Heartland BancCorp

Heartland BancCorp

HLAN
Heartland BancCorpUS flagOther OTC
160.00
USD
-2.00
- -
323.61MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
15.71
17.6
15.83
16.73
18.85
19.92
22.37
24.59
23.91
30.23
32.43
34.06
36.49
35.96
Basic EPS, GAAP
3.3
4.35
3.38
3.92
5.21
5.08
5.56
6.81
6.54
7.39
9.3
9
9.69
9.86
Free Cash Flow per Basic Share
4.51
4.87
- -
- -
- -
- -
- -
- -
6.33
5.35
8.32
10.09
8.49
- -
Dividend per Share
1.29
1.61
- -
- -
- -
- -
- -
- -
2.03
2.24
2.45
2.7
2.97
- -
Book Value per Share
30.86
33.9
36.06
38.5
42.22
45.88
49.36
69.76
62.92
70.75
78
84.26
90.79
96.14
Tangible Book Value per Share
32.75
35.9
34.88
38.86
42.46
45.14
48.96
67.64
62.47
62.31
68.4
63.55
72.62
79.06
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
2
2
2
2
2
Sales/Revenue/Turnover
24
27
24
26
29
31
36
41
48
60
65
68
73
73
Operating Margin (%)
- -
- -
28.18
32.24
37.7
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
- -
- -
- -
- -
- -
- -
2
2
2
2
2
- -
Net Income, GAAP
5
7
5
6
8
8
9
11
13
15
19
18
20
20
Effective Tax Rate (%)
26.71
18.54
24.27
27.32
26.67
28.26
31.49
18.14
18.1
18.08
19.71
18.69
18.08
18.58
Profit Margin (%)
20.98
24.7
21.35
23.43
27.65
25.51
24.86
27.69
27.36
24.43
28.69
26.43
26.56
27.41
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
3
3
- -
- -
5
15
15
10
20
69
37
41
55
34
Total Equity
51
56
54
61
67
71
79
115
128
141
153
144
163
176
Return on Invested Capital (%)
- -
- -
5.99
6.97
8.54
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
15.33
13.44
9.67
10.54
12.94
11.58
11.76
11.67
10.82
11
12.51
11.12
11.09
20.5

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
- -
- -
- -
LT Borrowings
62
83
34
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
169
176
288

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
257
279
298
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.22%
7.39%
12.94%
Free Cash Flow
- -
- -
-15.55%
Net Income, GAAP
14.68%
11.72%
8%
Sales/Revenue/Turnover
11.8%
12.5%
7.46%
Total Cash Common Dividend
- -
- -
10.38%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
16
16
18
18
68
2023
18
18
18
19
73
2024
18
18
18
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
2.01
1.96
2.53
- -
9
2023
2.21
2.41
2.45
- -
9.69
2024
2.52
2.52
2.19
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
2.7
2023
- -
- -
- -
- -
2.97
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Gregory Scott McComb
Full Time Employees
298
Sector
Financial Services
Industry
Banks - Regional
Address
430 North Hamilton Road Whitehall OH United States of America 43213
IPO Date
Mar 16, 1999
Business
Heartland BancCorp Heartland BancCorp (OTCQX: HLAN) serves as the bank holding company for Heartland Bank, a state-chartered community bank that provides a broad range of commercial, small business, and consumer banking services; alternative investment services; insurance products; and professional financial planning to individual and corporate customers primarily in central Ohio and northern Kentucky. Heartland Bank offers personal and business checking and savings accounts; diverse lending solutions including agricultural loans, commercial and business loans, residential mortgages, home equity lines of credit, personal loans, and title services; online and mobile banking platforms; treasury management; credit and debit cards with mobile wallet capabilities; wealth management; retirement planning; and education savings planning. The bank operates 20 full-service branches across central and southwest Ohio, including the Columbus and Cincinnati markets, and maintains a subsidiary, TransCounty Agency, for insurance services; founded in 1911, it is headquartered in Whitehall, Ohio. In July 2024, Heartland BancCorp entered into a definitive merger agreement with German American Bancorp, Inc. German American Bancorp, Inc., under which Heartland shareholders received 3.90 shares of German American common stock for each Heartland share in an all-stock, tax-free exchange valued at approximately $330.2 million, or $155.37 per share based on prevailing trading prices. The transaction, unanimously approved by both companies' boards and regulators including the Federal Deposit Insurance Corporation and Indiana Department of Financial Institutions, closed effective February 1, 2025, with all regulatory approvals secured by late January 2025; Heartland Bank merged into German American Bank, which continues operations under a co-branded name in Ohio markets, expanding the combined entity to over $8.1 billion in assets, nearly 95 branches across Indiana, Kentucky, and Ohio, and enhanced service offerings for deepened customer relationships. Prior to the merger, Heartland reported strong financial performance, including Q4 2024 net income of $5.7 million, total assets of $1.97 billion, net loans of $1.54 billion, and deposits of $1.75 billion, with disciplined loan growth and robust credit quality featuring nonperforming assets at 0.43% of total assets.

Company News

APIChatGPT
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  • Heartland BancCorp Earns $5.7 Million, or $2.63 Per Diluted Share, in the Fourth Quarter of 2024, and a Record $20.3 Million, or $9.75 Per Diluted Share, for the Year

  • Heartland BancCorp Earns $4.4 Million, or $2.12 Per Diluted Share, in the Third Quarter of 2024; Declares Quarterly Cash Dividend of $0.759 Per Share

  • Can Heartland BancCorp. (HLAN) Keep the Earnings Surprise Streak Alive?

  • Heartland BancCorp. (HLAN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

  • GERMAN AMERICAN BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of German American Bancorp, Inc. - GABC

  • Heartland BancCorp. (HLAN) Q2 Earnings and Revenues Surpass Estimates

  • German American Bancorp, Inc. and Heartland BancCorp Announce Definitive Merger Agreement

  • Heartland BancCorp Earns $5.1 Million, or $2.50 Per Diluted Share, in the Second Quarter of 2024; Declares Quarterly Cash Dividend of $0.759 Per Share

  • Heartland BancCorp Elects Diana L. Turoff, CPA to Board

  • Heartland BancCorp. (HLAN) Q1 Earnings Top Estimates

  • Heartland BancCorp Earns $5.1 Million, or $2.51 per Diluted Share, in the First Quarter of 2024; Declares Quarterly Cash Dividend of $0.759 per Share

  • Why Heartland BancCorp. (HLAN) is a Great Dividend Stock Right Now

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  • Heartland BancCorp Earns $5.3 Million, or $2.61 Per Diluted Share, in the Fourth Quarter of 2023; and a Record $19.5 Million, or $9.62 Per Diluted Share, for the Year; Declares Quarterly Cash Dividend of $0.759 Per Share