Equity Analysis /
United States of America

US : HBT Financial, Inc. - HBT | Downgrading to Market Perform on Revenue Growth Headwinds

    Ken Kohut
    Daniel Tamayo
    1 February 2021
    Published byCGS-CIMB

    We are downgrading HBT shares to Market Perform from Outperform following the release of 4Q financial results. It was mostly a solid quarter in 4Q and we raised 2021 EPS for lower credit costs and incremental share repurchases, but core NIM contracted more than we expected. While we continue to thi