BLOOMINGTON, Ill. (AP) — BLOOMINGTON, Ill. (AP) — HBT Financial Inc. (HBT) on Monday reported third-quarter net income of $19.7 million.
The Bloomington, Illinois-based bank said it had earnings of 62 cents per share. Earnings, adjusted for non-recurring costs, came to 63 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.
The bank holding company posted revenue of $68.5 million in the period. Its revenue net of interest expense was $57.8 million, falling short of Street forecasts. Three analysts surveyed by Zacks expected $58.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBT at https://www.zacks.com/ap/HBT