Heartland Financial USA (NASDAQ:HTLF – Get Free Report) issued its quarterly earnings results on Monday. The bank reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.08, Briefing.com reports. Heartland Financial USA had a net margin of 8.17% and a return on equity of 11.50%. The business had revenue of $279.39 million for the quarter, compared to the consensus estimate of $182.73 million. During the same quarter in the previous year, the firm earned $1.22 earnings per share.
Heartland Financial USA Trading Up 2.4 %
Shares of HTLF opened at $42.11 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.72 and a current ratio of 0.72. Heartland Financial USA has a fifty-two week low of $26.10 and a fifty-two week high of $43.17. The stock has a market capitalization of $1.80 billion, a PE ratio of 25.37 and a beta of 1.06. The company’s fifty day moving average is $34.30 and its 200 day moving average is $33.85.
Heartland Financial USA Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Monday, May 13th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.85%. The ex-dividend date is Friday, May 10th. Heartland Financial USA’s dividend payout ratio is presently 72.29%.
Analyst Upgrades and Downgrades
View Our Latest Analysis on Heartland Financial USA
Heartland Financial USA Company Profile
Heartland Financial USA, Inc, a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits.
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