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Heartland Financial USA

Market Cap

US$2.1b

Last Updated

2021/05/09 22:30 UTC

Data Sources

Company Financials +

Executive Summary

Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking products and services to individuals and businesses in the United States. More Details


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.


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

Stable Share Price: HTLF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HTLF's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0.2%

HTLF

4.1%

US Banks

0.2%

US Market


1 Year Return

55.4%

HTLF

78.4%

US Banks

49.9%

US Market

Return vs Industry: HTLF underperformed the US Banks industry which returned 78.4% over the past year.

Return vs Market: HTLF exceeded the US Market which returned 49.9% over the past year.


Shareholder returns

HTLFIndustryMarket
7 Day0.2%4.1%0.2%
30 Day0.2%5.8%1.5%
90 Day10.7%21.5%3.3%
1 Year59.1%55.4%83.9%78.4%52.4%49.9%
3 Year-3.3%-8.0%28.8%17.9%63.7%53.4%
5 Year61.9%50.3%120.0%92.3%130.6%104.9%

Long-Term 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

Valuation

Is Heartland Financial USA undervalued compared to its fair value and its price relative to the market?

41.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HTLF ($50.39) is trading below our estimate of fair value ($86.6)

Significantly Below Fair Value: HTLF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HTLF is poor value based on its PE Ratio (14.1x) compared to the US Banks industry average (12x).

PE vs Market: HTLF is good value based on its PE Ratio (14.1x) compared to the US market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: HTLF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: HTLF's PB Ratio (1.1x) is in line with the US Banks industry average.


Future Growth

How is Heartland Financial USA forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-0.06%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HTLF's earnings are forecast to decline over the next 3 years (-0.06% per year).

Earnings vs Market: HTLF's earnings are forecast to decline over the next 3 years (-0.06% per year).

High Growth Earnings: HTLF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HTLF's revenue (4.2% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: HTLF's revenue (4.2% 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 (8.7%).


Past Performance

How has Heartland Financial USA performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HTLF has high quality earnings.

Growing Profit Margin: HTLF's current net profit margins (28%) are higher than last year (25.4%).


Past Earnings Growth Analysis

Earnings Trend: HTLF's earnings have grown by 17.7% per year over the past 5 years.

Accelerating Growth: HTLF's earnings growth over the past year (19.3%) exceeds its 5-year average (17.7% per year).

Earnings vs Industry: HTLF earnings growth over the past year (19.3%) exceeded the Banks industry 17.6%.


Return on Equity

High ROE: HTLF's Return on Equity (8.3%) is considered low.


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


Financial Institutions Analysis

Asset Level: HTLF's Assets to Equity ratio (8.9x) is low.

Allowance for Bad Loans: HTLF has a sufficient allowance for bad loans (142%).

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 (54%).

Low Risk Deposits: HTLF's Loans to Deposits ratio (64%) is appropriate.

Level of Bad Loans: HTLF has an appropriate level of bad loans (0.9%).


Dividend

What is Heartland Financial USA current dividend yield, its reliability and sustainability?

1.75%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 10 2021Ex Dividend DateMay 14 2021Dividend Pay DateMay 31 202117 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: HTLF's dividend (1.75%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: HTLF's dividend (1.75%) is low compared to the top 25% of dividend payers in the US market (3.4%).


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

Dividend Coverage: With its low payout ratio (22.9%), 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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Bruce Lee (59 yo)

2.92yrs

Tenure

US$2,245,882

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 Chief Executive Officer of Heartland Financial...


CEO Compensation Analysis

Compensation vs Market: Bruce's total compensation ($USD2.25M) is below average for companies of similar size in the US market ($USD3.74M).

Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HTLF's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: HTLF's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HTLF insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.6%.


Top Shareholders

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$2.125b
  • Shares outstanding: 42.18m
  • Website: https://www.htlf.com

Number of Employees


Location

  • Heartland Financial USA, Inc.
  • 1398 Central Avenue
  • PO Box 778
  • Dubuque
  • Iowa
  • 52001
  • United States

Listings


Biography

Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking products and services to individuals and businesses in the United States. It accepts v...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 22:30
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.