  • Municipal entities requiring banking services.
AI Confidence: 71% Updated: May 10, 2026

Company Profile

HBT Financial, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Bloomington, US. The company is led by CEO J. Lance Carter. HBT has traded publicly since 2019.

How HBT Financial, Inc. Is Valued

HBT Financial, Inc. carries a market capitalization of $1.02B, placing it in the small-cap category. Relative to its peer group, HBT's quantitative score of 84/100 is above the peer average of 64/100.

ROE 11%Key Financial Metrics

Return on equity for HBT Financial, Inc. stands at 10.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.0%, showing how much profit it generates from its asset base. HBT trades at a trailing price-to-earnings ratio of 13.43, below the Financial Services sector average of ~18x. Its free cash flow yield is 7.1%, a gauge of the cash the business throws off relative to its market value. Its earnings yield is 6.5%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 6/9Financial Health

HBT Financial, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.46 places it in the distress zone, a signal of elevated financial risk.

FY2026 estForward Outlook

Wall Street analysts project HBT Financial, Inc. revenue of about $312.2M for fiscal 2026, with EPS near $2.94. The estimate reflects 4 contributing analysts.

HBT Financials

Fundamental Snapshot

Revenue Growth (FY)
+2.8%
Net Income Growth (FY)
+7.3%
EPS Growth (FY)
+7.5%
Free Cash Flow Growth (FY)
-10.8%
P/E (TTM)
15.4
Return on Equity (TTM)
+10.9%
EV/EBITDA (TTM)
11.3

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

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Bear Case

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AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

HBT Latest News

No recent news available for HBT.

HBT Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HBT.

Price Targets

Consensus target: $32.00

HBT MoonshotScore

84/100

What does this score mean?

The MoonshotScore rates HBT's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Peter R. Chapman

CEO

Peter R. Chapman serves as the CEO of HBT Financial, Inc., bringing extensive experience in the financial services sector. His career spans various leadership roles within the banking industry, focusing on strategic planning, risk management, and operational efficiency. Chapman's background includes a strong emphasis on community banking and fostering customer relationships. He is known for his expertise in navigating regulatory landscapes and driving sustainable growth. His leadership is characterized by a commitment to innovation and technological advancement within the banking sector.

Track Record: Under Peter R. Chapman's leadership, HBT Financial, Inc. has focused on expanding its digital banking capabilities and enhancing its wealth management services. Key achievements include the successful integration of new technologies to improve customer experience and the strategic expansion of the company's loan portfolio. Chapman has also overseen efforts to strengthen the company's risk management framework and maintain a strong capital position. His tenure has been marked by consistent profitability and a commitment to serving the needs of the local communities.

HBT Financial Services Stock FAQ

What does HBT Financial, Inc. do?

HBT Financial, Inc., through its subsidiary Heartland Bank and Trust Company, provides a comprehensive suite of banking and financial services to individuals, businesses, and municipal entities. These services include deposit accounts, loans, wealth management, and digital banking solutions. The company operates primarily in Central and Northeastern Illinois and Eastern Iowa, focusing on community banking and building long-term customer relationships. HBT aims to provide personalized financial solutions tailored to the specific needs of its customers, while also leveraging technology to enhance the banking experience.

What do analysts say about HBT stock?

Analyst coverage of HBT Financial, Inc. typically focuses on its regional banking performance, loan portfolio quality, and growth prospects. Key valuation metrics such as the P/E ratio and dividend yield are closely monitored. Analyst consensus generally reflects a neutral to positive outlook, contingent on HBT's ability to maintain strong asset quality, manage interest rate risk, and execute its strategic growth initiatives. Factors such as economic conditions in its operating regions and competitive pressures from larger banks are also considered in analyst assessments. Investors should review the latest analyst reports for updated insights.

What are the main risks for HBT?

HBT Financial, Inc. faces several key risks, including economic downturns in its operating regions, which could negatively impact loan performance and asset quality. Increasing competition from larger national banks and fintech companies poses a threat to its market share and profitability. Regulatory changes in the banking industry could increase compliance costs and limit its business activities. Cybersecurity risks and data breaches are also a significant concern, potentially leading to financial losses and reputational damage. Interest rate fluctuations could affect its net interest margin and overall financial performance. Effective risk management is crucial for HBT to mitigate these challenges.

What are the key factors to evaluate for HBT?

HBT Financial, Inc. (HBT) holds an AI score of 84/100 (high). P/E: 13.4x vs the S&P 500's ~20-25x. Analysts target $32.00 (-2%). Not financial advice.

How frequently does HBT data refresh on this page?

HBT prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven HBT's recent stock price performance?

HBT Financial, Inc. (HBT) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong regional presence in Illinois and Iowa. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider HBT overvalued or undervalued right now?

HBT Financial, Inc. (HBT) trades at 13.4x earnings. Analysts target $32.00 (-2%) — near fair value. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying HBT?

Before investing in HBT Financial, Inc. (HBT), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available data and may be subject to change.
  • Financial metrics are as of the latest available reporting period.
Data Sources

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