Heartland Financial USA (HTLF) Revenue & Revenue Breakdown
Heartland Financial USA Revenue Highlights
Latest Revenue (Y)
$953.80M
Latest Revenue (Q)
$273.70M
Main Segment (Y)
Financial Service
Heartland Financial USA Revenue by Period
Heartland Financial USA Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $953.80M | 31.10% |
| 2022-12-31 | $727.55M | 5.61% |
| 2021-12-31 | $688.91M | 13.51% |
| 2020-12-31 | $606.92M | 6.60% |
| 2019-12-31 | $569.36M | 9.30% |
| 2018-12-31 | $520.91M | 21.18% |
| 2017-12-31 | $429.86M | 5.67% |
| 2016-12-31 | $406.79M | 20.40% |
| 2015-12-31 | $337.86M | 19.30% |
| 2014-12-31 | $283.19M | 15.02% |
| 2013-12-31 | $246.20M | -1.06% |
| 2012-12-31 | $248.85M | 345.37% |
| 2011-12-31 | $55.88M | -71.40% |
| 2010-12-31 | $195.38M | 6.06% |
| 2009-12-31 | $184.21M | 21.97% |
| 2008-12-31 | $151.03M | 6.89% |
| 2007-12-31 | $141.30M | 4.29% |
| 2006-12-31 | $135.49M | 0.77% |
| 2005-12-31 | $134.45M | 16.94% |
| 2004-12-31 | $114.97M | 17.67% |
| 2003-12-31 | $97.71M | 7.48% |
| 2002-12-31 | $90.91M | 13.31% |
| 2001-12-31 | $80.23M | 12.13% |
| 2000-12-31 | $71.55M | 21.89% |
| 1999-12-31 | $58.70M | 221.68% |
| 1998-12-31 | $18.25M | 85.37% |
| 1997-12-31 | $9.84M | 12.22% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $273.70M | -2.00% |
| 2024-03-31 | $279.29M | 93.94% |
| 2023-12-31 | $144.01M | -17.25% |
| 2023-09-30 | $174.03M | -4.90% |
| 2023-06-30 | $183.00M | 1.05% |
| 2023-03-31 | $181.10M | -6.07% |
| 2022-12-31 | $192.81M | 1929.12% |
| 2022-09-30 | $9.50M | -94.73% |
| 2022-06-30 | $180.23M | 6.52% |
| 2022-03-31 | $169.20M | -0.30% |
| 2021-12-31 | $169.71M | -3.17% |
| 2021-09-30 | $175.27M | 0.61% |
| 2021-06-30 | $174.20M | 2.63% |
| 2021-03-31 | $169.73M | 4.40% |
| 2020-12-31 | $162.57M | 6.99% |
| 2020-09-30 | $151.95M | -1.38% |
| 2020-06-30 | $154.08M | 11.40% |
| 2020-03-31 | $138.31M | -0.68% |
| 2019-12-31 | $139.26M | -0.79% |
| 2019-09-30 | $140.37M | -10.63% |
| 2019-06-30 | $157.06M | 18.37% |
| 2019-03-31 | $132.68M | -3.41% |
| 2018-12-31 | $137.36M | -1.55% |
| 2018-09-30 | $139.53M | 9.42% |
| 2018-06-30 | $127.52M | 9.46% |
| 2018-03-31 | $116.50M | -0.90% |
| 2017-12-31 | $117.55M | 3.59% |
| 2017-09-30 | $113.48M | 13.12% |
| 2017-06-30 | $100.32M | 1.83% |
| 2017-03-31 | $98.51M | -0.70% |
| 2016-12-31 | $99.20M | -2.20% |
| 2016-09-30 | $101.43M | -2.65% |
| 2016-06-30 | $104.19M | 2.17% |
| 2016-03-31 | $101.97M | 23.09% |
| 2015-12-31 | $82.84M | -1.36% |
| 2015-09-30 | $83.98M | -3.24% |
| 2015-06-30 | $86.80M | 3.03% |
| 2015-03-31 | $84.24M | 15.93% |
| 2014-12-31 | $72.66M | 1.41% |
| 2014-09-30 | $71.65M | 0.16% |
| 2014-06-30 | $71.54M | 6.23% |
| 2014-03-31 | $67.34M | 9.36% |
| 2013-12-31 | $61.57M | 3.43% |
| 2013-09-30 | $59.53M | -2.90% |
| 2013-06-30 | $61.30M | -3.90% |
| 2013-03-31 | $63.80M | 17.59% |
| 2012-12-31 | $54.25M | -18.51% |
| 2012-09-30 | $66.58M | 1.72% |
| 2012-06-30 | $65.45M | 4.62% |
| 2012-03-31 | $62.56M | 11.97% |
| 2011-12-31 | $55.88M | 12.89% |
| 2011-09-30 | $49.50M | -3.46% |
| 2011-06-30 | $51.27M | 6.09% |
| 2011-03-31 | $48.33M | -10.73% |
| 2010-12-31 | $54.14M | 9.77% |
| 2010-09-30 | $49.32M | 5.74% |
| 2010-06-30 | $46.64M | 3.02% |
| 2010-03-31 | $45.28M | -5.35% |
| 2009-12-31 | $47.84M | 5.16% |
| 2009-09-30 | $45.49M | -3.29% |
| 2009-06-30 | $47.04M | 7.31% |
| 2009-03-31 | $43.84M | 24.90% |
| 2008-12-31 | $35.10M | -17.33% |
| 2008-09-30 | $42.45M | 14.27% |
| 2008-06-30 | $37.15M | 2.60% |
| 2008-03-31 | $36.21M | 1.02% |
| 2007-12-31 | $35.85M | - |
Heartland Financial USA generated $273.70M in revenue during Q2 2024, up -2.00% compared to the previous quarter, and up 151.14% 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Service, Brokerage And Insurance Commissions | $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 | $1.03M |
| Fiduciary and Trust | $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 | $4.83M |
| Financial Service | $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 | $14.63M |
| Financial Services, Overdraft Fees | - | - | - | - | - | - | - | - | - | $2.82M | $3.04M | $2.55M | $2.59M | $2.54M | $2.18M | $1.63M | $2.81M | $3.01M | $2.92M | $2.88M |
| 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 | $3.19M |
| 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 | $4.27M |
| 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 | $84.00K |
| 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 | $4.21M |
Heartland Financial USA's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Financial Service (74.64%), Fiduciary and Trust (22.06%), and Financial Service, Brokerage And Insurance Commissions (3.30%).
Heartland Financial USA Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TCBI | Texas Capital Bancshares | $1.63B | $472.49M |
| HTLF | Heartland Financial USA | $953.80M | $273.70M |
| BY | Byline Bancorp | $534.34M | $154.87M |
| BFST | Business First Bancshares | $386.89M | $111.69M |
| PGC | Peapack-Gladstone Financial | $377.41M | $100.88M |
| GABC | German American Bancorp | $316.92M | $71.58M |
| HFWA | Heritage Financial | $303.13M | $81.83M |
| NFBK | Northfield Bancorp, Inc. (Staten Island, NY) | $220.69M | $63.08M |
| HBCP | Home Bancorp | $178.87M | $49.13M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| GSBC | Great Southern Bancorp | $46.29M | $84.15M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| HTBK | Heritage Commerce | $9.00K | $61.25M |
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 Q2 2024 was $273.7M, a -2.00% decrease from the previous quarter (Q1 2024), and a 49.57% increase year-over-year (Q2 2023). The company'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). HTLF's quarterly revenue for Q4 2023 was $144.01M, a -17.25% decrease from the previous quarter (Q3 2023), and a -25.31% decrease year-over-year (Q4 2022).
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.