Stock Fundamentals

Company Information

Company Name
Heartland Financial USA Inc
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US42234Q1022
CIK: 0000920112
CUSIP: 42234Q102
Currency: USD
Full Time Employees: 1,725
Phone: 303 285 9200
Fiscal Year End: December
IPO Date: Jan 04, 1999
Description:

Heartland Financial USA, Inc., a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits. It offers loans, including commercial and industrial, commercial real estate, agricultural, small business, and real estate mortgage loans; consumer loans comprising motor vehicle, home improvement, home equity line of credit, and fixed rate home equity and personal lines of credit; and credit cards for commercial, business, and personal use. In addition, the company provides business and personal online banking, and mobile banking; bill payment, remote deposit capture, and treasury management services; debit cards; automated teller machines; and automated clearing house services, wire transfers, insured cash sweeps, zero balance accounts, lockbox, image cash letter, remote deposit capture, commercial cards for travel and entertainment purchasing, merchant services to receive credit card payments, investment sweep accounts, reconciliation services, online invoice processing, foreign exchange and positive pay fraud prevention services for checks and automated clearing house services payments. Further, it offers wealth management, trust services, brokerage services, and fixed rate annuity products; and investment services, including mutual funds, individual retirement products, and education savings products. Heartland Financial USA, Inc. was founded in 1981 and is headquartered in Denver, Colorado.

Address:

1800 Larimer Street, Denver, CO, United States, 80202

Directors & Officers

Name Title Year Born
Mr. Bruce K. Lee President, CEO & Director 1961
Mr. Jay L. Kim Esq. Executive VP, General Counsel, Chief Administrative Officer & Corporate Secretary 1964
Mr. David A. Prince Executive VP & Chief Commercial Officer 1970
Mr. Kevin G. Quinn Executive VP & Chief Banking Officer 1961
Mr. Kevin Lewis Thompson CPA Executive VP & CFO 1973
Mr. Mark E. Frank Executive VP & COO 1960
Ms. Janet M. Quick Executive VP, Deputy CFO & Principal Accounting Officer 1965
Michael G. Flood CFA Vice President of Investor Relations NA
Ryan Lund Senior VP & Director of Corporate Communications NA
Mr. Lo B. Nestman Executive VP & Head of Retail, Marketing & Private Banking NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 3.67M Dec 31, 2024 8.56% $0.00 2.10%
Vanguard Group Inc 3.15M Dec 31, 2024 7.35% $0.00 1.51%
Earnest Partners LLC 2.60M Dec 31, 2024 6.06% $0.71 0.15%
Dimensional Fund Advisors, Inc. 2.49M Dec 31, 2024 5.79% $0.04 -1.32%
Charles Schwab Investment Management Inc 1.60M Dec 31, 2024 3.73% $0.02 9.97%
State Street Corp 1.33M Dec 31, 2024 3.11% $0.00 7.91%
First Trust Capital Management L.P. 1.18M Dec 31, 2024 2.75% $5.53 3,393.98%
Magnetar Financial LLC 1.05M Dec 31, 2024 2.45% $1.48 -4.16%
HTLF Bank 1.04M Dec 31, 2024 2.42% $7.20 -10.98%
Geode Capital Management, LLC 1.02M Dec 31, 2024 2.38% $0.00 -0.27%
Westchester Capital Management LLC 1.01M Dec 31, 2024 2.35% $3.36 72.74%
NORGES BANK 866.68K Dec 31, 2024 2.02% $0.01 46.34%
AllianceBernstein L.P. 719.38K Dec 31, 2024 1.68% $0.02 -0.82%
Cnh Partners, LLC 610.43K Dec 31, 2024 1.42% $0.82 -3.90%
Balyasny Asset Management LLC 534.50K Dec 31, 2024 1.25% $0.05 -35.73%
Bank of America Corp 461.22K Dec 31, 2024 1.08% $0.00 1.24%
Northern Trust Corp 419.88K Dec 31, 2024 0.98% $0.00 6.24%
Omers Administration Corp 416.27K Dec 31, 2024 0.97% $0.22 15.45%
Nuveen Asset Management, LLC 379.28K Dec 31, 2024 0.88% $0.01 -8.00%
American Century Companies Inc 345.31K Dec 31, 2024 0.80% $0.01 -16.97%

Shares Statistics

Shares Outstanding: 42.89M
Shares Float: 42.08M
% Insiders: 172.70%
% Institutions: 8,190.70%
Short % Float: 1.75%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 3.67M 8.56% ▲ 2.10% Dec 31, 2024
2 Vanguard Group Inc 3.15M 7.35% ▲ 1.51% Dec 31, 2024
3 Earnest Partners LLC 2.60M 6.06% ▲ 0.15% Dec 31, 2024
4 Dimensional Fund Advisors, Inc. 2.49M 5.79% ▼ 1.32% Dec 31, 2024
5 Charles Schwab Investment Management Inc 1.60M 3.73% ▲ 9.97% Dec 31, 2024
6 State Street Corp 1.33M 3.11% ▲ 7.91% Dec 31, 2024
7 First Trust Capital Management L.P. 1.18M 2.75% ▲ 3,393.98% Dec 31, 2024
8 Magnetar Financial LLC 1.05M 2.45% ▼ 4.16% Dec 31, 2024
9 HTLF Bank 1.04M 2.42% ▼ 10.98% Dec 31, 2024
10 Geode Capital Management, LLC 1.02M 2.38% ▼ 0.27% Dec 31, 2024

Valuation Metrics

Enterprise Value: $3.31B
Trailing P/E: 37.32
Forward P/E: 0.00

Financial Highlights

Market Cap: $2.85B
P/E Ratio: $37.32
PEG Ratio: $1.66
Book Value: $47.33
Dividend/Share: $1.20
Dividend Yield: 1.80%
Earnings/Share: $1.78
Profit Margin: 14.92%
Operating Margin: 46.49%
ROA (TTM): 0.44%
ROE (TTM): 4.30%
Revenue (TTM): $571.47M
Revenue/Share (TTM): $13.33
Earnings Growth (YOY): 33.60%
Revenue Growth (YOY): 14.80%

Stock Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2023-12-31 2.12x 0.44x 0.90x 0.38x 6.71x
2022-12-31 5.46x 0.43x 0.91x 4.50x 2.56x
2021-12-31 3.33x 0.23x 0.89x 9.76x 1.67x
2020-12-31 2.03x 0.30x 0.88x 3.88x 3.10x
2019-12-31 2.09x 0.29x 0.88x 2.28x 2.34x
2018-12-31 72.07x 0.38x 0.88x 3.80x 2.20x
2017-12-31 141.24x 0.61x 0.90x 5.29x 3.34x
2016-12-31 157.10x 0.80x 0.91x 5.46x 3.32x
2015-12-31 211.29x 0.84x 0.91x 4.19x 4.07x
2014-12-31 54.54x 1.46x 0.92x 3.08x 6.81x
2013-12-31 36.42x 1.73x 0.93x 2.77x 7.59x
2012-12-31 206.48x 1.53x 0.92x 2.89x 5.39x
2011-12-31 10.48x 1.84x 0.92x 8.54x 6.97x
2010-12-31 10.92x 1.63x 0.92x 1.74x 5.48x
2009-12-31 16.50x 1.38x 0.92x 0.09x 4.63x
2008-12-31 12.17x 2.12x 0.92x 0.13x 5.85x
2007-12-31 6.79x 2.68x 0.93x 0.23x 4.13x
2006-12-31 8.28x 2.39x 0.93x 0.18x 3.78x
2005-12-31 8.26x 2.54x 0.93x 1.54x 4.07x
2004-12-31 8.43x 2.47x 0.93x 1.64x 4.67x
2003-12-31 8.46x 2.52x 0.93x 0.36x 4.07x
2002-12-31 8.30x 2.37x 0.93x 1.62x 3.33x
2001-12-31 9.92x 2.84x 0.93x 1.28x 3.20x
2000-12-31 8.09x 2.52x 0.93x 1.23x 2.71x
1999-12-31 8.64x 1.53x 0.93x 1.28x 1.95x
1998-12-31 0.56x 0.90x 0.91x 1.35x 1.33x
1997-12-31 0.59x 1.24x 0.91x 1.37x 2.08x
1996-12-31 0.71x 0.80x 0.90x 1.39x 1.42x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Dec 09, 2024 Jennifer K Hopkins N/A Sale 5.81K $67.56 $392.59K
Nov 22, 2024 Mark A Frank N/A Sale 432.00 $67.24 $29.05K
Nov 11, 2024 John K Schmidt N/A Sale 22.50K $68.32 $1.54M
Aug 09, 2024 Lo B. Nestman N/A Sale 4.39K $50.14 $220.06K
Jun 30, 2024 Kevin L Thompson N/A Purchase 317.00 $39.42 $12.50K
Jun 30, 2024 Lo B Nestman N/A Purchase 268.00 $39.42 $10.56K
Jun 12, 2024 Robert B Engel N/A Sale 5.93K $25.20 $149.39K
Jun 10, 2024 Robert B Engel N/A Sale 1.00 $25.20 $25.20
May 07, 2024 Robert B Engel N/A Sale 7.60K $25.26 $191.98K

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