AP NEWS

Heartland Financial: 4Q Earnings Snapshot

January 27, 2020 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTLF at https://www.zacks.com/ap/HTLF