Heartland Financial USA (Heartland Financial USA) Credit Losses Provision : $21.7 Mil (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Heartland Financial USA Credit Losses Provision?

Heartland Financial USA's credit losses provision for the three months ended in Dec. 2023 was $11.7 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $21.7 Mil.

Heartland Financial USA's quarterly credit losses provision declined from Jun. 2023 ($5.4 Mil) to Sep. 2023 ($1.5 Mil) but then increased from Sep. 2023 ($1.5 Mil) to Dec. 2023 ($11.7 Mil).

Heartland Financial USA's annual credit losses provision increased from Dec. 2021 ($-17.6 Mil) to Dec. 2022 ($15.4 Mil) and increased from Dec. 2022 ($15.4 Mil) to Dec. 2023 ($21.7 Mil).

Heartland Financial USA Credit Losses Provision Historical Data

The historical data trend for Heartland Financial USA's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heartland Financial USA Credit Losses Provision Chart

Heartland Financial USA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

Get a 7-Day Free Trial

16.66

67.07

-17.58

15.37

21.71

Heartland Financial USA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Credit Losses Provision	Get a 7-Day Free Trial															3.39	3.07	5.38	1.52	11.74

Heartland Financial USA Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.7 Mil.

Heartland Financial USA (Heartland Financial USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heartland Financial USA Inc (NAS:HTLF) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

HTLFP.PFD:USA 1H4:Germany

Address

1800 Larimer Street, Suite 1800, Denver, CO, USA, 80202

Website

https://www.htlf.com

Heartland Financial USA Inc is a multi-bank holding company that offers a wide range of commercial, small business, and consumer banking services to businesses, including public sector and non-profit entities, and individuals. It also provides traditional and non-traditional service channels including online banking, mobile/remote banking, and telephone banking. The company's business lines are Commercial Banking, Agricultural Loans, Small Business Banking, Residential Real Estate Mortgage Lending, Consumer Banking, and Wealth Management and Retirement Plan Services.

Executives

Kevin C Karrels	officer: EVP, Head of Consumer, Retail	1800 LARIMER ST., SUITE 1800, DENVER CO 80202
Robert S Kahn	officer: EVP, Chief Strategy Officer	1800 LARIMER ST., SUITE 1800, DENVER CO 80202
Bruce K Lee	director, officer: PRESIDENT	1800 LARIMER ST., SUITE 1800, DENVER CO 80202
Deborah K Deters	officer: EVP, Chief HR Officer	700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Margaret Lazo	director	1800 LARIMER ST., SUITE 1800, DENVER CO 80202
Opal Perry	director	HERTZ GLOBAL HOLDINGS, INC., ESTERO FL 33928
Robert B Engel	director	C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Martin J Schmitz	director	700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Kevin G Quinn	officer: EVP Chief Banking Officer	700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Mark E Frank	officer: SVP, Regional Operations	700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Kathryn G Unger	director	700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Christopher Hylen	director	700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Lynn B Fuller	director, officer: President & CEO	700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Jay Kim	officer: EVP & General Counsel	1800 LARIMER ST., SUITE 1800, DENVER CO 80202
Nathan R Jones	officer: EVP, Chief Credit Officer	1800 LARIMER ST., SUITE 1800, DENVER CO 80202