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Jun 30, 2022
Heartland Financial Q2 2022 Earnings Report
Reported excellent results driven by loan growth, solid credit metrics, and improved efficiency.
Key Takeaways
Heartland Financial reported excellent second-quarter results with significant loan growth, solid credit metrics, and an improved efficiency ratio. Net income available to common stockholders was $49.9 million, and diluted earnings per common share were $1.17.
Quarterly loan growth of $551.9 million or 5%, exclusive of Paycheck Protection Program (PPP) loans.
Quarterly net income available to common stockholders of $49.9 million.
Efficiency ratio of 57.66%.
Diluted earnings per common share of $1.17.
Forward Guidance
HTLF's second quarter results were excellent and exceeded our expectations. Our tremendous loan growth, solid credit metrics and an improved efficiency ratio are attributable to the continued execution of our growth strategies and provide strong momentum going into the third quarter.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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