|8-KFeb 2, 7:17 AM ET

HBT Financial, Inc. 8-K

Research Summary

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Updated

HBT Financial Announces Merger to Acquire CNB; Closing Expected Feb 27, 2026

What Happened

  • HBT Financial, Inc. filed an 8-K (Feb 2, 2026) updating investors on its previously announced Agreement and Plan of Merger to acquire CNB Bank & Trust, N.A. and parent CNB Bank Shares, Inc. The merger agreement was originally executed Oct 20, 2025.
  • CNB shareholders approved the transaction on January 26, 2026, and as of January 30, 2026 all required regulatory approvals had been obtained. HBT says the closing remains subject to customary closing conditions and is expected to occur on or around February 27, 2026.

Key Details

  • Agreement executed: October 20, 2025 (Agreement and Plan of Merger between HBT and CNB).
  • Shareholder approval: CNB shareholders approved the transaction on January 26, 2026.
  • Regulatory approvals: All required regulatory approvals obtained as of January 30, 2026.
  • Expected close: On or around February 27, 2026; closing still subject to customary conditions. (No new financial terms disclosed in this 8-K.)

Why It Matters

  • The filing confirms major milestone progress toward HBT’s planned acquisition of CNB: shareholder approval and regulatory sign-offs are complete, reducing two key deal risks.
  • The transaction could affect HBT’s future scale, earnings, loan mix and capital, but the filing notes closing is not final until remaining conditions are met and warns of integration and other risks. Investors should watch for a closing announcement and any disclosed financial impacts or pro forma metrics in future filings.
  • For additional risk details, HBT points investors to its Form 10-K and other SEC filings; the 8-K also includes standard forward‑looking statement cautions.