Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. More Details
No risks detected for HLAN from our risk checks.
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Heartland BancCorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HLAN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: HLAN's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HLAN underperformed the US Banks industry which returned 54.9% over the past year.
Return vs Market: HLAN underperformed the US Market which returned 36.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Heartland BancCorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Heartland BancCorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HLAN ($92) is trading below our estimate of fair value ($152.73)
Significantly Below Fair Value: HLAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HLAN is good value based on its PE Ratio (10.4x) compared to the US Banks industry average (10.9x).
PE vs Market: HLAN is good value based on its PE Ratio (10.4x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: HLAN is poor value based on its PEG Ratio (23.1x)
Price to Book Ratio
PB vs Industry: HLAN is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Heartland BancCorp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HLAN's forecast earnings growth (0.5% per year) is below the savings rate (2%).
Earnings vs Market: HLAN's earnings (0.5% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: HLAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: HLAN's revenue (5.3% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: HLAN's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HLAN's Return on Equity is forecast to be low in 3 years time (10.5%).
How has Heartland BancCorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLAN has high quality earnings.
Growing Profit Margin: HLAN's current net profit margins (29.5%) are higher than last year (26.8%).
Past Earnings Growth Analysis
Earnings Trend: HLAN's earnings have grown by 15.1% per year over the past 5 years.
Accelerating Growth: HLAN's earnings growth over the past year (35.2%) exceeds its 5-year average (15.1% per year).
Earnings vs Industry: HLAN earnings growth over the past year (35.2%) exceeded the Banks industry 32.1%.
Return on Equity
High ROE: HLAN's Return on Equity (12%) is considered low.
How is Heartland BancCorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: HLAN's Assets to Equity ratio (10.3x) is moderate.
Allowance for Bad Loans: HLAN has a sufficient allowance for bad loans (433%).
Low Risk Liabilities: 95% of HLAN's liabilities are made up of primarily low risk sources of funding.
Loan Level: HLAN has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: HLAN's Loans to Deposits ratio (87%) is appropriate.
Level of Bad Loans: HLAN has an appropriate level of bad loans (0.3%).
What is Heartland BancCorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HLAN's dividend (2.73%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: HLAN's dividend (2.73%) is low compared to the top 25% of dividend payers in the US market (3.52%).
Stability and Growth of Payments
Stable Dividend: HLAN's dividends per share have been stable in the past 10 years.
Growing Dividend: HLAN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.1%), HLAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HLAN's dividends in 3 years are forecast to be well covered by earnings (31% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Gregory Scott McComb has been the Chairman of Heartland BancCorp., since 2011 and serves as its Chief Executive Officer since 2009. He serves as President of Heartland BancCorp. Mr. McComb serves as th...
Experienced Management: HLAN's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: HLAN's board of directors are considered experienced (8.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Heartland BancCorp's company bio, employee growth, exchange listings and data sources
- Name: Heartland BancCorp
- Ticker: HLAN
- Exchange: OTCPK
- Founded: 1911
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$183.623m
- Shares outstanding: 2.00m
- Website: https://www.heartland.bank
Number of Employees
- Heartland BancCorp
- 430 North Hamilton Road
- United States
Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and busine...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/29 23:43|
|End of Day Share Price||2021/07/26 00:00|
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.