HBT Financial, Inc.
Close on Oct 19, 2026
- Market cap
- $1.28B
- P/E (TTM)
- 15.1
- Dividend yield
- 2.39%
About HBT Financial
State Commercial Banks, SIC 6022
HBT Financial, Inc. operates as a bank and financial holding company that delivers banking services through its primary subsidiary, Heartland Bank and Trust Company. The firm provides deposit accounts such as checking, savings, money market, and certificates of deposit, supported by mobile and online banking platforms. It originates commercial real estate, commercial and industrial, agricultural, and residential mortgage loans. Through its wealth management division, the institution also supplies financial planning, trust and custodial administration, investment services, farm management, and crop insurance. Its client base includes individuals, commercial enterprises, and municipal entities.
Headquartered in Bloomington, Illinois, the company concentrates its operations in Illinois and eastern Iowa. Its physical distribution network includes 66 full-service branches, with additional market presence across central Illinois, the Chicago metropolitan area, and the St. Louis metropolitan area resulting from community bank acquisitions. The organization maintains a workforce of 826 full-time equivalent employees to conduct its community banking and financial operations.
Summary of the business section of HBT Financial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- HBT Financial, Inc.
- Founded
- 1920
- Headquarters
- Bloomington, IL
- Address
- 401 N. Hershey Road 61702
- Phone
- (309) 662-4444
- Website
- hbtfinancial.com
- Employees
- 826, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- RSM US LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- HBT
- Exchange
- Nasdaq
- IPO date
- Oct 11, 2019
- Shares outstanding
- 36M, Jul 31, 2026
- Public float
- $318.30M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 775215
- CUSIP
- 404111106
- ISIN
- US4041111067
- LEI
- 549300NTXD4Q6UK5BY66
- EIN
- 37-1117216
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Fred L. Drake | Executive Chairman, Director | 17,279,662 |
| James Lance Carter | President and CEO, Director | 142,703 |
| Christopher J. (Chris) Ryan | EVP & Chief Retail Officer | 2,584 |
| Mark W. Scheirer | EVP & Chief Credit Officer | 31,589 |
| Lawrence J. Horvath | EVP & Chief Lending Officer | 58,609 |
| Diane H. Lanier | EVP & Chief Retail Officer | 35,295 |
| Peter Robert Chapman | EVP & CFO | 27,865 |
| Andrea E. Zurkamer | EVP & Chief Risk Officer | 14,189 |
| Roger A. Baker | Director | 956,833 |
| Michael Morton | Director | – |
| Patrick F. Busch | Director | 223,044 |
| Eric E. Burwell | Director | 45,120 |
| Nancy L. Ruyle | Director | 20,868 |
| Linda J. Koch | Director | 5,500 |
| Allen C. Drake | Director | 204,980 |
| C. Alvin Bowman | Director | 5,000 |
| James T. Ashworth | Director | 288,951 |
| Gerald E. Pfeiffer | Director | 64,947 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Carter | $1.29M | $1.49M | $630.23K | $159 | $109 |
| FY2025 Mr.Carter | $1.29M | $1.49M | $630.23K | $159 | $109 |
| FY2024 Mr. Carter | $1.22M | $1.34M | $616.53K | $130 | $104 |
| FY2024 Mr.Carter | $1.22M | $1.34M | $616.53K | $130 | $104 |
| FY2023 Mr.Carter | $1.02M | $1.14M | $595.74K | $121 | $91 |
| FY2023 Mr.Drake | $924.76K | $1.08M | $595.74K | $121 | $91 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025, we had 826 full-time equivalent employees.”
Corporate history
Events identified from SEC filings