Heartland Historical Income Statement
| HTLF Stock | USD 67.72 0.24 0.35% |
Historical analysis of Heartland Financial income statement accounts such as Selling And Marketing Expenses of 4.7 M or Total Revenue of 281.6 M can show how well Heartland Financial USA performed in making a profits. Evaluating Heartland Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Heartland Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Heartland Financial USA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Heartland Financial USA is a good buy for the upcoming year.
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About Heartland Income Statement Analysis
Heartland Financial USA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Heartland Financial shareholders. The income statement also shows Heartland investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Heartland Financial Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Heartland Financial USA. It is also known as Heartland Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Heartland Financial USA operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Heartland Financial USA is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Heartland Financial income statement and is an important metric when analyzing Heartland Financial USA profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Heartland Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Heartland Financial USA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Financial USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Heartland Financial's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Heartland Financial's current EBIT is estimated to increase to about 129 M, while Total Revenue is projected to decrease to roughly 281.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 28.2M | 76.4M | 352.6M | 370.2M | Depreciation And Amortization | 36.4M | 34.2M | 30.1M | 31.6M |
Heartland Financial income statement Correlations
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Heartland Financial Account Relationship Matchups
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Heartland Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 12.0M | 22.5M | 36.4M | 34.2M | 30.1M | 31.6M | |
| Interest Expense | 80.6M | 44.9M | 28.2M | 76.4M | 352.6M | 370.2M | |
| Selling And Marketing Expenses | 10.0M | 5.2M | 7.3M | 6.2M | 8.3M | 4.7M | |
| Total Revenue | 569.4M | 606.9M | 688.9M | 727.5M | 553.3M | 281.6M | |
| Gross Profit | 569.4M | 606.9M | 688.9M | 727.5M | 553.3M | 281.6M | |
| Other Operating Expenses | 385.2M | 432.9M | 413.6M | 71.8M | 580.4M | 609.4M | |
| Operating Income | 184.1M | 174.0M | 275.3M | 344.2M | 135.3M | 115.5M | |
| Ebit | 184.1M | 178.8M | 265.8M | 258.0M | 96.8M | 129.0M | |
| Ebitda | 196.1M | 201.3M | 302.2M | 292.2M | 126.9M | 142.4M | |
| Total Operating Expenses | (385.2M) | (432.9M) | (413.6M) | 71.8M | 580.4M | 609.4M | |
| Income Before Tax | 184.1M | 174.0M | 275.3M | 267.8M | 96.8M | 77.1M | |
| Total Other Income Expense Net | 184.1M | (17.4M) | (21.5M) | (23.4M) | (38.5M) | (40.5M) | |
| Net Income | 149.1M | 137.9M | 219.9M | 212.2M | 79.9M | 58.6M | |
| Income Tax Expense | 35.0M | 36.1M | 55.3M | 55.6M | 16.9M | 18.7M | |
| Selling General Administrative | 200.5M | 202.7M | 240.1M | 254.5M | 271.2M | 284.8M | |
| Net Income Applicable To Common Shares | 149.1M | 133.5M | 211.9M | 204.1M | 234.7M | 246.5M | |
| Preferred Stock And Other Adjustments | 58K | 39K | 4.5M | 8.1M | 9.3M | 9.7M | |
| Net Income From Continuing Ops | 149.1M | 137.9M | 219.9M | 212.2M | 210.9M | 120.1M | |
| Tax Provision | 35.0M | 36.1M | 55.3M | 55.6M | 58.1M | 45.2M | |
| Net Interest Income | 433.7M | 491.7M | 560.6M | 598.2M | 610.3M | 484.9M | |
| Interest Income | 514.3M | 536.6M | 588.8M | 674.7M | 902.6M | 567.0M | |
| Reconciled Depreciation | 30.8M | 27.3M | 9.4M | 7.8M | 21.2M | 18.0M |
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When determining whether Heartland Financial USA is a strong investment it is important to analyze Heartland Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Financial's future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Financial USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heartland Financial. If investors know Heartland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heartland Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.336 | Dividend Share 1.2 | Earnings Share 1.78 | Revenue Per Share 13.33 | Quarterly Revenue Growth 0.148 |
The market value of Heartland Financial USA is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Financial's value that differs from its market value or its book value, called intrinsic value, which is Heartland Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heartland Financial's market value can be influenced by many factors that don't directly affect Heartland Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heartland Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.