Heartland Financial Q4 2019 Earnings Report
Key Takeaways
Heartland Financial USA, Inc. reported net income available to common stockholders of $37.9 million, or $1.03 per diluted common share, for the quarter ended December 31, 2019, compared to $32.1 million, or $0.93 per diluted common share, for the fourth quarter of 2018.
Record annual net income available to common stockholders of $149.1 million, an increase of $32.2 million or 28% from $117.0 million for 2018
Quarterly net income available to common stockholders of $37.9 million or $1.03 per diluted common share in comparison with $32.1 million or $0.93 per diluted common share for the fourth quarter of the prior year
Net interest margin of 3.86%, fully tax-equivalent (non-GAAP) of 3.90% for the fourth quarter of 2019
Completed the acquisition of substantially all of the assets and deposits and certain other liabilities of Rockford Bank and Trust Company
Heartland Financial
Heartland Financial
Forward Guidance
No forward guidance provided in the earnings report.