Heartland Bancorp's Total Assets for the quarter that ended in Jun. 2023 was $1,805.69 Mil.
Warning Sign:
If a company builds assets at 13.6% a year, faster than its revenue growth rate of 9.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Heartland Bancorp's average Total Assets Growth Rate was 9.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.00% per year.
During the past 13 years, Heartland Bancorp's highest 3-Year average Total Assets Growth Rate was 17.10%. The lowest was -4.80%. And the median was 11.00%.
The historical data trend for Heartland Bancorp's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Heartland Bancorp's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Heartland Bancorp (OTCPK:HLAN) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jun. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Heartland Bancorp's Asset Turnover for the quarter that ended in Jun. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Heartland Bancorp Total Assets Related Terms
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Heartland Bancorp (Heartland Bancorp) Business Description
Heartland Bancorp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiaries, Heartland Bank (the Bank) and TransCounty Title Agency, LLC. The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in central Ohio and northern Kentucky. The majority of the company's revenues come from interest and dividend income on loans, investment securities, and other financial instruments.
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