Heartland Financial Profits Soar; Western Banks Drive Heavier Loan Volume
Telegraph - Herald (Dubuque) › October 26, 2005
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Summary
Spurred by loan growth and steady westward banking expansion, Heartland Financial USA Inc. reported continued robust earnings growth in the third quarter that eclipsed analyst expectations.
Dubuque-based Heartland (Nasdaq: HTLF) this week reported net income of $6.3 million, or 38 cents per diluted share, in the quarter, ended Sept. 30. Profits soared 57 percent compared to $4 million in the same quarter a year ago.See the full content of this document
Extract
Heartland Financial Profits Soar; Western Banks Drive Heavier Loan Volume
Analysts polled by Thomson Financial had pegged Heartland's profits at 35 cents per share.
"We are extremely pleased wit...See the full content of this document
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