Heartland Financial USA
Market Cap
US$1.6b
Last Updated
2019/08/21 23:38 UTC
Data Sources
Company Financials +
Executive Summary
Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States.
Snowflake
Fundamentals
Excellent balance sheet and good value.
Similar Companies
Share Price & News
How has Heartland Financial USA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.2%
NasdaqGS:HTLF
2.4%
US Banks
2.9%
US Market
1 Year Return
-28.7%
NasdaqGS:HTLF
-14.8%
US Banks
0.2%
US Market
HTLF underperformed the Banks industry which returned -15.3% over the past year.
HTLF underperformed the Market in United States of America which returned -0.7% over the past year.
Share holder returns
| HTLF | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 2.4% | 2.9% |
| 30 Day | 1.5% | -6.3% | -2.3% |
| 90 Day | 6.8% | -2.1% | 3.1% |
| 1 Year | -27.6%-28.7% | -12.4%-14.8% | 2.4%0.2% |
| 3 Year | 29.4%24.7% | 41.7%32.0% | 41.7%32.4% |
| 5 Year | 96.2%84.2% | 52.2%35.7% | 55.1%37.9% |
Price Volatility Vs. Market
How volatile is Heartland Financial USA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Shareholders Are Loving Heartland Financial USA, Inc.'s (NASDAQ:HTLF) 1.8% Yield2 weeks ago | Simply Wall St
Here's What We Like About Heartland Financial USA, Inc. (NASDAQ:HTLF)'s Upcoming Dividend3 weeks ago | Simply Wall St
Is Heartland Financial USA's (NASDAQ:HTLF) Share Price Gain Of 101% Well Earned?Valuation
Is Heartland Financial USA undervalued based on future cash flows and its price relative to the stock market?
30%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Heartland Financial USA's share price is below the future cash flow value, and at a moderate discount (> 20%).
Heartland Financial USA's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Heartland Financial USA is good value based on earnings compared to the US Banks industry average.
Heartland Financial USA is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Heartland Financial USA is poor value based on expected growth next year.
Price Based on Value of Assets
Heartland Financial USA is good value based on assets compared to the US Banks industry average.
Next Steps
Future Growth
How is Heartland Financial USA expected to perform in the next 1 to 3 years based on estimates from 6 analysts?
2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Heartland Financial USA's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Heartland Financial USA's earnings are expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
Heartland Financial USA's revenue growth is positive but not above the United States of America market average.
Heartland Financial USA's earnings growth is positive but not above the United States of America market average.
Heartland Financial USA's earnings growth is positive but not above the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Heartland Financial USA will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Heartland Financial USA performed over the past 5 years?
22.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Heartland Financial USA has delivered over 20% year on year earnings growth in the past 5 years.
Heartland Financial USA's 1-year earnings growth exceeds its 5-year average (64.9% vs 22.8%)
Heartland Financial USA's earnings growth has exceeded the US Banks industry average in the past year (64.9% vs 33.2%).
Return on Equity
Heartland Financial USA has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Heartland Financial USA used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Heartland Financial USA improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is Heartland Financial USA's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Information is not available.
Information is not available.
Financial Institutions Analysis
Heartland Financial USA has an acceptable proportion of non-loan assets held.
Heartland Financial USA has a low allowance for bad loans.
Heartland Financial USA's liabilities are made up of primarily low risk sources of funding.
Heartland Financial USA's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
Loans at Heartland Financial USA are broadly funded by customer deposits.
Heartland Financial USA has an acceptable level of bad loans (less than 2%).
Next Steps
Dividend
What is Heartland Financial USA's current dividend yield, its reliability and sustainability?
1.62%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Heartland Financial USA's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
Heartland Financial USA's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are thoroughly covered by earnings (6.8x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Heartland Financial USA's salary, the management and board of directors tenure and is there insider trading?
3.6yrs
Average management tenure
CEO
Bruce Lee (58yo)
1.2yrs
Tenure
US$1,492,045
Compensation
Mr. Bruce K. Lee has been the President of Heartland Financial USA, Inc. since January 02, 2015 and has been it Director since May 17, 2017. He also serves as CEO of Heartland Financial USA, Inc. since Jun ...
CEO Compensation Analysis
Bruce's remuneration is lower than average for companies of similar size in United States of America.
Bruce's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
3.6yrs
Average Tenure
58.5yo
Average Age
The tenure for the Heartland Financial USA management team is about average.
Board Age and Tenure
6.0yrs
Average Tenure
63.5yo
Average Age
The tenure for the Heartland Financial USA board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Legal Officer Executive VP & Senior General Counsel |
| Shares | 1,000 |
| Max Price | US$48.57 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 2,015 |
| Max Price | US$49.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 7,000 |
| Max Price | US$55.04 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 3,544 |
| Max Price | US$54.01 |
Ownership Breakdown
Management Team
Butch Fuller (69yo)
Executive Chairman of the Board
- Tenure: 19.6yrs
- Compensation: US$1.37m
Bruce Lee (58yo)
President
- Tenure: 1.2yrs
- Compensation: US$1.49m
Janet Quick (54yo)
Executive VP
- Tenure: 3.6yrs
Michael Coyle (73yo)
Executive VP & Senior General Counsel
- Tenure: 10.4yrs
Michael Dillman
Senior Vice President of Credit Administration
- Tenure: 10.3yrs
Deb Deters (54yo)
Executive VP & Chief Human Resources Officer
- Tenure: 1.7yrs
Drew Townsend (52yo)
Executive VP & Chief Credit Officer
- Tenure: 3.6yrs
- Compensation: US$599.18k
Brian Fox (70yo)
Executive Vice President of Operations
- Tenure: 8.8yrs
- Compensation: US$622.08k
Bryan McKeag (59yo)
Executive VP & CFO
- Tenure: 5.9yrs
- Compensation: US$783.07k
Laura Hughes
Executive VP & Chief Marketing Officer
- Tenure: 2.0yrs
Board Members
John Schmidt (60yo)
Director
- Tenure: 18.6yrs
- Compensation: US$108.75k
Butch Fuller (69yo)
Executive Chairman of the Board
- Tenure: 19.6yrs
- Compensation: US$1.37m
Mark Falb (71yo)
Vice Chairman of the Board
- Tenure: 18.6yrs
- Compensation: US$113.45k
Tom Flynn (63yo)
Vice Chairman of the Board
- Tenure: 14.6yrs
- Compensation: US$122.81k
Bruce Lee (58yo)
President
- Tenure: 1.2yrs
- Compensation: US$1.49m
Mike McCoy (70yo)
Director
- Tenure: 5.3yrs
- Compensation: US$108.40k
Duane White (64yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: US$107.08k
Kurt Saylor (66yo)
Director
- Tenure: 5.8yrs
- Compensation: US$96.74k
Marty Schmitz (61yo)
Director
- Tenure: 2.6yrs
- Compensation: US$96.37k
Susan Murphy (62yo)
Independent Director
- Tenure: 1.1yrs
- Compensation: US$87.17k
Company Information
Heartland Financial USA, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Heartland Financial USA, Inc.
- Ticker: HTLF
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.614b
- Shares outstanding: 36.69m
- Website: https://www.htlf.com
Number of Employees
Location
- Heartland Financial USA, Inc.
- 1398 Central Avenue
- Dubuque
- Iowa
- 52001
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HTLF | NasdaqGS (Nasdaq Global Select) | Yes | Common Shares | US | USD | Jul 1995 |
| 1H4 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jul 1995 |
Biography
Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. It accepts various deposi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/21 23:38 |
| End of Day Share Price | 2019/08/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.