HBT Financial, Inc.

HBT Financial, Inc. is the bank holding company for Heartland Bank and Trust Company, offering a wide range of financial products and services to consumers, businesses, and municipal entities in Illinois and Eastern Iowa. The company provides deposit account services including noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposit, HSA, and IRA accounts. Its lending portfolio includes non-owner occupied regulatory commercial real estate (CRE), construction and land development, multi-family loans, commercial and industrial loans, owner-occupied CRE, agricultural and farmland loans, one-to-four family residential loans, municipal loans, and consumer loans. Additionally, HBT Financial offers residential mortgage origination and servicing, traditional trust and investment services, digital banking services (online banking, mobile banking, digital payments, personal financial management tools), small business and commercial checking accounts, treasury management services, financial planning, trustee and custodial services, investment management, corporate retirement plan consulting and administration, retail brokerage, farm management, brokerage of farmland sales, and crop insurance.

HBT Financial, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol HBT. The company trades in United States Dollars (USD), as it is headquartered in the United States and its stock is listed on a U.S. exchange. The exchange is part of the Nasdaq stock market, which is one of the major stock exchanges in the world, providing liquidity and visibility for the company's shares.

HBT Financial operates in the Financial Services sector, specifically within the Banks - Regional industry. This means the company is a regional bank holding company that provides traditional banking services to local communities. As a regional bank, it focuses on serving customers in specific geographic areas—in this case, Illinois and Eastern Iowa—rather than operating on a national or global scale. The industry classification indicates that its primary business involves taking deposits and making loans, along with offering related financial services typical of community and regional banks.

HBT Financial is headquartered in Bloomington, Illinois, United States. The company serves customers in Illinois and Eastern Iowa through its subsidiary, Heartland Bank and Trust Company. Founded in 1920, HBT Financial has a long history of serving these local markets. Its services are tailored to consumers, businesses, and municipal entities within this region. The company's geographic focus allows it to build strong relationships with local communities and understand the specific financial needs of its customers in the Midwest.

HBT Financial generates revenue primarily through its banking operations, which include net interest income from lending and deposit activities, as well as non-interest income from fees and services. The company earns interest income by providing various loan products such as commercial real estate loans, commercial and industrial loans, agricultural loans, residential mortgages, and consumer loans. It also earns fees from deposit accounts, digital banking services, treasury management, trust and investment services, retail brokerage, farm management, and insurance products. Additionally, HBT Financial generates income from residential mortgage origination and servicing, as well as corporate retirement plan consulting and administration. The company's diversified portfolio of financial services helps it generate stable revenue streams across different economic cycles.