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Heartland Financial Usa Inc   (HTLF)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $42.8000 $-0.96 -2.194%
Day's High: $44.4599 Week Perf: -5.33 %
Day's Low: $ 42.64 30 Day Perf: 19.82 %
Volume (M): 550 52 Wk High: $ 45.99
Volume (M$): $ 23,523 52 Wk Avg: $33.36
Open: $44.13 52 Wk Low: $26.44



 Market Capitalization (Millions $) 1,834
 Shares Outstanding (Millions) 43
 Employees 1,799
 Revenues (TTM) (Millions $) 560
 Net Income (TTM) (Millions $) 79
 Cash Flow (TTM) (Millions $) 82
 Capital Exp. (TTM) (Millions $) 7

Heartland Financial Usa Inc
Heartland conducts a community banking business through independently chartered community banks operating in the states of Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California. All Bank Subsidiaries are members of the Federal Deposit Insurance Corporation (the "FDIC"). Listed below are our current ten Bank Subsidiaries, which operate a total of 108 banking locations serving approximately 210,000 business and consumer households:


Dubuque Bank and Trust Company, Dubuque, Iowa, is chartered under the laws of the state of Iowa.

Illinois Bank & Trust, Rockford, Illinois (formerly known as Riverside Community Bank and includes the operations of the former Galena State Bank & Trust Co., which was merged into Illinois Bank & Trust on January 23, 2015), is chartered under the laws of the state of Illinois.

Wisconsin Bank & Trust, Madison, Wisconsin, is chartered under the laws of the state of Wisconsin.

New Mexico Bank & Trust, Albuquerque, New Mexico, is chartered under the laws of the state of New Mexico.

Rocky Mountain Bank, Billings, Montana, is chartered under the laws of the state of Montana.

Arizona Bank & Trust, Phoenix, Arizona, is chartered under the laws of the state of Arizona.

Centennial Bank and Trust (formerly known as Summit Bank & Trust), Denver, Colorado, is chartered under the laws of the state of Colorado.

Minnesota Bank & Trust, Edina, Minnesota, is chartered under the laws of the state of Minnesota.

Morrill & Janes Bank and Trust Company, Merriam, Kansas, is chartered under the laws of the state of Kansas.

Premier Valley Bank, Fresno, California, is chartered under the laws of the state of California.

Dubuque Bank and Trust Company also has two wholly-owned non-bank subsidiaries:


DB&T Insurance, Inc., a multi-line insurance agency.

DB&T Community Development Corp., a community development company with the primary purpose of partnering in low-income housing and historic rehabilitation projects.

Heartland has three active non-bank subsidiaries as listed below:


Citizens Finance Parent Co., a consumer finance company with two wholly-owned subsidiaries:

Citizens Finance Co., a consumer finance company with offices in Iowa and Wisconsin.

Citizens Finance of Illinois Co., a consumer finance company with offices in Illinois.

Heartland Community Development Inc., a property management company with the primary purpose of holding and managing certain nonperforming assets acquired from the Bank Subsidiaries.

Heartland Financial USA, Inc. Insurance Services, a multi-line insurance agency with the primary purpose of providing online insurance products to consumers and small business clients in Bank Subsidiary markets.

Heartland had trust preferred securities issued through special purpose trust subsidiaries formed for the purpose of offering cumulative capital securities, including Heartland Financial Statutory Trust IV, Heartland Financial Statutory Trust V, Heartland Financial Statutory Trust VI, Heartland Financial Statutory Trust VII, Morrill Statutory Trust I, Morrill Statutory Trust II, Sheboygan Statutory Trust I and CBNM Capital Trust I.

The principal business of our Bank Subsidiaries consists of making loans to and accepting deposits from businesses and individuals. Our Bank Subsidiaries provide full service commercial and retail banking in their communities. Both our loans and our deposits are generated primarily through strong banking and community relationships, and through management that is actively involved in the community. Our lending and investment activities are funded primarily by core deposits. This stable source of funding is achieved by developing strong banking relationships with customers through value-added product offerings, competitive market pricing, convenience and high-touch personal service. Deposit products, which are insured by the FDIC to the full extent permitted by law, include checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, health savings accounts and other time deposits. Loan products include commercial and industrial, commercial real estate, small business, agricultural, real estate mortgage, consumer, and credit cards for commercial, business and personal use.

We supplement the local services of our Bank Subsidiaries with a full complement of ancillary services, including wealth management, investment and insurance services. We provide convenient electronic banking services and client access to account information through business and personal online banking, mobile banking, bill payment, remote deposit capture, treasury management services, debit cards and automated teller machines.

We believe the personal and professional service we offer to our customers provides an appealing alternative to the service provided by the "megabanks" resulting from mergers and acquisitions in the financial services industry. While we employ a community banking philosophy, we believe our size, combined with our full line of financial products and services, is sufficient to effectively compete in our respective market areas. To remain price competitive, we also believe that we must manage expenses and gain economies of scale by centralizing back office support functions. Although each of our Bank Subsidiaries operates under the direction of its own board of directors, we have standard operating policies regarding asset/liability management, liquidity management, investment management, and lending and deposit structure management.

Another component of our operating strategy is to encourage all directors, officers and employees to maintain a strong ownership interest in Heartland. We have established ownership guidelines for our directors and executive management and have made an employee stock purchase plan available to employees since 1996.

The Bank Subsidiaries provide a wide range of commercial and consumer banking services to businesses, including public sector and non-profit entities, and to individuals. These activities include credit and deposit products along with treasury management, investment management, trust, retirement plans, and brokerage and investment services.

Our bankers actively solicit the business of new companies entering their market areas as well as established companies in their respective business communities. We believe that the Bank Subsidiaries are successful in attracting new customers in their markets through professional service, competitive pricing, innovative credit facilities, convenient locations and proactive communications



   Company Address: 1800 Larimer Street, Suite 1800 Denver 80202 CO
   Company Phone Number: 285-9200   Stock Exchange / Ticker: NASDAQ HTLF
   


Customers Net Income grew by HTLF's Customers Net Profit Margin grew to

76.24 %

15.09 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK   -2.05%    
BPOP   -2.96%    
CFG   -5.22%    
COLB   -6.66%    
FITB   -3.54%    
NTRS   -2.59%    
• View Complete Report
   



Heartland Financial Usa Inc

Heartland Financial USA Inc Sees Limited Growth in Q1 2024 Revenue

Analysis of Heartland Financial USA Inc.'s Financial Results and Acquisition by UMB Financial Corporation
Heartland Financial USA Inc., a regional bank, recently released its financial results for the first quarter of 2024. The report revealed a revenue growth of 0.98%, which unfortunately could not prevent a decline in income of -2.52% compared to the same quarter the previous year. Despite this setback, the company saw positive developments in other areas.
In terms of revenue, Heartland Financial USA Inc. generated $180.89 million during the quarter, while earnings per share (EPS) stood at $1.16. These numbers indicate a positive trend in comparison to the previous quarter, where the net profit per share was -$1.68 and revenue doubled by 454.917% to $32.60 million.
The net earnings for the January to March 2024 period amounted to $51.707 million, down by -2.03% from $52.776 million in the corresponding period the year before. Although the decline in net earnings is not significant, it highlights the need for the company to focus on improving sales and profitability.

Merger and Acquisition

UMB Announces Agreement to Acquire Heartland Financial, Propelling Growth and Expansion in Financial Services Sector

Published Mon, Apr 29 2024 11:30 AM UTC

UMB Financial Corporation, a diversified financial services company headquartered in Kansas City, Missouri, recently made headlines with the announcement of its largest acquisition in history. The company has reached an agreement to acquire Heartland Financial USA Inc., a regional bank with a market capitalization of $1764 million, in a move that will increase UMB's total as...

Merger and Acquisition

Glacier Bank Gains Regulatory Nod to Acquire HTLF Bank's Montana Branches, Expanding Local Banking Footprint

Published Thu, Apr 18 2024 8:37 PM UTC

Glacier Bank to Expand with Acquisition of Montana Branches from HTLF Bank, Pending Regulatory Approval
KALISPELL, Mont., April 18, 2024 - Glacier Bancorp, Inc. (NYSE: GBCI) has announced today that its banking subsidiary, Glacier Bank, has successfully received all required regulatory approvals to proceed with the acquisition of six Montana branch locations from HTLF Ba...

Heartland Financial Usa Inc

Heartland Financial USA Inc Reveals Drastic Decline in Revenue for Recent Fiscal Period

Heartland Financial USA Inc is a regional bank holding company based in the United States. It provides banking, mortgage, wealth management, insurance, and other financial services to individuals and businesses.
In the October to December 31, 2023 period, Heartland Financial USA Inc experienced a significant decline in its financial performance compared to the previous year. The company reported a shortfall of $-1.68 per share, in contrast to a positive EPS of $1.36 per share a year prior. Furthermore, EPS fell from $1.08 to $-1.68 per share from the prior reporting season.

Heartland Financial Usa Inc

Heartland Financial USA Inc Faces Revenue Slide of -3.866% Amid Third Quarter Earnings Season of 2023

The stock market can be a rollercoaster of emotions for investors, with ups and downs often leaving individuals feeling uncertain. However, it is crucial to remember that market fluctuations are a part of the game and present opportunities for growth and improvement. Today, we will focus our attention on Heartland Financial USA Inc (HTLF), which recently released its earnings report for the third quarter of 2023. While the report indicates a decline in income and revenue, it is important to consider the broader context to make informed investment decisions.
During the third quarter of 2023, HTLF reported a 15.63% decrease in income, with earnings falling to $1.08 per share. Revenue also experienced a decline, dropping by 3.866% to $172.62 million compared to the previous year. These figures may cause concern for some investors, especially considering that the rest of the Regional Banks industry had seen revenue gains during this period. However, it is vital to delve deeper into the data to gain a more comprehensive understanding.






 

Heartland Financial Usa Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Heartland Financial Usa Inc does not provide revenue guidance.

Earnings Outlook
Heartland Financial Usa Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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