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HBT Financial Valuation Multiples
Discover revenue and EBITDA valuation multiples for HBT Financial and similar public comparables like Basellandschaftliche Kantonalbank, Horizon Bancorp, Pasargad Bank, Esquire Bank and more.
HBT Financial Overview
About HBT Financial
HBT Financial Inc provides a comprehensive suite of business, commercial, wealth management, and retail banking products and services to individuals, businesses, and municipal entities throughout Central and Northeastern Illinois and Eastern Iowa. It operates through one reportable segment: community banking.
Founded
1982
HQ

Employees
844
Website
Sectors
Financials (LTM)
EV
$933M
HBT Financial Financials
HBT Financial reported last 12-month revenue of $249M.
In the same LTM period, HBT Financial generated $80M in net income.
Revenue (LTM)
HBT Financial P&L
In the most recent fiscal year, HBT Financial reported revenue of $222M and net income of $72M.
HBT Financial expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $249M | XXX | $222M | XXX | XXX | XXX |
| EBIT Margin | 47% | XXX | — | XXX | XXX | XXX |
| Net Profit | $80M | XXX | $72M | XXX | XXX | XXX |
| Net Margin | 32% | XXX | 32% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
HBT Financial Stock Performance
HBT Financial has current market cap of $868M, and enterprise value of $933M.
Market Cap Evolution
HBT Financial's stock price is $27.61.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $933M | $868M | 0.0% | XXX | XXX | XXX | $2.28 |
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Start Free TrialHBT Financial Valuation Multiples
HBT Financial trades at 3.8x EV/Revenue multiple.
EV / Revenue (LTM)
HBT Financial Financial Valuation Multiples
As of March 7, 2026, HBT Financial has market cap of $868M and EV of $933M.
Equity research analysts estimate HBT Financial's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
HBT Financial has a P/E ratio of 10.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $868M | XXX | $868M | XXX | XXX | XXX |
| EV (current) | $933M | XXX | $933M | XXX | XXX | XXX |
| EV/Revenue | 3.8x | XXX | 4.2x | XXX | XXX | XXX |
| EV/EBIT | 7.9x | XXX | — | XXX | XXX | XXX |
| P/E | 10.8x | XXX | 12.1x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 11.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified HBT Financial Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


HBT Financial Margins & Growth Rates
HBT Financial's revenue in the last 12 month grew by 23%.
HBT Financial's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
HBT Financial Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 23% | XXX | 7% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 35% | XXX | XXX | XXX |
| Opex to Revenue | 54% | XXX | — | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
HBT Financial Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Basellandschaftliche Kantonalbank | XXX | XXX | XXX | XXX | XXX | XXX |
| Horizon Bancorp | XXX | XXX | XXX | XXX | XXX | XXX |
| Pasargad Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Esquire Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Business First Bancshares | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
HBT Financial M&A Activity
HBT Financial acquired XXX companies to date.
Last acquisition by HBT Financial was on XXXXXXXX, XXXXX. HBT Financial acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by HBT Financial
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialHBT Financial Investment Activity
HBT Financial invested in XXX companies to date.
HBT Financial made its latest investment on XXXXXXXX, XXXXX. HBT Financial invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by HBT Financial
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout HBT Financial
| When was HBT Financial founded? | HBT Financial was founded in 1982. |
| Where is HBT Financial headquartered? | HBT Financial is headquartered in United States. |
| How many employees does HBT Financial have? | As of today, HBT Financial has over 844 employees. |
| Who is the CEO of HBT Financial? | HBT Financial's CEO is J. Lance Carter. |
| Is HBT Financial publicly listed? | Yes, HBT Financial is a public company listed on Nasdaq. |
| What is the stock symbol of HBT Financial? | HBT Financial trades under HBT ticker. |
| When did HBT Financial go public? | HBT Financial went public in 2019. |
| Who are competitors of HBT Financial? | HBT Financial main competitors are Basellandschaftliche Kantonalbank, Horizon Bancorp, Pasargad Bank, Esquire Bank. |
| What is the current market cap of HBT Financial? | HBT Financial's current market cap is $868M. |
| What is the current revenue of HBT Financial? | HBT Financial's last 12 months revenue is $249M. |
| What is the current revenue growth of HBT Financial? | HBT Financial revenue growth (NTM/LTM) is 23%. |
| What is the current EV/Revenue multiple of HBT Financial? | Current revenue multiple of HBT Financial is 3.8x. |
| Is HBT Financial profitable? | Yes, HBT Financial is net-income-positive (as of the last 12 months). |
| What is the current net income of HBT Financial? | HBT Financial's last 12 months net income is $80M. |
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