Heartland BancCorp (OTCMKTS:HLAN) Issues Quarterly Earnings Results, Misses Expectations By $0.15 EPS

Heartland BancCorp (OTCMKTS:HLAN) released its earnings results on Monday. The bank reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates 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 OTCMKTS:HLAN opened at $148.00 on Wednesday. Heartland BancCorp has a 1 year low of $81.60 and a 1 year high of $149.00. The business’s 50-day moving average is $144.27 and its 200-day moving average is $114.47. The company has a market capitalization of $298.37 million, a price-to-earnings ratio of 14.89 and a beta of 0.40.

Analyst Upgrades and Downgrades

Separately, DA Davidson reaffirmed a “neutral” rating and issued a $145.00 price objective (up from $103.00) on shares of Heartland BancCorp in a research note 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.