Welcome to our dedicated page for Heartland Financial Usa news (Ticker: HTLFP), a resource for investors and traders seeking the latest updates and insights on Heartland Financial Usa stock.
Heartland Financial USA (HTLF) provides investors and stakeholders with timely updates through this centralized news hub. Track official press releases, regulatory filings, and strategic developments from the regional banking leader.
This resource aggregates HTLF's financial communications including quarterly earnings reports, merger & acquisition activity, and executive leadership updates. Users gain access to primary source materials alongside analysis of operational milestones in commercial banking and wealth management.
Key content categories include dividend declarations, regulatory compliance updates, and market expansion announcements. The curated collection serves both active traders monitoring short-term developments and long-term investors assessing HTLF's regional banking strategy.
Bookmark this page for streamlined access to HTLF's financial narrative. Combine regular checks with SEC filings for comprehensive due diligence.
Heartland Financial USA, Inc. (NASDAQ: HTLF) reported a strong performance for Q1 2023, with net income rising to $50.8 million, a 24% increase from $41.1 million in Q1 2022. Earnings per diluted share also improved to $1.19, up 23%. The bank maintained a common equity tier 1 ratio of 11.28%, significantly above the well-capitalized requirement of 6.50%. However, total customer deposits fell 4%, decreasing by $618.2 million. The bank's net interest income increased by 13% to $152.2 million and the efficiency ratio improved to 57.16%. Recent charter consolidations are expected to yield $20 million in annual benefits, although restructuring costs are projected at $19-$20 million.
Heartland Financial USA, Inc. (NASDAQ: HTLF) has announced a quarterly cash dividend of $0.30 per share on its common stock, payable on May 26, 2023. Stockholders must be on record by the close of business on May 12, 2023. The company has 42,558,726 common shares outstanding as of March 31, 2023.
Additionally, a dividend of $175 for Series E Preferred Stock (NASDAQ: HTLFP), equating to $0.4375 per depositary share, has been approved. This dividend will be payable on July 17, 2023, to stockholders of record by June 30, 2023.
Heartland Financial, based in Denver, has assets totaling $20.2 billion as of December 31, 2022, serving multiple states with a diversified range of financial services.