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Heartland BancCorp - $HLAN STOCK NEWS

Welcome to our dedicated page for Heartland BancCorp news (Ticker: $HLAN), a resource for investors and traders seeking the latest updates and insights on Heartland BancCorp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Heartland BancCorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Heartland BancCorp's position in the market.

Rhea-AI Summary

Heartland BancCorp (OTCQX: HLAN), parent company of Heartland Bank, announced the election of Diana L. Turoff, CPA, to its Board of Directors, effective May 21, 2024. Turoff, who also joined the Heartland Bank Board in March 2024, brings over 25 years of experience in housing, real estate, finance, and accounting. She has held leadership roles in both for-profit and nonprofit sectors, notably serving as President and CEO of Finance Fund, a Community Development Financial Institution (CDFI). Turoff aims to leverage her expertise to assist small businesses and individuals through Heartland's specialized banking services.

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Heartland BancCorp reported a net income of $5.1 million, or $2.51 per diluted share, in the first quarter of 2024, a 14.2% increase from the same period in 2023. The company declared a quarterly cash dividend of $0.759 per share, payable on July 10, 2024. Heartland's credit quality remains strong, with nonperforming loans at 0.13% of gross loans and nonperforming assets at 0.10% of total assets.
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1.16%
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Heartland BancCorp reported a 5.2% increase in net income to $5.3 million in Q4 2023, with a 7.2% increase in the preceding quarter. The company declared a quarterly cash dividend of $0.759 per share, payable on April 10, 2024. Net loans increased by 1.8% to $1.53 billion, and total deposits increased by 4.0% to $1.64 billion at the end of Q4 2023.
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0.34%
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Heartland BancCorp reports net income of $4.9 million in Q3 2023, announces quarterly cash dividend of $0.759 per share
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2.38%
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Heartland BancCorp named to American Banker's Top 200 Publicly Traded Community Banks and Thrifts list for the 15th consecutive year.
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Heartland BancCorp

OTC:HLAN

HLAN Rankings

HLAN Stock Data

173.80M
63.36%
Commercial Banking
Finance and Insurance
Link
United States of America
Bloomington