Heartland BancCorp (OTCMKTS:HLAN) Issues Quarterly Earnings Results

Heartland BancCorp (OTCMKTS:HLAN) announced its quarterly earnings results on Monday. The bank reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $1.22, MarketWatch Earnings reports.

HLAN opened at $87.50 on Thursday. Heartland BancCorp has a fifty-two week low of $53.60 and a fifty-two week high of $96.00. The company has a market capitalization of $174.39 million, a P/E ratio of 14.25 and a beta of 0.86. The stock has a fifty day moving average of $82.61 and a 200-day moving average of $72.07.

The firm also recently declared a dividend, which was paid on Sunday, January 10th. Shareholders of record on Thursday, December 24th were issued a dividend of $2.28 per share. This represents a yield of 3.21%. The ex-dividend date was Wednesday, December 23rd. Heartland BancCorp’s dividend payout ratio is 35.35%.

Separately, Zacks Investment Research raised Heartland BancCorp from a “hold” rating to a “buy” rating and set a $98.00 price target for the company in a report on Wednesday.

About Heartland BancCorp

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various commercial, small business, and consumer banking services; alternative investment services; and other financial products and services in Fairfield, Franklin, and Licking Counties of Central Ohio. The company offers personal and business checking and savings accounts.

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Earnings History for Heartland BancCorp (OTCMKTS:HLAN)

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