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
Net IncomeFinancialsRevenue

Heartland Financial USA, Inc. (HTLF) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

HTLF · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $79.9M for FY2023 (fiscal year ending 2023-12-31), down 62.3% year-over-year. Net profit margin was 14.4%. Based on available data, Heartland Financial USA, Inc. has been profitable since at least 2009.

FY2023 Net Income$79.9M▼ -62.3% YoY
Trailing 12M (TTM)$85.2Mtrailing 4 quarters sum
Net Profit Margin14.4%$79.9M ÷ $553.3M
YoY Change-62.3%—
5-Year CAGR-7.3%FY2020 → FY2023
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2009

▸ FMP /income-statement · Annual · HTLF net income history · HTLF profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2023$79.9M▼ 62.3%14.4%
FY2022$212.2M▼ 3.5%29.2%
FY2021$219.9M▲ +59.4%31.9%
FY2020$137.9M▼ 7.5%22.7%
FY2019$149.1M▲ +27.5%26.2%

Net income vs peers (Financial Services)

#CompanyNet IncomeYoY
#1
Heartland Financial USA, Inc.
Heartland Financial USA, Inc.YOU
HTLF
$79.9M-62.3%
#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$66.97B-24.8%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$66.97B-24.8%#4
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$57.05B-2.4%#5
Visa Inc.
Visa Inc.
V
$20.06B+1.6%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$14.97B+16.3%
Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Heartland Financial USA, Inc. (HTLF) reported net income of $79.9M for FY2023 (fiscal year ending 2023-12-31), down 62.3% year-over-year. The net profit margin was 14.4% — meaning the company kept $0.14 of every dollar of revenue as profit.

Based on available data, Heartland Financial USA, Inc. has been profitable since at least 2009. Net income reached a peak of $219.9M in FY2021. Data available for 15 fiscal years.

Heartland Financial USA, Inc.'s net profit margin was 14.4% for FY2023, based on the latest annual results.

Investors sometimes search for "Heartland Financial USA, Inc. net worth" — the company's market capitalization is a separate figure from HTLF net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

HTLF net income · 5 questions

Heartland Financial USA, Inc. is profitable. The company reported net income of $79.9M for FY2023, a net profit margin of 14.4%. Net income was down 62.3% year-over-year. Based on available data, Heartland Financial USA, Inc. has been profitable since at least 2009.

is HTLF profitabledoes HTLF make a profitHTLF profitabilityHTLF profitable company

▸ Source: FMP /income-statement · GAAP · Heartland Financial USA, Inc. · Heartland Financial USA, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026