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Heartland Financial USA (HTLF) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Heartland Financial USA Revenue Highlights

Latest Revenue (Y)

$953.80M

Latest Revenue (Q)

$272.41M

Main Segment (Y)

Financial Service

Heartland Financial USA Revenue by Period

Heartland Financial USA Revenue by Year

DateRevenueChange
2023-12-31$953.80M31.10%
2022-12-31$727.55M5.61%
2021-12-31$688.91M13.51%
2020-12-31$606.92M6.60%
2019-12-31$569.36M9.30%
2018-12-31$520.91M21.18%
2017-12-31$429.86M5.67%
2016-12-31$406.79M20.40%
2015-12-31$337.86M19.30%
2014-12-31$283.19M15.02%
2013-12-31$246.20M-1.06%
2012-12-31$248.85M345.37%
2011-12-31$55.88M-71.40%
2010-12-31$195.38M6.06%
2009-12-31$184.21M21.97%
2008-12-31$151.03M6.89%
2007-12-31$141.30M4.29%
2006-12-31$135.49M0.77%
2005-12-31$134.45M16.94%
2004-12-31$114.97M17.67%
2003-12-31$97.71M7.48%
2002-12-31$90.91M13.31%
2001-12-31$80.23M12.13%
2000-12-31$71.55M21.89%
1999-12-31$58.70M221.68%
1998-12-31$18.25M85.37%
1997-12-31$9.84M12.22%
1996-12-31$8.77M-

Heartland Financial USA generated $953.80M in revenue during NA 2023, up 31.10% compared to the previous quarter, and up 183.10% compared to the same period a year ago.

Heartland Financial USA Revenue by Quarter

DateRevenueChange
2024-09-30$272.41M-0.40%
2024-06-30$273.50M-2.07%
2024-03-31$279.29M93.94%
2023-12-31$144.01M-17.25%
2023-09-30$174.03M-4.90%
2023-06-30$183.00M1.05%
2023-03-31$181.10M-6.07%
2022-12-31$192.81M1929.12%
2022-09-30$9.50M-94.73%
2022-06-30$180.23M6.52%
2022-03-31$169.20M-0.30%
2021-12-31$169.71M-3.17%
2021-09-30$175.27M0.61%
2021-06-30$174.20M2.63%
2021-03-31$169.73M4.40%
2020-12-31$162.57M6.99%
2020-09-30$151.95M-1.38%
2020-06-30$154.08M11.40%
2020-03-31$138.31M-0.68%
2019-12-31$139.26M-0.79%
2019-09-30$140.37M-10.63%
2019-06-30$157.06M18.37%
2019-03-31$132.68M-3.41%
2018-12-31$137.36M-1.55%
2018-09-30$139.53M9.42%
2018-06-30$127.52M9.46%
2018-03-31$116.50M-0.90%
2017-12-31$117.55M3.59%
2017-09-30$113.48M13.12%
2017-06-30$100.32M1.83%
2017-03-31$98.51M-0.70%
2016-12-31$99.20M-2.20%
2016-09-30$101.43M-2.65%
2016-06-30$104.19M2.17%
2016-03-31$101.97M23.09%
2015-12-31$82.84M-1.36%
2015-09-30$83.98M-3.24%
2015-06-30$86.80M3.03%
2015-03-31$84.24M15.93%
2014-12-31$72.66M1.41%
2014-09-30$71.65M0.16%
2014-06-30$71.54M6.23%
2014-03-31$67.34M9.36%
2013-12-31$61.57M3.43%
2013-09-30$59.53M-2.90%
2013-06-30$61.30M-3.90%
2013-03-31$63.80M17.59%
2012-12-31$54.25M-18.51%
2012-09-30$66.58M1.72%
2012-06-30$65.45M4.62%
2012-03-31$62.56M11.97%
2011-12-31$55.88M12.89%
2011-09-30$49.50M-3.46%
2011-06-30$51.27M6.09%
2011-03-31$48.33M-10.73%
2010-12-31$54.14M9.77%
2010-09-30$49.32M5.74%
2010-06-30$46.64M3.02%
2010-03-31$45.28M-5.35%
2009-12-31$47.84M5.16%
2009-09-30$45.49M-3.29%
2009-06-30$47.04M7.31%
2009-03-31$43.84M24.90%
2008-12-31$35.10M-17.33%
2008-09-30$42.45M14.27%
2008-06-30$37.15M2.60%
2008-03-31$36.21M1.02%
2007-12-31$35.85M-

Heartland Financial USA generated $272.41M in revenue during Q3 2024, up -0.40% compared to the previous quarter, and up 148.86% compared to the same period a year ago.

Heartland Financial USA Revenue Breakdown

Heartland Financial USA Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Fiduciary and Trust$20.71M$22.57M$24.42M$20.86M$19.40M
Financial Service$74.02M$68.03M$59.70M$47.47M$52.16M
Financial Service, Brokerage And Insurance Commissions$2.79M$2.99M$3.55M$2.76M$3.79M
Financial Services, Credit Card Fees$31.10M$27.56M$21.62M$16.03M$15.59M
Financial Services, Customer Service Fees$358.00K$375.00K$220.00K$177.00K$331.00K
Financial Services, Debit Card Fees$9.65M$9.34M$10.44M$7.66M$11.90M
Financial Services, Overdraft Fees$11.88M$12.14M$11.01M$9.17M$11.54M
Financial Services, Service Charges And Deposit Account Fees$21.04M$18.63M$16.41M$14.44M$12.79M

Heartland Financial USA's latest annual revenue breakdown by segment (product or service), as of Dec 23: Financial Service (43.15%), Financial Services, Credit Card Fees (18.13%), Financial Services, Service Charges And Deposit Account Fees (12.26%), Fiduciary and Trust (12.07%), Financial Services, Overdraft Fees (6.92%), Financial Services, Debit Card Fees (5.62%), Financial Service, Brokerage And Insurance Commissions (1.63%), and Financial Services, Customer Service Fees (0.21%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Fiduciary and Trust$5.27M$5.04M$4.91M$4.73M$5.42M$5.66M$5.44M$5.37M$5.68M$6.08M$6.38M$6.22M$6.04M$5.78M$5.51M$5.36M$4.98M$5.02M$5.14M$4.96M
Financial Service$17.10M$17.06M$18.71M$18.55M$19.63M$17.14M$17.43M$17.28M$18.07M$15.25M$15.35M$15.55M$15.13M$13.67M$12.72M$11.75M$10.97M$12.02M$12.37M$12.37M
Financial Service, Brokerage And Insurance Commissions$853.00K$754.00K$729.00K$692.00K$677.00K$696.00K$629.00K$649.00K$839.00K$869.00K$962.00K$866.00K$865.00K$853.00K$779.00K$649.00K$595.00K$733.00K$1.06M$962.00K
Financial Services, Overdraft Fees----------$2.82M$3.04M$2.55M$2.59M$2.54M$2.18M$1.63M$2.81M$3.01M$2.92M
Financial Services, Service Charges And Deposit Account Fees----------$4.32M$4.15M$4.01M$3.94M$3.82M$3.71M$3.48M$3.44M$3.41M$3.22M
Financial Services, Debit Card Fees----------$2.35M$2.64M$2.66M$2.79M$2.16M$1.92M$1.76M$1.81M$1.85M$2.19M
Financial Services, Credit Card Fees----------$5.79M$5.67M$5.85M$4.31M$4.17M$3.89M$4.07M$3.90M$4.04M$3.94M
Financial Services, Customer Service Fees----------$68.00K$52.00K$54.00K$46.00K$44.00K$39.00K$35.00K$59.00K$61.00K$104.00K

Heartland Financial USA's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Financial Service (73.63%), Fiduciary and Trust (22.70%), and Financial Service, Brokerage And Insurance Commissions (3.67%).

Heartland Financial USA Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
TCBITexas Capital Bancshares$1.63B$452.53M
HTLFHeartland Financial USA$953.80M$272.41M
BYByline Bancorp$534.34M$146.44M
BFSTBusiness First Bancshares$386.89M$81.86M
PGCPeapack-Gladstone Financial$377.41M$56.62K
GABCGerman American Bancorp$316.92M$88.45M
HFWAHeritage Financial$303.13M$81.65M
NFBKNorthfield Bancorp, Inc. (Staten Island, NY)$220.69M$62.90M
HBCPHome Bancorp$178.87M$51.02M
FNWBFirst Northwest Bancorp$104.92M$28.21M
FNWDFinward Bancorp$96.53M$22.47M
FFNWFirst Financial Northwest$80.93M$20.09M
CWBCCommunity West Bancshares$61.39M$27.26M
GSBCGreat Southern Bancorp$46.29M$91.36M
HMNFHMN Financial$43.48M$14.79M
HTBKHeritage Commerce$9.00K$2.24K

HTLF Revenue FAQ

What is Heartland Financial USA’s yearly revenue?

Heartland Financial USA's yearly revenue for 2023 was $953.8M, representing an increase of 31.10% compared to 2022. The company's yearly revenue for 2022 was $727.55M, representing an increase of 5.61% compared to 2021. HTLF's yearly revenue for 2021 was $688.91M, representing an increase of 13.51% compared to 2020.

What is Heartland Financial USA’s quarterly revenue?

Heartland Financial USA's quarterly revenue for Q3 2024 was $272.41M, a -0.40% decrease from the previous quarter (Q2 2024), and a 56.53% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $273.5M, a -2.07% decrease from the previous quarter (Q1 2024), and a 49.46% increase year-over-year (Q2 2023). HTLF's quarterly revenue for Q1 2024 was $279.29M, a 93.94% increase from the previous quarter (Q4 2023), and a 54.22% increase year-over-year (Q1 2023).

What is Heartland Financial USA’s revenue growth rate?

Heartland Financial USA's revenue growth rate for the last 3 years (2021-2023) was 38.45%, and for the last 5 years (2019-2023) was 67.52%.

What are Heartland Financial USA’s revenue streams?

Heartland Financial USA's revenue streams in c 23 are Fiduciary and Trust, Financial Service, Financial Service, Brokerage And Insurance Commissions, Financial Services, Credit Card Fees, Financial Services, Customer Service Fees, Financial Services, Debit Card Fees, Financial Services, Overdraft Fees, and Financial Services, Service Charges And Deposit Account Fees. Fiduciary and Trust generated $20.72M in revenue, accounting 12.07% of the company's total revenue, down -8.22% year-over-year. Financial Service generated $74.02M in revenue, accounting 43.15% of the company's total revenue, up 8.81% year-over-year. Financial Service, Brokerage And Insurance Commissions generated $2.79M in revenue, accounting 1.63% of the company's total revenue, down -6.43% year-over-year. Financial Services, Credit Card Fees generated $31.1M in revenue, accounting 18.13% of the company's total revenue, up 12.85% year-over-year. Financial Services, Customer Service Fees generated $358K in revenue, accounting 0.21% of the company's total revenue, down -4.53% year-over-year. Financial Services, Debit Card Fees generated $9.65M in revenue, accounting 5.62% of the company's total revenue, up 3.36% year-over-year. Financial Services, Overdraft Fees generated $11.88M in revenue, accounting 6.92% of the company's total revenue, down -2.13% year-over-year. Financial Services, Service Charges And Deposit Account Fees generated $21.04M in revenue, accounting 12.26% of the company's total revenue, up 12.95% year-over-year.

What is Heartland Financial USA’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Heartland Financial USA was Financial Service. This segment made a revenue of $74.02M, representing 43.15% of the company's total revenue.