Heartland BancCorp Logo

Heartland BancCorp

HLAN

(3.5)
Stock Price

167,75 USD

1.07% ROA

12.67% ROE

13.84x PER

Market Cap.

282.857.400,00 USD

53.27% DER

2.17% Yield

17.89% NPM

Heartland BancCorp Stock Analysis

Heartland BancCorp Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Heartland BancCorp Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (49%), which means it has a small amount of debt compared to the ownership it holds

2 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Dividend Growth

The company's dividend growth has consistently increased every year in the last five years, indicating a strong track record of positive returns for investors.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 ROE

The stock's ROE falls within an average range (13.31%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (1.08%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

7 PBV

The stock's PBV ratio (1.15x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

8 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

9 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

10 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (356) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

11 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

Heartland BancCorp Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Heartland BancCorp Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Heartland BancCorp Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Heartland BancCorp Revenue
Year Revenue Growth
2002 15.969.326
2003 18.387.348 13.15%
2004 17.907.831 -2.68%
2005 17.851.017 -0.32%
2006 18.288.458 2.39%
2007 18.630.062 1.83%
2008 19.451.097 4.22%
2009 21.693.994 10.34%
2011 24.154.785 10.19%
2012 27.115.337 10.92%
2013 24.436.605 -10.96%
2014 25.952.939 5.84%
2015 29.399.174 11.72%
2016 31.318.199 6.13%
2017 35.694.578 12.26%
2018 41.219.000 13.4%
2019 48.232.000 14.54%
2020 60.452.000 20.21%
2021 64.804.000 6.72%
2022 68.372.000 5.22%
2023 73.716.000 7.25%
2023 104.825.000 29.68%
2024 117.608.000 10.87%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Heartland BancCorp Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Heartland BancCorp General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 6.571.423
2003 7.673.115 14.36%
2004 6.918.554 -10.91%
2005 6.762.333 -2.31%
2006 7.041.143 3.96%
2007 7.557.118 6.83%
2008 8.406.367 10.1%
2009 9.626.440 12.67%
2011 8.790.597 -9.51%
2012 8.969.988 2%
2013 8.836.736 -1.51%
2014 9.636.358 8.3%
2015 10.742.707 10.3%
2016 11.781.273 8.82%
2017 13.231.116 10.96%
2018 15.354.000 13.83%
2019 18.591.000 17.41%
2020 20.812.000 10.67%
2021 23.992.000 13.25%
2022 28.713.000 16.44%
2023 30.200.000 4.92%
2023 30.724.000 1.71%
2024 29.192.000 -5.25%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Heartland BancCorp EBITDA
Year EBITDA Growth
2002 4.481.834
2003 5.433.447 17.51%
2004 5.783.489 6.05%
2005 6.093.117 5.08%
2006 6.222.354 2.08%
2007 6.003.374 -3.65%
2008 6.060.066 0.94%
2009 5.038.793 -20.27%
2011 7.578.548 33.51%
2012 8.891.098 14.76%
2013 6.887.435 -29.09%
2014 8.366.578 17.68%
2015 11.083.267 24.51%
2016 11.135.048 0.47%
2017 12.950.730 14.02%
2018 13.944.000 7.12%
2019 28.649.000 51.33%
2020 29.541.000 3.02%
2021 30.115.000 1.91%
2022 30.245.000 0.43%
2023 23.736.000 -27.42%
2023 1.932.000 -1128.57%
2024 -936.000 306.41%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Heartland BancCorp Gross Profit
Year Gross Profit Growth
2002 15.969.326
2003 18.387.348 13.15%
2004 17.907.831 -2.68%
2005 17.851.017 -0.32%
2006 18.288.458 2.39%
2007 18.630.062 1.83%
2008 19.451.097 4.22%
2009 21.693.994 10.34%
2011 24.154.785 10.19%
2012 27.115.337 10.92%
2013 24.436.605 -10.96%
2014 25.952.939 5.84%
2015 29.399.174 11.72%
2016 31.318.199 6.13%
2017 35.694.578 12.26%
2018 41.219.000 13.4%
2019 48.232.000 14.54%
2020 60.452.000 20.21%
2021 64.804.000 6.72%
2022 68.372.000 5.22%
2023 73.716.000 7.25%
2023 104.826.000 29.68%
2024 117.608.000 10.87%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Heartland BancCorp Net Profit
Year Net Profit Growth
2002 3.158.426
2003 3.857.507 18.12%
2004 4.073.895 5.31%
2005 4.268.722 4.56%
2006 4.331.293 1.44%
2007 4.156.522 -4.2%
2008 4.197.887 0.99%
2009 3.591.679 -16.88%
2011 5.068.685 29.14%
2012 6.698.724 24.33%
2013 5.216.160 -28.42%
2014 6.081.214 14.23%
2015 8.127.700 25.18%
2016 7.988.259 -1.75%
2017 8.872.965 9.97%
2018 11.415.000 22.27%
2019 13.196.000 13.5%
2020 14.767.000 10.64%
2021 18.593.000 20.58%
2022 18.071.000 -2.89%
2023 19.384.000 6.77%
2023 19.516.000 0.68%
2024 20.348.000 4.09%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Heartland BancCorp Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 2
2003 2 50%
2004 3 0%
2005 3 0%
2006 3 0%
2007 3 0%
2008 3 0%
2009 2 0%
2011 3 33.33%
2012 4 25%
2013 3 -33.33%
2014 4 0%
2015 5 40%
2016 5 0%
2017 6 0%
2018 7 16.67%
2019 7 0%
2020 7 14.29%
2021 9 22.22%
2022 9 0%
2023 10 0%
2023 10 0%
2024 10 10%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Heartland BancCorp Free Cashflow
Year Free Cashflow Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2011 6.938.924 100%
2012 7.500.855 7.49%
2013 0 0%
2014 7.560.732 100%
2015 7.777.056 2.78%
2016 7.760.355 -0.22%
2017 -4.888.883 258.73%
2018 5.825.000 183.93%
2019 12.780.000 54.42%
2020 10.702.000 -19.42%
2021 16.633.000 35.66%
2022 20.253.000 17.87%
2023 17.103.000 -18.42%
2024 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Heartland BancCorp Operating Cashflow
Year Operating Cashflow Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2011 8.009.068 100%
2012 9.483.159 15.54%
2013 0 0%
2014 9.069.935 100%
2015 9.279.411 2.26%
2016 9.070.105 -2.31%
2017 10.217.597 11.23%
2018 14.235.000 28.22%
2019 15.970.000 10.86%
2020 11.743.000 -36%
2021 17.860.000 34.25%
2022 23.243.000 23.16%
2023 22.271.000 -4.36%
2024 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Heartland BancCorp Capital Expenditure
Year Capital Expenditure Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2011 1.070.144 100%
2012 1.982.304 46.02%
2013 0 0%
2014 1.509.203 100%
2015 1.502.355 -0.46%
2016 1.309.750 -14.71%
2017 15.106.480 91.33%
2018 8.410.000 -79.63%
2019 3.190.000 -163.64%
2020 1.041.000 -206.44%
2021 1.227.000 15.16%
2022 2.990.000 58.96%
2023 5.168.000 42.14%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Heartland BancCorp Equity
Year Equity Growth
2002 25.605.571
2003 28.273.849 9.44%
2004 31.409.199 9.98%
2005 33.670.434 6.72%
2006 36.274.783 7.18%
2007 38.885.759 6.71%
2008 41.119.968 5.43%
2009 44.256.333 7.09%
2011 50.755.495 12.8%
2012 55.724.921 8.92%
2013 54.246.846 -2.72%
2014 60.709.124 10.64%
2015 66.661.356 8.93%
2016 71.400.168 6.64%
2017 78.556.450 9.11%
2018 115.028.000 31.71%
2019 128.390.000 10.41%
2020 140.896.000 8.88%
2021 153.158.000 8.01%
2022 143.908.000 -6.43%
2023 162.532.000 11.46%
2023 151.137.000 -7.54%
2024 167.740.000 9.9%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Heartland BancCorp Assets
Year Assets Growth
2002 312.923.015
2003 346.160.461 9.6%
2004 378.290.085 8.49%
2005 430.186.803 12.06%
2006 471.315.824 8.73%
2007 486.904.810 3.2%
2008 507.288.626 4.02%
2009 523.935.173 3.18%
2011 571.038.684 8.25%
2012 578.616.533 1.31%
2013 580.358.578 0.3%
2014 649.682.288 10.67%
2015 729.496.581 10.94%
2016 781.302.354 6.63%
2017 900.934.902 13.28%
2018 1.047.079.000 13.96%
2019 1.114.857.000 6.08%
2020 1.547.080.000 27.94%
2021 1.469.109.000 -5.31%
2022 1.663.126.000 11.67%
2023 1.886.932.000 11.86%
2023 1.805.690.000 -4.5%
2024 1.920.132.000 5.96%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Heartland BancCorp Liabilities
Year Liabilities Growth
2002 15.361.086
2003 317.886.612 95.17%
2004 346.880.886 8.36%
2005 396.516.369 12.52%
2006 435.041.041 8.86%
2007 0 0%
2008 466.168.658 100%
2009 479.678.840 2.82%
2011 520.283.189 7.8%
2012 522.891.612 0.5%
2013 35.288.279 -1381.77%
2014 32.816.638 -7.53%
2015 662.835.225 95.05%
2016 709.902.186 6.63%
2017 822.378.452 13.68%
2018 932.051.000 11.77%
2019 986.467.000 5.52%
2020 1.406.184.000 29.85%
2021 1.315.951.000 -6.86%
2022 1.519.218.000 13.38%
2023 1.724.400.000 11.9%
2023 1.654.553.000 -4.22%
2024 1.752.392.000 5.58%

Heartland BancCorp Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
56.55
Net Income per Share
10.12
Price to Earning Ratio
13.84x
Price To Sales Ratio
2.48x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
1.68
EV to Sales
2.86
EV Over EBITDA
-281.95
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.07
FreeCashFlow Yield
0
Market Cap
0,28 Bil.
Enterprise Value
0,33 Bil.
Graham Number
137.63
Graham NetNet
-730.99

Income Statement Metrics

Net Income per Share
10.12
Income Quality
0
ROE
0.13
Return On Assets
0.01
Return On Capital Employed
0.02
Net Income per EBT
0.82
EBT Per Ebit
0.96
Ebit per Revenue
0.23
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.16
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.23
Pretax Profit Margin
0.22
Net Profit Margin
0.18

Dividends

Dividend Yield
0.02
Dividend Yield %
2.17
Payout Ratio
0
Dividend Per Share
3.04

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.08
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
138,41
Book Value per Share
83,22
Tangible Book Value per Share
75.12
Shareholders Equity per Share
83.22
Interest Debt per Share
56.05
Debt to Equity
0.53
Debt to Assets
0.05
Net Debt to EBITDA
-37.68
Current Ratio
0.11
Tangible Asset Value
0,15 Bil.
Net Current Asset Value
-1,71 Bil.
Invested Capital
-326038000
Working Capital
-0,38 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.32

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Heartland BancCorp Dividends
Year Dividends Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 1 0%
2006 1 0%
2007 1 100%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 2 0%
2018 2 0%
2019 2 50%
2020 2 0%
2021 3 0%
2022 3 0%
2023 3 33.33%
2024 2 -50%

Heartland BancCorp Profile

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 home mortgage loans; personal loans, such as home equity and personal unsecured loans, as well as automobile, boat, motorcycle, power sport vehicle, recreational vehicle, and trailer loans; commercial and residential real estate loans, construction loans, small business administration loans, and working capital lines of credit and equipment financing; participation loans; financial solutions for various markets; and agribusiness lending solutions. In addition, the company offers credit and debit cards, wire transfers, night depository, safe deposit boxes, cashier's checks, notary services, overdraft protection, treasury management, retirement and education planning, wealth management, mobile wallet, and online banking services, as well as insurance products and services. It operates through a network of 18 full-service banking offices in central Ohio and northern Kentucky. The company was founded in 1911 and is based in Whitehall, Ohio.

CEO
Mr. Gregory Scott McComb
Employee
298
Address
430 North Hamilton Road
Whitehall, 43213

Heartland BancCorp Executives & BODs

Heartland BancCorp Executives & BODs
# Name Age
1 Ms. Ashley A. Trout
Senior Vice President & Director of Strategy
70
2 Ms. Laurie A. Pfeiffer
Senior Vice President & Director of Commercial Banking
70
3 Mr. Gregory Scott McComb
Chairman, President & Chief Executive Officer
70
4 Mr. Tarne Tassniyom
Senior Vice President & Chief Information Officer
70
5 Ryan P. Arras
Senior Vice President & Finance Manager
70
6 Alyssa L. Booms
Senior Vice President & Director of Branch Banking
70
7 Mr. Benjamin J. Babcanec
Executive Vice President & Chief Operating Officer
70
8 Mr. Matthew H. Booms
Senior Vice President & Director of Mortgage Banking
70
9 Ms. Carrie L. Almendinger
Executive Vice President, Chief Financial Officer & Treasurer
70
10 Ms. Nancy M. Matney
Senior Vice President and Director of Treasury Management & Client Services
70

Heartland BancCorp Competitors