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Hills Bancorporation  (HBIA)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $67.8800 $0.88 1.313%
Day's High: $67.88 Week Perf: 2.46 %
Day's Low: $ 66.94 30 Day Perf: 3.8 %
Volume (M): 3 52 Wk High: $ 76.50
Volume (M$): $ 204 52 Wk Avg: $68.44
Open: $66.94 52 Wk Low: $64.33



 Market Capitalization (Millions $) 622
 Shares Outstanding (Millions) 9
 Employees 391
 Revenues (TTM) (Millions $) 132
 Net Income (TTM) (Millions $) 43
 Cash Flow (TTM) (Millions $) -133
 Capital Exp. (TTM) (Millions $) 3

Hills Bancorporation

Hills Bancorporation is a holding company principally engaged, through its subsidiary bank, in the business of banking. The Company was incorporated December 12, 1982 and all operations are conducted within the state of Iowa. The Company became owner of 100% of the outstanding stock of Hills Bank and Trust Company, Hills, Iowa (“Hills Bank and Trust” or the “Bank”) as of January 23, 1984 when stockholders of Hills Bank and Trust exchanged their shares for shares of the Company. Effective July 1, 1996, the Company formed a new subsidiary, Hills Bank, which acquired for cash all the outstanding shares of a bank in Lisbon, Iowa. Subsequently an office of Hills Bank was opened in Mount Vernon, Iowa, a community that is contiguous to Lisbon. Effective November 17, 2000, Hills Bank was merged into the Bank. On September 20, 1996, another subsidiary, Hills Bank Kalona, acquired cash and other assets and assumed the deposits of the Kalona, Iowa office of Boatmens Bank Iowa, N.A. Effective October 26, 2001, Hills Bank Kalona was merged into the Bank.

The Bank is a full-service commercial bank extending its services to individuals, businesses, governmental units and institutional customers. The Bank is actively engaged in all areas of commercial banking, including acceptance of demand, savings and time deposits; making commercial, real estate, agricultural and consumer loans; maintaining night and safe deposit facilities; and performing collection, exchange and other banking services tailored for individual customers. The Bank administers estates, personal trusts, and pension plans and provides farm management, investment advisory and custodial services for individuals, corporations and nonprofit organizations. In addition, the Bank earns substantial fees from originating mortgages that are sold on the secondary residential real estate market without mortgage servicing rights being retained.

Mortgage Loans. The Bank offers residential, commercial and agricultural real estate loans.

These loans include first and junior liens on 1 to 4 family residences. The Bank originates 1 to 4 family mortgage loans to individuals and businesses within its trade area. The Bank sells certain mortgage loans to third parties on the secondary market. For the loans sold on the secondary market, the Bank does not retain any percentage of ownership or servicing rights. Interest rates for residential real estate mortgages are determined by competitive pricing factors on the secondary market and within the Bank’s trade area. Collateral for residential real estate mortgages is generally the underlying property. Generally, repayment of these loans is from monthly principal and interest payments from the borrower’s personal cash flows and liquidity, and collateral values are a function of residential real estate values in the markets that the Bank serves.

Construction Loans. The Bank offers loans both to individuals that are constructing personal residences and to real estate developers and building contractors for the acquisition of land for development and the construction of homes and commercial properties. The Bank makes these loans to established borrowers in the Bank’s trade area. Construction loans generally have a term of one year or less, with interest payable at maturity. Interest rate arrangements are variable for construction projects. Generally, collateral for construction loans is the underlying construction project.



   Company Address: 131 MAIN STREET HILLS 52235 IA
   Company Phone Number: 679-2291   Stock Exchange / Ticker: HBIA
   


Customers Net Income fell by HBIA's Customers Net Profit Margin fell to

-20.38 %

7.89 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK        5.85% 
BPOP        4.87% 
CFG        6.6% 
FCNCA        5.89% 
FITB        7.22% 
MTB        6.03% 
• View Complete Report
   



Hills Bancorporation

Hills Bancorporation Faces Steep Decline in Profit and Revenue During Q3 2023

Article: Hills Bancorporation's Financial Results Show Decline in Profit and Revenue
Hills Bancorporation, a regional bank, has reported its financial results for the third quarter of 2023, revealing a significant decline in both profit and revenue. These results indicate challenges faced by the company during the mentioned period.
The net profit per share for Hills Bancorporation in the third quarter of 2023 plummeted by -46.62% to $0.79 per share, compared to $1.48 per share in the same quarter the previous year. Additionally, there was a decrease of -37.3% in income, falling to $1.26 per share from the preceding quarter.

Hills Bancorporation

Hills Bancorporation Announces 1.02% Revenue Increase and 3.28% Earning Growth in Q2 2023 Financial Performance



Hills Bancorporation, a prominent financial institution, recently released its financial report for the April to June 30, 2023 fiscal period. Despite an increase in revenue and earnings year on year, the company's performance showed signs of weakness. In this article, we will explore the concerning aspects of Hills Bancorporation's financials, its profit margins, accounts receivable, and its declining stock performance. These factors suggest that the company may face significant challenges in the near future.
Declining Revenue and Earnings:
During the April to June 30, 2023 fiscal span, Hills Bancorporation reported a moderate revenue rise of only 1.02% to $33.48 million. This growth rate is underwhelming and indicates the possible saturation of the market or increased competition. Furthermore, the company's earnings grew slightly by 3.28% to $1.26 per share year on year, which is not a substantial improvement.

Hills Bancorporation

Hills Bancorporation Soars as Revenue Jumps 11.6% in Q1 2023

Hills Bancorporation Reports Revenue Increase of 11.6% in Q1 2023
Hills Bancorporation, a leading financial institution, has reported an impressive revenue increase of 11.6% in the first quarter of 2023, with a cumulative value of $140 million. This is a significant achievement that has pushed the company's trailing twelve months revenue per employee to $358,320.
Despite a ranking deterioration in comparison to Q4 2022,
from 882 to 1258, Hills Bancorporation's employees have demonstrated an outstanding level of productivity, with a score of 4.2614188345793E-7% above the company average. However, 345 peer companies in the financial sector have managed to achieve higher revenue per employee than Hills Bancorporation.






 

Hills Bancorporation's Segments
 
 
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