Heartland Financial USA Past Earnings Performance
Past criteria checks 1/6
Heartland Financial USA's earnings have been declining at an average annual rate of -4.5%, while the Banks industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 3.1% per year. Heartland Financial USA's return on equity is 4%, and it has net margins of 13.5%.
Key information
-4.5%
Earnings growth rate
-8.0%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 3.1% |
| Return on equity | 4.0% |
| Net Margin | 13.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Heartland Financial USA makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 571 | 77 | 364 | 0 |
| 30 Jun 24 | 546 | 61 | 360 | 0 |
| 31 Mar 24 | 556 | 71 | 360 | 0 |
| 31 Dec 23 | 553 | 72 | 357 | 0 |
| 30 Sep 23 | 713 | 203 | 354 | 0 |
| 30 Jun 23 | 720 | 211 | 355 | 0 |
| 31 Mar 23 | 719 | 214 | 353 | 0 |
| 31 Dec 22 | 707 | 204 | 360 | 0 |
| 30 Sep 22 | 693 | 193 | 364 | 0 |
| 30 Jun 22 | 692 | 192 | 366 | 0 |
| 31 Mar 22 | 696 | 202 | 364 | 0 |
| 31 Dec 21 | 700 | 212 | 350 | 0 |
| 30 Sep 21 | 671 | 202 | 340 | 0 |
| 30 Jun 21 | 643 | 194 | 324 | 0 |
| 31 Mar 21 | 590 | 164 | 312 | 0 |
| 31 Dec 20 | 536 | 133 | 301 | 0 |
| 30 Sep 20 | 522 | 134 | 295 | 0 |
| 30 Jun 20 | 505 | 123 | 294 | 0 |
| 31 Mar 20 | 529 | 138 | 297 | 0 |
| 31 Dec 19 | 545 | 149 | 295 | 0 |
| 30 Sep 19 | 537 | 143 | 292 | 0 |
| 30 Jun 19 | 539 | 143 | 294 | 0 |
| 31 Mar 19 | 511 | 125 | 291 | 0 |
| 31 Dec 18 | 493 | 117 | 284 | 0 |
| 30 Sep 18 | 479 | 98 | 280 | 0 |
| 30 Jun 18 | 453 | 86 | 269 | 0 |
| 31 Mar 18 | 429 | 80 | 254 | 0 |
| 31 Dec 17 | 411 | 75 | 248 | 0 |
| 30 Sep 17 | 397 | 81 | 238 | 0 |
| 30 Jun 17 | 385 | 79 | 230 | 0 |
| 31 Mar 17 | 389 | 78 | 231 | 0 |
| 31 Dec 16 | 394 | 80 | 228 | 0 |
| 30 Sep 16 | 377 | 75 | 220 | 0 |
| 30 Jun 16 | 361 | 70 | 214 | 0 |
| 31 Mar 16 | 338 | 64 | 205 | 0 |
| 31 Dec 15 | 321 | 59 | 198 | 0 |
| 30 Sep 15 | 311 | 57 | 194 | 0 |
| 30 Jun 15 | 299 | 54 | 189 | 0 |
| 31 Mar 15 | 288 | 50 | 184 | 0 |
| 31 Dec 14 | 266 | 41 | 177 | 0 |
| 30 Sep 14 | 258 | 37 | 176 | 0 |
| 30 Jun 14 | 245 | 32 | 171 | 0 |
| 31 Mar 14 | 237 | 30 | 167 | 0 |
| 31 Dec 13 | 240 | 36 | 163 | 0 |
Quality Earnings: 1H4 has high quality earnings.
Growing Profit Margin: 1H4's current net profit margins (13.5%) are lower than last year (28.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1H4's earnings have declined by 4.5% per year over the past 5 years.
Accelerating Growth: 1H4's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1H4 had negative earnings growth (-62%) over the past year, making it difficult to compare to the Banks industry average (13.2%).
Return on Equity
High ROE: 1H4's Return on Equity (4%) is considered low.