Filing Flows › Hills Bancorporation (HBIA) › Q2 2026
Hills Bancorporation (HBIA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Hills Bancorporation (HBIA) reported revenue of $55.0M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +9% from the quarter before. Operating margin was 60.3%, net earnings $26.0M (47.3% of revenue).
Hills Bancorporation, Q2 2026: revenue $55.0M (+21% year over year), operating margin 60.3%, net earnings $26.0M, operating cash flow $22.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $55.0M | +9% | +21% |
| Operating profit | $33.2M | +21% | +40% |
| Net earnings | $26.0M | +19% | +39% |
| Operating cash flow | $22.0M | +4% | +160% |
| Free cash flow | $21.7M | +6% | +182% |
What changed
Revenue was $55.0M in Q2 2026, up 21% year over year and up 9% from the previous quarter. Net interest income was the largest line at 80% of revenue. Net interest income added $7.0M year over year (up 19%), 75% of the total change.
Operating profit was $33.2M, a 60.3% margin (up 8.5 points year over year). Of the extra revenue versus Q2 2025, 101% reached operating profit, above the 52% margin then. Total costs fell 1% while revenue rose 21%. Net earnings were $26.0M, up 39% year over year. The effective tax rate was 21.6%.
Operating cash flow was $22.0M (up 160% year over year), 85% of net earnings. Non-cash charges added back $716K of depreciation and $13K of share-based compensation. Working capital and other items used $4.7M. Capital expenditures of $311K left free cash flow of $21.7M.
Questions
What was Hills Bancorporation's revenue in the second quarter 2026?
Hills Bancorporation (HBIA) reported revenue of $55.0M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +9% from the quarter before.
Was Hills Bancorporation profitable in the second quarter 2026?
Operating profit was $33.2M (60.3% of revenue) and net earnings $26.0M.