Heartland Financial: 4Q Earnings Snapshot
DUBUQUE, Iowa (AP) _ Heartland Financial USA Inc. (HTLF) on Monday reported fourth-quarter net income of $37.9 million.
The Dubuque, Iowa-based bank said it had earnings of $1.03 per share.
The multibank holding company posted revenue of $161.2 million in the period. Its revenue net of interest expense was $140.8 million, which beat Street forecasts.
For the year, the company reported profit of $149.1 million, or $4.14 per share. Revenue was reported as $549.9 million.
Heartland Financial shares have fallen nearly 5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $47.30, dropping slightly in the last 12 months.