HBT Financial Inc, headquartered in Bloomington, Illinois, serves as the parent company for Heartland Bank and Trust Company. It offers a wide range of banking services including personal and business banking, loans for various purposes such as commercial real estate, agriculture, and residential properties, as well as wealth management and digital banking solutions. With a history dating back to 1920, HBT Financial has grown to support the financial needs of individuals and businesses across Central and Northeastern Illinois and Eastern Iowa.
Cheesecake Factory is the day's biggest payer, sending shareholders $14.9 million at 30 cents a share on August 25. Four others, led by HBT Financial's $9.1 million, bring today's total cash to shareholders to roughly $37 million.
HBT Financial's CNB Bank acquisition is already accretive. The Midwest lender beat EPS by 6.3% on a 22.5% sequential surge in net interest income as the combined balance sheet repriced higher, then rewarded shareholders with a $0.02 dividend hike to $0.25 per share.