Heartland BancCorp Earns $5.0 Million, or $2.48 Per Diluted Share, in the Fourth Quarter of 2022 and $18.1 Million, or $8.90 Per Diluted Share, for the Year 2022; Increases Quarterly Cash Dividend by 10% to $0.759 per Share
WHITEHALL, Ohio, Jan. 23, 2023 (GLOBE NEWSWIRE) — Heartland BancCorp (“Heartland” and “the Company”) (OTCQX: HLAN), parent company of Heartland Bank (“Bank”), today reported net income of $5.0 million, or $2.48 per diluted share in the fourth quarter of 2022, which was unchanged compared to the fourth quarter of 2021, and a modest decrease compared to $5.1 million, or $2.50 per diluted share, in the preceding quarter. For the year 2022, net income was $18.1 million, or $8.90 per diluted share, compared to $18.6 million, or $9.17 per diluted share, in 2021.
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