HBTNasdaqState Commercial BanksFiscal year ends December 31
HBT Financial, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$35.21−0.37 (-1.04%)
Close on Oct 19, 2026
- Market cap
- $1.28B
- P/E (TTM)
- 15.1
- Dividend yield
- 2.39%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
25.7%
9M of 36M shares
Institutional holders
128
16 new, 16 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
1 buys · 5 sales
Net sold $1.00M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Drake Fred L | 17,276,215 | 54.90% | 13G (passive) amendment | May 22, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of HBT | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,979,411 | 5.44% | $63.32M | +371,783 | 0.00% |
| Vanguard Capital Management LLC | 726,752 | 2.00% | $23.25M | +206,638 | 0.00% |
| Dimensional Fund Advisors LP | 588,886 | 1.62% | $18.84M | +27,727 | 0.00% |
| Manufacturers Life Insurance Company, The | 490,011 | 1.35% | $15.68M | −1,407 | 0.01% |
| Adage Capital Partners Gp, L.L.C. | 473,202 | 1.30% | $15.14M | +27,422 | 0.02% |
| Geode Capital Management, LLC | 450,008 | 1.24% | $14.40M | +147,969 | 0.00% |
| State Street Corp | 395,928 | 1.09% | $12.67M | +103,228 | 0.00% |
| American Century Companies Inc | 349,781 | 0.96% | $11.19M | +23,837 | 0.00% |
| LPL Financial LLC | 321,709 | 0.88% | $10.29M | −2,339 | 0.00% |
| Wellington Management Group Llp | 298,605 | 0.82% | $9.55M | New | 0.00% |
| Royce & Associates LP | 264,422 | 0.73% | $8.46M | – | 0.07% |
| Allspring Global Investments Holdings, LLC | 249,975 | 0.69% | $8.00M | +124,624 | 0.01% |
| Northern Trust Corp | 194,494 | 0.53% | $6.22M | +44,271 | 0.00% |
| Siena Capital Partners GP, LLC | 182,331 | 0.50% | $5.83M | – | 1.41% |
| Heartland Bank & Trust Co | 150,575 | 0.41% | $4.82M | −9,912 | 1.00% |
| Acadian Asset Management LLC | 146,416 | 0.40% | $4.67K | +27,040 | 0.01% |
| Bank of New York Mellon Corp | 139,809 | 0.38% | $4.47M | +18,158 | 0.00% |
| Charles Schwab Investment Management Inc | 135,370 | 0.37% | $4.33M | +41,309 | 0.00% |
| Morgan Stanley | 121,661 | 0.33% | $3.89M | +18,596 | 0.00% |
| Two Sigma Investments, LP | 121,492 | 0.33% | $3.89M | +67,446 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 128 | 9M | 25.7% | 16 / 56 | 31 / 16 | 2M | 1M |
| Q1 2026 | 129 | 8M | 22.3% | 21 / 42 | 38 / 6 | 2M | 0M |
| Q4 2025 | 115 | 8M | 20.8% | 8 / 36 | 43 / 6 | 0M | 0M |
| Q3 2025 | 113 | 8M | 20.6% | 13 / 42 | 34 / 6 | 0M | 0M |
| Q2 2025 | 106 | 8M | 20.8% | 11 / 35 | 37 / 9 | 0M | 1M |
| Q1 2025 | 104 | 8M | 21.0% | 13 / 28 | 40 / 6 | 1M | 0M |
| Q4 2024 | 98 | 7M | 20.3% | 17 / 32 | 32 / 9 | 1M | 1M |
| Q3 2024 | 90 | 7M | 20.2% | 14 / 33 | 25 / 6 | 2M | 1M |
| Q2 2024 | 84 | 7M | 20.0% | 16 / 26 | 29 / 7 | 0M | 1M |
| Q1 2024 | 76 | 7M | 20.5% | 6 / 25 | 28 / 6 | 0M | 0M |
| Q4 2023 | 76 | 8M | 20.9% | 6 / 33 | 20 / 3 | 1M | 1M |
| Q3 2023 | 73 | 8M | 20.8% | 6 / 25 | 27 / 3 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of HBT | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 520,309 | 1.43% | $16.64M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 447,973 | 1.23% | $14.33M | 0.02% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 325,277 | 0.89% | $9.31M | 0.03% | May 31, 2026 |
| Regional Bank Fund | 246,285 | 0.68% | $8.83M | 0.92% | Jul 31, 2026 |
| Allspring Small Company Value Portfolio | 229,366 | 0.63% | $8.22M | 1.24% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 191,907 | 0.53% | $6.14M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 178,699 | 0.49% | $6.40M | 0.02% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 169,524 | 0.47% | $5.42M | 0.04% | Jun 30, 2026 |
| BlackRock Advantage Small Cap Core Fund | 156,397 | 0.43% | $4.48M | 0.09% | May 29, 2026 |
| U.S. Micro Cap Portfolio | 98,887 | 0.27% | $3.54M | 0.05% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 94,221 | 0.26% | $3.38M | 0.02% | Jul 31, 2026 |
| Dimensional U.S. Small Cap ETF | 85,301 | 0.23% | $3.06M | 0.02% | Jul 31, 2026 |
| Johnson Opportunity Fund | 71,400 | 0.20% | $2.28M | 1.40% | Jun 30, 2026 |
| Royce Micro-Cap Fund | 68,430 | 0.19% | $2.19M | 0.51% | Jun 30, 2026 |
| U.S. Targeted Value Portfolio | 67,694 | 0.19% | $2.43M | 0.01% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Fred L. Drake | Executive Chairman, Director, 10% owner | 17,279,662 | 47.52% | Apr 30, 2026 |
| James Lance Carter | President and CEO, Director | 142,703 | 0.39% | Mar 3, 2026 |
| Christopher J. (Chris) Ryan | EVP & Chief Retail Officer | 2,584 | 0.01% | Jun 1, 2026 |
| Mark W. Scheirer | EVP & Chief Credit Officer | 31,589 | 0.09% | May 1, 2026 |
| Lawrence J. Horvath | EVP & Chief Lending Officer | 58,609 | 0.16% | Mar 17, 2026 |
| Diane H. Lanier | EVP & Chief Retail Officer | 35,295 | 0.10% | Mar 3, 2026 |
| Peter Robert Chapman | EVP & CFO | 27,865 | 0.08% | Mar 3, 2026 |
| Andrea E. Zurkamer | EVP & Chief Risk Officer | 14,189 | 0.04% | Mar 3, 2026 |
| Roger A. Baker | Director | 956,833 | 2.63% | Aug 19, 2026 |
| Michael Morton | Director | – | – | Apr 1, 2026 |
| Patrick F. Busch | Director | 223,044 | 0.61% | Mar 17, 2026 |
| Eric E. Burwell | Director | 45,120 | 0.12% | Mar 11, 2026 |
| Nancy L. Ruyle | Director | 20,868 | 0.06% | Mar 3, 2026 |
| Linda J. Koch | Director | 5,500 | 0.02% | Mar 3, 2026 |
| Allen C. Drake | Director | 204,980 | 0.56% | Mar 3, 2026 |
| C. Alvin Bowman | Director | 5,000 | 0.01% | Mar 3, 2026 |
| James T. Ashworth | Director | 288,951 | 0.79% | Mar 3, 2026 |
| Gerald E. Pfeiffer | Director | 64,947 | 0.18% | Mar 3, 2026 |
| Heartland Bancorp, Inc. Voting Trust U/A/D 5/4/2016 | 10% owner | 17,270,558 | 47.49% | Apr 30, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Roger A. Baker Director | Aug 18, 2026 | Gift | −15,000 | – | – | 531,604 |
| Mark W. Scheirer EVP & Chief Credit Officer | Apr 30, 2026 | Gift | −4,118 | – | – | 3,199 |
| Heartland Bancorp, Inc. Voting Trust U/A/D 5/4/2016 10% owner | Apr 28, 2026 | Sale | −15,742 | $28.93 | $455.42K | 45,815 |
| Patrick F. Busch Director | Mar 16, 2026 | Sale | −15,000 | $26.48 | $397.20K | 174,544 |
| Lawrence J. Horvath EVP & Chief Lending Officer | Mar 16, 2026 | Sale | −5,000 | $26.60 | $133.00K | 58,609 |
| Eric E. Burwell Director | Mar 10, 2026 | Buy | +4,000 | $26.24 | $104.96K | 35,820 |
| James T. Ashworth Director | Mar 1, 2026 | Award | +33,654 | – | – | 33,654 |
| James T. Ashworth Director | Mar 1, 2026 | Award | +159,854 | – | – | 159,854 |
| James T. Ashworth Director | Mar 1, 2026 | Award | +95,443 | – | – | 95,443 |
| Nancy L. Ruyle Director | Mar 1, 2026 | Award | +20,868 | – | – | 20,868 |
| Patrick F. Busch Director | Feb 28, 2026 | Tax withholding | −461 | $26.96 | $12.43K | 48,500 |
| Heartland Bancorp, Inc. Voting Trust U/A/D 5/4/2016 10% owner | Feb 28, 2026 | Tax withholding | −1,466 | $26.96 | $39.52K | 8,835 |
| Heartland Bancorp, Inc. Voting Trust U/A/D 5/4/2016 10% owner | Feb 28, 2026 | Award | +7,830 | – | – | 16,665 |
| Heartland Bancorp, Inc. Voting Trust U/A/D 5/4/2016 10% owner | Feb 28, 2026 | Tax withholding | −2,322 | $26.96 | $62.60K | 14,343 |
| Heartland Bancorp, Inc. Voting Trust U/A/D 5/4/2016 10% owner | Feb 28, 2026 | Award | +2,596 | – | – | 10,301 |
| Allen C. Drake Director | Feb 28, 2026 | Award | +600 | – | – | 4,000 |
| Mark W. Scheirer EVP & Chief Credit Officer | Feb 28, 2026 | Tax withholding | −557 | $26.96 | $15.02K | 7,317 |
| Mark W. Scheirer EVP & Chief Credit Officer | Feb 28, 2026 | Award | +1,611 | – | – | 7,874 |
| Mark W. Scheirer EVP & Chief Credit Officer | Feb 28, 2026 | Tax withholding | −500 | $26.96 | $13.48K | 6,263 |
| Mark W. Scheirer EVP & Chief Credit Officer | Feb 28, 2026 | Award | +1,557 | – | – | 6,763 |
| Linda J. Koch Director | Feb 28, 2026 | Award | +600 | – | – | 5,500 |
| C. Alvin Bowman Director | Feb 28, 2026 | Award | +600 | – | – | 5,000 |
| Lawrence J. Horvath EVP & Chief Lending Officer | Feb 28, 2026 | Award | +1,916 | – | – | 62,398 |
| Lawrence J. Horvath EVP & Chief Lending Officer | Feb 28, 2026 | Tax withholding | −748 | $26.96 | $20.17K | 61,650 |
| Lawrence J. Horvath EVP & Chief Lending Officer | Feb 28, 2026 | Award | +2,975 | – | – | 64,625 |
| Lawrence J. Horvath EVP & Chief Lending Officer | Feb 28, 2026 | Tax withholding | −1,016 | $26.96 | $27.39K | 63,609 |
| Eric E. Burwell Director | Feb 28, 2026 | Award | +600 | – | – | 4,000 |
| Diane H. Lanier EVP & Chief Retail Officer | Feb 28, 2026 | Award | +1,434 | – | – | 35,295 |
| Diane H. Lanier EVP & Chief Retail Officer | Feb 28, 2026 | Award | +889 | – | – | 33,861 |
| Andrea E. Zurkamer EVP & Chief Risk Officer | Feb 28, 2026 | Award | +1,047 | – | – | 14,189 |
| Andrea E. Zurkamer EVP & Chief Risk Officer | Feb 28, 2026 | Tax withholding | −445 | $26.96 | $12.00K | 14,688 |
| Andrea E. Zurkamer EVP & Chief Risk Officer | Feb 28, 2026 | Award | +1,289 | – | – | 15,133 |
| Andrea E. Zurkamer EVP & Chief Risk Officer | Feb 28, 2026 | Tax withholding | −345 | $26.96 | $9.30K | 13,844 |
| Peter Robert Chapman EVP & CFO | Feb 28, 2026 | Award | +2,592 | – | – | 27,865 |
| Peter Robert Chapman EVP & CFO | Feb 28, 2026 | Tax withholding | −4,308 | $26.96 | $116.14K | 23,557 |
| Peter Robert Chapman EVP & CFO | Feb 28, 2026 | Tax withholding | −1,787 | $26.96 | $48.18K | 25,996 |
| Peter Robert Chapman EVP & CFO | Feb 28, 2026 | Award | +4,226 | – | – | 27,783 |
| James Lance Carter President and CEO, Director | Feb 28, 2026 | Tax withholding | −1,664 | $26.96 | $44.86K | 142,703 |
| James Lance Carter President and CEO, Director | Feb 28, 2026 | Award | +5,322 | – | – | 144,367 |
| James Lance Carter President and CEO, Director | Feb 28, 2026 | Tax withholding | −1,811 | $26.96 | $48.82K | 147,074 |
| James Lance Carter President and CEO, Director | Feb 28, 2026 | Award | +6,182 | – | – | 148,885 |
| Roger A. Baker Director | Feb 28, 2026 | Award | +600 | – | – | 1,200 |
| Gerald E. Pfeiffer Director | Feb 28, 2026 | Award | +600 | – | – | 59,785 |
| Fred L. Drake Executive Chairman, Director, 10% owner | Feb 20, 2026 | Sale | −2,258 | $28.60 | $64.58K | 61,557 |
| Fred L. Drake Executive Chairman, Director, 10% owner | Feb 18, 2026 | Sale | −2,000 | $28.74 | $57.48K | 63,815 |
| Roger A. Baker Director | Dec 17, 2025 | Gift | −546,604 | – | – | 600 |
| Fred L. Drake Executive Chairman, Director, 10% owner | Nov 12, 2025 | Gift | −45,815 | – | – | 7,705 |
| Roger A. Baker Director | Oct 29, 2025 | Gift | −4,000 | – | – | 547,204 |
| Allen C. Drake Director | May 28, 2025 | Gift | −165,000 | – | – | 200,980 |
| Allen C. Drake Director | May 28, 2025 | Gift | −330,000 | – | – | 1,166,288 |
| Allen C. Drake Director | May 28, 2025 | Gift | +165,000 | – | – | 365,980 |
| Allen C. Drake Director, 10% owner | May 22, 2025 | Other | −5,939,880 | – | – | 0 |
| Allen C. Drake Director, 10% owner | May 22, 2025 | Other | +1,484,970 | – | – | 1,496,288 |
| Linda J. Koch Director | Feb 28, 2025 | Award | +600 | – | – | 4,900 |
| Gerald E. Pfeiffer Director | Feb 28, 2025 | Award | +600 | – | – | 59,185 |
| James Lance Carter President and CEO, Director | Feb 28, 2025 | Award | +5,572 | – | – | 135,457 |
| James Lance Carter President and CEO, Director | Feb 28, 2025 | Tax withholding | −1,550 | $25.00 | $38.75K | 133,907 |
| James Lance Carter President and CEO, Director | Feb 28, 2025 | Tax withholding | −2,128 | $25.00 | $53.20K | 139,045 |
| James Lance Carter President and CEO, Director | Feb 28, 2025 | Award | +7,266 | – | – | 141,173 |
| Peter Robert Chapman EVP & CFO | Feb 28, 2025 | Award | +2,688 | – | – | 27,829 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| F. Busch Patrick Director | Mar 16, 2026 | 15,000 | $392.55K | Mar 16, 2026 | Acquired from public market |
| Lawrence J. Horvath Director | Mar 13, 2026 | 5,000 | $131.60K | Mar 13, 2026 | Open market purchase |
| Fred L. Drake Officer, Director, 10% Stockholder | Feb 19, 2026 | 20,000 | $913.10M | Feb 18, 2026 | acquired from public market |
| L. Drake Fred Officer, Director, 10% Stockholder | Feb 6, 2025 | 23,670 | $601.46K | Feb 6, 2025 | Acquired from public market |
| F. Busch Patrick Director | Jan 31, 2025 | 8,000 | $198.88K | Jan 31, 2025 | Acquired from public market |
| L. Drake Fred Officer, Director, 10% Stockholder | Jan 29, 2025 | 25,000 | $602.25K | Jan 29, 2025 | Acquired from public market |
| L. Drake Fred Officer, Director, 10% Stockholder | Dec 11, 2024 | 20,000 | $482.20K | Dec 11, 2024 | Acquired from public market |
| L. Drake Fred Officer, Director, 10% Stockholder | Nov 18, 2024 | 20,000 | $484.60K | Nov 18, 2024 | Acquired from public market |
| A. Baker Roger Director | Aug 27, 2024 | 10,000 | $228.00K | Aug 27, 2024 | Acquired from public market |