In This Article:
HBT Financial (NASDAQ:HBT) Full Year 2024 Results
Key Financial Results
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Revenue: US$221.4m (down 1.8% from FY 2023).
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Net income: US$71.8m (up 9.1% from FY 2023).
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Profit margin: 32% (up from 29% in FY 2023). The increase in margin was driven by lower expenses.
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EPS: US$2.27 (up from US$2.08 in FY 2023).
HBT Banking Performance Indicators
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Net interest margin (NIM): 4.01% (down from 4.15% in FY 2023).
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Cost-to-income ratio: 52.4% (down from 55.8% in FY 2023).
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Non-performing loans: 0.22% (down from 0.23% in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HBT Financial EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 2.7%.
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US.
Performance of the American Banks industry.
The company's shares are up 3.5% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for HBT Financial you should be aware of, and 1 of them is significant.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.