Is HBT Financial, Inc. overvalued or undervalued?

As of 12 May 2025, HBT Financial, Inc. has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 10, a Price to Book Value of 1.32, and an EV to EBITDA of 6.03. In comparison to peers, Coastal Financial Corp. has a significantly higher P/E ratio of 25.69, while Republic Bancorp, Inc. shows a more attractive P/E of 10.09.
Despite the fair valuation, HBT Financial has demonstrated strong performance with a return on equity (ROE) of 13.38% and a robust dividend yield of 253.39%. The stock has outperformed the S&P 500 over the past year, returning 31.12% compared to the index's 10.26%, reinforcing its current valuation status.