Heartland Financial USA
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Heartland Financial USA's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 24% to $553,280,000. Profit margin reached 14%. Total operating expenses were $580,388,000.

Profit Margin

Heartland Financial USA, Inc. (NASDAQ:HTLFP): Profit margin
2014 283.19M 41.9M 14.8%
2015 337.86M 60.04M 17.77%
2016 406.78M 80.34M 19.75%
2017 429.85M 75.27M 17.51%
2018 520.90M 116.99M 22.46%
2019 569.35M 149.12M 26.19%
2020 606.91M 137.93M 22.73%
2021 688.90M 219.92M 31.92%
2022 727.54M 212.18M 29.16%
2023 553.28M 79.92M 14.44%

HTLFP Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
553.28M727.54M688.90M606.91M569.35M520.90M429.85M406.78M337.86M283.19M
Cost of revenue
0000000000
Gross profit
553.28M727.54M688.90M606.91M569.35M520.90M429.85M406.78M337.86M283.19M
Operating exp.
Research and development
0000000000
Selling and marketing
8.34M6.22M7.25M5.23M10.02M9.56M7.22M6.44M5.46M5.52M
Total operating expenses
580.38M71.82M-413.64M-432.92M-385.24M-323.82M40.10M34.12M28.51M23.76M
Operating income
135.30M344.17M275.25M173.99M184.11M197.07M176.50M173.84M133.97M104.49M
Other income (expenses), net
-38.52M-76.42M275.25M-17.39M184.11M-51.86M-7.25M-56.94M-9.17M-8.34M
Income before tax
96.77M267.75M275.25M173.99M184.11M145.21M119.09M116.90M80.94M54.99M
Income tax expense
16.85M55.57M55.33M36.05M34.99M28.21M43.82M36.55M20.89M13.09M
Net income
79.92M212.18M219.92M137.93M149.12M116.99M75.27M80.34M60.04M41.9M
Earnings per share
Basic EPS
1.514.85.013.584.143.542.513.072.642.22
Diluted EPS
1.684.7953.574.143.522.513.072.642.19
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