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) will host a conference call on July 26, 2021, at 5:00 p.m. ET to discuss its Second Quarter 2021 earnings. The call will feature Executive Operating Chairman Lynn B. Fuller, President and CEO Bruce K. Lee, and CFO Bryan R. McKeag. Financial results will be available on the company’s website after market close on the same day. Interested parties must register in advance to obtain access details. Heartland operates with assets of approximately $18.2 billion and offers a diverse range of financial services across multiple states.
Heartland Financial USA, operating as HTLF, announced Kathryn Graves Unger as an independent director on its Board following the annual shareholder meeting on May 19, 2021. With over 20 years of business and government relations experience, her leadership is expected to enhance the Board's effectiveness. Currently a Vice President at Cargill, Unger has also held positions at Cummins and is a certified public accountant. HTLF, with $18.2 billion in assets, offers a range of financial services across multiple states, focusing on core commercial banking and retail operations.
HTLF reported a record net income of $50.8 million for Q1 2021, a 153% increase from $20.0 million in Q1 2020. Diluted earnings per share rose to $1.20, up 122% year-over-year. The company's net interest income also surged to $139.6 million, a 24% increase from the prior year. Key metrics include an annualized net charge-off ratio of 0.06% and nonperforming assets at 0.54%.
HTLF's efficiency ratio improved to 56.61% from 61.82% year-over-year, reflecting enhanced operational performance.
Heartland Financial USA, Inc. (NASDAQ: HTLFP) declared a $175.00 dividend per share on its Series E Preferred Stock, equating to $0.4375 per depositary share. This dividend is for stockholders of record on June 30, 2021, with a payment date of July 15, 2021. Operating with assets around $18 billion, HTLF serves communities across several states with a diversified range of financial services, including residential mortgage and wealth management.
Heartland Financial USA, Inc. (NASDAQ: HTLF) declared a quarterly cash dividend of $0.22 per share on April 22, 2021. This payment will be made on May 31, 2021, to shareholders on record as of May 17, 2021. The company, which has approximately $18 billion in assets and operates across various states, emphasizes its commitment to core commercial operations and a diverse range of financial services.
HTLF, formerly Heartland Financial USA, Inc., unveils its new brand identity to emphasize its commitment to strength, insight, and growth. The brand name aligns with its NASDAQ stock ticker, aiming to enhance recognition among stakeholders. President and CEO Bruce K. Lee highlights the brand's reflection of the company's rich history and ongoing expansion across multiple states. The rebranding was well-received during employee introductions in March and will be showcased in the upcoming annual meeting in May. HTLF boasts approximately $18 billion in assets.
Heartland Financial USA, Inc. (NASDAQ: HTLF) has announced a conference call scheduled for April 26, 2021, at 5:00 p.m. ET to discuss its First Quarter 2021 earnings. The call will be hosted by key executives including Lynn B. Fuller and Bruce K. Lee. Financial results will be available on the company’s website after the market closes on the same day. Interested parties can join via phone or access the webcast through the provided link. Heartland Financial, with assets of approximately $17.9 billion, offers diversified financial services across multiple states.
Heartland Financial USA, Inc. (HTLF) reported a net income of $37.8 million for Q4 2020, equivalent to $0.98 per diluted share, and a total annual net income of $133.5 million or $3.57 per share, despite a decrease from $149.1 million in 2019. Key metrics include a net interest margin of 3.51% and a return on average assets of 0.92%. The company completed significant acquisitions, including AimBank, with assets of $1.97 billion. Additionally, a 10% increase in quarterly dividend to $0.22 per share was approved. However, overall credit quality shows signs of strain due to COVID-19 impacts.
Heartland Financial USA announced a dividend of $175.00 per share on its Series E Preferred Stock, translating to $0.4375 per depositary share. This payment is intended for stockholders of record as of March 31, 2021, with the payout scheduled for April 15, 2021. Following the acquisition of AimBank and four Arizona branches from Johnson Bank, Heartland's total assets have reached nearly $18 billion. The company operates over 140 banking locations across 10 states.
Heartland Financial USA, Inc. (NASDAQ: HTLF) announced a 10% increase in its quarterly cash dividend to $0.22 per share. The dividend is payable on February 26, 2021, to stockholders of record by the close of business on February 12, 2021. Following the acquisition of AimBank and four Arizona branches, Heartland's total assets approached $18 billion, with 42,093,862 common shares outstanding. Heartland operates over 140 banking locations across 10 states.
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