Heartland Financial (HTLF) Posts Q1 EPS of $0.54

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. SWKS
7. ANET
8. CVS
9. SPY
10. XYZ

Go back to Heartland Financial (HTLF) Posts Q1 EPS of $0.54

Heartland Financial USA, Inc. Reports Quarterly Results as of March 31, 2020

April 27, 2020 4:01 PM EDT

Highlights and Developments

Quarterly net income of $20.0 million or $0.54 per diluted common share in comparison with $31.5 million or $0.91 per diluted common share for the first quarter of the prior yearNet interest margin of 3.81%, fully tax-equivalent net interest margin (non-GAAP)(1) of 3.84%Return on average common equity of 4.98% and return on average tangible common equity (non-GAAP)(1) of 8.00%Efficiency ratio (non-GAAP)(1) for the first quarter of 2020 of 61.82% compared to 64.93% for the first quarter of 2019Tangible common equity ratio (non-GAAP)(1) of 8.29% compared to 8.60% at March 31, 2019Total commercial loan growth of $76.5 million and... More