Heartland BancCorp (OTCMKTS:HLAN) Issues Quarterly Earnings Results

Heartland BancCorp (OTCMKTS:HLAN) announced its quarterly earnings results on Monday. The bank reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.27 by ($0.15), Zacks reports. The business had revenue of $30.26 million for the quarter.

Heartland BancCorp Price Performance

Shares of HLAN traded up $1.92 during trading hours on Tuesday, hitting $148.00. 660 shares of the stock were exchanged, compared to its average volume of 1,233. Heartland BancCorp has a fifty-two week low of $81.60 and a fifty-two week high of $149.00. The business has a 50-day moving average of $144.27 and a 200-day moving average of $114.47. The firm has a market capitalization of $298.37 million, a P/E ratio of 14.89 and a beta of 0.40.

Wall Street Analyst Weigh In

Separately, DA Davidson restated a “neutral” rating and issued a $145.00 price target (up from $103.00) on shares of Heartland BancCorp in a research report on Wednesday, August 7th.

Heartland BancCorp Company Profile

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.