Companies: 10,795·Total market cap: $144.5T
Heartland Financial USA, Inc.

Heartland Financial USA, Inc.

HTLFNASDAQFinancial Services
$64.67
$-1.43(-2.16%)
Market Cap$2.8B
P/E Ratio—
52W High$70.27
52W Low$32.035
Shares OutstandingFinancialsRevenue

Heartland Financial USA, Inc. (HTLF) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

HTLF · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
47.6M▲ +11.94% YoY Change
FY · as of Dec 31, 2023 · Reported in USD
vs 42.5M in FY 2022
Diluted Shares Outstanding
42.8M
incl. options, RSUs, convertibles
Dilution Spread
+-10.05%
Diluted vs Basic
YoY Change
+11.94%
year-over-year
Float (Free Float)
42.1M
publicly tradable shares
98.1% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+8.5%
2020 → 2023
5-Year CAGRincreasing
+7.6%
2018 → 2023
10-Year CAGRincreasing
+10.7%
2013 → 2023
ⓘ

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2023Latest
Diluted Shares: 42.8M
47.6M
+11.94%
FY 2022
Diluted Shares: 42.6M
42.5M
+0.56%
FY 2021
Diluted Shares: 42.4M
42.3M
+13.39%
FY 2020
Diluted Shares: 37.4M
37.3M
+3.55%
FY 2019
Diluted Shares: 36.1M
36.0M
+9.02%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Financial Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Financial Services sector.

#SymbolCompanyShares (Basic)vs HTLF
#1
Bank of America CorporationBAC
Bank of America Corporation
7.365B+>999%
#2
JPMorgan Chase & Co.JPM
JPMorgan Chase & Co.
2.789B+>999%
#3
Berkshire Hathaway Inc.BRK-B
Berkshire Hathaway Inc.
2.157B+>999%
#4
Visa Inc.V
Visa Inc.
1.942B+>999%
#5
Mastercard IncorporatedMA
Mastercard Incorporated
897.0M+>999%
#6
Heartland Financial USA, Inc.HTLF
Heartland Financial USA, Inc.YOU
47.6M—
#7
Berkshire Hathaway Inc.BRK-A
Berkshire Hathaway Inc.
1.4M-97.0%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Heartland Financial USA, Inc. (HTLF) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2023, Heartland Financial USA, Inc. reports 47.6M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Heartland Financial USA, Inc.'s basic shares outstanding (47.6M) represents currently issued shares. Diluted shares outstanding (42.8M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +-10.05%.

Shares Outstanding vs. Float (Free Float)

Heartland Financial USA, Inc.'s float is 42.1M (98.1% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float42.1M(98.1%)
Outstanding42.9M

ⓘ Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

Heartland Financial USA, Inc. (HTLF) shares outstanding history from 2004 to 2023. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Heartland Financial USA, Inc. shares outstanding for the fiscal year ending December 31, 2023 were 47.6M, a 11.94% increase year-over-year. Heartland Financial USA, Inc. FY 2023 shares outstanding were 47.6M, a +11.94% increase from FY 2022.

Heartland Financial USA, Inc. is a leading company operating in the Financial Services sector. The company's share count trajectory — with a 10-year CAGR of +10.7% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.
Market capSplitsEarningsFinancials (Income)Cash on handFree cash flowNet incomePrice history

Frequently asked questions

HTLF shares outstanding · 4 questions

As of December 31, 2023, Heartland Financial USA, Inc. (HTLF) has approximately 47.6M basic shares outstanding and 42.8M diluted shares outstanding. This represents a +11.94% year-over-year increase from FY 2022 (42.5M). The increase may reflect equity compensation issuances or secondary offerings.

HTLF shares outstandinghow many shares does HTLF haveHTLF basic shares 2023HTLF diluted shares

▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Heartland Financial USA, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08