HBT HBT Financial, Inc.

HBT Financial, Inc. operates as a bank holding company. It provides business, commercial and retail banking products and services to businesses, families and local governments, through its subsidiaries. The company was founded in 1920 and is headquartered in Bloomington, IL.

Company profile

Ticker

HBT

Exchange

NASDAQ

Website

www.hbtbank.com

CEO

Fred L. Drake

Incorporated in

Delaware

Location

Illinois

Fiscal year end

Dec 31

Sector

Finance > Regional Banks

Industry (SEC)

State Commercial Banks

Bank Of New York Mellon • Ally Financial • Fifth Third Bancorp • Citizens Financial • Northern Trust • M&T Bank • Popular • State Street • Commerce Bancshares • Investors Bancorp ...

Former names

Heartland Bancorp, Inc.

SEC CIK

0000775215

Corporate docs

Articles of Incorporation & Bylaws

IRS number

371117216

HBT stock data

S&P 500

1M 1Y 2Y 5Y

FINRA relative short interest over last month (20 trading days) ?

Institutional ownership Q4 2019

HBT institutional ownership history Ownership history

33.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	60	0	+Infinity%
Opened positions	60	0	+Infinity%
Closed positions	0	0	NaN%
Increased positions	0	0	NaN%
Reduced positions	0	0	NaN%

13F shares	Current	Prev Q	Change
Total value	176.83M	0	+Infinity%
Total shares	9.31M	0	+Infinity%
Total puts	0	0	–
Total calls	0	0	–
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
FJ Capital Management	1.18M	$22.43M	NEW
Wellington Management	1.02M	$19.37M	NEW
BLK BlackRock	845.13K	$16.05M	NEW
FMR	710.74K	$13.5M	NEW
Manufacturers Life Insurance Company, The	651.74K	$12.38M	NEW
Banc Funds	584.11K	$11.09M	NEW
Maltese Capital Management	475K	$9.02M	NEW
Philadelphia Financial Management of San Francisco	414.79K	$7.88M	NEW
Vanguard	412.98K	$7.84M	NEW
Adage Capital Partners GP, L.L.C.	410K	$7.79M	NEW

Largest transactions	Shares	Bought/sold	Change
FJ Capital Management	1.18M	+1.18M	NEW
Wellington Management	1.02M	+1.02M	NEW
BLK BlackRock	845.13K	+845.13K	NEW
FMR	710.74K	+710.74K	NEW
Manufacturers Life Insurance Company, The	651.74K	+651.74K	NEW
Banc Funds	584.11K	+584.11K	NEW
Maltese Capital Management	475K	+475K	NEW
Philadelphia Financial Management of San Francisco	414.79K	+414.79K	NEW
Vanguard	412.98K	+412.98K	NEW
Adage Capital Partners GP, L.L.C.	410K	+410K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

* Annualized measure.
For the three months ended September 30, 2019, net income was $17.4 million decreasing by $0.2 million, or 0.9%, from the three months ended September 30, 2018. Net income declined primarily due to a $0.8 million decline in the mortgage servicing rights fair value adjustment and a charge of $0.8 million associated with the termination of the supplemental executive retirement plan (SERP) included in the employee benefits expense, offset by increases in net interest income as a result of increases in asset yields. Provision expense for the three months ended September 30, 2019 was $0.6 million lower than the provision for the three months ended September 30, 2018.
For the nine months ended September 30, 2019, net income was $50.8 million decreasing by $1.1 million, or 2.1%, from the nine months ended September 30, 2018. Net income declined primarily due to a decline in the mortgage servicing rights fair value adjustment of $3.3 million and a charge of $4.2 million associated with the termination of the SERP included in the employee benefits expense, offset by increases in net interest income as a result of increases in asset yields. Provision expense for the nine months ended September 30, 2019 was $1.5 million higher than the provision for the nine months ended September 30, 2018.

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