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Recommendations
Heartland Financial price target raised to $37 from $33 at DA Davidson » 09:34
06/11/20
06/11
09:34
06/11/20
09:34
HTLF

Heartland Financial

$34.56 /

-2.05 (-5.60%)

DA Davidson analyst Jeff…

DA Davidson analyst Jeff Rulis raised the firm's price target on Heartland Financial to $37 from $33 and keeps a Neutral rating on the shares after the company announced an acquisition of the four-banking center, Arizona footprint from Wisconsin-based Johnson Financial Group. The deal is a "rare M&A transaction" in the post-COVID world, the analyst tells investors in a research note, adding that despite the lack of clarity on credit in the industry, the company is proceeding with its "acquisitive progress" in high-growth areas.

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HTLF Heartland Financial
$34.56 /

-2.05 (-5.60%)

HTLF Heartland Financial
$34.56 /

-2.05 (-5.60%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
HTLF Heartland Financial
$34.56 /

-2.05 (-5.60%)

Hot Stocks
Heartland Financial's Arizona Bank unit to acquire Johnson Bank's AZ branches » 09:30
06/11/20
06/11
09:30
06/11/20
09:30
HTLF

Heartland Financial

$34.56 /

-2.05 (-5.60%)

On June 9th, Heartland…

On June 9th, Heartland Financial and Racine, WI-based Johnson Financial Group jointly announced that Arizona Bank & Trust, a wholly-owned subsidiary of Heartland headquartered in Phoenix, Arizona, has entered into a purchase and assumption agreement, pursuant to which AB&T will acquire certain assets and will assume substantially all of the deposits and certain other liabilities of Johnson Bank's Arizona operations. Johnson Bank is a wholly owned subsidiary of JFG. Johnson Insurance Services is not a part of this transaction. Johnson Bank, which had $5.52 billion in total assets and $4.28 billion in deposits as of March 31, 2020, operates more than 40 banking centers in Wisconsin and four full-service banking centers in Phoenix and Scottsdale, Arizona. Under the terms of the purchase and assumption agreement, AB&T will acquire Johnson Bank's four Arizona banking centers, which had deposits of approximately $362 million and loans of $186 million as of March 31, 2020. The actual amount of deposits assumed and loans acquired will be determined at closing.

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HTLF Heartland Financial
$34.56 /

-2.05 (-5.60%)

HTLF Heartland Financial
$34.56 /

-2.05 (-5.60%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
HTLF Heartland Financial
$34.56 /

-2.05 (-5.60%)

Conference/Events
DA Davidson to hold a virtual conference » 04:55
05/08/20
05/08
04:55
05/08/20
04:55
AX

Axos Financial

$20.47 /

+0.25 (+1.24%)

, BANC

Banc of California

$9.88 /

+0.35 (+3.67%)

, BANR

Banner Corp.

$33.78 /

+0.2 (+0.60%)

, NFBK

Northfield Bancorp

$10.83 /

+0.24 (+2.27%)

, IBCP

Independent Bank

$13.17 /

+0.04 (+0.30%)

, HTLF

Heartland Financial

$30.88 /

+0.24 (+0.78%)

, PFBC

Preferred Bank

$34.03 /

+0.69 (+2.07%)

, OSBC

Old Second Bancorp

$6.75 /

-0.07 (-1.03%)

, UMPQ

Umpqua Holdings

$10.88 /

-0.01 (-0.09%)

, TSC

TriState Capital

$13.20 /

+0.27 (+2.09%)

, UBSI

United Bankshares

$26.15 /

-0.4 (-1.51%)

, BMRC

Bank of Marin

$29.46 /

-0.56 (-1.87%)

, CZWI

Citizens Community Bancorp

$7.87 /

-0.09 (-1.13%)

, EFSC

Enterprise Financial

$27.42 /

-0.85 (-3.01%)

, WTFC

Wintrust Financial

$36.26 /

+0.51 (+1.43%)

, PEBO

Peoples Bancorp

$21.24 /

-0.11 (-0.52%)

, ALRS

Alerus Financial

$16.89 /

-0.39 (-2.26%)

, HMST

HomeStreet

$22.76 /

+0.19 (+0.84%)

22nd Annual Financial…

22nd Annual Financial Institutions Virtual Conference will be held on May 6-8. Webcast Link

ShowHide Related Items >><<
AX Axos Financial
$20.47 /

+0.25 (+1.24%)

04/30/20 Wedbush
Axos Financial price target raised to $27 from $21 at Wedbush
01/09/20 B. Riley FBR
Axos, Meta Financial among FBR's top Banks & Thrifts picks for 2020
12/18/19
Fly Intel: Top five analyst initiations
12/17/19 Wedbush
Axos Financial initiated with an Outperform at Wedbush
BANC Banc of California
$9.88 /

+0.35 (+3.67%)

04/13/20 B. Riley FBR
Banc of California upgraded to Neutral from Sell at B. Riley FBR
02/11/20 B. Riley FBR
Banc of California buyback program a 'modest positive,' says B. Riley FBR
01/24/20 B. Riley FBR
B. Riley downgrades Banc of California to Sell, says strategic sale unlikely
01/24/20 B. Riley FBR
Banc of California downgraded to Sell from Neutral at B. Riley FBR
BANR Banner Corp.
$33.78 /

+0.2 (+0.60%)

04/01/20 Keefe Bruyette
Banner Corp. upgraded to Outperform from Market Perform at Keefe Bruyette
06/11/19
Banner Corp. upgraded to Buy from Neutral at DA Davidson
06/11/19 DA Davidson
Banner Corp. upgraded to Buy from Neutral at DA Davidson
NFBK Northfield Bancorp
$10.83 /

+0.24 (+2.27%)

IBCP Independent Bank
$13.17 /

+0.04 (+0.30%)

04/01/20 Keefe Bruyette
Independent Bank upgraded to Outperform from Market Perform at Keefe Bruyette
01/17/20 DA Davidson
Independent Bank downgraded to Neutral from Buy at DA Davidson
HTLF Heartland Financial
$30.88 /

+0.24 (+0.78%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
PFBC Preferred Bank
$34.03 /

+0.69 (+2.07%)

01/07/20 Raymond James
Preferred Bank downgraded to Market Perform from Outperform at Raymond James
01/07/20 Raymond James
Preferred Bank downgraded to Market Perform from Outperform at Raymond James
10/17/19 Janney Montgomery Scott
Preferred Bank downgraded to Neutral from Buy at Janney Montgomery Scott
08/21/19 B. Riley FBR
Preferred Bank downgraded to Neutral on tougher rate environment at B. Riley FBR
OSBC Old Second Bancorp
$6.75 /

-0.07 (-1.03%)

12/19/19 Piper Sandler
Old Second Bancorp initiated with an Overweight at Piper Jaffray
UMPQ Umpqua Holdings
$10.88 /

-0.01 (-0.09%)

01/02/20 Stephens
Stephens releases Best Ideas list for 2020
01/02/20 Stephens
Stephens upgrades Umpqua Holdings to Overweight on better expected profitability
01/02/20 Stephens
Umpqua Holdings upgraded to Overweight from Equal Weight at Stephens
07/19/19 Raymond James
Raymond James reiterates Outperform, but lowers target on Umpqua
TSC TriState Capital
$13.20 /

+0.27 (+2.09%)

01/30/20 Keefe Bruyette
TriState Capital downgraded to Market Perform from Outperform at Keefe Bruyette
09/25/19 B. Riley FBR
B. Riley FBR starts TriState Capital with Buy on earnings growth potential
09/24/19 B. Riley FBR
TriState Capital initiated with a Buy at B. Riley FBR
UBSI United Bankshares
$26.15 /

-0.4 (-1.51%)

05/04/20 Raymond James
United Bankshares downgraded to Market Perform from Outperform at Raymond James
05/04/20 Raymond James
United Bankshares downgraded to Market Perform from Outperform at Raymond James
04/06/20 Raymond James
United Bankshares upgraded to Outperform from Market Perform at Raymond James
04/06/20 Raymond James
United Bankshares upgraded to Outperform from Market Perform at Raymond James
BMRC Bank of Marin
$29.46 /

-0.56 (-1.87%)

CZWI Citizens Community Bancorp
$7.87 /

-0.09 (-1.13%)

EFSC Enterprise Financial
$27.42 /

-0.85 (-3.01%)

04/22/20 Raymond James
Enterprise Financial price target lowered to $33 from $35 at Raymond James
09/19/19 Raymond James
Enterprise Financial initiated with an Outperform at Raymond James
WTFC Wintrust Financial
$36.26 /

+0.51 (+1.43%)

04/06/20 Raymond James
Wintrust Financial upgraded to Strong Buy from Outperform at Raymond James
04/01/20 Keefe Bruyette
Wintrust Financial upgraded to Outperform from Market Perform at Keefe Bruyette
03/06/20 SunTrust
SunTrust cuts price targets on Banks amid lower interest rate environment
01/22/20 Keefe Bruyette
Wintrust downgraded to Market Perform from Outperform at Keefe Bruyette
PEBO Peoples Bancorp
$21.24 /

-0.11 (-0.52%)

01/10/20 DA Davidson
DA Davidson upgrades Peoples Bancorp to Buy, says loan growth underestimated
01/10/20 DA Davidson
Peoples Bancorp upgraded to Buy from Neutral at DA Davidson
ALRS Alerus Financial
$16.89 /

-0.39 (-2.26%)

10/08/19 DA Davidson
Alerus Financial initiated with a Neutral at DA Davidson
10/08/19 Raymond James
Alerus Financial positioned to deliver 'steady' EPS advances, says Raymond James
10/08/19 Raymond James
Alerus Financial initiated with an Outperform rating at Raymond James
10/08/19 DA Davidson
Alerus Financial initiated with a Neutral rating at DA Davidson
HMST HomeStreet
$22.76 /

+0.19 (+0.84%)

03/16/20 DA Davidson
HomeStreet upgraded to Buy from Neutral at DA Davidson
03/16/20 DA Davidson
HomeStreet upgraded to Buy from Neutral at DA Davidson
08/16/19 DA Davidson
HomeStreet upgraded to Neutral from Underperform at DA Davidson
Conference/Events
DA Davidson to hold a virtual conference » 04:55
05/07/20
05/07
04:55
05/07/20
04:55
AX

Axos Financial

$20.22 /

-0.69 (-3.30%)

, BANC

Banc of California

$9.53 /

-0.2 (-2.06%)

, BANR

Banner Corp.

$33.58 /

-1.38 (-3.95%)

, NFBK

Northfield Bancorp

$10.59 /

-0.22 (-2.04%)

, IBCP

Independent Bank

$13.13 /

-0.77 (-5.54%)

, HTLF

Heartland Financial

$30.64 /

-1.2 (-3.77%)

, PFBC

Preferred Bank

$33.34 /

-1.69 (-4.82%)

, OSBC

Old Second Bancorp

$6.82 /

-0.44 (-6.06%)

, UMPQ

Umpqua Holdings

$10.89 /

-0.45 (-3.97%)

, TSC

TriState Capital

$12.93 /

-0.46 (-3.44%)

, UBSI

United Bankshares

$26.55 /

-0.96 (-3.49%)

, BMRC

Bank of Marin

$30.02 /

-0.39 (-1.28%)

, CZWI

Citizens Community Bancorp

$7.96 /

+0.16 (+2.05%)

, EFSC

Enterprise Financial

$28.27 /

-1.14 (-3.88%)

, WTFC

Wintrust Financial

$35.75 /

-2.4 (-6.29%)

, PEBO

Peoples Bancorp

$21.35 /

-0.53 (-2.42%)

, ALRS

Alerus Financial

$17.28 /

+ (+0.00%)

, HMST

HomeStreet

$22.57 /

-0.51 (-2.21%)

22nd Annual Financial…

22nd Annual Financial Institutions Virtual Conference will be held on May 6-8. Webcast Link

ShowHide Related Items >><<
AX Axos Financial
$20.22 /

-0.69 (-3.30%)

04/30/20 Wedbush
Axos Financial price target raised to $27 from $21 at Wedbush
01/09/20 B. Riley FBR
Axos, Meta Financial among FBR's top Banks & Thrifts picks for 2020
12/18/19
Fly Intel: Top five analyst initiations
12/17/19 Wedbush
Axos Financial initiated with an Outperform at Wedbush
BANC Banc of California
$9.53 /

-0.2 (-2.06%)

04/13/20 B. Riley FBR
Banc of California upgraded to Neutral from Sell at B. Riley FBR
02/11/20 B. Riley FBR
Banc of California buyback program a 'modest positive,' says B. Riley FBR
01/24/20 B. Riley FBR
B. Riley downgrades Banc of California to Sell, says strategic sale unlikely
01/24/20 B. Riley FBR
Banc of California downgraded to Sell from Neutral at B. Riley FBR
BANR Banner Corp.
$33.58 /

-1.38 (-3.95%)

04/01/20 Keefe Bruyette
Banner Corp. upgraded to Outperform from Market Perform at Keefe Bruyette
06/11/19
Banner Corp. upgraded to Buy from Neutral at DA Davidson
06/11/19 DA Davidson
Banner Corp. upgraded to Buy from Neutral at DA Davidson
NFBK Northfield Bancorp
$10.59 /

-0.22 (-2.04%)

IBCP Independent Bank
$13.13 /

-0.77 (-5.54%)

04/01/20 Keefe Bruyette
Independent Bank upgraded to Outperform from Market Perform at Keefe Bruyette
01/17/20 DA Davidson
Independent Bank downgraded to Neutral from Buy at DA Davidson
HTLF Heartland Financial
$30.64 /

-1.2 (-3.77%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
PFBC Preferred Bank
$33.34 /

-1.69 (-4.82%)

01/07/20 Raymond James
Preferred Bank downgraded to Market Perform from Outperform at Raymond James
01/07/20 Raymond James
Preferred Bank downgraded to Market Perform from Outperform at Raymond James
10/17/19 Janney Montgomery Scott
Preferred Bank downgraded to Neutral from Buy at Janney Montgomery Scott
08/21/19 B. Riley FBR
Preferred Bank downgraded to Neutral on tougher rate environment at B. Riley FBR
OSBC Old Second Bancorp
$6.82 /

-0.44 (-6.06%)

12/19/19 Piper Sandler
Old Second Bancorp initiated with an Overweight at Piper Jaffray
UMPQ Umpqua Holdings
$10.89 /

-0.45 (-3.97%)

01/02/20 Stephens
Stephens releases Best Ideas list for 2020
01/02/20 Stephens
Stephens upgrades Umpqua Holdings to Overweight on better expected profitability
01/02/20 Stephens
Umpqua Holdings upgraded to Overweight from Equal Weight at Stephens
07/19/19 Raymond James
Raymond James reiterates Outperform, but lowers target on Umpqua
TSC TriState Capital
$12.93 /

-0.46 (-3.44%)

01/30/20 Keefe Bruyette
TriState Capital downgraded to Market Perform from Outperform at Keefe Bruyette
09/25/19 B. Riley FBR
B. Riley FBR starts TriState Capital with Buy on earnings growth potential
09/24/19 B. Riley FBR
TriState Capital initiated with a Buy at B. Riley FBR
UBSI United Bankshares
$26.55 /

-0.96 (-3.49%)

05/04/20 Raymond James
United Bankshares downgraded to Market Perform from Outperform at Raymond James
05/04/20 Raymond James
United Bankshares downgraded to Market Perform from Outperform at Raymond James
04/06/20 Raymond James
United Bankshares upgraded to Outperform from Market Perform at Raymond James
04/06/20 Raymond James
United Bankshares upgraded to Outperform from Market Perform at Raymond James
BMRC Bank of Marin
$30.02 /

-0.39 (-1.28%)

CZWI Citizens Community Bancorp
$7.96 /

+0.16 (+2.05%)

EFSC Enterprise Financial
$28.27 /

-1.14 (-3.88%)

04/22/20 Raymond James
Enterprise Financial price target lowered to $33 from $35 at Raymond James
09/19/19 Raymond James
Enterprise Financial initiated with an Outperform at Raymond James
WTFC Wintrust Financial
$35.75 /

-2.4 (-6.29%)

04/06/20 Raymond James
Wintrust Financial upgraded to Strong Buy from Outperform at Raymond James
04/01/20 Keefe Bruyette
Wintrust Financial upgraded to Outperform from Market Perform at Keefe Bruyette
03/06/20 SunTrust
SunTrust cuts price targets on Banks amid lower interest rate environment
01/22/20 Keefe Bruyette
Wintrust downgraded to Market Perform from Outperform at Keefe Bruyette
PEBO Peoples Bancorp
$21.35 /

-0.53 (-2.42%)

01/10/20 DA Davidson
DA Davidson upgrades Peoples Bancorp to Buy, says loan growth underestimated
01/10/20 DA Davidson
Peoples Bancorp upgraded to Buy from Neutral at DA Davidson
ALRS Alerus Financial
$17.28 /

+ (+0.00%)

10/08/19 DA Davidson
Alerus Financial initiated with a Neutral at DA Davidson
10/08/19 Raymond James
Alerus Financial positioned to deliver 'steady' EPS advances, says Raymond James
10/08/19 Raymond James
Alerus Financial initiated with an Outperform rating at Raymond James
10/08/19 DA Davidson
Alerus Financial initiated with a Neutral rating at DA Davidson
HMST HomeStreet
$22.57 /

-0.51 (-2.21%)

03/16/20 DA Davidson
HomeStreet upgraded to Buy from Neutral at DA Davidson
03/16/20 DA Davidson
HomeStreet upgraded to Buy from Neutral at DA Davidson
08/16/19 DA Davidson
HomeStreet upgraded to Neutral from Underperform at DA Davidson
Conference/Events
DA Davidson to hold a virtual conference » 08:55
05/06/20
05/06
08:55
05/06/20
08:55
AX

Axos Financial

$20.91 /

-0.84 (-3.86%)

, BANC

Banc of California

$9.73 /

+0.01 (+0.10%)

, BANR

Banner Corp.

$34.96 /

-1.15 (-3.18%)

, NFBK

Northfield Bancorp

$10.81 /

-0.27 (-2.44%)

, IBCP

Independent Bank

$13.90 /

-0.41 (-2.87%)

, HTLF

Heartland Financial

$31.84 /

-0.8 (-2.45%)

, PFBC

Preferred Bank

$35.03 /

-1.11 (-3.07%)

, OSBC

Old Second Bancorp

$7.26 /

-0.34 (-4.47%)

, UMPQ

Umpqua Holdings

$11.34 /

-0.33 (-2.83%)

, TSC

TriState Capital

$13.39 /

-0.44 (-3.18%)

, UBSI

United Bankshares

$27.51 /

-0.95 (-3.34%)

, BMRC

Bank of Marin

$30.41 /

-0.52 (-1.68%)

, CZWI

Citizens Community Bancorp

$7.80 /

-0.08 (-1.02%)

, EFSC

Enterprise Financial

$29.41 /

-0.23 (-0.78%)

, WTFC

Wintrust Financial

$37.87 /

-0.96 (-2.47%)

, PEBO

Peoples Bancorp

$21.88 /

-0.94 (-4.12%)

, ALRS

Alerus Financial

$17.28 /

+0.125 (+0.73%)

, HMST

HomeStreet

$23.08 /

-0.68 (-2.86%)

22nd Annual Financial…

22nd Annual Financial Institutions Virtual Conference will be held on May 6-8. Webcast Link

ShowHide Related Items >><<
AX Axos Financial
$20.91 /

-0.84 (-3.86%)

04/30/20 Wedbush
Axos Financial price target raised to $27 from $21 at Wedbush
01/09/20 B. Riley FBR
Axos, Meta Financial among FBR's top Banks & Thrifts picks for 2020
12/18/19
Fly Intel: Top five analyst initiations
12/17/19 Wedbush
Axos Financial initiated with an Outperform at Wedbush
BANC Banc of California
$9.73 /

+0.01 (+0.10%)

04/13/20 B. Riley FBR
Banc of California upgraded to Neutral from Sell at B. Riley FBR
02/11/20 B. Riley FBR
Banc of California buyback program a 'modest positive,' says B. Riley FBR
01/24/20 B. Riley FBR
B. Riley downgrades Banc of California to Sell, says strategic sale unlikely
01/24/20 B. Riley FBR
Banc of California downgraded to Sell from Neutral at B. Riley FBR
BANR Banner Corp.
$34.96 /

-1.15 (-3.18%)

04/01/20 Keefe Bruyette
Banner Corp. upgraded to Outperform from Market Perform at Keefe Bruyette
06/11/19
Banner Corp. upgraded to Buy from Neutral at DA Davidson
06/11/19 DA Davidson
Banner Corp. upgraded to Buy from Neutral at DA Davidson
NFBK Northfield Bancorp
$10.81 /

-0.27 (-2.44%)

IBCP Independent Bank
$13.90 /

-0.41 (-2.87%)

04/01/20 Keefe Bruyette
Independent Bank upgraded to Outperform from Market Perform at Keefe Bruyette
01/17/20 DA Davidson
Independent Bank downgraded to Neutral from Buy at DA Davidson
HTLF Heartland Financial
$31.84 /

-0.8 (-2.45%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
PFBC Preferred Bank
$35.03 /

-1.11 (-3.07%)

01/07/20 Raymond James
Preferred Bank downgraded to Market Perform from Outperform at Raymond James
01/07/20 Raymond James
Preferred Bank downgraded to Market Perform from Outperform at Raymond James
10/17/19 Janney Montgomery Scott
Preferred Bank downgraded to Neutral from Buy at Janney Montgomery Scott
08/21/19 B. Riley FBR
Preferred Bank downgraded to Neutral on tougher rate environment at B. Riley FBR
OSBC Old Second Bancorp
$7.26 /

-0.34 (-4.47%)

12/19/19 Piper Sandler
Old Second Bancorp initiated with an Overweight at Piper Jaffray
UMPQ Umpqua Holdings
$11.34 /

-0.33 (-2.83%)

01/02/20 Stephens
Stephens releases Best Ideas list for 2020
01/02/20 Stephens
Stephens upgrades Umpqua Holdings to Overweight on better expected profitability
01/02/20 Stephens
Umpqua Holdings upgraded to Overweight from Equal Weight at Stephens
07/19/19 Raymond James
Raymond James reiterates Outperform, but lowers target on Umpqua
TSC TriState Capital
$13.39 /

-0.44 (-3.18%)

01/30/20 Keefe Bruyette
TriState Capital downgraded to Market Perform from Outperform at Keefe Bruyette
09/25/19 B. Riley FBR
B. Riley FBR starts TriState Capital with Buy on earnings growth potential
09/24/19 B. Riley FBR
TriState Capital initiated with a Buy at B. Riley FBR
UBSI United Bankshares
$27.51 /

-0.95 (-3.34%)

05/04/20 Raymond James
United Bankshares downgraded to Market Perform from Outperform at Raymond James
05/04/20 Raymond James
United Bankshares downgraded to Market Perform from Outperform at Raymond James
04/06/20 Raymond James
United Bankshares upgraded to Outperform from Market Perform at Raymond James
04/06/20 Raymond James
United Bankshares upgraded to Outperform from Market Perform at Raymond James
BMRC Bank of Marin
$30.41 /

-0.52 (-1.68%)

CZWI Citizens Community Bancorp
$7.80 /

-0.08 (-1.02%)

EFSC Enterprise Financial
$29.41 /

-0.23 (-0.78%)

04/22/20 Raymond James
Enterprise Financial price target lowered to $33 from $35 at Raymond James
09/19/19 Raymond James
Enterprise Financial initiated with an Outperform at Raymond James
WTFC Wintrust Financial
$37.87 /

-0.96 (-2.47%)

04/06/20 Raymond James
Wintrust Financial upgraded to Strong Buy from Outperform at Raymond James
04/01/20 Keefe Bruyette
Wintrust Financial upgraded to Outperform from Market Perform at Keefe Bruyette
03/06/20 SunTrust
SunTrust cuts price targets on Banks amid lower interest rate environment
01/22/20 Keefe Bruyette
Wintrust downgraded to Market Perform from Outperform at Keefe Bruyette
PEBO Peoples Bancorp
$21.88 /

-0.94 (-4.12%)

01/10/20 DA Davidson
DA Davidson upgrades Peoples Bancorp to Buy, says loan growth underestimated
01/10/20 DA Davidson
Peoples Bancorp upgraded to Buy from Neutral at DA Davidson
ALRS Alerus Financial
$17.28 /

+0.125 (+0.73%)

10/08/19 DA Davidson
Alerus Financial initiated with a Neutral at DA Davidson
10/08/19 Raymond James
Alerus Financial positioned to deliver 'steady' EPS advances, says Raymond James
10/08/19 Raymond James
Alerus Financial initiated with an Outperform rating at Raymond James
10/08/19 DA Davidson
Alerus Financial initiated with a Neutral rating at DA Davidson
HMST HomeStreet
$23.08 /

-0.68 (-2.86%)

03/16/20 DA Davidson
HomeStreet upgraded to Buy from Neutral at DA Davidson
03/16/20 DA Davidson
HomeStreet upgraded to Buy from Neutral at DA Davidson
08/16/19 DA Davidson
HomeStreet upgraded to Neutral from Underperform at DA Davidson
Earnings
Heartland Financial reports Q1 EPS 54c, consensus 75c » 16:07
04/27/20
04/27
16:07
04/27/20
16:07
HTLF

Heartland Financial

$32.26 /

+2.25 (+7.50%)

Net interest margin,…

Net interest margin, expressed as a percentage of average earning assets, was 3.81%during the first quarter of 2020, compared to 3.86% during the fourth quarter of 2019 and 4.12% during the first quarter of 2019. Total interest income for the first quarter of 2020 was $131.0 million compared to $120.7 million recorded in the first quarter of 2019, an increase of $10.3 million or 9%. The tax-equivalent adjustment for income taxes saved on the interest earned on nontaxable securities and loans was $1.1 million for the first quarter of 2020 and $1.4 million for the first quarter of 2019. With these adjustments, total interest income on a tax-equivalent basis was $132.2 million for the first quarter of 2020, an increase of $10.0 million or 8%, compared to total interest income on a tax-equivalent basis of $122.1 million for the first quarter of 2019.

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HTLF Heartland Financial
$32.26 /

+2.25 (+7.50%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
Over a quarter ago
Hot Stocks
Heartland Financial announces 20% premium pay program for certain employees » 10:31
04/09/20
04/09
10:31
04/09/20
10:31
HTLF

Heartland Financial

$31.43 /

+1.25 (+4.14%)

Heartland Financial USA…

Heartland Financial USA announced additional support for employees who are on the front lines serving customers during this challenging time. Hourly customer-facing bank branch employees and customer service representatives in our call centers will receive premium pay of 20%, effective April 1, 2020. The company said, "Heartland is financially strong and uniquely situated due to the everyday efforts of our employees. In addition to premium pay, we have taken significant steps to support our employees and protect their health and safety as they continue to deliver excellent service to our customers and communities: Directed all employees who can work from home to do so. Committed to pay all employees at 100% through May 31, 2020. Employees who need time off because of illness, to care for a sick family member or to provide child care due to school or day care closings will be paid at their full rate. Committed to cover all COVID-19 related testing and treatment costs for primary healthcare plan participants. Members will have no out of pocket cost, including copays, deductibles or coinsurance. Closed most bank lobbies and implemented drive thru only. Deep cleanings at all locations on nights and weekends to reduce the spread of germs. Restricted business travel, are monitoring personal travel, and cancelled all in-person events and meetings. Annual merit cycle continued as planned in 2020."

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HTLF Heartland Financial
$31.43 /

+1.25 (+4.14%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
Conference/Events
Heartland Financial to host joint conference call » 10:25
02/12/20
02/12
10:25
02/12/20
10:25
HTLF

Heartland Financial

$50.30 /

+0.36 (+0.72%)

Conference call to…

Conference call to discuss the agreement to acquire ABI and its wholly owned subsidiary, AimBank will be held on February 12 at 11 am. Webcast Link

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HTLF Heartland Financial
$50.30 /

+0.36 (+0.72%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
Conference/Events
Heartland Financial to host joint conference call » 05:41
02/12/20
02/12
05:41
02/12/20
05:41
HTLF

Heartland Financial

$49.94 /

+0.14 (+0.28%)

Conference call to…

Conference call to discuss the agreement to acquire ABI and its wholly owned subsidiary, AimBank will be held on February 12 at 11 am. Webcast Link

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HTLF Heartland Financial
$49.94 /

+0.14 (+0.28%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler
Hot Stocks
Heartland Financial to acquire AIM Bancshares in transaction valued at $280.4M » 16:39
02/11/20
02/11
16:39
02/11/20
16:39
HTLF

Heartland Financial

$49.82 /

+0.02 (+0.04%)

Heartland Financial and…

Heartland Financial and AIM Bancshares, or ABI, announced they have entered into a definitive merger agreement pursuant to which Heartland will acquire ABI and its wholly owned subsidiary, AimBank. Based on Heartland's closing common stock price of $49.88 per share on February 10, the stock and cash transaction is valued at approximately $280.4M, or $11,010 per share of ABI common stock, subject to certain adjustments. The actual transaction value will change due to fluctuations in the price of Heartland common stock and is subject to certain potential adjustments as set forth in the merger agreement. AimBank is a full-service community bank, headquartered in Levelland, Texas with approximately $1.78B in total assets, $1.16B in net loans outstanding and $1.54B in deposits as of December 31, 2019. The bank serves Lubbock, Midland-Odessa, Amarillo, Abilene and other surrounding West Texas communities from 19 full-service banking centers. AimBank also has six full-service banking centers in Northeastern New Mexico. Upon completion of the merger of ABI with and into Heartland, AimBank will merge with and into Heartland's existing Lubbock, Texas-based subsidiary, FirstBank & Trust, which had approximately $1.14B in total assets as of December 31, 2019 and operates eight full-service banking centers in West Texas. The combination of AimBank and FirstBank & Trust will create Heartland's largest bank subsidiary with assets of almost $3B and 33 banking centers serving West Texas and Northeastern New Mexico. This bank subsidiary will operate under the FirstBank & Trust brand. After completing the acquisition of ABI, Heartland will have total assets of approximately $15B with 140 full-service banking locations operating in 12 states. Under the terms of the merger agreement, which has been unanimously approved by the boards of Heartland and ABI, ABI common shareholders at the closing will receive 207 shares of Heartland common stock and $685.00 in cash for each share of ABI common stock, subject to certain adjustments as set forth in the definitive merger agreement. ABI option holders will receive cash for the in-the-money portion of ABI stock options. The transaction is subject to approval by federal and state bank regulators and the ABI shareholders and to customary closing conditions. The transaction is expected to close early in Q3 with a systems conversion planned for Q4. Heartland and ABI anticipate that the transaction will qualify as a tax-free exchange with respect to the stock consideration received by ABI's shareholders. Heartland expects the transaction to be accretive to its earnings per share within the first year of combined operations.

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HTLF Heartland Financial
$49.82 /

+0.02 (+0.04%)

01/28/20 Piper Sandler
Heartland Financial upgraded to Overweight from Neutral at Piper Sandler

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