Filing Flows › Hills Bancorporation (HBIA) › Q2 2025
Hills Bancorporation (HBIA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Hills Bancorporation (HBIA) reported revenue of $45.6M for the second quarter 2025 (Q2 2025), +26% from a year earlier and +8% from the quarter before. Operating margin was 51.9%, net earnings $18.7M (40.9% of revenue).
Hills Bancorporation, Q2 2025: revenue $45.6M (+26% year over year), operating margin 51.9%, net earnings $18.7M, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $45.6M | +8% | +26% |
| Operating profit | $23.6M | +33% | +51% |
| Net earnings | $18.7M | +29% | +51% |
| Operating cash flow | $8.5M | -44% | +43% |
| Free cash flow | $7.7M | -47% | +69% |
What changed
Revenue was $45.6M in Q2 2025, up 26% year over year and up 8% from the previous quarter. Net interest income was the largest line at 81% of revenue. Net interest income added $9.0M year over year (up 32%), 95% of the total change.
Operating profit was $23.6M, a 51.9% margin (up 8.4 points year over year). Of the extra revenue versus a year earlier, 84% reached operating profit, above the 43% margin then. Total costs grew 8% against revenue growth of 26%. Net earnings were $18.7M, up 51% year over year. The effective tax rate was 21.1%.
Operating cash flow was $8.5M (up 43% year over year), 45% of net earnings. Non-cash charges added back $596K of depreciation and $7K of share-based compensation. Working capital and other items used $10.8M. Capital expenditures of $755K left free cash flow of $7.7M.
Questions
What was Hills Bancorporation's revenue in the second quarter 2025?
Hills Bancorporation (HBIA) reported revenue of $45.6M for the second quarter 2025 (Q2 2025), +26% from a year earlier and +8% from the quarter before.
Was Hills Bancorporation profitable in the second quarter 2025?
Operating profit was $23.6M (51.9% of revenue) and net earnings $18.7M.