Heartland BancCorp (OTCMKTS:HLAN) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Heartland BancCorp (OTCMKTS:HLANGet Rating) issued its quarterly earnings results on Monday. The bank reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.05, MarketWatch Earnings reports. The business had revenue of $21.33 million for the quarter, compared to the consensus estimate of $18.20 million.

Heartland BancCorp Price Performance

Shares of HLAN traded down $2.99 during mid-day trading on Tuesday, hitting $97.01. 330 shares of the company’s stock were exchanged, compared to its average volume of 590. The company has a market cap of $194.89 million, a PE ratio of 10.89 and a beta of 0.52. Heartland BancCorp has a 52 week low of $87.00 and a 52 week high of $102.00. The company has a 50-day simple moving average of $93.11 and a 200 day simple moving average of $91.25.

Heartland BancCorp Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 10th. Stockholders of record on Friday, December 23rd were paid a dividend of $0.69 per share. The ex-dividend date of this dividend was Thursday, December 22nd. This represents a dividend yield of 3%. Heartland BancCorp’s dividend payout ratio is currently 30.98%.

About Heartland BancCorp

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Heartland BancCorp is a bank holding company, which engages in the ownership, and management of its wholly-owned subsidiary. It offers full service commercial, small business, and consumer banking services, alternative investment services, insurance services, and financial products and services. The company was founded by Tiney M.

Further Reading

Earnings History for Heartland BancCorp (OTCMKTS:HLAN)

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