Heartland Financial USA Inc
NASDAQ:HTLF
Income Statement
Income Statement
Heartland Financial USA Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Net Interest Income |
164
|
174
|
186
|
197
|
203
|
208
|
215
|
223
|
234
|
253
|
268
|
282
|
295
|
295
|
297
|
313
|
330
|
349
|
376
|
397
|
414
|
425
|
431
|
431
|
434
|
443
|
461
|
472
|
492
|
519
|
536
|
556
|
561
|
556
|
557
|
570
|
598
|
616
|
620
|
610
|
601
|
|
Interest Income |
200
|
209
|
221
|
232
|
237
|
243
|
249
|
256
|
266
|
284
|
300
|
314
|
327
|
326
|
327
|
345
|
364
|
384
|
416
|
442
|
466
|
485
|
499
|
507
|
514
|
525
|
531
|
529
|
537
|
553
|
567
|
586
|
589
|
583
|
587
|
614
|
675
|
750
|
833
|
903
|
954
|
|
Interest Expense |
36
|
35
|
35
|
35
|
34
|
35
|
34
|
33
|
32
|
31
|
31
|
32
|
32
|
31
|
31
|
32
|
33
|
35
|
40
|
45
|
52
|
60
|
68
|
76
|
81
|
81
|
71
|
57
|
45
|
34
|
32
|
30
|
28
|
27
|
30
|
44
|
76
|
135
|
213
|
292
|
353
|
|
Non Interest Income |
90
|
82
|
80
|
80
|
82
|
95
|
105
|
109
|
111
|
110
|
110
|
114
|
114
|
110
|
105
|
101
|
102
|
101
|
103
|
108
|
109
|
111
|
116
|
115
|
116
|
115
|
114
|
116
|
120
|
125
|
127
|
129
|
129
|
133
|
135
|
131
|
128
|
124
|
122
|
121
|
(21)
|
|
Revenue |
254
N/A
|
256
+1%
|
266
+4%
|
277
+4%
|
285
+3%
|
303
+6%
|
320
+6%
|
332
+4%
|
345
+4%
|
362
+5%
|
378
+4%
|
396
+5%
|
408
+3%
|
405
-1%
|
401
-1%
|
414
+3%
|
432
+5%
|
450
+4%
|
479
+6%
|
504
+5%
|
523
+4%
|
537
+3%
|
546
+2%
|
547
+0%
|
550
+1%
|
559
+2%
|
574
+3%
|
587
+2%
|
612
+4%
|
644
+5%
|
663
+3%
|
685
+3%
|
690
+1%
|
689
0%
|
691
+0%
|
701
+1%
|
727
+4%
|
740
+2%
|
742
+0%
|
731
-1%
|
580
-21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Loan Loss Provision |
(10)
|
(15)
|
(16)
|
(14)
|
(15)
|
(10)
|
(13)
|
(14)
|
(13)
|
(13)
|
(10)
|
(12)
|
(12)
|
(13)
|
(12)
|
(12)
|
(16)
|
(16)
|
(20)
|
(20)
|
(24)
|
(21)
|
(21)
|
(21)
|
(17)
|
(37)
|
(58)
|
(55)
|
(67)
|
(45)
|
(11)
|
(5)
|
18
|
14
|
3
|
(7)
|
(15)
|
(15)
|
(17)
|
(13)
|
(22)
|
|
Non Interest Expense |
(197)
|
(203)
|
(209)
|
(217)
|
(216)
|
(224)
|
(233)
|
(240)
|
(251)
|
(262)
|
(269)
|
(276)
|
(280)
|
(281)
|
(279)
|
(290)
|
(298)
|
(310)
|
(329)
|
(343)
|
(354)
|
(358)
|
(345)
|
(345)
|
(349)
|
(352)
|
(367)
|
(365)
|
(371)
|
(383)
|
(396)
|
(416)
|
(432)
|
(440)
|
(443)
|
(442)
|
(443)
|
(444)
|
(447)
|
(449)
|
(462)
|
|
Pre-Tax Income |
47
N/A
|
38
-19%
|
40
+4%
|
46
+17%
|
55
+19%
|
70
+27%
|
74
+6%
|
79
+6%
|
81
+3%
|
88
+8%
|
99
+14%
|
108
+9%
|
117
+8%
|
111
-5%
|
110
-1%
|
111
+2%
|
119
+7%
|
124
+4%
|
129
+4%
|
142
+10%
|
145
+3%
|
157
+8%
|
180
+15%
|
180
0%
|
184
+2%
|
170
-7%
|
149
-13%
|
168
+13%
|
174
+4%
|
216
+24%
|
257
+19%
|
264
+3%
|
275
+4%
|
262
-5%
|
252
-4%
|
253
+1%
|
268
+6%
|
281
+5%
|
278
-1%
|
269
-3%
|
97
-64%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(7)
|
(7)
|
(9)
|
(13)
|
(19)
|
(19)
|
(21)
|
(21)
|
(23)
|
(29)
|
(33)
|
(37)
|
(32)
|
(30)
|
(31)
|
(33)
|
(33)
|
(32)
|
(33)
|
(28)
|
(32)
|
(38)
|
(37)
|
(35)
|
(33)
|
(26)
|
(32)
|
(36)
|
(45)
|
(55)
|
(54)
|
(55)
|
(52)
|
(51)
|
(52)
|
(56)
|
(59)
|
(59)
|
(58)
|
(17)
|
|
Income from Continuing Operations |
37
|
31
|
32
|
38
|
42
|
51
|
55
|
58
|
60
|
64
|
70
|
76
|
80
|
78
|
79
|
81
|
86
|
91
|
97
|
109
|
117
|
125
|
143
|
143
|
149
|
138
|
123
|
136
|
138
|
171
|
202
|
210
|
220
|
210
|
201
|
201
|
212
|
222
|
220
|
211
|
80
|
|
Income to Minority Interest |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
36
N/A
|
30
-15%
|
32
+4%
|
37
+17%
|
41
+12%
|
50
+22%
|
54
+9%
|
57
+5%
|
59
+4%
|
64
+7%
|
70
+9%
|
75
+8%
|
80
+6%
|
78
-2%
|
79
+1%
|
81
+2%
|
75
-7%
|
81
+7%
|
87
+7%
|
99
+14%
|
117
+19%
|
125
+7%
|
143
+14%
|
143
+1%
|
149
+4%
|
138
-8%
|
123
-11%
|
134
+9%
|
134
N/A
|
164
+23%
|
194
+18%
|
202
+4%
|
212
+5%
|
202
-5%
|
193
-5%
|
193
+0%
|
204
+6%
|
214
+5%
|
211
-1%
|
203
-4%
|
72
-65%
|
|
EPS (Diluted) |
1.95
N/A
|
1.62
-17%
|
1.68
+4%
|
1.97
+17%
|
2.19
+11%
|
2.43
+11%
|
2.6
+7%
|
2.72
+5%
|
2.83
+4%
|
2.63
-7%
|
2.78
+6%
|
3.02
+9%
|
3.22
+7%
|
2.93
-9%
|
2.93
N/A
|
2.69
-8%
|
2.64
-2%
|
2.63
0%
|
2.63
N/A
|
2.84
+8%
|
3.52
+24%
|
3.6
+2%
|
3.96
+10%
|
3.89
-2%
|
4.14
+6%
|
3.73
-10%
|
3.32
-11%
|
3.61
+9%
|
3.57
-1%
|
3.88
+9%
|
4.56
+18%
|
4.76
+4%
|
5
+5%
|
4.77
-5%
|
4.53
-5%
|
4.54
+0%
|
4.79
+6%
|
5.01
+5%
|
4.95
-1%
|
4.75
-4%
|
1.68
-65%
|