DUBUQUE, Iowa (AP) _ Heartland Financial USA Inc. (HTLF) on Monday reported third-quarter net income of $56.6 million.
The Dubuque, Iowa-based bank said it had earnings of $1.28 per share. Earnings, adjusted for amortization costs, were $1.31 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The multibank holding company posted revenue of $205 million in the period. Its revenue net of interest expense was $185.1 million, which also beat Street forecasts.
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