HBT Financial (HBT, Financial) reported a positive start to the first quarter of 2025, as net interest income saw an increase of 2.8%, rising to $48.7 million from $47.4 million in the last quarter of 2024. This growth was primarily fueled by higher average loan balances, decreased deposit costs, and increased yields on loans and debt securities.
The company's net interest margin also improved, reaching 4.12% in the first quarter of 2025, up from 3.96% in the previous quarter. This boost in financial performance comes amid a backdrop of economic uncertainties and fluctuating interest rates, which have resulted in stock market tremors.
J. Lance Carter, President and CEO of HBT Financial, expressed optimism for 2025, citing the firm's robust credit discipline, strong profitability, and stable balance sheet as key strengths that position the company to navigate diverse economic conditions successfully.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for HBT Financial Inc (HBT, Financial) is $25.40 with a high estimate of $28.00 and a low estimate of $23.00. The average target implies an upside of 15.51% from the current price of $21.99. More detailed estimate data can be found on the HBT Financial Inc (HBT) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, HBT Financial Inc's (HBT, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for HBT Financial Inc (HBT, Financial) in one year is $22.88, suggesting a upside of 4.05% from the current price of $21.99. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the HBT Financial Inc (HBT) Summary page.
