Heartland BancCorp (HLAN) Tops Q3 EPS by 16c

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Heartland BancCorp Earns $4.9 Million, or $2.43 Per Diluted Share, in the Third Quarter of 2023; Declares Quarterly Cash Dividend of $0.759 per Share

October 24, 2023 4:00 PM EDT

WHITEHALL, Ohio, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Heartland BancCorp (Heartland and the Company) (OTCQX: HLAN), parent company of Heartland Bank (Bank), today reported net income of $4.9 million, or $2.43 per diluted share, in the third quarter of 2023, compared to $5.1 million, or $2.50 per diluted share, in the third quarter of 2022, and $4.8 million, or $2.39 per diluted share, in the preceding quarter. In the first nine months of 2023, net income increased 9.1% to $14.2 million, or $7.01 per diluted share, compared to $13.0 million, or $6.43 per diluted share, in the first nine months of 2022.

The company also announced that its... More