These Analysts Raise Their Forecasts On HBT Financial Following Better-Than-Expected Q1 Results

Benzinga04-29

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:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment