Heartland Financial (HTLF) Reports Q4 EPS of $1.12

Heartland Financial (NASDAQ: HTLF) reported Q4 EPS of $1.12, versus $1.22 reported last year.

• Record annual net income available to common stockholders of $211.9 million or $5.00 per diluted common share
• Quarterly net income available to common stockholders of $47.6 million or $1.12 per diluted common share
• Annual loan growth of $689.4 million or 8%, exclusive of Paycheck Protection Program ("PPP") loans
• Quarterly loan growth of $309.0 million or 13% annualized, exclusive of PPP loans
• Nonperforming assets to total assets declined to 0.37% and 30-89 day loan delinquencies fell to 0.07% of total loans
• Net loan charge-offs for the quarter of $637,000 or 0.03% of average loans, and net charge offs for the year of $3.8 million or 0.04% of average loans
• HTLF Board of Directors approved a consolidation plan for its eleven bank charters

For earnings history and earnings-related data on Heartland Financial (HTLF) click here.

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