Heartland Financial (HTLF) Reports Q4 EPS of $1.12

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Heartland Financial USA, Inc. Reports Annual Earnings and Fourth Quarter Results as of December 31, 2021

January 31, 2022 4:00 PM EST

Highlights

Record annual net income available to common stockholders of $211.9 million or $5.00 per diluted common shareQuarterly net income available to common stockholders of $47.6 million or $1.12 per diluted common shareAnnual loan growth of $689.4 million or 8%, exclusive of Paycheck Protection Program ("PPP") loansQuarterly loan growth of $309.0 million or 13% annualized, exclusive of PPP loansNonperforming assets to total assets declined to 0.37% and 30-89 day loan delinquencies fell to 0.07% of total loansNet loan charge-offs for the quarter of $637,000 or 0.03% of average loans, and net charge offs for the year of... More