Heartland Financial (HTLF) Tops Q4 EPS by 6c

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Heartland Financial USA, Inc. Reports Record Annual Earnings and Strong Fourth Quarter Results as of December 31, 2019

January 27, 2020 4:00 PM EST

Highlights

Record annual net income available to common stockholders of $149.1 million, an increase of $32.2 million or 28% from $117.0 million for 2018Quarterly net income available to common stockholders of $37.9 million or $1.03 per diluted common share in comparison with $32.1 million or $0.93 per diluted common share for the fourth quarter of the prior yearNet interest margin of 3.86%, fully tax-equivalent (non-GAAP)(1) of 3.90% for the fourth quarter of 2019Return on average common equity of 9.56% and return on average tangible common equity (non-GAAP)(1)... More