Acquiring Company
HBT FINANCIAL
Acquired Company
NXT
BloomingtonFinancial ServicesLending And InvestmentsFinanceLendingBankingDescription
HBT Financial, Inc. (NASDAQ:HBT) (“HBT” or “HBT Financial”), the holding company for Heartland Bank and Trust Company (“Heartland Bank”), today announced that it has completed its acquisition of NXT Bancorporation, Inc. (“NXT”), the holding company for NXT Bank. As of June 30, 2021, NXT Bank had $238 million in assets, $199 million in loans, and $184 million in deposits.
Quick answer
HBT FINANCIAL is acquiring NXT, announced October 2, 2021. HBT FINANCIAL is based in Bloomington, Illinois, United States.
- How much did HBT FINANCIAL pay for NXT?
- The deal value was not disclosed.
- What does HBT FINANCIAL do?
- HBT Financial, Inc. is a financial services company primarily engaged in providing a range of banking and financial solutions to consumers and businesses.
- Where are HBT FINANCIAL and NXT based?
- HBT FINANCIAL is based in Bloomington, Illinois, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired NXT?
NXT was acquired by HBT FINANCIAL, based in Bloomington. The deal was reported on October 2, 2021. HBT Financial, Inc. is a financial services company primarily engaged in providing a range of banking and financial solutions to consumers and businesses. HBT FINANCIAL is publicly traded (HBT) and operates in Financial Services.
When did HBT FINANCIAL acquire NXT?
HBT FINANCIAL's acquisition of NXT was reported on October 2, 2021. HBT Financial, Inc. (NASDAQ:HBT) (“HBT” or “HBT Financial”), the holding company for Heartland Bank and Trust Company (“Heartland Bank”), today announced that it has completed its acquisition of NXT Bancorporation, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does NXT do?
NXT is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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