DENVER (AP) — Heartland Financial USA Inc. HTLF) on Tuesday reported third-quarter profit of $64.2 million. The bank, based in Denver, said it had earnings of $1.44 per share.
Third Quarter Highlights Quarterly net income available to common stockholders of $62.1 million or $1.44 per common shareAdjusted earnings available to common stockholders of $50.6 million or $1.17 adjusted diluted earnings per common share (non-GAAP), which excludes: Gain on sale, net, of $29.7 million due to the sale of Rocky Mountain Bank branches in Montana.Loss on security sales of $9.5 million.Loss on fixed assets of $2.9 million due to branch closures and write-downs on properties listed