(HBT) Hbt Financial - Ratings and Ratios

HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company, providing a wide range of financial services to individuals, businesses, and government entities across Central and Northeastern Illinois, as well as Eastern Iowa. The company’s deposit offerings include noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts. This diverse deposit base underscores its ability to attract and retain customer funds, which is critical for its lending and investment activities.

The company’s loan portfolio is equally diverse, covering owner-occupied and non-owner-occupied commercial real estate, construction and land development, multi-family housing, commercial and industrial loans, agricultural and farmland loans, and one-to-four family residential loans. Additionally, HBT Financial provides municipal loans, consumer loans, and other specialized lending products. This broad lending focus allows the company to cater to various segments of the economy, balancing risk and return while supporting local economic growth.

Beyond traditional banking, HBT Financial offers a comprehensive suite of wealth management services, including financial planning for individuals, trusts, and estates. The company provides trustee and custodial services, investment management, corporate retirement plan consulting, and administration, as well as retail brokerage services. These services highlight the company’s commitment to helping clients manage, grow, and transfer wealth effectively. Additionally, HBT Financial offers farmland management and sales services, commercial checking accounts, and treasury management solutions, further diversifying its revenue streams.

In the mortgage banking space, HBT Financial originates and sells residential mortgage loans, leveraging its expertise in real estate finance to meet the housing needs of its customers. The company also provides digital banking services, including online and mobile banking platforms, digital payment solutions, and personal financial management tools. These technological offerings reflect its efforts to adapt to the evolving preferences of modern banking customers and remain competitive in a digitized financial landscape.

Formerly known as Heartland Bancorp, Inc., the company rebranded as HBT Financial, Inc. in September 2019, signaling a strategic shift in its corporate identity. Founded in 1920 and headquartered in Bloomington, Illinois, HBT Financial has a long-standing history of serving its communities. With a market capitalization of $788.35M USD, the company