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Heartland Financial USA (Heartland Financial USA) Price-to-Tangible-Book : 1.53 (As of May. 06, 2024)


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What is Heartland Financial USA Price-to-Tangible-Book?

As of today (2024-05-06), Heartland Financial USA's share price is $43.96. Heartland Financial USA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $28.77. Hence, Heartland Financial USA's Price to Tangible Book Ratio of today is 1.53.

The historical rank and industry rank for Heartland Financial USA's Price-to-Tangible-Book or its related term are showing as below:

HTLF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26   Med: 1.68   Max: 2.32
Current: 1.47

During the past 13 years, Heartland Financial USA's highest Price to Tangible Book Ratio was 2.32. The lowest was 1.26. And the median was 1.68.

HTLF's Price-to-Tangible-Book is ranked worse than
77.55% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs HTLF: 1.47

A closely related ratio is called PB Ratio. As of today, Heartland Financial USA's share price is $43.96. Heartland Financial USA's Book Value per Sharefor the quarter that ended in Dec. 2023 was $42.69. Hence, Heartland Financial USA's P/B Ratio of today is 1.03.


Heartland Financial USA Price-to-Tangible-Book Historical Data

The historical data trend for Heartland Financial USA's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Heartland Financial USA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.26 1.47 1.95 1.31

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
Price-to-Tangible-Book 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 1.46 1.03 1.12 1.31 1.18

Competitive Comparison of Heartland Financial USA's Price-to-Tangible-Book

For the Banks - Regional subindustry, Heartland Financial USA's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heartland Financial USA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Heartland Financial USA's Price-to-Tangible-Book falls into.



Heartland Financial USA Price-to-Tangible-Book Calculation

Heartland Financial USA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=43.96/28.767
=1.53

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Heartland Financial USA Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Heartland Financial USA's Price-to-Tangible-Book 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

Heartland Financial USA (Heartland Financial USA) Headlines