Heartland Financial (HTLF) Tops Q2 EPS by 15c

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Heartland Financial USA, Inc. ("HTLF") Reports Record Quarterly and Year to Date Results as of June 30, 2021

July 26, 2021 4:00 PM EDT

Highlights and Developments

Net income available to common stockholders of $59.6 million compared to $30.1 million for the second quarter of 2020, an increase of $29.5 million or 98%Net income available to common stockholders of $110.4 million compared to $50.2 million for the six months ended June 30, 2020, an increase of $60.2 million or 120%Diluted earnings per common share of $1.41 compared to $0.82 for the second quarter of the prior year, an increase of $0.59 or 72%Quarterly loan growth was $287.7 million or 13% annualized, exclusive of Paycheck Protection Program ("PPP") loansNon-time deposit growth of $133.3 million or 1% for the second quarter of 2021 and... More