HBT
Financial ServicesHBT Financial, Inc. · Banks - Regional · $890M
What is HBT Financial, Inc.?
HBT Financial, Inc. is the holding company for Heartland Bank and Trust Company, a community-focused bank serving individuals, businesses, and municipalities across Central and Northeastern Illinois and Eastern Iowa through more than 60 branch locations.
Heartland Bank generates revenue primarily through traditional banking activities — accepting deposits and extending loans across commercial real estate, agricultural, residential, and commercial and industrial categories. The bank also earns fee income from wealth management, treasury management, farmland services, crop insurance, and residential mortgage origination and sales. Digital banking tools round out the customer offering.
HBT Financial was incorporated in 2019 and is headquartered in Bloomington, Illinois.
- Business and commercial banking loans
- Agricultural and farmland lending and management
- Wealth management and trust services
- Digital banking and treasury management
Is HBT a Good Stock to Buy?
UQS Score rates HBT as Good overall, reflecting a mixed but fundamentally grounded profile across the five quality pillars.
The Quality pillar stands out as the clearest strength, suggesting Heartland Bank maintains above-average financial discipline relative to community bank peers. Valuation is rated Attractive, meaning the stock does not appear to be priced at a premium relative to its fundamentals.
The Moat and Risk pillars are both rated Weak, indicating limited competitive differentiation and elevated risk factors that investors should weigh carefully. Growth is Neutral, pointing to a steady but not accelerating business trajectory.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does HBT pay dividends?
Yes — HBT Financial, Inc. pays a dividend.
HBT Financial pays a regular dividend, consistent with many profitable community banks that return capital to shareholders rather than pursuing aggressive reinvestment. The dividend reflects the bank's relatively stable earnings base from traditional lending and fee-based services. Investors seeking income from regional bank exposure may find this cadence appealing alongside the Attractive valuation rating.
When does HBT report earnings?
HBT Financial reports earnings on a quarterly cadence, typical for US-listed bank holding companies.
Heartland Bank's results are shaped by net interest income, loan growth trends, and credit quality across its Illinois and Iowa markets. The Neutral Growth pillar suggests performance has been steady rather than rapidly expanding in recent periods.
For the most recent quarter's results and guidance, visit HBT Financial's investor relations page directly.
HBT Price History
+81.2% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in HBT Financial, Inc.?
Based on HBT Financial, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
HBT Long-term Outlook
The fundamental outlook for HBT is shaped by its Neutral Growth profile and Weak Risk rating. Revenue trajectory appears stable, anchored by community lending and fee income streams, but meaningful acceleration is not strongly indicated by the current pillar profile. The Weak Risk rating warrants attention, as credit quality and interest rate sensitivity are key variables for any regional bank. The Attractive Valuation label suggests the market may not be pricing in significant upside expectations.
Growth drivers
- Expansion of agricultural and farmland lending in core Illinois and Iowa markets
- Fee income growth from wealth management and treasury services
- Digital banking adoption supporting deposit retention and efficiency
Key risks
- Interest rate sensitivity affecting net interest margin
- Credit quality risk across commercial real estate and agricultural loan portfolios
- Limited competitive moat in a fragmented community banking landscape
HBT vs Peers
HBT Financial operates in a competitive community and regional banking space alongside several similarly sized peers.
Metropolitan Bank is a New York-based commercial bank with a stronger focus on metropolitan business clients, contrasting with HBT's Midwestern community and agricultural lending emphasis.
Five Star Bancorp operates in California's commercial real estate and business banking market, giving it a different geographic and loan-mix profile than HBT's Illinois-Iowa footprint.
Horizon Bancorp serves the Midwest with a broader Indiana and Michigan presence, making it a closer geographic peer to HBT while competing across similar community banking product lines.
Frequently Asked Questions
What does HBT Financial do?
HBT Financial is the holding company for Heartland Bank and Trust Company. The bank provides commercial, agricultural, and retail banking services to individuals, businesses, and municipalities across Central and Northeastern Illinois and Eastern Iowa. It also offers wealth management, farmland services, and digital banking.
Does HBT pay dividends?
Yes, HBT Financial pays a regular dividend. This is consistent with the bank's stable earnings profile from traditional lending and fee-based services. Investors looking for income from a community bank holding company may find the dividend cadence relevant to their analysis.
When does HBT report earnings?
HBT Financial reports on a quarterly cadence, as is standard for US-listed bank holding companies. For specific dates and the most recent results, check HBT Financial's investor relations page, which maintains the official earnings calendar.
Is HBT a good stock to buy?
UQS Score rates HBT as Good overall. The Quality pillar is Strong and Valuation is Attractive, but Moat and Risk are both rated Weak. Whether HBT fits your portfolio depends on your risk tolerance and investment goals. The full pillar breakdown is available to Pro members.
Is HBT overvalued?
The UQS Valuation pillar for HBT is rated Attractive, suggesting the stock does not appear to be trading at an elevated premium relative to its fundamentals. Community bank valuations can shift with interest rate cycles, so ongoing monitoring is worthwhile.
How does HBT compare to its competitors?
HBT competes with regional peers including Metropolitan Bank Holding Corp., Five Star Bancorp, and Horizon Bancorp. HBT's differentiation lies in its Midwestern community banking focus, agricultural lending expertise, and farmland management services — a niche not emphasized by most peers.
What is HBT's market cap bracket?
HBT Financial is classified as a small-cap stock. This places it in a segment of the market that can offer growth potential but also carries higher volatility and liquidity risk compared to larger bank holding companies.
Who founded HBT Financial?
HBT Financial, Inc. was incorporated in 2019 as the holding company for Heartland Bank and Trust Company. The bank itself has deeper roots as a community banking institution in Central Illinois. For full founding history, HBT's investor relations materials provide additional context.
Is HBT a long-term quality investment?
As a long-term quality indicator, HBT's Strong Quality pillar is a positive signal, reflecting financial discipline above many community bank peers. However, the Weak Moat and Weak Risk ratings suggest limited structural advantages and elevated risk factors that long-term investors should factor into their assessment.
What is the main competitive advantage of HBT Financial?
HBT's primary competitive strength lies in its deep community relationships across Central and Northeastern Illinois, combined with specialized agricultural lending and farmland management services. These regional ties support deposit stability, though the UQS Moat pillar rates this advantage as Weak relative to broader sector standards.
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Pro Analysis
HBT — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 59.0 | 80.6 | 22.0 | 41.5 | 73.9 | 92.7 | +3.3 |
| Apr 29, 2026 | 55.7 | 88.6 | 22.0 | 41.5 | 38.0 | 93.7 | -0.3 |
| Apr 25, 2026 | 56.0 | 88.6 | 22.0 | 43.0 | 38.0 | 93.7 | -0.2 |
| Apr 21, 2026 | 56.2 | 88.6 | 22.0 | 43.0 | 38.0 | 94.7 | +0.1 |
| Apr 19, 2026 | 56.1 | 88.6 | 22.0 | 43.0 | 38.0 | 94.6 | -0.1 |
| Apr 18, 2026 | 56.2 | 88.6 | 22.0 | 43.0 | 38.0 | 94.7 | -0.5 |
| Apr 12, 2026 | 56.7 | 88.6 | 22.0 | 43.0 | 38.0 | 98.3 | 0.0 |
| Apr 9, 2026 | 56.7 | 88.6 | 22.0 | 43.0 | 38.0 | 98.6 | 0.0 |
| Apr 3, 2026 | 56.7 | 88.6 | 22.0 | 42.8 | 38.0 | 98.6 | 0.0 |
| Apr 2, 2026 | 56.7 | 88.6 | 22.0 | 42.8 | 38.0 | 98.7 | — |
HBT — Pillar Breakdown
Quality
— 80.6/100 (25%)HBT Financial, Inc. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 41.5/100 (20%)HBT Financial, Inc. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 73.9/100 (15%)HBT Financial, Inc. maintains a reasonable risk profile with manageable debt levels.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 92.8/100 (15%)HBT Financial, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 22/100 (25%)HBT Financial, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for HBT.
Score Composition
Financial Data
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How is the HBT UQS Score Calculated?
The UQS (Unified Quality Score) for HBT Financial, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses HBT Financial, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether HBT Financial, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.