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)
1,896 (est)+2%
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 Data and Metrics

Heartland Financial USA Financial Metrics

Heartland Financial USA's revenue was reported to be $106.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

106.4 m

Gross profit (Q1, 2017)

98.9 m

Gross profit margin (Q1, 2017), %

93%

Net income (Q1, 2017)

18 m

EBIT (Q1, 2017)

69.4 m

Market capitalization (18-Aug-2017)

1.2 b

Cash (31-Mar-2017)

173.2 m
Heartland Financial USA's current market capitalization is $1.2 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

199.5 m237 m266 m326.5 m

Revenue growth, %

19%12%23%

Cost of goods sold

35.7 m34 m32 m31.8 m

Gross profit

163.8 m203.1 m234 m294.7 m

Gross profit Margin, %

82%86%88%90%

Sales and marketing expense

170 m

Operating expense total

170 m

EBIT

47.2 m55 m80.9 m283 m

EBIT margin, %

24%23%30%87%

Interest income

163.8 m203.1 m234 m294.7 m

Pre tax profit

47.2 m55 m80.9 m116.9 m

Income tax expense

9.8 m10.3 m17.4 m10.3 m13.1 m20.9 m

Net Income

36.9 m41.9 m60 m80.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

92%92%93%93%93%93%

Sales and marketing expense

38.2 m38.4 m43 m43.5 m42.1 m44.2 m

Operating expense total

38.2 m38.4 m43 m43.5 m42.1 m44.2 m

EBIT

57.6 m59.7 m72.7 m73.1 m68.4 m69.4 m

EBIT margin, %

60%65%66%65%62%65%

Pre tax profit

19.1 m19.5 m29.9 m28.5 m

Income tax expense

(3.5 m)372 k(2.9 m)4 m4.9 m10 m8.3 m5.5 m

Net Income

17.7 m29.6 m15.7 m30.9 m45.5 m20 m41 m61.2 m18 m
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

Total Debt

306.5 m

Total Liabilities

7.5 b

Common Stock

18.4 m18.5 m22.4 m26.1 m

Additional Paid-in Capital

91.6 m95.8 m216.4 m328.4 m

Retained Earnings

265.1 m298.8 m348.6 m416.1 m

Total Equity

439.5 m496.3 m663.2 m740.9 m

Debt to Equity Ratio

0.4 x

Debt to Assets Ratio

0 x

Financial Leverage

13.5 x12.2 x11.6 x11.1 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

119.7 m91.1 m133.2 m230 m202.1 m173.2 m

Goodwill

54.2 m56.8 m127.7 m127.7 m127.7 m141.5 m

Total Assets

6.7 b6.8 b8.3 b8.2 b8.2 b8.4 b

Accounts Payable

5.3 b5.5 b6.9 b6.8 b6.9 b7.1 b

Common Stock

20.6 m20.6 m24.5 m24.5 m24.7 m26.7 m

Additional Paid-in Capital

148.8 m149.6 m273.3 m274.7 m279.3 m351.4 m

Retained Earnings

325.1 m337.4 m366 m384.5 m402.2 m431.2 m

Total Equity

579.2 m591 m669.5 m688 m704.4 m781.3 m

Financial Leverage

11.6 x11.5 x12.3 x11.9 x11.6 x10.7 x
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

Capital Expenditures

(10.5 m)(6.6 m)(8.1 m)(10.3 m)

Cash From Investing Activities

(324 m)(193.7 m)(69 m)

Dividends Paid

(8 m)(8.2 m)(10.2 m)(12.9 m)

Cash From Financing Activities

145.6 m61.9 m152.4 m(255.1 m)

Interest Paid

36.6 m35.3 m33.4 m32.6 m

Free Cash Flow

146.1 m87 m109.6 m137.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

17.7 m29.6 m15.7 m30.9 m45.5 m20 m41 m61.2 m18 m

Depreciation and Amortization

8.5 m13 m5.7 m11.2 m16.3 m7.7 m14.8 m23 m7 m

Accounts Payable

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

Cash From Operating Activities

7.5 m29.1 m(18.2 m)9 m53.6 m23.3 m50.4 m95.6 m33.8 m

Capital Expenditures

(4.2 m)(5.7 m)(2.9 m)(4 m)(5 m)(898 k)(7.4 m)(8.3 m)(3.6 m)

Cash From Investing Activities

(64.7 m)130.4 m74.1 m168.7 m80.4 m

Dividends Paid

(4.1 m)(6.1 m)(2.3 m)(4.5 m)(6.8 m)(2.6 m)(5.1 m)(7.6 m)(2.9 m)

Cash From Financing Activities

(37.8 m)(21.8 m)(74.4 m)128.3 m(40.3 m)(222.9 m)(303.1 m)(321 m)(99.8 m)

Interest Paid

18 m26.9 m8.5 m20.8 m24.7 m7.3 m16.6 m23.9 m6.7 m

Free Cash Flow

3.3 m23.4 m(21.1 m)5 m48.7 m22.4 m43.1 m87.2 m30.2 m
USDY, 2017

Revenue/Employee

56.6 k

Financial Leverage

10.7 x

Heartland Financial USA Market Value History

Traffic Overview of Heartland Financial USA

Heartland Financial USA Online and Social Media Presence

Heartland Financial USA Company Life and Culture

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