Heartland Financial USA, Inc. - HTLF STOCK NEWS

Heartland Financial USA, Inc. (NASDAQ: HTLF) declared a quarterly cash dividend of $0.22 per share on April 22, 2021. This payment will be made on May 31, 2021, to shareholders on record as of May 17, 2021. The company, which has approximately $18 billion in assets and operates across various states, emphasizes its commitment to core commercial operations and a diverse range of financial services.

HTLF, formerly Heartland Financial USA, Inc., unveils its new brand identity to emphasize its commitment to strength, insight, and growth. The brand name aligns with its NASDAQ stock ticker, aiming to enhance recognition among stakeholders. President and CEO Bruce K. Lee highlights the brand's reflection of the company's rich history and ongoing expansion across multiple states. The rebranding was well-received during employee introductions in March and will be showcased in the upcoming annual meeting in May. HTLF boasts approximately $18 billion in assets.

Heartland Financial USA, Inc. (NASDAQ: HTLF) has announced a conference call scheduled for April 26, 2021, at 5:00 p.m. ET to discuss its First Quarter 2021 earnings. The call will be hosted by key executives including Lynn B. Fuller and Bruce K. Lee. Financial results will be available on the company’s website after the market closes on the same day. Interested parties can join via phone or access the webcast through the provided link. Heartland Financial, with assets of approximately $17.9 billion, offers diversified financial services across multiple states.

Heartland Financial USA, Inc. (HTLF) reported a net income of $37.8 million for Q4 2020, equivalent to $0.98 per diluted share, and a total annual net income of $133.5 million or $3.57 per share, despite a decrease from $149.1 million in 2019. Key metrics include a net interest margin of 3.51% and a return on average assets of 0.92%. The company completed significant acquisitions, including AimBank, with assets of $1.97 billion. Additionally, a 10% increase in quarterly dividend to $0.22 per share was approved. However, overall credit quality shows signs of strain due to COVID-19 impacts.

Heartland Financial USA announced a dividend of $175.00 per share on its Series E Preferred Stock, translating to $0.4375 per depositary share. This payment is intended for stockholders of record as of March 31, 2021, with the payout scheduled for April 15, 2021. Following the acquisition of AimBank and four Arizona branches from Johnson Bank, Heartland's total assets have reached nearly $18 billion. The company operates over 140 banking locations across 10 states.

Heartland Financial USA, Inc. (NASDAQ: HTLF) announced a 10% increase in its quarterly cash dividend to $0.22 per share. The dividend is payable on February 26, 2021, to stockholders of record by the close of business on February 12, 2021. Following the acquisition of AimBank and four Arizona branches, Heartland's total assets approached $18 billion, with 42,093,862 common shares outstanding. Heartland operates over 140 banking locations across 10 states.

Heartland Financial USA, Inc. (NASDAQ: HTLF) will host a conference call on January 25, 2021, at 5:00 p.m. ET to discuss its Fourth Quarter 2020 earnings results. The call will include a presentation by key executives, followed by a question-and-answer session for shareholders and analysts. Financial results will be posted on the company’s website after market close on the same day. Interested parties are invited to join the call by dialing (866) 928-9948 five minutes prior to the start.

Heartland Financial USA announced that Christopher S. Hylen will join its Board of Directors as an independent director. Hylen, who has over 25 years of experience in technology and financial services, previously served as CEO of Reltio and Imperva, enhancing customer experiences through innovative solutions. Heartland, with assets around $15.6 billion, aims to leverage his expertise to improve strategies and stakeholder value. The company operates 113 banking locations across 10 states, offering diversified financial services.

Heartland Financial USA (HTLF) has successfully completed its acquisition of four Arizona branches from Johnson Bank, effective December 4, 2020. This transaction adds approximately $150 million in gross loans and $400 million in deposits to Arizona Bank & Trust (AB&T), Heartland's wholly-owned subsidiary. With this acquisition, AB&T's branches increase from six to ten in the East Valley, enhancing its presence in the Phoenix market. Following this and a prior acquisition of AimBank, Heartland's total assets will approach $18 billion across 140 locations in 12 states.