Heartland Financial (HTLF) Q4 EPS $0.45

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Heartland Financial USA, Inc. Reports 2017 Fourth Quarter and Annual Results

January 29, 2018 4:01 PM EST

Highlights

Quarterly net income available to common stockholders of $13.7 million, and annual net income available to common stockholders of $75.2 millionDiluted earnings per common share of $0.45 for the quarter and $2.65 for the yearRecorded a charge to income tax expense of $10.4 million related to the enactment by Congress of the Tax Cuts and Jobs Act, which resulted in a reduction of diluted earnings per common share of $0.35 for the quarter and for the yearNet interest margin of 4.14% for the quarter, fully tax-equivalent (non-GAAP)(1) of 4.30%Net interest margin of 4.04% for the year, fully... More