HBT Financial to acquire Tri-County Financial in $204.6M deal

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Go back to HBT Financial to acquire Tri-County Financial in $204.6M deal

HBT Financial, Inc. and Tri-County Financial Group, Inc. Jointly Announce Strategic Transaction

August 10, 2026 8:40 AM EDT

BLOOMINGTON, Ill. and MENDOTA, Ill., Aug. 10, 2026 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the Company or HBT Financial or HBT), the holding company for Heartland Bank and Trust Company (Heartland Bank), and Tri-County Financial Group, Inc. (OTC: TYFG) (Tri-County), the holding company for First State Bank in Mendota, Illinois (First State Bank), today jointly announced the signing of a definitive agreement pursuant to which Tri-County will merge with and into HBT Financial in a combined common stock/cash transaction valued at approximately $204.6 million, based on HBT Financials closing stock price of $36.35 as of August 7, 2026. The combined company... More