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

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Earnings data Q3 2023

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Earnings data Q1 2024

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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.

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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.

Heartland Financial is a regional bank with preferred shares offering 7% yield and a chance to reset at over 10.5% in July. The bank is conservatively managed with a loan to deposit ratio and low external borrowing, making earnings more stable. The bank is in the process of merging, but this should not be an issue for preferred shareholders.

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

The management aims to improve the bank's capitalization and TBV per share in view of the union with UMBF. The dividend will continue to be issued for the 28th year in a row, but it will not grow. Both loans and deposits are struggling to grow while the performance of the securities portfolio improves.

Heartland Financial: Everything Is Based On The Merger With UMBF

DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Common Stock Dividend Heartland Financial USA, Inc. (NASDAQ: HTLF), operating under the brand name HTLF, announced its Board of Directors approved a quarterly cash dividend on common stock of $0.30 per share. The dividend is payable on November 26, 2024, to stockholders of record at the close of business on November 12, 2024.

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

Does Heartland Financial (HTLF) have what it takes to be a top stock pick for momentum investors? Let's find out.

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

Heartland Financial (HTLF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Heartland Financial (HTLF) a New Buy Stock

Although the revenue and EPS for Heartland Financial (HTLF) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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

Heartland Financial (HTLF) came out with quarterly earnings of $1.15 per share, missing the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.14 per share a year ago.

Heartland Financial (HTLF) Lags Q2 Earnings and Revenue Estimates

Atrion

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

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

UMB Financial

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Heartland Financial, USA Inc. (NasdaqGS: HTLF) to UMB Financial Corporation (NasdaqGS: UMBF). Under the terms of the proposed transaction, shareholders of Heartland will receive 0.55 shares of UMB for each share of Heartland that they own. KSF is seeking to determine whether this consideration and the process.

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

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As of July 15, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 5 Financials Stocks That May Collapse This Month

NEW YORK , July 3, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Heartland Financial, USA Inc. (NASDAQ: HTLF), relating to its proposed merger with UMB Financial Corporation.

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

NEW YORK, June 14, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Heartland Financial, USA Inc. (NASDAQ: HTLF ) , relating to its proposed merger with UMB Financial Corporation. Under the terms of the agreement, it is expected that Heartland Financial shareholders will own approximately 31% of the combined company.

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

NEW YORK , April 29, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Heartland Financial, USA Inc. (NASDAQ: HTLF) and its board of directors concerning the proposed acquisition of the company by UMB Financial Corporation (NASDAQ: UMBF). Stockholders will receive 0.55 shares of UMB Financial common stock for each share of Heartland Financial stock that they hold.

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

NEW YORK , April 29, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Heartland Financial, USA Inc. (NASDAQ: HTLF), relating to its proposed merger with UMB Financial Corporation.

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

MILWAUKEE , April 29, 2024 /PRNewswire/ -- Ademi LLP is investigating Heartland Financial (NASDAQ: HTLF) for possible breaches of fiduciary duty and other violations of law in its transaction with UMB Financial. Click here to learn how to join the https://www.ademilaw.com/case/heartland-financial-usa-inc or call Guri Ademi toll-free at 866-264-3995.

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

The headline numbers for Heartland Financial (HTLF) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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

Heartland Financial (HTLF) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.22 per share a year ago.

Heartland Financial (HTLF) Tops Q1 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Heartland Financial, USA Inc. (NASDAQ: HTLF) to UMB Financial Corporation for 0.55 shares of UMB common stock for each share of Heartland common stock is fair to Heartland shareholders. Upon completion of the proposed transaction, former Heartland stockholders are expected to collectively represent approximately 31% of the combined company. Halper Sadeh encourages Heartland shareholder.

HTLF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Heartland Financial, USA Inc. Is Fair to Shareholders

Heartland Financial USA Inc. HTLF, +0.68% said Monday it agreed to be acquired by UMB Financial Corp. UMBF, -0.59% in an all-stock deal valued at about $2 billion. Heartland Financial stockholders will receive 0.55 shares of UMB common stock for each share that they own.

Regional bank UMB Financial buying Heartland Financial in $2B all-stock deal

KANSAS CITY, Mo. & DENVER--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion. Founded in 1981, HTLF is headquartered in Denver and has $19.4 billion in assets, $16.2 billion in total deposits and $12.1 billio.

UMB Announces Agreement to Acquire Heartland Financial

First Quarter Highlights • Quarterly net income available to common stockholders of $49.7 million or $1.16 per common share • Adjusted earnings available to common stockholders of $52.4 million or $1.22 adjusted diluted earnings per common share, which excludes $1.4 million of acquisition, integration and restructuring costs and $2.0 million of FDIC special assessment expense • Common equity ratio increased to 9.76%; Tangible common equity ratio (non-GAAP) improved 35 basis points to 6.88% • Net interest margin, full tax-equivalent (non-GAAP) increased to 3.57% for the quarter ended March 31, 2024 from 3.52% for the quarter ended December 31, 2024 • Annualized loan yield increased to 6.63% for the quarter ended March 31, 2024 from 6.49% for the quarter ended December 31, 2024 • Annualized cost of deposits stable at 2.11% • Customer deposit growth of $9.2 million, excluding the impact of Rocky Mountain Bank deposits, while wholesale and institutional deposits decreased $312.4 million • Nonperforming assets decreased $12.5 million or 11% to 0.51% of total assets   For the Quarter Ended   3/31/2024   12/31/2023   3/31/2023 Earnings Summary:           Net income/(loss) available to common stockholders (in millions) $ 49.7     $ (72.4 )   $ 50.8   Diluted earnings/(loss) per common share   1.16       (1.69 )     1.19   Return on average assets   1.08 %   (1.42 )%     1.06 % Return on average common equity   10.90       (16.61 )     12.43   Return on average tangible common equity (non-GAAP)(1)   16.49       (24.89 )     20.03   Net interest margin   3.52       3.47       3.36   Net interest margin, fully tax-equivalent (non-GAAP)(1)   3.57       3.52       3.40   Efficiency ratio   62.46       293.86       60.94   Adjusted efficiency ratio, fully-tax equivalent (non-GAAP)(1)   58.77       59.31       57.16               Adjusted Earnings Summary (1):           Adjusted earnings available to common stockholders (in millions) $ 52.4     $ 45.6     $ 53.7   Adjusted diluted earnings per common share   1.22       1.06       1.26   Adjusted annualized return on average assets   1.13 %     0.96 %     1.12 % Adjusted annualized return on average common equity   11.50       10.46       13.16   Adjusted annualized return on average tangible common equity   17.38       16.38       21.17   (1) Refer to "Non-GAAP Measures" in this earnings release for additional information on the usage and presentation of these non-GAAP measures, and refer to the financial tables for reconciliations to the most directly comparable GAAP measures. "HTLF delivered another solid quarter.

Heartland Financial USA, Inc. ("HTLF") Reports Quarterly Results as of March 31, 2024

DENVER, April 15, 2024 (GLOBE NEWSWIRE) -- HTLF (NASDAQ: HTLF) today announced the company will host a conference call detailing its first quarter 2024 financial results at 5 p.m. ET on Wednesday, May 1, 2024.

HTLF Schedules First Quarter Earnings Conference Call for May 1, 2024

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.

Are Investors Undervaluing Heartland Financial USA (HTLF) Right Now?

Heartland Financial USA, Inc. (HTLF) Q4 2023 Earnings Call Transcript

News for Heartland Financial USA Stock (HTLF)