Filing Flows › Hills Bancorporation (HBIA) › Q3 2026
Hills Bancorporation (HBIA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Hills Bancorporation (HBIA) reported revenue of $54.8M for the third quarter 2026 (Q3 2026), +28% from a year earlier and -0.4% from the quarter before. Operating margin was 54.7%, net earnings $23.5M (42.8% of revenue).
Hills Bancorporation, Q3 2026: revenue $54.8M (+28% year over year), operating margin 54.7%, net earnings $23.5M, operating cash flow $29.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.8M | -0.4% | +28% |
| Operating profit | $29.9M | -10% | +85% |
| Net earnings | $23.5M | -10% | +82% |
| Operating cash flow | $29.2M | +32% | +28% |
| Free cash flow | $27.9M | +28% | +26% |
What changed
Revenue was $54.8M in Q3 2026, up 28% year over year and roughly flat from the previous quarter. Net interest income was the largest line at 83% of revenue. Net interest income added $7.0M year over year (up 18%), 58% of the total change.
Operating profit was $29.9M, a 54.7% margin (up 16.9 points year over year). Of the extra revenue versus Q3 2025, 115% reached operating profit, above the 38% margin then. Total costs fell 7% while revenue rose 28%. Net earnings were $23.5M, up 82% year over year. The effective tax rate was 21.6%.
Operating cash flow was $29.2M (up 28% year over year), 124% of net earnings. Non-cash charges added back $698K of depreciation and $17K of share-based compensation. Working capital and other items added $5.0M. Capital expenditures of $1.3M left free cash flow of $27.9M.
Questions
What was Hills Bancorporation's revenue in the third quarter 2026?
Hills Bancorporation (HBIA) reported revenue of $54.8M for the third quarter 2026 (Q3 2026), +28% from a year earlier and -0.4% from the quarter before.
Was Hills Bancorporation profitable in the third quarter 2026?
Operating profit was $29.9M (54.7% of revenue) and net earnings $23.5M.