Heartland Financial USA Inc Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
933M
28.22%
-21M
954M
162M
271M
0M
97M
33M
97M
58M
80M
-62.33%
826M
610M
97M
21M
67M
728M
5.61%
0M
728M
72M
254M
0M
344M
76M
268M
56M
212M
-3.52%
72M
598M
352M
8M
344M
689M
13.51%
0M
689M
-414M
240M
0M
275M
28M
275M
55M
220M
59.44%
414M
561M
285M
9M
275M
607M
6.60%
0M
607M
-433M
203M
0M
174M
45M
174M
36M
138M
-7.50%
433M
492M
185M
27M
174M
569M
9.30%
0M
569M
-385M
201M
0M
184M
81M
184M
35M
149M
27.46%
385M
434M
196M
31M
184M
521M
21.18%
76M
521M
-324M
200M
0M
197M
52M
145M
28M
117M
55.43%
324M
414M
228M
31M
219M
430M
5.67%
49M
430M
40M
175M
0M
177M
33M
119M
44M
75M
-6.32%
40M
330M
183M
30M
177M
407M
20.40%
44M
407M
34M
168M
0M
174M
32M
117M
37M
80M
33.82%
34M
295M
179M
0M
174M
338M
19.30%
45M
338M
29M
148M
0M
134M
32M
81M
21M
60M
43.30%
29M
234M
137M
0M
134M
283M
15.02%
48M
283M
24M
134M
0M
104M
34M
55M
0M
42M
13.89%
24M
0M
107M
0M
104M
246M
-1.06%
45M
246M
23M
122M
0M
99M
36M
47M
0M
37M
-25.24%
23M
0M
100M
0M
99M
249M
345.37%
47M
249M
21M
109M
0M
113M
39M
73M
0M
49M
687.61%
21M
0M
114M
0M
113M
56M
-71.40%
76M
56M
17M
23M
0M
92M
11M
8M
0M
6M
-73.86%
17M
0M
92M
0M
92M
195M
6.06%
88M
195M
14M
69M
0M
97M
56M
34M
0M
24M
264.26%
14M
0M
98M
0M
97M
184M
21.97%
110M
184M
12M
60M
0M
6M
71M
14M
0M
7M
-41.89%
12M
0M
93M
0M
92M
151M
6.89%
116M
151M
4M
57M
0M
11M
87M
15M
0M
11M
-55.95%
4M
0M
111M
0M
102M
141M
4.29%
116M
141M
4M
55M
0M
24M
106M
33M
0M
26M
2.12%
4M
0M
150M
0M
141M
135M
0.77%
90M
135M
3M
51M
0M
15M
86M
37M
0M
25M
10.45%
3M
0M
132M
0M
123M
134M
16.94%
68M
134M
-40M
46M
0M
94M
61M
33M
0M
23M
12.22%
40M
0M
117M
0M
94M
115M
17.67%
49M
115M
-43M
39M
0M
72M
44M
28M
0M
20M
14.30%
43M
0M
93M
0M
72M
98M
7.48%
43M
98M
2M
33M
0M
14M
38M
26M
0M
18M
-6.08%
2M
0M
87M
0M
64M
91M
13.31%
46M
91M
-22M
29M
0M
69M
42M
24M
0M
19M
65.30%
22M
0M
88M
0M
69M
80M
12.13%
64M
80M
-3M
25M
0M
77M
60M
17M
0M
11M
19.07%
3M
0M
95M
0M
77M
72M
21.89%
63M
72M
2M
24M
0M
74M
60M
14M
0M
10M
16.90%
2M
0M
90M
0M
74M
59M
221.68%
0M
59M
-6M
19M
0M
52M
41M
11M
0M
8M
-9.10%
6M
0M
68M
0M
52M
18M
85.37%
0M
18M
31M
0M
0M
49M
36M
13M
0M
9M
5.94%
31M
0M
57M
0M
49M
10M
12.22%
0M
10M
34M
0M
0M
44M
32M
12M
0M
9M
6.36%
34M
0M
46M
0M
44M
9M
-
0M
9M
30M
0M
0M
38M
28M
11M
0M
8M
6.36%
30M
0M
40M
0M
38M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
4Q1998
3Q1998
2Q1998
1Q1998
4Q1997
3Q1997
2Q1997
1Q1997
144M
-25.31%
0M
144M
50M
75M
0M
0M
12M
-98M
-27M
-70M
-216.01%
235M
156M
2M
5M
0M
174M
1,731.52%
0M
174M
-112M
66M
0M
62M
100M
62M
13M
48M
-14.98%
112M
146M
63M
2M
62M
183M
1.54%
0M
183M
-118M
65M
0M
65M
88M
65M
15M
49M
-4.74%
118M
147M
67M
2M
65M
181M
7.03%
0M
181M
18M
62M
0M
133M
65M
68M
15M
53M
5.84%
18M
152M
135M
2M
133M
193M
13.61%
0M
193M
37M
62M
0M
114M
39M
75M
14M
61M
22.34%
37M
165M
116M
2M
114M
10M
-94.58%
0M
10M
18M
63M
0M
92M
20M
71M
14M
57M
1.14%
18M
156M
93M
2M
92M
180M
3.46%
0M
180M
17M
64M
0M
101M
10M
67M
15M
52M
-15.80%
17M
142M
103M
2M
101M
169M
-0.31%
0M
169M
-145M
66M
0M
24M
7M
64M
14M
50M
-5.58%
145M
135M
26M
2M
24M
170M
4.39%
0M
170M
72M
63M
0M
67M
7M
60M
10M
50M
24.54%
72M
137M
69M
2M
67M
175M
15.35%
0M
175M
19M
61M
0M
80M
7M
69M
13M
56M
16.61%
19M
143M
82M
2M
80M
174M
13.06%
0M
174M
18M
57M
0M
89M
7M
78M
16M
62M
104.46%
18M
141M
92M
2M
89M
170M
22.71%
0M
170M
15M
59M
0M
80M
8M
68M
15M
53M
163.54%
15M
140M
83M
3M
80M
163M
16.74%
0M
163M
59M
52M
0M
61M
8M
49M
9M
40M
5.17%
59M
133M
64M
7M
61M
152M
8.25%
0M
152M
14M
51M
0M
74M
8M
62M
14M
48M
38.56%
14M
122M
77M
7M
74M
154M
-1.89%
0M
154M
15M
50M
0M
51M
10M
38M
7M
30M
-33.29%
15M
124M
54M
7M
51M
138M
4.25%
0M
138M
15M
50M
0M
49M
19M
26M
6M
20M
-36.37%
15M
113M
52M
7M
49M
139M
1.38%
0M
139M
60M
50M
0M
68M
20M
43M
5M
38M
17.77%
60M
113M
71M
7M
68M
140M
0.60%
0M
140M
15M
50M
0M
69M
22M
43M
8M
35M
2.68%
15M
111M
72M
7M
69M
157M
23.17%
0M
157M
18M
50M
0M
84M
20M
59M
14M
45M
62.02%
18M
107M
87M
8M
84M
133M
13.89%
0M
133M
14M
50M
0M
63M
18M
40M
8M
31M
35.37%
14M
103M
66M
8M
63M
137M
16.85%
26M
137M
49M
48M
0M
60M
16M
39M
0M
32M
135.09%
49M
0M
63M
8M
60M
140M
22.96%
19M
140M
14M
51M
0M
63M
14M
43M
0M
34M
55.83%
14M
0M
65M
8M
63M
128M
27.11%
17M
128M
12M
51M
0M
53M
12M
35M
0M
28M
26.97%
12M
0M
55M
7M
53M
116M
18.26%
14M
116M
10M
50M
0M
43M
10M
28M
0M
23M
29.19%
10M
0M
45M
7M
43M
118M
18.50%
15M
118M
40M
44M
0M
50M
9M
35M
0M
14M
-28.65%
40M
0M
52M
7M
50M
113M
11.88%
15M
113M
10M
46M
0M
46M
9M
30M
0M
22M
7.05%
10M
0M
48M
8M
46M
100M
-3.72%
8M
100M
9M
42M
0M
44M
7M
30M
0M
22M
4.71%
9M
0M
45M
8M
44M
99M
-3.40%
11M
99M
11M
43M
0M
37M
8M
24M
0M
18M
-9.99%
11M
0M
38M
7M
37M
99M
19.75%
10M
99M
34M
40M
0M
42M
8M
28M
0M
19M
31.33%
34M
0M
43M
8M
42M
101M
20.77%
13M
101M
7M
42M
0M
43M
8M
28M
0M
20M
38.58%
7M
0M
45M
8M
43M
104M
20.04%
10M
104M
9M
43M
0M
45M
8M
31M
0M
21M
38.32%
9M
0M
46M
7M
45M
102M
21.05%
10M
102M
8M
43M
0M
44M
8M
30M
0M
20M
27.37%
8M
0M
46M
8M
44M
83M
13.04%
10M
83M
29M
34M
0M
33M
7M
19M
0M
15M
18.98%
29M
0M
34M
8M
33M
84M
17.21%
11M
84M
7M
38M
0M
31M
8M
20M
0M
15M
21.79%
7M
0M
32M
5M
31M
87M
21.33%
13M
87M
7M
38M
0M
32M
8M
19M
0M
15M
40.71%
7M
0M
32M
5M
32M
84M
25.10%
11M
84M
7M
38M
0M
38M
9M
23M
0M
16M
128.00%
7M
0M
38M
6M
38M
73M
19.03%
11M
73M
24M
32M
0M
29M
8M
17M
0M
12M
54.54%
24M
0M
30M
5M
29M
72M
20.37%
11M
72M
6M
34M
0M
27M
9M
15M
0M
12M
75.81%
6M
0M
28M
4M
27M
72M
16.69%
11M
72M
6M
34M
0M
27M
8M
15M
0M
11M
12.75%
6M
0M
28M
4M
27M
67M
5.56%
15M
67M
6M
33M
0M
21M
9M
9M
0M
7M
-44.83%
6M
0M
21M
4M
21M
62M
-2.61%
11M
62M
23M
31M
0M
21M
9M
8M
0M
8M
-10.08%
23M
0M
22M
5M
21M
60M
-10.59%
14M
60M
6M
30M
0M
25M
9M
8M
0M
7M
-49.88%
6M
0M
25M
8M
25M
61M
-6.34%
11M
61M
5M
30M
0M
24M
9M
13M
0M
10M
-31.53%
5M
0M
24M
2M
24M
64M
1.97%
10M
64M
5M
31M
0M
29M
9M
18M
0M
12M
-2.75%
5M
0M
29M
2M
29M
63M
13.15%
13M
63M
21M
30M
0M
19M
10M
13M
0M
9M
41.25%
21M
0M
19M
2M
19M
67M
34.51%
9M
67M
5M
28M
0M
31M
10M
20M
0M
14M
85.16%
5M
0M
32M
2M
31M
65M
27.67%
13M
65M
5M
26M
0M
33M
10M
21M
0M
14M
36.55%
5M
0M
33M
2M
33M
63M
29.45%
12M
63M
4M
25M
0M
31M
10M
19M
0M
13M
203.07%
4M
0M
31M
2M
31M
56M
3.21%
19M
56M
17M
23M
0M
19M
11M
8M
0M
6M
-4.36%
17M
0M
21M
2M
19M
49M
0.35%
19M
49M
4M
19M
0M
23M
11M
10M
0M
7M
6.04%
4M
0M
23M
2M
23M
51M
9.92%
16M
51M
4M
18M
0M
29M
12M
15M
0M
10M
100.29%
4M
0M
29M
2M
29M
48M
6.74%
22M
48M
4M
20M
0M
18M
12M
5M
0M
4M
-20.76%
4M
0M
20M
2M
18M
54M
13.17%
22M
54M
14M
18M
0M
21M
13M
8M
0M
7M
-183.39%
14M
0M
23M
2M
21M
49M
8.42%
18M
49M
4M
17M
0M
25M
14M
11M
0M
7M
97.04%
4M
0M
27M
2M
25M
47M
-0.85%
24M
47M
4M
16M
0M
24M
14M
7M
0M
5M
7.30%
4M
0M
24M
2M
24M
45M
3.28%
24M
45M
3M
15M
0M
24M
15M
7M
0M
5M
-12.74%
3M
0M
25M
2M
24M
48M
36.30%
27M
48M
12M
16M
0M
6M
16M
-6M
0M
-8M
191.99%
12M
0M
13M
2M
10M
45M
7.16%
29M
45M
3M
16M
0M
24M
17M
4M
0M
4M
16.87%
3M
0M
24M
2M
24M
47M
26.62%
28M
47M
3M
18M
0M
27M
18M
7M
0M
5M
1.13%
3M
0M
27M
2M
27M
44M
21.06%
25M
44M
1M
20M
0M
28M
19M
9M
0M
6M
-2.22%
1M
0M
30M
2M
28M
35M
-2.09%
36M
35M
4M
12M
0M
11M
21M
-4M
0M
-3M
-139.74%
4M
0M
19M
3M
16M
42M
20.77%
28M
42M
1M
15M
0M
3M
21M
4M
0M
3M
-56.61%
1M
0M
27M
2M
25M
37M
3.78%
27M
37M
1M
15M
0M
5M
21M
6M
0M
5M
-23.96%
1M
0M
30M
2M
28M
36M
4.96%
25M
36M
1M
15M
0M
6M
24M
9M
0M
6M
8.59%
1M
0M
34M
2M
32M
36M
2.85%
30M
36M
-1M
12M
0M
35M
26M
9M
0M
7M
-10.37%
1M
0M
37M
2M
35M
35M
1.12%
28M
35M
1M
14M
0M
7M
27M
10M
0M
7M
0.74%
1M
0M
40M
2M
37M
36M
-4.24%
31M
36M
1M
14M
0M
5M
27M
7M
0M
6M
-0.59%
1M
0M
37M
2M
35M
35M
-4.19%
27M
35M
1M
14M
0M
6M
25M
8M
0M
6M
29.02%
1M
0M
36M
2M
34M
35M
0.25%
24M
35M
1M
13M
0M
36M
25M
12M
0M
8M
30.69%
1M
0M
39M
2M
36M
35M
-0.16%
24M
35M
1M
13M
0M
7M
23M
10M
0M
7M
9.25%
1M
0M
29M
-4M
33M
37M
12.80%
22M
37M
1M
13M
0M
4M
21M
9M
0M
6M
15.09%
1M
0M
36M
6M
30M
36M
13.52%
19M
36M
3M
13M
0M
15M
19M
6M
0M
4M
-15.03%
3M
0M
30M
6M
25M
35M
7.36%
19M
35M
-9M
12M
0M
26M
18M
8M
0M
6M
-12.57%
9M
0M
31M
6M
26M
35M
19.46%
17M
35M
1M
12M
0M
4M
16M
9M
0M
6M
56.60%
1M
0M
31M
6M
25M
33M
23.32%
16M
33M
1M
12M
0M
4M
15M
8M
0M
5M
18.16%
1M
0M
28M
6M
23M
32M
19.42%
14M
32M
1M
11M
0M
4M
13M
8M
0M
5M
3.91%
1M
0M
26M
5M
21M
32M
35.80%
14M
32M
-11M
11M
0M
21M
12M
9M
0M
7M
77.04%
11M
0M
26M
5M
21M
29M
12.06%
13M
29M
1M
11M
0M
3M
12M
5M
0M
4M
-23.67%
1M
0M
23M
6M
18M
27M
13.79%
11M
27M
1M
9M
0M
3M
10M
7M
0M
5M
8.75%
1M
0M
23M
6M
17M
27M
9.61%
11M
27M
1M
9M
0M
3M
10M
7M
0M
5M
11.98%
1M
0M
21M
4M
17M
24M
-2.75%
11M
24M
2M
9M
0M
14M
10M
5M
0M
4M
-39.01%
2M
0M
21M
6M
15M
26M
14.31%
10M
26M
-9M
9M
0M
17M
9M
8M
0M
5M
10.19%
9M
0M
23M
6M
17M
24M
9.40%
11M
24M
-8M
8M
0M
16M
10M
6M
0M
4M
7.57%
8M
0M
22M
6M
16M
24M
9.95%
11M
24M
-8M
8M
0M
16M
10M
7M
0M
5M
18.65%
8M
0M
22M
5M
16M
25M
12.40%
12M
25M
-7M
7M
0M
17M
9M
6M
0M
6M
75.36%
7M
0M
22M
5M
17M
23M
13.59%
11M
23M
-5M
7M
0M
18M
11M
7M
0M
5M
79.45%
5M
0M
22M
4M
18M
22M
9.63%
11M
22M
-5M
7M
0M
16M
11M
6M
0M
4M
38.98%
5M
0M
22M
5M
16M
22M
17.94%
12M
22M
-5M
7M
0M
17M
11M
6M
0M
4M
55.25%
5M
0M
22M
5M
17M
22M
17.89%
14M
22M
-4M
7M
0M
18M
13M
5M
0M
3M
26.34%
4M
0M
24M
6M
18M
20M
9.29%
16M
20M
-1M
6M
0M
19M
15M
4M
0M
3M
2.50%
1M
0M
23M
4M
19M
20M
12.20%
17M
20M
0M
6M
0M
20M
16M
4M
0M
3M
28.55%
0M
0M
24M
4M
20M
19M
8.89%
17M
19M
1M
6M
0M
20M
16M
4M
0M
2M
20.16%
1M
0M
24M
4M
20M
19M
19.39%
17M
19M
2M
6M
0M
21M
17M
4M
0M
3M
37.80%
2M
0M
25M
4M
21M
18M
19.80%
16M
18M
1M
6M
0M
19M
16M
4M
0M
3M
29.85%
1M
0M
23M
4M
19M
18M
22.74%
15M
18M
0M
6M
0M
17M
14M
3M
0M
2M
4.24%
0M
0M
21M
4M
17M
17M
25.27%
14M
17M
-1M
6M
0M
16M
13M
3M
0M
2M
-2.67%
1M
0M
20M
4M
16M
16M
20.16%
12M
4M
25M
13M
0M
3M
12M
3M
0M
2M
-16.67%
36M
0M
18M
4M
14M
15M
24.39%
11M
5M
23M
13M
0M
3M
11M
3M
0M
2M
-4.76%
34M
0M
17M
4M
13M
14M
41.58%
10M
5M
21M
11M
0M
3M
10M
3M
0M
2M
0.00%
30M
0M
16M
3M
13M
14M
35.64%
9M
5M
20M
11M
0M
3M
9M
3M
0M
2M
-16.00%
29M
0M
15M
3M
12M
13M
31.63%
10M
3M
19M
10M
0M
3M
10M
3M
0M
2M
-11.11%
29M
0M
16M
3M
13M
12M
30.85%
10M
3M
19M
9M
0M
3M
10M
3M
0M
2M
-8.70%
28M
0M
16M
3M
13M
10M
17.44%
9M
1M
16M
7M
0M
3M
9M
3M
0M
2M
23.53%
25M
0M
13M
2M
12M
10M
23.17%
9M
2M
15M
7M
0M
4M
9M
4M
0M
3M
31.58%
24M
0M
12M
0M
4M
10M
-
9M
1M
15M
6M
0M
4M
9M
4M
0M
3M
31.58%
23M
0M
15M
3M
12M
9M
-
8M
1M
15M
6M
0M
3M
8M
3M
0M
2M
31.58%
23M
0M
11M
0M
3M
9M
-
8M
1M
14M
6M
0M
2M
8M
2M
0M
2M
31.58%
22M
0M
10M
0M
2M
8M
-
7M
1M
13M
6M
0M
3M
7M
3M
0M
2M
31.58%
20M
0M
10M
0M
3M