Heartland BancCorp (OTCMKTS:HLAN) Releases 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 (EPS) for the quarter, topping the consensus estimate of $2.43 by $0.05, MarketWatch Earnings reports. The business had revenue of $21.33 million during the quarter, compared to the consensus estimate of $18.20 million.

Heartland BancCorp Stock Performance

Shares of Heartland BancCorp stock traded down $2.99 during trading on Tuesday, hitting $97.01. The company’s stock had a trading volume of 330 shares, compared to its average volume of 590. The company has a fifty day simple moving average of $92.98 and a two-hundred day simple moving average of $91.20. The company has a market capitalization of $194.89 million, a PE ratio of 11.22 and a beta of 0.52. Heartland BancCorp has a 52 week low of $87.00 and a 52 week high of $102.00.

Heartland BancCorp Announces Dividend

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