---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-022696"
form_type: "8-K"
ticker: null
cik: "0000920112"
company_name: "HEARTLAND FINANCIAL USA INC"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T06:06:58.333417+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Heartland Financial Q1 net income $49.7M, EPS $1.16; announces Rocky Mountain Bank sale

## Summary
- Net income $49.7M ($1.16 diluted EPS); adjusted EPS $1.22, excluding $3.4M in acquisition/restructuring and FDIC special assessment.
- Net interest margin (FTE) 3.57%, up from 3.52% Q4 2023; loan yield 6.63% vs 6.49%.
- Customer deposits grew $9.2M (ex-Rocky Mountain Bank); wholesale deposits reduced by $312.4M.
- Announced sale of Rocky Mountain Bank (9 branches) for pre-tax premium $30-35M; expected close early Q3 2024.
- Nonperforming assets down 11% to $98M (0.51% of assets).

## SEC filing metadata
- accession: 0001140361-24-022696
- form_type: 8-K
- cik: 0000920112
- company_name: HEARTLAND FINANCIAL USA INC
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920112/000114036124022696/0001140361-24-022696-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920112/000114036124022696/ny20027917x2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-022696
- JSON: https://secwatch.observer/filing/0001140361-24-022696.json
- Plain text: https://secwatch.observer/filing/0001140361-24-022696.txt

## Key facts
- Earnings Releases
  HEARTLAND FINANCIAL USA INC reported financial results for the quarter ended March 31, 2024.
  - Period: the quarter ended March 31, 2024
  - Result: reported results
  source text: On April 29, 2024, Heartland Financial USA, Inc. ("HTLF") issued a news release announcing its earnings for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/920112/000114036124022696/0001140361-24-022696-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.