Heartland Financial (HTLF) Tops Q2 EPS by 12c

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Heartland Financial USA, Inc. ("HTLF") Reports Quarterly and Year to Date Results as of June 30, 2022

July 25, 2022 4:00 PM UTC

Highlights and Developments

Quarterly loan growth of $551.9 million or 5%, exclusive of Paycheck Protection Program ("PPP") loansQuarterly net income available to common stockholders of $49.9 millionEfficiency ratio of 57.66%Diluted earnings per common share of $1.17Quarterly net charge-offs of $714,000 and 30-89 day loan delinquencies were 0.06% of total loansCitywide Banks is now operating as a division of HTLF Bank, completing the first stage of charter consolidation  Quarter EndedJune 30, Six Months EndedJune... More