Heartland BancCorp (OTCMKTS:HLAN) Issues Quarterly Earnings Results

Heartland BancCorp (OTCMKTS:HLAN) announced its earnings results on Monday. The bank reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.15), Zacks reports. The business had revenue of $30.26 million for the quarter.

Heartland BancCorp Stock Performance

Shares of Heartland BancCorp stock traded up $0.76 during trading on Thursday, reaching $148.76. 4,530 shares of the company’s stock were exchanged, compared to its average volume of 1,258. The company has a market cap of $299.89 million, a P/E ratio of 14.89 and a beta of 0.40. Heartland BancCorp has a 1-year low of $81.60 and a 1-year high of $150.00. The firm’s 50-day moving average price is $144.56 and its 200 day moving average price is $115.31.

Analysts Set New Price Targets

Separately, DA Davidson restated a “neutral” rating and issued a $145.00 price target (up from $103.00) on shares of Heartland BancCorp in a report on Wednesday, August 7th.

About Heartland BancCorp

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.