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Heartland Financial USA (Heartland Financial USA) Book Value per Share : $43.66 (As of Mar. 2024)


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What is Heartland Financial USA Book Value per Share?

Heartland Financial USA's book value per share for the quarter that ended in Mar. 2024 was $43.66.

During the past 12 months, Heartland Financial USA's average Book Value Per Share Growth Rate was 8.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heartland Financial USA was 14.90% per year. The lowest was -3.80% per year. And the median was 10.40% per year.

Heartland Financial USA's current price is $43.95. Its book value per share for the quarter that ended in Mar. 2024 was $43.66. Hence, today's PB Ratio of Heartland Financial USA is 1.01.

During the past 13 years, the highest P/B Ratio of Heartland Financial USA was 1.80. The lowest was 0.63. And the median was 1.19.


Heartland Financial USA Book Value per Share Historical Data

The historical data trend for Heartland Financial USA's Book Value per Share 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 Book Value per Share Chart

Heartland Financial USA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.00 46.77 49.00 38.25 42.69

Heartland Financial USA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.38 41.00 40.20 42.69 43.66

Competitive Comparison of Heartland Financial USA's Book Value per Share

For the Banks - Regional subindustry, Heartland Financial USA's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heartland Financial USA's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heartland Financial USA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Heartland Financial USA's PB Ratio falls into.



Heartland Financial USA Book Value per Share Calculation

Heartland Financial USA's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,933.1-110.7)/42.7
=42.69

Heartland Financial USA's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,978.8-110.7)/42.8
=43.66

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Heartland Financial USA  (NAS:HTLF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Heartland Financial USA Book Value per Share Related Terms

Thank you for viewing the detailed overview of Heartland Financial USA's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Heartland Financial USA (Heartland Financial USA) Business Description

Traded in Other Exchanges
Address
1800 Larimer Street, Suite 1800, Denver, CO, USA, 80202
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