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

Heartland BancCorp (OTCMKTS:HLAN – Get 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

(Get Rating)

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.