Heartland Financial USA, Inc.

NASDAQ:HTLF   12:58:45 PM EDT
44.39
+0.91 (+2.09%)
Earnings Announcements

HBT Financial, Inc. Expands Illinois Footprint Through Merger With Town And Country Financial Corporation

Published: 08/23/2022 20:30 GMT
Heartland Financial USA, Inc. (HTLF) - Hbt Financial, Inc. Expands Illinois Footprint Through Merger With Town and Country Financial Corporation.
Hbt Financial Inc - Strong EPS Accretion of 17% Expected in 2023 (excluding Transaction Expenses, Assuming Transaction Closes in Q1 of 2023).
Hbt Financial Inc - Based on Financial Results As of June 30, 2022, Combined Company Would Have Had Pro Forma Total Assets of $5.1 Billion.
Hbt Financial - Town, Country Shareholders to Have Right to Receive 1.9010 Shares of Hbt for Each Share, Or $35.66/share Cash, Or Combination of Cash and Stock.
Hbt Financial Inc - Implied per Share Purchase Price is $35.66.
Hbt Financial Inc - Shareholders of Town and Country Are Expected to Hold Abou T11% of Hbt's Outstanding Common Stock.
Revenue is expected to be $183.54 Million
Adjusted EPS is expected to be $1.26

Next Quarter Revenue Guidance is expected to be $188.03 Million
Next Quarter EPS Guidance is expected to be $1.33

More details on our Analysts Page.