GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HBT Financial Inc (NAS:HBT) » Definitions » Net Income

HBT Financial (HBT Financial) Net Income : $71.9 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is HBT Financial Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. HBT Financial's Net Income for the three months ended in Mar. 2024 was $15.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $71.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. HBT Financial's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.48.


HBT Financial Net Income Historical Data

The historical data trend for HBT Financial's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HBT Financial Net Income Chart

HBT Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 66.87 36.85 56.27 56.46 65.84

HBT Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.21 18.47 19.72 18.45 15.26

HBT Financial Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

HBT Financial's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=88.581+-22.739+0+0
=65.8

HBT Financial's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=20.519+-5.261+0+0
=15.3

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $71.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HBT Financial  (NAS:HBT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

HBT Financial's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


HBT Financial Net Income Related Terms

Thank you for viewing the detailed overview of HBT Financial's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


HBT Financial (HBT Financial) Business Description

Traded in Other Exchanges
N/A
Address
401 North Hershey Road, Bloomington, IL, USA, 61704
HBT Financial Inc provides a comprehensive suite of business, commercial, wealth management and retail banking products and services to individuals, businesses, and municipal entities throughout Central and Northeastern Illinois and Eastern Iowa. It operates through one reportable segment: community banking.
Executives
Patrick F Busch director, officer: EVP & Chief Lending Officer 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Roger A Baker director 401 NORTH HERSHEY ROAD, BLOOMINGTON IL 61704
Eric E Burwell director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Linda J. Koch director 401 NORTH HERSHEY ROAD, BLOOMINGTON IL 61704
Peter Robert Chapman officer: EXECUTIVE VICE PRESIDENT C/O GREAT WESTERN BANCORP, INC., 100 NORTH PHILLIPS AVE., SIOUX FALLS SD 57104
Fred L Drake director, 10 percent owner, officer: Chief Executive Officer 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Diane H Lanier officer: EVP and Chief Retail Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Gerald E Pfeiffer director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
James Lance Carter director, officer: See Remarks 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Andrea E Zurkamer officer: SVP & Chief Risk Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
C. Alvin Bowman director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Dale S Strassheim director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Matthew J Doherty officer: EVP & Chief Financial Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Lawrence J Horvath officer: See Remarks 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Larry J Kallembach officer: See Remarks 401 N. HERSEY ROAD, BLOOMINGTON IL 61702