founded in 1981, heartland financial usa, inc. is a $6.8 billion diversified financial services company offering uniquely different banking solutions for business and personal clients. heartland currently has 89 banking locations in 68 communities in iowa, illinois, wisconsin, new mexico, arizona, montana, colorado, minnesota, kansas, missouri and texas, with loan production offices in california, nevada and idaho. other business lines include: - trust, investment management and retirement plan services – offered through the wealth management group. - brokerage and investment services – provided through lpl financial institution services - consumer finance services – provided by citizens finance co. - home mortgage loans - provided by heartland mortgage the heartland vision is to differentiate itself by highlighting its uniqueness as a commercial banking organization supported by a strong retail delivery system. as one of the top 100 bank holding companies nationwide, heartland
Company profile
Ticker
HTLF, HTLFP
Exchange
Website
CEO
Bruce Lee
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Dubuque Bank and Trust Company • New Mexico • Citizens Finance Parent Co. • Heartland Community Development Inc. ...
IRS number
421405748
HTLF stock data
Latest filings (excl ownership)
8-K
Announces Common Stock and Series E Preferred Stock Dividends
25 Apr 24
ARS
2024 FY
Annual report to shareholders
9 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
DEFA14A
Additional proxy soliciting materials
9 Apr 24
8-K
Regulation FD Disclosure
27 Feb 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Departure of Directors or Certain Officers
20 Feb 24
8-K
4th Quarter 2023 Investor Presentation
12 Feb 24
UPLOAD
Letter from SEC
7 Feb 24
CORRESP
Correspondence with SEC
2 Feb 24
Transcripts
HTLF
Earnings call transcript
2023 Q4
29 Jan 24
HTLF
Earnings call transcript
2023 Q3
30 Oct 23
HTLF
Earnings call transcript
2023 Q2
31 Jul 23
HTLF
Earnings call transcript
2023 Q1
24 Apr 23
HTLF
Earnings call transcript
2022 Q4
30 Jan 23
HTLF
Earnings call transcript
2022 Q3
1 Nov 22
HTLF
Earnings call transcript
2022 Q2
26 Jul 22
HTLF
Earnings call transcript
2022 Q1
26 Apr 22
HTLF
Earnings call transcript
2021 Q4
1 Feb 22
HTLF
Earnings call transcript
2021 Q3
25 Oct 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 348.00 mm | 348.00 mm | 348.00 mm | 348.00 mm | 348.00 mm | 348.00 mm |
Cash burn (monthly) | 17.40 mm | 4.32 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 120.19 mm | 29.86 mm | n/a | n/a | n/a | n/a |
Cash remaining | 227.81 mm | 318.14 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 13.1 | 73.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
69.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 190 |
Opened positions | 25 |
Closed positions | 12 |
Increased positions | 72 |
Reduced positions | 62 |
13F shares | Current |
---|---|
Total value | 869.97 bn |
Total shares | 29.84 mm |
Total puts | 16.90 k |
Total calls | 8.30 k |
Total put/call ratio | 2.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.91 mm | $173.84 bn |
Vanguard | 3.14 mm | $92.53 bn |
Earnest Partners | 2.74 mm | $80.75 bn |
Dimensional Fund Advisors | 1.98 mm | $58.31 bn |
Dubuque Bank & Trust | 1.62 mm | $47.67 bn |
Thrivent Financial For Lutherans | 1.54 mm | $45.20 bn |
STT State Street | 1.13 mm | $33.38 bn |
Geode Capital Management | 865.33 k | $25.47 bn |
Nuveen Asset Management | 813.58 k | $23.94 bn |
Charles Schwab Investment Management | 446.88 k | $13.15 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Nathan R Jones | Common Stock | Payment of exercise | Dispose F | No | No | 33.99 | 165 | 5.61 k | 8,057 |
21 Mar 24 | Nathan R Jones | Common Stock | Option exercise | Acquire M | No | No | 0 | 634 | 0.00 | 8,222 |
21 Mar 24 | Nathan R Jones | Common Stock | Payment of exercise | Dispose F | No | No | 33.99 | 138 | 4.69 k | 7,588 |
21 Mar 24 | Nathan R Jones | Common Stock | Option exercise | Acquire M | No | No | 0 | 484 | 0.00 | 7,726 |
21 Mar 24 | Nathan R Jones | Common Stock | Payment of exercise | Dispose F | No | No | 33.99 | 122 | 4.15 k | 7,242 |
21 Mar 24 | Nathan R Jones | Common Stock | Option exercise | Acquire M | No | No | 0 | 425 | 0.00 | 7,364 |
21 Mar 24 | Nathan R Jones | 2023 Time-Based Restricted Stock Common Stock | Option exercise | Dispose M | No | No | 0 | 634 | 0.00 | 1,268 |
21 Mar 24 | Nathan R Jones | 2022 Time-Based Restricted Stock Common Stock | Option exercise | Dispose M | No | No | 0 | 484 | 0.00 | 484 |
21 Mar 24 | Nathan R Jones | 2021 Time-Based Restricted Stock Common Stock | Option exercise | Dispose M | No | No | 0 | 425 | 0.00 | 0 |
21 Mar 24 | Lee Bruce K | Common Stock | Payment of exercise | Dispose F | No | No | 33.99 | 907 | 30.83 k | 85,905 |
News
Glacier Bancorp, Inc. Receives Regulatory Approval For Acquisition Of Six Montana Branches From HTLF Bank; Transaction Is Projected To Be ~$0.03 Per Share, Or 1.6%, Accretive To Glacier's 2024 Estimated EPS, Given The Expected Partial Year Impact And Excluding One-Time Transaction-Related Expenses, And ~$0.07 Per Share, Or 3.1%, Accretive To Glacier's 2025 Estimated EPS
18 Apr 24
Raymond James Upgrades Heartland Financial USA to Strong Buy, Maintains Price Target to $41
29 Feb 24
Why AMD Shares Are Trading Lower? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
31 Jan 24
Cracking The Code: Understanding Analyst Reviews For Heartland Financial USA
30 Jan 24
Stephens & Co. Reiterates Overweight on Heartland Financial USA, Maintains $45 Price Target
30 Jan 24
Press releases
Heartland Financial USA, Inc. ("HTLF") Announces Common Stock and Series E Preferred Stock Dividends
25 Apr 24
Glacier Bancorp, Inc. Receives Regulatory Approval for Acquisition of Six Montana Branches From HTLF Bank
18 Apr 24
HTLF Schedules First Quarter Earnings Conference Call for May 1, 2024
15 Apr 24
Heartland Financial USA, Inc. ("HTLF") Reports Annual Earnings and Fourth Quarter Results as of December 31, 2023
29 Jan 24