HBT Posts $31.4M Q3 Net Income ($0.86 EPS), NIM 4.35%, Guides 4Q Expense $41-43M
HBT sits 62% above its 52-week low of $22.369.
Summary
HBT earned $31.4 million, or $0.86 per diluted share, in Q3 2026 on a 4.35% net interest margin and 0.16% nonperforming assets, and guided 4Q26 noninterest expense to $41-43 million. The Tri-County merger vote is set for October 29, 2026, with closing expected early in 1Q27.
Key Events · Earnings and Guidance · HBT
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Q3 2026 Net Income $31.4 Million
Net income of $31.4 million, or $0.86 per diluted share, versus $27.8 million ($0.76) in Q2 2026 and $19.8 million ($0.63) in Q3 2025; adjusted net income was $31.4 million, or $0.86 per share.
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Margin Expands to 4.35%
Net interest margin rose 3 basis points to 4.35% (4.40% tax-equivalent) as maturing fixed-rate loans repriced higher; net interest income was $70.3 million, up 1.8% from Q2 2026.
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Credit Quality Remains Pristine
Nonperforming assets were $10.8 million, or 0.16% of total assets, and the company recorded net recoveries of $0.5 million, or 0.04% of average loans annualized, with a negative $0.6 million provision for credit losses.
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Capital Strong; Buyback in Blackout
CET1 was 12.94% and total capital 16.48%; no shares were repurchased in Q3 2026 due to a blackout running until the TYFG stockholder vote on October 29, 2026, leaving $14.0 million of the $30.0 million authorization available.
Analysis · HBT · Finance
HBT delivered a clean quarter: net income of $31.4 million, or $0.86 per diluted share, up from $27.8 million ($0.76) in Q2 2026 and $19.8 million ($0.63) a year ago, with adjusted net income essentially identical at $31.4 million. The margin story is the core of the thesis — net interest margin rose 3 basis points to 4.35% (4.40% tax-equivalent) as maturing fixed-rate loans repriced higher, and credit remains pristine with nonperforming assets at just 0.16% of total assets and net recoveries of 0.04% of average loans. Capital is strong (CET1 12.94%, total capital 16.48%), but tangible book value per share slipped $0.26 to $17.34 on higher unrealized AOCI losses from rising rates. The near-term swing factor is the Tri-County (TYFG) deal: the stockholder vote is set for October 29, 2026, and management expects the close early in 1Q27 — until then a buyback blackout keeps the remaining $14.0 million of repurchase authorization on hold. Guidance for 4Q26 is for noninterest income of $11.5-13 million and noninterest expense of $41-43 million, with NIM up modestly and loan balances roughly flat.
How filings like this one have moved
In the 30 days to Oct 26, 2026, 29.9% of the 1374 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, HBT was trading at $36.24 on NASDAQ in the Finance sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $22.37 to $37.51. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.