Welcome to our dedicated page for Heartland Finl Usa news (Ticker: HTLF), a resource for investors and traders seeking the latest updates and insights on Heartland Finl Usa stock.
Heartland Financial USA, Inc. (NASDAQ: HTLF), operating under the brand name HTLF, generates news that reflects its role as a regional bank holding company focused on commercial banking, treasury management, wealth management and investments. Company announcements highlight its emphasis on serving privately owned businesses, their owners, executives and employees across the West, Southwest and Midwest regions of the United States.
News about HTLF frequently covers quarterly and annual financial results, including net income, earnings per share, net interest income, net interest margin, loan yields, cost of deposits and asset quality metrics. These earnings releases also describe trends in loan portfolios, deposit composition, noninterest income categories such as service charges, trust fees and capital market fees, and noninterest expenses including salaries, professional fees and regulatory assessments.
Investors following HTLF news will also see updates on strategic initiatives and balance sheet actions. The company has reported on its HTLF 3.0 strategic plan, which includes banker expansion in selected markets, expansion of treasury management capabilities, development of digital platforms for consumer and small business customers and optimization of its branch footprint. News items have detailed securities sales used to reduce high-cost wholesale deposits and borrowings, as well as the sale of Rocky Mountain Bank branches in Montana, including associated loans, deposits and fixed assets and the resulting gain on sale.
Another key news theme is corporate transactions and dividends. HTLF has regularly announced common stock and Series E preferred stock dividends and has emphasized maintaining or increasing its common dividend for more than 40 years. A major development in recent coverage is the acquisition of HTLF by UMB Financial Corporation, including regulatory approvals, transaction terms, expected closing and the eventual completion of the acquisition, after which HTLF operates as a division of UMB. For users tracking HTLF, this news feed provides a record of the company’s financial performance, strategic steps and corporate transformation over time.
Heartland Financial USA, Inc. (NASDAQ: HTLF) announced a quarterly cash dividend of $0.27 per share on April 21, 2022. This dividend will be payable on May 27, 2022, to stockholders of record as of May 13, 2022. As of March 31, 2022, Heartland had 42,369,908 common shares outstanding. The company operates in multiple states, offering a diverse range of financial services with total assets of $19 billion.
Heartland Financial USA, Inc. (NASDAQ: HTLFP) declared a dividend of $175 per share on its Series E Preferred Stock, translating to $0.4375 per depositary share. Stockholders of record on June 30, 2022, will receive this dividend on July 15, 2022. With total assets of $19 billion, HTLF operates in multiple states, providing diversified financial services including wealth management and treasury management.
HTLF (NASDAQ: HTLF) will host a conference call to discuss its First Quarter 2022 earnings on April 25, 2022, at 5:00 p.m. ET. President and CEO Bruce K. Lee, along with CFO Bryan R. McKeag, will present the financial results followed by a Q&A session. These results will be available on the company’s website after market close on the same day. HTLF operates with $19 billion in assets and provides various financial services across multiple states.
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Heartland Financial USA (HTLF) reported record annual net income of $211.9 million, or $5.00 per diluted share, for the year ended December 31, 2021, a 59% increase from the previous year. Quarterly net income was $47.6 million, a 26% rise year-over-year. Annual loan growth reached $689.4 million (8%), with quarterly growth of $309.0 million (13% annualized). Nonperforming assets decreased to 0.37%, while net loan charge-offs were 0.04% of average loans. The company is also consolidating its eleven bank charters to enhance operational efficiency, pending regulatory approval.
Heartland Financial USA, Inc. (NASDAQ: HTLF) announced a quarterly cash dividend of $0.27 per share, payable on February 25, 2022, to stockholders of record by February 11, 2022. With 42,275,264 common shares outstanding as of December 31, 2021, this dividend reflects the company's commitment to returning income to shareholders. HTLF operates with total assets of $19 billion across multiple states, focusing on commercial services and retail banking.
Heartland Financial USA, Inc. (NASDAQ: HTLFP) declared a dividend of $175 per share on its Series E Preferred Stock, amounting to $0.4375 per depositary share. Record date is March 31, 2022, with payment scheduled for April 15, 2022. The company operates with assets totaling $19 billion and provides a range of financial services across multiple states.
Heartland Financial USA, Inc. (NASDAQ: HTLF) will host a conference call on January 31, 2022, at 5:00 p.m. ET to discuss its Fourth Quarter 2021 earnings. Key executives, including Executive Operating Chairman Lynn B. Fuller and President and CEO Bruce K. Lee, will lead the call. Financial results will be available on HTLF's website after market close on the same day. Interested parties must register in advance for participation, with access information provided upon registration. HTLF operates across multiple states with assets totaling $19.00 billion.
HTLF (NASDAQ: HTLF) has launched its new Food & Agribusiness division aimed at providing a comprehensive suite of banking services tailored to businesses across the food supply chain. Led by Hakan Erdinc, EVP, the division focuses on understanding the cyclical nature of the industry. HTLF aims to support a range of clients from family farms to large distribution operations, leveraging local knowledge and technology. With assets of $19 billion, HTLF is committed to serving multiple states, enhancing its capacity to meet the financial needs of the food and agribusiness sector.
Heartland Financial USA (HTLF) reported a quarterly net income of $53.9 million for Q3 2021, up 18% from $45.5 million in Q3 2020. Year-to-date income reached $164.3 million, reflecting a 72% increase. Loan growth stood at $262.8 million (11% annualized), with nonperforming assets decreasing to 0.46% of total assets. The company received $419.9 million in PPP loan forgiveness and raised its dividend by 8% to $0.27 per share. However, net interest margin fell to 3.30%, down from 3.51% in the prior year.
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