Loading...
Docoh

HBT Financial (HBT)

HBT Financial, Inc. is headquartered in Bloomington, Illinois and is the holding company for Heartland Bank and Trust Company. The bank provides a comprehensive suite of business, commercial, wealth management, and retail banking products and services to individuals, businesses and municipal entities throughout Central and Northeastern Illinois through 63 branches. As of December 31, 2020, HBT had total assets of $3.7 billion, total loans of $2.2 billion, and total deposits of $3.1 billion. HBT is a longstanding Central Illinois company, with banking roots that can be traced back 100 years.

Company profile

Ticker
HBT
Exchange
CEO
Fred L. Drake
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HEARTLAND BANCORP, INC.
SEC CIK
Subsidiaries
Heartland Bank and Trust Company • Heartland Real Estate Holdings, LLC ...
IRS number
371117216

HBT stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

6 May 22
26 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 358.98M 358.98M 358.98M 358.98M 358.98M 358.98M
Cash burn (monthly) 16.76M 5.9M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 48.18M 16.95M n/a n/a n/a n/a
Cash remaining 310.8M 342.03M n/a n/a n/a n/a
Runway (months of cash) 18.5 58.0 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Mar 22 Roger A Baker Common Stock, $0.01 par value Grant Acquire A No No 0 550 0 71,448
28 Feb 22 Lawrence J Horvath Common Stock, $0.01 par value Payment of exercise Dispose F No No 19.14 322 6.16K 51,458
25 Feb 22 Patrick F Busch Common Stock, $0.01 par value Grant Acquire A No No 0 4,615 0 56,931
25 Feb 22 Andrea E Zurkamer Common Stock, $0.01 par value Grant Acquire A No No 0 1,009 0 6,919
25 Feb 22 Lawrence J Horvath Common Stock, $0.01 par value Grant Acquire A No No 0 2,331 0 51,780
85.6% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 61 61
Opened positions 5 6 -16.7%
Closed positions 5 7 -28.6%
Increased positions 21 18 +16.7%
Reduced positions 25 21 +19.0%
13F shares Current Prev Q Change
Total value 459.73M 464.8M -1.1%
Total shares 24.77M 24.82M -0.2%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Drake Fred L 17.21M $322.35M 0.0%
Banc Funds 1.21M $21.92M -2.3%
BLK Blackrock 1.16M $21.14M -2.2%
Manufacturers Life Insurance Company, The 877.34K $15.95M +0.6%
Royce & Associates 809.94K $14.73M -2.9%
Vanguard 535.89K $9.74M -0.2%
Adage Capital Partners GP, L.L.C. 445.67K $8.1M +0.8%
Cetera Investment Advisers 403.31K $7.33M -0.4%
Basswood Capital Management, L.L.C. 321.45K $5.84M +18.7%
Geode Capital Management 180.48K $3.28M +6.0%
Largest transactions Shares Bought/sold Change
Basswood Capital Management, L.L.C. 321.45K +50.75K +18.7%
Alliancebernstein 26.71K -46.67K -63.6%
BCS Barclays 38.45K +38.45K NEW
Banc Funds 1.21M -27.8K -2.3%
BLK Blackrock 1.16M -25.61K -2.2%
IndexIQ Advisors 0 -24.67K EXIT
Royce & Associates 809.94K -24.06K -2.9%
IVZ Invesco 0 -21.36K EXIT
Globeflex Capital L P 20.57K +20.57K NEW
Dimensional Fund Advisors 111.74K +19.45K +21.1%

Financial report summary

?
Risks
  • Our ability to continue to pay dividends to our stockholders is restricted by applicable laws and regulations and by the ability of our subsidiaries to pay dividends to us.
  • Future sales of our common stock, or the perception in the public markets that these sales may occur, may depress our stock price.
  • We are an “emerging growth company” and may elect to comply with reduced public company reporting requirements which could make our common stock less attractive to investors.
  • Anti-takeover provisions in our charter documents and Delaware law, and the banking laws and regulations to which we are subject, might discourage or delay acquisition attempts for us that you might consider favorable.
  • Our restated certificate of incorporation designates the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our stockholders, which could limit our stockholders' ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees.
Management Discussion
  • ITEM 2.       MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • Unless the context requires otherwise, references in this report to the “Company,” “we,” “us” and “our” refer to HBT Financial, Inc. and its subsidiaries.
  • HBT Financial, Inc., headquartered in Bloomington, Illinois, is the holding company for Heartland Bank and Trust Company, and has banking roots that can be traced back to 1920. We provide a comprehensive suite of business, commercial, wealth management, and retail banking products and services to businesses, families, and local governments throughout Central and Northeastern Illinois and Eastern Iowa. As of March 31, 2022, the Company had total assets of $4.3 billion, loans held for investment of $2.5 billion, and total deposits of $3.8 billion.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: advance, agency, brokered, chain, converted, decision, disease, earliest, filer, FOMC, foregoing, forma, fractional, gradually, implementation, increasingly, inflationary, input, instability, intrinsic, lieu, lifetime, lighter, macroeconomic, maker, national, nondeductible, Notable, parallel, pooled, privately, pro, publicly, region, regression, rest, risen, seasonally, Secrecy, supply, taper, team, terrorist, widespread
Removed: acquisitive, ago, ancillary, April, area, bear, BSA, Bureau, buy, called, card, carry, Champaign, cleaning, closure, coincided, collecting, consolidate, consummated, continuation, convenience, Cook, county, De, debenture, debit, declined, defer, deferrable, DeKalb, distancing, distributed, division, Enabling, exceeding, face, FDIC, filing, finance, floating, Ford, forecasted, forward, Grundy, guaranteed, health, height, hotel, Indemnification, installment, interchange, Kane, Kendall, Lake, LaSalle, limitation, Lincoln, Logan, longstanding, lump, Marshall, McLean, metropolitan, micropolitan, mobile, monthly, natural, notional, November, occurrence, office, partial, partnership, payable, Peoria, put, qualified, qualifying, rationalization, receiving, redeemed, reduce, refinance, refinanced, relationship, remote, reset, restaurant, reward, round, SBA, September, SERP, served, serving, shortened, slowdown, social, SOFR, statistical, statutory, subordinate, subsidiary, supplemental, sustained, Tazewell, terminate, terminated, terrorism, tied, underwritten, unsecured, weather, window, Witt, Woodford