Heartland Financial (HTLF) Tops Q4 EPS by 3c
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Heartland Financial USA, Inc. ("HTLF") Reports Annual Earnings and Fourth Quarter Results as of December 31, 2022
January 30, 2023 4:01 PM ESTHighlights
Quarterly net income available to common stockholders of $58.6 million or $1.37 per diluted common shareAnnual net income available to common stockholders of $204.1 million or $4.79 per diluted common shareQuarterly loan growth of $504.8 million or 5%Annual loan growth of $1.47 billion or 15%. Excluding decreases in Paycheck Protection Program ("PPP") loans, annual loan growth was $1.66 billion or 17%.Total revenue growth during the quarter of $10.1 million or 5% and $37.0 million or 5% during the yearNonperforming assets to total assets declined to 0.33% and 30-89 day loan delinquencies fell to 0.04% of total loansNet loan recoveries for the... More