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

Heartland BancCorp (OTCMKTS:HLAN – Get Rating) posted its 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 company had revenue of $21.33 million during the quarter, compared to analyst estimates of $18.20 million.

Heartland BancCorp Stock Down 3.0 %

Shares of HLAN stock traded down $2.99 during trading hours on Tuesday, reaching $97.01. 330 shares of the company’s stock were exchanged, compared to its average volume of 590. Heartland BancCorp has a fifty-two week low of $87.00 and a fifty-two week high of $102.00. The stock has a market capitalization of $194.89 million, a P/E ratio of 10.89 and a beta of 0.52. The business has a fifty day moving average price of $93.11 and a 200-day moving average price 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 issued 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 (DPR) is presently 30.98%.

Heartland BancCorp Company Profile

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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.