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BLOOMINGTON, Sick. (AP) _ HBT Monetary Inc. (HBT) on Monday reported first-quarter earnings of $15.2 million.
The financial institution, based mostly in Bloomington, Illinois, stated it had earnings of 55 cents per share. Earnings, adjusted for non-recurring positive aspects, got here to 51 cents per share.
The outcomes exceeded Wall Avenue expectations. The common estimate of 4 analysts surveyed by Zacks Funding Analysis was for earnings of 42 cents per share.
The financial institution holding firm posted income of $41.Four million within the interval. Its income internet of curiosity expense was $39.9 million, additionally surpassing Avenue forecasts. Three analysts surveyed by Zacks anticipated $38.9 million.
HBT Monetary shares have risen 15% for the reason that starting of the 12 months. The inventory has elevated 65% within the final 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on HBT at https://www.zacks.com/ap/HBT
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