Heartland Finl Usa Inc - HTLF STOCK NEWS

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.