Heartland Financial USA

Founded in 1981, Heartland Financial USA, Inc. is a multi-billion multibank holding company offering uniquely different banking solutions for business and personal clients. Heartland's independent community banks are chartered in the states of Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California, with a total of 108 banking locations serving 85 communities and 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 delivers high-quality financial products and service to clients in the Midwestern, Southwestern and Western United States. Heartland's common stock is traded through the NASDAQ® Global Select Market System under the symbol “HTLF.”
Company Growth (employees)
Type
Public
HQ
Dubuque, US
Founded
1981
Size (employees)
1,862 (est)-1%
Website
htlf.com
Heartland Financial USA was founded in 1981 and is headquartered in Dubuque, US

Heartland Financial USA Office Locations

Heartland Financial USA has an office in Dubuque
Dubuque, US (HQ)
1398 Central Ave

Heartland Financial USA Financials and Metrics

Heartland Financial USA Financials

Heartland Financial USA's revenue was reported to be $440.1 m in FY, 2016
USD

Net income (Q3, 2017)

21.6 m

EBIT (Q3, 2017)

84.1 m

Market capitalization (11-Dec-2017)

1.5 b

Cash (30-Sep-2017)

251.7 m
Heartland Financial USA's current market capitalization is $1.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

199.5 m319.3 m376.7 m440.1 m

Revenue growth, %

60%18%17%

Cost of goods sold

35.7 m34 m32 m31.8 m

Gross profit

163.8 m285.3 m344.7 m408.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

96.1 m92.2 m110.3 m112.4 m110.2 m106.4 m107.7 m

Cost of goods sold

7.8 m7.5 m8 m8.2 m8 m7.5 m7.5 m

Gross profit

88.3 m84.7 m102.3 m104.1 m102.2 m98.9 m100.2 m

Gross profit Margin, %

92%92%93%93%93%93%93%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

125.3 m73.9 m258.8 m158.7 m

Goodwill

35.6 m35.6 m97.9 m127.7 m

Total Assets

5.9 b6.1 b7.7 b8.2 b

Accounts Payable

6.8 b
USDQ3, 2013Q1, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

165 m88.6 m119.7 m91.1 m133.2 m230 m202.1 m173.2 m181.8 m251.7 m

Goodwill

30.6 m35.6 m54.2 m56.8 m127.7 m127.7 m127.7 m141.5 m141.5 m236.6 m

Total Assets

4.9 b5.7 b6.7 b6.8 b8.3 b8.2 b8.2 b8.4 b8.2 b9.8 b

Accounts Payable

3.9 b4.7 b5.3 b5.5 b6.9 b6.8 b6.9 b7.1 b6.9 b
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    36.9 m41.9 m60 m80.3 m

    Depreciation and Amortization

    17.2 m17.8 m24 m30.8 m

    Accounts Payable

    (949 k)(1.3 m)(1.4 m)(835 k)

    Cash From Operating Activities

    135.6 m80.4 m101.5 m148.2 m
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    28.9 m6.9 m17.7 m29.6 m15.7 m30.9 m45.5 m20 m41 m61.2 m18 m40 m21.6 m

    Depreciation and Amortization

    12.6 m4.1 m8.5 m13 m5.7 m11.2 m16.3 m7.7 m14.8 m23 m7 m14.6 m

    Accounts Payable

    (843 k)(750 k)(1.2 m)(867 k)(177 k)(406 k)

    Cash From Operating Activities

    95.9 m11.5 m7.5 m29.1 m(18.2 m)9 m53.6 m23.3 m50.4 m95.6 m33.8 m71.9 m129.9 m
      Y, 2017

      Financial Leverage

      9.9 x
      Show all financial metrics

      Heartland Financial USA Operating Metrics

      Heartland Financial USA's Total Loans Issued was reported to be $5.3 b in Q2, 2017. Heartland Financial USA's Assets Under Management was reported to be $2 b in FY, 2016, which is a 2% increase from the previous period. Heartland Financial USA's Customers was reported to be 210 k in FY, 2015, which is a 75% increase from the previous period
      FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

      Non-performing Loans

      $25.07 m$27.03 m$26.71 m$33.76 m$39.66 m$48.39 m$57.05 m$57.9 m$64.39 m$63.74 m$66.09 m

      Total Loans Issued

      $3.88 b$4.24 b$4.45 b$4.64 b$5 b$5.5 b$5.48 b$5.44 b$5.35 b$5.36 b$5.33 b

      Locations

      86108112

      Customers

      120 k210 k
      Show all operating metrics

      Heartland Financial USA Market Value History

      Heartland Financial USA's Web-traffic and Trends

      Heartland Financial USA Online and Social Media Presence

      Heartland Financial USA Company Life and Culture

      You may also be interested in