Heartland Financial (HTLF) Misses Q1 EPS by 6c

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Go back to Heartland Financial (HTLF) Misses Q1 EPS by 6c

Heartland Financial USA, Inc. Reports Improved Year Over Year Results for First Quarter 2019 and Announces Sale of Mortgage Servicing Rights

April 29, 2019 4:00 PM EDT

Highlights

Quarterly net income available to common stockholders of $31.5 million in comparison with $23.3 million for the first quarter of the prior year, an increase of $8.2 million or 35%Diluted earnings per common share of $0.91 in comparison with $0.76 for the first quarter of the prior year, an increase of $0.15 or 20%Net interest margin of 4.12%, fully tax-equivalent (non-GAAP)(1) of 4.18%Return on average common equity of 9.56% and return on average tangible common equity (non-GAAP)(1) of... More