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HBT Financial, Inc. (NASDAQ:HBT) announced Tuesday that its board of directors has declared a quarterly cash dividend of $0.21 per share on its common stock, representing a 3.21% yield. The dividend will be payable on August 12, 2025, to shareholders of record as of August 5, 2025. The company has consistently raised its dividend for three consecutive years.
The announcement was made in a press release statement included in a filing with the Securities and Exchange Commission.
HBT Financial is incorporated in Delaware and is headquartered in Bloomington, Illinois. The company’s common stock trades on the Nasdaq Stock Market under the symbol HBT.
No other events or financial details were disclosed in the filing.
In other recent news, HBT Financial reported second-quarter earnings that exceeded analyst expectations, with adjusted earnings per share reaching $0.63, surpassing the consensus estimate of $0.60. Despite this earnings beat, revenue slightly missed expectations, coming in at $58.8 million compared to the anticipated $59.33 million, though it marked a 3.9% increase from the previous year. Piper Sandler raised its price target for HBT Financial to $29, citing the company’s solid second-quarter performance and long-term outlook. Keefe, Bruyette & Woods also increased their price target to $30, attributing the change to improved net interest income and lower expenses. DA Davidson adjusted their price target to $27, highlighting HBT Financial’s improved profitability and clean credit profile. These developments reflect a generally positive sentiment among analysts regarding HBT Financial’s financial performance and future prospects. The company’s net interest margin improved to 4.19%, indicating a favorable trend in their interest income.
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