Heartland Financial (HTLF) Misses Q3 EPS by 3c

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Heartland Financial USA, Inc. Reports 2017 Third Quarter Results

October 30, 2017 4:01 PM EDT

Highlights

Quarterly net income available to common stockholders of $21.6 million in comparison with $20.2 million for the third quarter of the prior yearDiluted earnings per common share of $0.72 in comparison with $0.81 for the third quarter of the prior yearNet interest margin of 4.08%, fully tax-equivalent (non-GAAP)(1) of 4.26%Organic loan growth of $62.9 million and organic non-time deposit growth of $89.3 million during the third quarter of 2017Return on average common equity of 8.99% and return on average tangible common equity (non-GAAP)(2) of 12.41%Tangible common equity ratio (non-GAAP)(3) of 7.46%Purchased Citywide Banks of Colorado, Inc., on July 7, 2017 and... More