HBT Financial, Inc (NASDAQ:HBT) reported better-than-expected earnings for the first quarter on Monday.
The company posted quarterly earnings of 68 cents per share which beat the analyst consensus estimate of 61 cents per share. The company reported quarterly sales of $67.331 million which beat the analyst consensus estimate of $66.717 million.
J. Lance Carter, President and Chief Executive Officer of HBT Financial, said, “We are off to a great start in 2026 with the closing of our acquisition of CNB and its wholly-owned subsidiary, CNB Bank & Trust, N.A. (“CNB Bank”), on March 1. We also successfully completed our systems conversions in March and have been busy welcoming our new customers and colleagues. We are excited for the opportunities that lie ahead.”
HBT Finl shares rose 4.2% to trade at $28.96 on Tuesday.
These analysts made changes to their price targets on HBT Finl following earnings announcement.
- Piper Sandler analyst Nathan Race maintained the stock with a Neutral and raised the price target from $30 to $32.
- DA Davidson analyst Jeff Rulis maintained the stock with a Neutral and raised the price target from $28 to $31.
Considering buying HBT stock? Here’s what analysts think:
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