Heartland Financial USA

Heartland Financial USA, Inc. operates as a bank holding company. The firm provides commercial banking services. It also engages in the business of community banking. The company was founded in 1981 and is headquartered in Denver, CO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

HTLF reports record revenue and efficiency gains in 2022

HTLF delivered a strong performance in 2022 with record revenue and loan growth. The company's efficiency improved, and key credit metrics remained solid. Strategic initiatives like charter consolidations and branch optimization are enhancing operational efficiency.
While facing challenges in consumer deposit growth and competitive markets, HTLF is poised for growth through reinvestment opportunities and a focus on commercial and small business segments.

Heartland Financial USA (HTLF) reports robust Q1 results and eyes growth opportunities

Heartland Financial USA (HTLF) delivered strong financial performance in Q1, with a focus on customer relationships and growth. The company's strategic initiatives and recognition for achievements position it well for future success.
While facing potential challenges in credit quality and market conditions, HTLF remains resilient and focused on driving efficiency and customer experience. Opportunities for growth through loan expansion and customer outreach are key focus areas for the company.

Heartland Financial USA reports robust Q2 results and eyes growth

HTLF's Q2 performance reflects a strong financial position driven by loan growth and strategic initiatives to enhance operational efficiency and service quality.
While facing challenges in deposit growth and advertising expenses, the company's focus on growth opportunities and talent recruitment positions it for future expansion.
By balancing short-term challenges with long-term opportunities, HTLF aims to sustain its growth trajectory and deliver value to shareholders through strategic decision-making.

Heartland Financial USA reports solid Q3 performance amidst strategic initiatives

Heartland Financial USA (HTLF) delivered a solid performance in Q3 2023, marked by growth in loans and deposits, stable credit quality, and strategic initiatives.
While facing challenges such as charter consolidation expenses, the company remains focused on expense reduction and growth opportunities in the upcoming quarter.
With a strong commercial pipeline, stable credit metrics, and new executive appointments, HTLF is well-positioned to navigate challenges and pursue growth in the evolving financial landscape.

HTLF reports resilient earnings, focuses on efficiency and growth

HTLF delivered solid financial performance despite challenges, with a focus on strategic initiatives and efficiency enhancement.
Maintained strong credit metrics and commitment to shareholders through dividend approval.
Opportunities lie in revenue growth, operational efficiency, and leveraging credit strength for expansion.
Challenges include managing short-term losses, loan diversification, and balancing growth with cost control.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Heartland Financial USA, Inc. operates as a bank holding company, which provides commercial banking services. It also engages in the business of community banking. The company was founded in 1981 and is headquartered in Denver, CO.

DUBUQUE, Iowa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Officials of Heartland Financial USA, Inc. (NASDAQ: HTLF) announced today that the company plans to broadcast a conference call detailing its Third Quarter 2020 earnings live over the internet at www.htlf.com at 5:00 p.m. ET on Monday, October 26, 2020.  Lynn B. Fuller, Executive Operating Chairman; Bruce K. Lee, President and CEO, and Bryan R. McKeag, Executive Vice President and Chief Financial Officer, will conduct the conference call. Financial results will be available on the company’s website on October 26, 2020, after the market closes. There will be a question-and-answer session following the presentation.

HEARTLAND FINANCIAL USA, INC. SCHEDULES THIRD QUARTER EARNINGS CONFERENCE CALL FOR OCTOBER 26, 2020

Edina, MN, Oct. 05, 2020 (GLOBE NEWSWIRE) -- Minnesota Bank & Trust announced today it will donate $20,000 to Noble Academy on World Teachers’ Day.

Minnesota Bank & Trust Donates $20,000 to Noble Academy

Dubuque, IA, Oct. 05, 2020 (GLOBE NEWSWIRE) -- October 5, 2020 — Dubuque, IA — Heartland Financial USA, Inc. (NASDAQ: HTLF) and its member banks announced contributions totaling more than $260,000 to high-need schools in the communities they serve.

Heartland Financial USA, Inc. and Member Banks Contribute More Than $260K to High-Need Schools in Our Communities

Heartland Financial (HTLF) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

Is Heartland Financial (HTLF) Stock a Solid Choice Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Heartland Financial (HTLF) a Great Value Stock Right Now?

Heartland Financial USA, Inc. (HTLF) CEO Bruce Lee on Q2 2020 Results - Earnings Call Transcript

Heartland Financial (HTLF) delivered earnings and revenue surprises of 82.22% and 9.17%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Heartland Financial (HTLF) Q2 Earnings and Revenues Beat Estimates

Dubuque, IA, July  27, 2020  (GLOBE NEWSWIRE) --

HEARTLAND FINANCIAL USA, INC. REPORTS QUARTERLY AND YEAR TO DATE RESULTS AS OF JUNE 30, 2020

Heartland Financial (HTLF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Heartland Financial (HTLF)

Heartland Financial (HTLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Heartland Financial (HTLF) to Report a Decline in Earnings: What to Look Out for

Dubuque, IA, July  15, 2020  (GLOBE NEWSWIRE) -- Heartland Financial USA, Inc. (NASDAQ: HTLF) announced that Nathan Jones joined the company as Executive Vice President, Chief Credit Officer, reporting directly to Bruce Lee, President and Chief Executive Officer.  Jones will lead Heartland’s credit administration organization and provide leadership in formulating credit policies, processes and practices.

Nathan Jones joins Heartland as Chief Credit Officer

Heartland Financial USA: A New Preferred Stock IPO From This Low-Leveraged Bank

DUBUQUE, Iowa, June  26, 2020  (GLOBE NEWSWIRE) -- Heartland Financial USA, Inc. (NASDAQ: HTLF) (“Heartland”) today announced the closing of its previously announced offering (the “Offering”) of 4,600,000 depositary shares (the “depositary shares”), each representing a 1/400th interest in a share of 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, with a liquidation preference of $25 per depositary share (equivalent to $10,000 per share of Series E Preferred Stock), including 600,000 depositary shares issued upon the exercise in full by the underwriters of their over-allotment option.

Heartland Financial USA, Inc. Announces Closing of $115 Million Offering of Depositary Shares

DUBUQUE, Iowa, June  19, 2020  (GLOBE NEWSWIRE) -- Heartland Financial USA, Inc. (NASDAQ: HTLF) (“Heartland”) today announced that it has priced an underwritten public offering of 4,000,000 depositary shares (the “depositary shares”), each representing a 1/400th interest in a share of 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, with a liquidation preference of $25 per depositary share (equivalent to $10,000 per share of Series E Preferred Stock). The offering is subject to customary closing conditions and is expected to close on or about June 26, 2020. Heartland has applied to list the depositary shares on The Nasdaq Global Select Market under the symbol “HTLFP.”

Heartland Financial USA, Inc. Announces Pricing of $100 Million Offering of Depositary Shares

Heartland Financial's (HTLF) acquisition of Johnson Bank's Arizona operations is aimed at strengthening its foothold in the region.

Heartland Financial to Buy Johnson Bank's Arizona Business

DUBUQUE, Iowa and RACINE, Wis., June  09, 2020  (GLOBE NEWSWIRE) -- Dubuque, IA-based Heartland Financial USA, Inc. (“Heartland”) (NASDAQ: HTLF) and Racine, WI-based Johnson Financial Group, Inc. (“JFG”) jointly announced today that Arizona Bank & Trust (“AB&T”), a wholly-owned subsidiary of Heartland headquartered in Phoenix, Arizona, has entered into a purchase and assumption agreement, pursuant to which AB&T will acquire certain assets and will assume substantially all of the deposits and certain other liabilities of Johnson Bank’s Arizona operations. Johnson Bank is a wholly owned subsidiary of JFG. Johnson Insurance Services is not a part of this transaction.

Heartland Financial USA, Inc. and Johnson Financial Group, Inc.

Let's see if Heartland Financial USA (HTLF) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Pick Heartland Financial USA (HTLF)?

Heartland Financial USA, Inc. (HTLF) CEO Bruce Lee on Q1 2020 Results - Earnings Call Transcript

Heartland Financial (HTLF) delivered earnings and revenue surprises of 35.53% and -0.14%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Heartland Financial (HTLF) Q1 Earnings Beat Estimates

Will Heartland Financial (HTLF) Beat Estimates Again in Its Next Earnings Report?

Heartland Financial (HTLF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Heartland Financial (HTLF) Might Surprise This Earnings Season

Ameris Bancorp

Hope Bancorp

Prosperity Bancshares

S&T Bancorp

While lower rates and rise in provisions are expected to have hurt banks' earnings in the first quarter, improved trading and mortgage banking performances, and decent lending activities are likely to have offered support.

5 Bank Stocks Poised to Surpass Earnings Estimates in Q1

DUBUQUE, Iowa, April  14, 2020  (GLOBE NEWSWIRE) -- Heartland Financial USA, Inc. (NASDAQ: HTLF) and its 11 member banks announced contributions totaling $1.2 million to support nonprofit organizations in our communities that are leading the response to challenges created by COVID-19.

Heartland Financial USA, Inc. and Member Banks Contribute $1.2 Million to Organizations Serving Our Communities

Recognition of efforts by customer-facing bank branch and call center employees Recognition of efforts by customer-facing bank branch and call center employees

Heartland Financial USA, Inc. Announces 20 percent Premium Pay Program for Certain Employees

Consortium of 11 Community Banks Deliver Lifeline to  Thousands of Small Businesses through CARES Act Consortium of 11 Community Banks Deliver Lifeline to  Thousands of Small Businesses through CARES Act

News for Heartland Financial USA Stock (HTLF)