Heartland BancCorp Earns $5.3 Million, or $2.61 Per Diluted Share, in the Fourth Quarter of 2023; and a Record $19.5 Million, or $9.62 Per Diluted Share, for the Year; Declares Quarterly Cash Dividend of $0.759 Per Share
WHITEHALL, Ohio, Jan. 23, 2024 (GLOBE NEWSWIRE) — Heartland BancCorp (“Heartland” and “the Company”) (OTCQX: HLAN), parent company of Heartland Bank (“Bank”), today reported net income increased 5.2% to $5.3 million, or $2.61 per diluted share, in the fourth quarter of 2023, compared to $5.0 million, or $2.48 per diluted share, in the fourth quarter of 2022, and increased 7.2% compared to $4.9 million, or $2.43 per diluted share, in the preceding quarter. For the year 2023, net income increased 8.0% to a record $19.5 million, or $9.62 per diluted share, compared to $18.1 million, or $8.90 per diluted share, in 2022.
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