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Heartland Financial (HTLF) Tops Q3 EPS by 6c

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Heartland Financial USA, Inc. Reports 2016 Third Quarter Results

October 31, 2016 4:00 PM EDT

Highlights

Quarterly net income available to common stockholders of $20.2 million, a 40% increase from third quarter of prior yearDiluted earnings per common share of $0.81, a 17% increase from third quarter of prior yearNet interest margin of 3.97%, fully taxable equivalent (non-GAAP)(1) of 4.14%Return on average common equity of 11.64%Return on average tangible common equity (non-GAAP)(2) of 14.93%Total demand deposits increase $88.8 million or 4% since June 30, 2016... More