Filing Flows › Hills Bancorporation (HBIA) › Q3 2025
Hills Bancorporation (HBIA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Hills Bancorporation (HBIA) reported revenue of $42.8M for the third quarter 2025 (Q3 2025), +15% from a year earlier and -6% from the quarter before. Operating margin was 37.8%, net earnings $12.9M (30.2% of revenue).
Hills Bancorporation, Q3 2025: revenue $42.8M (+15% year over year), operating margin 37.8%, net earnings $12.9M, operating cash flow $22.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $42.8M | -6% | +15% |
| Operating profit | $16.2M | -32% | +5% |
| Net earnings | $12.9M | -31% | +6% |
| Operating cash flow | $22.7M | +169% | -10% |
| Free cash flow | $22.1M | +186% | -8% |
What changed
Revenue was $42.8M in Q3 2025, up 15% year over year and down 6% from the previous quarter. Net interest income was the largest line at 90% of revenue. Net interest income added $9.1M year over year (up 31%), 167% of the total change. Noninterest income declined 46%.
Operating profit was $16.2M, a 37.8% margin (down 3.4 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, below the 41% margin then. Total costs grew 21% against revenue growth of 15%. The fastest-growing cost line was Credit loss provision (+165%). Net earnings were $12.9M, up 6% year over year. The effective tax rate was 20.1%.
Operating cash flow was $22.7M (down 10% year over year), 176% of net earnings. Non-cash charges added back $612K of depreciation and $12K of share-based compensation. Working capital and other items added $9.2M. Capital expenditures of $661K left free cash flow of $22.1M.
Questions
What was Hills Bancorporation's revenue in the third quarter 2025?
Hills Bancorporation (HBIA) reported revenue of $42.8M for the third quarter 2025 (Q3 2025), +15% from a year earlier and -6% from the quarter before.
Was Hills Bancorporation profitable in the third quarter 2025?
Operating profit was $16.2M (37.8% of revenue) and net earnings $12.9M.