| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
HTLF Stock Overview
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.
Heartland Financial USA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$42.40 |
| 52 Week High | US$54.00 |
| 52 Week Low | US$40.34 |
| Beta | 1.17 |
| 1 Month Change | -4.98% |
| 3 Month Change | -11.32% |
| 1 Year Change | -9.15% |
| 3 Year Change | -5.78% |
| 5 Year Change | -10.64% |
| Change since IPO | 1,111.43% |
Recent News & Updates
With EPS Growth And More, Heartland Financial USA (NASDAQ:HTLF) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Shareholder Returns
| HTLF | US Banks | US Market | |
|---|---|---|---|
| 7D | 0.3% | -1.9% | -2.5% |
| 1Y | -9.1% | -18.3% | -21.2% |
Return vs Industry: HTLF exceeded the US Banks industry which returned -18.3% over the past year.
Return vs Market: HTLF exceeded the US Market which returned -21.2% over the past year.
Price Volatility
| HTLF volatility | |
|---|---|
| HTLF Average Weekly Movement | 3.5% |
| Banks Industry Average Movement | 3.8% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: HTLF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HTLF's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 2,208 | Bruce Lee | https://www.htlf.com |
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 deposit products, including checking and other demand deposit accounts; NOW, savings, money market, individual retirement, and health savings accounts; certificates of deposit; and other time deposits. The company also offers commercial and industrial loans; commercial real estate loans; real estate mortgage loans; small business loans; agricultural loans; consumer loans comprising motor vehicle and home improvement loans, home equity line of credit, and fixed rate home equity and personal lines of credit; and credit cards for commercial, business, and personal use.
Heartland Financial USA Fundamentals Summary
| HTLF fundamental statistics | |
|---|---|
| Market Cap | US$1.80b |
| Earnings (TTM) | US$202.15m |
| Revenue (TTM) | US$695.72m |
8.9x
P/E Ratio1.0x
P/B RatioIs HTLF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HTLF income statement (TTM) | |
|---|---|
| Revenue | US$695.72m |
| Cost of Revenue | US$0 |
| Gross Profit | US$695.72m |
| Other Expenses | US$493.57m |
| Earnings | US$202.15m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.77 |
| Gross Margin | 100.00% |
| Net Profit Margin | 29.06% |
| Debt/Equity Ratio | 25.4% |
How did HTLF perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield21%
Payout RatioValuation
Is HTLF undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HTLF?
Other financial metrics that can be useful for relative valuation.
| What is HTLF's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$1.80b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 0.9x |
Price to Earnings Ratio vs Peers
How does HTLF's PE Ratio compare to its peers?
| HTLF PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 16.2x | ||
NWBI Northwest Bancshares | 11.7x | 2.3% | US$1.6b |
PRK Park National | 13.1x | -2.2% | US$2.0b |
SYBT Stock Yards Bancorp | 29.5x | 32.4% | US$1.8b |
TOWN TowneBank | 10.3x | 4.1% | US$2.0b |
HTLF Heartland Financial USA | 8.9x | 10.1% | US$1.8b |
Price-To-Earnings vs Peers: HTLF is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (16.2x).
Price to Earnings Ratio vs Industry
How does HTLF's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: HTLF is good value based on its Price-To-Earnings Ratio (8.9x) compared to the US Banks industry average (9.5x)
Price to Earnings Ratio vs Fair Ratio
What is HTLF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 8.9x |
| Fair PE Ratio | 13.6x |
Price-To-Earnings vs Fair Ratio: HTLF is good value based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).
Share Price vs Fair Value
What is the Fair Price of HTLF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HTLF ($42.4) is trading below our estimate of fair value ($115.22)
Significantly Below Fair Value: HTLF is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: HTLF is good value based on its PEG Ratio (0.9x)
Discover undervalued companies
Future Growth
How is Heartland Financial USA forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HTLF's forecast earnings growth (10.1% per year) is above the savings rate (1.9%).
Earnings vs Market: HTLF's earnings (10.1% per year) are forecast to grow slower than the US market (13.6% per year).
High Growth Earnings: HTLF's earnings are forecast to grow, but not significantly.
Revenue vs Market: HTLF's revenue (6.3% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: HTLF's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HTLF's Return on Equity is forecast to be low in 3 years time (10.7%).
Discover growth companies
Past Performance
How has Heartland Financial USA performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
20.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HTLF has high quality earnings.
Growing Profit Margin: HTLF's current net profit margins (29.1%) are higher than last year (27.8%).
Past Earnings Growth Analysis
Earnings Trend: HTLF's earnings have grown significantly by 20.4% per year over the past 5 years.
Accelerating Growth: HTLF's earnings growth over the past year (23.1%) exceeds its 5-year average (20.4% per year).
Earnings vs Industry: HTLF earnings growth over the past year (23.1%) exceeded the Banks industry 20.8%.
Return on Equity
High ROE: HTLF's Return on Equity (10.9%) is considered low.
Discover strong past performing companies
Financial Health
How is Heartland Financial USA's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
6/6Financial Health Score 6/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HTLF's Assets to Equity ratio (10x) is low.
Allowance for Bad Loans: HTLF has a sufficient allowance for bad loans (156%).
Low Risk Liabilities: 96% of HTLF's liabilities are made up of primarily low risk sources of funding.
Loan Level: HTLF has an appropriate level of Loans to Assets ratio (52%).
Low Risk Deposits: HTLF's Loans to Deposits ratio (60%) is appropriate.
Level of Bad Loans: HTLF has an appropriate level of bad loans (0.6%).
Discover healthy companies
Dividend
What is Heartland Financial USA current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.55%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HTLF's dividend (2.55%) is higher than the bottom 25% of dividend payers in the US market (1.6%).
High Dividend: HTLF's dividend (2.55%) is low compared to the top 25% of dividend payers in the US market (4.25%).
Stability and Growth of Payments
Stable Dividend: HTLF's dividend payments have been volatile in the past 10 years.
Growing Dividend: HTLF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.1%), HTLF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HTLF's dividends in 3 years are forecast to be well covered by earnings (21% payout ratio).
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Bruce Lee (61 yo)
7.5yrs
Tenure
US$2,852,290
Compensation
Mr. Bruce K. Lee has been the President of Heartland Financial USA, Inc. since January 02, 2015 and has been its Director since May 17, 2017. He has been Chief Executive Officer of Heartland Financial USA,...
CEO Compensation Analysis
Compensation vs Market: Bruce's total compensation ($USD2.85M) is below average for companies of similar size in the US market ($USD5.56M).
Compensation vs Earnings: Bruce's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: HTLF's management team is considered experienced (4.6 years average tenure).
Board Members
Experienced Board: HTLF's board of directors are considered experienced (4.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Heartland Financial USA, Inc.'s 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
- Implied Market Cap: US$1.796b
- Shares outstanding: 42.37m
- Website: https://www.htlf.com
Number of Employees
Location
- Heartland Financial USA, Inc.
- 1398 Central Avenue
- Dubuque
- Iowa
- 52001
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.