Financial Services - Banks - Regional - NASDAQ - US
$ 65.58
-0.742 %
$ 2.81 B
Market Cap
37.05
P/E
INCOME STATEMENT
553 M
REVENUE
135 M
OPERATING INCOME
79.9 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Heartland Financial USA, Inc.
| Revenue | 553 M |
| Cost Of Revenue | 0 |
| Gross Profit | 553 M |
| Operating Expenses | 580 M |
| Operating Income | 135 M |
| Other Expenses | 55.4 M |
| Net Income | 79.9 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||||||||||||||
| Revenue | 553.3 | 727.5 | 688.9 | 606.9 | 569.4 | 520.9 | 429.9 | 406.8 | 337.9 | 283.2 | 246.2 | 248.8 | 55.9 | 195.4 | 184.2 | 151.0 | 141.3 | 135.5 | 134.5 | 115.0 | 97.7 | 90.9 | 80.2 | 71.5 | 58.7 | 18.2 | 9.8 | 8.8 |
| GROSS PROFIT | ||||||||||||||||||||||||||||
| Cost Of Revenue | 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 |
| Gross Profit | 553.3 | 727.5 | 688.9 | 606.9 | 569.4 | 520.9 | 429.9 | 406.8 | 337.9 | 283.2 | 246.2 | 248.8 | 55.9 | 195.4 | 184.2 | 151.0 | 141.3 | 135.5 | 134.5 | 115.0 | 97.7 | 90.9 | 80.2 | 71.5 | 58.7 | 18.2 | 9.8 | 8.8 |
| OPERATING INCOME | ||||||||||||||||||||||||||||
| Operating Expenses | 580.4 | 71.8 | (413.6) | (432.9) | (385.2) | (323.8) | 40.1 | 34.1 | 28.5 | 23.8 | 22.8 | 20.6 | 16.9 | 14.3 | 12.5 | 3.8 | 3.6 | 3.3 | (40.4) | (42.5) | 2.4 | (22.2) | (2.9) | 2.0 | (6.4) | 30.8 | 33.8 | 29.6 |
| Selling, General and Administrative Expenses | 279.6 | 260.7 | 247.4 | 207.9 | 210.6 | 209.4 | 182.2 | 174.2 | 153.3 | 139.2 | 127.1 | 114.3 | 24.1 | 72.7 | 63.8 | 60.5 | 58.2 | 55.6 | 49.6 | 42.1 | 35.5 | 30.5 | 27.1 | 25.4 | 20.3 | 1.1 | 0.8 | 1.0 |
| Research and Development Expenses | 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 |
| Operating Income | 135.3 | 344.2 | 275.3 | 174.0 | 184.1 | 197.1 | 176.5 | 173.8 | 134.0 | 104.5 | 99.0 | 113.3 | 92.1 | 97.4 | 6.4 | 11.3 | 24.0 | 15.5 | 94.0 | 72.5 | 13.8 | 68.7 | 77.3 | 73.5 | 52.3 | 49.1 | 43.6 | 38.3 |
| PRE-TAX INCOME | ||||||||||||||||||||||||||||
| Interest Income Expense | 352.6 | 76.4 | 28.2 | 44.9 | 80.6 | 51.9 | 33.4 | 31.8 | 32.0 | 34.0 | 35.7 | 39.2 | 10.8 | 55.9 | 70.5 | 86.9 | 105.9 | 86.2 | 61.1 | 44.3 | 38.3 | 42.3 | 60.2 | 59.7 | 40.9 | 36.3 | 31.8 | 27.6 |
| Total Other Income | (38.5) | (23.4) | (21.5) | (17.4) | (19.6) | (20.0) | (7.3) | (12.3) | (9.2) | (8.3) | (9.1) | (7.5) | 0 | (1.6) | 7.2 | 3.3 | 9.4 | 21.5 | (33.4) | (20.6) | 12.0 | (44.6) | (60.2) | (59.7) | (40.9) | (36.3) | (31.8) | (27.6) |
| Pre-Tax Income | 96.8 | 267.8 | 275.3 | 174.0 | 184.1 | 145.2 | 119.1 | 116.9 | 80.9 | 55.0 | 47.2 | 72.5 | 7.9 | 33.6 | 13.6 | 14.6 | 33.4 | 37.0 | 32.9 | 28.2 | 25.9 | 24.1 | 17.1 | 13.8 | 11.4 | 12.8 | 11.9 | 10.7 |
| NET INCOME | ||||||||||||||||||||||||||||
| Tax Provision | 16.9 | 55.6 | 55.3 | 36.1 | 35.0 | 28.2 | 43.8 | 36.6 | 20.9 | 13.1 | 10.3 | 23.3 | 1.7 | 9.8 | 7.2 | 3.3 | 9.4 | 12.0 | 10.2 | 7.9 | 8.1 | 7.5 | 5.7 | 4.2 | 3.2 | 3.8 | 3.3 | 2.7 |
| Net Income | 79.9 | 212.2 | 219.9 | 137.9 | 149.1 | 117.0 | 75.3 | 80.3 | 60.0 | 41.9 | 36.8 | 49.2 | 6.2 | 23.9 | 6.6 | 11.3 | 25.6 | 25.1 | 22.7 | 20.3 | 17.7 | 18.9 | 11.4 | 9.6 | 8.2 | 9.0 | 8.5 | 8.0 |
| EPS | 1.68 | 4.8 | 5.01 | 3.58 | 4.14 | 3.54 | 2.51 | 3.07 | 2.64 | 2.22 | 2.08 | 2.81 | 1.24 | 1.13 | 0.0745 | 0.68 | 1.56 | 1.52 | 1.38 | 1.28 | 1.18 | 0.85 | 0.79 | 0.67 | 0.57 | 0.63 | 0.6 | 0.57 |