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Heartland Financial USA, Inc. - HTLF STOCK NEWS

Welcome to our dedicated news page for Heartland Financial USA (Ticker: HTLF), a resource for investors and traders seeking the latest updates and insights on Heartland Financial USA.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Heartland Financial USA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Heartland Financial USA's position in the market.

Rhea-AI Summary
HTLF schedules first quarter earnings conference call for May 1, 2024, with President and CEO Bruce K. Lee and CFO Kevin L. Thompson conducting the call. Financial results will be available on the company's website after market close on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
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Rhea-AI Summary
Heartland Financial USA, Inc. (HTLF) reported a net loss of ($72.4) million in Q4 2023, with adjusted earnings of $45.6 million. Loan growth and average customer deposits increased by 2%. The company's new strategic plan, HTLF 3.0, includes investment in growth, expansion of Treasury Management products, and creation of digital platforms. The charter consolidation initiative resulted in an expense of $1.3 million. Net interest margin improved by 34 basis points to 3.52%. Noninterest income decreased by $111.8 million, while noninterest expense increased by $13.1 million. Total assets decreased by 4%, and total deposits decreased by 5%. Customer demand deposits decreased by 6%, while customer savings deposits increased by 3%. Wholesale and institutional deposits decreased by 42%. Provision for credit losses for loans was $12.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
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-
Rhea-AI Summary
HTLF, operating under the brand name Heartland Financial USA, Inc., has announced a quarterly cash dividend on common stock of $0.30 per share, payable on February 27, 2024. The Board of Directors also approved a dividend of $175 for Series E Preferred Stock, resulting in a dividend of $0.4375 per depositary share, payable on April 15, 2024. HTLF has consistently increased or maintained its common stock dividend every quarter for over 40 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
dividends
Rhea-AI Summary
HTLF (NASDAQ: HTLF) will host a conference call on January 29, 2024, to discuss its fourth quarter 2023 financial results. President and CEO Bruce K. Lee and CFO Kevin L. Thompson will conduct the call, which will include a question-and-answer session for analysts. Financial results will be available on the company’s website after market close on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
-
Rhea-AI Summary
Heartland Financial USA, Inc. (NASDAQ: HTLF) reported quarterly net income of $46.1 million, a decrease of 16% compared to the same period last year. Diluted earnings per common share were $1.08, down 16%. Loan growth was $154.5 million or 1%, and total customer deposit growth was $152.3 million or 1%. Nonperforming assets and 30-89 day loan delinquencies remained unchanged at 0.33% and 0.12%, respectively. Nonperforming loans decreased to 0.44% from 0.54% in the previous quarter. The company completed the consolidation of two bank charters and expects total consolidation restructuring costs to be $18-$19 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.19%
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none
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Rhea-AI Summary
HTLF announces quarterly cash dividend on common stock and dividend for Series E Preferred Stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
dividends
Rhea-AI Summary
HTLF to host conference call for Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.2%
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-
Rhea-AI Summary
Heartland Financial USA, Inc. (NASDAQ: HTLF) reported quarterly net income of $47.4 million and diluted earnings per share of $1.11. Total revenue grew by 1% to $179.6 million. The company experienced loan growth and opened new deposit accounts. They also completed the consolidation of two bank charters. For the six months ended June 30, 2023, net income increased by 8% to $98.2 million. Earnings per diluted share increased by 7% to $2.30. Total revenue increased by 5% to $361.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
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none
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Rhea-AI Summary
HTLF announces quarterly cash dividend on common stock and preferred stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
dividends
Rhea-AI Summary
HTLF to host conference call for Q2 2023 financial results on July 31, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.16%
Tags
Heartland Financial USA, Inc.

Nasdaq:HTLF

HTLF Rankings

HTLF Stock Data

1.45B
37.39M
8.47%
75.63%
1.45%
Commercial Banking
Finance and Insurance
Link
US
Dubuque

About HTLF

founded in 1981, heartland financial usa, inc. is a $6.8 billion diversified financial services company offering uniquely different banking solutions for business and personal clients. heartland currently has 89 banking locations in 68 communities in iowa, illinois, wisconsin, new mexico, arizona, montana, colorado, minnesota, kansas, missouri and texas, with loan production offices in california, nevada and idaho. other business lines include: - trust, investment management and retirement plan services – offered through the wealth management group. - brokerage and investment services – provided through lpl financial institution services - consumer finance services – provided by citizens finance co. - home mortgage loans - provided by heartland mortgage the heartland vision is to differentiate itself by highlighting its uniqueness as a commercial banking organization supported by a strong retail delivery system. as one of the top 100 bank holding companies nationwide, heartland