Heartland Financial USA, Inc.

Heartland Financial USA, Inc.

HTLF
Heartland Financial USA, Inc.US flagNASDAQ Global Select
64.67
USD
-1.43
- -
2.77BMarket 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
11.84
14.96
13.61
15.3
15.06
15.57
14.35
15.12
15.51
14.42
16.3
17.13
13.6
14.09
Basic EPS, GAAP
1.24
2.76
1.94
2.22
2.64
3.06
2.51
3.39
4.06
3.17
5.01
4.81
1.68
1.8
Free Cash Flow per Basic Share
3.14
2.89
7.37
4.34
4.55
5.69
5.21
7.04
4.39
4.52
7.71
9.14
6.57
4.6
Dividend per Share
0.68
0.69
0.43
0.44
0.45
0.49
0.49
0.56
0.67
0.76
1.15
1.28
1.39
1.39
Book Value per Share
13.03
15.04
15.41
17.14
16.54
16.93
17.07
17.8
20.14
19.81
23.78
27.39
27.74
30.22
Tangible Book Value per Share
14.09
16.27
15.72
18.64
19.02
21.18
23.13
24.8
29.33
31.93
34.43
23.91
28.77
33.59
Basic Weighted Avg Shares
16
17
18
19
22
26
30
34
37
42
42
42
43
43
Sales/Revenue/Turnover
195
252
250
283
338
407
430
521
569
607
689
728
580
604
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
11
14
17
18
24
31
30
31
31
27
27
24
20
18
Net Income, GAAP
28
50
37
42
60
80
75
117
149
138
220
212
80
85
Effective Tax Rate (%)
26.89
25.86
21.9
23.81
25.82
31.27
36.8
19.43
19
20.72
20.1
20.76
17.42
19.58
Profit Margin (%)
14.37
19.78
14.69
14.8
17.77
19.75
17.51
22.44
26.19
22.73
31.92
29.16
13.77
14.11
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
174
196
165
226
118
143
133
144
130
122
225
223
223
223
Total Equity
353
405
439
496
663
741
991
1,325
1,578
2,079
2,182
1,735
1,933
2,140
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
9.81
19.83
13.31
13.68
17.21
19.69
15.78
20.79
22.05
16.97
23.04
18.83
6.12
6.02

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
- -
154
18
LT Borrowings
325
223
223
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
111
111
111
Shares Outstanding
43
43
43
Market Capitalization
1,475
1,881
2,419

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
446
375
589
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
154
18
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.25%
9.34%
11.42%
Free Cash Flow
13.94%
9.41%
-27.76%
Net Income, GAAP
15.37%
2.71%
-62.33%
Sales/Revenue/Turnover
9.45%
2.94%
-20.23%
Total Cash Common Dividend
22.77%
22.23%
10.61%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
169
180
185
193
728
2023
181
183
174
42
580
2024
182
177
203
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.97
1.17
1.29
1.38
4.81
2023
1.19
1.11
1.08
-1.7
1.68
2024
1.16
0.88
1.45
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.32
0.32
0.32
0.33
1.28
2023
0.35
0.35
0.35
0.35
1.39
2024
0.35
0.35
0.35
- -
- -

Company Description

APIChatGPT
CEO
Bruce K. Lee
Full Time Employees
1,725
Sector
Financial Services
Industry
Banks - Regional
Address
1398 Central Avenue Dubuque IA United States of America 52001
IPO Date
Jan 4, 1999
Website
htlf.com
Business
Heartland Financial USA, Inc. (HTLF) is a diversified bank holding company that provides commercial, retail, and consumer banking services; wealth management; trust services; brokerage; insurance; investment products including mutual funds, individual retirement accounts, and education savings plans; and specialized financing solutions such as retirement plan services and food and agribusiness lending to individuals and businesses across the United States. The company offers deposit products comprising checking, savings, money market, NOW, individual retirement, and time deposit accounts; as well as an array of loans including commercial and industrial, commercial real estate, agricultural, small business, real estate mortgage, motor vehicle, home improvement, home equity lines of credit, personal lines, and credit cards for commercial, business, and personal use. Additional services encompass online and mobile banking, bill payment, remote deposit capture, treasury management, debit cards, ATMs, wire transfers, merchant services, foreign exchange, positive pay fraud prevention, and fixed rate annuities. HTLF operates through approximately 115 banking locations under brands including Dubuque Bank and Trust, Illinois Bank & Trust, Minnesota Bank & Trust, Wisconsin Bank & Trust, Bank of Blue Valley, Citywide Banks, Premier Valley Bank, Arizona Bank & Trust, New Mexico Bank & Trust, and First Bank & Trust, primarily in the Midwest, West, and Southwest regions spanning states such as Iowa, Illinois, Minnesota, Wisconsin, Kansas, Colorado, California, Arizona, and New Mexico. Non-bank subsidiaries provide consumer finance, insurance agency services, community development, and property management. Founded in 1981 and headquartered in Denver, Colorado, the company maintains a community banking focus with about 1,700 employees. In its most significant recent development, Heartland Financial USA agreed in early 2024 to be acquired by UMB Financial Corporation in a $2.0 billion all-stock transaction, which received regulatory and shareholder approvals and closed on January 31, 2025, expanding UMB's footprint to 13 states and increasing its assets to approximately $68 billion while integrating HTLF's branches, deposits, and wealth management assets as a division pending full systems conversion in late 2025. Prior to completion, HTLF reported total assets of roughly $19-22 billion, reflecting its scale as a regional player led by President and CEO Bruce K. Lee.

Company News

APIChatGPT
  • UMB Financial Corporation Completes Acquisition of Heartland Financial USA, Inc.

  • UMB Financial Corporation Receives Regulatory Approval to Acquire Heartland Financial USA, Inc.

  • Heartland Financial USA, Inc. (“HTLF”) Announces Common Stock Dividend

  • Heartland Financial Offering Attractive 7% Yielding Preferred Shares With Higher Yield Opportunity

  • Heartland Financial: Everything Is Based On The Merger With UMBF

  • Heartland Financial USA, Inc. (“HTLF”) Announces Common Stock and Series E Preferred Stock Dividends

  • Heartland Financial (HTLF) Is Up 5.82% in One Week: What You Should Know

  • What Makes Heartland Financial (HTLF) a New Buy Stock

  • Compared to Estimates, Heartland Financial (HTLF) Q2 Earnings: A Look at Key Metrics

  • Heartland Financial (HTLF) Lags Q2 Earnings and Revenue Estimates

  • Heartland Financial USA, Inc. (“HTLF”) Announces Common Stock and Series E Preferred Stock Dividends

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ATRI, HTLF on Behalf of Shareholders

  • STOCKHOLDER INVESTIGATION: The M&A Class Action Investigates Merger and Impending Vote on August 6, 2024, of Heartland Financial, USA Inc. - HTLF

  • STOCKHOLDER INVESTIGATION: The M&A Class Action Investigates Merger of Heartland Financial, USA Inc. – HTLF

  • HEARTLAND FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heartland Financial, USA Inc. - HTLF

  • ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Heartland Financial, USA Inc.

  • STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Heartland Financial, USA Inc. - HTLF

  • Shareholder Alert: Ademi LLP investigates whether Heartland Financial, USA Inc. has obtained a Fair Price in its transaction with UMB Financial

  • Heartland Financial (HTLF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

  • Heartland Financial (HTLF) Tops Q1 Earnings Estimates