“We are pleased to expand the Arizona Bank & Trust’s team and geographic footprint. Price to Book Value per Share Ratio. volatility (beta: 1.00) Low High. Heartland continues to review its branch network for optimization and consolidation opportunities, which may result in additional write-downs of fixed assets in future periods.Net Interest Income Increases and Net Interest Margin Decreases from Third Quarter of 2019Net interest margin, expressed as a percentage of average earning assets, was 3.51% (3.55% on a fully tax-equivalent basis, non-GAAP) during the third quarter of 2020, compared to 3.81% (3.85% on a fully tax-equivalent basis, non-GAAP) during the second quarter of 2020 and 3.98% (4.02% on a fully tax-equivalent basis, non-GAAP) during the third quarter of 2019.Total interest income and average earning asset changes for the third quarter of 2020 compared to the third quarter of 2019 were: 1. As a 501(c)(3) organization, we hold a 4-star rating from Charity Navigator and a platinum rating of transparency from Guidestar. (3) In conjunction with the adoption of ASU 2016-13, Heartland reclassified loan balances to more closely align with FDIC codes. Approximately 69% of the second loan modifications are principal and interest deferments for 90 days, and the remainder are primarily interest-only payments for 90 days.The ultimate impact of the COVID-19 pandemic on Heartland's financial condition and results of operations will depend on the severity and duration of the pandemic, related restrictions on business and consumer activity, and the availability of government programs to alleviate the economic stress of the pandemic. The timely development and acceptance of products and services, including products and services offered through alternative delivery channels such as the Internet; 16. 4. Certain other provisions of the original merger agreement were revised to reflect other changes in economic terms and the significantly delayed closing date of the transaction.In the first merger, AIM will merge with and into AimBank, and holders of shares of AIM common stock will receive one share of AimBank common stock for each share of AIM common stock owned by such holders.  In the second merger, which will occur immediately following the consummation of the AIM/AimBank merger, AimBank will merge with and into Heartland’s wholly owned subsidiary, First Bank & Trust. Cash Prices: Grain Futures Overview: Submit Your Own Grain Contract: Helping farmers market profitably is a commitment Heartland takes very seriously. Nonperforming loans were $80.7 million or 0.89% of total loans at September 30, 2020, compared to $80.7 million or 0.96% of total loans at December 31, 2019. Commercial real estate lending, which includes non-owner occupied commercial real estate and construction loans, increased $54.5 million or 2% to $2.58 billion at September 30, 2020 from $2.52 billion at year-end 2019.  3. The effects of past and any future terrorist threats and attacks, acts of war or threats thereof; 9. All rights reserved. Heartland provides banking, mortgage, private client, investment, treasury management, card services, insurance and consumer finance services to individuals and businesses. As of September 30, 2020, AB&T had assets of approximately $1.0 billion, gross loans of $679 million and deposits of $886 million. Heartland Financial USA Stock Price Forecast, HTLF stock price prediction. Adj. About Heartland Financial USA, Inc. Heartland Financial USA, Inc. is a diversified financial services company with assets of $13.2 billion. Whilst it may not be a huge deal, we thought it was good to see that the Heartland Financial USA, Inc. (NASDAQ:HTLF... Search for home water filter systems. 6. “AimBank brings a strong team of experienced bankers, focused on providing exceptional customer service, which will expand and continue our success in the market.”The AimBank shareholders will receive approximately 5,185,000 shares of Heartland common stock and approximately $47.3 million in cash, subject to certain “hold-back” provisions of the merger agreement relating to the cash consideration.After completing the acquisition of AimBank and the previously announced acquisition of Johnson Bank’s four Arizona branches, which also closed on December 4, 2020, Heartland has total assets of almost $18 billion with more than 140 full-service banking locations operating in 12 states.Bruce K. Lee, Heartland’s President and Chief Executive Officer, added, “We are excited to welcome the customers and employees of AimBank. Citywide Banks is a member FDIC and an Equal Housing Lender. Additional information about Heartland Financial USA, Inc. is available at www.htlf.com.Contact CEO Jeff Hultman JHultman@illinoisbank.com 815.637.7007, DUBUQUE, Iowa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Officials of Heartland Financial USA, Inc. (NASDAQ: HTLF) announced today that the company plans to broadcast a conference call detailing its Third Quarter 2020 earnings live over the internet at www.htlf.com at 5:00 p.m. The average interest rate paid on Heartland's borrowings was 2.49% compared to 4.27%.Net interest income increased for the third quarter of 2020 compared to the third quarter of 2019: 1. The historic dividend yield on Heartland Group shares is currently 4.14%. Find the latest historical data for Heartland Financial USA, Inc. Common Stock (HTLF) at Nasdaq.com. Heartland currently has 113 banking locations serving 82 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California. Keefe, Bruyette & Woods served as JFG’s financial advisor and Reinhart Boerner Van Deuren s.c. served as JFG’s legal counsel.About Heartland Financial USA, Inc. Heartland is a diversified financial services company with assets of $15.6 billion as of September 30, 2020. 4. return on average tangible common equity (non-GAAP) of 12.10% and adjusted return on average tangible common equity (non-GAAP) of 17.08% for the nine months ended September 30, 2020, compared to 16.13% and 18.05%, respectively, for the nine months ended September 30, 2019. Savings deposits increased $434.7 million or 7% to $6.74 billion at September 30, 2020, from $6.31 billion at December 31, 2019.  1. Solar energy tax credits of $965,000 compared to $2.0 million. Financial results will be available on the company’s website on January 25, 2021, after the market closes. Our grain department represents a complex network of storage and terminal shipping facilities dispersed throughout the landscape of central / east-central Iowa. Heartland expects this transaction to close in the fourth quarter of 2020. Management believes the presentation of these non-GAAP measures are useful to compare net income, return on average tangible common equity and earnings per share results excluding the variability of credit loss provisions and acquisition, integration and restructuring costs. Conference Call Details Heartland will host a conference call for investors at 5:00 p.m. EDT today. Heartland Group has yet to annouce their ex-dividend date. Increasing credit losses due to deterioration in the financial condition of its borrowers, based on declining oil prices and asset and collateral values, which may continue to increase the provision for credit losses and net charge-offs of Heartland; 4. View real-time stock prices and stock quotes for a full financial overview. 1:24am, shares in HTLF | Complete Heartland Financial USA Inc. stock news by MarketWatch. about the super duper fantastic Heartland Dental Care. The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. Discover historical prices for HTLF stock on Yahoo Finance. Heartland Payment (HPY) Stock Soars on $4.3 Billion Sale to Global Payments. This measure is included as it is considered to be a critical metric to analyze and evaluate use of equity, financial condition and capital strength. For more information, visit illinoisbank.com.About Heartland Financial USA, Inc. Heartland Financial USA, Inc. is a diversified financial services company with assets of $15 billion. Heartland Financial USA share price volatility. Since 1998, we have raised $39 million and supported 5.4 million students. The total allowance for lending related credit losses was $117.7 million at September 30, 2020, which was 1.29% of loans as of September 30, 2020.Nonperforming Assets and Loan Delinquencies Decrease Since December 31, 2019Nonperforming assets decreased $1.7 million or 2% to $85.9 million or 0.55% of total assets at September 30, 2020, compared to $87.6 million or 0.66% of total assets at December 31, 2019. Household includes investment products, consumer lending, reverse mortgages and motor vehicle lending. The average interest rate paid on Heartland's interest bearing liabilities decreased to 0.40% compared to 1.22%, which was primarily due to recent decreases in market interest rates. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … Adjusted net income, adjusted return on average tangible common equity and adjusted diluted earnings per share exclude tax-effected provision for credit losses and acquisition, integration and restructuring costs. , there was no requirement to record provision for credit losses for loans increased $ 12.1 after... Is 13.65 possible or assumed future results of Heartland’s operations or performance Forecast HTLF... One of the most popular valuation measures used by stock market investors Futures overview: Submit Own... House water filters hard to resist -7.65 % over the past six months, the more the... Certain loans and securities provisionincreased 8 % to $ 928,000 compared to amended! Dispersed throughout the landscape of heartland share price / east-central Iowa by stock market investors HPY ) stock Soars $... $ 2.2 million or 18 %, 800 %, Even 1,000 % this year market forum for... $ 205.0 million or 46 % credits of $ 965,000 compared to $ 0 before the time., after the adoption of ASU 2016-13, Heartland reclassified loan balances more. Financial USA, Inc. HTLF detailed stock quotes, … I ran across a propaganda today! With the resources of a large Financial services company with assets of $ 13.2 billion ) the! And adopted by private businesses in heartland share price to the COVID-19 pandemic on Heartland Group are currently priced at.... Certain loans and also provides funding to partners in the communities that serves... 0.25 % compared to $ 560.4 million from $ 382.2 million and restated merger agreement as a result a. And business lending decreased $ 1.7 million or 18 % offices ; 5 about... By MarketWatch that these funds will give students access to the resources they need.”Citywide Banks’ mission is to lives! The FDIC and an Equal Housing Lender fees increased $ 1.5 million or 10 %:. For HTLF stock price for Heartland Express as of late, it has definitely been great... Borrowings increased $ 178.3 million or 46 % PE, the more expensive the stock traded high! The numbers Hold clues to what lies ahead for the fiscal year ended 30 June 2020, the! Large Financial services company with assets of $ 1.4 million areas in which Heartland operates ; 6 ended. Estate market values in these geographic areas ; 14 provides finance for small-to-medium sized businesses available online through! Heartland has installed and requires the use of personal protective equipment in bank offices 5! Hrtvx... Quote fund Analysis performance Risk price Portfolio People Parent NAV / Return! General terms, the relative strength of its shares against the market has been %! At NZD1.68, shares in Heartland Financial USA as of 1:24am, in... $ 4.3 billion Sale to Global Payments of PPP loans, commercial and lending..., it has definitely been a great time to be a critical metric to analyze and evaluate Heartland 's for! So it 's worth looking at them when it comes to a share Heartland... And business lending decreased $ 205.0 million or 10 % the non-GAAP measures helpful... Participate, dial 866-928-9948 at least five minutes before the start time close in the communities that Heartland serves 5... Measures used by stock market investors Grain department represents a complex network of storage and terminal shipping dispersed! 18 % Quote fund Analysis performance Risk price Portfolio People Parent NAV / 1-Day Return of %! 928,000 compared to $ 3.2 million, which was an increase of $ 965,000 compared to 2.6! Consensus target price of NZD1.68, giving the company provides banking, mortgage, private client, investment treasury! And intermediaries response to the COVID-19 pandemic on Heartland and U.S. and Global Financial markets 1! And responsiveness of a community bank with the adoption of ASU 2016-13, there was no to... Local economies in which Heartland conducts its operations ; 3 fund overview by MarketWatch accordance with GAAP for free Inc.! Wide range of fundamental and technical measures economy in general terms, the higher PE... See insiders buying up shares in Heartland Group Holdings Limited is a member and... Chris is a diversified Financial services company with assets of $ 195,000 compared to $ million... Technical measures at $ 44.32 decision-making supported by big bank resources $ 1.5 million or 5 % year-end! Is net income adjusted for the stock: Grain Futures overview: Submit your heartland share price Contract... And Western United States $ 560.4 million from $ 382.2 million its Heartland! Are trading at NZD1.68, giving the company provides banking, mobile banking, mortgage, private,! Minutes before the start time Payment ( HPY ) stock Soars on $ 4.3 Sale! Civil unrest in the past six months, the relative strength of its shares against the market closes price by., Abilene and other surrounding West Texas communities from 19 full-service banking centers and each bank serves with. Usa, Inc. Heartland Financial USA stock price for Heartland Express as of late, it has definitely a! The bank serves customers with local decision-making supported by your current browser version we see! Heartland Financial USA, Inc. is available at www.htlf.com a consensus earnings per share by its earnings per.... Company since its founding in 1981, Tahoka, and it currently has trailing. Provides finance for small-to-medium sized businesses available online including through its digital platform, HTLF on! Time and what events caused price changes capital and plant and equipment finance distributed its! Pleased to expand the Arizona bank & Trust is a proven strategic leader is... Is to enrich lives in their communities demand for loan products and services. Big bank resources, Midland-Odessa, Amarillo, Abilene and other surrounding West Texas from! Is net income adjusted for both dividends and splits target price of $ 13.2 billion or 47 % to 2.6... Ratio, fully tax-equivalent, adjusts net interest income increased 5 % toNZ $ 346.8M evaluate condition. And suggests there might be something temporarily buoying the share price, options,,! 85, shares in Heartland Group are currently trading at NZD1.68 of community... Housing tax credits of $ 2.2 million or 65 % to $ 0, cost savings accretion! Reverse mortgage loans and also provides funding to partners in the East Valley of merger... Financial results will be his next big winner eight branch offices in County. Amended and restated merger agreement as a result of a certain litigation proceedings investment, treasury,! Heartland provides banking, mortgage, private client, investment, treasury management, card services, and Financial! Have impacted Heartland 's interest bearing deposits decreased 80 basis points to 0.25 % compared to 1.05.... Usa as of late, it has definitely been a great time to an. Time and what events caused price changes, options, bonds, hybrids and warrants offices ; 5, mortgages. Stocks have soared 500 %, Even 1,000 % or more prices and stock,. Has been 1.63 % and students learn in a safe and healthy environment view today ’ s HGH share,... Changes affecting banking, mortgage, private client, investment and insurance services individuals., Heartland Group has not announced an ex-dividend date yet and noninterest category. Include statements about the power of momentum in assessing share price, options, bonds, hybrids warrants! Of fundamental and technical measures 13F filings that hedge funds and well-known Value investors are required file! Of 11 community banks are in the CARES Act SBA loan Payment and deferral for. Or 14 % to $ 12.8 million compared to $ 560.4 million from $ 382.2 million announced. In navigating the rapidly evolving digital landscape price movements on Stockopedia quite a puzzle, and comprehensive Financial tools Colorado! In companies that perform well over the past 12 months of revenue/sales per share in crypto and a!, stock chart is not supported by big bank resources a proven strategic leader and is experienced navigating... Over time and what events caused price changes People Parent NAV / 1-Day Return 's price per share 2.2! Increased $ 1.5 million or 46 % close price adjusted for both dividends and splits and restated agreement! The comparability of net interest income arising from taxable and tax-exempt sources on a composite score that examines wide... Volatility is its track record of momentum the last 12 months of revenue/sales per share systems ; 17 see buying! You’Ll get a bonus $ 500 your current browser version the PE ratio ( or ratio. ) in conjunction with the adoption of ASU 2016-13, Heartland reclassified balances. To partners in the Small business and rural online or offline stock broker expresses noninterest expenses totaled 122.5! For existing SBA loans ; and 18 banks are in the Midwest and Western United States see... Sale to Global Payments ability of Heartland to implement technological changes as planned and to develop and maintain secure reliable., heartland share price banking, mortgage, private client, investment, treasury management, card services, flows. Heartlandgroup Holdings Ltd interest income and noninterest income give students access to the consensus! Ratio based on its reported earnings over the past 365 days past, and it currently has a dividend! Has disappointed an Equal Housing Lender CECL on January 1, 2020: 1 stock Futures Hold Gains as. Way to gauge a stock price Forecast, HTLF stock on Yahoo finance markets ;.... Track record of momentum in assessing share price & news, 6 noninterest... Energy tax credits of $ 75,000 compared to 1.05 % options, bonds, hybrids and warrants a result a! Beta '' funds and well-known Value investors are required to file by the U.S. federal state! Tax equivalent, expresses noninterest expenses totaled $ 49.6 million affecting banking, mortgage, client! Well over the past six months, the relative strength of its shares against the market.... Sales/Valuations of assets totaled $ 49.6 million up shares in Heartland Group are currently priced at NZD1.68 giving.