HLAN Stock Overview

Operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. More details

HLAN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 34.4% below our estimate of its fair value

Earnings grew by 3.3% over the past year

Pays a reliable dividend of 1.99%

Risk Analysis

No risks detected for HLAN from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Heartland BancCorp Competitors

FS Bancorp

NasdaqCM:FSBW

US$327.0m

BayCom

NasdaqGS:BCML

US$296.0m

ChoiceOne Financial Services

NasdaqCM:COFS

US$321.5m

Citizens Financial Services

NasdaqCM:CZFS

US$315.0m

Price History & Performance

Summary of share price highs, lows and changes for Heartland BancCorp
Historical stock prices
Current Share Price	US$152.50
52 Week High	US$169.40
52 Week Low	US$84.00
Beta	0.43
1 Month Change	-6.44%
3 Month Change	3.57%
1 Year Change	75.19%
3 Year Change	69.44%
5 Year Change	n/a
Change since IPO	1,290.26%

Recent updates

Shareholder Returns

	HLAN	US Banks	US Market
7D	-6.4%	-3.4%	-2.4%
1Y	75.2%	29.1%	23.4%

Return vs Industry: HLAN exceeded the US Banks industry which returned 29.1% over the past year.

Return vs Market: HLAN exceeded the US Market which returned 23.4% over the past year.

Price Volatility

Is HLAN's price volatile compared to industry and market?
HLAN volatility
HLAN Average Weekly Movement	5.5%
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: HLAN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HLAN's weekly volatility has decreased from 11% to 6% over the past year.

About the Company

Founded	Employees	CEO	Website
1911	298	Gregory McComb	www.heartland.bank

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 business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.

Heartland BancCorp Fundamentals Summary

How do Heartland BancCorp's earnings and revenue compare to its market cap?
HLAN fundamental statistics
Market cap	US$309.12m
Earnings (TTM)	US$19.89m
Revenue (TTM)	US$72.00m

15.5x

P/E Ratio

1.8x

P/B Ratio

Is HLAN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HLAN income statement (TTM)
Revenue	US$72.00m
Cost of Revenue	US$0
Gross Profit	US$72.00m
Other Expenses	US$52.12m
Earnings	US$19.89m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	9.81
Gross Margin	100.00%
Net Profit Margin	27.62%
Debt/Equity Ratio	22.5%

How did HLAN perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

31%

Payout Ratio

Does HLAN pay a reliable dividends?

See HLAN dividend history and benchmarks

When do you need to buy HLAN by to receive an upcoming dividend?
Heartland BancCorp dividend dates
Ex Dividend Date	Dec 13 2024
Dividend Pay Date	Dec 30 2024
Days until Ex dividend	10 days
Days until Dividend pay date	7 days

Does HLAN pay a reliable dividends?

See HLAN dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 13:12
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Heartland BancCorp is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nathan Race	Piper Sandler Companies