HBT Financial Exceeds Earnings Estimates Amid CNB Acquisition
HBT Financial Inc. (NASDAQ:HBT) reported first-quarter results that exceeded analyst expectations, driven by the acquisition of CNB Bank Shares. Adjusted earnings per share reached $0.68, and revenue hit $67.33 million. The acquisition added $1.8 billion in assets to HBT's balance sheet, though GAAP net income declined due to acquisition-related costs.
Tickers: $HBT
Topics: acquisition earnings financial performance stock price movement