HBT Financial | 10-Q: FY2025 Q3 Revenue: USD 59.84 M

Revenue: As of FY2025 Q3, the actual value is USD 59.84 M.

EPS: As of FY2025 Q3, the actual value is USD 0.63, beating the estimate of USD 0.618.

EBIT: As of FY2025 Q3, the actual value is USD -23.26 M.

Segment Revenue

• Interest and Dividend Income: Total interest and dividend income for the nine months ended September 30, 2025 was $191,393 thousand, compared to $188,902 thousand for the same period in 2024.

Operational Metrics

• Net Income: Net income for the nine months ended September 30, 2025 was $58,070 thousand, compared to $51,508 thousand for the same period in 2024.
• Provision for Credit Losses: Provision for credit losses for the nine months ended September 30, 2025 was $1,698 thousand, compared to $2,306 thousand for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: Net cash provided by operating activities for the nine months ended September 30, 2025 was $61,167 thousand, compared to $72,089 thousand for the same period in 2024.

Unique Metrics

• Allowance for Credit Losses: The allowance for credit losses as of September 30, 2025 was $41,900 thousand, compared to $42,044 thousand as of December 31, 2024.

Future Outlook and Strategy

• Core Business Focus: The company anticipates a mild economic slowdown in the fourth quarter of 2025, followed by a gradual increase in economic activity over the next four quarters. The forecast includes a slight increase in the unemployment rate during the fourth quarter of 2025, followed by a slight decrease in 2026, while GDP growth is expected to slow in the fourth quarter of 2025 and then increase in 2026.
• Non-Core Business: The company announced a merger agreement with CNB Bank Shares, Inc., which is expected to close in the first quarter of 2026, subject to customary closing conditions, approval of CNBN shareholders, and regulatory approvals.