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Heartland Financial USA (FRA:1H4) Credit Losses Provision : €18.1 Mil (As of Mar. 2024)


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What is Heartland Financial USA Credit Losses Provision?

Heartland Financial USA's credit losses provision for the three months ended in Mar. 2024 was €0.9 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €18.1 Mil.

Heartland Financial USA's quarterly credit losses provision increased from Sep. 2023 (€1.4 Mil) to Dec. 2023 (€10.8 Mil) but then declined from Dec. 2023 (€10.8 Mil) to Mar. 2024 (€0.9 Mil).

Heartland Financial USA's annual credit losses provision increased from Dec. 2021 (€-15.6 Mil) to Dec. 2022 (€14.5 Mil) and increased from Dec. 2022 (€14.5 Mil) to Dec. 2023 (€19.9 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.

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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 Premium Member Only Premium Member Only 14.99 55.13 -15.55 14.51 19.91

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
Credit Losses Provision 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 2.87 4.97 1.42 10.76 0.91

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €18.1 Mil.

* 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 Financial USA (FRA:1H4) 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.

Heartland Financial USA (FRA:1H4) Headlines

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